PUTSEYS VALUES
ActiveSummary
PUTSEYS VALUES has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €596,738 and a net result of €26,155. Equity is growing by about 3.4% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.1% (very low).
Financials · financial year 2025, micro format
Equity
€596,738▲ 1.9%
2024 · €585,583
Total assets
€628,716▲ 1.5%
2024 · €619,596
Net result
€26,155▼ 44.3%
2024 · €46,954
Working capital
€36,964▲ 87.3%
2024 · €19,733
Trend over the years
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result falls in 2025; 2025 is 42% below 2024 and is the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€39,051
2025
Net result€26,155
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€628,716
2025
Equity€596,738
2025
Debt€31,978
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€36,964
2025
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€50,729-€39,097▼ 22.9%€39,499▲ 1.0%€53,496▲ 35.4%€43,169▼ 19.3%€67,334▲ 56.0%€39,051▼ 42.0%
Net result€34,128-€27,283▼ 20.1%€29,032▲ 6.4%€36,183▲ 24.6%€28,649▼ 20.8%€46,954▲ 63.9%€26,155▼ 44.3%
Equity€488,905-€516,188▲ 5.6%€508,685▼ 1.5%€509,011▲ 0.1%€537,661▲ 5.6%€585,583▲ 8.9%€596,738▲ 1.9%
Total assets€641,587-€624,283▼ 2.7%€581,054▼ 6.9%€559,453▼ 3.7%€555,283▼ 0.7%€619,596▲ 11.6%€628,716▲ 1.5%
Debt€152,682-€108,096▼ 29.2%€72,369▼ 33.1%€50,442▼ 30.3%€17,623▼ 65.1%€34,013▲ 93.0%€31,978▼ 6.0%
Working capital€18,317-€14,913▼ 18.6%-€21,859-€26,329▼ 20.5%€11,598€19,733▲ 70.1%€36,964▲ 87.3%
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €628,716
Fixed assets
€559,774 ▼ 2.2%
Current assets
€68,942 ▲ 45.9%
Equity and liabilities €628,716
Equity
€596,738 ▲ 1.9%
Debt
€31,978 ▼ 6.0%
Debt's share of the balance-sheet total falls from 5.5% to 5.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€51,624▼
2024 · €78,158
Cash flow
€38,728▼
2024 · €57,778
Current ratio
2.16▲
2024 · 1.72
Debt to equity
0.05▼
2024 · 0.06
ROE
4.4%▼
2024 · 8.0%
ROA
4.2%▼
2024 · 7.6%
Interest coverage
16.71▼
2024 · 27.72
Debt ≤ 1 year
€31,978▲
2024 · €27,516
Debt > 1 year
€0▼
2024 · €6,497
Income taxes
€10,590▼
2024 · €18,201
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,738 | €9,865 | €9,874 | €9,278 | €9,278 | €10,824 | €12,573 | ▲ 16.2% |
| Other operating charges640/8 | - | - | - | €3,426 | €3,591 | €3,146 | €3,075 | ▼ 2.3% |
| Gross operating margin9900 | €63,781 | €50,134 | €51,706 | €66,200 | €56,038 | €81,304 | €54,699 | ▼ 32.7% |
| Operating profit (loss)9901 | €50,729 | €39,097 | €39,499 | €53,496 | €43,169 | €67,334 | €39,051 | ▼ 42.0% |
| Financial income75/76B | - | - | - | €0 | €0 | €641 | €784 | ▲ 22.4% |
| Recurring financial income75 | €3,987 | €4,086 | €5,526 | €0 | €0 | €641 | €784 | ▲ 22.4% |
| Financial charges65/66B | - | - | - | €2,412 | €1,745 | €2,819 | €3,090 | ▲ 9.6% |
| Recurring financial charges65 | €6,000 | €4,618 | €3,743 | €2,412 | €1,745 | €2,819 | €3,090 | ▲ 9.6% |
| Profit (loss) for the period before taxes9903 | €48,716 | €38,565 | €41,282 | €51,085 | €41,424 | €65,155 | €36,745 | ▼ 43.6% |
| Income taxes67/77 | €14,588 | €11,283 | €12,250 | €14,901 | €12,775 | €18,201 | €10,590 | ▼ 41.8% |
| Profit (loss) for the period9904 | €34,128 | €27,283 | €29,032 | €36,183 | €28,649 | €46,954 | €26,155 | ▼ 44.3% |
| Profit (loss) for the period to be appropriated9905 | €34,128 | €27,283 | €29,032 | €36,183 | €28,649 | €46,954 | €26,155 | ▼ 44.3% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €641,587 | €624,283 | €581,054 | €559,453 | €555,283 | €619,596 | €628,716 | ▲ 1.5% |
| Fixed assets21/28 | €563,179 | €553,313 | €544,619 | €535,341 | €526,063 | €572,347 | €559,774 | ▼ 2.2% |
| Tangible fixed assets22/27 | €563,179 | €553,313 | €544,619 | €535,341 | €526,063 | €572,347 | €559,774 | ▼ 2.2% |
| Land and buildings22 | - | - | - | €535,341 | €526,063 | €571,325 | €559,122 | ▼ 2.1% |
| Furniture and vehicles24 | - | - | - | - | - | €1,022 | €652 | ▼ 36.2% |
| Current assets29/58 | €78,408 | €70,970 | €36,435 | €24,113 | €29,220 | €47,249 | €68,942 | ▲ 45.9% |
| Amounts receivable within one year40/41 | €69,967 | €66,487 | €34,821 | €18,211 | €18,162 | €28,803 | €41,765 | ▲ 45.0% |
| Trade receivables40 | - | - | - | €18,211 | €18,162 | €17,747 | €17,747 | = |
| Other amounts receivable41 | - | - | - | €0 | - | €11,056 | €24,018 | ▲ 117% |
| Cash at bank and in hand54/58 | €3,210 | €66 | €168 | €562 | €8,178 | €16,573 | €22,829 | ▲ 37.7% |
| Deferred charges and accrued income490/1 | - | - | - | €5,340 | €2,881 | €1,873 | €4,348 | ▲ 132% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €641,587 | €624,283 | €581,054 | €559,453 | €555,283 | €619,596 | €628,716 | ▲ 1.5% |
| Equity10/15 | €488,905 | €516,188 | €508,685 | €509,011 | €537,661 | €585,583 | €596,738 | ▲ 1.9% |
| Contributions10/11 | €240,357 | €0 | - | €240,357 | €240,357 | €240,357 | €240,357 | = |
| Reserves13 | €248,548 | €275,831 | €268,328 | €268,654 | €298,272 | €345,226 | €356,381 | ▲ 3.2% |
| Non-distributable reserves130/1 | - | - | - | €4,256 | €4,256 | €0 | - | - |
| Reserves not available under the articles1311 | - | - | - | €4,256 | €4,256 | €0 | - | - |
| Tax-exempt reserves132 | - | - | - | €14,130 | €14,130 | €14,130 | €14,130 | = |
| Distributable reserves133 | - | - | - | €250,268 | €279,885 | €331,096 | €342,251 | ▲ 3.4% |
| Profit (loss) carried forward14 | - | - | - | €0 | -€968 | - | €0 | - |
| Amounts payable17/49 | €152,682 | €108,096 | €72,369 | €50,442 | €17,623 | €34,013 | €31,978 | ▼ 6.0% |
| Amounts payable after more than one year17 | €92,243 | €52,039 | €14,075 | €0 | - | €6,497 | €0 | ▼ 100% |
| Financial debts170/4 | - | - | - | €0 | - | €6,497 | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €60,092 | €56,057 | €58,294 | €50,442 | €17,623 | €27,516 | €31,978 | ▲ 16.2% |
| Current portion of amounts payable after more than one year42 | - | - | - | €14,075 | €0 | €12,496 | €6,497 | ▼ 48.0% |
| Financial debts43 | - | - | - | - | - | €496 | €128 | ▼ 74.1% |
| Credit institutions430/8 | - | - | - | - | - | €496 | €128 | ▼ 74.1% |
| Trade debts44 | €4,264 | €4,048 | €11,432 | €13,393 | €9,827 | €5,819 | €6,325 | ▲ 8.7% |
| Suppliers440/4 | - | - | - | €13,393 | €9,827 | €5,819 | €6,325 | ▲ 8.7% |
| Taxes, remuneration and social security45 | - | - | - | €11,914 | €7,435 | €8,705 | €4,027 | ▼ 53.7% |
| Taxes450/3 | - | - | - | €11,914 | €7,435 | €8,705 | €4,027 | ▼ 53.7% |
| Other amounts payable47/48 | - | - | - | €11,060 | €361 | €0 | €15,000 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €34,128 | €27,283 | €29,032 | €36,183 | €28,649 | €46,954 | €26,155 | ▼ 44.3% |
| + Depreciation and write-downs630 | €11,738 | €9,865 | €9,874 | €9,278 | €9,278 | €10,824 | €12,573 | ▲ 16.2% |
| Operating cash flow (approximation) | €45,865 | €37,148 | €38,906 | €45,461 | €37,927 | €57,778 | €38,728 | ▼ 33.0% |
| Investment in fixed assets (approximation) | - | €0 | -€1,179 | €0 | €0 | -€57,108 | €0 | - |
| Change in cash | - | -€3,144 | €102 | €394 | €7,615 | €8,396 | €6,256 | ▼ 25.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 26 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-06-2025 | micro format | 05-11-2025 | 2025-00562384 |
| 30-06-2024 | micro format | 17-12-2024 | 2024-00617687 |
| 30-06-2023 | micro format | 12-12-2023 | 2023-00528543 |
| 30-06-2022 | micro format | 12-12-2022 | 2022-20535395 |
| 30-06-2021 | micro format | 06-01-2022 | 2022-00300243 |
| 30-06-2020 | micro format | 08-01-2021 | 2021-00400573 |
| 30-06-2019 | micro format | 17-12-2019 | 2019-76100054 |
| 30-06-2018 | micro format | 23-01-2019 | 2019-01900470 |
| 30-06-2017 | micro format | 08-01-2018 | 2018-00600192 |
| 30-06-2016 | abbreviated format | 31-01-2017 | 2017-02700211 |
Similar companies · same sector, comparable size
LADCO
BE 0789.751.630
Zoersel · equity €596,696
DE BAZAR
BE 0808.468.769
Genk · equity €596,201
BUY - AID
BE 0475.379.677
Gent · equity €597,489
DEKEMPE
BE 0436.195.439
Blankenberge · equity €595,758
Copyright Agent Benelux
BE 0541.831.904
Antwerpen · equity €597,748
Of the 24,205 active companies whose main activity is other business support services (NACE 82990), figures are known for 9,608. 5,582 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.