CodeKite
ActiveSummary
CodeKite has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €270k and a net result of €57k. Equity is growing by ~28.7% per year across the filed fiscal years. Its solvency ranks better than 81% of 17043 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
90
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability91▲+12
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24k at 30 days acceptable
Liquidity ample (current ratio 6.49 against 7.4 in 2024; short-term debt: 12.8% and cash: 68.9% of total assets), and 15% of the assets are financed with debt.
Credit advice 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 →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
85%
Return on assets
18.1%
Age of the figures
12 mo
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 31-03-2026, 30 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
30 d early
2024
61 d late
2023
30 d early
2022
31 d early
2021
30 d early
2020
30 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
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€270k▲ 27.0%
2024 · €212k
2020: €17k
2021: €83k
2022: €147k
2023: €192k
2024: €212k
2020 → 2025
Total assets
€317k▲ 32.7%
2024 · €239k
2020: €57k
2021: €110k
2022: €180k
2023: €216k
2024: €239k
2020 → 2025
Net result
€57k▲ 188%
2024 · €20k
2020: €58k
2021: €66k
2022: €65k
2023: €45k
2024: €20k
2020 → 2025
Working capital
€223k▲ 62.2%
2024 · €138k
2020: €27k
2021: €49k
2022: €122k
2023: €175k
2024: €138k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€83k-€147k▲ 78.4%€192k▲ 30.6%€212k▲ 10.3%€270k▲ 27.0%
Operating result€84k-€82k▼ 2.1%€57k▼ 29.8%€28k▼ 50.9%€80k▲ 184%
Net result€66k-€65k▼ 2.3%€45k▼ 30.5%€20k▼ 55.9%€57k▲ 188%
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 184% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €317k
Fixed assets
€53k ▼ 33.4%
Current assets
€264k ▲ 65.8%
Equity and liabilities €317k
Equity
€270k ▲ 27.0%
Debt
€47k ▲ 78.3%
Debt's share of the balance-sheet total rises from 11.1% to 15.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€96k▲
2024 · €44k
Cash flow
€74k▲
2024 · €36k
Current ratio
6.49▼
2024 · 7.40
Debt to equity
0.18▲
2024 · 0.13
ROE
21.3%▲
2024 · 9.4%
ROA
18.1%▲
2024 · 8.3%
Interest coverage
292.88▲
2024 · 181.14
Debt ≤ 1 year
€41k▲
2024 · €22k
Income taxes
€22k▲
2024 · €8k
Staff costs
€2k=
2024 · €2k
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 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€239k€317k▲
Fixed assets21/28€80k€53k▼
Tangible fixed assets22/27€80k€53k▼
Plant, machinery and equipment23€801€282▼
Furniture and vehicles24€79k€53k▼
Current assets29/58€159k€264k▲
Amounts receivable within one year40/41€5k€4k▼
Trade receivables40€4k€4k=
Other amounts receivable41€884€367▼
Current investments50/53€7k€6k▼
Cash at bank and in hand54/58€113k€219k▲
Deferred charges and accrued income490/1€34k€35k▲
Equity and liabilities
Total equity and liabilities10/49€239k€317k▲
Equity10/15€212k€270k▲
Contributions10/11€2k€2k=
Reserves13€200€200=
Non-distributable reserves130/1€200€200=
Reserves not available under the articles1311€200€200=
Profit (loss) carried forward14€210k€268k▲
Amounts payable17/49€27k€47k▲
Amounts payable within one year42/48€22k€41k▲
Trade debts44€1k€4k▲
Suppliers440/4€1k€4k▲
Taxes, remuneration and social security45€8k€25k▲
Taxes450/3€8k€22k▲
Remuneration and social security454/9-€2k
Other amounts payable47/48€12k€12k▼
Accrued charges and deferred income492/3€5k€7k▲
Income statement
Code20242025
Non-recurring operating income76A-€9k
Remuneration, social security and pensions62€2k€2k=
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€16k▲
Other operating charges640/8€2k€594▼
Gross operating margin9900€48k€99k▲
Operating profit (loss)9901€28k€80k▲
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€242€329▲
Recurring financial charges65€242€329▲
Profit (loss) for the period before taxes9903€28k€80k▲
Income taxes67/77€8k€22k▲
Profit (loss) for the period9904€20k€57k▲
Profit (loss) for the period to be appropriated9905€20k€57k▲
Appropriation of the result
Profit (loss) to be appropriated9906€210k€268k▲
Profit (loss) brought forward from the previous period14P€190k€210k▲
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
31-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
30-09
Financial
Weakest financial yearnet €20k ▼55.9%
Net result drops to €20k, the lowest in the series; recovery starts the following year.
30-09
Financial
Equity above €200kEq €212k ▲10.3%
5 profitable years in a row build equity to €212k.
31-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Equity above €150kEq €192k ▲30.6%
4 profitable years in a row build equity to €192k.
30-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Equity above €100kEq €147k ▲78.4%
3 profitable years in a row build equity to €147k.
31-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Highest result since 2020net €66k ▲14.3%
Operating result €84k, net result €66k, both a record.
31-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Elsene · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Mercelisstraat 311050 ElseneGround area
2,059 m²
Building footprint
672 m²
Volume, LiDAR
4,995 m³
Parcel 21009A1057/00Z008, Brussels · tallest building 16.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CodeKite
since 20192.292.845.319
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21009A1057/00Z008 | Brussels | 2,059 m² | 1 · 672 m² | 16.3 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.
Recognitions · licences · registrations
Legal Entity Identifier
984500F7EF8ADA46DD08
Similar companies · same sector, comparable size
PROFILITY
BE 0534.390.321
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UNISON CONSULTING
BE 0785.765.425
Steenokkerzeel · Eq €269,924
ESG BELGIUM
BE 0730.903.017
Hoogstraten · Eq €269,924
EUROPEAN COLOR SOFTWARE
BE 0436.727.553
Antwerpen · Eq €269,413
CornerStone Consulting
BE 0802.916.312
Huldenberg · Eq €269,345
Of 29,996 companies in sector 62200 we hold annual accounts for 18,393. 14,019 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
Founded27-08-2019
Fiscal year end30-09
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.