Equity
€186,531 ▲ 38.2%
Equity rose in 2025 from €134,946 to €186,531.
Code Mountain
Overview
Lifetime
4 annual accounts with figures on one time axispeak €68,264 (2025)
€68,264▲ 15.0%
peak €51,585 (2025)
€51,585▲ 16.8%
peak €186,531 (2025)
€186,531▲ 38.2%
€11,266▼ 55.7%
Board1 name since 2021
1 director
Documentsfilings and deeds
17-04-202613 days before the deadline
2025micro format
Gross margin from €59,357 to €68,264Equity from €134,946 to €186,531Debts from €25,412 to €11,266Cash from €128,976 to €170,454
Key points
from the 2025 annual accountsTurnover
≈ €130,000 estimated
The micro format states no turnover.
Liquidity
17.21 was 6.09 in 2024
Short-term debts fell from €25,412 to €11,266.
Filings
4 annual accounts since 2022
The last four annual accounts were filed 13 to 32 days before the end of the period.
Starting capital
€1,000 100 shares
Position in the sector
94.3%
Higher solvency than 93% of companies in computer programming and consultancy. Sector median 60.0% · 22,039 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 26,973 companies had the same profile as Code Mountain has now. Each dot stands for 68 companies, two years later.
94.8%
were still trading
3.5%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 26,973 companies, not a prediction for Code Mountain. 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
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Incorporation
Founding capital of €1,000, 100 shares · Founder: · Appointment: (director) · published on 13-01-2021 · Gazette deed
First establishment
Waterkant 3, Rumst
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Code Mountain Rumst | €197,797 | €68,264 | 94.3% | - |
| DAW Willebroek | €201,341 | €64,260 | 63.3% | - |
| PJD Consulting Retie | €216,152 | €68,887 | 0.9% | - |
| Epidexios Edegem | €207,644 | €71,506 | 2.4% | - |
| exeKute Beveren-Kruibeke-Zwijndrecht | €193,728 | €62,885 | 8.4% | - |
| BRUNEX Kontich | €187,188 | €67,893 | 92.9% | - |
| HUMAN-ID Olen | €176,068 | €65,109 | 53.5% | - |
These companies have the same main activity as Code Mountain: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €176,000 and €216,000, founded between 2020 and 2021.
Official details
Source: KBO- Status
- Active since 11-01-2021Normal situation
- Activity
- Computer consultancy and computer facilities managementNACE 62200and 1 other
- Establishment unit
- 2.313.076.5492840 Rumst, since 11-01-2021
- Financial year end
- 30 September
- Peppol
- Reachable
Annual accounts to 30-09-2025
- €68,264▲ 15.0%
- €51,585▲ 16.8%
- €186,531▲ 38.2%
- €197,797▲ 23.3%
- Filing
- Filed on 17-04-2026, 13 days before the end of the filing period
Insights on Code Mountain
Code Mountain files the micro format. That format states no turnover. The gross margin rose from €56,686 in 2022 to €68,264 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 17-04-2026, 13 days before the deadline€68,264
▲ 15.0%
€65,228
▲ 16.6%
€51,585
▲ 16.8%
€182,618
▲ 41.1%
94.3%
▲ 10.2 percentage points
17.21
▲ 11.12
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 €120,000 and €170,000.
Balance sheet
balance sheet total €197,797 on 30-09-2025What the company ownsHow it is paid for
in 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.
Code Mountain
Middle half of the sector
80% of the sector
Micro accounts in computer programming and consultancy (NACE 62)
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.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
since 11-01-2021
term without a fixed end
listed in the 2025 annual accounts, filed on 17-04-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “behoudens andersluidende bepalingen, alleen optredend, alle handelingen stellen en akten verrichten die nodig of nuttig zijn voor de…”deed of 13-01-2021
Mandates through the years
1 name, the dashed line is todayDirector (not named in the articles)
Board
Mandates as a list
-
- Director (not named in the articles), from 11-01-2021 to date
Control
Founder
This company
Code Mountain
Equity €186,531
Profit €51,585 in 2025
Capital
- Contribution
- €1,000
- Shares
- 100
- Contribution per share
- €10
- Equity per share
- €1,865 in 2025
- Source
- deed of 13-01-2021
Articles of association
deed of 13-01-2021 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- 100 shares
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Friday of March 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
At incorporation
deed of 13-01-2021 ↗
- 100 shares (100%) · €1,000
Network & group
No group
Code Mountain has no parent and no holdings in its annual accounts. is the only director. Code Mountain shares no director with another company.
Timeline
Timeline
10 events since 2021Filings
Financial
Establishments
202220242026
Deadline for the 2026 accounts: 30-04-2027
2026
Annual accounts 2025 filed PDFmicro format · 13 days before the deadline
2025
Highest result from 2022 to 2025 net €51,585 ▲16.8% The operating result of €65,228 and the net result of €51,585 are both a record.
Liquidity more than doubled current ratio 17.21 The current ratio rises from 6.09 to 17.21. Short-term debt falls from €25,412 to €11,266.
Equity above €150,000 equity €186,531 ▲38.2% With a profit in every financial year since 2022, equity grows to €186,531.
Annual accounts 2024 filed PDFmicro format · 23 days before the deadline
2024
Equity above €100,000 equity €134,946 ▲48.6% With a profit in every financial year since 2022, equity grows to €134,946.
Annual accounts 2023 filed PDFmicro format · 32 days before the deadline
2023
Annual accounts 2022 filed PDFmicro format · 25 days before the deadline
2021
IncorporationFounding capital of €1,000, 100 shares · Founder: · Appointment: (director) · published on 13-01-20216 points ▸
- Founder,
- Founding capital, €1,000, 100 shares
- holds 100 shares
- Registered office clause, Waterkant 3, 2840 Terhagen
- Director appointment, (director (not named in the articles))
- Power of attorney, , mentioned twice in the deed
- The deed holds 2 more points.
First establishment Waterkant 3, Rumst
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
Company details
Identity
- Enterprise number
- 0761.429.808
- VAT number
- BE 0761.429.808
- Peppol ID
- 0208:0761429808
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 11-01-2021
- Financial year
- ends on 30 September
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Friday of March at 18:00deed of 13-01-2021 (in Dutch)
- Website
- www.codemountain.be
- Peppol
- Reachable via PeppolFollow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- Code Mountain in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 13-01-2021 (in Dutch)
- Name clauseThe company operates under this name according to its articles.
- Code Moutaindeed of 13-01-2021 (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 13-01-2021 (in Dutch)
Activities
NACEBEL 202562200
Computer consultancy and computer facilities management main activity
62100
Computer programming
Codes under NACEBEL 2008
62020
IT consultancy main activity
62010
Computer programming, consultancy and related activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Het verschaffen van dienstprestaties van bedrijfseconomische,informatica-technische,commerciële,juridische,financiële,technische,logistieke…”deed of 13-01-2021 (in Dutch)
9 activities
- Het verschaffen van dienstprestaties van bedrijfseconomische,informatica-technische,commerciële,juridische,financiële,technische,logistieke of administratieve aard ter ondersteuning van het beleid van binnen-of buitenlandse ondernemingen;overige adviesbureaus op het gebied van bedrijfsbeheer;adviesbureaus op het gebied van bedrijfsvoering;
- Het uitvoeren van alle opdrachten,management en consultancy,participatie onder de vorm van organisatiestudies,expertises,raadgevingen op alle gebied bij ondernemingen en dit in de ruimste zin;
- Het uitvoeren van roerende en onroerende beleggingen voor eigen rekening;
- Het verstrekken van advies en bijstand met betrekking tot het beheer en management van vennootschappen;het geven van opleidingssessies en consultancy in bedrijven;training & coaching in de brede zin van het woord;
- Het waarnemen van alle bestuursopdrachten en het uitoefenen van mandaten van bestuurder,zaakvoerder,volmachtdrager,mandataris,manager,directeur of vereffenaar;
- Het verlenen van adviezen in de ruimste zin,voornamelijk van financiële,technische commerciële of administratieve aard;
- Haar patrimonium,bestaande uit onroerende en roerende goederen en rechten,te behouden,in de ruimste zin van het woord te beheren en oordeelkundig uit te breiden.Daartoe mag zij alle onroerende,roerende en financiële handelingen verrichten,zoals onder meer aankopen en verkopen van roerende en onroerende goederen,onroerende goederen uitrusten,opschikken,ordenen,valoriseren,verkavelen,huren en verhuren,doen bouwen en verbouwen en alle mogelijke onroerende handelingen in de meest brede zin,van welke aard ook,met inbegrip van de onroerende leasing,te gelde maken en beleggen in effecten en alle andere waarde-elementen;
- Het verstrekken en aangaan van geldleningen,het beheren van en het beschikken over registergoederen en het stellen van zekerheden,ook voor schulden van anderen;
- Software/applicaties te ontwikkelen,te reproduceren,te vertalen,te bewerken,te distribueren,te exploiteren,te commercialiseren,te licentiëren of online als service aan te bieden;ontwikkeling van software.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Waterkant 3 registered office 2840 Rumst | 11-01-2021 | 2.313.076.549 |
Buildings and parcels at the address
- Ground area
- 2.3 ha
- Buildings
- 67 m²
- Volume, LiDAR
- 518 m³
- Tallest building
- 11.7 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 11045A0265/00E004 | 2.3 ha | 1 · 67 m² | 11.7 m · 3 |