ACTIVE

PULSUS

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Financial year 2025 · closed on 31/12/2025

Net result

121,4 k €

+16.8% YoY

Gross margin

1,3 M €

+17.5% YoY

Equity

5,8 M €

+0.2% YoY

Workforce

7,8 ETP

+13.0% YoY

What does PULSUS do?

PULSUS is a Private limited company incorporated in 2016. Its main activity is: Activities of holding companies. Its registered office is in Temse. It employs on average 7,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0656.848.069

Incorporation

22/06/2016

Legal form

Private limited company

Registered office

Frank Van Dyckelaan 28
9140 Temse · FlandreSee on map

Contributed capital

3 807 920,00 €

Latest accounts

31/12/2025

Average workforce

7,8 ETP

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 9 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017
Income statement
Gross margin	1,3 M €	+17.5%	1,1 M €	+16.6%	967,8 k €	-29.8%	1,4 M €	+59.6%	863,4 k €	+2.8%	839,5 k €	+3.8%	808,8 k €	+19.1%	679,3 k €	+1347%	46,9 k €
EBITDA	371,1 k €	+2.7%	361,2 k €	+13.8%	317,5 k €	-72.7%	1,2 M €	+256%	326,4 k €	+8.1%	302 k €	+1.2%	298,5 k €	+8.8%	274,3 k €	+495%	46,1 k €
Operating result	221,4 k €	+4.3%	212,3 k €	+12.2%	189,3 k €	-81.6%	1 M €	+501%	171,4 k €	+16.6%	147 k €	-5.0%	154,8 k €	+3.7%	149,2 k €	+270%	40,3 k €
Net result	121,4 k €	+16.8%	103,9 k €	+15.3%	90,1 k €	-91.7%	1,1 M €	+159%	419,3 k €	+1409%	27,8 k €	-93.3%	416,8 k €	+1547%	25,3 k €	-86.4%	186,3 k €
Balance sheet
Equity	5,8 M €	+0.2%	5,8 M €	+1.5%	5,7 M €	+1.1%	5,6 M €	+20.6%	4,7 M €	+6.8%	4,4 M €	-2.1%	4,5 M €	+10.3%	4 M €	+1.3%	4 M €
Total assets	6,9 M €	-1.2%	7 M €	-0.9%	7,1 M €	-3.2%	7,3 M €	+4.0%	7 M €	+0.3%	7 M €	-3.7%	7,3 M €	+5.9%	6,8 M €	-8.1%	7,5 M €
Cash	178 k €	+34.8%	132 k €	+17.3%	112,6 k €	+17.7%	95,7 k €	+39.6%	68,5 k €	-23.5%	89,5 k €	+113%	42 k €	-19.2%	52 k €	+289%	13,4 k €
Debts	931,4 k €	-9.5%	1 M €	-12.3%	1,2 M €	-19.6%	1,5 M €	-24.9%	1,9 M €	-12.1%	2,2 M €	-6.2%	2,4 M €	-0.5%	2,4 M €	-31.0%	3,4 M €
Other
Workforce	7,8 ETP	+13.0%	6,9 ETP	+19.0%	5,8 ETP	+23.4%	4,7 ETP	-24.2%	6,2 ETP	-16.2%	7,4 ETP	+2.8%	7,2 ETP	+41.2%	5,1 ETP		–

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 8 ended

Active mandates

LIBRA

Director · since 11 juin 2024 · 0880.907.280

Represented by Catherine Francotte

Active

SeForAc

Director · since 11 juin 2024 · 1007.201.577

Represented by John De Meyer

Active

Ended mandates

Catherine Francotte

Director · since 24 mars 2022 · until 11 juin 2024

Ended

Catherine Francotte

Director · since 24 mars 2022 · until 13 juin 2028

Ended

John De Meyer

Director · since 24 mars 2022 · until 14 juin 2022

Ended

LIBRA

Director · since 23 octobre 2018 · 0880.907.280

Represented by John De Meyer

Ended

At this address

Other companies at this address

Company	CBE no.
De Meyer● Active	0405.019.045
DE MEYER GROEP● Active	0677.738.010
KEVAN● Active	0437.440.405

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	09/06/2026	01/07/2025	12/06/2024	14/06/2023	23/06/2022	09/06/2021
General meeting	09/06/2026	10/06/2025	11/06/2024	13/06/2023	14/06/2022	08/06/2021
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

9 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	09/06/2026	09/06/2026	Dutch	PDF
Abridged model	31/12/2024	10/06/2025	01/07/2025	Dutch	PDF
Abridged model	31/12/2023	11/06/2024	12/06/2024	Dutch	PDF
Abridged model	31/12/2022	13/06/2023	14/06/2023	Dutch	PDF
Abridged model	31/12/2021	14/06/2022	23/06/2022	Dutch	PDF
Abridged model	31/12/2020	08/06/2021	09/06/2021	Dutch	PDF
Abridged model	31/12/2019	09/06/2020	23/06/2020	Dutch	PDF
Abridged model	31/12/2018	11/06/2019	12/06/2019	Dutch	PDF
Abridged model	31/12/2017	12/06/2018	27/06/2018	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

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 · 2 active · 8 ended

Active mandates

LIBRA

Director · since 11 juin 2024 · 0880.907.280

Represented by Catherine Francotte

Active

SeForAc

Director · since 11 juin 2024 · 1007.201.577

Represented by John De Meyer

Active

Ended mandates

Catherine Francotte

Director · since 24 mars 2022 · until 11 juin 2024

Ended

Catherine Francotte

Director · since 24 mars 2022 · until 13 juin 2028

Ended

John De Meyer

Director · since 24 mars 2022 · until 14 juin 2022

Ended

LIBRA

Director · since 23 octobre 2018 · 0880.907.280

Represented by John De Meyer

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates30/07/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/07/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/07/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/04/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/12/2018
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring07/08/2018
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring07/06/2018
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Registered office08/12/2017
MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL
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 2025121,4 k €↑
2024
Annual accounts 2024103,9 k €↑
2023
Annual accounts 202390,1 k €↓
2022
Annual accounts 20221,1 M €↑
2021
Annual accounts 2021419,3 k €↑
2020
Annual accounts 202027,8 k €↓
2019
Annual accounts 2019416,8 k €↑
2018
Annual accounts 201825,3 k €↓
2017
Annual accounts 2017186,3 k €
22/06/2016
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

PULSUS

Overview

What does PULSUS do?

Trend over 9 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