CODICTED
ActiveCODICTED has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €16k and a net result of €-3k. Equity is shrinking by ~10.3% per year across the filed fiscal years. Its solvency ranks better than 95% of 17022 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
78
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability50▲+28
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 21.59 against 1.52 in 2024; short-term debt: 1.4% and cash: 13.6% of total assets), and 1.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
98.6%
Return on assets
-19.8%
Age of the figures
9 mo
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
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-3k
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 29-05-2026, 63 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
63 d early
2024
59 d early
2023
42 d early
2022
28 d early
2021
62 d early
2020
32 d early
2019
35 d early
← before the deadline
after the deadline →
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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€16k▼ 16.7%
2024 · €20k
2018: €38k
2019: €40k
2020: €53k
2021: €62k
2022: €36k
2023: €23k
2024: €20k
2018 → 2025
Total assets
€17k▼ 33.6%
2024 · €25k
2018: €56k
2019: €71k
2020: €69k
2021: €83k
2022: €48k
2023: €26k
2024: €25k
2018 → 2025
Net result
€-3k▲ 8.3%
2024 · €-4k
2018: €31k
2019: €3k
2020: €13k
2021: €8k
2022: €-26k
2023: €-13k
2024: €-4k
2018 → 2025
Working capital
€5k▲ 71.0%
2024 · €3k
2018: €37k
2019: €22k
2020: €35k
2021: €46k
2022: €24k
2023: €15k
2024: €3k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€62k-€36k▼ 41.6%€23k▼ 35.4%€20k▼ 15.4%€16k▼ 16.7%
Operating result€12k-€-25k€-13k▲ 50.3%€-3k▲ 73.6%€-3k▲ 8.3%
Net result€8k-€-26k€-13k▲ 50.2%€-4k▲ 71.9%€-3k▲ 8.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3k in 2025 against €3k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €17k
Fixed assets
€12k▼ 31.1%
Current assets
€5k▼ 38.9%
Equity and liabilities €17k
Equity
€16k▼ 16.7%
Debt
€230▼ 95.7%
The debt ratio falls from 21.4% to 1.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€2k▲
2024 · €421
Cash flow
€2k▲
2024 · €149
Solvency
98.6%▲
2024 · 78.6%
Current ratio
21.59▲
2024 · 1.52
Quick ratio
21.59▲
2024 · 1.52
Debt / equity
0.01▼
2024 · 0.27
ROE
-20.1%▼
2024 · -18.2%
ROA
-19.8%▼
2024 · -14.3%
Interest coverage
14.77▲
2024 · 2.59
Debt
€230▼
2024 · €5k
Debt ≤ 1 year
€230▼
2024 · €5k
Income taxes
€101▼
2024 · €110
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€25k€17k▼
Fixed assets21/28€17k€12k▼
Tangible fixed assets22/27€17k€12k▼
Land and buildings22€5k€3k▼
Plant, machinery and equipment23€298-
Furniture and vehicles24€11k€8k▼
Current assets29/58€8k€5k▼
Amounts receivable within one year40/41€4k€452▼
Trade receivables40€4k-
Other amounts receivable41-€452
Cash at bank and in hand54/58€2k€2k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€25k€17k▼
Equity10/15€20k€16k▼
Contributions10/11€6k€6k=
Reserves13€54k€54k=
Distributable reserves133€54k€54k=
Profit (loss) carried forward14€-40k€-44k▼
Amounts payable17/49€5k€230▼
Amounts payable within one year42/48€5k€230▼
Trade debts44€34€18▼
Suppliers440/4€34€18▼
Taxes, remuneration and social security45€616€211▼
Taxes450/3€616€211▼
Other amounts payable47/48€5k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€5k▲
Other operating charges640/8€959€938▼
Gross operating margin9900€1k€3k▲
Operating profit (loss)9901€-3k€-3k▲
Financial charges65/66B€163€150▼
Recurring financial charges65€163€150▼
Profit (loss) for the period before taxes9903€-3k€-3k▲
Income taxes67/77€110€101▼
Profit (loss) for the period9904€-4k€-3k▲
Profit (loss) for the period to be appropriated9905€-4k€-3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-40k€-44k▼
Profit (loss) brought forward from the previous period14P€-37k€-40k▼
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
Next filing, fiscal year 2026, expected by
2026
29-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Liquidity times 14current ratio 21.59
Current ratio from 1.52 to 21.59; short-term debt falls from €5k to €230.
02-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
19-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-26k ▼404%
Net result drops to €-26k, the lowest in the series; recovery starts the following year.
30-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
26-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Brakel · 1 establishment unit since 2018
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.
Geraardsbergsestraat 569660 BrakelGround area
1,768 m²
Building footprint
92 m²
Parcel 45028C0312/00G000, Flanders. Linked by address, not a title deed.
1 establishment unit
CODICTED
since 20182.276.307.809
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45028C0312/00G000 | Flanders | 1,768 m² | 1 · 92 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 30,000 companies in sector 62200 we hold annual accounts for 18,394. 12,117 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-04-2018
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.