PIXEL PROD
ActivePIXEL PROD has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €59k and a net result of €-19k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 29% of 6974 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
52
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability29▼-60
Solvency51▼-23
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity tight (current ratio 1.18 against 1.84 in 2024; short-term debt: 69.9% and cash: 17.4% of total assets), and 73.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · 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 2025Solvency, return and age of the figures
Solvency
26.3%
Return on assets
-8.6%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
20 d early
2023
30 d late
2022
48 d early
2021
23 d early
2020
31 d late
2019
91 d late
← before the deadline
after the deadline →
neutral · 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 monthsPosition in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€59k▼ 50.3%
2024 · €118k
2018: €30k
2019: €-2k
2020: €3k
2021: €19k
2022: €100k
2023: €99k
2024: €118k
2018 → 2025
Total assets
€224k▼ 7.5%
2024 · €242k
2018: €94k
2019: €52k
2020: €67k
2021: €114k
2022: €251k
2023: €211k
2024: €242k
2018 → 2025
Net result
€-19k
2024 · €39k
2018: €2k
2019: €-32k
2020: €5k
2021: €28k
2022: €96k
2023: €-1k
2024: €39k
2018 → 2025
Working capital
€28k▼ 67.7%
2024 · €88k
2018: €7k
2019: €-18k
2020: €3k
2021: €13k
2022: €70k
2023: €62k
2024: €88k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€19k-€100k▲ 423%€99k▼ 1.2%€118k▲ 19.1%€59k▼ 50.3%
Operating result€33k-€136k▲ 311%€1k▼ 99.2%€54k▲ 4,944%€-18k
Net result€28k-€96k▲ 242%€-1k€39k€-19k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €18k after €54k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €224k
Fixed assets
€39k▼ 21.5%
Current assets
€185k▼ 3.9%
Equity and liabilities €224k
Equity
€59k▼ 50.3%
Debt
€165k▲ 33.4%
The debt ratio rises from 51.2% to 73.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€3k▼
2024 · €75k
Cash flow
€2k▼
2024 · €59k
Solvency
26.3%▼
2024 · 48.8%
Current ratio
1.18▼
2024 · 1.84
Quick ratio
1.18▼
2024 · 1.84
Debt / equity
2.81▲
2024 · 1.05
ROE
-32.9%▼
2024 · 33.0%
ROA
-8.6%▼
2024 · 16.1%
Interest coverage
2.58▼
2024 · 49.83
Debt
€165k▲
2024 · €124k
Debt ≤ 1 year
€156k▲
2024 · €104k
Debt > 1 year
€6k▼
2024 · €13k
Income taxes
€142▼
2024 · €14k
Staff costs
€67k▲
2024 · €37k
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
Assets
Total assets20/58€242k€224k▼
Fixed assets21/28€50k€39k▼
Intangible fixed assets21€7k€3k▼
Tangible fixed assets22/27€40k€34k▼
Plant, machinery and equipment23€9k€12k▲
Furniture and vehicles24€31k€22k▼
Financial fixed assets28€2k€2k=
Current assets29/58€192k€185k▼
Amounts receivable within one year40/41€138k€137k▼
Trade receivables40€94k€102k▲
Other amounts receivable41€44k€35k▼
Cash at bank and in hand54/58€38k€39k▲
Deferred charges and accrued income490/1€17k€9k▼
Equity and liabilities
Total equity and liabilities10/49€242k€224k▼
Equity10/15€118k€59k▼
Contributions10/11€6k€6k=
Reserves13€110k€70k▼
Distributable reserves133€110k€70k▼
Profit (loss) carried forward14€2k€-17k▼
Amounts payable17/49€124k€165k▲
Amounts payable after more than one year17€13k€6k▼
Financial debts170/4€13k€6k▼
Amounts payable within one year42/48€104k€156k▲
Current portion of amounts payable after more than one year42€7k€7k▲
Trade debts44€58k€69k▲
Suppliers440/4€58k€69k▲
Taxes, remuneration and social security45€19k€40k▲
Taxes450/3€13k€28k▲
Remuneration and social security454/9€6k€12k▲
Other amounts payable47/48€20k€40k▲
Accrued charges and deferred income492/3€6k€3k▼
Income statement
Code20242025
Remuneration, social security and pensions62€37k€67k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€21k▲
Other operating charges640/8€4k€5k▲
Gross operating margin9900€116k€74k▼
Operating profit (loss)9901€54k€-18k▼
Financial income75/76B€64€129▲
Recurring financial income75€64€129▲
Financial charges65/66B€1k€998▼
Recurring financial charges65€1k€998▼
Profit (loss) for the period before taxes9903€53k€-19k▼
Income taxes67/77€14k€142▼
Profit (loss) for the period9904€39k€-19k▼
Profit (loss) for the period to be appropriated9905€39k€-19k▼
Appropriation of the result
Profit (loss) to be appropriated9906€40k€-17k▼
Profit (loss) brought forward from the previous period14P€983€2k▲
Transfer from equity791/2-€40k
Transfer to equity691/2€18k-
To other reserves6921€18k-
Profit to be distributed694/7€20k€40k▲
Return on contributions (dividend)694€20k€40k▲
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
11-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €39k
Net result €39k after one loss-making year.
31-12
Financial
Equity above €100kEq €118k ▲19.1%
Equity rises from €99k to €118k.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
13-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €96k ▲242%
Operating result €136k, net result €96k, both a record.
31-12
Financial
Equity above €100kEq €100k ▲423%
3 profitable years in a row build equity to €100k.
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
31-12
Financial
Weakest financial yearnet €-32k ▼2084%
Net result drops to €-32k, the lowest in the series; recovery starts the following year.
21-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 82 days late
2018
23-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 115 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 60 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Crisnée · 1 establishment unit since 2004
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue Sylvain Panis 604367 CrisnéeGround area
974 m²
Building footprint
77 m²
Volume, LiDAR
488 m³
Parcel 64021A0658/00V000, Wallonia · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PIXEL PROD
since 20042.299.040.253
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64021A0658/00V000 | Wallonia | 974 m² | 1 · 77 m² | 8.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 9,862 companies in sector 73110 we hold annual accounts for 3,755. 3,023 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-12-2004
Fiscal year end31-12
Activities, NACEBEL
60310News agency activities
63910Computing infrastructure, data processing, hosting and other information service activities
73110Advertising agencies
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:info@pixelprod.be
Phone:+32479290447