WAVE!
ActiveSummary
WAVE! has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €109k and a net result of €60k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 95% of 20780 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 31.24 against 8.85 in 2023; short-term debt: 3.1% and cash: 83.7% of total assets), and 3.1% 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 →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
96.9%
Return on assets
53.1%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-06-2025, 50 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
50 d early
2023
6 d early
2022
104 d early
2021
61 d early
2020
100 d early
2019
12 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€109k▲ 121%
2023 · €49k
2019: €42klowest in 6 years
2020: €114k▲ +168% vs 2019
2021: €186k▲ +63.5% vs 2020
2022: €236k▲ +26.6% vs 2021highest in 6 years
2023: €49k▼ -79.1% vs 2022
2024: €109k▲ +121% vs 2023
2019 → 2024
Total assets
€113k▲ 104%
2023 · €55k
2019: €50klowest in 6 years
2020: €150k▲ +198% vs 2019
2021: €214k▲ +42.6% vs 2020
2022: €260k▲ +21.2% vs 2021highest in 6 years
2023: €55k▼ -78.7% vs 2022
2024: €113k▲ +104% vs 2023
2019 → 2024
Net result
€60k▲ 37.9%
2023 · €43k
2019: €36klowest in 6 years
2020: €71k▲ +96.3% vs 2019
2021: €72k▲ +1.3% vs 2020highest in 6 years
2022: €50k▼ -31.5% vs 2021
2023: €43k▼ -12.5% vs 2022
2024: €60k▲ +37.9% vs 2023
2019 → 2024
Working capital
€106k▲ 131%
2023 · €46k
2019: €39klowest in 6 years
2020: €104k▲ +166% vs 2019
2021: €173k▲ +66.6% vs 2020
2022: €227k▲ +31.0% vs 2021highest in 6 years
2023: €46k▼ -79.9% vs 2022
2024: €106k▲ +131% vs 2023
2019 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€114k-€186k▲ 63.5%€236k▲ 26.6%€49k▼ 79.1%€109k▲ 121%
2020: €114k
2021: €186k▲ +63.5% vs 2020
2022: €236k▲ +26.6% vs 2021highest in 5 years
2023: €49k▼ -79.1% vs 2022lowest in 5 years
2024: €109k▲ +121% vs 2023
Operating result€92k-€91k▼ 1.2%€63k▼ 30.4%€60k▼ 5.3%€82k▲ 35.8%
2020: €92khighest in 5 years
2021: €91k▼ -1.2% vs 2020
2022: €63k▼ -30.4% vs 2021
2023: €60k▼ -5.3% vs 2022lowest in 5 years
2024: €82k▲ +35.8% vs 2023
Net result€71k-€72k▲ 1.3%€50k▼ 31.5%€43k▼ 12.5%€60k▲ 37.9%
2020: €71k
2021: €72k▲ +1.3% vs 2020highest in 5 years
2022: €50k▼ -31.5% vs 2021
2023: €43k▼ -12.5% vs 2022lowest in 5 years
2024: €60k▲ +37.9% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 36% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €113k
Fixed assets
€3k ▼ 12.2%
Current assets
€109k ▲ 112%
Equity and liabilities €113k
Equity
€109k ▲ 121%
Debt
€3k ▼ 41.6%
Debt's share of the balance-sheet total falls from 10.8% to 3.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€84k▲
2023 · €65k
Cash flow
€63k▲
2023 · €48k
Current ratio
31.24▲
2023 · 8.85
Debt to equity
0.03▼
2023 · 0.12
ROE
54.8%▼
2023 · 87.8%
ROA
53.1%▼
2023 · 78.3%
Interest coverage
451.65▼
2023 · 553.69
Debt ≤ 1 year
€3k▼
2023 · €6k
Income taxes
€22k▲
2023 · €17k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €4k | €5k | €5k | €3k | ▼ 43.7% |
| Other operating charges640/8 | - | €421 | €595 | €981 | €1k | ▲ 46.2% |
| Gross operating margin9900 | €94k | €95k | €69k | €66k | €86k | ▲ 29.9% |
| Operating profit (loss)9901 | €92k | €91k | €63k | €60k | €82k | ▲ 35.8% |
| Financial income75/76B | - | €98 | €0 | €1 | €2 | ▲ 302% |
| Recurring financial income75 | €0 | €98 | €0 | €1 | €2 | ▲ 302% |
| Financial charges65/66B | - | €-53 | €141 | €118 | €187 | ▲ 58.9% |
| Recurring financial charges65 | €1k | €-53 | €141 | €118 | €187 | ▲ 58.9% |
| Profit (loss) for the period before taxes9903 | €91k | €91k | €63k | €60k | €81k | ▲ 35.8% |
| Income taxes67/77 | €20k | €19k | €14k | €17k | €22k | ▲ 30.2% |
| Profit (loss) for the period9904 | €71k | €72k | €50k | €43k | €60k | ▲ 37.9% |
| Profit (loss) for the period to be appropriated9905 | €71k | €72k | €50k | €43k | €60k | ▲ 37.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €150k | €214k | €260k | €55k | €113k | ▲ 104% |
| Fixed assets21/28 | €10k | €13k | €9k | €4k | €3k | ▼ 12.2% |
| Tangible fixed assets22/27 | €10k | €13k | €9k | €4k | €3k | ▼ 12.2% |
| Plant, machinery and equipment23 | - | €3k | €2k | €555 | - | - |
| Furniture and vehicles24 | - | €9k | €7k | €3k | €3k | ▲ 2.9% |
| Current assets29/58 | €141k | €202k | €251k | €52k | €109k | ▲ 112% |
| Amounts receivable within one year40/41 | €18k | €23k | €26k | €26k | €14k | ▼ 48.4% |
| Trade receivables40 | - | €23k | €24k | €24k | €12k | ▼ 49.1% |
| Other amounts receivable41 | - | €390 | €2k | €2k | €1k | ▼ 40.8% |
| Cash at bank and in hand54/58 | €121k | €178k | €225k | €24k | €94k | ▲ 298% |
| Deferred charges and accrued income490/1 | - | €247 | €257 | €1k | €1k | ▼ 1.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €150k | €214k | €260k | €55k | €113k | ▲ 104% |
| Equity10/15 | €114k | €186k | €236k | €49k | €109k | ▲ 121% |
| Contributions10/11 | - | €6k | €6k | €6k | €6k | = |
| Reserves13 | €108k | €180k | €230k | €43k | €103k | ▲ 138% |
| Distributable reserves133 | - | €180k | €230k | €43k | €103k | ▲ 138% |
| Amounts payable17/49 | €37k | €28k | €24k | €6k | €3k | ▼ 41.6% |
| Amounts payable within one year42/48 | €37k | €28k | €24k | €6k | €3k | ▼ 40.0% |
| Trade debts44 | €15k | €1k | €3k | €2k | €1k | ▼ 43.3% |
| Suppliers440/4 | - | €1k | €3k | €2k | €1k | ▼ 43.3% |
| Taxes, remuneration and social security45 | - | €27k | €21k | €4k | €2k | ▼ 36.1% |
| Taxes450/3 | - | €27k | €19k | €2k | €615 | ▼ 61.5% |
| Remuneration and social security454/9 | - | - | €2k | €2k | €2k | ▼ 17.4% |
| Other amounts payable47/48 | - | - | €178 | €130 | - | - |
| Accrued charges and deferred income492/3 | - | - | €375 | €165 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €71k | €72k | €50k | €43k | €60k | ▲ 37.9% |
| + Depreciation and write-downs630 | €1k | €4k | €5k | €5k | €3k | ▼ 43.7% |
| Operating cash flow (approximation) | €73k | €76k | €54k | €48k | €63k | ▲ 29.3% |
| Investment in fixed assets (approximation) | - | €-7k | €-1k | €0 | €-2k | - |
| Change in cash | - | €57k | €46k | €-201k | €71k | ▲ 135% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
11-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity quadruplescurrent ratio 31.24
Current ratio from 8.85 to 31.24; short-term debt falls from €6k to €3k.
31-12
Financial
Equity above €100kEq €109k ▲121%
6 profitable years in a row build equity to €109k.
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
18-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €200kEq €236k ▲26.6%
4 profitable years in a row build equity to €236k.
31-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2019net €72k ▲1.3%
Net result €72k, the highest in the series.
31-12
Financial
Equity above €150kEq €186k ▲63.5%
3 profitable years in a row build equity to €186k.
22-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €100kEq €114k ▲168%
2 profitable years in a row build equity to €114k.
12-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 12 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Lint · 1 establishment unit since 2019
Ground area
799 m²
Building footprint
168 m²
Volume, LiDAR
871 m³
Parcel 11025D0474/00E007, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Wave!
since 20192.289.911.959
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11025D0474/00E007 | Flanders | 799 m² | 1 · 168 m² | 7.8 m · 2 fl. |
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.
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Of 30,002 companies in sector 62200 we hold annual accounts for 18,390. 15,548 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
Founded24-05-2019
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
62100Computer programming
63100Computing infrastructure, data processing, hosting and related activities
63920Other information service activities
70200Business and other management consultancy
95100Repair and maintenance of computers and communication equipment
Scores and ratios are computed by Checked and are not a credit decision.