Turnover
≈ €57,000 estimated
The micro format states no turnover.
CODE IMMO
Overview
Lifetime
3 annual accounts with figures on one time axispeak €13,152 (2025)
€13,152▲ 11.3%
lowest -€8,445 (2023)
€10,360▼ 0.3%
peak €12,301 (2025)
€12,301▲ 534%
€9,771▲ 53.8%
Board1 name since 2022
1 director
Documentsfilings and deeds
04-03-202657 days before the deadline
2025micro format
Equity from €1,941 to €12,301Debts from €6,351 to €9,771Cash from €17 to €10,328
Key points
from the 2025 annual accountsInvestments
€1,999 44.6 × depreciation
Green is investment, beige is depreciation.
Liquidity
2.06 was 1.31 in 2024
Short-term debts rose from €6,351 to €9,771.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 39,274 companies had the same profile as CODE IMMO has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
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.
| 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 39,274 companies, not a prediction for CODE IMMO. 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 0208:0792371917
Incorporation
Founding capital of €5,000 · Founder: (comparant) · Founding capital of EUROS 5,000, 100 shares · Appointment: (director) · published on 14-10-2022 · Gazette deed
First establishment
Zevensterrenstraat 28, Berchem-Sainte-Agathe
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CODE IMMO Berchem-Sainte-Agathe | €22,071 | €13,152 | 55.7% | - |
| AKR CONSULT Auderghem | €18,561 | €12,045 | -152.5% | - |
| D-Invest Pittem | €20,278 | €13,812 | 62.7% | - |
| GAMA REAL ESTATE Martelange | €25,992 | €13,467 | 76.5% | - |
| RSL-groep Brecht | €26,046 | €10,969 | 86.6% | - |
| LS - IMMO Overijse | €23,638 | €12,212 | 56.9% | - |
| Incardona & Co Anderlecht | €28,062 | €11,818 | 40.8% | - |
These companies have the same main activity as CODE IMMO: real estate agency activities (NACE 68310). They are comparable in size and age: total assets between €18,600 and €28,100, founded between 2021 and 2023.
Official details
Source: KBO- Status
- Active since 12-10-2022Normal situation
- Activity
- Real estate agency activitiesNACE 68310and 2 others
- Establishment unit
- 2.337.403.7531082 Berchem-Sainte-Agathe, since 12-10-2022
- Financial year end
- 30 September
- Peppol
- Reachable since 03-02-2026
Annual accounts to 30-09-2025
- €13,152▲ 11.3%
- €10,360▼ 0.3%
- €12,301▲ 534%
- €22,071▲ 166%
- Filing
- Filed on 04-03-2026, 57 days before the end of the filing period
Insights on CODE IMMO
CODE IMMO files the micro format. That format states no turnover. The gross margin rose from -€8,020 in 2023 to €13,152 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 04-03-2026, 57 days before the deadline€13,152
▲ 11.3%
€12,992
▲ 11.6%
€10,360
▼ 0.3%
€10,347
▲ 433%
55.7%
▲ 32.3 percentage points
2.06
▲ 0.75
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 ≈ €57,000. Estimated: probably between €19,000 and €97,000.
Balance sheet
balance sheet total €22,071 on 30-09-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
55.7%
Higher than 68% of 19,803 companies in 2025.
2.06
Higher than 67% of 18,977 companies in 2025.
46.9%
Higher than 95% of 19,446 companies in 2025.
CODE IMMO
Middle half of the sector
80% of the sector
Micro accounts in real estate (NACE 68)
Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
22,071 | 8,292 | 3,843 | |
21/28 |
1,954 | - | - | |
22/27 |
1,954 | - | - | |
24 |
1,954 | - | - | |
29/58 |
20,117 | 8,292 | 3,843 | |
40/41 |
9,693 | 8,275 | 3,594 | |
40 |
2,338 | 1,355 | 3,594 | |
41 |
7,355 | 6,920 | - | |
54/58 |
10,328 | 17 | 249 | |
490/1 |
96 | - | - | |
| Balance sheet: equity and liabilities | ||||
10/49 |
22,071 | 8,292 | 3,843 | |
10/15 |
12,301 | 1,941 | -8,445 | |
13 |
12,301 | - | - | |
133 |
12,301 | - | - | |
14 |
- | 1,941 | -8,445 | |
17/49 |
9,771 | 6,351 | 12,287 | |
42/48 |
9,771 | 6,351 | 12,287 | |
44 |
4,759 | 3,623 | 1,324 | |
440/4 |
4,759 | 3,623 | 1,324 | |
45 |
5,011 | 2,728 | 10,625 | |
450/3 |
5,011 | 2,728 | 1,625 | |
454/9 |
- | - | 9,000 | |
47/48 |
- | - | 337 | |
| Income statement | ||||
9900 |
13,152 | 11,817 | -8,020 | |
630 |
45 | - | - | |
640/8 |
115 | 174 | 278 | |
9901 |
12,992 | 11,643 | -8,298 | |
75/76B |
397 | 263 | 0 | |
75 |
397 | 263 | 0 | |
65/66B |
284 | 213 | 147 | |
65 |
284 | 213 | 147 | |
9903 |
13,105 | 11,694 | -8,445 | |
67/77 |
2,746 | 1,308 | - | |
9904 |
10,360 | 10,386 | -8,445 | |
9905 |
10,360 | 10,386 | -8,445 | |
| Appropriation of the result | ||||
9906 |
10,360 | 1,941 | -8,445 | |
14P |
- | -8,445 | - | |
691/2 |
10,360 | - | - | |
6921 |
10,360 | - | - | |
| Document | ||||
The notes to these accounts have 4 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 04-03-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 13,037 | - | - | ||
| 10,405 | - | - | ||
| 1,999 | - | - | ||
| 10,311 | -232 | - | ||
| 10,347 | 1,941 | -8,445 | ||
| 55.7% | 23.4% | - | ||
| 2.06 | 1.31 | - | ||
| 0.79 | 3.27 | - | ||
| 84.2% | 535.0% | - | ||
| 46.9% | 125.2% | - | ||
| 45.95 | - | - |
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| Item | 30-09-2025 | 30-09-2024 | 30-09-2023 |
|---|---|---|---|
| Tangible fixed assets | €1,999 | - | - |
| €45 | - | - |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on CODE IMMO
The operating result for 2025 is 12% higher than in 2024 and the highest since 2023. It is the second rise in a row.
Debt's share of the balance-sheet total falls from 76.6% to 44.3%. Equity and debt are higher.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
since 12-10-2022
term without a fixed end
also on the board of 1 other company
listed in the 2025 annual accounts, filed on 04-03-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 14-10-2022
Mandates through the years
1 name, the dashed line is todayDirector (not named in the articles)
Board
Mandates as a list
-
- Director (not named in the articles), from 12-10-2022 to date
Control
Founder
This company
CODE IMMO
Equity €12,301
Profit €10,360 in 2025
Capital
- Contribution
- €5,000
- Shares
- 100
- Contribution per share
- €50
- Equity per share
- €123 in 2025
- Source
- deed of 14-10-2022
Articles of association
deed of 14-10-2022 (in French)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Organe d'administration, assemblée fixe nombre et durée”
Shareholders
At incorporation
deed of 14-10-2022 ↗
- 100 shares (100%) · €5,000
Network & group
No group
CODE IMMO has no parent and no holdings in its annual accounts. is the only director.
Connections & network
1 connected companyThe connected companies are in the list below.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
via · Director · deed of 25-08-2026
Founded in 2026
Timeline
Timeline
8 events since 2022Filings
Financial
Establishments
20222023202420252026
Deadline for the 2026 accounts: 30-04-2027
2026
Annual accounts 2025 filed PDFmicro format · 57 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:0792371917
2025
Annual accounts 2024 filed PDFmicro format · 41 days before the deadline
2024
Back to profit net €10,386 The net result is €10,386, after one loss-making year.
Liquidity more than quadruples current ratio 1.31 The current ratio rises from 0.31 to 1.31. Short-term debt falls from €12,287 to €6,351.
Annual accounts 2023 filed PDFmicro format · 28 days before the deadline
2022
IncorporationFounding capital of €5,000 · Founder: (comparant) · Founding capital of EUROS 5,000, 100 shares · Appointment: (director) · published on 14-10-20224 points ▸
- Founder, (comparant)
- Founding capital, euros 5.000, 100 shares
- 100 shares
- Director appointment, (director (not named in the articles))
- The deed holds 4 more points.
First establishment Zevensterrenstraat 28, Berchem-Sainte-Agathe
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
Company details
Identity
- Enterprise number
- 0792.371.917
- VAT number
- BE 0792.371.917
- Peppol ID
- 0208:0792371917
- Other Peppol ID
- 9925:BE0792371917
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 12-10-2022
- Financial year
- ends on 30 September
- Peppol
- Reachable since 03-02-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- CODE IMMO in French
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 14-10-2022 (in French)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Région de Bruxelles-Capitale”deed of 14-10-2022 (in French)
Activities
NACEBEL 202568310
Real estate agency activities main activity
Codes under NACEBEL 2008
68311
Real estate activities main activity
68312
Real estate activities
68321
Real estate activities
68322
Real estate activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “La gestion ou gérance d'immeubles en qualité de syndic ou autre qualité; La gestion et l'organisation de tout patrimoine immobilier…”deed of 14-10-2022 (in French)
12 activities
- La gestion ou gérance d'immeubles en qualité de syndic ou autre qualité
- La gestion et l'organisation de tout patrimoine immobilier
- L'activité d'agence immobilière,d'administrateur de biens,de marchand de biens
- La remise de fonds de commerce et la prise de participations dans toutes sociétés
- L'expertise immobilière
- L'achat,la vente,la revente,l'échange,le courtage,le lotissement,la mise en valeur,la construction,la reconstruction,la rénovation,la décoration intérieure,la démolition,la transformation,l'aménagement,l'exploitation,la dation ou prise à bail ou en emphytéose,la location et la gérance,la gestion et l'administration de tous immeubles bâtis en Belgique ou à l'étranger,meublés ou non et d'une manière générale toutes les opérations civiles et commerciales en rapport avec l'immobilier
- Le conseil en matière de marketing et management
- La réalisation d'étude de marché,de campagnes publicitaire et promotionnelle
- La formation en technique de vente,en marketing et management
- La délégation commerciale
- Le training et le coaching
- L'achat la vente,l'échange,la mise en valeur,le courtage,l'étude,l'expertise et la négociation de tout financement et toutes opérations d'assurance
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Zevensterrenstraat 28 registered office 1082 Berchem-Sainte-Agathe | 12-10-2022 | 2.337.403.753 |
Buildings and parcels at the address
- Ground area
- 146 m²
- Buildings
- 53 m²
- Volume, LiDAR
- 283 m³
- Tallest building
- 9.6 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21003A0179/00N003 | 146 m² | 1 · 53 m² | 9.6 m · 1 |
Contact
E-mail
demulder.co@hotmail.com