Turnover
The micro format states no turnover.
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The micro format states no turnover.
Of this, €42,380 falls due within a year.
Green is investment, beige is depreciation.
Short-term debts rose from €10,439 to €42,380.
Lower net result than 85% of companies in other professional activities. Sector median €9,303 · 4,360 companies.
In July 2024, 280 companies had the same profile as PixelWaves Solutions has now. Each dot is one company, two years later.
The method was tested on the 497,448 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 280 companies, not a prediction for PixelWaves Solutions. 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.
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.
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| Company | ||||
|---|---|---|---|---|
| PixelWaves Solutions Profondeville | €90,755 | €13,593 | 1.5% | - |
| No Babes Kampenhout | €78,116 | €12,871 | 16.3% | - |
| AVIC MEDIA Profondeville | €62,683 | €11,085 | 16.4% | - |
| a Long Story Short Ghent | €61,392 | €16,475 | 50.9% | - |
| Westshot Menen | €95,411 | €24,311 | 20.2% | - |
| NUEVO Pepinster | €69,633 | €22,427 | -19.4% | - |
| SVR Visuals Leuven | €81,505 | €14,700 | 63.1% | - |
These companies have the same main activity as PixelWaves Solutions: photography, excluding press photography (NACE 74201). They are comparable in size and age: total assets between €61,400 and €95,400, founded between 2023 and 2025.
The annual accounts of PixelWaves Solutions for financial year 2025 show a net loss of 87% of the equity at the start of that year. The 2025 annual accounts show equity of €1,371 and a net result of -€9,056.
Its solvency ranks better than 15% of 4,365 sector peers (NACE 74, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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