Painting with Light
ActiveFrom the official registers: KBO 27 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
Painting with Light has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.2m and a net result of -€113,840. Equity has been growing by about 7.2% per year since 2018. Its solvency ranks better than 44% of 642 sector peers (NACE 90, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Official details
KBO- Status
- Active since 18-01-1999 Normal situation
- Activity
- Specialised image, lighting and sound technical services NACE 90393and 7 others
- Establishment unit
- 2.090.450.562 3600 Genk, since 18-07-2000
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Board and ownership
- PWL Group BVDirector
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
- Gross margin
- €1.5m
- ▼ 3.4%
- Turnover
- ≈ €2.6m
- estimated
- Loss
- €113,840
- ▲ 17×
- Equity
- €1.2m
- ▼ 10.1%
- Total assets
- €3.2m
- ▼ 12.2%
- Staff
- 16.8 FTE
- ▲ 5.0%
Score breakdownraises riskLoss of €113,840, the second in a row (financial year 2025)Size: 16.8 FTE, total assets €3.2mlowers riskFigures for financial year 2025 (filed on 15-06-2026)Sector: Arts creation and performing arts activities (NACE 90)Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 90, small). It does better than 38% of them on solvency, 32% on liquidity, 18% on profitability and 19% on growth.
The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 7 accounts on average 42 days before the deadline. In the sector (NACE 90), the median for financial year 2024 was 4 days before the deadline, and 38% of those companies filed late.
Searched, nothing found (2)
Key points
- Caution: Result fell in 2025from -€6,750 to -€113,840 ▼ 1,587% View
- Caution: Lower net result than 91% of companies in creative and performing artssector median €12,387 · 645 companies -€113,840 View
- Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
- Caution: 2 loss-making years in a rowloss in financial year 2025 -€113,840 View
- Flemish supportawarded from 2022 to 2025 €60,259 View
Comparable companies
These companies have the same main activity as Painting with Light: specialised image, lighting and sound technical services (NACE 90393). They are comparable in size and age: total assets between €2m and €4.9m, founded between 1985 and 2004.
| Company | Total assets | Gross margin |
|---|---|---|
| Painting with Light Genk | €3.2m | €1.5m |
| TRX Antwerpen | €2.5m | €1.6m |
| CITY SOUNDS RENT Evergem | €2.7m | €1.9m |
| DEUSJEVOO Genk | €3.4m | €1.0m |
| GSV Verhuur Dessel | €4.9m | €1.7m |
| WIELS CENTRE D'ARTS CONTEMPORAINS - CENTRUM VOOR HEDENDAAGSE KUNST Vorst | €2.0m | €1.6m |
| AMPLI Boortmeerbeek | €3.3m | €2.1m |
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 10-06-2026
- Annual accounts 2024filed on 26-06-2025
- Annual accounts 2023filed on 26-06-2024
- Annual accounts 2022filed on 21-06-2023
Acts in the Belgian Official Gazette
All publications in the Belgian Official GazetteArticles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
Key facts about Painting with Light
- What is the company number of Painting with Light?
- The company number of Painting with Light is 0465.286.234. The VAT number is the same number with BE in front: BE 0465.286.234.
- Where is Painting with Light based?
- The registered office is at C-Mine 127, 3600 Genk.Company details
- What does Painting with Light do?
- According to the KBO register, the main activity is specialised image, lighting and sound technical services (NACE 90393).
- What is the legal form of Painting with Light?
- The legal form of Painting with Light is Private limited company (BV).
- When was Painting with Light founded?
- Painting with Light was founded on 18-01-1999.
- Is Painting with Light still active?
- Yes, Painting with Light is an active enterprise in the KBO register.
- How many employees does Painting with Light have?
- Painting with Light had an average of 16.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of Painting with Light?
- The turnover in financial year 2025 is ≈ €2.6m. This figure is estimated from the gross margin of €1.5m and 1,586 comparable companies of the same size. It probably lies between €1.7m and €4.3m. It is a rough estimate.
- Is Painting with Light profitable?
- In financial year 2025, Painting with Light made a loss of €113,840.
- Where can I find the annual accounts of Painting with Light?
- Painting with Light filed 27 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
- When are the next annual accounts of Painting with Light due?
- Painting with Light must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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