CODE COMMUNICATION
ActiveCODE COMMUNICATION has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €103k and a net result of €57k. Equity is growing by ~44.7% per year across the filed fiscal years. Its solvency ranks better than 61% of 17007 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
92
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency95▲+33
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 3.36 against 1.59 in 2024; short-term debt: 29.6% and cash: 65.8% of total assets), and 29.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
70.1%
Return on assets
38.6%
Age of the figures
9 mo
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 04-06-2026, 57 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
57 d early
2024
73 d early
2023
58 d early
2022
46 d early
2021
111 d early
2020
95 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€103k▲ 122%
2024 · €46k
2020: €13k
2021: €9k
2022: €25k
2023: €30k
2024: €46k
2020 → 2025
Total assets
€147k▲ 18.9%
2024 · €123k
2020: €36k
2021: €49k
2022: €83k
2023: €69k
2024: €123k
2020 → 2025
Net result
€57k▲ 1.5%
2024 · €56k
2020: €3k
2021: €-4k
2022: €16k
2023: €6k
2024: €56k
2020 → 2025
Working capital
€103k▲ 127%
2024 · €45k
2020: €9k
2021: €7k
2022: €16k
2023: €29k
2024: €45k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€9k-€25k▲ 173%€30k▲ 22.2%€46k▲ 51.8%€103k▲ 122%
Operating result€-665-€25k€11k▼ 56.0%€74k▲ 577%€76k▲ 1.9%
Net result€-4k-€16k€6k▼ 65.0%€56k▲ 907%€57k▲ 1.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 2% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €147k
Fixed assets
€578▼ 59.8%
Current assets
€146k▲ 19.8%
Equity and liabilities €147k
Equity
€103k▲ 122%
Debt
€44k▼ 43.2%
The debt ratio falls from 62.5% to 29.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€77k▲
2024 · €75k
Cash flow
€57k▲
2024 · €57k
Solvency
70.1%▲
2024 · 37.5%
Current ratio
3.36▲
2024 · 1.59
Quick ratio
3.36▲
2024 · 1.59
Debt / equity
0.43▼
2024 · 1.67
ROE
55.0%▼
2024 · 120.6%
ROA
38.6%▼
2024 · 45.2%
Interest coverage
48.98▲
2024 · 33.51
Debt
€44k▼
2024 · €77k
Debt ≤ 1 year
€44k▼
2024 · €77k
Income taxes
€18k▲
2024 · €16k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€123k€147k▲
Fixed assets21/28€1k€578▼
Tangible fixed assets22/27€1k€578▼
Furniture and vehicles24€1k€578▼
Current assets29/58€122k€146k▲
Amounts receivable within one year40/41€41k€40k▼
Trade receivables40€41k€38k▼
Other amounts receivable41€580€2k▲
Cash at bank and in hand54/58€66k€97k▲
Deferred charges and accrued income490/1€14k€10k▼
Equity and liabilities
Total equity and liabilities10/49€123k€147k▲
Equity10/15€46k€103k▲
Contributions10/11€10k€10k=
Reserves13-€33k
Tax-exempt reserves132-€33k
Profit (loss) carried forward14€36k€60k▲
Amounts payable17/49€77k€44k▼
Amounts payable within one year42/48€77k€44k▼
Trade debts44€8k€6k▼
Suppliers440/4€8k€6k▼
Taxes, remuneration and social security45€24k€25k▲
Taxes450/3€19k€20k▲
Remuneration and social security454/9€4k€4k▲
Other amounts payable47/48€46k€13k▼
Accrued charges and deferred income492/3€463€375▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€930€861▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-2k-
Other operating charges640/8€3k€706▼
Gross operating margin9900€76k€77k▲
Operating profit (loss)9901€74k€76k▲
Financial income75/76B€63€0▼
Recurring financial income75€63€0▼
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€72k€74k▲
Income taxes67/77€16k€18k▲
Profit (loss) for the period9904€56k€57k▲
Transfer to tax-exempt reserves689-€33k
Profit (loss) for the period to be appropriated9905€56k€23k▼
Appropriation of the result
Profit (loss) to be appropriated9906€76k€60k▼
Profit (loss) brought forward from the previous period14P€20k€36k▲
Profit to be distributed694/7€40k-
Return on contributions (dividend)694€40k-
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
04-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2020net €57k ▲1.5%
Operating result €76k, net result €57k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 3.36
Current ratio from 1.59 to 3.36; short-term debt falls from €77k to €44k.
31-12
Financial
Equity above €100kEq €103k ▲122%
4 profitable years in a row build equity to €103k.
19-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
03-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
15-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
11-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-4k ▼230%
Net result drops to €-4k, the lowest in the series; recovery starts the following year.
27-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Esneux · 2 establishment units since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue de la Corniche 304130 EsneuxGround area
1,064 m²
Building footprint
401 m²
Volume, LiDAR
2,654 m³
2 parcels, Wallonia · tallest building 11.2 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
CODE COMMUNICATION
since 20192.289.122.695
CODE COMMUNICATION
since 20192.289.122.794
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62032E0836/00S004 | Wallonia | 957 m² | 1 · 132 m² | 5.0 m · 1 fl. |
| 62068A0083/00M000 | Wallonia | 107 m² | 1 · 269 m² | 11.2 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Yeevel
BE 0778.233.077
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Elene VERHOEVEN
BE 0759.804.166
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S2-Solutions
BE 0799.656.815
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PIVAPLUS
BE 0781.314.709
Oudenaarde · Eq €103k
DATA MAGNETS
BE 1003.344.937
Hemiksem · Eq €103k
Of 30,000 companies in sector 62200 we hold annual accounts for 18,392. 15,556 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-05-2019
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
60310News agency activities
63910Computing infrastructure, data processing, hosting and other information service activities
70200Business and other management consultancy
70210Activities of head offices; management consultancy activities
70220Business consulting
73110Advertising agencies
73300Public relations and communication consultancy
74103Other professional, scientific and technical activities
74120Graphic design and visual communication
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:info@code-communication.be