CODE IT EASY
ActiveSummary
CODE IT EASY has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €229k and a net result of €67k. Equity is growing by ~21% per year across the filed fiscal years. Its solvency ranks better than 84% of 8966 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
92
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+10
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity ample (current ratio 6.45 against 6.32 in 2023; short-term debt: 14.5% and cash: 75.4% of total assets), and 14.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-04-2025, 120 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
120 d early
2023
40 d early
2022
76 d early
2021
34 d early
2020
17 d early
2019
25 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€229k▲ 20.9%
2023 · €190k
2018: €37k
2019: €65k
2020: €113k
2021: €148k
2022: €171k
2023: €190k
2018 → 2024
Total assets
€268k▲ 21.4%
2023 · €221k
2018: €47k
2019: €76k
2020: €127k
2021: €165k
2022: €189k
2023: €221k
2018 → 2024
Net result
€67k▲ 80.9%
2023 · €37k
2018: €31k
2019: €28k
2020: €47k
2021: €36k
2022: €22k
2023: €37k
2018 → 2024
Working capital
€211k▲ 28.5%
2023 · €164k
2018: €29k
2019: €50k
2020: €95k
2021: €119k
2022: €136k
2023: €164k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€113k-€148k▲ 31.8%€171k▲ 15.2%€190k▲ 11.2%€229k▲ 20.9%
Operating result€67k-€51k▼ 24.0%€33k▼ 34.2%€54k▲ 61.0%€92k▲ 72.0%
Net result€47k-€36k▼ 24.6%€22k▼ 37.2%€37k▲ 65.1%€67k▲ 80.9%
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 two years in a row; 2024 is 72% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €268k
Fixed assets
€18k ▼ 28.9%
Current assets
€250k ▲ 28.0%
Equity and liabilities €268k
Equity
€229k ▲ 20.9%
Debt
€39k ▲ 24.8%
Debt's share of the balance-sheet total rises from 14.1% to 14.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€105k▲
2023 · €69k
Cash flow
€80k▲
2023 · €52k
Current ratio
6.45▲
2023 · 6.32
Debt to equity
0.17▲
2023 · 0.16
ROE
29.2%▲
2023 · 19.5%
ROA
25.0%▲
2023 · 16.8%
Interest coverage
683.10▲
2023 · 333.35
Debt ≤ 1 year
€39k▲
2023 · €31k
Income taxes
€27k▲
2023 · €17k
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 · 2024 against 2023 · 49 lines
Balance sheet
Code20232024
Assets
Total assets20/58€221k€268k▲
Fixed assets21/28€26k€18k▼
Tangible fixed assets22/27€26k€18k▼
Plant, machinery and equipment23€254-
Furniture and vehicles24€20k€15k▼
Other tangible fixed assets26€5k€4k▼
Current assets29/58€195k€250k▲
Amounts receivable within one year40/41€47k€19k▼
Trade receivables40€40k€19k▼
Other amounts receivable41€7k-
Current investments50/53€40k€20k▼
Cash at bank and in hand54/58€103k€202k▲
Deferred charges and accrued income490/1€5k€9k▲
Equity and liabilities
Total equity and liabilities10/49€221k€268k▲
Equity10/15€190k€229k▲
Contributions10/11€6k€6k=
Reserves13€171k€209k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€169k€207k▲
Profit (loss) carried forward14€13k€14k▲
Amounts payable17/49€31k€39k▲
Amounts payable within one year42/48€31k€39k▲
Current portion of amounts payable after more than one year42€4k€763▼
Trade debts44€266€34▼
Suppliers440/4€266€34▼
Taxes, remuneration and social security45€8k€12k▲
Taxes450/3€8k€12k▲
Other amounts payable47/48€18k€26k▲
Accrued charges and deferred income492/3€160-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€13k▼
Other operating charges640/8€1k€1k▲
Gross operating margin9900€70k€106k▲
Operating profit (loss)9901€54k€92k▲
Financial income75/76B€181€2k▲
Recurring financial income75€181€2k▲
Financial charges65/66B€206€153▼
Recurring financial charges65€206€153▼
Profit (loss) for the period before taxes9903€54k€94k▲
Income taxes67/77€17k€27k▲
Profit (loss) for the period9904€37k€67k▲
Profit (loss) for the period to be appropriated9905€37k€67k▲
Appropriation of the result
Profit (loss) to be appropriated9906€50k€80k▲
Profit (loss) brought forward from the previous period14P€13k€13k▲
Transfer from equity791/2€18k€28k▲
Transfer to equity691/2€37k€66k▲
To other reserves6921€37k€66k▲
Profit to be distributed694/7€18k€28k▲
Return on contributions (dividend)694€18k€28k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
02-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €67k ▲80.9%
Operating result €92k, net result €67k, both a record.
31-12
Financial
Equity above €200kEq €229k ▲20.9%
7 profitable years in a row build equity to €229k.
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
16-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €22k ▼37.2%
Net result drops to €22k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €150kEq €171k ▲15.2%
5 profitable years in a row build equity to €171k.
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
14-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €100kEq €113k ▲72.9%
3 profitable years in a row build equity to €113k.
06-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
10-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Braine-le-Comte · 1 establishment unit since 2017
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Chemin des Dames 3017090 Braine-le-ComteGround area
954 m²
Building footprint
97 m²
Parcel 55302C0900/00R000, Wallonia. Linked by address, not a title deed.
1 establishment unit
CODE IT EASY
since 20172.267.146.059
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55302C0900/00R000 | Wallonia | 954 m² | 1 · 97 m² | - |
Linked by address, not proof of ownership
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.
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Of 13,421 companies in sector 73300 we hold annual accounts for 6,901. 5,083 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
Founded21-08-2017
Fiscal year end31-12
Activities, NACEBEL 2025
73300Public relations and communication consultancy
62100Computer programming
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.