Code Mountain
Annual accounts 2025
micro format, filed on 17-04-2026, 13 days before the deadlineTurnover 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 €120,000 and €170,000.
Balance sheet
balance sheet total €197,797 on 30-09-2025in euro
in euro
Position in the sector
94.3%
Higher than 94% of 22,039 companies in 2025.
17.21
Higher than 94% of 21,339 companies in 2025.
26.1%
Higher than 62% of 21,530 companies in 2025.
Net result: middle half · Equity: top quarter · Balance sheet total: middle half · Working capital: top quarter
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 |
197,797 | 160,358 | 112,250 | 54,738 | |
21/28 |
3,914 | 5,533 | 4,907 | 6,907 | |
22/27 |
3,914 | 5,533 | 4,907 | 6,907 | |
23 |
1,063 | 1,220 | 1,378 | 1,536 | |
24 |
2,851 | 4,312 | 3,529 | 5,372 | |
29/58 |
193,883 | 154,825 | 107,343 | 47,830 | |
40/41 |
22,271 | 24,844 | 20,196 | 1,570 | |
40 |
21,914 | 24,844 | 20,196 | 1,570 | |
41 |
357 | - | - | - | |
54/58 |
170,454 | 128,976 | 86,453 | 45,616 | |
490/1 |
1,158 | 1,005 | 694 | 644 | |
| Balance sheet: equity and liabilities | |||||
10/49 |
197,797 | 160,358 | 112,250 | 54,738 | |
10/15 |
186,531 | 134,946 | 90,791 | 40,301 | |
10/11 |
1,000 | 1,000 | 1,000 | 1,000 | |
13 |
39,301 | 39,301 | 39,301 | 39,301 | |
133 |
39,301 | 39,301 | 39,301 | 39,301 | |
14 |
146,230 | 94,645 | 50,489 | - | |
17/49 |
11,266 | 25,412 | 21,459 | 14,436 | |
42/48 |
11,266 | 25,412 | 21,459 | 14,436 | |
44 |
1,044 | 5,521 | 675 | 2,452 | |
440/4 |
1,044 | 5,521 | 675 | 2,452 | |
45 |
10,222 | 18,400 | 19,187 | 10,387 | |
450/3 |
10,222 | 18,400 | 19,187 | 10,387 | |
47/48 |
0 | 1,490 | 1,597 | 1,597 | |
| Income statement | |||||
9900 |
68,264 | 59,357 | 66,716 | 56,686 | |
62 |
- | - | 0 | 377 | |
630 |
2,384 | 2,766 | 2,412 | 1,074 | |
640/8 |
652 | 641 | 532 | 155 | |
9901 |
65,228 | 55,950 | 63,773 | 55,081 | |
75/76B |
15 | 4 | 0 | 0 | |
75 |
15 | 4 | 0 | 0 | |
65/66B |
262 | 420 | 406 | 691 | |
65 |
262 | 420 | 406 | 691 | |
9903 |
64,981 | 55,535 | 63,367 | 54,390 | |
67/77 |
13,396 | 11,380 | 12,877 | 15,089 | |
9904 |
51,585 | 44,155 | 50,489 | 39,301 | |
9905 |
51,585 | 44,155 | 50,489 | 39,301 | |
| Appropriation of the result | |||||
9906 |
146,230 | 94,645 | 50,489 | 39,301 | |
14P |
94,645 | 50,489 | - | - | |
691/2 |
- | - | 0 | 39,301 | |
6921 |
- | - | 0 | 39,301 | |
| Document | |||||
The notes to these accounts have 6 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 17-04-2026.
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 |
|---|---|---|---|---|---|
| 67,612 | 58,716 | 66,185 | 56,154 | ||
| 53,969 | 46,921 | 52,902 | 40,375 | ||
| 765 | 3,391 | 412 | 7,981 | ||
| 41,478 | 42,523 | 40,837 | - | ||
| 182,618 | 129,413 | 85,884 | 33,394 | ||
| 94.3% | 84.2% | 80.9% | 73.6% | ||
| 17.21 | 6.09 | 5.00 | 3.31 | ||
| 0.06 | 0.19 | 0.24 | 0.36 | ||
| 27.7% | 32.7% | 55.6% | 97.5% | ||
| 26.1% | 27.5% | 45.0% | 71.8% | ||
| over 100 | over 100 | over 100 | 81.31 |
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 | 30-09-2025 | 30-09-2024 | 30-09-2023 | 30-09-2022 |
|---|---|---|---|---|
| Tangible fixed assets | €765 | €3,391 | €412 | €7,981 |
| €2,384 | €2,766 | €2,412 | €1,074 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on Code Mountain
The operating result for 2025 is 17% higher than in 2024 and the highest since 2022. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total falls from 15.8% to 5.7%. Equity is higher and debt is lower.