E-MPULS
ActiveE-MPULS has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €364k and a net result of €-28k. Equity is shrinking by ~3.6% per year across the filed fiscal years. Its solvency ranks better than 39% of 1633 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
48
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability16▼-1
Solvency55▼-3
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity short (current ratio 0.67 against 0.68 in 2024; short-term debt: 58.1% and cash: 0.4% of total assets), and 69.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-28k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
23 d early
2023
16 d early
2022
19 d early
2021
6 d early
2020
1 d early
2019
1 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€364k▼ 7.1%
2024 · €392k
2018: €70k
2019: €44k
2020: €518k
2021: €441k
2022: €422k
2023: €413k
2024: €392k
2018 → 2025
Total assets
€1.20M▼ 0.4%
2024 · €1.20M
2018: €455k
2019: €325k
2020: €1.55M
2021: €1.25M
2022: €1.23M
2023: €1.23M
2024: €1.20M
2018 → 2025
Net result
€-28k▼ 32.1%
2024 · €-21k
2018: €45k
2019: €-26k
2020: €475k
2021: €-78k
2022: €-19k
2023: €-9k
2024: €-21k
2018 → 2025
Working capital
€-233k▼ 7.5%
2024 · €-217k
2018: €11k
2019: €-15k
2020: €107k
2021: €-224k
2022: €-244k
2023: €-222k
2024: €-217k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€441k-€422k▼ 4.3%€413k▼ 2.2%€392k▼ 5.1%€364k▼ 7.1%
Operating result€-86k-€-26k▲ 70.3%€-52k▼ 105%€-63k▼ 20.4%€-59k▲ 7.1%
Net result€-78k-€-19k▲ 75.9%€-9k▲ 50.8%€-21k▼ 129%€-28k▼ 32.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €59k in 2025 against €63k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.20M
Fixed assets
€735k▼ 2.3%
Current assets
€463k▲ 2.8%
Equity and liabilities €1.20M
Equity
€364k▼ 7.1%
Provisions
€139k▼ 3.9%
Debt
€695k▲ 4.3%
The debt ratio rises from 55.4% to 58.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-24k▲
2024 · €-26k
Cash flow
€7k▼
2024 · €16k
Solvency
30.4%▼
2024 · 32.6%
Current ratio
0.67▼
2024 · 0.68
Quick ratio
0.67▼
2024 · 0.68
Debt / equity
1.91▲
2024 · 1.70
ROE
-7.7%▼
2024 · -5.4%
ROA
-2.3%▼
2024 · -1.8%
Interest coverage
-98.85▲
2024 · -107.32
Debt
€695k▲
2024 · €667k
Debt ≤ 1 year
€695k▲
2024 · €667k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.20M€1.20M▼
Fixed assets21/28€753k€735k▼
Tangible fixed assets22/27€753k€735k▼
Land and buildings22€749k€732k▼
Plant, machinery and equipment23€4k€3k▼
Current assets29/58€450k€463k▲
Amounts receivable within one year40/41€58k€75k▲
Trade receivables40€32k€31k▼
Other amounts receivable41€27k€44k▲
Current investments50/53€365k€382k▲
Cash at bank and in hand54/58€25k€4k▼
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€1.20M€1.20M▼
Equity10/15€392k€364k▼
Contributions10/11€53k€53k=
Reserves13€450k€433k▼
Tax-exempt reserves132€433k€416k▼
Distributable reserves133€17k€17k=
Profit (loss) carried forward14€-112k€-123k▼
Provisions and deferred taxes16€144k€139k▼
Deferred taxes168€144k€139k▼
Amounts payable17/49€667k€695k▲
Amounts payable within one year42/48€667k€695k▲
Trade debts44€3k€2k▼
Suppliers440/4€3k€2k▼
Taxes, remuneration and social security45-€2k
Taxes450/3-€2k
Other amounts payable47/48€664k€691k▲
Income statement
Code20242025
Remuneration, social security and pensions62€-531-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€37k€35k▼
Other operating charges640/8€2k€2k▲
Gross operating margin9900€-24k€-22k▲
Operating profit (loss)9901€-63k€-59k▲
Financial income75/76B€37k€25k▼
Recurring financial income75€37k€25k▼
Financial charges65/66B€240€244▲
Recurring financial charges65€240€244▲
Profit (loss) for the period before taxes9903€-27k€-34k▼
Transfer from deferred taxes780€6k€6k=
Profit (loss) for the period9904€-21k€-28k▼
Transfer from tax-exempt reserves789€17k€17k=
Profit (loss) for the period to be appropriated9905€-4k€-11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-112k€-123k▼
Profit (loss) brought forward from the previous period14P€-107k€-112k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
15-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
12-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €-78k ▼116%
Net result drops to €-78k, the lowest in the series; recovery starts the following year.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €475k
Net result €475k after one loss-making year.
31-12
Financial
Equity above €500kEq €518k ▲1082%
Equity rises from €44k to €518k.
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Hasselt · 1 establishment unit since 2010
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.
Kempische Kaai 653500 HasseltGround area
7,392 m²
Building footprint
1,703 m²
Volume, LiDAR
33,467 m³
Parcel 71327G0279/00Z002, Flanders · tallest building 23.4 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
e-mpuls
since 20102.186.904.788
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71327G0279/00Z002 | Flanders | 7,392 m² | 1 · 1,703 m² | 23.4 m · 6 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.
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HAPPINESS BRUSSELS
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BELLCRO
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Of 9,862 companies in sector 73110 we hold annual accounts for 3,755. 2,409 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-03-2010
Fiscal year end31-12
Activities, NACEBEL
73110Advertising agencies
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.