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WIDIX

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

The annual accounts of WIDIX for financial year 2025 show a net loss of 92% of the equity at the start of that year. The 2025 annual accounts show equity of €34 and a net result of -€406. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 17% of 2,474 sector peers (NACE 90, financial year 2025). The company has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.4% (very low).

Financials · financial year 2025, micro format

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 returns to profit in 2025: €3,222 after a loss of €46,176 in 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

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

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

Sector: the middle half of NACE 90, Arts creation and performing arts activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, 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 middle half of NACE 90, Arts creation and performing arts activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin 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
Equity ratios withheld: 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.

Peer companies

Historical observation

Of the 1,037 companies that looked in July 2024 the way this one looks now, 2.9% went bankrupt within 24 months and 93.8% are still going.

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

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,037 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
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 (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

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

Similar companies · same sector, comparable size

Of the 3,384 active companies whose main activity is specialised image, lighting and sound technical services (NACE 90393), figures are known for 979. 8 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.