Skip to content

PULSAR

Active Private limited companyfounded 2018active for 7 yearsRené Hendrickx-straat 12, 3320 HoegaardenKBO/BCE: BE 0715.710.045
PULSAR
Financial year 2025
Follow ReportCompare

Annual accounts 2025

micro format, filed on 21-07-2026, 10 days before the deadline
€74,612
▼ 36.3%
€72,627
▼ 37.2%
€52,163
▼ 36.2%
€83,845
▼ 36.7%
58.4%
▲ 25.6 percentage points
2.11
▲ 0.58

Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €780,000. Estimated: probably between €480,000 and €1.1m.

Balance sheet

balance sheet total €195,212 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

58.4%

Higher than 72% of 22,917 companies in 2025.

2.11

Higher than 65% of 22,047 companies in 2025.

26.7%

Higher than 90% of 22,197 companies in 2025.

PULSAR Middle half of the sector 80% of the sector Micro accounts in retail trade (NACE 47)

Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019
Balance sheet: assets
20/58 195,212384,908310,903285,587236,081128,877105,870
21/28 36,1542,7313,6928,0496,99711,11315,259
22/27 36,1542,7313,6928,0496,99711,11315,259
23 2,1911,7552,3462,936---
24 33,356--3,3976,99711,11315,259
26 6079771,3461,716---
29/58 159,058382,177307,211277,538229,084117,76590,610
40/41 30,91128,30532,90422,63431,99625,80826,590
40 20,34928,13324,27615,88128,72519,80826,590
41 10,5621728,6296,7523,2716,000-
50/53 -50,000100,000----
54/58 128,148303,403173,862254,870196,49991,41064,020
490/1 -46944535590548-
Balance sheet: equity and liabilities
10/49 195,212384,908310,903285,587236,081128,877105,870
10/15 114,006126,238192,462118,518210,719107,80695,115
10/11 18,60018,60018,60018,60018,60012,40012,400
100 ------18,600
101 ------6,200
13 95,406107,638173,86299,918192,11995,40682,715
130/1 ---1,8601,8601,860-
130 ------1,860
1311 ---1,8601,8601,860-
133 95,406107,638173,86298,058190,25993,54680,855
17/49 81,206258,671118,441167,06925,36221,07110,755
42/48 75,214249,622111,595162,57524,16219,8719,155
44 -5361773,558872936436
440/4 -5361773,558872936436
45 11,47911,5337,66714,7557,40810,7337,981
450/3 11,47911,5337,66714,7557,40810,7337,981
47/48 63,735237,552103,750144,26215,8818,202738
492/3 5,9929,0496,8464,4941,2001,2001,600
Income statement
9900 74,612117,084109,09293,308126,95521,764120,856
630 1,5129604,3573,7504,1164,1474,381
640/8 474387384348348--
9901 72,627115,736104,35089,211122,49217,617116,476
75/76B 1,5582,228-----
75 1,5582,228-----
65/66B 4,3388,6935,5532,180495057
65 4,3388,6935,5532,180495057
9903 69,847109,27198,79787,031122,44317,567116,419
67/77 17,68427,49624,85317,51825,7294,87633,704
9904 52,16381,77573,94469,51396,71312,69182,715
9905 52,16381,77573,94469,51396,71312,69182,715
Appropriation of the result
9906 52,16381,77573,94469,51396,71312,69182,715
791/2 12,23278,000-96,713---
691/2 -11,77573,9444,51396,71312,69182,715
6920 ------1,860
6921 -11,77573,9444,51396,71312,69180,855
694/7 64,395148,000-161,713---
694 64,395148,000-161,713---
Document PDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 21-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 21-07-2026 2026-00314290 PDF
31-12-2024 micro format 30-07-2025 2025-00344186 PDF
31-12-2023 micro format 31-07-2024 2024-00323458 PDF
31-12-2022 abbreviated format 25-07-2023 2023-00275035 PDF
31-12-2021 abbreviated format 07-06-2022 2022-20048487 PDF
31-12-2020 micro format 07-06-2021 2021-17400383 PDF
31-12-2019 micro format 18-06-2020 2020-17600454 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019
74,138116,697108,70792,960126,60721,764120,856
53,67582,73678,30173,262100,82916,83887,096
34,934004,8020019,640
-175,255129,541-81,00858,371105,08927,390-
83,845132,555195,616114,964204,92397,89381,456
58.4%32.8%61.9%41.5%89.3%83.7%89.8%
2.111.532.751.719.485.939.90
0.712.050.621.410.120.200.11
45.8%64.8%38.4%58.7%45.9%11.8%87.0%
26.7%21.2%23.8%24.3%41.0%9.8%78.1%
17.0913.4219.5842.64over 100--

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.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€34,934--€4,802-
€1,512€960€4,357€3,750€4,116

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on PULSAR

The operating result for 2025 is 37% lower than in 2024 and the lowest since 2020.

Debt's share of the balance-sheet total falls from 67.2% to 41.6%. Equity and debt are lower.

Next steps

Work out how much credit to give this customer and on what payment terms.Credit check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed

We would like to set cookies. That happens only with your consent. What we measure