Losses
-€2,804 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
Code Till Dawn
Lifetime
3 annual accounts with figures on one time axispeak €19,428 (2023)
€10,219▼ 14.7%
lowest -€1,847 (2025)
-€1,847▼ €890
peak €9,860 (2023)
€7,056▼ 20.7%
€26,429▼ 5.3%
Board1 name since 2023
1 directorVAN dER VORST Collin
Documentsfilings and deeds
23-06-202638 days before the deadline
2025micro format
Gross margin from €11,986 to €10,219Loss of €1,847Equity from €8,903 to €7,056Cash from €6,873 to €174
Key points
from the 2025 annual accountsDebts
€26,429 79% of the balance sheet
Financial debts 33%Taxes and wages 10%Other 57%
Of this, €17,735 falls due within a year.
Position in the sector
€7,056
Less equity than 85% of companies in computer programming and consultancy. Sector median €69,072 · 21,214 companies.
Checked score
81
Excellent
Financially stronger than 20% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% 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 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%lowest value
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged 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: 0.1%● unchanged vs 05-2026
07-2026: 0.4%▲ +0.3 percentage points vs 06-2026highest value
08-2026: 0.4%● unchanged vs 07-2026
09-2026: 0.3%▼ -0.1 percentage points vs 08-2026
10-2026: 0.3%● unchanged vs 09-2026
11-2026: 0.3%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Liquidity: current ratio 0.86, cash €174, halved
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Size: total assets €33,484
Figures for financial year 2025 (filed on 23-06-2026)
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 23% of them on solvency, 9% on liquidity, 23% on profitability and 24% 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, 1,271 companies had the same profile as Code Till Dawn has now. Each dot stands for 4 companies, two years later.
93.4%
were still trading
2.0%
stopped another way
4.1%
went bankrupt
Another 0.5% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Code Till Dawn itself is lower: 0.3% within 12 months. It rests on far more data about Code Till Dawn 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 1,271 companies, not a prediction for Code Till Dawn. 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 €500 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.86 (0.77 in 2024), below 1. Short-term debt is 53% and cash 0.5% of total assets. 78.9% of the assets are financed with debt and provisions.
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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 21% of 21208 sector peers (2025).
NBB · sector comparisonPosition among 21208 sector peers
Solvency
better than 21%
← 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 23-06-2026, 38 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
38 days early
2024
40 days early
2023
41 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 40 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 21 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
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0797085028
Incorporation
Founding capital of €3,000, 1,000 shares · Founder: VAN dER VORST Collin · Appointment: VAN dER VORST Collin (director) · published on 16-01-2023 · Gazette deed
First establishment
Steenweg van Aalst 89, Dendermonde
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Code Till Dawn Dendermonde | €33,484 | €10,219 | 21.1% | - |
| Decode Aartselaar | €34,245 | €10,396 | 29.1% | - |
| TECHBIRDS Aalter | €29,489 | €10,166 | 76.4% | - |
| RENTWEB Ninove | €32,944 | €13,621 | 65.3% | - |
| Cyber Policy House Ghent | €31,040 | €8,144 | 35.4% | - |
| EMPIRIA Sint-Niklaas | €35,524 | €13,857 | 70.3% | - |
| DMZ Agro-Consulting Aalst | €31,358 | €7,735 | 70.3% | - |
These companies have the same main activity as Code Till Dawn: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €29,500 and €35,500, founded between 2022 and 2023.
Official details
Source: KBO- Status
- Active since 12-01-2023Normal situation
- Activity
- Computer consultancy and computer facilities managementNACE 62200and 5 others
- Establishment unit
- 2.340.737.8809200 Dendermonde, since 12-01-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 02-09-2023
Annual accounts 2025
- ≈ €54,000estimated
- €33,484▼ 9.1%
- Filing
- Filed on 23-06-2026, 38 days before the end of the filing period
Insights on Code Till Dawn
Code Till Dawn files the micro format. That format states no turnover. The gross margin fell from €19,428 in 2023 to €10,219 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Code Till Dawn
- What is the company number of Code Till Dawn?
- The company number of Code Till Dawn is 0797.085.028. The VAT number is the same number with BE in front: BE 0797.085.028.
- Where is Code Till Dawn based?
- The registered office is at Steenweg van Aalst 89, 9200 Dendermonde.Company details
- What does Code Till Dawn do?
- According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
- What is the legal form of Code Till Dawn?
- Code Till Dawn is a private limited company (BV).
- When was Code Till Dawn founded?
- Code Till Dawn was founded on 12-01-2023.
- Is Code Till Dawn still active?
- Yes, Code Till Dawn is an active enterprise in the KBO register.
- What is the turnover of Code Till Dawn?
- The turnover in financial year 2025 is ≈ €54,000. This figure is estimated from the gross margin of €10,219 and 73 comparable companies (NACE 62200). It probably lies between €26,000 and €110,000. It is a rough estimate.Financials
- Is Code Till Dawn profitable?
- In financial year 2025, Code Till Dawn made a loss of €1,847.
- Where can I find the annual accounts of Code Till Dawn?
- Code Till Dawn filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Code Till Dawn due?
- Code Till Dawn must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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