WAVEBYTES
Annual accounts 2025
micro format, filed on 02-07-2026, 29 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €280,000. Estimated: probably between €260,000 and €350,000.
Balance sheet
balance sheet total €112,382 on 31-12-2025in euro
in euro
Position in the sector
26.4%
Higher than 25% of 21,208 companies in 2025.
1.30
Higher than 28% of 20,571 companies in 2025.
-15.1%
Higher than 9% of 20,746 companies in 2025.
Net result: bottom quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Staff
€91,351
Staff costs divided by the average number of full-time equivalents.
level
In 2025, 1 person joined and 1 left.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||
20/58 |
112,382 | 141,564 | 172,069 | 175,925 | 100,012 | 119,877 | 104,056 | 39,477 | 19,214 | 45,245 | |
21/28 |
7,700 | 15,485 | 21,294 | 41,602 | 24,874 | 33,934 | 45,245 | 425 | 1,236 | 770 | |
22/27 |
7,700 | 15,485 | 21,294 | 41,602 | 24,874 | 33,934 | 45,245 | 425 | 1,236 | 770 | |
23 |
850 | 1,787 | 747 | 1,194 | - | - | - | 425 | 1,236 | 770 | |
24 |
6,849 | 13,698 | 20,548 | 40,408 | 24,874 | 33,934 | 45,245 | - | - | - | |
29/58 |
104,682 | 126,079 | 150,775 | 134,323 | 75,138 | 85,944 | 58,811 | 39,051 | 17,978 | 44,475 | |
40/41 |
78,509 | 43,067 | 48,596 | 54,676 | 48,700 | 14,669 | 22,987 | 3,369 | 5,019 | 8,182 | |
40 |
67,638 | 33,467 | 40,205 | 51,831 | 43,127 | 14,060 | 12,670 | 218 | 1,090 | 1,654 | |
41 |
10,871 | 9,600 | 8,390 | 2,845 | 5,572 | 609 | 10,317 | 3,151 | 3,929 | 6,528 | |
54/58 |
26,173 | 83,012 | 102,179 | 79,647 | 26,438 | 71,275 | 35,824 | 35,136 | 12,959 | 36,293 | |
490/1 |
- | - | - | - | - | - | - | 546 | - | - | |
| Balance sheet: equity and liabilities | |||||||||||
10/49 |
112,382 | 141,564 | 172,069 | 175,925 | 100,012 | 119,877 | 104,056 | 39,477 | 19,214 | 45,245 | |
10/15 |
29,632 | 76,552 | 66,830 | 51,124 | 34,401 | 40,802 | 20,909 | 10,646 | -26,913 | 16,140 | |
10/11 |
20,460 | 20,460 | 20,460 | 20,460 | 20,460 | 20,460 | 18,600 | 18,600 | 18,600 | 18,600 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | |
13 |
- | - | - | - | - | - | 1,860 | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | - | - | - | |
14 |
9,172 | 56,092 | 46,370 | 30,664 | 13,941 | 20,342 | 449 | -7,954 | -45,513 | -2,460 | |
17/49 |
82,750 | 65,012 | 105,239 | 124,801 | 65,610 | 79,075 | 83,146 | 28,831 | 46,127 | 29,105 | |
17 |
2,083 | 8,258 | 14,327 | 31,938 | 36,125 | 47,434 | 63,577 | 20,000 | 27,154 | 15,274 | |
170/4 |
2,083 | 8,258 | 14,327 | 31,938 | 36,125 | 47,434 | 63,577 | 20,000 | 27,154 | 15,274 | |
42/48 |
80,668 | 56,754 | 90,912 | 92,863 | 29,485 | 31,641 | 19,570 | 8,831 | 18,973 | 13,831 | |
42 |
13,349 | 6,069 | 17,611 | 17,337 | 11,309 | 11,143 | 10,979 | 5,154 | 10,121 | 9,877 | |
44 |
21,658 | 24,131 | 4,620 | 10,904 | 9,877 | 1,831 | 1,332 | 17 | - | 1,312 | |
440/4 |
21,658 | 24,131 | 4,620 | 10,904 | 9,877 | 1,831 | 1,332 | 17 | - | 1,312 | |
45 |
20,160 | 23,014 | 58,561 | 61,221 | 7,639 | 942 | 329 | 3,256 | 8,659 | 1,680 | |
450/3 |
1,178 | 2,938 | 14,369 | 24,728 | 2,252 | 942 | 329 | 78 | 788 | - | |
454/9 |
18,983 | 20,076 | 44,192 | 36,494 | 5,387 | - | - | 3,178 | 7,872 | 1,680 | |
47/48 |
25,500 | 3,540 | 10,120 | 3,400 | 660 | 17,725 | 6,929 | 405 | 193 | 962 | |
| Income statement | |||||||||||
9900 |
183,611 | 212,952 | 293,387 | 207,724 | 48,271 | 41,803 | 31,959 | 61,591 | 5,106 | 8,430 | |
62 |
182,702 | 183,782 | 246,194 | 163,791 | 41,783 | 606 | 6,820 | 21,767 | 45,673 | 9,463 | |
630 |
7,786 | 7,722 | 18,608 | 18,861 | 11,817 | 11,311 | 11,737 | 811 | 811 | 385 | |
631/4 |
- | - | - | - | - | - | - | 611 | - | - | |
640/8 |
8,274 | 266 | 235 | 112 | 321 | 420 | 412 | 405 | 1,015 | 648 | |
66A |
- | 141 | - | - | - | 100 | - | - | - | - | |
9901 |
-15,150 | 21,041 | 28,350 | 24,960 | -5,650 | 29,366 | 12,991 | 37,998 | -42,392 | -2,066 | |
75/76B |
0 | 6 | 24 | 10 | 27 | 29 | - | 0 | 3 | - | |
75 |
0 | 6 | 24 | 10 | 27 | 29 | - | 0 | 3 | - | |
65/66B |
1,672 | 842 | 1,140 | 1,169 | 768 | 849 | 398 | 325 | 664 | 394 | |
65 |
1,672 | 842 | 1,140 | 1,169 | 768 | 849 | 398 | 325 | 664 | 394 | |
9903 |
-16,822 | 20,206 | 27,234 | 23,801 | -6,391 | 28,546 | 12,593 | 37,673 | -43,053 | -2,460 | |
67/77 |
99 | 6,319 | 7,528 | 3,078 | 9 | 6,253 | 2,329 | 114 | - | - | |
9904 |
-16,920 | 13,887 | 19,706 | 20,723 | -6,401 | 22,293 | 10,264 | 37,559 | -43,053 | -2,460 | |
9905 |
-16,920 | 13,887 | 19,706 | 20,723 | -6,401 | 22,293 | 10,264 | 37,559 | -43,053 | -2,460 | |
| Appropriation of the result | |||||||||||
9906 |
39,172 | 60,257 | 50,370 | 34,664 | 13,941 | 22,742 | 2,309 | -7,954 | -45,513 | -2,460 | |
14P |
56,092 | 46,370 | 30,664 | 13,941 | 20,342 | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | 1,860 | - | - | - | |
6920 |
- | - | - | - | - | - | 1,860 | - | - | - | |
694/7 |
30,000 | 4,165 | 4,000 | 4,000 | - | 2,400 | - | - | - | - | |
694 |
30,000 | 4,165 | 4,000 | 4,000 | - | 2,400 | - | - | - | - | |
| Social balance sheet | |||||||||||
9087 |
2 | 2.3 | 3.3 | 3 | 2 | - | 0.1 | 0.7 | 2.1 | 0.6 | |
Hours worked1013 |
3,210 | 3,567 | 5,313 | 4,118 | 1,768 | - | 228 | 1,068 | 3,010 | 562 | |
| Document | |||||||||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 02-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 02-07-2026 | 2026-00240529 | |
| 31-12-2024 | micro format | 17-06-2025 | 2025-00144574 | |
| 31-12-2023 | micro format | 04-07-2024 | 2024-00206447 | |
| 31-12-2022 | micro format | 12-06-2023 | 2023-00123138 | |
| 31-12-2021 | micro format | 18-08-2022 | 2022-20304095 | |
| 31-12-2020 | micro format | 26-07-2021 | 2021-40400465 | |
| 31-12-2019 | micro format | 06-07-2020 | 2020-26900306 | |
| 31-12-2018 | micro format | 11-07-2019 | 2019-31500465 | |
| 31-12-2017 | micro format | 14-08-2018 | 2018-45800441 | |
| 31-12-2016 | abbreviated format | 31-08-2017 | 2017-52400410 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| -7,364 | 28,764 | 46,959 | 43,821 | 6,166 | 40,677 | 24,727 | 38,809 | -41,582 | -1,681 | ||
| -9,135 | 21,609 | 38,314 | 39,584 | 5,416 | 33,604 | 22,000 | 38,370 | -42,243 | -2,075 | ||
| 0 | 1,913 | -1,700 | 35,590 | 2,757 | 0 | 56,556 | 0 | 1,276 | 1,155 | ||
| -56,838 | -19,168 | 22,533 | 53,208 | -44,836 | 35,451 | 688 | 22,178 | -23,334 | - | ||
| 24,015 | 69,325 | 59,863 | 41,460 | 45,653 | 54,303 | 39,241 | 30,220 | -996 | 30,644 | ||
| 26.4% | 54.1% | 38.8% | 29.1% | 34.4% | 34.0% | 20.1% | 27.0% | -140.1% | 35.7% | ||
| 1.30 | 2.22 | 1.66 | 1.45 | 2.55 | 2.72 | 3.01 | 4.42 | 0.95 | 3.22 | ||
| 2.79 | 0.85 | 1.57 | 2.44 | 1.91 | 1.94 | 3.98 | 2.71 | - | 1.80 | ||
| -57.1% | 18.1% | 29.5% | 40.5% | -18.6% | 54.6% | 49.1% | 352.8% | - | -15.2% | ||
| -15.1% | 9.8% | 11.5% | 11.8% | -6.4% | 18.6% | 9.9% | 95.1% | -224.1% | -5.4% | ||
| -4.40 | 34.16 | 41.19 | 37.49 | 8.03 | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 2 | 3 | 4 | 3 | 2 |
| full-time | 2 | 2 | 3 | 3 | 2 |
| part-time | - | 1 | 1 | - | - |
| in full-time equivalents | 2 | 2.3 | 3.3 | 3 | 2 |
| 2 | 2.3 | 3.3 | 3 | 2 | |
| On a permanent contract | 2 | 3 | 4 | 3 | 2 |
| Joined | 1 | 0 | 1 | - | 2 |
| Left | 1 | 1 | 1 | - | 0 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €1,913 | - | €35,590 | €2,757 |
| €7,786 | €7,722 | €18,608 | €18,861 | €11,817 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on WAVEBYTES
The operating result for 2025 is a loss of €15,150, after a profit of €21,041 in 2024. It is the lowest result since 2017.
Debt's share of the balance-sheet total rises from 45.9% to 73.6%. Equity is lower and debt is higher.