PULSIFY
ActiveSummary
PULSIFY has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €252k and a net result of €91k. Equity is growing by ~63.2% per year across the filed fiscal years. Its solvency ranks better than 82% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency100▲+9
Growth78=
Track record94
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23k at 30 days acceptable
Liquidity ample (current ratio 6.96 against 3.48 in 2024; short-term debt: 14.3% and cash: 85.3% of total assets), and 14.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
85.7%
Return on assets
30.8%
Age of the figures
9 mo
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 16-02-2026, 165 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
165 d early
2024
20 d early
2023
15 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€252k▲ 56.2%
2024 · €162k
2023: €48klowest in 3 years
2024: €162k▲ +236% vs 2023
2025: €252k▲ +56.2% vs 2024highest in 3 years
2023 → 2025
Total assets
€294k▲ 19.8%
2024 · €246k
2023: €96klowest in 3 years
2024: €246k▲ +156% vs 2023
2025: €294k▲ +19.8% vs 2024highest in 3 years
2023 → 2025
Net result
€91k▼ 20.6%
2024 · €114k
2023: €46klowest in 3 years
2024: €114k▲ +149% vs 2023highest in 3 years
2025: €91k▼ -20.6% vs 2024
2023 → 2025
Working capital
€250k▲ 47.1%
2024 · €170k
2023: €49klowest in 3 years
2024: €170k▲ +244% vs 2023
2025: €250k▲ +47.1% vs 2024highest in 3 years
2023 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€48k-€162k▲ 236%€252k▲ 56.2%
2023: €48klowest in 3 years
2024: €162k▲ +236% vs 2023
2025: €252k▲ +56.2% vs 2024highest in 3 years
Operating result€64k-€148k▲ 133%€112k▼ 24.5%
2023: €64klowest in 3 years
2024: €148k▲ +133% vs 2023highest in 3 years
2025: €112k▼ -24.5% vs 2024
Net result€46k-€114k▲ 149%€91k▼ 20.6%
2023: €46klowest in 3 years
2024: €114k▲ +149% vs 2023highest in 3 years
2025: €91k▼ -20.6% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 25% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €294k
Fixed assets
€3k ▼ 65.5%
Current assets
€292k ▲ 22.5%
Equity and liabilities €294k
Equity
€252k ▲ 56.2%
Debt
€42k ▼ 50.1%
Debt's share of the balance-sheet total falls from 34.2% to 14.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€117k▼
2024 · €153k
Cash flow
€96k▼
2024 · €119k
Current ratio
6.96▲
2024 · 3.48
Debt to equity
0.17▼
2024 · 0.52
ROE
36.0%▼
2024 · 70.8%
ROA
30.8%▼
2024 · 46.6%
Interest coverage
613.66▲
2024 · 74.34
Debt ≤ 1 year
€42k▼
2024 · €68k
Income taxes
€26k▼
2024 · €34k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€246k€294k▲
Fixed assets21/28€7k€3k▼
Tangible fixed assets22/27€7k€2k▼
Furniture and vehicles24€7k€2k▼
Financial fixed assets28€200€200=
Current assets29/58€238k€292k▲
Amounts receivable within one year40/41€184k€39k▼
Trade receivables40€32k€39k▲
Other amounts receivable41€152k-
Current investments50/53€3€2▼
Cash at bank and in hand54/58€50k€251k▲
Deferred charges and accrued income490/1€4k€2k▼
Equity and liabilities
Total equity and liabilities10/49€246k€294k▲
Equity10/15€162k€252k▲
Contributions10/11€3k€3k=
Reserves13€159k€249k▲
Distributable reserves133€159k€249k▲
Amounts payable17/49€84k€42k▼
Amounts payable after more than one year17€16k-
Other amounts payable178/9€16k-
Amounts payable within one year42/48€68k€42k▼
Trade debts44€2k€359▼
Suppliers440/4€2k€359▼
Taxes, remuneration and social security45€62k€37k▼
Taxes450/3€62k€37k▼
Other amounts payable47/48€4k€5k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k=
Other operating charges640/8€180€184▲
Gross operating margin9900€153k€117k▼
Operating profit (loss)9901€148k€112k▼
Financial income75/76B€2k€5k▲
Recurring financial income75€2k€5k▲
Financial charges65/66B€2k€190▼
Recurring financial charges65€2k€190▼
Profit (loss) for the period before taxes9903€148k€117k▼
Income taxes67/77€34k€26k▼
Profit (loss) for the period9904€114k€91k▼
Profit (loss) for the period to be appropriated9905€114k€91k▼
Appropriation of the result
Profit (loss) to be appropriated9906€114k€91k▼
Transfer to equity691/2€114k€91k▼
To other reserves6921€114k€91k▼
Profit to be distributed694/7€859-
Return on contributions (dividend)694€859-
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3k | €5k | €5k | = |
| Other operating charges640/8 | €150 | €180 | €184 | ▲ 1.8% |
| Gross operating margin9900 | €66k | €153k | €117k | ▼ 23.7% |
| Operating profit (loss)9901 | €64k | €148k | €112k | ▼ 24.5% |
| Financial income75/76B | €2 | €2k | €5k | ▲ 167% |
| Recurring financial income75 | €2 | €2k | €5k | ▲ 167% |
| Financial charges65/66B | €188 | €2k | €190 | ▼ 90.8% |
| Recurring financial charges65 | €188 | €2k | €190 | ▼ 90.8% |
| Profit (loss) for the period before taxes9903 | €63k | €148k | €117k | ▼ 21.2% |
| Income taxes67/77 | €18k | €34k | €26k | ▼ 23.3% |
| Profit (loss) for the period9904 | €46k | €114k | €91k | ▼ 20.6% |
| Profit (loss) for the period to be appropriated9905 | €46k | €114k | €91k | ▼ 20.6% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €96k | €246k | €294k | ▲ 19.8% |
| Fixed assets21/28 | €13k | €7k | €3k | ▼ 65.5% |
| Tangible fixed assets22/27 | €13k | €7k | €2k | ▼ 67.3% |
| Furniture and vehicles24 | €13k | €7k | €2k | ▼ 67.3% |
| Financial fixed assets28 | €200 | €200 | €200 | = |
| Current assets29/58 | €83k | €238k | €292k | ▲ 22.5% |
| Amounts receivable within one year40/41 | €29k | €184k | €39k | ▼ 79.0% |
| Trade receivables40 | €29k | €32k | €39k | ▲ 20.0% |
| Other amounts receivable41 | - | €152k | - | - |
| Current investments50/53 | - | €3 | €2 | ▼ 27.3% |
| Cash at bank and in hand54/58 | €52k | €50k | €251k | ▲ 402% |
| Deferred charges and accrued income490/1 | €2k | €4k | €2k | ▼ 50.6% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €96k | €246k | €294k | ▲ 19.8% |
| Equity10/15 | €48k | €162k | €252k | ▲ 56.2% |
| Contributions10/11 | €3k | €3k | €3k | = |
| Reserves13 | €45k | €159k | €249k | ▲ 57.2% |
| Distributable reserves133 | €45k | €159k | €249k | ▲ 57.2% |
| Amounts payable17/49 | €48k | €84k | €42k | ▼ 50.1% |
| Amounts payable after more than one year17 | €15k | €16k | - | - |
| Other amounts payable178/9 | €15k | €16k | - | - |
| Amounts payable within one year42/48 | €33k | €68k | €42k | ▼ 38.7% |
| Trade debts44 | €89 | €2k | €359 | ▼ 79.4% |
| Suppliers440/4 | €89 | €2k | €359 | ▼ 79.4% |
| Taxes, remuneration and social security45 | €30k | €62k | €37k | ▼ 41.0% |
| Taxes450/3 | €28k | €62k | €37k | ▼ 41.0% |
| Remuneration and social security454/9 | €2k | - | - | - |
| Other amounts payable47/48 | €4k | €4k | €5k | ▲ 10.3% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €46k | €114k | €91k | ▼ 20.6% |
| + Depreciation and write-downs630 | €3k | €5k | €5k | = |
| Operating cash flow (approximation) | €48k | €119k | €96k | ▼ 19.8% |
| Investment in fixed assets (approximation) | - | €954 | €0 | ▼ 100% |
| Change in cash | - | €-2k | €201k | ▲ 12,970% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
16-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Equity above €200kEq €252k ▲56.2%
3 profitable years in a row build equity to €252k.
11-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2023net €114k ▲149%
Operating result €148k, net result €114k, both a record.
31-12
Financial
Equity above €150kEq €162k ▲236%
2 profitable years in a row build equity to €162k.
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Liège · 1 establishment unit since 2023
Ground area
6,004 m²
Parcel 62814C0006/00G002, Wallonia. Linked by address, not a title deed.
102
companies at this address
See who is registered here
1 establishment unit
Esplanade Simone VEIL 1, 4000 Liège
since 20232.347.009.822
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62814C0006/00G002 | Wallonia | 6,004 m² | - | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Mindspeller BCI
BE 0749.699.835
Herent · Eq €252,356
ECLIPSIS IT
BE 0501.982.324
Soignies · Eq €252,253
MITEM
BE 0718.791.873
Wavre · Eq €252,250
7algo
BE 0667.863.410
Verviers · Eq €252,239
JUAREL
BE 0556.951.036
Bornem · Eq €252,422
Of 29,993 companies in sector 62200 we hold annual accounts for 18,396. 14,182 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded27-06-2023
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
62900Other information technology and computer services
62100Computer programming
Scores and ratios are computed by Checked and are not a credit decision.