LIGHTWAVE
ActiveLIGHTWAVE is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €1.26M and a net result of €404k. Equity is growing by ~34.8% per year across the filed fiscal years. Its solvency ranks better than 51% of 5487 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 03-07-2025, 120 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
120 d early
2024
34 d early
2023
159 d early
2022
104 d early
2021
109 d early
2020
44 d early
2019
37 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close12-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.26M▲ 23.3%
2024 · €1.02M
2019: €209k
2020: €368k
2021: €619k
2022: €969k
2023: €695k
2024: €1.02M
2019 → 2025
Net result
€404k▲ 22.9%
2024 · €329k
2019: €-41k
2020: €158k
2021: €251k
2022: €352k
2023: €227k
2024: €329k
2019 → 2025
Total assets
€2.38M▲ 18.6%
2024 · €2.01M
2019: €902k
2020: €1.96M
2021: €1.91M
2022: €2.04M
2023: €2.00M
2024: €2.01M
2019 → 2025
Solvency
53.0%▲ 2.0pp
2024 · 51.0%
2019: 23.2%
2020: 18.8%
2021: 32.3%
2022: 47.5%
2023: 34.7%
2024: 51.0%
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€619k-€969k▲ 56.6%€695k▼ 28.2%€1.02M▲ 47.3%€1.26M▲ 23.3%
Operating result€353k-€485k▲ 37.5%€329k▼ 32.1%€489k▲ 48.5%€265k▼ 45.8%
Net result€251k-€352k▲ 40.1%€227k▼ 35.5%€329k▲ 44.9%€404k▲ 22.9%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 46% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.38M
Fixed assets
€1.71M▼ 2.9%
Current assets
€672k▲ 172%
Equity and liabilities €2.38M
Equity
€1.26M▲ 23.3%
Debt
€1.12M▲ 13.7%
The debt ratio falls from 49.0% to 47.0%: equity grows faster than debt.
Key figures and ratios
Solvency
53.0%▲
2024 · 51.0%
ROE
32.0%▼
2024 · 32.1%
ROA
16.9%▲
2024 · 16.4%
Debt
€1.12M▲
2024 · €985k
Debt ≤ 1 year
€238k▲
2024 · €79k
Debt > 1 year
€822k▼
2024 · €857k
Income taxes
€45k▼
2024 · €104k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.01M€2.38M▲
Fixed assets21/28€1.76M€1.71M▼
Tangible fixed assets22/27€791k€741k▼
Land and buildings22€687k€670k▼
Furniture and vehicles24€104k€71k▼
Financial fixed assets28€971k€971k=
Current assets29/58€247k€672k▲
Amounts receivable within one year40/41€660€106k▲
Trade receivables40€660€51k▲
Other amounts receivable41€0€55k▲
Cash at bank and in hand54/58€243k€562k▲
Deferred charges and accrued income490/1€4k€4k▲
Equity and liabilities
Total equity and liabilities10/49€2.01M€2.38M▲
Equity10/15€1.02M€1.26M▲
Contributions10/11€250k€250k=
Reserves13€774k€1.01M▲
Distributable reserves133€774k€1.01M▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€985k€1.12M▲
Amounts payable after more than one year17€857k€822k▼
Financial debts170/4€857k€822k▼
Amounts payable within one year42/48€79k€238k▲
Current portion of amounts payable after more than one year42€35k€35k=
Trade debts44€1k€1k▲
Suppliers440/4€1k€1k▲
Taxes, remuneration and social security45€30k€36k▲
Taxes450/3€30k€29k▼
Remuneration and social security454/9€0€7k▲
Other amounts payable47/48€13k€165k▲
Accrued charges and deferred income492/3€50k€61k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€50k€50k=
Other operating charges640/8€5k€4k▼
Gross operating margin9900€544k€319k▼
Operating profit (loss)9901€489k€265k▼
Financial income75/76B€0€250k▲
Recurring financial income75€0€250k▲
Financial charges65/66B€56k€65k▲
Recurring financial charges65€56k€65k▲
Profit (loss) for the period before taxes9903€432k€449k▲
Income taxes67/77€104k€45k▼
Profit (loss) for the period9904€329k€404k▲
Profit (loss) for the period to be appropriated9905€329k€404k▲
Appropriation of the result
Profit (loss) to be appropriated9906€329k€404k▲
Transfer from equity791/2€0€165k▲
Transfer to equity691/2€329k€404k▲
To other reserves6921€329k€404k▲
Profit to be distributed694/7€0€165k▲
Return on contributions (dividend)694€0€165k▲
Social balance
Average headcount (FTE)90870.0-
The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial
Highest result since 2019net €404k ▲22.9%
Net result €404k, the highest in the series.
2024
27-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
31-03
Financial
Liquidity quadruplescurrent ratio 3.14
Current ratio from 0.73 to 3.14; short-term debt falls from €259k to €79k.
31-03
Financial
Equity above €1MEq €1.02M ▲47.3%
5 profitable years in a row build equity to €1.02M.
2023
25-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
14-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
31-03
Financial
Equity above €500kEq €619k ▲68.3%
2 profitable years in a row build equity to €619k.
2020
17-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
31-03
Financial
Back to profitnet €158k
Net result €158k after one loss-making year.
2019
24-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Beernem · 1 establishment unit since 2017
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Beekstraat 518730 BeernemGround area
1,334 m²
Building footprint
225 m²
Volume, LiDAR
1,360 m³
Parcel 31021E0738/00C000, Flanders · tallest building 10.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LIGHTWAVE
since 20172.266.957.997
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31021E0738/00C000 | Flanders | 1,334 m² | 1 · 225 m² | 10.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
OTHAELA
BE 0861.861.628
Kaprijke · Eq €1.26M
HOLDING BRION
BE 0777.779.454
Comines-Warneton · Eq €1.26M
HOLDING BERBEN
BE 0636.911.205
Grâce-Hollogne · Eq €1.26M
B-CORE GROUP
BE 0681.680.267
Aalst · Eq €1.26M
GROENVUUR
BE 0719.443.060
Kapelle-op-den-Bos · Eq €1.26M
Of 24,640 companies in sector 64210 we hold annual accounts for 19,689. 12,115 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-08-2017
Fiscal year end31-03
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
64300Financial service activities, except insurance and pension funding
64310Financial service activities, except insurance and pension funding
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.