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OPCODES

Active
Private limited companyfounded 201115 yrs activeAarschotsesteenweg 279, 3111 Rotselaar, BelgiumKBO/BCE: BE 0832.696.597

OPCODES has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €445k and a net result of €121k. Equity is growing by ~11.2% per year across the filed fiscal years. Its solvency ranks better than 91% of 8647 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
98 / 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 17.8 against 25.03 in 2024; short-term debt: 5.6% and cash: 45.6% of total assets), and 5.6% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
94.4%
Return on assets
25.6%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 15 years 0 20 y
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 04-02-2026, 177 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
177 d early
2024
34 d early
2023
29 d early
2022
32 d early
2021
31 d early
2020
34 d early
2019
29 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity
€445k▲ 36.8%
2024 · €325k
2019: €228k 2020: €258k 2021: €243k 2022: €274k 2023: €349k 2024: €325k
2019 → 2025
Total assets
€472k▲ 39.2%
2024 · €339k
2019: €314k 2020: €328k 2021: €304k 2022: €328k 2023: €361k 2024: €339k
2019 → 2025
Net result
€121k▼ 12.2%
2024 · €137k
2019: €21k 2020: €30k 2021: €31k 2022: €32k 2023: €76k 2024: €137k
2019 → 2025
Working capital
€443k▲ 37.8%
2024 · €321k
2019: €218k 2020: €250k 2021: €237k 2022: €268k 2023: €343k 2024: €321k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€243k-€274k▲ 13.0%€349k▲ 27.3%€325k▼ 6.8%€445k▲ 36.8%
Operating result€41k-€40k▼ 3.2%€102k▲ 153%€151k▲ 48.3%€168k▲ 11.2%
Net result€31k-€32k▲ 3.2%€76k▲ 135%€137k▲ 81.3%€121k▼ 12.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100k€150kOperating result 2021: €41k€41kNet result 2021: €31k€31kOperating result 2022: €40k€40kNet result 2022: €32k€32kOperating result 2023: €102k€102kNet result 2023: €76k€76kOperating result 2024: €151k€151kNet result 2024: €137k€137kOperating result 2025: €168k€168kNet result 2025: €121k€121k20212022202320242025
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 11% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €472k
Fixed assets €2k▼ 39.7%
Current assets €469k▲ 40.2%
Equity and liabilities €472k
Equity €445k▲ 36.8%
Debt €26k▲ 97.2%
The debt ratio rises from 3.9% to 5.6%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€169k
2024 · €153k
Cash flow
€122k
2024 · €140k
Solvency
94.4%
2024 · 96.1%
Current ratio
17.80
2024 · 25.03
Quick ratio
17.80
2024 · 25.03
Debt / equity
0.06
2024 · 0.04
ROE
27.1%
2024 · 42.2%
ROA
25.6%
2024 · 40.6%
Interest coverage
1541.99
2024 · 525.53
Debt
€26k
2024 · €13k
Debt ≤ 1 year
€26k
2024 · €13k
Income taxes
€50k
2024 · €48k
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€339k€472k
Fixed assets21/28€4k€2k
Tangible fixed assets22/27€4k€2k
Plant, machinery and equipment23€2k€970
Other tangible fixed assets26€2k€2k
Current assets29/58€335k€469k
Amounts receivable within one year40/41€23k€26k
Trade receivables40€23k€26k
Current investments50/53€180k€226k
Cash at bank and in hand54/58€130k€215k
Deferred charges and accrued income490/1€2k€2k
Equity and liabilities
Total equity and liabilities10/49€339k€472k
Equity10/15€325k€445k
Reserves13€325k€445k
Distributable reserves133€325k€445k
Amounts payable17/49€13k€26k
Amounts payable within one year42/48€13k€26k
Trade debts44€219€1k
Suppliers440/4€219€1k
Taxes, remuneration and social security45€12k€24k
Taxes450/3€7k€17k
Remuneration and social security454/9€4k€7k
Other amounts payable47/48€2k€1k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k
Other operating charges640/8€804€827
Gross operating margin9900€154k€170k
Operating profit (loss)9901€151k€168k
Financial income75/76B€35k€3k
Recurring financial income75€35k€3k
Financial charges65/66B€292€110
Recurring financial charges65€292€110
Profit (loss) for the period before taxes9903€186k€171k
Income taxes67/77€48k€50k
Profit (loss) for the period9904€137k€121k
Profit (loss) for the period to be appropriated9905€137k€121k
Appropriation of the result
Profit (loss) to be appropriated9906€137k€121k
Transfer from equity791/2€149k-
Transfer to equity691/2€137k€120k
To other reserves6921€137k€120k
Profit to be distributed694/7€149k€833
Return on contributions (dividend)694€149k€833

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
04-02
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
27-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Highest result since 2019net €137k ▲81.3%
Net result €137k, the highest in the series.
02-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Liquidity times 5current ratio 31.35
Current ratio from 6.03 to 31.35; short-term debt falls from €53k to €11k.
2022
30-12
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2021
31-12
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2020
28-12
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
02-01
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2018
31-12
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2017
29-12
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
12-01
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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, Rotselaar · 1 establishment unit since 2011
establishment approximate The establishment unit on the map
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.

Aarschotsesteenweg 2793111 Rotselaar
Ground area
2,045 m²
Building footprint
132 m²
Volume, LiDAR
763 m³
2 parcels, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Opcodes BVBA
Aarschotsesteenweg 279, 3110 RotselaarWholesale trade
since 20112.195.362.594
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24123B0013/00M002 Flanders 1,461 m² 1 · 131 m² 9.0 m · 2 fl.
24094C0780/00B000indicative Flanders 584 m² - -
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Legal Entity Identifier

9845005B2FC50FD7A078
live in the LEI register

Similar companies · same sector, comparable size

Of 82,570 companies in sector 70200 we hold annual accounts for 52,573. 35,549 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded12-01-2011
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
47400Retail sale of information and communication equipment
47410Retail trade
62010Computer programming, consultancy and related activities
62020IT consultancy
62100Computer programming
62200Computer consultancy and computer facilities management
63920Other information service activities
63990Computing infrastructure, data processing, hosting and other information service activities
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.