Equity
€102,919 ▲ 122%
Equity rose in 2025 from €46,291 to €102,919.
CODE COMMUNICATION
Overview
Lifetime
6 annual accounts with figures on one time axispeak €77,407 (2025)
€77,407▲ 1.8%
lowest -€3,773 (2021)
€56,628▲ 1.5%
peak €102,919 (2025)
€102,919▲ 122%
€43,883▼ 43.2%
Board2 names since 2019
2 directors and 1 other
Documentsfilings and deeds
04-06-202657 days before the deadline
2025micro format
Equity from €46,291 to €102,919Debts from €77,199 to €43,883Cash from €66,297 to €96,663
Key points
from the 2025 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 26,969 companies had the same profile as CODE COMMUNICATION has now. Each dot stands for 68 companies, two years later.
94.9%
were still trading
3.4%
stopped another way
1.6%
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 497,331 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 26,969 companies, not a prediction for CODE COMMUNICATION. 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
Board and ownership
Director, since 09-05-2019
Director, since 09-05-2019
- 50 sharesdeed of 13-05-2019
- 50 sharesdeed of 13-05-2019
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0726581072
Incorporation
Founding capital of €10,000, 100 shares · Founders: and · Appointments: (director) and (director) · published on 13-05-2019 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CODE COMMUNICATION Esneux | €146,802 | €77,407 | 70.1% | - |
| VaMos Liège | €173,964 | €73,067 | 60.2% | - |
| A2NS CONSULT Chapelle-lez-Herlaimont | €142,439 | €79,886 | 25.6% | - |
| Ekco Lokeren | €152,117 | €78,283 | 12.2% | - |
| KASA Digital Overijse | €149,634 | €74,582 | 56.5% | - |
| dewidewa Ternat | €146,559 | €79,791 | 69.0% | - |
| 5all Meise | €147,519 | €74,070 | 19.2% | - |
These companies have the same main activity as CODE COMMUNICATION: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €142,000 and €174,000, founded between 2018 and 2019.
Official details
Source: KBO- Status
- Active since 09-05-2019Normal situation
- Activity
- Computer consultancy and computer facilities managementNACE 62200and 5 others
- Establishment units
- 2.289.122.6954130 Esneux, since 09-05-2019
- 2.289.122.7944623 Fléron, since 09-05-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 20-11-2020
Annual accounts 2025
- €77,407▲ 1.8%
- ≈ €150,000estimated
- €56,628▲ 1.5%
- €102,919▲ 122%
- €146,802▲ 18.9%
- Filing
- Filed on 04-06-2026, 57 days before the end of the filing period
Insights on CODE COMMUNICATION
CODE COMMUNICATION files the micro format. That format states no turnover. The gross margin rose from €11,467 in 2020 to €77,407 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 04-06-2026, 57 days before the deadline€77,407
▲ 1.8%
€75,839
▲ 1.9%
€56,628
▲ 1.5%
€102,717
▲ 127%
70.1%
▲ 32.6 percentage points
3.36
▲ 1.77
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €150,000. Estimated: probably between €130,000 and €190,000.
Balance sheet
balance sheet total €146,802 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
70.1%
Higher than 61% of 21,217 companies in 2025.
3.36
Higher than 62% of 20,581 companies in 2025.
38.6%
Higher than 77% of 20,756 companies in 2025.
CODE COMMUNICATION
Middle half of the sector
80% of the sector
Micro accounts in computer programming and consultancy (NACE 62)
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||
20/58 |
146,802 | 123,490 | 69,391 | 82,897 | 49,008 | 36,342 | |
21/28 |
578 | 1,439 | 2,369 | 10,084 | 2,231 | 3,773 | |
22/27 |
578 | 1,439 | 2,369 | 10,084 | 2,231 | 3,773 | |
24 |
578 | 1,439 | 2,369 | 10,084 | 2,231 | 3,773 | |
29/58 |
146,224 | 122,051 | 67,022 | 72,813 | 46,777 | 32,569 | |
40/41 |
39,552 | 41,359 | 35,595 | 27,852 | 23,938 | 14,624 | |
40 |
37,972 | 40,779 | 32,900 | 27,605 | 23,938 | 14,624 | |
41 |
1,580 | 580 | 2,696 | 247 | - | - | |
54/58 |
96,663 | 66,297 | 12,775 | 32,932 | 21,794 | 16,928 | |
490/1 |
10,009 | 14,395 | 18,651 | 12,029 | 1,044 | 1,017 | |
| Balance sheet: equity and liabilities | |||||||
10/49 |
146,802 | 123,490 | 69,391 | 82,897 | 49,008 | 36,342 | |
10/15 |
102,919 | 46,291 | 30,486 | 24,946 | 9,125 | 12,899 | |
10/11 |
10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | |
13 |
33,259 | - | - | - | - | - | |
132 |
33,259 | - | - | - | - | - | |
14 |
59,660 | 36,291 | 20,486 | 14,946 | -875 | 2,899 | |
17/49 |
43,883 | 77,199 | 38,905 | 57,951 | 39,882 | 23,443 | |
42/48 |
43,507 | 76,736 | 37,981 | 57,271 | 39,882 | 23,443 | |
44 |
6,029 | 7,592 | 7,047 | 5,480 | 10,576 | 3,805 | |
440/4 |
6,029 | 7,592 | 7,047 | 5,480 | 10,576 | 3,805 | |
45 |
24,573 | 23,547 | 24,986 | 25,339 | 22,330 | 12,457 | |
450/3 |
20,173 | 19,347 | 20,986 | 21,739 | 18,730 | 9,257 | |
454/9 |
4,400 | 4,200 | 4,000 | 3,600 | 3,600 | 3,200 | |
47/48 |
12,905 | 45,598 | 5,948 | 26,452 | 6,976 | 7,181 | |
492/3 |
375 | 463 | 923 | 680 | - | - | |
| Income statement | |||||||
9900 |
77,407 | 76,031 | 16,529 | 33,151 | 1,652 | 11,467 | |
630 |
861 | 930 | 597 | 2,599 | 1,781 | 1,536 | |
631/4 |
- | -1,930 | 1,930 | - | -484 | 484 | |
640/8 |
706 | 2,615 | 3,008 | 5,591 | 1,021 | 1,628 | |
9901 |
75,839 | 74,416 | 10,994 | 24,961 | -665 | 7,820 | |
75/76B |
0 | 63 | 10 | 13 | 3 | 16 | |
75 |
0 | 63 | 10 | 13 | 3 | 16 | |
65/66B |
1,566 | 2,249 | 2,744 | 2,661 | 995 | 1,828 | |
65 |
1,566 | 2,249 | 2,744 | 2,661 | 995 | 1,828 | |
9903 |
74,273 | 72,230 | 8,260 | 22,313 | -1,657 | 6,009 | |
67/77 |
17,645 | 16,425 | 2,719 | 6,492 | 2,117 | 3,110 | |
9904 |
56,628 | 55,805 | 5,540 | 15,821 | -3,773 | 2,899 | |
689 |
33,259 | - | - | - | - | - | |
9905 |
23,369 | 55,805 | 5,540 | 15,821 | -3,773 | 2,899 | |
| Appropriation of the result | |||||||
9906 |
59,660 | 76,291 | 20,486 | 14,946 | -875 | 2,899 | |
14P |
36,291 | 20,486 | 14,946 | -875 | 2,899 | - | |
694/7 |
- | 40,000 | - | - | - | - | |
694 |
- | 40,000 | - | - | - | - | |
| Document | |||||||
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 04-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 04-06-2026 | 2026-00137852 | |
| 31-12-2024 | micro format | 19-05-2025 | 2025-00098299 | |
| 31-12-2023 | micro format | 03-06-2024 | 2024-00107097 | |
| 31-12-2022 | micro format | 15-06-2023 | 2023-00132247 | |
| 31-12-2021 | micro format | 11-04-2022 | 2022-20003749 | |
| 31-12-2020 | micro format | 27-04-2021 | 2021-11400114 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| 76,701 | 75,346 | 11,591 | 27,560 | 1,115 | 9,355 | ||
| 57,490 | 56,735 | 6,137 | 18,420 | -1,993 | 4,434 | ||
| 0 | 0 | 2,584 | 10,452 | 238 | 5,309 | ||
| 30,367 | 53,521 | -20,157 | 11,138 | 4,867 | - | ||
| 102,717 | 45,315 | 29,041 | 15,542 | 6,894 | 9,125 | ||
| 70.1% | 37.5% | 43.9% | 30.1% | 18.6% | 35.5% | ||
| 3.36 | 1.59 | 1.76 | 1.27 | 1.17 | 1.39 | ||
| 0.43 | 1.67 | 1.28 | 2.32 | 4.37 | 1.82 | ||
| 55.0% | 120.6% | 18.2% | 63.4% | -41.3% | 22.5% | ||
| 38.6% | 45.2% | 8.0% | 19.1% | -7.7% | 8.0% | ||
| 48.98 | 33.51 | 4.22 | 10.36 | 1.12 | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | €2,584 | €10,452 | €238 |
| €861 | €930 | €597 | €2,599 | €1,781 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on CODE COMMUNICATION
The operating result for 2025 is 2% higher than in 2024 and the highest since 2020. It is the second rise in a row, after the fall in 2023.
Debt's share of the balance-sheet total falls from 62.5% to 29.9%. Equity is higher and debt is lower.
Board & ownership
Board
2 directors, since incorporationDirector (not named in the articles)
since 09-05-2019
term without a fixed end
listed in the 2025 annual accounts, filed on 04-06-2026
Director (not named in the articles)
since 09-05-2019
term without a fixed end
listed in the 2025 annual accounts, filed on 04-06-2026
Mandates through the years
2 names, the dashed line is todayDirector (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
-
- Director (not named in the articles), from 09-05-2019 to date
-
- Director (not named in the articles), from 09-05-2019 to date
Control
Founders
,
This company
CODE COMMUNICATION
Equity €102,919
Profit €56,628 in 2025
Capital
- Contribution
- €10,000
- Shares
- 100
- Contribution per share
- €100
- Equity per share
- €1,029 in 2025
- Source
- deed of 13-05-2019
Articles of association
deed of 13-05-2019 (in French)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Moitié cédant moitié acquéreurs, proportionnellement nombre actions si plusieurs, nullité”
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Shareholders
At incorporation
deed of 13-05-2019 ↗
- 50 shares (50%)
- 50 shares (50%)
Network & group
No group
CODE COMMUNICATION has no parent and no holdings in its annual accounts. CODE COMMUNICATION shares no director with another company.
At the same address
Rue de la Corniche 30, 4130 Esneux · 1 other company| Nicolas, Jean (sole trader)
establishment since 01-04-2012 |
founded in 2012 0843.844.966 |
Timeline
Timeline
14 events since 2019Filings
Financial
Establishments
2020202220242026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed PDFmicro format · 57 days before the deadline
2025
Highest result from 2020 to 2025 net €56,628 ▲1.5% The operating result of €75,839 and the net result of €56,628 are both a record.
Liquidity more than doubled current ratio 3.36 The current ratio rises from 1.59 to 3.36. Short-term debt falls from €76,736 to €43,507.
Equity above €100,000 equity €102,919 ▲122% After 4 profitable years in a row, equity reaches €102,919.
Annual accounts 2024 filed PDFmicro format · 73 days before the deadline
2024
Annual accounts 2023 filed PDFmicro format · 58 days before the deadline
2023
Annual accounts 2022 filed PDFmicro format · 46 days before the deadline
2022
Back to profit net €15,821 The net result is €15,821, after one loss-making year.
Annual accounts 2021 filed PDFmicro format · 111 days before the deadline
2021
Weakest financial year net -€3,773 The net result drops to -€3,773, the lowest from 2020 to 2025. It recovers the following year.
Annual accounts 2020 filed PDFmicro format · 95 days before the deadline
2020
Registered in the Peppol Directory Reachable for e-invoices through 0208:0726581072
2019
IncorporationFounding capital of €10,000, 100 shares · Founders: and · Appointments: (director) and (director) · published on 13-05-20198 points ▸
- Founder,
- Founder,
- Founding capital, €10,000, 100 shares
- 100 shares
- Registered office clause, rue de la Corniche 30, 4130 Esneux
- Board rule, 2
- Director appointment, (director (not named in the articles))
- Director appointment, (director (not named in the articles))
- The deed holds 12 more points.
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0726.581.072
- VAT number
- BE 0726.581.072
- Peppol ID
- 0208:0726581072
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 09-05-2019
- Financial year
- ends on 31 December
- Peppol
- Reachable since 20-11-2020Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- CODE COMMUNICATION in French
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 13-05-2019 (in French)
Activities
NACEBEL 202562200
Computer consultancy and computer facilities management main activity
60310
News agency activities
73110
Advertising agencies
Codes under NACEBEL 2008
62020
IT consultancy main activity
63910
Computing infrastructure, data processing, hosting and other information service activities
70210
Activities of head offices; management consultancy activities
70220
Business consulting
73110
Advertising, market research and public relations activities
74103
Other professional, scientific and technical activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “La conception et la réalisation de campagnes,films et slogans publicitaires,en utilisant toutes sortes de médias; La fabrication et le…”deed of 13-05-2019 (in French)
8 activities
- La conception et la réalisation de campagnes,films et slogans publicitaires,en utilisant toutes sortes de médias
- La fabrication et le commerce de tous articles ou matières nécessaires
- La création et le placement de publicités,notamment sous forme d’affiches,de panneaux publicitaires,d’enseignes lumineuses et d’affichage en général
- La production photographique réalisée à titre commercial ou privé,les photographies publicitaires,d'édition,de mode,à des fins commerciales,immobilières ou autres
- L'exploitation de tout matériel nécessaire à l’exercice de la photographie
- Le tournage de reportages vidéo
- La gestion et le développement d’outils multimédias,de sites internet,de réseaux sociaux
- La réalisation et le développement de tous logiciels et software quelconques
Registered office and establishments
2 establishments| Establishment | Since | Unit number |
|---|---|---|
| Rue de la Corniche 30 registered office 4130 Esneux | 09-05-2019 | 2.289.122.695 |
| Rue de Fléron 106 4623 Fléron | 09-05-2019 | 2.289.122.794 |
Buildings and parcels at the addresses
- Ground area
- 1,064 m²
- Buildings
- 401 m²
- Volume, LiDAR
- 2,654 m³
- Tallest building
- 11.2 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 62032E0836/00S004 | 957 m² | 1 · 132 m² | 5.0 m · 1 |
| 62068A0083/00M000 | 107 m² | 1 · 269 m² | 11.2 m · 3 |
Contact
E-mail
info@code-communication.be establishment in Esneux