Debts
€186,074 100% of the balance sheet
Financial debts 43%Suppliers 22%Taxes and wages 8%Other 27%
Of this, €164,817 falls due within a year.
Code200
Lifetime
4 annual accounts with figures on one time axispeak €81,844 (2023)
€77,307▼ 5.5%
lowest -€3,145 (2021)
€3,289▼ 78.2%
peak €21,670 (2022)
€448▲ €3,289
€186,074▼ 13.7%
Board2 names since 2020
2 directors and 1 other
Documentsfilings and deeds
28-10-202589 days late
2024micro format
Result from €15,104 to €3,289Equity from -€2,841 to €448Cash from €4,073 to €157
Key points
from the 2024 annual accountsFilings
4 annual accounts 104 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
Position in the sector
0.2%
Lower solvency than 85% of companies in other professional activities. Sector median 50.2% · 4,290 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,250 companies had the same profile as Code200 has now. Each dot stands for 4 companies, two years later.
94.4%
were still trading
2.7%
stopped another way
2.6%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 1,250 companies, not a prediction for Code200. 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
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Signals
Board and ownership
Director
Director
- founderdeed of 22-12-2020
- founderdeed of 22-12-2020
Recent changes
Company renamed from Nx2 to Code200
“Het verwerven van participaties in eender welke vorm in alle bestaande of op te richten rechtspersonen en…” (deed in Dutch) · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0760301341
Publication in the Belgian Official Gazette
Gazette deed
First establishment
Leliestraat 5, Ledegem
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Code200 Ledegem | €186,522 | €77,307 | 0.2% | - |
| Nester Kortrijk | €163,531 | €63,336 | 61.8% | - |
| TO-bureau Wevelgem | €170,435 | €61,389 | 96.6% | - |
| Lovibond Design Schaerbeek | €201,958 | €112,962 | 62.1% | - |
| HUMBL-DESIGN Lummen | €180,750 | €107,378 | 50.7% | - |
| Leds Invest Schoten | €163,152 | €40,385 | 32.2% | - |
| JVL-TECHNICS Houthulst | €88,057 | €44,036 | 91.5% | - |
These companies have the same main activity as Code200: other professional, scientific and technical activities (NACE 74112). They are comparable in size and age: total assets between €88,100 and €202,000, founded between 2018 and 2022.
Official details
Source: KBO- Status
- Active since 18-12-2020Normal situation
- Activity
- Other professional, scientific and technical activitiesNACE 74112and 6 others
- Establishment unit
- 2.311.994.7038880 Ledegem, since 01-01-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 04-09-2025
Annual accounts 2024
- ≈ €230,000estimated
- €186,522▼ 12.4%
- Employeeson 31-12-2024
- 1=
- Filing
- Filed on 28-10-2025
Insights on Code200
Code200 files the micro format. That format states no turnover. The gross margin rose from €15,297 in 2021 to €77,307 in 2024.
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 Code200
- What is the company number of Code200?
- The company number of Code200 is 0760.301.341. The VAT number is the same number with BE in front: BE 0760.301.341.
- Where is Code200 based?
- The registered office is at Leliestraat 5, 8880 Ledegem.Company details
- What does Code200 do?
- According to the KBO register, the main activity is other professional, scientific and technical activities (NACE 74112).
- What is the legal form of Code200?
- Code200 is a private limited company (BV).
- When was Code200 founded?
- Code200 was founded on 18-12-2020.
- Is Code200 still active?
- Yes, Code200 is an active enterprise in the KBO register.
- How many employees does Code200 have?
- Code200 had an average of 1 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- What is the turnover of Code200?
- The turnover in financial year 2024 is ≈ €230,000. This figure is estimated from the gross margin of €77,307 and 2,666 comparable companies of the same size. It probably lies between €150,000 and €400,000. It is a rough estimate.
- Is Code200 profitable?
- In financial year 2024, Code200 made a profit of €3,289.
- Where can I find the annual accounts of Code200?
- Code200 filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Next steps
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