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CODAPRIM

Active Private limited companyfounded 2016active for 10 yearsRue du Vignoble 18, 1420 Braine-l'AlleudKBO/BCE: BE 0652.774.960

Overview

Lifetime

9 annual accounts with figures on one time axis
peak €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
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 accounts

Equity

€103,673 ▼ 44.9%
188,1232024+54,550Profit-139,000Dividend103,6732025

CODAPRIM paid out €139,000 in dividends. That is 255% of the 2025 profit.

Liquidity

2.24 was 10.91 in 2024

Short-term debts rose from €18,416 to €79,598.

Filings

9 annual accounts since 2017
AprilJune31 JulyOctober20202025

The last five annual accounts were filed 34 to 51 days before the end of the period.

Checked 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 strength
Strong

81-19equity 56.5% of total assets
79-21short-term debt 43.4% · cash 90.2%
100+1return on assets 29.7%

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
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

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.

The companies in ten equal groups, from the lowest to the highest expected share
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.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

5 signals, none raises the risk
Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 2.24, cash €165,638
NBB · annual accounts
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
lowers risk · Size: total assets €183,571
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Equity €103,673 (56.5% of total assets)
NBB · annual accounts
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 filings
Deviation 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 months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

Board & ownership

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
All 16 events

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
Company details

Annual accounts 2025

€71,149▲ 6.6%
≈ €170,000estimated
€54,550▲ 9.0%
€103,673▼ 44.9%
€183,571▼ 11.2%
Filing
Filed on 10-06-2026, 51 days before the end of the filing period
Financials

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.

Financials

Annual accounts 2025

micro format, filed on 10-06-2026, 51 days before the deadline
€71,149
▲ 6.6%
€68,995
▲ 6.9%
€54,550
▲ 9.0%
€98,737
▼ 45.9%
56.5%
▼ 34.5 percentage points
2.24
▼ 8.67

The turnover shown is an estimate from the gross margin.

Turnover ≈ €170,000. Estimated: probably between €140,000 and €210,000.

Balance sheet

balance sheet total €183,571 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

56.5%

Higher than 47% of 21,206 companies in 2025.

2.24

Higher than 47% of 20,569 companies in 2025.

29.7%

Higher than 67% of 20,744 companies in 2025.

CODAPRIM Middle half of the sector 80% of the sector Micro accounts in computer programming and consultancy (NACE 62)

Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202520242023202220212020201920182017
Balance sheet: assets
20/58 183,571206,839209,788174,658146,132115,786105,59980,78769,633
21/28 5,2365,9826,5078,4613,2835,25012,24216,18422,919
22/27 5,1465,8926,4178,3713,1935,16012,15216,09422,829
24 1,8562,0201,9643,3361,9123,69612,15216,09422,829
26 3,2903,8724,4535,0351,2811,464---
28 909090909090909090
29/58 178,335200,857203,281166,197142,849110,53693,35764,60346,714
40/41 12,28718,50020,56417,25111,61811,07125,09522,11222,502
40 12,28711,33311,53310,62110,33311,07125,09522,11218,569
41 07,1679,0316,6301,285---3,933
50/53 --------23,128
54/58 165,638181,973182,351148,597130,89998,34666,93341,194-
490/1 4103843663493321,1191,3291,2971,084
Balance sheet: equity and liabilities
10/49 183,571206,839209,788174,658146,132115,786105,59980,78769,633
10/15 103,673188,123191,695154,262121,22492,13869,36340,17314,662
10/11 18,60018,6006,2006,2006,2006,2006,2006,2006,200
100 ------18,60018,60018,600
101 ------12,40012,40012,400
13 84,360111,360135,360139,905107,40579,40557,40530,4056,405
130/1 ---1,8601,8601,860---
130 ------1,8601,8601,860
1311 ---1,8601,8601,860---
133 84,360111,360135,360138,045105,54577,54555,54528,5454,545
14 71358,16350,1358,1577,6196,5335,7583,5682,057
17/49 79,89818,71618,09320,39624,90823,64836,23640,61454,971
17 -----4,1679,16614,16719,167
170/4 -----4,1679,16614,16719,167
42/48 79,59818,41618,09320,39624,90819,48127,07026,44735,804
42 ---04,1665,0005,0005,00025,833
44 5,1735,2265,2241,3171,8032,9505,4492,7502,650
440/4 5,1735,2265,2241,3171,8032,9505,4492,7502,650
45 16,25413,19012,86919,07918,93911,53116,62118,6976,055
450/3 16,25413,19012,86919,07918,93911,53116,62118,6976,055
47/48 58,171-------1,266
492/3 300300-------
Income statement
9900 71,14966,77257,87749,04045,04140,86350,65845,80228,434
630 1,5471,7403,4811,9803,2887,5707,7967,56012,142
640/8 6074894433953195444913521,113
9901 68,99564,54353,95346,66541,43432,74942,37137,89015,179
65/66B 125165165293332336317719662
65 125165165293332336317719662
9903 68,87064,37853,78846,37241,10232,41342,05437,17114,517
67/77 14,32014,35011,81013,33412,0169,63812,86411,6606,055
9904 54,55050,02841,97833,03829,08622,77529,19025,5118,462
9905 54,55050,02841,97833,03829,08622,77529,19025,5118,462
Appropriation of the result
9906 112,713100,16350,13540,65735,61928,53332,75827,5688,462
14P 58,16350,1358,1577,6196,533----
791/2 27,00024,0004,545------
691/2 ---32,50028,00022,00027,00024,0006,405
6920 --------1,860
6921 ---32,50028,00022,00027,00024,0004,545
694/7 139,00066,0004,545------
694 139,00066,0004,545------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 10-06-2026.

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
31-12-2025 micro format 10-06-2026 2026-00159181 PDF
31-12-2024 micro format 27-06-2025 2025-00185482 PDF
31-12-2023 micro format 10-06-2024 2024-00117573 PDF
31-12-2022 micro format 26-06-2023 2023-00156092 PDF
31-12-2021 micro format 13-06-2022 2022-20058776 PDF
31-12-2020 full format 08-07-2021 2021-33200033 PDF
31-12-2019 full format 20-07-2020 2020-33600044 PDF
31-12-2018 full format 31-07-2019 2019-42200073 PDF
31-12-2017 full format 15-06-2018 2018-19200023 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202520242023202220212020201920182017
70,54266,28357,43448,64544,72240,31950,16745,45027,321
56,09751,76845,45935,01832,37430,34536,98633,07120,604
8011,2151,5277,1581,3215783,85482535,061
-16,335-37833,75417,69832,55331,41325,739--
98,737182,441185,188145,801117,94191,05566,28738,15610,910
56.5%91.0%91.4%88.3%83.0%79.6%65.7%49.7%21.1%
2.2410.9111.248.155.745.673.452.441.30
0.770.100.090.130.210.260.521.013.75
52.6%26.6%21.9%21.4%24.0%24.7%42.1%63.5%57.7%
29.7%24.2%20.0%18.9%19.9%19.7%27.6%31.6%12.2%
over 100over 100over 100over 100over 100----

EBIT margin: not included in this filing.

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.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€801€1,215€1,527€7,158€1,321
€1,547€1,740€3,481€1,980€3,288

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on CODAPRIM

The operating result for 2025 is 7% higher than in 2024 and the highest since 2017. It is the fifth rise in a row, after the fall in 2020.

Debt's share of the balance-sheet total rises from 9.0% to 43.5%. Equity is lower and debt is higher.

Board & ownership

Board

1 director
Director (not named in the articles)
in office according to the deed of 16-11-2023 term without a fixed end
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 16-11-2023

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today
FURNELLE Jacques Jean Léon
Director (not named in the articles)
Boardmandate already running before its first mention
Mandates as a list
  • FURNELLE Jacques Jean Léon
    • Director (not named in the articles), since before 16-11-2023

See the board, name and registered office on a given date →

Control

Capital

Contribution
€18,600
Source
2025 annual accounts

Articles of association

deed of 16-11-2023 (in French)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
100 shares
Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
“Moitié cédant moitié acquéreurs proportionnellement si plusieurs, mêmes formalités si non actionnaires de plein droit”

Network & group

No group

CODAPRIM has no parent and no holdings in its annual accounts. FURNELLE Jacques Jean Léon is the only director. CODAPRIM shares no director with another company.

At the same address

Rue du Vignoble 18, 1420 Braine-l'Alleud · 1 other company
Furnelle, Jacques (sole trader)
establishment since 16-12-2020
founded in 2020
0759.872.363

Timeline

Timeline

16 events since 2016

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 51 days before the deadline
2025
Highest result from 2017 to 2025 net €54,550 ▲9% The operating result of €68,995 and the net result of €54,550 are both a record.
Annual accounts 2024 filed PDFmicro format · 34 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:0652774960
2024
Annual accounts 2023 filed PDFmicro format · 51 days before the deadline
2023
Reappointment: FURNELLE Jacques Jean Léon (director)Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 07-11-20234 points ▸
  • General meeting, 07-11-2023
  • Legal-form conversion, from private limited company (pre-2019) to private limited company
  • Registered office clause, rue du Vignoble 18, 1420 Braine l'Alleud
  • Director reappointment, FURNELLE Jacques Jean Léon (director (not named in the articles))
  • The deed holds 3 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2022 filed PDFmicro format · 35 days before the deadline
2022
Equity above €150,000 equity €154,262 ▲27.3% With a profit in every financial year since 2017, equity grows to €154,262.
Annual accounts 2021 filed PDFmicro format · 48 days before the deadline
2021
Equity above €100,000 equity €121,224 ▲31.6% With a profit in every financial year since 2017, equity grows to €121,224.
Annual accounts 2020 filed PDFfull format · 23 days before the deadline
2020
Annual accounts 2019 filed PDFfull format · 11 days before the deadline
2019
Annual accounts 2018 filed PDFfull format · on the deadline day
2018
Annual accounts 2017 filed PDFfull format · 46 days before the deadline
2016
First establishment Rue du Vignoble 18, Braine-l'Alleud
Incorporation PDFpublished on 26-04-2016

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 22 April 2016, CODAPRIM was incorporated.1 Total assets went from €80,787 in 2018 to €183,571 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0652.774.960
VAT number
BE 0652.774.960
Peppol ID
0208:0652774960
Other Peppol ID
9925:BE0652774960
Legal form
Private limited company
Status
Active, normal situation
Founded
22-04-2016
Financial year
ends on 31 December
Peppol
Reachable since 29-03-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
CODAPRIM in French
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 16-11-2023 (in French)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Région Wallonne”
deed of 16-11-2023 (in French)

Activities

NACEBEL 2025
62100 Computer programming main activity
Codes under NACEBEL 2008
62010 Computer programming, consultancy and related activities main activity
62090 Computer programming, consultancy and related activities
63120 Computing infrastructure, data processing, hosting and other information service activities
63990 Computing infrastructure, data processing, hosting and other information service activities
85592 Vocational training
PurposeThe purpose describes the activities the company may carry out under its articles.
“L’achat et la vente,en gros ou au détail,l’importation et l’exportation,la location,le leasing,la réparation,l'entretien,la maintenance,le…”
3 activities
  1. L’achat et la vente,en gros ou au détail,l’importation et l’exportation,la location,le leasing,la réparation,l'entretien,la maintenance,le dépannage,la réalisation,la création et la distribution,de tout matériel informatique et de télécommunication au sens large,neuf et d’occasion,et de tout composant électrique ou électronique
  2. La consultance,le management,le conseil et la formation dans le domaine de l’informatique et de la télécommunication au sens large ainsi que le marketing et la gestion des droits intellectuels de produits informatiques et de télécommunication
  3. La prestation de tout service lié à l’informatique et la télécommunication,comme par exemple sans que cette liste ne soit limitative : la programmation,la recherche,l’analyse,la conception,le développement et le traitement de sites web,programmes et logiciels au sens large,ainsi que la saisie et le stockage de données
deed of 16-11-2023 (in French)

Registered office and establishments

1 establishment
Establishment Since Unit number
Rue du Vignoble 18 registered office 1420 Braine-l'Alleud 01-05-2016 2.252.430.961

Buildings and parcels at the address

Ground area
229 m²
Buildings
51 m²
Volume, LiDAR
491 m³
Tallest building
10.6 m
Buildings to scale, each on its own parcel
51 m², 10.6 m 51 m², 10.6 m

Location

registered office establishment The establishment unit on the map
2 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
25743F0459/00_000229 m² 1 · 51 m² 10.6 m · 3