PUTUL
ActiveSummary
The computed 12-month bankruptcy probability of PUTUL is 1.7% (moderate). The 2024 annual accounts show equity of €19k and a net result of €2k. Equity is growing by ~11.3% per year across the filed fiscal years. Its solvency ranks better than 30% of 26043 sector peers (fiscal year 2024). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability42▲+2
Solvency34▼-13
Growth62=
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.1 against 1.25 in 2023; short-term debt: 90.6% and cash: 0.8% of total assets), and 90.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk
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
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
9.4%
Return on assets
0.8%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-11-2025, 101 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
101 d late
2023
60 d late
2022
30 d late
2021
31 d late
2020
31 d late
2019
63 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€403k▼ 5.6%
2019 · €427k
2018: €406k
2019: €427k▲ +5.1% vs 2018highest in 3 years
2020: €403k▼ -5.6% vs 2019lowest in 3 years
2018 → 2020
EBIT margin
0.8%=
2019 · 0.8%
2018: 0.6%lowest in 3 years
2019: 0.8%▲ +31.8% vs 2018
2020: 0.8%▲ +2.5% vs 2019highest in 3 years
2018 → 2020
Net result
€2k▲ 23.1%
2023 · €1k
2018: €711lowest in 7 years
2019: €2k▲ +144% vs 2018
2020: €2k▼ -3.9% vs 2019
2021: €2k▲ +20.7% vs 2020highest in 7 years
2022: €2k▼ -24.7% vs 2021
2023: €1k▼ -11.6% vs 2022
2024: €2k▲ +23.1% vs 2023
2018 → 2024
Working capital
€18k▲ 17.4%
2023 · €15k
2018: €2klowest in 7 years
2019: €5k▲ +138% vs 2018
2020: €7k▲ +56.6% vs 2019
2021: €10k▲ +40.8% vs 2020
2022: €13k▲ +24.2% vs 2021
2023: €15k▲ +18.1% vs 2022
2024: €18k▲ +17.4% vs 2023highest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€403k-
Equity€13k-€15k▲ 16.0%€16k▲ 10.4%€17k▲ 8.3%€19k▲ 9.4%
2020: €13klowest in 5 years
2021: €15k▲ +16.0% vs 2020
2022: €16k▲ +10.4% vs 2021
2023: €17k▲ +8.3% vs 2022
2024: €19k▲ +9.4% vs 2023highest in 5 years
Operating result€3k-€4k▲ 28.9%€4k▼ 2.2%€3k▼ 21.8%€4k▲ 27.1%
2020: €3k
2021: €4k▲ +28.9% vs 2020highest in 5 years
2022: €4k▼ -2.2% vs 2021
2023: €3k▼ -21.8% vs 2022lowest in 5 years
2024: €4k▲ +27.1% vs 2023
Net result€2k-€2k▲ 20.7%€2k▼ 24.7%€1k▼ 11.6%€2k▲ 23.1%
2020: €2k
2021: €2k▲ +20.7% vs 2020highest in 5 years
2022: €2k▼ -24.7% vs 2021
2023: €1k▼ -11.6% vs 2022lowest in 5 years
2024: €2k▲ +23.1% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 27% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €202k
Fixed assets
€1k ▼ 45.5%
Current assets
€201k ▲ 162%
Equity and liabilities €202k
Equity
€19k ▲ 9.4%
Debt
€183k ▲ 198%
Debt's share of the balance-sheet total rises from 77.9% to 90.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€5k▲
2023 · €4k
Cash flow
€3k▲
2023 · €2k
Current ratio
1.10▼
2023 · 1.25
Quick ratio
1.00▲
2023 · 0.84
Debt to equity
9.60▲
2023 · 3.52
ROE
8.6%▲
2023 · 7.7%
ROA
0.8%▼
2023 · 1.7%
Interest coverage
2.67▲
2023 · 2.25
Debt ≤ 1 year
€183k▲
2023 · €61k
Income taxes
€604▲
2023 · €49
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 40 lines
Balance sheet
Code20232024
Assets
Total assets20/58€79k€202k▲
Fixed assets21/28€2k€1k▼
Intangible fixed assets21€2k€1k▼
Financial fixed assets28€200€200=
Current assets29/58€77k€201k▲
Stocks and contracts in progress3€25k€19k▼
Stocks30/36€25k€19k▼
Amounts receivable within one year40/41€27k€181k▲
Trade receivables40€25k€181k▲
Other amounts receivable41€2k-
Cash at bank and in hand54/58€24k€2k▼
Equity and liabilities
Total equity and liabilities10/49€79k€202k▲
Equity10/15€17k€19k▲
Contributions10/11€6k€6k=
Reserves13€249€249=
Non-distributable reserves130/1€249€249=
Reserves not available under the articles1311€249€249=
Profit (loss) carried forward14€11k€12k▲
Amounts payable17/49€61k€183k▲
Amounts payable within one year42/48€61k€183k▲
Trade debts44€53k€79k▲
Suppliers440/4€53k€79k▲
Taxes, remuneration and social security45€9k€3k▼
Taxes450/3€399€3k▲
Remuneration and social security454/9€8k-
Other amounts payable47/48-€101k
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k=
Other operating charges640/8-€100
Gross operating margin9900€4k€5k▲
Operating profit (loss)9901€3k€4k▲
Financial income75/76B€0€0▲
Recurring financial income75€0€0▲
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€1k€2k▲
Income taxes67/77€49€604▲
Profit (loss) for the period9904€1k€2k▲
Profit (loss) for the period to be appropriated9905€1k€2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€11k€12k▲
Profit (loss) brought forward from the previous period14P€9k€11k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €403k | - | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | €2k | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €1k | €1k | €1k | €1k | = |
| Other operating charges640/8 | - | €25 | €25 | - | €100 | - |
| Gross operating margin9900 | €4k | €5k | €7k | €4k | €5k | ▲ 23.2% |
| Operating profit (loss)9901 | €3k | €4k | €4k | €3k | €4k | ▲ 27.1% |
| Financial income75/76B | - | - | €0 | €0 | €0 | ▲ 50.0% |
| Recurring financial income75 | - | - | €0 | €0 | €0 | ▲ 50.0% |
| Financial charges65/66B | - | €2k | €2k | €2k | €2k | ▲ 1.6% |
| Recurring financial charges65 | €1k | €2k | €2k | €2k | €2k | ▲ 1.6% |
| Profit (loss) for the period before taxes9903 | €2k | €3k | €2k | €1k | €2k | ▲ 62.3% |
| Income taxes67/77 | €417 | €573 | €924 | €49 | €604 | ▲ 1,134% |
| Profit (loss) for the period9904 | €2k | €2k | €2k | €1k | €2k | ▲ 23.1% |
| Profit (loss) for the period to be appropriated9905 | €2k | €2k | €2k | €1k | €2k | ▲ 23.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €38k | €76k | €120k | €79k | €202k | ▲ 156% |
| Fixed assets21/28 | €5k | €4k | €3k | €2k | €1k | ▼ 45.5% |
| Intangible fixed assets21 | €5k | €4k | €3k | €2k | €1k | ▼ 50.0% |
| Financial fixed assets28 | €200 | €200 | €200 | €200 | €200 | = |
| Current assets29/58 | €32k | €72k | €116k | €77k | €201k | ▲ 162% |
| Stocks and contracts in progress3 | €10k | €13k | €20k | €25k | €19k | ▼ 24.9% |
| Stocks30/36 | - | €13k | €20k | €25k | €19k | ▼ 24.9% |
| Amounts receivable within one year40/41 | €12k | €54k | €94k | €27k | €181k | ▲ 562% |
| Trade receivables40 | - | €50k | €90k | €25k | €181k | ▲ 622% |
| Other amounts receivable41 | - | €4k | €3k | €2k | - | - |
| Cash at bank and in hand54/58 | €10k | €5k | €3k | €24k | €2k | ▼ 93.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €38k | €76k | €120k | €79k | €202k | ▲ 156% |
| Equity10/15 | €13k | €15k | €16k | €17k | €19k | ▲ 9.4% |
| Contributions10/11 | - | €6k | €6k | €6k | €6k | = |
| Outside capital11 | - | €6k | - | - | - | - |
| Other1109/19 | - | €6k | - | - | - | - |
| Reserves13 | €249 | €249 | €249 | €249 | €249 | = |
| Non-distributable reserves130/1 | - | €249 | €249 | €249 | €249 | = |
| Reserves not available under the articles1311 | - | €249 | €249 | €249 | €249 | = |
| Profit (loss) carried forward14 | €6k | €8k | €9k | €11k | €12k | ▲ 15.2% |
| Amounts payable17/49 | €25k | €61k | €103k | €61k | €183k | ▲ 198% |
| Amounts payable within one year42/48 | €25k | €61k | €103k | €61k | €183k | ▲ 198% |
| Trade debts44 | €20k | €52k | €93k | €53k | €79k | ▲ 50.2% |
| Suppliers440/4 | - | €52k | €93k | €53k | €79k | ▲ 50.2% |
| Taxes, remuneration and social security45 | - | €9k | €10k | €9k | €3k | ▼ 66.8% |
| Taxes450/3 | - | €1k | €3k | €399 | €3k | ▲ 615% |
| Remuneration and social security454/9 | - | €8k | €8k | €8k | - | - |
| Other amounts payable47/48 | - | - | - | - | €101k | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2k | €2k | €2k | €1k | €2k | ▲ 23.1% |
| + Depreciation and write-downs630 | €1k | €1k | €1k | €1k | €1k | = |
| Operating cash flow (approximation) | €3k | €3k | €3k | €2k | €3k | ▲ 13.2% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €-5k | €-2k | €21k | €-23k | ▼ 206% |
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
09-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 101 days late
2024
29-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 60 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Highest result since 2018net €2k ▲20.7%
Operating result €4k, net result €2k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
02-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 63 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 28 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
2 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, Brussel · 1 establishment unit since 2015
Ground area
72 m²
Building footprint
65 m²
Volume, LiDAR
1,177 m³
Parcel 21815D0070/00S003, Brussels · tallest building 20.4 m, ±6 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
PUTUL
since 20152.241.717.609
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21815D0070/00S003 | Brussels | 72 m² | 1 · 65 m² | 20.4 m · 6 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBrussel2.241.717.609
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Of 3,826 companies in sector 47210 we hold annual accounts for 965. 705 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded05-05-2015
Fiscal year end31-12
Activities, NACEBEL 2025
47210Retail sale of fruit and vegetables
47279Other retail sale of food
Scores and ratios are computed by Checked and are not a credit decision.