Equity
€16,398 ▲ 4.1%
CodaSoft paid out €34,500 in dividends. That is 98% of the 2025 profit.
CodaSoft
Overview
Lifetime
2 annual accounts with figures on one time axispeak €59,469 (2024)
€59,466unchanged
peak €41,759 (2024)
€35,139▼ 15.9%
peak €16,398 (2025)
€16,398▲ 4.1%
€70,223▼ 7.5%
Board1 name since 2024
1 directorSebastien FERANDO
Documentsfilings and deeds
02-08-20262 days late
2025micro format
Dividend €34,500
Key points
from the 2025 annual accountsDebts
€70,223 81% of the balance sheet
Financial debts 12%Suppliers 0%Taxes and wages 23%Other 65%
Of this, €61,501 falls due within a year.
Position in the sector
18.9%
Lower solvency than 80% of companies in computer programming and consultancy. Sector median 60.0% · 21,208 companies.
2025 accounts filed 2 days after the deadline
Checked score
88
Excellent
Financially stronger than 49% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% 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).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
04-2025: 0.7%
05-2025: 0.7%● unchanged vs 04-2025
06-2025: 0.7%● unchanged vs 05-2025
07-2025: 0.8%▲ +0.1 percentage points vs 06-2025highest value
08-2025: 0.2%▼ -0.6 percentage points vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.3%▲ +0.1 percentage points vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.3%● unchanged vs 06-2026
08-2026: 0.5%▲ +0.2 percentage points vs 07-2026
09-2026: 0.1%▼ -0.4 percentage points vs 08-2026lowest value
10-2026: 0.2%▲ +0.1 percentage points vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
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 1.06, cash €42,836
Size: total assets €86,621
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 21% of them on solvency, 45% on liquidity, 82% on profitability and 49% 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, 7,976 companies had the same profile as CodaSoft has now. Each dot stands for 20 companies, two years later.
94.3%
were still trading
1.8%
stopped another way
3.6%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of CodaSoft itself is lower: 0.2% within 12 months. It rests on far more data about CodaSoft than the profile alone.
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 7,976 companies, not a prediction for CodaSoft. 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 €1,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.06 (1.06 in 2024), below the usual 1.5. Short-term debt is 71% and cash 49.5% of total assets. 81.1% 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
Seven signals.
lowers riskraises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 21208 sector peers (2025).
NBB · sector comparisonPosition among 21208 sector peers
Solvency
better than 20%
← weakest
strongest →
raises risk · Young company
Founded in 2024, 2 years 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
raises risk · 2025 accounts filed 2 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-08-2026, 2 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filingsDeviation from the deadline
2025
2 days late
2024
28 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 13 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.
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered-office move · Purpose change · Amendment of the articles
“Advies inzake informatica, digitale transformatie en technische bijstand; Ontwikkeling, ontwerp…” (deed in French) · Registered office clause: Lange Wagenstraat 64, 1932 Zaventem (Sint-Stevens-Woluwe) · General meeting of 15-09-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1007000055
Registered office moved within Woluwe-Saint-Lambert
New registered office: Avenue Marcel Thiry 11 Boîte 8, 1200 Woluwe Saint Lambert · Previous registered office: Avenue de la Charmille 22 Bte 35, 1200 Woluwe Saint Lambert · General meeting of 29-07-2024 · Gazette deed
Incorporation
Founding capital of €3,000, 100 shares · Founder: Sebastien FERANDO (constituant) · Appointment: Sebastien FERANDO (director) · published on 13-03-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CodaSoft Zaventem | €86,621 | €59,466 | 18.9% | - |
| CONVARE Zaventem | €77,648 | €50,790 | 94.2% | - |
| SEL CONSULTING Sint-Pieters-Leeuw | €96,608 | €56,890 | 70.9% | - |
| Innova Tech Zaventem | €87,867 | €68,084 | 67.4% | - |
| 1CPU Overijse | €104,468 | €58,659 | 51.1% | - |
| Didden Consulting Steenokkerzeel | €83,410 | €73,477 | 60.0% | - |
| Proeftuin Development Holsbeek | €84,534 | €49,134 | 77.3% | - |
These companies have the same main activity as CodaSoft: computer programming (NACE 62100). They are comparable in size and age: total assets between €77,600 and €104,000, founded between 2023 and 2024.
Official details
Source: KBO- Status
- Active since 11-03-2024Normal situation
- Activity
- Computer programmingNACE 62100and 4 others
- Establishment unit
- 2.356.773.9601200 Woluwe-Saint-Lambert, since 11-03-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 06-02-2025
Annual accounts 2025
- €59,466=
- ≈ €140,000estimated
- €35,139▼ 15.9%
- €16,398▲ 4.1%
- €86,621▼ 5.5%
- Filing
- Filed on 02-08-2026
Insights on CodaSoft
CodaSoft has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €16,398 and a net result of €35,139.
Its solvency ranks better than 20% of 21,208 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 02-08-2026, 2 days late€59,466
unchanged
€46,856
▼ 12.3%
€35,139
▼ 15.9%
€3,847
▲ 6.8%
18.9%
▲ 1.7 percentage points
1.06
▼ 0.00
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €140,000. Estimated: probably between €120,000 and €180,000.
Balance sheet
balance sheet total €86,621 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
18.9%
Higher than 20% of 21,208 companies in 2025.
1.06
Higher than 20% of 20,571 companies in 2025.
40.6%
Higher than 78% of 20,746 companies in 2025.
CodaSoft
Middle half of the sector
80% of the sector
Micro accounts in computer programming and consultancy (NACE 62)
Net result: middle half · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
86,621 | 91,699 | |
21/28 |
21,273 | 32,008 | |
22/27 |
21,218 | 31,953 | |
24 |
21,218 | 31,953 | |
28 |
56 | 56 | |
29/58 |
65,348 | 59,691 | |
40/41 |
21,742 | 15,713 | |
40 |
18,934 | 15,713 | |
41 |
2,808 | - | |
54/58 |
42,836 | 43,216 | |
490/1 |
769 | 762 | |
| Balance sheet: equity and liabilities | |||
10/49 |
86,621 | 91,699 | |
10/15 |
16,398 | 15,759 | |
10/11 |
3,000 | 3,000 | |
14 |
13,398 | 12,759 | |
17/49 |
70,223 | 75,940 | |
17 |
8,722 | 19,852 | |
170/4 |
8,722 | 19,852 | |
42/48 |
61,501 | 56,089 | |
42 |
11,129 | 10,584 | |
44 |
18 | 51 | |
440/4 |
18 | 51 | |
45 |
15,853 | 16,454 | |
450/3 |
15,853 | 16,453 | |
454/9 |
- | 2 | |
47/48 |
34,500 | 29,000 | |
| Income statement | |||
9900 |
59,466 | 59,469 | |
630 |
12,135 | 3,509 | |
640/8 |
475 | 2,512 | |
9901 |
46,856 | 53,448 | |
75/76B |
3 | - | |
75 |
3 | - | |
65/66B |
1,457 | 609 | |
65 |
1,457 | 609 | |
9903 |
45,402 | 52,839 | |
67/77 |
10,263 | 11,080 | |
9904 |
35,139 | 41,759 | |
9905 |
35,139 | 41,759 | |
| Appropriation of the result | |||
9906 |
47,898 | 41,759 | |
14P |
12,759 | - | |
694/7 |
34,500 | 29,000 | |
694 |
34,500 | 29,000 | |
| Document | |||
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 02-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 2 days after the deadline. Filed on 2 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00372278.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 58,991 | 56,957 | ||
| 47,274 | 45,268 | ||
| 1,400 | 35,518 | ||
| -379 | - | ||
| 3,847 | 3,602 | ||
| 18.9% | 17.2% | ||
| 1.06 | 1.06 | ||
| 4.28 | 4.82 | ||
| 214.3% | 265.0% | ||
| 40.6% | 45.5% | ||
| 40.49 | 93.52 |
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| Item | 2025 | 2024 |
|---|---|---|
| Tangible fixed assets | €1,400 | €35,462 |
| Financial fixed assets | - | €56 |
| €12,135 | €3,509 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on CodaSoft
The operating result for 2025 is 12% lower than in 2024.
Debt's share of the balance-sheet total falls from 82.8% to 81.1%. Equity is higher and debt is lower.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
appointed by deed of 13-03-2024
term without a fixed end
listed in the 2025 annual accounts, filed on 02-08-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “Artikel 14. Bevoegdheden van het bestuursorgaan en vertegenwoordiging van de vennootschap. a) Bestuursbevoegdheden. Als er slechts één…”deed of 25-09-2026
Mandates through the years
1 name, the dashed line is todaySebastien FERANDO
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- Sebastien FERANDO
- Director (not named in the articles), appointed by deed of 13-03-2024, still in office
Control
Capital
- Contribution
- €3,000
- Shares
- 100
- Contribution per share
- €30
- Equity per share
- €164 in 2025
- Source
- deed of 13-03-2024
Articles of association
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 25-09-2026 (in French)
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Niet-statutaire bestuurders herroepbaar ad nutum bij besluit algemene vergadering, benoemd met of zonder beperking van duur”“Vergoeding geboekt op algemene kosten, los van representatie-, reis- en verplaatsingskosten, indien bezoldigd, bepaalt algemene vergadering…”“Bestuursorgaan bepaalt of zij alleen dan wel gezamenlijk optreden, bestuursorgaan kan hen op elk ogenblik ontslaan”deed of 25-09-2026 (in French)
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Saturday of June at 14:00deed of 25-09-2026 (in French)
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditordeed of 13-03-2024 (in French)
Founder
At incorporation
deed of 13-03-2024 ↗
- Sebastien FERANDO sole founder · 100% at incorporation
Capital transactions
Capital over time
- 25-09-2026 Capital stated in the deed · 100 shares
- 13-03-2024 Incorporation · €3,000 · 100 shares
Network & group
No group
CodaSoft has no parent and no holdings in its annual accounts. Sebastien FERANDO is the only director. CodaSoft shares no director with another company.
Timeline
Timeline
7 events since 2024Filings
Establishments
Address
202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Registered-office move · Purpose change · Amendment of the articles“Advies inzake informatica, digitale transformatie en technische bijstand; Ontwikkeling, ontwerp…” (deed in French) · Registered office clause: Lange Wagenstraat 64, 1932 Zaventem (Sint-Stevens-Woluwe) · General meeting of 15-09-20265 points ▸
- General meeting, 15-09-2026
- Registered-office move, Flemish Region
- 100 shares
- Registered office clause, Lange Wagenstraat 64, 1932 Zaventem (Sint-Stevens-Woluwe)
- Power of attorney, Maxime van der Straten Waillet
- The deed holds 7 more points.
Annual accounts 2025 filed NBBmicro format · 2 days late
2025
Annual accounts 2024 filed PDFmicro format · 28 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:1007000055
2024
Registered office moved within Woluwe-Saint-LambertNew registered office: Avenue Marcel Thiry 11 Boîte 8, 1200 Woluwe Saint Lambert · Previous registered office: Avenue de la Charmille 22 Bte 35, 1200 Woluwe Saint Lambert · General meeting of 29-07-20242 points ▸
- General meeting, 29-07-2024
- Registered-office move, Avenue Marcel Thiry 11 Boîte 8, 1200 Woluwe Saint Lambert
IncorporationFounding capital of €3,000, 100 shares · Founder: Sebastien FERANDO (constituant) · Appointment: Sebastien FERANDO (director) · published on 13-03-20245 points ▸
- Founder, Sebastien FERANDO (constituant)
- Founding capital, €3,000, 100 shares
- 100 shares
- Registered office clause, avenue de la Charmille 22, boîte 35, 1200 Woluwe-Saint-Lambert
- Director appointment, Sebastien FERANDO (director (not named in the articles))
- The deed holds 4 more points.
First establishment Marcel Thirylaan 11, Woluwe-Saint-Lambert
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
On 11 March 2024, CodaSoft was incorporated as a private limited company by one natural person, with a starting capital of €3,000.12 In 2024 the registered office moved to Woluwe-Saint-Lambert.3 Sebastien FERANDO is director of the company, appointed by deed of 13-03-2024.2
Company details
Identity
- Enterprise number
- 1007.000.055
- VAT number
- BE 1007.000.055
- Peppol ID
- 0208:1007000055
- Other Peppol ID
- 9925:BE1007000055
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 11-03-2024
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Saturday of June at 14:00deed of 25-09-2026 (in French)
- Peppol
- Reachable since 06-02-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- CodaSoft in French
- Name
- CodaSoft in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 25-09-2026 (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.
- “Vlaams Gewest”deed of 25-09-2026 (in French)
Activities
NACEBEL 202562100
Computer programming main activity
Codes under NACEBEL 2008
62010
Computer programming, consultancy and related activities main activity
47410
Retail trade
62020
IT consultancy
62030
Computer programming, consultancy and related activities
62090
Computer programming, consultancy and related activities
63110
Computing infrastructure, data processing, hosting and other information service activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Advies inzake informatica, digitale transformatie en technische bijstand; Ontwikkeling, ontwerp, commercialisering, onderhoud en exploitatie…”deed of 25-09-2026 (in French)
13 activities
- Advies inzake informatica, digitale transformatie en technische bijstand
- Ontwikkeling, ontwerp, commercialisering, onderhoud en exploitatie van software, informaticatoepassingen en digitale oplossingen
- Uitgave en commercialisering van software en SaaS-oplossingen (Software as a Service)
- Datahosting, cloud computing, informatica-infrastructuur en digitale diensten
- Ontwikkeling, integratie, exploitatie en onderhoud van oplossingen inzake artificiële intelligentie, machine learning en automatisering
- Analyse, verwerking, visualisatie, opslag, valorisatie en beheer van data
- Cyberbeveiliging, informaticabeveiliging, veiligheidsaudits, IT-governance en risicobeheer
- Integratie van informaticasystemen, ERP, CRM, API's, cloudplatformen en bedrijfsoplossingen
- Ontwerp, creatie, exploitatie en onderhoud van digitale platformen, websites, mobiele applicaties en e-commerceoplossingen
- Systeembeheer, virtualisatie, DevOps, beheer van informatica-infrastructuur en managed services
- Consultancy, begeleiding, opleiding en bijstand in de voornoemde domeinen
- Onderzoek, innovatie, ontwikkeling en commercialisering van nieuwe digitale technologieën en van elk product of dienst verbonden aan de informatietechnologie
- De in- en uitvoer van alle soorten goederen en de verkoop daarvan, zowel in het groot als in het klein, alsmede het exploiteren van winkels, indien van toepassing
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Lange Wagenstraat 64 registered office 1932 Zaventem | ||
| Marcel Thirylaan 11 1200 Woluwe-Saint-Lambert | 11-03-2024 | 2.356.773.960 |
Buildings and parcels at the addresses
- Ground area
- 4,197 m²
- Buildings
- 939 m²
- Volume, LiDAR
- 12,313 m³
- Tallest building
- 18.5 m
Buildings to scale, each on its own parcel
Parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21018A0120/00T002 | Brussels | 3,179 m² | 1 · 847 m² | 18.5 m · 5 |
| 23078B0338/00Z000 | Flanders | 1,017 m² | 1 · 91 m² | 10.3 m · 2 |
Contact
E-mail
sebas.ferando@gmail.com
Phone
+32 472 35 53 18
Phone
+32 472 35 53 18 establishment in Sint-Lambrechts-Woluwe