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Code Constructors

Active
Private limited companyfounded 20214 yrs activeMispelaarstraat 38, 9940 Evergem, BelgiumKBO/BCE: BE 0778.393.821
Summary

The computed 12-month bankruptcy probability of Code Constructors is 12.3% (high). For Code Constructors, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €47,595 and a net result of -€27,544. The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Activity not known1 site
Size
€100,175total assets 2023
Equity
€47,595
Loss
-€27,544
Turnover not published (abridged schema)
Financial health
Bankruptcy chance 12 m
12.3%
2023 figures too old to score
Structure
Accounts 430 d overdue0 of 1 deed read
Signals- 2 financial years not filed after the legal deadline; latest accounts 506 days late; 2 of the last 3 late- Figures for FY 2023 (filed 19-12-2025)- Loss of €27,544 (FY 2023)- Two or more financial years not filed- Filed more than 90 days late+ Liquidity: current ratio 1.91, cash €63,009Show the evidence

Checked score

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Average
Solvency 73+4
equity 47.5% of total assets
Liquidity 74+27
short-term debt 52.4% · cash 62.9%
Profitability 0-100
return on assets -27.5%
Bankruptcy probability, 12 months
12.3% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 8 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 11.6%lowest value 12-2024: 11.6%● 0.0% vs 11-2024lowest value 01-2025: 11.6%● 0.0% vs 12-2024lowest value 02-2025: 11.6%▲ +0.2% vs 01-2025 03-2025: 11.6%● 0.0% vs 02-2025 04-2025: 11.6%● 0.0% vs 03-2025 05-2025: 11.6%● 0.0% vs 04-2025 06-2025: 11.6%● 0.0% vs 05-2025 07-2025: 11.8%▲ +1.4% vs 06-2025 08-2025: 11.8%● 0.0% vs 07-2025 09-2025: 11.8%● 0.0% vs 08-2025 10-2025: 11.8%● 0.0% vs 09-2025 11-2025: 11.8%● 0.0% vs 10-2025 12-2025: 11.8%● 0.0% vs 11-2025 01-2026: 12.0%▲ +1.8% vs 12-2025 02-2026: 12.0%● 0.0% vs 01-2026 03-2026: 12.6%▲ +4.9% vs 02-2026highest value 04-2026: 12.1%▼ -3.3% vs 03-2026 05-2026: 12.1%● 0.0% vs 04-2026 06-2026: 12.0%▼ -1.4% vs 05-2026 07-2026: 12.0%● 0.0% vs 06-2026 08-2026: 12.3%▲ +2.9% vs 07-2026 09-2026: 12.3%● +0.0% vs 08-2026 10-2026: 12.3%● 0.0% vs 09-2026
  • 2 financial years not filed after the legal deadline; latest accounts 506 days late; 2 of the last 3 late raises the probability
  • Figures for FY 2023 (filed 19-12-2025) raises the probability
  • Liquidity: current ratio 1.91, cash €63,009 lowers the probability
  • Loss of €27,544 (FY 2023) raises the probability
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · 2 financial years not filed after the legal deadline; latest accounts 506 days late; 2 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · Figures for FY 2023 (filed 19-12-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.91, cash €63,009
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · Loss of €27,544 (FY 2023)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 2 filings
Position against the passed deadline
31-12-2024 close31-07-2025 deadline04-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 19-12-2025, 506 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
506 d late
2022
872 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 2 accounts on average 689 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2023 · micro…
  2. Annual accounts filedfiscal year 2022 · micro…

Key points

  • Risk: Accounts not fileddeadline was 31-07-2025 430 d late View
  • Caution: From profit to loss in 2023after €45,139 in 2022 -€27,544 View
  • Total assets 20232 fiscal years filed €100,175 View

By topic

Financials

Fiscal year
2023
Total assets
€100,175
Loss
-€27,544
Solvency
47.5%
Total assets▼ 41.4%
Net result
20222023
Go to Financials

Timeline

Events
2
Since
2025
  1. 19-12-2025Annual accounts filed
  2. 19-12-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Founded
08-12-2021
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

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