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CodeHex

Active Private limited companyfounded 2023active for 3 yearsRue de l'Eglise 18, 4357 DonceelKBO/BCE: BE 1000.399.996

Overview

Lifetime

2 annual accounts with figures on one time axis
peak €49,293 (2024)
-€31,684▼ €80,977
lowest -€32,994 (2025)
-€32,994▼ €67,847
peak €37,352 (2024)
€4,358▼ 88.3%
€7,169▼ 77.6%
Board1 name since 2023
1 director
Documentsfilings and deeds
30-06-202631 days before the deadline
2025micro format
Gross margin from €49,293 to -€31,684Loss of €32,994Equity from €37,352 to €4,358Debts from €31,995 to €7,169Cash from €62,904 to €7,912

Key points

from the 2025 annual accounts

Result

-€32,994 -€32,994
€34,9002024-€33,0002025

From profit to loss in 2025, after a profit of €34,852 in 2024.

Liquidity

1.39 was 2.09 in 2024

Short-term debts fell from €31,995 to €7,169.

Position in the sector

-€32,994

Lower net result than 95% of companies in computer programming and consultancy. Sector median €28,023 · 22,049 companies.

Turnover not published (micro format)

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 3,234 companies had the same profile as CodeHex has now. Each dot stands for 9 companies, two years later.

87.5%
were still trading
9.0%
stopped another way
3.3%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more

Another 0.2% 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.

The companies in ten equal groups, from the lowest to the highest expected share
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.

Credit verdict

Credit check for an amount and term of your choice

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.

Signals

Board and ownership

Director
  • founderdeed of 29-09-2023
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:1000399996
Incorporation Founding capital of €2,500 · Founder: · Appointment: (director) · published on 29-09-2023 · Gazette deed
First establishment Rue de l'Eglise 18, Donceel
All 5 events

Comparable companies

same main activity, similar in size and age
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.

Official details

Source: KBO
Status
Active since 27-09-2023Normal situation
Activity
Computer programmingNACE 62100and 1 other
Establishment unit
2.350.847.0624357 Donceel, since 27-09-2023
Financial year end
31 December
Peppol
Reachable since 18-09-2025
Company details

Annual accounts 2025

-€31,684
€32,994
€4,358▼ 88.3%
€11,527▼ 83.4%
Filing
Filed on 30-06-2026, 31 days before the end of the filing period
Financials

Insights on CodeHex

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.

Financials

Annual accounts 2025

micro format, filed on 30-06-2026, 31 days before the deadline
-€31,684
▼ €80,977
-€32,748
▼ €81,441
-€32,994
▼ €67,847
€2,829
▼ 91.9%
37.8%
▼ 16.1 percentage points
1.39
▼ 0.69

Turnover and EBIT margin are not published. The micro format does not require them.

Balance sheet

balance sheet total €11,527 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

37.8%

Higher than 32% of 22,044 companies in 2025.

1.39

Higher than 30% of 21,344 companies in 2025.

-286.2%

Lower than 95% of 21,535 companies in 2025.

CodeHex Middle half of the sector 80% of the sector Micro accounts in computer programming and consultancy (NACE 62)

Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024
Balance sheet: assets
20/58 11,52769,347
21/28 1,5292,593
22/27 1,5292,593
24 1,5292,593
29/58 9,99866,755
40/41 495-
41 495-
54/58 7,91262,904
490/1 1,5923,850
Balance sheet: equity and liabilities
10/49 11,52769,347
10/15 4,35837,352
10/11 2,5002,500
13 34,85234,852
133 34,85234,852
14 -32,994-
17/49 7,16931,995
42/48 7,16931,995
44 2571,815
440/4 2571,815
45 1,73225,000
450/3 55217,680
454/9 1,1807,320
47/48 5,1805,180
Income statement
9900 -31,68449,293
630 1,064600
9901 -32,74848,693
65/66B 11430
65 11430
9903 -32,86248,663
67/77 13213,811
9904 -32,99434,852
9905 -32,99434,852
Appropriation of the result
9906 -32,99434,852
691/2 034,852
6921 034,852
Document PDFPDF

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.

Download as CSV

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 30-06-2026 2026-00223229 PDF
31-12-2024 micro format 24-06-2025 2025-00168292 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024
-31,68449,293
-31,93035,452
03,193
-54,992-
2,82934,760
37.8%53.9%
1.392.09
1.640.86
-757.1%93.3%
-286.2%50.3%
-277.93over 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.

Investments

fixed assets acquired
Item20252024
Tangible fixed assets-€3,193
€1,064€600

Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)

Insights on CodeHex

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.

Board & ownership

Board

1 director, since incorporation
Director (not named in the articles)
appointed by deed of 29-09-2023 term without a fixed end
listed in the 2025 annual accounts, filed on 30-06-2026

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today

Director (not named in the articles)
Board
Mandates as a list
    • Director (not named in the articles), appointed by deed of 29-09-2023, still in office

See the board, name and registered office on a given date →

Control

Founder
This company
CodeHex
Equity €4,358
Loss €32,994 in 2025

Capital

Contribution
€2,500
Source
deed of 29-09-2023

Articles of association

deed of 29-09-2023 (in French)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Tuesday of June at 18:00
Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor

Founder

At incorporation deed of 29-09-2023 ↗
  • sole founder · 100% at incorporation

Network & group

No group

CodeHex has no parent and no holdings in its annual accounts. is the only director. CodeHex shares no director with another company.

Timeline

Timeline

5 events since 2023

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 31 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:1000399996
Annual accounts 2024 filed PDFmicro format · 37 days before the deadline
2023
IncorporationFounding capital of €2,500 · Founder: · Appointment: (director) · published on 29-09-20234 points ▸
  • Founder,
  • Founding capital, €2,500
  • Registered office clause, 18, 4357 Donceel rue de l’Eglise
  • Director appointment, (director (not named in the articles))
  • The deed holds 3 more points.

Open the deed in the Belgian Official Gazette

First establishment Rue de l'Eglise 18, Donceel

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 27 September 2023, CodeHex was incorporated as a private limited company by one natural person, with a starting capital of €2,500.12 is director of the company, appointed by deed of 29-09-2023.2 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 29-09-2023
  3. 3National Bank, annual accounts 2025

Company details

Identity

Enterprise number
1000.399.996
VAT number
BE 1000.399.996
Peppol ID
0208:1000399996
Other Peppol ID
9925:BE1000399996
Legal form
Private limited company
Status
Active, normal situation
Founded
27-09-2023
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Tuesday of June at 18:00
deed of 29-09-2023 (in French)
Peppol
Reachable since 18-09-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
CodeHex in French
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 29-09-2023 (in French)

Activities

NACEBEL 2025
62100 Computer programming main activity
Codes under NACEBEL 2008
62010 Computer programming, consultancy and related activities main activity
62020 IT consultancy
PurposeThe purpose describes the activities the company may carry out under its articles.
“Développement de projets informatiques,à caractère innovant; Fourniture de service s’y rapportant; Vente de matériel et de logiciels…”
7 activities
  1. Développement de projets informatiques,à caractère innovant
  2. Fourniture de service s’y rapportant
  3. Vente de matériel et de logiciels informatiques
  4. Fourniture de prestations de consultance en organisation,expertise technologique et gestion
  5. Participation à des programmes de recherche régionaux,belges et internationaux
  6. Création et développement d’applications multimédias
  7. Communication interactive
deed of 29-09-2023 (in French)

Registered office and establishments

1 establishment
Establishment Since Unit number
Rue de l'Eglise 18 registered office 4357 Donceel 27-09-2023 2.350.847.062

Buildings and parcels at the address

Ground area
59 m²
Buildings
72 m²
Volume, LiDAR
670 m³
Tallest building
10.5 m
Buildings to scale, each on its own parcel
72 m², 10.5 m 72 m², 10.5 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
64046A0461/00N00059 m² 1 · 72 m² 10.5 m · 3