CHAMELEON CODEWING
ActiveFinancials · financial year 2025, micro format
2025 annual accounts filed 3 days after the deadline Filed on 3 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00374006.
Annual accounts 2025 filed on 03-08-2026 at the NBB all 5 filings
Every figure per financial year
The operating result for 2025 is a profit of €3,331, after a loss of €70,119 in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €240 | €514 | €514 | €1,302 | - | - |
| Other operating charges640/8 | €50 | - | €384 | €6,444 | - | - |
| Non-recurring operating charges66A | - | - | - | €46,427 | - | - |
| Gross operating margin9900 | -€2,588 | €19,018 | €41,569 | -€15,946 | €3,331 | - |
| Operating profit (loss)9901 | -€2,878 | €18,504 | €40,671 | -€70,119 | €3,331 | - |
| Financial income75/76B | - | €184 | - | - | €2,287 | - |
| Recurring financial income75 | - | €184 | - | - | €2,287 | - |
| Non-recurring financial income76B | - | - | - | - | €2,287 | - |
| Financial charges65/66B | €132 | €73 | €72 | - | €221 | - |
| Recurring financial charges65 | €132 | €73 | €72 | - | €221 | - |
| Profit (loss) for the period before taxes9903 | -€3,010 | €18,615 | €40,599 | -€70,119 | €5,396 | - |
| Income taxes67/77 | - | €3,121 | €8,120 | - | €1,177 | - |
| Profit (loss) for the period9904 | -€3,010 | €15,494 | €32,479 | -€70,119 | €4,219 | - |
| Profit (loss) for the period to be appropriated9905 | -€3,010 | €15,494 | €32,479 | -€70,119 | €4,219 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €60,900 | €81,679 | €68,123 | €3,102 | €5,420 | ▲ 74.7% |
| Formation expenses20 | €2,330 | €1,816 | €1,302 | €0 | €0 | - |
| Current assets29/58 | €58,570 | €79,863 | €66,821 | €3,102 | €5,420 | ▲ 74.7% |
| Stocks and contracts in progress3 | €35,235 | €41,490 | €1,580 | - | - | - |
| Stocks30/36 | €35,235 | €41,490 | €1,580 | - | - | - |
| Amounts receivable within one year40/41 | €23,092 | €18,749 | €60,098 | €2,469 | €3,794 | ▲ 53.7% |
| Trade receivables40 | €13,100 | €15,665 | €55,031 | - | €1,325 | - |
| Other amounts receivable41 | €9,992 | €3,084 | €5,066 | €2,469 | €2,469 | = |
| Cash at bank and in hand54/58 | €243 | €19,624 | €5,144 | €633 | €1,626 | ▲ 157% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €60,900 | €81,679 | €68,123 | €3,102 | €5,420 | ▲ 74.7% |
| Equity10/15 | -€10 | €15,484 | €47,963 | -€22,155 | -€17,936 | ▲ 19.0% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | -€3,010 | €12,484 | €44,963 | -€25,155 | -€20,936 | ▲ 16.8% |
| Amounts payable17/49 | €60,910 | €66,195 | €20,160 | €25,257 | €23,356 | ▼ 7.5% |
| Amounts payable after more than one year17 | €17,038 | €62,499 | €8,633 | - | - | - |
| Trade debts175 | €17,038 | €62,499 | €8,633 | - | - | - |
| Amounts payable within one year42/48 | €43,872 | €3,696 | €11,527 | €25,257 | €23,356 | ▼ 7.5% |
| Trade debts44 | €43,872 | €575 | €3,385 | €1,349 | €0 | ▼ 100% |
| Suppliers440/4 | €43,872 | €575 | €3,385 | €1,349 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | €3,121 | €8,142 | €8,120 | €6,651 | ▼ 18.1% |
| Taxes450/3 | - | €3,121 | €8,142 | €8,120 | €6,651 | ▼ 18.1% |
| Other amounts payable47/48 | - | - | - | €15,788 | €16,705 | ▲ 5.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€3,010 | €15,494 | €32,479 | -€70,119 | €4,219 | - |
| + Depreciation and write-downs630 | €240 | €514 | €514 | €1,302 | - | - |
| Operating cash flow (approximation) | -€2,770 | €16,008 | €32,993 | -€68,817 | €4,219 | - |
| Change in cash | - | €19,381 | -€14,480 | -€4,511 | €993 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 2,180 companies had the same profile as CHAMELEON CODEWING has now. Two years later, 88.8% were still going and 4.8% had gone bankrupt.
- Micro
- 5 to 10 years old
- negative equity
- a profit of 5% of the balance sheet or more
Another 0.6% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of CHAMELEON CODEWING itself: 1.3% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,180 companies, not a prediction for CHAMELEON CODEWING. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Filings with the National Bank (5)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 03-08-2026 | 2026-00374006 | |
| 31-12-2024 | micro format | 10-10-2025 | 2025-00538203 | |
| 31-12-2023 | micro format | 29-08-2024 | 2024-00390643 | |
| 31-12-2022 | micro format | 24-08-2023 | 2023-00348288 | |
| 31-12-2021 | micro format | 11-08-2022 | 2022-20282264 |