Equity
-€3,806
Debts exceed assets in financial year 2025.
CODE COULEUR
Lifetime
4 annual accounts with figures on one time axispeak €198,056 (2024)
€137,090▼ 30.8%
lowest -€15,652 (2025)
-€15,652▼ €34,150
peak €11,846 (2024)
-€3,806▼ €15,652
€98,516▼ 16.1%
Board1 name since 2021
1 director
Documentsfilings and deeds
22-09-202653 days late
2025micro format
Gross margin from €198,056 to €137,090Loss of €15,652Equity from €11,846 to -€3,806Debts from €117,365 to €98,516Cash from €6,219 to €1,384
Key points
from the 2025 annual accountsTurnover
≈ €450,000 estimated
The micro format states no turnover.
Debts
€98,516 104% of the balance sheet
Financial debts 38%Suppliers 25%Taxes and wages 6%Other 30%
Of this, €75,457 falls due within a year.
Filings
4 annual accounts 3 late
The 2025 accounts came latest: 53 days after the end of the period.
Starting capital
€3,000 30 shares
Position in the sector
-€3,806
Less equity than 91% of companies in specialised construction. Sector median €57,780 · 37,285 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 6,018 companies had the same profile as CODE COULEUR has now. Each dot stands for 16 companies, two years later.
82.8%
were still trading
8.5%
stopped another way
7.8%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 6,018 companies, not a prediction for CODE COULEUR. 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
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0774955170
Registered-office move
Board meeting of 31-03-2024 · Gazette deed
Registered office moved from Kain to Lesdain
New registered office: Rue du Château 32 à 7621 LESDAIN · Previous registered office: Rue des Ecoles 37 à 7540 KAIN · General meeting of 09-09-2022 · Gazette deed
Incorporation
Founding capital of €3,000, 30 shares · Founder: · Appointment: (director) · published on 06-10-2021 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CODE COULEUR Tournai | €94,709 | €137,090 | -4.0% | - |
| S-Color Antwerp | €89,318 | €114,634 | 70.4% | - |
| JEDECOR SRL Tournai | €101,966 | €120,860 | 2.9% | - |
| OLIVIER PEINTURE ET DECORATION Charleroi | €87,379 | €178,705 | 24.5% | - |
| ETS Castelluccio Fleurus | €110,634 | €108,936 | 53.1% | - |
| SCARANO & FILS La Louvière | €112,203 | €179,020 | 46.3% | - |
| FRAEJ Ostend | €109,953 | €166,572 | 9.1% | - |
These companies have the same main activity as CODE COULEUR: painting of buildings (NACE 43341). They are comparable in size and age: total assets between €87,400 and €112,000, founded between 2019 and 2023.
Official details
Source: KBO- Status
- Active since 04-10-2021Normal situation
- Activity
- Painting of buildingsNACE 43341
- Joint committee
- 124Construction · annual accounts 2025
- Establishment unit
- 2.322.463.6747500 Tournai, registered on 04-10-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 28-10-2026
Insights on CODE COULEUR
CODE COULEUR files the micro format. That format states no turnover. The gross margin rose from €89,321 in 2022 to €137,090 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 COULEUR
- What is the company number of CODE COULEUR?
- The company number of CODE COULEUR is 0774.955.170. The VAT number is the same number with BE in front: BE 0774.955.170.
- Where is CODE COULEUR based?
- The registered office is at Rue de la Planche 3, 7500 Tournai.Company details
- What does CODE COULEUR do?
- According to the KBO register, the main activity is painting of buildings (NACE 43341).
- What is the legal form of CODE COULEUR?
- CODE COULEUR is a private limited company (BV).
- When was CODE COULEUR founded?
- CODE COULEUR was founded on 04-10-2021.
- Is CODE COULEUR still active?
- Yes, CODE COULEUR is an active enterprise in the KBO register.
- How many employees does CODE COULEUR have?
- CODE COULEUR had an average of 3.5 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
- Which joint committee does CODE COULEUR fall under?
- In its 2025 annual accounts, CODE COULEUR states joint committee 124 (Construction).
- What is the turnover of CODE COULEUR?
- The turnover in financial year 2025 is ≈ €450,000. This figure is estimated from the gross margin of €137,090 and 63 comparable companies (NACE 433). It probably lies between €330,000 and €670,000.
- Is CODE COULEUR profitable?
- In financial year 2025, CODE COULEUR made a loss of €15,652.
- Where can I find the annual accounts of CODE COULEUR?
- CODE COULEUR filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CODE COULEUR due?
- CODE COULEUR must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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