Equity
€116,046 ▲ 108%
Equity rose in 2025 from €55,833 to €116,046.
CodeBorn
Overview
Lifetime
2 annual accounts with figures on one time axispeak €79,464 (2025)
€79,464▲ 13.3%
peak €60,214 (2025)
€60,214▲ 14.0%
peak €116,046 (2025)
€116,046▲ 108%
€45,091▲ 57.9%
Board1 name since 2024
1 director
Documentsfilings and deeds
25-06-202636 days before the deadline
2025micro format
Gross margin from €70,149 to €79,464Equity from €55,833 to €116,046Debts from €28,564 to €45,091Cash from €48,294 to €69,901
Key points
from the 2025 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as CodeBorn has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,448 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 39,278 companies, not a prediction for CodeBorn. 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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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1005176059
Incorporation
Founding capital of €3,000, 300 shares · Founder: · Appointment: (director) · published on 29-01-2024 · Gazette deed
First establishment
Sijsjeslaan 5, Bornem
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CodeBorn Bornem | €161,138 | €79,464 | 72.0% | - |
| ENSWIETE Bornem | €147,462 | €73,905 | 74.4% | - |
| MoonShot marketing Mortsel | €157,372 | €79,328 | 65.1% | - |
| DIVARI Consult Kontich | €162,020 | €82,207 | 72.3% | - |
| VISIONARY CONSULTING & MANAGEMENT Rumst | €169,907 | €76,953 | 66.9% | - |
| DeBaar Kontich | €155,021 | €84,893 | 58.6% | - |
| LEMMCO Edegem | €158,261 | €73,111 | 55.8% | - |
These companies have the same main activity as CodeBorn: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €147,000 and €170,000, founded in 2024.
Official details
Source: KBO- Status
- Active since 25-01-2024Normal situation
- Activity
- Business and other management consultancyNACE 70200and 4 others
- Establishment unit
- 2.355.197.9092880 Bornem, since 25-01-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 02-07-2025
Annual accounts 2025
- €79,464▲ 13.3%
- €60,214▲ 14.0%
- €116,046▲ 108%
- €161,138▲ 90.9%
- Filing
- Filed on 25-06-2026, 36 days before the end of the filing period
Insights on CodeBorn
CodeBorn has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €116,046 and a net result of €60,214.
Its solvency ranks better than 68% of 39,376 sector peers (NACE 70, financial year 2025).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 25-06-2026, 36 days before the deadline€79,464
▲ 13.3%
€75,882
▲ 13.0%
€60,214
▲ 14.0%
€112,277
▲ 128%
72.0%
▲ 5.9 percentage points
3.49
▲ 0.77
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €160,000. Estimated: probably between €120,000 and €210,000.
Balance sheet
balance sheet total €161,138 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
72.0%
Higher than 68% of 39,376 companies in 2025.
3.49
Higher than 68% of 38,058 companies in 2025.
37.4%
Higher than 78% of 38,530 companies in 2025.
CodeBorn
Middle half of the sector
80% of the sector
Micro 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 | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
161,138 | 84,397 | |
21/28 |
3,770 | 6,657 | |
22/27 |
3,770 | 6,657 | |
24 |
3,770 | 6,657 | |
29/58 |
157,368 | 77,740 | |
40/41 |
36,509 | 28,490 | |
40 |
26,955 | 26,509 | |
41 |
9,554 | 1,981 | |
50/53 |
50,000 | - | |
54/58 |
69,901 | 48,294 | |
490/1 |
958 | 956 | |
| Balance sheet: equity and liabilities | |||
10/49 |
161,138 | 84,397 | |
10/15 |
116,046 | 55,833 | |
10/11 |
3,000 | 3,000 | |
14 |
113,046 | 52,833 | |
17/49 |
45,091 | 28,564 | |
42/48 |
45,091 | 28,564 | |
44 |
1,620 | 1,467 | |
440/4 |
1,620 | 1,467 | |
45 |
43,471 | 27,097 | |
450/3 |
43,471 | 27,097 | |
| Income statement | |||
9900 |
79,464 | 70,149 | |
630 |
2,887 | 2,004 | |
640/8 |
695 | 967 | |
9901 |
75,882 | 67,178 | |
75/76B |
538 | 60 | |
75 |
538 | 60 | |
65/66B |
68 | - | |
65 |
68 | - | |
9903 |
76,352 | 67,238 | |
67/77 |
16,139 | 14,405 | |
9904 |
60,214 | 52,833 | |
9905 |
60,214 | 52,833 | |
| Appropriation of the result | |||
9906 |
113,046 | 52,833 | |
14P |
52,833 | - | |
| Document | |||
The notes to these accounts have 4 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 25-06-2026.
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 |
|---|---|---|---|
| 78,769 | 69,182 | ||
| 63,101 | 54,837 | ||
| 0 | 8,661 | ||
| 21,606 | - | ||
| 112,277 | 49,176 | ||
| 72.0% | 66.2% | ||
| 3.49 | 2.72 | ||
| 0.39 | 0.51 | ||
| 51.9% | 94.6% | ||
| 37.4% | 62.6% | ||
| over 100 | - |
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 |
|---|---|---|
| Tangible fixed assets | - | €8,661 |
| €2,887 | €2,004 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on CodeBorn
The operating result for 2025 is 13% higher than in 2024.
Debt's share of the balance-sheet total falls from 33.8% to 28.0%. Equity and debt are higher.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
since 24-01-2024
term without a fixed end
listed in the 2025 annual accounts, filed on 25-06-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 29-01-2024
Mandates through the years
1 name, the dashed line is todayDirector (not named in the articles)
Board
Mandates as a list
-
- Director (not named in the articles), from 24-01-2024 to date
Control
Founder
This company
CodeBorn
Equity €116,046
Profit €60,214 in 2025
Capital
- Contribution
- €3,000
- Shares
- 300
- Contribution per share
- €10
- Equity per share
- €387 in 2025
- Source
- deed of 29-01-2024
Articles of association
deed of 29-01-2024 (in Dutch)- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Saturday of June at 14:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Shareholders
At incorporation
deed of 29-01-2024 ↗
- 300 shares (100%) · €3,000 in cash
Network & group
No group
CodeBorn has no parent and no holdings in its annual accounts. is the only director. CodeBorn shares no director with another company.
Timeline
Timeline
6 events since 2024Filings
Financial
Establishments
202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 36 days before the deadline
2025
Equity above €100,000 equity €116,046 ▲108% With a profit in every financial year since 2024, equity grows to €116,046.
Annual accounts 2024 filed PDFmicro format · on the deadline day
Registered in the Peppol Directory Reachable for e-invoices through 0208:1005176059
2024
IncorporationFounding capital of €3,000, 300 shares · Founder: · Appointment: (director) · published on 29-01-20243 points ▸
- Founder,
- Founding capital, €3,000, 300 shares
- Director appointment, (director (not named in the articles))
- The deed holds 2 more points.
First establishment Sijsjeslaan 5, Bornem
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
- 1005.176.059
- VAT number
- BE 1005.176.059
- Peppol ID
- 0208:1005176059
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 25-01-2024
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Saturday of June at 14:00deed of 29-01-2024 (in Dutch)
- Peppol
- Reachable since 02-07-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- CodeBorn in Dutch
- Entity type
- Legal entity
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Sijsjeslaan 5, 2880 Bornem”deed of 29-01-2024 (in Dutch)
Activities
NACEBEL 202570200
Business and other management consultancy main activity
Codes under NACEBEL 2008
70220
Business consulting main activity
63990
Computing infrastructure, data processing, hosting and other information service activities
70210
Activities of head offices; management consultancy activities
82110
Office administrative, office support and other business support activities
82990
Other business support services
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Het verlenen van management- en consultingdiensten; Het verlenen van diensten van financiële,commerciële,operationele of administratieve…”deed of 29-01-2024 (in Dutch)
19 activities
- Het verlenen van management- en consultingdiensten;
- Het verlenen van diensten van financiële,commerciële,operationele of administratieve aard;
- Adviesverlening op het vlak van bedrijfsbeheer en marketing;
- Het verlenen van diensten inzake public relations,communicatie en informatie;
- Het verlenen van adviezen en hulp,het verschaffen van informatie aan publiekrechterlijke en privaatrechterlijke bedrijven,instanties,vennootschappen,verenigingen,particulieren en de overheid op het gebied van planning,organisatie,efficiëntie,toezicht en beheer;
- Het geven,organiseren en/of begeleiden van opleidingen,trainingen en congressen,zowel nationaal als internationaal;
- Coaching,training,opleiding en begeleiding van werknemers,bedrijfsleiders,bedrijven,verenigingen en organisaties;
- Adviesverlening en bijstand bij de aanwerving en selectie van werknemers en consultants;
- Bestuur,beheer en (her)structurering van ondernemingen en vennootschappen;
- Het uitbaten van concessies,licenties en andere immateriële rechten en activa.
- Het beheer van een patrimonium bestaande uit zowel roerende als onroerende goederen;
- Projectontwikkeling en beheer inzake onroerend goed en het kopen en verkopen,huren en verhuren,het bouwen en verbouwen en het leasen van onroerende goederen;
- Het verlenen van diensten inzake projectleiding,engineering,bouw- en werfcoördinatie en opvolging,analyse,programmatie,training en opleiding;
- Het verwerven door koop,huur of anderszins van onroerende en roerende goederen;
- Het uitsluitend voor eigen rekening beheren van alle soorten rechten,beleggingen en financiële instrumenten,zoals ondermeer,zonder dat deze opsomming beperkend is,auteursrechten en andere roerende rechten,kunstvoorwerpen,kasbons,aandelen,obligaties,opties,en andere;
- In het algemeen mag zij zowel in België als in het buitenland roerende,onroerende,financiële en commerciële activiteiten verrichten die rechtstreeks of onrechtstreeks dienstig zijn om haar activiteiten uit te oefenen of uit te breiden,zonder dat deze opsomming beperkend is;
- De vennootschap mag optreden als lasthebber,bestuurder,zaakvoerder en/of vereffenaar van alle rechtspersonen;
- De vennootschap mag participaties nemen en investeringen doen,onder welke vorm ook,in andere vennootschappen;
- De vennootschap mag alle verrichtingen,met inbegrip van financiële,roerende en onroerende verrichtingen,doen die rechtstreeks of onrechtstreeks verband houden met haar voorwerp.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Sijsjeslaan 5 registered office 2880 Bornem | 25-01-2024 | 2.355.197.909 |
Buildings and parcels at the address
- Ground area
- 761 m²
- Buildings
- 150 m²
- Volume, LiDAR
- 761 m³
- Tallest building
- 7.5 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 12362G0575/00B000 | 761 m² | 1 · 150 m² | 7.5 m · 2 |