PIXCOM

Active

Private limited companyfounded 201214 yrs activeRue Haut Vinave(REM) 64, 4350 Remicourt, BelgiumKBO/BCE: BE 0845.746.067

PIXCOM has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €32k and a net result of €-9k. Equity is shrinking by ~16% per year across the filed fiscal years. Its solvency ranks better than 43% of 854 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

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Checked score

Score 2025

48 / 100

Fair▼ -10 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability0=

Solvency70▼-1

Growth32=

Stability100

Bankruptcy probability, 12 months

0.7% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €2k at 30 days acceptable

Liquidity tight (current ratio 1.02 against 1.09 in 2024), and 52.9% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

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 2025

Solvency, return and age of the figures

Solvency

47.1%

Return on assets

-13.2%

Age of the figures

8 mo

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Persistent losses

Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.

NBB · annual accounts 2025

Net result per financial year

22232425

2022 to 2025 · latest year -€9k

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

31 d early

2024

2 d early

2023

1 d early

2022

34 d early

2021

52 d early

2020

on the day

2019

19 d late

← before the deadline after the deadline →

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 months

Position in the running window

04-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€32k▼ 21.9%

2024 · €41k

2022: €53k 2023: €49k 2024: €41k

2022 → 2025

Total assets

€68k▼ 23.8%

2024 · €89k

2022: €127k 2023: €106k 2024: €89k

2022 → 2025

Net result

€-9k▼ 20.5%

2024 · €-7k

2022: €25k 2023: €-4k 2024: €-7k

2022 → 2025

Working capital

€773▼ 77.3%

2024 · €3k

2022: €10k 2023: €-1k 2024: €3k

2022 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2022202320242025Trend

Equity€53k-€49k▼ 7.8%€41k▼ 15.4%€32k▼ 21.9%

Operating result€39k-€-3k€-4k▼ 66.6%€-6k▼ 29.2%

Net result€25k-€-4k€-7k▼ 81.3%€-9k▼ 20.5%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €6k in 2025 against €4k in 2024; the loss grows and 2025 is the lowest year so far.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €68k

49.6%

50.4%

Fixed assets €34k▼ 27.6%

Current assets €34k▼ 19.8%

Equity and liabilities €68k

47.1%

52.9%

Equity €32k▼ 21.9%

Debt €36k▼ 25.5%

The debt ratio falls from 54.1% to 52.9%: debt falls faster than equity shrinks.

Key figures and ratios

2025 value · change against 2024

EBITDA

€7k▼

2024 · €13k

Cash flow

€4k▼

2024 · €10k

Solvency

47.1%▲

2024 · 45.9%

Current ratio

1.02▼

2024 · 1.09

Quick ratio

0.76▼

2024 · 1.02

Debt / equity

1.12▼

2024 · 1.18

ROE

-28.1%▼

2024 · -18.2%

ROA

-13.2%▼

2024 · -8.3%

Interest coverage

2.56▼

2024 · 3.96

Debt

€36k▼

2024 · €48k

Debt ≤ 1 year

€34k▼

2024 · €39k

Debt > 1 year

€3k▼

2024 · €9k

Income taxes

€630▲

2024 · €557

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

Total assets 20/58€89k€68k▼

Fixed assets 21/28€47k€34k▼

Intangible fixed assets 21€14k€11k▼

Tangible fixed assets 22/27€29k€19k▼

Financial fixed assets 28€4k€4k=

Current assets 29/58€43k€34k▼

Stocks & contracts in progress 3€3k€9k▲

Amounts receivable within one year 40/41€28k€19k▼

Cash & bank 54/58€7k€3k▼

Total equity & liabilities 10/49€89k€68k▼

Equity 10/15€41k€32k▼

Contributions / capital 10/11€19k€19k=

Reserves 13€26k€26k=

Accumulated profits (losses) 14€-4k€-13k▼

Amounts payable 17/49€48k€36k▼

Amounts payable after one year 17€9k€3k▼

Amounts payable within one year 42/48€39k€34k▼

Trade debts payable within one year 44€12k€10k▼

Income statement Code20242025

Gross operating margin 9900€15k€8k▼

Operating result 9901€-4k€-6k▼

Financial income 75€707€13▼

Financial charges 65€3k€3k▼

Result before taxes 9903€-7k€-8k▼

Income taxes 67/77€557€630▲

Net result for the period 9904€-7k€-9k▼

Result to be appropriated 9905€-7k€-9k▼

Timeline · acts, filings and financial milestones

All 12Financial 1Gazette 1Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

30-06

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

31-12

Financial Weakest financial yearnet €-9k

Net result drops to €-9k, the lowest in the series.

29-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

30-07

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

27-06

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

09-06

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

03-05

State Gazette act Director changes

2021

31-07

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

2020

19-08

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 19 days late

2019

25-07

NBB filing Annual accounts filed

fiscal year 2018 · micro schema

2018

23-08

NBB filing Annual accounts filed

fiscal year 2017 · micro schema · 23 days late

2017

20-11

NBB filing Annual accounts filed

fiscal year 2016 · micro schema · 112 days late

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

1 of 4 acts read

About the unread acts

Of the 4 Belgian State Gazette acts we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.