ACTIVE

Pulsar Power

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Financial year 2025 · closed on 31/12/2025
Net result
-577,9 k €
-59.8% YoY
Gross margin
-200,4 k €
-183.7% YoY
Equity
-300,3 k €
+58.4% YoY
Workforce
1,0 ETP
-88.0% YoY

What does Pulsar Power do?

Pulsar Power is a Private limited company incorporated in 2021. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Nazareth-De Pinte. It employs on average 1,0 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0761.928.565
Incorporation
22/01/2021
Legal form
Private limited company
Registered office
Begoniastraat 34
9810 Nazareth-De Pinte · FlandreSee on map
Contributed capital
1 281 000,00 €
Latest accounts
31/12/2025
Average workforce
1,0 ETP
Activities (NACE)
71121Engineering activities and related technical consultancy· main71121Engineering activities and related technical consultancy46180Agents specialised in the sale of other particular products46180Agents specialised in the sale of other particular products64200Activities of holding companies64210Activities of holding companies+12
Joint committees (2)
  • 200
  • 2000
Contacts
2 public details availableLog in to view
Signals
Healthy social debts
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 4 financial years

2025202420232022
Income statement
Gross margin-200,4 k €239,4 k €64,4 k €487,9 k €
EBITDA-365,7 k €-151,4 k €-529,9 k €39,1 k €
Operating result-528,4 k €-319,3 k €-626 k €23,6 k €
Net result-577,9 k €-361,7 k €-656,1 k €14,4 k €
Balance sheet
Equity-300,3 k €-722,4 k €-360,7 k €15,4 k €
Total assets852,4 k €1 M €1 M €591,3 k €
Cash24,2 k €27,6 k €52,4 k €136,4 k €
Debts1,2 M €1,8 M €1,1 M €575,9 k €
Other
Workforce1,0 ETP8,3 ETP8,3 ETP3,7 ETP
Governance

Board of directors

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

Active mandates

Jean-Michel Baetslé

Director · since 14 février 2025

Active

Ended mandates

NAVITAS PROJECTS

Director · since 19 janvier 2021 · 0717.625.301

Represented by Guy Vandendungen

Ended
OLIVA TECHNICS

Director · since 19 janvier 2021 · until 30 juin 2023 · 0828.293.193

Represented by Alessio Oliva

Ended
NAVITAS PROJECTS

Director · 0717.625.301

Represented by Guy VANDENDUNGEN

Ended
At this address

Other companies at this address

CompanyCBE no.
PERPETUM ENERGY● Active
0893.005.754
PerPetum Europe● Active
0803.299.857
PerPetum Group● Active
1015.605.539
PERPETUM INFRA 4BE● Active
0766.988.995
Annual accounts

Full financial information

2025202420232022
Type of accountAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202321/01/2021
Closing of the financial year31/12/202531/12/202431/12/202331/12/2022
Length of the financial year12 months12 months12 months24 months
Filing date07/08/202625/07/202519/08/202417/07/2023
General meeting07/08/202630/06/202530/06/202430/06/2023
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

4 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202507/08/202607/08/2026DutchPDF
Abridged model31/12/202430/06/202525/07/2025DutchPDF
Abridged model31/12/202330/06/202419/08/2024DutchPDF
Abridged model31/12/202230/06/202317/07/2023DutchPDF
Estimate

Indicative valuation

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

Jean-Michel Baetslé

Director · since 14 février 2025

Active

Ended mandates

NAVITAS PROJECTS

Director · since 19 janvier 2021 · 0717.625.301

Represented by Guy Vandendungen

Ended
OLIVA TECHNICS

Director · since 19 janvier 2021 · until 30 juin 2023 · 0828.293.193

Represented by Alessio Oliva

Ended
NAVITAS PROJECTS

Director · 0717.625.301

Represented by Guy VANDENDUNGEN

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other14/08/2025
    DIVERSEN
    PDF
  • Registered office18/03/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates28/02/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office27/03/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other10/10/2023
    DIVERSEN
    PDF
  • Mandates24/08/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/08/2023
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other26/01/2021
    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

Timeline

  1. 2025
    Annual accounts 2025-577,9 k €↓
  2. 2024
    Annual accounts 2024-361,7 k €↑
  3. 2023
    Annual accounts 2023-656,1 k €↓
  4. 2022
    Annual accounts 202214,4 k €
  5. 22/01/2021
    IncorporationPrivate limited company