Chronos Designs
ActiveSummary
Chronos Designs has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €336,140 and a net result of -€4,657. Equity is growing by ~18.8% per year across the filed fiscal years. Its solvency ranks better than 66% of 17601 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability67▼-3
Solvency99▼-1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days acceptable
Liquidity ample (current ratio 21.2 against 44.01 in 2024; short-term debt: 4.1% and cash: 35.2% of total assets), and 26.3% of the assets are financed with debt.
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Signals
Three 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filingsDeviation from the deadline
2025
28 d late
2024
33 d early
2023
26 d late
2022
17 d early
2021
26 d early
2020
31 d early
2019
63 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 1 day after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 14 July (4 of the last 5 filed years within 44 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€336,140▼ 1.4%
2024 · €340,797
Total assets
€456,022▲ 1.2%
2024 · €450,628
Net result
-€4,657
2024 · €5,693
Working capital
€375,418▲ 1.7%
2024 · €369,099
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€28,863▼ 44.1%€62,526▲ 117%€53,873▼ 13.8%€10,793▼ 80.0%-€1,926
Net result€26,814within the sector's middle half▼ 45.4%€58,821within the sector's middle half▲ 119%€42,283within the sector's middle half▼ 28.1%€5,693within the sector's middle half▼ 86.5%-€4,657below the sector's middle half
Equity€234,000within the sector's middle half▲ 328%€292,821within the sector's middle half▲ 25.1%€335,104within the sector's middle half▲ 14.4%€340,797within the sector's middle half▲ 1.7%€336,140above the sector's middle half▼ 1.4%
Total assets€647,499within the sector's middle half▲ 36.2%€554,393within the sector's middle half▼ 14.4%€597,257within the sector's middle half▲ 7.7%€450,628within the sector's middle half▼ 24.6%€456,022above the sector's middle half▲ 1.2%
Debt€413,499▼ 1.7%€261,572▼ 36.7%€262,153▲ 0.2%€109,831▼ 58.1%€119,882▲ 9.2%
Working capital€436,307above the sector's middle half▲ 135%€411,494above the sector's middle half▼ 5.7%€451,040above the sector's middle half▲ 9.6%€369,099within the sector's middle half▼ 18.2%€375,418above the sector's middle half▲ 1.7%
Solvency36.1%within the sector's middle half▲ 24.6pp52.8%within the sector's middle half▲ 16.7pp56.1%within the sector's middle half▲ 3.3pp75.6%above the sector's middle half▲ 19.5pp73.7%within the sector's middle half▼ 1.9pp
Current ratio73.91above the sector's middle half▲ 60.6451.78above the sector's middle half▼ 22.1342.37above the sector's middle half▼ 9.4144.01above the sector's middle half▲ 1.6521.20above the sector's middle half▼ 22.81
Return on assets (ROA)4.1%within the sector's middle half▼ 6.2pp10.6%within the sector's middle half▲ 6.5pp7.1%within the sector's middle half▼ 3.5pp1.3%within the sector's middle half▼ 5.8pp-1.0%below the sector's middle half▼ 2.3pp
Staff (FTE)0.5below the sector's middle half▼ 54.5%
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €1,926 after €10,793 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €456,022
Fixed assets
€62,021 ▼ 15.0%
Current assets
€394,002 ▲ 4.3%
Equity and liabilities €456,022
Equity
€336,140 ▼ 1.4%
Debt
€119,882 ▲ 9.2%
Debt's share of the balance-sheet total rises from 24.4% to 26.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€23,034▼
2024 · €79,035
Cash flow
€20,303▼
2024 · €73,935
Debt to equity
0.36▲
2024 · 0.32
ROE
-1.4%▼
2024 · 1.7%
Interest coverage
8.96▼
2024 · 26.57
Debt ≤ 1 year
€18,583▲
2024 · €8,581
Debt > 1 year
€100,000=
2024 · €100,000
Income taxes
€183▼
2024 · €2,156
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 929 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 93% are still going.
- Small
- 5 to 10 years old
- solvency 30% or more
- a small loss
1.7%
went bankrupt
5.6%
stopped otherwise
93%
still going
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 929 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €6,854 | €142 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €78,269 | €77,708 | €87,202 | €68,242 | €24,960 | ▼ 63.4% |
| Other operating charges640/8 | €839 | €5,268 | €2,207 | €875 | €966 | ▲ 10.4% |
| Gross operating margin9900 | €114,824 | €145,643 | €143,282 | €79,910 | €23,999 | ▼ 70.0% |
| Operating profit (loss)9901 | €28,863 | €62,526 | €53,873 | €10,793 | -€1,926 | ▼ 118% |
| Financial income75/76B | €393 | €2 | €9 | €31 | €24 | ▼ 24.1% |
| Recurring financial income75 | €393 | €2 | €9 | €31 | €24 | ▼ 24.1% |
| Financial charges65/66B | €2,333 | €3,579 | €4,733 | €2,975 | €2,572 | ▼ 13.6% |
| Recurring financial charges65 | €2,333 | €3,579 | €4,733 | €2,975 | €2,572 | ▼ 13.6% |
| Profit (loss) for the period before taxes9903 | €26,923 | €58,949 | €49,149 | €7,849 | -€4,474 | ▼ 157% |
| Income taxes67/77 | €110 | €128 | €6,867 | €2,156 | €183 | ▼ 91.5% |
| Profit (loss) for the period9904 | €26,814 | €58,821 | €42,283 | €5,693 | -€4,657 | ▼ 182% |
| Profit (loss) for the period to be appropriated9905 | €26,814 | €58,821 | €42,283 | €5,693 | -€4,657 | ▼ 182% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €647,499 | €554,393 | €597,257 | €450,628 | €456,022 | ▲ 1.2% |
| Fixed assets21/28 | €205,208 | €134,795 | €135,314 | €72,948 | €62,021 | ▼ 15.0% |
| Intangible fixed assets21 | €62,929 | €41,174 | €23,028 | €13,095 | €15,829 | ▲ 20.9% |
| Tangible fixed assets22/27 | €142,278 | €93,622 | €112,286 | €59,853 | €46,191 | ▼ 22.8% |
| Plant, machinery and equipment23 | €142,198 | €92,519 | €59,237 | €18,653 | €16,505 | ▼ 11.5% |
| Furniture and vehicles24 | €80 | €1,103 | €53,048 | €41,200 | €29,686 | ▼ 27.9% |
| Current assets29/58 | €442,291 | €419,597 | €461,943 | €377,680 | €394,002 | ▲ 4.3% |
| Amounts receivable after more than one year29 | - | - | - | €100,000 | €100,000 | = |
| Other amounts receivable291 | - | - | - | €100,000 | €100,000 | = |
| Amounts receivable within one year40/41 | €215,018 | €199,717 | €171,083 | €141,597 | €128,706 | ▼ 9.1% |
| Trade receivables40 | €213,249 | €198,582 | €164,493 | €128,920 | €118,890 | ▼ 7.8% |
| Other amounts receivable41 | €1,769 | €1,136 | €6,589 | €12,677 | €9,816 | ▼ 22.6% |
| Cash at bank and in hand54/58 | €224,592 | €216,982 | €286,989 | €131,448 | €160,598 | ▲ 22.2% |
| Deferred charges and accrued income490/1 | €2,681 | €2,898 | €3,872 | €4,635 | €4,697 | ▲ 1.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €647,499 | €554,393 | €597,257 | €450,628 | €456,022 | ▲ 1.2% |
| Equity10/15 | €234,000 | €292,821 | €335,104 | €340,797 | €336,140 | ▼ 1.4% |
| Contributions10/11 | €237,500 | €237,500 | €237,500 | €237,500 | €237,500 | = |
| Reserves13 | - | €55,321 | €97,604 | €103,297 | €98,640 | ▼ 4.5% |
| Distributable reserves133 | - | €55,321 | €97,604 | €103,297 | €98,640 | ▼ 4.5% |
| Profit (loss) carried forward14 | -€3,500 | - | - | - | - | - |
| Amounts payable17/49 | €413,499 | €261,572 | €262,153 | €109,831 | €119,882 | ▲ 9.2% |
| Amounts payable after more than one year17 | €400,000 | €250,000 | €250,000 | €100,000 | €100,000 | = |
| Financial debts170/4 | €400,000 | €250,000 | €250,000 | €100,000 | €100,000 | = |
| Amounts payable within one year42/48 | €5,984 | €8,104 | €10,903 | €8,581 | €18,583 | ▲ 117% |
| Trade debts44 | €3,767 | €4,521 | €7,447 | €6,991 | €14,938 | ▲ 114% |
| Suppliers440/4 | €3,767 | €4,521 | €7,447 | €6,991 | €14,938 | ▲ 114% |
| Taxes, remuneration and social security45 | €725 | €1,688 | €1,560 | €1,590 | €1,773 | ▲ 11.5% |
| Taxes450/3 | €725 | €1,688 | €1,560 | €1,590 | €1,773 | ▲ 11.5% |
| Other amounts payable47/48 | €1,492 | €1,895 | €1,896 | - | €1,873 | - |
| Accrued charges and deferred income492/3 | €7,514 | €3,468 | €1,250 | €1,250 | €1,299 | ▲ 3.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €26,814 | €58,821 | €42,283 | €5,693 | -€4,657 | ▼ 182% |
| + Depreciation and write-downs630 | €78,269 | €77,708 | €87,202 | €68,242 | €24,960 | ▼ 63.4% |
| Operating cash flow (approximation) | €105,082 | €136,529 | €129,485 | €73,935 | €20,303 | ▼ 72.5% |
| Investment in fixed assets (approximation) | - | -€7,296 | -€87,721 | -€5,876 | -€14,032 | ▼ 139% |
| Change in cash | - | -€7,610 | €70,007 | -€155,540 | €29,150 | ▲ 119% |
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
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
28-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 26 days late
2023
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2019net €58,821 ▲119%
Operating result €62,526, net result €58,821, both a record.
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Liquidity times 6current ratio 73.91
Current ratio from 13.26 to 73.91; short-term debt falls from €15,134 to €5,984.
31-12
Financial
Equity above €200,000Eq €234,000 ▲328%
2 profitable years in a row build equity to €234,000.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €49,141
Net result €49,141 after one loss-making year.
02-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 63 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2018
Ground area
1,657 m²
Building footprint
1,636 m²
Volume, LiDAR
17,200 m³
Parcel 44803C0203/00F000, Flanders · tallest building 16.5 m, ±4 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Pole Position
since 20182.281.067.935
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44803C0203/00F000 | Flanders | 1,657 m² | 1 · 1,636 m² | 16.5 m · 4 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.
Subsidies and aid
Flemish government
2025 · 1 entry · 300 EUR awarded · 300 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 300 EUR | 300 EUR |
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Of 16,913 companies in this sector we hold annual accounts for 8,787. 6,050 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded12-10-2018
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
E-invoicing
Reachable via Peppol
Peppol ID
0208:0708957162
Registered
10-06-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.