Equity
Impulse Now paid out €40,588 in dividends. That is 34% of the 2025 profit.
Impulse Now paid out €40,588 in dividends. That is 34% of the 2025 profit.
The result rose in 2025 from €41,221 to €118,884.
Higher net result than 95% of companies in computer programming and consultancy. Sector median €28,568 · 21,214 companies.
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 62, micro). It does better than 60% of them on solvency, 70% on liquidity, 82% on profitability and 88% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
In July 2024, 34,693 companies had the same profile as Impulse Now has now. Each dot stands for 87 companies, two years later.
That fits the bankruptcy probability of Impulse Now itself: < 0.1% within 12 months.
The method was tested on the 497,447 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 34,693 companies, not a prediction for Impulse Now. 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.
Liquidity is ample, with a current ratio of 2.94 (2.19 in 2024), above the usual 1.5. Short-term debt is 32.8% and cash 62.7% of total assets. 32.8% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 3 accounts on average 50 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| Impulse Now Liège | €244,596 | €167,338 | 67.2% | - |
| Sidéma Plombières | €228,345 | €180,262 | -16.2% | - |
| JK CONSULTANCY SERVICES Nijlen | €241,768 | €187,973 | 9.1% | - |
| DOUFACTORY Ganshoren | €251,467 | €160,045 | 22.9% | - |
| ValcoSoft Westerlo | €235,117 | €155,761 | 59.0% | - |
| KYA KA Anderlecht | €228,012 | €171,203 | 68.1% | - |
| SYLHO GROUP Uccle | €232,987 | €189,647 | -66.8% | - |
These companies have the same main activity as Impulse Now: computer programming (NACE 62100). They are comparable in size and age: total assets between €228,000 and €251,000, founded between 2015 and 2017.
Impulse Now files the micro format. That format states no turnover. The gross margin rose from €15,686 in 2023 to €167,338 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €240,000. Estimated: probably between €210,000 and €350,000.
Higher than 58% of 21,208 companies in 2025.
Higher than 57% of 20,571 companies in 2025.
Higher than 84% of 20,746 companies in 2025.
Net result: top quarter · Equity: top quarter · Balance sheet total: middle half · Working capital: top quarter
| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
244,596 | 150,043 | 124,129 | |
21/28 |
8,542 | 9,950 | 4,115 | |
22/27 |
8,542 | 9,950 | 4,115 | |
24 |
8,542 | 9,950 | 4,115 | |
29/58 |
236,053 | 140,093 | 120,015 | |
40/41 |
82,615 | 30,288 | 32,863 | |
40 |
81,556 | 30,288 | 20,103 | |
41 |
1,059 | - | 12,760 | |
54/58 |
153,439 | 109,806 | 75,932 | |
490/1 |
- | - | 11,220 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
244,596 | 150,043 | 124,129 | |
10/15 |
164,370 | 86,075 | 76,619 | |
10/11 |
300 | 300 | 300 | |
13 |
90,000 | 83,308 | 63,308 | |
133 |
90,000 | 83,308 | 63,308 | |
14 |
74,070 | 2,466 | 13,010 | |
17/49 |
80,225 | 63,969 | 47,510 | |
42/48 |
80,225 | 63,969 | 47,510 | |
43 |
- | - | 1,311 | |
430/8 |
- | - | 1,311 | |
44 |
6,605 | 1,987 | 1,868 | |
440/4 |
6,605 | 1,987 | 1,868 | |
45 |
36,814 | 27,925 | 13,490 | |
450/3 |
30,819 | 21,930 | 7,923 | |
454/9 |
5,995 | 5,995 | 5,567 | |
47/48 |
36,806 | 34,057 | 30,841 | |
| Income statement | ||||
9900 |
167,338 | 62,927 | 15,686 | |
630 |
4,355 | 4,825 | 3,316 | |
640/8 |
5,263 | 220 | 1,744 | |
9901 |
157,720 | 57,883 | 10,626 | |
75/76B |
24 | 1 | - | |
75 |
24 | 1 | - | |
65/66B |
2,047 | 2,432 | 2,064 | |
65 |
2,047 | 2,432 | 2,064 | |
9903 |
155,696 | 55,452 | 8,562 | |
67/77 |
36,812 | 14,231 | 2,946 | |
9904 |
118,884 | 41,221 | 5,616 | |
9905 |
118,884 | 41,221 | 5,616 | |
| Appropriation of the result | ||||
9906 |
121,350 | 54,231 | 15,410 | |
14P |
2,466 | 13,010 | 9,794 | |
691/2 |
6,692 | 20,000 | - | |
6921 |
6,692 | 20,000 | - | |
694/7 |
40,588 | 31,765 | 2,400 | |
694 |
40,588 | 31,765 | 2,400 | |
| Document | ||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 11-12-2025.
| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 162,075 | 62,707 | 13,942 | ||
| 123,239 | 46,045 | 8,932 | ||
| 2,948 | 10,660 | - | ||
| 43,633 | 33,874 | - | ||
| 155,828 | 76,125 | 72,504 | ||
| 67.2% | 57.4% | 61.7% | ||
| 2.94 | 2.19 | 2.53 | ||
| 0.49 | 0.74 | 0.62 | ||
| 72.3% | 47.9% | 7.3% | ||
| 48.6% | 27.5% | 4.5% | ||
| 79.17 | 25.78 | 6.75 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 30-06-2025 | 30-06-2024 | 30-06-2023 |
|---|---|---|---|
| Tangible fixed assets | €2,948 | €10,660 | - |
| €4,355 | €4,825 | €3,316 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 172% higher than in 2024 and the highest since 2023. It is the second rise in a row.
Debt's share of the balance-sheet total falls from 42.6% to 32.8%. Equity and debt are higher.
Impulse Now has no parent and no holdings in its annual accounts. Impulse Now shares no director with another company.
| Rahier, Luc-Olivier (sole trader)
establishment since 27-10-2014 |
founded in 2014 0564.927.406 |
Deadline for the 2026 accounts: 31-01-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Rue Destriveaux 29 registered office 4000 Liège 18130 Pre-press and pre-media services | 29-08-2016 | 2.256.786.261 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 62803D0086/00A004 | 102 m² | 1 · 47 m² | 12.0 m · 4 |
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