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Pixular

Active
Private limited company (pre-2019)founded 200025 yrs activeStijn Streuvelsstraat 22, 8800 Roeselare, BelgiumKBO/BCE: BE 0473.502.431
Summary

Pixular has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €32k and a net result of €-2k. Equity remains stable across the filed fiscal years (±1.1% per year). Its solvency ranks better than 58% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability26▼-74
Solvency92▼-8
Growth58▼-20
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 3.03 against 7.85 in 2024; short-term debt: 33% and cash: 65.6% of total assets), and 33% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 25 years 0 30 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
67%
Return on assets
-4.7%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 27-04-2026, 3 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
3 d early
2024
on the day
2023
6 d early
2022
2 d late
2021
1 d early
2020
on the day
2019
6 d early
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€32k▼ 6.5%
2024 · €34k
2018: €33k 2019: €33k▲ +0.7% vs 2018 2020: €37k▲ +11.7% vs 2019 2021: €40k▲ +8.0% vs 2020highest in 8 years 2022: €24k▼ -38.6% vs 2021 2023: €24k▼ -1.7% vs 2022lowest in 8 years 2024: €34k▲ +42.5% vs 2023 2025: €32k▼ -6.5% vs 2024
2018 → 2025
Total assets
€48k▲ 21.7%
2024 · €39k
2018: €37k 2019: €38k▲ +2.4% vs 2018 2020: €43k▲ +14.5% vs 2019 2021: €44k▲ +3.2% vs 2020 2022: €31k▼ -29.5% vs 2021lowest in 8 years 2023: €36k▲ +14.8% vs 2022 2024: €39k▲ +8.7% vs 2023 2025: €48k▲ +21.7% vs 2024highest in 8 years
2018 → 2025
Net result
€-2k
2024 · €10k
2018: €-27klowest in 8 years 2019: €245▲ +101% vs 2018 2020: €4k▲ +1478% vs 2019 2021: €3k▼ -23.9% vs 2020 2022: €-15k▼ -621% vs 2021 2023: €-412▲ +97.3% vs 2022 2024: €10k▲ +2571% vs 2023highest in 8 years 2025: €-2k▼ -122% vs 2024
2018 → 2025
Working capital
€32k▼ 6.5%
2024 · €34k
2018: €30k 2019: €32k▲ +7.0% vs 2018 2020: €37k▲ +14.4% vs 2019 2021: €40k▲ +8.0% vs 2020highest in 8 years 2022: €24k▼ -38.6% vs 2021 2023: €24k▼ -1.7% vs 2022lowest in 8 years 2024: €34k▲ +42.5% vs 2023 2025: €32k▼ -6.5% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€40k-€24k▼ 38.6%€24k▼ 1.7%€34k▲ 42.5%€32k▼ 6.5% 2021: €40khighest in 5 years 2022: €24k▼ -38.6% vs 2021 2023: €24k▼ -1.7% vs 2022lowest in 5 years 2024: €34k▲ +42.5% vs 2023 2025: €32k▼ -6.5% vs 2024
Operating result€3k-€-14k€2k€12k▲ 560%€-482 2021: €3k 2022: €-14k▼ -551% vs 2021lowest in 5 years 2023: €2k▲ +113% vs 2022 2024: €12k▲ +560% vs 2023highest in 5 years 2025: €-482▼ -104% vs 2024
Net result€3k-€-15k€-412▲ 97.3%€10k€-2k 2021: €3k 2022: €-15k▼ -621% vs 2021lowest in 5 years 2023: €-412▲ +97.3% vs 2022 2024: €10k▲ +2571% vs 2023highest in 5 years 2025: €-2k▼ -122% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€-10k€0€10kOperating result 2021: €3k€3kNet result 2021: €3k€3kOperating result 2022: €-14k€-14kNet result 2022: €-15k€-15kOperating result 2023: €2k€2kNet result 2023: €-412€-412Operating result 2024: €12k€12kNet result 2024: €10k€10kOperating result 2025: €-482€-482Net result 2025: €-2k€-2k20212022202320242025€-5k€0€5k€10kOperating result 2023: €2k€1.8kNet result 2023: €-412€-412Operating result 2024: €12k€12kNet result 2024: €10k€10kOperating result 2025: €-482€-482Net result 2025: €-2k€-2.2k202320242025
The operating result turns negative in 2025: a loss of €482 after €12k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €48k
Equity €32k ▼ 6.5%
Debt €16k ▲ 215%
Debt's share of the balance-sheet total rises from 12.7% to 33.0%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
Current ratio
3.03▼
2024 · 7.85
Debt to equity
0.49▲
2024 · 0.15
ROE
-7.0%▼
2024 · 29.8%
ROA
-4.7%▼
2024 · 26.0%
Debt ≤ 1 year
€16k▲
2024 · €5k
Income taxes
€2k▲
2024 · €1k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 33 lines
Balance sheet Code20242025
Assets
Total assets20/58€39k€48k▲
Current assets29/58€39k€48k▲
Amounts receivable within one year40/41€5k€16k▲
Trade receivables40€5k€16k▲
Cash at bank and in hand54/58€34k€31k▼
Equity and liabilities
Total equity and liabilities10/49€39k€48k▲
Equity10/15€34k€32k▼
Contributions10/11€7k€7k=
Reserves13€27k€25k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€5k€0▼
Distributable reserves133€20k€23k▲
Amounts payable17/49€5k€16k▲
Amounts payable within one year42/48€5k€16k▲
Trade debts44€341€11k▲
Suppliers440/4€341€11k▲
Taxes, remuneration and social security45€2k€2k▼
Taxes450/3€2k€2k▼
Other amounts payable47/48€3k€3k▲
Income statement Code20242025
Other operating charges640/8€499€168▼
Gross operating margin9900€12k€-314▼
Operating profit (loss)9901€12k€-482▼
Financial charges65/66B€123€110▼
Recurring financial charges65€123€110▼
Profit (loss) for the period before taxes9903€12k€-593▼
Income taxes67/77€1k€2k▲
Profit (loss) for the period9904€10k€-2k▼
Transfer from tax-exempt reserves789€5k€5k=
Profit (loss) for the period to be appropriated9905€15k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€15k€3k▼
Transfer to equity691/2€15k€3k▼
To other reserves6921€15k€3k▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line20212022202320242025Change
Other operating charges640/8€804€406€460€499€168▼ 66.3%
Gross operating margin9900€4k€-13k€2k€12k€-314▼ 103%
Operating profit (loss)9901€3k€-14k€2k€12k€-482▼ 104%
Financial income75/76B€73-----
Recurring financial income75€73-----
Financial charges65/66B€126€129€212€123€110▼ 10.6%
Recurring financial charges65€126€129€212€123€110▼ 10.6%
Profit (loss) for the period before taxes9903€3k€-14k€2k€12k€-593▼ 105%
Income taxes67/77-€2k€2k€1k€2k▲ 22.9%
Profit (loss) for the period9904€3k€-15k€-412€10k€-2k▼ 122%
Transfer from tax-exempt reserves789-€11k€7k€5k€5k=
Profit (loss) for the period to be appropriated9905€3k€-5k€7k€15k€3k▼ 81.8%
Line20212022202320242025Change
Assets
Total assets20/58€44k€31k€36k€39k€48k▲ 21.7%
Current assets29/58€44k€31k€36k€39k€48k▲ 21.7%
Amounts receivable within one year40/41€8k€3k€13k€5k€16k▲ 204%
Trade receivables40€8k€3k€13k€5k€16k▲ 204%
Cash at bank and in hand54/58€36k€28k€23k€34k€31k▼ 7.3%
Equity and liabilities
Total equity and liabilities10/49€44k€31k€36k€39k€48k▲ 21.7%
Equity10/15€40k€24k€24k€34k€32k▼ 6.5%
Contributions10/11€7k€7k€7k€7k€7k=
Reserves13€33k€19k€17k€27k€25k▼ 8.2%
Non-distributable reserves130/1€2k€2k€2k€2k€2k=
Reserves not available under the articles1311€2k€2k€2k€2k€2k=
Tax-exempt reserves132€28k€17k€10k€5k€0▼ 100%
Distributable reserves133€3k-€5k€20k€23k▲ 13.5%
Profit (loss) carried forward14-€-2k----
Amounts payable17/49€5k€7k€12k€5k€16k▲ 215%
Amounts payable within one year42/48€5k€7k€12k€5k€16k▲ 215%
Trade debts44€646€2k€4k€341€11k▲ 3,145%
Suppliers440/4€646€2k€4k€341€11k▲ 3,145%
Taxes, remuneration and social security45€2k€2k€5k€2k€2k▼ 5.6%
Taxes450/3€2k€2k€5k€2k€2k▼ 5.6%
Other amounts payable47/48€3k€3k€3k€3k€3k▲ 5.9%
Line20212022202320242025Change
Profit (loss) for the period9904€3k€-15k€-412€10k€-2k▼ 122%
Operating cash flow (approximation)€3k€-15k€-412€10k€-2k▼ 122%
Change in cash-€-8k€-6k€11k€-2k▼ 122%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
27-04
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-04
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial Back to profitnet €10k
Net result €10k after 2 loss-making years.
30-09
Financial Liquidity triplescurrent ratio 7.85
Current ratio from 2.99 to 7.85; short-term debt falls from €12k to €5k.
24-04
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
02-05
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 2 days late
2022
29-04
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
30-04
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
24-04
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial Back to profitnet €245
Net result €245 after one loss-making year.
09-05
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 9 days late
2018
09-05
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 9 days late
2017
09-05
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 9 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Roeselare · 1 establishment unit since 2000
seat establishment The establishment unit on the map
Ground area
1,366 m²
Parcel 36302B0089/00N002, Flanders. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
PIXULAR BVBA
Stijn Streuvelsstraat 22, 8800 RoeselareScientific research and development
since 20002.099.980.219
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
36302B0089/00N002 Flanders 1,365 m² - -
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 3,211 companies in sector 62900 we hold annual accounts for 1,742. 1,254 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded11-12-2000
Fiscal year end30-09
Activities, NACEBEL 2025
62900Other information technology and computer services

Scores and ratios are computed by Checked and are not a credit decision.