Belgian Coder
The computed 12-month bankruptcy probability of Belgian Coder is 0.5% (very low). The 2025 annual accounts show equity of €3k and a net result of €28k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 12% of 2732 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €3k |
| Net result | €28k |
| Better than sector | 12% |
| Active | 4 yrs |
Mixed profile: strong on profitability, weaker on solvency.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 3.6% | 62.2% | |
| Net result | €28k | €40k | |
| Equity | €3k | €62k | |
| Gross operating margin | €52k | €63k | |
| Total assets | €84k | €120k |
| Fiscal year | 2025 |
|---|---|
| Revenue | - |
| EBITDA | €52k |
| Net profit | €28k |
| Cash flow | €44k |
| Staff costs | - |
| Income taxes | €7k |
| Dividends | €104k |
| Total assets | €84k |
| Equity | €3k |
| Debt | €81k |
| of which ≤ 1y | €81k |
| of which > 1y | - |
| Working capital | €-24k |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | 0.70 |
| Quick ratio | 0.70 |
| Working capital ratio | -29.1% |
| Solvency | 3.6% |
| Debt / equity | 26.99 |
| Long-term debt ratio | - |
| Interest coverage | 675.66 |
| Gross margin | - |
| Net margin | - |
| ROA | 32.9% |
| ROE | 920.9% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €84k |
| Fixed assets | 21/28 | €27k |
| Tangible fixed assets | 22/27 | €27k |
| Current assets | 29/58 | €57k |
| Amounts receivable within one year | 40/41 | €11k |
| Cash & bank | 54/58 | €43k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €84k |
| Equity | 10/15 | €3k |
| Contributions / capital | 10/11 | €3k |
| Reserves | 13 | €0 |
| Accumulated profits (losses) | 14 | €0 |
| Amounts payable | 17/49 | €81k |
| Amounts payable within one year | 42/48 | €81k |
| Trade debts payable within one year | 44 | €1k |
| Income statement | ||
| Gross operating margin | 9900 | €52k |
| Operating result | 9901 | €35k |
| Financial income | 75 | €38 |
| Financial charges | 65 | €76 |
| Result before taxes | 9903 | €35k |
| Income taxes | 67/77 | €7k |
| Net result for the period | 9904 | €28k |
| Result to be appropriated | 9905 | €28k |
| NACE primary | Computer programming & consultancy(62200) |
| Legal form | Private limited company(610) |
| Incorporation | 04-01-2022 |
| Status | Active |
| Postal code | 2830 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12036D0733/00X010 | Flanders | 220 m² | 1 · 71 m² | 9.5 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
15-09-2023 Registered office moved from Antwerpen to Tisselt
- KRUISHOFSTRAAT 146 BUS 96-2020 ANTWERPEN → Beukenlaan 3, 2830 Tisselt
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_administratif",
"new_address": {
"raw": "Beukenlaan 3, 2830 Tisselt",
"city": "Tisselt",
"region": "vlaams_gewest",
"street": "Beukenlaan",
"country": "BE",
"postcode": "2830",
"box_number": null,
"street_number": "3",
"locality_suffix": null
},
"old_address": {
"raw": "KRUISHOFSTRAAT 146 BUS 96-2020 ANTWERPEN",
"city": "Antwerpen",
"region": "vlaams_gewest",
"street": "Kruishofstraat",
"country": "BE",
"postcode": "2020",
"box_number": "96",
"street_number": "146",
"locality_suffix": null
},
"effective_date": "2023-07-26",
"evidence_quote": "De enige bestuurder beslist om, met ingang van 26 juli 2023, het adres van de zetel van de vennootschap te verplaatsen van Kruishofstraat 146 bus 96, 2020 Antwerpen naar Beukenlaan 3, 2830 Tisselt.",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "act_body",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": null,
"filing_date": "2023-09-04",
"act_kind_objet": "VERPLAATSING ZETEL - VOLMACHT"
},
"decision": {
"body": "enige_bestuurder",
"date": "2023-07-24",
"unanimous": true
},
"subject_company": {
"kbo": "0779.623.147",
"name_full": "BELGIAN CODER",
"legal_form": "BESLOTEN VENNOOTSCHAP",
"_kbo_filled_from_list": true
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Marc Wouters",
"org_rep_person_name": null,
"person_role_at_subject": "enige bestuurder"
},
"co_filed_documents": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | Belgian Coder |