What does THE WAVE do?

THE WAVE is an advertising agency in Watermaal-Bosvoorde. Public Limited, started on 14 July 1994, 1 establishment.

What is the address of THE WAVE?

The registered office of THE WAVE is located at Middelburgstraat 66, 1170 Watermaal-Bosvoorde.

Is THE WAVE still active?

Yes. According to the CBE (29 October 2026) THE WAVE is active, legal situation “Normale toestand”, started on 14 July 1994.

Is THE WAVE registered on Peppol?

Yes, THE WAVE is registered on the Peppol network with ID 0208:0453138765.

What is the enterprise number of THE WAVE?

The enterprise number of THE WAVE is BE0453138765.

When was THE WAVE founded?

THE WAVE was founded on 14 July 1994.

Who are the directors of THE WAVE?

According to the 2024 annual accounts, the directors of THE WAVE are: SRL CEMCO.

Is THE WAVE a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 14 July 1994; 4 annual accounts filed, latest fiscal year 2024; 1 directors known from the annual account.

How much profit did THE WAVE make in 2024?

THE WAVE posted a profit after taxes of € 567,549 in financial year 2024.

What is the revenue of THE WAVE?

As a small company, THE WAVE is not required to publish revenue in its annual accounts. In financial year 2024, its added value was € 992,981.

THE WAVE (Public Limited) - Watermaal-Bosvoorde

Dossier THE WAVE, printed on 29 October 2026 from databakkes.be/en/0453138765/the-wave. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2024

THE WAVE from Watermaal-Bosvoorde, company number BE0453138765, closed financial year 2024 with a result of € 567,549 after tax. For that financial year THE WAVE recorded a gross margin of € 992,981 and equity of € 1.6 million. Compared with financial year 2023, the result moved from € 309,965 to € 567,549. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 29, 2025.

What it is worth Growing

€ 1.6 million

▲ 21% vs 2023

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 567,549

▲ 83% vs 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 297,006

▲ 99% vs 2023

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 300,000 paid out

53 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2024

Wage cost

€ 240,326

▲ 33% vs 2023

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 112,434

▲ 84% vs 2023

Book value of vehicles, furniture and equipment.

Debts at end 2024

Bank debt ≈ 1 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 156,886

▼ 4% vs 2023

€ 137,564 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.

Owed to suppliers

€ 124,707

▼ 47% vs 2023

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 156,374

▲ 68% vs 2023

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2021	2022	2023	2024	Change 2023 → 2024
Gross margin	€ 646,604 Gross margin 2021: € 646,604 First fiscal year in the series	€ 619,121 Gross margin 2022: € 619,121 ▼ 4% vs 2021 (€ 646,604) Unfavourable step	€ 673,782 Gross margin 2023: € 673,782 ▲ 9% vs 2022 (€ 619,121) Favourable step	€ 992,981 Gross margin 2024: € 992,981 ▲ 47% vs 2023 (€ 673,782) Favourable step	▲ 47%
Profit after taxes	€ 360,023 Profit after taxes 2021: € 360,023 First fiscal year in the series	€ 297,080 Profit after taxes 2022: € 297,080 ▼ 17% vs 2021 (€ 360,023) Unfavourable step	€ 309,965 Profit after taxes 2023: € 309,965 ▲ 4% vs 2022 (€ 297,080) Favourable step	€ 567,549 Profit after taxes 2024: € 567,549 ▲ 83% vs 2023 (€ 309,965) Favourable step	▲ 83%
Equity	€ 689,912 Equity 2021: € 689,912 First fiscal year in the series	€ 986,992 Equity 2022: € 986,992 ▲ 43% vs 2021 (€ 689,912) Favourable step	€ 1,296,957 Equity 2023: € 1,296,957 ▲ 31% vs 2022 (€ 986,992) Favourable step	€ 1,564,506 Equity 2024: € 1,564,506 ▲ 21% vs 2023 (€ 1,296,957) Favourable step	▲ 21%
Total debts	€ 428,111 Total debts 2021: € 428,111 First fiscal year in the series	€ 377,856 Total debts 2022: € 377,856 ▼ 12% vs 2021 (€ 428,111) Favourable step	€ 493,646 Total debts 2023: € 493,646 ▲ 31% vs 2022 (€ 377,856) Unfavourable step	€ 738,187 Total debts 2024: € 738,187 ▲ 50% vs 2023 (€ 493,646) Unfavourable step	▲ 50%
Cash	€ 67,290 Cash 2021: € 67,290 First fiscal year in the series	€ 47,191 Cash 2022: € 47,191 ▼ 30% vs 2021 (€ 67,290) Unfavourable step	€ 149,206 Cash 2023: € 149,206 ▲ 216% vs 2022 (€ 47,191) Favourable step	€ 297,006 Cash 2024: € 297,006 ▲ 99% vs 2023 (€ 149,206) Favourable step	▲ 99%
Land & buildings	€ 5,911 Land & buildings 2021: € 5,911 First fiscal year in the series	-	-	-
Retained profit	€ 628,412 Retained profit 2021: € 628,412 First fiscal year in the series	€ 925,492 Retained profit 2022: € 925,492 ▲ 47% vs 2021 (€ 628,412) Favourable step	€ 1,235,457 Retained profit 2023: € 1,235,457 ▲ 33% vs 2022 (€ 925,492) Favourable step	€ 1,503,006 Retained profit 2024: € 1,503,006 ▲ 22% vs 2023 (€ 1,235,457) Favourable step	▲ 22%
Dividend	€ 0 Dividend 2021: € 0 First fiscal year in the series	€ 0 Dividend 2022: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 300,000 Dividend 2024: € 300,000 Unchanged (€ 0) Unchanged
Bank debt	€ 201,171 Bank debt 2021: € 201,171 First fiscal year in the series	€ 228,365 Bank debt 2022: € 228,365 ▲ 14% vs 2021 (€ 201,171) Unfavourable step	€ 163,413 Bank debt 2023: € 163,413 ▼ 28% vs 2022 (€ 228,365) Favourable step	€ 156,886 Bank debt 2024: € 156,886 ▼ 4% vs 2023 (€ 163,413) Favourable step	▼ 4%
Balance sheet total	€ 1,118,023 Balance sheet total 2021: € 1,118,023 First fiscal year in the series	€ 1,364,848 Balance sheet total 2022: € 1,364,848 ▲ 22% vs 2021 (€ 1,118,023) Unchanged	€ 1,790,603 Balance sheet total 2023: € 1,790,603 ▲ 31% vs 2022 (€ 1,364,848) Unchanged	€ 2,302,693 Balance sheet total 2024: € 2,302,693 ▲ 29% vs 2023 (€ 1,790,603) Unchanged	▲ 29%

Key figures of THE WAVE, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.

What happened to THE WAVE?

What happened at THE WAVE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Sep 29, 2025 New annual accounts for financial year 2024: profit of € 567,549 (▲ 83% vs 2023). filed late Source: NBB ↗
2023 SRL CEMCO became a director. NBB
Jun 10, 2003 New establishment in Watermaal-Bosvoorde. KBO
Jul 14, 1994 Start of the company according to the CBE. KBO

In short

From € 360,023 profit in 2021 to € 567,549 profit in 2024.

Paid € 412,451 in corporate taxes since 2021.

Best year ever: 2024, with € 567,549 profit.

Paid out € 300,000 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

SRL CEMCO

THE WAVE

HM-INSIGHT

R'Solutions

MEDICIMMO REAL ESTATE

Behind THE WAVE is SRL CEMCO. SRL CEMCO is also behind HM-INSIGHT, R'Solutions, MEDICIMMO REAL ESTATE, URBIZ and MFM DIGITAL.

Directors

According to the 2024 annual accounts

SRL CEMCO

Director

Also active at: HM-INSIGHT, R'Solutions, MEDICIMMO REAL ESTATE, URBIZ, MFM DIGITAL, URBIZ.IMMO

since 2023

Establishments

Establishment units

Physical locations of this company

Registered office

Middelburgstraat 66

1170 Watermaal-Bosvoorde

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.

All companies at this address →

Anciens Etablissements R. Pattou

URBIZ same network

€ 19,000 gross margin · 2025

MFM DIGITAL same network

€ 344,450 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0453.138.765

VAT number

BE 0453.138.765

Registered office

Middelburgstraat 66, 1170 Watermaal-Bosvoorde

Names & denominations

THE WAVE

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

14 July 1994

Peppol

Active · Active since 19 Dec 2025

Activities · NACE

Activiteiten van reclamebureaus

Publiciteitsagentschappen

Ontwerpen van computerprogramma’s

Ontwerpen en programmeren van computerprogramma's

Computerinfrastructuur, gegevensverwerking, hosting en aanverwante activiteiten

Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten

Gegevensverwerking, webhosting en aanverwante activiteiten

Computerconsultancy-activiteiten

View on CBE Public ↗ Annual accounts (NBB) ↗

THE WAVE

Financials

What happened to THE WAVE?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions