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CodeSense

Active Public limited companyfounded 2020active for 6 yearsVeldkant 31, 2550 KontichKBO/BCE: BE 0741.508.382 subsidiary of Kapture
Part of the group Nuclys 525 companies in 16 countries
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Lifetime

5 annual accounts with figures on one time axis
peak €5.4m (2021)
€3.5m▼ 10.5%
peak €243,661 (2025)
€243,661▲ 17.6%
peak €965,613 (2025)
€965,613▲ 33.8%
€453,280▼ 14.6%
peak 31.1 FTE (2024)
26.1 FTE▼ 16.1%
Board8 names since 2020
- 
Owners2 names in the annual accounts
80%Kapture and 1 other
Documentsfilings and deeds
24-08-202624 days late
2025financial year
Staff from 31.1 FTE to 26.1 FTEEquity from €721,953 to €965,613

Key points

from the 2025 annual accounts

Equity

€965,613 ▲ 33.8%

CodeSense has made a profit in every financial year since 2021.

Staff

22 employees on 31-12-2025
3142021642022432023552024082025

In 2025, nobody joined and 8 people left.

Liquidity

3.07 was 2.21 in 2024

Short-term debts fell from €529,889 to €452,636.

Filings

5 annual accounts 4 late
AprilJune31 JulyOctober20222024

The 2024 accounts came latest: 26 days after the end of the period.

Position in the sector

€2.4m

Higher gross margin than 90% of companies in computer programming and consultancy. Sector median €283,387 · 1,283 companies.

Checked score

92
Excellent
Financially stronger than 60% of small companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 1,167 companies (NACE 62, small).

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.5% 01-2025: 0.5%● unchanged vs 12-2024 02-2025: 0.5%● unchanged vs 01-2025 03-2025: 0.5%● unchanged vs 02-2025 04-2025: 0.6%▲ +0.1 percentage points vs 03-2025 05-2025: 0.6%● unchanged vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025 07-2025: 0.7%▲ +0.1 percentage points vs 06-2025 08-2025: 1.1%▲ +0.4 percentage points vs 07-2025highest value 09-2025: 0.4%▼ -0.7 percentage points vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.2%▼ -0.2 percentage points vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.4%▲ +0.2 percentage points vs 07-2026 09-2026: 0.1%▼ -0.3 percentage points vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

93+10equity 68.0% of total assets
37+6short-term debt 31.9% · cash 0.9%
84+1return on assets 17.2%

Score breakdown

lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Profit of €243,661 (financial year 2025)
Equity €965,613 (68.0% of total assets)
Figures for financial year 2025 (filed on 27-08-2026)
Calculation

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, small). It does better than 80% of them on solvency, 36% on liquidity, 78% on profitability and 48% on growth.

The bankruptcy probability was computed on 08-11-2026 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).

Comparable companies, two years later

In July 2024, 6,782 companies had the same profile as CodeSense has now. Each dot stands for 17 companies, two years later.

96.7%
were still trading
2.7%
stopped another way
0.6%
went bankrupt
  • Small
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of CodeSense itself: 0.1% within 12 months.

Test of the method

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.

The companies in ten equal groups, from the lowest to the 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% 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 6,782 companies, not a prediction for CodeSense. 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

Credit of up to €85,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 3.07 (2.21 in 2024), above the usual 1.5. Short-term debt is 31.9% and cash 0.9% of total assets. 32% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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.

Signals

Five signals.
lowers riskraises risk
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
lowers risk · Profit of €243,661 (financial year 2025)
NBB · annual accounts
lowers risk · Equity €965,613 (68.0% of total assets)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 27-08-2026)
NBB · annual accounts
raises risk · 2025 accounts filed 24 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 5 filings
Deviation from the deadline
2025
24 days late
2024
26 days late
2023
8 days early
2022
4 days late
2021
5 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 10 days after 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.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 5 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

last known board
KN
Director, until 2024
  • Kapture 80%score 52equity -€152,711 (2025) · annual accounts 2025
Board & ownership

Recent changes

Resignation: Kapture NV (director) Permanent representative: Erik Huygh · General meeting of 11-08-2024 · Gazette deed
Reappointment: KPMGBedrijfsrevisorenBV (statutory auditor) General meeting of 13-05-2024 · Gazette deed
Registered office moved from Edegem to Kontich New registered office: Veldkant 31 te 2550 Kontich · Previous registered office: Prins Boudewijnlaan 43, 2650 Edegem · Board meeting of 02-04-2024 · Gazette deed
Permanent representatives: Ans Anthonis, Thierri Callaerts and Dirk Deroost General meeting of 21-03-2023 · Gazette deed
All 18 events

Comparable companies

same main activity, similar in size and age
Company
CodeSense Kontich €3.5m 11.2% 68.0% 26.1
Sinch Belgium Antwerp €5.1m -31.2% 21.8% 22.2
NALIOS Namur €3.2m 26.1% 0.1% 21.4
Lytix Boortmeerbeek €5.6m 10.3% 59.3% 26.7
NEXEO BELGIUM Brussels - - 48.0% 35.5
Eurofins GSC Transformation & Operational Excellence SA Auderghem - - 5.3% 29.2
Belgium Management Support Etterbeek - - 40.9% 21.5
-10%0%10%20%€5m€50m€500m€5bnCodeSenseEBIT margin

Grey: the largest companies of the sector (computer programming and consultancy (NACE 62)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as CodeSense: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €1.2m and €1.7m, founded between 2018 and 2021.

Official details

Source: KBO
Status
Active since 14-01-2020Normal situation
Registered office
25 active companies are registered at this addressSource: KBO register, as of 9 November 2026.
Activity
Computer consultancy and computer facilities managementNACE 62200
Joint committee
200Auxiliary committee for white-collar workers · annual accounts 2025
Establishment unit
2.300.387.3652550 Kontich, since 14-01-2020
Financial year end
31 December
Peppol
Reachable
Company details

Annual accounts 2025

€1.4m▲ 13.4%
Employeeson 31-12-2025
22▼ 26.7%
Filing
Filed on 24-08-2026
Financials

Companies linked to CodeSense

Insights on CodeSense

CodeSense has existed since 2020. Turnover fell from €5.4m in 2021 to €3.5m in 2025, while staff rose from 15.3 to 26.1 full-time equivalents.

Solvency rose in 2025 from 57.6% to 68.0% because of the retained profit and lower debts.

Kapture holds 80% of the shares.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about CodeSense

What is the company number of CodeSense?
The company number of CodeSense is 0741.508.382. The VAT number is the same number with BE in front: BE 0741.508.382.
Where is CodeSense based?
The registered office is at Veldkant 31, 2550 Kontich.Company details
What does CodeSense do?
According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
What is the legal form of CodeSense?
CodeSense is a public limited company (NV).
When was CodeSense founded?
CodeSense was founded on 14-01-2020.
Is CodeSense still active?
Yes, CodeSense is an active enterprise in the KBO register.
How many employees does CodeSense have?
CodeSense had an average of 26.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does CodeSense fall under?
In its 2025 annual accounts, CodeSense states joint committee 200 (Auxiliary committee for white-collar workers).
What is the turnover of CodeSense?
The turnover of CodeSense was €3.5m in financial year 2025, according to the filed annual accounts.
Is CodeSense profitable?
In financial year 2025, CodeSense made a profit of €243,661.
Where can I find the annual accounts of CodeSense?
CodeSense filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of CodeSense due?
CodeSense must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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