PXL com'
ActiveSummary
For PXL com', at least two filing cycles of the annual accounts are missing. The 2021 annual accounts show equity of €5,704 and a net result of -€573. Equity is shrinking by ~8.6% per year across the filed fiscal years. Its solvency ranks better than 20% of 6762 sector peers (fiscal year 2021). The company has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
No current score
Figures too old
The available figures for FY 2021 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2021 · tick = 2020
Profitability78▲+11
Solvency38=
Growth31▲+9
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2021Solvency, return and age of the figures
Solvency
12.9%
Return on assets
-1.3%
Age of the figures
57 mo
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 · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline27-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 30-08-2022, 30 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
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
30 d late
2020
122 d late
2018
152 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 101 days after the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2021, micro schema
Turnover
€13,300▲ 58.7%
2020 · €8,378
EBIT margin
2.3%▲ 5.4pp
2020 · -3.0%
Net result
-€573▼ 13.5%
2020 · -€505
Working capital
-€9,128▲ 34.5%
2020 · -€13,934
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line201820202021
Turnover€13,980-€8,378-€13,300▲ 58.7%
Operating result€349--€255-€307
Net result€131--€505--€573▼ 13.5%
EBIT margin2.5%--3.0%-2.3%▲ 5.4pp
Equity€7,322-€6,277-€5,704▼ 9.1%
Total assets€75,334-€46,698-€44,319▼ 5.1%
Debt€68,012-€40,421-€38,615▼ 4.5%
Working capital-€23,648--€13,934--€9,128▲ 34.5%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2021: €307 after a loss of €255 in 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €44,319
Fixed assets
€14,832 ▼ 26.6%
Current assets
€29,487 ▲ 11.3%
Equity and liabilities €44,319
Equity
€5,704 ▼ 9.1%
Debt
€38,615 ▼ 4.5%
Debt's share of the balance-sheet total rises from 86.6% to 87.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€5,687▲
2020 · €5,125
Cash flow
€4,807▼
2020 · €4,875
Current ratio
0.76▲
2020 · 0.66
Quick ratio
0.72▲
2020 · 0.61
Debt to equity
6.77
ROE
-10.0%▼
2020 · -8.0%
ROA
-1.3%▼
2020 · -1.1%
Interest coverage
32.50
Debt ≤ 1 year
€38,615▼
2020 · €40,421
Income taxes
€80
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Turnover70 | €13,980 | €8,378 | €13,300 | ▲ 58.7% |
| Non-recurring operating income76A | - | - | €3,250 | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | €10,714 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,380 | €5,380 | €5,380 | = |
| Other operating charges640/8 | - | - | €149 | - |
| Gross operating margin9900 | €5,877 | €5,523 | €5,836 | ▲ 5.7% |
| Operating profit (loss)9901 | €349 | -€255 | €307 | ▲ 220% |
| Financial charges65/66B | - | - | €800 | - |
| Recurring financial charges65 | €218 | - | €175 | - |
| Non-recurring financial charges66B | - | - | €625 | - |
| Profit (loss) for the period before taxes9903 | €131 | -€505 | -€493 | ▲ 2.4% |
| Income taxes67/77 | - | - | €80 | - |
| Profit (loss) for the period9904 | €131 | -€505 | -€573 | ▼ 13.5% |
| Profit (loss) for the period to be appropriated9905 | €131 | -€505 | -€573 | ▼ 13.5% |
| Line | 2018 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €75,334 | €46,698 | €44,319 | ▼ 5.1% |
| Fixed assets21/28 | €30,970 | €20,211 | €14,832 | ▼ 26.6% |
| Intangible fixed assets21 | - | - | €0 | - |
| Tangible fixed assets22/27 | €28,970 | €18,211 | €12,832 | ▼ 29.5% |
| Furniture and vehicles24 | - | - | €2,630 | - |
| Other tangible fixed assets26 | - | - | €10,202 | - |
| Financial fixed assets28 | €2,000 | €2,000 | €2,000 | = |
| Current assets29/58 | €44,364 | €26,487 | €29,487 | ▲ 11.3% |
| Stocks and contracts in progress3 | €1,710 | €1,710 | €1,710 | = |
| Stocks30/36 | - | - | €1,710 | - |
| Amounts receivable within one year40/41 | €12,002 | €20,463 | €22,562 | ▲ 10.3% |
| Trade receivables40 | - | - | €22,562 | - |
| Other amounts receivable41 | - | - | €0 | - |
| Cash at bank and in hand54/58 | €28,289 | €1,902 | €2,803 | ▲ 47.4% |
| Deferred charges and accrued income490/1 | - | - | €2,412 | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €75,334 | €46,698 | €44,319 | ▼ 5.1% |
| Equity10/15 | €7,322 | €6,277 | €5,704 | ▼ 9.1% |
| Contributions10/11 | €20,600 | €20,600 | €20,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | €1,860 | - |
| Reserves not available under the articles1311 | - | - | €1,860 | - |
| Profit (loss) carried forward14 | -€15,138 | -€16,183 | -€16,756 | ▼ 3.5% |
| Amounts payable17/49 | €68,012 | €40,421 | €38,615 | ▼ 4.5% |
| Amounts payable within one year42/48 | €68,012 | €40,421 | €38,615 | ▼ 4.5% |
| Trade debts44 | €32,510 | €15,422 | €12,768 | ▼ 17.2% |
| Suppliers440/4 | - | - | €12,768 | - |
| Taxes, remuneration and social security45 | - | - | €473 | - |
| Taxes450/3 | - | - | €473 | - |
| Other amounts payable47/48 | - | - | €25,374 | - |
| Line | 2018 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €131 | -€505 | -€573 | ▼ 13.5% |
| + Depreciation and write-downs630 | €5,380 | €5,380 | €5,380 | = |
| Operating cash flow (approximation) | €5,511 | €4,875 | €4,807 | ▼ 1.4% |
| Investment in fixed assets (approximation) | - | - | -€1 | - |
| Change in cash | - | - | €901 | - |
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
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Weakest financial yearnet -€573
Net result drops to -€573, the lowest in the series.
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 122 days late
2019
30-12
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 152 days late
2018
04-12
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 491 days late
04-12
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 856 days late
04-12
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 1222 days late
04-12
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 1587 days late
29-11
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 121 days late
2014
30-01
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 183 days late
2013
31-03
NBB filing
Annual accounts filed
fiscal year 2011 · full schema · 243 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Seraing · 1 establishment unit since 2006
Ground area
3,363 m²
Building footprint
142 m²
Volume, LiDAR
719 m³
2 parcels, Wallonia · tallest building 6.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PIXELS IMAGES
since 20062.152.737.034
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62356F0115/00F029 | Wallonia | 3,105 m² | 1 · 64 m² | 6.6 m · 2 fl. |
| 62356F0117/00N009 | Wallonia | 258 m² | 1 · 77 m² | 6.0 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 9,864 companies in sector 73110 we hold annual accounts for 3,752. 1,622 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 (pre-2019)
Founded30-10-2002
Fiscal year end31-12
Activities, NACEBEL 2025
73110Advertising agencies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0478702918
Registered
29-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.