Equity
€18,600 from €205,753 in 2020
Equity fell by 91% in 5 years.
CodeCanoe
Lifetime
8 annual accounts with figures on one time axispeak €135,817 (2018)
€35,106▼ 19.1%
peak €82,273 (2018)
€17,552▼ 28.8%
peak €205,753 (2020)
€18,600▼ 57.0%
€52,793▼ 0.9%
Board1 name since 2017
1 director
Documentsfilings and deeds
18-05-202674 days before the deadline
2025micro format
Gross margin from €43,406 to €35,106Result from €24,644 to €17,552Dividend €42,196Equity from €43,244 to €18,600
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, 6,715 companies had the same profile as CodeCanoe has now. Each dot stands for 17 companies, two years later.
95.8%
were still trading
2.2%
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 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 6,715 companies, not a prediction for CodeCanoe. 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 0208:0674925505
Reappointment: (director)
holds all the shares · General meeting of 26-01-2026 · Gazette deed
Registered office moved from Ledeberg to Frasnes-lez-Anvaing
New registered office: Rue Houssière 33 A, 7911 Frasnes-lez-Anvaing (Frasnes-lezBuissenal) · Previous registered office: Ledebergstraat 76, 9050 Ledeberg · Gazette deed
Registered office moved from Nazareth to Ledeberg
New registered office: Ledebergstraat 76, 9050 Ledeberg · Previous registered office: Oostkouter 21, 9810 Nazareth · Change of role: , from manager to director · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CodeCanoe Frasnes-lez-Anvaing | €71,393 | €35,106 | 26.1% | - |
| BR&D Villers-la-Ville | €71,989 | €36,815 | -64.2% | - |
| DATA PRIVACY BOX Forest | €70,381 | €36,107 | 74.2% | - |
| ANTARTICA Brussels | €69,563 | €39,293 | 74.5% | - |
| FinCo Services Tessenderlo-Ham | €66,512 | €38,524 | 57.7% | - |
| Circulen Ardooie | €67,946 | €38,125 | 79.1% | - |
| YOUR OWN REVOLUTION Grimbergen | €80,709 | €36,251 | 83.5% | - |
These companies have the same main activity as CodeCanoe: computer programming (NACE 62100). They are comparable in size and age: total assets between €66,500 and €80,700, founded between 2016 and 2018.
Official details
Source: KBO- Status
- Active since 28-04-2017Normal situation
- Activity
- Computer programmingNACE 62100and 3 others
- Establishment unit
- 2.263.815.0017911 Frasnes-lez-Anvaing, since 28-04-2017
- Financial year end
- 31 December
- Peppol
- Reachable since 27-03-2026
Annual accounts 2025
- €71,393▼ 26.0%
- Filing
- Filed on 18-05-2026, 74 days before the end of the filing period
Insights on CodeCanoe
CodeCanoe files the micro format. That format states no turnover. The gross margin fell from €135,817 in 2018 to €35,106 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about CodeCanoe
- What is the company number of CodeCanoe?
- The company number of CodeCanoe is 0674.925.505. The VAT number is the same number with BE in front: BE 0674.925.505.
- Where is CodeCanoe based?
- The registered office is at Rue Houssière 33, 7911 Frasnes-lez-Anvaing.Company details
- What does CodeCanoe do?
- According to the KBO register, the main activity is computer programming (NACE 62100).
- What is the legal form of CodeCanoe?
- CodeCanoe is a private limited company (BV).
- When was CodeCanoe founded?
- CodeCanoe was founded on 28-04-2017.
- Is CodeCanoe still active?
- Yes, CodeCanoe is an active enterprise in the KBO register.
- What is the turnover of CodeCanoe?
- The turnover in financial year 2025 is ≈ €110,000. This figure is estimated from the gross margin of €35,106 and 84 comparable companies (NACE 62). It probably lies between €90,000 and €150,000.Financials
- Is CodeCanoe profitable?
- In financial year 2025, CodeCanoe made a profit of €17,552.
- Where can I find the annual accounts of CodeCanoe?
- CodeCanoe filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CodeCanoe due?
- CodeCanoe must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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