Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 54 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Pulsed from Antwerpen, company number BE0660867928, closed financial year 2025 with a result of € -4,556 after tax. For that financial year Pulsed recorded a gross margin of € 24,711 and equity of € 92,856. Compared with financial year 2024, the result moved from € -12,866 to € -4,556. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 24, 2026.
€ 92,856
▼ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4,556
▲ 65 % less loss than in 2024
Profit after tax over the fiscal year.
€ 19,622
▼ 5% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 74,789.
People and assets in 2025
€ 2,837
▲ 10% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 98,775
▼ 7% vs 2024
€ 10,100 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 2,301
▼ 59% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 13,688
▼ 50% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 105,219 | € 91,425 | € 40,265 | € 24,711 | ▼ 39% |
| Profit after taxes | € 78,215 | € 45,572 | € -12,866 | € -4,556 | ▲ € 8,311 |
| Equity | € 195,256 | € 235,278 | € 97,411 | € 92,856 | ▼ 5% |
| Total debts | € 160,436 | € 194,071 | € 182,388 | € 209,688 | ▲ 15% |
| Cash | € 17,427 | € 33,982 | € 20,604 | € 19,622 | ▼ 5% |
| Land & buildings | - | € 114,787 | € 110,362 | € 105,937 | ▼ 4% |
| Retained profit | € 176,706 | € 217,211 | € 79,345 | € 74,789 | ▼ 6% |
| Dividend | € 120,000 | € 5,067 | € 125,000 | € 0 | ▼ 100% |
| Bank debt | € 45,263 | € 128,981 | € 105,882 | € 98,775 | ▼ 7% |
| Balance sheet total | € 355,692 | € 429,349 | € 279,800 | € 302,543 | ▲ 8% |
Key figures of Pulsed, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Pulsed?
What happened at Pulsed in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 4,556. filed late Source: NBB ↗
- New establishment in Antwerpen. KBO
- Christophe Van Olmen became a director. NBB
- Isabelle Moens became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 78,215 profit in 2022 to € 4,556 loss in 2025.
Paid € 56,729 in corporate taxes since 2022.
Best year ever: 2022, with € 78,215 profit.
Paid out € 250,067 in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind Pulsed are Christophe Van Olmen and Isabelle Moens. The same people are also behind MOONEX. Christophe Van Olmen is also behind PKF Bofidi Services, PKF BOFIDI Accountants & Advisers, IMMOWE, BSD GROUP and FUTURUM-B. Isabelle Moens is also behind CenProperties.
Directors
According to the 2025 annual accounts
Christophe Van Olmen
Director
Also active at: PKF Bofidi Services, PKF BOFIDI Accountants & Advisers, IMMOWE, BSD GROUP, FUTURUM-B, MOONEX, PKF BOFIDI Consulting, BNEXT
since 2016
since 2016
Establishments
Establishment units
Physical locations of this company
Hagedoornlaan 14
2610 Antwerpen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0660.867.928
- VAT number
- BE 0660.867.928
- Registered office
- Hagedoornlaan 14, 2610 Antwerpen
- Names & denominations
- Pulsed
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 August 2016
- Peppol
- Active · Active since 1 Jan 2026
- Activities · NACE
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