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Complete company report
Generated 03-09-2026
Active BE 0892.646.458Private limited company

Codeminded

Nopstal 52 ·3202 Aarschot, Belgium· 18 yrs active
Sector: Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten (62200)
Conclusion Checked

Codeminded has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €409k and a net result of €48k. The computed 12-month bankruptcy probability is 0.2% (very low).

Based on the State Gazette, CBE and 2 annual accounts.
Key figures
Equity €409k
Net result €48k
Active 18 yrs
Locations 1
Financial profile 5 of 5 axes measured · computed by Checked
Health100Profitability59Solvency100Growth78Stability100
87 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 100
Profitability 59
Solvency 100
Growth 78
Stability 100
Bankruptcy probability (12 mo) Checked model v1 · free
0.2% Very low
0%0,5%1,5%4%10%≥25%
Lower-failure-rate sector −Long track record −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 2 signals
Established
Founded in 2007, 18 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer FY 2025 · computed
100 / 100 Excellent
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview18 NBB filings
Annual accounts filed on 24-04-2026 with the NBB · fiscal year 2025 · abbreviated schema
€0€20k€40k€60kOperating result 2024: €64k€64kNet result 2024: €46k€46kOperating result 2025: €66k€66kNet result 2025: €48k€48k20242025
Operating resultNet result
EBITDA
€94k
+5.0% 24-25
Net profit
€48k
+4.8% 24-25
Cash flow
€76k
+5.8% 24-25
Total assets
€437k
+5.2% 24-25
Equity
€409k
+6.2% 24-25
Working capital
€305k
+10.6% 24-25
Employees (FTE)
0
- 24-25
Income taxes
€19k
+1.2% 24-25
Dividends
€24k
+18.8% 24-25
Debt
€29k
-7.2% 24-25
Debt ≤ 1y
€29k
-5.1% 24-25
Current ratio
11.54
+14.9% 24-25
Quick ratio
11.54
+14.9% 24-25
Solvency
93.4%
+1.0% 24-25
Debt / equity
0.07
-12.6% 24-25
ROE
11.8%
-1.3% 24-25
ROA
11.0%
-0.3% 24-25
Interest coverage
478.23
-31.3% 24-25
Figures by fiscal year and ratios
Fiscal year2025
Depositabbreviated schema
Revenue-
EBITDA€94k
Net profit€48k
Cash flow€76k
Staff costs-
Income taxes€19k
Dividends€24k
Total assets€437k
Equity€409k
Debt€29k
of which ≤ 1y€29k
of which > 1y-
Working capital€305k
Employees (FTE)-
Ratios (computed)
2025
Current ratio11.54
Quick ratio11.54
Working capital ratio69.6%
Solvency93.4%
Debt / equity0.07
Long-term debt ratio-
Interest coverage478.23
Gross margin-
Net margin-
ROA11.0%
ROE11.8%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2025
Full annual accounts (23 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€437k
Fixed assets 21/28€104k
Tangible fixed assets 22/27€104k
Current assets 29/58€333k
Amounts receivable within one year 40/41€15k
Investments 50/53€159k
Cash & bank 54/58€157k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€437k
Equity 10/15€409k
Contributions / capital 10/11€19k
Reserves 13€390k
Accumulated profits (losses) 14€61
Amounts payable 17/49€29k
Amounts payable within one year 42/48€29k
Trade debts payable within one year 44€4k
Income statement
Gross operating margin 9900€97k
Operating result 9901€66k
Financial income 75€704
Financial charges 65€196
Result before taxes 9903€67k
Income taxes 67/77€19k
Net result for the period 9904€48k
Result to be appropriated 9905€48k
This table shows the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten(62200)
Legal form Private limited company(610)
Incorporation09-10-2007
StatusActive
Postal code3202
Establishment units 1 location
Codeminded
Nopstal 52, 3202 Aarschotde kleinhandel in computers en standaardprogrammatuur
since 20072.165.659.018
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24092D0079/00B000 Flanders 1,185 m² 1 · 151 m² 7.5 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026
24-04-2026 NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-04-2025 NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
23-05-2024 NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
20-06-2023 NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
21-06-2022 State Gazette act Director changes
Erika ISENBORGHS
17-06-2022 NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
25-06-2021 NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
23-06-2020 NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
28-06-2019 NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-07-2018 NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-08-2017 NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Belgian State Gazette reading coverage 0 of 3 acts read

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 1 acts
All acts · 1 updated 4 years ago
2022
21-06-2022 Change in the board of directors Director changes·Erika ISENBORGHS
Notary: Erika ISENBORGHS · Heist-op-den-Berg
Technical details 
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  "events": [],
  "notary": {
    "name": "Erika ISENBORGHS",
    "firm_city": null,
    "firm_name": null,
    "office_city": "Heist-op-den-Berg",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2022-06-21",
    "filing_date": "2022-06-17",
    "act_kind_objet": "WIJZIGING RECHTSVORM, ONTSLAGEN, BENOEMINGEN"
  },
  "decisions": [
    {
      "body": "algemene_vergadering",
      "date": "2022-06-10",
      "unanimous": true
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0892.646.458",
    "name_full": "Codeminded",
    "legal_form": "BV"
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Erika ISENBORGHS",
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [
    "uitgifte van akte",
    "geco\u00F6rdineerde statuten"
  ],
  "corrected_publication_numac": null
}
Credit advice verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
Company registry (CBE) Crossroads Bank
Activities
Computerconsultancy-activiteiten62020Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten62200Computeradviesbureaus72100
Primary activity highlighted.
Names & trade names
Legal nameNL Codeminded
Registered office
Nopstal 52
3202 Aarschot, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative