Koding.AI
ActiveSummary
Koding.AI has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8k and a net result of €28k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 13% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+10
Solvency33▼-18
Growth58▲+6
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.74 against 0.98 in 2024; short-term debt: 79.3% and cash: 31.4% of total assets), and 92.2% 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
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← 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
7.8%
Return on assets
29.7%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 17090 sector peers (2025).
NBB · sector comparisonPosition among 17090 sector peers
Solvency
better than 13%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-06-2026, 56 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
56 d early
2024
83 d early
2023
28 d early
2022
31 d early
2021
21 d early
2020
40 d early
2019
29 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, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€8k▼ 75.7%
2024 · €31k
2019: €29k
2020: €38k▲ +31.0% vs 2019
2021: €60k▲ +57.9% vs 2020
2022: €70k▲ +15.9% vs 2021highest in 7 years
2023: €50k▼ -27.7% vs 2022
2024: €31k▼ -38.8% vs 2023
2025: €8k▼ -75.7% vs 2024lowest in 7 years
2019 → 2025
Total assets
€96k▼ 20.6%
2024 · €121k
2019: €61klowest in 7 years
2020: €73k▲ +20.5% vs 2019
2021: €94k▲ +28.3% vs 2020
2022: €147k▲ +56.8% vs 2021highest in 7 years
2023: €135k▼ -8.3% vs 2022
2024: €121k▼ -10.4% vs 2023
2025: €96k▼ -20.6% vs 2024
2019 → 2025
Net result
€28k▲ 38.8%
2024 · €20k
2019: €22k
2020: €22k● 0.0% vs 2019
2021: €22k▲ +2.2% vs 2020
2022: €25k▲ +11.4% vs 2021
2023: €6k▼ -76.9% vs 2022lowest in 7 years
2024: €20k▲ +261% vs 2023
2025: €28k▲ +38.8% vs 2024highest in 7 years
2019 → 2025
Working capital
€-20k▼ 1,843%
2024 · €-1k
2019: €12k
2020: €32k▲ +165% vs 2019
2021: €61k▲ +93.2% vs 2020highest in 7 years
2022: €36k▼ -41.6% vs 2021
2023: €22k▼ -38.9% vs 2022
2024: €-1k▼ -105% vs 2023
2025: €-20k▼ -1843% vs 2024lowest 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€60k-€70k▲ 15.9%€50k▼ 27.7%€31k▼ 38.8%€8k▼ 75.7%
2021: €60k
2022: €70k▲ +15.9% vs 2021highest in 5 years
2023: €50k▼ -27.7% vs 2022
2024: €31k▼ -38.8% vs 2023
2025: €8k▼ -75.7% vs 2024lowest in 5 years
Operating result€29k-€31k▲ 5.1%€9k▼ 69.5%€27k▲ 194%€37k▲ 34.7%
2021: €29k
2022: €31k▲ +5.1% vs 2021
2023: €9k▼ -69.5% vs 2022lowest in 5 years
2024: €27k▲ +194% vs 2023
2025: €37k▲ +34.7% vs 2024highest in 5 years
Net result€22k-€25k▲ 11.4%€6k▼ 76.9%€20k▲ 261%€28k▲ 38.8%
2021: €22k
2022: €25k▲ +11.4% vs 2021
2023: €6k▼ -76.9% vs 2022lowest in 5 years
2024: €20k▲ +261% vs 2023
2025: €28k▲ +38.8% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 35% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €96k
Fixed assets
€39k ▼ 32.6%
Current assets
€56k ▼ 9.3%
Equity and liabilities €96k
Equity
€8k ▼ 75.7%
Debt
€88k ▼ 1.7%
Debt's share of the balance-sheet total rises from 74.4% to 92.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€58k▲
2024 · €49k
Cash flow
€50k▲
2024 · €42k
Current ratio
0.74▼
2024 · 0.98
Debt to equity
11.76▲
2024 · 2.91
ROE
379.0%▲
2024 · 66.4%
ROA
29.7%▲
2024 · 17.0%
Interest coverage
65.10▲
2024 · 39.25
Debt ≤ 1 year
€76k▲
2024 · €63k
Debt > 1 year
€12k▼
2024 · €27k
Income taxes
€8k▲
2024 · €6k
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 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€121k€96k▼
Fixed assets21/28€59k€39k▼
Tangible fixed assets22/27€59k€39k▼
Furniture and vehicles24€59k€39k▼
Current assets29/58€62k€56k▼
Amounts receivable within one year40/41€19k€24k▲
Trade receivables40€16k€18k▲
Other amounts receivable41€3k€6k▲
Cash at bank and in hand54/58€40k€30k▼
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€121k€96k▼
Equity10/15€31k€8k▼
Contributions10/11€8k€8k=
Profit (loss) carried forward14€23k€0▼
Amounts payable17/49€90k€88k▼
Amounts payable after more than one year17€27k€12k▼
Financial debts170/4€27k€12k▼
Amounts payable within one year42/48€63k€76k▲
Current portion of amounts payable after more than one year42€14k€14k▲
Trade debts44€1k€2k▲
Suppliers440/4€1k€2k▲
Taxes, remuneration and social security45€6k€7k▲
Taxes450/3€6k€7k▲
Other amounts payable47/48€42k€52k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€21k▼
Other operating charges640/8€904€931▲
Non-recurring operating charges66A-€613
Gross operating margin9900€50k€60k▲
Operating profit (loss)9901€27k€37k▲
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€1k€897▼
Recurring financial charges65€1k€897▼
Profit (loss) for the period before taxes9903€26k€36k▲
Income taxes67/77€6k€8k▲
Profit (loss) for the period9904€20k€28k▲
Profit (loss) for the period to be appropriated9905€20k€28k▲
Appropriation of the result
Profit (loss) to be appropriated9906€63k€52k▼
Profit (loss) brought forward from the previous period14P€43k€23k▼
Profit to be distributed694/7€40k€52k▲
Return on contributions (dividend)694€40k€52k▲
The notes to these accounts (10 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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €15k | €0 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14k | €8k | €21k | €22k | €21k | ▼ 0.5% |
| Other operating charges640/8 | €658 | €902 | €580 | €904 | €931 | ▲ 3.1% |
| Non-recurring operating charges66A | - | - | - | - | €613 | - |
| Gross operating margin9900 | €44k | €39k | €31k | €50k | €60k | ▲ 20.2% |
| Operating profit (loss)9901 | €29k | €31k | €9k | €27k | €37k | ▲ 34.7% |
| Financial income75/76B | €0 | €0 | €0 | €0 | €0 | ▼ 100% |
| Recurring financial income75 | €0 | €0 | €0 | €0 | €0 | ▼ 100% |
| Financial charges65/66B | €266 | €375 | €2k | €1k | €897 | ▼ 28.1% |
| Recurring financial charges65 | €266 | €375 | €2k | €1k | €897 | ▼ 28.1% |
| Profit (loss) for the period before taxes9903 | €29k | €30k | €8k | €26k | €36k | ▲ 37.7% |
| Income taxes67/77 | €7k | €6k | €2k | €6k | €8k | ▲ 33.7% |
| Profit (loss) for the period9904 | €22k | €25k | €6k | €20k | €28k | ▲ 38.8% |
| Profit (loss) for the period to be appropriated9905 | €22k | €25k | €6k | €20k | €28k | ▲ 38.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €94k | €147k | €135k | €121k | €96k | ▼ 20.6% |
| Fixed assets21/28 | €10k | €97k | €77k | €59k | €39k | ▼ 32.6% |
| Tangible fixed assets22/27 | €10k | €97k | €77k | €59k | €39k | ▼ 32.6% |
| Furniture and vehicles24 | €10k | €97k | €77k | €59k | €39k | ▼ 32.6% |
| Current assets29/58 | €83k | €49k | €58k | €62k | €56k | ▼ 9.3% |
| Amounts receivable within one year40/41 | €16k | €18k | €41k | €19k | €24k | ▲ 22.7% |
| Trade receivables40 | €12k | €10k | €26k | €16k | €18k | ▲ 12.0% |
| Other amounts receivable41 | €4k | €7k | €15k | €3k | €6k | ▲ 75.5% |
| Cash at bank and in hand54/58 | €67k | €30k | €15k | €40k | €30k | ▼ 25.0% |
| Deferred charges and accrued income490/1 | €1k | €2k | €2k | €3k | €2k | ▼ 7.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €94k | €147k | €135k | €121k | €96k | ▼ 20.6% |
| Equity10/15 | €60k | €70k | €50k | €31k | €8k | ▼ 75.7% |
| Contributions10/11 | €8k | €8k | €8k | €8k | €8k | = |
| Profit (loss) carried forward14 | €53k | €62k | €43k | €23k | €0 | ▼ 100% |
| Amounts payable17/49 | €33k | €77k | €84k | €90k | €88k | ▼ 1.7% |
| Amounts payable after more than one year17 | - | €54k | €41k | €27k | €12k | ▼ 54.0% |
| Financial debts170/4 | - | €54k | €41k | €27k | €12k | ▼ 54.0% |
| Amounts payable within one year42/48 | €22k | €14k | €36k | €63k | €76k | ▲ 20.4% |
| Current portion of amounts payable after more than one year42 | €6k | €13k | €14k | €14k | €14k | ▲ 2.5% |
| Trade debts44 | €929 | €163 | €3k | €1k | €2k | ▲ 91.9% |
| Suppliers440/4 | €929 | €163 | €3k | €1k | €2k | ▲ 91.9% |
| Taxes, remuneration and social security45 | €15k | €0 | €4k | €6k | €7k | ▲ 19.0% |
| Taxes450/3 | €14k | €0 | €4k | €6k | €7k | ▲ 19.0% |
| Remuneration and social security454/9 | €1k | €0 | - | - | - | - |
| Other amounts payable47/48 | - | - | €15k | €42k | €52k | ▲ 24.5% |
| Accrued charges and deferred income492/3 | €11k | €9k | €8k | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €22k | €25k | €6k | €20k | €28k | ▲ 38.8% |
| + Depreciation and write-downs630 | €14k | €8k | €21k | €22k | €21k | ▼ 0.5% |
| Operating cash flow (approximation) | €36k | €32k | €27k | €42k | €50k | ▲ 18.6% |
| Investment in fixed assets (approximation) | - | €-95k | €-1k | €-3k | €-2k | ▲ 26.9% |
| Change in cash | - | €-37k | €-15k | €25k | €-10k | ▼ 140% |
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
05-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2019net €28k ▲38.8%
Operating result €37k, net result €28k, both a record.
09-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €6k ▼76.9%
Net result drops to €6k, the lowest in the series; recovery starts the following year.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
10-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Lede · 1 establishment unit since 2019
Ground area
497 m²
Building footprint
155 m²
Volume, LiDAR
73 m³
Parcel 41032A0168/00_000, Flanders · tallest building 4.1 m. Linked by address, not a title deed.
1 establishment unit
Koding.AI
since 20192.291.055.173
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41032A0168/00_000 | Flanders | 497 m² | 1 · 155 m² | 4.1 m |
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.
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Of 29,993 companies in sector 62200 we hold annual accounts for 18,396. 8,048 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
Founded01-07-2019
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
62900Other information technology and computer services
63100Computing infrastructure, data processing, hosting and related activities
Contact
E-mail
contact@scholte.kim
Scores and ratios are computed by Checked and are not a credit decision.