Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 2 of the last 3 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 14 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
55 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Pulse from Oudergem, company number BE0802595519, closed financial year 2025 with a result of € -447,383 after tax. For that financial year Pulse recorded a gross margin of € -441,995 and equity of € -546,624. Compared with financial year 2024, the result moved from € -154,512 to € -447,383. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 26, 2026.
€ -546,624
▼ € 447,383 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -447,383
▼ 190 % more loss than in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -608,124.
Debts at end 2025
€ 477,577
Loans from banks and other lenders, long and short.
€ 134,895
▼ 21% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | - | € -154,520 | € -441,995 | ▼ € 287,475 |
| Profit after taxes | € -6,229 | € -154,512 | € -447,383 | ▼ € 292,871 |
| Equity | € 55,271 | € -99,241 | € -546,624 | ▼ € 447,383 |
| Total debts | € 5,706 | € 185,526 | € 633,173 | ▲ 241% |
| Cash | € 60,977 | - | - | |
| Retained profit | € -6,229 | € -160,741 | € -608,124 | ▼ € 447,383 |
| Bank debt | € 0 | € 0 | € 477,577 | |
| Balance sheet total | € 60,977 | € 86,285 | € 86,549 |
Key figures of Pulse, fiscal years 2023 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 Pulse?
What happened at Pulse in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- MSQ SRL stepped down as director. NBB
- Valérie VAN BRABANT stepped down as director. NBB
- Jacques LEFEVRE stepped down as director. NBB
- TROREMA SRL stepped down as director. NBB
- CONSULTON SNC stepped down as director. NBB
- Bruno LAMBRECHT stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 447,383. Source: NBB ↗
- Bruno LAMBRECHT became a director. NBB
In short
From € 6,229 loss in 2023 to € 447,383 loss in 2025.
A new publication or filing at Pulse? We notify you, reason included.
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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
The stake of AANNEMINGSMAATSCHAPPIJ CFE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PulseThe shares are held by CFE CONTRACTING SA (100%) and AANNEMINGSMAATSCHAPPIJ CFE (100%).
Directors
According to the 2025 annual accounts
Director · represented by FABIEN DE JONGE
Also active at: Van Laere, V.M.A., BPI SAMAYA, MOBIX, Brantegem, BPC Group, VMA SUD, Mobix Engetec +19 more
since 2024 · until 2030
Valérie VAN BRABANT
Director
since 2024 · until 2030
Jacques LEFEVRE
Director
Also active at: BPI Real Estate Belgium, PROMOTION LEOPOLD, IMMOANGE, BPI PURE SA, VICTOR BARA, VICTOR SPAAK, WOLIMMO, Debrouckère Development +6 more
since 2024 · until 2030
Director · represented by Raymund TROST
Also active at: Groep Terryn Construct, TERRYN TIMBER PRODUCTS, Van Laere, V.M.A., MOBIX, MBG, GROEP TERRYN, BPC Group +12 more
since 2024 · until 2030
Director · represented by Peter MATTON
Also active at: V.M.A., Brantegem, VMA be.Maintenance, VMA SUD
since 2024 · until 2030
since 2026 · until 2030
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Edmond Van Nieuwenhuyselaan 30
1160 Oudergem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 55 companies are registered at this address.
All companies at this address →AANNEMINGSMAATSCHAPPIJ CFE same network
€ 2.6 million revenue · 2025
Groep Terryn Construct same network
TERRYN TIMBER PRODUCTS same network
€ 3.1 million revenue · 2025
BPI SAMAYA same network
€ 14,721 gross margin · 2025
GROEP TERRYN same network
€ 1 million revenue · 2025
+50 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0802.595.519
- VAT number
- BE 0802.595.519
- Registered office
- Edmond Van Nieuwenhuyselaan 30, 1160 Oudergem
- Names & denominations
- Pulse
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 9 June 2023
- Peppol
- Active · Active since 2 May 2025
- Activities · NACE
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