DANDY CODING · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of DANDY CODING is 0.2% (very low). The 2025 annual accounts show equity of €240k and a net result of €43k. Equity is growing by ~6.8% per year across the filed fiscal years. Its solvency ranks better than 95% of 2763 sector peers (fiscal year 2025). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.

Signals

3 signals · with evidence

Strong solvency vs sector

Solvency is in the sector's strongest quartile: better than 95% of 2763 peers (2025). A comfortable equity buffer.

View the sector comparison

Consistently profitable

Positive net result in the two most recent financial years (2024 and 2025).

View the result trend

Growing equity

Equity grew over 2023-2025. Profits are largely retained rather than distributed.

View the equity trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide

A punctual record breaks

This company filed 9 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 18-02-2026, 18 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.

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.

How we compute the deadline

The year end is derived from 10 filed financial years, each closing on 30-06. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 30-06-2025, that is 31-01-2026.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
30-06-2025	31-01-2026	18-02-2026	18 d late	2026-00040630
30-06-2024	31-01-2025	30-12-2024	32 d early	2024-00627544
30-06-2023	31-01-2024	23-01-2024	8 d early	2024-00010881
30-06-2022	31-01-2023	26-01-2023	5 d early	2023-00007696
30-06-2021	31-01-2022	31-01-2022	on the day	2022-04600290
30-06-2020	31-01-2021	29-01-2021	2 d early	2021-04000315
30-06-2019	31-01-2020	31-01-2020	on the day	2020-04400155
30-06-2018	31-01-2019	14-12-2018	48 d early	2018-74600503
30-06-2017	31-01-2018	08-01-2018	23 d early	2018-00700134
30-06-2016	31-01-2017	31-01-2017	on the day	2017-02700122

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals

Established

Founded in 2012, 14 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

0.2% Very low

0%0,5%1,5%4%10%≥25%

Lower-failure-rate sector −Annual accounts: healthy financial profile −Long track record −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)

EBIT marginNot published (abbreviated filing)

Net result€43k+1012.9%

Working capital€190k+5.8%

CSV export

Annual accounts & ratios

Source: NBB · 2025

Annual accounts filed on 18-02-2026 with the NBB · fiscal year 2025 · micro

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

growing Gross margin: growth of ~3.7%/year over 7 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2025 · NACE 62, Computer programming & consultancy · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	94.0%	62.1%	better than 95% of 2763 sector peers
Net result	€43k	€39k	better than 54% of 2765 sector peers
Equity	€240k	€62k	better than 93% of 2764 sector peers
Gross operating margin	€73k	€62k	better than 59% of 2765 sector peers
Total assets	€255k	€121k	better than 83% of 2765 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Sector position over time

Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).

Solvency P95

Improving position over 2020-2025 · n=654-7349

Net result P54

Weakening position over 2020-2025 · n=651-7346

Equity P93

Stable position over 2020-2025 · n=655-7351

Gross operating margin P59

Stable position over 2020-2025 · n=650-7340

Describes the position versus peers, not a forecast.

EBITDA

€72k

-4.3% 19-25

Net profit

€43k

+1012.9% 19-25

Cash flow

€52k

+636.8% 19-25

Total assets

€255k

+26.9% 19-25

Equity

€240k

+22.1% 19-25

Working capital

€190k

+5.8% 19-25

Income taxes

€22k

+3168.4% 19-25

Debt

€15k

+232.5% 19-25

Debt ≤ 1y

€15k

+232.5% 19-25

Debt > 1y

€33k

-24.9% 19-25

Current ratio

13.43

-66.5% 19-25

Quick ratio

13.43

-66.5% 19-25

Solvency

94.0%

-3.8% 19-25

Debt / equity

0.06

+172.4% 19-25

ROE

18.1%

+811.8% 19-25

ROA

17.0%

+777.2% 19-25

Interest coverage

389.41

+35586.1% 19-25

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2025
Deposit	micro
Revenue	-
EBITDA	€72k
Net profit	€43k
Cash flow	€52k
Staff costs	-
Income taxes	€22k
Dividends	-
Total assets	€255k
Equity	€240k
Debt	€15k
of which ≤ 1y	€15k
of which > 1y	-
Working capital	€190k
Employees (FTE)	-

Ratios (computed)

	2025
Current ratio	13.43
Quick ratio	13.43
Working capital ratio	74.4%
Solvency	94.0%
Debt / equity	0.06
Long-term debt ratio	-
Interest coverage	389.41
Gross margin	-
Net margin	-
ROA	17.0%
ROE	18.1%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2025

Assets

Fixed assets €50k · 19.6% Current assets €205k · 80.4%

Equity & liabilities

Equity €240k · 94.0% Debt €15k · 6.0%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2025
Balance sheet, Assets
TOTAL ASSETS	20/58	€255k
Fixed assets	21/28	€50k
Intangible fixed assets	21	€6k
Tangible fixed assets	22/27	€44k
Financial fixed assets	28	€75
Current assets	29/58	€205k
Amounts receivable within one year	40/41	€7k
Investments	50/53	€64k
Cash & bank	54/58	€133k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€255k
Equity	10/15	€240k
Contributions / capital	10/11	€6k
Reserves	13	€59k
Accumulated profits (losses)	14	€175k
Amounts payable	17/49	€15k
Amounts payable within one year	42/48	€15k
Trade debts payable within one year	44	€2k
Income statement
Gross operating margin	9900	€73k
Operating result	9901	€63k
Financial income	75	€3k
Financial charges	65	€185
Result before taxes	9903	€65k
Income taxes	67/77	€22k
Net result for the period	9904	€43k
Result to be appropriated	9905	€43k

You are seeing the latest fiscal year only. 4 prior years (figures + ratios) are in a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2025 · computed

100 / 100 Excellent

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Rue du Petit Villerot(H) 276B7334 Saint-Ghislain

Establishment units

1 location

Dandy Coding

Rue du Petit Villerot(H) 276B, 7334 Saint-GhislainDetailhandel in computers, randapparatuur en software in gespecialiseerde winkels

since 20122.206.541.251

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Parcels1

Ground area1,100 m²

Buildings1

Building footprint178 m²

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
53036B0876/00T002	Wallonia	1,099 m²	1 · 178 m²	-

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Snowflake analysis

financial profile on 5 axes

88 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 100

Profitability 90

Solvency 100

Growth 52

Stability 100

Credit advice

verdict per customer and amount

Similar

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We hold annual accounts for 2,809 of the 16,739 companies in this sector. 1,969 of them are within a factor 10 of this company's equity.

See full sector →

Company registry

Company registry (CBE)

Crossroads Bank

Activities

Ontwerpen en programmeren van computerprogramma's62010Ontwerpen van computerprogramma’s62100Overige niet-gespecialiseerde detailhandel47120Detailhandel via postorderbedrijven of via internet47910Computerconsultancy-activiteiten62020Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten62200

Primary activity highlighted.

Names & trade names

Legal nameFR

DANDY CODING

Registered office

Rue du Petit Villerot(H) 276B

7334 Saint-Ghislain, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.