Human Pulse
ActiveSummary
The annual accounts of Human Pulse for financial year 2025 show a net loss of 130% of total assets and of 86% of the equity at the start of that year. The 2025 annual accounts show equity of €4,689 and a net result of -€27,885. Its solvency ranks better than 24% of 39,272 sector peers (NACE 70, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 22-03-2024 Normal situation
- Activity
- Business and other management consultancy NACE 70200and 2 others
- Establishment unit
- 2.358.415.636 9040 Gent, since 22-03-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 29-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- -€26,924
- Loss
- €27,885
- Equity
- €4,689
- ▼ 85.6%
- Total assets
- €21,382
- ▼ 51.8%
- 2025 accounts filed 14 days after the deadline
Score breakdownraises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLoss of €27,885 (financial year 2025)lowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Size: total assets €21,382Liquidity: current ratio 1.30, cash €15,654, halvedShow the evidence
Checked score
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro). It does better than 25% of them on solvency, 49% on liquidity, 4% on profitability and 6% on growth.
The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 2 accounts on average 4 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 14 days after the deadline Filed on 14 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00407882.
Annual accounts 2025 filed on 14-08-2026 at the NBB all 2 filings
Every figure per financial year
The operating result for 2025 is a loss of €27,808, after a profit of €37,418 in 2024.
Turnover and EBIT margin are not published. The micro format does not require them.
Subsidies and aid
Flemish government
2024 · 1 entry · €1,050 awarded · €1,050 paid| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,441 | €0 | ▼ 100% |
| Other operating charges640/8 | €942 | €884 | ▼ 6.1% |
| Gross operating margin9900 | €39,801 | -€26,924 | - |
| Operating profit (loss)9901 | €37,418 | -€27,808 | - |
| Financial income75/76B | - | €179 | - |
| Recurring financial income75 | - | €179 | - |
| Financial charges65/66B | €38 | €255 | ▲ 573% |
| Recurring financial charges65 | €38 | €255 | ▲ 573% |
| Profit (loss) for the period before taxes9903 | €37,380 | -€27,885 | - |
| Income taxes67/77 | €7,806 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | €29,574 | -€27,885 | - |
| Profit (loss) for the period to be appropriated9905 | €29,574 | -€27,885 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €44,327 | €21,382 | ▼ 51.8% |
| Current assets29/58 | €44,327 | €21,382 | ▼ 51.8% |
| Stocks and contracts in progress3 | - | €385 | - |
| Stocks30/36 | - | €385 | - |
| Amounts receivable within one year40/41 | - | €5,343 | - |
| Trade receivables40 | - | €5,292 | - |
| Other amounts receivable41 | - | €51 | - |
| Cash at bank and in hand54/58 | €43,423 | €15,654 | ▼ 64.0% |
| Deferred charges and accrued income490/1 | €905 | €0 | ▼ 100% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €44,327 | €21,382 | ▼ 51.8% |
| Equity10/15 | €32,574 | €4,689 | ▼ 85.6% |
| Contributions10/11 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | €29,574 | €1,689 | ▼ 94.3% |
| Amounts payable17/49 | €11,753 | €16,692 | ▲ 42.0% |
| Amounts payable within one year42/48 | €11,753 | €16,484 | ▲ 40.3% |
| Trade debts44 | €1,459 | €1,068 | ▼ 26.8% |
| Suppliers440/4 | €1,459 | €1,068 | ▼ 26.8% |
| Taxes, remuneration and social security45 | €10,117 | €9,701 | ▼ 4.1% |
| Taxes450/3 | €10,117 | €9,701 | ▼ 4.1% |
| Other amounts payable47/48 | €177 | €5,715 | ▲ 32× |
| Accrued charges and deferred income492/3 | - | €209 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €29,574 | -€27,885 | - |
| + Depreciation and write-downs630 | €1,441 | €0 | ▼ 100% |
| Operating cash flow (approximation) | €31,015 | -€27,885 | - |
| Change in cash | - | -€27,769 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 1,207 companies had the same profile as Human Pulse has now. Two years later, 90.1% were still going and 4.6% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 10 to 30%
- a loss of 10% of the balance sheet or more
Another 0.7% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Human Pulse itself is lower: 0.1% within 12 months. It rests on far more data about Human Pulse than the profile alone.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,207 companies, not a prediction for Human Pulse. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Board & ownership
Directors
Owners and capital
Shareholders
- VAN dEN DRIESSCHE Lien Lies Joke sole founder · 100% at incorporation
Capital transactions
- 26-03-2024 Incorporation · €3,000 · 100 shares
Articles of association
Board and representation
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Geheel bevoegdheden aan hem toegekend met mogelijkheid deel te delegeren, iedere bestuurder alleen optredend mag alle handelingen stellen…”
Capital, shares and profit
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- “100, gelijk recht in winstverdeling en vereffeningsaldo”
Audit, dissolution and liquidation
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Articles of association, deed of 26-03-2024 (in Dutch)
Network & group
Human Pulse shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of Human Pulse. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
26-03
Gazette deed
IncorporationStarting capital €3,000 · Appointment: VAN dEN DRIESSCHE Lien Lies Joke (director) · Founder8 points ▸
- Founder, VAN dEN DRIESSCHE Lien Lies Joke
- Incorporation, “Human Pulse” (deed in Dutch)
- Founding capital, €3,000
- Other provision, “bevestiging deponering en bewaring bewijs, dossier van de vennootschap” (deed in Dutch)
- Other provision, “overeenkomstig de wet, SLOT-EN(OF)OVERGANGSBEPALINGEN” (deed in Dutch)
- Registered office clause, “9040 Gent,Beelbroekstraat 126” (deed in Dutch)
- Director appointment, VAN dEN DRIESSCHE Lien Lies Joke (director (not named in the articles))
- Pre-incorporation commitments, “takeover, alle verbintenissen en verplichtingen die eruit voortvloeien en alle activiteiten ondernomen in naam en voor rekening van de vennootschap in oprichtin…” (deed in Dutch)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
On 22 March 2024, Human Pulse was incorporated as a private limited company by one natural person, with a starting capital of €3,000.12 VAN dEN DRIESSCHE Lien Lies Joke is director of the company, appointed in the act of 26-03-2024.2 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
12 activities
- Adviesverlening en bijhorende dienstverlening inzake welzijn en bedrijfsorganisatie dit zowel ten behoeve van ondernemingen en organisaties als van particulieren
- Opleiding en begeleiding van management en personeel onder meer door het organiseren van workshops en het afnemen van enquêtes
- Het in dat kader faciliteren van werkgroepen binnen een organisatie of onderneming
- Het organiseren van seminaries,cursussen en andere evenementen
- Het schrijven van boeken en alle aanverwante activiteiten van auteurs
- Advies- en/of dienstverlening aan bedrijven,privépersonen en instellingen in de ruimste zin van het woord,voornamelijk doch niet uitsluitend op het vlak van,management,marketing,productie en ontwikkeling,processing en het besturen van vennootschappen,dit alles in de meest ruime betekenis
- Het geven van advies inzake de organisatie en het beheer van ondernemingen
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen; alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten,zoals de aan- en verkoop,de bouw,de verbouwing,de binnenhuisinrichting en decoratie,de huur en verhuur,de ruil,de verkaveling,en in het algemeen,alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het beheer of op het productief maken,van onroerende goederen of onroerende zakelijke rechten,met inbegrip van het geheel of gedeeltelijk ter beschikking stellen,al dan niet tegen betaling,van een onroerend goed aan haar bestuurders,bedrijfsleiders en werknemers in het kader van een verloningspolitiek
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een roerend vermogen
- Het beleggen,het intekenen op,vast overnemen,plaatsen,kopen,verkopen en verhandelen van aandelen,deelbewijzen,obligaties,inschrijvingsrechten,certificaten,schuldvorderingen,gelden en andere roerende waarden,uitgegeven door Belgische of buitenlandse ondernemingen al dan niet onder de vorm van vennootschappen,administratiekantoren,instellingen en verenigingen al dan niet met een (semi-)publiekrechtelijk statuut
- Het beheren van beleggingen en van participaties in dochtervennootschappen,het waarnemen van bestuurdersfuncties,directie,controle of vereffening,het verlenen van advies,management en andere diensten. Deze diensten kunnen worden geleverd krachtens contractuele of statutaire benoemingen en in de hoedanigheid van externe raadgever of orgaan
- Het verstrekken van leningen en voorschotten onder eender welke vorm of duur,aan al dan niet verbonden ondernemingen,alsmede het waarborgen van verbintenissen van derden
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 44432C0005/00C000 | Flanders | 1,256 m² | 1 · 185 m² | 8.3 m · 1 |