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CULD

Active
Private limited companyfounded 2012active for 14 yearsHeizijde 51, 2300 Turnhout, BelgiumKBO/BCE: BE 0844.184.763

From the official registers: KBO 13 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

CULD has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €51,338 and a net result of €11,495. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 56% of 21,130 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

KBO
Status
Active since 29-02-2012 Normal situation
Activity
Computer programming NACE 62100and 5 others
Establishment unit
2.208.401.572 2300 Turnhout, since 06-03-2012
Financial year end
31 March
Peppol
Reachable since 21-11-2024

Board and ownership

Board
  • Blockx SteffanDirector
  • Horemans RubenDirector

Financial position

95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts to 31-03-2025
Gross margin
€68,178
▼ 4.4%
Turnover
≈ €160,000
estimated
Profit
€11,495
▼ 43.2%
Equity
€51,338
▲ 28.9%
Total assets
€78,113
▲ 6.0%
Staff
1 FTE
=
2026 accounts not filed, 1 day past the deadline
Filed on 02-10-2025PDF
Score breakdownraises riskFigures for financial year 2025 (filed on 09-10-2025)lowers riskLiquidity: current ratio 2.82, cash €63,798Sector: Computer programming, consultancy and related activities (NACE 62)Size: total assets €78,113Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 62% of micro companies in computer programming and consultancy (NACE 62)
Financial strength · tick: 2024
Strong
Solvency 91+12
equity 65.7% of total assets
Liquidity 85+7
short-term debt 33.5% · cash 81.7%
Profitability 87-13
return on assets 14.7%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (25,908 companies, NACE 62, micro)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026lowest value 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026highest value
Credit of up to €4,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.82 (2.11 in 2024), above the usual 1.5. Short-term debt is 33.5% and cash 81.7% of total assets. 34.3% of the assets are financed with debt and provisions.
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 58% of them on solvency, 70% on liquidity, 50% on profitability and 71% on growth.

The bankruptcy probability was computed on 31-10-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 2.82, cash €63,798
NBB · annual accounts
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
lowers risk · Size: total assets €78,113
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Figures for financial year 2025 (filed on 09-10-2025)
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year €51,338
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 02-10-2025, 29 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
not filed
2025
29 days early
2024
6 days early
2023
33 days early
2022
4 days early
2021
30 days late
2020
8 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 6 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 (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Comparable companies

These companies have the same main activity as CULD: computer programming (NACE 62100). They are comparable in size and age: total assets between €64,300 and €97,200, founded between 2011 and 2014.

CompanyTotal assetsGross margin
CULD Turnhout€78,113€68,178
ERGONOMIC Brussel€82,261€69,523
EVOLVE CONSULTING Izegem€97,226€66,069
PP COMPUTING Ukkel€83,908€58,416
INTO OBJECTS Leuven€87,472€75,396
REVISAT Nazareth-De Pinte€69,022€56,136
IT SIMPLY WORKS Mechelen€64,337€51,195
Full comparison

Documents

Annual accounts at the NBB

All 13 annual accounts

Articles and registers

Key facts about CULD

What is the company number of CULD?
The company number of CULD is 0844.184.763. The VAT number is the same number with BE in front: BE 0844.184.763.
Where is CULD based?
The registered office is at Heizijde 51, 2300 Turnhout.Company details
What does CULD do?
According to the KBO register, the main activity is computer programming (NACE 62100).
What is the legal form of CULD?
The legal form of CULD is Private limited company (BV).
When was CULD founded?
CULD was founded on 29-02-2012.
Is CULD still active?
Yes, CULD is an active enterprise in the KBO register.
How many employees does CULD have?
CULD had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of CULD?
The turnover in financial year 2025 is ≈ €160,000. This figure is estimated from the gross margin of €68,178 and 41 comparable companies (NACE 62100). It probably lies between €130,000 and €200,000.
Is CULD profitable?
In financial year 2025, CULD made a profit of €11,495.
Where can I find the annual accounts of CULD?
CULD filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)

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