CODE BRUSSELS
ActiveSummary
The computed 12-month bankruptcy probability of CODE BRUSSELS is 4.4% (elevated). The 2025 annual accounts show equity of €4,927 and a net result of €2,427. Its solvency ranks better than 30% of 22044 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Financials · fiscal year 2025, micro schema
2024 to 2025, 2 fiscal years
2025 is the only fiscal year with figures: the operating result is €3,337.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
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 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Equity, Total assets.
Peer companies
Historical observationOf the 7,976 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 94% are still going.
- Micro
- 2 to 5 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 4.4% 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 497,471 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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 7,976 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.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | - | €52,577 | - |
| Gross operating margin9900 | - | €55,914 | - |
| Operating profit (loss)9901 | - | €3,337 | - |
| Profit (loss) for the period before taxes9903 | - | €3,337 | - |
| Income taxes67/77 | - | €910 | - |
| Profit (loss) for the period9904 | - | €2,427 | - |
| Profit (loss) for the period to be appropriated9905 | - | €2,427 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €2,500 | €48,296 | ▲ 1,832% |
| Current assets29/58 | €2,500 | €48,296 | ▲ 1,832% |
| Stocks and contracts in progress3 | - | €45,213 | - |
| Stocks30/36 | - | €45,213 | - |
| Amounts receivable within one year40/41 | - | €2,500 | - |
| Other amounts receivable41 | - | €2,500 | - |
| Cash at bank and in hand54/58 | €2,500 | €583 | ▼ 76.7% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €2,500 | €48,296 | ▲ 1,832% |
| Equity10/15 | €2,500 | €4,927 | ▲ 97.1% |
| Contributions10/11 | €2,500 | €2,500 | = |
| Reserves13 | - | €2,427 | - |
| Distributable reserves133 | - | €2,427 | - |
| Amounts payable17/49 | - | €43,369 | - |
| Amounts payable within one year42/48 | - | €43,369 | - |
| Trade debts44 | - | €13,541 | - |
| Suppliers440/4 | - | €13,541 | - |
| Taxes, remuneration and social security45 | - | €22,427 | - |
| Taxes450/3 | - | €22,427 | - |
| Other amounts payable47/48 | - | €7,400 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | - | €2,427 | - |
| Operating cash flow (approximation) | - | €2,427 | - |
| Change in cash | - | -€1,917 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.