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CODE Architecte

Active
Private limited companyfounded 20187 yrs activeRue des Faucons(BU) 69, 5004 Namur, BelgiumKBO/BCE: BE 0716.946.301
Summary

CODE Architecte has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €175,416 and a net result of €25,416. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 29% of 825 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Activity
Activities of interior architects
NACE 71112Activities of building architects NACE 71111
1 site
Size
€756,397total assets 2025
Equity
€175,416
Profit
€25,416
Financial health
70 Healthy Checked score 2025
Bankruptcy chance 12 m
0.6%
Structure
Accounts 63 d early0 of 3 deeds read
Why 70- Liquidity: current ratio 1.03, cash €1,978- 1 change of registered office in 24 months+ Sector Architectural and engineering activities; technical testing and analysis (NACE 71)+ Size: total assets €756,397Show the evidence

Checked score

Score 2025
70 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 48% of its sector peers (NACE 71, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Average
Solvency 48-34
equity 23.2% of total assets
Liquidity 50+15
short-term debt 2.7% · cash 0.3%
Profitability 73+1
return on assets 3.4%
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (14,650 companies)
Last 24 months 11-2024: < 0.1%lowest value 12-2024: < 0.1%● 0.0% vs 11-2024lowest value 01-2025: < 0.1%▲ +2.8% vs 12-2024 02-2025: < 0.1%● 0.0% vs 01-2025 03-2025: < 0.1%▲ +2.7% vs 02-2025 04-2025: < 0.1%▲ +2.6% vs 03-2025 05-2025: < 0.1%▲ +10.3% vs 04-2025 06-2025: 0.2%▲ +384% vs 05-2025 07-2025: 0.2%● 0.0% vs 06-2025 08-2025: 0.2%● 0.0% vs 07-2025 09-2025: 0.2%● 0.0% vs 08-2025 10-2025: 0.6%▲ +166% vs 09-2025 11-2025: 0.6%● 0.0% vs 10-2025 12-2025: 0.6%● 0.0% vs 11-2025 01-2026: 0.6%▼ -0.2% vs 12-2025 02-2026: 0.6%● 0.0% vs 01-2026 03-2026: 0.6%● 0.0% vs 02-2026 04-2026: 0.6%▲ +8.0% vs 03-2026 05-2026: 0.6%▲ +6.4% vs 04-2026highest value 06-2026: 0.6%▼ -2.8% vs 05-2026 07-2026: 0.6%▼ -1.6% vs 06-2026 08-2026: 0.6%▼ -1.0% vs 07-2026 09-2026: 0.6%● 0.0% vs 08-2026 10-2026: 0.6%▼ -3.0% vs 09-2026
  • Liquidity: current ratio 1.03, cash €1,978 raises the probability
  • 1 change of registered office in 24 months raises the probability
  • Sector Architectural and engineering activities; technical testing and analysis (NACE 71) lowers the probability
  • Size: total assets €756,397 lowers the probability for this profile
Credit up to €12,000 at 30 days acceptable
Liquidity tight (current ratio 1.03 against 0.67 in 2024; short-term debt: 2.7% and cash: 0.3% of total assets), and 76.8% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 71, micro). Better than this share of them on solvency 25%, liquidity 34%, profitability 37%, growth against the median 98%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

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

Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Liquidity: current ratio 1.03, cash €1,978
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
In the bankruptcy model this factor raises the probability.
Belgian State Gazette
lowers risk · Sector Architectural and engineering activities; technical testing and analysis (NACE 71)
In the bankruptcy model this factor lowers the probability.
KBO
lowers risk · Size: total assets €756,397
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year €175,416
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 29-05-2026, 63 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
63 d early
2024
69 d early
2023
99 d early
2022
102 d early
2021
53 d early
2020
31 d early
2019
17 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 62 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 34% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 23 May (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
03-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · full…
  2. Highest result since 2019net €25,416 ▲1,179%
  3. Equity above €150,000Eq €175,416 ▲356%

Financials · fiscal year 2025, full schema

Turnover
€38,948
EBIT margin
-30.8%
Net result
€25,416▲ 1,179%
2024 · €1,987
Working capital
€507
2024 · -€9,384
Trend over the years

2021 to 2025, 5 fiscal years 2019 to 2025, 7 fiscal years

After the dip in 2023 the operating result has climbed two years in a row; 2025 is 1,018% above 2024 and is the highest result in the available series.

What the company sold each fiscal year and what was left of it. A loss stands below the zero line.

Operating result€34,346 2025 Net result€25,416 2025

Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line2019202020212022202320242025
Turnover€38,948
Operating result€1,092--€10,154-€11,995▼ 18.1%€12,783€3,062▼ 76.0%€3,072▲ 0.3%€34,346▲ 1,018%
Net result€269--€10,340below the sector's middle half-€12,152below the sector's middle half▼ 17.5%€12,739within the sector's middle half€3,030within the sector's middle half▼ 76.2%€1,987within the sector's middle half▼ 34.4%€25,416within the sector's middle half▲ 1,179%
EBIT margin-30.8%
Equity€6,213--€4,127below the sector's middle half-€3,879below the sector's middle half▲ 6.0%€33,861below the sector's middle half€36,801below the sector's middle half▲ 8.7%€38,486below the sector's middle half▲ 4.6%€175,416within the sector's middle half▲ 356%
Total assets€12,292-€10,477below the sector's middle half▼ 14.8%€7,017below the sector's middle half▼ 33.0%€35,906below the sector's middle half▲ 412%€37,042below the sector's middle half▲ 3.2%€66,968below the sector's middle half▲ 80.8%€756,397within the sector's middle half▲ 1,029%
Debt€6,079-€14,604▲ 140%€10,896▼ 25.4%€2,045▼ 81.2%€241▼ 88.2%€28,482▲ 11,718%€580,981▲ 1,940%
Working capital-€1,489--€8,789below the sector's middle half▼ 490%-€3,921below the sector's middle half▲ 55.4%€31,700within the sector's middle half€35,346within the sector's middle half▲ 11.5%-€9,384below the sector's middle half€507below the sector's middle half
Solvency50.5%--39.4%below the sector's middle half▼ 89.9pp-55.3%below the sector's middle half▼ 15.9pp94.3%above the sector's middle half▲ 149.6pp99.3%above the sector's middle half▲ 5.0pp57.5%within the sector's middle half▼ 41.9pp23.2%within the sector's middle half▼ 34.3pp
Current ratio0.76-0.40below the sector's middle half▼ 0.360.64below the sector's middle half▲ 0.2416.50above the sector's middle half▲ 15.860.67below the sector's middle half1.03below the sector's middle half▲ 0.35
Return on assets (ROA)2.2%--98.7%below the sector's middle half▼ 100.9pp-173.2%below the sector's middle half▼ 74.5pp35.5%above the sector's middle half▲ 208.7pp8.2%within the sector's middle half▼ 27.3pp3.0%within the sector's middle half▼ 5.2pp3.4%within the sector's middle half▲ 0.4pp
above within below the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €747,255
Fixed assets €726,628 ▲ 1,418%
Current assets €20,627 ▲ 8.0%
Equity and liabilities €756,397
Equity €175,416 ▲ 356%
Debt €580,981 ▲ 1,940%
Debt's share of the balance-sheet total rises from 42.5% to 76.8%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€35,386▲
2024 · €3,778
Cash flow
€26,456▲
2024 · €2,693
Debt to equity
3.31▲
2024 · 0.74
ROE
14.5%▲
2024 · 5.2%
Interest coverage
12.75▲
2024 · 10.79
Debt ≤ 1 year
€20,120▼
2024 · €28,482
Debt > 1 year
€560,861
Income taxes
€6,154▲
2024 · €1,509
Staff costs
€4,880
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,372 companies that looked in July 2024 the way this one looks now, 1.9% went bankrupt within 24 months and 97% are still going.

  • Small
  • 5 to 10 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
1.9% went bankrupt
1.4% stopped otherwise
97% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,450 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,372 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet Code20242025
Assets
Total assets20/58€66,968€756,397▲
Formation expenses20-€9,142
Fixed assets21/28€47,870€726,628▲
Tangible fixed assets22/27€47,828€726,376▲
Furniture and vehicles24€706-
Assets under construction and advance payments27€47,122€726,376▲
Financial fixed assets28€42€252▲
Current assets29/58€19,098€20,627▲
Amounts receivable within one year40/41€1,019€12,161▲
Trade receivables40-€5,925
Other amounts receivable41€1,019€6,236▲
Cash at bank and in hand54/58€3,079€1,978▼
Deferred charges and accrued income490/1€15,000€6,488▼
Equity and liabilities
Total equity and liabilities10/49€66,968€756,397▲
Equity10/15€38,486€175,416▲
Contributions10/11€21,121€150,000▲
Profit (loss) carried forward14€17,365€25,416▲
Amounts payable17/49€28,482€580,981▲
Amounts payable after more than one year17-€560,861
Financial debts170/4-€560,861
Amounts payable within one year42/48€28,482€20,120▼
Current portion of amounts payable after more than one year42-€17,939
Trade debts44€646€2,181▲
Suppliers440/4€646€2,181▲
Taxes, remuneration and social security45€357-
Taxes450/3€357-
Other amounts payable47/48€27,479-
Income statement Code20242025
Remuneration, social security and pensions62-€4,880
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€706€1,040▲
Other operating charges640/8€673€295▼
Gross operating margin9900€4,451€40,561▲
Operating profit (loss)9901€3,072€34,346▲
Financial income75/76B€774-
Recurring financial income75€774-
Financial charges65/66B€350€2,776▲
Recurring financial charges65€350€2,776▲
Profit (loss) for the period before taxes9903€3,496€31,570▲
Income taxes67/77€1,509€6,154▲
Profit (loss) for the period9904€1,987€25,416▲
Profit (loss) for the period to be appropriated9905€1,987€25,416▲
Appropriation of the result
Profit (loss) to be appropriated9906€17,365€42,781▲
Profit (loss) brought forward from the previous period14P€15,378€17,365▲
Transfer to equity691/2-€17,365
To contributions691-€17,365

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022202320242025Change
Turnover70--€38,948-----
Goods, raw materials, services and sundry goods60/61--€45,735-----
Remuneration, social security and pensions62------€4,880-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,830€4,123€4,620-€706€706€1,040▲ 47.3%
Other operating charges640/8--€588€596€656€673€295▼ 56.2%
Gross operating margin9900€5,620-€5,439-€6,787€13,379€4,424€4,451€40,561▲ 811%
Operating profit (loss)9901€1,092-€10,154-€11,995€12,783€3,062€3,072€34,346▲ 1,018%
Financial income75/76B----€664€774--
Recurring financial income75----€664€774--
Financial charges65/66B--€130€44€40€350€2,776▲ 693%
Recurring financial charges65€130€48€130€44€40€350€2,776▲ 693%
Profit (loss) for the period before taxes9903€962-€10,202-€12,125€12,739€3,686€3,496€31,570▲ 803%
Income taxes67/77€693€138€27-€656€1,509€6,154▲ 308%
Profit (loss) for the period9904€269-€10,340-€12,152€12,739€3,030€1,987€25,416▲ 1,179%
Profit (loss) for the period to be appropriated9905€269-€10,340-€12,152€12,739€3,030€1,987€25,416▲ 1,179%
Line2019202020212022202320242025Change
Assets
Total assets20/58€12,292€10,477€7,017€35,906€37,042€66,968€756,397▲ 1,029%
Formation expenses20€783€392----€9,142-
Fixed assets21/28€6,919€4,270€42€2,161€1,455€47,870€726,628▲ 1,418%
Tangible fixed assets22/27€6,876€4,228-€2,119€1,413€47,828€726,376▲ 1,419%
Furniture and vehicles24---€2,119€1,413€706--
Assets under construction and advance payments27-----€47,122€726,376▲ 1,441%
Financial fixed assets28€43€42€42€42€42€42€252▲ 500%
Current assets29/58€4,590€5,815€6,975€33,745€35,587€19,098€20,627▲ 8.0%
Amounts receivable within one year40/41€3,152€1,056€471€3,000€14,095€1,019€12,161▲ 1,093%
Trade receivables40---€3,000--€5,925-
Other amounts receivable41--€471-€14,095€1,019€6,236▲ 512%
Cash at bank and in hand54/58€725€4,020€6,059€30,745€21,114€3,079€1,978▼ 35.8%
Deferred charges and accrued income490/1--€445-€378€15,000€6,488▼ 56.7%
Equity and liabilities
Total equity and liabilities10/49€12,292€10,477€7,017€35,906€37,042€66,968€756,397▲ 1,029%
Equity10/15€6,213-€4,127-€3,879€33,861€36,801€38,486€175,416▲ 356%
Contributions10/11€6,200€6,200€18,600€21,122€21,121€21,121€150,000▲ 610%
Capital10--€18,600-----
Issued capital100--€18,600-----
Reserves13€13€13€13-----
Non-distributable reserves130/1--€13-----
Legal reserve130--€13-----
Profit (loss) carried forward14--€10,340-€22,492€12,739€15,680€17,365€25,416▲ 46.4%
Amounts payable17/49€6,079€14,604€10,896€2,045€241€28,482€580,981▲ 1,940%
Amounts payable after more than one year17------€560,861-
Financial debts170/4------€560,861-
Amounts payable within one year42/48€6,079€14,604€10,896€2,045€241€28,482€20,120▼ 29.4%
Current portion of amounts payable after more than one year42------€17,939-
Trade debts44€190€836---€646€2,181▲ 238%
Suppliers440/4-----€646€2,181▲ 238%
Taxes, remuneration and social security45--€117€1,997€241€357--
Taxes450/3--€117€1,997€241€357--
Other amounts payable47/48--€10,779€48-€27,479--
Line2019202020212022202320242025Change
Profit (loss) for the period9904€269-€10,340-€12,152€12,739€3,030€1,987€25,416▲ 1,179%
+ Depreciation and write-downs630€3,830€4,123€4,620-€706€706€1,040▲ 47.3%
Operating cash flow (approximation)€4,099-€6,217-€7,532€12,739€3,736€2,693€26,456▲ 882%
Investment in fixed assets (approximation)--€1,474-€392-€2,119€0-€47,121-€679,798▼ 1,343%
Change in cash-€3,295€2,039€24,686-€9,631-€18,035-€1,101▲ 93.9%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Similar companies · same sector, comparable size

Of 3,924 companies in this sector we hold annual accounts for 1,309. 998 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Directors

Directors
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

CODE Architecte was incorporated on 28 December 2018.1 Total assets rose from €12,292 in 2019 to €756,397 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

Acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
29-05
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial Highest result since 2019net €25,416 ▲1,179%
Operating result €34,346, net result €25,416, both a record.
31-12
Financial Equity above €150,000Eq €175,416 ▲356%
4 profitable years in a row build equity to €175,416.
23-05
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
23-04
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial Liquidity times 9current ratio 147.66
Current ratio from 16.50 to 147.66; short-term debt falls from €2,045 to €241.
20-04
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial Back to profitnet €12,739
Net result €12,739 after 2 loss-making years.
31-12
Financial Liquidity times 26current ratio 16.50
Current ratio from 0.64 to 16.50; short-term debt falls from €10,896 to €2,045.
08-06
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial Weakest financial yearnet -€12,152
Net result drops to -€12,152, the lowest in the series; recovery starts the following year.
30-06
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
14-07
NBB filing Annual accounts filed
fiscal year 2019 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPrivate limited company
Founded28-12-2018
Fiscal year end31-12
Activities, NACEBEL 2025
71111Activities of building architects
71112Activities of interior architects
Contact
E-mail Cd@code-architecte.beNamur
Phone +32472675443Namur
E-invoicing
Reachable via Peppol
Peppol ID 0208:0716946301
Registered 20-11-2020

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 2 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Recognitions · licences · registrations

Legal Entity Identifier

98450092EBDB00D9AZ30
no longer live in the LEI register

Sites & property

Location & real-estate footprint
Registered office, Namur · 1 establishment unit since 2019
seat establishment The establishment unit on the map
Ground area
1,075 m²
Parcel 92021F0004/00F002, Wallonia. Linked by address, not a title deed.
1 establishment unit
Code Architecte sprl
Rue des Faucons(BU) 69, 5004 NamurActivities of building architects
since 2019unit no. 2.283.045.151
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
92021F0004/00F002 Wallonia 1,075 m² - -
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.