Equity
€18,600 from €62,233 in 2018
Equity fell by 70% in 7 years.
Opqode
Lifetime
12 annual accounts with figures on one time axispeak €77,105 (2025)
€77,105▲ 2.1%
lowest -€31,160 (2016)
€60,041▲ 2.8%
peak €62,233 (2018)
€18,600▼ 9.1%
€73,734▼ 35.2%
Board1 name since 2021
1 directorMachiels Brecht
Documentsfilings and deeds
24-02-2026157 days before the deadline
2025micro format
Dividend €61,901Debts from €113,826 to €73,734Cash from €121,021 to €77,291
Key points
from the 2025 annual accountsChecked score
93
Excellent
Financially stronger than 44% 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%● unchanged 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: 0.2%▲ +0.1 percentage points vs 05-2025highest value
07-2025: 0.2%● unchanged vs 06-2025highest value
08-2025: 0.2%● unchanged vs 07-2025highest value
09-2025: 0.2%● unchanged vs 08-2025highest value
10-2025: 0.2%● unchanged vs 09-2025highest value
11-2025: 0.2%● unchanged vs 10-2025highest value
12-2025: 0.2%● unchanged vs 11-2025highest value
01-2026: 0.1%▼ -0.1 percentage points vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: < 0.1%▼ -0.1 percentage points vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026lowest value
08-2026: < 0.1%● unchanged vs 07-2026lowest value
09-2026: < 0.1%● unchanged vs 08-2026lowest value
10-2026: < 0.1%● unchanged vs 09-2026lowest value
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Equity €18,600 (20.1% of total assets)
lowers risk
Liquidity: current ratio 1.25, cash €77,291
Sector: Computer programming, consultancy and related activities (NACE 62)
Size: total assets €92,334
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 22% of them on solvency, 39% on liquidity, 82% on profitability and 31% 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, 5,053 companies had the same profile as Opqode has now. Each dot stands for 13 companies, two years later.
95.9%
were still trading
2.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Opqode itself is lower: < 0.1% within 12 months. It rests on far more data about Opqode 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 5,053 companies, not a prediction for Opqode. 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 €1,500 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.25 (1.19 in 2024), below the usual 1.5. Short-term debt is 79.9% and cash 83.7% of total assets. 79.9% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
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 21% of 21208 sector peers (2025).
NBB · sector comparisonPosition among 21208 sector peers
Solvency
better than 21%
← 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 24-02-2026, 157 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
157 days early
2024
157 days early
2023
110 days early
2022
28 days early
2021
31 days early
2020
31 days early
2019
49 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 80 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 13 April (4 of the last 5 accounts filed within 78 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
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0554702715
Registered office moved within Kessel-lo
New registered office: Emiel Vlieberghlaan 12, 3010 Kessel-lo · Previous registered office: Eénmeilaan 5 bus 21, 3010 Kessel-lo · General meeting of 13-03-2024 · Gazette deed
Registered office moved from Genk to Leuven
New registered office: Eénmeilaan 5 bus 21, 3010 Leuven (Kessel-Lo) · Previous registered office: Pastoor Raeymaekersstraat 23 bus 1, 3600 Genk · Gazette deed
Incorporation
published on 03-07-2014 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Opqode Leuven | €92,334 | €77,105 | 20.1% | - |
| INTO OBJECTS Leuven | €87,472 | €75,396 | 21.3% | - |
| PINNEMOUCHE Beersel | €105,977 | €71,435 | 73.2% | - |
| DVO.NET Solutions Merchtem | €82,046 | €68,435 | 6.1% | - |
| ConSwitch Bruges | €94,918 | €75,992 | 21.7% | - |
| ID-IT Froidchapelle | €90,221 | €78,092 | 94.3% | - |
| DroidBender Houthalen-Helchteren | €82,085 | €72,522 | 22.7% | - |
These companies have the same main activity as Opqode: computer programming (NACE 62100). They are comparable in size and age: total assets between €82,000 and €106,000, founded between 2013 and 2015.
Official details
Source: KBO- Status
- Active since 13-06-2014Normal situation
- Activity
- Computer programmingNACE 62100and 4 others
- Establishment unit
- 2.232.477.1703010 Leuven, since 13-06-2014
- Financial year end
- 31 December
- Peppol
- Reachable since 14-11-2025
Annual accounts 2025
- ≈ €180,000estimated
- €92,334▼ 31.2%
- Filing
- Filed on 24-02-2026, 157 days before the end of the filing period
Insights on Opqode
Opqode files the micro format. That format states no turnover. The gross margin rose from €49,891 in 2014 to €77,105 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 Opqode
- What is the company number of Opqode?
- The company number of Opqode is 0554.702.715. The VAT number is the same number with BE in front: BE 0554.702.715.
- Where is Opqode based?
- The registered office is at Emiel Vlieberghlaan 12, 3010 Leuven.Company details
- What does Opqode do?
- According to the KBO register, the main activity is computer programming (NACE 62100).
- What is the legal form of Opqode?
- Opqode is a private limited company (BV).
- When was Opqode founded?
- Opqode was founded on 13-06-2014.
- Is Opqode still active?
- Yes, Opqode is an active enterprise in the KBO register.
- What is the turnover of Opqode?
- The turnover in financial year 2025 is ≈ €180,000. This figure is estimated from the gross margin of €77,105 and 41 comparable companies (NACE 62100). It probably lies between €150,000 and €230,000.Financials
- Is Opqode profitable?
- In financial year 2025, Opqode made a profit of €60,041.
- Where can I find the annual accounts of Opqode?
- Opqode filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Opqode due?
- Opqode must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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