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CRYPTO ENGINEERING

Active
Private limited companyfounded 2017active for 9 yearsRaafstraat 20, 1030 Schaarbeek, BelgiumKBO/BCE: BE 0668.863.104
Summary

CRYPTO ENGINEERING has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €113,988 and a net result of €9,519. Equity is growing by about 11% per year across the filed financial years. Its solvency ranks better than 77% of 20,539 sector peers (NACE 62, financial year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).

Financials · financial year 2024, micro format

2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 26 October 2026.

Turnover
€99,680
EBIT margin
24.1%
Net result
€9,519▼ 39.8%
2023 · €15,804
Working capital
€111,136▲ 11.5%
2023 · €99,713
Trend over the years

2020 to 2024, 5 financial years 2019 to 2024, 6 financial years

The operating result has fallen two years in a row; 2024 is 39% below 2023 and is the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€10,823 2024 Net result€9,519 2024

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line201920202021202220232024
Turnover€99,680
Operating result€18,245-€21,824▲ 19.6%€23,992▲ 9.9%€25,302▲ 5.5%€17,804▼ 29.6%€10,823▼ 39.2%
Net result€15,845-€13,749within the sector's middle half▼ 13.2%€18,507within the sector's middle half▲ 34.6%€13,161within the sector's middle half▼ 28.9%€15,804within the sector's middle half▲ 20.1%€9,519within the sector's middle half▼ 39.8%
EBIT margin24.1%
Equity€58,602-€75,627within the sector's middle half▲ 29.1%€94,134within the sector's middle half▲ 24.5%€107,295within the sector's middle half▲ 14.0%€104,469within the sector's middle half▼ 2.6%€113,988within the sector's middle half▲ 9.1%
Total assets€63,191-€79,447below the sector's middle half▲ 25.7%€96,268below the sector's middle half▲ 21.2%€110,451below the sector's middle half▲ 14.7%€111,103below the sector's middle half▲ 0.6%€137,890within the sector's middle half▲ 24.1%
Debt€4,589-€3,820▼ 16.8%€2,134▼ 44.1%€3,157▲ 47.9%€6,634▲ 110%€23,902▲ 260%
Working capital€55,860-€72,985within the sector's middle half▲ 30.7%€91,710within the sector's middle half▲ 25.7%€105,819within the sector's middle half▲ 15.4%€99,713within the sector's middle half▼ 5.8%€111,136within the sector's middle half▲ 11.5%
Solvency92.7%-95.2%above the sector's middle half▲ 2.5pp97.8%above the sector's middle half▲ 2.6pp97.1%above the sector's middle half▼ 0.6pp94.0%above the sector's middle half▼ 3.1pp82.7%above the sector's middle half▼ 11.4pp
Current ratio13.17-20.10above the sector's middle half▲ 6.9343.97above the sector's middle half▲ 23.8634.52above the sector's middle half▼ 9.4416.03above the sector's middle half▼ 18.495.65above the sector's middle half▼ 10.38
Return on assets (ROA)25.1%-17.3%above the sector's middle half▼ 7.8pp19.2%above the sector's middle half▲ 1.9pp11.9%within the sector's middle half▼ 7.3pp14.2%within the sector's middle half▲ 2.3pp6.9%within the sector's middle half▼ 7.3pp
above within below the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €137,890
Fixed assets €2,852 ▼ 40.0%
Current assets €135,038 ▲ 27.0%
Equity and liabilities €137,890
Equity €113,988 ▲ 9.1%
Debt €23,902 ▲ 260%
Debt's share of the balance-sheet total rises from 6.0% to 17.3%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€12,726▼
2023 · €19,809
Cash flow
€11,423▼
2023 · €17,810
Debt to equity
0.21▲
2023 · 0.06
ROE
8.4%▼
2023 · 15.1%
Interest coverage
over 100
2023 · over 100
Debt ≤ 1 year
€23,902▲
2023 · €6,634
Income taxes
€1,244▼
2023 · €3,944
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 26,974 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 94.9% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
3.5% stopped otherwise
94.9% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 26,974 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 39 lines
Balance sheet Code20232024
Assets
Total assets20/58€111,103€137,890▲
Fixed assets21/28€4,755€2,852▼
Tangible fixed assets22/27€4,755€2,852▼
Furniture and vehicles24€4,755€2,852▼
Current assets29/58€106,347€135,038▲
Amounts receivable within one year40/41€80,813€84,259▲
Trade receivables40€21,755€23,897▲
Other amounts receivable41€59,059€60,362▲
Cash at bank and in hand54/58€25,534€50,779▲
Equity and liabilities
Total equity and liabilities10/49€111,103€137,890▲
Equity10/15€104,469€113,988▲
Contributions10/11€8,000€8,000=
Reserves13€2,530€2,530=
Non-distributable reserves130/1€2,530€2,530=
Reserves not available under the articles1311€2,530€2,530=
Profit (loss) carried forward14€93,939€103,458▲
Amounts payable17/49€6,634€23,902▲
Amounts payable within one year42/48€6,634€23,902▲
Financial debts43€131€131=
Credit institutions430/8€131€131=
Trade debts44€6,011€23,771▲
Suppliers440/4€6,011€23,771▲
Taxes, remuneration and social security45€492-
Taxes450/3€492-
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,006€1,903▼
Other operating charges640/8€820-
Gross operating margin9900€20,630€12,726▼
Operating profit (loss)9901€17,804€10,823▼
Financial income75/76B€2,004-
Recurring financial income75€2,004-
Non-recurring financial income76B€2,004-
Financial charges65/66B€60€60=
Recurring financial charges65€60€60=
Profit (loss) for the period before taxes9903€19,748€10,763▼
Income taxes67/77€3,944€1,244▼
Profit (loss) for the period9904€15,804€9,519▼
Profit (loss) for the period to be appropriated9905€15,804€9,519▼
Appropriation of the result
Profit (loss) to be appropriated9906€93,939€103,458▲
Profit (loss) brought forward from the previous period14P€78,135€93,939▲

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line201920202021202220232024Change
Turnover70--€99,680----
Goods, raw materials, services and sundry goods60/61--€74,533----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€803€949€949€2,006€1,903▼ 5.1%
Other operating charges640/8--€206-€820--
Gross operating margin9900€18,688€22,974€25,147€26,251€20,630€12,726▼ 38.3%
Operating profit (loss)9901€18,245€21,824€23,992€25,302€17,804€10,823▼ 39.2%
Financial income75/76B---€1,909€2,004--
Recurring financial income75---€1,909€2,004--
Non-recurring financial income76B---€1,909€2,004--
Financial charges65/66B--€85€146€60€60=
Recurring financial charges65€73€92€85€146€60€60=
Profit (loss) for the period before taxes9903€18,172€21,732€23,907€27,066€19,748€10,763▼ 45.5%
Income taxes67/77€2,327€7,983€5,400€13,905€3,944€1,244▼ 68.5%
Profit (loss) for the period9904€15,845€13,749€18,507€13,161€15,804€9,519▼ 39.8%
Profit (loss) for the period to be appropriated9905€15,845€13,749€18,507€13,161€15,804€9,519▼ 39.8%
Line201920202021202220232024Change
Assets
Total assets20/58€63,191€79,447€96,268€110,451€111,103€137,890▲ 24.1%
Fixed assets21/28€2,742€2,642€2,424€1,475€4,755€2,852▼ 40.0%
Tangible fixed assets22/27€2,742€2,642€2,424€1,475€4,755€2,852▼ 40.0%
Furniture and vehicles24--€2,424€1,475€4,755€2,852▼ 40.0%
Current assets29/58€60,449€76,805€93,844€108,976€106,347€135,038▲ 27.0%
Amounts receivable within one year40/41€36,693€53,722€45,663€72,175€80,813€84,259▲ 4.3%
Trade receivables40--€8,153€5,720€21,755€23,897▲ 9.8%
Other amounts receivable41--€37,510€66,455€59,059€60,362▲ 2.2%
Cash at bank and in hand54/58€23,756€23,083€48,181€36,801€25,534€50,779▲ 98.9%
Equity and liabilities
Total equity and liabilities10/49€63,191€79,447€96,268€110,451€111,103€137,890▲ 24.1%
Equity10/15€58,602€75,627€94,134€107,295€104,469€113,988▲ 9.1%
Contributions10/11€8,000€8,000€8,000€8,000€8,000€8,000=
Capital10--€8,000€8,000---
Issued capital100--€18,600€18,600---
Uncalled capital101--€10,600€10,600---
Reserves13€2,530€2,530€2,530€2,530€2,530€2,530=
Non-distributable reserves130/1--€2,530€2,530€2,530€2,530=
Legal reserve130--€2,530€2,530---
Reserves not available under the articles1311----€2,530€2,530=
Profit (loss) carried forward14€48,072€65,096€83,604€96,765€93,939€103,458▲ 10.1%
Amounts payable17/49€4,589€3,820€2,134€3,157€6,634€23,902▲ 260%
Amounts payable within one year42/48€4,589€3,820€2,134€3,157€6,634€23,902▲ 260%
Financial debts43--€1,638€131€131€131=
Credit institutions430/8--€1,638€131€131€131=
Trade debts44€1,447€1,993€497€3,026€6,011€23,771▲ 295%
Suppliers440/4--€497€3,026€6,011€23,771▲ 295%
Taxes, remuneration and social security45----€492--
Taxes450/3----€492--
Line201920202021202220232024Change
Profit (loss) for the period9904€15,845€13,749€18,507€13,161€15,804€9,519▼ 39.8%
+ Depreciation and write-downs630-€803€949€949€2,006€1,903▼ 5.1%
Operating cash flow (approximation)€15,845€14,551€19,456€14,110€17,810€11,423▼ 35.9%
Investment in fixed assets (approximation)--€702-€731€0-€5,286€0-
Change in cash--€674€25,099-€11,380-€11,267€25,245-

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

Download as CSV

Filings with the National Bank (7)
Financial year Type Filed Reference
31-12-2024 micro format 28-08-2025 2025-00464140
31-12-2023 full format 13-12-2024 2024-00616978
31-12-2022 full format 22-06-2023 2023-00152318
31-12-2021 full format 31-08-2022 2022-20423717
31-12-2020 full format 30-08-2021 2021-66200100
31-12-2019 full format 05-10-2020 2020-59400348
31-12-2017 full format 11-10-2018 2018-69200394

Similar companies · same sector, comparable size

Of the 29,878 active companies whose main activity is computer consultancy and computer facilities management (NACE 62200), figures are known for 18,871. 15,857 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.