Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 30 % of short-term debt in 2025; threshold 65 %.
-
Busy address KBO
26 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Northwave Belgium from Machelen (Brab.), company number BE0778555949, closed financial year 2025 with a result of € -112,021 after tax. For that financial year Northwave Belgium recorded a gross margin of € -24,513 and equity of € -399,055. Compared with financial year 2024, the result moved from € -251,759 to € -112,021. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 13, 2026.
€ -399,055
▼ € 112,021 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -112,021
▲ 56 % less loss than in 2024
Profit after tax over the fiscal year.
€ 97,138
▲ € 73,418 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -424,055.
People and assets in 2025
1.3
Average over the fiscal year, from the social balance sheet.
€ 80,849
▼ 41% vs 2024
€ 62,200 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.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 19,969
▼ 42% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11,513
▼ 71% 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 | € -21,727 | € -38,088 | € -109,933 | € -24,513 | ▲ € 85,419 |
| Profit after taxes | € -22,089 | € -38,185 | € -251,759 | € -112,021 | ▲ € 139,738 |
| Equity | € 2,911 | € -35,274 | € -287,034 | € -399,055 | ▼ € 112,021 |
| Total debts | € 19,267 | € 56,465 | € 367,382 | € 585,309 | ▲ 59% |
| Cash | € 20,061 | € 11,094 | € 23,720 | € 97,138 | ▲ € 73,418 |
| Retained profit | € -22,089 | € -60,274 | € -312,034 | € -424,055 | ▼ € 112,021 |
| Balance sheet total | € 22,178 | € 21,191 | € 80,348 | € 186,254 | ▲ 132% |
| Employees (FTE) | - | - | - | 1.3 |
Key figures of Northwave Belgium, 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 Northwave Belgium?
What happened at Northwave Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 112,021. filed late Source: NBB ↗
- New establishment in Machelen (Brab.). KBO
- Stefanus Dondorp became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 22,089 loss in 2022 to € 112,021 loss in 2025.
Paid € 620 in corporate taxes since 2022.
A new publication or filing at Northwave Belgium? We notify you, reason included.
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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 Northwave Belgium is Stefanus Dondorp. The shares are held by Northwave Benelux (100%).
Directors
According to the 2025 annual accounts
Stefanus Dondorp
Director
since 2021
Shareholders
Northwave Benelux
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Leonardo da Vincilaan 19A
1831 Machelen (Brab.)
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 26 companies are registered at this address.
All companies at this address →McDonald's Restaurants Belgium
MIRKO
€ -27,401 gross margin · 2025
THE CAPITAL MARKETS COMPANY
€ 8.6 million revenue · 2025
AGILENT TECHNOLOGIES BELGIUM
€ 60 million revenue · 2025
Cardinal Health Belgium 505
€ 10.9 million revenue · 2025
+21 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Microsoft 365
Hosting
CLOUDFLARESPECTRUM Cloudflare, Inc., US
DNS
Cloudflare DNS
Domain
Domain
northwave-security.com
Registered
2013-01-10
Registrar
Key-Systems GmbH
Expires
2027-01-10
Website info
Features
Security
Network
Details
- Company number
- 0778.555.949
- VAT number
- BE 0778.555.949
- Registered office
- Leonardo da Vincilaan 19A, 1831 Machelen (Brab.)
- Names & denominations
- Northwave Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 December 2021
- Peppol
- Active · Active since 2 Dec 2025
- Activities · NACE
Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten
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Computerconsultancy-activiteiten
Ontwerpen en programmeren van computerprogramma's
Activiteiten van holdings
Computerinfrastructuur, gegevensverwerking, hosting en aanverwante activiteiten
Overige activiteiten van vrije beroepen en andere wetenschappelijke en technische activiteiten, neg
Overige gespecialiseerde wetenschappelijke en technische activiteiten
+3