Pushpa
ActivePushpa has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €42k and a net result of €3k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 71% of 17987 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
68
/ 100
Healthy▼ -7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability34▼-60
Solvency98=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 2.3 against 2.33 in 2024), and 41% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
59%
Return on assets
4%
Age of the figures
8 mo
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €42k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
22 d late
2023
29 d late
2022
30 d late
2021
30 d early
2020
31 d early
2019
28 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€42k▲ 7.3%
2024 · €39k
2018: €-4k
2019: €-13k
2020: €-16k
2021: €-14k
2022: €1k
2023: €32k
2024: €39k
2018 → 2025
Total assets
€71k▲ 8.8%
2024 · €65k
2018: €53k
2019: €46k
2020: €42k
2021: €46k
2022: €42k
2023: €53k
2024: €65k
2018 → 2025
Net result
€3k▼ 61.1%
2024 · €7k
2018: €-17k
2019: €-9k
2020: €-4k
2021: €2k
2022: €15k
2023: €30k
2024: €7k
2018 → 2025
Working capital
€38k▲ 8.2%
2024 · €35k
2018: €-13k
2019: €-21k
2020: €-20k
2021: €-18k
2022: €-149
2023: €28k
2024: €35k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-14k-€1k€32k▲ 2,633%€39k▲ 23.2%€42k▲ 7.3%
Operating result€3k-€17k▲ 551%€32k▲ 90.8%€10k▼ 69.8%€9k▼ 10.1%
Net result€2k-€15k▲ 599%€30k▲ 97.4%€7k▼ 75.9%€3k▼ 61.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 10% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €71k
Fixed assets
€4k=
Current assets
€67k▲ 9.3%
Equity and liabilities €71k
Equity
€42k▲ 7.3%
Debt
€29k▲ 10.9%
The debt ratio rises from 40.2% to 41.0%: debt grows faster than equity.
Key figures and ratios
Solvency
59.0%▼
2024 · 59.8%
Current ratio
2.30▼
2024 · 2.33
Quick ratio
0.33▲
2024 · 0.32
Debt / equity
0.70▲
2024 · 0.67
ROE
6.8%▼
2024 · 18.9%
ROA
4.0%▼
2024 · 11.3%
Debt
€29k▲
2024 · €26k
Debt ≤ 1 year
€29k▲
2024 · €26k
Income taxes
€1k▼
2024 · €1k
Staff costs
€6k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€65k€71k▲
Fixed assets21/28€4k€4k=
Financial fixed assets28€4k€4k=
Current assets29/58€61k€67k▲
Stocks and contracts in progress3€53k€57k▲
Stocks30/36€53k€57k▲
Amounts receivable within one year40/41€6k€6k▲
Trade receivables40€1k€709▼
Other amounts receivable41€5k€5k▲
Cash at bank and in hand54/58€2k€4k▲
Deferred charges and accrued income490/1€218€226▲
Equity and liabilities
Total equity and liabilities10/49€65k€71k▲
Equity10/15€39k€42k▲
Contributions10/11€19k€19k=
Reserves13€5k€5k=
Distributable reserves133€5k€5k=
Profit (loss) carried forward14€15k€18k▲
Amounts payable17/49€26k€29k▲
Amounts payable within one year42/48€26k€29k▲
Trade debts44€6k€10k▲
Suppliers440/4€6k€10k▲
Taxes, remuneration and social security45€11k€13k▲
Taxes450/3€9k€13k▲
Remuneration and social security454/9€2k-
Other amounts payable47/48€9k€6k▼
Income statement
Code20242025
Non-recurring operating income76A€3k-
Remuneration, social security and pensions62-€6k
Other operating charges640/8€1k€4k▲
Gross operating margin9900€11k€19k▲
Operating profit (loss)9901€10k€9k▼
Financial income75/76B€82€2▼
Recurring financial income75€82€2▼
Financial charges65/66B€912€5k▲
Recurring financial charges65€912€5k▲
Profit (loss) for the period before taxes9903€9k€4k▼
Income taxes67/77€1k€1k▼
Profit (loss) for the period9904€7k€3k▼
Profit (loss) for the period to be appropriated9905€7k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€15k€18k▲
Profit (loss) brought forward from the previous period14P€8k€15k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 22 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Highest result since 2018net €30k ▲97.4%
Operating result €32k, net result €30k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 2.32
Current ratio from 1.00 to 2.32; short-term debt falls from €38k to €21k.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €2k
Net result €2k after 3 loss-making years.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
25-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 117 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
11-10
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 72 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Brugge · 2 establishment units since 2008
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Smedenstraat 128000 BruggeGround area
768 m²
Building footprint
767 m²
Volume, LiDAR
6,550 m³
2 parcels, Flanders · tallest building 14.8 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
Pushpa
since 20082.174.765.437
Pushpa 2
since 20242.358.924.687
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31804D1236/00S000 | Flanders | 717 m² | 1 · 716 m² | 14.8 m · 3 fl. |
| 31804D0488/00B000indicative | Flanders | 51 m² | 1 · 51 m² | 10.7 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
Recognitions · licences · registrations
Food safety, FASFC
2 sitesBrugge2.174.765.437
Brugge2.358.924.687
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Of 10,411 companies in sector 47110 we hold annual accounts for 5,786. 4,523 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-11-2008
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.