CODEBROTHRS
Annual accounts 2025
micro format, filed on 23-07-2026, 8 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €180,000. Estimated: probably between €110,000 and €320,000.
Balance sheet
balance sheet total €121,707 on 31-12-2025in euro
in euro
Position in the sector
37.9%
Higher than 35% of 2,302 companies in 2025.
1.33
Higher than 33% of 2,199 companies in 2025.
21.1%
Higher than 61% of 2,233 companies in 2025.
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 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||
20/58 |
121,707 | 115,713 | 114,715 | 119,365 | 110,565 | 114,003 | 114,691 | 144,980 | 151,958 | 68,614 | |
21/28 |
47,916 | 54,957 | 36,093 | 40,251 | 45,187 | 51,191 | 54,721 | 108,555 | 92,856 | 9,458 | |
22/27 |
47,916 | 54,957 | 36,093 | 40,251 | 45,187 | 51,191 | 54,721 | 108,555 | 92,856 | 9,458 | |
22 |
28,980 | 30,107 | 31,235 | 32,362 | 33,490 | 34,617 | 35,745 | 36,872 | - | - | |
23 |
808 | 1,888 | 2,969 | 4,049 | 5,217 | 176 | 2,157 | 6,264 | 8,556 | 6,678 | |
24 |
18,128 | 22,962 | 1,889 | 3,839 | 5,899 | 12,299 | 9,200 | 9,333 | 12,617 | 2,780 | |
26 |
- | - | - | - | 581 | 4,100 | 7,618 | 11,137 | 11,750 | - | |
29/58 |
73,791 | 60,756 | 78,622 | 79,114 | 65,378 | 62,812 | 59,970 | 36,425 | 59,103 | 59,156 | |
40/41 |
17,328 | 18,196 | 18,308 | 16,893 | 29,151 | 28,279 | 31,083 | 17,719 | 29,652 | 26,929 | |
40 |
16,117 | 16,038 | 16,898 | 14,810 | 25,637 | 24,270 | 27,302 | 17,642 | 29,583 | 25,869 | |
41 |
1,211 | 2,157 | 1,410 | 2,083 | 3,514 | 4,009 | 3,781 | 76 | 69 | 1,061 | |
54/58 |
56,205 | 42,482 | 44,380 | 44,229 | 7,774 | 32,176 | 21,606 | 18,446 | 29,352 | 30,124 | |
490/1 |
259 | 78 | 15,934 | 17,992 | 28,453 | 2,356 | 7,281 | 261 | 99 | 2,103 | |
| Balance sheet: equity and liabilities | |||||||||||
10/49 |
121,707 | 115,713 | 114,715 | 119,365 | 110,565 | 114,003 | 114,691 | 144,980 | 151,958 | 68,614 | |
10/15 |
46,103 | 77,505 | 50,840 | 49,220 | 35,372 | 31,987 | 41,990 | 24,604 | 55,515 | 37,350 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 12,400 | 12,400 | 12,400 | 12,400 | |
13 |
27,503 | 58,905 | 35,790 | 35,790 | 35,790 | 35,790 | 35,790 | 18,404 | 49,315 | 31,150 | |
130/1 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,557 | |
1311 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | |
133 |
25,643 | 57,045 | 33,930 | 33,930 | 33,930 | 33,930 | 33,930 | 16,544 | 47,455 | 29,592 | |
14 |
- | - | -3,551 | -5,170 | -6,619 | -10,003 | - | - | - | - | |
17/49 |
75,604 | 38,209 | 63,875 | 70,145 | 75,193 | 82,016 | 72,700 | 120,377 | 96,443 | 31,265 | |
17 |
19,563 | 22,571 | 25,523 | 29,707 | 35,404 | 40,865 | 36,796 | 81,659 | 56,917 | - | |
170/4 |
19,563 | 22,571 | 25,523 | 29,707 | 35,404 | 40,865 | 36,796 | 81,659 | 56,917 | - | |
42/48 |
55,632 | 15,638 | 36,877 | 40,438 | 39,789 | 41,069 | 35,904 | 38,718 | 39,525 | 31,265 | |
42 |
5,539 | 4,306 | 5,537 | 6,979 | 6,128 | 6,497 | 2,689 | 17,382 | 14,437 | - | |
44 |
1,664 | - | 1,850 | 3,361 | 2,176 | 4,876 | 14,225 | 4,207 | 3,867 | 6,466 | |
440/4 |
1,664 | - | 1,850 | 3,361 | 2,176 | 4,876 | 14,225 | 4,207 | 3,867 | 6,466 | |
45 |
7,045 | 4,125 | 3,205 | 2,174 | 2,772 | 7,719 | 3,824 | 10,326 | 14,404 | 17,891 | |
450/3 |
7,045 | 4,125 | 3,205 | 2,174 | 2,772 | 7,719 | 3,824 | 10,326 | 14,404 | 17,891 | |
47/48 |
41,384 | 7,206 | 26,285 | 27,924 | 28,713 | 21,977 | 15,167 | 6,804 | 6,818 | 6,908 | |
492/3 |
410 | - | 1,475 | - | - | 82 | - | - | 2 | - | |
| Income statement | |||||||||||
76A |
- | - | - | 894 | - | 141 | - | - | - | - | |
9900 |
44,675 | 43,198 | 11,022 | 11,451 | 17,790 | 5,502 | 23,590 | 9,336 | 43,577 | 58,767 | |
62 |
- | - | - | 250 | - | - | - | - | - | - | |
630 |
8,528 | 6,103 | 4,158 | 4,936 | 11,406 | 12,227 | 13,612 | 37,016 | 25,701 | 11,357 | |
640/8 |
526 | 510 | 502 | 455 | 975 | 562 | 629 | 486 | 615 | 606 | |
9901 |
35,621 | 36,585 | 6,362 | 5,810 | 5,409 | -7,286 | 9,350 | -28,167 | 17,260 | 46,805 | |
75/76B |
0 | - | 138 | 170 | 322 | 110 | 10,382 | 12 | 8,109 | 1 | |
75 |
0 | - | 138 | 170 | 322 | 110 | 2 | 12 | 32 | 1 | |
76B |
- | - | - | - | - | - | 10,381 | - | 8,077 | - | |
65/66B |
1,376 | 1,487 | 2,225 | 2,615 | 1,360 | 2,337 | 1,884 | 2,485 | 563 | 214 | |
65 |
1,376 | 1,487 | 2,225 | 2,615 | 1,360 | 2,337 | 1,884 | 2,485 | 563 | 214 | |
9903 |
34,245 | 35,098 | 4,275 | 3,365 | 4,371 | -9,513 | 17,848 | -30,640 | 24,806 | 46,591 | |
67/77 |
8,602 | 8,433 | 2,656 | 1,917 | 986 | 491 | 461 | 272 | 6,641 | 15,442 | |
9904 |
25,643 | 26,665 | 1,620 | 1,448 | 3,385 | -10,003 | 17,387 | -30,911 | 18,165 | 31,150 | |
9905 |
25,643 | 26,665 | 1,620 | 1,448 | 3,385 | -10,003 | 17,387 | -30,911 | 18,165 | 31,150 | |
| Appropriation of the result | |||||||||||
9906 |
25,643 | 23,114 | -3,551 | -5,170 | -6,619 | -10,003 | 17,387 | -30,911 | 18,165 | 31,150 | |
14P |
- | -3,551 | -5,170 | -6,619 | -10,003 | - | - | - | - | - | |
791/2 |
57,045 | - | - | - | - | - | - | 30,911 | - | - | |
691/2 |
25,643 | 23,114 | - | - | - | - | 17,387 | - | 18,165 | 31,150 | |
6920 |
- | - | - | - | - | - | - | - | 303 | 1,557 | |
6921 |
25,643 | 23,114 | - | - | - | - | 17,387 | - | 17,863 | 29,592 | |
694/7 |
57,045 | - | - | - | - | - | - | - | - | - | |
694 |
57,045 | - | - | - | - | - | - | - | - | - | |
| Document | |||||||||||
The notes to these accounts have 6 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 23-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 23-07-2026 | 2026-00322645 | |
| 31-12-2024 | micro format | 10-07-2025 | 2025-00256155 | |
| 31-12-2023 | micro format | 03-07-2024 | 2024-00205193 | |
| 31-12-2022 | micro format | 31-07-2023 | 2023-00311215 | |
| 31-12-2021 | micro format | 05-08-2022 | 2022-20271494 | |
| 31-12-2020 | micro format | 02-08-2021 | 2021-45300437 | |
| 31-12-2019 | micro format | 31-08-2020 | 2020-48300084 | |
| 31-12-2018 | micro format | 06-08-2019 | 2019-44000415 | |
| 31-12-2017 | micro format | 24-07-2018 | 2018-36900384 | |
| 31-12-2016 | micro format | 31-08-2017 | 2017-52400052 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 44,149 | 42,688 | 10,520 | 10,746 | 16,815 | 4,940 | 22,961 | 8,849 | 42,961 | 58,161 | ||
| 34,171 | 32,768 | 5,778 | 6,384 | 14,791 | 2,223 | 30,999 | 6,105 | 43,867 | 42,506 | ||
| 1,487 | 24,967 | 0 | 0 | 5,402 | 8,697 | 64,512 | 52,716 | 111,429 | 20,815 | ||
| 13,722 | -1,897 | 151 | 36,455 | -24,402 | 10,571 | 3,160 | -10,907 | -772 | - | ||
| 18,159 | 45,118 | 41,745 | 38,676 | 25,589 | 21,743 | 24,066 | -2,292 | 19,578 | 27,891 | ||
| 37.9% | 67.0% | 44.3% | 41.2% | 32.0% | 28.1% | 36.6% | 17.0% | 36.5% | 54.4% | ||
| 1.33 | 3.89 | 2.13 | 1.96 | 1.64 | 1.53 | 1.67 | 0.94 | 1.50 | 1.89 | ||
| 1.64 | 0.49 | 1.26 | 1.43 | 2.13 | 2.56 | 1.73 | 4.89 | 1.74 | 0.84 | ||
| 55.6% | 34.4% | 3.2% | 2.9% | 9.6% | -31.3% | 41.4% | -125.6% | 32.7% | 83.4% | ||
| 21.1% | 23.0% | 1.4% | 1.2% | 3.1% | -8.8% | 15.2% | -21.3% | 12.0% | 45.4% | ||
| 32.10 | 28.71 | 4.73 | 4.11 | 12.36 | - | - | - | - | - |
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 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €1,487 | €24,967 | - | - | €5,402 |
| €8,528 | €6,103 | €4,158 | €4,936 | €11,406 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on CODEBROTHRS
The operating result for 2025 is 3% lower than in 2024.
Debt's share of the balance-sheet total rises from 33.0% to 62.1%. Equity is lower and debt is higher.