Equity
-€432,508
Debts exceed assets in financial year 2025.
SIXTH GENERATION
Lifetime
7 annual accounts with figures on one time axispeak €61,553 (2021)
€29,943▲ 330%
lowest -€233,484 (2019)
-€116,798▼ €6,446
peak -€171,474 (2019)
-€432,508▼ €116,798
€575,207▲ 31.7%
peak 2.4 FTE (2019)
2.3 FTE▲ 15.0%
Board7 names since 2018
4 directorsDe Cronos Groep and 3 others
Owners5 names in the annual accounts
86%XGTech and 2 others
Documentsfilings and deeds
27-07-20264 days before the deadline
2025financial year
Gross margin from €6,958 to €29,943Loss of €116,798Staff from 2 FTE to 2.3 FTEEquity from -€315,710 to -€432,508Debts from €436,850 to €575,207
Key points
from the 2025 annual accountsLosses
-€700,594 in seven years
Every financial year from 2019 to 2025 closed with a loss. 2019 was the heaviest.
Debts
€575,207 403% of the balance sheet
Suppliers 8%Taxes and wages 6%Other 86%
Investments
€735 3.2 × depreciation
Green is investment, beige is depreciation.
Payment terms
60 days to suppliers
SIXTH GENERATION pays its suppliers 6 days later than in 2024. Customers pay 56 days later.
Position in the sector
-303.1%
Lower solvency than 95% of companies in computer programming and consultancy. Sector median 39.3% · 1,691 companies.
Checked score
49
Fair
Financially stronger than 10% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.6% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.7%
01-2025: 1.7%● unchanged vs 12-2024
02-2025: 1.8%▲ +0.1 percentage points vs 01-2025
03-2025: 1.7%▼ -0.1 percentage points vs 02-2025
04-2025: 1.8%▲ +0.1 percentage points vs 03-2025
05-2025: 1.7%▼ -0.1 percentage points vs 04-2025
06-2025: 1.6%▼ -0.1 percentage points vs 05-2025lowest value
07-2025: 1.6%● unchanged vs 06-2025
08-2025: 1.9%▲ +0.3 percentage points vs 07-2025
09-2025: 2.2%▲ +0.3 percentage points vs 08-2025
10-2025: 2.2%● unchanged vs 09-2025
11-2025: 2.2%● unchanged vs 10-2025
12-2025: 2.2%● unchanged vs 11-2025
01-2026: 2.2%● unchanged vs 12-2025
02-2026: 2.3%▲ +0.1 percentage points vs 01-2026
03-2026: 2.5%▲ +0.2 percentage points vs 02-2026
04-2026: 2.5%● unchanged vs 03-2026
05-2026: 2.5%● unchanged vs 04-2026
06-2026: 2.4%▼ -0.1 percentage points vs 05-2026
07-2026: 2.4%● unchanged vs 06-2026
08-2026: 2.5%▲ +0.1 percentage points vs 07-2026
09-2026: 2.5%● unchanged vs 08-2026
10-2026: 2.6%▲ +0.1 percentage points vs 09-2026highest value
11-2026: 2.6%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Negative equity -€432,508
Loss of €116,798, the second in a row (financial year 2025)
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Legal form: public limited company
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 3% of them on solvency, 4% on liquidity, 5% on profitability and 29% 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 moderate class on 30-06-2025, 2.4% 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, 6,008 companies had the same profile as SIXTH GENERATION has now. Each dot stands for 16 companies, two years later.
83.0%
were still trading
8.4%
stopped another way
7.9%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of SIXTH GENERATION itself: 2.6% within 12 months.
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 6,008 companies, not a prediction for SIXTH GENERATION. 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
No credit on open account
Liquidity is insufficient, with a current ratio of 0.25 (0.28 in 2024), below 1. Short-term debt is 403.1% and cash 5.4% of total assets. Equity is negative.
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 · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year -€432,508
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 27-07-2026, 4 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
4 days early
2024
26 days late
2023
22 days late
2022
3 days late
2021
4 days late
2020
19 days early
2019
18 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 2 days after 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 4 August (5 of the last 5 accounts filed within 30 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
1 statutory auditor reappointed
Permanent representatives: Tim Vermeiren, Dieter Vanloock and Dirk Deroost · KPMG Bedrijfsrevisoren CVBA (statutory auditor) · General meeting of 02-03-2023 · Gazette deed
Company renamed from NextGen Sports to Sixth Generation
Capital from €62,000 to €268,075.34 · Capital from €268,075.34 to €62,000 · Reappointment: De Cronos Groep (director) · Board meeting of 25-01-2023 · Gazette deed
1 director resigning, 1 reappointment
Resignation: DE WIT Josephus · Reappointment: De Cronos Groep (sole director) · Permanent representative: DEROOST, Dirk · Gazette deed
1 statutory auditor appointed, 1 director resigning, 1 resignation
Resignations: Gilbert Van fraeyenhoven and EY bedrijfsrevisoren BV (statutory auditor) · Appointment: KPMG Bedrijfsrevisoren CVBA (statutory auditor) · Permanent representatives: Tim Vermeiren and Dirk Deroost · General meeting of 02-10-2020 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SIXTH GENERATION Kontich | €142,699 | €29,943 | -303.1% | 2.3 |
| V-INFRA EUROPE Tournai | €198,128 | €34,903 | 22.6% | 2 |
| e4h Heist-op-den-Berg | €152,813 | €42,161 | 51.3% | 0.5 |
| Wave of Engagement Olen | €226,685 | €57,913 | -149.6% | 1.9 |
| Polaris Dendermonde | €127,874 | €34,506 | 36.4% | 0.5 |
| FinBeez Kontich | €167,938 | €38,795 | 58.7% | - |
| PAU Project Studio Antwerp | €169,177 | €13,331 | -445.8% | 2.3 |
These companies have the same main activity as SIXTH GENERATION: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €128,000 and €227,000, founded between 2015 and 2019.
Official details
Source: KBO- Status
- Active since 29-06-2018Normal situation
- Registered office
- 25 active companies are registered at this addressSource: KBO register, as of 9 November 2026.
- Activity
- Computer consultancy and computer facilities managementNACE 62200
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.280.775.8462550 Kontich, since 29-06-2018
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- €142,699▲ 17.8%
- Employeeson 31-12-2025
- 3▲ 50.0%
- Filing
- Filed on 27-07-2026, 4 days before the end of the filing period
Companies linked to SIXTH GENERATION
Parent and group
Insights on SIXTH GENERATION
Solvency fell in 2025 from -260.6% to -303.1% because of the loss.
XGTech holds 86% of the shares. In April 2023, the Official Gazette published the appointment of De Cronos Groep as managing director.
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 SIXTH GENERATION
- What is the company number of SIXTH GENERATION?
- The company number of SIXTH GENERATION is 0698.985.166. The VAT number is the same number with BE in front: BE 0698.985.166.
- Where is SIXTH GENERATION based?
- The registered office is at Veldkant 31, 2550 Kontich.Company details
- What does SIXTH GENERATION do?
- According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
- What is the legal form of SIXTH GENERATION?
- SIXTH GENERATION is a public limited company (NV).
- When was SIXTH GENERATION founded?
- SIXTH GENERATION was founded on 29-06-2018.
- Is SIXTH GENERATION still active?
- Yes, SIXTH GENERATION is an active enterprise in the KBO register.
- How many employees does SIXTH GENERATION have?
- SIXTH GENERATION had an average of 2.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does SIXTH GENERATION fall under?
- In its 2025 annual accounts, SIXTH GENERATION states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of SIXTH GENERATION?
- The turnover of SIXTH GENERATION was €322,876 in financial year 2025, according to the filed annual accounts.
- Is SIXTH GENERATION profitable?
- In financial year 2025, SIXTH GENERATION made a loss of €116,798.
- Where can I find the annual accounts of SIXTH GENERATION?
- SIXTH GENERATION filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SIXTH GENERATION due?
- SIXTH GENERATION must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See the other companies in the same group.Nuclys · 525 companies Compare this company with its sector.Sector benchmark
See how customers, suppliers and banks see your own company and what to improve first.