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CodeBorn

Active
Private limited companyfounded 20242 yrs activeSijsjeslaan(BRA) 5, 2880 Bornem, BelgiumKBO/BCE: BE 1005.176.059
Summary

CodeBorn has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €55,833 and a net result of €52,833. Its solvency ranks better than 58% of 37951 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2024
Axes
Profitability100
Solvency91
Growth-
Track record67
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,500 at 30 days acceptable
Liquidity ample (current ratio 2.72; short-term debt: 33.8% and cash: 57.2% of total assets), and 33.8% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-07-2025, 0 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2024
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts on the deadline day; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 25 January 2024, CodeBorn was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€55,833
Total assets
€84,397
Net result
€52,833
Working capital
€49,176

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €84,397
Fixed assets €6,657
Current assets €77,740
Equity and liabilities €84,397
Equity €55,833
Debt €28,564
Debt finances 33.8% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€69,182
Cash flow
€54,837
Current ratio
2.72
Debt to equity
0.51
ROE
94.6%
ROA
62.6%
Debt ≤ 1 year
€28,564
Income taxes
€14,405
Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 31 lines
Balance sheet Code2024
Assets
Total assets20/58€84,397
Fixed assets21/28€6,657
Tangible fixed assets22/27€6,657
Furniture and vehicles24€6,657
Current assets29/58€77,740
Amounts receivable within one year40/41€28,490
Trade receivables40€26,509
Other amounts receivable41€1,981
Cash at bank and in hand54/58€48,294
Deferred charges and accrued income490/1€956
Equity and liabilities
Total equity and liabilities10/49€84,397
Equity10/15€55,833
Contributions10/11€3,000
Profit (loss) carried forward14€52,833
Amounts payable17/49€28,564
Amounts payable within one year42/48€28,564
Trade debts44€1,467
Suppliers440/4€1,467
Taxes, remuneration and social security45€27,097
Taxes450/3€27,097
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,004
Other operating charges640/8€967
Gross operating margin9900€70,149
Operating profit (loss)9901€67,178
Financial income75/76B€60
Recurring financial income75€60
Profit (loss) for the period before taxes9903€67,238
Income taxes67/77€14,405
Profit (loss) for the period9904€52,833
Profit (loss) for the period to be appropriated9905€52,833
Appropriation of the result
Profit (loss) to be appropriated9906€52,833

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,004
Other operating charges640/8€967
Gross operating margin9900€70,149
Operating profit (loss)9901€67,178
Financial income75/76B€60
Recurring financial income75€60
Profit (loss) for the period before taxes9903€67,238
Income taxes67/77€14,405
Profit (loss) for the period9904€52,833
Profit (loss) for the period to be appropriated9905€52,833
Line2024
Assets
Total assets20/58€84,397
Fixed assets21/28€6,657
Tangible fixed assets22/27€6,657
Furniture and vehicles24€6,657
Current assets29/58€77,740
Amounts receivable within one year40/41€28,490
Trade receivables40€26,509
Other amounts receivable41€1,981
Cash at bank and in hand54/58€48,294
Deferred charges and accrued income490/1€956
Equity and liabilities
Total equity and liabilities10/49€84,397
Equity10/15€55,833
Contributions10/11€3,000
Profit (loss) carried forward14€52,833
Amounts payable17/49€28,564
Amounts payable within one year42/48€28,564
Trade debts44€1,467
Suppliers440/4€1,467
Taxes, remuneration and social security45€27,097
Taxes450/3€27,097
Line2024
Profit (loss) for the period9904€52,833
+ Depreciation and write-downs630€2,004
Operating cash flow (approximation)€54,837

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
31-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Bornem · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
761 m²
Building footprint
150 m²
Volume, LiDAR
761 m³
Parcel 12362G0575/00B000, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CodeBorn
Sijsjeslaan(BRA) 5, 2880 BornemBusiness consulting
since 20242.355.197.909
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
12362G0575/00B000 Flanders 761 m² 1 · 150 m² 7.5 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 82,632 companies in sector 70200 we hold annual accounts for 52,587. 38,629 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded25-01-2024
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
63920Other information service activities
73300Public relations and communication consultancy
82100Office administrative and support services
82990Other business support services

Scores and ratios are computed by Checked and are not a credit decision.