Equity
-€154,061
Debts exceed assets in financial year 2025.
Code-less
Overview
Lifetime
4 annual accounts with figures on one time axispeak -€4,366 (2025)
-€4,366▲ €434
lowest -€156,824 (2022)
-€6,027▼ €102
peak -€126,824 (2022)
-€154,061▼ €6,027
€160,369▲ 7.4%
peak 3 FTE (2022)
0 FTE
Board4 names since 2021
1 director
Owners3 names in the annual accounts
100%
Documentsfilings and deeds
22-07-20269 days before the deadline
2025abbreviated format
Loss of €6,027Cash from €461 to €59
Key points
from the 2025 annual accountsLosses
-€184,061 in four years
Every financial year from 2022 to 2025 closed with a loss. 2022 was the heaviest.
Debts
€160,369 2,542% of the balance sheet
Filings
4 annual accounts since 2022
The last four annual accounts were filed 1 to 31 days before the end of the period.
Starting capital
€30,000 6,000 shares
At the same address
31 companies
Turnover not published (abbreviated format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 6,007 companies had the same profile as Code-less has now. Each dot stands for 16 companies, two years later.
83.0%
were still trading
8.4%
stopped another way
7.9%
went bankrupt
Another 0.8% 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 6,007 companies, not a prediction for Code-less. 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 31-01-2022
- 100%score equity €2.7m (2025) · 2025 annual accounts of
- 100%score equity €834,346 (2025) · 2024 annual accounts of
Recent changes
Resignation: (director)
Director discharge: · General meeting of 06-07-2022 · Gazette deed
1 director appointed, 1 resignation
Resignation: · Permanent representatives: and · Appointment: · General meeting of 31-01-2022 · Gazette deed
Incorporation
Founding capital of €30,000, 6,000 shares · Founders: (comparant); (comparant) · Appointments: (director) and (director) · published on 12-01-2021 · Gazette deed
First establishment
Groeningenlei 16, Kontich
Official details
Source: KBO- Status
- Active since 08-01-2021Normal situation
- Registered office
- 32 active companies are registered at this address7 started in the 12 months before. Source: KBO register, as of 11 November 2026.
- Activity
- “No-code en low-code development van A tot Z.” (deed in Dutch)From the articles, 17 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.312.311.0412550 Kontich, since 08-01-2021
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Annual accounts 2025
- -€4,366▲ 9.0%
- €6,027▲ 1.7%
- -€154,061▼ 4.1%
- €6,308▲ 368%
- Filing
- Filed on 22-07-2026, 9 days before the end of the filing period
Companies linked to Code-less
Parent and group
Insights on Code-less
Code-less files the abbreviated format. That format states no turnover. The gross margin rose from -€30,721 in 2022 to -€4,366 in 2025.
holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
abbreviated format, filed on 22-07-2026, 9 days before the deadline-€4,366
▲ €434
-€5,520
▼ €139
-€6,027
▼ €102
-€154,061
▼ €6,027
-
0.04
Turnover and EBIT margin are not published. The abbreviated format does not require them.
Balance sheet
balance sheet total €6,308 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Staff
Staff costs divided by the average number of full-time equivalents.
people who joined
people who left
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).
Board & ownership
Board
1 director, no change since 2022Director, permanent representative
since 31-01-2022
6-year term from 2022
also on the board of 3 other companies
listed in the 2025 annual accounts, filed on 22-07-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 12-01-2021
Permanent representatives 1
Mandates through the years
4 names, the dashed line is todayDirector
Director
Director
Director
BoardEarlierRest of the termend not dated
Mandates as a list
-
- Director, from 31-01-2022 to date
-
- Director, appointed by deed of 12-01-2021, until 02-09-2022
-
- Director, appointed by deed of 12-01-2021, until 23-03-2022
-
- Director, appointed by deed of 12-01-2021, no longer listed in the 2025 annual accounts
Control
Parent
Equity €2.7m
Loss €52,535 in 2025 (loss €50,959 in 2024)
Checked score
100%
This company
Code-less
Equity -€154,061
Loss €6,027 in 2025
Further up the chain 61.69%
Capital
- Contribution
- €30,000
- Shares
- 6,000
- Contribution per share
- €5
- Equity per share
- -€25.68 in 2025
- Source
- deed of 12-01-2021
Owners through the years
as the annual accounts name themOwners as a list
-
- 2025: 100%
-
- 2023 to 2024: 100%
-
- 2020 to 2021: 66.67%
Source: lists of holdings in the owners' accounts
Articles of association
deed of 12-01-2021 (in Dutch)- 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.
- At least 1 director
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- 6,000 shares
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Wednesday of June at 18:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Shareholders
2 ownersOwners 2
- parentEquity €2.7m Loss of €52,535 in 2025 (loss of €50,959 in 2024) Checked scoreSourceaccounts 2025100%
- parentEquity €834,346 Loss of €105,554 in 2025 (loss of €33,553 in 2024) Checked scoreSourceaccounts 2024100%
Capital transactions
Shareholders according to the deeds
At incorporation
deed of 12-01-2021 ↗
- 2,000 shares (33.3%) · €10,000
- 4,000 shares (66.7%) · €20,000
Capital over time
- 12-01-2021 Incorporation · €30,000 · 6,000 shares
Network & group
Group
has 4 direct subsidiaries (2025 accounts)Parent4 holdings, 1 country
2025 accounts
Belgium 4 Equity Result
- BE Code-less -€154,061 result -€6,027
- BE €834,346 result -€105,554
- BE -€130,629 result €23,979
- BE -€212,313 result -€16,159
Source: list of holdings in the 2025 accounts of . Every holding stands with its own latest accounts.
Part of the group
At the same address
Groeningenlei 16, 2550 Kontich · 31 other companies| Companions
registered office since 29-03-2018 · founded in 2018 |
turnover €790,500 (2025) 0693.767.061 |
| SOD.DEL
registered office since 14-09-2006 · founded in 2006 |
3.3 FTE (2025) 0883.602.001 |
| Concretas
registered office since 09-07-2024 · founded in 2024 |
total assets €10.2m (2025) 1011.373.666 |
| Elentra
registered office since 07-09-2020 · founded in 2020 · group |
total assets €8.2m (2025) 0753.744.834 |
| Fundaro
registered office since 02-07-2018 · founded in 2018 · group |
total assets €8.0m (2025) 0699.484.420 |
| Qovera
registered office since 08-04-2024 · founded in 2024 · group |
total assets €7.3m (2025) 1008.120.802 |
| Netforce
registered office since 10-07-2024 · founded in 2024 · group |
total assets €6.8m (2025) 1011.433.351 |
| AURELIUM
registered office since 13-10-1987 · founded in 1987 |
40 FTE (2026) 0432.039.681 |
| Artemos
registered office since 06-08-2024 · founded in 2024 · group |
total assets €5.1m (2025) 1012.236.768 |
| Districts
registered office since 11-01-2021 · founded in 2021 · group |
total assets €4.9m (2025) 0761.453.463 |
Earlier ties
via , at Code-less until 2022 · Director · deed of 20-03-2024 Open bankruptcy · founded in 1999 |
19 FTE (2023) |
via , at Code-less until 2022 · Director (not named in the articles) · deed of 10-09-2020 founded in 2002 · negative equity (2025) |
9 FTE (2025) |
via , no longer at · Director · deed of 09-02-2021 founded in 2019 · negative equity (2025) |
total assets €88,818 (2025) |
via , at Code-less until 2022 · Director (not named in the articles) · deed of 22-06-2020 founded in 2020 · negative equity (2025) |
total assets €79,442 (2025) |
via , at Code-less until 2022 · Director · deed of 29-12-2020 founded in 2020 · negative equity (2025) |
total assets €73,862 (2025) |
via , at Code-less until 2022 · Director (not named in the articles) · deed of 07-12-2020 founded in 2020 · negative equity (2025) |
total assets €43,819 (2025) |
Show 28 more earlier ties
via , at Code-less until 2022 · Director (not named in the articles) · deed of 13-12-2023 founded in 2014 · negative equity (2025) |
total assets €10,059 (2025) |
via , at Code-less until 2022 · Director (not named in the articles) · deed of 05-07-2021 founded in 2021 |
total assets €12.0m (2025) |
via , at Code-less until 2022 · Director · deed of 11-07-2024 founded in 2024 |
total assets €10.2m (2025) |
via , at Code-less until 2022 · Director (not named in the articles) · deed of 09-09-2020 founded in 2020 |
total assets €8.2m (2025) |
via , at Code-less until 2022 · Director (not named in the articles) · deed of 28-12-2023 founded in 2018 |
total assets €8.0m (2025) |
via , at Code-less until 2022 · Director (not named in the articles) · deed of 12-07-2024 founded in 2024 |
total assets €6.8m (2025) |
via , at Code-less until 2022 · Director (not named in the articles) · deed of 08-08-2024 founded in 2024 |
total assets €5.1m (2025) |
via , at Code-less until 2022 · Director · deed of 28-12-2023 founded in 2003 |
16 FTE (2025) |
via , at Code-less until 2022 · Director · deed of 14-11-2023 founded in 2023 |
0.5 FTE (2025) |
via , at Code-less until 2022 · Manager · deed of 12-11-2018 founded in 2009 |
total assets €3.1m (2025) |
via , at Code-less until 2022 · Director · deed of 06-10-2021 founded in 2018 |
13 FTE (2025) |
via , at Code-less until 2022 · Director · deed of 16-07-2019 founded in 2009 |
1 FTE (2025) |
via , at Code-less until 2022 · Director (not named in the articles) · deed of 30-06-2023 founded in 2004 |
7.7 FTE (2025) |
via (no longer at ) and (at Code-less until 2022) · Director · deeds of 28-12-2023 and 01-06-2018 founded in 2018 |
total assets €535,430 (2025) |
via , at Code-less until 2022 · Manager · deed of 29-11-2018 founded in 2002 |
total assets €504,562 (2025) |
via , no longer at · Manager · deed of 27-05-2016 founded in 2016 |
total assets €236,815 (2025) |
via , at Code-less until 2022 · Director · deed of 02-12-2020 founded in 2020 |
total assets €125,639 (2025) |
via , at Code-less until 2022 · Director · deed of 26-02-2026 |
founded in 2026 |
via , at Code-less until 2022 · Director · deed of 29-12-2025 |
founded in 2025 |
via , at Code-less until 2022 · Director (not named in the articles) · deed of 10-08-2026 |
founded in 2026 |
via , at Code-less until 2022 · Director (not named in the articles) · deed of 16-04-2026 |
founded in 2026 |
via , at Code-less until 2022 · Director (not named in the articles) · deed of 10-08-2026 |
founded in 2026 |
via , at Code-less until 2022 · Director (not named in the articles) · deed of 15-01-2026 |
founded in 2026 |
via (no longer at ) and (at Code-less until 2022) · Director · deeds of 19-05-2023 and 05-02-2019 No longer active |
24 FTE (2022) |
via , at Code-less until 2022 · Director · deed of 09-06-2020 No longer active |
8.2 FTE (2023) |
via , at Code-less until 2022 · Director · deed of 19-01-2023 No longer active |
13 FTE (2023) |
via , at Code-less until 2022 · Director · deed of 19-01-2023 No longer active |
6.7 FTE (2023) |
via , at Code-less until 2022 · Independent director · deed of 21-06-2019 No longer active · founded in 2019 |
total assets €44,426 (2025) |
Connections & network
2 connected companiesThis 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 19-12-2017
Founded in 2017 · 5.7 FTE (2024) · accounts filed late
via · Director · deed of 02-09-2022
Founded in 2019 · total assets €11,212 (2025) · negative equity
Timeline
Timeline
8 events since 2021Board
Filings
Establishments
202220242026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBabbreviated format · 9 days before the deadline
2025
Annual accounts 2024 filed PDFabbreviated format · 31 days before the deadline
2024
Annual accounts 2023 filed PDFabbreviated format · 1 day before the deadline
2023
Annual accounts 2022 filed PDFabbreviated format · 6 days before the deadline
2022
Resignation: (director)Director discharge: · General meeting of 06-07-20223 points ▸
- General meeting, 06-07-2022
- Director resignation,
- Director discharge,
1 director appointed, 1 resignationResignation: · Permanent representatives: and · Appointment: · General meeting of 31-01-20226 points ▸
- General meeting, 31-01-2022
- Director resignation,
- Permanent representative,
- Director discharge,
- Director appointment,
- Permanent representative,
2021
IncorporationFounding capital of €30,000, 6,000 shares · Founders: (comparant); (comparant) · Appointments: (director) and (director) · published on 12-01-20218 points ▸
- Founder, (comparant)
- Founder, (comparant)
- Founding capital, €30,000, 6,000 shares
- Registered office clause, Groeningenlei 16, 2550 Kontich
- Board rule, 2
- Director appointment,
- Permanent representative,
- Director appointment,
- The deed holds 3 more points.
First establishment Groeningenlei 16, Kontich
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0761.356.265
- VAT number
- BE 0761.356.265
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 08-01-2021
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Wednesday of June at 18:00deed of 12-01-2021 (in Dutch)
- Peppol
- Not found in the Peppol Directory
- Name
- Code-less in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 12-01-2021 (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 12-01-2021 (in Dutch)
Activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “No-code en low-code development van A tot Z; ICT consulting,cloud-oplossingen,ICT-architectuur,ICT-auditing,transitie…”deed of 12-01-2021 (in Dutch)
17 activities
- No-code en low-code development van A tot Z.
- ICT consulting,cloud-oplossingen,ICT-architectuur,ICT-auditing,transitie consulting,duurzaamheid,project management,alle activiteiten van een uitzendbureau op het gebied van ICT en design,training en systeemontwerp;
- Ontwerpen,ontwikkelen,programmeren van (vernieuwende) software,in licentiegeven van deze software en vervolgens beheer en onderhoud van voormelde software;
- Telecom consultancy en alles wat ermee verband heeft;
- Computeradviesbureaus;
- Het uitbaten en beheren van webshops;
- Coaching van werknemers en werkgevers in alle sectoren,beroepsopleidingen en overige vormen van onderwijs
- Het uitbaten en organiseren van workshops,trainingen,vormingen,voordrachten,seminaries,cursussen;
- Het uitoefenen van een studie-,organisatie- en raadgevend bureau inzake financiële,handels-,juridische,fiscale en sociale aangelegenheden. Het geven van diverse opleidingen die het management van bedrijven aanbelangt in het algemeen.
- Het verlenen van diensten -zowel consultancy als implementatie- aan derden,op het vlak van bedrijfsbeleid,sales en marketing
- Het op lange termijn aanhouden van aandelen die afkomstig zijn van verschillende andere bedrijven uit verscheidene economische sectoren – het verwerven en vervreemden van deelnemingen of andere belangen in rechtspersonen,vennootschappen en ondernemingen,het samenwerken daarmee en het besturen daarvan.
- Managementactiviteiten van holdings: het tussenkomen in het dagelijks bestuur,het vertegenwoordigen van bedrijven,het uitoefenen van managements-,consultancy- en beheersactiviteiten,waaronder begrepen: het uitoefenen van managementsfuncties in diverse ondernemingen,het sluiten van consultancyovereenkomsten en het uitoefenen van consultancyfuncties op onafhankelijke wijze
- Verwerven en beheren van onroerende goederen of zakelijke rechten daarop,in België of in het buitenland;
- Vormen en beheren van een roerend patrimonium bestaande uit lichamelijke of onlichamelijke roerende goederen;
- Het huren,verhuren,in erfpacht of gebruik nemen van onroerende en/of roerende goederen;
- Het voor eigen rekening beheren van allerhande patrimonia in het algemeen,financiële activa en beleggingsgoederen in het bijzonder. Verwerven,beheren,vervreemden,valoriseren en cederen van roerende en onroerende goederen en/of rechten onder gelijk welke vorm ook. De projectontwikkeling en handel in onroerend goed voor woningbouw,nieuwbouw van individuele woningen of voor renovatiewerken,voor de bouw van appartementsgebouwen,voor kantoorbouw,enzoverder
- Het verstrekken van raad en advies in de meest ruime zin der maatschappelijke behoeften,uitgezonderd de activiteiten wettelijk voorbehouden aan vennootschappen voor vermogensbeheer en beleggingsadviezen.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Groeningenlei 16 registered office 2550 Kontich 62100 Computer programming | 08-01-2021 | 2.312.311.041 |
Buildings and parcels at the address
- Ground area
- 5,003 m²
- Buildings
- 685 m²
- Volume, LiDAR
- 7,725 m³
- Tallest building
- 12.8 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 11024B0084/00R000 | 5,003 m² | 1 · 685 m² | 12.8 m · 4 |