ACTIVE

PULSAR IMMO

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Financial year 2025 · closed on 31/12/2025

Net result

47,7 k €

-3.8% YoY

Gross margin

89,9 k €

-4.8% YoY

Equity

187,6 k €

-44.4% YoY

What does PULSAR IMMO do?

PULSAR IMMO is a Private limited company incorporated in 2003. Its registered office is in Wavre.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0859.787.709

Incorporation

04/08/2003

Legal form

Private limited company

Registered office

Avenue Pasteur 17
1300 Wavre · WallonieSee on map

Contributed capital

30 552,00 €

Latest accounts

31/12/2025

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDA

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
Gross margin	89,9 k €	-4.8%	94,4 k €	+1.4%	93 k €	-1.5%	94,5 k €	-0.5%	95 k €	+3.3%	92 k €	-3.1%	94,9 k €	+8.9%	87,2 k €	+5.0%	83 k €	-1.0%	83,8 k €	+2.1%	82,1 k €	-0.4%	82,5 k €	+1.5%	81,2 k €	-0.4%	81,6 k €	+6.3%	76,7 k €	-0.2%	76,8 k €	+0.1%	76,8 k €	+0.1%	76,7 k €	-0.2%	76,8 k €	-0.3%	77 k €
EBITDA	80,7 k €	-5.6%	85,5 k €	+1.2%	84,5 k €	-2.5%	86,7 k €	-0.8%	87,4 k €	+3.5%	84,4 k €	-4.2%	88,2 k €	+12.5%	78,3 k €	+2.4%	76,5 k €	-1.2%	77,5 k €	+2.3%	75,7 k €	-0.5%	76 k €	+1.7%	74,7 k €	-0.9%	75,4 k €	+6.6%	70,7 k €	-0.4%	71 k €	+0.1%	70,9 k €	-0.2%	71 k €	-1.7%	72,3 k €	-0.3%	72,5 k €
Operating result	68,5 k €	-6.5%	73,3 k €	+1.4%	72,3 k €	-3.8%	75,2 k €	-0.7%	75,7 k €	+4.1%	72,7 k €	-4.3%	75,9 k €	+14.9%	66,1 k €	+2.8%	64,3 k €	-1.4%	65,2 k €	+2.8%	63,4 k €	-0.5%	63,7 k €	+3.5%	61,6 k €	+1.9%	60,4 k €	+7.9%	56 k €	+1.3%	55,3 k €	+1.3%	54,6 k €	+1.9%	53,6 k €	+0.0%	53,6 k €	+2.2%	52,5 k €
Net result	47,7 k €	-3.8%	49,6 k €	+1.2%	49 k €	-4.0%	51,1 k €	-0.7%	51,4 k €	+4.2%	49,4 k €	+1.8%	48,5 k €	+15.6%	41,9 k €	+10.2%	38 k €	-4.1%	39,7 k €	+4.0%	38,1 k €	+2.5%	37,2 k €	+2.2%	36,4 k €	+1.7%	35,8 k €	+14.1%	31,4 k €	+1.3%	31 k €	+13.7%	27,2 k €	+2.8%	26,5 k €	+5.1%	25,2 k €	+11.1%	22,7 k €
Balance sheet
Equity	187,6 k €	-44.4%	337,4 k €	+2.3%	329,7 k €	+3.4%	318,7 k €	+8.5%	293,6 k €	+10.1%	266,6 k €	+5.9%	251,8 k €	+23.8%	203,4 k €	-17.7%	247 k €	+18.2%	208,9 k €	+14.2%	183 k €	+15.4%	158,5 k €	+30.7%	121,3 k €	-2.5%	124,4 k €	+4.9%	118,6 k €	+10.6%	107,2 k €	+21.5%	88,2 k €	+14.6%	77 k €	+9.2%	70,5 k €	+8.0%	65,2 k €
Total assets	338,1 k €	-0.2%	338,7 k €	+2.2%	331,5 k €	+2.4%	323,8 k €	+9.6%	295,5 k €	+9.5%	269,9 k €	+5.8%	255 k €	-6.4%	272,4 k €	-3.4%	282,1 k €	-3.7%	293 k €	-3.1%	302,4 k €	-5.6%	320,5 k €	-23.5%	418,7 k €	+22.9%	340,7 k €	-3.6%	353,6 k €	-4.9%	371,9 k €	-1.4%	377,1 k €	-5.3%	398,3 k €	-8.4%	434,7 k €	-4.0%	453 k €
Cash	147,9 k €	+664%	19,4 k €	-84.0%	121,2 k €	+14.5%	105,9 k €	+62.2%	65,3 k €	+133%	28 k €	+426%	5,3 k €	-49.4%	10,5 k €	+32.7%	7,9 k €	+19.6%	6,6 k €	+79.7%	3,7 k €	-60.9%	9,4 k €	-90.2%	96,2 k €	+1706%	5,3 k €	-2.1%	5,4 k €	-43.9%	9,7 k €	+149%	3,9 k €	-55.6%	8,8 k €	-68.4%	27,8 k €	+3.8%	26,8 k €
Debts	150,4 k €	+12770%	1,2 k €	-32.9%	1,7 k €	-65.1%	5 k €	+177%	1,8 k €	-42.9%	3,2 k €	+2.1%	3,1 k €	-95.5%	69 k €	+96.8%	35 k €	-58.3%	84 k €	-29.5%	119,3 k €	-26.3%	161,8 k €	-45.6%	297,3 k €	+37.5%	216,1 k €	-7.9%	234,7 k €	-11.2%	264,5 k €	-8.4%	288,7 k €	-10.1%	321,1 k €	-11.8%	364,1 k €	-6.0%	387,5 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 7 ended

Active mandates

Michel GOOSSENS

Director · since 19 août 2020

Active

Tudor IVANOV

Director · since 19 août 2020

Active

Ended mandates

Michel GOOSSENS

Administrator - manager · since 04 août 2003

Ended

Michel GOOSSENS

Manager · since 04 août 2003

Ended

Michem GOOSSENS

Manager · since 04 août 2003

Ended

Tudor IVANOV

Administrator - manager · since 04 août 2003

Ended

At this address

Other companies at this address

Company	CBE no.
PULSAR CONSULTING● Active	0464.074.427

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	18/02/2026	11/06/2025	13/06/2024	11/07/2023	26/07/2022	28/06/2021
General meeting	04/02/2026	29/05/2025	30/05/2024	25/05/2023	26/05/2022	27/05/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	04/02/2026	18/02/2026	French	PDF
Abridged model	31/12/2024	29/05/2025	11/06/2025	French	PDF
Abridged model	31/12/2023	30/05/2024	13/06/2024	French	PDF
Abridged model	31/12/2022	25/05/2023	11/07/2023	French	PDF
Abridged model	31/12/2021	26/05/2022	26/07/2022	French	PDF
Abridged model	31/12/2020	27/05/2021	28/06/2021	French	PDF
Abridged model	31/12/2019	28/05/2020	24/06/2020	French	PDF
Abridged model	31/12/2018	31/05/2019	20/08/2019	French	PDF
Abridged model	31/12/2017	31/05/2018	04/07/2018	French	PDF
Abridged model	31/12/2016	25/05/2017	27/06/2017	French	PDF
Abridged model	31/12/2015	26/05/2016	26/05/2016	French	PDF
Abridged model	31/12/2014	28/05/2015	05/06/2015	French	PDF
Abridged model	31/12/2013	30/05/2014	04/06/2014	French	PDF
Abridged model	31/12/2012	30/05/2013	28/06/2013	French	PDF
Abridged model	31/12/2011	31/05/2012	01/06/2012	French	PDF
Abridged model	31/12/2010	26/05/2011	27/05/2011	French	PDF
Abridged model	31/12/2009	27/05/2010	31/05/2010	French	PDF
Abridged model	31/12/2008	28/05/2009	29/05/2009	French	PDF
Abridged model	31/12/2007	29/05/2008	30/05/2008	French	PDF
Abridged model	31/12/2006	31/05/2007	04/06/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 7 ended

Active mandates

Michel GOOSSENS

Director · since 19 août 2020

Active

Tudor IVANOV

Director · since 19 août 2020

Active

Ended mandates

Michel GOOSSENS

Administrator - manager · since 04 août 2003

Ended

Michel GOOSSENS

Manager · since 04 août 2003

Ended

Michem GOOSSENS

Manager · since 04 août 2003

Ended

Tudor IVANOV

Administrator - manager · since 04 août 2003

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates31/08/2020
MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Capital / shares12/07/2018
CAPITAL, ACTIONS
PDF
Capital / shares30/12/2013
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Other04/08/2003
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
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 202547,7 k €↓
2024
Annual accounts 202449,6 k €↑
2023
Annual accounts 202349 k €↓
2022
Annual accounts 202251,1 k €↓
2021
Annual accounts 202151,4 k €↑
2020
Annual accounts 202049,4 k €↑
2019
Annual accounts 201948,5 k €↑
2018
Annual accounts 201841,9 k €↑
2017
Annual accounts 201738 k €↓
2016
Annual accounts 201639,7 k €↑
2015
Annual accounts 201538,1 k €↑
2014
Annual accounts 201437,2 k €↑
2013
Annual accounts 201336,4 k €↑
2012
Annual accounts 201235,8 k €↑
2011
Annual accounts 201131,4 k €↑
2010
Annual accounts 201031 k €↑
2009
Annual accounts 200927,2 k €↑
2008
Annual accounts 200826,5 k €↑
2007
Annual accounts 200725,2 k €↑
2006
Annual accounts 200622,7 k €
04/08/2003
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 IMMO

Overview

What does PULSAR IMMO 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