Putman
ActiveSummary
Putman has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €22k and a net result of €57k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 33% of 36375 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
75
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+51
Solvency57▲+57
Growth78▲+19
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity short (current ratio 0.79 against 0.2 in 2023; short-term debt: 68.5% and cash: 33.8% of total assets), and 68.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
31.5%
Return on assets
82.1%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-08-2025, 4 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
4 d late
2023
54 d late
2022
58 d late
2021
90 d late
2020
10 d early
2019
34 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€211k▲ 45.2%
2023 · €146k
2018: €96k
2019: €125k
2020: €206k
2021: €224k
2022: €98k
2023: €146k
2018 → 2024
EBIT margin
27.3%▲ 27.5pp
2023 · -0.2%
2018: -21.9%
2019: -2.4%
2020: 3.4%
2021: -3.1%
2022: -25.9%
2023: -0.2%
2018 → 2024
Net result
€57k
2023 · €-2k
2018: €-12k
2019: €3k
2020: €5k
2021: €-8k
2022: €-25k
2023: €-2k
2018 → 2024
Working capital
€-10k▲ 80.3%
2023 · €-51k
2018: €-20k
2019: €-19k
2020: €-36k
2021: €-49k
2022: €-60k
2023: €-51k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€206k-€224k▲ 8.5%€98k▼ 56.0%€146k▲ 47.9%€211k▲ 45.2%
Equity€414-€-8k€-33k▼ 322%€-35k▼ 5.5%€22k
Operating result€7k-€-7k€-25k▼ 273%€-313▲ 98.8%€58k
Net result€5k-€-8k€-25k▼ 206%€-2k▲ 92.8%€57k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €58k after a loss of €313 in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €70k
Fixed assets
€32k ▲ 83.7%
Current assets
€38k ▲ 200%
Equity and liabilities €70k
Equity
€22k
Debt
€48k
Debt finances 68.5% of the balance-sheet total.
Key figures and ratios
EBITDA
€65k▲
2023 · €8k
Cash flow
€65k▲
2023 · €6k
Current ratio
0.79▲
2023 · 0.20
Quick ratio
0.71▲
2023 · 0.08
Debt to equity
2.17▲
2023 · -1.85
ROE
260.3%
ROA
82.1%▲
2023 · -6.1%
Interest coverage
81.21▲
2023 · 5.00
Debt ≤ 1 year
€48k▼
2023 · €64k
Income taxes
€2k
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 · 52 lines
Balance sheet
Code20232024
Assets
Total assets20/58€30k€70k▲
Fixed assets21/28€17k€32k▲
Tangible fixed assets22/27€17k€32k▲
Plant, machinery and equipment23€799-
Furniture and vehicles24€17k€32k▲
Financial fixed assets28€50€50=
Current assets29/58€13k€38k▲
Stocks and contracts in progress3€8k€4k▼
Stocks30/36€8k€4k▼
Amounts receivable within one year40/41€5k€10k▲
Trade receivables40-€6k
Other amounts receivable41€5k€3k▼
Cash at bank and in hand54/58€39€24k▲
Deferred charges and accrued income490/1€258€713▲
Equity and liabilities
Total equity and liabilities10/49€30k€70k▲
Equity10/15€-35k€22k▲
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Profit (loss) carried forward14€-56k€1k▲
Amounts payable17/49€65k€48k▼
Amounts payable after more than one year17€1k-
Financial debts170/4€1k-
Amounts payable within one year42/48€64k€48k▼
Current portion of amounts payable after more than one year42€13k€8k▼
Trade debts44€11k€19k▲
Suppliers440/4€11k€19k▲
Taxes, remuneration and social security45-€8k
Taxes450/3-€8k
Other amounts payable47/48€40k€14k▼
Accrued charges and deferred income492/3€105-
Income statement
Code20232024
Turnover70€146k€211k▲
Goods, raw materials, services and sundry goods60/61€115k€141k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€8k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€7k€4k▼
Other operating charges640/8€1k€2k▲
Non-recurring operating charges66A€15k-
Gross operating margin9900€31k€71k▲
Operating profit (loss)9901€-313€58k▲
Financial income75/76B€12€2k▲
Recurring financial income75€12€2k▲
Financial charges65/66B€2k€804▼
Recurring financial charges65€2k€804▼
Profit (loss) for the period before taxes9903€-2k€59k▲
Income taxes67/77-€2k
Profit (loss) for the period9904€-2k€57k▲
Profit (loss) for the period to be appropriated9905€-2k€57k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-56k€1k▲
Profit (loss) brought forward from the previous period14P€-54k€-56k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
04-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 4 days late
2024
31-12
Financial
Back to profitnet €57k
Net result €57k after 3 loss-making years.
23-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 54 days late
2023
27-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 58 days late
2022
31-12
Financial
Weakest financial yearnet €-25k
Net result drops to €-25k, the lowest in the series; recovery starts the following year.
29-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 90 days late
2021
21-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
03-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 34 days late
2019
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
22-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 53 days late
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
27-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Braine-l'Alleud · 1 establishment unit since 2001
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Chemin du Roton 231420 Braine-l'AlleudGround area
200 m²
Building footprint
273 m²
Volume, LiDAR
1,116 m³
Parcel 25743H0036/00R000, Wallonia · tallest building 7.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
FINE WOOD CONCEPT
since 20012.096.890.570
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25743H0036/00R000 | Wallonia | 200 m² | 1 · 273 m² | 7.2 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
BDESIGN
BE 0778.803.991
Flémalle · Eq €21,932
DIFFERENT STEELCRAFT
BE 1020.008.646
Oosterzele · Eq €21,942
CORPAL RENOVATIE
BE 0793.186.321
Kortrijk · Eq €21,908
D-Design
BE 0452.850.240
Heusden-Zolder · Eq €21,969
Menuiserie Staquet
BE 0791.284.131
Jemeppe-sur-Sambre · Eq €21,970
Of 20,024 companies in sector 43320 we hold annual accounts for 9,135. 6,289 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-09-2000
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.