Cusdigix
ActiveCusdigix has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €43k and a net result of €30k. Equity is growing by ~16.9% per year across the filed fiscal years. Its solvency ranks better than 46% of 31220 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
93
/ 100
Excellent▼ -1 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency96▲+24
Growth52=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 2.0 against 1.57 in 2024), and 48.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
51.6%
Return on assets
35.8%
Age of the figures
14 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 23-12-2025, 39 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
39 d early
2024
57 d early
2023
55 d early
2022
1 d early
2021
6 d early
2020
2 d early
2019
18 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close08-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€43k▲ 21.8%
2024 · €35k
2019: €9k
2020: €20k
2021: €41k
2022: €39k
2023: €33k
2024: €35k
2019 → 2025
Total assets
€83k▼ 10.0%
2024 · €92k
2019: €117k
2020: €70k
2021: €111k
2022: €78k
2023: €67k
2024: €92k
2019 → 2025
Net result
€30k▼ 16.7%
2024 · €36k
2019: €39k
2020: €11k
2021: €43k
2022: €-2k
2023: €-5k
2024: €36k
2019 → 2025
Working capital
€40k▲ 22.9%
2024 · €32k
2019: €-24k
2020: €-6k
2021: €24k
2022: €35k
2023: €34k
2024: €32k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€41k-€39k▼ 5.6%€33k▼ 13.2%€35k▲ 4.8%€43k▲ 21.8%
Operating result€61k-€3k▼ 95.8%€-2k€48k€46k▼ 2.5%
Net result€43k-€-2k€-5k▼ 124%€36k€30k▼ 16.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 2% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €83k
Fixed assets
€3k▲ 8.1%
Current assets
€79k▼ 10.6%
Equity and liabilities €83k
Equity
€43k▲ 21.8%
Debt
€40k▼ 29.6%
The debt ratio falls from 61.9% to 48.4%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€48k▼
2024 · €48k
Cash flow
€31k▼
2024 · €36k
Solvency
51.6%▲
2024 · 38.1%
Current ratio
2.00▲
2024 · 1.57
Quick ratio
2.00▲
2024 · 1.57
Debt / equity
0.94▼
2024 · 1.62
ROE
69.4%▼
2024 · 101.4%
ROA
35.8%▼
2024 · 38.7%
Interest coverage
14.06▼
2024 · 634.30
Debt
€40k▼
2024 · €57k
Debt ≤ 1 year
€40k▼
2024 · €57k
Income taxes
€14k▲
2024 · €12k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€92k€83k▼
Fixed assets21/28€3k€3k▲
Tangible fixed assets22/27€3k€3k▲
Plant, machinery and equipment23€2k€2k▼
Furniture and vehicles24€875€2k▲
Current assets29/58€89k€79k▼
Amounts receivable within one year40/41€40k€34k▼
Trade receivables40€34k€34k=
Other amounts receivable41€6k-
Cash at bank and in hand54/58€48k€44k▼
Deferred charges and accrued income490/1€538€1k▲
Equity and liabilities
Total equity and liabilities10/49€92k€83k▼
Equity10/15€35k€43k▲
Contributions10/11€6k€6k=
Reserves13€29k€36k▲
Distributable reserves133€29k€36k▲
Profit (loss) carried forward14€37€692▲
Amounts payable17/49€57k€40k▼
Amounts payable within one year42/48€57k€40k▼
Trade debts44€11k€3k▼
Suppliers440/4€11k€3k▼
Taxes, remuneration and social security45€12k€15k▲
Taxes450/3€12k€15k▲
Other amounts payable47/48€34k€22k▼
Accrued charges and deferred income492/3€384€400▲
Income statement
Code20242025
Non-recurring operating income76A-€220
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€265€1k▲
Other operating charges640/8€795€426▼
Gross operating margin9900€49k€48k▼
Operating profit (loss)9901€48k€46k▼
Financial income75/76B€174€171▼
Recurring financial income75€174€171▼
Financial charges65/66B€75€3k▲
Recurring financial charges65€75€3k▲
Profit (loss) for the period before taxes9903€48k€43k▼
Income taxes67/77€12k€14k▲
Profit (loss) for the period9904€36k€30k▼
Profit (loss) for the period to be appropriated9905€36k€30k▼
Appropriation of the result
Profit (loss) to be appropriated9906€39k€30k▼
Profit (loss) brought forward from the previous period14P€3k€37▼
Transfer from equity791/2-€22k
Transfer to equity691/2€5k€29k▲
To other reserves6921€5k€29k▲
Profit to be distributed694/7€34k€22k▼
Return on contributions (dividend)694€34k€22k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
23-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
05-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial
Back to profitnet €36k
Net result €36k after 2 loss-making years.
2023
07-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial
Weakest financial yearnet €-5k
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
25-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Highest result since 2019net €43k ▲307%
Operating result €61k, net result €43k, both a record.
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
13-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
19-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
07-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
05-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Directors · office · real estate
Directors
no sitting director, last change in 2023
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
29-11-2023
PIROTTE Michel: Resigned as Manager
29-11-2023
Sébastien Pirotte: Resigned as Manager
Not every act has been read: a resignation may be missing here
2 of this company's 2 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Waremme · 1 establishment unit since 2014
Ground area
415 m²
Building footprint
98 m²
Volume, LiDAR
762 m³
Parcel 64074A0413/00P002, Wallonia · tallest building 9.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Cusdigix
since 20142.229.667.734
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64074A0413/00P002 | Wallonia | 415 m² | 1 · 98 m² | 9.0 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,127 companies in sector 70200 we hold annual accounts for 52,337. 36,993 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-02-2011
Fiscal year end30-06
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 08-09-2026. Scores and ratios are computed by Checked and are not a credit decision.