Code Mentor Consulting Services
ActiveSummary
Code Mentor Consulting Services has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €242,753 and a net result of €12,494. Equity is growing by about 4.3% per year across the filed financial years. Its solvency ranks better than 89% of 13,668 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
- Equity
- €242,753
- Profit
- €12,494
Why 97lowers riskLiquidity: current ratio 4.55, cash €123,626Equity €242,753 (88.8% of total assets)Founded in 2005Figures for financial year 2025 (filed 10-06-2026)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 46, micro): better than 90% on solvency, 95% on liquidity, 62% on profitability and 56% on growth.
The bankruptcy probability was computed on 30-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 36 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Highest result from 2018 to 2025net €24,145 ▲330%
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result falls in 2025; 2025 is 47% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 17,041 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94.4% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 17,041 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13,823 | €14,732 | €20,174 | €23,537 | €23,245 | €22,585 | €23,335 | €18,936 | ▼ 18.8% |
| Other operating charges640/8 | - | - | - | €3,877 | €5,388 | €2,520 | €1,124 | €1,436 | ▲ 27.7% |
| Gross operating margin9900 | €27,100 | €17,330 | €41,326 | €53,030 | €24,199 | €36,099 | €61,019 | €39,893 | ▼ 34.6% |
| Operating profit (loss)9901 | €11,942 | €1,539 | €18,779 | €25,616 | -€4,434 | €10,994 | €36,560 | €19,520 | ▼ 46.6% |
| Financial income75/76B | - | - | - | - | - | €220 | €656 | €767 | ▲ 17.0% |
| Recurring financial income75 | €41 | €20 | €1 | - | - | €220 | €656 | €767 | ▲ 17.0% |
| Financial charges65/66B | - | - | - | €2,403 | €1,245 | €1,491 | €1,649 | €986 | ▼ 40.2% |
| Recurring financial charges65 | €2,694 | €2,446 | €2,489 | €2,403 | €1,245 | €1,491 | €1,649 | €986 | ▼ 40.2% |
| Profit (loss) for the period before taxes9903 | €9,289 | -€887 | €16,291 | €23,213 | -€5,679 | €9,723 | €35,567 | €19,302 | ▼ 45.7% |
| Income taxes67/77 | €1,812 | €1,038 | €4,544 | €7,138 | -€167 | €4,103 | €11,422 | €6,808 | ▼ 40.4% |
| Profit (loss) for the period9904 | €7,477 | -€1,925 | €11,747 | €16,075 | -€5,512 | €5,620 | €24,145 | €12,494 | ▼ 48.3% |
| Profit (loss) for the period to be appropriated9905 | €7,477 | -€1,925 | €11,747 | €16,075 | -€5,512 | €5,620 | €24,145 | €12,494 | ▼ 48.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €248,410 | €245,039 | €272,209 | €290,488 | €277,622 | €255,776 | €278,498 | €273,500 | ▼ 1.8% |
| Fixed assets21/28 | €198,597 | €189,044 | €220,598 | €200,218 | €189,587 | €167,002 | €149,928 | €133,707 | ▼ 10.8% |
| Tangible fixed assets22/27 | €198,597 | €189,044 | €220,598 | €200,218 | €189,587 | €167,002 | €149,928 | €133,707 | ▼ 10.8% |
| Land and buildings22 | - | - | - | €166,467 | €162,022 | €150,971 | €139,920 | €128,869 | ▼ 7.9% |
| Plant, machinery and equipment23 | - | - | - | €1,391 | €1,027 | €664 | €300 | - | - |
| Furniture and vehicles24 | - | - | - | €32,359 | €26,538 | €15,367 | €9,708 | €4,839 | ▼ 50.2% |
| Current assets29/58 | €49,813 | €55,995 | €51,611 | €90,270 | €88,035 | €88,774 | €128,570 | €139,793 | ▲ 8.7% |
| Amounts receivable within one year40/41 | - | €9,438 | €14,140 | €15,927 | €12,251 | €14,365 | €15,712 | €14,828 | ▼ 5.6% |
| Trade receivables40 | - | - | - | €15,927 | €12,251 | €14,365 | €15,712 | €14,828 | ▼ 5.6% |
| Cash at bank and in hand54/58 | €48,758 | €45,489 | €36,471 | €72,885 | €74,482 | €73,006 | €111,309 | €123,626 | ▲ 11.1% |
| Deferred charges and accrued income490/1 | - | - | - | €1,458 | €1,301 | €1,403 | €1,548 | €1,339 | ▼ 13.5% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €248,410 | €245,039 | €272,209 | €290,488 | €277,622 | €255,776 | €278,498 | €273,500 | ▼ 1.8% |
| Equity10/15 | €180,110 | €178,185 | €189,931 | €206,006 | €200,494 | €206,114 | €230,259 | €242,753 | ▲ 5.4% |
| Contributions10/11 | €6,250 | €6,250 | - | €6,250 | €6,250 | €6,250 | €6,250 | €6,250 | = |
| Reserves13 | €1,860 | €1,860 | €13,607 | €29,682 | €29,682 | €35,302 | €59,447 | €71,941 | ▲ 21.0% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | - | - | - | - |
| Distributable reserves133 | - | - | - | €27,822 | €27,822 | €35,302 | €59,447 | €71,941 | ▲ 21.0% |
| Profit (loss) carried forward14 | €172,000 | €170,075 | €170,074 | €170,074 | €164,562 | €164,562 | €164,562 | €164,562 | = |
| Amounts payable17/49 | €68,300 | €66,854 | €82,278 | €84,482 | €77,128 | €49,662 | €48,239 | €30,747 | ▼ 36.3% |
| Amounts payable after more than one year17 | €54,023 | €47,187 | €56,086 | €44,215 | €31,968 | €19,332 | €8,659 | - | - |
| Financial debts170/4 | - | - | - | €44,215 | €31,968 | €19,332 | €8,659 | - | - |
| Amounts payable within one year42/48 | €14,277 | €19,667 | €26,193 | €40,267 | €45,160 | €30,330 | €39,579 | €30,747 | ▼ 22.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | €12,470 | €12,247 | €12,637 | €10,698 | €8,676 | ▼ 18.9% |
| Trade debts44 | €1,618 | €3,900 | €3,947 | €4,354 | €9,701 | €2,697 | €5,271 | €4,011 | ▼ 23.9% |
| Suppliers440/4 | - | - | - | €4,354 | €9,701 | €2,697 | €5,271 | €4,011 | ▼ 23.9% |
| Taxes, remuneration and social security45 | - | - | - | €18,609 | €16,878 | €11,506 | €20,868 | €14,836 | ▼ 28.9% |
| Taxes450/3 | - | - | - | €18,609 | €16,378 | €11,506 | €15,199 | €14,836 | ▼ 2.4% |
| Remuneration and social security454/9 | - | - | - | - | €500 | - | €5,669 | - | - |
| Other amounts payable47/48 | - | - | - | €4,834 | €6,335 | €3,491 | €2,742 | €3,223 | ▲ 17.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7,477 | -€1,925 | €11,747 | €16,075 | -€5,512 | €5,620 | €24,145 | €12,494 | ▼ 48.3% |
| + Depreciation and write-downs630 | €13,823 | €14,732 | €20,174 | €23,537 | €23,245 | €22,585 | €23,335 | €18,936 | ▼ 18.8% |
| Operating cash flow (approximation) | €21,300 | €12,807 | €31,921 | €39,612 | €17,732 | €28,205 | €47,480 | €31,431 | ▼ 33.8% |
| Investment in fixed assets (approximation) | - | -€5,179 | -€51,728 | -€3,157 | -€12,614 | €0 | -€6,261 | -€2,716 | ▲ 56.6% |
| Change in cash | - | -€3,269 | -€9,018 | €36,414 | €1,597 | -€1,477 | €38,304 | €12,317 | ▼ 67.8% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 20 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 04-06-2026 | 2026-00148152 |
| 31-12-2024 | micro format | 20-05-2025 | 2025-00110785 |
| 31-12-2023 | micro format | 14-06-2024 | 2024-00138156 |
| 31-12-2022 | micro format | 08-08-2023 | 2023-00320334 |
| 31-12-2021 | micro format | 05-08-2022 | 2022-20278485 |
| 31-12-2020 | micro format | 10-06-2021 | 2021-19700554 |
| 31-12-2019 | micro format | 26-06-2020 | 2020-22700084 |
| 31-12-2018 | micro format | 18-07-2019 | 2019-36000140 |
| 31-12-2017 | abbreviated format | 30-07-2018 | 2018-42100106 |
| 31-12-2016 | abbreviated format | 27-06-2017 | 2017-25700594 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Wim DE CEUSTER |
|
Owners and capital
Capital and shareholders
- 14-06-2023 Converted to unavailable equity
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
14-06
Gazette deed
Resignation: Wim DE CEUSTER (manager)Appointment: Wim DE CEUSTER (director) · Capital conversion · Amendment of the articles11 facts ▸
- General meeting, 31-05-2023
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Other provision, “opheffing statutair onbeschikbare eigen vermogensrekening, opheffen” (deed in Dutch)
- Other provision, “niet-vrijstelling niet-volgestort kapitaaldeel”, 12350 (deed in Dutch)
- Other provision, “aanpassing statuten aan WVV en behoud rechtsvorm, besloten vennootschap” (deed in Dutch)
- Amendment of the articles
- Director resignation, Wim DE CEUSTER (manager)
- Director appointment, Wim DE CEUSTER (director (not named in the articles))
- Registered office clause, “2200 Herentals,Sint Jobsstraat 116” (deed in Dutch)
- Power of attorney
- Power of attorney, Ann Schaeken
Show earlier events
About the unread acts
Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 13302C0286/00R000 | Flanders | 325 m² | 1 · 119 m² | 7.5 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Aankoop,verkoop,verhuur en alle activiteiten i.v.m.computers(hardware)en programmatuur(software); Aankoop,verkoop,verhuur en alle…” (deed in Dutch)
13 activities (deed in Dutch)
- Aankoop,verkoop,verhuur en alle activiteiten i.v.m.computers(hardware)en programmatuur(software)
- Aankoop,verkoop,verhuur en alle activiteiten i.v.m.computer randapparatuur en computer onderdelen
- Het verlenen van advies over soorten computers(hardware),en hun configuratie
- Het verlenen van advies over de bijhorende programmatuur(software)en toepassing ervan:het analyseren van behoeften en problemen gerelateerd aan informatica en het aanbieden,implementeren en begeleiden van oplossingen
- Analyseren,ontwerpen,programmeren en verlenen van advies m.b.t.informaticaprogramma’s,informaticasystemen en informaticabeleid(IT management)
- Onderneming in onroerende goederen,welke onder meer omvat:de verwerving,de vervreemding,het beheer,de borgstelling,de uitbating,de valorisatie,de verkaveling,de ordening,de huur en verhuur,het doen bouwen of verbouwen,het slopen,opfrissen en renoveren,de procuratie en het makelen in onroerende goederen,evenals alle welkdanige onroerende verhandelingen in de meest ruime zin met inbegrip van roerende leasing,erfpacht en opstal
- De vennootschap heeft tevens tot voorwerp het verkrijgen door middel van aankoop,intekering of iedere andere wijze,van roerende waarden,schuldvorderingen,deelbewijzen,deelnemingen in financiële,industriële of commerciële ondernemingen
- Het afsluiten van contracten voor het verlenen van adviezen omtrent het business management van diverse bedrijven en adviezen op vlak van informaticatoepassingen en in het bijzonder inzake beveiliging van informaticasystemen,software/hardware architectuur en beleidsinformatica(IT management)
- De organisatie,de beheersproblematiek,de marktstudies en marketingbegeleiding van diverse bedrijven
- De vorming,de plaatsing,of het tegen vergoeding ter beschikking stellen van gespecialiseerd personeel
- Deelnemen als bestuurder,zaakvoerder en vereffenaar in andere vennootschappen
- Alle financiële verrichtingen en namelijk de aankoop,de ruiling en de verkoop van alle roerende waarden;alle commissie- en delcredereverrichtingen,de vertegenwoordiging ten titel van commissionair van mandataris of agent van alle openbare en private,natuurlijke of rechtspersonen
- Alle daden en verrichtingen voor rekening van derden,alle verbintenissen ten titel van borg,aval of om het even welke waarborg voor rekening van derden
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Code Mentor Consulting Services
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, bij enkel besluit bestuursorgaan administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren in België of…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Bepaalde of onbepaalde termijn, bestuursorgaan” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Aan ieder aandeel één stem verbonden, tenzij statuten anders bepalen” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- “Artikel 18. Organisatie en bijeenroeping Ieder jaar wordt een gewone algemene vergadering van aandeelhouders gehouden op de zetel op drie…” (deed in Dutch)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Beslissing algemene vergadering in vormen vereist voor statutenwijziging, op elk moment” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Bij ontbinding om welke reden en op welk ogenblik ook, alle documenten vermelden dat vennootschap in vereffening is” (deed in Dutch)