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BRAINWAVE

Active Public limited companyfounded 1994active for 31 yearsGrotesteenweg 433, 2600 AntwerpKBO/BCE: BE 0453.963.067

Lifetime

17 annual accounts with figures on one time axis, 28 filings since 1995
peak €7,905 (2017)
€1,646▼ 29.3%
lowest -€5,127 (2019)
€207▼ 77.8%
peak €26,736 (2009)
€17,014▲ 1.2%
€30,545▼ 14.1%
Board4 names since 2010
3 directors and 2 others
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from €2,328 to €1,646Result from €932 to €207Cash from €7,945 to €3,152

Key points

from the 2025 annual accounts

Equity

€17,014 ▲ 1.2%

BRAINWAVE has made a profit without a break since 2023.

Turnover

≈ €13,000 estimated

The accounts state no turnover.

Filings

28 annual accounts since 1995
AprilJune31 JulyOctober200020102020

Two of the last ten came late. The 2019 accounts came latest: 70 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 17,035 companies had the same profile as BRAINWAVE has now. Each dot stands for 43 companies, two years later.

94.4%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 17,035 companies, not a prediction for BRAINWAVE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Managing director
Director
Director
Board & ownership

Recent changes

3 directors appointed, 1 resignation, 2 reappointments Appointments: , and (managing director) · Resignation: · Reappointments: and · General meeting of 07-12-2021 · Gazette deed
First establishment BRAINWAVE NV, Grotesteenweg 433, Antwerp
Incorporation published on 30-12-1994 · Gazette deed
All 35 events

Official details

Source: KBO
Status
Active since 09-12-1994Normal situation
Activity
No activity registered in the KBO
Establishment unit
2.070.333.1582600 Antwerp, since 16-02-1995
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2025

€47,559▼ 9.2%
Filing
Filed on 31-08-2026
Financials

Insights on BRAINWAVE

BRAINWAVE files the micro format. That format states no turnover. The gross margin rose from €1,000 in 2009 to €1,646 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about BRAINWAVE

What is the company number of BRAINWAVE?
The company number of BRAINWAVE is 0453.963.067. The VAT number is the same number with BE in front: BE 0453.963.067.
Where is BRAINWAVE based?
The registered office is at Grotesteenweg 433, 2600 Antwerp.Company details
What is the legal form of BRAINWAVE?
BRAINWAVE is a public limited company (NV).
When was BRAINWAVE founded?
BRAINWAVE was founded on 09-12-1994.
Is BRAINWAVE still active?
Yes, BRAINWAVE is an active enterprise in the KBO register.
What is the turnover of BRAINWAVE?
The turnover in financial year 2025 is ≈ €13,000. This figure is estimated from the gross margin of €1,646 and 6,298 comparable companies of the same size. It probably lies between €5,700 and €30,000. It is a rough estimate. In financial year 2019 turnover was €3,500.Financials
Is BRAINWAVE profitable?
In financial year 2025, BRAINWAVE made a profit of €207.
Where can I find the annual accounts of BRAINWAVE?
BRAINWAVE filed 28 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of BRAINWAVE due?
BRAINWAVE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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