Skip to content

CodeHex

Active
Private limited companyfounded 20233 yrs activeRue de l'Eglise 18, 4357 Donceel, BelgiumKBO/BCE: BE 1000.399.996
Summary

CodeHex has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €37,352 and a net result of €34,852. Its solvency ranks better than 41% of 20783 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2024
Axes
Profitability100
Solvency79
Growth-
Track record79
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days acceptable
Liquidity ample (current ratio 2.09; short-term debt: 46.1% and cash: 90.7% of total assets), and 46.1% of the assets are financed with debt.
Credit check for your own amount and term

Open the credit simulator : see how the verdict changes with amount, term and advance.

Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-06-2025, 37 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2024
37 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 37 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 27 September 2023, CodeHex was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2024, micro schema

Equity
€37,352
Total assets
€69,347
Net result
€34,852
Working capital
€34,760

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €69,347
Fixed assets €2,593
Current assets €66,755
Equity and liabilities €69,347
Equity €37,352
Debt €31,995
Debt finances 46.1% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€49,293
Cash flow
€35,452
Current ratio
2.09
Debt to equity
0.86
ROE
93.3%
ROA
50.3%
Interest coverage
1669.24
Debt ≤ 1 year
€31,995
Income taxes
€13,811

Peer companies

Historical observation

Of the 39,275 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,275 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 32 lines
Balance sheet Code2024
Assets
Total assets20/58€69,347
Fixed assets21/28€2,593
Tangible fixed assets22/27€2,593
Furniture and vehicles24€2,593
Current assets29/58€66,755
Cash at bank and in hand54/58€62,904
Deferred charges and accrued income490/1€3,850
Equity and liabilities
Total equity and liabilities10/49€69,347
Equity10/15€37,352
Contributions10/11€2,500
Reserves13€34,852
Distributable reserves133€34,852
Amounts payable17/49€31,995
Amounts payable within one year42/48€31,995
Trade debts44€1,815
Suppliers440/4€1,815
Taxes, remuneration and social security45€25,000
Taxes450/3€17,680
Remuneration and social security454/9€7,320
Other amounts payable47/48€5,180
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€600
Gross operating margin9900€49,293
Operating profit (loss)9901€48,693
Financial charges65/66B€30
Recurring financial charges65€30
Profit (loss) for the period before taxes9903€48,663
Income taxes67/77€13,811
Profit (loss) for the period9904€34,852
Profit (loss) for the period to be appropriated9905€34,852
Appropriation of the result
Profit (loss) to be appropriated9906€34,852
Transfer to equity691/2€34,852
To other reserves6921€34,852

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€600
Gross operating margin9900€49,293
Operating profit (loss)9901€48,693
Financial charges65/66B€30
Recurring financial charges65€30
Profit (loss) for the period before taxes9903€48,663
Income taxes67/77€13,811
Profit (loss) for the period9904€34,852
Profit (loss) for the period to be appropriated9905€34,852
Line2024
Assets
Total assets20/58€69,347
Fixed assets21/28€2,593
Tangible fixed assets22/27€2,593
Furniture and vehicles24€2,593
Current assets29/58€66,755
Cash at bank and in hand54/58€62,904
Deferred charges and accrued income490/1€3,850
Equity and liabilities
Total equity and liabilities10/49€69,347
Equity10/15€37,352
Contributions10/11€2,500
Reserves13€34,852
Distributable reserves133€34,852
Amounts payable17/49€31,995
Amounts payable within one year42/48€31,995
Trade debts44€1,815
Suppliers440/4€1,815
Taxes, remuneration and social security45€25,000
Taxes450/3€17,680
Remuneration and social security454/9€7,320
Other amounts payable47/48€5,180
Line2024
Profit (loss) for the period9904€34,852
+ Depreciation and write-downs630€600
Operating cash flow (approximation)€35,452

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2025
24-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Donceel · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
59 m²
Building footprint
72 m²
Volume, LiDAR
670 m³
Parcel 64046A0461/00N000, Wallonia · tallest building 10.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
CodeHex
Rue de l'Eglise 18, 4357 DonceelComputer programming, consultancy and related activities
since 20232.350.847.062
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
64046A0461/00N000 Wallonia 59 m² 1 · 72 m² 10.5 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 16,910 companies in sector 62100 we hold annual accounts for 8,778. 6,597 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded27-09-2023
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
62200Computer consultancy and computer facilities management
E-invoicing
Reachable via Peppol
Peppol ID 0208:1000399996
Also 9925:BE1000399996
Registered 18-09-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.