Equity
Equity rose in 2025 from €335,038 to €482,658.
Equity rose in 2025 from €335,038 to €482,658.
Green is investment, beige is depreciation.
CraftCode pays its suppliers 2 days later than in 2024. Customers pay 19 days earlier.
The dashed line is the sector median: 0.2% across 1,167 companies (NACE 62, small).
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, small). It does better than 61% of them on solvency, 21% on liquidity, 62% on profitability and 77% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 3,127 companies had the same profile as CraftCode has now. Each dot stands for 8 companies, two years later.
That fits the bankruptcy probability of CraftCode itself: 0.4% within 12 months.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,127 companies, not a prediction for CraftCode. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is ample, with a current ratio of 1.96 (1.67 in 2024), above the usual 1.5. Short-term debt is 50.5% and cash 1.4% of total assets. However, 50.6% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 2 accounts on average 11 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Grey: the largest companies of the sector (computer programming and consultancy (NACE 62)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as CraftCode: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €694,000 and €1.1m, founded between 2023 and 2024.
Solvency rose in 2025 from 41.0% to 49.4% because of the retained profit.
CONTRIBUTE holds 96% of the shares. In July 2024, the Official Gazette published the appointment of De Cronos Groep as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Higher than 60% of 1,691 companies in 2025.
Higher than 59% of 1,658 companies in 2025.
Higher than 79% of 1,673 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half · Staff: middle half
Staff costs divided by the average number of full-time equivalents.
In 2025, nobody joined and 1 person left. Training hours in 2025: 50.
| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
977,971 | 816,807 | |
21/28 |
10,380 | 10,468 | |
22/27 |
10,380 | 10,468 | |
23 |
10,380 | 10,468 | |
29/58 |
967,591 | 806,338 | |
40/41 |
938,586 | 779,464 | |
40 |
497,122 | 585,681 | |
41 |
441,464 | 193,783 | |
54/58 |
13,886 | 12,665 | |
490/1 |
15,119 | 14,209 | |
| Balance sheet: equity and liabilities | |||
10/49 |
977,971 | 816,807 | |
10/15 |
482,658 | 335,038 | |
10/11 |
173,613 | 173,613 | |
10 |
173,613 | 173,613 | |
100 |
173,613 | 173,613 | |
13 |
308,561 | 161,361 | |
130/1 |
17,361 | 17,361 | |
130 |
17,361 | 17,361 | |
132 |
84,200 | - | |
133 |
207,000 | 144,000 | |
14 |
484 | 64 | |
16 |
1,903 | - | |
160/5 |
1,903 | - | |
160 |
1,903 | - | |
17/49 |
493,410 | 481,769 | |
42/48 |
493,410 | 481,769 | |
44 |
259,300 | 227,041 | |
440/4 |
259,300 | 227,041 | |
45 |
214,110 | 235,468 | |
450/3 |
113,716 | 138,032 | |
454/9 |
100,394 | 97,436 | |
47/48 |
20,000 | 19,260 | |
| Income statement | |||
70 |
3.0m | 2.7m | |
9900 |
1.2m | 1.1m | |
60/61 |
1.8m | 1.6m | |
62 |
986,605 | 822,411 | |
630 |
5,555 | 8,579 | |
631/4 |
1,903 | - | |
640/8 |
4,116 | 1,975 | |
66A |
- | 19,260 | |
9901 |
220,046 | 223,647 | |
75/76B |
3,692 | 3,506 | |
75 |
3,692 | 3,506 | |
65/66B |
20,251 | 16,978 | |
65 |
20,251 | 16,978 | |
9903 |
203,487 | 210,175 | |
67/77 |
55,866 | 48,750 | |
9904 |
147,620 | 161,425 | |
689 |
84,200 | - | |
9905 |
63,420 | 161,425 | |
| Appropriation of the result | |||
9906 |
63,484 | 161,425 | |
14P |
64 | - | |
691/2 |
63,000 | 161,361 | |
6920 |
- | 17,361 | |
6921 |
63,000 | 144,000 | |
| Social balance sheet | |||
9087 |
13.4 | 13.2 | |
Hours worked1013 |
22,700 | 9,583 | |
| Document | |||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 27-07-2026.
| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 225,601 | 232,226 | ||
| 153,175 | 170,004 | ||
| 11,612 | 39,450 | ||
| 1,221 | - | ||
| 474,181 | 324,569 | ||
| 7.4% | 8.3% | ||
| 49.4% | 41.0% | ||
| 1.96 | 1.67 | ||
| 1.02 | 1.44 | ||
| 30.6% | 48.2% | ||
| 15.1% | 19.8% | ||
| 11.14 | 13.68 | ||
| 61 days | 80 days | ||
| 53 days | 51 days |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-12-2025 | 31-12-2024 |
|---|---|---|
| Employees at the balance-sheet date | 13 | 14 |
| full-time | 12 | 13 |
| part-time | 1 | 1 |
| in full-time equivalents | 12.8 | 13.8 |
| 13.4 | 13.2 | |
| On a permanent contract | 13 | 14 |
| Joined | 0 | 14 |
| Left | 1 | 0 |
| Training hours | 50 | 79 |
Source: social balance sheet in the 2024 to 2025 annual accounts
| Item | 2025 | 2024 |
|---|---|---|
| Tangible fixed assets | €11,612 | €39,450 |
| €5,555 | €8,579 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 2% lower than in 2024.
Debt's share of the balance-sheet total falls from 59.0% to 50.5%. Equity and debt are higher.
Further up the chainFieldside 95%De Cronos Groep 84%Nuclys 95.22%
Source: shareholder structure in its own accounts, parent in its own accounts
Source: list of holdings in the 2025 accounts of CONTRIBUTE. Every holding stands with its own latest accounts.
Part of the group Nuclys Group, risk and exposure| CANON BELGIUM
establishment since 15-08-1988 · founded in 1978 |
433 FTE (2024) 0418.025.260 |
| CONTRIBUTE
registered office since 01-01-2010 · founded in 2009 · group Nuclys |
19 FTE (2025) 0822.025.609 |
| SWISSLOG
registered office since 06-07-1990 · founded in 1990 |
12 FTE (2025) 0440.768.592 |
| Contribute Group
registered office since 15-06-2007 · founded in 2007 · group Nuclys |
turnover €8.3m (2025) 0890.204.632 |
| Exitas
registered office since 01-02-2014 · founded in 2014 · group Nuclys |
23 FTE (2025) 0544.808.121 |
| Fieldside
registered office since 11-12-2019 · founded in 2019 · group Nuclys |
9.2 FTE (2025) 0738.974.308 |
| MONIN
registered office since 01-04-2006 · founded in 2006 · group Nuclys |
10 FTE (2025) 0879.917.484 |
| Tripwire Solutions
registered office since 26-04-2018 · founded in 2018 · group Nuclys |
14 FTE (2025) 0695.503.262 |
| EqualMinds
registered office since 22-06-2005 · founded in 2005 · group Nuclys |
9 FTE (2025) 0873.332.471 |
| Rijn Schelde Mondia
registered office since 01-09-1961 · founded in 1968 |
2.1 FTE (2025) 0404.793.767 |
The connected companies are in the list below.
Deadline for the 2026 accounts: 31-07-2027
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Prins Boudewijnlaan 43 registered office 2650 Edegem | 01-07-2024 | 2.362.066.596 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 11472C0421/00F000 | 1.5 ha | 1 · 2,170 m² | 15.6 m · 3 |
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