The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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Comparable companies, two years later
In July 2024, 39,326 companies had the same profile as Craving Code has now. Each dot stands for 99 companies, two years later.
95.7%
were still trading
2.4%
stopped another way
1.8%
went bankrupt
Micro
2 to 5 years old
solvency 30% or more
a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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.
The companies in ten equal groups, from the lowest to the highest expected share
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
2.9%
3.1%
10
5.6%
6.1%
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 39,326 companies, not a prediction for Craving Code. 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.
Credit verdict
Credit verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Credit check for an amount and term of your choice
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1007601356
Incorporation
Founding capital of €1,000 · Appointment: Name hiddenVisible after signing in (director) · Registered office clause: Kleine Spekstraat 1b, 3020 Herent · published on 28-03-2024 · Gazette deed
Craving Code has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €129,138 and a net result of €77,176.
micro format, filed on 17-07-2026, 14 days before the deadline
Abbreviated and micro format
Small companies may file abbreviated or micro-format accounts. They often leave out revenue and other detail. The law allows it, so it is not missing data.
The notes to these accounts have 12 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.
A company files its annual accounts with the National Bank no later than seven months after its financial year ends. Repeated late filing is a warning sign.
per financial year, computed from the annual accounts
Line
Trend
2025
2024
102,101
69,193
81,357
55,242
6,840
10,542
69,096
-
117,346
43,662
88.5%
77.8%
8.01
3.90
0.13
0.28
59.8%
99.7%
52.9%
77.6%
over 100
over 100
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.
Investments
fixed assets acquired
Investment
Investment is what the company bought in the financial year in buildings, machinery, software and other fixed assets. Above depreciation, it is building up. Years below it, it is living off what it has.
Item
2025
2024
Tangible fixed assets
€6,840
€10,542
Financial fixed assets
€0
-
€4,180
€2,615
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on Craving Code
The operating result for 2025 is 47% higher than in 2024.
Debt's share of the balance-sheet total falls from 22.2% to 11.5%. Equity and debt are higher.
Board & ownership
Board
Directors
Many board changes in a short time are a reason to keep a close eye on the company.
Each bar is one period in a role, from appointment to resignation or to today. An open left edge means the mandate began before its first mention. An open right edge means the mandate ended without a stated end date.
1 name, the dashed line is today
20242025202620272028
Hidden nameVisible after signing in Director (not named in the articles)
Board
Mandates as a list
Name after signing inVisible after signing in
Director (not named in the articles), from 26-03-2024 to date
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Monday of June at 18:00
Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor
Network & group
No group
Craving Code has no parent and no holdings in its annual accounts. Name hiddenVisible after signing in is the only director.
Earlier ties
Hidden nameVisible after signing in
via Name after signing inVisible after signing in, no longer at Name hiddenVisible after signing in · Statutory manager · deed of 08-10-2018
No longer active
Connections & network
Connections & network
Craving Code is linked to other companies through directors or shares. Look especially for linked companies in trouble.
Depth
The network starts from the earlier ties.
This companyCompanyDirectorShareholding+N: links not shown yetClick a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Timeline
7 events since 2024
Filings
Financial
Establishments
202420252026
Deadline for the 2026 accounts:
31-07-2027
2026
Annual accounts 2025 filedNBB ↗micro format · 14 days before the deadline
2025
Liquidity more than doubledcurrent ratio 8.01 The current ratio rises from 3.90 to 8.01.
Equity above €100,000equity €129,138 ▲145% With a profit in every financial year since 2024, equity grows to €129,138.
Annual accounts 2024 filedPDFmicro format · 30 days before the deadline
2024
Registered in the Peppol Directory Reachable for e-invoices through 0208:1007601356
IncorporationFounding capital of €1,000 · Appointment: Hidden nameVisible after signing in (director) · Registered office clause: Kleine Spekstraat 1b, 3020 Herent · published on 28-03-20243 points ▸
Founding capital, €1,000
Registered office clause, Kleine Spekstraat 1b, 3020 Herent
Director appointment, Name after signing inVisible after signing in (director (not named in the articles))
Each sentence rests on a document from the KBO register, the Belgian Official Gazette or the National Bank. The number after the sentence opens that document.
Craving Code was incorporated on 26 March 2024 as a private limited company, with a starting capital of €1,000.12Since 2024, Hidden nameVisible after signing in has served as director.3The company has filed 2 sets of annual accounts, the latest for financial year 2025.3
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
62090Computer programming, consultancy and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
74201Photography, excluding press photography
82300Organisation of conventions and trade shows
85599Other education
PurposeThe purpose describes the activities the company may carry out under its articles.
“Het testen en verder ontwikkelen van software en ICT-systemen; Het testen van computerprogramma's met gebruikers (User Experience Tests)…”
48 activities
Het testen en verder ontwikkelen van software en ICT-systemen;
Het testen van computerprogramma's met gebruikers (User Experience Tests);
Ontwerpen,aanpassen en ondersteunen van software en informaticatoepassingen;
Opsporen van bugs in een programma of applicatie op te sporen en verifiëren of software geschikt is voor gebruik;
Applicaties en softwaresystemen monitoren;
Overige uitgeverijen van software: de uitgeverijen van gebruiksklare niet-gepersonaliseerde standaardsoftware,met inbegrip van vertalingen of aanpassingen van deze standaardsoftware voor welbepaalde markten en voor eigen rekening,verkopen van softwarelicenties;
Algemene audit-activiteiten; het doorlichten van IT-organisaties;
Projectplanning en resource planning;
Activiteiten van grafische designers in de meest ruime zin,waaronder doch niet beperkt tot de productie van grafische ontwerpen met betrekking tot gedrukte documenten,beeldschermpagina’ s,logo’s,folders,visitekaartjes en het creëren van een huisstijl,etc;
Het ontwerpen en voeren van reclamecampagnes via kranten en tijdschriften,radio of televisie,internet of via andere media; het ontwerpen en plaatsen van buitenreclame,bijvoorbeeld op reclameborden en -panelen,op uitstalramen,in winkels,op auto's en bussen,enz.; het verspreiden van monsters en reclamemateriaal; het ontwerpen van reclameborden en -panelen,lichtkranten en neonreclame; promotiecampagnes voor producten; directe marketing in verkooppunten; geadresseerde reclame; advies op het gebied van marketing.
Activiteiten van copywriter: het ontwerpen van publicitaire artikelen,teksten en slogans.
Activiteiten van industriële designers in de meest ruime zin; het industrieel design: het ontwerpen en het uitwerken van voorontwerpen en specificaties die de functie,de waarde en het uiterlijk van de producten optimaliseren,dit met inbegrip van de materiaal-,constructie-,mechanisme-,vorm- en kleurenkeuze alsook met inbegrip van de afwerking van de producten.
Mediarepresentatie: het verkopen van tijd en ruimte voor publiciteit in de diverse media (advertentieacquisitie) en het verhuren van reclameruimte op panelen,rond sportvelden,in stationshallen,enz.
Ontwerpen van webpagina’s,webdesign,websites,etc;
Fotografische en videografische activiteiten in de meest ruime zin;
De productie en ontwikkeling van audiovisuele werken;
De detailhandel,groothandel en reparatie van audio- en videoapparatuur;
Alle activiteiten die betrekking hebben op virtual reality;
Het leveren van diensten aan personen of bedrijven ten behoeve van het promoten of het organiseren van de promotie of verkoop van hun producten of diensten,marketing activiteiten,verkooporganisatie en structurering;
Adviesverlening op het vlak van public relations en communicatie;
Het bieden van administratieve ondersteuning aan ondernemingen;
De organisatie,de promotie en/of het beheer van evenementen zoals salons,tentoonstellingen,beurzen,congressen,conferenties en seminaries;
Het geven van workshops en opleidingen;
Coaching activiteiten in de meest ruime zin;
Alle vormen van onderwijs,onder andere internationaal hoger onderwijs;
Detailhandel in allerlei producten via het internet (e-commerce);
Ontwerpen en programmeren van computerprogramma’s;
Computerconsultancy-activiteiten en aanverwante activiteiten;
Het verlenen van advies aan de gebruikers over soorten computers (hardware) en hun configuratie en de toepassing van bijhorende programmatuur (software);
Overige diensten op het gebied van informatietechnologie en computer;
Adviesverlening met betrekking tot de kwaliteit van een softwareproduct of -service;
Beheer van computerfaciliteiten;
Adviesverlening aan ondernemingen inzake innovatieve technologie;
Technisch adviesverlening in de meest ruime zin van het woord;
Gegevensverwerking,webhosting en aanverwante activiteiten;
Webportalen;
Overige dienstverlenende activiteiten op het gebied van informatie;
De detailhandel en groothandel van software,randapparatuur,telecommunicatieapparatuur en videospelconsoles;
De handel in eigen onroerend goed: flatgebouwen en woningen,niet voor bewoning bestemde gebouwen,met inbegrip van tentoonstellingsruimten,self storageruimten,winkelgalerijen en commerciële centra,gronden en terreinen;
De verkoop van eigen handelszaken en van zelf verworven sleutelgeld (overname)
Het verkavelen van terreinen,zonder het aanleggen van wegen,het voorzien van de nodige nutinfrastructuur,enz.
De verhuur en exploitatie van eigen of geleased residentieel onroerend goed,exclusief sociale woningen: al dan niet gemeubelde appartementen en huizen,onroerend goed in de vorm van timesharing;
De verhuur van appartementen in hotels op lange termijn;
De projectontwikkeling met het oog op verhuur van eigen of geleased residentieel onroerend goed,met uitzondering van sociale woningen;
De verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed,met uitzondering van terreinen: kantoorgebouwen,handelspanden,tentoonstellingsruimten en self storageruimten.
De verhuur op jaarbasis van garageboxen of staanplaatsen voor voertuigen;
De projectontwikkeling met het oog op verhuur van eigen of geleased niet-residentieel onroerend goed,met uitzondering van terreinen.
De verhuur en exploitatie van terreinen: grond en terreinen,o.a. voor landbouwdoeleinden,staanplaatsen voor caravans (verhuur gedurende een lange periode).