PULSITIVE
The computed 12-month bankruptcy probability of PULSITIVE is 0.9% (low). The 2025 annual accounts show equity of €7k and a net result of €-80k. Equity is growing by ~99.2% per year across the filed fiscal years. Its solvency ranks better than 30% of 235 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €7k |
| Net result | €-80k |
| Better than sector | 30% |
| Active | 4 yrs |
Fragile profile, watch profitability in particular.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 19.6% | 43.1% | |
| Net result | €-80k | €12k | |
| Equity | €7k | €26k | |
| Gross operating margin | €-44k | €29k | |
| Staff costs | €28k | €32k |
| Fiscal year | 2025 |
|---|---|
| Revenue | - |
| EBITDA | €-73k |
| Net profit | €-80k |
| Cash flow | €-77k |
| Staff costs | €28k |
| Income taxes | €31 |
| Dividends | - |
| Total assets | €38k |
| Equity | €7k |
| Debt | €30k |
| of which ≤ 1y | €30k |
| of which > 1y | - |
| Working capital | €2k |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | 1.08 |
| Quick ratio | 1.08 |
| Working capital ratio | 6.3% |
| Solvency | 19.6% |
| Debt / equity | 4.10 |
| Long-term debt ratio | - |
| Interest coverage | -330.60 |
| Gross margin | - |
| Net margin | - |
| ROA | -211.1% |
| ROE | -1076.8% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €38k |
| Fixed assets | 21/28 | €5k |
| Intangible fixed assets | 21 | €5k |
| Tangible fixed assets | 22/27 | €54 |
| Current assets | 29/58 | €33k |
| Amounts receivable within one year | 40/41 | €20k |
| Cash & bank | 54/58 | €12k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €38k |
| Equity | 10/15 | €7k |
| Contributions / capital | 10/11 | €70k |
| Accumulated profits (losses) | 14 | €-63k |
| Amounts payable | 17/49 | €30k |
| Amounts payable within one year | 42/48 | €30k |
| Trade debts payable within one year | 44 | €12k |
| Income statement | ||
| Gross operating margin | 9900 | €-44k |
| Operating result | 9901 | €-75k |
| Financial income | 75 | €116 |
| Financial charges | 65 | €220 |
| Result before taxes | 9903 | €-80k |
| Income taxes | 67/77 | €31 |
| Net result for the period | 9904 | €-80k |
| Result to be appropriated | 9905 | €-80k |
-
Current01-04-2024 → present
2 events
- 01-04-2024 Appointed· Director
- 20-09-2022 Resigned· Director
| NACE primary | 85599 |
| Legal form | Private limited company(610) |
| Incorporation | 11-07-2022 |
| Status | Active |
| Postal code | 1040 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21443C0221/00Y002 | Brussels | 219 m² | 1 · 123 m² | 22.6 m · 6 fl. |
| 21363B0352/00G011 | Brussels | 86 m² | 1 · 59 m² | 9.7 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
14-11-2025 Registered office moved from Ixelles to Ettebeek
- Rue Henri Marichal 28, 1050 Ixelles → Rue Lieutenant Lippens 3, 1040 Ettebeek
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Ettebeek",
"region": "Brussels Gewest",
"street": "Rue Lieutenant Lippens",
"country": "BE",
"postcode": "1040",
"box_number": null,
"street_number": "3"
},
"old_address": {
"city": "Ixelles",
"region": "Brussels Gewest",
"street": "Rue Henri Marichal",
"country": "BE",
"postcode": "1050",
"box_number": "3",
"street_number": "28"
},
"effective_date": "2025-07-01",
"evidence_quote": "Le transfert du si\u00E8ge social de la Rue Henri Marichal 28 bte 3, 1050 Ixelles, vers la Rue Lieutenant Lippens 3, 1040 Ettebeek. Cette r\u00E9solution prend ses effets \u00E0 dater du 1er juillet 2025"
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0788.436.289",
"name_full": "PULSITIVE",
"legal_form": "SRL"
}
}15-01-2025 Articles of association amended
Technical details
{
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"statute_change": {
"name_change": false,
"seat_change": false,
"object_change": false,
"effective_date": "2024-12-30",
"legal_form_change": false
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0788.436.289",
"name_full": "PULSITIVE",
"legal_form": "SRL"
},
"signature_regime": null,
"special_mandates": [],
"governance_change": {
"admin_delegated_added": []
}
}16-07-2024 Nicolas Henry appointed as director
- Nicolas Henry, Bestuurder
Technical details
{
"events": [
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Nicolas Henry",
"address": null,
"birth_date": null
},
"effective_date": "2024-04-01",
"evidence_quote": "L\u0027Assembl\u00E9e G\u00E9n\u00E9rale Extraordinaire d\u00E9cide de nommer Monsieur Nicolas Henry (02/01/1989) en tant qu\u0027administrateur et co-g\u00E9rant, avec effet \u00E0 partir du 1er avril 2024."
}
],
"schema": "v3.2",
"act_meta": {
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},
"subject_company": {
"kbo": "0788.436.289",
"name_full": "PULSITIVE",
"legal_form": "SRL"
}
}07-11-2022 Nicolas Henry resigns as director
- Nicolas Henry, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Nicolas Henry",
"address": null,
"birth_date": null
},
"effective_date": "2022-09-20",
"evidence_quote": "L\u0027assembl\u00E9e d\u00E9cide de d\u00E9missionner Monsieur Nicolas Henry de sa qualit\u00E9 d\u0027administrateur avec effet au 20 septembre 2022"
}
],
"schema": "v3.2",
"act_meta": {
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"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0788.436.289",
"name_full": "PULSITIVE",
"legal_form": "SRL"
}
}13-07-2022 Incorporation of a new SRL
Technical details
{
"kind": "oprichting",
"seat": "Rue Henri Marichal 28 bte 3, 1050 Ixelles",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": null,
"name": "VLERICK Daphn\u00E9",
"niss": null,
"address": "Rue Henri Marichal 28, bte 3, 1050 Ixelles"
},
"share_class": "A",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 2500,
"holder_person_name": "VLERICK Daphn\u00E9",
"is_subscriber_only": false,
"n_shares_subscribed": 500,
"amount_subscribed_eur": 2500,
"is_anonymous_silent_partner": false
},
{
"org": null,
"kind": "natural_person",
"person": {
"dob": null,
"name": "HENRY Nicolas",
"niss": null,
"address": "Rue Henri Marichal 28, bte 3, 1050 Ixelles"
},
"share_class": "A",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 2500,
"holder_person_name": "HENRY Nicolas",
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"n_shares_subscribed": 500,
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"is_anonymous_silent_partner": false
}
],
"capital_eur": 5000,
"subject_company": {
"kbo": "0788.436.289",
"name_full": "PULSITIVE",
"legal_form": "SRL"
},
"initial_directors": [],
"incorporation_date": "2022-06-29",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | PULSITIVE |