6 directorsHidden nameVisible after signing in and 5 others
Owners3 names in the annual accounts
13%Hidden nameVisible after signing in
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 appointed21-03Debts from €23.9m to €10.6mCash from €245,705 to €420,897
More equity than 80% of companies in film, video and music. Sector median €392,942 · 232 companies.
Checked score
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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Credit verdict
Credit verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Credit check for an amount and term of your choice
Name after signing inVisible after signing in 51%equity €3.0m (2022) · 2022 annual accounts of Name hiddenVisible after signing in
Hidden nameVisible after signing in 37.02%bankrupt since 12-02-2026equity €9.5m (2024) · 2024 annual accounts of Name after signing inVisible after signing in
Name hiddenVisible after signing in 13%score XXVisible after signing inequity €47.3m (2025) · 2025 annual accounts of Name after signing inVisible after signing in
Shares in 3 companies, including Name hiddenVisible after signing in and Hidden nameVisible after signing in
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0441838364
1 statutory auditor appointed, 1 director appointedHidden nameVisible after signing in (statutory auditor) and Name after signing inVisible after signing in (representative) · Permanent representatives: Name hiddenVisible after signing in and Hidden nameVisible after signing in · General meeting of 16-10-2024 · Gazette deed
Amendment of the articles
General meeting of 14-12-2022 · Gazette deed
2 directors appointedName after signing inVisible after signing in and Name hiddenVisible after signing in · Permanent representative: Hidden nameVisible after signing in · General meeting of 30-12-2022 · Gazette deed
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
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.
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.
Name hiddenVisible after signing in holds 51% of the shares. In September 2022, the Official Gazette published the appointment of Hidden nameVisible after signing in as managing director.