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BeCode

In liquidation Non-profit associationfounded 2016Kantersteen 12, 1000 BrusselsKBO/BCE: BE 0664.802.168
BeCode
Financial year 2024
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Annual accounts 2024

abbreviated format, filed on 27-06-2025, 34 days before the deadline
€1.7m
▲ 14.0%
-€504,170
▲ €329,218
-€706,272
▲ €152,201
-€1.2m
▼ €689,417
-177.8%
▼ 137.3 percentage points
0.25
▼ 0.44

Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €2.9m. Estimated: probably between €2.0m and €4.8m.

Balance sheet

balance sheet total €790,523 on 31-12-2024
What the company ownsHow it is paid for

in €m

in euro

Position in the sector

Compare with sector

-177.8%

Lower than 95% of 803 companies in 2024.

0.25

Lower than 95% of 800 companies in 2024.

-89.3%

Lower than 95% of 803 companies in 2024.

BeCode Middle half of the sector 80% of the sector Abbreviated accounts in education (NACE 85)

Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter · Staff: top quarter

Staff

€62,068

Staff costs divided by the average number of full-time equivalents.

level

people who joined people who left

In 2024, 20 people joined and 20 left. Training hours in 2024: 951.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20242023202220212020
Balance sheet: assets
20/58 790,5231.7m2.6m2.3m1.2m
21/28 390,409574,882578,625586,075105,419
22/27 16,86436,33648,90433,88357,141
23 ---0992
24 4,33621,72132,20115,09249,828
26 12,52714,61516,70318,7916,320
28 373,545538,545529,720552,19248,279
29/58 400,1141.2m2.1m1.7m1.1m
40/41 118,469406,1641.0m901,216105,833
40 116,961211,927186,873264,40393,376
41 1,508194,238828,232636,81312,457
54/58 122,346435,915819,799756,122567,121
490/1 159,299311,975217,37347,775432,043
Balance sheet: equity and liabilities
10/49 790,5231.7m2.6m2.3m1.2m
10/15 -1.4m-699,169177,416612,232668,738
14 -1.4m-699,169159,304612,232668,738
15 -018,113--
16 -047,000--
160/5 -047,000--
164/5 -047,000--
17/49 2.2m2.4m2.4m1.7m541,678
17 410,209407,490404,760400,000-
170/4 400,000400,000400,000400,000-
178/9 10,2097,4904,760--
42/48 1.6m1.7m1.5m1.0m351,087
43 -0250,000--
430/8 -0250,000--
44 304,031694,798238,843685,431138,360
440/4 304,031694,798238,843685,431138,360
45 401,711381,108556,132325,416212,726
450/3 87,33278,24156,305129,1425,350
454/9 314,378302,866499,826196,274207,376
47/48 920,167614,526443,360--
492/3 159,846330,183513,391268,109190,591
Income statement
76A 225----
9900 1.7m1.5m2.3m2.4m1.7m
62 1.9m2.1m2.6m2.3m1.5m
630 19,47223,72216,1834,21718,236
631/4 3,865-7,26007,260-
640/8 222,744145,04983,119128,82489,864
66A --050,000-
9901 -504,170-833,389-446,981-50,91884,351
75/76B 1,14216,0374930
75 1,14216,0374930
65/66B 203,24325,08511,9855,6372,413
65 38,24325,08511,9855,6372,413
66B 165,000----
9903 -706,272-858,473-452,928-56,50681,968
9904 -706,272-858,473-452,928-56,50681,968
9905 -706,272-858,473-452,928-56,50681,968
Appropriation of the result
9906 -1.4m-699,169159,304612,232668,738
14P -699,169159,304612,232668,738586,770
Social balance sheet
9087 31.235.543.841.833
Hours worked1013 51,42556,90872,86869,54148,289
Document PDFPDFPDFPDFPDF

The notes to these accounts have 18 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2024 (PDF), filed on 27-06-2025.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2024 abbreviated format 27-06-2025 2025-00197882 PDF
31-12-2023 abbreviated format 03-07-2024 2024-00213482 PDF
31-12-2022 abbreviated format 19-07-2023 2023-00252736 PDF
31-12-2021 abbreviated format 22-07-2022 2022-20215992 PDF
31-12-2020 abbreviated format 22-07-2022 2022-20216000 PDF

Subsidies and aid

Flemish government 2022 to 2023, 2 entries, €432,446 awarded, €173,516 paid

Digibanken
€431,551
Vlaams opleidingsverlof (VOV)
€895
Year Entries AwardedPaid
2023 1 €895€895
2022 1 €431,551€172,621

Federal government 2023 to 2024, 2 entries, €1.2m in total

Toelagen aan diverse organisaties in het kader van het Digital Belgium Skills Fund (art. 2.06.4 van de Algemene uitgavenbegroting)
€1.2m
YearDepartmentTransactionsAmount
2024FPS Policy and Support1€819,769
2023FPS Policy and Support1€343,506

European Union 2022 to 2023, 3 entries, €559,230 in total

Digital Europe Programme
€475,137
Erasmus+
€43,957
Neighbourhood, Development and International Cooperation Instrument - Global Europe ( NDICI - Global Europe )
€40,136
Year Entries Awarded
2023 1 €40,136
2022 2 €519,094

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 FORCEDigital Europe Programme, 01-01-2023 to 31-12-2025, €475,137
  • FEMME FORWARD - FAST-TRACKING WOMEN INTO NEW TECH CAREERS AND SUPPORTING SUCCESSFUL FEMALE-LED START-UPS.Erasmus+, 01-01-2023 to 31-12-2024, €43,957
  • 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 FIELDNeighbourhood, Development and International Cooperation Instrument, Global Europe, 01-12-2023 to 30-11-2025, €40,136

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20242023202220212020
-484,698-809,667-430,797-46,701102,587
-686,799-834,751-436,745-52,289100,203
-165,00024,97940,233573,44548,998
-313,570-383,88463,677189,002-
-1.2m-536,377563,942694,265753,910
-177.8%-40.4%6.7%26.7%55.2%
0.250.681.381.693.15
--13.562.740.81
---255.3%-9.2%12.3%
-89.3%-49.7%-17.2%-2.5%6.8%
-12.67-32.28-35.94-8.2842.51

Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item31-12-202431-12-202331-12-202231-12-202131-12-2020
Employees at the balance-sheet date3232484343
full-time2626413942
part-time66741
in full-time equivalents30.530.14541.542.5
31.235.543.84.233
On a permanent contract3131443832
Joined2017292729
Left2034242616
Training hours9511313,05300

Source: social balance sheet in the 2020 to 2024 annual accounts

Securities and guarantees

on own assets and for others
Item20242023202220212020
Pledge on other assets, amount secured€35,345€35,345---

Source: notes to the 2020 to 2024 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item20242023202220212020
Tangible fixed assets-€11,154€34,670€38,100€29,876
Financial fixed assets-€13,825€5,563€535,345€19,122
€19,472€23,722€16,183€4,217€18,236

Source: notes to the 2020 to 2024 annual accounts (statement of fixed assets)

Public contracts

2 awards · 2024
Competentieversterkende finaliteitsopleidingen: .Net ontwikkelaar met C# Oost-Vlaanderen
buyer: Vlaamse Dienst voor Arbeidsbemiddeling en Beroepsopleiding - Extern Verzelfstandigd AgentschapEducation and training servicesawarded 16-12-2024€892,2271 tenderTED 34223-2025
Competentieversterkende finaliteitsopleidingen: .Net ontwikkelaar met C# Oost-Vlaanderen
buyer: Vlaamse Dienst voor Arbeidsbemiddeling en Beroepsopleiding - Extern Verzelfstandigd AgentschapEducation and training servicesawarded 16-12-2024€892,2271 tenderTED 95561-2025

Source: TED (Tenders Electronic Daily), Publications Office of the European Union. The values are as the buyer published them. For a framework agreement, the value is a ceiling.

Insights on BeCode

The operating result for 2024 is a loss of €504,170, smaller than the loss of €833,389 in 2023.

Equity is negative. Debt (€2.2m) exceeds the balance-sheet total (€790,523).

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