CODE & GRAFIX
ActiveSummary
CODE & GRAFIX has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €22k and a net result of €44k. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 25% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
75
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency51▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity tight (current ratio 1.29 against 1.17 in 2024; short-term debt: 73.7% and cash: 64.6% of total assets), and 73.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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
Sector 62
lower
← 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 2025Solvency, return and age of the figures
Solvency
26.3%
Return on assets
52.7%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 17090 sector peers (2025).
NBB · sector comparisonPosition among 17090 sector peers
Solvency
better than 25%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-07-2026, 25 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
25 d early
2024
3 d early
2023
20 d early
2022
17 d early
2021
41 d early
2020
19 d early
2019
31 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€119k▲ 23.1%
2019 · €97k
2019: €97k
2019 → 2020
EBIT margin
23.7%▼ 6.3pp
2019 · 30.0%
2019: 30.0%
2019 → 2020
Net result
€44k▲ 43.1%
2024 · €31k
2019: €21k
2020: €22k
2021: €21k
2022: €10k
2023: €27k
2024: €31k
2019 → 2025
Working capital
€18k▲ 18.2%
2024 · €15k
2019: €17k
2020: €36k
2021: €58k
2022: €16k
2023: €17k
2024: €15k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€65k-€22k▼ 66.4%€22k=€22k=€22k=
Operating result€27k-€14k▼ 47.4%€34k▲ 143%€39k▲ 13.9%€56k▲ 43.8%
Net result€21k-€10k▼ 50.3%€27k▲ 157%€31k▲ 14.2%€44k▲ 43.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 44% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €83k
Fixed assets
€4k ▼ 41.2%
Current assets
€79k ▼ 25.8%
Equity and liabilities €83k
Equity
€22k =
Debt
€61k ▼ 33.1%
Debt's share of the balance-sheet total falls from 80.7% to 73.7%. Debt is lower.
Key figures and ratios
EBITDA
€59k▲
2024 · €41k
Cash flow
€47k▲
2024 · €33k
Current ratio
1.29▲
2024 · 1.17
Debt to equity
2.80▼
2024 · 4.19
ROE
200.3%▲
2024 · 140.0%
ROA
52.7%▲
2024 · 27.0%
Interest coverage
55.72▼
2024 · 323.10
Debt ≤ 1 year
€61k▼
2024 · €92k
Income taxes
€12k▲
2024 · €9k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 40 lines
Balance sheet
Code20242025
Assets
Total assets20/58€113k€83k▼
Fixed assets21/28€7k€4k▼
Tangible fixed assets22/27€6k€4k▼
Furniture and vehicles24€6k€4k▼
Financial fixed assets28€275€275=
Current assets29/58€107k€79k▼
Amounts receivable within one year40/41€19k€21k▲
Trade receivables40€16k€18k▲
Other amounts receivable41€3k€3k▲
Cash at bank and in hand54/58€84k€54k▼
Deferred charges and accrued income490/1€4k€4k▼
Equity and liabilities
Total equity and liabilities10/49€113k€83k▼
Equity10/15€22k€22k=
Contributions10/11€1k€1k=
Reserves13€21k€21k=
Distributable reserves133€21k€21k=
Profit (loss) carried forward14€0€0=
Amounts payable17/49€92k€61k▼
Amounts payable within one year42/48€92k€61k▼
Trade debts44€4k€2k▼
Suppliers440/4€4k€2k▼
Taxes, remuneration and social security45€10k€11k▲
Taxes450/3€7k€8k▲
Remuneration and social security454/9€3k€3k▲
Other amounts payable47/48€77k€48k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€3k▲
Other operating charges640/8€801€771▼
Gross operating margin9900€42k€60k▲
Operating profit (loss)9901€39k€56k▲
Financial income75/76B€34€1▼
Recurring financial income75€34€1▼
Financial charges65/66B€128€1k▲
Recurring financial charges65€128€1k▲
Profit (loss) for the period before taxes9903€39k€55k▲
Income taxes67/77€9k€12k▲
Profit (loss) for the period9904€31k€44k▲
Profit (loss) for the period to be appropriated9905€31k€44k▲
Appropriation of the result
Profit (loss) to be appropriated9906€31k€44k▲
Profit to be distributed694/7€31k€44k▲
Return on contributions (dividend)694€31k€44k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2019net €44k ▲43.1%
Operating result €56k, net result €44k, both a record.
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €10k ▼50.3%
Net result drops to €10k, the lowest in the series; recovery starts the following year.
20-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 acts for this company are 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, Kalmthout · 1 establishment unit since 2019
Ground area
650 m²
Building footprint
299 m²
Volume, LiDAR
4,559 m³
2 parcels, Flanders · tallest building 25.1 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
CODE & GRAFIX
since 20192.289.860.093
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11662E0035/00B002 | Flanders | 367 m² | 1 · 109 m² | 5.4 m · 1 fl. |
| 11802B0369/00E003 | Flanders | 283 m² | 1 · 190 m² | 25.1 m · 7 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 29,993 companies in sector 62200 we hold annual accounts for 18,396. 13,357 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-06-2019
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.codeandgrafix.be
E-mail:org@codeandgrafix.be