Equity
€34,410 ▼ 55.5%
CodeScale paid out €100,000 in dividends. That is 175% of the 2025 profit.
CodeScale
Overview
Lifetime
5 annual accounts with figures on one time axispeak €75,335 (2025)
€75,335▲ 76.5%
peak €57,071 (2025)
€57,071▲ 81.9%
peak €77,339 (2024)
€34,410▼ 55.5%
€121,831▲ 235%
Board1 name since 2020
1 director
Documentsfilings and deeds
21-06-202640 days before the deadline
2025micro format
Gross margin from €42,685 to €75,335Result from €31,377 to €57,071Dividend €100,000Equity from €77,339 to €34,410Debts from €36,372 to €121,831Investments €3,260
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Key points
from the 2025 annual accountsTurnover
≈ €180,000 estimated
The micro format states no turnover.
Debts
€121,831 ▲ 235%
Debts rose by €85,459 in 2025. A dividend stands under other debts on the balance sheet date until it is paid.
Investments
€1,854 2.3 × depreciation
Green is investment, beige is depreciation.
Liquidity
1.25 was 3.10 in 2024
Short-term debts rose from €36,372 to €121,831.
Filings
5 annual accounts 1 late
The 2023 accounts came 19 days late. The other four were filed on time.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 6,713 companies had the same profile as CodeScale has now. Each dot stands for 17 companies, two years later.
95.8%
were still trading
2.2%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,448 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 6,713 companies, not a prediction for CodeScale. 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.
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Signals
6 signals are hidden.
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Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0746450929
Registered office moved from Courcelles to Forchies-la-Marche
New registered office: Rue du Bois, 43 à 6141 Forchies-la-Marche · Previous registered office: Rue de la libération, 23-6182 Courcelles · General meeting of 25-04-2024 · Gazette deed
Incorporation
Founding capital of €3,000, 300 shares · Founder: · Appointment: (director) · published on 24-04-2020 · Gazette deed
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Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CodeScale Fontaine-l'Evêque | - | - | 22.0% | - |
| DE MARCO CONSULTING La Louvière | €198,333 | 23.8% | 68.6% | - |
| BANANA NAVY Charleroi | - | - | 26.0% | - |
| KPI-CONSULTING Manage | - | - | 8.6% | - |
| JAVONADO Oostkamp | - | - | 16.8% | - |
| Boll.IT Haacht | - | - | 49.8% | - |
| onEdge Kontich | €351,069 | -9.4% | -313.0% | 2 |
These companies have the same main activity as CodeScale: computer programming (NACE 62100). They are comparable in size and age: total assets between €141,000 and €164,000, founded in 2020.
Official details
Source: KBO- Status
- Active since 22-04-2020Normal situation
- Activity
- Computer programmingNACE 62100and 2 others
- Financial year end
- 31 December
- Peppol
- Reachable since 13-11-2025
Annual accounts 2025
- €75,335▲ 76.5%
- €57,071▲ 81.9%
- €34,410▼ 55.5%
- €156,241▲ 37.4%
- Filing
- Filed on 21-06-2026, 40 days before the end of the filing period
Insights on CodeScale
CodeScale files the micro format. That format states no turnover. The gross margin rose from €37,556 in 2021 to €75,335 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 21-06-2026, 40 days before the deadline€75,335
▲ 76.5%
€73,476
▲ 77.8%
€57,071
▲ 81.9%
€30,946
▼ 59.5%
22.0%
▼ 46.0 percentage points
1.25
▼ 1.84
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 ≈ €180,000. Estimated: probably between €150,000 and €220,000.
Balance sheet
balance sheet total €156,241 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
22.0%
Higher than 22% of 21,217 companies in 2025.
1.25
Higher than 26% of 20,581 companies in 2025.
36.5%
Higher than 75% of 20,756 companies in 2025.
CodeScale
Middle half of the sector
80% of the sector
Micro accounts in computer programming and consultancy (NACE 62)
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
156,241 | 113,711 | 80,102 | 57,006 | 29,768 | |
21/28 |
3,463 | 1,001 | 1,515 | 490 | 1,164 | |
22/27 |
2,057 | 1,001 | 1,515 | 490 | 1,164 | |
24 |
2,057 | 1,001 | 1,515 | 490 | 1,164 | |
28 |
1,406 | - | - | - | - | |
29/58 |
152,777 | 112,709 | 78,587 | 56,516 | 28,604 | |
40/41 |
44,524 | - | - | 259 | - | |
40 |
31,784 | - | - | - | - | |
41 |
12,740 | - | - | 259 | - | |
54/58 |
107,140 | 111,107 | 78,437 | 55,908 | 27,766 | |
490/1 |
1,113 | 1,602 | 150 | 349 | 837 | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
156,241 | 113,711 | 80,102 | 57,006 | 29,768 | |
10/15 |
34,410 | 77,339 | 73,062 | 46,671 | 19,650 | |
10/11 |
3,000 | 3,000 | 3,000 | 3,000 | 3,000 | |
14 |
31,410 | 74,339 | 70,062 | 43,671 | 16,650 | |
17/49 |
121,831 | 36,372 | 7,040 | 10,335 | 10,118 | |
42/48 |
121,831 | 36,372 | 7,040 | 10,335 | 10,118 | |
44 |
1,132 | 1,314 | 2,021 | 1,129 | 1,576 | |
440/4 |
1,132 | 1,314 | 2,021 | 1,129 | 1,576 | |
45 |
35,699 | 11,858 | 2,519 | 8,148 | 6,673 | |
450/3 |
33,392 | 11,858 | 2,519 | 7,076 | 6,673 | |
454/9 |
2,307 | - | - | 1,072 | - | |
47/48 |
85,000 | 23,200 | 2,499 | 1,058 | 1,869 | |
| Income statement | ||||||
9900 |
75,335 | 42,685 | 36,399 | 36,676 | 37,556 | |
630 |
798 | 514 | 116 | 674 | 859 | |
640/8 |
1,060 | 855 | 1,002 | 486 | 12,506 | |
9901 |
73,476 | 41,316 | 35,281 | 35,516 | 24,191 | |
75/76B |
350 | - | - | - | - | |
75 |
350 | - | - | - | - | |
65/66B |
942 | 1,121 | 1,349 | 653 | 949 | |
65 |
942 | 1,121 | 1,349 | 653 | 949 | |
9903 |
72,884 | 40,195 | 33,932 | 34,862 | 23,242 | |
67/77 |
15,814 | 8,819 | 7,540 | 7,841 | 6,593 | |
9904 |
57,071 | 31,377 | 26,392 | 27,021 | 16,650 | |
9905 |
57,071 | 31,377 | 26,392 | 27,021 | 16,650 | |
| Appropriation of the result | ||||||
9906 |
131,410 | 101,439 | 70,062 | 43,671 | 16,650 | |
14P |
74,339 | 70,062 | 43,671 | 16,650 | - | |
694/7 |
100,000 | 27,100 | - | - | - | |
694 |
100,000 | 27,100 | - | - | - | |
| Document | ||||||
The notes to these accounts have 9 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 21-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 21-06-2026 | 2026-00191126 | |
| 31-12-2024 | micro format | 25-07-2025 | 2025-00309089 | |
| 31-12-2023 | micro format | 19-08-2024 | 2024-00349199 | |
| 31-12-2022 | micro format | 30-06-2023 | 2023-00211358 | |
| 31-12-2021 | micro format | 04-07-2022 | 2022-20124997 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| 74,275 | 41,830 | 35,397 | 36,190 | 25,050 | ||
| 57,869 | 31,891 | 26,508 | 27,695 | 17,508 | ||
| 3,260 | 0 | 1,542 | 0 | 2,023 | ||
| -3,967 | 32,671 | 22,528 | 28,142 | - | ||
| 30,946 | 76,338 | 71,547 | 46,181 | 18,485 | ||
| 22.0% | 68.0% | 91.2% | 81.9% | 66.0% | ||
| 1.25 | 3.10 | 11.16 | 5.47 | 2.83 | ||
| 3.54 | 0.47 | 0.10 | 0.22 | 0.51 | ||
| 165.9% | 40.6% | 36.1% | 57.9% | 84.7% | ||
| 36.5% | 27.6% | 32.9% | 47.4% | 55.9% | ||
| 78.87 | 37.31 | 26.24 | 55.40 | 26.41 |
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 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €1,854 | - | €1,542 | - | €2,023 |
| Financial fixed assets | €1,406 | - | - | - | - |
| €798 | €514 | €116 | €674 | €859 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on CodeScale
The operating result for 2025 is 78% higher than in 2024 and the highest since 2021. It is the second rise in a row, after the fall in 2023.
Debt's share of the balance-sheet total rises from 32.0% to 78.0%. Equity is lower and debt is higher.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
since 17-04-2020
term without a fixed end
listed in the 2025 annual accounts, filed on 21-06-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 24-04-2020
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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), from 17-04-2020 to date
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Control
Founder
This company
CodeScale
Equity €34,410
Profit €57,071 in 2025
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Capital
- Contribution
- €3,000
- Shares
- 300
- Contribution per share
- €10
- Equity per share
- €115 in 2025
- Source
- deed of 24-04-2020
Articles of association
deed of 24-04-2020 (in French)- 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.
- At least 1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Friday of June at 18:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Shareholders
At incorporation
deed of 24-04-2020 ↗
- 300 shares (100%) · €3,000
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Network & group
No group
CodeScale has no parent and no holdings in its annual accounts. is the only director. CodeScale shares no director with another company.
The LEI register names no parent.
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Timeline
Timeline
10 events since 2020Filings
Financial
Address
2020202220242026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 40 days before the deadline
2025
Highest result from 2021 to 2025 net €57,071 ▲81.9% The operating result of €73,476 and the net result of €57,071 are both a record.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0746450929
Annual accounts 2024 filed PDFmicro format · 6 days before the deadline
2024
Annual accounts 2023 filed PDFmicro format · 19 days late
Registered office moved from Courcelles to Forchies-la-MarcheNew registered office: Rue du Bois, 43 à 6141 Forchies-la-Marche · Previous registered office: Rue de la libération, 23-6182 Courcelles · General meeting of 25-04-20242 points ▸
- General meeting, 25-04-2024
- Registered-office move, Rue du Bois, 43 à 6141 Forchies-la-Marche
- The deed holds 1 more point.
2023
Liquidity doubles current ratio 11.16 The current ratio rises from 5.47 to 11.16. Short-term debt falls from €10,335 to €7,040.
Annual accounts 2022 filed PDFmicro format · 31 days before the deadline
2022
Annual accounts 2021 filed PDFmicro format · 27 days before the deadline
2020
IncorporationFounding capital of €3,000, 300 shares · Founder: · Appointment: (director) · published on 24-04-20205 points ▸
- Founder,
- Founding capital, €3,000, 300 shares
- Registered office clause, rue de la Libération 23, 6182 Souvret
- Board rule, 1
- Director appointment, (director (not named in the articles))
- The deed holds 4 more points.
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Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
On 22 April 2020, CodeScale was incorporated as a private limited company by one natural person, with a starting capital of €3,000.12 In 2024 the registered office moved to Forchies-la-Marche.3 has served as director since 2020.4 Total assets went from €29,768 in 2021 to €156,241 in 2025.5
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Company details
Identity
- Enterprise number
- 0746.450.929
- VAT number
- BE 0746.450.929
- Peppol ID
- 0208:0746450929
- Other Peppol ID
- 9925:BE0746450929
- LEI code
- 648863U047MHIY1CW374 live in the LEI register
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 22-04-2020
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Friday of June at 18:00deed of 24-04-2020 (in French)
- Peppol
- Reachable since 13-11-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- CodeScale in French
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 24-04-2020 (in French)
Activities
NACEBEL 202562100
Computer programming main activity
Codes under NACEBEL 2008
62010
Computer programming, consultancy and related activities main activity
62020
IT consultancy
62090
Computer programming, consultancy and related activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Le développement de logiciels, le support informatique aux entreprises, la vente et la location de matériel informatique, la création de…”deed of 24-04-2020 (in French)
9 activities
- Le développement de logiciels, le support informatique aux entreprises, la vente et la location de matériel informatique, la création de sites web, l’activité de web designer, la consultance informatique, la formation en gestion des technologies, le développement d’applications, la programmation, l’architecture logicielle.
- Le négoce, la fabrication et l’assemblage de tout matériel informatique, de tout matériel de bureau, et de tout matériel de télécommunication, l’achat et la vente, en gros ou en détail, la représentation, l’importation et l’exportation de ces matériels
- L’installation de tout système informatique, l’installation et la mise en place de sites internet ou de tous autres moyens de communication basés sur l’informatique ou télématique.
- L’entretien, la maintenance de tout matériel informatique, de communication par tout moyen informatique ou télématique et la formation de tout utilisateur de pareils matériels.
- La mise en location et la vente de tous systèmes ayant une relation directe ou indirecte avec l’informatique et la télématique.
- L’organisation d’évènements.
- A titre accessoire, la société pourra également avoir pour objet la constitution, la gestion et la valorisation d’un patrimoine immobilier et mobilier, notamment par l’achat, la vente, la location, la mise en location, la construction, le tout au sens le plus large.
- La société pourra s’intéresser par voie d’apport, de fusion, de souscription ou de toute manière dans toutes entreprises, associations ou sociétés ayant un objet similaire, analogue ou connexe, ou de nature à favoriser celui de la société.
- La société peut exercer les fonctions d’administrateur, gérant ou liquidateur.
Registered office and establishments
| Rue du Bois 43 registered office 6141 Fontaine-l'Evêque |
1 former office
- Rue de la libération,23, 6182 Courcelles until 29-04-2024 · deed of 21-05-2024
Buildings and parcels at the address
- Ground area
- 111 m²
- Buildings
- 60 m²
- Volume, LiDAR
- 488 m³
- Tallest building
- 10.3 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 52023B0879/00B003 | 111 m² | 1 · 60 m² | 10.3 m · 3 |
Contact
E-mail
siciliano02@gmail.com