AllWaves
Annual accounts 2025
micro format, filed on 31-07-2026, on the day of the deadlineTurnover and EBIT margin are not published. The micro format does not require them.
Balance sheet
balance sheet total €2.7m on 31-12-2025in €m
in euro
Position in the sector
37.9%
Higher than 39% of 465 companies in 2025.
0.80
Higher than 17% of 455 companies in 2025.
-33.2%
Lower than 95% of 459 companies in 2025.
Net result: bottom quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: bottom quarter
Staff
€61,814
Staff costs divided by the average number of full-time equivalents.
-2 people
In 2025, 1 person joined and 3 left.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
2.7m | 3.4m | 2.5m | 1.8m | 1.6m | |
21/28 |
2.6m | 2.6m | 2.4m | 1.8m | 1.2m | |
21 |
2.6m | 2.5m | 2.3m | 1.7m | 1.1m | |
28 |
- | 63,000 | 63,000 | 63,000 | 63,000 | |
29/58 |
131,705 | 823,674 | 172,414 | 37,944 | 361,137 | |
40/41 |
29,473 | 14,597 | 32,845 | 23,051 | 48,542 | |
40 |
421 | 421 | 2,237 | 1,147 | - | |
41 |
29,052 | 14,176 | 30,608 | 21,904 | 48,542 | |
54/58 |
99,062 | 795,661 | 132,202 | 8,798 | 306,887 | |
490/1 |
3,169 | 13,415 | 7,367 | 6,096 | 5,707 | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
2.7m | 3.4m | 2.5m | 1.8m | 1.6m | |
10/15 |
1.0m | 1.9m | 2.1m | 1.5m | 1.4m | |
10/11 |
2.2m | 2.2m | 2.2m | 1.2m | 1.2m | |
14 |
-1.2m | -298,634 | -94,479 | 276,485 | 190,780 | |
17/49 |
1.7m | 1.5m | 414,268 | 314,295 | 158,993 | |
17 |
1.5m | 200,000 | - | - | - | |
170/4 |
1.5m | 200,000 | - | - | - | |
42/48 |
163,657 | 1.3m | 414,268 | 314,295 | 158,993 | |
42 |
- | - | - | 150,000 | - | |
43 |
125,000 | 1.2m | 300,000 | 125,719 | 1,008 | |
430/8 |
125,000 | 625,000 | 300,000 | 125,719 | 1,008 | |
439 |
- | 600,000 | - | - | - | |
44 |
10,216 | 50,409 | 68,811 | 38,205 | 100,125 | |
440/4 |
10,216 | 50,409 | 68,811 | 38,205 | 100,125 | |
46 |
- | - | - | - | 55,500 | |
45 |
8,441 | 32,581 | 45,457 | 372 | 2,247 | |
450/3 |
- | 3,724 | 3,290 | 372 | - | |
454/9 |
8,441 | 28,857 | 42,167 | - | 2,247 | |
47/48 |
20,000 | - | - | - | 112 | |
| Income statement | ||||||
76A |
- | - | - | 24 | - | |
9900 |
-679,376 | -437,615 | -81,781 | 258,542 | 202,376 | |
62 |
154,534 | 246,653 | 264,227 | 157,480 | 7,063 | |
630 |
- | - | - | 1,000 | - | |
640/8 |
5,863 | 2,713 | 1,138 | 463 | 856 | |
9901 |
-839,774 | -686,981 | -347,147 | 99,599 | 194,456 | |
75/76B |
139,692 | 526,251 | - | 112 | 49 | |
75 |
139,692 | 526,251 | - | 112 | 49 | |
65/66B |
194,103 | 43,079 | 23,817 | 13,635 | 3,725 | |
65 |
194,103 | 43,079 | 23,817 | 13,635 | 3,725 | |
9903 |
-894,184 | -203,808 | -370,964 | 86,076 | 190,780 | |
67/77 |
2,501 | 347 | - | 372 | - | |
9904 |
-896,685 | -204,155 | -370,964 | 85,704 | 190,780 | |
9905 |
-896,685 | -204,155 | -370,964 | 85,704 | 190,780 | |
| Appropriation of the result | ||||||
9906 |
-1.2m | -298,634 | -94,479 | 276,485 | 190,780 | |
14P |
-298,634 | -94,479 | 276,485 | 190,780 | - | |
| Social balance sheet | ||||||
9087 |
2.5 | 4.5 | 3.9 | 2.8 | 0.6 | |
Hours worked1013 |
3,203 | 5,823 | 5,175 | 4,412 | 263 | |
| Document | ||||||
The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 31-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 31-07-2026 | 2026-00364781 | |
| 31-12-2024 | micro format | 19-11-2025 | 2025-00568041 | |
| 31-12-2023 | micro format | 30-08-2024 | 2024-00428550 | |
| 31-12-2022 | micro format | 31-07-2023 | 2023-00294595 | |
| 31-12-2021 | micro format | 26-07-2022 | 2022-20222181 |
Subsidies and aid
Flemish government 2022 to 2025, 10 entries, €484,781 awarded, €476,586 paid
| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 3 | €2,820 | €102,744 |
| 2024 | 3 | €457,619 | €369,180 |
| 2023 | 1 | €19,680 | €0 |
| 2022 | 3 | €4,662 | €4,662 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| - | - | - | 100,599 | - | ||
| - | - | - | 86,704 | - | ||
| 29,951 | 238,305 | 594,553 | 565,199 | 1.2m | ||
| -696,599 | 663,460 | 123,404 | -298,089 | - | ||
| -31,952 | -484,315 | -241,855 | -276,350 | 202,144 | ||
| 37.9% | 56.0% | 83.7% | 82.6% | 89.9% | ||
| 0.80 | 0.63 | 0.42 | 0.12 | 2.27 | ||
| 1.64 | 0.79 | 0.19 | 0.21 | 0.11 | ||
| -87.6% | -10.6% | -17.5% | 5.7% | 13.5% | ||
| -33.2% | -6.0% | -14.6% | 4.7% | 12.2% | ||
| - | - | - | 7.38 | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 2 | 4 | 3 | 3 | 2 |
| full-time | 1 | 3 | 2 | 3 | 0 |
| part-time | 1 | 1 | 1 | - | 2 |
| in full-time equivalents | 1.5 | 3.5 | 2.6 | 3 | 0.6 |
| 2.5 | 4.5 | 3.9 | 2.8 | 0.2 | |
| On a permanent contract | 2 | 4 | 2 | - | 2 |
| Joined | 1 | 6 | 6 | 4 | 2 |
| Left | 3 | 5 | 6 | 3 | 0 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | - | - | €0 |
| Intangible fixed assets | €29,951 | €238,305 | €594,553 | €565,199 | €1.1m |
| Financial fixed assets | - | - | - | - | €63,000 |
| - | - | - | €1,000 | - |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on AllWaves
The operating result for 2025 is a loss of €839,774, larger than the loss of €686,981 in 2024. It is the lowest result since 2021.
Debt's share of the balance-sheet total rises from 44.0% to 62.1%. Equity is lower and debt is higher.