PUTTEMANS (0451.926.859): annual accounts, directors and company register

PUTTEMANS

Bertem ·KBO/BCE: BE 0451.926.859

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

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%	0.9%
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%

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Balance sheet: assets
Total assets`20/58`	406,718	426,648	454,231	488,505	521,729	556,196	568,996	362,779	381,345	394,171	415,523	466,448	496,223	574,619	596,994	635,898	671,779	750,221	780,951	754,550
Formation expenses`20`	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Fixed assets`21/28`	385,635	415,742	445,048	478,186	509,901	542,463	548,173	343,100	364,919	386,738	404,792	432,793	458,197	509,826	537,768	590,713	618,182	622,706	649,397	676,088
Intangible fixed assets`21`	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Tangible fixed assets`22/27`	385,635	415,742	445,048	478,186	509,901	542,463	548,173	343,100	364,919	386,738	404,792	432,793	458,197	509,826	537,768	565,924	593,393	573,127	599,818	626,510
Land and buildings`22`	207,580	232,143	254,261	273,998	294,056	313,204	336,295	343,100	364,562	386,025	402,392	427,993	458,197	509,826	537,768	565,924	593,393	571,840	598,160	624,481
Plant, machinery and equipment`23`	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	1,287	1,658	2,029
Furniture and vehicles`24`	486	748	4,252	12,519	20,990	29,460	-	0	356	713	2,400	4,800	-	-	-	-	-	-	-	-
Other tangible fixed assets`26`	177,569	182,852	186,535	191,669	194,855	199,799	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Assets under construction and advance payments`27`	-	-	-	-	-	0	211,877	0	-	-	-	-	-	-	-	-	-	-	-	-
Financial fixed assets`28`	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	24,789	24,789	49,579	49,579	49,578
Current assets`29/58`	21,083	10,906	9,182	10,319	11,829	13,733	20,823	19,679	16,426	7,433	10,731	33,654	38,027	64,792	59,226	45,185	53,597	127,515	131,554	78,462
Amounts receivable after more than one year`29`	-	-	-	-	-	-	-	0	-	-	-	32,890	33,671	36,403	38,873	41,719	44,457	60,774	49,705	54,557
Trade receivables`290`	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Other amounts receivable`291`	-	-	-	-	-	-	-	0	-	-	-	32,890	33,671	36,403	38,873	41,719	44,457	60,774	49,705	54,557
Stocks and contracts in progress`3`	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Stocks`30/36`	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Contracts in progress`37`	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Amounts receivable within one year`40/41`	484	-	-	-	0	381	1,341	0	-	-	3,500	-	1,201	-	-	-	2,400	8,588	406	18,769
Trade receivables`40`	-	-	-	-	0	381	-	0	-	-	-	-	-	-	-	-	2,400	-	-	817
Other amounts receivable`41`	484	-	-	-	-	0	1,341	0	-	-	3,500	-	1,201	-	-	-	-	8,588	406	17,952
Current investments`50/53`	-	-	-	-	-	-	-	0	-	-	-	-	-	3,466	3,466	3,466	3,412	58,153	3,412	3,359
Cash at bank and in hand`54/58`	10,724	3,366	-	-	-	-	0	1,611	-	147	44	322	-	24,923	16,886	-	2,328	-	77,426	1,776
Deferred charges and accrued income`490/1`	9,875	7,541	9,182	10,319	11,829	13,352	19,482	18,069	16,426	7,287	7,187	442	3,155	-	-	-	1,000	-	605	1
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	406,718	426,648	454,231	488,505	521,729	556,196	568,996	362,779	381,345	394,171	415,523	466,448	496,223	574,619	596,994	635,898	671,779	750,221	780,951	754,550
Equity`10/15`	246,184	240,003	239,540	242,349	244,766	256,651	268,172	273,358	270,637	263,015	263,377	264,340	258,263	261,085	268,065	203,755	216,904	207,981	192,696	158,697
Contributions`10/11`	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000
Capital`10`	62,000	62,000	62,000	62,000	62,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Issued capital`100`	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000
Uncalled capital`101`	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Contributions outside capital`11`	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Share premium`1100/10`	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Revaluation surpluses`12`	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Reserves`13`	184,184	178,003	177,540	180,349	182,766	194,651	206,172	211,358	208,637	201,015	202,340	202,340	196,263	206,065	206,065	154,904	154,904	145,981	130,696	49,748
Non-distributable reserves`130/1`	6,200	6,200	6,200	6,200	6,200	6,200	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Legal reserve`130`	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200
Own shares acquired`1312`	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Other`1319`	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Tax-exempt reserves`132`	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Distributable reserves`133`	177,984	171,803	171,340	174,149	176,566	188,451	199,972	205,158	202,437	194,815	196,140	196,140	190,063	199,865	199,865	148,704	148,704	139,781	124,496	43,548
Profit (loss) carried forward`14`	-	-	-	-	-	-	-	0	-	-	-962	-	-	-6,980	-	-13,149	-	-	-	46,949
Investment grants`15`	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Advance to shareholders on the distribution of net assets`19`	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Provisions and deferred taxes`16`	3,280	4,920	6,560	8,200	9,840	11,480	17,603	17,603	11,620	-	-	-	-	-	-	-	-	-	-	-
Provisions for liabilities and charges`160/5`	3,280	4,920	6,560	8,200	9,840	11,480	17,603	17,603	-	-	-	-	-	-	-	-	-	-	-	-
Pensions and similar obligations`160`	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Taxes`161`	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Major repairs and maintenance`162`	-	-	-	-	9,840	11,480	17,603	17,603	-	-	-	-	-	-	-	-	-	-	-	-
Environmental obligations`163`	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Other liabilities and charges`164/5`	3,280	4,920	6,560	8,200	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Deferred taxes`168`	-	-	-	-	-	-	-	0	11,620	-	-	-	-	-	-	-	-	-	-	-
Amounts payable`17/49`	157,254	181,725	208,130	237,956	267,123	288,065	283,221	71,818	99,088	131,156	152,146	202,108	237,960	313,534	328,930	432,143	454,875	542,240	588,255	595,853
Amounts payable after more than one year`17`	99,691	111,961	127,971	148,657	171,169	228,904	228,122	31,000	34,524	58,031	96,367	133,950	193,154	229,074	262,412	295,416	327,992	474,848	484,769	533,575
Financial debts`170/4`	99,691	111,961	127,971	148,657	171,169	228,904	228,122	31,000	34,524	58,031	96,367	133,950	193,154	229,074	262,412	295,416	327,992	474,848	484,769	533,575
Trade debts`175`	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Advances received on contracts in progress`176`	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Other amounts payable`178/9`	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Amounts payable within one year`42/48`	47,257	59,499	70,479	80,676	87,144	51,183	53,290	37,865	61,866	71,205	53,872	66,252	43,703	84,460	66,518	136,727	126,883	67,392	103,486	62,278
Current portion of amounts payable after more than one year`42`	12,270	16,010	20,686	22,512	22,236	21,963	15,218	19,524	38,507	37,804	37,123	36,004	35,083	33,338	33,004	32,576	31,818	50,625	68,806	56,285
Financial debts`43`	-	0	3,346	8,096	5,834	7,042	10,164	0	6,279	8,117	582	14,117	6,899	-	-	31,832	-	1,768	-	-
Credit institutions`430/8`	-	0	3,346	8,096	5,834	7,042	10,164	0	6,279	8,117	582	14,117	6,899	-	-	31,832	-	1,768	-	-
Other loans`439`	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Trade debts`44`	35	747	105	733	1,650	1,063	1,353	1,442	3,909	11,311	1,159	1,103	1,615	2,014	498	400	768	3,680	5,945	5,529
Suppliers`440/4`	35	747	105	733	1,650	1,063	1,353	1,442	3,909	11,311	1,159	1,103	1,615	2,014	498	400	768	3,680	5,945	5,529
Bills of exchange payable`441`	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Advances received on contracts in progress`46`	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Taxes, remuneration and social security`45`	556	2,151	3,571	2,370	3,440	2,795	0	980	110	-	-	-	106	23,484	4,376	5,361	11,319	11,319	19,469	464
Taxes`450/3`	556	2,151	3,571	2,370	3,440	2,795	0	980	110	-	-	-	106	23,484	4,376	5,361	11,319	11,319	19,469	331
Remuneration and social security`454/9`	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	133
Other amounts payable`47/48`	34,396	40,591	42,771	46,965	53,985	18,320	26,554	15,919	13,060	13,974	15,009	15,028	-	25,624	28,640	66,558	82,979	-	9,265	-
Accrued charges and deferred income`492/3`	10,306	10,265	9,681	8,623	8,810	7,978	1,809	2,953	2,697	1,920	1,906	1,906	1,102	-	-	-	-	-	-	-
Income statement
Non-recurring operating income`76A`	-	-	0	161	-	-	-	0	14,594	-	-	3,747	-	-	51,869	-	-	-	-	-
Gross operating margin`9900`	48,882	45,758	46,489	45,745	33,400	34,648	26,289	40,524	56,223	32,154	47,983	48,754	51,293	55,701	59,241	45,888	82,858	80,259	116,826	132,324
Remuneration, social security and pensions`62`	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	1,048	-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	30,107	33,899	37,572	37,364	36,771	39,360	23,091	21,819	21,819	24,219	28,001	32,904	30,204	28,156	28,156	28,156	31,738	26,691	26,691	38,167
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)`631/4`	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Provisions for liabilities and charges: additions (uses and reversals)`635/8`	-1,640	-1,640	-1,640	-1,640	-1,640	-6,123	0	5,983	11,620	-	-	-	-	-	-	-	-	-	-	-
Other operating charges`640/8`	6,853	6,384	6,492	5,662	6,405	7,976	4,575	4,835	5,521	4,165	5,108	5,441	6,936	5,109	5,225	4,797	5,767	4,089	9,451	4,860
Operating charges capitalised as restructuring costs`649`	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Non-recurring operating charges`66A`	-	-	-	-	-	-	-	0	-	-	9,890	-	-	-	-	-	-	-	-	-
Operating profit (loss)`9901`	13,563	7,116	4,066	4,358	-8,136	-6,565	-1,378	7,887	17,263	3,770	14,874	10,410	14,154	22,436	25,860	12,935	45,353	49,479	79,637	89,297
Financial income`75/76B`	0	0	-	-	0	3,500	0	0	-	-	-	-	13	1,443	1,856	2,023	5,947	3,490	2,786	4,673
Recurring financial income`75`	0	0	-	-	0	0	0	0	-	-	-	-	13	1,443	1,856	2,023	5,947	3,490	2,786	4,673
Non-recurring financial income`76B`	-	-	-	-	0	3,500	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Financial charges`65/66B`	1,866	2,098	2,529	3,051	3,103	5,662	3,643	2,796	4,031	4,133	5,946	8,081	11,227	11,997	15,276	16,609	21,485	24,534	27,962	31,357
Recurring financial charges`65`	1,866	2,098	2,529	3,051	3,103	5,662	3,643	2,796	4,031	4,133	5,946	8,081	11,227	11,997	15,276	16,609	21,485	24,534	27,962	31,357
Non-recurring financial charges`66B`	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Profit (loss) for the period before taxes`9903`	11,697	5,018	1,537	1,308	-11,239	-8,726	-5,021	5,091	13,232	-363	-962	6,076	2,939	11,882	64,309	-1,650	29,816	28,435	54,461	62,613
Income taxes`67/77`	5,516	4,556	4,346	3,725	645	2,795	166	2,370	5,610	-	-	-	5,761	18,862	-	11,499	20,893	13,150	20,461	-
Profit (loss) for the period`9904`	6,181	462	-2,809	-2,417	-11,884	-11,521	-5,186	2,721	7,622	-363	-962	6,076	-2,822	-6,980	64,309	-13,149	8,923	15,285	34,000	62,613
Transfer from tax-exempt reserves`789`	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Transfer to tax-exempt reserves`689`	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Profit (loss) for the period to be appropriated`9905`	6,181	462	-2,809	-2,417	-11,884	-11,521	-5,186	2,721	7,622	-363	-962	6,076	-2,822	-6,980	64,309	-13,149	8,923	15,285	34,000	62,613
Appropriation of the result
Profit (loss) to be appropriated`9906`	6,181	462	-2,809	-2,417	-11,884	-11,521	-5,186	2,721	7,622	-363	-962	6,076	-9,801	-6,980	51,161	-13,149	8,923	15,285	80,949	46,949
Transfer from equity`791/2`	-	0	2,809	2,417	11,884	11,521	5,186	0	-	363	-	-	9,801	-	-	-	-	-	-	-
Transfer to equity`691/2`	6,181	462	-	-	-	-	0	2,721	7,622	-	-	6,076	0	-	51,161	-	8,923	15,285	80,949	-
Addition to contributions`691`	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
To the legal reserve`6920`	-	-	-	-	-	-	-	0	-	-	-	-	0	-	-	-	-	-	-	-
To other reserves`6921`	6,181	462	-	-	-	-	0	2,721	7,622	-	-	6,076	-	-	51,161	-	8,923	15,285	80,949	-
Profit to be distributed`694/7`	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Return on contributions (dividend)`694`	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Directors or managers`695`	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Employees`696`	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
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Financial year	Type	Filed	Reference	Document
31-12-2025	abbreviated format	07-08-2026	2026-00389388	PDF
31-12-2024	micro format	19-03-2025	2025-00050812	PDF
31-12-2023	micro format	31-07-2024	2024-00323077	PDF
31-12-2022	micro format	14-07-2023	2023-00243946	PDF
31-12-2021	micro format	29-07-2022	2022-20243593	PDF
31-12-2020	micro format	12-08-2021	2021-48600382	PDF
31-12-2019	micro format	14-08-2020	2020-41200171	PDF
31-12-2018	micro format	26-06-2019	2019-23500238	PDF
31-12-2017	micro format	17-08-2018	2018-46700326	PDF
31-12-2016	micro format	30-06-2017	2017-25200334	PDF
31-12-2015	abbreviated format	30-06-2016	2016-26400328	PDF
31-12-2014	abbreviated format	10-08-2015	2015-40400315	PDF
31-12-2013	abbreviated format	07-08-2014	2014-39900168	PDF
31-12-2012	abbreviated format	12-02-2014	2014-03500395	PDF
31-12-2011	abbreviated format	03-12-2013	2013-67700193	PDF
31-12-2010	abbreviated format	03-12-2013	2013-67700208	PDF
31-12-2009	abbreviated format	03-12-2013	2013-67700191	PDF
31-12-2008	abbreviated format	03-12-2013	2013-67700189	PDF
31-12-2007	abbreviated format	03-12-2013	2013-67700188	PDF
31-12-2006	abbreviated format	20-07-2007	2007-44700060	PDF
31-12-2005	abbreviated format	21-06-2006	2006-28504541	PDF
31-12-2004	abbreviated format	24-08-2005	2005-65400089	PDF
31-12-2003	abbreviated format	08-06-2005	2005-22302880	PDF
31-12-2002	abbreviated format	30-07-2003	2003-54302159	PDF
31-12-2001	abbreviated format	30-07-2003	2003-50500127	PDF
31-12-2000	abbreviated format	30-07-2003	2003-50500099	PDF
31-12-1999	abbreviated format	02-11-2000	2000-69400233	PDF
31-12-1998	abbreviated format	02-11-2000	2000-69400065	PDF
31-12-1997	abbreviated format	02-11-2000	2000-69400208	PDF
31-12-1996	abbreviated format	08-11-2000	2000-70305048	PDF
31-12-1995	abbreviated format	07-11-2000	2000-70102512	PDF
31-12-1994	abbreviated format	08-11-2000	2000-70305035	PDF

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
EBITDA	43,670	41,015	41,638	41,723	28,635	32,795	21,714	29,706	39,082	27,989	42,875	43,313	44,358	50,592	54,016	41,091	77,091	76,170	106,328	127,464
Cash flow	36,288	34,361	34,763	34,947	24,887	27,838	17,905	24,540	29,441	23,856	27,039	38,980	27,382	21,176	92,465	15,007	40,661	41,976	60,691	100,780
Investment in fixed assets (approximation)	0	4,592	4,434	5,650	4,209	245,527	228,164	0	0	6,165	0	7,500	-21,426	214	-24,789	687	52,004	0	0	85,934
Change in cash	7,358	-	-	-	-	-	-1,611	-	-	103	-278	-	-	8,037	-	-	-	-	75,650	-
Working capital	-26,175	-48,593	-61,296	-70,357	-75,315	-37,450	-32,467	-18,185	-45,440	-63,772	-43,142	-32,598	-5,677	-19,668	-7,292	-91,542	-73,286	60,123	28,068	16,184
Solvency	60.5%	56.3%	52.7%	49.6%	46.9%	46.1%	47.1%	75.4%	71.0%	66.7%	63.4%	56.7%	52.0%	45.4%	44.9%	32.0%	32.3%	27.7%	24.7%	21.0%
Current ratio	0.45	0.18	0.13	0.13	0.14	0.27	0.39	0.52	0.27	0.10	0.20	0.51	0.87	0.77	0.89	0.33	0.42	1.89	1.27	1.26
Debt to equity	0.64	0.76	0.87	0.98	1.09	1.12	1.06	0.26	0.37	0.50	0.58	0.76	0.92	1.20	1.23	2.12	2.10	2.61	3.05	3.75
ROE	2.5%	0.2%	-1.2%	-1.0%	-4.9%	-4.5%	-1.9%	1.0%	2.8%	-0.1%	-0.4%	2.3%	-1.1%	-2.7%	24.0%	-6.5%	4.1%	7.3%	17.6%	39.5%
ROA	1.5%	0.1%	-0.6%	-0.5%	-2.3%	-2.1%	-0.9%	0.8%	2.0%	-0.1%	-0.2%	1.3%	-0.6%	-1.2%	10.8%	-2.1%	1.3%	2.0%	4.4%	8.3%
Interest coverage	23.40	19.55	16.46	13.68	9.23	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Item	2025	2024	2023	2022	2021
Mortgages, amount registered	€74,789	€74,789	€74,789	€74,789	-
Mortgage mandates	€450,000	€450,000	€450,000	-	-
Carrying value of the mortgaged assets	€385,149	€414,994	€440,796	€465,667	-
Pledge on the business	-	-	-	€450,000	-

Item	2025	2024	2023	2022	2021
Tangible fixed assets	-	€4,592	€4,434	€5,650	€4,209
Depreciation and write-downs of the year	€30,107	€33,899	€37,572	€37,364	€36,771

Overview

Lifetime

Key points

Turnover

Filings

Checked score

Score breakdown

Comparable companies, two years later

Credit verdict

Signals

Board and ownership

Recent changes

Official details

Annual accounts 2025

Insights on PUTTEMANS

Financials

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Filed annual accounts

Filings

Key figures and ratios

Securities and guarantees

Investments

Insights on PUTTEMANS

Board & ownership

Board

Mandates through the years

Control

Capital

Articles of association

Network & group

Holdings

Belgium 1 Equity Result

Holdings through the years

Timeline

Timeline

History

Company details

Identity

Activities

Registered office and establishments

Buildings and parcels at the address

Location

Parcels