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nWave Studios

Active Public limited companyfounded 1990active for 36 yearsBondgenotenstraat 282, 1190 ForestKBO/BCE: BE 0441.838.364 subsidiary of #4 company by total assets in Forest, Publishing and media sector

Lifetime

16 annual accounts with figures on one time axis, 35 filings since 1991
peak €1.7m (2020)
€1.6m▲ 19.0%
lowest -€44,135 (2019)
-€1,083▼ €14,451
peak €8.8m (2016)
€2.9munchanged
€10.6m▼ 55.8%
peak 5.2 FTE (2025)
5.2 FTE▲ 36.8%
Board14 names since 2017all names
6 directors and 5 others
Owners3 names in the annual accounts
13%
Documentsfilings and deeds
10-09-202641 days late
2025financial year
Turnover from €1.3m to €1.6mLoss of €1,083Staff from 3.8 FTE to 5.2 FTE1 statutory auditor appointed, 1 director appointed 21-03Debts from €23.9m to €10.6mCash from €245,705 to €420,897

Key points

from the 2025 annual accounts

Equity

€2.9m from €8.8m in 2016

Equity fell by 67% in 9 years.

Debts

€10.6m 79% of the balance sheet
Financial debts 11%Suppliers 1%Taxes and wages 2%Other 85%

Staff

5 employees on 31-12-2025
112022332024432025

In 2025, 4 people joined and 3 left. On top of that, 1 agency workers worked there on average.

Payment terms

52 days to suppliers
Suppliers
2418 to 52
Customers
1137 to 143

nWave Studios pays its suppliers 2,366 days earlier than in 2024. Customers pay 994 days earlier.

Filings

35 annual accounts since 1991
AprilJune31 JulyOctober200020102020

The 2025 accounts came 41 days late. The other nine of the last ten were filed on time.

Position in the sector

€2.9m

More equity than 80% of companies in film, video and music. Sector median €392,942 · 232 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

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Signals

Board and ownership

Managing director
Director, since 30-12-2022
Director, , since 30-12-2022
Director
Director
Auditor
and 1 other
  • 51%equity €3.0m (2022) · 2022 annual accounts of
  • 37.02%bankrupt since 12-02-2026equity €9.5m (2024) · 2024 annual accounts of
  • 13%score equity €47.3m (2025) · 2025 annual accounts of

Shares in 3 companies, including and

Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0441838364
1 statutory auditor appointed, 1 director appointed (statutory auditor) and (representative) · Permanent representatives: and · General meeting of 16-10-2024 · Gazette deed
Amendment of the articles General meeting of 14-12-2022 · Gazette deed
2 directors appointed and · Permanent representative: · General meeting of 30-12-2022 · Gazette deed
All 54 events

Comparable companies

same main activity, similar in size and age
Company
nWave Studios Forest €1.6m 14.7% 21.4% 5.2
SCOPE PICTURES Brussels €1.8m -15.1% 1.3% 3.8
Kinepolis Film Distribution Brussels €5.4m -14.5% 23.5% 5.9
CAVIAR ANTWERP Mechelen €6.7m 11.2% 29.7% 6.1
NEED PRODUCTIONS Sint-Gillis (bij-Brussel) €2.1m 2.1% 93.8% 5.3
uFund Brussels €5.5m 9.3% 21.8% 8.2
ARTEMIS PRODUCTIONS Schaerbeek - - 12.3% 6.2
-10%0%10%20%€50,000€500,000€5m€50mnWave StudiosEBIT margin

Grey: the largest companies of the sector (film, video and music (NACE 59)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as nWave Studios: production of cinema films (NACE 59111). They are comparable in size and age: total assets between €3.4m and €37m, founded between 1991 and 2005.

Official details

Source: KBO
Status
Active since 21-10-1990Normal situation
Activity
Production of cinema filmsNACE 59111and 1 other
Joint committee
227Audiovisual sector · annual accounts 2025
Establishment unit
2.050.384.3171190 Forest, since 23-11-1990
Financial year end
31 December
Peppol
Reachable since 21-10-2026
Company details

Annual accounts 2025

€13.5m▼ 49.8%
Employeeson 31-12-2025
5▲ 25.0%
Filing
Filed on 10-09-2026
Financials

Companies linked to nWave Studios

Subsidiaries and holdings

  • 100%

Insights on nWave Studios

nWave Studios has existed since 1990. In 2020 turnover rose from €841,985 to €1.7m. On 1 January 2020 nWave Studios absorbed nWave Pictures in a merger.

Solvency rose in 2025 from 10.8% to 21.4% because of lower debts.

holds 51% of the shares. In September 2022, the Official Gazette published the appointment of as managing director.

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 nWave Studios

What is the company number of nWave Studios?
The company number of nWave Studios is 0441.838.364. The VAT number is the same number with BE in front: BE 0441.838.364.
Where is nWave Studios based?
The registered office is at Bondgenotenstraat 282, 1190 Forest.Company details
What does nWave Studios do?
According to the KBO register, the main activity is production of cinema films (NACE 59111).
What is the legal form of nWave Studios?
nWave Studios is a public limited company (NV).
When was nWave Studios founded?
nWave Studios was founded on 21-10-1990.
Is nWave Studios still active?
Yes, nWave Studios is an active enterprise in the KBO register.
How many employees does nWave Studios have?
nWave Studios had an average of 5.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does nWave Studios fall under?
In its 2025 annual accounts, nWave Studios states joint committee 227 (Audiovisual sector).
What is the turnover of nWave Studios?
The turnover of nWave Studios was €1.6m in financial year 2025, according to the filed annual accounts.
Is nWave Studios profitable?
In financial year 2025, nWave Studios made a loss of €1,083.
Where can I find the annual accounts of nWave Studios?
nWave Studios filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of nWave Studios due?
nWave Studios must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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