PUT-IMMO
ActiveSummary
PUT-IMMO has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.6m and a net result of €240,098. Equity is growing by ~5.8% per year across the filed fiscal years. The computed 12-month bankruptcy probability is < 0.1% (very low).
Financials · fiscal year 2025, full schema
2021 to 2025, 5 fiscal years 2018 to 2025, 8 fiscal years
The operating result falls in 2025; 2025 is 33% below 2024.
What the company sold each fiscal year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.
Peer companies
Historical observationOf the 20,139 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 20,139 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | €5,320 | €187,065 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €117,887 | €119,575 | €119,575 | €119,575 | €119,575 | €119,575 | €119,575 | €119,575 | = |
| Other operating charges640/8 | - | - | - | €930 | €930 | €1,022 | €1,030 | €1,060 | ▲ 3.0% |
| Gross operating margin9900 | €385,327 | €389,120 | €353,684 | €393,252 | €397,426 | €447,250 | €627,649 | €460,625 | ▼ 26.6% |
| Operating profit (loss)9901 | €266,510 | €268,615 | €233,179 | €272,747 | €276,921 | €326,653 | €507,045 | €339,990 | ▼ 32.9% |
| Financial income75/76B | - | - | - | €49 | - | €0 | €0 | - | - |
| Recurring financial income75 | €209 | €185 | €11 | €49 | - | €0 | €0 | - | - |
| Financial charges65/66B | - | - | - | €22,359 | €19,256 | €17,064 | €21,806 | €19,859 | ▼ 8.9% |
| Recurring financial charges65 | €34,130 | €27,225 | €23,175 | €22,359 | €19,256 | €17,064 | €21,806 | €19,859 | ▼ 8.9% |
| Profit (loss) for the period before taxes9903 | €232,590 | €241,575 | €210,015 | €250,437 | €257,665 | €309,589 | €485,239 | €320,131 | ▼ 34.0% |
| Transfer from deferred taxes780 | - | - | - | €5,542 | €5,542 | €5,542 | €9,380 | €9,380 | = |
| Transfer to deferred taxes680 | - | - | - | - | - | - | €46,766 | - | - |
| Income taxes67/77 | €79,890 | €77,612 | €58,495 | €68,401 | €69,806 | €83,088 | €83,923 | €89,413 | ▲ 6.5% |
| Profit (loss) for the period9904 | €160,235 | €171,498 | €157,063 | €187,578 | €193,401 | €232,044 | €363,929 | €240,098 | ▼ 34.0% |
| Transfer from tax-exempt reserves789 | - | - | - | €16,627 | €16,627 | €16,627 | €28,140 | €28,140 | = |
| Transfer to tax-exempt reserves689 | - | - | - | - | - | - | €140,299 | - | - |
| Profit (loss) for the period to be appropriated9905 | €174,869 | €186,133 | €173,690 | €204,206 | €210,028 | €248,672 | €251,770 | €268,238 | ▲ 6.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €2.9m | €2.8m | €2.9m | €2.9m | €2.9m | €2.9m | €3.3m | €3.5m | ▲ 8.6% |
| Fixed assets21/28 | €2.5m | €2.4m | €2.3m | €2.2m | €2.1m | €1.9m | €1.8m | €1.6m | ▼ 6.8% |
| Tangible fixed assets22/27 | €2.5m | €2.4m | €2.3m | €2.2m | €2.1m | €1.9m | €1.8m | €1.6m | ▼ 6.8% |
| Land and buildings22 | - | - | - | €2.2m | €2.1m | €1.9m | €1.8m | €1.6m | ▼ 6.8% |
| Current assets29/58 | €0.3m | €0.3m | €0.6m | €0.7m | €0.9m | €1.0m | €1.5m | €1.9m | ▲ 26.9% |
| Amounts receivable within one year40/41 | €0.2m | €0.06m | €0.07m | €0.2m | €0.2m | €0.05m | €0.002m | €0.3m | ▲ 14,167% |
| Trade receivables40 | - | - | - | - | - | - | €0.002m | €0.3m | ▲ 15,001% |
| Other amounts receivable41 | - | - | - | €0.2m | €0.2m | €0.05m | €111 | €111 | = |
| Cash at bank and in hand54/58 | €0.2m | €0.3m | €0.5m | €0.5m | €0.6m | €0.9m | €1.5m | €1.6m | ▲ 8.1% |
| Deferred charges and accrued income490/1 | - | - | - | - | - | €0.004m | €0.004m | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €2.9m | €2.8m | €2.9m | €2.9m | €2.9m | €2.9m | €3.3m | €3.5m | ▲ 8.6% |
| Equity10/15 | €1.6m | €1.8m | €2.0m | €2.2m | €2.2m | €2.2m | €2.4m | €2.6m | ▲ 10.0% |
| Contributions10/11 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Capital10 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Issued capital100 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Reserves13 | €0.7m | €0.7m | €0.8m | €0.7m | €0.7m | €0.7m | €0.8m | €0.8m | ▼ 3.4% |
| Non-distributable reserves130/1 | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Legal reserve130 | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Tax-exempt reserves132 | - | - | - | €0.4m | €0.4m | €0.4m | €0.5m | €0.5m | ▼ 5.8% |
| Distributable reserves133 | - | - | - | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Profit (loss) carried forward14 | €0.7m | €0.9m | €1.1m | €1.3m | €1.3m | €1.3m | €1.4m | €1.6m | ▲ 19.5% |
| Provisions and deferred taxes16 | €0.2m | €0.2m | €0.1m | €0.1m | €0.1m | €0.1m | €0.2m | €0.2m | ▼ 5.8% |
| Deferred taxes168 | - | - | - | €0.1m | €0.1m | €0.1m | €0.2m | €0.2m | ▼ 5.8% |
| Amounts payable17/49 | €1.0m | €0.8m | €0.8m | €0.6m | €0.6m | €0.5m | €0.7m | €0.7m | ▲ 7.2% |
| Amounts payable after more than one year17 | €0.1m | €0.07m | €0.05m | €0.02m | - | - | - | - | - |
| Financial debts170/4 | - | - | - | €0.02m | - | - | - | - | - |
| Amounts payable within one year42/48 | €0.9m | €0.7m | €0.7m | €0.5m | €0.6m | €0.5m | €0.7m | €0.7m | ▲ 7.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.03m | €0.02m | - | - | - | - |
| Trade debts44 | €0.002m | €0.003m | €0.004m | €66 | €0.002m | €0.006m | €0.002m | €0.004m | ▲ 150% |
| Suppliers440/4 | - | - | - | €66 | €0.002m | €0.006m | €0.002m | €0.004m | ▲ 150% |
| Taxes, remuneration and social security45 | - | - | - | €0.006m | €0.005m | €0.01m | €0.01m | €0.05m | ▲ 257% |
| Taxes450/3 | - | - | - | €0.006m | €0.005m | €0.01m | €0.01m | €13 | ▼ 99.9% |
| Remuneration and social security454/9 | - | - | - | - | - | - | - | €0.05m | - |
| Other amounts payable47/48 | - | - | - | €0.5m | €0.6m | €0.5m | €0.7m | €0.7m | ▲ 2.2% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | €0.02m | €0.02m | €0.02m | ▼ 9.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €160,235 | €171,498 | €157,063 | €187,578 | €193,401 | €232,044 | €363,929 | €240,098 | ▼ 34.0% |
| + Depreciation and write-downs630 | €117,887 | €119,575 | €119,575 | €119,575 | €119,575 | €119,575 | €119,575 | €119,575 | = |
| Operating cash flow (approximation) | €278,122 | €291,074 | €276,638 | €307,153 | €312,976 | €351,620 | €483,504 | €359,674 | ▼ 25.6% |
| Investment in fixed assets (approximation) | - | -€16,883 | €0 | €0 | €0 | €24,680 | €42,935 | €0 | ▼ 100% |
| Change in cash | - | €114,431 | €254,850 | -€23,631 | €127,478 | €259,129 | €583,944 | €120,822 | ▼ 79.3% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.