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CODE CONCEPT

Active Private limited companyfounded 2012active for 14 yearsRue Albert Ier 12, 1480 TubizeKBO/BCE: BE 0849.355.358

Lifetime

13 annual accounts with figures on one time axis
peak €49,292 (2024)
€28,418▼ 42.3%
lowest -€6,960 (2015)
€16,481▼ 50.9%
peak €103,467 (2024)
€86,215▼ 16.7%
€42,653▲ 152%
Board1 name since 2012
1 director
Documentsfilings and deeds
24-03-202637 days before the deadline
2025micro format
Gross margin from €49,292 to €28,418Result from €33,579 to €16,481Dividend €33,733Equity from €103,467 to €86,215Debts from €16,944 to €42,653Cash from €31,261 to €45,727

Key points

from the 2025 annual accounts

Equity

€86,215 ▼ 16.7%
103,4672024+16,481Profit-33,733Dividend86,2152025

CODE CONCEPT paid out €33,733 in dividends. That is 205% of the 2025 profit.

Turnover

≈ €110,000 estimated

The micro format states no turnover.

Liquidity

2.60 was 5.91 in 2024

Short-term debts rose from €16,944 to €42,622.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 34,691 companies had the same profile as CODE CONCEPT has now. Each dot stands for 87 companies, two years later.

95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
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.

The companies in ten equal groups, from the lowest to the highest expected share
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 34,691 companies, not a prediction for CODE CONCEPT. 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
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0849355358
Change of role: , from manager to director “Toutes opérations relatives à l importation,l exportation,l achat,la vente,la location,la distribution,la…” (deed in French) · Director discharge: · General meeting of 21-08-2023 · Gazette deed
Registered office moved from Braine-le-Comte to Tubize New registered office: rue Albertt 1er, 12, 1480 Tubize · Previous registered office: rue du Calvaire 30, 7090 Braine-le-Comte · Gazette deed
Incorporation published on 16-10-2012 · Gazette deed
All 23 events

Comparable companies

same main activity, similar in size and age
Company
CODE CONCEPT Tubize €128,868 €28,418 66.9% -
DWL Technics Haaltert €93,515 €30,139 42.8% -
I.S.E. Manage €176,636 €25,311 88.4% -
W.BE INSTRUMENTATION Stekene €107,325 €19,184 60.3% -
BMCL CONSTRUCT Molenbeek-Saint-Jean €149,693 €40,596 49.1% -
NEOLOGIS Soignies €111,843 €21,824 72.6% -
ELECTRO-PRO Ninove €111,869 €33,257 56.7% -

These companies have the same main activity as CODE CONCEPT: repair and maintenance of electrical equipment (NACE 33140). They are comparable in size and age: total assets between €93,500 and €177,000, founded between 2008 and 2017.

Official details

Source: KBO
Status
Active since 05-10-2012Normal situation
Activity
Repair and maintenance of electrical equipmentNACE 33140and 1 other
Establishment unit
2.213.637.9881480 Tubize, since 05-10-2012
Financial year end
30 September
Peppol
Reachable since 24-02-2026
Company details

Annual accounts to 30-09-2025

€128,868▲ 7.0%
Filing
Filed on 24-03-2026, 37 days before the end of the filing period
Financials

Insights on CODE CONCEPT

CODE CONCEPT files the micro format. That format states no turnover. The gross margin fell from €38,727 in 2013 to €28,418 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 CONCEPT

What is the company number of CODE CONCEPT?
The company number of CODE CONCEPT is 0849.355.358. The VAT number is the same number with BE in front: BE 0849.355.358.
Where is CODE CONCEPT based?
The registered office is at Rue Albert Ier 12, 1480 Tubize.Company details
What does CODE CONCEPT do?
According to the KBO register, the main activity is repair and maintenance of electrical equipment (NACE 33140).
What is the legal form of CODE CONCEPT?
CODE CONCEPT is a private limited company (BV).
When was CODE CONCEPT founded?
CODE CONCEPT was founded on 05-10-2012.
Is CODE CONCEPT still active?
Yes, CODE CONCEPT is an active enterprise in the KBO register.
What is the turnover of CODE CONCEPT?
The turnover in financial year 2025 is ≈ €110,000. This figure is estimated from the gross margin of €28,418 and 2,936 comparable companies of the same size. It probably lies between €69,000 and €210,000. It is a rough estimate.Financials
Is CODE CONCEPT profitable?
In financial year 2025, CODE CONCEPT made a profit of €16,481.
Where can I find the annual accounts of CODE CONCEPT?
CODE CONCEPT filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of CODE CONCEPT due?
CODE CONCEPT must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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