Result
From profit to loss in 2025, after a profit of €34,852 in 2024.
From profit to loss in 2025, after a profit of €34,852 in 2024.
Short-term debts fell from €31,995 to €7,169.
Lower net result than 95% of companies in computer programming and consultancy. Sector median €28,023 · 22,049 companies.
In July 2024, 3,234 companies had the same profile as CodeHex has now. Each dot stands for 9 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
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 3,234 companies, not a prediction for CodeHex. 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.
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 | ||||
|---|---|---|---|---|
| CodeHex Donceel | €11,527 | -€31,684 | 37.8% | - |
| Resqcontrol Westerlo | €11,983 | -€439 | 33.5% | - |
| Argion Oostkamp | €13,498 | -€1,206 | 83.6% | - |
| CLEVERTECH Jette | €9,842 | -€2,242 | 14.3% | - |
| SCHREYEN IT CONSULTING Middelkerke | €13,505 | -€15,250 | -181.6% | - |
| GLORIA OLIVAE ANALYTICS Charleroi | €14,139 | -€6,409 | 22.6% | - |
| Slinya Soumagne | €11,255 | -€390 | -18.3% | - |
These companies have the same main activity as CodeHex: computer programming (NACE 62100). They are comparable in size and age: total assets between €9,840 and €14,100, founded between 2023 and 2024.
The annual accounts of CodeHex for financial year 2025 show a net loss of 286% of total assets and of 88% of the equity at the start of that year. The 2025 annual accounts show equity of €4,358 and a net result of -€32,994.
Its solvency ranks better than 32% of 22,044 sector peers (NACE 62, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them.
Higher than 32% of 22,044 companies in 2025.
Higher than 30% of 21,344 companies in 2025.
Lower than 95% of 21,535 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
11,527 | 69,347 | |
21/28 |
1,529 | 2,593 | |
22/27 |
1,529 | 2,593 | |
24 |
1,529 | 2,593 | |
29/58 |
9,998 | 66,755 | |
40/41 |
495 | - | |
41 |
495 | - | |
54/58 |
7,912 | 62,904 | |
490/1 |
1,592 | 3,850 | |
| Balance sheet: equity and liabilities | |||
10/49 |
11,527 | 69,347 | |
10/15 |
4,358 | 37,352 | |
10/11 |
2,500 | 2,500 | |
13 |
34,852 | 34,852 | |
133 |
34,852 | 34,852 | |
14 |
-32,994 | - | |
17/49 |
7,169 | 31,995 | |
42/48 |
7,169 | 31,995 | |
44 |
257 | 1,815 | |
440/4 |
257 | 1,815 | |
45 |
1,732 | 25,000 | |
450/3 |
552 | 17,680 | |
454/9 |
1,180 | 7,320 | |
47/48 |
5,180 | 5,180 | |
| Income statement | |||
9900 |
-31,684 | 49,293 | |
630 |
1,064 | 600 | |
9901 |
-32,748 | 48,693 | |
65/66B |
114 | 30 | |
65 |
114 | 30 | |
9903 |
-32,862 | 48,663 | |
67/77 |
132 | 13,811 | |
9904 |
-32,994 | 34,852 | |
9905 |
-32,994 | 34,852 | |
| Appropriation of the result | |||
9906 |
-32,994 | 34,852 | |
691/2 |
0 | 34,852 | |
6921 |
0 | 34,852 | |
| 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 2025 at the NBB, filed on 30-06-2026.
| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| -31,684 | 49,293 | ||
| -31,930 | 35,452 | ||
| 0 | 3,193 | ||
| -54,992 | - | ||
| 2,829 | 34,760 | ||
| 37.8% | 53.9% | ||
| 1.39 | 2.09 | ||
| 1.64 | 0.86 | ||
| -757.1% | 93.3% | ||
| -286.2% | 50.3% | ||
| -277.93 | over 100 |
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 | 2025 | 2024 |
|---|---|---|
| Tangible fixed assets | - | €3,193 |
| €1,064 | €600 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €32,748, after a profit of €48,693 in 2024.
Debt's share of the balance-sheet total rises from 46.1% to 62.2%. Equity and debt are lower.
CodeHex has no parent and no holdings in its annual accounts. is the only director. CodeHex shares no director with another company.
Deadline for the 2026 accounts: 31-07-2027
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Rue de l'Eglise 18 registered office 4357 Donceel | 27-09-2023 | 2.350.847.062 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 64046A0461/00N000 | 59 m² | 1 · 72 m² | 10.5 m · 3 |
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