Equity
-€86,256
Debts exceed assets in financial year 2025.
CODELY
Overview
Lifetime
4 annual accounts with figures on one time axispeak €13,741 (2023)
€2,484▼ 28.6%
lowest -€50,520 (2025)
-€50,520▼ €971
peak €13,813 (2023)
-€86,256▼ €50,520
€107,281▲ 91.0%
Board1 name since 2022
1 director
Documentsfilings and deeds
18-08-202618 days late
2025micro format
Gross margin from €3,481 to €2,484Loss of €50,520Equity from -€35,736 to -€86,256Debts from €56,168 to €107,281Cash from €5,916 to €7,900
Key points
from the 2025 annual accountsLosses
-€100,069 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
Turnover
≈ €13,000 estimated
The micro format states no turnover.
Debts
€107,281 510% of the balance sheet
Suppliers 3%Taxes and wages 7%Other 90%
Filings
4 annual accounts 2 late
The 2025 accounts came latest: 18 days after the end of the period.
Position in the sector
-410.2%
Lower solvency than 95% of companies in computer programming and consultancy. Sector median 60.0% · 22,039 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 7,637 companies had the same profile as CODELY has now. Each dot stands for 20 companies, two years later.
84.7%
were still trading
5.6%
stopped another way
8.9%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 7,637 companies, not a prediction for CODELY. 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
Recent changes
Registered office moved from Charleroi to Bouffioulx
New registered office: Sentier de l'Eglise 63, 6200 Bouffioulx (Châtelet) · Previous registered office: Rue Auguste Portier 11, 6001 Charleroi · General meeting of 01-06-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0781787237
Incorporation
Founding capital of €2,500, 100 shares · Founder: · Appointment: (director) · published on 11-02-2022 · Gazette deed
First establishment
Sentier de l'Eglise 63, Châtelet
Comparable companies
same main activity, similar in size and ageThese companies have the same main activity as CODELY: computer programming (NACE 62100). They are comparable in size and age: total assets between €20,400 and €29,400, founded between 2020 and 2023.
Official details
Source: KBO- Status
- Active since 09-02-2022Normal situation
- Activity
- Computer programmingNACE 62100and 4 others
- Establishment unit
- 2.327.568.6466200 Châtelet, since 09-02-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 28-03-2025
Annual accounts 2025
- €2,484▼ 28.6%
- €50,520▲ 2.0%
- -€86,256▼ 141%
- €21,026▲ 2.9%
- Filing
- Filed on 18-08-2026
Insights on CODELY
CODELY files the micro format. That format states no turnover. The gross margin fell from €8,753 in 2022 to €2,484 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 18-08-2026, 18 days late€2,484
▼ 28.6%
€539
▲ 226%
-€50,520
▼ €971
-€89,609
▼ €48,712
-410.2%
▼ 235.3 percentage points
0.16
▼ 0.11
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €13,000. Estimated: probably between €7,200 and €26,000.
Balance sheet
balance sheet total €21,026 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
-410.2%
Lower than 95% of 22,039 companies in 2025.
0.16
Lower than 95% of 21,339 companies in 2025.
-240.3%
Lower than 95% of 21,530 companies in 2025.
CODELY
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 | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
21,026 | 20,432 | 26,892 | 23,476 | |
20 |
- | - | - | 133 | |
21/28 |
3,353 | 5,161 | 8,344 | 3,261 | |
22/27 |
3,306 | 5,114 | 8,297 | 3,214 | |
24 |
3,306 | 5,114 | 8,297 | 3,214 | |
28 |
47 | 47 | 47 | 47 | |
29/58 |
17,673 | 15,271 | 18,548 | 20,083 | |
40/41 |
9,601 | 8,869 | 7,744 | 5,445 | |
40 |
9,601 | 8,869 | 7,744 | 5,445 | |
54/58 |
7,900 | 5,916 | 10,674 | 14,638 | |
490/1 |
172 | 486 | 130 | - | |
| Balance sheet: equity and liabilities | |||||
10/49 |
21,026 | 20,432 | 26,892 | 23,476 | |
10/15 |
-86,256 | -35,736 | 13,813 | 6,534 | |
10/11 |
2,500 | 2,500 | 2,500 | 2,500 | |
13 |
11,313 | 11,313 | 11,313 | 4,034 | |
130/1 |
250 | 250 | 250 | - | |
1311 |
250 | 250 | 250 | - | |
133 |
11,063 | 11,063 | 11,063 | 4,034 | |
14 |
-100,069 | -49,549 | - | - | |
17/49 |
107,281 | 56,168 | 13,079 | 16,942 | |
42/48 |
107,281 | 56,168 | 13,079 | 16,942 | |
44 |
2,994 | 261 | 1,406 | 1,291 | |
440/4 |
2,994 | 261 | 1,406 | 1,291 | |
45 |
7,884 | 6,468 | 6,303 | 6,752 | |
450/3 |
3,926 | 3,900 | 6,303 | 4,236 | |
454/9 |
3,958 | 2,568 | - | 2,516 | |
47/48 |
96,403 | 49,439 | 5,369 | 8,899 | |
| Income statement | |||||
9900 |
2,484 | 3,481 | 13,741 | 8,753 | |
630 |
1,808 | 3,182 | 3,315 | 2,553 | |
640/8 |
137 | 133 | 191 | 545 | |
9901 |
539 | 165 | 10,234 | 5,656 | |
65/66B |
51,059 | 49,714 | 92 | 4 | |
65 |
51,059 | 49,714 | 92 | 4 | |
9903 |
-50,520 | -49,549 | 10,142 | 5,651 | |
67/77 |
- | - | 2,863 | 1,617 | |
9904 |
-50,520 | -49,549 | 7,279 | 4,034 | |
9905 |
-50,520 | -49,549 | 7,279 | 4,034 | |
| Appropriation of the result | |||||
9906 |
-100,069 | -49,549 | 7,279 | 4,034 | |
14P |
-49,549 | - | - | - | |
691/2 |
- | - | 7,279 | 4,034 | |
6920 |
- | - | 250 | - | |
6921 |
- | - | 7,029 | 4,034 | |
| 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 18-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 18 days after the deadline. Filed on 18 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00408773.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| 2,347 | 3,348 | 13,550 | 8,208 | ||
| -48,712 | -46,367 | 10,595 | 6,587 | ||
| 0 | 0 | 8,265 | 4,635 | ||
| 1,984 | -4,759 | -3,963 | - | ||
| -89,609 | -40,897 | 5,470 | 3,140 | ||
| -410.2% | -174.9% | 51.4% | 27.8% | ||
| 0.16 | 0.27 | 1.42 | 1.19 | ||
| - | - | 0.95 | 2.59 | ||
| - | - | 52.7% | 61.7% | ||
| -240.3% | -242.5% | 27.1% | 17.2% | ||
| 0.05 | 0.07 | over 100 | over 100 |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
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| Item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Tangible fixed assets | - | - | €8,265 | €4,588 |
| Financial fixed assets | - | - | - | €47 |
| €1,808 | €3,182 | €3,315 | €2,553 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on CODELY
The operating result for 2025 is nearly 3.3 times that of 2024. It is a recovery after the fall in 2024.
Equity is negative. Debt (€107,281) exceeds the balance-sheet total (€21,026).
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
since 09-02-2022
term without a fixed end
listed in the 2025 annual accounts, filed on 18-08-2026
Mandates through the years
1 name, the dashed line is todayDirector (not named in the articles)
Board
Mandates as a list
-
- Director (not named in the articles), from 09-02-2022 to date
Control
Founder
This company
CODELY
Equity -€86,256
Loss €50,520 in 2025
Capital
- Contribution
- €2,500
- Shares
- 100
- Contribution per share
- €25
- Equity per share
- -€863 in 2025
- Source
- deed of 11-02-2022
Articles of association
deed of 11-02-2022 (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.
- Second Thursday of June at 10:00
- 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
Shareholders
At incorporation
deed of 11-02-2022 ↗
- 100 shares (100%) · €2,500
Network & group
No group
CODELY has no parent and no holdings in its annual accounts. is the only director. CODELY shares no director with another company.
Timeline
Timeline
10 events since 2022Filings
Financial
Establishments
Address
20222023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 18 days late
Registered office moved from Charleroi to BouffioulxNew registered office: Sentier de l'Eglise 63, 6200 Bouffioulx (Châtelet) · Previous registered office: Rue Auguste Portier 11, 6001 Charleroi · General meeting of 01-06-20262 points ▸
- General meeting, 01-06-2026
- Registered-office move, Sentier de l'Eglise 63, 6200 Bouffioulx (Châtelet)
2025
Weakest financial year net -€50,520 The net result drops to -€50,520, the lowest from 2022 to 2025.
Annual accounts 2024 filed PDFmicro format · 4 days late
Registered in the Peppol Directory Reachable for e-invoices through 0208:0781787237
2024
Annual accounts 2023 filed PDFmicro format · 37 days before the deadline
2023
Highest result from 2022 to 2025 net €7,279 ▲80.5% The operating result of €10,234 and the net result of €7,279 are both a record.
Annual accounts 2022 filed PDFmicro format · on the deadline day
2022
IncorporationFounding capital of €2,500, 100 shares · Founder: · Appointment: (director) · published on 11-02-20226 points ▸
- Founder,
- Founding capital, €2,500, 100 shares
- 100 shares
- Registered office clause, rue Auguste Portier 11, 6001 Marcinelle
- Board rule, 2
- Director appointment, (director (not named in the articles))
- The deed holds 12 more points.
First establishment Sentier de l'Eglise 63, Châtelet
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0781.787.237
- VAT number
- BE 0781.787.237
- Peppol ID
- 0208:0781787237
- Other Peppol ID
- 9925:BE0781787237
- LEI code
- 254900J0XPA2DAR5FP33 no longer live in the LEI register
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 09-02-2022
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Second Thursday of June at 10:00deed of 11-02-2022 (in French)
- Peppol
- Reachable since 28-03-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- CODELY in French
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 11-02-2022 (in French)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Région Wallonne”deed of 11-02-2022 (in French)
Activities
NACEBEL 202562100
Computer programming main activity
63910
Web portal activities
Codes under NACEBEL 2008
62010
Computer programming, consultancy and related activities main activity
58290
Publishing activities
62020
IT consultancy
62030
Computer programming, consultancy and related activities
63110
Computing infrastructure, data processing, hosting and other information service activities
63120
Computing infrastructure, data processing, hosting and other information service activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Rédaction de code source permettant d'implémenter les différentes fonctionnalités; Analyse des besoins/demandes du client & réflexion sur le…”deed of 11-02-2022 (in French)
7 activities
- Rédaction de code source permettant d'implémenter les différentes fonctionnalités
- Analyse des besoins/demandes du client & réflexion sur le développement de fonctionnalités visant à répondre à ceuxci
- Pour chaque fonctionnalité à implémenter,définition des différentes étapes clés et évaluation de la difficulté de réalisation
- Présentation/explication des fonctionnalités développées et de leur fonctionnement au sein de l'application
- Occasionnellement : rédaction de contenu visant à la bonne compréhension de l'application par l'utilisateur (tutoriels,notes de mises à jour,...)
- Soumission d'idées originales permettant d'améliorer la solution développé
- Développement mobile
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Sentier de l'Eglise 63 registered office 6200 Châtelet | 09-02-2022 | 2.327.568.646 |
1 former office
- Rue Auguste Portier 11, 6001 Charleroi until 16-04-2026 · deed of 16-06-2026
Buildings and parcels at the address
- Ground area
- 1,100 m²
- Buildings
- 74 m²
- Volume, LiDAR
- 656 m³
- Tallest building
- 10.1 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 52007B0285/00R000 | 1,100 m² | 1 · 74 m² | 10.1 m · 3 |
Contact
E-mail
font.bastien@gmail.com
Phone
+32 493 54 77 81