Skip to content

GrooveCode

Active Private limited companyfounded 2023active for 3 yearsWatertorenstraat 32, 2812 MechelenKBO/BCE: BE 0797.100.072
GrooveCode
Follow ReportCompare

Overview

Lifetime

3 annual accounts with figures on one time axis
peak €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 accounts

Equity

€183,816 ▲ 52.5%
€121,0002024€184,0002025

Equity rose in 2025 from €120,506 to €183,816.

Liquidity

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
  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

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.

The companies in ten equal groups, from the lowest to the highest expected share
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

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director, since 12-01-2023
  • 100 sharesdeed of 16-01-2023
Board & ownership

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
All 9 events

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
Company details

Annual accounts 2025

€79,617▲ 3.3%
≈ €160,000estimated
€63,310▲ 4.9%
€183,816▲ 52.5%
€197,767▲ 44.5%
Filing
Filed on 04-03-2026, 149 days before the end of the filing period
Financials

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.

Financials

Annual accounts 2025

micro format, filed on 04-03-2026, 149 days before the deadline
€79,617
▲ 3.3%
€78,284
▲ 3.0%
€78,695
▲ 3.1%
€63,722
▲ 5.0%
92.9%
▲ 4.9 percentage points
14.26
▲ 5.95

Money flows

no detail for 2025

Balance sheet

balance sheet total €197,767 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

92.9%

Higher than 92% of 22,044 companies in 2025.

14.26

Higher than 92% of 21,344 companies in 2025.

32.0%

Higher than 70% of 21,535 companies in 2025.

GrooveCode Middle half of the sector 80% of the sector Micro accounts in computer programming and consultancy (NACE 62)

Net result: top quarter · Equity: top quarter · Balance sheet total: middle half · Working capital: top quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202520242023
Balance sheet: assets
20/58 197,767136,89980,266
21/28 3,3663,778-
22/27 3,3663,778-
26 3,3663,778-
29/58 194,400133,12180,266
29 50,00050,000-
291 50,00050,000-
40/41 13,4629,67610,402
40 11,0588,84210,402
41 2,404834-
54/58 129,21870,70168,429
490/1 1,7202,7451,435
Balance sheet: equity and liabilities
10/49 197,767136,89980,266
10/15 183,816120,50660,136
10/11 2,0002,0002,000
13 181,816118,50658,136
133 181,816118,50658,136
17/49 13,95116,39320,130
42/48 13,63416,01520,130
44 5911,804370
440/4 5911,804370
45 13,04214,21118,456
450/3 9,15714,21118,456
454/9 3,885--
47/48 -01,305
492/3 317378-
Income statement
70 --140,218
76A --0
9900 79,61777,04581,975
60/61 --58,417
630 412338-
640/8 922727590
9901 78,28475,98081,385
75/76B 2,092899-
75 2,092899-
65/66B 8811,2401,234
65 8811,2401,234
9903 79,49575,63980,151
67/77 16,18515,26922,015
9904 63,31060,37058,136
9905 63,31060,37058,136
Appropriation of the result
9906 63,31060,37058,136
691/2 63,31060,37058,136
6921 63,31060,37058,136
Document PDFPDFPDF

The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 04-03-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 04-03-2026 2026-00048174 PDF
31-12-2024 micro format 15-07-2025 2025-00269118 PDF
31-12-2023 micro format 15-07-2024 2024-00243561 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202520242023
78,69576,318-
63,72260,708-
04,116-
58,5172,272-
180,767117,10660,136
--58.0%
92.9%88.0%74.9%
14.268.313.99
0.080.140.33
34.4%50.1%96.7%
32.0%44.1%72.4%
89.3361.55-
--27 days
--2 days

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item202520242023
Tangible fixed assets-€4,116-
€412€338-

Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)

Insights on GrooveCode

The operating result for 2025 is 3% higher than in 2024. It is a recovery after the fall in 2024.

Debt's share of the balance-sheet total falls from 12.0% to 7.1%. Equity is higher and debt is lower.

Board & ownership

Board

1 director, since incorporation
Director (not named in the articles)
since 12-01-2023 term without a fixed end
listed in the 2025 annual accounts, filed on 04-03-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“BESTUURSBEVOEGDHEID De enige bestuurder of elke bestuurder afzonderlijk zo er meerdere bestuurders zijn, is bevoegd om alle handelingen te…”
deed of 16-01-2023

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today

Director (not named in the articles)
Board
Mandates as a list
    • Director (not named in the articles), from 12-01-2023 to date

See the board, name and registered office on a given date →

Control

Founder
This company
GrooveCode
Equity €183,816
Profit €63,310 in 2025

Capital

Contribution
€2,000
Shares
100
Contribution per share
€20
Equity per share
€1,838 in 2025
Source
2025 annual accounts

Articles of association

deed of 16-01-2023 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Thursday of June at 11:00
Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one.
No statutory auditor
Dissolution ruleThe articles set when and by whom the company can be dissolved.
“Ontbinding, besluit algemene vergadering”
Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
“Algemene vergadering beslist goedkeuring rekeningen,kwijting vereffenaar(s) en commissaris,sluiting vereffening, ontbinding en vereffening…”

Shareholders

At incorporation deed of 16-01-2023 ↗
  • 100 shares (100%) · €1,000

Network & group

No group

GrooveCode has no parent and no holdings in its annual accounts. is the only director. GrooveCode shares no director with another company.

Timeline

Timeline

9 events since 2023

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed PDFmicro format · 149 days before the deadline
2025
Highest result from 2023 to 2025 net €63,310 ▲4.9% The net result of €63,310 is the highest of those years.
Equity above €150,000 equity €183,816 ▲52.5% With a profit in every financial year since 2023, equity grows to €183,816.
Annual accounts 2024 filed PDFmicro format · 16 days before the deadline
2024
Liquidity more than doubled current ratio 8.31 The current ratio rises from 3.99 to 8.31. Short-term debt falls from €20,130 to €16,015.
Equity above €100,000 equity €120,506 ▲100% With a profit in every financial year since 2023, equity grows to €120,506.
Annual accounts 2023 filed PDFmicro format · 16 days before the deadline
2023
IncorporationFounding capital of €1,000, 100 shares · Founder: · Appointment: (director) · published on 16-01-20234 points ▸
  • Registered office clause, Watertorenstraat 32, 2812 Muizen
  • Director appointment, (director (not named in the articles))
  • Founder,
  • Founding capital, €1,000, 100 shares
  • The deed holds 2 more points.

Open the deed in the Belgian Official Gazette

First establishment Watertorenstraat 32, Mechelen

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

GrooveCode was incorporated on 12 January 2023 as a private limited company by one natural person, with a starting capital of €1,000.12 Since 2023, has served as director.3 Total assets rose from €80,266 in 2023 to €197,767 in 2025.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 16-01-2023
  3. 3National Bank, annual accounts 2025
  4. 4National Bank, annual accounts 2023 and 2025

Company details

Identity

Enterprise number
0797.100.072
VAT number
BE 0797.100.072
Peppol ID
0208:0797100072
Legal form
Private limited company
Status
Active, normal situation
Founded
12-01-2023
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Thursday of June at 11:00
deed of 16-01-2023 (in Dutch)
Peppol
Reachable via PeppolFollow this company and you will hear the next morning if it leaves the Peppol register.
Name
GrooveCode in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 16-01-2023 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 16-01-2023 (in Dutch)

Activities

NACEBEL 2025
62200 Computer consultancy and computer facilities management main activity
62100 Computer programming
62900 Other information technology and computer services
71121 Engineering and related technical consultancy, excluding land surveyors
Codes under NACEBEL 2008
62020 IT consultancy main activity
62010 Computer programming, consultancy and related activities
62090 Computer programming, consultancy and related activities
PurposeThe purpose describes the activities the company may carry out under its articles.
“Het ontwerpen en programmeren van divers computerprogramma’s,voor zowel particulieren als ondernemingen alsook de opvolging van deze…”
13 activities
  1. Het ontwerpen en programmeren van divers computerprogramma’s,voor zowel particulieren als ondernemingen alsook de opvolging van deze programma’s en het up to date houden;
  2. Diverse computerconsultancy activiteiten;
  3. De activiteiten van ingenieurs en aanverwante technische adviseurs,exclusief landmeters;
  4. De installatie van diverse industriële machines,toestellen en werktuigen;
  5. Het verlenen van adviezen en richtsnoeren aan ondernemingen en de overheid op het gebied van planning,organisatie,efficiëntie en toezicht,informatie op het gebied van beheer;
  6. Het voorzien van een gans gamma aan dagelijkse kantoordienstverlening,zoals de financiële planning,de facturatie,de boekhouding bijhouden,activiteiten met betrekking tot personeelszaken,de behandeling van post,de logistiek,enzovoort,dit voor een vast bedrag of op contractbasis;
  7. Andere gespecialiseerde wetenschappelijke en technische activiteiten,alsook diverse dienstverleningen;
  8. Het vervaardigen en onderhouden,alsook installatie,van diverse elektronische onderdelen,computers en randapparatuur;
  9. Detailhandel in allerlei producten via het internet;
  10. Diverse gegevensverwerking,webhosting en aanverwante activiteiten;
  11. Het uitoefenen van uitvoerende kunsten door een zelfstandig werkende artiest;
  12. Het geven van diverse opleidingen op het gebied van computer,software,IT en op het gebied van muziek;
  13. De activiteiten van de grafische vormgeving.
deed of 16-01-2023 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Watertorenstraat 32 registered office 2812 Mechelen 12-01-2023 2.340.050.170

Buildings and parcels at the address

Ground area
224 m²
Buildings
64 m²
Volume, LiDAR
462 m³
Tallest building
9.6 m
Buildings to scale, each on its own parcel
64 m², 9.6 m 64 m², 9.6 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
12409D0084/00A002224 m² 1 · 64 m² 9.6 m · 2

We would like to set cookies. That happens only with your consent. What we measure