Nextwave Technologies
ActiveSummary
The annual accounts of Nextwave Technologies for fiscal year 2025 show a net loss of 103% of total assets and of 62% of the equity at the start of that year. The 2025 annual accounts show equity of €12k and a net result of €-20k. Equity remains stable across the filed fiscal years (±2.4% per year). Its solvency ranks better than 53% of 17090 sector peers (fiscal year 2025). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
59
/ 100
Fair
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-87
Solvency87▼-2
Growth58▼-20
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 2.57 against 2.69 in 2024; short-term debt: 37.7% and cash: 59.8% of total assets), and 37.7% of the assets are financed with debt.
Credit check for your own amount and term
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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
62.3%
Return on assets
-103.4%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-08-2026, 14 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 · 10 filingsDeviation from the deadline
2025
14 d late
2024
26 d late
2023
14 d late
2022
31 d early
2021
26 d early
2020
24 d early
2019
7 d early
← before the deadline
after the deadline →
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-20k
2024 · €7k
2018: €-23klowest in 8 years
2019: €14k▲ +162% vs 2018highest in 8 years
2020: €764▼ -94.6% vs 2019
2021: €560▼ -26.6% vs 2020
2022: €-11k▼ -1993% vs 2021
2023: €14k▲ +231% vs 2022
2024: €7k▼ -47.7% vs 2023
2025: €-20k▼ -373% vs 2024
2018 → 2025
Working capital
€11k▼ 63.0%
2024 · €31k
2018: €11k
2019: €26k▲ +146% vs 2018
2020: €26k▼ -2.2% vs 2019
2021: €19k▼ -24.8% vs 2020
2022: €10k▼ -47.0% vs 2021lowest in 8 years
2023: €21k▲ +101% vs 2022
2024: €31k▲ +48.7% vs 2023highest in 8 years
2025: €11k▼ -63.0% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€28k-€18k▼ 37.5%€25k▲ 38.8%€32k▲ 29.7%€12k▼ 62.4%
2021: €28k
2022: €18k▼ -37.5% vs 2021
2023: €25k▲ +38.8% vs 2022
2024: €32k▲ +29.7% vs 2023highest in 5 years
2025: €12k▼ -62.4% vs 2024lowest in 5 years
Operating result€903-€-10k€14k€10k▼ 27.8%€-19k
2021: €903
2022: €-10k▼ -1211% vs 2021
2023: €14k▲ +242% vs 2022highest in 5 years
2024: €10k▼ -27.8% vs 2023
2025: €-19k▼ -284% vs 2024lowest in 5 years
Net result€560-€-11k€14k€7k▼ 47.7%€-20k
2021: €560
2022: €-11k▼ -1993% vs 2021
2023: €14k▲ +231% vs 2022highest in 5 years
2024: €7k▼ -47.7% vs 2023
2025: €-20k▼ -373% vs 2024lowest in 5 years
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €19k after €10k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €19k
Fixed assets
€590 ▼ 45.9%
Current assets
€19k ▼ 62.0%
Equity and liabilities €19k
Equity
€12k ▼ 62.4%
Debt
€7k ▼ 60.2%
Debt's share of the balance-sheet total rises from 36.4% to 37.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-18k▼
2024 · €13k
Cash flow
€-19k▼
2024 · €10k
Current ratio
2.57▼
2024 · 2.69
Debt to equity
0.61▲
2024 · 0.57
ROE
-166.1%▼
2024 · 22.9%
ROA
-103.4%▼
2024 · 14.5%
Interest coverage
-19.59▼
2024 · 66.52
Debt ≤ 1 year
€7k▼
2024 · €18k
Income taxes
€75▼
2024 · €3k
Staff costs
€32k▲
2024 · €30k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€50k€19k▼
Formation expenses20€0€0=
Fixed assets21/28€1k€590▼
Tangible fixed assets22/27€1k€590▼
Furniture and vehicles24€1k€590▼
Current assets29/58€49k€19k▼
Amounts receivable within one year40/41€33k€7k▼
Trade receivables40€27k€0▼
Other amounts receivable41€6k€7k▲
Cash at bank and in hand54/58€15k€11k▼
Deferred charges and accrued income490/1€1k€369▼
Equity and liabilities
Total equity and liabilities10/49€50k€19k▼
Equity10/15€32k€12k▼
Contributions10/11€20k€20k=
Reserves13€12k€1k▼
Non-distributable reserves130/1€1k€1k=
Reserves not available under the articles1311€1k€1k=
Distributable reserves133€11k€0▼
Profit (loss) carried forward14-€-9k
Amounts payable17/49€18k€7k▼
Amounts payable within one year42/48€18k€7k▼
Trade debts44€6k€65▼
Suppliers440/4€6k€65▼
Taxes, remuneration and social security45€12k€6k▼
Taxes450/3€6k€3k▼
Remuneration and social security454/9€6k€4k▼
Other amounts payable47/48€130€780▲
Income statement
Code20242025
Remuneration, social security and pensions62€30k€32k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€502▼
Other operating charges640/8€360€366▲
Gross operating margin9900€43k€14k▼
Operating profit (loss)9901€10k€-19k▼
Financial income75/76B€1-
Recurring financial income75€1-
Financial charges65/66B€196€937▲
Recurring financial charges65€196€937▲
Profit (loss) for the period before taxes9903€10k€-20k▼
Income taxes67/77€3k€75▼
Profit (loss) for the period9904€7k€-20k▼
Profit (loss) for the period to be appropriated9905€7k€-20k▼
Appropriation of the result
Profit (loss) to be appropriated9906€7k€-20k▼
Transfer from equity791/2-€11k
Transfer to equity691/2€7k-
To other reserves6921€7k-
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €24k | €26k | €29k | €30k | €32k | ▲ 8.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €794 | €3k | €4k | €3k | €502 | ▼ 81.9% |
| Other operating charges640/8 | €170 | €535 | €347 | €360 | €366 | ▲ 1.6% |
| Gross operating margin9900 | €26k | €20k | €47k | €43k | €14k | ▼ 67.4% |
| Operating profit (loss)9901 | €903 | €-10k | €14k | €10k | €-19k | ▼ 284% |
| Financial income75/76B | - | €3 | - | €1 | - | - |
| Recurring financial income75 | - | €3 | - | €1 | - | - |
| Financial charges65/66B | €277 | €515 | €75 | €196 | €937 | ▲ 378% |
| Recurring financial charges65 | €277 | €515 | €75 | €196 | €937 | ▲ 378% |
| Profit (loss) for the period before taxes9903 | €626 | €-11k | €14k | €10k | €-20k | ▼ 297% |
| Income taxes67/77 | €66 | €64 | €202 | €3k | €75 | ▼ 97.3% |
| Profit (loss) for the period9904 | €560 | €-11k | €14k | €7k | €-20k | ▼ 373% |
| Profit (loss) for the period to be appropriated9905 | €560 | €-11k | €14k | €7k | €-20k | ▼ 373% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €51k | €43k | €49k | €50k | €19k | ▼ 61.6% |
| Formation expenses20 | €0 | €0 | €0 | €0 | €0 | - |
| Fixed assets21/28 | €9k | €7k | €4k | €1k | €590 | ▼ 45.9% |
| Tangible fixed assets22/27 | €9k | €7k | €4k | €1k | €590 | ▼ 45.9% |
| Furniture and vehicles24 | €9k | €7k | €4k | €1k | €590 | ▼ 45.9% |
| Current assets29/58 | €42k | €36k | €45k | €49k | €19k | ▼ 62.0% |
| Amounts receivable within one year40/41 | €13k | €17k | €17k | €33k | €7k | ▼ 79.4% |
| Trade receivables40 | €7k | €12k | €11k | €27k | €0 | ▼ 100% |
| Other amounts receivable41 | €6k | €6k | €6k | €6k | €7k | ▲ 18.2% |
| Cash at bank and in hand54/58 | €29k | €19k | €28k | €15k | €11k | ▼ 22.6% |
| Deferred charges and accrued income490/1 | €143 | €52 | €82 | €1k | €369 | ▼ 71.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €51k | €43k | €49k | €50k | €19k | ▼ 61.6% |
| Equity10/15 | €28k | €18k | €25k | €32k | €12k | ▼ 62.4% |
| Contributions10/11 | €21k | €21k | €20k | €20k | €20k | = |
| Reserves13 | €7k | €0 | €5k | €12k | €1k | ▼ 90.8% |
| Non-distributable reserves130/1 | - | €0 | €1k | €1k | €1k | = |
| Reserves not available under the articles1311 | - | - | €1k | €1k | €1k | = |
| Own shares acquired1312 | - | - | €0 | - | - | - |
| Distributable reserves133 | €7k | €0 | €3k | €11k | €0 | ▼ 100% |
| Profit (loss) carried forward14 | - | €-3k | €0 | - | €-9k | - |
| Amounts payable17/49 | €23k | €26k | €24k | €18k | €7k | ▼ 60.2% |
| Amounts payable within one year42/48 | €23k | €26k | €24k | €18k | €7k | ▼ 60.2% |
| Trade debts44 | €16k | €15k | €10k | €6k | €65 | ▼ 98.9% |
| Suppliers440/4 | €16k | €15k | €10k | €6k | €65 | ▼ 98.9% |
| Taxes, remuneration and social security45 | €6k | €10k | €7k | €12k | €6k | ▼ 46.9% |
| Taxes450/3 | €2k | €3k | €4k | €6k | €3k | ▼ 56.0% |
| Remuneration and social security454/9 | €5k | €8k | €3k | €6k | €4k | ▼ 36.4% |
| Other amounts payable47/48 | €51 | €587 | €7k | €130 | €780 | ▲ 501% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €560 | €-11k | €14k | €7k | €-20k | ▼ 373% |
| + Depreciation and write-downs630 | €794 | €3k | €4k | €3k | €502 | ▼ 81.9% |
| Operating cash flow (approximation) | €1k | €-7k | €17k | €10k | €-19k | ▼ 292% |
| Investment in fixed assets (approximation) | - | €-2k | €0 | €0 | €0 | - |
| Change in cash | - | €-11k | €10k | €-14k | €-3k | ▲ 75.4% |
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
14-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 14 days late
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
14-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 14 days late
2023
31-12
Financial
Back to profitnet €14k
Net result €14k after one loss-making year.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
07-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Back to profitnet €14k
Net result €14k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 4.71
Current ratio from 1.53 to 4.71; short-term debt falls from €20k to €7k.
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
23-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
23-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Sint-Lambrechts-Woluwe · 1 establishment unit since 2013
Ground area
1,424 m²
Building footprint
357 m²
Volume, LiDAR
4,355 m³
Parcel 21018A0059/00S003, Brussels · tallest building 16.9 m, ±4 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Oeverstraat 70, 1200 Sint-Lambrechts-Woluwe
since 20132.224.383.016
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21018A0059/00S003 | Brussels | 1,424 m² | 1 · 357 m² | 16.9 m · 4 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 3,211 companies in sector 62900 we hold annual accounts for 1,742. 943 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
Founded29-11-2013
Fiscal year end31-12
Activities, NACEBEL 2025
62900Other information technology and computer services
74120Graphic design and visual communication
Scores and ratios are computed by Checked and are not a credit decision.