INDICODE
ActiveINDICODE has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €61k and a net result of €32k. Equity is growing by ~15.3% per year across the filed fiscal years. Its solvency ranks better than 77% of 20785 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
94
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency100▲+33
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 5.52 against 1.6 in 2023; short-term debt: 17.5% and cash: 62% of total assets), and 17.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-07-2025, 5 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
5 d early
2023
26 d early
2022
4 d early
2021
8 d early
2019
33 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€61k▲ 111%
2023 · €29k
2019: €12k
2021: €76k
2022: €27k
2023: €29k
2019 → 2024
Total assets
€74k▲ 8.1%
2023 · €68k
2019: €22k
2021: €122k
2022: €120k
2023: €68k
2019 → 2024
Net result
€32k▼ 0.9%
2023 · €32k
2019: €11k
2021: €27k
2022: €30k
2023: €32k
2019 → 2024
Working capital
€58k▲ 148%
2023 · €24k
2019: €11k
2021: €75k
2022: €20k
2023: €24k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192021202220232024Trend
Equity€12k-€76k▲ 516%€27k▼ 65.2%€29k▲ 9.1%€61k▲ 111%
Operating result€14k-€38k▲ 173%€37k▼ 3.3%€42k▲ 13.7%€41k▼ 1.7%
Net result€11k-€27k▲ 153%€30k▲ 12.3%€32k▲ 6.9%€32k▼ 0.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 2% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €74k
Fixed assets
€3k▼ 51.0%
Current assets
€71k▲ 13.2%
Equity and liabilities €74k
Equity
€61k▲ 111%
Debt
€13k▼ 67.3%
The debt ratio falls from 57.7% to 17.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€44k▼
2023 · €45k
Cash flow
€36k▼
2023 · €36k
Solvency
82.5%▲
2023 · 42.3%
Current ratio
5.52▲
2023 · 1.60
Quick ratio
5.52▲
2023 · 1.60
Debt / equity
0.21▼
2023 · 1.37
ROE
52.6%▼
2023 · 112.0%
ROA
43.4%▼
2023 · 47.4%
Interest coverage
2209710.50▲
2023 · 1267.19
Debt
€13k▼
2023 · €39k
Debt ≤ 1 year
€13k▼
2023 · €39k
Income taxes
€9k▼
2023 · €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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€68k€74k▲
Fixed assets21/28€5k€3k▼
Tangible fixed assets22/27€5k€3k▼
Plant, machinery and equipment23€2k€549▼
Furniture and vehicles24€3k€2k▼
Financial fixed assets28€445-
Current assets29/58€63k€71k▲
Amounts receivable within one year40/41€21k€22k▲
Trade receivables40€18k€18k▲
Other amounts receivable41€3k€4k▲
Cash at bank and in hand54/58€40k€46k▲
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€68k€74k▲
Equity10/15€29k€61k▲
Contributions10/11€3k€3k=
Reserves13€26k€59k▲
Distributable reserves133€26k€59k▲
Amounts payable17/49€39k€13k▼
Amounts payable within one year42/48€39k€13k▼
Trade debts44€878€3k▲
Suppliers440/4€878€3k▲
Taxes, remuneration and social security45€8k€9k▲
Taxes450/3€6k€7k▲
Remuneration and social security454/9€2k€2k▲
Other amounts payable47/48€30k-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▲
Other operating charges640/8€494€1k▲
Gross operating margin9900€45k€45k▲
Operating profit (loss)9901€42k€41k▼
Financial income75/76B-€50
Recurring financial income75-€50
Financial charges65/66B€35€0▼
Recurring financial charges65€35€0▼
Profit (loss) for the period before taxes9903€42k€41k▼
Income taxes67/77€9k€9k▼
Profit (loss) for the period9904€32k€32k▼
Profit (loss) for the period to be appropriated9905€32k€32k▼
Appropriation of the result
Profit (loss) to be appropriated9906€32k€32k▼
Transfer to equity691/2€2k€32k▲
To other reserves6921€2k€32k▲
Profit to be distributed694/7€30k-
Return on contributions (dividend)694€30k-
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity triplescurrent ratio 5.52
Current ratio from 1.60 to 5.52; short-term debt falls from €39k to €13k.
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2019net €32k ▲6.9%
Operating result €42k, net result €32k, both a record.
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
23-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
28-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Wijnegem · 1 establishment unit since 2019
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.
Krommelei 602110 WijnegemGround area
599 m²
Building footprint
112 m²
Volume, LiDAR
627 m³
Parcel 11050B0042/00N000, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
INDICODE
since 20192.289.919.778
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11050B0042/00N000 | Flanders | 599 m² | 1 · 112 m² | 9.5 m · 2 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
SMART CONCEPT
BE 0451.351.391
Vorst · Eq €61k
@TUNE
BE 0887.344.419
Steenokkerzeel · Eq €61k
PandaPanda
BE 0778.452.516
Antwerpen · Eq €61k
IFL Studio
BE 0797.079.286
Chastre · Eq €61k
krisc-informatica
BE 0732.676.434
Bocholt · Eq €61k
Of 16,887 companies in sector 62100 we hold annual accounts for 8,777. 6,904 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-05-2019
Fiscal year end31-12
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62100Computer programming
31001Manufacture of furniture
31002Manufacture of furniture
31003Manufacture of furniture
31004Manufacture of dining room, living room, bedroom and bathroom furniture
31009Manufacture of furniture
62030Computer programming, consultancy and related activities
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
63120Computing infrastructure, data processing, hosting and other information service activities
63910Web portal activities
63920Other information service activities
63990Computing infrastructure, data processing, hosting and other information service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:KEVINDEC@GMAIL.com