PUTTEMANS-MAES
ActiveSummary
The computed 12-month bankruptcy probability of PUTTEMANS-MAES is 1.5% (moderate). The 2024 annual accounts show equity of €10,301 and a net result of €11,235. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 50% of 18935 sector peers (fiscal year 2024). The company has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+18
Solvency54▲+32
Growth71▲+21
Track record100
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.17 against 0.7 in 2023; short-term debt: 68.1% and cash: 43.2% of total assets), and 71% of the assets are financed with debt.
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Signals
Four 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 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
29%
Return on assets
31.6%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-07-2025, 13 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
13 d early
2023
22 d early
2022
20 d early
2021
21 d late
2020
31 d late
2019
57 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 9 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Turnover
€74,219▲ 30.7%
2023 · €56,782
EBIT margin
22.2%▲ 17.6pp
2023 · 4.6%
Net result
€11,235▲ 1,196%
2023 · €867
Working capital
€4,111
2023 · -€7,375
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€30,106▼ 36.6%€51,170▲ 70.0%€52,604▲ 2.8%€56,782▲ 7.9%€74,219▲ 30.7%
Operating result€11,595▼ 54.4%€10,537▼ 9.1%€2,980▼ 71.7%€2,632▼ 11.7%€16,469▲ 526%
Net result€11,595within the sector's middle half▼ 40.1%€8,412within the sector's middle half▼ 27.5%€1,444within the sector's middle half▼ 82.8%€867within the sector's middle half▼ 40.0%€11,235within the sector's middle half▲ 1,196%
EBIT margin38.5%▼ 15.0pp20.6%▼ 17.9pp5.7%▼ 14.9pp4.6%▼ 1.0pp22.2%▲ 17.6pp
Equity-€11,657below the sector's middle half▲ 49.9%-€3,245below the sector's middle half▲ 72.2%-€1,801within the sector's middle half▲ 44.5%-€934within the sector's middle half▲ 48.1%€10,301within the sector's middle half
Total assets€22,483below the sector's middle half▲ 89.9%€47,166below the sector's middle half▲ 110%€33,555below the sector's middle half▼ 28.9%€29,005below the sector's middle half▼ 13.6%€35,537below the sector's middle half▲ 22.5%
Debt€34,139▼ 2.7%€50,411▲ 47.7%€35,356▼ 29.9%€29,940▼ 15.3%€25,236▼ 15.7%
Working capital€17,045within the sector's middle half-€18,730within the sector's middle half-€11,755within the sector's middle half▲ 37.2%-€7,375within the sector's middle half▲ 37.3%€4,111within the sector's middle half
Solvency-51.8%below the sector's middle half▲ 144.6pp-6.9%below the sector's middle half▲ 45.0pp-5.4%below the sector's middle half▲ 1.5pp-3.2%within the sector's middle half▲ 2.1pp29.0%within the sector's middle half▲ 32.2pp
Current ratio19.19above the sector's middle half▲ 18.850.50below the sector's middle half▼ 18.690.55within the sector's middle half▲ 0.050.70within the sector's middle half▲ 0.151.17within the sector's middle half▲ 0.47
Return on assets (ROA)51.6%above the sector's middle half▼ 111.8pp17.8%within the sector's middle half▼ 33.7pp4.3%within the sector's middle half▼ 13.5pp3.0%within the sector's middle half▼ 1.3pp31.6%above the sector's middle half▲ 28.6pp
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 526% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €35,537
Fixed assets
€7,228 ▼ 37.6%
Current assets
€28,309 ▲ 62.6%
Equity and liabilities €35,537
Equity
€10,301
Debt
€25,236
Debt finances 71.0% of the balance-sheet total.
Key figures and ratios
EBITDA
€22,529▲
2023 · €11,341
Cash flow
€17,295▲
2023 · €9,575
Quick ratio
1.05▲
2023 · 0.66
Debt to equity
2.45
ROE
109.1%
Interest coverage
188.03▲
2023 · 62.39
Debt ≤ 1 year
€24,198▼
2023 · €24,789
Debt > 1 year
€1,038▼
2023 · €5,151
Income taxes
€5,115▲
2023 · €1,584
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,818 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 95% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.0%
went bankrupt
3.7%
stopped otherwise
95%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 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 3,818 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.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €30,106 | €51,170 | €52,604 | €56,782 | €74,219 | ▲ 30.7% |
| Goods, raw materials, services and sundry goods60/61 | - | €27,802 | €38,445 | €43,506 | €49,914 | ▲ 14.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,437 | €9,515 | €9,515 | €8,708 | €6,060 | ▼ 30.4% |
| Other operating charges640/8 | - | €3,316 | €1,664 | €1,936 | €1,775 | ▼ 8.3% |
| Gross operating margin9900 | €13,823 | €23,368 | €14,159 | €13,276 | €24,304 | ▲ 83.1% |
| Operating profit (loss)9901 | €11,595 | €10,537 | €2,980 | €2,632 | €16,469 | ▲ 526% |
| Financial income75/76B | - | €0 | €0 | €0 | €0 | - |
| Recurring financial income75 | - | €0 | €0 | €0 | €0 | - |
| Non-recurring financial income76B | - | €0 | - | €0 | - | - |
| Financial charges65/66B | - | €231 | €249 | €182 | €120 | ▼ 34.1% |
| Recurring financial charges65 | €0 | €225 | €249 | €182 | €120 | ▼ 34.1% |
| Non-recurring financial charges66B | - | €6 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €11,595 | €10,306 | €2,731 | €2,451 | €16,350 | ▲ 567% |
| Income taxes67/77 | - | €1,894 | €1,287 | €1,584 | €5,115 | ▲ 223% |
| Profit (loss) for the period9904 | €11,595 | €8,412 | €1,444 | €867 | €11,235 | ▲ 1,196% |
| Profit (loss) for the period to be appropriated9905 | €11,595 | €8,412 | €1,444 | €867 | €11,235 | ▲ 1,196% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €22,483 | €47,166 | €33,555 | €29,005 | €35,537 | ▲ 22.5% |
| Formation expenses20 | €0 | - | - | - | - | - |
| Fixed assets21/28 | €4,500 | €28,667 | €19,152 | €11,591 | €7,228 | ▼ 37.6% |
| Tangible fixed assets22/27 | €4,500 | €28,667 | €19,152 | €11,591 | €7,228 | ▼ 37.6% |
| Land and buildings22 | - | €1,677 | €1,467 | €1,257 | €1,048 | ▼ 16.7% |
| Plant, machinery and equipment23 | - | €1,902 | €1,268 | €1,000 | €970 | ▼ 3.0% |
| Furniture and vehicles24 | - | €25,088 | €16,417 | €9,334 | €5,210 | ▼ 44.2% |
| Current assets29/58 | €17,982 | €18,499 | €14,404 | €17,414 | €28,309 | ▲ 62.6% |
| Stocks and contracts in progress3 | €1,618 | €1,887 | €2,413 | €1,112 | €2,847 | ▲ 156% |
| Stocks30/36 | - | €1,887 | €2,413 | €1,112 | €2,847 | ▲ 156% |
| Amounts receivable within one year40/41 | €8,810 | €976 | €6,458 | €11,279 | €10,115 | ▼ 10.3% |
| Trade receivables40 | - | €720 | €6,200 | €11,279 | €8,552 | ▼ 24.2% |
| Other amounts receivable41 | - | €256 | €258 | - | €1,563 | - |
| Current investments50/53 | - | €15,637 | - | - | - | - |
| Cash at bank and in hand54/58 | €7,554 | - | €5,533 | €5,023 | €15,347 | ▲ 206% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €22,483 | €47,166 | €33,555 | €29,005 | €35,537 | ▲ 22.5% |
| Equity10/15 | -€11,657 | -€3,245 | -€1,801 | -€934 | €10,301 | ▲ 1,203% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Capital10 | - | €6,200 | - | - | - | - |
| Issued capital100 | - | €18,600 | - | - | - | - |
| Uncalled capital101 | - | €12,400 | - | - | - | - |
| Reserves13 | €315 | €315 | €315 | €315 | €315 | = |
| Non-distributable reserves130/1 | - | €315 | €315 | €315 | €315 | = |
| Legal reserve130 | - | €315 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | €315 | €315 | €315 | = |
| Profit (loss) carried forward14 | -€18,172 | -€9,760 | -€8,316 | -€7,449 | €3,786 | ▲ 151% |
| Amounts payable17/49 | €34,139 | €50,411 | €35,356 | €29,940 | €25,236 | ▼ 15.7% |
| Amounts payable after more than one year17 | - | €13,181 | €9,198 | €5,151 | €1,038 | ▼ 79.8% |
| Financial debts170/4 | - | €13,181 | €9,198 | €5,151 | €1,038 | ▼ 79.8% |
| Amounts payable within one year42/48 | €937 | €37,230 | €26,158 | €24,789 | €24,198 | ▼ 2.4% |
| Current portion of amounts payable after more than one year42 | - | €3,920 | €3,983 | €4,047 | €4,113 | ▲ 1.6% |
| Trade debts44 | €937 | €289 | €2,231 | €1,728 | €1,309 | ▼ 24.3% |
| Suppliers440/4 | - | €289 | €2,231 | €1,728 | €1,309 | ▼ 24.3% |
| Taxes, remuneration and social security45 | - | €1,822 | €2,247 | €2,550 | €4,698 | ▲ 84.3% |
| Taxes450/3 | - | €1,822 | €2,247 | €2,550 | €4,698 | ▲ 84.3% |
| Other amounts payable47/48 | - | €31,198 | €17,697 | €16,464 | €14,078 | ▼ 14.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11,595 | €8,412 | €1,444 | €867 | €11,235 | ▲ 1,196% |
| + Depreciation and write-downs630 | €1,437 | €9,515 | €9,515 | €8,708 | €6,060 | ▼ 30.4% |
| Operating cash flow (approximation) | €13,032 | €17,927 | €10,959 | €9,575 | €17,295 | ▲ 80.6% |
| Investment in fixed assets (approximation) | - | -€33,681 | €0 | -€1,148 | -€1,696 | ▼ 47.8% |
| Change in cash | - | - | - | -€510 | €10,325 | ▲ 2,125% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €867 ▼40%
Net result drops to €867, the lowest in the series; recovery starts the following year.
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
21-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 21 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Liquidity times 57current ratio 19.19
Current ratio from 0.34 to 19.19; short-term debt falls from €35,091 to €937.
26-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 57 days late
2019
31-12
Financial
Highest result since 2018net €19,343 ▲515%
Operating result €25,421, net result €19,343, both a record.
23-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 54 days late
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Herent · 1 establishment unit since 2004
Ground area
837 m²
Building footprint
192 m²
Volume, LiDAR
1,126 m³
Parcel 24423G0401/00T010, Flanders · tallest building 10.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PUTTEMANS-MAES
since 20042.135.721.254
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24423G0401/00T010 | Flanders | 837 m² | 1 · 192 m² | 10.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Subsidies and aid
Flemish government
2024 · 1 entry · 46 EUR awarded · 46 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 46 EUR | 46 EUR |
Recognitions · licences · registrations
Food safety, FASFC
1 siteHerent2.135.721.254
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Of 13,991 companies in this sector we hold annual accounts for 4,899. 3,539 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded22-01-2004
Fiscal year end31-12
Activities, NACEBEL 2025
56301Cafés and bars
56111Full-service restaurants
68201Renting and operating of own or leased residential real estate, excluding social housing
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0862903090
Also
9925:BE0862903090
Registered
31-10-2024
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.