Skip to content

PIXELLEO

Active
Private limited companyfounded 2023active for 3 yearsAvenue de la Croix-Rouge 6, 4500 Huy, BelgiumKBO/BCE: BE 0803.951.242
Summary

The computed 12-month bankruptcy probability of PIXELLEO is 1.9% (moderate). The 2024 annual accounts show negative equity (-€223,546) and a net result of -€226,546. Its solvency ranks better than 5% of 20,890 sector peers (NACE 62, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2024, micro format

2025 annual accounts filed late (73 days) Filed on 12 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00553746.

Equity
-€223,546
Total assets
€39,686
Net result
-€226,546
Working capital
-€245,807

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

Balance-sheet composition
Assets €39,686
Fixed assets €33,710
Current assets €5,976
Equity and liabilities
Equity-€223,546
Debt€263,233
Equity is negative: debt (€263,233) exceeds the balance-sheet total (€39,686).
Key figures and ratios
2024 value
EBITDA
-€208,470
Cash flow
-€214,556
Solvency
-563.3%
Current ratio
0.02
ROA
-570.8%
Interest coverage
-35.68
Debt
€263,233
Debt ≤ 1 year
€251,783
Debt > 1 year
€11,449
Income taxes
€248
Staff costs
€341,593
No debt to equity: equity is negative, so debt divided by equity means nothing.

Peer companies

Historical observation

Of the 7,639 companies that looked in July 2024 the way this one looks now, 8.8% went bankrupt within 24 months and 84.8% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.8% went bankrupt
5.6% stopped otherwise
84.8% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.9% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,474 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 7,639 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 39 lines
Balance sheet Code2024
Assets
Total assets20/58€39,686
Fixed assets21/28€33,710
Tangible fixed assets22/27€33,710
Plant, machinery and equipment23€2,140
Furniture and vehicles24€31,570
Current assets29/58€5,976
Amounts receivable within one year40/41€5,835
Trade receivables40€5,772
Other amounts receivable41€63
Deferred charges and accrued income490/1€141
Equity and liabilities
Total equity and liabilities10/49€39,686
Equity10/15-€223,546
Contributions10/11€3,000
Profit (loss) carried forward14-€226,546
Amounts payable17/49€263,233
Amounts payable after more than one year17€11,449
Financial debts170/4€11,449
Amounts payable within one year42/48€251,783
Current portion of amounts payable after more than one year42€5,775
Trade debts44€6,703
Suppliers440/4€6,703
Taxes, remuneration and social security45€114,466
Taxes450/3€15,015
Remuneration and social security454/9€99,451
Other amounts payable47/48€124,839
Income statement Code2024
Remuneration, social security and pensions62€341,593
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11,991
Other operating charges640/8€5,144
Gross operating margin9900€138,267
Operating profit (loss)9901-€220,461
Financial income75/76B€4
Recurring financial income75€4
Financial charges65/66B€5,842
Recurring financial charges65€5,842
Profit (loss) for the period before taxes9903-€226,299
Income taxes67/77€248
Profit (loss) for the period9904-€226,546
Profit (loss) for the period to be appropriated9905-€226,546
Appropriation of the result
Profit (loss) to be appropriated9906-€226,546

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Remuneration, social security and pensions62€341,593
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11,991
Other operating charges640/8€5,144
Gross operating margin9900€138,267
Operating profit (loss)9901-€220,461
Financial income75/76B€4
Recurring financial income75€4
Financial charges65/66B€5,842
Recurring financial charges65€5,842
Profit (loss) for the period before taxes9903-€226,299
Income taxes67/77€248
Profit (loss) for the period9904-€226,546
Profit (loss) for the period to be appropriated9905-€226,546
Line2024
Assets
Total assets20/58€39,686
Fixed assets21/28€33,710
Tangible fixed assets22/27€33,710
Plant, machinery and equipment23€2,140
Furniture and vehicles24€31,570
Current assets29/58€5,976
Amounts receivable within one year40/41€5,835
Trade receivables40€5,772
Other amounts receivable41€63
Deferred charges and accrued income490/1€141
Equity and liabilities
Total equity and liabilities10/49€39,686
Equity10/15-€223,546
Contributions10/11€3,000
Profit (loss) carried forward14-€226,546
Amounts payable17/49€263,233
Amounts payable after more than one year17€11,449
Financial debts170/4€11,449
Amounts payable within one year42/48€251,783
Current portion of amounts payable after more than one year42€5,775
Trade debts44€6,703
Suppliers440/4€6,703
Taxes, remuneration and social security45€114,466
Taxes450/3€15,015
Remuneration and social security454/9€99,451
Other amounts payable47/48€124,839
Line2024
Profit (loss) for the period9904-€226,546
+ Depreciation and write-downs630€11,991
Operating cash flow (approximation)-€214,556

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2024 micro format 26-09-2025 2025-00505176

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 29,843 active companies whose main activity is computer consultancy and computer facilities management (NACE 62200), figures are known for 18,793. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.