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Pixel Path

Active Private limited companyfounded 2023active for 3 yearsAdriaan Willaertstraat 23, 2650 EdegemKBO/BCE: BE 0802.585.522
Pixel Path
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Overview

Lifetime

3 annual accounts with figures on one time axis
peak €9,330 (2024)
-€16,679▼ €26,009
lowest -€16,374 (2025)
-€16,374▼ €42,611
peak €32,256 (2024)
€15,881▼ 50.8%
€14,531▼ 20.8%
Board1 name since 2023
1 director
Documentsfilings and deeds
09-07-202622 days before the deadline
2025micro format
Gross margin from €9,330 to -€16,679Loss of €16,374Equity from €32,256 to €15,881Debts from €18,346 to €14,531Cash from €10,231 to €1,933

Key points

from the 2025 annual accounts

Liquidity

1.96 was 3.00 in 2024

Short-term debts fell from €15,815 to €14,531.

Position in the sector

-€16,374

Lower net result than 92% of companies in computer programming and consultancy. Sector median €28,023 · 22,049 companies.

Turnover not published (micro format)

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 3,234 companies had the same profile as Pixel Path has now. Each dot stands for 9 companies, two years later.

87.5%
were still trading
9.0%
stopped another way
3.3%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more

Another 0.2% 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 3,234 companies, not a prediction for Pixel Path. 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

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
  • 1,200 sharesdeed of 13-06-2023
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0802585522
Incorporation Founding capital of €6,000, 1,200 shares · Founder: (comparant) · Appointment: (director) · published on 13-06-2023 · Gazette deed
First establishment Adriaan Willaertstraat 23, Edegem
All 9 events

Comparable companies

same main activity, similar in size and age
Company
Pixel Path Edegem €30,412 -€16,679 52.2% -
Emixa Application Solutions Antwerp €30,726 -€1,174 -313.8% -
GLOBI Inc. Antwerp €27,718 -€6,296 72.9% -
Consultancy Nuyts Meerhout €36,017 -€5,890 39.2% -
DevIno Wuustwezel €32,835 -€10,947 -29.9% -
ALGORITHMIC ARTS Mortsel €28,263 -€1,179 79.4% -
Namespace Tervuren €31,710 €759 9.8% -

These companies have the same main activity as Pixel Path: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €27,700 and €36,000, founded between 2022 and 2024.

Official details

Source: KBO
Status
Active since 09-06-2023Normal situation
Activity
Computer consultancy and computer facilities managementNACE 62200
Establishment unit
2.345.960.6382650 Edegem, since 09-06-2023
Financial year end
31 December
Peppol
Reachable since 17-12-2024
Company details

Annual accounts 2025

-€16,679
€16,374
€15,881▼ 50.8%
€30,412▼ 39.9%
Filing
Filed on 09-07-2026, 22 days before the end of the filing period
Financials

Insights on Pixel Path

Pixel Path files the micro format. That format states no turnover. The gross margin fell from €644 in 2023 to -€16,679 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 09-07-2026, 22 days before the deadline
-€16,679
▼ €26,009
-€18,167
▼ €26,706
-€16,374
▼ €42,611
€13,883
▼ 56.0%
52.2%
▼ 11.5 percentage points
1.96
▼ 1.04

Turnover and EBIT margin are not published. The micro format does not require them.

Balance sheet

balance sheet total €30,412 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

52.2%

Higher than 43% of 22,044 companies in 2025.

1.96

Higher than 42% of 21,344 companies in 2025.

-53.8%

Lower than 95% of 21,535 companies in 2025.

Pixel Path Middle half of the sector 80% of the sector Micro accounts in computer programming and consultancy (NACE 62)

Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202520242023
Balance sheet: assets
20/58 30,41250,60222,098
21/28 1,9983,199-
22/27 1,9983,199-
23 548866-
24 1,4492,333-
29/58 28,41447,40322,098
40/41 3,2663,09910,326
40 1,9472,4698,111
41 1,3196302,215
50/53 23,21533,5638,354
54/58 1,93310,2313,342
490/1 050976
Balance sheet: equity and liabilities
10/49 30,41250,60222,098
10/15 15,88132,2566,019
10/11 6,0006,0006,000
14 9,88126,25619
17/49 14,53118,34616,079
42/48 14,53115,81516,079
44 2,1874,82912,245
440/4 2,1874,82912,245
45 7,5357,4033,833
450/3 7,5357,4033,833
47/48 4,8093,583-
492/3 02,531-
Income statement
9900 -16,6799,330644
630 1,201404-
640/8 287387163
9901 -18,1678,539481
75/76B 161,38388,33613
75 161,38388,33613
65/66B 159,45863,23623
65 159,45863,23623
9903 -16,24233,639472
67/77 1327,403453
9904 -16,37426,23619
9905 -16,37426,23619
Appropriation of the result
9906 9,88126,25619
14P 26,25619-
Document PDFPDFPDF

The notes to these accounts have 13 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 09-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 09-07-2026 2026-00272830 PDF
31-12-2024 micro format 24-07-2025 2025-00309001 PDF
31-12-2023 micro format 15-07-2024 2024-00244092 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202520242023
-16,9668,943-
-15,17426,640-
03,603-
-8,2986,889-
13,88331,5886,019
52.2%63.7%27.2%
1.963.001.37
0.910.572.67
-103.1%81.3%0.3%
-53.8%51.8%0.1%
-0.110.14-

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item202520242023
Tangible fixed assets-€3,603-
Financial fixed assets€0--
€1,201€404-

Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)

Insights on Pixel Path

The operating result for 2025 is a loss of €18,167, after a profit of €8,539 in 2024. It is the lowest result since 2023.

Debt's share of the balance-sheet total rises from 36.3% to 47.8%. Equity and debt are lower.

Board & ownership

Board

1 director, since incorporation
Director (not named in the articles)
appointed by deed of 13-06-2023 term without a fixed end
listed in the 2025 annual accounts, filed on 09-07-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 13-06-2023

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today

Director (not named in the articles)
Board
Mandates as a list
    • Director (not named in the articles), from 09-06-2023 to date

See the board, name and registered office on a given date →

Control

Founder
This company
Pixel Path
Equity €15,881
Loss €16,374 in 2025

Capital

Contribution
€6,000
Shares
1,200
Contribution per share
€5
Equity per share
€13.23 in 2025
Source
deed of 13-06-2023

Articles of association

deed of 13-06-2023 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
“Algemene Vergadering: Organisatie en bijeenroeping Ieder jaar wordt een gewone algemene vergadering van aandeelhouders gehouden op de zetel…”
Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor

Shareholders

At incorporation deed of 13-06-2023 ↗
  • 1,200 shares (100%) · €6,000

Network & group

No group

Pixel Path has no parent and no holdings in its annual accounts. is the only director. Pixel Path shares no director with another company.

Timeline

Timeline

9 events since 2023

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 22 days before the deadline
2025
Weakest financial year net -€16,374 The net result drops to -€16,374, the lowest from 2023 to 2025.
Annual accounts 2024 filed PDFmicro format · 7 days before the deadline
2024
Highest result from 2023 to 2025 net €26,236 ▲136,192% The operating result of €8,539 and the net result of €26,236 are both a record.
Liquidity more than doubled current ratio 3.00 The current ratio rises from 1.37 to 3.00. Short-term debt falls from €16,079 to €15,815.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0802585522
Annual accounts 2023 filed PDFmicro format · 16 days before the deadline
2023
IncorporationFounding capital of €6,000, 1,200 shares · Founder: (comparant) · Appointment: (director) · published on 13-06-20235 points ▸
  • Founder, (comparant)
  • Founding capital, €6,000, 1,200 shares
  • Registered office clause, Adriaan Willaertstraat 23, 2650 Edegem
  • Board rule, 1
  • Director appointment, (director (not named in the articles))
  • The deed holds 3 more points.

Open the deed in the Belgian Official Gazette

First establishment Adriaan Willaertstraat 23, Edegem

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

Pixel Path was incorporated on 9 June 2023 as a private limited company by one natural person, with a starting capital of €6,000.12 is director of the company, appointed by deed of 13-06-2023.2 Total assets rose from €22,098 in 2023 to €30,412 in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 13-06-2023
  3. 3National Bank, annual accounts 2023 and 2025

Company details

Identity

Enterprise number
0802.585.522
VAT number
BE 0802.585.522
Peppol ID
0208:0802585522
Other Peppol ID
9925:BE0802585522
LEI code
254900RSXPG1G7936A21 no longer live in the LEI register
Legal form
Private limited company
Status
Active, normal situation
Founded
09-06-2023
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
“Algemene Vergadering: Organisatie en bijeenroeping Ieder jaar wordt een gewone algemene vergadering van aandeelhouders gehouden op de zetel…”
deed of 13-06-2023 (in Dutch)
Peppol
Reachable since 17-12-2024Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
Pixel Path in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 13-06-2023 (in Dutch)
Name clauseThe company operates under this name according to its articles.
Pixel Path
deed of 13-06-2023 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 13-06-2023 (in Dutch)

Activities

NACEBEL 2025
62200 Computer consultancy and computer facilities management main activity
Codes under NACEBEL 2008
62020 IT consultancy main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Alle mogelijke advies- en/of dienstenfuncties op het vlak van grafische informatie; Consultancy,opleiding,technische expertise en bijstand…”
3 activities
  1. Alle mogelijke advies- en/of dienstenfuncties op het vlak van grafische informatie
  2. Consultancy,opleiding,technische expertise en bijstand op voornoemd(e)gebied(en)
  3. Het geven van advies en verstrekken van diensten met betrekking tot de organisatie en het beheer van bedrijven die op dit(die)domein(en)actief zijn,de vertegenwoordiging en het optreden als commercieel tussenpersoon
deed of 13-06-2023 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Adriaan Willaertstraat 23 registered office 2650 Edegem 09-06-2023 2.345.960.638

Buildings and parcels at the address

Ground area
284 m²
Buildings
99 m²
Volume, LiDAR
580 m³
Tallest building
10.8 m
Buildings to scale, each on its own parcel
99 m², 10.8 m 99 m², 10.8 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
11013A0004/00Y000284 m² 1 · 99 m² 10.8 m · 2

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