Code Breakers
ActiveSummary
Code Breakers has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €18,600 and a net result of €60,494. Equity has been shrinking by about 19% per year since 2019. If that trend continues, it turns negative around financial year 2027. Its solvency ranks better than 11% of 21,148 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 26-11-2015 Normal situation
- Activity
- Computer consultancy and computer facilities management NACE 62200and 4 others
- Establishment unit
- 2.249.910.545 9200 Dendermonde, since 01-01-2016
- Financial year end
- 30 September
- Peppol
- Reachable since 24-11-2023
Board and ownership
- Pannecoeck JanDirector · since 10-03-2021
- Van den Broeck LienDirector · since 10-03-2021
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €105,776
- ▼ 17.8%
- Turnover
- ≈ €160,000
- estimated
- Profit
- €60,494
- ▼ 21.2%
- Equity
- €18,600
- ▼ 59.2%
- Total assets
- €420,744
- ▼ 1.1%
Score breakdownraises riskEquity €18,600 (4.4% of total assets)lowers riskSize: total assets €420,744Sector: Computer programming, consultancy and related activities (NACE 62)Liquidity: current ratio 0.45, cash €83,673Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 12% of them on solvency, 23% on liquidity, 49% on profitability and 12% on growth.
The bankruptcy probability was computed on 01-11-2026 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.
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).
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Signals
The company filed its last 7 accounts on average 90 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)
Key points
- Caution: Lower solvency than 89% of companies in computer programming and consultancysector median 60.0% · 21,148 companies 4.4% View
- Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
- Positive: 7 profitable years in a rowprofit 2025: €60,494 7 years View
Recent changes
- · Gazette deed Capital increase of €15,600 to €18,600
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as Code Breakers: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €366,000 and €498,000, founded between 2015 and 2017.
| Company | Total assets | Gross margin |
|---|---|---|
| Code Breakers Dendermonde | €420,744 | €105,776 |
| ASKFRED Wetteren | €414,174 | €108,085 |
| Scope-IT Maarkedal | €443,351 | €97,915 |
| KAREL PRENEEL DYNAMIC CONSULTING Sint-Niklaas | €366,326 | €101,984 |
| Xantis Waasmunster | €498,037 | €106,989 |
| DEMINGWAY Kruisem | €441,092 | €122,353 |
| Whetstone Consulting Gent | €413,320 | €96,437 |
Key facts about Code Breakers
- What is the company number of Code Breakers?
- The company number of Code Breakers is 0643.652.804. The VAT number is the same number with BE in front: BE 0643.652.804.
- Where is Code Breakers based?
- The registered office is at Gentsesteenweg (DEN) 50, 9200 Dendermonde.Company details
- What does Code Breakers do?
- According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
- What is the legal form of Code Breakers?
- The legal form of Code Breakers is Private limited company (BV).
- When was Code Breakers founded?
- Code Breakers was founded on 26-11-2015.
- Is Code Breakers still active?
- Yes, Code Breakers is an active enterprise in the KBO register.
- What is the turnover of Code Breakers?
- The turnover in financial year 2025 is ≈ €160,000. This figure is estimated from the gross margin of €105,776 and 42 comparable companies (NACE 62200). It probably lies between €150,000 and €200,000.Financials
- Is Code Breakers profitable?
- In financial year 2025, Code Breakers made a profit of €60,494.
- Where can I find the annual accounts of Code Breakers?
- Code Breakers filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Code Breakers due?
- Code Breakers must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
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