Starting capital
€6,000 100 shares
Codenys
Overview
Lifetime
1 annual account with figurespeak €91,578 (2025)
€91,578
peak €14,644 (2025)
€14,644
peak €20,644 (2025)
€20,644
€6,239
Board1 name since 2025
1 director
Documentsfilings and deeds
06-11-202698 days late
2025abbreviated format
Financial year from 17-02-2025 to 31-12-2025, 10 monthsIncorporation 19-021 establishment registeredFirst year with figures
Key points
from the 2025 annual accountsPosition in the sector
76.8%
Higher solvency than 81% of companies in computer programming and consultancy. Sector median 42.1% · 3,545 companies.
2025 accounts filed 98 days after the deadline
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 11,278 companies had the same profile as Codenys has now. Each dot stands for 29 companies, two years later.
96.6%
were still trading
2.6%
stopped another way
0.7%
went bankrupt
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 11,278 companies, not a prediction for Codenys. 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
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1020046060
Incorporation
Founding capital of €6,000, 100 shares · Founder: · Appointment: (director) · published on 19-02-2025 · Gazette deed
First establishment
Boeversstraat 49, Waregem
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Codenys Waregem | €26,884 | €19,575 | 76.8% | - |
| Lusana Merelbeke-Melle | €26,672 | €21,835 | 69.4% | - |
| Vanhoutte Joost Genk | €26,046 | €18,357 | 61.3% | - |
| PLANET 9 Tongeren-Borgloon | €27,367 | €20,958 | 47.8% | - |
| HanVin Consulting Kraainem | €26,879 | €20,414 | 66.1% | - |
| Prismetix Awans | €23,524 | €20,310 | 66.3% | - |
| Burtenshaw Software Wommelgem | €29,996 | €21,419 | 53.6% | - |
These companies have the same main activity as Codenys: computer programming (NACE 62100). They are comparable in size and age: total assets between €23,500 and €30,000, founded between 2024 and 2025.
Official details
Source: KBO- Status
- Active since 17-02-2025Normal situation
- Activity
- Computer programmingNACE 62100
- Establishment unit
- 2.371.136.0968790 Waregem, since 17-02-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 31-10-2025
Annual accounts 2025
- €91,578
- €14,644
- €20,644
- €26,884
- ≈ 0 FTEestimated
- Filing
- Filed on 06-11-2026
Insights on Codenys
Codenys has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €20,644 and a net result of €14,644.
Its solvency ranks better than 82% of 3,545 sector peers (NACE 62, financial year 2025).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
financial year from 17-02-2025 to 31-12-2025, 10 months, abbreviated format, filed on 06-11-2026, 98 days late€91,578
€16,777
€17,484
€15,352
76.8%
3.80
Money flows
of every €100 of turnover, €15.99 remains as profit in 2025Balance sheet
balance sheet total €26,884 on 31-12-2025What the company ownsHow it is paid for
Position in the sector
76.8%
Higher than 82% of 3,545 companies in 2025.
3.80
Higher than 79% of 3,450 companies in 2025.
54.5%
Higher than 95% of 3,487 companies in 2025.
Codenys
Middle half of the sector
80% of the sector
Abbreviated accounts in computer programming and consultancy (NACE 62)
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 202510 months |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
26,884 | |
21/28 |
3,175 | |
22/27 |
3,175 | |
24 |
3,175 | |
29/58 |
23,708 | |
40/41 |
16,903 | |
40 |
16,903 | |
50/53 |
4,000 | |
54/58 |
2,805 | |
| Balance sheet: equity and liabilities | ||
10/49 |
26,884 | |
10/15 |
20,644 | |
10/11 |
6,000 | |
11 |
6,000 | |
1109/19 |
6,000 | |
13 |
14,644 | |
130/1 |
600 | |
130 |
600 | |
133 |
14,044 | |
17/49 |
6,239 | |
42/48 |
6,239 | |
44 |
457 | |
440/4 |
457 | |
45 |
5,460 | |
450/3 |
5,460 | |
47/48 |
322 | |
| Income statement | ||
70 |
91,578 | |
9900 |
19,575 | |
60/61 |
72,003 | |
62 |
1,256 | |
630 |
707 | |
640/8 |
834 | |
9901 |
16,777 | |
75/76B |
0 | |
75 |
0 | |
65/66B |
132 | |
65 |
132 | |
9903 |
16,644 | |
67/77 |
2,000 | |
9904 |
14,644 | |
9905 |
14,644 | |
| Appropriation of the result | ||
9906 |
14,644 | |
691/2 |
14,644 | |
6920 |
600 | |
6921 |
14,044 | |
| Document | ||
The notes to these accounts have 4 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 06-11-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 98 days after the deadline. Filed on 6 November 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00604587.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 06-11-2026 | 2026-00604587 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 202510 months |
|---|---|---|
| 17,484 | ||
| 15,352 | ||
| 3,883 | ||
| 17,469 | ||
| 18.3% | ||
| 76.8% | ||
| 3.80 | ||
| 0.30 | ||
| 70.9% | ||
| 54.5% | ||
| over 100 | ||
| 67 days | ||
| 2 days |
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 |
|---|---|
| Tangible fixed assets | €3,883 |
| €707 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Insights on Codenys
Debt's share of the balance-sheet total is 23.2%.
Board & ownership
Board
1 director, since incorporation- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 19-02-2025
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), appointed by deed of 19-02-2025, still in office
Control
Founder
This company
Codenys
Equity €20,644
Profit €14,644 in 2025
Capital
- Contribution
- €6,000
- Shares
- 100
- Contribution per share
- €60
- Equity per share
- €206 in 2025
- Source
- deed of 19-02-2025
Articles of association
deed of 19-02-2025 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- 1 directorAt least 1 director“In natura of in geld,bedrag vaste of evenredige vergoeding door algemene vergadering met gewone meerderheid of enige aandeelhouder,geboekt…”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Monday of June at 18:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one.
- No statutory auditor
Shareholders
At incorporation
deed of 19-02-2025 ↗
- 100 shares (100%) · €6,000 in cash
Network & group
No group
Codenys has no parent and no holdings in its annual accounts. is the only director. Codenys shares no director with another company.
At the same address
Boeversstraat 49, 8790 Waregem · 1 other company| Van Elslander, Mylène (sole trader)
establishment since 10-01-2025 |
founded in 2025 1019.470.790 |
Timeline
Timeline
4 events since 2025Filings
Establishments
20252026
2026
Annual accounts 2025 filed NBBabbreviated format · 98 days late
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:1020046060
IncorporationFounding capital of €6,000, 100 shares · Founder: · Appointment: (director) · published on 19-02-20254 points ▸
- Registered office clause, Boeversstraat 49, 8790 Waregem
- Founder,
- Founding capital, €6,000, 100 shares
- Director appointment, (director (not named in the articles))
- The deed holds 4 more points.
First establishment Boeversstraat 49, Waregem
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Identity
- Enterprise number
- 1020.046.060
- VAT number
- BE 1020.046.060
- Peppol ID
- 0208:1020046060
- Other Peppol ID
- 9925:BE1020046060
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 17-02-2025
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Monday of June at 18:00deed of 19-02-2025 (in Dutch)
- Peppol
- Reachable since 31-10-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- Codenys in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 19-02-2025 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 19-02-2025 (in Dutch)
Activities
NACEBEL 202562100
Computer programming main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Beheer en IT-consulting en programmeren in opdracht van klanten; Studie-,organisatie-,opleiding-,begeleiding-,implementatie-,coördinatie &…”deed of 19-02-2025 (in Dutch)
12 activities
- Beheer en IT-consulting en programmeren in opdracht van klanten.
- Studie-,organisatie-,opleiding-,begeleiding-,implementatie-,coördinatie & raadgevend bureau inzake financiële,technische,productie,handels-,juridische,commerciële,administratieve en computerservices,(bedrijfs)automatisatie,publiciteit en marketing,audit,verzekerings-,beveiligings-,logistieke,immobiliën en sociale aangelegenheden en algemeen bestuur in de ruimste zin van het woord.
- Bijstand verlenen als financial en business consultant,IT en projectmanager,beveiligings-,verzekerings-,beleggings- en marketingadviseur,expertisebureau in roerende en onroerende goederen,auditor,incassobureau,handelsvertegenwoordiger,agent.
- Het waarnemen van alle bestuurs- en managementopdrachten,het uitoefenen van functies in andere ondernemingen en vennootschappen.
- Het ontwikkelen,kopen,verkopen,in licentie nemen of geven van octrooien,knowhow en aanverwante immateriële duurzame activa.
- De aan- en verkoop,in- en uitvoer,commissiehandel en vertegenwoordiging van om het even welke goederen of diensten,in ’t kort tussenpersoon in de handel en dienstensector.
- Onderzoek en ontwikkeling,vervaardiging en/of commercialisering van nieuwe of bestaande producten,diensten,technologieën en hun toepassingen.
- Het beheer van een onroerend vermogen en de huurfinanciering van onroerende goederen aan derden,het aankopen,verkopen,ruilen,bouwen,verbouwen,onderhouden,verhuren,huren,verkavelen,aanpassen door urbanisatie,riolering en wegenaanleg,ontginnen,bebossen,prospecteren en uitbaten van onroerende goederen,alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de onroerende goederen te bevorderen.
- Het ontwerpen,uitvinden,verwerven,fabriceren,bouwen,invoeren,uitvoeren,aankopen,verkopen,verdelen,onderhouden en exploiteren zowel in eigen naam als in hoedanigheid van agent,vertegenwoordiger,commissionair,makelaar of vergunninghouder van alle methodes,grondstoffen,diensten en producten,brevetten,vergunningen en intellectuele rechten,in verband met hetgeen opgesomd hiervoor.
- Voor eigen rekening het verwerven door inschrijving of aankoop en het beheren van aandelen,obligaties,kasbons of andere roerende waarden,van welke vorm ook,van Belgische of buitenlandse bestaande of nog op te richten vennootschappen en het beheer van een eigen roerend vermogen.
- Het bevorderen van de oprichting van vennootschappen door inbreng,participaties of investering,alsook het bevorderen van fusie of liquidatie van vennootschappen.
- Het toestaan van leningen en kredietopeningen aan vennootschappen of particulieren,onder het even welke vorm,in dit kader kan zij zich ook borg stellen of haar aval verlenen,in de meest ruime zin,alle handels- en financiële operaties verrichten behalve die wettelijk voorbehouden zijn aan depositobanken,houders van deposito’s op korte termijn,spaarkassen,hypotheekmaatschappijen en kapitalisatie-ondernemingen.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Boeversstraat 49 registered office 8790 Waregem | 17-02-2025 | 2.371.136.096 |
Buildings and parcels at the address
- Ground area
- 531 m²
- Buildings
- 83 m²
- Volume, LiDAR
- 451 m³
- Tallest building
- 7.4 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 34040C1290/00S000 | 531 m² | 1 · 83 m² | 7.4 m · 2 |