Equity
€29,632 ▼ 61.3%
WAVEBYTES paid out €30,000 in dividends in a year with a loss of €16,920.
WAVEBYTES
Lifetime
10 annual accounts with figures on one time axispeak €293,387 (2023)
€183,611▼ 13.8%
lowest -€43,053 (2017)
-€16,920▼ €30,807
peak €76,552 (2024)
€29,632▼ 61.3%
€82,750▲ 27.3%
peak 2.1 FTE (2017)
-not published
Board4 names since 2017
2 directorsPANG Tsang Sing and 1 other
Documentsfilings and deeds
02-07-202629 days before the deadline
2025micro format
Gross margin from €212,952 to €183,611Loss of €16,920Dividend €30,000Equity from €76,552 to €29,632Debts from €65,012 to €82,750Cash from €83,012 to €26,173
Key points
from the 2025 annual accountsTurnover
≈ €280,000 estimated
The micro format states no turnover.
Debts
€82,750 74% of the balance sheet
Financial debts 3%Suppliers 26%Taxes and wages 24%Other 47%
Of this, €80,668 falls due within a year.
Staff
2 employees on 31-12-2025
In 2025, 1 person joined and 1 left.
Liquidity
1.30 was 2.22 in 2024
Short-term debts rose from €56,754 to €80,668.
Position in the sector
-€16,920
Lower net result than 92% of companies in computer programming and consultancy. Sector median €28,568 · 21,214 companies.
Checked score
88
Excellent
Financially stronger than 15% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 25,933 companies (NACE 62, micro).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026lowest value
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: 0.1%▲ +0.1 percentage points vs 07-2026highest value
09-2026: 0.1%● unchanged vs 08-2026highest value
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Loss of €16,920 (financial year 2025)
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Size: total assets €112,382
Liquidity: current ratio 1.30, cash €26,173, halved
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro). It does better than 26% of them on solvency, 17% on liquidity, 5% on profitability and 12% on growth.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 1,294 companies had the same profile as WAVEBYTES has now. Each dot stands for 4 companies, two years later.
89.6%
were still trading
5.9%
stopped another way
4.1%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of WAVEBYTES itself is lower: 0.1% within 12 months. It rests on far more data about WAVEBYTES than the profile alone.
Test of the method
The method was tested on the 497,447 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 1,294 companies, not a prediction for WAVEBYTES. 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.
Credit verdict
Credit of up to €2,500 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.3 (2.22 in 2024), below the usual 1.5. Short-term debt is 71.8% and cash 23.3% of total assets. 73.6% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 21208 sector peers (2025).
NBB · sector comparisonPosition among 21208 sector peers
Solvency
better than 25%
← weakest
strongest →
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 days early
2024
44 days early
2023
27 days early
2022
49 days early
2021
18 days late
2020
5 days early
2019
25 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 23 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 2 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0641701817
Changes of role: SCHARLAEKEN Kenny (director) and PANG Tsang Sing (director)
Director discharge: SCHARLAEKEN Kenny · Director discharge: PANG Tsang Sing · General meeting of 07-09-2020 · Gazette deed
Resignations: Sennesael Gianni (manager) and Tsang Kim (manager)
General meeting of 31-07-2017 · Gazette deed
First establishment
Hof ter Bloemmolens 4, Diksmuide
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| WAVEBYTES Diksmuide | €112,382 | €183,611 | 26.4% | - |
| QFIRST Bilzen-Hoeselt | €118,172 | €170,236 | 38.9% | - |
| UNCAPPED Antwerp | €128,913 | €179,125 | 41.8% | - |
| Peak Software Torhout | €150,283 | €169,862 | 77.1% | 1.4 |
| DOUGLAS CONSULTING Damme | €140,148 | €146,613 | 29.9% | - |
| IT - IEMO CONSULTING Ledegem | €112,909 | €134,863 | 82.3% | - |
| iLEAN Kontich | €97,390 | €177,954 | -536.9% | 0.8 |
These companies have the same main activity as WAVEBYTES: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €97,400 and €150,000, founded between 2014 and 2017.
Official details
Source: KBO- Status
- Active since 19-10-2015Normal situation
- Activity
- Computer consultancy and computer facilities managementNACE 62200and 2 others
- Establishment unit
- 2.247.499.6018600 Diksmuide, since 01-01-2016
- Financial year end
- 31 December
- Peppol
- Reachable since 26-01-2026
Annual accounts 2025
- €112,382▼ 20.6%
- Employeeson 31-12-2025
- 2▼ 33.3%
- Filing
- Filed on 02-07-2026, 29 days before the end of the filing period
Insights on WAVEBYTES
WAVEBYTES files the micro format. That format states no turnover. The gross margin rose from €8,430 in 2016 to €183,611 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about WAVEBYTES
- What is the company number of WAVEBYTES?
- The company number of WAVEBYTES is 0641.701.817. The VAT number is the same number with BE in front: BE 0641.701.817.
- Where is WAVEBYTES based?
- The registered office is at Hof ter Bloemmolens 4, 8600 Diksmuide.Company details
- What does WAVEBYTES do?
- According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
- What is the legal form of WAVEBYTES?
- WAVEBYTES is a private limited company (BV).
- When was WAVEBYTES founded?
- WAVEBYTES was founded on 19-10-2015.
- Is WAVEBYTES still active?
- Yes, WAVEBYTES is an active enterprise in the KBO register.
- How many employees does WAVEBYTES have?
- WAVEBYTES had an average of 2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of WAVEBYTES?
- The turnover in financial year 2025 is ≈ €280,000. This figure is estimated from the gross margin of €183,611 and 42 comparable companies (NACE 62200). It probably lies between €260,000 and €350,000.
- Is WAVEBYTES profitable?
- In financial year 2025, WAVEBYTES made a loss of €16,920.
- Where can I find the annual accounts of WAVEBYTES?
- WAVEBYTES filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of WAVEBYTES due?
- WAVEBYTES must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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