United Codes
ActiveSummary
United Codes has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.41M and a net result of €231k. Equity is growing by ~34.5% per year across the filed fiscal years. Its solvency ranks better than 62% of 2692 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
75
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability74▼-10
Solvency86▲+4
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €250k at 30 days acceptable
Liquidity ample (current ratio 5.84 against 5.07 in 2024; short-term debt: 6.7% and cash: 1.4% of total assets), and 39.4% 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 →
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
60.6%
Return on assets
4.1%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 06-01-2026, 25 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
25 d early
2024
10 d early
2023
6 d early
2022
40 d early
2021
44 d early
2020
40 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 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€3.41M▲ 7.3%
2024 · €3.18M
2020: €373k
2021: €696k
2022: €1.51M
2023: €2.49M
2024: €3.18M
2020 → 2025
Total assets
€5.62M▲ 1.4%
2024 · €5.54M
2020: €803k
2021: €963k
2022: €2.39M
2023: €4.00M
2024: €5.54M
2020 → 2025
Net result
€231k▼ 66.4%
2024 · €689k
2020: €312k
2021: €322k
2022: €816k
2023: €975k
2024: €689k
2020 → 2025
Working capital
€1.82M▼ 13.3%
2024 · €2.10M
2020: €348k
2021: €656k
2022: €1.06M
2023: €2.03M
2024: €2.10M
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€696k-€1.51M▲ 117%€2.49M▲ 64.5%€3.18M▲ 27.7%€3.41M▲ 7.3%
Operating result€435k-€1.03M▲ 136%€1.25M▲ 21.9%€870k▼ 30.5%€530k▼ 39.1%
Net result€322k-€816k▲ 153%€975k▲ 19.4%€689k▼ 29.3%€231k▼ 66.4%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 39% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.62M
Fixed assets
€3.43M ▲ 17.0%
Current assets
€2.20M ▼ 16.0%
Equity and liabilities €5.62M
Equity
€3.41M ▲ 7.3%
Debt
€2.21M ▼ 6.5%
Debt's share of the balance-sheet total falls from 42.7% to 39.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€669k▼
2024 · €1.05M
Cash flow
€371k▼
2024 · €866k
Current ratio
5.84▲
2024 · 5.07
Debt to equity
0.65▼
2024 · 0.75
ROE
6.8%▼
2024 · 21.7%
ROA
4.1%▼
2024 · 12.4%
Interest coverage
10.96▼
2024 · 39.06
Debt ≤ 1 year
€376k▼
2024 · €516k
Debt > 1 year
€1.83M▼
2024 · €1.85M
Income taxes
€118k▼
2024 · €217k
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 · 54 lines
Balance sheet
Code20242025
Assets
Total assets20/58€5.54M€5.62M▲
Fixed assets21/28€2.93M€3.43M▲
Tangible fixed assets22/27€2.73M€3.43M▲
Land and buildings22€2.55M€3.14M▲
Furniture and vehicles24€177k€277k▲
Other tangible fixed assets26-€6k
Assets under construction and advance payments27€0-
Financial fixed assets28€200k€0▼
Current assets29/58€2.61M€2.20M▼
Amounts receivable within one year40/41€589k€686k▲
Trade receivables40€554k€634k▲
Other amounts receivable41€35k€52k▲
Current investments50/53€1.80M€1.40M▼
Cash at bank and in hand54/58€220k€80k▼
Deferred charges and accrued income490/1€6k€28k▲
Equity and liabilities
Total equity and liabilities10/49€5.54M€5.62M▲
Equity10/15€3.18M€3.41M▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€827k€1.02M▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€821k€1.01M▲
Profit (loss) carried forward14€2.29M€2.33M▲
Amounts payable17/49€2.37M€2.21M▼
Amounts payable after more than one year17€1.85M€1.83M▼
Financial debts170/4€1.85M€1.83M▼
Amounts payable within one year42/48€516k€376k▼
Current portion of amounts payable after more than one year42€148k€192k▲
Trade debts44€301k€115k▼
Suppliers440/4€301k€115k▼
Taxes, remuneration and social security45€59k€68k▲
Taxes450/3€59k€68k▲
Other amounts payable47/48€8k€825▼
Accrued charges and deferred income492/3€2k€7k▲
Income statement
Code20242025
Non-recurring operating income76A€187k€27k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€177k€139k▼
Other operating charges640/8€3k€11k▲
Gross operating margin9900€1.05M€680k▼
Operating profit (loss)9901€870k€530k▼
Financial income75/76B€63k€61k▼
Recurring financial income75€63k€61k▼
Financial charges65/66B€27k€241k▲
Recurring financial charges65€27k€61k▲
Non-recurring financial charges66B-€180k
Profit (loss) for the period before taxes9903€906k€349k▼
Income taxes67/77€217k€118k▼
Profit (loss) for the period9904€689k€231k▼
Transfer to tax-exempt reserves689€316k€189k▼
Profit (loss) for the period to be appropriated9905€373k€42k▼
Appropriation of the result
Profit (loss) to be appropriated9906€2.29M€2.33M▲
Profit (loss) brought forward from the previous period14P€1.91M€2.29M▲
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (22 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
06-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial
Weakest financial yearnet €231k ▼66.4%
Net result drops to €231k, the lowest in the series.
21-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
25-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
Financial
Highest result since 2020net €975k ▲19.4%
Operating result €1.25M, net result €975k, both a record.
30-06
Financial
Equity above €2MEq €2.49M ▲64.5%
4 profitable years in a row build equity to €2.49M.
2022
22-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
30-06
Financial
Equity above €1MEq €1.51M ▲117%
3 profitable years in a row build equity to €1.51M.
2021
18-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial
Liquidity times 5current ratio 13.99
Current ratio from 2.74 to 13.99; short-term debt falls from €200k to €51k.
30-06
Financial
Equity above €500kEq €696k ▲86.4%
2 profitable years in a row build equity to €696k.
2020
22-12
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
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, Leuven · 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.
Waversebaan 2763001 LeuvenGround area
1,523 m²
Building footprint
260 m²
Volume, LiDAR
203 m³
Parcel 24432H0037/00V017, Flanders · tallest building 14.6 m. Linked by address, not a title deed.
1 establishment unit
United Codes
since 20192.289.670.152
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24432H0037/00V017 | Flanders | 1,523 m² | 1 · 260 m² | 14.6 m |
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 16,884 companies in sector 62100 we hold annual accounts for 8,775. 1,785 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 formPublic limited company
Founded07-05-2019
Fiscal year end30-06
Activities, NACEBEL 2025
62100Computer programming
58290Other software publishing
62200Computer consultancy and computer facilities management
64210Activities of holding companies
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.