Equity
€22,630 ▲ 91.1%
CODE MANAGEMENT paid out €800 in dividends. That is 7% of the 2025 profit.
CODE MANAGEMENT
Overview
Lifetime
3 annual accounts with figures on one time axispeak €21,333 (2025)
€21,333▲ 868%
peak €11,588 (2025)
€11,588▲ 15×
peak €22,630 (2025)
€22,630▲ 91.1%
€111,777▲ 422%
Board1 name since 2023
1 directorDELACROIX Corentin
Documentsfilings and deeds
28-05-202664 days before the deadline
2025micro format
Gross margin from €2,204 to €21,333Result from €771 to €11,588Dividend €800Equity from €11,842 to €22,630Debts from €21,399 to €111,777Cash from €7,683 to €11,522
Key points
from the 2025 annual accountsTurnover
≈ €110,000 estimated
The micro format states no turnover.
Debts
€111,777 83% of the balance sheet
Financial debts 19%Suppliers 0%Taxes and wages 4%Other 77%
Investments
€54,500 13.3 × depreciation
Green is investment, beige is depreciation.
Liquidity
0.44 was 1.55 in 2024
Short-term debts rose from €21,399 to €111,777.
Position in the sector
16.8%
Lower solvency than 81% of companies in computer programming and consultancy. Sector median 60.0% · 21,208 companies.
Checked score
86
Excellent
Financially stronger than 38% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
About 2 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 12-2024lowest value
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: 0.1%▲ +0.1 percentage points 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 05-2025
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%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.2%▲ +0.1 percentage points vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.2%● unchanged vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026highest value
11-2026: 0.2%● unchanged vs 10-2026highest value
Financial strengthAverage
Score breakdown
raises risk
Founded in 2023
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Size: total assets €134,407
Figures for financial year 2025 (filed on 28-05-2026)
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 20% of them on solvency, 6% on liquidity, 39% on profitability and 88% on growth.
The bankruptcy probability was computed on 09-11-2026 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, 7,976 companies had the same profile as CODE MANAGEMENT has now. Each dot stands for 20 companies, two years later.
94.3%
were still trading
1.8%
stopped another way
3.6%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of CODE MANAGEMENT itself is lower: 0.2% within 12 months. It rests on far more data about CODE MANAGEMENT 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 7,976 companies, not a prediction for CODE MANAGEMENT. 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 €1,500 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.44 (1.55 in 2024), below 1. Short-term debt is 83.2% and cash 8.6% of total assets. 83.2% 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
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 21208 sector peers (2025).
NBB · sector comparisonPosition among 21208 sector peers
Solvency
better than 19%
← weakest
strongest →
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 28-05-2026, 64 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
64 days early
2024
20 days early
2023
40 days early
← 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 41 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 22 June (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- DELACROIX Corentin 100 sharesdeed of 27-06-2023
Shares in 1 company, Wist Invest
Board & ownershipRecent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0803083883
First establishment
CODE COMPANY, La Place, Corroy 22, Chaumont-Gistoux
Incorporation
Founding capital of €3,000, 100 shares, €700 paid up · Founder: DELACROIX Corentin · Appointment: DELACROIX Corentin (director) · published on 27-06-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CODE MANAGEMENT Chaumont-Gistoux | €134,407 | €21,333 | 16.8% | - |
| ProDAV Pelt | €132,956 | €23,324 | -58.8% | 1.6 |
| PILCRAFT Forest | €147,918 | €21,929 | 61.0% | - |
| TM Services & Support Vilvoorde | €120,405 | €21,593 | 78.0% | - |
| Zonneveld & Fokma EU Antwerp | €130,487 | €23,515 | 82.5% | - |
| JAYDEE-CONSULTING Tournai | €120,469 | €22,880 | 83.1% | - |
| Jeroen Pepermans Consulting Mechelen | €142,645 | €24,548 | 61.7% | - |
These companies have the same main activity as CODE MANAGEMENT: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €120,000 and €148,000, founded in 2023.
Official details
Source: KBO- Status
- Active since 23-06-2023Normal situation
- Activity
- Computer consultancy and computer facilities managementNACE 62200and 3 others
- Establishment unit
- 2.346.571.1441325 Chaumont-Gistoux, since 01-07-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 18-06-2026
Annual accounts 2025
- €21,333▲ 868%
- €11,588▲ 15×
- €22,630▲ 91.1%
- €134,407▲ 304%
- Filing
- Filed on 28-05-2026, 64 days before the end of the filing period
Insights on CODE MANAGEMENT
CODE MANAGEMENT files the micro format. That format states no turnover. The gross margin rose from €12,685 in 2023 to €21,333 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 28-05-2026, 64 days before the deadline€21,333
▲ 868%
€16,730
▲ 821%
€11,588
▲ 15×
-€62,279
▼ €74,121
16.8%
▼ 18.8 percentage points
0.44
▼ 1.11
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 ≈ €110,000. Estimated: probably between €55,000 and €220,000.
Balance sheet
balance sheet total €134,407 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
16.8%
Higher than 19% of 21,208 companies in 2025.
0.44
Higher than 5% of 20,571 companies in 2025.
8.6%
Higher than 32% of 20,746 companies in 2025.
CODE MANAGEMENT
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: middle half · Working capital: bottom quarter
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 |
134,407 | 33,241 | 32,352 | |
21/28 |
84,909 | - | - | |
22/27 |
50,409 | - | - | |
24 |
50,409 | - | - | |
28 |
34,500 | - | - | |
29/58 |
49,498 | 33,241 | 32,352 | |
40/41 |
37,662 | 25,559 | 20,357 | |
40 |
34,991 | 25,544 | 20,086 | |
41 |
2,671 | 14 | 271 | |
54/58 |
11,522 | 7,683 | 11,995 | |
490/1 |
314 | - | - | |
| Balance sheet: equity and liabilities | ||||
10/49 |
134,407 | 33,241 | 32,352 | |
10/15 |
22,630 | 11,842 | 11,872 | |
10/11 |
3,000 | 3,000 | 3,000 | |
14 |
19,630 | 8,842 | 8,872 | |
17/49 |
111,777 | 21,399 | 20,480 | |
42/48 |
111,777 | 21,399 | 20,480 | |
43 |
20,954 | - | - | |
439 |
20,954 | - | - | |
44 |
217 | 2,067 | 1,801 | |
440/4 |
217 | 2,067 | 1,801 | |
45 |
4,061 | 12,881 | 9,472 | |
450/3 |
4,061 | 12,881 | 9,472 | |
47/48 |
86,545 | 6,451 | 9,208 | |
| Income statement | ||||
9900 |
21,333 | 2,204 | 12,685 | |
630 |
4,091 | - | - | |
640/8 |
511 | 387 | 384 | |
9901 |
16,730 | 1,816 | 12,300 | |
75/76B |
1 | 0 | - | |
75 |
1 | 0 | - | |
65/66B |
1,472 | 291 | 10 | |
65 |
1,472 | 291 | 10 | |
9903 |
15,259 | 1,525 | 12,290 | |
67/77 |
3,671 | 755 | 2,619 | |
9904 |
11,588 | 771 | 9,672 | |
9905 |
11,588 | 771 | 9,672 | |
| Appropriation of the result | ||||
9906 |
20,430 | 9,642 | 9,672 | |
14P |
8,842 | 8,872 | - | |
694/7 |
800 | 800 | 800 | |
694 |
800 | 800 | 800 | |
| Document | ||||
The notes to these accounts have 7 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 28-05-2026.
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 |
|---|---|---|---|---|
| 20,821 | - | - | ||
| 15,679 | - | - | ||
| 89,000 | - | - | ||
| 3,839 | -4,312 | - | ||
| -62,279 | 11,842 | 11,872 | ||
| 16.8% | 35.6% | 36.7% | ||
| 0.44 | 1.55 | 1.58 | ||
| 4.94 | 1.81 | 1.73 | ||
| 51.2% | 6.5% | 81.5% | ||
| 8.6% | 2.3% | 29.9% | ||
| 14.14 | - | - |
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 | €54,500 | - | - |
| Financial fixed assets | €34,500 | - | - |
| €4,091 | - | - |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on CODE MANAGEMENT
The operating result for 2025 is 9.2 times that of 2024 and the highest since 2023. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total rises from 64.4% to 83.2%. Equity and debt are higher.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
appointed by deed of 27-06-2023
term without a fixed end
also on the board of 1 other company
listed in the 2025 annual accounts, filed on 28-05-2026
1 other company struck off- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “Article 16. Pouvoirs de l’organe d’administration S’il n’y a qu’un seul administrateur, la totalité des pouvoirs d’administration lui est…”deed of 27-06-2023
Mandates through the years
1 name, the dashed line is todayDELACROIX Corentin
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- DELACROIX Corentin
- Director (not named in the articles), appointed by deed of 27-06-2023, still in office
Control
Capital
- Contribution
- €3,000
- Shares
- 100
- Contribution per share
- €30
- Equity per share
- €226 in 2025
- Source
- deed of 27-06-2023
Articles of association
deed of 27-06-2023 (in French)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Friday of June at 18:00
Shareholders
At incorporation
deed of 27-06-2023 ↗
- DELACROIX Corentin 100 shares (100%) · €3,000
The directors' other companies
1 current director with another company that went bankrupt, was dissolved or struck off1 other company of this director was struck off by the FPS Economy (2024).
- CHEMINEES HENRY struck off on 18-03-2024Official Gazettemandate 2023 to 2025
Source: Belgian Official Gazette (bankruptcies, judicial dissolutions, board mandates), FPS Economy (strike-offs) and the KBO register. A bankruptcy, dissolution or strike-off says nothing about the director's part in it.
Network & group
Holdings
own 2025 accountsThis companyCODE MANAGEMENT1 holding, 1 country
2025 accounts
Belgium 1 Equity Result
- BE Wist Invest8.4% €38,421 result -€11,607
Source: list of holdings in its own 2025 accounts. Every holding stands with its own latest accounts.
Earlier ties
| CHEMINEES HENRY via DELACROIX Corentin, no longer at CHEMINEES HENRY · Director · deed of 05-09-2023 founded in 2023 · negative equity (2025) |
22 FTE (2025) |
| DELATROIS via DELACROIX Corentin, no longer at DELATROIS · Director (not named in the articles) · deed of 26-04-2022 founded in 2022 · accounts filed late |
total assets €220,647 (2023) |
Holdings and subsidiaries
1 holdingHoldings 1
Share, source and own figures per holding (1)
- Equity €38,421 Loss of €11,607 in 2025 (profit of €28 in 2024) Checked score 81Sourceown accounts 20258.4%
Connections & network
The network starts from the earlier ties.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Timeline
8 events since 2023Filings
Financial
Establishments
2023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Registered in the Peppol Directory Reachable for e-invoices through 0208:0803083883
Annual accounts 2025 filed PDFmicro format · 64 days before the deadline
2025
Highest result from 2023 to 2025 net €11,588 ▲1,404% The operating result of €16,730 and the net result of €11,588 are both a record.
Annual accounts 2024 filed PDFmicro format · 20 days before the deadline
2024
Weakest financial year net €771 ▼92% The net result drops to €771, the lowest from 2023 to 2025. It recovers the following year.
Annual accounts 2023 filed PDFmicro format · 40 days before the deadline
2023
First establishment CODE COMPANY, La Place, Corroy 22, Chaumont-Gistoux
IncorporationFounding capital of €3,000, 100 shares, €700 paid up · Founder: DELACROIX Corentin · Appointment: DELACROIX Corentin (director) · published on 27-06-20236 points ▸
- Founder, DELACROIX Corentin
- Power of attorney, TOUIL Hajar
- Founding capital, €3,000, 100 shares
- Registered office clause, 22, 1325 Chaumont-Gistoux (section de Corroy-le-Grand) La Place
- Board rule, 1
- Director appointment, DELACROIX Corentin (director (not named in the articles))
- The deed holds 4 more points.
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
CODE MANAGEMENT was incorporated on 23 June 2023 as a private limited company by one natural person, with a starting capital of €3,000.12 DELACROIX Corentin is director of the company, appointed by deed of 27-06-2023.2 Total assets rose from €32,352 in 2023 to €134,407 in 2025.3
Company details
Identity
- Enterprise number
- 0803.083.883
- VAT number
- BE 0803.083.883
- Peppol ID
- 0208:0803083883
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 23-06-2023
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Friday of June at 18:00deed of 27-06-2023 (in French)
- Peppol
- Reachable since 18-06-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- CODE MANAGEMENT in French
- Name in the Peppol Directory
- Code Company
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 27-06-2023 (in French)
Activities
NACEBEL 202562200
Computer consultancy and computer facilities management main activity
Codes under NACEBEL 2008
62020
IT consultancy main activity
62030
Computer programming, consultancy and related activities
70210
Activities of head offices; management consultancy activities
70220
Business consulting
82990
Other business support services
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “À la fourniture de services aux entreprises destinés à permettre le développement des affaires; À la consultance et à la prestation de…”deed of 27-06-2023 (in French)
15 activities
- À la fourniture de services aux entreprises destinés à permettre le développement des affaires
- À la consultance et à la prestation de conseils de gestion,de management,et plus généralement d'organisation des entreprises,en ce compris (mais non exclusivement):la gestion journalière de sociétés,l’analyse de marchés,les études économiques,les analyses financières,l’organisation et la gestion de ressources humaines,la mise en place de structure financière,etc.
- Au conseil pour le développement des affaires et autres conseils de gestion
- À la prestation de services d’ordre économique,notamment la consultance technique,l’assistance en matière de management,d’engineering,de consulting et de franchising,la gestion et la consultance en matière commerciale,administrative,technique et/ou financière
- À l’intégration d’Odoo et IA
- Au secrétariat médical,au sens le plus large du terme
- Toutes interventions directes ou indirectes dans l’organisation interne ou dans l’administration d’une entreprise ou d’une société quelque soit son objet,l’exercice de la fonction d’administrateur ou des fonctions analogues dans des sociétés et autres personnes morales
- Aux activités de communication et de marketing,de formation et d’organisation de séminaires,de conférences,de relations publiques,au sens le plus large du terme
- Au commerce en général,tant en gros qu'au détail,en ce compris notamment l'achat,la vente,l'importation,l’exportation,la distribution de toutes marchandises diverses
- À la vente ou la concession de toutes marques de fabrique,secrets de fabrication ou brevets en rapport avec son objet et participer sous forme de franchisage à la création d’entreprises de même type
- À la gestion et la distribution de droits d'auteur,licences,marques et brevets
- À la location et à la sous-location de biens immeubles
- À la formation,le recyclage professionnel et l’éducation permanente
- Au coaching,et autres activités de mentoring sur tous supports
- À la mise à fruits de son patrimoine mobilier ou immobilier,notamment via toutes opérations de gestion,d’acquisition,de vente ou de mise en location de biens,ainsi que la coordination de projets immobiliers
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| CODE COMPANY registered office La Place, Corroy 22, 1325 Chaumont-Gistoux | 01-07-2023 | 2.346.571.144 |
Buildings and parcels at the address
- Ground area
- 1,051 m²
- Buildings
- 210 m²
- Volume, LiDAR
- 1,117 m³
- Tallest building
- 7.1 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 25021E0020/00G000 | 1,051 m² | 1 · 210 m² | 7.1 m · 2 |