Turnover
≈ €130,000 estimated
The micro format states no turnover.
CODARISE
Lifetime
1 annual account with figurespeak €38,329 (2025)
€38,329
peak €26,053 (2025)
€26,053
peak €31,053 (2025)
€31,053
€6,703
Board1 name since 2025
1 directorTRUONG Quynh Nhu
Documentsfilings and deeds
16-06-202645 days before the deadline
2025micro format
Incorporation 26-051 establishment registeredFirst year with figures
Key points
from the 2025 annual accountsChecked score
97
Excellent
Financially stronger than 81% 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 25,933 companies (NACE 62, micro).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
06-2026: 0.4%
07-2026: 0.4%● unchanged vs 06-2026
08-2026: 0.4%● unchanged vs 07-2026
09-2026: 0.4%● unchanged vs 08-2026highest value
10-2026: 0.1%▼ -0.3 percentage points vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
1 change of registered office in 24 months
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Liquidity: current ratio 3.35, cash €13,069
Figures for financial year 2025 (filed on 16-06-2026)
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 85% of them on solvency, 76% on liquidity and 82% on profitability.
The bankruptcy probability was computed on 10-11-2026 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, 11,279 companies had the same profile as CODARISE has now. Each dot stands for 29 companies, two years later.
96.6%
were still trading
2.6%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of CODARISE 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 11,279 companies, not a prediction for CODARISE. 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 €3,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.35, above the usual 1.5. Short-term debt is 15.8% and cash 34.6% of total assets. 17.8% 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
Six signals.
lowers riskraises riskneutral
raises risk · Young company
Founded in 2025, a year ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation dateAge against the risk zone
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 16-06-2026, 45 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
45 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Registered office moved within Brussels
New registered office: Rue de la Grosse Tour 3 à 1000 Bruxelles · Previous registered office: Boulevard Adolphe Max 30, 1000 Bruxelles · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1023599923
Incorporation
Founding capital of €5,000, 100 shares · Founder: TRUONG Quynh Nhu · Appointment: TRUONG Quynh Nhu (director) · published on 26-05-2025 · Gazette deed
First establishment
Wollendriestoren 3, Brussels
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CODARISE Brussels | €37,756 | €38,329 | 82.2% | - |
| SH.SEC Brussels | €40,718 | €38,821 | 54.5% | - |
| BRUNEAU BUSINESS CONTROLLING SOLUTIONS Woluwe-Saint-Pierre | €44,241 | €39,466 | 75.6% | - |
| LANGA Ixelles | €42,155 | €38,350 | 61.9% | - |
| Keep It Smart Antwerp | €38,419 | €36,382 | 73.5% | - |
| JR Software Solutions Glabbeek | €39,419 | €40,495 | 86.2% | - |
| Bright Sherpa Hamme (Vl.) | €41,737 | €37,243 | 63.8% | - |
These companies have the same main activity as CODARISE: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €38,400 and €44,200, founded in 2025.
Official details
Source: KBO- Status
- Active since 22-05-2025Normal situation
- Activity
- Computer consultancy and computer facilities managementNACE 62200and 4 others
- Establishment unit
- 2.374.466.8591000 Brussels, since 22-05-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 09-06-2026
Annual accounts 2025
- €37,756
- Filing
- Filed on 16-06-2026, 45 days before the end of the filing period
Insights on CODARISE
CODARISE has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €31,053 and a net result of €26,053.
Its solvency ranks better than 78% of 21,208 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
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 CODARISE
- What is the company number of CODARISE?
- The company number of CODARISE is 1023.599.923. The VAT number is the same number with BE in front: BE 1023.599.923.
- Where is CODARISE based?
- The registered office is at Wollendriestoren 3, 1000 Brussels.Company details
- What does CODARISE do?
- According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
- What is the legal form of CODARISE?
- CODARISE is a private limited company (BV).
- When was CODARISE founded?
- CODARISE was founded on 22-05-2025.
- Is CODARISE still active?
- Yes, CODARISE is an active enterprise in the KBO register.
- What is the turnover of CODARISE?
- The turnover in financial year 2025 is ≈ €130,000. This figure is estimated from the gross margin of €38,329 and 63 comparable companies (NACE 62200). It probably lies between €100,000 and €180,000.Financials
- Is CODARISE profitable?
- In financial year 2025, CODARISE made a profit of €26,053.
- Where can I find the annual accounts of CODARISE?
- CODARISE filed 1 annual account with the National Bank of Belgium, for financial year 2025.
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