PULSE

Active

Private limited companyfounded 2018active for 8 yearsSint-Annastraat 31, 3550 Heusden-Zolder, BelgiumKBO/BCE: BE 0688.520.648

From the official registers: KBO 7 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of PULSE is 1.6% (moderate). The 2025 annual accounts show equity of €8,705 and a net result of €6,329. Equity is shrinking by about 39% per year across the filed financial years. Its solvency ranks better than 14% of 9,865 sector peers (NACE 43, financial year 2025). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

PULSEActiveChecked score 55/100

Risk analysis Report Compare

Official details

KBO

Status: Active since 16-01-2018 Normal situation
Legal form: Private limited company
Registered office: Sint-Annastraat 31, 3550 Heusden-Zolder
Activity: General electrical installation work NACE 43211
Establishment unit: 2.272.375.349 3550 Heusden-Zolder, since 16-01-2018
Financial year end: 31 December
Peppol: Reachable since 27-11-2025

Company details

Who decides

Board

RenegadeDirector · since 26-09-2011

Shareholders

Renegade98%annual accounts 2025

Board & ownership

How it is doing

55 Fair Checked score 2025

Bankruptcy probabilitywithin 12 months: 1.6%

Annual accounts 2025

Gross margin: €15,377; ▼ 75.2%
Turnover: ≈ €130,000; estimated
Profit: €6,329
Equity: €8,705; ▲ 266%
Total assets: €69,539; ▼ 22.5%

2025 accounts filed 31 days late

Filed on 31-08-2026at the National Bank

Financials

Why 55raises riskLast filed accounts filed 31 days late; 2 of the last 3 lateSector: Specialised construction activities (NACE 43)Equity €8,705 (12.5% of total assets)lowers riskSize: total assets €69,539Show the evidence

Checked score

Score 2025

55 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 46% of its sector peers (NACE 43, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Average

Solvency 38+10

equity 12.5% of total assets

Liquidity 24+15

short-term debt 70.7% · cash 9.7%

Profitability 80+68

return on assets 9.1%

Bankruptcy probability, 12 months

1.6% Moderate

0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.7% (47,675 companies, NACE 43, micro)

Last 24 months 11-2024: 2.6% 12-2024: 2.6%● unchanged vs 11-2024 01-2025: 2.6%● unchanged vs 12-2024 02-2025: 2.6%● unchanged vs 01-2025 03-2025: 2.5%▼ -0.1 percentage points vs 02-2025 04-2025: 2.6%▲ +0.1 percentage points vs 03-2025 05-2025: 2.6%● unchanged vs 04-2025 06-2025: 2.5%▼ -0.1 percentage points vs 05-2025 07-2025: 2.7%▲ +0.2 percentage points vs 06-2025 08-2025: 3.6%▲ +0.9 percentage points vs 07-2025 09-2025: 4.1%▲ +0.5 percentage points vs 08-2025 10-2025: 3.8%▼ -0.3 percentage points vs 09-2025 11-2025: 3.8%● unchanged vs 10-2025 12-2025: 3.8%● unchanged vs 11-2025 01-2026: 3.7%▼ -0.1 percentage points vs 12-2025 02-2026: 3.6%▼ -0.1 percentage points vs 01-2026 03-2026: 3.4%▼ -0.2 percentage points vs 02-2026 04-2026: 3.5%▲ +0.1 percentage points vs 03-2026 05-2026: 3.4%▼ -0.1 percentage points vs 04-2026 06-2026: 3.2%▼ -0.2 percentage points vs 05-2026 07-2026: 3.3%▲ +0.1 percentage points vs 06-2026 08-2026: 4.1%▲ +0.8 percentage points vs 07-2026highest value 09-2026: 1.6%▼ -2.5 percentage points vs 08-2026 10-2026: 1.6%● unchanged vs 09-2026lowest value

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 43, micro): better than 16% on solvency, 14% on liquidity, 60% on profitability and 97% 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

Last filed accounts filed 31 days late; 2 of the last 3 late

NBB · filings

Sector: Specialised construction activities (NACE 43)

KBO

Size: total assets €69,539

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Equity €8,705 (12.5% of total assets)

NBB · annual accounts

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 9865 sector peers (2025).

NBB · sector comparison

Position among 9865 sector peers

Solvency

better than 14%

← weakest strongest →

2025 accounts filed 31 days late

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 7 filings

Deviation from the deadline

2025

31 days late

2024

40 days late

2023

21 days late

2022

40 days early

2021

31 days early

2020

32 days early

2019

69 days early

← 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 11 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)

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 22 August (4 of the last 5 filed years within 53 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

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

Key points

Caution: Among the weakest 10% on equitysector median €252,306 · 9,867 companies €8,705 View

Documents

Key facts about PULSE

What is the company number of PULSE?: 0688.520.648. In Belgium the VAT number is the company number with BE in front: BE 0688.520.648.
Where is PULSE based?: The registered office is at Sint-Annastraat 31, 3550 Heusden-Zolder.Company details
What does PULSE do?: According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of PULSE?: Private limited company (BV).
When was PULSE founded?: On 16-01-2018.
Is PULSE still active?: Yes, PULSE is an active enterprise in the KBO register.
How many employees does PULSE have?: On average 0.9 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of PULSE?: ≈ €130,000 in financial year 2025. Estimated from the gross margin of €15,377: probably between €83,000 and €270,000, based on 125 comparable companies, NACE 43211. A rough estimate.
Is PULSE profitable?: In financial year 2025, PULSE made a profit of €6,329.
Where can I find the annual accounts of PULSE?: PULSE filed 7 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 PULSE due?: By 31-07-2027, for financial year 2026.Timeline