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CODE FOUNDRY

Active Private limited companyfounded 2014active for 12 yearsGouverneursbossen 1, 2322 HoogstratenKBO/BCE: BE 0554.950.757 #8 company by equity in Hoogstraten, Telecoms and IT sector
CODE FOUNDRY
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Overview

Lifetime

11 annual accounts with figures on one time axis
peak €175,384 (2015)
€99,848▲ 5.5%
lowest -€40,709 (2017)
€33,350▲ 27.2%
peak €221,554 (2025)
€221,554▲ 17.7%
€373,666▼ 7.6%
Board1 name since 2014
1 director
Documentsfilings and deeds
22-07-20269 days before the deadline
2025micro format
Result from €26,214 to €33,350Equity from €188,204 to €221,554Cash from €51,911 to €75,054

Key points

from the 2025 annual accounts

Turnover

≈ €190,000 estimated

The micro format states no turnover.

Liquidity

2.14 was 1.25 in 2024

Short-term debts rose from €41,918 to €45,205.

Filings

11 annual accounts since 2015
AprilJune31 JulyOctober201520202025

The 2017 accounts came 58 days late. The other nine of the last ten were filed on time.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 17,811 companies had the same profile as CODE FOUNDRY has now. Each dot stands for 45 companies, two years later.

96.5%
were still trading
3.2%
stopped another way
0.3%
went bankrupt
  • Small
  • 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 497,762 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.

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 17,811 companies, not a prediction for CODE FOUNDRY. 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, since 24-06-2014
Board & ownership

Recent changes

Amendment of the articles · Legal-form change · Resignations & appointments Director in office: · General meeting of 22-09-2023 · Gazette deed
Incorporation published on 11-07-2014 · Gazette deed
First establishment Gouverneursbossen 1, Hoogstraten
All 21 events

Comparable companies

same main activity, similar in size and age
Company
CODE FOUNDRY Hoogstraten €595,221 €99,848 37.2% -
KERLING Balen €679,927 €95,210 44.4% -
INITH CONSULTANCY Baarle-Hertog €648,261 €107,787 19.6% -
0404 Antwerp €687,666 €98,389 93.2% -
RNS Duffel €570,380 €86,776 29.0% -
PMS Project Management & Services Antwerp €633,534 €112,438 66.2% -
LVR CONSULTING Aartselaar €600,302 €85,898 42.9% -

These companies have the same main activity as CODE FOUNDRY: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €570,000 and €688,000, founded between 2013 and 2015.

Official details

Source: KBO
Status
Active since 26-06-2014Normal situation
Activity
Computer consultancy and computer facilities managementNACE 62200
Establishment unit
2.233.122.7162322 Hoogstraten, since 26-06-2014
Financial year end
31 December
Peppol
Reachable
Company details

Annual accounts 2025

€99,848▲ 5.5%
€33,350▲ 27.2%
€221,554▲ 17.7%
€595,221▲ 0.5%
Filing
Filed on 22-07-2026, 9 days before the end of the filing period
Financials

Insights on CODE FOUNDRY

CODE FOUNDRY files the micro format. That format states no turnover. The gross margin fell from €175,384 in 2015 to €99,848 in 2025.

The balance sheet grew most from 2018 to 2020 through fixed assets.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 22-07-2026, 9 days before the deadline
€99,848
▲ 5.5%
€53,789
▲ 21.1%
€33,350
▲ 27.2%
€51,421
▲ 389%
37.2%
▲ 5.5 percentage points
2.14
▲ 0.89

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 ≈ €190,000. Estimated: probably between €170,000 and €250,000.

In the rankings #8 company by equity in Hoogstraten, Telecoms and IT sector#10 company by total assets in Hoogstraten, Telecoms and IT sector

Balance sheet

balance sheet total €595,221 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

37.2%

Higher than 32% of 22,039 companies in 2025.

2.14

Higher than 45% of 21,339 companies in 2025.

5.6%

Higher than 27% of 21,530 companies in 2025.

CODE FOUNDRY Middle half of the sector 80% of the sector Micro accounts in computer programming and consultancy (NACE 62)

Net result: middle half · Equity: top quarter · Balance sheet total: top quarter · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015
Balance sheet: assets
20/58 595,221592,473614,763649,311667,203682,749582,116555,776483,013555,783561,049
21/28 498,594540,038560,633558,867537,924535,503351,967381,358406,746434,686446,227
21 --521773024275526778029271,052
22/27 498,594540,038560,581558,690537,622535,076351,415380,681405,944433,759445,175
22 488,102524,421540,294527,928510,585507,591346,822370,925394,000418,000442,000
23 10,49212,1139,31312,3177,8482,6793,4686,93610,40413,872-
24 -3,50310,97418,44519,18924,8051,1252,8201,5401,8873,175
29/58 96,62652,43554,13090,444129,279147,247230,149174,41876,267121,097114,822
29 ---24,19029,56734,69939,59844,27548,73953,00093,000
291 ---24,19029,56734,69939,59844,27548,73953,00093,000
40/41 21,57252516,91815,31613,07411,84411,1619,90912,29822,35113,636
40 21,568-16,91413,15312,69210,3599,5888,6102,71210,88713,636
41 452542,1623811,4851,5731,2999,58511,464-
54/58 75,05451,91137,21250,93780,36495,219176,049112,62712,57243,0718,186
490/1 ----6,2755,4853,3417,6082,6592,675-
Balance sheet: equity and liabilities
10/49 595,221592,473614,763649,311667,203682,749582,116555,776483,013555,783561,049
10/15 221,554188,204161,990166,146156,17683,44874,451125,12038,90379,61265,340
10/11 18,60018,60018,60018,60018,60018,60012,40012,40012,40012,40012,400
100 ------18,60018,60018,60018,60018,600
101 ------6,2006,2006,2006,2006,200
13 202,954169,604143,390147,546137,57664,84862,051112,72026,50367,21252,940
130/1 ---1,8601,8601,860-----
130 ------1,8601,8601,8601,8601,860
1311 ---1,8601,8601,860-----
133 202,954169,604143,390145,686135,71662,98860,191110,86024,64365,35251,080
17/49 373,666404,269452,773483,165511,027599,301507,665430,656444,110476,171495,709
17 328,461362,351395,530428,014459,817490,955380,419401,290421,673441,578461,017
170/4 328,461362,351395,530428,014459,817490,955380,419401,290421,673441,578461,017
42/48 45,20541,91857,24355,15151,21093,346127,24629,36522,43734,59334,692
42 34,63533,92433,22932,55231,88631,23120,87120,38219,90519,43918,983
44 4,4923,2486,4658505,4255,1593,0632,9505931,8551,752
440/4 4,4923,2486,4658505,4255,1593,0632,9505931,8551,752
45 4,5982,88214,67420,09113,7466,9563,1785,37719311,68711,267
450/3 3,5982,88214,67420,0913,9486,9563,1785,37719311,68711,267
454/9 1,000---9,798------
47/48 1,4801,8652,8751,65915450,000100,1336561,7471,6122,690
492/3 -----15,000-----
Income statement
9900 99,84894,65755,501165,808141,419140,588108,509140,2403,16360,597175,384
630 43,64446,43743,07937,48332,13432,29129,39129,79128,79428,88089,097
640/8 2,4153,8083,7253,3443,34023,0072,8622,8124,9336271,083
9901 53,78944,4128,698124,981105,94585,29076,256107,638-30,56431,09085,204
75/76B 553396864,7313,1632,3932,6324,5702,5684,55638
75 553396864,7313,1632,3932,6324,5702,5684,55638
65/66B 10,14910,75713,37514,72816,58221,14916,80113,08012,71313,9736,705
65 10,14910,75713,37514,72816,58221,14916,80113,08012,71313,9736,705
9903 44,19333,693-3,991114,98492,52566,53462,08799,128-40,70921,67378,536
67/77 10,8427,47916525,01319,79813,73712,75612,911-5,78923,996
9904 33,35026,214-4,15689,97072,72852,79749,33186,217-40,70915,88554,540
9905 33,35026,214-4,15689,97072,72852,79749,33186,217-40,70915,88554,540
Appropriation of the result
9906 33,35026,214-4,15689,97072,72852,79749,33186,217-40,70915,88554,540
791/2 --4,15680,000--50,669-40,709--
691/2 33,35026,214-89,97072,7282,797-86,217-14,27352,940
6920 ----------1,860
6921 33,35026,214-89,97072,7282,797-86,217-14,27351,080
694/7 ---80,000-50,000100,000--1,6121,600
694 ---80,000-50,000100,000--1,6121,600
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

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 accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 22-07-2026.

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
31-12-2025 micro format 22-07-2026 2026-00318234 PDF
31-12-2024 micro format 23-06-2025 2025-00170987 PDF
31-12-2023 micro format 31-07-2024 2024-00325470 PDF
31-12-2022 micro format 23-06-2023 2023-00164620 PDF
31-12-2021 micro format 07-07-2022 2022-20172085 PDF
31-12-2020 micro format 29-03-2021 2021-08700361 PDF
31-12-2019 micro format 30-06-2020 2020-23100326 PDF
31-12-2018 micro format 06-06-2019 2019-16600321 PDF
31-12-2017 micro format 27-09-2018 2018-65300403 PDF
31-12-2016 micro format 29-06-2017 2017-24300493 PDF
31-12-2015 abbreviated format 07-07-2016 2016-29900327 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015
97,43390,84851,777162,464138,079117,581105,647137,428-1,77059,970174,301
76,99472,65138,922127,453104,86285,08878,722116,008-11,91544,765143,637
2,20025,84144,84558,42634,555215,82704,40285417,340535,324
23,14414,699-13,726-29,426-14,855-80,83063,422100,055-30,49934,885-
51,42110,517-3,11335,29378,06953,900102,903145,05353,82986,50480,130
37.2%31.8%26.3%25.6%23.4%12.2%12.8%22.5%8.1%14.3%11.6%
2.141.250.951.642.521.581.815.943.403.503.31
1.692.152.802.913.277.186.823.4411.425.987.59
15.1%13.9%-2.6%54.2%46.6%63.3%66.3%68.9%-104.6%20.0%83.5%
5.6%4.4%-0.7%13.9%10.9%7.7%8.5%15.5%-8.4%2.9%9.7%
9.608.453.8711.038.33------

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
Item20252024202320222021
Tangible fixed assets€2,200€25,841€44,845€58,426€34,555
€43,644€46,437€43,079€37,483€32,134

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

Insights on CODE FOUNDRY

The operating result for 2025 is 21% higher than in 2024 and the highest since 2022. It is the second rise in a row, after the fall in 2023.

Debt's share of the balance-sheet total falls from 68.2% to 62.8%. Equity is higher and debt is lower.

Board & ownership

Board

1 director, last change in 2023
Director
since 24-06-2014
listed in the 2025 annual accounts, filed on 22-07-2026

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today

Director
Board
Mandates as a list
    • Director, from 24-06-2014 to date

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
€18,600
Source
deed of 03-10-2023

Articles of association

deed of 03-10-2023 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
“Bepalingen overdracht onder levenden mutatis mutandis,hoedanigheid kenbaar binnen twee maanden na overlijden,betekeningen door elke…”
“Helft kandidaat-overdrager en helft vennootschap, schenking,ruiling,inbreng,overgang ten algemene titel en erfgenamen-legatarissen die niet…”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Monday of June at 16:00

Network & group

No group

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

Timeline

Timeline

21 events since 2014

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 9 days before the deadline
2025
Equity above €200,000 equity €221,554 ▲17.7% After 2 profitable years in a row, equity reaches €221,554.
Annual accounts 2024 filed PDFmicro format · 38 days before the deadline
2024
Back to profit net €26,214 The net result is €26,214, after one loss-making year.
Annual accounts 2023 filed PDFmicro format · on the deadline day
2023
Amendment of the articles · Legal-form change · Resignations & appointmentsDirector in office: · General meeting of 22-09-20231 point ▸
  • General meeting, 22-09-2023
  • The deed holds 4 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2022 filed PDFmicro format · 38 days before the deadline
2022
Highest result from 2015 to 2025 net €89,970 ▲23.7% The operating result of €124,981 and the net result of €89,970 are both a record.
Annual accounts 2021 filed PDFmicro format · 24 days before the deadline
2021
Equity above €150,000 equity €156,176 ▲87.2% After 4 profitable years in a row, equity reaches €156,176.
Annual accounts 2020 filed PDFmicro format · 124 days before the deadline
2020
Annual accounts 2019 filed PDFmicro format · 31 days before the deadline
2019
Annual accounts 2018 filed PDFmicro format · 55 days before the deadline
2018
Back to profit net €86,217 The net result is €86,217, after one loss-making year.
Equity above €100,000 equity €125,120 ▲222% Equity rises from €38,903 to €125,120.
Annual accounts 2017 filed PDFmicro format · 58 days late
2017
Weakest financial year net -€40,709 The net result drops to -€40,709, the lowest from 2015 to 2025. It recovers the following year.
Annual accounts 2016 filed PDFmicro format · 32 days before the deadline
2016
Annual accounts 2015 filed PDFabbreviated format · 24 days before the deadline
2014
Incorporation PDFpublished on 11-07-2014
First establishment Gouverneursbossen 1, Hoogstraten

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

CODE FOUNDRY was incorporated on 26 June 2014.1 Total assets went from €555,776 in 2018 to €595,221 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0554.950.757
VAT number
BE 0554.950.757
Peppol ID
0208:0554950757
Other Peppol ID
9925:BE0554950757
Legal form
Private limited company
Status
Active, normal situation
Founded
26-06-2014
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Monday of June at 16:00
deed of 03-10-2023 (in Dutch)
Peppol
Reachable via PeppolFollow this company and you will hear the next morning if it leaves the Peppol register.
Name
CODE FOUNDRY in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 03-10-2023 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 03-10-2023 (in Dutch)

Activities

NACEBEL 2025
62200 Computer consultancy and computer facilities management main activity
Codes under NACEBEL 2008
62020 IT consultancy main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Het kopen en verkopen van onroerende goederen,renoveren en zelf laten oprichten van gebouwen en heel of gedeeltelijk voortverkopen van…”
13 activities
  1. Het kopen en verkopen van onroerende goederen,renoveren en zelf laten oprichten van gebouwen en heel of gedeeltelijk voortverkopen van gebouwen,huren en verhuren,leasen en in leasing geven van onroerende goederen
  2. Het bewerken en exploiteren van land en tuinbouwgronden
  3. Het kopen,verhuren en verkopen van landbouwgronden
  4. De groothandel in computers en randapparatuur
  5. De kleinhandel in computers en randapparatuur
  6. Adviesverlening en consulting in de meest ruime zin van het woord
  7. Dienstverlening en productontwikkeling op en gerelateerd aan het internet
  8. Het plannen,creëren en aanbieden van opleidingspakketten in de meest ruime zin van het woord
  9. Dienstverlening en productontwikkeling inzake informatietechnologie in de meest ruime zin van het woord
  10. Advies,planning,design,development en onderhoud van softwaretoepassingen in de meest ruime zin van het woord
  11. Het hosten,ontwikkelen,plannen,adviseren en wijzigen van websites en webapplicaties in de meest ruime zin van het woord
  12. Het plannen,creëren,ontwikkelen,adviseren,beheren en uitvoeren van marketing en publiciteitscampagnes
  13. Het ter beschikking stellen van een werkplaats en woonplaats voor de zaakvoerders,vennoten en hun familieleden
deed of 03-10-2023 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Gouverneursbossen 1 registered office 2322 Hoogstraten 26-06-2014 2.233.122.716

Buildings and parcels at the address

Ground area
1.6 ha
Buildings
177 m²
Volume, LiDAR
1,028 m³
Tallest building
9.3 m
Buildings to scale, each on its own parcel
177 m², 9.3 m 177 m², 9.3 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
13024D0380/00P0001.6 ha 1 · 177 m² 9.3 m · 2

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