ACTIVE

Pixel Fuel

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Financial year 2025 · Closed on 31/12/2025

Net result54,1 k €+144,2 %over 1 year
Gross margin110 k €+61,0 %over 1 year
Equity22 k €-88,6 %over 1 year

Identity

Source · BCE/KBO

Pixel Fuel is a Private limited company incorporated in 2022. Its main activity is: Publishing of computer games. Its registered office is in Edegem.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0788.621.183
Incorporation
14/07/2022
Legal form
Private limited company
Registered office
Leopold III-lei 23
2650 Edegem · FlandreSee on map
Contributed capital
2 000,00 €
Latest accounts
31/12/2025
Signals
ProfitablePositive cashflowPositive EBITDA

Financials

Source · NBB, 4 filings

Trend over 4 financial years

2025202420232022
Income statement
Gross margin110 k €68,3 k €104,4 k €145,1 k €
EBITDA109,4 k €67,8 k €103,9 k €144,4 k €
Operating result70,7 k €33 k €75,5 k €142,9 k €
Net result54,1 k €22,1 k €59,3 k €111,9 k €
Balance sheet
Equity22 k €192,9 k €171,6 k €113,1 k €
Total assets259,4 k €237,6 k €234 k €158,8 k €
Cash172,8 k €116,6 k €100,1 k €3,2 k €
Debts236,5 k €44,7 k €62,4 k €45,7 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Timothy Vanherberghen
Directorsince 14/07/2022

Full financial information

Source · NBB
2025202420232022
Type of accountMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202314/07/2022
Closing of the financial year31/12/202531/12/202431/12/202331/12/2022
Length of the financial year12 months12 months12 months6 months
Filing date12/05/202602/06/202507/06/202429/06/2023
General meeting05/05/202621/05/202524/05/202426/06/2023
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 4 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202505/05/202612/05/2026DutchPDF
Micro model31/12/202421/05/202502/06/2025DutchPDF
Micro model31/12/202324/05/202407/06/2024DutchPDF
Micro model31/12/202226/06/202329/06/2023DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Timothy Vanherberghen
Directorsince 14/07/2022

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Registered office15/04/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other18/07/2022
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings4 filings
Mandates
Timothy Vanherberghen
20222023202420252026
Pixel Fuel
Leopold III-lei 23, 2650 Edegem
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Leopold III-lei 23, 2650 EdegemCurrent
accounts 2023 → 2025
Accounts 2025 · 2026-00109300
Kerkstraat 126, 2840 Rumst
accounts 2022
Accounts 2022 · 2023-00192794

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
Pixel FuelCurrent
accounts 2022 → 2025
Accounts 2025 · 2026-00109300

Events

  1. 2025
    Annual accounts 202554,1 k €↑
  2. 2024
    Annual accounts 202422,1 k €↓
  3. 2023
    Annual accounts 202359,3 k €↓
  4. 2022
    Annual accounts 2022111,9 k €
  5. 14/07/2022
    IncorporationPrivate limited company