CODINSANITY
ActiveCODINSANITY has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €20k and a net result of €62k. Equity is shrinking by ~6.5% per year across the filed fiscal years. Its solvency ranks better than 15% of 16906 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency20▼-10
Growth58▼-20
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity tight (current ratio 1.1 against 1.24 in 2024), and 89.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 →
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
10.2%
Return on assets
32.8%
Age of the figures
8 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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 16906 sector peers (2025).
NBB · sector comparisonPosition among 16906 sector peers
Solvency
better than 15%
← 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 19-03-2026, 134 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
134 d early
2024
115 d early
2023
49 d early
2022
146 d early
2021
34 d early
2020
6 d late
2019
24 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
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€20k▼ 39.0%
2024 · €32k
2018: €23k
2019: €55k
2020: €79k
2021: €56k
2022: €56k
2023: €56k
2024: €32k
2018 → 2025
Total assets
€191k▲ 19.5%
2024 · €159k
2018: €42k
2019: €78k
2020: €103k
2021: €120k
2022: €113k
2023: €131k
2024: €159k
2018 → 2025
Net result
€62k▲ 1.6%
2024 · €61k
2018: €17k
2019: €31k
2020: €24k
2021: €17k
2022: €10k
2023: €17k
2024: €61k
2018 → 2025
Working capital
€18k▼ 41.1%
2024 · €30k
2018: €23k
2019: €54k
2020: €78k
2021: €53k
2022: €51k
2023: €53k
2024: €30k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€56k-€56k▲ 0.2%€56k▲ 0.1%€32k▼ 42.9%€20k▼ 39.0%
Operating result€22k-€12k▼ 44.6%€23k▲ 92.7%€77k▲ 233%€79k▲ 1.7%
Net result€17k-€10k▼ 43.5%€17k▲ 74.9%€61k▲ 263%€62k▲ 1.6%
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 2% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €191k
Fixed assets
€2k▲ 1.9%
Current assets
€189k▲ 19.6%
Equity and liabilities €191k
Equity
€20k▼ 39.0%
Debt
€171k▲ 34.1%
The debt ratio rises from 79.9% to 89.8%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€80k▲
2024 · €79k
Cash flow
€63k▲
2024 · €63k
Solvency
10.2%▼
2024 · 20.1%
Current ratio
1.10▼
2024 · 1.24
Quick ratio
1.10▼
2024 · 1.24
Debt / equity
8.77▲
2024 · 3.99
ROE
320.5%▲
2024 · 192.3%
ROA
32.8%▼
2024 · 38.6%
Interest coverage
636.91▲
2024 · 500.20
Debt
€171k▲
2024 · €127k
Debt ≤ 1 year
€171k▲
2024 · €127k
Income taxes
€16k▲
2024 · €16k
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€159k€191k▲
Fixed assets21/28€2k€2k▲
Tangible fixed assets22/27€877€706▼
Furniture and vehicles24€877€706▼
Financial fixed assets28€650€850▲
Current assets29/58€158k€189k▲
Amounts receivable within one year40/41€13k€12k▼
Trade receivables40€13k€12k▼
Cash at bank and in hand54/58€144k€176k▲
Deferred charges and accrued income490/1€819€812▼
Equity and liabilities
Total equity and liabilities10/49€159k€191k▲
Equity10/15€32k€20k▼
Contributions10/11€20k€20k=
Reserves13€12k-
Distributable reserves133€12k-
Profit (loss) carried forward14€473-
Amounts payable17/49€127k€171k▲
Amounts payable within one year42/48€127k€171k▲
Trade debts44€585€910▲
Suppliers440/4€585€910▲
Taxes, remuneration and social security45€17k€17k=
Taxes450/3€17k€17k=
Other amounts payable47/48€110k€153k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€995▼
Other operating charges640/8€387€420▲
Gross operating margin9900€80k€80k▲
Operating profit (loss)9901€77k€79k▲
Financial charges65/66B€158€125▼
Recurring financial charges65€158€125▼
Profit (loss) for the period before taxes9903€77k€79k▲
Income taxes67/77€16k€16k▲
Profit (loss) for the period9904€61k€62k▲
Profit (loss) for the period to be appropriated9905€61k€62k▲
Appropriation of the result
Profit (loss) to be appropriated9906€62k€63k▲
Profit (loss) brought forward from the previous period14P€473€473=
Transfer from equity791/2€24k€12k▼
Profit to be distributed694/7€85k€75k▼
Return on contributions (dividend)694€85k€75k▼
The notes to these accounts (9 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
19-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €62k ▲1.6%
Operating result €79k, net result €62k, both a record.
07-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
12-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
07-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €10k ▼43.5%
Net result drops to €10k, the lowest in the series; recovery starts the following year.
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
06-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 6 days late
2020
07-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
08-05
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
4 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, Elsene · 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.
Arnaud Fraiteurlaan 15/231050 ElseneGround area
7,614 m²
Building footprint
1,862 m²
Volume, LiDAR
32,000 m³
2 parcels, Brussels · tallest building 28.5 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
CODINSANITY
since 20182.277.830.313
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21446F0030/00A000 | Brussels | 7,406 m² | 1 · 1,655 m² | 28.5 m · 6 fl. |
| 21002A0170/00E004 | Brussels | 208 m² | 1 · 207 m² | 14.9 m · 4 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.
Similar companies · same sector, comparable size
BAC Solutions
BE 0804.308.558
Antwerpen · Eq €20k
ImplicitMeasures.com
BE 0657.989.701
Gent · Eq €20k
PPX COMMUNICATIONS
BE 0461.282.213
Rixensart · Eq €19k
ALTERWAYS
BE 0712.975.635
Elsene · Eq €19k
Ubigreat
BE 0778.407.974
Affligem · Eq €20k
Of 16,807 companies in sector 62100 we hold annual accounts for 8,747. 5,735 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-07-2018
Fiscal year end31-12
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62100Computer programming
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 10-09-2026. Scores and ratios are computed by Checked and are not a credit decision.