Code-less
Annual accounts 2025
abbreviated format, filed on 22-07-2026, 9 days before the deadlineTurnover and EBIT margin are not published. The abbreviated format does not require them.
Balance sheet
balance sheet total €6,308 on 31-12-2025in euro
in euro
Staff
Staff costs divided by the average number of full-time equivalents.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
6,308 | 1,348 | 2,935 | 12,788 | |
29/58 |
6,308 | 1,348 | 2,935 | 12,788 | |
40/41 |
6,249 | 887 | 708 | 6,851 | |
40 |
0 | 559 | 559 | 6,851 | |
41 |
6,249 | 328 | 149 | - | |
54/58 |
59 | 461 | 2,227 | 5,937 | |
| Balance sheet: equity and liabilities | |||||
10/49 |
6,308 | 1,348 | 2,935 | 12,788 | |
10/15 |
-154,061 | -148,034 | -142,110 | -126,824 | |
10/11 |
30,000 | 30,000 | 30,000 | 30,000 | |
14 |
-184,061 | -178,034 | -172,110 | -156,824 | |
17/49 |
160,369 | 149,382 | 145,045 | 139,612 | |
42/48 |
160,369 | 149,382 | 145,045 | 139,612 | |
43 |
- | - | 0 | 66 | |
430/8 |
- | - | 0 | 66 | |
44 |
34,534 | 37,571 | 38,052 | 39,911 | |
440/4 |
34,534 | 37,571 | 38,052 | 39,911 | |
45 |
- | - | 0 | 37 | |
450/3 |
- | - | 0 | 37 | |
47/48 |
125,835 | 111,811 | 106,993 | 99,597 | |
| Income statement | |||||
76A |
- | - | 0 | 1,306 | |
9900 |
-4,366 | -4,801 | -8,030 | -30,721 | |
62 |
- | 0 | -363 | 113,407 | |
630 |
- | - | 0 | 2,303 | |
640/8 |
1,154 | 580 | 423 | 7,131 | |
66A |
- | 0 | 588 | - | |
9901 |
-5,520 | -5,381 | -8,678 | -153,561 | |
75/76B |
0 | 0 | 0 | 36 | |
75 |
0 | 0 | 0 | 36 | |
65/66B |
507 | 433 | 6,608 | 3,299 | |
65 |
507 | 433 | 6,608 | 3,299 | |
9903 |
-6,027 | -5,813 | -15,286 | -156,824 | |
67/77 |
0 | 111 | - | - | |
9904 |
-6,027 | -5,925 | -15,286 | -156,824 | |
9905 |
-6,027 | -5,925 | -15,286 | -156,824 | |
| Appropriation of the result | |||||
9906 |
-184,061 | -178,034 | -172,110 | -156,824 | |
14P |
-178,034 | -172,110 | -156,824 | - | |
| Social balance sheet | |||||
9087 |
0 | 0 | 0 | 3 | |
Hours worked1013 |
- | - | - | 1,024 | |
| Document | |||||
The notes to these accounts have 1 item. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 22-07-2026.
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 | 2022 |
|---|---|---|---|---|---|
| - | - | -8,678 | -151,258 | ||
| - | - | -15,286 | -154,521 | ||
| - | - | 0 | 13,260 | ||
| -402 | -1,766 | -3,709 | - | ||
| -154,061 | -148,034 | -142,110 | -126,824 | ||
| - | - | - | -991.8% | ||
| 0.04 | - | - | 0.09 | ||
| -95.5% | - | - | - | ||
| - | - | -1.31 | -45.85 |
A ratio outside any meaningful range has been withheld (balance sheet total €6,308, equity -€154,061).
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
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.
Social balance sheet
| Item | 31-12-2022 |
|---|---|
| Employees at the balance-sheet date | 1 |
| full-time | 1 |
| part-time | 0 |
| in full-time equivalents | 1 |
| 3 | |
| On a permanent contract | 1 |
| Joined | 0 |
| Left | 3 |
Source: social balance sheet in the 2022 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Tangible fixed assets | - | - | - | €13,260 |
| - | - | €0 | €2,303 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on Code-less
The operating result for 2025 is a loss of €5,520, larger than the loss of €5,381 in 2024.
Equity is negative. Debt (€160,369) exceeds the balance-sheet total (€6,308).