Code Fairies
ActiveSummary
Code Fairies has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €23k and a net result of €1k. Equity is growing by ~3.5% per year across the filed fiscal years. Its solvency ranks better than 73% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability73▼-1
Solvency100▲+3
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 20.58 against 5.57 in 2024; short-term debt: 4.9% and cash: 61.8% of total assets), and 20.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
79.2%
Return on assets
3.7%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-07-2026, 4 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
4 d early
2024
1 d early
2023
1 d early
2022
2 d early
2021
3 d early
2020
6 d early
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€23k▲ 4.9%
2024 · €22k
2018: €18klowest in 8 years
2019: €20k▲ +8.3% vs 2018
2020: €24k▲ +21.5% vs 2019
2021: €36k▲ +49.7% vs 2020
2022: €37k▲ +3.1% vs 2021
2023: €38k▲ +3.4% vs 2022highest in 8 years
2024: €22k▼ -41.9% vs 2023
2025: €23k▲ +4.9% vs 2024
2018 → 2025
Total assets
€29k▼ 5.2%
2024 · €31k
2018: €34k
2019: €43k▲ +26.0% vs 2018
2020: €41k▼ -3.9% vs 2019
2021: €54k▲ +31.4% vs 2020highest in 8 years
2022: €42k▼ -22.6% vs 2021
2023: €44k▲ +5.4% vs 2022
2024: €31k▼ -30.6% vs 2023
2025: €29k▼ -5.2% vs 2024lowest in 8 years
2018 → 2025
Net result
€1k▼ 13.1%
2024 · €1k
2018: €11k
2019: €2k▼ -86.2% vs 2018
2020: €6k▲ +285% vs 2019
2021: €13k▲ +131% vs 2020highest in 8 years
2022: €1k▼ -91.7% vs 2021
2023: €1k▲ +12.1% vs 2022
2024: €1k▲ +0.4% vs 2023
2025: €1k▼ -13.1% vs 2024lowest in 8 years
2018 → 2025
Working capital
€28k▲ 38.8%
2024 · €20k
2018: €19k
2019: €18k▼ -7.9% vs 2018lowest in 8 years
2020: €20k▲ +12.3% vs 2019
2021: €25k▲ +23.6% vs 2020
2022: €22k▼ -10.1% vs 2021
2023: €31k▲ +37.8% vs 2022highest in 8 years
2024: €20k▼ -34.3% vs 2023
2025: €28k▲ +38.8% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€36k-€37k▲ 3.1%€38k▲ 3.4%€22k▼ 41.9%€23k▲ 4.9%
2021: €36k
2022: €37k▲ +3.1% vs 2021
2023: €38k▲ +3.4% vs 2022highest in 5 years
2024: €22k▼ -41.9% vs 2023lowest in 5 years
2025: €23k▲ +4.9% vs 2024
Operating result€20k-€2k▼ 90.9%€3k▲ 56.0%€3k▼ 5.9%€2k▼ 21.7%
2021: €20khighest in 5 years
2022: €2k▼ -90.9% vs 2021lowest in 5 years
2023: €3k▲ +56.0% vs 2022
2024: €3k▼ -5.9% vs 2023
2025: €2k▼ -21.7% vs 2024
Net result€13k-€1k▼ 91.7%€1k▲ 12.1%€1k▲ 0.4%€1k▼ 13.1%
2021: €13khighest in 5 years
2022: €1k▼ -91.7% vs 2021
2023: €1k▲ +12.1% vs 2022
2024: €1k▲ +0.4% vs 2023
2025: €1k▼ -13.1% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 22% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €29k
Equity
€23k ▲ 4.9%
Debt
€6k ▼ 30.7%
Debt's share of the balance-sheet total falls from 28.4% to 20.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€2k▼
2024 · €7k
Cash flow
€1k▼
2024 · €5k
Current ratio
20.58▲
2024 · 5.57
Debt to equity
0.26▼
2024 · 0.40
ROE
4.7%▼
2024 · 5.7%
ROA
3.7%▼
2024 · 4.1%
Interest coverage
13.09▼
2024 · 42.16
Debt ≤ 1 year
€1k▼
2024 · €4k
Income taxes
€845▼
2024 · €1k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€31k€29k▼
Fixed assets21/28€6k€0▼
Tangible fixed assets22/27€6k€0▼
Plant, machinery and equipment23€3k€0▼
Furniture and vehicles24€3k€0▼
Current assets29/58€24k€29k▲
Amounts receivable within one year40/41€2k€7k▲
Trade receivables40€1k€5k▲
Other amounts receivable41€798€2k▲
Cash at bank and in hand54/58€20k€18k▼
Deferred charges and accrued income490/1€2k€4k▲
Equity and liabilities
Total equity and liabilities10/49€31k€29k▼
Equity10/15€22k€23k▲
Contributions10/11€930€930=
Reserves13€21k€22k▲
Distributable reserves133€21k€22k▲
Profit (loss) carried forward14-€0
Amounts payable17/49€9k€6k▼
Amounts payable within one year42/48€4k€1k▼
Trade debts44€1k€1k▼
Suppliers440/4€1k€1k▼
Taxes, remuneration and social security45€735€0▼
Taxes450/3€735€0▼
Other amounts payable47/48€2k€0▼
Accrued charges and deferred income492/3€4k€5k▲
Income statement
Code20242025
Non-recurring operating income76A-€74
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€0▼
Other operating charges640/8€815€544▼
Non-recurring operating charges66A-€3k
Gross operating margin9900€8k€6k▼
Operating profit (loss)9901€3k€2k▼
Financial charges65/66B€162€160▼
Recurring financial charges65€162€160▼
Profit (loss) for the period before taxes9903€3k€2k▼
Income taxes67/77€1k€845▼
Profit (loss) for the period9904€1k€1k▼
Profit (loss) for the period to be appropriated9905€1k€1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1k€1k▼
Transfer from equity791/2€12k€0▼
Transfer to equity691/2€1k€1k▼
To other reserves6921€1k€1k▼
Profit to be distributed694/7€12k€0▼
Return on contributions (dividend)694€12k€0▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €74 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4k | €5k | €6k | €4k | €0 | ▼ 100% |
| Other operating charges640/8 | €715 | €770 | €789 | €815 | €544 | ▼ 33.3% |
| Non-recurring operating charges66A | - | - | - | - | €3k | - |
| Gross operating margin9900 | €24k | €7k | €10k | €8k | €6k | ▼ 26.2% |
| Operating profit (loss)9901 | €20k | €2k | €3k | €3k | €2k | ▼ 21.7% |
| Financial income75/76B | €1 | €308 | - | - | - | - |
| Recurring financial income75 | €1 | €308 | - | - | - | - |
| Financial charges65/66B | €252 | €174 | €135 | €162 | €160 | ▼ 1.0% |
| Recurring financial charges65 | €252 | €174 | €135 | €162 | €160 | ▼ 1.0% |
| Profit (loss) for the period before taxes9903 | €20k | €2k | €3k | €3k | €2k | ▼ 23.0% |
| Income taxes67/77 | €6k | €842 | €1k | €1k | €845 | ▼ 32.9% |
| Profit (loss) for the period9904 | €13k | €1k | €1k | €1k | €1k | ▼ 13.1% |
| Profit (loss) for the period to be appropriated9905 | €13k | €1k | €1k | €1k | €1k | ▼ 13.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €54k | €42k | €44k | €31k | €29k | ▼ 5.2% |
| Fixed assets21/28 | €15k | €17k | €11k | €6k | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €15k | €17k | €11k | €6k | €0 | ▼ 100% |
| Plant, machinery and equipment23 | - | €6k | €5k | €3k | €0 | ▼ 100% |
| Furniture and vehicles24 | €15k | €11k | €6k | €3k | €0 | ▼ 100% |
| Current assets29/58 | €39k | €25k | €34k | €24k | €29k | ▲ 19.7% |
| Amounts receivable within one year40/41 | €5k | €4k | €6k | €2k | €7k | ▲ 277% |
| Trade receivables40 | €4k | €2k | €4k | €1k | €5k | ▲ 371% |
| Other amounts receivable41 | €1k | €2k | €2k | €798 | €2k | ▲ 157% |
| Current investments50/53 | €10k | - | - | - | - | - |
| Cash at bank and in hand54/58 | €22k | €18k | €26k | €20k | €18k | ▼ 10.4% |
| Deferred charges and accrued income490/1 | €2k | €3k | €2k | €2k | €4k | ▲ 77.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €54k | €42k | €44k | €31k | €29k | ▼ 5.2% |
| Equity10/15 | €36k | €37k | €38k | €22k | €23k | ▲ 4.9% |
| Contributions10/11 | €6k | €6k | €6k | €930 | €930 | = |
| Reserves13 | €29k | €31k | €32k | €21k | €22k | ▲ 5.2% |
| Non-distributable reserves130/1 | €2k | - | - | - | - | - |
| Reserves not available under the articles1311 | €2k | - | - | - | - | - |
| Distributable reserves133 | €28k | €31k | €32k | €21k | €22k | ▲ 5.2% |
| Profit (loss) carried forward14 | - | - | - | - | €0 | - |
| Amounts payable17/49 | €19k | €5k | €6k | €9k | €6k | ▼ 30.7% |
| Amounts payable after more than one year17 | €2k | - | - | - | - | - |
| Financial debts170/4 | €2k | - | - | - | - | - |
| Amounts payable within one year42/48 | €15k | €3k | €3k | €4k | €1k | ▼ 67.6% |
| Current portion of amounts payable after more than one year42 | €4k | €2k | - | - | - | - |
| Trade debts44 | €7k | €715 | €651 | €1k | €1k | ▼ 2.7% |
| Suppliers440/4 | €7k | €715 | €651 | €1k | €1k | ▼ 2.7% |
| Taxes, remuneration and social security45 | €3k | €604 | €932 | €735 | €0 | ▼ 100% |
| Taxes450/3 | €3k | €604 | €932 | €735 | €0 | ▼ 100% |
| Other amounts payable47/48 | €2k | - | €2k | €2k | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | €2k | €2k | €3k | €4k | €5k | ▲ 6.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13k | €1k | €1k | €1k | €1k | ▼ 13.1% |
| + Depreciation and write-downs630 | €4k | €5k | €6k | €4k | €0 | ▼ 100% |
| Operating cash flow (approximation) | €17k | €6k | €8k | €5k | €1k | ▼ 79.8% |
| Investment in fixed assets (approximation) | - | €-7k | €0 | €0 | €6k | - |
| Change in cash | - | €-4k | €7k | €-5k | €-2k | ▲ 61.6% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €1k ▼13.1%
Net result drops to €1k, the lowest in the series.
31-12
Financial
Liquidity quadruplescurrent ratio 20.58
Current ratio from 5.57 to 20.58; short-term debt falls from €4k to €1k.
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity triplescurrent ratio 8.30
Current ratio from 2.66 to 8.30; short-term debt falls from €15k to €3k.
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €13k ▲131%
Operating result €20k, net result €13k, both a record.
25-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Aalter · 1 establishment unit since 2016
Ground area
224 m²
Building footprint
77 m²
Volume, LiDAR
499 m³
Parcel 44001B0492/00F002, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Lucatrace
since 20162.256.154.672
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44001B0492/00F002 | Flanders | 224 m² | 1 · 77 m² | 8.9 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
894500URIX1IUE2T0Y56
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Of 29,993 companies in sector 62200 we hold annual accounts for 18,396. 13,567 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded01-09-2016
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
56210Event catering
62100Computer programming
63100Computing infrastructure, data processing, hosting and related activities
74201Photography, excluding press photography
Scores and ratios are computed by Checked and are not a credit decision.