Financials
- Financial year
- 2025
- Turnover
- €1.2m
- Loss
- -€694,790
- Solvency
- 29.2%
Turnover▲ 26.8%
Net result
20232025
PULSAR - IT
ActiveSummary
The annual accounts of PULSAR - IT for financial year 2025 show a net loss of 66% of total assets. The 2025 annual accounts show equity of €308,918 and a net result of -€694,790. Equity is shrinking by about 10% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2028. Its solvency ranks better than 36% of 3,371 sector peers (NACE 62, financial year 2025). The company has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Activity
Computer programming
NACE 62100
1 site
Size
€1.2mturnover 2025
- Equity
- €308,918
- Loss
- -€694,790
Structure
- Parent
- MEDIAFIN · 100%
Auditor: BDO Bedrijfsrevisoren bv2025 accounts 81 days early4 of 7 deeds summarised
Why 54raises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLoss of €694,790, the second in a row (financial year 2025)lowers riskSize: turnover €1.2m, total assets €1.1mSector: Computer programming, consultancy and related activities (NACE 62)Figures for financial year 2025 (filed 15-05-2026)Show the evidence
Checked score
Score 2025
54
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 35% of its sector peers (NACE 62, micro)
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency
54+54
equity 29.2% of total assets
Liquidity
45-20
short-term debt 38.5% · cash 10.5%
Profitability
0=
return on assets -65.7%
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.8%
12-2024: 0.8%● unchanged vs 11-2024
01-2025: 0.8%● unchanged vs 12-2024
02-2025: 0.8%● unchanged vs 01-2025
03-2025: 0.8%● unchanged vs 02-2025
04-2025: 0.8%● unchanged vs 03-2025
05-2025: 0.8%● unchanged vs 04-2025highest value
06-2025: 0.8%● unchanged vs 05-2025highest value
07-2025: 0.8%● unchanged vs 06-2025highest value
08-2025: 0.8%● unchanged vs 07-2025highest value
09-2025: 0.8%● unchanged vs 08-2025highest value
10-2025: 0.8%● unchanged vs 09-2025highest value
11-2025: 0.8%● unchanged vs 10-2025highest value
12-2025: 0.8%● unchanged vs 11-2025highest value
01-2026: 0.8%● unchanged vs 12-2025highest value
02-2026: 0.8%● unchanged vs 01-2026highest value
03-2026: 0.8%● unchanged vs 02-2026
04-2026: 0.8%● unchanged vs 03-2026
05-2026: 0.8%● unchanged vs 04-2026
06-2026: 0.3%▼ -0.5 percentage points vs 05-2026lowest value
07-2026: 0.3%● unchanged vs 06-2026lowest value
08-2026: 0.3%● unchanged vs 07-2026lowest value
09-2026: 0.3%● unchanged vs 08-2026lowest value
10-2026: 0.3%● unchanged vs 09-2026lowest value
Credit of up to €16,000 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity insufficient (current ratio 0.94, compared with 1.76 in 2024, below 1; short-term debt: 38.5% and cash: 10.5% of total assets), and 70.8% of the assets are financed with debt and provisions.
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 62, micro): better than 28% on solvency, 21% on liquidity, 5% on profitability and 86% on growth.
The bankruptcy probability was computed on 24-10-2026 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).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-05-2026, 81 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
81 days early
2024
119 days early
2023
40 days early
2022
31 days early
2021
80 days early
2020
31 days late
2019
33 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 41 days before the deadline; the sector median (NACE 62) for financial year 2024 is 9 days before the deadline, and 33% 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 12 May (4 of the last 5 filed years within 41 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
25-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · abbreviated…
- Equity above €200,000equity €308,918
- Amendment of the articles · MiscellaneousCapital contribution · Transfer restriction
Key points
- Risk: 4 loss-making years in a rowloss financial year 2025 -€694,790 View
- Caution: Among the weakest 5% on net resultsector median €23,315 · 3,371 companies -€694,790 View
- Controlled by MEDIAFINultimately: Roularta Media Group NV 100% View
- Positive: Turnover rose in 2025from €967,430 to €1.2m ▲ 26.8% View
- Positive: Filed on time since financial year 2021accounts within the deadline every year 5 years View
By topic
Board & ownership
- Parent
- MEDIAFIN · 100%
- Auditor
- BDO Bedrijfsrevisoren bv
Network & group
- Group
- Roularta Media Group NV
Timeline
- Events
- 33
- Since
- 2004
- Next accounts
- by 31-07-2027
- 03-04-2025Annual accounts filed
- 31-12-2024Weakest financial year
- 24-09-2024Reappointment: BDO Bedrijfsrevisoren BV (statutory auditor)
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Computer programmingNACE 62100
- Founded
- 14-10-2002
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 20
- Annual meeting
- Third Monday of June at 18:00
- Purpose
- “Consultancy,ontwikkeling en onderzoek in alle technologieen die verbonden zijn of…” (deed in Dutch)
Key facts about PULSAR - IT
- What is the company number of PULSAR - IT?
- 0478.561.772. In Belgium the VAT number is the company number with BE in front: BE 0478.561.772.
- Where is PULSAR - IT based?
- The registered office is at Havenlaan 86C, 1000 Brussel.Company details
- What does PULSAR - IT do?
- According to the KBO register, the main activity is computer programming (NACE 62100).
- What is the legal form of PULSAR - IT?
- Private limited company (BV).
- When was PULSAR - IT founded?
- On 14-10-2002.
- Is PULSAR - IT still active?
- Yes, PULSAR - IT is an active enterprise in the KBO register.
- What is the turnover of PULSAR - IT?
- €1.2m in financial year 2025, according to the filed annual accounts.Financials
- Is PULSAR - IT profitable?
- In financial year 2025, PULSAR - IT made a loss of €694,790.
- Where can I find the annual accounts of PULSAR - IT?
- PULSAR - IT filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PULSAR - IT due?
- By 31-07-2027, for financial year 2026.Timeline
Companies related to PULSAR - IT
Parent and group
Comparable companies
- Brainz4Lebbeke
- ORACSint-Gillis-Waas
- QUIPUHuldenberg
- D10 CONSULTINGLier
- EQUANUMBrussel
Go further with this company
How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.