Equity
€123,944 ▲ 69.5%
Equity rose in 2025 from €73,114 to €123,944.
Codebri
Overview
Lifetime
2 annual accounts with figures on one time axispeak €93,264 (2024)
€67,206▼ 27.9%
peak €71,114 (2024)
€50,830▼ 28.5%
peak €123,944 (2025)
€123,944▲ 69.5%
€26,475▼ 12.1%
Board1 name since 2023
1 directorDERYCKE Siemen
Documentsfilings and deeds
10-03-2026143 days before the deadline
2025micro format
Gross margin from €93,264 to €67,206Result from €71,114 to €50,830Equity from €73,114 to €123,944Cash from €87,315 to €117,808
Key points
from the 2025 annual accountsInvestments
€5,530 9.7 × depreciation
Green is investment, beige is depreciation.
Liquidity
5.49 was 3.43 in 2024
Short-term debts fell from €30,122 to €26,475.
Checked score
98
Excellent
Financially stronger than 84% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 25,930 companies (NACE 62, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%
01-2025: 0.4%● unchanged vs 12-2024
02-2025: 0.4%● unchanged vs 01-2025
03-2025: 0.5%▲ +0.1 percentage points vs 02-2025
04-2025: 0.5%● unchanged vs 03-2025highest value
05-2025: < 0.1%▼ -0.5 percentage points vs 04-2025lowest value
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
1 change of registered office in 24 months
lowers risk
Liquidity: current ratio 5.49, cash €117,808
Sector: Computer programming, consultancy and related activities (NACE 62)
Equity €123,944 (82.4% of total assets)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro). It does better than 85% of them on solvency, 85% on liquidity, 82% on profitability and 85% on growth.
The bankruptcy probability was computed on 07-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as Codebri 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
The bankruptcy probability of Codebri itself is lower: < 0.1% within 12 months. It rests on far more data about Codebri than the profile alone.
Test of the method
The method was tested on the 497,447 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 Codebri. 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
Credit of up to €12,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 5.49 (3.43 in 2024), above the usual 1.5. Short-term debt is 17.6% and cash 78.3% of total assets. 17.6% of the assets are financed with debt and provisions.
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
Five signals.
lowers riskraises riskneutral
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 10-03-2026, 143 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
143 days early
2024
115 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 129 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% 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.
Companies Code · seven monthsWhere today falls in the filing period
07-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered office moved from Kortrijk to Zwevegem
New registered office: Libelstraat 2, 8550 Zwevegem (Belgie) · Previous registered office: Burgemeester Pyckestraat 17, 8500 Kortrijk (België) · Board meeting of 26-01-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0804518493
Incorporation
Founding capital of €2,000, 100 shares · Founder: DERYCKE Siemen (oprichter comparant) · Appointment: DERYCKE Siemen (director) · published on 07-08-2023 · Gazette deed
First establishment
Libelstraat 2, Zwevegem
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Codebri Zwevegem | €150,419 | €67,206 | 82.4% | - |
| L-Soft Zwevegem | €152,474 | €64,747 | 70.8% | - |
| VHB SERVICES Zwevegem | €146,831 | €69,953 | 67.3% | - |
| VDS Networks Beernem | €152,649 | €65,125 | 70.8% | - |
| natox.be Bruges | €142,912 | €77,286 | 93.7% | - |
| VDW Progress Zwevegem | €163,280 | €77,291 | 75.7% | - |
| LATENTIA Uccle | €146,271 | €68,895 | 78.4% | - |
These companies have the same main activity as Codebri: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €143,000 and €163,000, founded in 2023.
Official details
Source: KBO- Status
- Active since 03-08-2023Normal situation
- Activity
- Computer consultancy and computer facilities managementNACE 62200and 4 others
- Establishment unit
- 2.348.324.0728550 Zwevegem, since 03-08-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 24-08-2023
Annual accounts 2025
- €67,206▼ 27.9%
- ≈ €130,000estimated
- €50,830▼ 28.5%
- €123,944▲ 69.5%
- €150,419▲ 45.7%
- Filing
- Filed on 10-03-2026, 143 days before the end of the filing period
Insights on Codebri
Codebri has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €123,944 and a net result of €50,830.
Its solvency ranks better than 78% of 21,193 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 10-03-2026, 143 days before the deadline€67,206
▼ 27.9%
€66,505
▼ 28.6%
€50,830
▼ 28.5%
€118,986
▲ 62.7%
82.4%
▲ 11.6 percentage points
5.49
▲ 2.07
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 ≈ €130,000. Estimated: probably between €120,000 and €170,000.
Balance sheet
balance sheet total €150,419 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
82.4%
Higher than 78% of 21,193 companies in 2025.
5.49
Higher than 77% of 20,556 companies in 2025.
33.8%
Higher than 72% of 20,731 companies in 2025.
Codebri
Middle half of the sector
80% of the sector
Micro accounts in computer programming and consultancy (NACE 62)
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
150,419 | 103,236 | |
21/28 |
4,958 | - | |
22/27 |
4,958 | - | |
23 |
2,599 | - | |
26 |
2,358 | - | |
29/58 |
145,461 | 103,236 | |
40/41 |
26,109 | 13,280 | |
40 |
26,109 | 13,280 | |
54/58 |
117,808 | 87,315 | |
490/1 |
1,544 | 2,641 | |
| Balance sheet: equity and liabilities | |||
10/49 |
150,419 | 103,236 | |
10/15 |
123,944 | 73,114 | |
10/11 |
2,000 | 2,000 | |
13 |
121,944 | 71,114 | |
133 |
121,944 | 71,114 | |
17/49 |
26,475 | 30,122 | |
42/48 |
26,475 | 30,122 | |
44 |
1,331 | 1,549 | |
440/4 |
1,331 | 1,549 | |
45 |
23,070 | 26,510 | |
450/3 |
21,176 | 24,617 | |
454/9 |
1,893 | 1,893 | |
47/48 |
2,074 | 2,063 | |
| Income statement | |||
9900 |
67,206 | 93,264 | |
630 |
572 | - | |
640/8 |
128 | 176 | |
9901 |
66,505 | 93,088 | |
65/66B |
2,242 | 3,308 | |
65 |
2,242 | 3,308 | |
9903 |
64,263 | 89,779 | |
67/77 |
13,433 | 18,665 | |
9904 |
50,830 | 71,114 | |
9905 |
50,830 | 71,114 | |
| Appropriation of the result | |||
9906 |
50,830 | 71,114 | |
691/2 |
50,830 | 71,114 | |
6921 |
50,830 | 71,114 | |
| Document | |||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 10-03-2026.
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 |
|---|---|---|---|
| 67,078 | - | ||
| 51,402 | - | ||
| 5,530 | - | ||
| 30,493 | - | ||
| 118,986 | 73,114 | ||
| 82.4% | 70.8% | ||
| 5.49 | 3.43 | ||
| 0.21 | 0.41 | ||
| 41.0% | 97.3% | ||
| 33.8% | 68.9% | ||
| 29.92 | - |
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 | €5,530 | - |
| €572 | - |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on Codebri
The operating result for 2025 is 29% lower than in 2024.
Debt's share of the balance-sheet total falls from 29.2% to 17.6%. Equity is higher and debt is lower.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
appointed by deed of 07-08-2023
term without a fixed end
listed in the 2025 annual accounts, filed on 10-03-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alone“Artikel 11. Bevoegdheden van het bestuursorgaan Als er slechts één bestuurder is, is het geheel van de bevoegdheden van de bestuurders aan…”deed of 07-08-2023
Full text
Artikel 11. Bevoegdheden van het bestuursorgaan Als er slechts één bestuurder is, is het geheel van de bevoegdheden van de bestuurders aan hem toegekend, met de mogelijkheid een deel van deze bevoegdheden te delegeren. Indien de vennootschap door meer dan één bestuurders wordt bestuurd, mag iedere bestuurder, alleen optredend, alle handelingen stellen die nodig of nuttig zijn voor de verwezenlijking van het voorwerp van de vennootschap, behalve deze die de wet of de statuten aan de algemene vergadering voorbehouden. Iedere bestuurder vertegenwoordigt de vennootschap jegens derden en in rechte als eiser of als verweerder. Hij kan bijzondere machten toekennen aan elke mandataris.
Mandates through the years
1 name, the dashed line is todayDERYCKE Siemen
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- DERYCKE Siemen
- Director (not named in the articles), appointed by deed of 07-08-2023, still in office
Control
Capital
- Contribution
- €2,000
- Shares
- 100
- Contribution per share
- €20
- Equity per share
- €1,239 in 2025
- Source
- deed of 07-08-2023
Articles of association
deed of 07-08-2023 (in Dutch)- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- 100 shares
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Monday of June at 18:00
Shareholders
At incorporation
deed of 07-08-2023 ↗
- DERYCKE Siemen 100 shares (100%) · €2,000 in cash
Network & group
No group
Codebri has no parent and no holdings in its annual accounts. DERYCKE Siemen is the only director. Codebri shares no director with another company.
The LEI register names no parent.
Timeline
Timeline
7 events since 2023Filings
Financial
Establishments
Address
2023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Registered office moved from Kortrijk to ZwevegemNew registered office: Libelstraat 2, 8550 Zwevegem (Belgie) · Previous registered office: Burgemeester Pyckestraat 17, 8500 Kortrijk (België) · Board meeting of 26-01-20262 points ▸
- Board meeting, 26-01-2026
- Registered-office move, Libelstraat 2, 8550 Zwevegem (Belgie)
Annual accounts 2025 filed PDFmicro format · 143 days before the deadline
2025
Equity above €100,000 equity €123,944 ▲69.5% With a profit in every financial year since 2024, equity grows to €123,944.
Annual accounts 2024 filed PDFmicro format · 115 days before the deadline
2023
Registered in the Peppol Directory Reachable for e-invoices through 0208:0804518493
IncorporationFounding capital of €2,000, 100 shares · Founder: DERYCKE Siemen (oprichter comparant) · Appointment: DERYCKE Siemen (director) · published on 07-08-20234 points ▸
- Founder, DERYCKE Siemen (oprichter comparant)
- Founding capital, €2,000, 100 shares
- Registered office clause, Burgemeester Pyckestraat 17, 8500 Kortrijk
- Director appointment, DERYCKE Siemen (director (not named in the articles))
- The deed holds 6 more points.
First establishment Libelstraat 2, Zwevegem
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
On 3 August 2023, Codebri was incorporated as a private limited company by one natural person, with a starting capital of €2,000.12 In 2026 the registered office moved to Zwevegem.3 DERYCKE Siemen is director of the company, appointed by deed of 07-08-2023.2
Company details
Identity
- Enterprise number
- 0804.518.493
- VAT number
- BE 0804.518.493
- Peppol ID
- 0208:0804518493
- Other Peppol ID
- 9925:BE0804518493
- LEI code
- 648800XBJANH7M0NUT42 live in the LEI register
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 03-08-2023
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Monday of June at 18:00deed of 07-08-2023 (in Dutch)
- Peppol
- Reachable since 24-08-2023Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- Codebri 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.
- “Vlaams Gewest”deed of 07-08-2023 (in Dutch)
Activities
NACEBEL 202562200
Computer consultancy and computer facilities management main activity
62100
Computer programming
Codes under NACEBEL 2008
62020
IT consultancy main activity
62010
Computer programming, consultancy and related activities
63110
Computing infrastructure, data processing, hosting and other information service activities
70220
Business consulting
82990
Other business support services
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Het verlenen van advies en het uitvoeren van consultancywerkzaamheden op het vlak van informatica in de breedste zin van het woord; Het…”deed of 07-08-2023 (in Dutch)
21 activities
- Het verlenen van advies en het uitvoeren van consultancywerkzaamheden op het vlak van informatica in de breedste zin van het woord
- Het verlenen van administratieve prestaties en computerservices,onder meer het uitvoeren van audits,analyse,design,development en testing,software-architectuur,en alle werkzaamheden die rechtstreeks of onrechtstreeks in verband staan met de verschillende activiteiten behorende tot de levenscyclus van een software systeem en/of product
- Het ontwikkelen,implementeren,commercialiseren en distribueren van software,al dan niet website gerelateerd
- De ontwikkeling,uittesting,coördinatie,promotie,advertising,franchising,huur,verhuur,aankoop,verkoop en distributie,in het groot en in het klein,met inbegrip van import en export in het binnen-en buitenland van zowel know-how als producten en diensten,met inbegrip van hun rechten en systemen(hard-en software)via bestaande en nieuwe vormen van telecommunicatie,zoals interactieve televisie,videotekst,audiotekst,teletekst,personal computers,CD-I,CD-Rom,decoders en telefonie over materiële netwerken(kabel-,telefoon-,straal-,satelliet-en radio-)en immateriële netwerken(Internet,LAN’s,WAN’s,enzovoort)
- Alle verrichtingen die rechtstreeks of onrechtstreeks verband houden met communicatie in de meest uitgebreide zin van het woord,met name de creatie,realisatie,organisatie,uitvoering,productie,distributie en de import en export van alle vormen van communicatie die een bedrijf,een instelling of eender welke organisatie of persoon,de naam ervan,de diensten,de werking en de producten,zowel intern als extern,kunnen helpen te identificeren en/of promoten,inbegrepen alle vormen van publiciteit,promotie,salespromotie,pers en public relations,dit alles zonder enige beperking of restrictie
- Aanmaken,ter beschikking stellen,beheren en onderhouden van allerhande databanken
- Webhosting en allerhande internet-advertentie-activiteiten
- Het samenstellen en uitgeven van alle informatie op alle beschikbare dragers
- Het opzetten,het bestuderen,het promoten en het uitvoeren van alle projecten in verband met informatica en aanverwante toepassingen
- Het uitvoeren van studies,het programmeren en opstarten van organisatiesystemen,van marketing,de praktische toepassing van systemen van gegevensverwerking en alle technieken met betrekking tot de technische,administratieve,economische en algemene leiding van bedrijven
- De internetverkoop en verkoop van goederen en diensten op afstand van allerhande goederen
- Het importeren en exporteren van goederen en het aankopen en terug verkopen van goederen
- Tussenpersoon in de handel in het algemeen
- Het verlenen van bijstand,advies en leiding aan bedrijven,privépersonen en instellingen,voornamelijk doch niet uitsluitend op het vlak van management,marketing,sales en business development,productie en ontwikkeling,processing en het besturen van vennootschappen,dit alles in de meest ruime betekenis
- Het verlenen van bijstand in juridische,commerciële,financiële,administratieve,sociale en bedrijfseconomische aangelegenheden
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen;alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten,zoals de aan-en verkoop,de bouw,de verbouwing,de binnenhuisinrichting en decoratie,de algehele verbeteringswerken en technieken,de huur en verhuur,de ruil,de verkaveling en,in het algemeen,alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het beheer of op het productief maken van onroerende goederen of onroerende zakelijke rechten
- Het beleggen,het intekenen op,vast overnemen,plaatsen,kopen,verkopen en verhandelen van aandelen,deelbewijzen,obligaties,warrants,certificaten,schuldvorderingen,gelden en andere roerende waarden,uitgegeven door Belgische of buitenlandse ondernemingen al dan niet onder de vorm van vennootschappen,administratiekantoren,instellingen en verenigingen al dan niet met een(semi)-publiekrechtelijk statuut
- Het beheren van beleggingen en van participaties in dochtervennootschapen,het waarnemen van bestuurdersfuncties,het verlenen van advies,management en andere diensten aan of in overeenstemming met de activiteiten die de vennootschap zelf voert.Deze diensten kunnen worden geleverd krachtens contractuele of statutaire benoemingen en in de hoedanigheid van externe raadgever of orgaan van de cliënt
- Het verstrekken van leningen en voorschotten onder eender welke vorm of duur,aan alle verbonden ondernemingen of ondernemingen waarin ze een participatie bezit,alsmede het waarborgen van alle verbintenissen van zelfde ondernemingen
- Het verlenen van bijstand,advies en leiding aan bedrijven,privépersonen en instellingen,voornamelijk doch niet uitsluitend op het vlak van management,marketing,sales en business development,productie en ontwikkeling,processing en het besturen van vennootschappen,dit alles in de meest ruime betekenis
- Zelf of als tussenpersoon alle hulpmiddelen verschaffen,bestuurdersfuncties waarnemen of laten waarnemen en diensten verlenen die direct of indirect verband houden met de voorgaande
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Libelstraat 2 registered office 8550 Zwevegem | 03-08-2023 | 2.348.324.072 |
1 former office
- 8500 Kortrijk until 01-01-2026 · deed of 10-03-2026
Buildings and parcels at the address
- Ground area
- 300 m²
- Buildings
- 84 m²
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 34042B0235/00Z004 | 300 m² | 1 · 84 m² | - |