ACTIVE

Pixonative

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Financial year 2025 · closed on 30/09/2025
Net result
17,2 k €
+32.2% YoY
Gross margin
31,7 k €
+17.0% YoY
Equity
46,9 k €
+57.8% YoY

What does Pixonative do?

Pixonative is a Private limited company incorporated in 2020. Its main activity is: Other software publishing. Its registered office is in Kuurne.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0748.938.186
Incorporation
24/06/2020
Legal form
Private limited company
Registered office
De Vlaskouter 6 box 32
8520 Kuurne · FlandreSee on map
Contributed capital
1,00 €
Latest accounts
30/09/2025
Activities (NACE)
58290Other software publishing· main58290Other software publishing62010Computer programming activities62100Computer programming, consultancy and related activities73200Market research and public opinion polling73200Market research and public opinion polling+2
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 4 financial years

2025202420232022
Income statement
Gross margin31,7 k €27,1 k €48,1 k €66,3 k €
EBITDA30,9 k €25,9 k €47,5 k €65,8 k €
Operating result24,7 k €19,5 k €40,5 k €58,1 k €
Net result17,2 k €13 k €28,5 k €42 k €
Balance sheet
Equity46,9 k €29,7 k €28,5 k €88,3 k €
Total assets66 k €61,7 k €76,2 k €133,7 k €
Cash25,7 k €29,1 k €47,7 k €81,8 k €
Debts16,4 k €29,5 k €46 k €43,9 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 1 ended

Active mandates

Keith Demeulenaere

Director · since 24 juin 2020

Active

Ended mandates

Keith Demeulenaere

Director · since 23 juin 2020

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202024/06/2020
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months4 months
Filing date02/02/202629/11/202412/12/202322/12/202225/01/202208/03/2021
General meeting26/01/202630/10/202415/11/202326/10/202217/12/202109/02/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

6 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/09/202526/01/202602/02/2026DutchPDF
Micro model30/09/202430/10/202429/11/2024DutchPDF
Micro model30/09/202315/11/202312/12/2023DutchPDF
Micro model30/09/202226/10/202222/12/2022DutchPDF
Micro model30/09/202117/12/202125/01/2022DutchPDF
Micro model30/09/202009/02/202108/03/2021DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 1 ended

Active mandates

Keith Demeulenaere

Director · since 24 juin 2020

Active

Ended mandates

Keith Demeulenaere

Director · since 23 juin 2020

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office31/03/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other26/06/2020
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 202517,2 k €↑
  2. 2024
    Annual accounts 202413 k €↓
  3. 2023
    Annual accounts 202328,5 k €↓
  4. 2022
    Annual accounts 202242 k €
  5. 24/06/2020
    IncorporationPrivate limited company