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Designate

Active
Private limited company (pre-2019)founded 20197 yrs activeViverselweg 38, 3550 Heusden-Zolder, BelgiumKBO/BCE: BE 0718.766.238

Designate has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €206k and a net result of €45k. Equity is growing by ~18.4% per year across the filed fiscal years. Its solvency ranks better than 89% of 20786 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (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▲+27
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity ample (current ratio 12.21 against 15.4 in 2023), and 8.9% 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 riskneutral
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 7 years 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
91.1%
Return on assets
19.7%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filings
Deviation from the deadline
2025
not confirmed
2024
29 d late
2023
on the day
2022
11 d early
2021
31 d late
2020
29 d early
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€206k▲ 27.6%
2023 · €162k
2020: €88k 2021: €114k 2022: €138k 2023: €162k
2020 → 2024
Total assets
€226k▲ 29.4%
2023 · €175k
2020: €157k 2021: €152k 2022: €163k 2023: €175k
2020 → 2024
Net result
€45k▲ 89.2%
2023 · €24k
2020: €82k 2021: €26k 2022: €25k 2023: €24k
2020 → 2024
Working capital
€192k▲ 26.9%
2023 · €151k
2020: €82k 2021: €128k 2022: €149k 2023: €151k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€88k-€114k▲ 29.1%€138k▲ 21.6%€162k▲ 17.1%€206k▲ 27.6%
Operating result€118k-€37k▼ 68.8%€34k▼ 6.5%€33k▼ 3.5%€63k▲ 90.0%
Net result€82k-€26k▼ 68.7%€25k▼ 4.5%€24k▼ 3.8%€45k▲ 89.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100kOperating result 2020: €118k€118kNet result 2020: €82k€82kOperating result 2021: €37k€37kNet result 2021: €26k€26kOperating result 2022: €34k€34kNet result 2022: €25k€25kOperating result 2023: €33k€33kNet result 2023: €24k€24kOperating result 2024: €63k€63kNet result 2024: €45k€45k20202021202220232024
The operating result recovers in 2024; 2024 is 90% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €226k
Fixed assets €17k▲ 30.8%
Current assets €209k▲ 29.3%
Equity and liabilities €226k
Equity €206k▲ 27.6%
Debt €20k▲ 52.0%
The debt ratio rises from 7.6% to 8.9%: debt grows faster than equity.
Key figures and ratios
2024 value · change against 2023
EBITDA
€69k
2023 · €36k
Cash flow
€50k
2023 · €26k
Solvency
91.1%
2023 · 92.4%
Current ratio
12.21
2023 · 15.40
Quick ratio
12.21
2023 · 15.40
Debt / equity
0.10
2023 · 0.08
ROE
21.6%
2023 · 14.6%
ROA
19.7%
2023 · 13.5%
Interest coverage
297.15
2023 · 163.27
Debt
€20k
2023 · €13k
Debt ≤ 1 year
€17k
2023 · €11k
Income taxes
€18k
2023 · €10k
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€175k€226k
Fixed assets21/28€13k€17k
Tangible fixed assets22/27€13k€17k
Plant, machinery and equipment23€6k€4k
Furniture and vehicles24-€6k
Other tangible fixed assets26€7k€6k
Current assets29/58€162k€209k
Amounts receivable within one year40/41€23k€26k
Trade receivables40€18k€20k
Other amounts receivable41€5k€6k
Cash at bank and in hand54/58€138k€183k
Deferred charges and accrued income490/1€738€565
Equity and liabilities
Total equity and liabilities10/49€175k€226k
Equity10/15€162k€206k
Contributions10/11€6k€6k=
Reserves13€156k€200k
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€154k€198k
Amounts payable17/49€13k€20k
Amounts payable within one year42/48€11k€17k
Trade debts44€503€675
Suppliers440/4€503€675
Taxes, remuneration and social security45€10k€16k
Taxes450/3€10k€16k
Accrued charges and deferred income492/3€3k€3k
Income statement Code20232024
Non-recurring operating income76A-€2k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€6k
Other operating charges640/8€1k€1k
Gross operating margin9900€37k€70k
Operating profit (loss)9901€33k€63k
Financial income75/76B€951€75
Recurring financial income75€951€75
Financial charges65/66B€218€232
Recurring financial charges65€218€232
Profit (loss) for the period before taxes9903€34k€63k
Income taxes67/77€10k€18k
Profit (loss) for the period9904€24k€45k
Profit (loss) for the period to be appropriated9905€24k€45k
Appropriation of the result
Profit (loss) to be appropriated9906€24k€45k
Transfer to equity691/2€24k€45k
To other reserves6921€24k€45k

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
29-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial Equity above €200kEq €206k ▲27.6%
5 profitable years in a row build equity to €206k.
31-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Weakest financial yearnet €24k ▼3.8%
Net result drops to €24k, the lowest in the series; recovery starts the following year.
31-12
Financial Equity above €150kEq €162k ▲17.1%
4 profitable years in a row build equity to €162k.
20-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Liquidity quadruplescurrent ratio 35.97
Current ratio from 8.16 to 35.97; short-term debt falls from €18k to €4k.
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial Liquidity quadruplescurrent ratio 8.16
Current ratio from 2.28 to 8.16; short-term debt falls from €64k to €18k.
31-12
Financial Equity above €100kEq €114k ▲29.1%
2 profitable years in a row build equity to €114k.
02-07
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
1 act for this company is 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, Heusden-Zolder · 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.

Viverselweg 383550 Heusden-Zolder
Ground area
711 m²
Building footprint
206 m²
Volume, LiDAR
899 m³
Parcel 71065F0587/00E000, Flanders · tallest building 7.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Designate
Viverselweg 38, 3550 Heusden-ZolderIT consultancy
since 20192.285.071.857
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71065F0587/00E000 Flanders 711 m² 1 · 205 m² 7.0 m · 1 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.

Similar companies · same sector, comparable size

Of 29,870 companies in sector 62200 we hold annual accounts for 18,318. 14,540 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded16-01-2019
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
62900Other information technology and computer services
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers

Data from official sources, last processed on 08-09-2026. Scores and ratios are computed by Checked and are not a credit decision.