Warning lights
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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Tight liquidity NBB
Cash and receivables cover 38 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PixelWaves Solutions from Profondeville, company number BE1017284728, closed financial year 2025 with a result of € -9,056 after tax. For that financial year PixelWaves Solutions recorded a gross margin of € 13,593 and equity of € 1,371. Compared with financial year 2024, the result moved from € 8,427 to € -9,056. The company made a loss. The buffer shrank hard: equity is 87 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2026.
€ 1,371
▼ 87% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -9,056
▼ still € 8,427 profit in 2024
Profit after tax over the fiscal year.
€ 6,691
▲ 139% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -629.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 47,713
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 63,619
€ 16,615 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 5,466
▲ 285% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,947
▼ 25% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 11,235 | € 13,593 | ▲ 21% |
| Profit after taxes | € 8,427 | € -9,056 | ▼ € 17,483 |
| Equity | € 10,427 | € 1,371 | ▼ 87% |
| Total debts | € 10,439 | € 89,384 | ▲ € 78,945 |
| Cash | € 2,801 | € 6,691 | ▲ 139% |
| Retained profit | € 8,427 | € -629 | ▼ € 9,056 |
| Bank debt | € 0 | € 63,619 | |
| Balance sheet total | € 20,866 | € 90,755 | ▲ € 69,889 |
Key figures of PixelWaves Solutions, fiscal years 2024 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 PixelWaves Solutions?
What happened at PixelWaves Solutions in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 9,056 (▼ € 17,483 vs 2024). filed late Source: NBB ↗
- New establishment in Profondeville. KBO
- Michaël LESZEYNSKI became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 8,427 profit in 2024 to € 9,056 loss in 2025.
Paid € 2,809 in corporate taxes since 2024.
Best year ever: 2024, with € 8,427 profit.
Management
Behind PixelWaves Solutions is Michaël LESZEYNSKI.
Directors
According to the 2025 annual accounts
Michaël LESZEYNSKI
Director
since 2024
Establishments
Establishment units
Physical locations of this company
Rue des Six-Bras(LV) 25 box B
5170 Profondeville
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 1017.284.728
- VAT number
- BE 1017.284.728
- Registered office
- Rue des Six-Bras(LV) 25 bus B, 5170 Profondeville
- Names & denominations
- PixelWaves Solutions
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 December 2024
- Peppol
- Active · Active since 11 Feb 2025
- Activities · NACE
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Reparatie en onderhoud van consumentenelektronica
Organisatie van congressen en beurzen
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Overige zakelijke dienstverlening, neg