Equity
Equity rose in 2025 from €161,552 to €252,317.
Equity rose in 2025 from €161,552 to €252,317.
The micro format states no turnover.
Short-term debts fell from €68,382 to €41,941.
Higher net result than 91% of companies in computer programming and consultancy. Sector median €28,031 · 22,054 companies.
In July 2024, 39,326 companies had the same profile as PULSIFY has now. Each dot stands for 99 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,326 companies, not a prediction for PULSIFY. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| PULSIFY Liège | €294,258 | €116,901 | 85.7% | - |
| FIFTYEIGHT SERVICES Chaudfontaine | €314,996 | €132,018 | 77.0% | - |
| Floris De Wolf Oudenaarde | €303,368 | €120,320 | 57.5% | 0 |
| SCALE X Leuven | €291,679 | €112,930 | 70.8% | - |
| LAMOEN CONSULTING Rumst | €289,579 | €123,971 | 87.3% | - |
| Helipa Antwerp | €314,609 | €114,746 | 44.3% | - |
| SKELETON KEY CONSULTING Lommel | €277,251 | €112,427 | 84.3% | - |
These companies have the same main activity as PULSIFY: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €277,000 and €315,000, founded in 2023.
PULSIFY files the micro format. That format states no turnover. The gross margin rose from €66,447 in 2023 to €116,901 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €180,000. Estimated: probably between €160,000 and €230,000.
Higher than 82% of 22,049 companies in 2025.
Higher than 82% of 21,350 companies in 2025.
Higher than 68% of 21,541 companies in 2025.
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter
| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
294,258 | 245,597 | 95,833 | |
21/28 |
2,543 | 7,377 | 13,164 | |
22/27 |
2,343 | 7,177 | 12,964 | |
24 |
2,343 | 7,177 | 12,964 | |
28 |
200 | 200 | 200 | |
29/58 |
291,715 | 238,221 | 82,668 | |
40/41 |
38,629 | 183,983 | 29,315 | |
40 |
38,629 | 32,182 | 29,315 | |
41 |
- | 151,801 | - | |
50/53 |
2 | 3 | - | |
54/58 |
250,977 | 49,972 | 51,534 | |
490/1 |
2,106 | 4,262 | 1,819 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
294,258 | 245,597 | 95,833 | |
10/15 |
252,317 | 161,552 | 48,044 | |
10/11 |
3,000 | 3,000 | 3,000 | |
13 |
249,317 | 158,552 | 45,044 | |
133 |
249,317 | 158,552 | 45,044 | |
17/49 |
41,941 | 84,045 | 47,789 | |
17 |
- | 15,663 | 14,500 | |
178/9 |
- | 15,663 | 14,500 | |
42/48 |
41,941 | 68,382 | 33,289 | |
44 |
359 | 1,744 | 89 | |
440/4 |
359 | 1,744 | 89 | |
45 |
36,725 | 62,234 | 29,655 | |
450/3 |
36,725 | 62,234 | 27,641 | |
454/9 |
- | - | 2,015 | |
47/48 |
4,856 | 4,404 | 3,544 | |
| Income statement | ||||
9900 |
116,901 | 153,214 | 66,447 | |
630 |
4,833 | 4,833 | 2,652 | |
640/8 |
184 | 180 | 150 | |
9901 |
111,884 | 148,200 | 63,645 | |
75/76B |
4,834 | 1,808 | 2 | |
75 |
4,834 | 1,808 | 2 | |
65/66B |
190 | 2,059 | 188 | |
65 |
190 | 2,059 | 188 | |
9903 |
116,528 | 147,949 | 63,459 | |
67/77 |
25,764 | 33,582 | 17,615 | |
9904 |
90,765 | 114,367 | 45,844 | |
9905 |
90,765 | 114,367 | 45,844 | |
| Appropriation of the result | ||||
9906 |
90,765 | 114,367 | 45,844 | |
691/2 |
90,765 | 113,508 | 45,044 | |
6921 |
90,765 | 113,508 | 45,044 | |
694/7 |
- | 859 | 800 | |
694 |
- | 859 | 800 | |
| Document | ||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 16-02-2026.
| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 116,718 | 153,034 | 66,297 | ||
| 95,598 | 119,200 | 48,497 | ||
| 0 | -954 | 15,817 | ||
| 201,005 | -1,562 | - | ||
| 249,774 | 169,839 | 49,380 | ||
| 85.7% | 65.8% | 50.1% | ||
| 6.96 | 3.48 | 2.48 | ||
| 0.17 | 0.52 | 0.99 | ||
| 36.0% | 70.8% | 95.4% | ||
| 30.8% | 46.6% | 47.8% | ||
| over 100 | 74.34 | over 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.
| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | - | - | €15,617 |
| Financial fixed assets | - | - | €200 |
| €4,833 | €4,833 | €2,652 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 25% lower than in 2024.
Debt's share of the balance-sheet total falls from 34.2% to 14.3%. Equity is higher and debt is lower.
PULSIFY has no parent and no holdings in its annual accounts. is the only director. PULSIFY shares no director with another company.
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Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Esplanade Simone VEIL 1 registered office 4000 Liège | 27-06-2023 | 2.347.009.822 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 62814C0006/00G002 | 6,004 m² | - | - |
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