Equity
€142,035 ▲ 75.6%
Equity rose in 2025 from €80,886 to €142,035.
KeDa Code
Lifetime
3 annual accounts with figures on one time axispeak €88,499 (2025)
€88,499▲ 1.1%
peak €61,149 (2025)
€61,149▲ 14.1%
peak €142,035 (2025)
€142,035▲ 75.6%
€39,363▼ 24.1%
Board1 name since 2023
1 directorKERKHOFS Daan
Documentsfilings and deeds
02-06-202659 days before the deadline
2025micro format
Equity from €80,886 to €142,035Debts from €51,892 to €39,363Cash from €31,572 to €102,379
Key points
from the 2025 annual accountsChecked score
98
Excellent
Financially stronger than 85% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% 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).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: 0.1%▲ +0.1 percentage points vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: < 0.1%▼ -0.1 percentage points vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026lowest value
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: 0.1%▲ +0.1 percentage points vs 05-2026highest value
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
1 change of registered office in 24 months
lowers risk
Liquidity: current ratio 5.48, cash €102,379
Sector: Computer programming, consultancy and related activities (NACE 62)
Equity €142,035 (78.3% of total assets)
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 85% of them on solvency, 87% on liquidity, 82% on profitability and 86% on growth.
The bankruptcy probability was computed on 08-11-2026 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, 39,278 companies had the same profile as KeDa Code has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of KeDa Code itself is lower: 0.1% within 12 months. It rests on far more data about KeDa Code 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 39,278 companies, not a prediction for KeDa Code. 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 of up to €13,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 5.48 (3.49 in 2024), above the usual 1.5. Short-term debt is 15.3% and cash 56.4% of total assets. 21.7% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 02-06-2026, 59 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
59 days early
2024
59 days early
2023
58 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 59 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 2 June (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered office moved from Leuven to Waanrode
New registered office: Oude Diestsestraat 11A, 3473 Waanrode · Previous registered office: Schmaesveldstraat 2/102, 3012 Leuven · Gazette deed
First establishment
Oude Diestsestraat 11, Kortenaken
Incorporation
Founding capital of €5,000, 50 shares · Founder: KERKHOFS Daan · Appointment: KERKHOFS Daan (director) · published on 23-06-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| KeDa Code Kortenaken | €181,399 | €88,499 | 78.3% | - |
| INFRAMASTERS Leuven | €168,836 | €85,491 | 84.7% | - |
| Surarena Asse | €175,284 | €80,341 | 78.4% | - |
| ADAMAT Kampenhout | €200,300 | €86,001 | 73.3% | - |
| Time Savior Machelen (Brab.) | €192,354 | €78,567 | 86.4% | - |
| MAYO SOFTWARE Tervuren | €179,060 | €76,910 | 72.8% | - |
| Ulixes Consulting Dilbeek | €196,267 | €77,973 | 6.0% | - |
These companies have the same main activity as KeDa Code: computer programming (NACE 62100). They are comparable in size and age: total assets between €169,000 and €200,000, founded between 2022 and 2023.
Official details
Source: KBO- Status
- Active since 21-06-2023Normal situation
- Activity
- Computer programmingNACE 62100and 2 others
- Establishment unit
- 2.346.597.5713473 Kortenaken, since 01-07-2023
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- €181,399▲ 36.6%
- Filing
- Filed on 02-06-2026, 59 days before the end of the filing period
Insights on KeDa Code
KeDa Code files the micro format. That format states no turnover. The gross margin rose from €37,172 in 2023 to €88,499 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 KeDa Code
- What is the company number of KeDa Code?
- The company number of KeDa Code is 0802.981.341. The VAT number is the same number with BE in front: BE 0802.981.341.
- Where is KeDa Code based?
- The registered office is at Oude Diestsestraat 11, 3473 Kortenaken.Company details
- What does KeDa Code do?
- According to the KBO register, the main activity is computer programming (NACE 62100).
- What is the legal form of KeDa Code?
- KeDa Code is a private limited company (BV).
- When was KeDa Code founded?
- KeDa Code was founded on 21-06-2023.
- Is KeDa Code still active?
- Yes, KeDa Code is an active enterprise in the KBO register.
- What is the turnover of KeDa Code?
- The turnover in financial year 2025 is ≈ €210,000. This figure is estimated from the gross margin of €88,499 and 41 comparable companies (NACE 62100). It probably lies between €170,000 and €260,000.Financials
- Is KeDa Code profitable?
- In financial year 2025, KeDa Code made a profit of €61,149.
- Where can I find the annual accounts of KeDa Code?
- KeDa Code filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of KeDa Code due?
- KeDa Code must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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