Equity
€46,333 ▼ 64.6%
Code-it paid out €110,000 in dividends. That is 430% of the 2025 profit.
Code-it
Overview
Lifetime
3 annual accounts with figures on one time axispeak €73,505 (2023)
€52,812▼ 19.0%
peak €42,804 (2024)
€25,564▼ 40.3%
peak €163,249 (2023)
€46,333▼ 64.6%
€10,329▼ 88.8%
Board1 name since 2018
1 directorTabti Moshab
Documentsfilings and deeds
23-03-2026130 days before the deadline
2025micro format
Gross margin from €65,166 to €52,812Result from €42,804 to €25,564Dividend €110,000Equity from €130,769 to €46,333Debts from €92,476 to €10,329Cash from €163,139 to €1,157
Key points
from the 2025 annual accountsChecked score
92
Excellent
Financially stronger than 50% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 25,933 companies (NACE 62, micro).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025lowest value
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: 0.1%▲ +0.1 percentage points vs 03-2026highest value
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Liquidity: current ratio 3.34, cash €1,157, halved
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Figures for financial year 2025 (filed on 23-03-2026)
Equity €46,333 (81.8% of total assets)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro). It does better than 85% of them on solvency, 22% on liquidity, 82% on profitability and 11% on growth.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 26,972 companies had the same profile as Code-it has now. Each dot stands for 68 companies, two years later.
94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Code-it itself is lower: 0.1% within 12 months. It rests on far more data about Code-it than the profile alone.
Test of the method
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 26,972 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
Credit of up to €4,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.34 (2.06 in 2024), above the usual 1.5. Short-term debt is 18.2% and cash 2% of total assets. 18.2% of the assets are financed with debt and provisions.
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
Five signals.
lowers riskraises riskneutral
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 23-03-2026, 130 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
130 days early
2024
48 days early
2023
20 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 53 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 13 June (3 of the last 3 accounts filed within 82 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- Tabti Moshab 99 sharesdeed of 11-05-2018
- Barakat Reham 1 sharedeed of 11-05-2018
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0695587493
Registered office moved from Brussels to Evere
New registered office: Chaussée de Haecht 1032, 1140 Evere · Previous registered office: Rue du champ de la couronne 131 1020 Bruxelles · Resignation: TABTI Moshab (manager) · General meeting of 29-03-2023 · Gazette deed
Registered office moved within Brussels
New registered office: Rue du champ de la couronne 131 1020 Bruxelles · Previous registered office: AVENUE SLEECKX 37 1030 Bruxelles · General meeting of 01-01-2019 · Gazette deed
Registered office moved from Brussels to Schaerbeek
New registered office: Avenue Sleeckx 37, 1030 Schaerbeek · Previous registered office: Avenue Prudlent Bols 45 Boite 1. 1020 Bruxelles · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Code-it Evere | €56,662 | €52,812 | 81.8% | - |
| VALCONS Woluwe-Saint-Lambert | €52,220 | €47,800 | 75.9% | - |
| SCULPMAN Pajottegem | €58,536 | €48,908 | -220.8% | - |
| O&R SERVICES Mechelen | €62,274 | €54,174 | 33.6% | - |
| XTOF Beringen | €52,891 | €46,102 | 19.2% | - |
| DEVELOPPEMENT CREATION & ADMINISTRATION Tubize | €58,417 | €64,233 | -35.3% | - |
| INDICODE Wijnegem | €52,710 | €49,905 | 27.0% | - |
These companies have the same main activity as Code-it: computer programming (NACE 62100). They are comparable in size and age: total assets between €52,200 and €62,300, founded between 2017 and 2019.
Official details
Source: KBO- Status
- Active since 19-04-2018Normal situation
- Activity
- Computer programmingNACE 62100and 3 others
- Establishment unit
- 2.275.302.4721020 Brussels, since 30-04-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 08-12-2025
Annual accounts 2025
- €52,812▼ 19.0%
- €25,564▼ 40.3%
- €46,333▼ 64.6%
- €56,662▼ 74.6%
- Filing
- Filed on 23-03-2026, 130 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 fell from €73,505 in 2023 to €52,812 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 23-03-2026, 130 days before the deadline€52,812
▼ 19.0%
€35,823
▼ 33.5%
€25,564
▼ 40.3%
€24,130
▼ 75.3%
81.8%
▲ 23.2 percentage points
3.34
▲ 1.28
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 ≈ €120,000. Estimated: probably between €100,000 and €160,000.
Balance sheet
balance sheet total €56,662 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
81.8%
Higher than 77% of 21,208 companies in 2025.
3.34
Higher than 62% of 20,571 companies in 2025.
45.1%
Higher than 82% of 20,746 companies in 2025.
Code-it
Middle half of the sector
80% of the sector
Micro accounts in computer programming and consultancy (NACE 62)
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 |
56,662 | 223,244 | 195,903 | |
21/28 |
22,203 | 33,091 | 44,073 | |
22/27 |
21,903 | 32,791 | 43,473 | |
24 |
21,903 | 32,791 | 43,473 | |
28 |
300 | 300 | 600 | |
29/58 |
34,459 | 190,154 | 151,830 | |
40/41 |
33,302 | 27,015 | - | |
41 |
33,302 | 27,015 | - | |
54/58 |
1,157 | 163,139 | 151,830 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
56,662 | 223,244 | 195,903 | |
10/15 |
46,333 | 130,769 | 163,249 | |
10/11 |
500 | 500 | 500 | |
10 |
- | 500 | - | |
100 |
- | 500 | - | |
13 |
39,625 | 39,625 | 39,625 | |
133 |
39,625 | 39,625 | 39,625 | |
14 |
6,208 | 90,644 | 123,124 | |
17/49 |
10,329 | 92,476 | 32,654 | |
42/48 |
10,329 | 92,476 | 32,654 | |
44 |
274 | 2,051 | 2,417 | |
440/4 |
274 | 2,051 | 2,417 | |
45 |
10,056 | 10,424 | 12,732 | |
450/3 |
7,056 | 10,424 | 12,732 | |
454/9 |
3,000 | - | 0 | |
47/48 |
- | 80,000 | 17,505 | |
| Income statement | ||||
76A |
- | - | 6,870 | |
9900 |
52,812 | 65,166 | 73,505 | |
630 |
12,134 | 11,281 | 11,129 | |
640/8 |
4,855 | - | 150 | |
9901 |
35,823 | 53,885 | 62,227 | |
75/76B |
60 | - | - | |
75 |
60 | - | - | |
65/66B |
110 | 31 | 161 | |
65 |
110 | 31 | 161 | |
9903 |
35,774 | 53,854 | 62,066 | |
67/77 |
10,210 | 11,050 | 20,636 | |
9904 |
25,564 | 42,804 | 41,429 | |
9905 |
25,564 | 42,804 | 41,429 | |
| Appropriation of the result | ||||
9906 |
116,208 | 170,644 | 123,124 | |
14P |
90,644 | 127,840 | 81,695 | |
694/7 |
110,000 | 80,000 | - | |
694 |
110,000 | 80,000 | - | |
| Document | ||||
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 filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 23-03-2026.
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 |
|---|---|---|---|---|
| 47,958 | 65,166 | 73,355 | ||
| 37,698 | 54,085 | 52,558 | ||
| 1,247 | 599 | 3,392 | ||
| -161,982 | 11,309 | - | ||
| 24,130 | 97,678 | 119,176 | ||
| 81.8% | 58.6% | 83.3% | ||
| 3.34 | 2.06 | 4.65 | ||
| 0.22 | 0.71 | 0.20 | ||
| 55.2% | 32.7% | 25.4% | ||
| 45.1% | 19.2% | 21.1% | ||
| over 100 | over 100 | over 100 |
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 | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | €1,247 | €599 | €3,242 |
| Financial fixed assets | - | - | €150 |
| €12,134 | €11,281 | €11,129 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on Code-it
The operating result for 2025 is 34% lower than in 2024 and the lowest since 2023. It is the second fall in a row.
Debt's share of the balance-sheet total falls from 41.4% to 18.2%. Equity and debt are lower.
Board & ownership
Board
1 director, no change since 2023Director (not named in the articles)
since 29-03-2023
term without a fixed end
listed in the 2025 annual accounts, filed on 23-03-2026
Mandates through the years
1 name, the dashed line is todayTabti Moshab
Director (not named in the articles)
Director (not named in the articles)
BoardEarliermandate already running before its first mention
Mandates as a list
- Tabti Moshab
- Manager, from 19-04-2018 to 05-05-2023
- Director (not named in the articles), since before 05-05-2023
Control
Capital
- Contribution
- €500
- Source
- 2025 annual accounts
Articles of association
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 11-05-2018 (in French)
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Friday of June at 18:00deed of 05-05-2023 (in French)
Shareholders
At incorporation
deed of 11-05-2018 ↗
- Tabti Moshab 99 shares
- Barakat Reham 1 share
Network & group
No group
Code-it has no parent and no holdings in its annual accounts. Tabti Moshab is the only director. Code-it shares no director with another company.
At the same address
Haachtsesteenweg 1032, 1140 Evere · 3 other companies| KAN SERVICES
establishment since 01-10-2024 · founded in 2024 |
turnover €47,006 (2025) 1011.819.866 |
| T.B. CARS
registered office since 01-08-2006 · founded in 2006 · negative equity (2025) |
total assets €9,829 (2025) 0879.435.751 |
| SERVICES ONLINE
establishment since 01-05-2019 |
founded in 2019 0724.898.123 |
Timeline
Timeline
11 events since 2018Board
Capital
Filings
Financial
Establishments
Address
20182020202220242026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed PDFmicro format · 130 days before the deadline
2025
Weakest financial year net €25,564 ▼40.3% The net result drops to €25,564, the lowest from 2023 to 2025.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0695587493
Annual accounts 2024 filed PDFmicro format · 48 days before the deadline
2024
Highest result from 2023 to 2025 net €42,804 ▲3.3% The net result of €42,804 is the highest of those years.
Annual accounts 2023 filed PDFmicro format · 20 days late
2023
Registered office moved from Brussels to EvereNew registered office: Chaussée de Haecht 1032, 1140 Evere · Previous registered office: Rue du champ de la couronne 131 1020 Bruxelles · Resignation: TABTI Moshab (manager) · General meeting of 29-03-20236 points ▸
- Director resignation, TABTI Moshab (manager)
- Director reappointment, TABTI Moshab (director (not named in the articles))
- Director discharge, TABTI Moshab
- Registered-office move, Chaussée de Haecht 1032, 1140 Evere
- General meeting, 29-03-2023
- Legal-form conversion, from general partnership to private limited company
- The deed holds 4 more points.
2019
Registered office moved within BrusselsNew registered office: Rue du champ de la couronne 131 1020 Bruxelles · Previous registered office: AVENUE SLEECKX 37 1030 Bruxelles · General meeting of 01-01-20192 points ▸
- General meeting, 01-01-2019
- Registered-office move, Rue du champ de la couronne 131 1020 Bruxelles
2018
Registered office moved from Brussels to SchaerbeekNew registered office: Avenue Sleeckx 37, 1030 Schaerbeek · Previous registered office: Avenue Prudlent Bols 45 Boite 1. 1020 Bruxelles1 point ▸
- Registered-office move, Avenue Sleeckx 37, 1030 Schaerbeek
First establishment Prudent Bolslaan 45, Brussels
IncorporationFounders: Tabti Moshab and Barakat Reham · Founding capital of €500, 100 shares · Appointment: Tabti Moshab (manager) · published on 11-05-20186 points ▸
- Founder, Tabti Moshab
- Founder, Barakat Reham
- Founding capital, €500, 100 shares
- Tabti Moshab holds 99 shares
- Barakat Reham holds 1 share
- Director appointment, Tabti Moshab (manager)
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
- 0695.587.493
- VAT number
- BE 0695.587.493
- Peppol ID
- 0208:0695587493
- Other Peppol ID
- 9925:BE0695587493
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 19-04-2018
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Friday of June at 18:00deed of 05-05-2023 (in French)
- Peppol
- Reachable since 08-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- Code-it in French
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 11-05-2018 (in French)
Activities
NACEBEL 202562100
Computer programming main activity
Codes under NACEBEL 2008
62010
Computer programming, consultancy and related activities main activity
62020
IT consultancy
62030
Computer programming, consultancy and related activities
62090
Computer programming, consultancy and related activities
63110
Computing infrastructure, data processing, hosting and other information service activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Toute opération d'achat,de vente et de location de matériel informatique(hardware et software),de matériel et de mobilier de bureau et en…”deed of 05-05-2023 (in French)
7 activities
- Toute opération d'achat,de vente et de location de matériel informatique(hardware et software),de matériel et de mobilier de bureau et en général de tout matériel pouvant servir directement ou indirectement à son objet
- La création,le développement,la distribution,l'installation,la mise en service des supports informatiques aussi bien en matière de software que de hardware et la centralisation des données: gestion des réseaux et des ordinateurs,étude et développement de logiciels,la création,le développement,l'installation et la mise en œuvre de réseaux internationaux
- Le développement,la coordination et la supervision du traitement des données,des programmes ainsi que du choix des matériels et logiciels informatiques
- L'achat,l'exploitation,la location,la cession de tout brevet,licence,intervention ou marque de fabrique se rattachant directement ou indirectement à l'objet de la société
- L'organisation,l'élaboration et l'animation de conférences,de séminaires,de formations générales professionnelles ou techniques
- Toute opération concernant l'information,la diffusion par toute voie existante de publicité et de documentation et le service aux personnes physiques et morales
- Toute activité en rapport avec le service internet,extranet,intranet,ainsi que tous services en matière de télécommunication,informatique,présent ou futur
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Haachtsesteenweg 1032 registered office 1140 Evere | ||
| Prudent Bolslaan 45 1020 Brussels | 30-04-2018 | 2.275.302.472 |
2 former offices
- Avenue Sleeckx 37, 1030 Bruxelles until the deed of 29-11-2019
- Avenue Prudlent Bols 45 Boite 1., 1020 Bruxelles until 30-08-2018 · deed of 22-11-2018
Buildings and parcels at the addresses
- Ground area
- 1,050 m²
- Buildings
- 1,000 m²
- Volume, LiDAR
- 6,235 m³
- Tallest building
- 14.9 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21816C0081/00A005 | 776 m² | 1 · 762 m² | 12.3 m · 2 |
| 21372D0193/00N002 | 274 m² | 1 · 237 m² | 14.8 m · 3 |