Equity
€183,816 ▲ 52.5%
Equity rose in 2025 from €120,506 to €183,816.
GrooveCode
Lifetime
3 annual accounts with figures on one time axispeak €81,975 (2023)
€79,617▲ 3.3%
peak €63,310 (2025)
€63,310▲ 4.9%
peak €183,816 (2025)
€183,816▲ 52.5%
€13,951▼ 14.9%
Board1 name since 2023
1 director
Documentsfilings and deeds
04-03-2026149 days before the deadline
2025micro format
Equity from €120,506 to €183,816Cash from €70,701 to €129,218
Key points
from the 2025 annual accountsLiquidity
14.26 was 8.31 in 2024
Short-term debts fell from €16,015 to €13,634.
Position in the sector
92.9%
Higher solvency than 91% of companies in computer programming and consultancy. Sector median 59.9% · 22,044 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 39,326 companies had the same profile as GrooveCode has now. Each dot stands for 99 companies, two years later.
95.7%
were still trading
2.4%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,326 companies, not a prediction for GrooveCode. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Incorporation
Founding capital of €1,000, 100 shares · Founder: · Appointment: (director) · published on 16-01-2023 · Gazette deed
First establishment
Watertorenstraat 32, Mechelen
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| GrooveCode Mechelen | €197,767 | €79,617 | 92.9% | - |
| InFormation Consulting Antwerp | €203,487 | €76,032 | 94.1% | - |
| STVM Zoersel | €193,281 | €75,747 | 90.3% | - |
| Lambik IT Bonheiden | €197,962 | €84,375 | 75.3% | - |
| TGN Consulting Niel | €210,899 | €76,467 | 68.4% | - |
| Upcast Mol | €185,866 | €78,465 | 94.5% | - |
| Elmija Beerse | €196,466 | €76,148 | 50.5% | - |
These companies have the same main activity as GrooveCode: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €186,000 and €211,000, founded between 2022 and 2023.
Official details
Source: KBO- Status
- Active since 12-01-2023Normal situation
- Activity
- Computer consultancy and computer facilities managementNACE 62200and 3 others
- Establishment unit
- 2.340.050.1702812 Mechelen, since 12-01-2023
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- ≈ €160,000estimated
- €197,767▲ 44.5%
- Filing
- Filed on 04-03-2026, 149 days before the end of the filing period
Insights on GrooveCode
GrooveCode files the micro format. That format states no turnover. The gross margin fell from €81,975 in 2023 to €79,617 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about GrooveCode
- What is the company number of GrooveCode?
- The company number of GrooveCode is 0797.100.072. The VAT number is the same number with BE in front: BE 0797.100.072.
- Where is GrooveCode based?
- The registered office is at Watertorenstraat 32, 2812 Mechelen.Company details
- What does GrooveCode do?
- According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
- What is the legal form of GrooveCode?
- GrooveCode is a private limited company (BV).
- When was GrooveCode founded?
- GrooveCode was founded on 12-01-2023.
- Is GrooveCode still active?
- Yes, GrooveCode is an active enterprise in the KBO register.
- What is the turnover of GrooveCode?
- The turnover in financial year 2025 is ≈ €160,000. This figure is estimated from the gross margin of €79,617 and 66 comparable companies (NACE 62200). It probably lies between €140,000 and €200,000. In financial year 2023 turnover was €140,218.Financials
- Is GrooveCode profitable?
- In financial year 2025, GrooveCode made a profit of €63,310.
- Where can I find the annual accounts of GrooveCode?
- GrooveCode filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of GrooveCode due?
- GrooveCode must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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