ACTIVE

PULSAR - IT (SRL)

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Financial year 2025 · closed on 31/12/2025

Net result

-694,8 k €

+5.4% YoY

Revenue

1,2 M €

+26.8% YoY

Equity

308,9 k €

+131.0% YoY

Workforce

0,0 ETP

What does PULSAR - IT do?

PULSAR - IT is a Private limited company incorporated in 2002. Its main activity is: Computer programming activities. Its registered office is in Bruxelles.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0478.561.772

Incorporation

14/10/2002

Legal form

Private limited company

Registered office

Avenue du Port 86C box 309
1000 Bruxelles · BruxellesSee on map

Contributed capital

899 200,32 €

Latest accounts

31/12/2025

Average workforce

0,0 ETP

Activities (NACE)

62010Computer programming activities· main 62100Computer programming, consultancy and related activities 72220Research and experimental development on social sciences and humanities

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	1,2 M €	+26.8%	967,4 k €	+35.5%	713,9 k €		–		–		–		–		–		–		–		–		–		–		101,1 k €	-27.8%	140 k €	-2.9%	144,2 k €	+0.1%	144 k €	-11.5%	162,7 k €	+11.9%	145,4 k €	+122%	65,4 k €
EBITDA	-308,9 k €	+35.5%	-479 k €	-56.6%	-305,9 k €	-196%	-103,5 k €	-186%	119,8 k €	+112%	56,4 k €	+38239%	147,2 €	-99.3%	20,5 k €	+93.2%	10,6 k €	-49.2%	20,9 k €	-74.5%	81,7 k €	-16.7%	98,1 k €	+825%	-13,5 k €	-127%	49,8 k €	-43.4%	87,9 k €	+3.8%	84,7 k €	+9.7%	77,2 k €	-26.5%	105 k €	+9.9%	95,5 k €	+159%	36,9 k €
Operating result	-634,4 k €	+6.7%	-679,7 k €	-92.1%	-353,8 k €	-232%	-106,4 k €	-207%	99,9 k €	+181%	35,5 k €	+335%	-15,1 k €	-388%	5,2 k €	+474%	-1,4 k €	-119%	7,4 k €	-89.1%	68,2 k €	-12.8%	78,2 k €	+335%	-33,4 k €	-209%	30,6 k €	-56.8%	70,8 k €	+5.2%	67,3 k €	+3.4%	65,1 k €	-30.1%	93,1 k €	+11.5%	83,5 k €	+225%	25,7 k €
Net result	-694,8 k €	+5.4%	-734,8 k €	-99.6%	-368,1 k €	-242%	-107,6 k €	-248%	72,5 k €	+151%	28,9 k €	+260%	-18,1 k €	-760%	2,7 k €	+172%	-3,8 k €	-209%	3,5 k €	-91.5%	41 k €	-31.4%	59,8 k €	+265%	-36,3 k €	-290%	19,2 k €	-59.5%	47,3 k €	+8.9%	43,4 k €	+4.3%	41,6 k €	-29.6%	59,2 k €	+15.4%	51,3 k €	+205%	16,8 k €
Balance sheet
Equity	308,9 k €	+131%	-996,3 k €	-281%	-261,5 k €	-345%	106,6 k €	-50.2%	214,3 k €	+51.1%	141,8 k €	-14.5%	165,9 k €	-9.8%	183,9 k €	+1.5%	181,2 k €	-2.1%	185 k €	+1.9%	181,5 k €	+25.2%	145 k €	+99.7%	72,6 k €	-33.4%	108,9 k €	+21.3%	89,8 k €	+100%	44,9 k €	-41.3%	76,4 k €	+77.0%	43,2 k €	+0.4%	43 k €	-53.1%	91,7 k €
Total assets	1,1 M €	+26.9%	833,7 k €	+43.1%	582,5 k €	+127%	256,9 k €	-19.6%	319,4 k €	+30.2%	245,3 k €	+30.8%	187,5 k €	-28.0%	260,4 k €	+0.3%	259,7 k €	-10.5%	290,3 k €	-2.3%	297,1 k €	+20.2%	247,1 k €	+52.7%	161,8 k €	-22.2%	208,1 k €	-1.5%	211,4 k €	-4.8%	221,9 k €	+18.5%	187,2 k €	-14.0%	217,8 k €	-5.5%	230,4 k €	-2.6%	236,6 k €
Cash	111,1 k €	-21.7%	142 k €	-11.0%	159,5 k €	+13.9%	140 k €	+10.7%	126,5 k €	+1077%	10,7 k €	-91.0%	120 k €	+14.2%	105,1 k €	-10.5%	117,4 k €	-10.5%	131,1 k €	+4637%	2,8 k €	-6.0%	2,9 k €	-46.9%	5,5 k €	-43.5%	9,8 k €	-59.2%	24,1 k €	-32.5%	35,6 k €	+38.7%	25,7 k €	+20.3%	21,4 k €	+136%	9,1 k €	-55.6%	20,4 k €
Debts	407,4 k €	-74.0%	1,6 M €	+125%	694,9 k €	+637%	94,3 k €	+27.6%	73,9 k €	-1.9%	75,3 k €	+296%	19 k €	-74.3%	73,8 k €	-2.7%	75,9 k €	-23.9%	99,7 k €	-9.2%	109,8 k €	+11.5%	98,5 k €	+14.2%	86,2 k €	-7.4%	93,1 k €	-20.5%	117,2 k €	-31.7%	171,4 k €	+62.1%	105,7 k €	-38.4%	171,7 k €	-6.9%	184,4 k €	+32.8%	138,8 k €
Other
Workforce	0,0 ETP		0,0 ETP		0,0 ETP		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

WILDCARD CONCEPTS

Director · since 25 mai 2022 · 0882.549.550

Represented by Quaghebeur Peter

Active

Ended mandates

Niek Bartholomes

Manager

Ended

NIEK BARTHOLOMEUS

Director

Ended

NIEK BARTHOLOMEUS

Manager

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	11/05/2026	03/04/2025	21/06/2024	30/06/2023	12/05/2022	31/08/2021
General meeting	21/04/2026	31/03/2025	17/06/2024	19/06/2023	08/05/2022	21/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	21/04/2026	11/05/2026	Dutch	PDF
Abridged model	31/12/2024	31/03/2025	03/04/2025	Dutch	PDF
Abridged model	31/12/2023	17/06/2024	21/06/2024	Dutch	PDF
Abridged model	31/12/2022	19/06/2023	30/06/2023	Dutch	PDF
Micro model	31/12/2021	08/05/2022	12/05/2022	Dutch	PDF
Micro model	31/12/2020	21/06/2021	31/08/2021	Dutch	PDF
Micro model	31/12/2019	15/06/2020	02/09/2020	Dutch	PDF
Micro model	31/12/2018	17/06/2019	30/08/2019	Dutch	PDF
Micro model	31/12/2017	18/06/2018	28/08/2018	Dutch	PDF
Micro model	31/12/2016	19/06/2017	16/08/2017	Dutch	PDF
Abridged model	31/12/2015	20/06/2016	17/08/2016	Dutch	PDF
Abridged model	31/12/2014	15/06/2015	31/07/2015	Dutch	PDF
Abridged model	31/12/2013	16/06/2014	31/07/2014	Dutch	PDF
Abridged model	31/12/2012	17/06/2013	29/07/2013	Dutch	PDF
Abridged modelCorrection	31/12/2011	16/06/2012	08/08/2012	Dutch	PDF
Abridged model	31/12/2011	16/06/2012	31/07/2012	Dutch	PDF
Abridged model	31/12/2010	19/06/2011	24/08/2011	Dutch	PDF
Abridged model	31/12/2009	19/06/2010	23/07/2010	Dutch	PDF
Abridged model	31/12/2008	15/06/2009	26/08/2009	Dutch	PDF
Abridged model	31/12/2007	16/06/2008	31/07/2008	Dutch	PDF
Abridged model	31/12/2006	18/06/2007	30/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

WILDCARD CONCEPTS

Director · since 25 mai 2022 · 0882.549.550

Represented by Quaghebeur Peter

Active

Ended mandates

Niek Bartholomes

Manager

Ended

NIEK BARTHOLOMEUS

Director

Ended

NIEK BARTHOLOMEUS

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other19/12/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN
PDF
Mandates24/09/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/06/2024
ONTSLAGEN - BENOEMINGEN
PDF
Other16/02/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Mandates12/07/2022
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares05/06/2020
KAPITAAL - AANDELEN - WIJZIGING RECHTSVORM - DIVERSEN
PDF
Capital / shares01/09/2014
KAPITAAL - AANDELEN
PDF
Other21/10/2002
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025-694,8 k €↑
2024
Annual accounts 2024-734,8 k €↓
2023
Annual accounts 2023-368,1 k €↓
2022
Annual accounts 2022-107,6 k €↓
2021
Annual accounts 202172,5 k €↑
2020
Annual accounts 202028,9 k €↑
2019
Annual accounts 2019-18,1 k €↓
2018
Annual accounts 20182,7 k €↑
2017
Annual accounts 2017-3,8 k €↓
2016
Annual accounts 20163,5 k €↓
2015
Annual accounts 201541 k €↓
2014
Annual accounts 201459,8 k €↑
2013
Annual accounts 2013-36,3 k €↓
2012
Annual accounts 201219,2 k €↓
2011
Annual accounts 201147,3 k €↑
2010
Annual accounts 201043,4 k €↑
2009
Annual accounts 200941,6 k €↓
2008
Annual accounts 200859,2 k €↑
2007
Annual accounts 200751,3 k €↑
2006
Annual accounts 200616,8 k €
14/10/2002
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

PULSAR - IT (SRL)

Overview

What does PULSAR - IT do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline