POINTWAVE
ActiveSummary
POINTWAVE has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €28,695 and a net result of -€5,447. Equity is shrinking by ~4.2% per year across the filed fiscal years. Its solvency ranks better than 95% of 1914 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-22
Solvency100=
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
short-term debt: 0.3% and cash: 2.6% of total assets, and 0.3% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 63
Relative position
BE, all sectors
reference
Computing infrastructure, data processing, hosting and other information service activities (NACE 63)
about 52% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
99.7%
Return on assets
-18.9%
Age of the figures
12 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
18202122232425
2018 to 2025 · latest year -€5,447
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 26-03-2026, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
35 d early
2024
30 d early
2023
on the day
2022
271 d late
2021
31 d early
2020
34 d early
2018
57 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 12 days after the deadline; the sector median for financial year 2024 is 10 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 31 March (4 of the last 5 filed years within 31 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today30-09-2026 close30-04-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
In the rankings
#3 oldest company in Ninove, Telecoms and IT sector
Equity
€28,695▼ 16.0%
2024 · €34,142
Total assets
€28,783▼ 15.7%
2024 · €34,142
Net result
-€5,447▼ 153%
2024 · -€2,157
Working capital
€28,695▼ 20.9%
2023 · €36,298
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 63, Computing infrastructure, data processing, hosting and other information service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€154▲ 85.8%-€1,375▼ 792%-€1,565▼ 13.8%-€2,077▼ 32.7%-€5,353▼ 158%
Net result-€218below the sector's middle half▲ 81.0%-€1,488below the sector's middle half▼ 582%-€1,689below the sector's middle half▼ 13.5%-€2,157below the sector's middle half▼ 27.7%-€5,447below the sector's middle half▼ 153%
Equity€39,474within the sector's middle half▼ 0.5%€37,987within the sector's middle half▼ 3.8%€36,298within the sector's middle half▼ 4.4%€34,142within the sector's middle half▼ 5.9%€28,695within the sector's middle half▼ 16.0%
Total assets€68,830within the sector's middle half▼ 0.3%€66,617within the sector's middle half▼ 3.2%€64,928within the sector's middle half▼ 2.5%€34,142below the sector's middle half▼ 47.4%€28,783below the sector's middle half▼ 15.7%
Debt€29,355=€28,630▼ 2.5%€28,630=€88
Working capital€39,474within the sector's middle half▼ 0.5%€37,987within the sector's middle half▼ 3.8%€36,298within the sector's middle half▼ 4.4%€28,695within the sector's middle half
Solvency57.4%within the sector's middle half▼ 0.1pp57.0%within the sector's middle half▼ 0.3pp55.9%within the sector's middle half▼ 1.1pp100.0%above the sector's middle half▲ 44.1pp99.7%above the sector's middle half▼ 0.3pp
Current ratio2.34within the sector's middle half▼ 0.012.33within the sector's middle half▼ 0.022.27within the sector's middle half▼ 0.06
Return on assets (ROA)-0.3%below the sector's middle half▲ 1.3pp-2.2%below the sector's middle half▼ 1.9pp-2.6%below the sector's middle half▼ 0.4pp-6.3%below the sector's middle half▼ 3.7pp-18.9%below the sector's middle half▼ 12.6pp
above
within
below
the middle half (P25 to P75) of NACE 63, Computing infrastructure, data processing, hosting and other information service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €5,353 in 2025 against €2,077 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
Equity and liabilities €28,783
Equity
€28,695
Debt
€88
Debt finances 0.3% of the balance-sheet total.
Key figures and ratios
Debt to equity
0.00
ROE
-19.0%▼
2024 · -6.3%
Debt ≤ 1 year
€88
A ratio outside any meaningful range has been withheld (balance sheet total €28,783, equity €28,695).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,834 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a loss of 10% of the balance sheet or more
1.7%
went bankrupt
13%
stopped otherwise
84%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.9% |
| 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% 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 5,834 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | €122 | €827 | €585 | €605 | ▲ 3.5% |
| Gross operating margin9900 | €78 | -€1,253 | -€738 | -€1,492 | -€4,748 | ▼ 218% |
| Operating profit (loss)9901 | -€154 | -€1,375 | -€1,565 | -€2,077 | -€5,353 | ▼ 158% |
| Financial charges65/66B | - | €113 | €124 | €80 | €94 | ▲ 16.7% |
| Recurring financial charges65 | €64 | €113 | €124 | €80 | €94 | ▲ 16.7% |
| Profit (loss) for the period before taxes9903 | -€218 | -€1,488 | -€1,689 | -€2,157 | -€5,447 | ▼ 153% |
| Profit (loss) for the period9904 | -€218 | -€1,488 | -€1,689 | -€2,157 | -€5,447 | ▼ 153% |
| Profit (loss) for the period to be appropriated9905 | -€218 | -€1,488 | -€1,689 | -€2,157 | -€5,447 | ▼ 153% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €68,830 | €66,617 | €64,928 | €34,142 | €28,783 | ▼ 15.7% |
| Current assets29/58 | €68,830 | €66,617 | €64,928 | €34,142 | €28,783 | ▼ 15.7% |
| Amounts receivable within one year40/41 | €68,145 | €66,613 | €64,921 | €34,125 | €28,027 | ▼ 17.9% |
| Trade receivables40 | - | - | - | - | €644 | - |
| Other amounts receivable41 | - | €66,613 | €64,921 | €34,125 | €27,383 | ▼ 19.8% |
| Cash at bank and in hand54/58 | €684 | €4 | €7 | €17 | €756 | ▲ 4,473% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €68,830 | €66,617 | €64,928 | €34,142 | €28,783 | ▼ 15.7% |
| Equity10/15 | €39,474 | €37,987 | €36,298 | €34,142 | €28,695 | ▼ 16.0% |
| Contributions10/11 | - | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €4,377 | €4,377 | €4,377 | €4,377 | €4,377 | = |
| Non-distributable reserves130/1 | - | €1,859 | €1,859 | - | - | - |
| Reserves not available under the articles1311 | - | €1,859 | €1,859 | - | - | - |
| Distributable reserves133 | - | €2,518 | €2,518 | €4,377 | €4,377 | = |
| Profit (loss) carried forward14 | €16,505 | €15,017 | €13,329 | €11,172 | €5,725 | ▼ 48.8% |
| Amounts payable17/49 | €29,355 | €28,630 | €28,630 | - | €88 | - |
| Amounts payable within one year42/48 | €29,355 | €28,630 | €28,630 | - | €88 | - |
| Trade debts44 | €725 | - | - | - | €13 | - |
| Suppliers440/4 | - | - | - | - | €13 | - |
| Taxes, remuneration and social security45 | - | - | - | - | €75 | - |
| Taxes450/3 | - | - | - | - | €75 | - |
| Other amounts payable47/48 | - | €28,630 | €28,630 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€218 | -€1,488 | -€1,689 | -€2,157 | -€5,447 | ▼ 153% |
| Operating cash flow (approximation) | -€218 | -€1,488 | -€1,689 | -€2,157 | -€5,447 | ▼ 153% |
| Change in cash | - | -€681 | €3 | €9 | €740 | ▲ 7,754% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Weakest financial yearnet -€5,447
Net result drops to -€5,447, the lowest in the series.
31-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
26-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 271 days late
2022
30-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
27-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
04-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
13-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 429 days late
23-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 54 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Ninove · 1 establishment unit since 1993
Ground area
713 m²
Parcel 41004A0318/00H000, Flanders. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Pointwave BV
since 19932.064.431.204
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41004A0318/00H000 | Flanders | 713 m² | - | - |
Linked by address, not proof of ownership
Good to know
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 2,783 companies in sector 63910 we hold annual accounts for 699. 518 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded10-11-1993
Fiscal year end30-09
Activities, NACEBEL 2025
63910Web portal activities
68121Development of residential building projects
62100Computer programming
63100Computing infrastructure, data processing, hosting and related activities
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
E-invoicing
Reachable via Peppol
Peppol ID
0208:0451165014
Also
9925:BE0451165014
Registered
27-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.