Debts
€46,911 88% of the balance sheet
Suppliers 33%Taxes and wages 16%Other 51%
CrossCode
Overview
Lifetime
2 annual accounts with figures on one time axispeak €18,796 (2025)
€18,796▲ €22,118
lowest -€6,088 (2024)
€9,908▲ €15,995
peak €6,320 (2025)
€6,320▲ €9,908
€46,911▲ 94.1%
Board1 name since 2023
1 directorVERVAECKE Senne
Documentsfilings and deeds
07-08-20267 days late
2025micro format
Gross margin from -€3,322 to €18,796Back to profit: €9,908Equity from -€3,588 to €6,320Debts from €24,168 to €46,911Investments €12,500Cash from €7,482 to €14,868
Key points
from the 2025 annual accountsInvestments
€12,500 3.0 × depreciation
Green is investment, beige is depreciation.
Position in the sector
€6,320
Less equity than 86% of companies in computer programming and consultancy. Sector median €69,058 · 21,211 companies.
2025 accounts filed 7 days after the deadline
Checked score
93
Excellent
Financially stronger than 46% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.5%
01-2025: 0.5%● unchanged vs 12-2024
02-2025: 0.5%● unchanged vs 01-2025
03-2025: 0.6%▲ +0.1 percentage points vs 02-2025
04-2025: 0.6%● unchanged vs 03-2025
05-2025: 0.6%● unchanged vs 04-2025highest value
06-2025: 0.6%● unchanged vs 05-2025
07-2025: 0.6%● unchanged vs 06-2025
08-2025: 0.3%▼ -0.3 percentage points vs 07-2025
09-2025: 0.3%● unchanged vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.2%▼ -0.1 percentage points vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.3%▲ +0.1 percentage points vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.3%● unchanged vs 06-2026
08-2026: 0.5%▲ +0.2 percentage points vs 07-2026
09-2026: 0.1%▼ -0.4 percentage points vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
Founded in 2023
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Liquidity: current ratio 0.84, cash €14,868
Size: total assets €53,230
Calculation
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, micro). It does better than 17% of them on solvency, 14% on liquidity, 56% on profitability and 96% 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).
Comparable companies, two years later
In July 2024, 7,976 companies had the same profile as CrossCode has now. Each dot stands for 20 companies, two years later.
94.3%
were still trading
1.8%
stopped another way
3.6%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of CrossCode itself is lower: 0.1% within 12 months. It rests on far more data about CrossCode than the profile alone.
Test of the method
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 7,976 companies, not a prediction for CrossCode. 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 of up to €500 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.84 (0.62 in 2024), below 1. Short-term debt is 88.1% and cash 27.9% of total assets. 88.1% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
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.
Signals
Six signals.
lowers riskraises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 21205 sector peers (2025).
NBB · sector comparisonPosition among 21205 sector peers
Solvency
better than 16%
← weakest
strongest →
raises risk · 2025 accounts filed 7 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-08-2026, 7 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filingsDeviation from the deadline
2025
7 days late
2024
24 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 9 days before 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.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0800715006
Incorporation
Founding capital of €2,500, 100 shares · Founder: VERVAECKE Senne · Appointment: VERVAECKE Senne (director) · published on 17-04-2023 · Gazette deed
First establishment
Korte Trontingenstraat 25, Lennik
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CrossCode Lennik | €53,230 | €18,796 | 11.9% | - |
| SNN CONSULTING Wemmel | €56,441 | €17,473 | 40.8% | - |
| MIKABAXA Rumst | €54,590 | €19,848 | 46.1% | - |
| PONAMADEV Molenbeek-Saint-Jean | €60,116 | €18,042 | 84.9% | - |
| MEERAB GROUP Molenbeek-Saint-Jean | €47,185 | €19,397 | 32.2% | - |
| MC IT CONSULTING Willebroek | €47,587 | €17,002 | 62.6% | - |
| THE DEVLAB Woluwe-Saint-Lambert | €48,580 | €17,646 | 77.5% | - |
These companies have the same main activity as CrossCode: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €47,200 and €60,100, founded between 2022 and 2023.
Official details
Source: KBO- Status
- Active since 13-04-2023Normal situation
- Activity
- Computer consultancy and computer facilities managementNACE 62200and 3 others
- Establishment unit
- 2.344.714.9791750 Lennik, since 13-04-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 01-09-2025
Annual accounts 2025
- €18,796
- ≈ €100,000estimated
- €9,908
- €6,320
- €53,230▲ 159%
- Filing
- Filed on 07-08-2026
Insights on CrossCode
CrossCode has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6,320 and a net result of €9,908.
Its solvency ranks better than 16% of 21,205 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 07-08-2026, 7 days late€18,796
▲ €22,118
€13,112
▲ €18,269
€9,908
▲ €15,995
-€7,482
▲ €1,622
11.9%
▲ 29.3 percentage points
0.84
▲ 0.22
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €100,000. Estimated: probably between €48,000 and €200,000.
Balance sheet
balance sheet total €53,230 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
11.9%
Higher than 16% of 21,205 companies in 2025.
0.84
Higher than 12% of 20,568 companies in 2025.
18.6%
Higher than 51% of 20,743 companies in 2025.
CrossCode
Middle half of the sector
80% of the sector
Micro accounts in computer programming and consultancy (NACE 62)
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
53,230 | 20,580 | |
21/28 |
13,802 | 5,516 | |
22/27 |
13,802 | 5,516 | |
23 |
2,717 | 5,516 | |
24 |
11,085 | - | |
29/58 |
39,428 | 15,063 | |
40/41 |
24,561 | 7,582 | |
40 |
24,561 | 7,582 | |
54/58 |
14,868 | 7,482 | |
| Balance sheet: equity and liabilities | |||
10/49 |
53,230 | 20,580 | |
10/15 |
6,320 | -3,588 | |
10/11 |
2,500 | 2,500 | |
14 |
3,820 | -6,088 | |
17/49 |
46,911 | 24,168 | |
42/48 |
46,911 | 24,168 | |
44 |
15,287 | 10,811 | |
440/4 |
15,287 | 10,811 | |
45 |
7,554 | 2,718 | |
450/3 |
7,554 | 2,718 | |
47/48 |
24,070 | 10,639 | |
| Income statement | |||
9900 |
18,796 | -3,322 | |
630 |
4,214 | 1,408 | |
640/8 |
1,470 | 427 | |
9901 |
13,112 | -5,157 | |
75/76B |
51 | - | |
75 |
51 | - | |
65/66B |
356 | 524 | |
65 |
356 | 524 | |
9903 |
12,807 | -5,681 | |
67/77 |
2,899 | 407 | |
9904 |
9,908 | -6,088 | |
9905 |
9,908 | -6,088 | |
| Appropriation of the result | |||
9906 |
3,820 | -6,088 | |
14P |
-6,088 | - | |
| Document | |||
The notes to these accounts have 5 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 07-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 7 days after the deadline. Filed on 7 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00386666.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 17,326 | -3,749 | ||
| 14,122 | -4,680 | ||
| 12,500 | 6,924 | ||
| 7,386 | - | ||
| -7,482 | -9,104 | ||
| 11.9% | -17.4% | ||
| 0.84 | 0.62 | ||
| 7.42 | - | ||
| 156.8% | - | ||
| 18.6% | -29.6% | ||
| 48.64 | -7.16 |
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| Item | 2025 | 2024 |
|---|---|---|
| Tangible fixed assets | €12,500 | €6,924 |
| €4,214 | €1,408 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on CrossCode
The operating result for 2025 is a profit of €13,112, after a loss of €5,157 in 2024.
Debt's share of the balance-sheet total is 88.1%.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
appointed by deed of 17-04-2023
term without a fixed end
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 17-04-2023
Mandates through the years
1 name, the dashed line is todayVERVAECKE Senne
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- VERVAECKE Senne
- Director (not named in the articles), appointed by deed of 17-04-2023, still in office
Control
Capital
- Contribution
- €2,500
- Shares
- 100
- Contribution per share
- €25
- Equity per share
- €63.20 in 2025
- Source
- deed of 17-04-2023
Articles of association
deed of 17-04-2023 (in Dutch)- 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.
- First Monday of June at 20:00
Founder
At incorporation
deed of 17-04-2023 ↗
- VERVAECKE Senne sole founder · 100% at incorporation
Network & group
No group
CrossCode has no parent and no holdings in its annual accounts. VERVAECKE Senne is the only director. CrossCode shares no director with another company.
At the same address
Korte Trontingenstraat 25, 1750 Lennik · 2 other companies| KRIS VERVAECKE
registered office since 28-04-1995 · founded in 1988 |
total assets €393,604 (2025) 0433.697.589 |
| ALSINGEN
registered office since 01-02-2008 · founded in 2008 |
total assets €209,761 (2025) 0895.338.605 |
Timeline
Timeline
6 events since 2023Filings
Financial
Establishments
2023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 7 days late
2025
Back to profit net €9,908 The net result is €9,908, after one loss-making year.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0800715006
Annual accounts 2024 filed PDFmicro format · 24 days before the deadline
2023
IncorporationFounding capital of €2,500, 100 shares · Founder: VERVAECKE Senne · Appointment: VERVAECKE Senne (director) · published on 17-04-20234 points ▸
- Founder, VERVAECKE Senne
- Founding capital, €2,500, 100 shares
- Board rule, 1
- Director appointment, VERVAECKE Senne (director (not named in the articles))
- The deed holds 1 more point.
First establishment Korte Trontingenstraat 25, Lennik
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
CrossCode was incorporated on 13 April 2023 as a private limited company by one natural person, with a starting capital of €2,500.12 VERVAECKE Senne is director of the company, appointed by deed of 17-04-2023.2 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3
Company details
Identity
- Enterprise number
- 0800.715.006
- VAT number
- BE 0800.715.006
- Peppol ID
- 0208:0800715006
- Other Peppol ID
- 9925:BE0800715006
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 13-04-2023
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Monday of June at 20:00deed of 17-04-2023 (in Dutch)
- Peppol
- Reachable since 01-09-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- CrossCode in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 17-04-2023 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Korte Trontingenstraat 25, 1750 Lennik”deed of 17-04-2023 (in Dutch)
Activities
NACEBEL 202562200
Computer consultancy and computer facilities management main activity
62100
Computer programming
Codes under NACEBEL 2008
62020
IT consultancy main activity
01430
Crop and animal production, hunting and related service activities
62010
Computer programming, consultancy and related activities
93129
Activities of other sports clubs
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Het ontwikkelen van IT projecten en webapplicaties; De realisatie van programma’s en gebruiksklare systemen,uitgeverij van programmatuur; De…”deed of 17-04-2023 (in Dutch)
13 activities
- Het ontwikkelen van IT projecten en webapplicaties
- De realisatie van programma’s en gebruiksklare systemen,uitgeverij van programmatuur
- De gegevensverwerking,het al dan niet permanent verwerken van gegevens met behulp van een eigen programma of een programma van de klant
- De ontwikkeling,promotie en beheer van databanken
- Het verlenen van advies over soorten computers en hun configuratie en toepassing van bijbehorende programmatuur
- De activiteiten van systeemintegrators
- De kleinhandel in computers,randapparatuur en standaardprogrammatuur
- Advies en consultancy inzake telecommunicatie
- Het onderricht,de instructie,de opleiding en de promotie van het paardrijden
- Het onderhoud en de verhuur van stallen een paardenboxen
- Het verrichten van alle mogelijke handelingen die rechtstreeks en onrechtstreeks betrekking hebben op de fok,opfok,koop,verkoop,import en export van paarden evenals het verrichten van alle aanverwante activiteiten die het doel kunnen bevorderen
- Het inrichten van culturele en sportmanifestaties
- Het zoeken naar en verwerven van financiële middelen voor de verwezenlijking van al deze gestelde doeleinden
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Korte Trontingenstraat 25 registered office 1750 Lennik 01430 Raising of horses and other equines | 13-04-2023 | 2.344.714.979 |
Buildings and parcels at the address
- Ground area
- 2,587 m²
- Buildings
- 2,041 m²
- Volume, LiDAR
- 10,821 m³
- Tallest building
- 10.5 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 23075E0008/00B000 | 2,587 m² | 1 · 2,041 m² | 10.5 m · 2 |