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WIDIX

Active
Private limited companyfounded 2014active for 12 yearsRoelerdreef 7, 3620 Lanaken, BelgiumKBO/BCE: BE 0546.780.882

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 31-07-2026 at the NBB all 6 filings

Turnover
≈ €61,000
Estimated: probably between €30,000 and €130,000
Total assets
€54,638▲ 35.0%
2024 · €40,466
Net result
-€406▲ 99.1%
2024 · -€46,853
Working capital
-€15,728▲ 41.2%
2024 · -€26,747
Trend over the years

2021 to 2025, 5 financial years 2020 to 2025, 6 financial years

The operating result for 2025 is a profit of €3,222, after a loss of €46,176 in 2024.

Operating result€3,222 2025 Net result-€406 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Arts creation and performing arts activities (NACE 90). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line202020212022202320242025
Operating result€48,490-€45,231▼ 6.7%€62,389▲ 37.9%-€65,402-€46,176▲ 29.4%€3,222
Net result€38,356above the sector's middle half-€32,552above the sector's middle half▼ 15.1%€48,215above the sector's middle half▲ 48.1%-€65,441below the sector's middle half-€46,853below the sector's middle half▲ 28.4%-€406within the sector's middle half▲ 99.1%
Equity€43,752within the sector's middle half-€76,304within the sector's middle half▲ 74.4%€112,734within the sector's middle half▲ 47.7%€47,293within the sector's middle half▼ 58.0%€440below the sector's middle half▼ 99.1%€34below the sector's middle half▼ 92.3%
Total assets€87,564within the sector's middle half-€183,145within the sector's middle half▲ 109%€179,693within the sector's middle half▼ 1.9%€138,003within the sector's middle half▼ 23.2%€40,466below the sector's middle half▼ 70.7%€54,638within the sector's middle half▲ 35.0%
Debt€43,812-€106,841▲ 144%€66,959▼ 37.3%€90,710▲ 35.5%€40,027▼ 55.9%€54,604▲ 36.4%
Working capital€58,520within the sector's middle half-€85,153above the sector's middle half▲ 45.5%€110,249above the sector's middle half▲ 29.5%€44,460within the sector's middle half▼ 59.7%-€26,747below the sector's middle half-€15,728below the sector's middle half▲ 41.2%
Solvency50.0%within the sector's middle half-41.7%within the sector's middle half▼ 8.3pp62.7%within the sector's middle half▲ 21.1pp34.3%within the sector's middle half▼ 28.5pp1.1%below the sector's middle half▼ 33.2pp0.1%below the sector's middle half▼ 1.0pp
Current ratio3.43within the sector's middle half-1.92within the sector's middle half▼ 1.512.80within the sector's middle half▲ 0.881.51within the sector's middle half▼ 1.300.33below the sector's middle half▼ 1.180.68below the sector's middle half▲ 0.35
Return on assets (ROA)43.8%above the sector's middle half-17.8%within the sector's middle half▼ 26.0pp26.8%above the sector's middle half▲ 9.1pp-47.4%below the sector's middle half▼ 74.3pp-115.8%below the sector's middle half▼ 68.4pp-0.7%within the sector's middle half▲ 115.0pp
above within below The sector band is the middle half of the companies in Arts creation and performing arts activities (NACE 90). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €54,638
Fixed assets €20,624 ▼ 24.1%
Current assets €34,013 ▲ 156%
Equity and liabilities €54,638
Equity €34 ▼ 92.3%
Debt €54,604 ▲ 36.4%
Debt's share of the balance-sheet total rises from 98.9% to 99.9%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€9,784▲
2024 · -€40,749
Cash flow
€6,156▲
2024 · -€41,426
Interest coverage
12.15▲
2024 · -83.72
Debt ≤ 1 year
€49,742▲
2024 · €40,027
Income taxes
€577▲
2024 · €413
The equity ratios are withheld because equity of €34 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Comparable companies

These companies have the same main activity as WIDIX: specialised image, lighting and sound technical services (NACE 90393). They are comparable in size and age: total assets between €49,800 and €82,300, founded between 2008 and 2018.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
WIDIX Lanaken2014€54,638€34€10,827-€4062025
SOUND OF VISION Elsene2016€50,189€12,715€9,992€5,3622025
PADABOEM Antwerpen2014€49,754€23,628€5,984€2,4422025
SOUNDOPOLIS Fernelmont2008€61,354€44,597€13,547€3,3972025
IMBERECHTS Begijnendijk2018€51,860€45,033€13,294€6,7332025
ET J'AI CRIÉ Brussel2010€82,282€48,963€9,871-€15,8222025
Lothar Legon Kalmthout2017€62,562€13,647€7,846-€7832025

They were chosen from the 961 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 1,037 companies had the same profile as WIDIX has now. Two years later, 2.9% had gone bankrupt and 93.8% were still going.

  • Micro
  • 10 to 20 years old
  • solvency under 10%
  • a small loss
2.9% went bankrupt
2.9% stopped otherwise
93.8% was still going

Another 0.4% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of WIDIX itself is lower: 0.4% within 12 months. It rests on far more data about WIDIX than the profile alone.

Test of the method

The method was tested on the 497,445 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 1,037 companies, not a prediction for WIDIX. 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines

Source: Annual accounts 2025 at the NBB, filed on 31-07-2026.

Balance sheet Code20242025
Assets
Total assets20/58€40,466€54,638▲
Fixed assets21/28€27,187€20,624▼
Tangible fixed assets22/27€27,187€20,624▼
Land and buildings22€3,756€3,199▼
Furniture and vehicles24€23,430€17,425▼
Current assets29/58€13,280€34,013▲
Amounts receivable after more than one year29€0-
Other amounts receivable291€0-
Amounts receivable within one year40/41€11,715€32,538▲
Trade receivables40€62€14,280▲
Other amounts receivable41€11,654€18,258▲
Cash at bank and in hand54/58€621€120▼
Deferred charges and accrued income490/1€944€1,356▲
Equity and liabilities
Total equity and liabilities10/49€40,466€54,638▲
Equity10/15€440€34▼
Reserves13€47,293€47,293=
Distributable reserves133€47,293€47,293=
Profit (loss) carried forward14-€46,853-€47,259▼
Amounts payable17/49€40,027€54,604▲
Amounts payable within one year42/48€40,027€49,742▲
Current portion of amounts payable after more than one year42€0-
Trade debts44€24,517€29,775▲
Suppliers440/4€24,517€29,775▲
Taxes, remuneration and social security45€475€4,933▲
Taxes450/3€475€4,933▲
Other amounts payable47/48€15,034€15,034=
Accrued charges and deferred income492/3€0€4,862▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,428€6,562▲
Other operating charges640/8€1,198€1,043▼
Gross operating margin9900-€39,551€10,827▲
Operating profit (loss)9901-€46,176€3,222▲
Financial income75/76B€222€757▲
Recurring financial income75€222€757▲
Financial charges65/66B€487€3,807▲
Recurring financial charges65€487€805▲
Non-recurring financial charges66B-€3,002
Profit (loss) for the period before taxes9903-€46,441€172▲
Income taxes67/77€413€577▲
Profit (loss) for the period9904-€46,853-€406▲
Profit (loss) for the period to be appropriated9905-€46,853-€406▲
Appropriation of the result
Profit (loss) to be appropriated9906-€75,864-€47,259▲
Profit (loss) brought forward from the previous period14P-€29,011-€46,853▼
Transfer from equity791/2€29,011€0▼

The notes to these accounts have 4 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.

Line202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,339€1,752€2,014€2,279€5,428€6,562▲ 20.9%
Other operating charges640/8-€527€527€747€1,198€1,043▼ 13.0%
Non-recurring operating charges66A-€0-----
Gross operating margin9900€54,402€47,509€64,929-€62,376-€39,551€10,827-
Operating profit (loss)9901€48,490€45,231€62,389-€65,402-€46,176€3,222-
Financial income75/76B-€1,038€1,063€1,038€222€757▲ 240%
Recurring financial income75€2,692€1,038€1,063€1,038€222€757▲ 240%
Financial charges65/66B-€1,233€854€1,015€487€3,807▲ 682%
Recurring financial charges65€2,834€1,233€854€1,015€487€805▲ 65.4%
Non-recurring financial charges66B-----€3,002-
Profit (loss) for the period before taxes9903€48,348€45,036€62,598-€65,378-€46,441€172-
Income taxes67/77€9,992€12,484€14,382€63€413€577▲ 39.9%
Profit (loss) for the period9904€38,356€32,552€48,215-€65,441-€46,853-€406▲ 99.1%
Profit (loss) for the period to be appropriated9905€38,356€32,552€48,215-€65,441-€46,853-€406▲ 99.1%
Line202020212022202320242025Change
Assets
Total assets20/58€87,564€183,145€179,693€138,003€40,466€54,638▲ 35.0%
Fixed assets21/28€5,004€5,480€8,312€6,033€27,187€20,624▼ 24.1%
Tangible fixed assets22/27€5,004€5,480€8,312€6,033€27,187€20,624▼ 24.1%
Land and buildings22-€700€5,102€4,392€3,756€3,199▼ 14.8%
Furniture and vehicles24-€4,779€3,210€1,642€23,430€17,425▼ 25.6%
Current assets29/58€82,560€177,665€171,380€131,970€13,280€34,013▲ 156%
Amounts receivable after more than one year29-€41,038€40,000€20,000€0--
Other amounts receivable291-€41,038€40,000€20,000€0--
Amounts receivable within one year40/41€65,280€125,149€82,759€99,032€11,715€32,538▲ 178%
Trade receivables40-€118,125€75,625€96,414€62€14,280▲ 232×
Other amounts receivable41-€7,024€7,134€2,618€11,654€18,258▲ 56.7%
Cash at bank and in hand54/58€17,281€10,257€47,270€10,307€621€120▼ 80.7%
Deferred charges and accrued income490/1-€1,220€1,352€2,631€944€1,356▲ 43.6%
Equity and liabilities
Total equity and liabilities10/49€87,564€183,145€179,693€138,003€40,466€54,638▲ 35.0%
Equity10/15€43,752€76,304€112,734€47,293€440€34▼ 92.3%
Reserves13€32,417€76,304€76,304€76,304€47,293€47,293=
Distributable reserves133-€76,304€76,304€76,304€47,293€47,293=
Profit (loss) carried forward14€11,335€0€36,430-€29,011-€46,853-€47,259▼ 0.9%
Amounts payable17/49€43,812€106,841€66,959€90,710€40,027€54,604▲ 36.4%
Amounts payable after more than one year17€19,372€12,303€5,001€0---
Financial debts170/4-€12,303€5,001€0---
Amounts payable within one year42/48€24,040€92,512€61,132€87,510€40,027€49,742▲ 24.3%
Current portion of amounts payable after more than one year42-€7,069€7,302€5,001€0--
Financial debts43-€17,000€17,000€0---
Credit institutions430/8-€17,000€17,000€0---
Trade debts44€1,696€34,657€2,617€68,367€24,517€29,775▲ 21.4%
Suppliers440/4-€34,657€2,617€68,367€24,517€29,775▲ 21.4%
Taxes, remuneration and social security45-€19,906€12,716€2,702€475€4,933▲ 938%
Taxes450/3-€7,406€7,716€2,702€475€4,933▲ 938%
Remuneration and social security454/9-€12,500€5,000€0---
Other amounts payable47/48-€13,879€21,496€11,440€15,034€15,034=
Accrued charges and deferred income492/3-€2,026€826€3,200€0€4,862-
Line202020212022202320242025Change
Profit (loss) for the period9904€38,356€32,552€48,215-€65,441-€46,853-€406▲ 99.1%
+ Depreciation and write-downs630€1,339€1,752€2,014€2,279€5,428€6,562▲ 20.9%
Operating cash flow (approximation)€39,695€34,304€50,230-€63,161-€41,426€6,156-
Investment in fixed assets (approximation)--€2,228-€4,847€0-€26,581€0-
Change in cash--€7,023€37,013-€36,963-€9,686-€501▲ 94.8%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (6)
Financial year Type Filed Reference Document
31-12-2025 micro format 31-07-2026 2026-00366161 NBB
31-12-2024 micro format 26-08-2025 2025-00403028 PDF
31-12-2023 micro format 29-08-2024 2024-00390680 PDF
31-12-2022 micro format 26-07-2023 2023-00271363 PDF
31-12-2021 micro format 11-07-2022 2022-20168475 PDF
31-12-2020 micro format 30-08-2021 2021-57700348 PDF

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