Code Till Dawn
Annual accounts 2025
micro format, filed on 23-06-2026, 38 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 ≈ €54,000. Estimated: probably between €26,000 and €110,000.
Balance sheet
balance sheet total €33,484 on 31-12-2025in euro
in euro
Position in the sector
21.1%
Higher than 21% of 21,208 companies in 2025.
0.86
Higher than 12% of 20,571 companies in 2025.
-5.5%
Higher than 13% of 20,746 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
33,484 | 36,823 | 44,268 | |
21/28 |
18,296 | 27,332 | 32,351 | |
22/27 |
18,296 | 27,332 | 32,351 | |
23 |
- | 263 | 526 | |
24 |
1,952 | 3,406 | 842 | |
25 |
16,344 | 23,664 | 30,983 | |
29/58 |
15,188 | 9,491 | 11,917 | |
40/41 |
14,640 | 2,618 | - | |
40 |
14,640 | 2,618 | - | |
54/58 |
174 | 6,873 | 11,747 | |
490/1 |
375 | - | 170 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
33,484 | 36,823 | 44,268 | |
10/15 |
7,056 | 8,903 | 9,860 | |
10/11 |
3,000 | 3,000 | 3,000 | |
14 |
4,056 | 5,903 | 6,860 | |
17/49 |
26,429 | 27,920 | 34,408 | |
17 |
8,694 | 15,672 | 22,239 | |
170/4 |
8,694 | 15,672 | 22,239 | |
42/48 |
17,735 | 12,248 | 12,169 | |
42 |
6,138 | 6,567 | 6,181 | |
44 |
- | - | 609 | |
440/4 |
- | - | 609 | |
45 |
2,715 | 1,457 | 4,447 | |
450/3 |
2,715 | 1,457 | 4,447 | |
47/48 |
8,882 | 4,224 | 931 | |
| Income statement | ||||
9900 |
10,219 | 11,986 | 19,428 | |
630 |
9,036 | 8,658 | 6,255 | |
640/8 |
759 | 1,578 | 768 | |
9901 |
424 | 1,749 | 12,405 | |
75/76B |
0 | - | 13 | |
75 |
0 | - | 13 | |
65/66B |
1,828 | 1,994 | 1,933 | |
65 |
1,828 | 1,994 | 1,933 | |
9903 |
-1,404 | -244 | 10,485 | |
67/77 |
444 | 713 | 2,825 | |
9904 |
-1,847 | -957 | 7,660 | |
9905 |
-1,847 | -957 | 7,660 | |
| Appropriation of the result | ||||
9906 |
4,056 | 5,903 | 7,660 | |
14P |
5,903 | 6,860 | - | |
694/7 |
- | - | 800 | |
694 |
- | - | 800 | |
| 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 23-06-2026.
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 |
|---|---|---|---|---|
| 9,460 | 10,408 | 18,660 | ||
| 7,189 | 7,701 | 13,915 | ||
| 0 | 3,640 | 38,607 | ||
| -6,699 | -4,874 | - | ||
| -2,546 | -2,758 | -252 | ||
| 21.1% | 24.2% | 22.3% | ||
| 0.86 | 0.77 | 0.98 | ||
| 3.75 | 3.14 | 3.49 | ||
| -26.2% | -10.7% | 77.7% | ||
| -5.5% | -2.6% | 17.3% | ||
| 5.18 | 5.22 | 9.66 |
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 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | - | €3,640 | €38,607 |
| €9,036 | €8,658 | €6,255 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on Code Till Dawn
The operating result for 2025 is 76% lower than in 2024 and the lowest since 2023. It is the second fall in a row.
Debt's share of the balance-sheet total rises from 75.8% to 78.9%. Equity and debt are lower.