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codeMonkeys

Active
Private limited company (pre-2019)founded 201313 yrs activePieter Breugellaan 37, 3990 Peer, BelgiumKBO/BCE: BE 0521.994.810
Summary

The annual accounts of codeMonkeys for fiscal year 2025 show a net loss of 227% of total assets and of 86% of the equity at the start of that year. The 2025 annual accounts show equity of €1,546 and a net result of -€9,779. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 31% of 17220 sector peers (fiscal year 2025). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability0=
Solvency61▼-39
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
balance sheet total too small for a liquidity verdict.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Age of the figures
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 13 years 0 20 y
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€9,779
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-09-2026, 54 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
54 d late
2024
59 d late
2023
47 d late
2022
24 d late
2021
24 d late
2020
2 d early
2019
35 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 34 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 17 September (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

CodeMonkeys was incorporated on 14 March 2013.1 Total assets fell from EUR 90,779 in 2018 to EUR 4,299 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€1,546▼ 86.4%
2024 · €11,325
Total assets
€4,299▼ 62.0%
2024 · €11,325
Net result
-€9,779▼ 45.7%
2024 · -€6,713
Working capital
€1,299▼ 92.2%
2023 · €16,595
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€23,767▼ 21.1%-€7,306-€3,672▲ 49.7%-€7,057▼ 92.2%-€9,634▼ 36.5%
Net result€19,387within the sector's middle half▼ 21.4%-€6,174below the sector's middle half-€3,235below the sector's middle half▲ 47.6%-€6,713below the sector's middle half▼ 108%-€9,779below the sector's middle half▼ 45.7%
Equity€27,447within the sector's middle half▲ 241%€21,272below the sector's middle half▼ 22.5%€18,038below the sector's middle half▼ 15.2%€11,325below the sector's middle half▼ 37.2%€1,546below the sector's middle half▼ 86.4%
Total assets€42,769below the sector's middle half▼ 13.2%€28,238below the sector's middle half▼ 34.0%€18,282below the sector's middle half▼ 35.3%€11,325below the sector's middle half▼ 38.1%€4,299below the sector's middle half▼ 62.0%
Debt€15,322▼ 62.8%€6,966▼ 54.5%€244▼ 96.5%€2,754
Working capital€26,161within the sector's middle half▲ 225%€20,247within the sector's middle half▼ 22.6%€16,595within the sector's middle half▼ 18.0%€1,299below the sector's middle half
Solvency64.2%within the sector's middle half▲ 47.8pp75.3%within the sector's middle half▲ 11.2pp98.7%above the sector's middle half▲ 23.3pp100.0%above the sector's middle half▲ 1.3pp
Current ratio2.71within the sector's middle half▲ 1.513.91within the sector's middle half▲ 1.2068.89above the sector's middle half▲ 64.99
Return on assets (ROA)45.3%above the sector's middle half▼ 4.7pp-21.9%below the sector's middle half▼ 67.2pp-17.7%below the sector's middle half▲ 4.2pp-59.3%below the sector's middle half▼ 41.6pp
above within below the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€10,000€0€10,000€20,000Operating result 2021: €23,767€23,767Net result 2021: €19,387€19,387Operating result 2022: -€7,306-€7,306Net result 2022: -€6,174-€6,174Operating result 2023: -€3,672-€3,672Net result 2023: -€3,235-€3,235Operating result 2024: -€7,057-€7,057Net result 2024: -€6,713-€6,713Operating result 2025: -€9,634-€9,634Net result 2025: -€9,779-€9,77920212022202320242025-€10,000-€7,500-€5,000-€2,500€0Operating result 2023: -€3,672-€3,670Net result 2023: -€3,235-€3,230Operating result 2024: -€7,057-€7,060Net result 2024: -€6,713-€6,710Operating result 2025: -€9,634-€9,630Net result 2025: -€9,779-€9,780202320242025
The operating result stays negative: a loss of €9,634 in 2025 against €7,057 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4,299
Fixed assets €247 ▼ 70.8%
Current assets €4,052 ▼ 61.3%
Equity and liabilities €4,299
Equity €1,546
Debt €2,754
Debt finances 64.0% of the balance-sheet total.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€9,036▼
2024 · -€6,459
Cash flow
-€9,181▼
2024 · -€6,115
Interest coverage
-62.37▼
2024 · -41.03
Debt ≤ 1 year
€2,754
Ratios withheld: a balance sheet total of €4,299 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 4,805 companies that looked in July 2024 the way this one looks now, 2.0% went bankrupt within 24 months and 88% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
2.0% went bankrupt
9.8% stopped otherwise
88% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 4,805 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 35 lines
Balance sheet Code20242025
Assets
Total assets20/58€11,325€4,299▼
Fixed assets21/28€845€247▼
Tangible fixed assets22/27€845€247▼
Plant, machinery and equipment23€845€247▼
Current assets29/58€10,480€4,052▼
Amounts receivable within one year40/41€10,366€4,038▼
Trade receivables40€3,106€3,106=
Other amounts receivable41€7,260€932▼
Cash at bank and in hand54/58€114€14▼
Equity and liabilities
Total equity and liabilities10/49€11,325€4,299▼
Equity10/15€11,325€1,546▼
Contributions10/11€6,200€6,200=
Reserves13€21,247€21,247=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Distributable reserves133€19,387€19,387=
Profit (loss) carried forward14-€16,122-€25,901▼
Amounts payable17/49-€2,754
Amounts payable within one year42/48-€2,754
Financial debts43-€98
Credit institutions430/8-€98
Other amounts payable47/48-€2,656
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€598€598=
Other operating charges640/8€100-
Gross operating margin9900-€6,359-€9,036▼
Operating profit (loss)9901-€7,057-€9,634▼
Financial income75/76B€502-
Recurring financial income75€502-
Financial charges65/66B€157€145▼
Recurring financial charges65€157€145▼
Profit (loss) for the period before taxes9903-€6,713-€9,779▼
Profit (loss) for the period9904-€6,713-€9,779▼
Profit (loss) for the period to be appropriated9905-€6,713-€9,779▼
Appropriation of the result
Profit (loss) to be appropriated9906-€16,122-€25,901▼
Profit (loss) brought forward from the previous period14P-€9,409-€16,122▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13€260€598€598€598=
Other operating charges640/8€1,286-€500€100--
Gross operating margin9900€25,066-€7,046-€2,574-€6,359-€9,036▼ 42.1%
Operating profit (loss)9901€23,767-€7,306-€3,672-€7,057-€9,634▼ 36.5%
Financial income75/76B€485€1,290€538€502--
Recurring financial income75€485€1,290€538€502--
Financial charges65/66B€124€159€101€157€145▼ 8.0%
Recurring financial charges65€124€159€101€157€145▼ 8.0%
Profit (loss) for the period before taxes9903€24,128-€6,174-€3,235-€6,713-€9,779▼ 45.7%
Income taxes67/77€4,742-----
Profit (loss) for the period9904€19,387-€6,174-€3,235-€6,713-€9,779▼ 45.7%
Profit (loss) for the period to be appropriated9905€19,387-€6,174-€3,235-€6,713-€9,779▼ 45.7%
Line20212022202320242025Change
Assets
Total assets20/58€42,769€28,238€18,282€11,325€4,299▼ 62.0%
Fixed assets21/28€1,286€1,026€1,443€845€247▼ 70.8%
Tangible fixed assets22/27€1,286€1,026€1,443€845€247▼ 70.8%
Plant, machinery and equipment23€1,286€1,026€1,443€845€247▼ 70.8%
Current assets29/58€41,484€27,212€16,839€10,480€4,052▼ 61.3%
Amounts receivable within one year40/41€7,359€25,283€16,839€10,366€4,038▼ 61.0%
Trade receivables40€4,990€4,990€5,698€3,106€3,106=
Other amounts receivable41€2,368€20,293€11,141€7,260€932▼ 87.2%
Cash at bank and in hand54/58€34,125€1,929€0€114€14▼ 87.5%
Equity and liabilities
Total equity and liabilities10/49€42,769€28,238€18,282€11,325€4,299▼ 62.0%
Equity10/15€27,447€21,272€18,038€11,325€1,546▼ 86.4%
Contributions10/11€6,200€6,200€6,200€6,200€6,200=
Reserves13€21,247€21,247€21,247€21,247€21,247=
Non-distributable reserves130/1€1,860€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860€1,860€1,860€1,860=
Distributable reserves133€19,387€19,387€19,387€19,387€19,387=
Profit (loss) carried forward14--€6,174-€9,409-€16,122-€25,901▼ 60.7%
Amounts payable17/49€15,322€6,966€244-€2,754-
Amounts payable within one year42/48€15,322€6,966€244-€2,754-
Financial debts43--€96-€98-
Credit institutions430/8--€96-€98-
Trade debts44€120€2,224€149---
Suppliers440/4€120€2,224€149---
Taxes, remuneration and social security45€15,202€4,742----
Taxes450/3€15,202€4,742----
Other amounts payable47/48----€2,656-
Line20212022202320242025Change
Profit (loss) for the period9904€19,387-€6,174-€3,235-€6,713-€9,779▼ 45.7%
+ Depreciation and write-downs630€13€260€598€598€598=
Operating cash flow (approximation)€19,400-€5,915-€2,636-€6,115-€9,181▼ 50.2%
Investment in fixed assets (approximation)-€0-€1,016€0€0-
Change in cash--€32,196-€1,929€114-€100▼ 188%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
23-09
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 54 days late
2025
31-12
Financial Weakest financial yearnet -€9,779
Net result drops to -€9,779, the lowest in the series.
28-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 59 days late
2024
16-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 47 days late
2023
31-12
Financial Liquidity times 18current ratio 68.89
Current ratio from 3.91 to 68.89; short-term debt falls from €6,966 to €244.
24-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
24-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
2021
31-12
Financial Liquidity doublescurrent ratio 2.71
Current ratio from 1.20 to 2.71; short-term debt falls from €41,216 to €15,322.
29-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
04-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 35 days late
2019
30-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
07-11
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 99 days late
28-09
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 424 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

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.

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Directors · office · real estate

Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Peer · 1 establishment unit since 2013
seat establishment The establishment unit on the map
Ground area
691 m²
Building footprint
214 m²
Volume, LiDAR
1,014 m³
Parcel 72019A0447/00K000, Flanders · tallest building 9.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
CodeMonkeys
Pieter Breugellaan 37, 3990 PeerGrowing of vegetables, melons, roots and tubers
since 20132.217.428.908
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
72019A0447/00K000 Flanders 691 m² 1 · 214 m² 9.2 m · 1 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2022 · 1 entry · 525 EUR awarded · 525 EUR paid
Year Entries awardedpaid
2022 1 525 EUR525 EUR
Schemes
1 entry · 525 EUR · 525 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 16,915 companies in sector 62100 we hold annual accounts for 8,786. 1,304 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded14-03-2013
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
62900Other information technology and computer services
63100Computing infrastructure, data processing, hosting and related activities
63910Web portal activities
68110Buying and selling of own real estate
70200Business and other management consultancy
E-invoicing
Not found in the Peppol register

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Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.