Codewise
Annual accounts 2025
micro format, filed on 22-06-2026, 39 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 ≈ €620,000. Estimated: probably between €340,000 and €980,000.
Money flows
no detail for 2025Balance sheet
balance sheet total €459,628 on 31-12-2025in euro
in euro
Position in the sector
67.6%
Higher than 78% of 25,237 companies in 2025.
3.40
Higher than 80% of 24,245 companies in 2025.
14.7%
Higher than 78% of 24,434 companies in 2025.
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
459,628 | 369,329 | 339,463 | 360,736 | 316,278 | 275,001 | 231,596 | 427,781 | 375,159 | 366,927 | 340,490 | 313,661 | 271,327 | 282,339 | 245,086 | 206,549 | 175,848 | 138,982 | 106,652 | 89,028 | |
21/28 |
8,203 | 3,921 | 637 | 2,122 | 3,607 | 494 | 1,502 | 1,029 | 180 | 553 | 5,837 | 11,303 | 16,885 | 22,893 | 3,221 | 3,224 | 3,756 | 1,357 | 2,091 | 4,149 | |
22/27 |
8,203 | 3,921 | 637 | 2,122 | 3,607 | 494 | 1,502 | 1,029 | 180 | 553 | 5,837 | 11,303 | 16,885 | 22,893 | 3,221 | 3,224 | 3,756 | 1,357 | 2,091 | 4,149 | |
22 |
8,203 | 3,921 | - | - | - | - | - | - | - | - | - | - | - | - | 243 | 486 | 728 | 971 | - | - | |
24 |
- | - | 637 | 2,122 | 3,607 | 494 | 1,502 | 1,029 | 180 | 553 | 5,837 | 11,303 | 16,885 | 22,893 | 2,978 | 2,738 | 3,028 | 386 | 2,091 | 4,149 | |
29/58 |
451,426 | 365,408 | 338,826 | 358,614 | 312,671 | 274,507 | 230,094 | 426,752 | 374,979 | 366,374 | 334,654 | 302,358 | 254,442 | 259,446 | 241,865 | 203,325 | 172,092 | 137,625 | 104,561 | 84,879 | |
40/41 |
62,696 | 33,728 | 38,534 | 19,020 | 27,735 | 59,911 | 33,927 | 130,393 | 95,851 | 27,235 | 18,301 | 21,931 | 22,992 | 41,679 | 46,573 | 48,307 | 62,457 | 110,487 | 77,929 | 10,282 | |
40 |
62,696 | 33,728 | 33,518 | 19,020 | 24,845 | 40,079 | 29,423 | 60,444 | 30,946 | 20,941 | 18,301 | 21,931 | 22,990 | 18,235 | 11,416 | 10,521 | 10,322 | 20,459 | 18,576 | 10,282 | |
41 |
- | - | 5,016 | - | 2,890 | 19,833 | 4,504 | 69,949 | 64,906 | 6,295 | - | - | 2 | 23,444 | 35,157 | 37,786 | 52,135 | 90,028 | 59,353 | - | |
50/53 |
- | - | 12,821 | 12,821 | 12,821 | 12,821 | 12,821 | 12,821 | 12,821 | 12,821 | 12,821 | 12,821 | - | - | - | - | - | - | - | - | |
54/58 |
387,452 | 329,977 | 273,439 | 326,773 | 272,114 | 201,775 | 174,791 | 283,538 | 266,307 | 326,318 | 303,531 | 267,606 | 231,092 | 217,767 | 195,292 | 155,018 | 109,635 | 27,138 | 26,632 | 74,597 | |
490/1 |
1,277 | 1,703 | 14,032 | - | - | - | 8,555 | - | - | - | - | - | 358 | - | - | - | - | - | - | - | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
459,628 | 369,329 | 339,463 | 360,736 | 316,278 | 275,001 | 231,596 | 427,781 | 375,159 | 366,927 | 340,490 | 313,661 | 271,327 | 282,339 | 245,086 | 206,549 | 175,848 | 138,982 | 106,652 | 89,028 | |
10/15 |
310,930 | 341,699 | 293,406 | 330,464 | 293,315 | 256,254 | 220,150 | 388,878 | 357,737 | 331,355 | 303,455 | 277,640 | 248,422 | 273,546 | 238,863 | 201,792 | 159,438 | 132,804 | 100,719 | 73,178 | |
10/11 |
14,548 | 14,548 | 14,548 | 14,548 | 14,548 | 14,548 | 14,548 | 214,548 | 214,548 | 214,548 | 214,548 | 214,548 | 214,548 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
100 |
- | - | - | - | - | - | 20,698 | 220,698 | 220,698 | 220,698 | 220,698 | 220,698 | 220,698 | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | |
101 |
- | - | - | - | - | - | 6,150 | 6,150 | 6,150 | 6,150 | 6,150 | 6,150 | 6,150 | 6,150 | 6,150 | 6,150 | 6,150 | 6,150 | 6,150 | 6,150 | |
13 |
282,921 | 313,690 | 265,397 | 302,455 | 265,306 | 228,246 | 192,142 | 160,870 | 129,770 | 103,770 | 76,770 | 51,270 | 22,070 | 136,855 | 136,855 | 101,855 | 76,855 | 51,855 | 26,855 | 1,855 | |
130/1 |
22,070 | 22,070 | 22,070 | 22,070 | 22,070 | 22,070 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 22,070 | 22,070 | 22,070 | 22,070 | 22,070 | 22,070 | 22,070 | 1,855 | 1,855 | 1,855 | 1,855 | 1,855 | 1,855 | 1,855 | |
1311 |
22,070 | 22,070 | 22,070 | 22,070 | 22,070 | 22,070 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
133 |
260,851 | 291,620 | 243,328 | 280,385 | 243,236 | 206,176 | 170,072 | 138,800 | 107,700 | 81,700 | 54,700 | 29,200 | - | 135,000 | 135,000 | 100,000 | 75,000 | 50,000 | 25,000 | - | |
14 |
13,461 | 13,461 | 13,461 | 13,461 | 13,461 | 13,461 | 13,461 | 13,461 | 13,419 | 13,038 | 12,138 | 11,822 | 11,804 | 124,291 | 89,608 | 87,537 | 70,183 | 68,549 | 61,464 | 58,923 | |
17/49 |
148,699 | 27,630 | 46,057 | 30,272 | 22,963 | 18,746 | 11,446 | 38,903 | 17,422 | 35,572 | 37,036 | 36,021 | 22,905 | 8,793 | 6,223 | 4,757 | 16,410 | 6,178 | 5,933 | 15,850 | |
42/48 |
132,729 | 27,630 | 46,057 | 30,272 | 22,963 | 18,746 | 11,446 | 31,615 | 17,422 | 35,572 | 37,036 | 36,021 | 22,905 | 8,793 | 6,223 | 4,757 | 16,410 | 6,178 | 5,933 | 15,850 | |
44 |
4,674 | 14,561 | 6,410 | 1,632 | 6,861 | 5,617 | 3,007 | 15,663 | 1,140 | 206 | 1,864 | 2,562 | - | 2,566 | 1,584 | 413 | 11,436 | 1,614 | 1,450 | 3,845 | |
440/4 |
4,674 | 14,561 | 6,410 | 1,632 | 6,861 | 5,617 | 3,007 | 15,663 | 1,140 | 206 | 1,864 | 2,562 | - | 2,566 | 1,584 | 413 | 11,436 | 1,614 | 1,450 | 3,845 | |
45 |
37,932 | 12,623 | 39,509 | 19,905 | 6,065 | 643 | 1,736 | 15,953 | 16,282 | 14,008 | 19,814 | 21,024 | 3,167 | 6,226 | 4,639 | 4,344 | 4,974 | 4,564 | 4,483 | 3,338 | |
450/3 |
35,768 | 9,645 | 29,274 | 16,905 | 3,004 | 643 | 1,736 | 13,735 | 16,282 | 14,008 | 15,241 | 21,024 | - | - | - | - | - | - | - | - | |
454/9 |
2,165 | 2,978 | 10,235 | 3,000 | 3,061 | - | - | 2,218 | - | - | 4,573 | - | 3,167 | 6,226 | 4,639 | 4,344 | 4,974 | 4,564 | 4,483 | 3,338 | |
47/48 |
90,123 | 446 | 138 | 8,736 | 10,037 | 12,486 | 6,703 | - | - | 21,358 | 15,358 | 12,435 | 19,738 | 1 | - | - | - | - | - | 8,667 | |
492/3 |
15,970 | - | - | - | - | - | - | 7,288 | - | - | - | - | - | - | - | - | - | - | - | - | |
| Income statement | |||||||||||||||||||||
70 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 104,447 | |
76A |
- | - | - | 2,722 | 88 | - | - | - | - | - | 68 | 45 | - | 48 | - | - | - | - | - | 1,709 | |
9900 |
102,823 | 69,425 | 100,001 | 57,310 | 56,138 | 53,666 | 51,783 | 43,867 | 42,394 | 48,654 | 44,236 | 52,012 | 15,096 | 55,459 | 50,441 | 48,502 | 52,917 | 40,368 | 41,878 | 52,726 | |
60/61 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 51,721 | |
62 |
787 | 387 | - | - | 348 | 348 | 348 | 348 | 348 | 700 | 348 | 348 | 348 | 348 | 348 | 348 | 348 | 348 | 348 | 348 | |
630 |
703 | 1,072 | 1,485 | 1,485 | 1,979 | 1,008 | 1,008 | 694 | 374 | 5,630 | 6,047 | 6,781 | 7,607 | 7,929 | 3,552 | 2,369 | 2,142 | 1,948 | 3,215 | 2,829 | |
640/8 |
450 | 383 | 335 | 3,131 | 372 | 185 | 357 | 149 | 360 | 339 | 278 | 269 | 374 | 283 | 276 | 273 | 227 | 313 | 315 | 176 | |
66A |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 496 | |
9901 |
100,882 | 67,583 | 98,181 | 52,694 | 53,440 | 52,126 | 50,070 | 42,676 | 41,313 | 41,985 | 37,563 | 44,614 | 6,767 | 46,899 | 46,265 | 45,512 | 50,200 | 37,759 | 38,000 | 49,373 | |
75/76B |
0 | 84 | 0 | - | - | 42 | - | 42 | 84 | 18 | 35 | 26 | 13 | 225 | 970 | 34 | 138 | 277 | 564 | 328 | |
75 |
0 | 84 | 0 | - | - | 42 | - | 42 | 84 | 18 | 35 | 26 | 13 | 225 | 970 | 34 | 138 | 277 | 564 | 328 | |
65/66B |
211 | 186 | 183 | 137 | 138 | 64 | 49 | 64 | 49 | 94 | 77 | 73 | 190 | 342 | 164 | 242 | 118 | 102 | 50 | 105 | |
65 |
211 | 186 | 183 | 137 | 138 | 64 | 49 | 64 | 49 | 94 | 77 | 73 | 190 | 342 | 164 | 242 | 118 | 102 | 50 | 105 | |
9903 |
100,671 | 67,481 | 97,998 | 52,557 | 53,303 | 52,104 | 50,021 | 42,654 | 41,348 | 41,908 | 37,588 | 44,612 | 6,590 | 46,830 | 47,071 | 45,304 | 50,220 | 37,934 | 38,514 | 50,809 | |
67/77 |
32,964 | 19,189 | 27,356 | 15,408 | 16,242 | 16,000 | 18,749 | 11,512 | 14,967 | 14,008 | 11,773 | 15,394 | 9,254 | 12,147 | 10,000 | 2,950 | 23,586 | 5,849 | 10,973 | 12,949 | |
9904 |
67,707 | 48,292 | 70,642 | 37,149 | 37,060 | 36,104 | 31,272 | 31,142 | 26,381 | 27,900 | 25,815 | 29,218 | -2,664 | 34,683 | 37,071 | 42,354 | 26,634 | 32,085 | 27,541 | 37,860 | |
9905 |
67,707 | 48,292 | 70,642 | 37,149 | 37,060 | 36,104 | 31,272 | 31,142 | 26,381 | 27,900 | 25,815 | 29,218 | -2,664 | 34,683 | 37,071 | 42,354 | 26,634 | 32,085 | 27,541 | 37,860 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
81,168 | 61,753 | 84,104 | 50,610 | 50,521 | 49,565 | 44,733 | 44,561 | 39,419 | 40,038 | 37,638 | 41,022 | 121,627 | 124,291 | 124,608 | 112,537 | 95,183 | 93,549 | 86,464 | 58,923 | |
14P |
13,461 | 13,461 | 13,461 | 13,461 | 13,461 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
98,476 | - | 107,700 | - | - | - | - | - | - | - | - | - | 135,000 | - | - | - | - | - | - | - | |
691/2 |
67,707 | 48,292 | 70,642 | 37,149 | 37,060 | 36,104 | 31,272 | 31,100 | 26,000 | 27,000 | 25,500 | 29,200 | 20,215 | - | 35,000 | 25,000 | 25,000 | 25,000 | 25,000 | - | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | 20,215 | - | - | - | - | - | - | - | |
6921 |
67,707 | 48,292 | 70,642 | 37,149 | 37,060 | 36,104 | 31,272 | 31,100 | 26,000 | 27,000 | 25,500 | 29,200 | - | - | 35,000 | 25,000 | 25,000 | 25,000 | 25,000 | - | |
694/7 |
98,476 | - | 107,700 | - | - | - | - | - | - | - | - | - | 224,608 | - | - | - | - | - | - | - | |
694 |
98,476 | - | 107,700 | - | - | - | - | - | - | - | - | - | 224,608 | - | - | - | - | - | - | - | |
| Document | |||||||||||||||||||||
The accounts for financial year 2005 were filed as a document without figures as data, a scan for example.
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 2025 at the NBB, filed on 22-06-2026.
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 | 22-06-2026 | 2026-00186530 | |
| 31-12-2024 | micro format | 16-07-2025 | 2025-00279457 | |
| 31-12-2023 | micro format | 21-08-2024 | 2024-00358077 | |
| 31-12-2022 | micro format | 09-08-2023 | 2023-00320415 | |
| 31-12-2021 | micro format | 27-06-2022 | 2022-20094754 | |
| 31-12-2020 | micro format | 08-07-2021 | 2021-32700185 | |
| 31-12-2019 | micro format | 11-06-2020 | 2020-16100529 | |
| 31-12-2018 | micro format | 05-06-2019 | 2019-16100086 | |
| 31-12-2017 | micro format | 12-06-2018 | 2018-17900236 | |
| 31-12-2016 | micro format | 17-07-2017 | 2017-32300165 | |
| 31-12-2015 | abbreviated format | 06-06-2016 | 2016-15600286 | |
| 31-12-2014 | abbreviated format | 29-06-2015 | 2015-23500416 | |
| 31-12-2013 | abbreviated format | 17-06-2014 | 2014-18400372 | |
| 31-12-2012 | abbreviated format | 17-06-2013 | 2013-18400098 | |
| 31-12-2011 | abbreviated format | 28-06-2012 | 2012-22800427 | |
| 31-12-2010 | abbreviated format | 05-07-2011 | 2011-26200067 | |
| 31-12-2009 | abbreviated format | 10-06-2010 | 2010-16300349 | |
| 31-12-2008 | abbreviated format | 08-06-2009 | 2009-19800129 | |
| 31-12-2007 | abbreviated format | 09-06-2008 | 2008-19900194 | |
| 31-12-2006 | abbreviated format | 07-06-2007 | 2007-20000238 | |
| 31-12-2005 | abbreviated format | 12-06-2006 | 2006-23003173 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 101,585 | 68,655 | 99,666 | 54,179 | 55,419 | 53,134 | 51,079 | 43,370 | 41,687 | 47,614 | 43,610 | 51,395 | 14,374 | 54,828 | 49,817 | 47,881 | 52,342 | 39,707 | 41,215 | 52,202 | ||
| 68,410 | 49,365 | 72,128 | 38,634 | 39,039 | 37,112 | 32,280 | 31,836 | 26,755 | 33,530 | 31,862 | 35,999 | 4,943 | 42,612 | 40,623 | 44,723 | 28,776 | 34,033 | 30,756 | 40,689 | ||
| 4,985 | 4,357 | 0 | 0 | 5,092 | 0 | 1,481 | 1,544 | 0 | 346 | 581 | 1,199 | 1,599 | 27,601 | 3,549 | 1,837 | 4,542 | 1,214 | 1,157 | 3,959 | ||
| 57,475 | 56,538 | -53,334 | 54,659 | 70,339 | 26,984 | -108,747 | 17,232 | -60,011 | 22,786 | 35,925 | 36,514 | 13,325 | 22,475 | 40,274 | 45,383 | 82,497 | 506 | -47,965 | - | ||
| 318,697 | 337,778 | 292,770 | 328,342 | 289,708 | 255,761 | 218,649 | 395,137 | 357,557 | 330,802 | 297,618 | 266,337 | 231,537 | 250,653 | 235,642 | 198,568 | 155,682 | 131,447 | 98,628 | 69,029 | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 47.3% | ||
| 67.6% | 92.5% | 86.4% | 91.6% | 92.7% | 93.2% | 95.1% | 90.9% | 95.4% | 90.3% | 89.1% | 88.5% | 91.6% | 96.9% | 97.5% | 97.7% | 90.7% | 95.6% | 94.4% | 82.2% | ||
| 3.40 | 13.22 | 7.36 | 11.85 | 13.62 | 14.64 | 20.10 | 13.50 | 21.52 | 10.30 | 9.04 | 8.39 | 11.11 | 29.51 | 38.87 | 42.74 | 10.49 | 22.28 | 17.62 | 5.36 | ||
| 0.48 | 0.08 | 0.16 | 0.09 | 0.08 | 0.07 | 0.05 | 0.10 | 0.05 | 0.11 | 0.12 | 0.13 | 0.09 | 0.03 | 0.03 | 0.02 | 0.10 | 0.05 | 0.06 | 0.22 | ||
| 21.8% | 14.1% | 24.1% | 11.2% | 12.6% | 14.1% | 14.2% | 8.0% | 7.4% | 8.4% | 8.5% | 10.5% | -1.1% | 12.7% | 15.5% | 21.0% | 16.7% | 24.2% | 27.3% | 51.7% | ||
| 14.7% | 13.1% | 20.8% | 10.3% | 11.7% | 13.1% | 13.5% | 7.3% | 7.0% | 7.6% | 7.6% | 9.3% | -1.0% | 12.3% | 15.1% | 20.5% | 15.1% | 23.1% | 25.8% | 42.5% | ||
| over 100 | over 100 | over 100 | over 100 | over 100 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 36 days | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 27 days |
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 | €4,985 | €4,357 | - | - | €5,092 |
| €703 | €1,072 | €1,485 | €1,485 | €1,979 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on Codewise
The operating result for 2025 is 49% higher than in 2024 and the highest since 2006. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total rises from 7.5% to 32.4%. Equity is lower and debt is higher.