PULSAR (0505.865.589): financials and annual accounts

PULSAR

Ixelles ·KBO/BCE: BE 0505.865.589

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Balance sheet: assets
`20/58`	363,243	283,789	245,959	239,855	256,436	267,604	269,659	303,177	113,650	86,529
`21/28`	70,161	4,205	91,611	60,399	31,002	51,439	85,298	21,043	15,696	36,392
`22/27`	68,629	2,674	90,080	58,867	29,471	50,344	71,217	21,043	15,696	36,392
`24`	9,560	2,674	4,241	16,378	29,471	50,344	71,217	21,043	15,696	36,392
`25`	59,069	-	-	-	-	-	-	-	-	-
`27`	-	-	85,840	42,490	-	-	-	-	-	-
`28`	1,531	1,531	1,531	1,531	1,531	1,095	14,081	-	-	-
`29/58`	293,083	279,584	154,348	179,456	225,433	216,165	184,361	282,135	97,955	50,137
`40/41`	224,820	163,659	68,423	126,724	225,422	177,298	107,859	232,854	70,536	44,977
`40`	132,461	66,525	52,537	56,991	75,029	75,438	73,626	181,640	44,059	33,238
`41`	92,360	97,134	15,886	69,733	150,393	101,861	34,233	51,214	26,477	11,739
`54/58`	871	1,337	18,477	16,723	11	38,866	76,502	49,280	25,855	4,280
`490/1`	67,391	114,588	67,448	36,009	-	-	-	-	1,564	879
Balance sheet: equity and liabilities
`10/49`	363,243	283,789	245,959	239,855	256,436	267,604	269,659	303,177	113,650	86,529
`10/15`	192,959	192,576	171,711	141,247	119,940	115,880	97,541	82,716	47,277	13,832
`10/11`	12,400	12,400	12,400	6,200	6,200	6,200	6,200	6,200	6,200	6,200
`100`	-	-	-	-	-	-	18,600	18,600	18,600	18,600
`101`	-	-	-	-	-	-	12,400	12,400	12,400	12,400
`11`	-	-	-	-	6,200	6,200	-	-	-	-
`1100/10`	-	-	-	-	6,200	6,200	-	-	-	-
`13`	30,460	30,460	30,460	30,460	30,460	30,460	30,460	30,460	13,960	1,860
`130/1`	1,860	1,860	1,860	1,860	1,860	1,860	-	-	-	-
`130`	-	-	-	-	-	-	1,860	1,860	1,860	1,860
`1311`	1,860	1,860	1,860	1,860	1,860	1,860	-	-	-	-
`132`	28,600	28,600	28,600	28,600	28,600	28,600	28,600	28,600	12,100	-
`14`	150,099	149,716	128,851	104,587	83,280	79,220	60,881	46,056	27,117	5,772
`17/49`	170,284	91,213	74,248	98,607	136,496	151,724	172,118	220,461	66,373	72,697
`17`	54,226	-	-	13,485	27,994	45,512	79,513	16,725	16,447	33,051
`170/4`	54,226	-	-	13,485	27,994	45,512	79,513	16,725	16,447	33,051
`42/48`	116,058	91,213	74,248	85,122	108,502	106,212	92,605	203,736	49,926	39,646
`42`	15,697	13,540	16,975	14,662	21,045	20,127	9,997	19,996	17,499	16,717
`43`	32,802	4,168	-	1,902	3,028	3,101	2,409	2,128	1,906	2,352
`430/8`	32,802	4,168	-	1,902	3,028	3,101	2,409	2,128	1,906	2,352
`44`	14,876	13,014	22,441	29,895	76,062	46,529	53,177	143,549	12,638	8,529
`440/4`	14,876	7,022	13,964	20,046	54,396	32,581	27,727	12,755	9,016	3,477
`441`	-	5,991	8,476	9,849	21,666	13,948	25,450	130,794	3,622	5,053
`45`	52,684	60,491	34,833	38,663	8,367	36,455	27,022	32,062	17,882	12,047
`450/3`	19,179	21,636	21,906	20,987	8,339	23,909	12,965	21,745	15,579	9,830
`454/9`	33,505	38,855	12,927	17,676	28	12,545	14,057	10,317	2,303	2,218
`47/48`	-	-	-	-	-	-	-	6,000	-	-
Income statement
`70`	591,324	664,656	508,441	574,635	602,775	557,813	455,264	398,129	306,329	189,051
`9900`	357,430	274,699	216,378	160,486	109,249	122,008	99,863	142,058	133,405	88,220
`60/61`	237,756	392,211	309,453	414,308	493,982	435,814	354,018	255,830	172,925	100,831
`62`	297,546	246,570	163,234	115,237	76,015	78,261	57,428	75,468	77,037	26,862
`630`	22,870	1,567	15,046	15,710	20,873	20,873	23,503	19,203	20,697	36,220
`640/8`	27,531	1,405	2,012	1,640	10,847	421	334	1,014	2,150	3,126
`66A`	241	-	-	-	-	-	-	-	-	-
`9901`	9,242	25,157	36,086	27,898	1,515	22,452	18,598	46,373	33,521	22,012
`75/76B`	5,202	3,751	1,110	6,384	11,829	5,528	3,440	3,036	2,075	421
`75`	5,202	3,751	1,110	4,088	11,829	5,528	3,440	3,036	2,075	421
`76B`	-	-	-	2,297	-	-	-	-	-	-
`65/66B`	5,937	1,588	8,685	6,811	5,101	4,027	3,187	1,964	2,151	2,973
`65`	5,937	1,588	8,685	4,414	5,101	4,027	3,187	1,964	2,151	2,973
`66B`	-	-	-	2,397	-	-	-	-	-	-
`9903`	8,506	27,321	28,511	27,471	8,243	23,953	18,851	47,444	33,445	19,461
`67/77`	8,124	6,456	4,247	6,163	4,183	5,614	4,026	6,005	-	11,828
`9904`	383	20,865	24,264	21,308	4,060	18,339	14,825	41,439	33,445	7,632
`689`	-	-	-	-	-	-	-	16,500	12,100	-
`9905`	383	20,865	24,264	21,308	4,060	18,339	14,825	24,939	21,345	7,632
Appropriation of the result
`9906`	150,099	149,716	128,851	104,587	83,280	79,220	60,881	52,056	27,117	7,632
`14P`	149,716	128,851	104,587	83,280	-	-	-	-	-	-
`691/2`	-	-	-	-	-	-	-	-	-	1,860
`6920`	-	-	-	-	-	-	-	-	-	1,860
`694/7`	-	-	-	-	-	-	-	6,000	-	-
`695`	-	-	-	-	-	-	-	6,000	-	-
Social balance sheet
`9087`	7.2	6.9	5.8	3.9	2.7	2.7	2	2.5	2.9	2
Hours worked`1013`	13,110	11,774	9,758	5,842	4,550	4,856	3,528	4,610	5,338	1,860
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

Financial year	Type	Filed	Reference	Document
31-08-2025	micro format	30-03-2026	2026-00070493	PDF
31-08-2024	micro format	04-04-2025	2025-00067609	PDF
31-08-2023	micro format	02-04-2024	2024-00061356	PDF
31-08-2022	micro format	24-04-2023	2023-00063648	PDF
31-08-2021	micro format	30-03-2022	2022-09700033	PDF
31-08-2020	micro format	25-03-2021	2021-08500399	PDF
31-08-2019	micro format	30-03-2020	2020-08100509	PDF
31-08-2018	micro format	28-03-2019	2019-08300175	PDF
31-08-2017	micro format	27-02-2018	2018-05700366	PDF
31-08-2016	full format	28-02-2017	2017-05500515	PDF

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
32,112	26,724	51,132	43,608	22,388	43,325	42,101	65,575	54,218	58,232
23,253	22,432	39,310	37,018	24,933	39,212	38,328	60,642	54,142	43,852
56,668	-85,840	2,909	2,617	436	-12,986	73,678	24,550	0	72,612
-466	-17,140	1,754	16,712	-38,855	-37,635	27,222	23,425	21,575	-
177,025	188,371	80,099	94,334	116,931	109,953	91,756	78,399	48,029	10,491
1.6%	3.8%	7.1%	4.9%	0.3%	4.0%	4.1%	11.6%	10.9%	11.6%
53.1%	67.9%	69.8%	58.9%	46.8%	43.3%	36.2%	27.3%	41.6%	16.0%
2.53	3.07	2.08	2.11	2.08	2.04	1.99	1.38	1.96	1.26
0.88	0.47	0.43	0.70	1.14	1.31	1.76	2.67	1.40	5.26
0.2%	10.8%	14.1%	15.1%	3.4%	15.8%	15.2%	50.1%	70.7%	55.2%
0.1%	7.4%	9.9%	8.9%	1.6%	6.9%	5.5%	13.7%	29.4%	8.8%
5.41	16.83	5.89	9.88	-	-	-	-	-	-
82 days	37 days	38 days	36 days	45 days	49 days	59 days	167 days	52 days	64 days
23 days	12 days	26 days	26 days	56 days	39 days	55 days	205 days	27 days	31 days

Item	31-08-2025	31-08-2024	31-08-2023	31-08-2022
Employees at the balance-sheet date	7	7	7	5
full-time	7	7	7	5
in full-time equivalents	7	7	7	5
	7.2	6.9	5.8	3.9
On a permanent contract	6	5	4	4
Joined	6	13	5	-
Left	6	13	3	-

Item	31-08-2025	31-08-2024	31-08-2023	31-08-2022
Tangible fixed assets	€56,668	-	€2,909	€2,617
	€22,870	€1,567	€15,046	€15,710

PULSAR

Annual accounts 2025

Money flows

Balance sheet

in euro

in euro

Position in the sector

53.1%

2.53

0.1%

Staff

€41,326

level

Filed annual accounts

Filings

Key figures and ratios

Social balance sheet

Investments

Insights on PULSAR

Next steps

Annual accounts 2025

Money flows

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency53.1%

Current ratio2.53

Return on assets0.1%

Staff

Staff cost per FTE€41,326

Joined and leftlevel

Filed annual accounts

Filings

Key figures and ratios

Social balance sheet

Investments

Insights on PULSAR

Next steps

in euro

in euro

53.1%

2.53

0.1%

€41,326

level