Equity
Equity rose in 2026 from €103,344 to €181,976.
Equity rose in 2026 from €103,344 to €181,976.
Short-term debts fell from €35,788 to €21,796.
Higher solvency than 86% of companies in computer programming and consultancy. Sector median 61.9% · 665 companies.
The dashed line is the sector median: 0.1% across 25,933 companies (NACE 62, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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, 92% on liquidity, 82% on profitability and 86% on growth.
The bankruptcy probability was computed on 10-11-2026 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 31-03-2026.
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).
In July 2024, 39,278 companies had the same profile as CODEDASH has now. Each dot stands for 99 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of CODEDASH itself is lower: < 0.1% within 12 months. It rests on far more data about CODEDASH than the profile alone.
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 CODEDASH. 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.
Liquidity is ample, with a current ratio of 9.28 (3.82 in 2025), above the usual 1.5. Short-term debt is 10.7% and cash 83.8% of total assets. 10.7% of the assets are financed with debt and provisions.
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.
| Company | ||||
|---|---|---|---|---|
| CODEDASH Schaerbeek | €203,771 | €96,671 | 89.3% | - |
| SMEEL IT Schaerbeek | €241,147 | €99,454 | 90.4% | - |
| SafeSys Molenbeek-Saint-Jean | €199,736 | €93,014 | 78.1% | - |
| STITI CONSULTING Uccle | €198,466 | €99,909 | 82.7% | - |
| ABUMA Uccle | €205,164 | €99,837 | 78.2% | - |
| Friendly Consulting Brussels | €202,201 | €105,244 | 96.1% | - |
| KRINGS PROJECT SOLUTIONS Woluwe-Saint-Pierre | €188,478 | €99,743 | 84.1% | - |
These companies have the same main activity as CODEDASH: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €188,000 and €241,000, founded in 2023.
CODEDASH has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €181,976 and a net result of €78,631.
Its solvency ranks better than 87% of 665 sector peers (NACE 62, financial year 2026). The computed 12-month bankruptcy probability is below 0.1% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Higher than 67% of 21,217 companies in 2025.
Higher than 66% of 20,581 companies in 2025.
Higher than 95% of 20,756 companies in 2025.
| Line | Trend | 2026 | 2025 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
203,771 | 139,132 | |
21/28 |
1,494 | 2,332 | |
22/27 |
1,494 | 2,332 | |
24 |
1,494 | 2,332 | |
29/58 |
202,278 | 136,800 | |
40/41 |
29,349 | 19,239 | |
40 |
27,104 | 19,239 | |
41 |
2,245 | - | |
54/58 |
170,808 | 115,092 | |
490/1 |
2,121 | 2,468 | |
| Balance sheet: equity and liabilities | |||
10/49 |
203,771 | 139,132 | |
10/15 |
181,976 | 103,344 | |
10/11 |
3,000 | 3,000 | |
14 |
178,976 | 100,344 | |
17/49 |
21,796 | 35,788 | |
42/48 |
21,796 | 35,788 | |
44 |
145 | 109 | |
440/4 |
145 | 109 | |
45 |
21,651 | 35,679 | |
450/3 |
21,651 | 35,679 | |
| Income statement | |||
70 |
- | 196,543 | |
9900 |
96,671 | 127,975 | |
60/61 |
- | 70,917 | |
630 |
839 | 184 | |
640/8 |
218 | 547 | |
9901 |
95,615 | 127,244 | |
75/76B |
2,952 | 301 | |
75 |
2,952 | 301 | |
65/66B |
104 | 69 | |
65 |
104 | 69 | |
9903 |
98,463 | 127,475 | |
67/77 |
19,832 | 27,131 | |
9904 |
78,631 | 100,344 | |
9905 |
78,631 | 100,344 | |
| Appropriation of the result | |||
9906 |
178,976 | 100,344 | |
14P |
100,344 | - | |
| 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 accounts filed with the NBB.
Source: Annual accounts 2026 at the NBB, filed on 14-09-2026.
| Line | Trend | 2026 | 2025 |
|---|---|---|---|
| 96,454 | 127,428 | ||
| 79,470 | 100,529 | ||
| 0 | 2,517 | ||
| 55,716 | - | ||
| 180,482 | 101,012 | ||
| - | 64.7% | ||
| 89.3% | 74.3% | ||
| 9.28 | 3.82 | ||
| 0.12 | 0.35 | ||
| 43.2% | 97.1% | ||
| 38.6% | 72.1% | ||
| over 100 | over 100 | ||
| - | 36 days | ||
| - | 1 day |
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.
| Item | 31-03-2026 | 31-03-2025 |
|---|---|---|
| Tangible fixed assets | - | €2,517 |
| €839 | €184 |
Source: notes to the 2025 to 2026 annual accounts (statement of fixed assets)
The operating result for 2026 is 25% lower than in 2025.
Debt's share of the balance-sheet total falls from 25.7% to 10.7%. Equity is higher and debt is lower.
CODEDASH has no parent and no holdings in its annual accounts. HANKÓ Lehel-Árpád is the only director. CODEDASH shares no director with another company.
| DIPLOMATICO
registered office since 29-03-2024 · founded in 2024 |
turnover €639,800 (2025) 1007.813.271 |
| MARKUS FORT
registered office since 01-09-2021 · founded in 2021 |
total assets €365,506 (2025) 0772.929.751 |
| DRIES BECKERS
registered office since 21-12-2020 · founded in 2020 |
total assets €196,352 (2025) 0760.365.281 |
| ETLdonkey
registered office since 13-08-2025 · founded in 2025 |
total assets €69,792 (2025) 1026.490.622 |
| Detaeÿe, Michaël (sole trader)
establishment since 03-06-2024 |
founded in 2024 1009.706.850 |
| Do, Nguyen (sole trader)
establishment since 04-01-2018 |
founded in 2018 0688.890.040 |
Deadline for the 2027 accounts: 31-10-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
On 14 September 2023, CODEDASH was incorporated as a private limited company by one natural person, with a starting capital of €3,000.12 In 2025 the registered office moved to Schaerbeek.3 HANKÓ Lehel-Árpád is director of the company, appointed by deed of 18-09-2023.2
| Establishment | Since | Unit number |
|---|---|---|
| Henri Evenepoelstraat 113 registered office 1030 Schaerbeek | 14-09-2023 | 2.349.843.707 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21911C0101/00L002 | 9,436 m² | 1 · 1,460 m² | 16.8 m · 5 |
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