ACTIVE

PUPPY

Financial year 2025 · closed on 31/12/2025
Net result
-609,8 k €
+47.3% YoY
Gross margin
-72,3 k €
+83.3% YoY
Equity
67,6 k €
-90.0% YoY
Workforce
8,3 ETP
-19.4% YoY

What does PUPPY do?

PUPPY is a Public limited company incorporated in 1985. Its main activity is: Wholesale of other household goods. Its registered office is in Wavre. It employs on average 8,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0427.769.505
Incorporation
30/09/1985
Legal form
Public limited company
Registered office
Avenue Nobel 1
1300 Wavre · WallonieSee on map
Contributed capital
415 620,15 €
Latest accounts
31/12/2025
Average workforce
8,3 ETP
Joint committees (3)
  • 100
  • 200
  • 218
Signals
Healthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202120202019201820172016201420132012201120102009200820072006
Income statement
Gross margin-72,3 k €-432 k €214 k €487,6 k €531,1 k €920,9 k €875,9 k €934 k €814,9 k €538 k €418,8 k €602,8 k €478,2 k €331,9 k €1,1 M €546,6 k €611,5 k €986,3 k €843,7 k €750,5 k €
EBITDA-510,8 k €-1 M €-339,2 k €28,3 k €142,6 k €405,5 k €179,1 k €362,6 k €191,3 k €-18,7 k €-253,4 k €57,9 k €21,5 k €-197,5 k €616,2 k €192,2 k €317,6 k €721,2 k €645,1 k €575,3 k €
Operating result-559,9 k €-1,1 M €-396,1 k €-22,3 k €91,7 k €272,2 k €193,8 k €174,5 k €123 k €-91,4 k €-335,9 k €15,1 k €-102,2 k €-287,7 k €530 k €106,4 k €343,4 k €540,6 k €641,6 k €532 k €
Net result-609,8 k €-1,2 M €-734,4 k €26,2 k €78,2 k €284,6 k €242,8 k €196,8 k €104,8 k €-109,9 k €-394,9 k €-25 k €-114,7 k €-304,7 k €347,7 k €75,4 k €245,8 k €413,4 k €462,4 k €364,6 k €
Balance sheet
Equity67,6 k €677,4 k €1,8 M €2,6 M €2,6 M €3 M €2,8 M €2,5 M €2,3 M €2,2 M €2,3 M €2,7 M €2,8 M €2,9 M €3,2 M €2,8 M €2,8 M €2,5 M €2,1 M €1,6 M €
Total assets1,6 M €1,9 M €3,1 M €3,7 M €3,7 M €4,1 M €4 M €3,1 M €3,1 M €3,7 M €3,5 M €3,9 M €4,3 M €3,8 M €4,2 M €3,7 M €3,4 M €3,4 M €2,5 M €2,1 M €
Cash152,7 k €169,4 k €150,7 k €491,8 k €930,2 k €575,3 k €285,2 k €467,1 k €414,4 k €629,8 k €303,6 k €382,7 k €718,3 k €775,8 k €504,5 k €538 k €773,3 k €594,9 k €980,6 k €1,1 M €
Debts1,6 M €1,2 M €1,3 M €1,2 M €1,2 M €1,1 M €1,2 M €517,2 k €774,5 k €1,5 M €1,2 M €1,2 M €1,5 M €905,3 k €987,2 k €851,2 k €655,3 k €903,5 k €438,6 k €493,6 k €
Other
Workforce8,3 ETP10,3 ETP11,0 ETP9,8 ETP10,9 ETP12,2 ETP15,3 ETP12,3 ETP11,4 ETP10,4 ETP9,6 ETP8,0 ETP8,7 ETP9,7 ETP8,5 ETP6,7 ETP6,8 ETP5,1 ETP3,7 ETP2,6 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 15 ended

Active mandates

Nicolas TYTGAT

Director · since 01 janvier 2023 · until 16 novembre 2027

Active
Véronique CULLIFORD

Managing director · since 16 novembre 2021 · until 16 novembre 2027

Active

Ended mandates

Pierre LABARRE

Director · since 16 novembre 2021 · until 31 décembre 2022

Ended
Pierre LABARRE

Director · since 16 novembre 2021 · until 16 novembre 2027

Ended
Pierre LABARRE

Director · since 29 juin 2018 · until 30 juin 2024

Ended
Véronique CULLIFORD

Managing director · since 29 juin 2018 · until 30 juin 2024

Ended
Annual accounts

Full financial information

202520242023202220212021
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/03/202101/03/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202128/02/2021
Length of the financial year12 months12 months12 months12 months10 months12 months
Filing date09/06/202619/06/202519/07/202414/07/202324/06/202219/08/2021
General meeting19/05/202620/05/202528/06/202430/06/202321/06/202202/08/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202519/05/202609/06/2026FrenchPDF
Abridged model31/12/202420/05/202519/06/2025FrenchPDF
Abridged model31/12/202328/06/202419/07/2024FrenchPDF
Abridged model31/12/202230/06/202314/07/2023FrenchPDF
Abridged model31/12/202121/06/202224/06/2022FrenchPDF
Abridged model28/02/202102/08/202119/08/2021FrenchPDF
Abridged model29/02/202030/10/202010/11/2020FrenchPDF
Abridged model28/02/201905/08/201908/10/2019FrenchPDF
Abridged model28/02/201806/08/201805/09/2018FrenchPDF
Abridged model28/02/201707/08/201701/09/2017FrenchPDF
Abridged model29/02/201601/08/201629/08/2016FrenchPDF
Abridged model31/12/201419/05/201529/05/2015FrenchPDF
Abridged model31/12/201326/06/201423/07/2014FrenchPDF
Abridged model31/12/201225/06/201315/07/2013FrenchPDF
Abridged model31/12/201130/06/201226/07/2012FrenchPDF
Abridged model31/12/201030/06/201129/07/2011FrenchPDF
Abridged model31/12/200930/06/201022/07/2010FrenchPDF
Abridged model31/12/200830/06/200920/07/2009FrenchPDF
Abridged model31/12/200720/05/200825/07/2008FrenchPDF
Abridged model31/12/200615/05/200713/06/2007FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 · 15 ended

Active mandates

Nicolas TYTGAT

Director · since 01 janvier 2023 · until 16 novembre 2027

Active
Véronique CULLIFORD

Managing director · since 16 novembre 2021 · until 16 novembre 2027

Active

Ended mandates

Pierre LABARRE

Director · since 16 novembre 2021 · until 31 décembre 2022

Ended
Pierre LABARRE

Director · since 16 novembre 2021 · until 16 novembre 2027

Ended
Pierre LABARRE

Director · since 29 juin 2018 · until 30 juin 2024

Ended
Véronique CULLIFORD

Managing director · since 29 juin 2018 · until 30 juin 2024

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Capital / shares01/06/2026
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - CAPITAL, ACTIONS
    PDF
  • Restructuring23/05/2024
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Restructuring22/12/2023
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Mandates09/03/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Restructuring14/12/2021
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Restructuring20/08/2021
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Mandates18/10/2018
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares21/04/2016
    CAPITAL, ACTIONS - ANNEE COMPTABLE
    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

Timeline

  1. 2025
    Annual accounts 2025-609,8 k €
  2. 2024
    Annual accounts 2024-1,2 M €
  3. 2023
    Annual accounts 2023-734,4 k €
  4. 2022
    Annual accounts 202226,2 k €
  5. 2021
    Annual accounts 202178,2 k €
  6. 2021
    Annual accounts 2021284,6 k €
  7. 2020
    Annual accounts 2020242,8 k €
  8. 2019
    Annual accounts 2019196,8 k €
  9. 2018
    Annual accounts 2018104,8 k €
  10. 2017
    Annual accounts 2017-109,9 k €
  11. 2016
    Annual accounts 2016-394,9 k €
  12. 2014
    Annual accounts 2014-25 k €
  13. 2013
    Annual accounts 2013-114,7 k €
  14. 2012
    Annual accounts 2012-304,7 k €
  15. 2011
    Annual accounts 2011347,7 k €
  16. 2010
    Annual accounts 201075,4 k €
  17. 2009
    Annual accounts 2009245,8 k €
  18. 2008
    Annual accounts 2008413,4 k €
  19. 2007
    Annual accounts 2007462,4 k €
  20. 2006
    Annual accounts 2006364,6 k €
  21. 30/09/1985
    IncorporationPublic limited company