ACTIVE

I-PULSES

Financial year 2025 · Closed on 31/12/2025

Net result-78,2 k €-1 920,4 %over 1 year
Gross margin1,1 M €-0,6 %over 1 year
Equity4,1 M €+174,4 %over 1 year
Workforce10,3 ETP-13,4 %over 1 year

Identity

Source · BCE/KBO

I-PULSES is a Private limited company incorporated in 2018. Its main activity is: Computer programming activities. Its registered office is in Blégny. It employs on average 10,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0690.859.437
Incorporation
22/02/2018
Legal form
Private limited company
Registered office
Esplanade De Cuyper-Beniest 5 box 2119
4671 Blégny · WallonieSee on map
Contributed capital
2 844 000,00 €
Latest accounts
31/12/2025
Average workforce
10,3 ETP
Contacts
2 public details availableLog in to view
Signals
Solid equityPositive cashflowPositive EBITDA

Financials

Source · NBB, 9 filings

Trend over 8 financial years

20252024202320222021
Income statement
Gross margin1,1 M €1,1 M €1,2 M €962 k €–
EBITDA207,3 k €180,6 k €239,3 k €141,9 k €–
Operating result31,2 k €115,5 k €102,4 k €60 k €–
Net result-78,2 k €4,3 k €21,2 k €26,2 k €–
Balance sheet
Equity4,1 M €1,5 M €1,5 M €1,1 M €–
Total assets6,7 M €5,3 M €3,8 M €3,1 M €–
Cash457,9 k €93,6 k €66,3 k €163,2 k €–
Debts2,5 M €3,7 M €2,2 M €2 M €–
Other
Workforce10,3 ETP11,9 ETP–12,6 ETP–

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 2 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Jonathan BAERS
Directorsince 21/11/2025Mandate2019 accountsended
Marc BEYENS
Directorsince 21/11/2025
NOSHAQ PARTNERS0808.219.836Represented by Laure GARDIER
Directorsince 21/11/2025
Renaud DEMARNEFFE
Directorsince 21/11/2025Mandate2019 accountsended
Vincent PARMENTIER
Directorsince 14/10/2021

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Pierre MARECHAL
Mandate2018 accountsManageruntil 28/06/2020
Pierre-Paul FARES
Mandate2019 accountsDirector2024 accounts

Other companies at this address

Esplanade De Cuyper-Beniest 5 4671 Blégny
CompanyCBE no.
0455.589.105
0893.560.535
BE MOSAN● Active
0671.957.996
DVCNT● Active
1032.221.639
0782.784.555

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelMicro modelAbridged modelAbridged modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date28/07/202629/08/202530/08/202403/08/202311/08/202210/08/2021
General meeting26/06/202625/08/202523/08/202416/06/202317/06/202218/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 9 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202526/06/202628/07/2026FrenchPDF
Abridged model31/12/202425/08/202529/08/2025FrenchPDF
Micro model31/12/202323/08/202430/08/2024FrenchPDF
Abridged model31/12/202216/06/202303/08/2023FrenchPDF
Abridged modelCorrection31/12/202117/06/202211/08/2022FrenchPDF
Abridged model31/12/202117/06/202227/06/2022FrenchPDF
Micro model31/12/202018/06/202110/08/2021FrenchPDF
Abridged model31/12/201914/08/202018/08/2020FrenchPDF
Abridged model31/12/201831/05/201903/06/2019FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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.

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 2 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Jonathan BAERS
Directorsince 21/11/2025Mandate2019 accountsended
Marc BEYENS
Directorsince 21/11/2025
NOSHAQ PARTNERS0808.219.836Represented by Laure GARDIER
Directorsince 21/11/2025
Renaud DEMARNEFFE
Directorsince 21/11/2025Mandate2019 accountsended
Vincent PARMENTIER
Directorsince 14/10/2021

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Pierre MARECHAL
Mandate2018 accountsManageruntil 28/06/2020
Pierre-Paul FARES
Mandate2019 accountsDirector2024 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates25/11/2025
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares08/10/2025
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - CAPITAL, ACTIONS
    PDF
  • Mandates09/03/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares09/06/2021
    DIVERS - CAPITAL, ACTIONS
    PDF
  • Mandates20/11/2020
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates28/06/2018
    DEMISSIONS, NOMINATIONS
    PDF
  • Other26/02/2018
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings8 filings
Mandates
NOSHAQ PARTNERS
Marc BEYENS
Jonathan BAERS
Renaud DEMARNEFFE
Vincent PARMENTIER
Pierre MARECHAL
Pierre-Paul FARES
201820192020202120222023202420252026
I-PULSES
Esplanade De Cuyper-Beniest 5 bte 2119, 4671 Saive
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Esplanade De Cuyper-Beniest 5 bte 2119, 4671 SaiveCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00345346

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
I-PULSESCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00345346

Events

  1. 2025
    Annual accounts 2025-78,2 k €↓
  2. 2024
    Annual accounts 20244,3 k €↓
  3. 2023
    Annual accounts 202321,2 k €↓
  4. 2022
    Annual accounts 202226,2 k €↑
  5. 2021
    Annual accounts 2021
  6. 2020
    Annual accounts 2020-20,6 k €↓
  7. 2019
    Annual accounts 2019105,2 k €↑
  8. 2018
    Annual accounts 201854,2 k €
  9. 22/02/2018
    IncorporationPrivate limited company