Turnover
≈ €130,000 estimated
The micro format states no turnover.
Code-mine
Overview
Lifetime
1 annual account with figurespeak €40,398 (2025)
€40,398
peak €29,939 (2025)
€29,939
peak €32,439 (2025)
€32,439
€10,856
Board1 name since 2025
1 directorSALMON Bart Jean Rosalie
Documentsfilings and deeds
09-07-202622 days before the deadline
2025micro format
Incorporation 10-011 establishment registeredFirst year with figures
Key points
from the 2025 annual accountsStarting capital
€2,500 100 shares
Checked score
97
Excellent
Financially stronger than 76% 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).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
02-2026: 0.4%
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.4%● unchanged vs 06-2026highest value
08-2026: < 0.1%▼ -0.4 percentage points vs 07-2026lowest value
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
Founded in 2025
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Liquidity: current ratio 3.71, cash €26,300
Equity €32,439 (74.9% 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 69% of them on solvency, 78% on liquidity and 82% on profitability.
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, 11,279 companies had the same profile as Code-mine has now. Each dot stands for 29 companies, two years later.
96.6%
were still trading
2.6%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of Code-mine itself: < 0.1% within 12 months.
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 11,279 companies, not a prediction for Code-mine. 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 €3,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.71, above the usual 1.5. Short-term debt is 25.1% and cash 60.7% of total assets. 25.1% 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 09-07-2026, 22 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
22 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1018427249
Incorporation
Founding capital of €2,500, 100 shares · Founder: SALMON Bart Jean Rosalie · Appointment: SALMON Bart Jean Rosalie (director) · published on 10-01-2025 · Gazette deed
First establishment
Aardbruggenstraat 39, Alken
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Code-mine Alken | €43,294 | €40,398 | 74.9% | - |
| Convia Heusden-Zolder | €48,451 | €41,808 | 64.1% | - |
| BOQUO Herk-de-Stad | €46,733 | €36,033 | 66.0% | - |
| Impulses Heusden-Zolder | €40,346 | €36,023 | 77.0% | - |
| ROBBE MOTMANS Hasselt | €38,266 | €36,292 | 78.7% | - |
| Remick Consulting Hasselt | €52,208 | €41,024 | 61.4% | - |
| Allsafe consultancy Zaventem | €41,002 | €41,089 | 83.0% | - |
These companies have the same main activity as Code-mine: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €38,300 and €52,200, founded between 2024 and 2025.
Official details
Source: KBO- Status
- Active since 08-01-2025Normal situation
- Activity
- Computer consultancy and computer facilities managementNACE 62200
- Establishment unit
- 2.368.759.4973570 Alken, since 08-01-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 16-01-2025
Annual accounts 2025
- €40,398
- €29,939
- €32,439
- €43,294
- Filing
- Filed on 09-07-2026, 22 days before the end of the filing period
Insights on Code-mine
Code-mine has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €32,439 and a net result of €29,939.
Its solvency ranks better than 68% of 21,208 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 09-07-2026, 22 days before the deadline€40,398
€39,599
€29,939
€29,466
74.9%
3.71
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 ≈ €130,000. Estimated: probably between €110,000 and €190,000.
Balance sheet
balance sheet total €43,294 on 31-12-2025What the company ownsHow it is paid for
Position in the sector
74.9%
Higher than 68% of 21,208 companies in 2025.
3.71
Higher than 66% of 20,571 companies in 2025.
69.2%
Higher than 95% of 20,746 companies in 2025.
Code-mine
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 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
43,294 | |
21/28 |
2,973 | |
22/27 |
2,973 | |
23 |
1,587 | |
24 |
1,386 | |
29/58 |
40,322 | |
40/41 |
13,299 | |
40 |
12,197 | |
41 |
1,102 | |
54/58 |
26,300 | |
490/1 |
722 | |
| Balance sheet: equity and liabilities | ||
10/49 |
43,294 | |
10/15 |
32,439 | |
10/11 |
2,500 | |
13 |
29,939 | |
133 |
29,939 | |
17/49 |
10,856 | |
42/48 |
10,856 | |
44 |
1,174 | |
440/4 |
1,174 | |
45 |
6,117 | |
450/3 |
6,117 | |
47/48 |
3,565 | |
| Income statement | ||
9900 |
40,398 | |
630 |
649 | |
640/8 |
150 | |
9901 |
39,599 | |
75/76B |
15 | |
75 |
15 | |
65/66B |
1,718 | |
65 |
1,718 | |
9903 |
37,896 | |
67/77 |
7,958 | |
9904 |
29,939 | |
9905 |
29,939 | |
| Appropriation of the result | ||
9906 |
29,939 | |
691/2 |
29,939 | |
6921 |
29,939 | |
| Document | ||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 09-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 09-07-2026 | 2026-00274091 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 |
|---|---|---|
| 40,248 | ||
| 30,587 | ||
| 3,621 | ||
| 29,466 | ||
| 74.9% | ||
| 3.71 | ||
| 0.33 | ||
| 92.3% | ||
| 69.2% | ||
| 23.43 |
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 |
|---|---|
| Tangible fixed assets | €3,621 |
| €649 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Insights on Code-mine
Debt's share of the balance-sheet total is 25.1%.
Board & ownership
Board
1 director, since incorporationDirector
appointed by deed of 10-01-2025
term without a fixed end
listed in the 2025 annual accounts, filed on 09-07-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “Artikel 11 : Bevoegdheden van het bestuursorgaan. Als er slechts één bestuurder is, is het geheel van de bevoegdheden van de bestuurders aan…”deed of 10-01-2025
Mandates through the years
1 name, the dashed line is todaySALMON Bart Jean Rosalie
Director
Director
Board
Mandates as a list
- SALMON Bart Jean Rosalie
- Director, appointed by deed of 10-01-2025, still in office
Control
Capital
- Contribution
- €2,500
- Shares
- 100
- Contribution per share
- €25
- Equity per share
- €324 in 2025
- Source
- deed of 10-01-2025
Articles of association
deed of 10-01-2025 (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
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- 28 June at 19:00
- 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
At incorporation
deed of 10-01-2025 ↗
- SALMON Bart Jean Rosalie 100 shares (100%) · €2,500
Network & group
No group
Code-mine has no parent and no holdings in its annual accounts. SALMON Bart Jean Rosalie is the only director. Code-mine shares no director with another company.
Timeline
Timeline
4 events since 2025Filings
Establishments
20252026
2026
Annual accounts 2025 filed NBBmicro format · 22 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:1018427249
IncorporationFounding capital of €2,500, 100 shares · Founder: SALMON Bart Jean Rosalie · Appointment: SALMON Bart Jean Rosalie (director) · published on 10-01-20255 points ▸
- Registered office clause, Aardbruggenstraat 39, 3570 Alken
- Board rule, 1
- Director appointment, SALMON Bart Jean Rosalie
- Founder, SALMON Bart Jean Rosalie
- Founding capital, €2,500, 100 shares
- The deed holds 8 more points.
First establishment Aardbruggenstraat 39, Alken
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Identity
- Enterprise number
- 1018.427.249
- VAT number
- BE 1018.427.249
- Peppol ID
- 0208:1018427249
- Other Peppol ID
- 9925:BE1018427249
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 08-01-2025
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- 28 June at 19:00deed of 10-01-2025 (in Dutch)
- Peppol
- Reachable since 16-01-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- Code-mine in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 10-01-2025 (in Dutch)
Activities
NACEBEL 202562200
Computer consultancy and computer facilities management main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Ontwerpen en programmeren van computerprogramma’s; Computerconsultancy-activiteiten; Uitgeverijen van computerspellen; Beheer van…”deed of 10-01-2025 (in Dutch)
8 activities
- Ontwerpen en programmeren van computerprogramma’s
- Computerconsultancy-activiteiten
- Uitgeverijen van computerspellen
- Beheer van computerfaciliteiten
- Overige diensten op het gebied van informatietechnologie en computer
- Overige zakelijke dienstverlening,niet eerder genoemd
- Beroepsopleiding
- Overige vormen van onderwijs
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Aardbruggenstraat 39 registered office 3570 Alken | 08-01-2025 | 2.368.759.497 |
Buildings and parcels at the address
- Ground area
- 948 m²
- Buildings
- 107 m²
- Volume, LiDAR
- 539 m³
- Tallest building
- 7.3 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 73302F0119/00W000 | 948 m² | 1 · 107 m² | 7.3 m · 2 |