Age6 yrs
Real estate1 parcel · 458 m²
Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of Code Cliff is 0.4% (very low). The 2024 annual accounts show negative equity (€-9k) and a net result of €10k. The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 1 annual account.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone0.4%
Very low
0%0,5%1,5%4%10%≥25%
Lower-failure-rate sector
−Young company
+
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Filing behaviour
From the deposit records, complete market-wideDeadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 33 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.
Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-08-2025, 22 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.
How we compute the deadline
The year end is derived from 5 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2025 | 31-07-2026 | nothing on record | not confirmed | - |
| 31-12-2024 | 31-07-2025 | 22-08-2025 | 22 d late | 2025-00391342 |
| 31-12-2023 | 31-07-2024 | 27-05-2024 | 65 d early | 2024-00097960 |
| 31-12-2022 | 31-07-2023 | 16-06-2023 | 45 d early | 2023-00130198 |
| 31-12-2021 | 31-07-2022 | 19-08-2022 | 19 d late | 2022-20302144 |
| 31-12-2020 | 31-07-2021 | 18-06-2021 | 43 d early | 2021-21400422 |
Source: the National Bank's deposit records, as we have ingested them. NOTE: our copy has a gap across June to August 2026, missing roughly 220,000 deposits; for July we hold 15,605 of about 137,000 expected. A year whose deadline falls in that window shows as not confirmed, not as not filed. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsMore than 3 years active
Founded in 2019, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Financials
TurnoverNot published (micro schema)
EBIT marginNot published (micro schema)
Net result€10k
Working capital€-18k
Annual accounts & ratios
Source: NBB · 2024Annual accounts filed on 22-08-2025 with the NBB · fiscal year 2024 · micro
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €24k |
| Net profit | €10k |
| Cash flow | €23k |
| Staff costs | - |
| Income taxes | €146 |
| Dividends | - |
| Total assets | €89k |
| Equity | €-9k |
| Debt | €98k |
| of which ≤ 1y | €81k |
| of which > 1y | €11k |
| Working capital | €-18k |
| Employees (FTE) | - |
Ratios (computed)
| 2024 | |
|---|---|
| Current ratio | 0.78 |
| Quick ratio | 0.78 |
| Working capital ratio | -20.4% |
| Solvency | -10.2% |
| Debt / equity | -10.85 |
| Long-term debt ratio | -1.18 |
| Interest coverage | 51.80 |
| Gross margin | - |
| Net margin | - |
| ROA | 11.3% |
| ROE | -110.9% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2024
Full annual accounts (21 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €89k |
| Fixed assets | 21/28 | €26k |
| Tangible fixed assets | 22/27 | €26k |
| Current assets | 29/58 | €63k |
| Amounts receivable within one year | 40/41 | €53k |
| Cash & bank | 54/58 | €10k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €89k |
| Equity | 10/15 | €-9k |
| Contributions / capital | 10/11 | €1k |
| Accumulated profits (losses) | 14 | €-10k |
| Amounts payable | 17/49 | €98k |
| Amounts payable after one year | 17 | €11k |
| Amounts payable within one year | 42/48 | €81k |
| Trade debts payable within one year | 44 | €913 |
| Income statement | ||
| Gross operating margin | 9900 | €25k |
| Operating result | 9901 | €11k |
| Financial charges | 65 | €462 |
| Result before taxes | 9903 | €10k |
| Income taxes | 67/77 | €146 |
| Net result for the period | 9904 | €10k |
| Result to be appropriated | 9905 | €10k |
Ratios computed by Checked.
Health barometer
FY 2024 · computed13
/ 100
Critical
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Structure & network
Locations & real estate
Registered office
on the map · from the address registerEstablishment units
1 locationCode Cliff
since 20192.294.881.329
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area458 m²
Buildings1
Building footprint382 m²
Volume (LiDAR)2,040 m³
Tallest building10.4 m · ±1 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46503C0803/00P002 | Flanders | 458 m² | 1 · 382 m² | 10.4 m · 1 fl. |
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
No insolvency signals in the Belgian State Gazette
Belgisch Staatsblad · acts
1 act Address history · 1
23-12-2024
Registered-office move
All acts · 1
updated 1 year ago
2024
23-12-2024 Registered office moved from Beveren to Beveren-Waas
- Zandstraat (HSD) 149 bus A/000 - 9120 Beveren → Gentseweg 66 - 9120 Beveren-Waas
Analysis
Financial profile
4 of 5 axes measured34
/ 100
Fragile profile, watch profitability in particular.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Health
13
Profitability
0
Solvency
39
Growth
-
Stability
85
Credit advice
verdict per customer and amountSimilar
Similar companies
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We hold no filed accounts for this company, so a size comparison is not possible. These companies share only the sector and the region. We hold annual accounts for 2,811 of the 16,837 companies in this sector.
Company registry
Company registry (CBE)
Crossroads BankActivities
Ontwerpen en programmeren van computerprogramma's62010Ontwerpen van computerprogramma’s62100
Primary activity highlighted.
Names & trade names
| Legal nameNL | Code Cliff |
Registered office
Gentseweg(BEV) 66
9120 Beveren-Kruibeke-Zwijndrecht, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.