Equity
CODEQUANTUM paid out €59,366 in dividends. That is 235% of the 2025 profit.
CODEQUANTUM paid out €59,366 in dividends. That is 235% of the 2025 profit.
The micro format states no turnover.
Debts rose by €63,180 in 2025. A dividend stands under other debts on the balance sheet date until it is paid.
Green is investment, beige is depreciation.
Short-term debts rose from €6,999 to €70,179.
The last four annual accounts were filed 2 to 40 days before the end of the period.
The dashed line is the sector median: 0.1% across 25,930 companies (NACE 62, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro). It does better than 43% of them on solvency, 58% on liquidity, 55% on profitability and 20% on growth.
The bankruptcy probability was computed on 07-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 26,972 companies had the same profile as CODEQUANTUM has now. Each dot stands for 68 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of CODEQUANTUM itself is lower: < 0.1% within 12 months. It rests on far more data about CODEQUANTUM than the profile alone.
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 26,972 companies, not a prediction for CODEQUANTUM. 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.
Liquidity is ample, with a current ratio of 1.9 (15.14 in 2024), above the usual 1.5. Short-term debt is 50% and cash 69.4% of total assets. However, 50% of the assets are financed with debt and provisions.
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.
The company filed its last 4 accounts on average 28 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| CODEQUANTUM Juprelle | €140,331 | €36,859 | 50.0% | - |
| CoffeeX Nivelles | €142,002 | €36,363 | 3.3% | - |
| ELANNARI HR CONSULTANCY Tessenderlo-Ham | €146,028 | €36,381 | 22.0% | - |
| GiraKi Landen | €137,498 | €34,901 | 42.2% | - |
| App·IT·tude Wezembeek-Oppem | €128,214 | €36,785 | 35.1% | - |
| YAKDEV Brussels | €152,293 | €35,888 | 94.8% | - |
| DISTO Pelt | €124,822 | €34,304 | 87.0% | - |
These companies have the same main activity as CODEQUANTUM: computer programming (NACE 62100). They are comparable in size and age: total assets between €125,000 and €152,000, founded between 2021 and 2022.
CODEQUANTUM files the micro format. That format states no turnover. The gross margin fell from €56,947 in 2022 to €36,859 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
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 ≈ €120,000. Estimated: probably between €94,000 and €160,000.
Higher than 41% of 21,205 companies in 2025.
Higher than 41% of 20,568 companies in 2025.
Higher than 49% of 20,743 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
140,331 | 111,298 | 82,665 | 57,216 | |
20 |
349 | 744 | 1,139 | 1,534 | |
21/28 |
6,673 | 4,606 | 4,079 | 4,286 | |
22/27 |
6,673 | 4,606 | 4,079 | 4,286 | |
23 |
2,577 | 3,186 | 2,891 | 2,776 | |
24 |
1,884 | 1,420 | 1,188 | 1,510 | |
26 |
2,211 | - | - | - | |
29/58 |
133,310 | 105,948 | 77,447 | 51,396 | |
40/41 |
18,138 | 13,593 | 11,944 | 19,326 | |
40 |
13,931 | 12,578 | 11,944 | 19,326 | |
41 |
4,207 | 1,016 | - | - | |
50/53 |
12,000 | - | - | - | |
54/58 |
97,328 | 83,227 | 54,296 | 27,244 | |
490/1 |
5,844 | 9,128 | 11,207 | 4,826 | |
| Balance sheet: equity and liabilities | |||||
10/49 |
140,331 | 111,298 | 82,665 | 57,216 | |
10/15 |
70,152 | 104,299 | 70,152 | 41,528 | |
10/11 |
2,500 | 2,500 | 2,500 | 2,500 | |
13 |
67,652 | 101,799 | 67,652 | 39,028 | |
133 |
67,652 | 101,799 | 67,652 | 39,028 | |
14 |
0 | - | - | - | |
17/49 |
70,179 | 6,999 | 12,513 | 15,688 | |
42/48 |
70,179 | 6,999 | 12,513 | 15,688 | |
44 |
1,846 | 695 | 1,296 | 1,317 | |
440/4 |
1,846 | 695 | 1,296 | 1,317 | |
45 |
8,635 | 5,993 | 8,458 | 11,707 | |
450/3 |
8,635 | 5,993 | 8,458 | 11,707 | |
47/48 |
59,699 | 311 | 2,760 | 2,664 | |
| Income statement | |||||
9900 |
36,859 | 48,326 | 43,831 | 56,947 | |
630 |
3,003 | 2,948 | 2,400 | 2,026 | |
640/8 |
545 | 568 | 180 | 169 | |
9901 |
33,311 | 44,810 | 41,251 | 54,753 | |
75/76B |
0 | 5 | - | - | |
75 |
0 | 5 | - | - | |
65/66B |
1,283 | 1,684 | 1,333 | 514 | |
65 |
1,283 | 1,684 | 1,333 | 514 | |
9903 |
32,028 | 43,131 | 39,918 | 54,239 | |
67/77 |
6,808 | 8,985 | 11,293 | 15,211 | |
9904 |
25,219 | 34,147 | 28,624 | 39,028 | |
9905 |
25,219 | 34,147 | 28,624 | 39,028 | |
| Appropriation of the result | |||||
9906 |
25,219 | 34,147 | 28,624 | 39,028 | |
791/2 |
34,147 | - | - | - | |
691/2 |
0 | 34,147 | 28,624 | 39,028 | |
6921 |
0 | 34,147 | 28,624 | 39,028 | |
694/7 |
59,366 | - | - | - | |
694 |
59,366 | - | - | - | |
| Document | |||||
The notes to these accounts have 14 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 26-06-2026.
| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| 36,314 | 47,758 | 43,650 | 56,779 | ||
| 28,222 | 37,095 | 31,024 | 41,053 | ||
| 4,675 | 3,080 | 1,798 | 5,871 | ||
| 14,101 | 28,931 | 27,052 | - | ||
| 63,130 | 98,949 | 64,934 | 35,708 | ||
| 50.0% | 93.7% | 84.9% | 72.6% | ||
| 1.90 | 15.14 | 6.19 | 3.28 | ||
| 1.00 | 0.07 | 0.18 | 0.38 | ||
| 35.9% | 32.7% | 40.8% | 94.0% | ||
| 18.0% | 30.7% | 34.6% | 68.2% | ||
| 28.30 | 28.36 | 32.76 | over 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.
| Item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Tangible fixed assets | €4,675 | €3,080 | €1,798 | €5,871 |
| Financial fixed assets | €0 | - | - | - |
| €3,003 | €2,948 | €2,400 | €2,026 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 26% lower than in 2024 and the lowest since 2022.
Debt's share of the balance-sheet total rises from 6.3% to 50.0%. Equity is lower and debt is higher.
CODEQUANTUM has no parent and no holdings in its annual accounts. GENON Romain Michel Julien is the only director. CODEQUANTUM shares no director with another company.
| Association des Copropriétaires de la Résidence Brunehaut à 4450 Juprelle Chaussée Brunehaut 183
registered office since 11-12-2019 |
founded in 2019 0739.867.795 |
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
On 26 October 2021, CODEQUANTUM was incorporated as a private limited company by one natural person, with a starting capital of €2,500.12 In 2025 the registered office moved to Juprelle.3 GENON Romain Michel Julien has served as sole director since 2021.4 Total assets went from €57,216 in 2022 to €140,331 in 2025.5
| Establishment | Since | Unit number |
|---|---|---|
| Chaussée Brunehaut 183 registered office 4450 Juprelle | 26-10-2021 | 2.323.677.857 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 62060A0175/00B002 | 1,061 m² | 1 · 276 m² | 13.0 m · 3 |
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