Equity
€89,342 ▲ 13.4%
CODE4 paid out €60,000 in dividends. That is 85% of the 2025 profit.
CODE4
Overview
Lifetime
4 annual accounts with figures on one time axispeak €143,220 (2024)
€124,113▼ 13.3%
lowest -€36,480 (2022)
€70,564▼ 33.5%
peak €89,342 (2025)
€89,342▲ 13.4%
€114,248▲ 257%
Board3 names since 2022
2 directorsD&B Consulting BV and 1 other
Owners2 names in the annual accounts
33%D&B CONSULTING and 1 other
Documentsfilings and deeds
29-07-20262 days before the deadline
2025micro format
Gross margin from €143,220 to €124,113Result from €106,075 to €70,564Appointment: SEGHERS SLM BV (director) 24-10Amendment of the articles 23-07Dividend €60,000Equity from €78,778 to €89,342
Key points
from the 2025 annual accountsTurnover
≈ €270,000 estimated
The micro format states no turnover.
Debts
€114,248 ▲ 257%
Debts rose by €82,268 in 2025. A dividend stands under other debts on the balance sheet date until it is paid.
Investments
€43,870 5.5 × depreciation
Green is investment, beige is depreciation.
Liquidity
1.33 was 4.22 in 2024
Short-term debts rose from €20,100 to €106,704.
Filings
4 annual accounts 1 late
The 2024 accounts came 25 days late. The other three were filed on time.
Financial institution: outside the modelBankruptcy probability: sector outside the model
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.
Bankruptcy probability within 12 months
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
1 signal, which does not raise the risk
1 signal.
neutral
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 29-07-2026, 2 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
2 days early
2024
25 days late
2023
16 days early
2022
28 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 5 days before the deadline. In the sector (NACE 66), the median for financial year 2024 was 5 days before the deadline, and 39% 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 23 July (3 of the last 4 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
Board and ownership
GM
GQ Management Services COMMV
Director
- D&B CONSULTING 33%equity €40,274 (2025) · 2025 annual accounts of D&B CONSULTING
- SEGHERS SLM 33%equity €6,505 (2025) · 2025 annual accounts of SEGHERS SLM
Recent changes
Appointment: SEGHERS SLM BV (director)
Permanent representative: Seghers Kenneth · Board meeting of 08-07-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0776801041
Amendment of the articles
General meeting of 08-07-2025 · Gazette deed
Amendment of the articles
VERPOORT David holds 330 shares · VAN MALCOT David holds 330 shares · SEGHERS SLM holds 329 shares · General meeting of 31-08-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CODE4 Ronse | €203,590 | €124,113 | 43.9% | - |
| RVV Invest Mortsel | €161,826 | €109,545 | 47.6% | - |
| Gesko Ghent | €162,804 | €104,709 | 85.0% | - |
| EB Consult Kapellen | €246,562 | €75,546 | 1.6% | - |
| Thelonious Sphere Huldenberg | €158,445 | €74,579 | 69.3% | - |
| MedAdviM Mechelen | €161,785 | €65,303 | 85.9% | - |
| HELO ADVICE Lennik | €257,683 | €66,368 | 85.2% | - |
These companies have the same main activity as CODE4: activities auxiliary to financial services and insurance activities (NACE 66290). They are comparable in size and age: total assets between €158,000 and €258,000, founded between 2020 and 2024.
Official details
Source: KBO- Status
- Active since 04-11-2021Normal situation
- Activity
- Activities auxiliary to financial services and insurance activitiesNACE 66290and 1 other
- Establishment unit
- 2.324.310.5359600 Ronse, since 04-11-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 29-09-2025
Annual accounts 2025
- €70,564▼ 33.5%
- €89,342▲ 13.4%
- €203,590▲ 83.8%
- Employeeson 31-12-2025
- 1=
- Filing
- Filed on 29-07-2026, 2 days before the end of the filing period
Insights on CODE4
CODE4 files the micro format. That format states no turnover. The gross margin rose from €32,887 in 2022 to €124,113 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 29-07-2026, 2 days before the deadline€89,342
▲ 13.4%
€203,590
▲ 83.8%
€70,564
▼ 33.5%
43.9%
▼ 27.2 percentage points
79.0%
▼ 55.7 percentage points
34.7%
▼ 61.1 percentage points
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance sheet
balance sheet total €203,590 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
43.9%
Higher than 44% of 3,076 companies in 2025.
34.7%
Higher than 86% of 3,020 companies in 2025.
CODE4
Middle half of the sector
80% of the sector
Micro accounts in auxiliary financial services (NACE 66)
Net result: middle half · Equity: middle half · Balance sheet total: middle half
Staff
€25,071
Staff costs divided by the average number of full-time equivalents.
people who joined
people who left
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 |
203,590 | 110,758 | 59,252 | 52,216 | |
21/28 |
61,769 | 25,925 | 25,773 | 26,523 | |
21 |
61,181 | 24,785 | 25,773 | 26,523 | |
22/27 |
588 | 1,140 | - | - | |
24 |
588 | 1,140 | - | - | |
29/58 |
141,821 | 84,833 | 33,479 | 25,693 | |
40/41 |
26,188 | 0 | 458 | 350 | |
40 |
42 | 0 | 458 | 350 | |
41 |
26,146 | - | - | - | |
54/58 |
59,580 | 21,161 | 27,932 | 4,403 | |
490/1 |
56,052 | 63,672 | 5,089 | 20,941 | |
| Balance sheet: equity and liabilities | |||||
10/49 |
203,590 | 110,758 | 59,252 | 52,216 | |
10/15 |
89,342 | 78,778 | -17,297 | -26,480 | |
10/11 |
10,000 | 10,000 | 10,000 | 10,000 | |
14 |
79,342 | 68,778 | -27,297 | -36,480 | |
17/49 |
114,248 | 31,979 | 76,549 | 78,697 | |
42/48 |
106,704 | 20,100 | 63,516 | 76,351 | |
44 |
39,237 | 3,311 | 424 | 8,677 | |
440/4 |
39,237 | 3,311 | 424 | 8,677 | |
45 |
7,467 | 6,789 | 6,066 | 10,843 | |
450/3 |
4,460 | 4,460 | 123 | 131 | |
454/9 |
3,007 | 2,329 | 5,943 | 10,712 | |
47/48 |
60,000 | 10,000 | 57,026 | 56,831 | |
492/3 |
7,544 | 11,880 | 13,032 | 2,345 | |
| Income statement | |||||
9900 |
124,113 | 143,220 | 71,880 | 32,887 | |
62 |
25,071 | 13,098 | 58,360 | 64,597 | |
630 |
8,026 | 4,004 | 3,250 | 3,477 | |
640/8 |
1,166 | 528 | 800 | 1,023 | |
9901 |
89,850 | 125,590 | 9,470 | -36,210 | |
65/66B |
86 | 55 | 163 | 139 | |
65 |
86 | 55 | 163 | 139 | |
9903 |
89,764 | 125,535 | 9,307 | -36,349 | |
67/77 |
19,200 | 19,460 | 123 | 131 | |
9904 |
70,564 | 106,075 | 9,184 | -36,480 | |
9905 |
70,564 | 106,075 | 9,184 | -36,480 | |
| Appropriation of the result | |||||
9906 |
139,342 | 78,778 | -27,297 | -36,480 | |
14P |
68,778 | -27,297 | -36,480 | - | |
694/7 |
60,000 | 10,000 | - | - | |
694 |
60,000 | - | - | - | |
695 |
0 | 10,000 | - | - | |
| Social balance sheet | |||||
9087 |
1 | 0.9 | 1 | 1 | |
Hours worked1013 |
964 | 800 | 1,219 | 1,542 | |
| Document | |||||
The notes to these accounts have 13 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 29-07-2026.
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 |
|---|---|---|---|---|---|
| 43,870 | 4,155 | 2,500 | 30,000 | ||
| 38,419 | -6,771 | 23,529 | - | ||
| 43.9% | 71.1% | -29.2% | -50.7% | ||
| 79.0% | 134.6% | - | - | ||
| 34.7% | 95.8% | 15.5% | -69.9% |
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.
Social balance sheet
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 1 | 1 | - | 1 |
| full-time | 0 | 0 | - | - |
| part-time | 1 | 1 | - | 1 |
| in full-time equivalents | 0.6 | 0.5 | - | 0.9 |
| 0.6 | 0.5 | 1 | 0.9 | |
| On a permanent contract | 1 | 1 | - | 1 |
| Joined | - | - | 0 | 1 |
| Left | - | - | 1 | 0 |
| Training hours | - | - | 33 | 37 |
Source: social balance sheet in the 2022 to 2025 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Tangible fixed assets | - | €1,655 | - | - |
| Intangible fixed assets | €43,870 | €2,500 | €2,500 | €30,000 |
| Financial fixed assets | €0 | - | - | - |
| €8,026 | €4,004 | €3,250 | €3,477 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on CODE4
The operating result for 2025 is 28% lower than in 2024.
Debt's share of the balance-sheet total rises from 28.9% to 56.1%. Equity and debt are higher.
Board & ownership
Board
2 directors, last change in 2025SEGHERS SLM BV
Director (executive), permanent representative Seghers Kenneth
appointed by deed of 24-10-2025
term without a fixed end
Permanent representatives 1
Mandates through the years
3 names, the dashed line is todayBoardOther functionmandate already running before its first mention
Mandates as a list
- D&B Consulting BV
- Director, since before 31-12-2022
- GQ Management Services COMMV
- Director, since before 31-12-2022
- SEGHERS SLM
- Director (executive), appointed by deed of 24-10-2025, still in office
Control
33%
This company
CODE4
Equity €89,342
Profit €70,564 in 2025
Capital
- Contribution
- €10,000
- Source
- 2025 annual accounts
Owners through the years
as the annual accounts name themOwners as a list
- D&B CONSULTING
- SEGHERS SLM
Source: lists of holdings in the owners' accounts
Shareholders
2 ownersOwners 2
- Equity €40,274 Profit of €53,144 in 2025 (profit of €52,974 in 2024)33%
- Equity €6,505 Profit of €12,656 in 2025 (profit of €24,115 in 2024)33%
Capital transactions
Shareholders according to the deeds
Stated in the deed
deed of 12-09-2023 ↗
- VERPOORT David 330 shares
- VAN MALCOT David 330 shares
- SEGHERS SLM 329 shares
- SEGHERS Kenneth 1 share
Network & group
No group
CODE4 has no parent and no holdings in its annual accounts.
At the same address
Ninoofsesteenweg 324, 9600 Ronse · 4 other companies| DV & Partners
registered office since 01-10-2007 · founded in 2007 |
total assets €1.5m (2025) 0892.755.039 |
| D&L VLAANDEREN
registered office since 27-10-2023 · founded in 2023 |
total assets €170,958 (2025) 1001.722.562 |
| INSURE 4 YOU
registered office since 26-06-2017 · founded in 2017 |
total assets €164,601 (2025) 0677.541.337 |
| DV
registered office since 01-10-2020 |
founded in 2020 0752.909.050 |
Connections & network
2 current directorsThe network starts from the directors of CODE4. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Timeline
13 events since 2021Board
Capital
Filings
Financial
Establishments
Other
202220242026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 2 days before the deadline
2025
Appointment: SEGHERS SLM BV (director)Permanent representative: Seghers Kenneth · Board meeting of 08-07-20253 points ▸
- Board meeting, 08-07-2025
- Director appointment, SEGHERS SLM BV (director (executive))
- Permanent representative, Seghers Kenneth
Registered in the Peppol Directory Reachable for e-invoices through 0208:0776801041
Annual accounts 2024 filed PDFmicro format · 25 days late
Amendment of the articlesGeneral meeting of 08-07-20251 point ▸
- General meeting, 08-07-2025
- The deed holds 3 more points.
2024
Highest result from 2022 to 2025 net €106,075 ▲1,055% The operating result of €125,590 and the net result of €106,075 are both a record.
Liquidity times 8 current ratio 4.22 The current ratio rises from 0.53 to 4.22. Short-term debt falls from €63,516 to €20,100.
Annual accounts 2023 filed PDFmicro format · 16 days before the deadline
2023
Back to profit net €9,184 The net result is €9,184, after one loss-making year.
Amendment of the articlesVERPOORT David holds 330 shares · VAN MALCOT David holds 330 shares · SEGHERS SLM holds 329 shares · General meeting of 31-08-202313 points ▸
- General meeting, 31-08-2023
- VERPOORT David holds 330 shares
- VAN MALCOT David holds 330 shares
- SEGHERS SLM holds 329 shares
- SEGHERS Kenneth holds 1 share
- VERPOORT David holds 4 shares
- VAN MALCOT David holds 4 shares
- SEGHERS SLM holds 2 shares
- Amendment of the articles, article 1
- Amendment of the articles, article 5
- Amendment of the articles, article 7
- Amendment of the articles, article 8
- Amendment of the articles, article 20
- The deed holds 3 more points.
Annual accounts 2022 filed PDFmicro format · 28 days before the deadline
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
- 0776.801.041
- VAT number
- BE 0776.801.041
- Peppol ID
- 0208:0776801041
- Other Peppol ID
- 9925:BE0776801041
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 04-11-2021
- Financial year
- ends on 31 December
- Peppol
- Reachable since 29-09-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- CODE4 in Dutch
- Name in the Peppol Directory
- Code 4
- Entity type
- Legal entity
Activities
NACEBEL 2025VAT activities
66290
Activities auxiliary to financial services and insurance activities main activity
Social security (RSZ) activities
66220
Insurance agents and brokers main activity
Codes under NACEBEL 2008
VAT activities
66290
Activities auxiliary to financial services and insurance activities main activity
Social security (RSZ) activities
66220
Activities auxiliary to financial services and insurance activities main activity
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Ninoofsesteenweg 324 registered office 9600 Ronse | 04-11-2021 | 2.324.310.535 |
Buildings and parcels at the address
- Ground area
- 1,227 m²
- Buildings
- 743 m²
- Volume, LiDAR
- 3,984 m³
- Tallest building
- 17.1 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 45041B1271/00D003 | 1,227 m² | 1 · 743 m² | 17.1 m · 2 |