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CodeWaves

Active Private limited companyfounded 2016active for 10 yearsMolenstraat 213, 2840 RumstKBO/BCE: BE 0646.983.268
CodeWaves
Financial year 2025
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Annual accounts 2025

micro format, filed on 29-12-2025, 122 days before the deadline
€72,382
▼ 9.2%
€59,951
▼ 11.1%
€44,191
▼ 12.5%
€41,324
▼ 12.9%
53.5%
▲ 9.9 percentage points
1.88
▲ 0.24

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 ≈ €170,000. Estimated: probably between €140,000 and €220,000.

Balance sheet

balance sheet total €117,586 on 30-09-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

53.5%

Higher than 44% of 21,217 companies in 2025.

1.88

Higher than 41% of 20,581 companies in 2025.

37.6%

Higher than 76% of 20,756 companies in 2025.

CodeWaves Middle half of the sector 80% of the sector Micro accounts in computer programming and consultancy (NACE 62)

Net result: middle half · 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 Trend202520242023202220212020201920182017
Balance sheet: assets
20/58 117,586159,860175,40392,56880,37980,389167,284130,75293,435
21/28 29,13437,92749,53310,4275,4325,410600600731
22/27 28,33937,32748,9339,8274,8324,810--131
23 2,250---8441,688--131
24 26,08937,31748,6088,4962,6023,121---
26 -103241,3311,386----
28 795600600600600600600600600
29/58 88,452121,933125,87082,14174,94774,979166,684130,15292,704
40/41 38,03431,13424,64619,69623,18622,01727,27813,31019,360
40 31,15829,65724,38216,91023,18621,29620,63013,31019,360
41 6,8761,4772652,786-7216,648--
50/53 --5,0005,0005,0005,0005,0005,0005,000
54/58 49,78190,79995,38757,44546,76147,962134,407111,21068,344
490/1 637-837----632-
Balance sheet: equity and liabilities
10/49 117,586159,860175,40392,56880,37980,389167,284130,75293,435
10/15 62,92569,73482,25057,40921,62721,262131,634103,13268,796
10/11 18,60018,60018,60018,60018,600-18,60018,60018,600
100 ------18,60018,60018,600
11 -----18,600---
1100/10 -----18,600---
13 44,32551,13463,65038,8093,0272,662113,03484,53250,196
130/1 ---1,8601,8601,860---
130 ------1,8601,8601,860
1311 ---1,8601,860----
1319 -----1,860---
133 44,32551,13463,65036,9491,167802111,17482,67248,336
17/49 54,66290,12693,15235,15958,75259,12635,65127,62024,639
17 4,25312,65420,915------
170/4 4,25312,65420,915------
42/48 47,12974,48670,76735,15955,64458,43035,06727,48924,413
42 8,4018,2618,124------
43 -1-------
430/8 -1-------
44 3,2843,2834,3272,8342,1672,0751,570892702
440/4 3,2843,2834,3272,8342,1672,0751,570892702
45 9,4928,6157,8548,7738,8098,0367,99222,92420,815
450/3 9,4928,6157,8548,7738,8098,0367,99222,92420,815
47/48 25,95354,32650,46323,55244,66848,31825,5053,6732,895
492/3 3,2792,9861,470-3,108696584131226
Income statement
76A --10,000------
9900 72,38279,70186,42352,16543,48654,39238,25750,56045,770
630 11,64911,6057,7363,6643,8292,130-131525
640/8 782686932935926758950842789
9901 59,95167,41077,75547,56638,73151,50437,30749,58644,456
75/76B 0158158158158158158158-
75 0158158158158158158158-
65/66B 3,6563,5601,836108623754611189308
65 3,6563,5601,836108623754611189308
9903 56,29564,00776,07747,61538,26550,90836,85449,55444,148
67/77 12,10413,52315,23510,2338,90111,2798,35215,21913,598
9904 44,19150,48460,84137,38229,36439,62928,50234,33630,550
9905 44,19150,48460,84137,38229,36439,62928,50234,33630,550
Appropriation of the result
9906 44,19150,48460,84137,38229,36439,62928,50234,33630,550
791/2 51,00063,00036,000--111,000---
691/2 44,19150,48460,84135,78236462928,50234,33630,550
6921 44,19150,48460,84135,78236462928,50234,33630,550
694/7 51,00063,00036,0001,60029,000150,000---
694 51,00063,00036,0001,60029,000150,000---
Document PDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for financial year 2016 were filed as a document without figures as data, a scan for example.

The notes to these accounts have 11 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 29-12-2025.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
30-09-2025 micro format 29-12-2025 2025-00591320 PDF
30-09-2024 micro format 24-12-2024 2024-00624117 PDF
30-09-2023 micro format 10-01-2024 2024-00546247 PDF
30-09-2022 micro format 27-01-2023 2023-00006134 PDF
30-09-2021 micro format 10-01-2022 2022-00500304 PDF
30-09-2020 micro format 08-01-2021 2021-00400514 PDF
30-09-2019 micro format 15-01-2020 2020-01000565 PDF
30-09-2018 micro format 28-12-2018 2018-75800009 PDF
30-09-2017 micro format 27-12-2017 2017-72900199 PDF
30-09-2016 micro format 09-01-2017 2017-00400461 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202520242023202220212020201920182017
71,59979,01585,49251,23042,56053,634-49,71844,981
55,84062,08968,57841,04633,19341,758-34,46731,075
3,455046,8428,6593,8516,939-0-
-41,018-4,58837,94210,684-1,201-86,44423,19742,866-
41,32447,44755,10346,98219,30316,549131,617102,66368,291
53.5%43.6%46.9%62.0%26.9%26.4%78.7%78.9%73.6%
1.881.641.782.341.351.284.754.733.80
0.871.291.130.612.722.780.270.270.36
70.2%72.4%74.0%65.1%135.8%186.4%21.7%33.3%44.4%
37.6%31.6%34.7%40.4%36.5%49.3%17.0%26.3%32.7%
19.5922.1946.56over 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.

Investments

fixed assets acquired
Item30-09-202530-09-202430-09-202330-09-2022
Tangible fixed assets€2,660-€46,842€8,659
Financial fixed assets€795---
€11,649€11,605€7,736€3,664

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Insights on CodeWaves

The operating result for 2025 is 11% lower than in 2024 and the lowest since 2022. It is the second fall in a row.

Debt's share of the balance-sheet total falls from 56.4% to 46.5%. Equity and debt are lower.

Next steps

Work out how much credit to give this customer and on what payment terms.Credit check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed

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