Custom Code
ActiveSummary
Custom Code has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €39k and a net result of €3k. Equity is growing by ~44.1% per year across the filed fiscal years. Its solvency ranks better than 36% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability66▼-34
Solvency68▼-29
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity ample (current ratio 4.02 against 3.53 in 2024; short-term debt: 23.3% and cash: 58.8% of total assets), but 57.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
42.9%
Return on assets
2.9%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-05-2026, 88 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
88 d early
2024
1 d early
2023
7 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€39k▲ 7.3%
2024 · €36k
2023: €7klowest in 3 years
2024: €36k▲ +424% vs 2023
2025: €39k▲ +7.3% vs 2024highest in 3 years
2023 → 2025
Total assets
€90k▲ 81.0%
2024 · €50k
2023: €29klowest in 3 years
2024: €50k▲ +70.4% vs 2023
2025: €90k▲ +81.0% vs 2024highest in 3 years
2023 → 2025
Net result
€3k▼ 91.3%
2024 · €30k
2023: €6k
2024: €30k▲ +426% vs 2023highest in 3 years
2025: €3k▼ -91.3% vs 2024lowest in 3 years
2023 → 2025
Working capital
€64k▲ 89.8%
2024 · €33k
2023: €4klowest in 3 years
2024: €33k▲ +668% vs 2023
2025: €64k▲ +89.8% vs 2024highest in 3 years
2023 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€7k-€36k▲ 424%€39k▲ 7.3%
2023: €7klowest in 3 years
2024: €36k▲ +424% vs 2023
2025: €39k▲ +7.3% vs 2024highest in 3 years
Operating result€9k-€42k▲ 385%€15k▼ 64.1%
2023: €9klowest in 3 years
2024: €42k▲ +385% vs 2023highest in 3 years
2025: €15k▼ -64.1% vs 2024
Net result€6k-€30k▲ 426%€3k▼ 91.3%
2023: €6k
2024: €30k▲ +426% vs 2023highest in 3 years
2025: €3k▼ -91.3% vs 2024lowest in 3 years
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 64% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €90k
Fixed assets
€6k ▲ 81.8%
Current assets
€85k ▲ 80.9%
Equity and liabilities €90k
Equity
€39k ▲ 7.3%
Provisions
€30k
Debt
€21k ▲ 53.2%
Debt's share of the balance-sheet total falls from 27.6% to 23.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€17k▼
2024 · €43k
Cash flow
€4k▼
2024 · €31k
Current ratio
4.02▲
2024 · 3.53
Debt to equity
0.54▲
2024 · 0.38
ROE
6.8%▼
2024 · 83.2%
ROA
2.9%▼
2024 · 60.3%
Interest coverage
5.21▼
2024 · 13.12
Debt ≤ 1 year
€21k▲
2024 · €13k
Income taxes
€9k▲
2024 · €9k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€50k€90k▲
Formation expenses20€0-
Fixed assets21/28€3k€6k▲
Tangible fixed assets22/27€3k€6k▲
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24-€3k
Other tangible fixed assets26€1k€1k▼
Current assets29/58€47k€85k▲
Amounts receivable within one year40/41€11k€29k▲
Trade receivables40€11k€18k▲
Other amounts receivable41€0€12k▲
Cash at bank and in hand54/58€34k€53k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€50k€90k▲
Equity10/15€36k€39k▲
Contributions10/11€2k€2k=
Reserves13€34k€37k▲
Distributable reserves133€34k€37k▲
Profit (loss) carried forward14€0€0=
Provisions and deferred taxes16-€30k
Provisions for liabilities and charges160/5-€30k
Other liabilities and charges164/5-€30k
Amounts payable17/49€14k€21k▲
Amounts payable within one year42/48€13k€21k▲
Trade debts44€83€4k▲
Suppliers440/4€83€4k▲
Taxes, remuneration and social security45€12k€17k▲
Taxes450/3€12k€17k▲
Other amounts payable47/48€1k€0▼
Accrued charges and deferred income492/3€460€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€2k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8-€30k
Other operating charges640/8€811€915▲
Gross operating margin9900€44k€48k▲
Operating profit (loss)9901€42k€15k▼
Financial income75/76B€10€0▼
Recurring financial income75€10€0▼
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€39k€12k▼
Income taxes67/77€9k€9k▲
Profit (loss) for the period9904€30k€3k▼
Profit (loss) for the period to be appropriated9905€30k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€30k€3k▼
Transfer to equity691/2€29k€3k▼
To other reserves6921€29k€3k▼
Profit to be distributed694/7€833€0▼
Return on contributions (dividend)694€833€0▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €475 | €1k | €2k | ▲ 56.8% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | €30k | - |
| Other operating charges640/8 | €781 | €811 | €915 | ▲ 12.9% |
| Gross operating margin9900 | €10k | €44k | €48k | ▲ 9.5% |
| Operating profit (loss)9901 | €9k | €42k | €15k | ▼ 64.1% |
| Financial income75/76B | - | €10 | €0 | ▼ 100% |
| Recurring financial income75 | - | €10 | €0 | ▼ 100% |
| Financial charges65/66B | €985 | €3k | €3k | ▼ 2.5% |
| Recurring financial charges65 | €985 | €3k | €3k | ▼ 2.5% |
| Profit (loss) for the period before taxes9903 | €8k | €39k | €12k | ▼ 69.3% |
| Income taxes67/77 | €2k | €9k | €9k | ▲ 6.5% |
| Profit (loss) for the period9904 | €6k | €30k | €3k | ▼ 91.3% |
| Profit (loss) for the period to be appropriated9905 | €6k | €30k | €3k | ▼ 91.3% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €29k | €50k | €90k | ▲ 81.0% |
| Formation expenses20 | €536 | €0 | - | - |
| Fixed assets21/28 | €2k | €3k | €6k | ▲ 81.8% |
| Tangible fixed assets22/27 | €2k | €3k | €6k | ▲ 81.8% |
| Plant, machinery and equipment23 | €2k | €2k | €1k | ▼ 26.7% |
| Furniture and vehicles24 | - | - | €3k | - |
| Other tangible fixed assets26 | - | €1k | €1k | ▼ 20.8% |
| Current assets29/58 | €27k | €47k | €85k | ▲ 80.9% |
| Amounts receivable within one year40/41 | €11k | €11k | €29k | ▲ 177% |
| Trade receivables40 | €11k | €11k | €18k | ▲ 68.0% |
| Other amounts receivable41 | €7 | €0 | €12k | - |
| Cash at bank and in hand54/58 | €13k | €34k | €53k | ▲ 56.1% |
| Deferred charges and accrued income490/1 | €2k | €2k | €2k | ▲ 1.8% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €29k | €50k | €90k | ▲ 81.0% |
| Equity10/15 | €7k | €36k | €39k | ▲ 7.3% |
| Contributions10/11 | €2k | €2k | €2k | = |
| Reserves13 | €5k | €34k | €37k | ▲ 7.7% |
| Distributable reserves133 | €5k | €34k | €37k | ▲ 7.7% |
| Profit (loss) carried forward14 | €0 | €0 | €0 | - |
| Provisions and deferred taxes16 | - | - | €30k | - |
| Provisions for liabilities and charges160/5 | - | - | €30k | - |
| Other liabilities and charges164/5 | - | - | €30k | - |
| Amounts payable17/49 | €22k | €14k | €21k | ▲ 53.2% |
| Amounts payable within one year42/48 | €22k | €13k | €21k | ▲ 58.6% |
| Trade debts44 | €227 | €83 | €4k | ▲ 4,516% |
| Suppliers440/4 | €227 | €83 | €4k | ▲ 4,516% |
| Taxes, remuneration and social security45 | €10k | €12k | €17k | ▲ 45.8% |
| Taxes450/3 | €10k | €12k | €17k | ▲ 45.8% |
| Other amounts payable47/48 | €12k | €1k | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | - | €460 | €0 | ▼ 100% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €6k | €30k | €3k | ▼ 91.3% |
| + Depreciation and write-downs630 | €475 | €1k | €2k | ▲ 56.8% |
| Operating cash flow (approximation) | €6k | €31k | €4k | ▼ 86.4% |
| Investment in fixed assets (approximation) | - | €-2k | €-4k | ▼ 97.1% |
| Change in cash | - | €21k | €19k | ▼ 9.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
04-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €3k ▼91.3%
Net result drops to €3k, the lowest in the series.
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2023net €30k ▲426%
Operating result €42k, net result €30k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 3.53
Current ratio from 1.20 to 3.53; short-term debt falls from €22k to €13k.
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Geraardsbergen · 1 establishment unit since 2023
Ground area
1,803 m²
Building footprint
194 m²
Volume, LiDAR
1,209 m³
Parcel 41021A0166/00F002, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Custom Code
since 20232.348.181.245
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41021A0166/00F002 | Flanders | 1,803 m² | 1 · 194 m² | 9.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
9845002CB5F3E7414C23
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Of 16,879 companies in sector 62100 we hold annual accounts for 8,771. 6,629 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded07-08-2023
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
62200Computer consultancy and computer facilities management
63910Web portal activities
70200Business and other management consultancy
74120Graphic design and visual communication
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.