Equity
-€15,383
Debts exceed assets in financial year 2025.
Intrace
Lifetime
3 annual accounts with figures on one time axispeak €19,866 (2025)
€19,866▲ €27,246
lowest -€18,009 (2024)
€4,567▲ €22,575
peak -€7,941 (2023)
-€15,383▲ €10,567
€111,664▲ 122%
Board2 names since 2023
2 directorsANCIAUX Frederic Gerda Elisabeth and 1 other
Documentsfilings and deeds
28-07-20263 days before the deadline
2025micro format
Gross margin from -€7,379 to €19,866Back to profit: €4,567Company renamed from Code Bites to INTRACE 06-11Equity from -€25,949 to -€15,383Debts from €50,389 to €111,664Investments €52,335
Key points
from the 2025 annual accountsTurnover
≈ €110,000 estimated
The micro format states no turnover.
Debts
€111,664 116% of the balance sheet
Financial debts 34%Suppliers 4%Taxes and wages 4%Other 57%
Of this, €73,654 falls due within a year.
Investments
€52,335 4.4 × depreciation
Green is investment, beige is depreciation.
Liquidity
0.45 was 0.03 in 2024
Short-term debts rose from €50,389 to €73,654.
Position in the sector
-€15,383
Less equity than 95% of companies in computer programming and consultancy. Sector median €69,072 · 21,214 companies.
Checked score
54
Fair
Financially stronger than 34% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.6%
01-2025: 0.6%● unchanged vs 12-2024
02-2025: 0.6%● unchanged vs 01-2025
03-2025: 0.6%● unchanged vs 02-2025
04-2025: 0.6%● unchanged vs 03-2025
05-2025: 0.7%▲ +0.1 percentage points vs 04-2025
06-2025: 0.7%● unchanged vs 05-2025
07-2025: 0.8%▲ +0.1 percentage points vs 06-2025highest value
08-2025: 0.6%▼ -0.2 percentage points vs 07-2025
09-2025: 0.6%● unchanged vs 08-2025
10-2025: 0.6%● unchanged vs 09-2025
11-2025: 0.6%● unchanged vs 10-2025
12-2025: 0.6%● unchanged vs 11-2025
01-2026: 0.6%● unchanged vs 12-2025
02-2026: 0.6%● unchanged vs 01-2026
03-2026: 0.6%● unchanged vs 02-2026
04-2026: 0.6%● unchanged vs 03-2026
05-2026: 0.6%● unchanged vs 04-2026
06-2026: 0.6%● unchanged vs 05-2026
07-2026: 0.6%● unchanged vs 06-2026
08-2026: 0.2%▼ -0.4 percentage points vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026lowest value
11-2026: 0.2%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
Capped at 59: negative equity
Negative equity -€15,383
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Size: total assets €96,281
Liquidity: current ratio 0.45, cash €29,367
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro). It does better than 7% of them on solvency, 22% on liquidity, 33% on profitability and 76% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 516 companies had the same profile as Intrace has now. Each dot stands for 2 companies, two years later.
91.9%
were still trading
2.5%
stopped another way
4.5%
went bankrupt
Another 1.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Intrace itself is lower: 0.2% within 12 months. It rests on far more data about Intrace than the profile alone.
Test of the method
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 516 companies, not a prediction for Intrace. 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
No credit on open account
Liquidity is insufficient, with a current ratio of 0.45 (0.03 in 2024), below 1. Short-term debt is 76.5% and cash 30.5% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 7% of 21208 sector peers (2025).
NBB · sector comparisonPosition among 21208 sector peers
Solvency
better than 7%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-07-2026, 3 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
3 days early
2024
30 days early
2023
64 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 32 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 1 July (3 of the last 3 accounts filed within 33 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- ANCIAUX Frederic Gerda Elisabeth 97 sharesdeed of 12-04-2023
- DEWIJNGAERT Katrien 23 sharesdeed of 12-04-2023
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0800557034
Company renamed from Code Bites to INTRACE
Capital increase of €6,000 to €12,000 · Capital from €6,000 to €12,000, 120 new shares · Appointment: Katrien Dewijngaert (director) · General meeting of 29-10-2025 · Gazette deed
Incorporation
Founding capital of €6,000, 120 shares · Founders: ANCIAUX Frederic Gerda Elisabeth and DEWIJNGAERT Katrien · Appointment: ANCIAUX Frederic Gerda Elisabeth (director) · published on 12-04-2023 · Gazette deed
First establishment
Code Bites, Queneau 18D, Flobecq
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Intrace Flobecq | €96,281 | €19,866 | -16.0% | - |
| LiveCrew Holding Charleroi | €92,633 | €18,281 | -111.7% | - |
| Calathea Geraardsbergen | €102,027 | €20,305 | 36.2% | - |
| Verbes Izegem | €96,344 | €18,867 | 76.3% | - |
| 58North Opwijk | €93,501 | €18,128 | 48.9% | - |
| Maya Consulting Ghent | €106,647 | €18,675 | 69.3% | - |
| T-Advisor Aalst | €106,377 | €21,809 | 60.6% | - |
These companies have the same main activity as Intrace: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €92,600 and €107,000, founded between 2022 and 2023.
Official details
Source: KBO- Status
- Active since 07-04-2023Normal situation
- Activity
- Computer consultancy and computer facilities managementNACE 62200and 1 other
- Establishment unit
- 2.344.459.2177880 Flobecq, since 07-04-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 12-12-2025
Annual accounts 2025
- €96,281▲ 294%
- Filing
- Filed on 28-07-2026, 3 days before the end of the filing period
Insights on Intrace
Intrace files the micro format. That format states no turnover. The gross margin rose from -€2,253 in 2023 to €19,866 in 2025.
The balance sheet grew most in 2025 through fixed assets.
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 Intrace
- What is the company number of Intrace?
- The company number of Intrace is 0800.557.034. The VAT number is the same number with BE in front: BE 0800.557.034.
- Where is Intrace based?
- The registered office is at Queneau 18D, 7880 Flobecq.Company details
- What does Intrace do?
- According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
- What is the legal form of Intrace?
- Intrace is a private limited company (BV).
- When was Intrace founded?
- Intrace was founded on 07-04-2023.
- Is Intrace still active?
- Yes, Intrace is an active enterprise in the KBO register.
- What is the turnover of Intrace?
- The turnover in financial year 2025 is ≈ €110,000. This figure is estimated from the gross margin of €19,866 and 73 comparable companies (NACE 62200). It probably lies between €51,000 and €210,000. It is a rough estimate.Financials
- Is Intrace profitable?
- In financial year 2025, Intrace made a profit of €4,567.
- Where can I find the annual accounts of Intrace?
- Intrace filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Intrace due?
- Intrace must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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