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GreyCode

Active
Private limited companyfounded 20242 yrs activeOud-Smetlede 111, 9340 Lede, BelgiumKBO/BCE: BE 1013.725.125

GreyCode has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €3k and a net result of €-2k. Its solvency ranks better than 51% of 20785 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2024
63 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes
Profitability0
Solvency89
Growth-
Track record67
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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
Sector 62
lower
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
64%
Return on assets
-31.2%
Age of the figures
24 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2024 was due by 30-04-2025 and was filed on 03-04-2025, 27 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2024
27 d early
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€3k
Total assets
€5k
Net result
€-2k
Working capital
€3k

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Equity and liabilities €5k
Equity €3k
Debt €2k
Debt finances 36.0% of the balance-sheet total.
Key figures and ratios
2024 value
Solvency
64.0%
Current ratio
2.77
Quick ratio
2.77
Debt / equity
0.56
ROE
-48.8%
ROA
-31.2%
Debt
€2k
Debt ≤ 1 year
€2k
Filed annual accounts
As filed with the NBB · 2024
Balance sheet Code2024
Assets
Total assets20/58€5k
Current assets29/58€5k
Amounts receivable within one year40/41€255
Other amounts receivable41€255
Cash at bank and in hand54/58€5k
Equity and liabilities
Total equity and liabilities10/49€5k
Equity10/15€3k
Contributions10/11€5k
Profit (loss) carried forward14€-2k
Amounts payable17/49€2k
Amounts payable within one year42/48€2k
Other amounts payable47/48€2k
Income statement Code2024
Gross operating margin9900€-2k
Operating profit (loss)9901€-2k
Profit (loss) for the period before taxes9903€-2k
Profit (loss) for the period9904€-2k
Profit (loss) for the period to be appropriated9905€-2k
Appropriation of the result
Profit (loss) to be appropriated9906€-2k

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
03-04
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
NBB filing

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, Lede · 1 establishment unit since 2024
establishment The establishment unit on the map
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.

Oud-Smetlede 1119340 Lede
Ground area
1,053 m²
Building footprint
152 m²
Parcel 41066A0064/00F000, Flanders. Linked by address, not a title deed.
1 establishment unit
Oud-Smetlede 111, 9340 Lede
Computer programming, consultancy and related activities
since 20242.363.813.685
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
41066A0064/00F000 Flanders 1,053 m² 1 · 152 m² -
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.

Similar companies · same sector, comparable size

Of 30,000 companies in sector 62200 we hold annual accounts for 18,395. 4,621 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded18-09-2024
Fiscal year end30-09
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
62900Other information technology and computer services
63920Other information service activities
63990Computing infrastructure, data processing, hosting and other information service activities
68201Renting and operating of own or leased residential real estate, excluding social housing
70200Business and other management consultancy
70220Business consulting
82100Office administrative and support services
82110Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers

Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.