CODESARE
Annual accounts 2026
micro format, filed on 29-09-2026, 32 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €44,000. Estimated: probably between €21,000 and €81,000.
Balance sheet
balance sheet total €18,676 on 31-03-2026in euro
in euro
Position in the sector
50.7%
Higher than 26% of 1,191 companies in 2025.
1.99
Higher than 33% of 1,139 companies in 2025.
32.4%
Lower than 95% of 1,159 companies in 2025.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||
20/58 |
18,676 | 23,672 | 39,977 | 60,506 | 7,745 | 58,512 | |
21/28 |
2,375 | 3,524 | 4,008 | 0 | 595 | 1,189 | |
22/27 |
2,375 | 3,524 | 3,808 | 0 | 595 | 1,189 | |
23 |
385 | 624 | - | - | - | - | |
24 |
1,990 | 2,899 | 3,808 | 0 | 595 | 1,189 | |
28 |
- | 0 | 200 | - | - | - | |
29/58 |
16,301 | 20,148 | 35,969 | 60,506 | 7,150 | 57,323 | |
40/41 |
9,923 | 6,733 | 1,124 | 2,192 | 4,258 | 39,462 | |
40 |
8,357 | 5,458 | - | 0 | 4,258 | 37,501 | |
41 |
1,566 | 1,276 | 1,124 | 2,192 | 0 | 1,960 | |
54/58 |
2,615 | 8,877 | 32,537 | 56,787 | 1,506 | 16,458 | |
490/1 |
3,764 | 4,538 | 2,308 | 1,527 | 1,386 | 1,403 | |
| Balance sheet: equity and liabilities | |||||||
10/49 |
18,676 | 23,672 | 39,977 | 60,506 | 7,745 | 58,512 | |
10/15 |
9,477 | 3,432 | 28,455 | 43,283 | -1,803 | 15,890 | |
10/11 |
2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | |
14 |
7,477 | 1,432 | 26,455 | 41,283 | -3,803 | 13,890 | |
17/49 |
9,199 | 20,240 | 11,522 | 17,223 | 9,547 | 42,622 | |
42/48 |
8,209 | 20,240 | 11,522 | 17,223 | 9,547 | 42,622 | |
44 |
8,001 | 4,966 | 3,831 | 1,171 | 3,041 | 38,607 | |
440/4 |
8,001 | 4,966 | 3,831 | 1,171 | 3,041 | 38,607 | |
45 |
0 | 1,650 | 3,300 | 11,421 | 3,958 | 3,885 | |
450/3 |
0 | 1,650 | 3,300 | 11,421 | 3,958 | 3,885 | |
47/48 |
208 | 13,624 | 4,391 | 4,630 | 2,548 | 130 | |
492/3 |
990 | - | - | - | - | - | |
| Income statement | |||||||
9900 |
8,726 | -23,237 | -12,090 | 55,127 | -16,506 | 18,613 | |
630 |
1,149 | 1,004 | 737 | 595 | 595 | 595 | |
640/8 |
1,224 | 469 | 1,539 | 1,054 | 465 | 579 | |
9901 |
6,352 | -24,709 | -14,366 | 53,479 | -17,565 | 17,439 | |
75/76B |
0 | - | - | - | - | - | |
75 |
0 | - | - | - | - | - | |
65/66B |
308 | 314 | 462 | 272 | 127 | 64 | |
65 |
308 | 314 | 462 | 272 | 127 | 64 | |
9903 |
6,045 | -25,023 | -14,828 | 53,207 | -17,692 | 17,375 | |
67/77 |
- | - | 0 | 8,121 | 0 | 3,485 | |
9904 |
6,045 | -25,023 | -14,828 | 45,086 | -17,692 | 13,890 | |
9905 |
6,045 | -25,023 | -14,828 | 45,086 | -17,692 | 13,890 | |
| Appropriation of the result | |||||||
9906 |
7,477 | 1,432 | 26,455 | 41,283 | -3,803 | 13,890 | |
14P |
1,432 | 26,455 | 41,283 | -3,803 | 13,890 | - | |
| Document | |||||||
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 accounts filed with the NBB.
Source: Annual accounts 2026 at the NBB, filed on 29-09-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-03-2026 | micro format | 29-09-2026 | 2026-00528976 | |
| 31-03-2025 | micro format | 10-10-2025 | 2025-00538394 | |
| 31-03-2024 | micro format | 02-10-2024 | 2024-00487957 | |
| 31-03-2023 | micro format | 28-09-2023 | 2023-00456786 | |
| 31-03-2022 | micro format | 20-10-2022 | 2022-20467785 | |
| 31-03-2021 | micro format | 02-12-2021 | 2021-79000364 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|---|
| 7,501 | -23,705 | -13,629 | 54,073 | -16,971 | 18,033 | ||
| 7,193 | -24,020 | -14,091 | 45,680 | -17,098 | 14,484 | ||
| 0 | 719 | 4,745 | 0 | 0 | 1,784 | ||
| -6,262 | -23,659 | -24,251 | 55,281 | -14,952 | - | ||
| 8,092 | -92 | 24,447 | 43,283 | -2,397 | 14,700 | ||
| 50.7% | 14.5% | 71.2% | 71.5% | -23.3% | 27.2% | ||
| 1.99 | 1.00 | 3.12 | 3.51 | 0.75 | 1.34 | ||
| 0.97 | 5.90 | 0.40 | 0.40 | - | 2.68 | ||
| 63.8% | -729.1% | -52.1% | 104.2% | - | 87.4% | ||
| 32.4% | -105.7% | -37.1% | 74.5% | -228.4% | 23.7% | ||
| 24.33 | -75.45 | -29.51 | over 100 | -133.64 | - |
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.
Overdue debts
tax and social security| Item | 31-03-2026 | 31-03-2025 | 31-03-2024 | 31-03-2023 | 31-03-2022 |
|---|---|---|---|---|---|
| Overdue tax debts | - | - | €1,650 | - | - |
Source: notes to the 2022 to 2026 annual accounts (statement of debts)
Investments
fixed assets acquired| Item | 31-03-2026 | 31-03-2025 | 31-03-2024 | 31-03-2023 | 31-03-2022 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €719 | €4,545 | - | - |
| Financial fixed assets | - | - | €200 | - | - |
| €1,149 | €1,004 | €737 | €595 | €595 |
Source: notes to the 2022 to 2026 annual accounts (statement of fixed assets)
Insights on CODESARE
The operating result for 2026 is a profit of €6,352, after a loss of €24,709 in 2025. It is the highest result since 2023.
Debt's share of the balance-sheet total falls from 85.5% to 49.3%. Equity is higher and debt is lower.