CODE CONSTRUCT

Active

Private limited companyfounded 201610 yrs activeAv. des Nouvelles Technologies 41, 7080 Frameries, BelgiumKBO/BCE: BE 0646.936.352

CODE CONSTRUCT has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €129k and a net result of €172k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 32% of 7039 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

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Checked score

Score 2025

53 / 100

Fair▲ +36 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability100=

Solvency33▼-10

Growth78▲+20

Stability100

Bankruptcy probability, 12 months

0.9% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €7k at 30 days acceptable

Liquidity short (current ratio 0.0 against 0.95 in 2024), and 73.8% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 41

Relative position

BE, all sectors

reference

Sector 41

higher

← fewer bankruptcies more bankruptcies →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

26.2%

Return on assets

34.7%

Age of the figures

8 mo

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-07-2026, 6 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

6 d early

2024

30 d late

2023

29 d late

2022

55 d early

2021

2 d late

2020

25 d late

2019

8 d early

← before the deadline after the deadline →

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 months

Position in the running window

05-09-2026 today31-12-2026 close31-07-2027 deadline

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 2025, micro schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€172k

2024 · €-13k

2022: €-16k 2023: €-4k 2024: €-13k

2022 → 2025

Working capital

€-302k▼ 608%

2024 · €-43k

2022: €-26k 2023: €-29k 2024: €-43k

2022 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2022202320242025Trend

Equity€-25k-€-29k▼ 13.8%€-42k▼ 46.0%€129k

Operating result€-8k-€-2k▲ 70.4%€-10k▼ 328%€246k

Net result€-16k-€-4k▲ 77.5%€-13k▼ 280%€172k

Result per fiscal year

Operating resultNet result

The operating result returns to profit in 2025: €246k after a loss of €10k in 2024, the highest year so far.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €494k

99.9%

Fixed assets €494k▲ 99,700%

Current assets €442▼ 99.9%

Equity and liabilities €494k

26.2%

12.6%

61.2%

Equity €129k

Provisions €62k

Debt €303k

Debt finances 61.2% of the balance-sheet total.

Key figures and ratios

2025 value · change against 2024

Solvency

26.2%▲

2024 · -5.3%

Current ratio

0.00▼

2024 · 0.95

Quick ratio

0.00▲

2024 · 0.00

Debt / equity

2.34▲

2024 · -19.83

ROE

132.6%▲

2024 · 31.5%

ROA

34.7%▲

2024 · -1.7%

Debt

€303k▼

2024 · €836k

Debt ≤ 1 year

€303k▼

2024 · €836k

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 · 2025 against 2024

Balance sheet Code20242025

Total assets 20/58€794k€494k▼

Fixed assets 21/28€495€494k▲

Tangible fixed assets 22/27-€476k

Financial fixed assets 28€495€18k▲

Current assets 29/58€794k€442▼

Stocks & contracts in progress 3€793k-

Amounts receivable within one year 40/41€438€438=

Cash & bank 54/58-€3

Total equity & liabilities 10/49€794k€494k▼

Equity 10/15€-42k€129k▲

Contributions / capital 10/11€20k€20k=

Reserves 13-€187k

Accumulated profits (losses) 14€-62k€-78k▼

Provisions & deferred taxes 16-€62k

Amounts payable 17/49€836k€303k▼

Amounts payable within one year 42/48€836k€303k▼

Trade debts payable within one year 44€387€31k▲

Income statement Code20242025

Gross operating margin 9900€-702€249k▲

Operating result 9901€-10k€246k▲

Financial charges 65€4k€12k▲

Result before taxes 9903€-13k€234k▲

Net result for the period 9904€-13k€172k▲

Result to be appropriated 9905€-13k€-15k▼

Timeline · acts, filings and financial milestones

All 13Financial 2Gazette 1Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

25-07

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

31-12

Financial Back to profitnet €172k

Net result €172k after 3 loss-making years.

31-12

Financial Equity above €100kEq €129k

Equity rises from €-42k to €129k.

30-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 30 days late

2024

29-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 29 days late

2023

06-06

NBB filing Annual accounts filed

fiscal year 2022 · full schema

2022

02-08

NBB filing Annual accounts filed

fiscal year 2021 · full schema · 2 days late

21-06

State Gazette act Registered-office change

2021

25-08

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 25 days late

2020

23-07

NBB filing Annual accounts filed

fiscal year 2019 · micro schema

2019

02-10

NBB filing Annual accounts filed

fiscal year 2018 · micro schema · 63 days late

2018

27-09

NBB filing Annual accounts filed

fiscal year 2017 · micro schema · 58 days late

2017

11-08

NBB filing Annual accounts filed

fiscal year 2016 · micro schema · 11 days late

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

1 of 4 acts read

About the unread acts

Of the 4 Belgian State Gazette acts we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.