DATA WAVES SERVICES
ActiveSummary
DATA WAVES SERVICES has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €108,952 and a net result of €28,519. Equity is growing by ~32.2% per year across the filed fiscal years. Its solvency ranks better than 94% of 2704 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency100=
Growth60▲+7
Track record94
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10,000 at 30 days acceptable
Liquidity ample (current ratio 17.03 against 4.43 in 2024; short-term debt: 5.5% and cash: 84.8% of total assets), and 5.5% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
94.5%
Return on assets
24.7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
31 d late
2024
26 d late
2022
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 19 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Turnover
€112,243▲ 10.7%
2024 · €101,368
EBIT margin
38.4%▼ 5.4pp
2024 · 43.8%
Net result
€28,519▲ 1.5%
2024 · €28,106
Working capital
€101,153▲ 59.2%
2024 · €63,522
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202220242025
Turnover€120,732-€101,368-€112,243▲ 10.7%
Operating result€43,130-€44,395-€43,119▼ 2.9%
Net result€25,373-€28,106-€28,519▲ 1.5%
EBIT margin35.7%-43.8%-38.4%▼ 5.4pp
Equity€31,373-€80,433-€108,952▲ 35.5%
Total assets€57,166-€98,947-€115,263▲ 16.5%
Debt€25,793-€18,514-€6,311▼ 65.9%
Working capital€28,630-€63,522-€101,153▲ 59.2%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 3% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €115,263
Fixed assets
€7,799 ▼ 53.9%
Current assets
€107,464 ▲ 31.0%
Equity and liabilities €115,263
Equity
€108,952 ▲ 35.5%
Debt
€6,311 ▼ 65.9%
Debt's share of the balance-sheet total falls from 18.7% to 5.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€53,475▲
2024 · €50,012
Cash flow
€38,875▲
2024 · €33,723
Current ratio
17.03▲
2024 · 4.43
Debt to equity
0.06▼
2024 · 0.23
ROE
26.2%▼
2024 · 34.9%
ROA
24.7%▼
2024 · 28.4%
Interest coverage
197.60▲
2024 · 63.70
Debt ≤ 1 year
€6,311▼
2024 · €18,514
Income taxes
€14,330▼
2024 · €15,504
Staff costs
€1,076▲
2024 · €210
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Turnover70 | €120,732 | €101,368 | €112,243 | ▲ 10.7% |
| Goods, raw materials, services and sundry goods60/61 | €77,704 | €45,699 | €61,726 | ▲ 35.1% |
| Remuneration, social security and pensions62 | €665 | €210 | €1,076 | ▲ 412% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €734 | €5,617 | €10,356 | ▲ 84.3% |
| Other operating charges640/8 | €2,171 | €5,447 | €2,177 | ▼ 60.0% |
| Gross operating margin9900 | €46,700 | €55,669 | €56,728 | ▲ 1.9% |
| Operating profit (loss)9901 | €43,130 | €44,395 | €43,119 | ▼ 2.9% |
| Financial income75/76B | - | - | €0 | - |
| Recurring financial income75 | - | - | €0 | - |
| Financial charges65/66B | €857 | €785 | €271 | ▼ 65.5% |
| Recurring financial charges65 | €857 | €785 | €271 | ▼ 65.5% |
| Profit (loss) for the period before taxes9903 | €42,273 | €43,610 | €42,849 | ▼ 1.7% |
| Income taxes67/77 | €16,900 | €15,504 | €14,330 | ▼ 7.6% |
| Profit (loss) for the period9904 | €25,373 | €28,106 | €28,519 | ▲ 1.5% |
| Profit (loss) for the period to be appropriated9905 | €25,373 | €28,106 | €28,519 | ▲ 1.5% |
| Line | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €57,166 | €98,947 | €115,263 | ▲ 16.5% |
| Fixed assets21/28 | €2,743 | €16,911 | €7,799 | ▼ 53.9% |
| Tangible fixed assets22/27 | €2,743 | €16,911 | €7,799 | ▼ 53.9% |
| Plant, machinery and equipment23 | - | €1,100 | €986 | ▼ 10.4% |
| Furniture and vehicles24 | €2,743 | €15,811 | €6,814 | ▼ 56.9% |
| Current assets29/58 | €54,423 | €82,037 | €107,464 | ▲ 31.0% |
| Amounts receivable within one year40/41 | €15,517 | €9,123 | €9,686 | ▲ 6.2% |
| Trade receivables40 | €10,945 | €8,101 | €9,152 | ▲ 13.0% |
| Other amounts receivable41 | €4,572 | €1,023 | €534 | ▼ 47.8% |
| Cash at bank and in hand54/58 | €37,814 | €71,889 | €97,778 | ▲ 36.0% |
| Deferred charges and accrued income490/1 | €1,091 | €1,025 | - | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €57,166 | €98,947 | €115,263 | ▲ 16.5% |
| Equity10/15 | €31,373 | €80,433 | €108,952 | ▲ 35.5% |
| Contributions10/11 | €6,000 | €6,000 | €6,000 | = |
| Capital10 | €6,000 | - | - | - |
| Issued capital100 | €6,000 | - | - | - |
| Reserves13 | €25,000 | €73,000 | €98,000 | ▲ 34.2% |
| Distributable reserves133 | €25,000 | €73,000 | €98,000 | ▲ 34.2% |
| Profit (loss) carried forward14 | €373 | €1,433 | €4,952 | ▲ 246% |
| Amounts payable17/49 | €25,793 | €18,514 | €6,311 | ▼ 65.9% |
| Amounts payable within one year42/48 | €25,793 | €18,514 | €6,311 | ▼ 65.9% |
| Trade debts44 | €3,130 | €191 | €4,188 | ▲ 2,096% |
| Suppliers440/4 | €1,525 | - | €4,188 | - |
| Bills of exchange payable441 | €1,605 | €191 | - | - |
| Taxes, remuneration and social security45 | €17,214 | €16,085 | €2,123 | ▼ 86.8% |
| Taxes450/3 | €17,214 | €16,085 | €2,123 | ▼ 86.8% |
| Other amounts payable47/48 | €5,449 | €2,239 | - | - |
| Line | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €25,373 | €28,106 | €28,519 | ▲ 1.5% |
| + Depreciation and write-downs630 | €734 | €5,617 | €10,356 | ▲ 84.3% |
| Operating cash flow (approximation) | €26,107 | €33,723 | €38,875 | ▲ 15.3% |
| Investment in fixed assets (approximation) | - | - | -€1,244 | - |
| Change in cash | - | - | €25,890 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Highest result since 2022net €28,519 ▲1.5%
Net result €28,519, the highest in the series.
31-12
Financial
Liquidity quadruplescurrent ratio 17.03
Current ratio from 4.43 to 17.03; short-term debt falls from €18,514 to €6,311.
31-12
Financial
Equity above €100,000Eq €108,952 ▲35.5%
3 profitable years in a row build equity to €108,952.
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 26 days late
2024
31-12
Financial
Liquidity doublescurrent ratio 4.43
Current ratio from 2.11 to 4.43; short-term debt falls from €25,793 to €18,514.
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Jette · 1 establishment unit since 2021
Ground area
129 m²
Building footprint
67 m²
Volume, LiDAR
538 m³
Parcel 21010B0226/00T000, Brussels · tallest building 12.3 m, ±3 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
DATA WAVES SERVICES
since 20212.320.615.033
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21010B0226/00T000 | Brussels | 129 m² | 1 · 67 m² | 12.3 m · 3 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.
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Of 16,901 companies in sector 62100 we hold annual accounts for 8,775. 6,954 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
Founded26-07-2021
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
62900Other information technology and computer services
63100Computing infrastructure, data processing, hosting and related activities
63910Web portal activities
90111Literary creation
Scores and ratios are computed by Checked and are not a credit decision.