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Craving Code

Active
Private limited companyfounded 20242 yrs activeKleine Spekstraat 1b, 3020 Herent, BelgiumKBO/BCE: BE 1007.601.356
Summary

The computed 12-month bankruptcy probability of Craving Code is 2.3% (moderate). The 2025 annual accounts show equity of €129,138 and a net result of €77,176. The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78
Track record82
Bankruptcy probability, 12 months
2.3% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €10,000 at 30 days only on tighter terms
Liquidity ample (current ratio 8.01 against 3.9 in 2024; short-term debt: 11.5% and cash: 74.6% of total assets), and 11.5% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
88.5%
Return on assets
52.9%
Age of the figures
9 mo
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 17-07-2026, 14 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
14 d early
2024
30 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 2 accounts on average 22 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

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 months
Position in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Craving Code was incorporated on 26 March 2024 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€129,138▲ 145%
2024 · €52,795
Total assets
€145,887▲ 115%
2024 · €67,829
Net result
€77,176▲ 46.6%
2024 · €52,628
Working capital
€117,346▲ 169%
2024 · €43,662
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20242025
Operating result€66,578-€97,921▲ 47.1%
Net result€52,628-€77,176▲ 46.6%
Equity€52,795-€129,138▲ 145%
Total assets€67,829-€145,887▲ 115%
Debt€15,034-€16,749▲ 11.4%
Working capital€43,662-€117,346▲ 169%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€25,000€50,000€75,000€100,000Operating result 2024: €66,578€66,578Net result 2024: €52,628€52,628Operating result 2025: €97,921€97,921Net result 2025: €77,176€77,17620242025€0€25,000€50,000€75,000€100,000Operating result 2024: €66,578€66,600Net result 2024: €52,628€52,600Operating result 2025: €97,921€97,900Net result 2025: €77,176€77,20020242025
The operating result rises in 2025; 2025 is 47% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €145,887
Fixed assets €11,792 ▲ 33.2%
Current assets €134,095 ▲ 128%
Equity and liabilities €145,887
Equity €129,138 ▲ 145%
Debt €16,749 ▲ 11.4%
Debt's share of the balance-sheet total falls from 22.2% to 11.5%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€102,101▲
2024 · €69,193
Cash flow
€81,357▲
2024 · €55,242
Current ratio
8.01▲
2024 · 3.90
Debt to equity
0.13▼
2024 · 0.28
ROE
59.8%▼
2024 · 99.7%
ROA
52.9%▼
2024 · 77.6%
Interest coverage
1842.98▼
2024 · 3155.18
Debt ≤ 1 year
€16,749▲
2024 · €15,034
Income taxes
€20,689▲
2024 · €13,929
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet Code20242025
Assets
Total assets20/58€67,829€145,887▲
Formation expenses20€277€0▼
Fixed assets21/28€8,855€11,792▲
Tangible fixed assets22/27€8,855€11,792▲
Plant, machinery and equipment23€8,381€7,205▼
Furniture and vehicles24€474€2,603▲
Other tangible fixed assets26-€1,984
Current assets29/58€58,696€134,095▲
Amounts receivable within one year40/41€18,782€23,196▲
Trade receivables40€17,711€22,125▲
Other amounts receivable41€1,071€1,071=
Cash at bank and in hand54/58€39,716€108,812▲
Deferred charges and accrued income490/1€198€2,087▲
Equity and liabilities
Total equity and liabilities10/49€67,829€145,887▲
Equity10/15€52,795€129,138▲
Contributions10/11€1,000€1,000=
Reserves13€51,795€128,138▲
Distributable reserves133€51,795€128,138▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€15,034€16,749▲
Amounts payable within one year42/48€15,034€16,749▲
Financial debts43€58€55▼
Other loans439€58€55▼
Trade debts44€1,815€698▼
Suppliers440/4€1,815€698▼
Taxes, remuneration and social security45€12,327€15,163▲
Taxes450/3€12,327€15,163▲
Other amounts payable47/48€833€833=
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,615€4,180▲
Other operating charges640/8€493€465▼
Gross operating margin9900€69,686€102,567▲
Operating profit (loss)9901€66,578€97,921▲
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B€22€55▲
Recurring financial charges65€22€55▲
Profit (loss) for the period before taxes9903€66,557€97,866▲
Income taxes67/77€13,929€20,689▲
Profit (loss) for the period9904€52,628€77,176▲
Profit (loss) for the period to be appropriated9905€52,628€77,176▲
Appropriation of the result
Profit (loss) to be appropriated9906€52,628€77,176▲
Transfer to equity691/2€51,795€76,343▲
To other reserves6921€51,795€76,343▲
Profit to be distributed694/7€833€833=
Return on contributions (dividend)694€833€833=

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,615€4,180▲ 59.9%
Other operating charges640/8€493€465▼ 5.6%
Gross operating margin9900€69,686€102,567▲ 47.2%
Operating profit (loss)9901€66,578€97,921▲ 47.1%
Financial income75/76B-€1-
Recurring financial income75-€1-
Financial charges65/66B€22€55▲ 153%
Recurring financial charges65€22€55▲ 153%
Profit (loss) for the period before taxes9903€66,557€97,866▲ 47.0%
Income taxes67/77€13,929€20,689▲ 48.5%
Profit (loss) for the period9904€52,628€77,176▲ 46.6%
Profit (loss) for the period to be appropriated9905€52,628€77,176▲ 46.6%
Line20242025Change
Assets
Total assets20/58€67,829€145,887▲ 115%
Formation expenses20€277€0▼ 100%
Fixed assets21/28€8,855€11,792▲ 33.2%
Tangible fixed assets22/27€8,855€11,792▲ 33.2%
Plant, machinery and equipment23€8,381€7,205▼ 14.0%
Furniture and vehicles24€474€2,603▲ 449%
Other tangible fixed assets26-€1,984-
Current assets29/58€58,696€134,095▲ 128%
Amounts receivable within one year40/41€18,782€23,196▲ 23.5%
Trade receivables40€17,711€22,125▲ 24.9%
Other amounts receivable41€1,071€1,071=
Cash at bank and in hand54/58€39,716€108,812▲ 174%
Deferred charges and accrued income490/1€198€2,087▲ 952%
Equity and liabilities
Total equity and liabilities10/49€67,829€145,887▲ 115%
Equity10/15€52,795€129,138▲ 145%
Contributions10/11€1,000€1,000=
Reserves13€51,795€128,138▲ 147%
Distributable reserves133€51,795€128,138▲ 147%
Profit (loss) carried forward14€0€0-
Amounts payable17/49€15,034€16,749▲ 11.4%
Amounts payable within one year42/48€15,034€16,749▲ 11.4%
Financial debts43€58€55▼ 4.7%
Other loans439€58€55▼ 4.7%
Trade debts44€1,815€698▼ 61.6%
Suppliers440/4€1,815€698▼ 61.6%
Taxes, remuneration and social security45€12,327€15,163▲ 23.0%
Taxes450/3€12,327€15,163▲ 23.0%
Other amounts payable47/48€833€833=
Line20242025Change
Profit (loss) for the period9904€52,628€77,176▲ 46.6%
+ Depreciation and write-downs630€2,615€4,180▲ 59.9%
Operating cash flow (approximation)€55,242€81,357▲ 47.3%
Investment in fixed assets (approximation)--€7,118-
Change in cash-€69,096-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
17-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Liquidity doublescurrent ratio 8.01
Current ratio from 3.90 to 8.01.
31-12
Financial Equity above €100,000Eq €129,138 ▲145%
2 profitable years in a row build equity to €129,138.
01-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Herent · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
2,543 m²
Building footprint
118 m²
Volume, LiDAR
627 m³
Parcel 24127B0333/00L000, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Craving Code
Kleine Spekstraat 1b, 3020 HerentRetail trade
since 20242.357.861.449
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24127B0333/00L000 Flanders 2,543 m² 1 · 118 m² 7.8 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPrivate limited company
Founded26-03-2024
Fiscal year end31-12
Activities, NACEBEL 2025
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities
74201Photography, excluding press photography
82300Organisation of conventions and trade shows
85599Other education

Scores and ratios are computed by Checked and are not a credit decision.