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CompuWave

Active
Private limited companyfounded 198837 yrs activeRésidence Les Vanneaux 8, 7640 Antoing, BelgiumKBO/BCE: BE 0436.020.938
Summary

CompuWave has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €52,057 and a net result of €8,755. Equity is growing by ~14.9% per year across the filed fiscal years. Its solvency ranks better than 83% of 8969 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability87▲+11
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,500 at 30 days acceptable
Liquidity ample (current ratio 6.74 against 4.9 in 2023; short-term debt: 14.5% and cash: 74.4% of total assets), and 14.9% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 37 years 0 40 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-07-2025, 8 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
8 d early
2023
29 d early
2022
3 d early
2021
14 d early
2020
3 d early
2019
26 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 5 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

CompuWave was incorporated on 17 December 1988.1 Total assets rose from EUR 23,709 in 2018 to EUR 61,146 in 2024 and headcount from 1 to 1 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€52,057▲ 20.2%
2023 · €43,303
Total assets
€61,146▲ 12.8%
2023 · €54,205
Net result
€8,755▲ 176%
2023 · €3,177
Working capital
€50,965▲ 19.7%
2023 · €42,565
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€21,874€1,921▼ 91.2%€1,279▼ 33.4%€3,402▲ 166%€12,366▲ 263%
Net result€21,707within the sector's middle half€1,863within the sector's middle half▼ 91.4%€1,084within the sector's middle half▼ 41.8%€3,177within the sector's middle half▲ 193%€8,755within the sector's middle half▲ 176%
Equity€37,179within the sector's middle half▲ 140%€39,042within the sector's middle half▲ 5.0%€40,126within the sector's middle half▲ 2.8%€43,303within the sector's middle half▲ 7.9%€52,057within the sector's middle half▲ 20.2%
Total assets€45,420below the sector's middle half▲ 52.4%€45,093below the sector's middle half▼ 0.7%€54,642below the sector's middle half▲ 21.2%€54,205below the sector's middle half▼ 0.8%€61,146within the sector's middle half▲ 12.8%
Debt€8,241▼ 42.5%€6,051▼ 26.6%€14,516▲ 140%€10,903▼ 24.9%€9,089▼ 16.6%
Working capital€30,995within the sector's middle half▲ 386%€33,157within the sector's middle half▲ 7.0%€37,148within the sector's middle half▲ 12.0%€42,565within the sector's middle half▲ 14.6%€50,965within the sector's middle half▲ 19.7%
Solvency81.9%above the sector's middle half▲ 29.9pp86.6%above the sector's middle half▲ 4.7pp73.4%within the sector's middle half▼ 13.1pp79.9%above the sector's middle half▲ 6.5pp85.1%above the sector's middle half▲ 5.2pp
Current ratio4.86above the sector's middle half▲ 3.416.50above the sector's middle half▲ 1.643.56within the sector's middle half▼ 2.944.90above the sector's middle half▲ 1.346.74above the sector's middle half▲ 1.83
Return on assets (ROA)47.8%above the sector's middle half▲ 52.5pp4.1%within the sector's middle half▼ 43.7pp2.0%within the sector's middle half▼ 2.1pp5.9%within the sector's middle half▲ 3.9pp14.3%within the sector's middle half▲ 8.5pp
Staff (FTE)1within the sector's middle half=1=1=0.9▼ 10.0%1▲ 11.1%
above within below the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10,000€20,000Operating result 2020: €21,874€21,874Net result 2020: €21,707€21,707Operating result 2021: €1,921€1,921Net result 2021: €1,863€1,863Operating result 2022: €1,279€1,279Net result 2022: €1,084€1,084Operating result 2023: €3,402€3,402Net result 2023: €3,177€3,177Operating result 2024: €12,366€12,366Net result 2024: €8,755€8,75520202021202220232024€0€5,000€10,000Operating result 2022: €1,279€1,280Net result 2022: €1,084€1,080Operating result 2023: €3,402€3,400Net result 2023: €3,177€3,180Operating result 2024: €12,366€12,400Net result 2024: €8,755€8,750202220232024
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 263% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €61,146
Fixed assets €1,298 ▲ 75.8%
Current assets €59,848 ▲ 11.9%
Equity and liabilities €61,146
Equity €52,057 ▲ 20.2%
Debt €9,089 ▼ 16.6%
Debt's share of the balance-sheet total falls from 20.1% to 14.9%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€13,266▲
2023 · €5,642
Cash flow
€9,655▲
2023 · €5,416
Quick ratio
6.29▲
2023 · 4.44
Debt to equity
0.17▼
2023 · 0.25
ROE
16.8%▲
2023 · 7.3%
Interest coverage
286.41▲
2023 · 121.80
Debt ≤ 1 year
€8,883▼
2023 · €10,903
Income taxes
€3,597▲
2023 · €206
Staff costs
€22,104▼
2023 · €33,897
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 31,349 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.4% went bankrupt
5.9% stopped otherwise
93% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 31,349 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 44 lines
Balance sheet Code20232024
Assets
Total assets20/58€54,205€61,146▲
Fixed assets21/28€738€1,298▲
Tangible fixed assets22/27€738€1,298▲
Land and buildings22€17-
Furniture and vehicles24€721€1,298▲
Current assets29/58€53,467€59,848▲
Stocks and contracts in progress3€5,049€3,990▼
Stocks30/36€5,049€3,990▼
Amounts receivable within one year40/41€5,665€8,828▲
Trade receivables40€5,665€8,828▲
Cash at bank and in hand54/58€41,593€45,465▲
Deferred charges and accrued income490/1€1,160€1,566▲
Equity and liabilities
Total equity and liabilities10/49€54,205€61,146▲
Equity10/15€43,303€52,057▲
Contributions10/11€18,592€18,592=
Reserves13€1,859€1,859=
Non-distributable reserves130/1€1,859€1,859=
Reserves not available under the articles1311€1,859€1,859=
Profit (loss) carried forward14€22,851€31,606▲
Amounts payable17/49€10,903€9,089▼
Amounts payable within one year42/48€10,903€8,883▼
Trade debts44€6,899€4,648▼
Suppliers440/4€6,899€4,648▼
Taxes, remuneration and social security45€3,852€4,236▲
Taxes450/3€2,441€4,236▲
Remuneration and social security454/9€1,411-
Other amounts payable47/48€151-
Accrued charges and deferred income492/3-€205
Income statement Code20232024
Remuneration, social security and pensions62€33,897€22,104▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,240€900▼
Other operating charges640/8€513€319▼
Gross operating margin9900€40,052€35,690▼
Operating profit (loss)9901€3,402€12,366▲
Financial income75/76B€26€31▲
Recurring financial income75€26€31▲
Non-recurring financial income76B€26€31▲
Financial charges65/66B€46€46=
Recurring financial charges65€46€46=
Profit (loss) for the period before taxes9903€3,382€12,351▲
Income taxes67/77€206€3,597▲
Profit (loss) for the period9904€3,177€8,755▲
Profit (loss) for the period to be appropriated9905€3,177€8,755▲
Appropriation of the result
Profit (loss) to be appropriated9906€22,851€31,606▲
Profit (loss) brought forward from the previous period14P€19,675€22,851▲

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Remuneration, social security and pensions62-€24,608€24,285€33,897€22,104▼ 34.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,709€3,107€3,664€2,240€900▼ 59.8%
Other operating charges640/8-€358€364€513€319▼ 37.8%
Gross operating margin9900€44,340€29,994€29,592€40,052€35,690▼ 10.9%
Operating profit (loss)9901€21,874€1,921€1,279€3,402€12,366▲ 263%
Financial income75/76B-€111-€26€31▲ 18.9%
Recurring financial income75-€111-€26€31▲ 18.9%
Non-recurring financial income76B---€26€31▲ 18.9%
Financial charges65/66B-€29€42€46€46=
Recurring financial charges65€36€29€42€46€46=
Profit (loss) for the period before taxes9903€21,837€2,003€1,237€3,382€12,351▲ 265%
Income taxes67/77€130€140€153€206€3,597▲ 1,649%
Profit (loss) for the period9904€21,707€1,863€1,084€3,177€8,755▲ 176%
Profit (loss) for the period to be appropriated9905€21,707€1,863€1,084€3,177€8,755▲ 176%
Line20202021202220232024Change
Assets
Total assets20/58€45,420€45,093€54,642€54,205€61,146▲ 12.8%
Fixed assets21/28€6,390€5,904€2,978€738€1,298▲ 75.8%
Tangible fixed assets22/27€6,390€5,904€2,978€738€1,298▲ 75.8%
Land and buildings22-€3,681€1,137€17--
Furniture and vehicles24-€2,223€1,841€721€1,298▲ 79.9%
Current assets29/58€39,030€39,189€51,664€53,467€59,848▲ 11.9%
Stocks and contracts in progress3€3,797€4,847€3,858€5,049€3,990▼ 21.0%
Stocks30/36-€4,847€3,858€5,049€3,990▼ 21.0%
Amounts receivable within one year40/41€8,365€6,375€6,869€5,665€8,828▲ 55.8%
Trade receivables40-€3,152€4,978€5,665€8,828▲ 55.8%
Other amounts receivable41-€3,223€1,890---
Cash at bank and in hand54/58€25,571€26,798€39,897€41,593€45,465▲ 9.3%
Deferred charges and accrued income490/1-€1,168€1,041€1,160€1,566▲ 35.0%
Equity and liabilities
Total equity and liabilities10/49€45,420€45,093€54,642€54,205€61,146▲ 12.8%
Equity10/15€37,179€39,042€40,126€43,303€52,057▲ 20.2%
Contributions10/11€18,592€18,592€18,592€18,592€18,592=
Outside capital11-€18,592----
Other1109/19-€18,592----
Reserves13€1,859€1,859€1,859€1,859€1,859=
Non-distributable reserves130/1-€1,859€1,859€1,859€1,859=
Reserves not available under the articles1311-€1,859€1,859€1,859€1,859=
Profit (loss) carried forward14€16,728€18,591€19,675€22,851€31,606▲ 38.3%
Amounts payable17/49€8,241€6,051€14,516€10,903€9,089▼ 16.6%
Amounts payable within one year42/48€8,035€6,032€14,516€10,903€8,883▼ 18.5%
Trade debts44€4,392€5,891€11,173€6,899€4,648▼ 32.6%
Suppliers440/4-€5,891€11,173€6,899€4,648▼ 32.6%
Taxes, remuneration and social security45-€140€3,343€3,852€4,236▲ 9.9%
Taxes450/3-€140€1,868€2,441€4,236▲ 73.5%
Remuneration and social security454/9--€1,474€1,411--
Other amounts payable47/48---€151--
Accrued charges and deferred income492/3-€19--€205-
Line20202021202220232024Change
Profit (loss) for the period9904€21,707€1,863€1,084€3,177€8,755▲ 176%
+ Depreciation and write-downs630€2,709€3,107€3,664€2,240€900▼ 59.8%
Operating cash flow (approximation)€24,416€4,969€4,747€5,416€9,655▲ 78.3%
Investment in fixed assets (approximation)--€2,621-€737€0-€1,460-
Change in cash-€1,227€13,098€1,697€3,871▲ 128%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
23-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
02-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
28-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
17-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
28-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Back to profitnet €21,707
Net result €21,707 after one loss-making year.
31-12
Financial Liquidity triplescurrent ratio 4.86
Current ratio from 1.44 to 4.86; short-term debt falls from €14,329 to €8,035.
26-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 26 days late
2019
31-12
Financial Weakest financial yearnet -€1,399
Net result drops to -€1,399, the lowest in the series; recovery starts the following year.
04-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 4 days late
2018
13-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 13 days late
2017
26-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
12-08
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 12 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antoing · 1 establishment unit since 1988
seat establishment The establishment unit on the map
Ground area
925 m²
Building footprint
196 m²
Volume, LiDAR
800 m³
Parcel 57051A0473/00K003, Wallonia · tallest building 5.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
COMPUWAVE
Résidence Les Vanneaux 8, 7640 AntoingScientific research and development
since 19882.041.301.949
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
57051A0473/00K003 Wallonia 925 m² 1 · 196 m² 5.6 m · 1 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 2,711 companies in sector 73200 we hold annual accounts for 1,787. 1,171 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded17-12-1988
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
73200Market research and public opinion polling
E-invoicing
Reachable via Peppol
Peppol ID 0208:0436020938
Also 9925:BE0436020938
Registered 13-11-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.