ACTIVE

PULLI LINE

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Financial year 2025 · closed on 31/12/2025

Net result

24,4 k €

-45.1% YoY

Gross margin

59 k €

-7.5% YoY

Equity

124,4 k €

-44.7% YoY

What does PULLI LINE do?

PULLI LINE is a Private limited company incorporated in 1984. Its registered office is in Gent.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0426.862.950

Incorporation

27/12/1984

Legal form

Private limited company

Registered office

Koestraat 20
9000 Gent · FlandreSee on map

Contributed capital

19 831,48 €

Latest accounts

31/12/2025

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	59 k €	-7.5%	63,8 k €	-17.5%	77,4 k €	-10.8%	86,7 k €	+72.6%	50,3 k €	+270%	13,6 k €	-57.5%	32 k €	-37.1%	50,8 k €	-13.1%	58,5 k €	-39.6%	96,9 k €	-8.3%	105,7 k €	+2.0%	103,7 k €	+13.9%	91 k €	+13.0%	80,5 k €	+8.3%	74,3 k €	-24.7%	98,7 k €	+7.7%	91,6 k €	+106%	44,5 k €	+203%	14,7 k €	+211%	-13,3 k €
EBITDA	51,1 k €	+13.2%	45,1 k €	+17.0%	38,6 k €	-17.0%	46,5 k €	+1150%	3,7 k €	-2.9%	3,8 k €	+117%	-23 k €	+49.0%	-45 k €	+3.7%	-46,7 k €	-349%	18,8 k €	-39.3%	31 k €	+7.3%	28,8 k €	+74.8%	16,5 k €	+4141%	389 €	-97.9%	18,9 k €	-10.5%	21,1 k €	-61.9%	55,5 k €	+28.5%	43,2 k €	+215%	13,7 k €	+184%	-16,3 k €
Operating result	50,3 k €	+14.4%	43,9 k €	+21.8%	36,1 k €	-4.1%	37,6 k €	+431%	-11,4 k €	-1.1%	-11,2 k €	+72.5%	-40,8 k €	+37.9%	-65,7 k €	+2.1%	-67,1 k €	-1802%	3,9 k €	-77.5%	17,5 k €	+91.6%	9,2 k €	+501%	-2,3 k €	+84.0%	-14,2 k €	-4.2%	-13,7 k €	-234%	-4,1 k €	-113%	30,9 k €	-4.9%	32,5 k €	+365%	7 k €	+135%	-19,8 k €
Net result	24,4 k €	-45.1%	44,4 k €	+20.1%	37 k €	+21.8%	30,4 k €	+385%	-10,6 k €	-7.6%	-9,9 k €	+73.7%	-37,5 k €	+39.2%	-61,8 k €	+1.3%	-62,6 k €	-1259%	5,4 k €	-76.3%	22,8 k €	+74.8%	13,1 k €	+23.0%	10,6 k €	+173%	3,9 k €	+435%	-1,2 k €	+77.5%	-5,2 k €	-110%	53,5 k €	+69.9%	31,5 k €	+178%	11,3 k €	+152%	-21,9 k €
Balance sheet
Equity	124,4 k €	-44.7%	224,9 k €	-19.8%	280,5 k €	+18.8%	236,1 k €	+14.8%	205,7 k €	-35.0%	316,4 k €	-3.0%	326,3 k €	-10.3%	363,8 k €	-14.5%	425,6 k €	-12.8%	488,2 k €	+1.1%	482,8 k €	+5.0%	460 k €	+107%	221,9 k €	-51.9%	461,3 k €	+0.9%	457,4 k €	-0.3%	458,6 k €	-1.1%	463,7 k €	+13.0%	410,3 k €	+8.3%	378,8 k €	+3.1%	367,5 k €
Total assets	174,9 k €	-28.8%	245,8 k €	-18.5%	301,8 k €	+13.4%	266,1 k €	+18.8%	224,1 k €	-34.9%	344 k €	-6.7%	368,7 k €	-11.7%	417,7 k €	-13.2%	481 k €	-5.6%	509,3 k €	+0.4%	507,1 k €	+1.2%	500,9 k €	-1.6%	509 k €	-0.7%	512,6 k €	+5.0%	488,3 k €	-0.8%	492,2 k €	-2.1%	503 k €	+16.1%	433,3 k €	+6.3%	407,5 k €	+3.4%	394,2 k €
Cash	70,8 k €	-50.1%	141,8 k €	-25.7%	190,9 k €	+17.6%	162,3 k €	+63.8%	99,1 k €	-37.1%	157,5 k €	+28.2%	122,8 k €	+18.8%	103,4 k €	-29.4%	146,5 k €	-2.7%	150,6 k €	-48.9%	294,8 k €	+24.4%	237,1 k €	-32.1%	349 k €	+8.0%	323,2 k €	+37.2%	235,6 k €	+6.1%	222,1 k €	+200%	74,1 k €	+210%	23,9 k €	-45.8%	44,1 k €	-27.0%	60,3 k €
Debts	50,4 k €	+142%	20,8 k €	-1.8%	21,2 k €	-29.2%	30 k €	+64.1%	18,3 k €	-33.7%	27,6 k €	-34.9%	42,4 k €	-21.3%	53,8 k €	-2.7%	55,3 k €	+162%	21,1 k €	-13.2%	24,3 k €	-40.5%	40,8 k €	-85.8%	287,1 k €	+460%	51,2 k €	+66.2%	30,8 k €	-8.4%	33,7 k €	-14.4%	39,3 k €	+70.8%	23 k €	-20.0%	28,8 k €	+7.6%	26,7 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		1,7 ETP	0.0%	1,7 ETP	0.0%	1,7 ETP	-5.6%	1,8 ETP	-21.7%	2,3 ETP	+9.5%	2,1 ETP	+110%	1,0 ETP	+25.0%	0,8 ETP		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 5 ended

Active mandates

Véronique De Keyzer

Director · since 01 janvier 2009

Active

Linda Hertecant

Director · since 27 décembre 2006

Active

Ended mandates

Linda HERTECANT

Manager

Ended

Linda HERTECANT

Associate

Ended

Patrick DE KEYZER

Manager

Ended

Véronique DE KEYZER

Administrator - manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/07/2026	24/07/2025	22/07/2024	25/07/2023	30/07/2022	28/07/2021
General meeting	15/05/2026	16/05/2025	17/05/2024	19/05/2023	20/05/2022	21/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	15/05/2026	29/07/2026	Dutch	PDF
Micro model	31/12/2024	16/05/2025	24/07/2025	Dutch	PDF
Micro model	31/12/2023	17/05/2024	22/07/2024	Dutch	PDF
Micro model	31/12/2022	19/05/2023	25/07/2023	Dutch	PDF
Micro model	31/12/2021	20/05/2022	30/07/2022	Dutch	PDF
Micro model	31/12/2020	21/05/2021	28/07/2021	Dutch	PDF
Micro model	31/12/2019	15/05/2020	20/07/2020	Dutch	PDF
Micro model	31/12/2018	17/05/2019	29/07/2019	Dutch	PDF
Micro model	31/12/2017	18/05/2018	09/07/2018	Dutch	PDF
Micro model	31/12/2016	19/05/2017	24/07/2017	Dutch	PDF
Abridged model	31/12/2015	20/05/2016	31/07/2016	Dutch	PDF
Abridged model	31/12/2014	15/05/2015	30/07/2015	Dutch	PDF
Abridged model	31/12/2013	16/05/2014	22/07/2014	Dutch	PDF
Abridged model	31/12/2012	17/05/2013	29/07/2013	Dutch	PDF
Abridged model	31/12/2011	18/05/2012	28/07/2012	Dutch	PDF
Abridged model	31/12/2010	20/05/2011	25/07/2011	Dutch	PDF
Abridged model	31/12/2009	21/05/2010	22/07/2010	Dutch	PDF
Abridged model	31/12/2008	15/05/2009	31/07/2009	Dutch	PDF
Abridged model	31/12/2007	16/05/2008	07/07/2008	Dutch	PDF
Abridged model	31/12/2006	18/05/2007	11/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 5 ended

Active mandates

Véronique De Keyzer

Director · since 01 janvier 2009

Active

Linda Hertecant

Director · since 27 décembre 2006

Active

Ended mandates

Linda HERTECANT

Manager

Ended

Linda HERTECANT

Associate

Ended

Patrick DE KEYZER

Manager

Ended

Véronique DE KEYZER

Administrator - manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates30/05/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Registered office20/02/2020
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares13/02/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates05/03/2009
ONTSLAGEN - BENOEMINGEN
PDF
Registered office21/01/2008
MAATSCHAPPELIJKE ZETEL
PDF
Mandates26/06/2007
BENAMING - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates15/01/2007
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 202524,4 k €↓
2024
Annual accounts 202444,4 k €↑
2023
Annual accounts 202337 k €↑
2022
Annual accounts 202230,4 k €↑
2021
Annual accounts 2021-10,6 k €↓
2020
Annual accounts 2020-9,9 k €↑
2019
Annual accounts 2019-37,5 k €↑
2018
Annual accounts 2018-61,8 k €↑
2017
Annual accounts 2017-62,6 k €↓
2016
Annual accounts 20165,4 k €↓
2015
Annual accounts 201522,8 k €↑
2014
Annual accounts 201413,1 k €↑
2013
Annual accounts 201310,6 k €↑
2012
Annual accounts 20123,9 k €↑
2011
Annual accounts 2011-1,2 k €↑
2010
Annual accounts 2010-5,2 k €↓
2009
Annual accounts 200953,5 k €↑
2008
Annual accounts 200831,5 k €↑
2007
Annual accounts 200711,3 k €↑
2006
Annual accounts 2006-21,9 k €
27/12/1984
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

PULLI LINE

Overview

What does PULLI LINE do?

Trend over 20 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline