Skip to content

CODEMASH

Active Private limited companyfounded 2015active for 11 yearsHofland 21, 9270 LaarneKBO/BCE: BE 0635.611.009
CODEMASH
Financial year 2025
Follow ReportCompare

Annual accounts 2025

micro format, filed on 01-04-2026, 121 days before the deadline
€79,138
▼ 16.4%
€76,354
▼ 12.1%
€64,461
▼ 9.2%
€14,473
▼ 88.7%
17.2%
▼ 62.7 percentage points
1.16
▼ 3.66

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 ≈ €240,000. Estimated: probably between €160,000 and €410,000.

Balance sheet

balance sheet total €108,202 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

17.2%

Higher than 22% of 2,301 companies in 2025.

1.16

Higher than 28% of 2,198 companies in 2025.

59.6%

Higher than 92% of 2,232 companies in 2025.

CODEMASH Middle half of the sector 80% of the sector Micro accounts in computing infrastructure and information services (NACE 63)

Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019201820172016
Balance sheet: assets
20/58 108,202167,724190,543214,649209,788208,935146,70298,27273,23486,244
20 -------0--
21/28 4,1275,5456,14117,01224,48836,4844,3608,4449,67413,086
21 -------0--
22/27 4,1275,5456,14117,01224,48836,4844,3608,4449,67413,086
22 -------0--
23 02321,2862,34107051,4107481,495-
24 -04,85514,67124,48835,7792,9507,6978,17913,086
26 4,1275,313-----0--
27 -------0--
28 -------0--
29/58 104,075162,179184,402197,638185,300172,451142,34289,82863,56073,157
29 -------0--
290 -------0--
291 -------0--
3 -------0--
30/36 -------0--
37 -------0--
40/41 33,12431,78734,36435,37314,16616,29425,74907,022545
40 33,12431,78734,36434,30413,09614,06025,7490-545
41 --01,0701,0702,234-07,022-
50/53 063,91595,41755,00055,000--0--
54/58 69,47265,87144,19396,827115,664155,512116,46989,70456,53872,613
490/1 1,47960610,42710,437470645124124--
Balance sheet: equity and liabilities
10/49 108,202167,724190,543214,649209,788208,935146,70298,27273,23486,244
10/15 18,600134,05391,169110,009128,009115,609115,60975,91047,76526,425
10/11 18,60018,60018,60018,60018,6006,2006,2006,2006,2006,200
100 ------18,60018,60018,60018,600
101 ------12,40012,40012,40012,400
11 -------0--
1100/10 -------0--
12 -------0--
13 0115,45372,56989,409109,409109,409109,40969,48641,34020,000
130/1 --01,8601,8601,860-0--
130 ------1,8601,8601,8601,811
1311 --01,8601,8601,860----
1312 -------0--
1319 -------0--
132 -------0--
133 0115,45372,56987,549107,549107,549107,54967,62639,48018,189
14 0002,0000-0225225225
15 -------0--
19 -------0--
16 -------0--
160/5 -------0--
160 -------0--
161 -------0--
162 -------0--
163 -------0--
164/5 -------0--
168 -------0--
17/49 89,60233,67199,374104,64081,77993,32631,09322,36225,47059,819
17 --04,17311,25518,24702,0746,15810,157
170/4 --04,17311,25518,24702,0746,15810,157
175 -------0--
176 -------0--
178/9 -------0--
42/48 89,60233,67198,987100,12070,52475,07931,09319,33818,40149,662
42 -04,1737,0826,9928,4052,0744,0843,9993,916
43 -------0--
430/8 -------0--
439 -------0--
44 903311991,7743121,6283088538661,213
440/4 903311991,7743121,6283088538661,213
441 -------0--
46 -------0--
45 13,91919,16617,56121,12513,51610,1359,75511,20012,31226,375
450/3 13,91919,16617,56121,12513,51610,1359,75511,20012,31226,375
454/9 -------0--
47/48 75,59214,17477,05370,13949,70454,91118,9553,2021,22418,159
492/3 -0387348--0949911-
Income statement
76A -------0--
9900 79,13894,683101,76976,44351,11461,70263,72649,23239,76968,013
62 -------0--
630 1,4186,52510,87110,63811,9967,1426,1997,1305,6557,448
631/4 -------0--
635/8 -------0--
640/8 1,3661,3271,6731,2961,4982,1001,0501,2439781,051
649 -------0--
66A -------0--
9901 76,35486,83089,22564,50937,62052,46056,47640,85933,13659,514
75/76B 3,7483,4832,370----010
75 3,7483,4832,370----010
76B -------0--
65/66B 39478821373470299246274394396
65 39478821373470299246274394396
66B -------0--
9903 79,70890,23590,77564,13637,15052,16156,23140,58532,74359,118
67/77 15,24719,20519,40814,6978,93010,76615,71211,63111,40322,893
9904 64,46171,03071,36749,43928,21941,39440,51928,95421,34036,225
789 -------0--
689 -------0--
9905 64,46171,03071,36749,43928,21941,39440,51928,95421,34036,225
Appropriation of the result
9906 64,46171,03073,36749,43928,21941,39440,74329,17921,56536,225
14P -02,000-------
791/2 115,45328,14621,34020,000---0--
691/2 071,0304,500--039,92328,14621,34020,000
691 -------0--
6920 -------0491,811
6921 071,0304,500--039,92328,14621,29118,189
694/7 179,91428,14690,20767,43928,21941,394820808-16,000
694 179,91428,14690,20767,43928,21941,394820808-16,000
695 -------0--
696 -------0--
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

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 filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 01-04-2026.

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 01-04-2026 2026-00071756 PDF
31-12-2024 micro format 13-06-2025 2025-00142680 PDF
31-12-2023 micro format 26-06-2024 2024-00172980 PDF
31-12-2022 micro format 20-06-2023 2023-00144847 PDF
31-12-2021 micro format 19-04-2022 2022-20005226 PDF
31-12-2020 micro format 21-06-2021 2021-22400582 PDF
31-12-2019 micro format 03-08-2020 2020-38700277 PDF
31-12-2018 micro format 17-06-2019 2019-20500360 PDF
31-12-2017 micro format 18-06-2018 2018-20500368 PDF
31-12-2016 abbreviated format 29-05-2017 2017-13500356 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019201820172016
77,77293,356100,09675,14749,61659,60162,67647,98938,79166,962
65,87977,55682,23760,07740,21648,53646,71836,08426,99543,673
05,93003,162039,2662,1155,9002,24320,534
3,60121,678-52,633-18,837-39,84839,04326,76533,166-16,075-
14,473128,50885,41597,518114,77697,372111,24970,48945,15823,495
17.2%79.9%47.8%51.3%61.0%55.3%78.8%77.2%65.2%30.6%
1.164.821.861.972.632.304.584.653.451.47
4.820.251.090.950.640.810.270.290.532.26
346.6%53.0%78.3%44.9%22.0%35.8%35.0%38.1%44.7%137.1%
59.6%42.3%37.5%23.0%13.5%19.8%27.6%29.5%29.1%42.0%
over 100over 100over 100over 100over 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
Item20252024202320222021
Tangible fixed assets-€5,930-€3,162-
€1,418€6,525€10,871€10,638€11,996

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on CODEMASH

The operating result for 2025 is 12% lower than in 2024 and the lowest since 2022. It is the second fall in a row.

Debt's share of the balance-sheet total rises from 20.1% to 82.8%. Equity is lower and debt is higher.

Next steps

Work out how much credit to give this customer and on what payment terms.Credit check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed

We would like to set cookies. That happens only with your consent. What we measure