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Pulsa Studio by HCLO3

Active
Private limited companyfounded 2015active for 11 yearsSentier-Betoin, Meux 1, 5081 La Bruyère, BelgiumKBO/BCE: BE 0630.788.822

From the official registers: KBO 11 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of Pulsa Studio by HCLO3 is 2.3% (moderate). The 2025 annual accounts show negative equity (-€94,256) and a net result of -€10,728. Equity is shrinking by about 8.2% per year across the filed financial years. Its solvency ranks better than 5% of 2,295 sector peers (NACE 63, financial year 2025). The company has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

KBO
Status
Active since 22-05-2015 Normal situation
Legal form
Private limited company
Registered office
Sentier-Betoin, Meux 1, 5081 La Bruyère
Activity
Web portal activities NACE 63910and 5 others
Establishment units
3 establishment units
Financial year end
31 December
Peppol
Reachable since 21-08-2025

Who decides

Board
  • HAYEN Jean-MichelDirector · since 21-05-2015
  • Lempereur PascalDirector · since 21-05-2015

How it is doing

50 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.3%
Annual accounts 2025
Gross margin
-€8,512
Loss
€10,728
▲ 168%
Equity
-€94,256
▼ 12.8%
Total assets
€14,404
▲ 34.5%
Turnover not published (micro format)2025 accounts filed 70 days late
Filed on 09-10-2026at the National Bank
Why 50raises riskLast filed accounts filed 70 days late; 3 of the last 3 lateLoss of €10,728, the second in a row (financial year 2025)Negative equity -€94,256lowers riskSize: total assets €14,404Show the evidence

Checked score

Score 2025
50 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 12% of its sector peers (NACE 63, micro)
Financial strength · tick = 2024
Weak
Solvency 0=
equity -654.4% of total assets
Liquidity 13-21
short-term debt 754.4% · cash 10.7%
Profitability 0=
return on assets -74.5%
Bankruptcy probability, 12 months
2.3% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (2,946 companies, NACE 63, micro)
Last 24 months 11-2024: 6.7%highest value 12-2024: 2.1%▼ -4.6 percentage points vs 11-2024 01-2025: 2.0%▼ -0.1 percentage points vs 12-2024 02-2025: 2.0%● unchanged vs 01-2025 03-2025: 2.1%▲ +0.1 percentage points vs 02-2025 04-2025: 2.1%● unchanged vs 03-2025 05-2025: 2.1%● unchanged vs 04-2025 06-2025: 2.0%▼ -0.1 percentage points vs 05-2025 07-2025: 2.0%● unchanged vs 06-2025 08-2025: 2.2%▲ +0.2 percentage points vs 07-2025 09-2025: 2.4%▲ +0.2 percentage points vs 08-2025 10-2025: 3.1%▲ +0.7 percentage points vs 09-2025 11-2025: 1.3%▼ -1.8 percentage points vs 10-2025 12-2025: 1.3%● unchanged vs 11-2025 01-2026: 1.3%● unchanged vs 12-2025lowest value 02-2026: 1.3%● unchanged vs 01-2026lowest value 03-2026: 1.3%● unchanged vs 02-2026 04-2026: 1.4%▲ +0.1 percentage points vs 03-2026 05-2026: 1.4%● unchanged vs 04-2026 06-2026: 1.3%▼ -0.1 percentage points vs 05-2026 07-2026: 1.4%▲ +0.1 percentage points vs 06-2026 08-2026: 1.5%▲ +0.1 percentage points vs 07-2026 09-2026: 1.5%● unchanged vs 08-2026 10-2026: 2.3%▲ +0.8 percentage points vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.13, compared with 0.11 in 2024, below 1; short-term debt: 754.4% and cash: 10.7% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 63, micro): better than 5% on solvency, 7% on liquidity, 7% on profitability and 28% on growth.

The bankruptcy probability was computed on 31-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises risk
raises risk · Last filed accounts filed 70 days late; 3 of the last 3 late
NBB · filings
lowers risk · Size: total assets €14,404
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Loss of €10,728, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Negative equity -€94,256
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€94,256
raises risk · 2025 accounts filed 70 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-10-2026, 70 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
70 days late
2024
67 days late
2023
117 days late
2022
394 days late
2021
67 days late
2020
10 days late
2019
28 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 108 days after the deadline; the sector median (NACE 63) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 9 October (4 of the last 5 filed years within 48 days of that day).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€94,256 View
  • Caution: Among the weakest 5% on solvencysector median 55.4% · 2,295 companies -654.4% View
  • Caution: 2 loss-making years in a rowloss financial year 2025 -€10,728 View

Documents

Annual accounts at the NBB

All 11 annual accounts

Articles and registers

Key facts about Pulsa Studio by HCLO3

What is the company number of Pulsa Studio by HCLO3?
0630.788.822. In Belgium the VAT number is the company number with BE in front: BE 0630.788.822.
Where is Pulsa Studio by HCLO3 based?
The registered office is at Sentier-Betoin, Meux 1, 5081 La Bruyère.Company details
What does Pulsa Studio by HCLO3 do?
According to the KBO register, the main activity is web portal activities (NACE 63910).
What is the legal form of Pulsa Studio by HCLO3?
Private limited company (BV).
When was Pulsa Studio by HCLO3 founded?
On 22-05-2015.
Is Pulsa Studio by HCLO3 still active?
Yes, Pulsa Studio by HCLO3 is an active enterprise in the KBO register.
How many employees does Pulsa Studio by HCLO3 have?
On average 2.3 full-time equivalents in financial year 2020, according to the filed annual accounts.Financials
What is the turnover of Pulsa Studio by HCLO3?
The annual accounts for financial year 2025 state no turnover: the micro format does not require it.
Is Pulsa Studio by HCLO3 profitable?
In financial year 2025, Pulsa Studio by HCLO3 made a loss of €10,728.
Where can I find the annual accounts of Pulsa Studio by HCLO3?
Pulsa Studio by HCLO3 filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of Pulsa Studio by HCLO3 due?
By 31-07-2027, for financial year 2026.Timeline

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