Equity
€18,063
CODEUS paid out €833 in dividends. That is 4% of the 2025 profit.
CODEUS
Lifetime
2 annual accounts with figures on one time axispeak €27,108 (2025)
€27,108▲ €29,982
lowest -€2,963 (2024)
€21,358▲ €24,321
peak €18,063 (2025)
€18,063▲ €21,025
€22,532▲ 417%
Board1 name since 2024
1 directorMORELLE Clément Norbert François
Documentsfilings and deeds
12-06-202649 days before the deadline
2025micro format
Gross margin from -€2,874 to €27,108Back to profit: €21,358Dividend €833Equity from -€2,963 to €18,063Debts from €4,354 to €22,532Investments €4,792
Key points
from the 2025 annual accountsTurnover
≈ €88,000 estimated
The micro format states no turnover.
Investments
€5,263 15.6 × depreciation
Green is investment, beige is depreciation.
Checked score
96
Excellent
Financially stronger than 69% of micro 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: 0.1% across 25,933 companies (NACE 62, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
03-2025: 0.4%
04-2025: 0.4%● unchanged vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025
07-2025: 0.4%● unchanged vs 06-2025highest value
08-2025: 0.3%▼ -0.1 percentage points vs 07-2025
09-2025: 0.3%● unchanged vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.4%▲ +0.1 percentage points vs 02-2026
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026
07-2026: < 0.1%▼ -0.4 percentage points vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026lowest value
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Founded in 2024
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Liquidity: current ratio 1.58, cash €26,154
Size: total assets €40,595
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, micro). It does better than 39% of them on solvency, 55% on liquidity, 82% on profitability and 99% on growth.
The bankruptcy probability was computed on 10-11-2026 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, 39,278 companies had the same profile as CODEUS has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of CODEUS itself is lower: < 0.1% within 12 months. It rests on far more data about CODEUS than the profile alone.
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 39,278 companies, not a prediction for CODEUS. 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 €1,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.58, above the usual 1.5. Short-term debt is 55.5% and cash 64.4% of total assets. However, 55.5% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-06-2026, 49 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
49 days early
2024
14 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 32 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.
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.
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
First establishment
Rue Monulphe 61, Liège
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1006150613
Incorporation
Founding capital of €500 · Founder: MORELLE Clément Norbert François · Appointment: MORELLE Clément Norbert François (director) · published on 21-02-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CODEUS Liège | €40,595 | €27,108 | 44.5% | - |
| SKT CONSULTING Juprelle | €34,796 | €31,839 | 88.1% | - |
| CAMELEO Beauvechain | €41,846 | €26,849 | 83.6% | - |
| NOVA-IT Group Evere | €42,695 | €26,957 | -59.5% | 0.6 |
| WeTech Zaventem | €39,403 | €29,554 | 61.6% | - |
| MKRS Deinze | €42,961 | €30,680 | 53.9% | - |
| ESTUDO Brussels | €39,686 | €30,677 | 66.5% | - |
These companies have the same main activity as CODEUS: computer programming (NACE 62100). They are comparable in size and age: total assets between €34,800 and €43,000, founded between 2023 and 2024.
Official details
Source: KBO- Status
- Active since 19-02-2024Normal situation
- Activity
- Computer programmingNACE 62100and 5 others
- Establishment unit
- 2.357.315.2794000 Liège, since 01-04-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 04-03-2024
Annual accounts 2025
- €40,595▲ 29×
- Filing
- Filed on 12-06-2026, 49 days before the end of the filing period
Insights on CODEUS
CODEUS has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €18,063 and a net result of €21,358.
Its solvency ranks better than 37% of 21,217 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
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 CODEUS
- What is the company number of CODEUS?
- The company number of CODEUS is 1006.150.613. The VAT number is the same number with BE in front: BE 1006.150.613.
- Where is CODEUS based?
- The registered office is at Rue Monulphe 61, 4000 Liège.Company details
- What does CODEUS do?
- According to the KBO register, the main activity is computer programming (NACE 62100).
- What is the legal form of CODEUS?
- CODEUS is a private limited company (BV).
- When was CODEUS founded?
- CODEUS was founded on 19-02-2024.
- Is CODEUS still active?
- Yes, CODEUS is an active enterprise in the KBO register.
- What is the turnover of CODEUS?
- The turnover in financial year 2025 is ≈ €88,000. This figure is estimated from the gross margin of €27,108 and 84 comparable companies (NACE 62). It probably lies between €69,000 and €120,000.Financials
- Is CODEUS profitable?
- In financial year 2025, CODEUS made a profit of €21,358.
- Where can I find the annual accounts of CODEUS?
- CODEUS filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CODEUS due?
- CODEUS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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