Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
PUPPY EXPLOITATION from Rixensart, company number BE0780668371, closed financial year 2025 with a result of € -2,296 after tax. For that financial year PUPPY EXPLOITATION recorded a gross margin of € -1,284 and equity of € 306,088. Compared with financial year 2024, the result moved from € -2,558 to € -2,296. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 8, 2026.
€ 306,088
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2,296
▲ 10 % less loss than in 2024
Profit after tax over the fiscal year.
€ 5,771
▼ 29% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 244,588.
Debts at end 2025
€ 76
▲ 2% vs 2024
Loans from banks and other lenders, long and short.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -7,784 | € -3,150 | € -1,562 | € -1,284 | ▲ € 278 |
| Profit after taxes | € 14,230 | € -3,681 | € -2,558 | € -2,296 | ▲ € 262 |
| Equity | € 314,623 | € 310,942 | € 308,384 | € 306,088 | ▼ 1% |
| Total debts | € 2,710 | € 210,815 | € 210,775 | € 210,664 | |
| Cash | € 16,940 | € 10,776 | € 8,178 | € 5,771 | ▼ 29% |
| Retained profit | € 253,123 | € 249,442 | € 246,884 | € 244,588 | ▼ 1% |
| Bank debt | € 28 | € 33 | € 75 | € 76 | ▲ 2% |
| Balance sheet total | € 317,333 | € 521,757 | € 519,159 | € 516,752 |
Key figures of PUPPY EXPLOITATION, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to PUPPY EXPLOITATION?
What happened at PUPPY EXPLOITATION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Nicolas TYTGAT stepped down as director. NBB
- Nina GUERIN stepped down as director. NBB
- Véronique CULLIFORD stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 2,296. Source: NBB ↗
- Nina GUERIN became a director. NBB
- New establishment in Rixensart. KBO
- Start of the company according to the CBE. KBO
- Nicolas TYTGAT became a director. NBB
In short
From € 14,230 profit in 2022 to € 2,296 loss in 2025.
Best year ever: 2022, with € 14,230 profit.
Management
It owns 100% of PUPPY itself.
Directors
According to the 2025 annual accounts
Nicolas TYTGAT
Director
Also active at: PUPPY, Manya, COGETRA, PUPPY IMMO, IMPS IMMO, NTCS, G-ACCESS
since 2021 · until 2027
Véronique CULLIFORD
Managing director
Also active at: INTERNATIONAL MERCHANDISING, PROMOTION AND SERVICES, PUPPY, Manya, COGETRA, PEYO PRODUCTIONS, PUPPY IMMO, IMPS IMMO, LAFIG BELGIUM +1 more
since 2021 · until 2027
Establishments
Establishment units
Physical locations of this company
Rue du Cerf 85
1332 Rixensart
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →INTERNATIONAL MERCHANDISING, PROMOTION AND SERVICES same network
€ 19.6 million revenue · 2025
Manya same network
€ 139,498 gross margin · 2025
Schtroumphons la Terre - Smurf de Aarde - Smurf the World
PEYO PRODUCTIONS same network
€ 2.1 million gross margin · 2025
PUPPY IMMO same network
€ 76,120 gross margin · 2025
+4 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0780.668.371
- VAT number
- BE 0780.668.371
- Registered office
- Rue du Cerf 85, 1332 Rixensart
- Names & denominations
- PUPPY EXPLOITATION
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 January 2022
- Peppol
- Active · Active since 3 Feb 2025