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PHARMAPULSE

Active
General partnershipfounded 20242 yrs activeRue de la Bachée 86, 1380 Lasne, BelgiumKBO/BCE: BE 1008.309.951
Summary

PHARMAPULSE has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-2k) and a net result of €-6k. Its solvency ranks better than 14% of 787 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2025
44 / 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability32▼-25
Solvency24▼-11
Growth32
Track record82
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.99 against 1.11 in 2024; short-term debt: 100.8% and cash: 19.5% of total assets), and equity is negative.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
-0.8%
Return on assets
-2.3%
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 78
Relative position
BE, all sectors
reference
Sector 78
lower
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
2425
2024 to 2025 · latest year €-2k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-08-2026, 22 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filings
Deviation from the deadline
2025
22 d late
2024
82 d late
← before the deadline after the deadline →
Checked, nothing found (2)
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 months
Position in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€-2k
2024 · €4k
2024: €4k
2024 → 2025
Total assets
€282k▲ 593%
2024 · €41k
2024: €41k
2024 → 2025
Net result
€-6k
2024 · €3k
2024: €3k
2024 → 2025
Working capital
€-2k
2024 · €4k
2024: €4k
2024 → 2025
Multi-year overview
Available amounts per fiscal year
Line20242025Trend
Equity€4k-€-2k
Operating result€4k-€-2k
Net result€3k-€-6k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-10k€-5k€0€5kOperating result 2024: €4k€4kNet result 2024: €3k€3kOperating result 2025: €-2k€-2kNet result 2025: €-6k€-6k20242025€-10k€-5k€0€5kOperating result 2024: €4k€4.1kNet result 2024: €3k€3.1kOperating result 2025: €-2k€-2.4kNet result 2025: €-6k€-6.5k20242025
The operating result turns negative in 2025: a loss of €2k after €4k in 2024.
Key figures and ratios
2025 value · change against 2024
Solvency
-0.8%
2024 · 10.1%
Current ratio
0.99
2024 · 1.11
ROA
-2.3%
2024 · 7.7%
Debt
€285k
2024 · €37k
Debt ≤ 1 year
€285k
2024 · €37k
Income taxes
€4k
2024 · €944
Staff costs
€892k
2024 · €45k
A ratio outside any meaningful range has been withheld (balance sheet total €282k, equity €-2k).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 33 lines
Balance sheet Code20242025
Assets
Total assets20/58€41k€282k
Current assets29/58€41k€282k
Amounts receivable within one year40/41€31k€227k
Trade receivables40€30k€191k
Other amounts receivable41€1k€36k
Cash at bank and in hand54/58€9k€55k
Deferred charges and accrued income490/1€770€0
Equity and liabilities
Total equity and liabilities10/49€41k€282k
Equity10/15€4k€-2k
Contributions10/11€1k€1k=
Profit (loss) carried forward14€3k€-3k
Amounts payable17/49€37k€285k
Amounts payable within one year42/48€37k€285k
Trade debts44€8k€24k
Suppliers440/4€8k€24k
Taxes, remuneration and social security45€23k€261k
Taxes450/3€9k€89k
Remuneration and social security454/9€14k€172k
Other amounts payable47/48€5k€0
Income statement Code20242025
Remuneration, social security and pensions62€45k€892k
Other operating charges640/8€387€651
Gross operating margin9900€49k€890k
Operating profit (loss)9901€4k€-2k
Financial income75/76B-€828
Recurring financial income75-€828
Financial charges65/66B€56€405
Recurring financial charges65€56€405
Profit (loss) for the period before taxes9903€4k€-2k
Income taxes67/77€944€4k
Profit (loss) for the period9904€3k€-6k
Profit (loss) for the period to be appropriated9905€3k€-6k
Appropriation of the result
Profit (loss) to be appropriated9906€3k€-3k
Profit (loss) brought forward from the previous period14P-€3k

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
22-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 22 days late
2025
21-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 82 days late
NBB filing

Directors · office · real estate

Directors
3 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, Lasne · 1 establishment unit since 2024
establishment The establishment unit on the map
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.

Rue de la Bachée 861380 Lasne
Ground area
2,878 m²
Building footprint
341 m²
Volume, LiDAR
230 m³
2 parcels, Wallonia · tallest building 6.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Rue des Lilas 1, 1470 Genappe
Employment activities
since 20242.360.053.055
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25087C0102/00R000 Wallonia 2,122 m² 1 · 109 m² 6.7 m · 1 fl.
25113C0175/02E000 Wallonia 756 m² 1 · 232 m² -
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 1,014 companies in sector 78200 we hold annual accounts for 645. 155 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formGeneral partnership
Founded11-04-2024
Fiscal year end31-12
Activities, NACEBEL 2025
78200Temporary employment agencies and other provision of personnel
82100Office administrative and support services
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.