Losses
-€10,807 in eleven years
Every financial year from 2015 to 2025 closed with a loss. 2016 was the heaviest.
CODE B
Lifetime
12 annual accounts with figures on one time axispeak €29,396 (2014)
-€605unchanged
lowest -€2,579 (2016)
-€605unchanged
peak €24,540 (2014)
€13,733▼ 4.2%
€2,133▲ 39.6%
Board3 names since 2018
2 directors and 1 other
Documentsfilings and deeds
30-09-202661 days late
2025micro format
Loss of €605Debts from €1,528 to €2,133
Key points
from the 2025 annual accountsLiquidity
7.44 was 10.38 in 2024
Short-term debts rose from €1,528 to €2,133.
Filings
12 annual accounts 61 days
Latest accounts filed late: after the legal deadline.
Turnover not published (micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 6,920 companies had the same profile as CODE B has now. Each dot stands for 18 companies, two years later.
90.7%
were still trading
8.0%
stopped another way
1.1%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 6,920 companies, not a prediction for CODE B. 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
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered office moved from Anderlecht to Sint-Genesius-Rode
New registered office: Windmolen 28, 1640 Rhode-Saint-Genèse · Previous registered office: Rue du Pommier, 270 à 1070 Anderlecht · General meeting of 13-12-2017 · Gazette deed
Incorporation
published on 10-12-2013 · Gazette deed
Official details
Source: KBO- Status
- Active since 28-11-2013Normal situation
- Activity
- No activity registered in the KBO
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Insights on CODE B
CODE B files the micro format. That format states no turnover. The gross margin fell from €29,396 in 2014 to -€605 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 CODE B
- What is the company number of CODE B?
- The company number of CODE B is 0542.536.242. The VAT number is the same number with BE in front: BE 0542.536.242.
- Where is CODE B based?
- The registered office is at Windmolen 28, 1640 Sint-Genesius-Rode.Company details
- What is the legal form of CODE B?
- CODE B is a private limited company (pre-2019) (BVBA).
- When was CODE B founded?
- CODE B was founded on 28-11-2013.
- Is CODE B still active?
- Yes, CODE B is an active enterprise in the KBO register.
- What is the turnover of CODE B?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is CODE B profitable?
- In financial year 2025, CODE B made a loss of €605.
- Where can I find the annual accounts of CODE B?
- CODE B filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CODE B due?
- CODE B must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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