CodeScale
ActiveCodeScale has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €77k and a net result of €31k. Equity is growing by ~38.1% per year across the filed fiscal years. Its solvency ranks better than 56% of 20792 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
100
/ 100
Excellent▲ +7 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 3.1 against 11.16 in 2023), and 32% 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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-07-2025, 6 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
6 d early
2023
19 d late
2022
31 d early
2021
27 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€77k▲ 5.9%
2023 · €73k
2021: €20k
2022: €47k
2023: €73k
2021 → 2024
Total assets
€114k▲ 42.0%
2023 · €80k
2021: €30k
2022: €57k
2023: €80k
2021 → 2024
Net result
€31k▲ 18.9%
2023 · €26k
2021: €17k
2022: €27k
2023: €26k
2021 → 2024
Working capital
€76k▲ 6.7%
2023 · €72k
2021: €18k
2022: €46k
2023: €72k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€20k-€47k▲ 138%€73k▲ 56.5%€77k▲ 5.9%
Operating result€24k-€36k▲ 46.8%€35k▼ 0.7%€41k▲ 17.1%
Net result€17k-€27k▲ 62.3%€26k▼ 2.3%€31k▲ 18.9%
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 2024; 2024 is 17% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €114k
Fixed assets
€1k▼ 33.9%
Current assets
€113k▲ 43.4%
Equity and liabilities €114k
Equity
€77k▲ 5.9%
Debt
€36k▲ 417%
The debt ratio rises from 8.8% to 32.0%: debt grows faster than equity.
Key figures and ratios
EBITDA
€42k▲
2023 · €35k
Cash flow
€32k▲
2023 · €27k
Solvency
68.0%▼
2023 · 91.2%
Current ratio
3.10▼
2023 · 11.16
Quick ratio
3.10▼
2023 · 11.16
Debt / equity
0.47▲
2023 · 0.10
ROE
40.6%▲
2023 · 36.1%
ROA
27.6%▼
2023 · 32.9%
Interest coverage
37.31▲
2023 · 26.24
Debt
€36k▲
2023 · €7k
Debt ≤ 1 year
€36k▲
2023 · €7k
Income taxes
€9k▲
2023 · €8k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€80k€114k▲
Fixed assets21/28€2k€1k▼
Tangible fixed assets22/27€2k€1k▼
Furniture and vehicles24€2k€1k▼
Current assets29/58€79k€113k▲
Cash at bank and in hand54/58€78k€111k▲
Deferred charges and accrued income490/1€150€2k▲
Equity and liabilities
Total equity and liabilities10/49€80k€114k▲
Equity10/15€73k€77k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€70k€74k▲
Amounts payable17/49€7k€36k▲
Amounts payable within one year42/48€7k€36k▲
Trade debts44€2k€1k▼
Suppliers440/4€2k€1k▼
Taxes, remuneration and social security45€3k€12k▲
Taxes450/3€3k€12k▲
Other amounts payable47/48€2k€23k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€116€514▲
Other operating charges640/8€1k€855▼
Gross operating margin9900€36k€43k▲
Operating profit (loss)9901€35k€41k▲
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€34k€40k▲
Income taxes67/77€8k€9k▲
Profit (loss) for the period9904€26k€31k▲
Profit (loss) for the period to be appropriated9905€26k€31k▲
Appropriation of the result
Profit (loss) to be appropriated9906€70k€101k▲
Profit (loss) brought forward from the previous period14P€44k€70k▲
Profit to be distributed694/7-€27k
Return on contributions (dividend)694-€27k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2021net €31k ▲18.9%
Operating result €41k, net result €31k, both a record.
19-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 19 days late
2023
31-12
Financial
Liquidity doublescurrent ratio 11.16
Current ratio from 5.47 to 11.16; short-term debt falls from €10k to €7k.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro 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, Fontaine-l'Evêque
Ground area
111 m²
Building footprint
60 m²
Parcel 52023B0879/00B003, Wallonia. Linked by address, not a title deed.
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52023B0879/00B003 | Wallonia | 111 m² | 1 · 60 m² | - |
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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MONKEYMAN
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Of 16,793 companies in sector 62100 we hold annual accounts for 8,689. 6,877 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-04-2020
Fiscal year end31-12
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62100Computer programming
62020IT consultancy
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 07-09-2026. Scores and ratios are computed by Checked and are not a credit decision.