CodeControl
ActiveSummary
CodeControl has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €192k and a net result of €38k. Equity is growing by ~38.2% per year across the filed fiscal years. Its solvency ranks better than 89% of 2699 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability91▼-1
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity ample (current ratio 9.07 against 8.03 in 2024; short-term debt: 10.9% and cash: 85.2% of total assets), and 10.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers 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
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
89.1%
Return on assets
17.6%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 · 10 filingsDeviation from the deadline
2025
27 d late
2024
27 d late
2023
20 d late
2022
24 d late
2021
11 d late
2020
3 d early
2019
36 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€192k▲ 23.9%
2024 · €155k
2019: €-6klowest in 7 years
2020: €-3k▲ +51.6% vs 2019
2021: €44k▲ +1555% vs 2020
2022: €90k▲ +104% vs 2021
2023: €123k▲ +36.9% vs 2022
2024: €155k▲ +25.8% vs 2023
2025: €192k▲ +23.9% vs 2024highest in 7 years
2019 → 2025
Total assets
€216k▲ 22.9%
2024 · €176k
2019: €11klowest in 7 years
2020: €16k▲ +37.7% vs 2019
2021: €136k▲ +768% vs 2020
2022: €123k▼ -9.2% vs 2021
2023: €170k▲ +38.2% vs 2022
2024: €176k▲ +3.3% vs 2023
2025: €216k▲ +22.9% vs 2024highest in 7 years
2019 → 2025
Net result
€38k▲ 16.6%
2024 · €33k
2019: €-1klowest in 7 years
2020: €3k▲ +395% vs 2019
2021: €63k▲ +1849% vs 2020highest in 7 years
2022: €47k▼ -25.9% vs 2021
2023: €34k▼ -27.1% vs 2022
2024: €33k▼ -4.3% vs 2023
2025: €38k▲ +16.6% vs 2024
2019 → 2025
Working capital
€191k▲ 31.7%
2024 · €145k
2019: €-6klowest in 7 years
2020: €-4k▲ +33.5% vs 2019
2021: €6k▲ +248% vs 2020
2022: €61k▲ +896% vs 2021
2023: €104k▲ +69.3% vs 2022
2024: €145k▲ +39.1% vs 2023
2025: €191k▲ +31.7% vs 2024highest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€44k-€90k▲ 104%€123k▲ 36.9%€155k▲ 25.8%€192k▲ 23.9%
2021: €44klowest in 5 years
2022: €90k▲ +104% vs 2021
2023: €123k▲ +36.9% vs 2022
2024: €155k▲ +25.8% vs 2023
2025: €192k▲ +23.9% vs 2024highest in 5 years
Operating result€77k-€69k▼ 10.2%€47k▼ 32.1%€45k▼ 3.1%€53k▲ 17.8%
2021: €77khighest in 5 years
2022: €69k▼ -10.2% vs 2021
2023: €47k▼ -32.1% vs 2022
2024: €45k▼ -3.1% vs 2023lowest in 5 years
2025: €53k▲ +17.8% vs 2024
Net result€63k-€47k▼ 25.9%€34k▼ 27.1%€33k▼ 4.3%€38k▲ 16.6%
2021: €63khighest in 5 years
2022: €47k▼ -25.9% vs 2021
2023: €34k▼ -27.1% vs 2022
2024: €33k▼ -4.3% vs 2023lowest in 5 years
2025: €38k▲ +16.6% vs 2024
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 recovers in 2025; 2025 is 18% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €216k
Fixed assets
€2k ▼ 84.6%
Current assets
€214k ▲ 29.6%
Equity and liabilities €216k
Equity
€192k ▲ 23.9%
Debt
€24k ▲ 14.8%
Debt's share of the balance-sheet total falls from 11.7% to 10.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€62k▲
2024 · €54k
Cash flow
€47k▲
2024 · €42k
Current ratio
9.07▲
2024 · 8.03
Debt to equity
0.12▼
2024 · 0.13
ROE
19.8%▼
2024 · 21.0%
ROA
17.6%▼
2024 · 18.6%
Interest coverage
644.47▲
2024 · 362.94
Debt ≤ 1 year
€24k▲
2024 · €21k
Income taxes
€15k▲
2024 · €13k
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 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€176k€216k▲
Fixed assets21/28€10k€2k▼
Tangible fixed assets22/27€10k€2k▼
Plant, machinery and equipment23€314€6▼
Furniture and vehicles24€10k€2k▼
Current assets29/58€165k€214k▲
Amounts receivable within one year40/41€43k€30k▼
Trade receivables40€24k€23k▼
Other amounts receivable41€20k€7k▼
Cash at bank and in hand54/58€122k€184k▲
Deferred charges and accrued income490/1-€410
Equity and liabilities
Total equity and liabilities10/49€176k€216k▲
Equity10/15€155k€192k▲
Contributions10/11€19k€19k=
Outside capital11€19k€19k=
Share premium1100/10€19k€19k=
Reserves13€137k€174k▲
Distributable reserves133€137k€174k▲
Amounts payable17/49€21k€24k▲
Amounts payable within one year42/48€21k€24k▲
Trade debts44€417€1k▲
Suppliers440/4€417€1k▲
Taxes, remuneration and social security45€18k€16k▼
Taxes450/3€15k€16k▲
Remuneration and social security454/9€3k-
Other amounts payable47/48€2k€6k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€9k▼
Other operating charges640/8€613€628▲
Gross operating margin9900€55k€63k▲
Operating profit (loss)9901€45k€53k▲
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€150€97▼
Recurring financial charges65€150€97▼
Profit (loss) for the period before taxes9903€45k€53k▲
Income taxes67/77€13k€15k▲
Profit (loss) for the period9904€33k€38k▲
Profit (loss) for the period to be appropriated9905€33k€38k▲
Appropriation of the result
Profit (loss) to be appropriated9906€33k€38k▲
Transfer to equity691/2€32k€37k▲
To other reserves6921€32k€37k▲
Profit to be distributed694/7€833€900▲
Return on contributions (dividend)694€833€900▲
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8k | €9k | €9k | €9k | €9k | ▼ 1.4% |
| Other operating charges640/8 | €1k | €614 | €599 | €613 | €628 | ▲ 2.3% |
| Gross operating margin9900 | €86k | €79k | €57k | €55k | €63k | ▲ 14.5% |
| Operating profit (loss)9901 | €77k | €69k | €47k | €45k | €53k | ▲ 17.8% |
| Financial income75/76B | €0 | - | €37 | - | €0 | - |
| Recurring financial income75 | €0 | - | €37 | - | €0 | - |
| Financial charges65/66B | €134 | €64 | €69 | €150 | €97 | ▼ 35.4% |
| Recurring financial charges65 | €134 | €64 | €69 | €150 | €97 | ▼ 35.4% |
| Profit (loss) for the period before taxes9903 | €77k | €69k | €47k | €45k | €53k | ▲ 18.0% |
| Income taxes67/77 | €14k | €22k | €13k | €13k | €15k | ▲ 21.4% |
| Profit (loss) for the period9904 | €63k | €47k | €34k | €33k | €38k | ▲ 16.6% |
| Profit (loss) for the period to be appropriated9905 | €63k | €47k | €34k | €33k | €38k | ▲ 16.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €136k | €123k | €170k | €176k | €216k | ▲ 22.9% |
| Fixed assets21/28 | €38k | €29k | €19k | €10k | €2k | ▼ 84.6% |
| Tangible fixed assets22/27 | €38k | €29k | €19k | €10k | €2k | ▼ 84.6% |
| Plant, machinery and equipment23 | €2k | €2k | €749 | €314 | €6 | ▼ 97.9% |
| Furniture and vehicles24 | €36k | €27k | €19k | €10k | €2k | ▼ 84.2% |
| Current assets29/58 | €98k | €94k | €151k | €165k | €214k | ▲ 29.6% |
| Amounts receivable within one year40/41 | €17k | €28k | €36k | €43k | €30k | ▼ 30.7% |
| Trade receivables40 | €10k | €22k | €24k | €24k | €23k | ▼ 4.1% |
| Other amounts receivable41 | €7k | €6k | €12k | €20k | €7k | ▼ 62.4% |
| Cash at bank and in hand54/58 | €68k | €59k | €107k | €122k | €184k | ▲ 50.7% |
| Deferred charges and accrued income490/1 | €13k | €7k | €7k | - | €410 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €136k | €123k | €170k | €176k | €216k | ▲ 22.9% |
| Equity10/15 | €44k | €90k | €123k | €155k | €192k | ▲ 23.9% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Outside capital11 | €19k | €19k | €19k | €19k | €19k | = |
| Share premium1100/10 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €26k | €72k | €105k | €137k | €174k | ▲ 27.2% |
| Distributable reserves133 | €26k | €72k | €105k | €137k | €174k | ▲ 27.2% |
| Amounts payable17/49 | €91k | €33k | €47k | €21k | €24k | ▲ 14.8% |
| Amounts payable within one year42/48 | €91k | €33k | €47k | €21k | €24k | ▲ 14.8% |
| Trade debts44 | €653 | €240 | €321 | €417 | €1k | ▲ 227% |
| Suppliers440/4 | €653 | €240 | €321 | €417 | €1k | ▲ 227% |
| Taxes, remuneration and social security45 | €7k | €16k | €15k | €18k | €16k | ▼ 9.3% |
| Taxes450/3 | €7k | €16k | €15k | €15k | €16k | ▲ 10.3% |
| Remuneration and social security454/9 | - | - | - | €3k | - | - |
| Other amounts payable47/48 | €84k | €17k | €32k | €2k | €6k | ▲ 154% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €63k | €47k | €34k | €33k | €38k | ▲ 16.6% |
| + Depreciation and write-downs630 | €8k | €9k | €9k | €9k | €9k | ▼ 1.4% |
| Operating cash flow (approximation) | €71k | €56k | €43k | €42k | €47k | ▲ 12.8% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €-8k | €48k | €15k | €62k | ▲ 325% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 27 days late
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
31-12
Financial
Liquidity doublescurrent ratio 8.03
Current ratio from 3.22 to 8.03; short-term debt falls from €47k to €21k.
31-12
Financial
Equity above €150kEq €155k ▲25.8%
5 profitable years in a row build equity to €155k.
20-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 20 days late
2023
31-12
Financial
Equity above €100kEq €123k ▲36.9%
4 profitable years in a row build equity to €123k.
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
31-12
Financial
Liquidity triplescurrent ratio 2.86
Current ratio from 1.07 to 2.86; short-term debt falls from €91k to €33k.
11-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 11 days late
2021
31-12
Financial
Highest result since 2019net €63k ▲1,849%
Operating result €77k, net result €63k, both a record.
2020
28-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-05
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
Show earlier events
2019
25-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
28-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
21-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
05-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Zonnebeke · 1 establishment unit since 2011
Ground area
1,202 m²
Building footprint
89 m²
Volume, LiDAR
522 m³
Parcel 33008A0848/00G002, Flanders · tallest building 11.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CodeControl
since 20112.195.850.861
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33008A0848/00G002 | Flanders | 1,202 m² | 1 · 89 m² | 11.4 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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
9845008AAFD98L194C50
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Of 29,993 companies in sector 62200 we hold annual accounts for 18,396. 14,835 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded18-01-2011
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
18130Pre-press and pre-media services
62100Computer programming
Contact
E-mail
rubenlagatie@gmail.comZonnebeke
Scores and ratios are computed by Checked and are not a credit decision.