Equity
€103,673 ▼ 44.9%
CODAPRIM paid out €139,000 in dividends. That is 255% of the 2025 profit.
CODAPRIM
Lifetime
9 annual accounts with figures on one time axispeak €71,149 (2025)
€71,149▲ 6.6%
peak €54,550 (2025)
€54,550▲ 9.0%
peak €191,695 (2023)
€103,673▼ 44.9%
€79,898▲ 327%
Board1 name since 2023
1 directorFURNELLE Jacques Jean Léon
Documentsfilings and deeds
10-06-202651 days before the deadline
2025micro format
Dividend €139,000Equity from €188,123 to €103,673Debts from €18,716 to €79,898
Key points
from the 2025 annual accountsChecked score
94
Excellent
Financially stronger than 52% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024lowest value
02-2025: < 0.1%● unchanged vs 01-2025lowest value
03-2025: < 0.1%● unchanged vs 02-2025lowest value
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026highest value
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
lowers risk
Liquidity: current ratio 2.24, cash €165,638
Sector: Computer programming, consultancy and related activities (NACE 62)
Size: total assets €183,571
Equity €103,673 (56.5% of total assets)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro). It does better than 49% of them on solvency, 63% on liquidity, 82% on profitability and 16% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 34,693 companies had the same profile as CODAPRIM has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of CODAPRIM itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 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 34,693 companies, not a prediction for CODAPRIM. 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.
Credit verdict
Credit of up to €9,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.24 (10.91 in 2024), above the usual 1.5. Short-term debt is 43.4% and cash 90.2% of total assets. 43.5% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
5 signals, none raises the risk
Five signals.
lowers riskneutral
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 10-06-2026, 51 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
51 days early
2024
34 days early
2023
51 days early
2022
35 days early
2021
48 days early
2020
23 days early
2019
11 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 36 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 13 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0652774960
Reappointment: FURNELLE Jacques Jean Léon (director)
Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 07-11-2023 · Gazette deed
First establishment
Rue du Vignoble 18, Braine-l'Alleud
Incorporation
published on 26-04-2016 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CODAPRIM Braine-l'Alleud | €183,571 | €71,149 | 56.5% | - |
| IlNoLogy Mont-Saint-Guibert | €173,899 | €65,393 | 89.8% | - |
| ADVANCED TASKS Chastre | €216,782 | €69,285 | 33.7% | - |
| MIND IT Nivelles | €156,761 | €71,638 | 86.0% | - |
| M26 Ittre | €164,091 | €86,461 | 72.2% | - |
| M-Tec Solutions Antwerp | €194,564 | €74,233 | 19.2% | - |
| BIG OPS Ham-sur-Heure-Nalinnes | €197,674 | €69,716 | 70.6% | - |
These companies have the same main activity as CODAPRIM: computer programming (NACE 62100). They are comparable in size and age: total assets between €157,000 and €217,000, founded between 2015 and 2016.
Official details
Source: KBO- Status
- Active since 22-04-2016Normal situation
- Activity
- Computer programmingNACE 62100and 4 others
- Establishment unit
- 2.252.430.9611420 Braine-l'Alleud, since 01-05-2016
- Financial year end
- 31 December
- Peppol
- Reachable since 29-03-2025
Annual accounts 2025
- ≈ €170,000estimated
- €183,571▼ 11.2%
- Filing
- Filed on 10-06-2026, 51 days before the end of the filing period
Insights on CODAPRIM
CODAPRIM files the micro format. That format states no turnover. The gross margin rose from €28,434 in 2017 to €71,149 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about CODAPRIM
- What is the company number of CODAPRIM?
- The company number of CODAPRIM is 0652.774.960. The VAT number is the same number with BE in front: BE 0652.774.960.
- Where is CODAPRIM based?
- The registered office is at Rue du Vignoble 18, 1420 Braine-l'Alleud.Company details
- What does CODAPRIM do?
- According to the KBO register, the main activity is computer programming (NACE 62100).
- What is the legal form of CODAPRIM?
- CODAPRIM is a private limited company (BV).
- When was CODAPRIM founded?
- CODAPRIM was founded on 22-04-2016.
- Is CODAPRIM still active?
- Yes, CODAPRIM is an active enterprise in the KBO register.
- What is the turnover of CODAPRIM?
- The turnover in financial year 2025 is ≈ €170,000. This figure is estimated from the gross margin of €71,149 and 41 comparable companies (NACE 62100). It probably lies between €140,000 and €210,000.Financials
- Is CODAPRIM profitable?
- In financial year 2025, CODAPRIM made a profit of €54,550.
- Where can I find the annual accounts of CODAPRIM?
- CODAPRIM filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CODAPRIM due?
- CODAPRIM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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