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CODE ZERO

Active Private limited companyfounded 2000active for 26 yearsAcacialaan 10, 8301 Knokke-HeistKBO/BCE: BE 0472.602.806

Annual accounts 2025

abbreviated format, filed on 28-07-2026, 3 days before the deadline
€47,788
▼ 55.1%
€24,755
▼ 71.9%
€10,839
▼ 81.6%
€11,179
▼ 21.6%
31.9%
▲ 4.4 percentage points
1.29
▲ 0.02

Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €120,000. Estimated: probably between €77,000 and €180,000.

Amounts without an identifiable currency are taken as euros.

Balance sheet

balance sheet total €453,492 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

31.9%

Higher than 32% of 10,858 companies in 2025.

1.29

Higher than 45% of 10,480 companies in 2025.

2.4%

Higher than 38% of 10,727 companies in 2025.

CODE ZERO Middle half of the sector 80% of the sector Abbreviated accounts in head offices and management consultancy (NACE 70)

Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 453,492486,455452,197469,724532,068522,967579,681619,933574,371185,243200,863168,653175,468178,103198,421170,042183,190169,877170,099178,405
21/28 403,147417,776424,976445,647471,116457,227475,932591,126562,613127,801125,690142,809154,473163,568169,781148,998138,485141,791164,848-
22/27 402,792417,421424,621445,397471,116457,227475,932591,126562,613127,801125,690142,809154,473163,568169,781148,998138,485141,791164,848164,959
22 379,382391,561405,109401,608412,757423,999441,522554,238549,913115,872113,137117,095121,053125,011128,968133,208137,176141,143145,110143,714
23 --8792,7304,7165,841-3,4477,6843,1382,1115521,6541,7896916662276481,9492,913
24 9,81112,2605,03327,46040,04321,78732,16031,1915,0158,79110,44225,16231,76736,76840,12115,1231,082-17,78918,332
26 13,60013,60013,60013,60013,6005,6002,2502,250------------
28 355355355250----------------
29/58 50,34468,67927,22024,07760,95265,740103,74928,80711,75857,44275,17425,84520,99514,53528,64021,04544,70628,0865,25113,446
29 ---------23,22523,225---------
291 ---------23,22523,225---------
40/41 16,86111,45515,51821,6646,6097,4453,6504,31930619,26426,55312,74119,2265,06211,13810,81943,79526,8834,42013,446
40 9,82311,43415,51821,5956,2927,1423,267--19,00025,80010,43319,1804,46811,13810,80343,25026,6433,55313,446
41 7,03821-693173033834,3193062657532,30846593-17545240867-
54/58 32,14954,6326,9052,41242,37245,32486,56319,6826,18014,95224,72412,4391,1089,47415,64510,2259111,203831-
490/1 1,3342,5924,797-11,97112,97113,5364,8075,272-670665660-1,858-----
Balance sheet: equity and liabilities
10/49 453,492486,455452,197469,724532,068522,967579,681619,933574,371185,243200,863168,653175,468178,103198,421170,042183,190169,877170,099178,405
10/15 144,586133,74774,96837,68170,14568,66068,37168,21947,62246,95646,92623,2008,4108,3397,1356,2996,2716,2546,2539,206
10/11 18,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,600-
10 -------------------18,600
100 ------18,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,600
13 125,986115,14756,36819,08151,54550,06049,77149,61929,02228,35628,3264,600221150150164150150150150
130/1 ---1,8601,8601,860--------------
130 ------1,8601,8601,8601,8601,8601,860221150150150150150150150
1311 ---1,8601,8601,860--------------
132 ---------------14----
133 125,986115,14756,36817,22149,68548,20047,91147,75927,16226,49626,4662,740--------
14 -------------10,411-10,411-11,615-12,465-12,478-12,495-12,497-9,544
17/49 308,905352,708377,228432,043461,923454,307511,310551,714526,749138,287153,938145,454167,058169,764191,287163,744176,919163,623163,846169,199
17 269,740298,283331,650372,947385,355372,437394,623415,936440,16879,62676,28573,00093,320117,185140,196126,682138,842120,536131,782129,597
170/4 269,740298,283331,650372,947385,355372,437394,623415,936440,16879,62676,28573,00093,320117,185140,196126,682138,842120,536131,782129,597
42/48 39,16654,42545,57859,09773,93080,051113,092131,67684,60956,79874,31168,37070,45448,52846,75932,06032,32039,31228,46937,562
42 27,37526,90226,43725,98125,53225,09124,65724,23123,813--20,32023,86523,01122,18812,16011,69411,24610,81510,401
43 -7,057-----------------228
430/8 -7,057-----------------228
44 1,7661,4762,37330,78244,13048,66572,17987,27447,95738,67216,4146,2633,4372,9651,291-9524491,9524,171
440/4 1,7661,4762,37330,78244,13048,66572,17987,27447,95738,67216,4146,2633,4372,9651,291-9524491,9524,171
45 10,02410,78716,7682,3343,9904,9525,9068,2254,6407,67021,89727,6797,0202,1015,2301,1738011,0012,3227,803
450/3 7,77410,78712,9152,3343,9904,9521,2891,4334,6407,6703,6971,6794,1452,1015,2301,1738011,0012,3222,508
454/9 2,250-3,854---4,6176,791--18,20026,0002,875------5,295
47/48 -8,203--2791,34410,34911,9478,19910,45636,00014,10836,13120,45118,05118,72618,87326,61613,38114,959
492/3 ----2,6381,8203,5954,1021,9721,8633,3414,0843,2854,0524,3325,0015,7563,7743,5952,040
Income statement
76A -4,681------------1,566-----
9900 47,788106,43586,0264,17549,36854,32962,61278,53640,63823,89390,67444,01822,33122,70128,54320,08816,86324,54111,18126,588
630 20,77417,38820,24827,57531,18631,76734,77835,65621,0969,5928,11614,88210,3789,9548,9348,6814,9216,2682,49315,258
631/4 -100------------------
640/8 2,2598118672,2963,7625,8054,5375,5075,9913,7203,0194,1743,0222,9047,2892,3653,1065138322,590
66A --3,6291,5483,701-6,188---8,297827--1,469--9,539--
9901 24,75588,13661,282-27,24410,72016,75717,10937,37313,55210,58179,53824,9638,9309,84212,3209,0438,83617,7607,8568,740
75/76B 71473404960802,7432,9211,084013137---2-
75 71473404960802,7432,9211,084013137---28
65/66B 7,2635,5254,8704,9978,2848,84210,51011,6109,6643,2545,8576,9116,6138,6498,8079,0158,8198,2198,528-
65 7,2635,5254,8704,9978,2848,84210,51011,6109,6643,2545,8576,9116,6138,6498,8079,0158,8198,2198,5287,037
9903 18,20583,34556,412-32,2382,5317,9156,60625,7636,63210,24866,46817,2242,3301,2063,61727172-6711,711
67/77 7,36624,56619,1252271,0467,6266,4545,1665,96610,2176,7422,4342,25922,781---2,2831,654
9904 10,83958,77937,287-32,4641,48528915220,5976653159,72614,790711,20483627172-2,95457
789 --------------14-----
689 ---------------14----
9905 10,83958,77937,287-32,4641,48528915220,5976653159,72614,790711,20485013172-2,95457
Appropriation of the result
9906 10,83958,77937,287-32,4641,48528915220,5976653159,7264,379-10,340-10,411-11,615-12,465-12,478-12,495-12,497-9,487
14P --------------------9,544
791/2 ---32,464----------------
691/2 10,83958,77937,287-1,48528915220,5976653123,7264,37971------57
6920 -----------1,63971------57
6921 10,83958,77937,287-1,48528915220,5976653123,7262,740--------
694/7 ----------36,000---------
695 ----------36,000---------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 5 older financial years (2001-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 18 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 28-07-2026.

Download as CSV

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 abbreviated format 28-07-2026 2026-00339384 PDF
31-12-2024 abbreviated format 11-07-2025 2025-00257900 PDF
31-12-2023 abbreviated format 18-07-2024 2024-00256742 PDF
31-12-2022 abbreviated format 28-06-2023 2023-00166312 PDF
31-12-2021 micro format 12-09-2022 2022-20430137 PDF
31-12-2020 micro format 27-09-2021 2021-69800270 PDF
31-12-2019 micro format 08-10-2020 2020-60200462 PDF
31-12-2018 micro format 08-10-2019 2019-70200479 PDF
31-12-2017 micro format 29-09-2018 2018-68700442 PDF
31-12-2016 micro format 12-07-2017 2017-30200314 PDF
31-12-2015 abbreviated format 20-07-2016 2016-33600054 PDF
31-12-2014 abbreviated format 17-07-2015 2015-31900321 PDF
31-12-2013 abbreviated format 11-09-2014 2014-58400525 PDF
31-12-2012 abbreviated format 09-10-2013 2013-62900005 PDF
31-12-2011 abbreviated format 20-08-2012 2012-43400070 PDF
31-12-2010 abbreviated format 26-07-2011 2011-33700022 PDF
31-12-2009 abbreviated format 25-06-2010 2010-22700350 PDF
31-12-2008 abbreviated format 30-09-2009 2009-79100282 PDF
31-12-2007 abbreviated format 08-08-2008 2008-55700161 PDF
31-12-2006 abbreviated format 22-11-2007 2007-80700284 PDF
31-12-2005 abbreviated format 24-07-2006 2006-51703914 PDF
30-12-2004 abbreviated format 18-10-2005 2005-83002017 PDF
30-12-2003 abbreviated format 30-09-2004 2004-69303955 PDF
30-12-2002 abbreviated format 31-07-2003 2003-58401771 PDF
30-12-2001 abbreviated format 14-10-2002 2002-65605195 PDF

Subsidies and aid

Flemish government 2022 to 2025, 3 entries, €2,255 awarded, €2,255 paid

Year Entries AwardedPaid
2025 1 €627€1,343
2024 1 €716€0
2022 1 €912€912

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
45,529105,52481,53033141,90648,52451,88773,02934,64820,17387,65439,84419,30819,79721,25417,72413,75824,02810,34923,998
31,61376,16757,535-4,88932,67132,05634,93056,25321,7619,62367,84229,67210,44911,1599,7708,7084,9386,269-46115,315
6,14510,18818,8113,65554,20613,06130,83464,169463,28011,70415,3474,0451,2833,74144,70219,1941,615-16,7892,38224,698
-22,48347,7274,493-39,959-2,952-41,23966,88213,502-8,772-9,77212,28611,330-8,366-6,1715,4199,315-292371--
11,17914,254-18,358-35,020-12,978-14,310-9,342-102,869-72,851644863-42,525-49,459-33,992-18,119-11,01512,385-11,226-23,218-24,116
31.9%27.5%16.6%8.0%13.2%13.1%11.8%11.0%8.3%25.3%23.4%13.8%4.8%4.7%3.6%3.7%3.4%3.7%3.7%5.2%
1.291.260.600.410.820.820.920.220.141.011.010.380.300.300.610.661.380.710.180.36
2.142.645.0311.476.596.627.488.0911.062.953.286.2719.8620.3626.8126.0028.2126.1626.2018.38
7.5%43.9%49.7%-86.2%2.1%0.4%0.2%30.2%1.4%0.1%127.3%63.7%0.8%14.4%11.7%0.4%0.3%0.0%-47.2%0.6%
2.4%12.1%8.2%-6.9%0.3%0.1%0.0%3.3%0.1%0.0%29.7%8.8%0.0%0.7%0.4%0.0%0.0%0.0%-1.7%0.0%
6.2719.1016.740.075.06--------------3.41

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.

Securities and guarantees

on own assets and for others
Item20252024202320222021
Debts secured on the company's own assets€154,336----
Debts guaranteed by Belgian public bodies€154,336€181,711€211,140--

Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€6,145€10,188€18,601€3,405€54,206
Financial fixed assets--€210€250-
€20,774€17,388€20,248€27,575€31,186

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on CODE ZERO

The operating result for 2025 is 72% lower than in 2024 and the lowest since 2022.

Debt's share of the balance-sheet total falls from 72.5% to 68.1%. Equity is higher and debt is lower.

Next steps