Equity
€20,460 from €101,790 in 2020
Equity fell by 80% in 5 years.
CODE IT
Lifetime
10 annual accounts with figures on one time axispeak €79,761 (2024)
€78,693▼ 1.3%
peak €57,826 (2024)
€57,806unchanged
peak €101,790 (2020)
€20,460unchanged
€75,720▲ 2.2%
Board1 name since 2016
1 director
Documentsfilings and deeds
30-03-2026123 days before the deadline
2025micro format
Dividend €57,806Investments €6,566
Key points
from the 2025 annual accountsDebts
€75,720 79% of the balance sheet
Suppliers 2%Taxes and wages 10%Other 88%
Investments
€6,566 2.2 × depreciation
Green is investment, beige is depreciation.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 5,052 companies had the same profile as CODE IT has now. Each dot stands for 13 companies, two years later.
95.8%
were still trading
2.4%
stopped another way
1.6%
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 497,762 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 5,052 companies, not a prediction for CODE IT. 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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Signals
Board and ownership
Director, since 29-01-2016
- 95 sharesdeed of 02-02-2016
- 5 sharesdeed of 02-02-2016
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0647639603
Resignation: (manager)
Reappointment: (director) · Director discharge: · General meeting of 03-11-2023 · Gazette deed
First establishment
Voortstraat 38, Lummen
Incorporation
Appointment: (manager) · Founder: · Founder: · published on 02-02-2016 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CODE IT Lummen | €96,180 | €78,693 | 21.3% | - |
| Continual Hasselt | €100,351 | €75,486 | 18.5% | - |
| ERFIPRO Tongeren-Borgloon | €88,242 | €70,252 | 89.3% | - |
| Vujadé Hasselt | €84,311 | €78,608 | 86.2% | - |
| Pioniraj Zutendaal | €111,379 | €80,321 | 33.8% | - |
| AveTec Gavere | €96,751 | €77,009 | 19.2% | - |
| BAETEN CREATIONS Tienen | €97,799 | €81,914 | 18.2% | - |
These companies have the same main activity as CODE IT: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €84,300 and €111,000, founded between 2015 and 2017.
Official details
Source: KBO- Status
- Active since 29-01-2016Normal situation
- Activity
- Computer consultancy and computer facilities managementNACE 62200and 3 others
- Establishment unit
- 2.249.759.1073560 Lummen, since 01-02-2016
- Financial year end
- 31 December
- Peppol
- Reachable since 05-10-2025
Annual accounts 2025
- ≈ €150,000estimated
- €96,180▲ 1.7%
- Filing
- Filed on 30-03-2026, 123 days before the end of the filing period
Insights on CODE IT
CODE IT files the micro format. That format states no turnover. The gross margin rose from €40,993 in 2016 to €78,693 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 IT
- What is the company number of CODE IT?
- The company number of CODE IT is 0647.639.603. The VAT number is the same number with BE in front: BE 0647.639.603.
- Where is CODE IT based?
- The registered office is at Voortstraat 38, 3560 Lummen.Company details
- What does CODE IT do?
- According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
- What is the legal form of CODE IT?
- CODE IT is a private limited company (BV).
- When was CODE IT founded?
- CODE IT was founded on 29-01-2016.
- Is CODE IT still active?
- Yes, CODE IT is an active enterprise in the KBO register.
- What is the turnover of CODE IT?
- The turnover in financial year 2025 is ≈ €150,000. This figure is estimated from the gross margin of €78,693 and 60 comparable companies (NACE 62200). It probably lies between €130,000 and €200,000.Financials
- Is CODE IT profitable?
- In financial year 2025, CODE IT made a profit of €57,806.
- Where can I find the annual accounts of CODE IT?
- CODE IT filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CODE IT due?
- CODE IT 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 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 See what changed in the latest annual accounts.What changed
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