HIGH CODE
ActiveHIGH CODE has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €21k and a net result of €32k. Equity is growing by ~18.5% per year across the filed fiscal years. Its solvency ranks better than 15% of 17022 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability87▲+3
Solvency35▼-65
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.09 against 9.21 in 2024; short-term debt: 90.3% and cash: 19% of total assets), and 90.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
Sector 62
lower
← 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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 17022 sector peers (2025).
NBB · sector comparisonPosition among 17022 sector peers
Solvency
better than 15%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 04-02-2026, 4 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filingsDeviation from the deadline
2025
4 d late
2024
11 d late
2023
5 d late
2022
24 d late
2021
25 d late
2020
25 d late
2019
28 d late
← before the deadline
after the deadline →
neutral · 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.
Companies Code · seven monthsPosition in the running window
30-06-2026 close21-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€21k▼ 87.4%
2024 · €170k
2019: €50k
2020: €87k
2021: €113k
2022: €103k
2023: €146k
2024: €170k
2019 → 2025
Total assets
€221k▲ 15.8%
2024 · €191k
2019: €83k
2020: €112k
2021: €144k
2022: €125k
2023: €172k
2024: €191k
2019 → 2025
Net result
€32k▲ 31.4%
2024 · €24k
2019: €43k
2020: €37k
2021: €26k
2022: €-9k
2023: €30k
2024: €24k
2019 → 2025
Working capital
€18k▼ 89.0%
2024 · €165k
2019: €49k
2020: €76k
2021: €101k
2022: €93k
2023: €140k
2024: €165k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€113k-€103k▼ 8.3%€146k▲ 41.3%€170k▲ 16.4%€21k▼ 87.4%
Operating result€36k-€-9k€39k€30k▼ 21.3%€37k▲ 23.1%
Net result€26k-€-9k€30k€24k▼ 20.6%€32k▲ 31.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 23% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €221k
Fixed assets
€3k▼ 44.1%
Current assets
€218k▲ 17.7%
Equity and liabilities €221k
Equity
€21k▼ 87.4%
Debt
€199k▲ 857%
The debt ratio rises from 10.9% to 90.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€40k▲
2024 · €33k
Cash flow
€34k▲
2024 · €27k
Solvency
9.7%▼
2024 · 89.1%
Current ratio
1.09▼
2024 · 9.21
Quick ratio
1.09▼
2024 · 9.21
Debt / equity
9.32▲
2024 · 0.12
ROE
147.3%▲
2024 · 14.1%
ROA
14.3%▲
2024 · 12.6%
Interest coverage
46.75▼
2024 · 62.01
Debt
€199k▲
2024 · €21k
Debt ≤ 1 year
€199k▲
2024 · €20k
Income taxes
€11k▲
2024 · €9k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€191k€221k▲
Fixed assets21/28€6k€3k▼
Tangible fixed assets22/27€6k€3k▼
Furniture and vehicles24€6k€3k▼
Current assets29/58€185k€218k▲
Amounts receivable after more than one year29€122k€122k=
Other amounts receivable291€122k€122k=
Amounts receivable within one year40/41€63k€53k▼
Trade receivables40€9k€3k▼
Other amounts receivable41€54k€51k▼
Cash at bank and in hand54/58-€42k
Equity and liabilities
Total equity and liabilities10/49€191k€221k▲
Equity10/15€170k€21k▼
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Profit (loss) carried forward14€149k€946▼
Amounts payable17/49€21k€199k▲
Amounts payable within one year42/48€20k€199k▲
Financial debts43€3k-
Credit institutions430/8€3k-
Trade debts44€7k€5k▼
Suppliers440/4€7k€5k▼
Taxes, remuneration and social security45€10k€14k▲
Taxes450/3€10k€14k▲
Other amounts payable47/48-€180k
Accrued charges and deferred income492/3€765-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▼
Other operating charges640/8€350€607▲
Gross operating margin9900€34k€41k▲
Operating profit (loss)9901€30k€37k▲
Financial income75/76B€4k€6k▲
Recurring financial income75€4k€6k▲
Financial charges65/66B€539€856▲
Recurring financial charges65€539€856▲
Profit (loss) for the period before taxes9903€33k€43k▲
Income taxes67/77€9k€11k▲
Profit (loss) for the period9904€24k€32k▲
Profit (loss) for the period to be appropriated9905€24k€32k▲
Appropriation of the result
Profit (loss) to be appropriated9906€149k€181k▲
Profit (loss) brought forward from the previous period14P€125k€149k▲
Profit to be distributed694/7-€180k
Return on contributions (dividend)694-€180k
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
04-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 4 days late
2025
11-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 11 days late
2024
30-06
Financial
Equity above €150kEq €170k ▲16.4%
2 profitable years in a row build equity to €170k.
05-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 5 days late
2023
30-06
Financial
Back to profitnet €30k
Net result €30k after one loss-making year.
24-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
30-06
Financial
Weakest financial yearnet €-9k ▼136%
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
25-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
30-06
Financial
Equity above €100kEq €113k ▲29.7%
3 profitable years in a row build equity to €113k.
25-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
28-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are 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, Liège · 1 establishment unit since 2018
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 Saint-Léonard 4904000 LiègeGround area
533 m²
Building footprint
353 m²
Volume, LiDAR
5,177 m³
Parcel 62810B0193/00Y000, Wallonia · tallest building 17.1 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
High Code SRL
since 20182.280.161.875
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62810B0193/00Y000 | Wallonia | 533 m² | 1 · 353 m² | 17.1 m · 5 fl. |
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
Yuda
BE 0737.509.905
Mechelen · Eq €21k
DONDERGOD
BE 0783.393.576
Gent · Eq €21k
R.I.C.'S
BE 0455.284.742
Soignies · Eq €21k
SPRINGBOARDUX
BE 0747.919.884
Antwerpen · Eq €21k
NAB AMG MULTISERVICES
BE 0728.570.364
Watermaal-Bosvoorde · Eq €21k
Of 30,000 companies in sector 62200 we hold annual accounts for 18,394. 13,257 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-07-2018
Fiscal year end30-06
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.