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Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
mdwave from Leuven, company number BE0756906935, closed financial year 2025 with a result of € 108,062 after tax. For that financial year mdwave recorded a gross margin of € 244,020 and equity of € 490,292. Compared with financial year 2024, the result moved from € 74,632 to € 108,062. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2026.
€ 490,292
▼ 23% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 108,062
▲ 45% vs 2024
Profit after tax over the fiscal year.
€ 178,098
▲ 47% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 251,113 paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2025
€ 2,108
▼ 75% vs 2024
Loans from banks and other lenders, long and short.
€ 15,472
▲ 80% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 60,713
▲ 289% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 209,150 | € 150,076 | € 206,041 | € 244,020 | ▲ 18% |
| Profit after taxes | € 82,895 | € 34,253 | € 74,632 | € 108,062 | ▲ 45% |
| Equity | € 524,458 | € 558,711 | € 633,343 | € 490,292 | ▼ 23% |
| Total debts | € 492,456 | € 354,675 | € 234,669 | € 394,742 | ▲ 68% |
| Cash | € 171,786 | € 139,612 | € 120,829 | € 178,098 | ▲ 47% |
| Retained profit | € 519,458 | € 553,711 | € 628,343 | € 485,292 | ▼ 23% |
| Dividend | € 0 | € 0 | € 0 | € 251,113 | |
| Bank debt | € 104,572 | € 58,788 | € 8,434 | € 2,108 | ▼ 75% |
| Balance sheet total | € 1,016,913 | € 913,386 | € 868,013 | € 885,034 | ▲ 2% |
Key figures of mdwave, fiscal years 2022 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 mdwave?
What happened at mdwave in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 108,062 (▲ 45% vs 2024). filed late Source: NBB ↗
- New establishment in Leuven. KBO
- Start of the company according to the CBE. KBO
- Pieter Waer became a director. NBB
In short
From € 82,895 profit in 2022 to € 108,062 profit in 2025.
Paid € 116,525 in corporate taxes since 2022.
Best year ever: 2025, with € 108,062 profit.
Paid out € 251,113 in dividends to the owners in total.
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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
Behind mdwave is Pieter Waer. Pieter Waer is also behind Pro Image.
Directors
According to the 2025 annual accounts
since 2020
Establishments
Establishment units
Physical locations of this company
Koning Leopold III-laan 55
3001 Leuven
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0756.906.935
- VAT number
- BE 0756.906.935
- Registered office
- Koning Leopold III-laan 55, 3001 Leuven
- Names & denominations
- mdwave
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 October 2020
- Peppol
- Not registered
- Activities · NACE
Activiteiten van medisch specialisten