URGE2CODE
ActiveSummary
URGE2CODE has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €80k and a net result of €-26k. Equity is growing by ~10.8% per year across the filed fiscal years. Its solvency ranks better than 60% of 17043 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
72
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-82
Solvency94▲+14
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 3.03 against 2.26 in 2024; short-term debt: 23.2% and cash: 44.4% of total assets), and 30.8% 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
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
69.2%
Return on assets
-22.5%
Age of the figures
9 mo
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 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
21 d early
2023
23 d early
2022
40 d early
2021
31 d early
2020
37 d early
2019
3 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€80k▼ 24.5%
2024 · €106k
2018: €51k
2019: €59k
2020: €51k
2021: €95k
2022: €99k
2023: €93k
2024: €106k
2018 → 2025
Total assets
€116k▼ 40.0%
2024 · €193k
2018: €62k
2019: €95k
2020: €69k
2021: €142k
2022: €165k
2023: €178k
2024: €193k
2018 → 2025
Net result
€-26k
2024 · €21k
2018: €-46k
2019: €9k
2020: €-8k
2021: €45k
2022: €31k
2023: €-6k
2024: €21k
2018 → 2025
Working capital
€55k▼ 32.0%
2024 · €80k
2018: €51k
2019: €52k
2020: €49k
2021: €86k
2022: €87k
2023: €70k
2024: €80k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€95k-€99k▲ 4.0%€93k▼ 5.9%€106k▲ 14.4%€80k▼ 24.5%
Operating result€55k-€44k▼ 20.0%€-2k€37k€-23k
Net result€45k-€31k▼ 31.6%€-6k€21k€-26k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €23k after €37k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €116k
Fixed assets
€35k ▼ 30.2%
Current assets
€81k ▼ 43.3%
Equity and liabilities €116k
Equity
€80k ▼ 24.5%
Debt
€36k ▼ 58.9%
Debt's share of the balance-sheet total falls from 45.0% to 30.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-8k▼
2024 · €54k
Cash flow
€-11k▼
2024 · €37k
Current ratio
3.03▲
2024 · 2.26
Debt to equity
0.44▼
2024 · 0.82
ROE
-32.4%▼
2024 · 19.8%
ROA
-22.5%▼
2024 · 10.9%
Interest coverage
-4.29▼
2024 · 12.47
Debt ≤ 1 year
€27k▼
2024 · €64k
Debt > 1 year
€9k▼
2024 · €23k
Income taxes
€946▼
2024 · €12k
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 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€193k€116k▼
Fixed assets21/28€50k€35k▼
Tangible fixed assets22/27€50k€35k▼
Furniture and vehicles24€50k€35k▼
Financial fixed assets28€25€25=
Current assets29/58€144k€81k▼
Amounts receivable within one year40/41€40k€28k▼
Trade receivables40€34k€11k▼
Other amounts receivable41€6k€16k▲
Cash at bank and in hand54/58€102k€52k▼
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€193k€116k▼
Equity10/15€106k€80k▼
Contributions10/11€6k€6k=
Reserves13€99k€99k=
Distributable reserves133€99k€99k=
Profit (loss) carried forward14€984€-25k▼
Amounts payable17/49€87k€36k▼
Amounts payable after more than one year17€23k€9k▼
Financial debts170/4€23k€9k▼
Amounts payable within one year42/48€64k€27k▼
Current portion of amounts payable after more than one year42€14k€14k▲
Trade debts44€13k€6k▼
Suppliers440/4€13k€6k▼
Taxes, remuneration and social security45€6k-
Taxes450/3€6k-
Other amounts payable47/48€31k€7k▼
Accrued charges and deferred income492/3€146€18▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€15k▼
Other operating charges640/8€884€808▼
Gross operating margin9900€54k€-7k▼
Operating profit (loss)9901€37k€-23k▼
Financial income75/76B€0€0▲
Recurring financial income75€0€0▲
Financial charges65/66B€4k€2k▼
Recurring financial charges65€4k€2k▼
Profit (loss) for the period before taxes9903€33k€-25k▼
Income taxes67/77€12k€946▼
Profit (loss) for the period9904€21k€-26k▼
Profit (loss) for the period to be appropriated9905€21k€-26k▼
Appropriation of the result
Profit (loss) to be appropriated9906€23k€-25k▼
Profit (loss) brought forward from the previous period14P€2k€984▼
Transfer from equity791/2€7k-
Transfer to equity691/2€21k-
To other reserves6921€21k-
Profit to be distributed694/7€8k-
Return on contributions (dividend)694€8k-
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €21k
Net result €21k after one loss-making year.
31-12
Financial
Equity above €100kEq €106k ▲14.4%
Equity rises from €93k to €106k.
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €45k
Net result €45k after one loss-making year.
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
03-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 3 days late
2019
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
22-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 22 days late
2017
21-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Genappe · 1 establishment unit since 2012
Ground area
2,807 m²
Building footprint
191 m²
Volume, LiDAR
1,103 m³
Parcel 25003M0231/00W000, Wallonia · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
URGE2CODE
since 20122.206.106.533
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25003M0231/00W000 | Wallonia | 2,807 m² | 1 · 191 m² | 8.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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. 15,590 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-12-2011
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.