Equity
€21,959 from €192,883 in 2024
Equity fell by 89% in 1 year.
Pixel Fuel
Lifetime
4 annual accounts with figures on one time axispeak €145,085 (2022)
€110,013▲ 61.0%
peak €111,940 (2022)
€54,076▲ 144%
peak €192,883 (2024)
€21,959▼ 88.6%
€237,442▲ 432%
Board1 name since 2022
1 director
Documentsfilings and deeds
12-05-202680 days before the deadline
2025micro format
Gross margin from €68,348 to €110,013Result from €22,147 to €54,076Dividend €225,000Equity from €192,883 to €21,959Debts from €44,669 to €237,442Cash from €116,589 to €172,766
Key points
from the 2025 annual accountsTurnover
≈ €280,000 estimated
The micro format states no turnover.
Debts
€237,442 92% of the balance sheet
Suppliers 1%Taxes and wages 8%Other 92%
Of this, €236,524 falls due within a year.
Liquidity
0.81 was 2.96 in 2024
Short-term debts rose from €44,669 to €236,524.
Filings
4 annual accounts since 2022
The last four annual accounts were filed 32 to 80 days before the end of the period.
Position in the sector
€54,076
Higher net result than 86% of companies in publishing. Sector median €6,040 · 901 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,156 companies had the same profile as Pixel Fuel has now. Each dot stands for 6 companies, two years later.
94.1%
were still trading
2.8%
stopped another way
3.0%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,156 companies, not a prediction for Pixel Fuel. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered-office move
Board meeting of 10-02-2024 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0788621183
Incorporation
Founding capital of €2,000, 10,000 shares · Founder: · Appointment: (director) · published on 18-07-2022 · Gazette deed
First establishment
Leopold III-lei 23, Edegem
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Pixel Fuel Edegem | €259,401 | €110,013 | 8.5% | - |
| Linasa Studios Londerzeel | €240,624 | €119,305 | 10.0% | - |
| Dead Pixel Interactive Buggenhout | €193,917 | €107,058 | 8.5% | - |
| Anaxanthia Sint-Niklaas | €249,273 | €129,096 | 48.4% | - |
| TigerLily World of Wonders Mechelen | €425,160 | €47,837 | -39.7% | - |
| Personal Health Solution Ostend | €152,665 | €39,953 | 6.3% | - |
| SpookiCG Stavelot | €94,929 | €126,134 | 54.9% | - |
These companies have the same main activity as Pixel Fuel: publishing activities (NACE 58210). They are comparable in size and age: total assets between €94,900 and €425,000, founded between 2021 and 2022.
Official details
Source: KBO- Status
- Active since 14-07-2022Normal situation
- Activity
- Publishing activitiesNACE 58210and 2 others
- Establishment unit
- 2.333.590.7622650 Edegem, since 14-07-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 24-11-2023
Annual accounts 2025
- €259,401▲ 9.2%
- Filing
- Filed on 12-05-2026, 80 days before the end of the filing period
Insights on Pixel Fuel
Pixel Fuel files the micro format. That format states no turnover. The gross margin fell from €145,085 in 2022 to €110,013 in 2025.
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 Pixel Fuel
- What is the company number of Pixel Fuel?
- The company number of Pixel Fuel is 0788.621.183. The VAT number is the same number with BE in front: BE 0788.621.183.
- Where is Pixel Fuel based?
- The registered office is at Leopold III-lei 23, 2650 Edegem.Company details
- What does Pixel Fuel do?
- According to the KBO register, the main activity is publishing activities (NACE 58210).
- What is the legal form of Pixel Fuel?
- Pixel Fuel is a private limited company (BV).
- When was Pixel Fuel founded?
- Pixel Fuel was founded on 14-07-2022.
- Is Pixel Fuel still active?
- Yes, Pixel Fuel is an active enterprise in the KBO register.
- What is the turnover of Pixel Fuel?
- The turnover in financial year 2025 is ≈ €280,000. This figure is estimated from the gross margin of €110,013 and 2,204 comparable companies of the same size. It probably lies between €180,000 and €430,000. It is a rough estimate.Financials
- Is Pixel Fuel profitable?
- In financial year 2025, Pixel Fuel made a profit of €54,076.
- Where can I find the annual accounts of Pixel Fuel?
- Pixel Fuel filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Pixel Fuel due?
- Pixel Fuel must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
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