Equity
€104,553 ▼ 61.1%
PUZZLES paid out €69,000 in dividends in a year with a loss of €94,954.
PUZZLES
Lifetime
13 annual accounts with figures on one time axispeak €198,933 (2024)
-€55,952▼ €254,885
lowest -€94,954 (2025)
-€94,954▼ €198,421
peak €268,508 (2024)
€104,553▼ 61.1%
€192,762▼ 32.1%
Board2 names since 2013
1 director
Documentsfilings and deeds
08-07-202623 days before the deadline
2025micro format
Gross margin from €198,933 to -€55,952Loss of €94,954Resignation: (director) 07-07Dividend €69,000Equity from €268,508 to €104,553Debts from €283,727 to €192,762
Key points
from the 2025 annual accountsResult
-€94,954 -€94,954
From profit to loss in 2025, after a profit of €103,467 in 2024.
Position in the sector
-€94,954
Lower net result than 95% of companies in computer programming and consultancy. Sector median €28,568 · 21,223 companies.
Turnover not published (micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 4,805 companies had the same profile as PUZZLES has now. Each dot stands for 13 companies, two years later.
88.1%
were still trading
9.8%
stopped another way
2.0%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,448 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 4,805 companies, not a prediction for PUZZLES. 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
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0508987803
Resignation: (director)
General meeting of 12-05-2025 · Gazette deed
Appointment: (director)
“De creatie, productie, promotie, verspreiding en verwezenlijking onder welke vorm ook van culturele en…” (deed in Dutch) · General meeting of 07-06-2024 · Gazette deed
Change of role: , from manager to director
General meeting of 22-09-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PUZZLES Sint-Genesius-Rode | €297,315 | -€55,952 | 35.2% | - |
| Teasio Marche-en-Famenne | €287,476 | -€38,969 | -234.9% | - |
| ALDDOW Tournai | €258,753 | -€5,358 | -8.8% | - |
| TheMatchBox Antwerp | €329,414 | -€114,962 | -63.0% | 3.8 |
| GEMA Benelux Machelen (Brab.) | €279,692 | -€5,135 | 97.6% | - |
| dewIT CONSULTING Merchtem | €329,715 | -€33,782 | 61.1% | - |
| Cyqax.com Landen | €380,909 | -€3,054 | 92.2% | - |
These companies have the same main activity as PUZZLES: computer programming (NACE 62100). They are comparable in size and age: total assets between €259,000 and €381,000, founded between 2012 and 2016.
Official details
Source: KBO- Status
- Active since 08-01-2013Normal situation
- Activity
- Computer programmingNACE 62100and 3 others
- Establishment unit
- 2.215.434.6661640 Sint-Genesius-Rode, since 08-01-2013
- Financial year end
- 31 December
- Peppol
- Reachable since 03-12-2025
Annual accounts 2025
- €297,315▼ 46.2%
- Filing
- Filed on 08-07-2026, 23 days before the end of the filing period
Insights on PUZZLES
PUZZLES files the micro format. That format states no turnover. The gross margin fell from €73,699 in 2013 to -€55,952 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 PUZZLES
- What is the company number of PUZZLES?
- The company number of PUZZLES is 0508.987.803. The VAT number is the same number with BE in front: BE 0508.987.803.
- Where is PUZZLES based?
- The registered office is at Karel-Grauxlaan 4, 1640 Sint-Genesius-Rode.Company details
- What does PUZZLES do?
- According to the KBO register, the main activity is computer programming (NACE 62100).
- What is the legal form of PUZZLES?
- PUZZLES is a private limited company (BV).
- When was PUZZLES founded?
- PUZZLES was founded on 08-01-2013.
- Is PUZZLES still active?
- Yes, PUZZLES is an active enterprise in the KBO register.
- What is the turnover of PUZZLES?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is PUZZLES profitable?
- In financial year 2025, PUZZLES made a loss of €94,954.
- Where can I find the annual accounts of PUZZLES?
- PUZZLES filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PUZZLES due?
- PUZZLES must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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