BeCode
Dissolution or liquidationSummary
The KBO register records for BeCode the legal situation: dissolution or liquidation; this is today's state according to the register itself, which carries no start date. The 2024 annual accounts show negative equity (€-1.41M) and a net result of €-706k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
2021222324
2020 to 2024 · latest year €-1.41M
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
34 d early
2023
28 d early
2022
12 d early
2021
9 d early
2020
356 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€-1.41M▼ 101%
2023 · €-699k
Total assets
€791k▼ 54.3%
2023 · €1.73M
Net result
€-706k▲ 17.7%
2023 · €-858k
Working capital
€-1.23M▼ 129%
2023 · €-536k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€84k-€-51k€-447k▼ 778%€-833k▼ 86.4%€-504k▲ 39.5%
Net result€82k-€-57k€-453k▼ 702%€-858k▼ 89.5%€-706k▲ 17.7%
Equity€669k-€612k▼ 8.4%€177k▼ 71.0%€-699k€-1.41M▼ 101%
Total assets€1.21M-€2.29M▲ 89.3%€2.63M▲ 14.8%€1.73M▼ 34.3%€791k▼ 54.3%
Debt€542k-€1.68M▲ 210%€2.41M▲ 43.3%€2.43M▲ 0.9%€2.20M▼ 9.6%
Working capital€754k-€694k▼ 7.9%€564k▼ 18.8%€-536k€-1.23M▼ 129%
Staff (FTE)33-41.8▲ 26.7%43.8▲ 4.8%35.5▼ 18.9%31.2▼ 12.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €504k in 2024 against €833k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €791k
Fixed assets
€390k ▼ 32.1%
Current assets
€400k ▼ 65.3%
Key figures and ratios
EBITDA
€-485k▲
2023 · €-810k
Cash flow
€-687k▲
2023 · €-835k
Solvency
-177.8%▼
2023 · -40.4%
Current ratio
0.25▼
2023 · 0.68
Debt to equity
-1.56▲
2023 · -3.47
ROA
-89.3%▼
2023 · -49.7%
Interest coverage
-12.67▲
2023 · -32.28
Debt ≤ 1 year
€1.63M▼
2023 · €1.69M
Debt > 1 year
€410k▲
2023 · €407k
Staff costs
€1.94M▼
2023 · €2.14M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €225 | - |
| Remuneration, social security and pensions62 | €1.52M | €2.29M | €2.61M | €2.14M | €1.94M | ▼ 9.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €18k | €4k | €16k | €24k | €19k | ▼ 17.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €7k | €0 | €-7k | €4k | ▲ 153% |
| Other operating charges640/8 | €90k | €129k | €83k | €145k | €223k | ▲ 53.6% |
| Non-recurring operating charges66A | - | €50k | €0 | - | - | - |
| Gross operating margin9900 | €1.71M | €2.43M | €2.27M | €1.47M | €1.68M | ▲ 14.0% |
| Operating profit (loss)9901 | €84k | €-51k | €-447k | €-833k | €-504k | ▲ 39.5% |
| Financial income75/76B | €30 | €49 | €6k | €1 | €1k | ▲ 111,882% |
| Recurring financial income75 | €30 | €49 | €6k | €1 | €1k | ▲ 111,882% |
| Financial charges65/66B | €2k | €6k | €12k | €25k | €203k | ▲ 710% |
| Recurring financial charges65 | €2k | €6k | €12k | €25k | €38k | ▲ 52.5% |
| Non-recurring financial charges66B | - | - | - | - | €165k | - |
| Profit (loss) for the period before taxes9903 | €82k | €-57k | €-453k | €-858k | €-706k | ▲ 17.7% |
| Profit (loss) for the period9904 | €82k | €-57k | €-453k | €-858k | €-706k | ▲ 17.7% |
| Profit (loss) for the period to be appropriated9905 | €82k | €-57k | €-453k | €-858k | €-706k | ▲ 17.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.21M | €2.29M | €2.63M | €1.73M | €791k | ▼ 54.3% |
| Fixed assets21/28 | €105k | €586k | €579k | €575k | €390k | ▼ 32.1% |
| Tangible fixed assets22/27 | €57k | €34k | €49k | €36k | €17k | ▼ 53.6% |
| Plant, machinery and equipment23 | €992 | €0 | - | - | - | - |
| Furniture and vehicles24 | €50k | €15k | €32k | €22k | €4k | ▼ 80.0% |
| Other tangible fixed assets26 | €6k | €19k | €17k | €15k | €13k | ▼ 14.3% |
| Financial fixed assets28 | €48k | €552k | €530k | €539k | €374k | ▼ 30.6% |
| Current assets29/58 | €1.10M | €1.71M | €2.05M | €1.15M | €400k | ▼ 65.3% |
| Amounts receivable within one year40/41 | €106k | €901k | €1.02M | €406k | €118k | ▼ 70.8% |
| Trade receivables40 | €93k | €264k | €187k | €212k | €117k | ▼ 44.8% |
| Other amounts receivable41 | €12k | €637k | €828k | €194k | €2k | ▼ 99.2% |
| Cash at bank and in hand54/58 | €567k | €756k | €820k | €436k | €122k | ▼ 71.9% |
| Deferred charges and accrued income490/1 | €432k | €48k | €217k | €312k | €159k | ▼ 48.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.21M | €2.29M | €2.63M | €1.73M | €791k | ▼ 54.3% |
| Equity10/15 | €669k | €612k | €177k | €-699k | €-1.41M | ▼ 101% |
| Profit (loss) carried forward14 | €669k | €612k | €159k | €-699k | €-1.41M | ▼ 101% |
| Investment grants15 | - | - | €18k | €0 | - | - |
| Provisions and deferred taxes16 | - | - | €47k | €0 | - | - |
| Provisions for liabilities and charges160/5 | - | - | €47k | €0 | - | - |
| Other liabilities and charges164/5 | - | - | €47k | €0 | - | - |
| Amounts payable17/49 | €542k | €1.68M | €2.41M | €2.43M | €2.20M | ▼ 9.6% |
| Amounts payable after more than one year17 | - | €400k | €405k | €407k | €410k | ▲ 0.7% |
| Financial debts170/4 | - | €400k | €400k | €400k | €400k | = |
| Other amounts payable178/9 | - | - | €5k | €7k | €10k | ▲ 36.3% |
| Amounts payable within one year42/48 | €351k | €1.01M | €1.49M | €1.69M | €1.63M | ▼ 3.8% |
| Financial debts43 | - | - | €250k | €0 | - | - |
| Credit institutions430/8 | - | - | €250k | €0 | - | - |
| Trade debts44 | €138k | €685k | €239k | €695k | €304k | ▼ 56.2% |
| Suppliers440/4 | €138k | €685k | €239k | €695k | €304k | ▼ 56.2% |
| Taxes, remuneration and social security45 | €213k | €325k | €556k | €381k | €402k | ▲ 5.4% |
| Taxes450/3 | €5k | €129k | €56k | €78k | €87k | ▲ 11.6% |
| Remuneration and social security454/9 | €207k | €196k | €500k | €303k | €314k | ▲ 3.8% |
| Accrued charges and deferred income492/3 | €191k | €268k | €513k | €330k | €160k | ▼ 51.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €82k | €-57k | €-453k | €-858k | €-706k | ▲ 17.7% |
| + Depreciation and write-downs630 | €18k | €4k | €16k | €24k | €19k | ▼ 17.9% |
| Operating cash flow (approximation) | €100k | €-52k | €-437k | €-835k | €-687k | ▲ 17.7% |
| Investment in fixed assets (approximation) | - | €-485k | €-9k | €-20k | €165k | ▲ 926% |
| Change in cash | - | €189k | €64k | €-384k | €-314k | ▲ 18.3% |
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
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €-858k
Net result drops to €-858k, the lowest in the series.
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
22-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 356 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 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
9 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, Brussel · 3 establishment units since 2018
Ground area
3.7 ha
Building footprint
1.7 ha
Volume, LiDAR
117,297 m³
3 parcels, Brussels, Flanders, Wallonia · tallest building 26.2 m, ±7 floors. Linked by address, not a title deed.
59
companies at this address
See who is registered here
3 establishment units
BeCode Charleroi
since 20182.300.725.182
BeCode Liège
since 20182.300.725.380
BeCode Gent
since 20192.300.724.885
3 parcels
Flanders
1
(33.3%)
Wallonia
1
(33.3%)
Brussels
1
(33.3%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44032A0472/00R003 | Flanders | 1.9 ha | 1 · 8,006 m² | - |
| 62817B0418/00G002 | Wallonia | 1.3 ha | 1 · 4,913 m² | 16.3 m · 3 fl. |
| 21804D1049/00D002 | Brussels | 4,348 m² | 1 · 4,347 m² | 26.2 m · 7 fl. |
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 432,446 EUR awarded · 173,516 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 895 EUR | 895 EUR |
| 2022 | 1 | 431,551 EUR | 172,621 EUR |
Schemes
Digibanken
Vlaams opleidingsverlof (VOV)
European Union, budget
2022 to 2023 · 3 entries · 559,230 EUR in total| Year | Entries | awarded |
|---|---|---|
| 2023 | 1 | 40,136 EUR |
| 2022 | 2 | 519,094 EUR |
Projects
TECH TIME 2 SKILL - TECH TIME 2 SKILL : FOSTERING THE ACQUISITION OF THE MOST IN-DEMAND ADVANCED DIGITAL SKILLS IN AI AND CYBERSECURITY BY THE EUROPEAN LABOUR FORCE
FEMME FORWARD - FAST-TRACKING WOMEN INTO NEW TECH CAREERS AND SUPPORTING SUCCESSFUL FEMALE-LED START-UPS.
CAPACIT 4 AFRICA - CAPACIT 4 AFRICA : FOSTER COOPERATION ACROSS FRANCE, BELGIUM AND FRANCOPHONE SUB SAHARAN AFRICAN COUNTRIES BY REINFORCING CAPACITY OF AFRICAN VET PROVIDERS OF THE DIGITAL FIELD
Recognitions · licences · registrations
Quality registration as a provider
1 live approvalQuality registration as a provider
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Of 11,671 companies in sector 85599 we hold annual accounts for 1,329. 978 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formNon-profit association
Founded19-10-2016
Fiscal year end31-12
Activities, NACEBEL 2025
85599Other education
Scores and ratios are computed by Checked and are not a credit decision.