Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 10 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
nWave Digital from Vorst, company number BE0449312314, closed financial year 2025 with a result of € 64,617 after tax. For that financial year nWave Digital recorded revenue of € 236,476 and equity of € 2.5 million. Compared with financial year 2024, the result moved from € 1.1 million to € 64,617. The company is profitable. The buffer shrank hard: equity is 84 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 7, 2026.
€ 2.5 million
▼ 84% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 64,617
▼ 94% vs 2024
Profit after tax over the fiscal year.
€ 2,435
▼ 64% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 13.1 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
28.3
▲ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.2 million
▲ 5% vs 2024
€ 76,000 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 41,945
▼ 65% vs 2024
Of which on lease € 41,945.
Debts at end 2025
€ 43,223
▼ 60% vs 2024
€ 24,193 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 3 million
▼ 31% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 228 days on average.
€ 425,202
▼ 32% vs 2024
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2021 | 2022 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 836 | € 10,066,323 | € 10,140,080 | € 236,476 | ▼ 98% |
| Profit after taxes | € 0 | € 1,439,953 | € 1,069,410 | € 64,617 | ▼ 94% |
| Equity | € 12,161,519 | € 13,601,473 | € 15,524,617 | € 2,468,434 | ▼ 84% |
| Total debts | € 14,375,359 | € 3,554,748 | € 9,001,597 | € 7,478,607 | ▼ 17% |
| Cash | € 21,339 | € 17,880 | € 6,699 | € 2,435 | ▼ 64% |
| Retained profit | € 11,727,519 | € 13,167,473 | € 15,090,617 | € 2,034,434 | ▼ 87% |
| Dividend | € 0 | € 0 | € 0 | € 13,120,800 | |
| Bank debt | € 626,841 | € 364,461 | € 109,300 | € 43,223 | ▼ 60% |
| Balance sheet total | € 26,536,878 | € 17,156,221 | € 24,526,214 | € 9,947,041 | ▼ 59% |
| Employees (FTE) | 22.4 | 22.5 | 27.9 | 28.3 | ▲ 0.4 |
Key figures of nWave Digital, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to nWave Digital?
What happened at nWave Digital in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- NWAVE STUDIOS stepped down as director. NBB
- Matthieu Gondinet stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 64,617 (▼ 94% vs 2024). filed late Source: NBB ↗
- NWAVE STUDIOS became a director. NBB
- Matthieu Gondinet became a director. NBB
- New establishment in Seneffe. KBO
- New establishment in Vorst. KBO
- Start of the company according to the CBE. KBO
In short
From € 0 profit in 2021 to € 64,617 profit in 2025.
Paid € 974,339 in corporate taxes since 2021.
Best year ever: 2022, with € 1.4 million profit.
Paid out € 13.1 million in dividends to the owners in total.
A new publication or filing at nWave Digital? We notify you, reason included.
Follow nWave DigitalDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of nWave Studios comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
nWave DigitalThe shares are held by nWave Studios (100%). It owns 100% of MOVIDA WALLONIE itself.
Directors
According to the 2025 annual accounts
Matthieu Gondinet
Managing director
Also active at: nWave Studios, MAGIC IMAGE, MOVIDA WALLONIE, NWAVE PICTURES
since 2021 · until 2027
Director · represented by Matthieu ZELLER
Also active at: MAGIC IMAGE, MOVIDA WALLONIE, NWAVE PICTURES
since 2022 · until 2028
Shareholders
100%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Van Volxemlaan 297
1190 Vorst
Rue de Saint Ethon 37
7181 Seneffe
Active since 10 October 2001
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0449.312.314
- VAT number
- BE 0449.312.314
- Registered office
- Van Volxemlaan 297, 1190 Vorst
- Names & denominations
- nWave Digital · MOVIDA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 26 January 1993
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Productie van video en film, muv bioscoop- en televisiefilms
Productie van overige films
Publiciteitsagentschappen
Activiteiten op het gebied van de distributie van films en video’s
Activiteiten van reclamebureaus
Gespecialiseerde beeld-, verlichtings- en geluidstechnieken