WAVEBYTES
ActiveSummary
WAVEBYTES has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €30k and a net result of €-17k. Equity is growing by ~28.9% per year across the filed fiscal years. Its solvency ranks better than 25% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-81
Solvency51▼-28
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity tight (current ratio 1.3 against 2.22 in 2024; short-term debt: 71.8% and cash: 23.3% of total assets), and 73.6% of the assets are financed with debt.
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Signals
Three 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 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
26.4%
Return on assets
-15.1%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
29 d early
2024
44 d early
2023
27 d early
2022
49 d early
2021
18 d late
2020
5 d early
2019
25 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€30k▼ 61.3%
2024 · €77k
Total assets
€112k▼ 20.6%
2024 · €142k
Net result
€-17k
2024 · €14k
Working capital
€24k▼ 65.4%
2024 · €69k
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
Line20212022202320242025
Operating result€-6k€25k€28k▲ 13.6%€21k▼ 25.8%€-15k
Net result€-6k€21k€20k▼ 4.9%€14k▼ 29.5%€-17k
Equity€34k▼ 15.7%€51k▲ 48.6%€67k▲ 30.7%€77k▲ 14.5%€30k▼ 61.3%
Total assets€100k▼ 16.6%€176k▲ 75.9%€172k▼ 2.2%€142k▼ 17.7%€112k▼ 20.6%
Debt€66k▼ 17.0%€125k▲ 90.2%€105k▼ 15.7%€65k▼ 38.2%€83k▲ 27.3%
Working capital€46k▼ 15.9%€41k▼ 9.2%€60k▲ 44.4%€69k▲ 15.8%€24k▼ 65.4%
Staff (FTE)23▲ 50.0%3.3▲ 10.0%2.3▼ 30.3%2▼ 13.0%
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 €15k after €21k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €112k
Fixed assets
€8k ▼ 50.3%
Current assets
€105k ▼ 17.0%
Equity and liabilities €112k
Equity
€30k ▼ 61.3%
Debt
€83k ▲ 27.3%
Debt's share of the balance-sheet total rises from 45.9% to 73.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-7k▼
2024 · €29k
Cash flow
€-9k▼
2024 · €22k
Current ratio
1.30▼
2024 · 2.22
Debt to equity
2.79▲
2024 · 0.85
ROE
-57.1%▼
2024 · 18.1%
ROA
-15.1%▼
2024 · 9.8%
Interest coverage
-4.40▼
2024 · 34.16
Debt ≤ 1 year
€81k▲
2024 · €57k
Debt > 1 year
€2k▼
2024 · €8k
Income taxes
€99▼
2024 · €6k
Staff costs
€183k▼
2024 · €184k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €42k | €164k | €246k | €184k | €183k | ▼ 0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12k | €19k | €19k | €8k | €8k | ▲ 0.8% |
| Other operating charges640/8 | €321 | €112 | €235 | €266 | €8k | ▲ 3,010% |
| Non-recurring operating charges66A | - | - | - | €141 | - | - |
| Gross operating margin9900 | €48k | €208k | €293k | €213k | €184k | ▼ 13.8% |
| Operating profit (loss)9901 | €-6k | €25k | €28k | €21k | €-15k | ▼ 172% |
| Financial income75/76B | €27 | €10 | €24 | €6 | €0 | ▼ 94.4% |
| Recurring financial income75 | €27 | €10 | €24 | €6 | €0 | ▼ 94.4% |
| Financial charges65/66B | €768 | €1k | €1k | €842 | €2k | ▲ 98.6% |
| Recurring financial charges65 | €768 | €1k | €1k | €842 | €2k | ▲ 98.6% |
| Profit (loss) for the period before taxes9903 | €-6k | €24k | €27k | €20k | €-17k | ▼ 183% |
| Income taxes67/77 | €9 | €3k | €8k | €6k | €99 | ▼ 98.4% |
| Profit (loss) for the period9904 | €-6k | €21k | €20k | €14k | €-17k | ▼ 222% |
| Profit (loss) for the period to be appropriated9905 | €-6k | €21k | €20k | €14k | €-17k | ▼ 222% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €100k | €176k | €172k | €142k | €112k | ▼ 20.6% |
| Fixed assets21/28 | €25k | €42k | €21k | €15k | €8k | ▼ 50.3% |
| Tangible fixed assets22/27 | €25k | €42k | €21k | €15k | €8k | ▼ 50.3% |
| Plant, machinery and equipment23 | - | €1k | €747 | €2k | €850 | ▼ 52.4% |
| Furniture and vehicles24 | €25k | €40k | €21k | €14k | €7k | ▼ 50.0% |
| Current assets29/58 | €75k | €134k | €151k | €126k | €105k | ▼ 17.0% |
| Amounts receivable within one year40/41 | €49k | €55k | €49k | €43k | €79k | ▲ 82.3% |
| Trade receivables40 | €43k | €52k | €40k | €33k | €68k | ▲ 102% |
| Other amounts receivable41 | €6k | €3k | €8k | €10k | €11k | ▲ 13.2% |
| Cash at bank and in hand54/58 | €26k | €80k | €102k | €83k | €26k | ▼ 68.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €100k | €176k | €172k | €142k | €112k | ▼ 20.6% |
| Equity10/15 | €34k | €51k | €67k | €77k | €30k | ▼ 61.3% |
| Contributions10/11 | €20k | €20k | €20k | €20k | €20k | = |
| Profit (loss) carried forward14 | €14k | €31k | €46k | €56k | €9k | ▼ 83.6% |
| Amounts payable17/49 | €66k | €125k | €105k | €65k | €83k | ▲ 27.3% |
| Amounts payable after more than one year17 | €36k | €32k | €14k | €8k | €2k | ▼ 74.8% |
| Financial debts170/4 | €36k | €32k | €14k | €8k | €2k | ▼ 74.8% |
| Amounts payable within one year42/48 | €29k | €93k | €91k | €57k | €81k | ▲ 42.1% |
| Current portion of amounts payable after more than one year42 | €11k | €17k | €18k | €6k | €13k | ▲ 120% |
| Trade debts44 | €10k | €11k | €5k | €24k | €22k | ▼ 10.2% |
| Suppliers440/4 | €10k | €11k | €5k | €24k | €22k | ▼ 10.2% |
| Taxes, remuneration and social security45 | €8k | €61k | €59k | €23k | €20k | ▼ 12.4% |
| Taxes450/3 | €2k | €25k | €14k | €3k | €1k | ▼ 59.9% |
| Remuneration and social security454/9 | €5k | €36k | €44k | €20k | €19k | ▼ 5.4% |
| Other amounts payable47/48 | €660 | €3k | €10k | €4k | €26k | ▲ 620% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-6k | €21k | €20k | €14k | €-17k | ▼ 222% |
| + Depreciation and write-downs630 | €12k | €19k | €19k | €8k | €8k | ▲ 0.8% |
| Operating cash flow (approximation) | €5k | €40k | €38k | €22k | €-9k | ▼ 142% |
| Investment in fixed assets (approximation) | - | €-36k | €2k | €-2k | €0 | ▲ 100% |
| Change in cash | - | €53k | €23k | €-19k | €-57k | ▼ 197% |
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
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-17k
Net result drops to €-17k, the lowest in the series.
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
12-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €21k
Net result €21k after one loss-making year.
18-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 18 days late
2021
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
06-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
11-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
14-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 14 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Diksmuide · 1 establishment unit since 2016
Ground area
198 m²
Building footprint
74 m²
Volume, LiDAR
654 m³
Parcel 32003A0604/00Y000, Flanders · tallest building 11.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
WAVEBYTES
since 20162.247.499.601
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 32003A0604/00Y000 | Flanders | 198 m² | 1 · 74 m² | 11.9 m · 3 fl. |
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 30,002 companies in sector 62200 we hold annual accounts for 18,390. 14,301 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
Founded19-10-2015
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities
62100Computer programming
Scores and ratios are computed by Checked and are not a credit decision.