Sharpcode
ActiveSummary
Sharpcode has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €26k and a net result of €43k. Equity is shrinking by ~7.2% per year across the filed fiscal years. Its solvency ranks better than 24% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+2
Solvency50▼-47
Growth58=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity tight (current ratio 1.15 against 2.9 in 2024; short-term debt: 75.4% and cash: 52.7% of total assets), and 75.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← 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 2025Solvency, return and age of the figures
Solvency
24.6%
Return on assets
41.4%
Age of the figures
12 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 17090 sector peers (2025).
NBB · sector comparisonPosition among 17090 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-03-2026, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
32 d early
2024
7 d early
2023
19 d early
2022
19 d early
2021
46 d early
2020
46 d early
2019
44 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€26k▼ 55.4%
2024 · €57k
2018: €71k
2019: €77k▲ +9.6% vs 2018
2020: €78k▲ +0.2% vs 2019
2021: €78k▲ +0.1% vs 2020highest in 8 years
2022: €66k▼ -14.9% vs 2021
2023: €57k▼ -13.1% vs 2022
2024: €57k▲ +0.3% vs 2023
2025: €26k▼ -55.4% vs 2024lowest in 8 years
2018 → 2025
Total assets
€104k▲ 30.6%
2024 · €80k
2018: €93k
2019: €118k▲ +26.6% vs 2018highest in 8 years
2020: €93k▼ -20.9% vs 2019
2021: €108k▲ +15.7% vs 2020
2022: €95k▼ -11.8% vs 2021
2023: €93k▼ -1.7% vs 2022
2024: €80k▼ -14.6% vs 2023lowest in 8 years
2025: €104k▲ +30.6% vs 2024
2018 → 2025
Net result
€43k▲ 127%
2024 · €19k
2018: €9klowest in 8 years
2019: €26k▲ +191% vs 2018
2020: €9k▼ -64.6% vs 2019
2021: €23k▲ +152% vs 2020
2022: €25k▲ +7.8% vs 2021
2023: €34k▲ +38.4% vs 2022
2024: €19k▼ -44.8% vs 2023
2025: €43k▲ +127% vs 2024highest in 8 years
2018 → 2025
Working capital
€12k▼ 72.0%
2024 · €42k
2018: €81khighest in 8 years
2019: €76k▼ -5.4% vs 2018
2020: €58k▼ -23.8% vs 2019
2021: €49k▼ -15.0% vs 2020
2022: €37k▼ -24.3% vs 2021
2023: €35k▼ -6.5% vs 2022
2024: €42k▲ +21.3% vs 2023
2025: €12k▼ -72.0% vs 2024lowest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€78k-€66k▼ 14.9%€57k▼ 13.1%€57k▲ 0.3%€26k▼ 55.4%
2021: €78khighest in 5 years
2022: €66k▼ -14.9% vs 2021
2023: €57k▼ -13.1% vs 2022
2024: €57k▲ +0.3% vs 2023
2025: €26k▼ -55.4% vs 2024lowest in 5 years
Operating result€27k-€32k▲ 15.6%€43k▲ 36.9%€24k▼ 45.8%€54k▲ 128%
2021: €27k
2022: €32k▲ +15.6% vs 2021
2023: €43k▲ +36.9% vs 2022
2024: €24k▼ -45.8% vs 2023lowest in 5 years
2025: €54k▲ +128% vs 2024highest in 5 years
Net result€23k-€25k▲ 7.8%€34k▲ 38.4%€19k▼ 44.8%€43k▲ 127%
2021: €23k
2022: €25k▲ +7.8% vs 2021
2023: €34k▲ +38.4% vs 2022
2024: €19k▼ -44.8% vs 2023lowest in 5 years
2025: €43k▲ +127% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 128% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €104k
Fixed assets
€14k ▼ 8.8%
Current assets
€91k ▲ 39.8%
Equity and liabilities €104k
Equity
€26k ▼ 55.4%
Debt
€79k ▲ 252%
Debt's share of the balance-sheet total rises from 28.0% to 75.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€61k▲
2024 · €32k
Cash flow
€50k▲
2024 · €28k
Current ratio
1.15▼
2024 · 2.90
Debt to equity
3.07▲
2024 · 0.39
ROE
168.3%▲
2024 · 33.0%
ROA
41.4%▲
2024 · 23.8%
Interest coverage
720.40▲
2024 · 285.50
Debt ≤ 1 year
€79k▲
2024 · €22k
Income taxes
€11k▲
2024 · €5k
Staff costs
€515
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€80k€104k▲
Fixed assets21/28€15k€14k▼
Tangible fixed assets22/27€15k€14k▼
Land and buildings22€5k€4k▼
Plant, machinery and equipment23€2k€3k▲
Furniture and vehicles24€368€2k▲
Other tangible fixed assets26€7k€4k▼
Current assets29/58€65k€91k▲
Amounts receivable within one year40/41€19k€24k▲
Trade receivables40€15k€24k▲
Other amounts receivable41€4k-
Current investments50/53€15k€10k▼
Cash at bank and in hand54/58€31k€55k▲
Deferred charges and accrued income490/1€387€1k▲
Equity and liabilities
Total equity and liabilities10/49€80k€104k▲
Equity10/15€57k€26k▼
Contributions10/11€19k€19k=
Reserves13€39k€7k▼
Tax-exempt reserves132€7k€7k=
Distributable reserves133€32k€42▼
Amounts payable17/49€22k€79k▲
Amounts payable within one year42/48€22k€79k▲
Trade debts44€1k€1k▼
Suppliers440/4€1k€1k▼
Taxes, remuneration and social security45€5k€7k▲
Taxes450/3€5k€7k▲
Other amounts payable47/48€17k€71k▲
Income statement
Code20242025
Remuneration, social security and pensions62-€515
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€7k▼
Other operating charges640/8€502€507▲
Gross operating margin9900€33k€62k▲
Operating profit (loss)9901€24k€54k▲
Financial income75/76B€564€589▲
Recurring financial income75€564€589▲
Financial charges65/66B€114€84▼
Recurring financial charges65€114€84▼
Profit (loss) for the period before taxes9903€24k€54k▲
Income taxes67/77€5k€11k▲
Profit (loss) for the period9904€19k€43k▲
Profit (loss) for the period to be appropriated9905€19k€43k▲
Appropriation of the result
Profit (loss) to be appropriated9906€19k€43k▲
Transfer from equity791/2-€27k
Transfer to equity691/2€151-
To other reserves6921€151-
Profit to be distributed694/7€19k€70k▲
Return on contributions (dividend)694€19k€70k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | - | €515 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6k | €9k | €10k | €9k | €7k | ▼ 23.4% |
| Other operating charges640/8 | - | €5k | €457 | €502 | €507 | ▲ 1.0% |
| Gross operating margin9900 | €34k | €46k | €54k | €33k | €62k | ▲ 86.7% |
| Operating profit (loss)9901 | €27k | €32k | €43k | €24k | €54k | ▲ 128% |
| Financial income75/76B | - | €508 | €508 | €564 | €589 | ▲ 4.4% |
| Recurring financial income75 | €508 | €508 | €508 | €564 | €589 | ▲ 4.4% |
| Financial charges65/66B | - | €77 | €80 | €114 | €84 | ▼ 26.1% |
| Recurring financial charges65 | €68 | €77 | €80 | €114 | €84 | ▼ 26.1% |
| Profit (loss) for the period before taxes9903 | €28k | €32k | €44k | €24k | €54k | ▲ 126% |
| Income taxes67/77 | €5k | €7k | €9k | €5k | €11k | ▲ 122% |
| Profit (loss) for the period9904 | €23k | €25k | €34k | €19k | €43k | ▲ 127% |
| Profit (loss) for the period to be appropriated9905 | €23k | €25k | €34k | €19k | €43k | ▲ 127% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €108k | €95k | €93k | €80k | €104k | ▲ 30.6% |
| Fixed assets21/28 | €28k | €29k | €22k | €15k | €14k | ▼ 8.8% |
| Tangible fixed assets22/27 | €28k | €29k | €22k | €15k | €14k | ▼ 8.8% |
| Land and buildings22 | - | €8k | €6k | €5k | €4k | ▼ 12.4% |
| Plant, machinery and equipment23 | - | €5k | €5k | €2k | €3k | ▲ 23.6% |
| Furniture and vehicles24 | - | €1k | €1k | €368 | €2k | ▲ 391% |
| Other tangible fixed assets26 | - | €14k | €11k | €7k | €4k | ▼ 38.4% |
| Current assets29/58 | €80k | €66k | €71k | €65k | €91k | ▲ 39.8% |
| Amounts receivable within one year40/41 | €29k | €24k | €24k | €19k | €24k | ▲ 30.8% |
| Trade receivables40 | - | €24k | €24k | €15k | €24k | ▲ 66.6% |
| Other amounts receivable41 | - | - | - | €4k | - | - |
| Current investments50/53 | €15k | €15k | €15k | €15k | €10k | ▼ 33.3% |
| Cash at bank and in hand54/58 | €36k | €28k | €32k | €31k | €55k | ▲ 79.2% |
| Deferred charges and accrued income490/1 | - | €109 | €109 | €387 | €1k | ▲ 196% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €108k | €95k | €93k | €80k | €104k | ▲ 30.6% |
| Equity10/15 | €78k | €66k | €57k | €57k | €26k | ▼ 55.4% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €59k | €47k | €39k | €39k | €7k | ▼ 81.9% |
| Tax-exempt reserves132 | - | €7k | €7k | €7k | €7k | = |
| Distributable reserves133 | - | €40k | €32k | €32k | €42 | ▼ 99.9% |
| Amounts payable17/49 | €30k | €29k | €36k | €22k | €79k | ▲ 252% |
| Amounts payable within one year42/48 | €30k | €29k | €36k | €22k | €79k | ▲ 252% |
| Trade debts44 | €4k | €3k | €2k | €1k | €1k | ▼ 9.1% |
| Suppliers440/4 | - | €3k | €2k | €1k | €1k | ▼ 9.1% |
| Taxes, remuneration and social security45 | - | €6k | €32k | €5k | €7k | ▲ 45.8% |
| Taxes450/3 | - | €6k | €6k | €5k | €7k | ▲ 45.8% |
| Remuneration and social security454/9 | - | - | €26k | - | - | - |
| Other amounts payable47/48 | - | €20k | €3k | €17k | €71k | ▲ 327% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €23k | €25k | €34k | €19k | €43k | ▲ 127% |
| + Depreciation and write-downs630 | €6k | €9k | €10k | €9k | €7k | ▼ 23.4% |
| Operating cash flow (approximation) | €29k | €34k | €44k | €28k | €50k | ▲ 78.9% |
| Investment in fixed assets (approximation) | - | €-10k | €-4k | €-2k | €-6k | ▼ 226% |
| Change in cash | - | €-8k | €4k | €-2k | €24k | ▲ 1,651% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Highest result since 2018net €43k ▲127%
Operating result €54k, net result €43k, both a record.
23-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
11-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
11-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
15-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
15-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
17-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
13-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
24-04
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.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Wommelgem · 1 establishment unit since 2014
Ground area
1,063 m²
Building footprint
121 m²
Volume, LiDAR
4 m³
Parcel 11052A0312/00G008, Flanders · tallest building 0.3 m. Linked by address, not a title deed.
1 establishment unit
Sharpcode
since 20142.235.763.391
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11052A0312/00G008 | Flanders | 1,063 m² | 1 · 121 m² | 0.3 m |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 29,993 companies in sector 62200 we hold annual accounts for 18,396. 13,866 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded01-10-2014
Fiscal year end30-09
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
62900Other information technology and computer services
62100Computer programming
63100Computing infrastructure, data processing, hosting and related activities
Scores and ratios are computed by Checked and are not a credit decision.