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CODE CONCEPT

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

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

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

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

€28,418▼ 42.3%
€16,481▼ 50.9%
€86,215▼ 16.7%
€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.

Financials

Annual accounts 2025

micro format, filed on 24-03-2026, 37 days before the deadline
€28,418
▼ 42.3%
€22,411
▼ 49.8%
€16,481
▼ 50.9%
€68,046
▼ 18.2%
66.9%
▼ 19.0 percentage points
2.60
▼ 3.31

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 ≈ €110,000. Estimated: probably between €69,000 and €210,000.

Balance sheet

balance sheet total €128,868 on 30-09-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

66.9%

Higher than 73% of 1,800 companies in 2025.

2.60

Higher than 67% of 1,758 companies in 2025.

12.8%

Higher than 55% of 1,765 companies in 2025.

CODE CONCEPT Middle half of the sector 80% of the sector Micro accounts in repair and installation of machinery (NACE 33)

Net result: middle half · 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 Trend2025202420232022202120202019201820172016201520142013
Balance sheet: assets
20/58 128,868120,410106,142117,96674,50388,02765,90362,41147,79541,20853,93758,25264,449
21/28 18,20020,29724,35016,87116,68222,00110,8594,52008,05316,10725,48234,819
22/27 18,20020,29724,35016,87116,68222,00110,8594,52008,05316,10725,48234,819
22 14,28114,73515,18815,64016,09316,547-------
23 1,2073,2215,3421,2315881,15900000129255
24 2,7112,3423,820-04,29510,8594,52001873731,7523,096
29/58 110,668100,11381,791101,09457,82166,02655,04457,89147,79533,15537,83032,77029,631
40/41 58,92861,12280,35278,71857,57856,49546,18856,17844,25833,10037,82930,61326,085
40 5,40714,26620,12917,4087,65217,3375,07411,3778,3776,6382,7175,90212,947
41 53,52146,85660,22361,31149,92639,15841,11544,80035,88126,46235,11124,71113,138
54/58 45,72731,2611,01422,37608,9838,6341,7143,3890-2,0843,513
490/1 6,0137,730425024354822201485517333
Balance sheet: equity and liabilities
10/49 128,868120,410106,142117,96674,50388,02765,90362,41147,79541,20853,93758,25264,449
10/15 86,215103,46776,42263,67453,06055,55251,06444,52929,18322,59417,00323,96324,901
10/11 6,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,200
100 ------18,60018,60018,60018,60018,60018,60018,600
101 ------12,40012,40012,40012,40012,40012,40012,400
13 80,01597,26770,22257,47446,86049,35244,86438,32922,98316,39417,76017,76017,860
130/1 --01,8601,8601,860-------
130 ------1,8601,8601,8601,8601,8601,8601,860
1311 --01,8601,8601,860-------
133 80,01597,26770,22255,61445,00047,49243,00436,46921,12314,53415,90015,90016,000
14 0000-----0-6,9573841
17/49 42,65316,94429,71954,29221,44332,47514,83917,88318,61118,61436,93434,28939,548
17 -02,1145,2188,24211,1891,517-02696,37112,19217,744
170/4 -02,1145,2188,24211,1891,517-02696,37112,19217,744
42/48 42,62216,94427,60549,04913,20121,20813,24917,80418,61117,56930,26322,09720,955
42 02,1143,1043,0242,9474,3893,00002696,1025,8215,5535,519
43 ---02,090---02,0713,76787-
430/8 ---02,090---02,0713,76787-
44 2,6703,2344,0005,7864,2657,0722,0034,2679,1123,8375,3636,0636,085
440/4 2,6703,2344,0005,7864,2657,0722,0034,2679,1123,8375,3636,0636,085
45 6,2195,0605,15621,6083,8999,7478,24713,5379,2305,55815,31210,3949,351
450/3 6,2195,0605,15619,2723,8997,4358,24713,5379,2305,5583,31210,3949,351
454/9 --02,33602,312000012,00000
47/48 33,7336,53515,34518,6310--00-000
492/3 31-025079727907772990849
Income statement
76A 45--04---88141-355-
9900 28,41849,29239,56844,285-1,82413,72414,73723,72918,79220,6683,25310,00438,727
62 782207129----0-----
630 4,3054,0532,0011,1461,3207,5886,5302,2438,0538,0539,3759,3369,336
631/4 --------195----
640/8 9214256953721,8104415645971,0811,0661,1221,4172,178
66A -----79039-837925---
9901 22,41144,60636,74242,767-4,9544,9057,60520,8888,62511,549-7,243-75027,212
75/76B 2,6922,9183,1243,3973,2403,3683,5163,1702,8982,2302,7751,662727
75 2,6922,9183,1243,3973,2403,3683,5163,1702,8982,2302,7751,662727
65/66B 7935596459505755042672017601,1652,3631,4231,806
65 7935596459505755042672017601,1652,3631,4231,806
9903 24,31146,96539,22145,213-2,2897,76910,85423,85710,76411,830-6,831-15626,134
67/77 7,82913,38611,12715,9682033,2814,3198,5124,1746,2401297827,432
9904 16,48133,57928,09429,245-2,4924,4886,53515,3456,5905,591-6,960-93818,701
9905 16,48133,57928,09429,245-2,4924,4886,53515,3456,5905,591-6,960-93818,701
Appropriation of the result
9906 16,48133,57928,09429,245-2,4924,4886,53515,3456,590-1,366-6,957-9718,701
791/2 33,7336,53515,34518,6312,492----6,957-100-
691/2 16,48133,57928,09429,245-4,4886,53515,3456,5905,5910-17,860
6920 ------------1,860
6921 16,48133,57928,09429,245-4,4886,53515,3456,5905,591--16,000
694/7 33,7336,53515,34518,631---------
694 33,7336,53515,34518,631---------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 8 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 24-03-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
30-09-2025 micro format 24-03-2026 2026-00066994 PDF
30-09-2024 micro format 11-03-2025 2025-00048885 PDF
30-09-2023 micro format 26-03-2024 2024-00049677 PDF
30-09-2022 micro format 29-03-2023 2023-00052751 PDF
30-09-2021 micro format 31-05-2022 2022-20053481 PDF
30-09-2020 micro format 17-05-2021 2021-14800570 PDF
30-09-2019 micro format 30-04-2020 2020-11600099 PDF
30-09-2018 micro format 27-03-2019 2019-08500510 PDF
30-09-2017 micro format 30-03-2018 2018-09300268 PDF
30-09-2016 full format 20-03-2017 2017-06900185 PDF
30-09-2015 full format 31-03-2016 2016-09500047 PDF
30-09-2014 full format 28-04-2015 2015-10800422 PDF
30-09-2013 full format 28-04-2014 2014-10800098 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019201820172016201520142013
26,71648,66038,74343,913-3,63412,49314,13523,13116,67919,6032,1328,58736,549
20,78637,63330,09530,391-1,17212,07613,06517,58914,64313,6442,4158,39828,038
2,20809,4801,336-4,00018,73012,8696,76300-0044,155
14,46630,246-21,36122,376-8,9833496,920-1,6753,389---1,428-
68,04683,17054,18652,04544,62044,81841,79440,08729,18315,5867,56610,6738,676
66.9%85.9%72.0%54.0%71.2%63.1%77.5%71.3%61.1%54.8%31.5%41.1%38.6%
2.605.912.962.064.383.114.153.252.571.891.251.481.41
0.490.160.390.850.400.580.290.400.640.822.171.431.59
19.1%32.5%36.8%45.9%-4.7%8.1%12.8%34.5%22.6%24.7%-40.9%-3.9%75.1%
12.8%27.9%26.5%24.8%-3.3%5.1%9.9%24.6%13.8%13.6%-12.9%-1.6%29.0%
33.7186.9960.0446.22-6.32--------

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
Item30-09-202530-09-202430-09-202330-09-202230-09-2021
Tangible fixed assets€2,208-€9,480€1,336-
€4,305€4,053€2,001€1,146€1,320

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on CODE CONCEPT

The operating result for 2025 is 50% lower than in 2024 and the lowest since 2021.

Debt's share of the balance-sheet total rises from 14.1% to 33.1%. Equity is lower and debt is higher.

Board & ownership

Board

1 director, last change in 2023
Director (not named in the articles)
appointed by deed of 24-08-2023 term without a fixed end
earlier manager, until 24-08-2023
listed in the 2025 annual accounts, filed on 24-03-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 24-08-2023

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today

Director (not named in the articles)
BoardEarliermandate already running before its first mention
Mandates as a list
    • Director (not named in the articles), from 05-10-2012 to date
    • Manager, until 24-08-2023

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Contribution
€6,200
Source
2025 annual accounts

Articles of association

deed of 24-08-2023 (in French)
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 1 director
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Tuesday of March at 17:00

Network & group

No group

CODE CONCEPT has no parent and no holdings in its annual accounts. is the only director. CODE CONCEPT shares no director with another company.

Timeline

Timeline

23 events since 2012

Deadline for the 2026 accounts: 30-04-2027

2026
Annual accounts 2025 filed PDFmicro format · 37 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:0849355358
2025
Annual accounts 2024 filed PDFmicro format · 50 days before the deadline
2024
Highest result from 2013 to 2025 net €33,579 ▲19.5% The operating result of €44,606 and the net result of €33,579 are both a record.
Equity above €100,000 equity €103,467 ▲35.4% After 3 profitable years in a row, equity reaches €103,467.
Annual accounts 2023 filed PDFmicro format · 35 days before the deadline
2023
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 21-08-20236 points ▸
  • General meeting, 21-08-2023
  • Purpose change, “Toutes opérations relatives à l importation,l exportation,l achat,la vente,la location,la distribution,la fabrication,la transformation,la réparation,l…” (deed in French)
  • Director resignation, (manager)
  • Director appointment, (director (not named in the articles))
  • Director discharge,
  • Registered office clause, Rue Albert 1er, 12, 1480 TUBIZE
  • The deed holds 4 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2022 filed PDFmicro format · 32 days before the deadline
2022
Back to profit net €29,245 The net result is €29,245, after one loss-making year.
Annual accounts 2021 filed PDFmicro format · 31 days late
2021
Annual accounts 2020 filed PDFmicro format · 17 days late
2020
Annual accounts 2019 filed PDFmicro format · on the deadline day
2019
Annual accounts 2018 filed PDFmicro format · 34 days before the deadline
2018
Annual accounts 2017 filed PDFmicro format · 31 days before the deadline
2017
Registered office moved from Braine-le-Comte to TubizeNew registered office: rue Albertt 1er, 12, 1480 Tubize · Previous registered office: rue du Calvaire 30, 7090 Braine-le-Comte1 point ▸
  • Registered-office move, rue Albertt 1er, 12, 1480 Tubize

Open the deed in the Belgian Official Gazette

Annual accounts 2016 filed PDFfull format · 41 days before the deadline
2016
Back to profit net €5,591 The net result is €5,591, after 2 loss-making years.
Annual accounts 2015 filed PDFfull format · 30 days before the deadline
2015
Weakest financial year net -€6,960 The net result drops to -€6,960, the lowest from 2013 to 2025. It recovers the following year.
Annual accounts 2014 filed PDFfull format · 2 days before the deadline
2014
Annual accounts 2013 filed PDFfull format · 2 days before the deadline
2012
Incorporation PDFpublished on 16-10-2012
First establishment Rue Albert Ier 12, Tubize

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

On 5 October 2012, CODE CONCEPT was incorporated.1 In 2017 the registered office moved to Tubize.2 Total assets went from €65,903 in 2019 to €128,868 in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 22-06-2017
  3. 3National Bank, annual accounts 2019 and 2025

Company details

Identity

Enterprise number
0849.355.358
VAT number
BE 0849.355.358
Peppol ID
0208:0849355358
Other Peppol ID
9925:BE0849355358
Legal form
Private limited company
Status
Active, normal situation
Founded
05-10-2012
Financial year
ends on 30 September
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Tuesday of March at 17:00
deed of 24-08-2023 (in French)
Peppol
Reachable since 24-02-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
CODE CONCEPT in French
Entity type
Legal entity

Activities

NACEBEL 2025
33140 Repair and maintenance of electrical equipment main activity
49410 Freight transport by road
Codes under NACEBEL 2008
33140 Repair, maintenance and installation of machinery and equipment main activity
49410 Road freight transport

Registered office and establishments

1 establishment
Establishment Since Unit number
Rue Albert Ier 12 registered office 1480 Tubize 4941001 Freight transport by road 05-10-2012 2.213.637.988
1 former office
  • 7090 Braine-le-Comte until 01-01-2017 · deed of 22-06-2017

Buildings and parcels at the address

Ground area
308 m²
Buildings
73 m²
Volume, LiDAR
637 m³
Tallest building
11.4 m
Buildings to scale, each on its own parcel
73 m², 11.4 m 73 m², 11.4 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
25105B0153/00C003308 m² 1 · 73 m² 11.4 m · 3

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