CODEWORKS
Annual accounts 2024
micro format, filed on 27-10-2025, 88 days late2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 10 November 2026.
The turnover shown is an estimate from the gross margin.
Turnover ≈ €330,000. Estimated: probably between €170,000 and €780,000.
Amounts without an identifiable currency are taken as euros.
Money flows
no detail for 2024Balance sheet
balance sheet total €169,948 on 31-12-2024in euro
in euro
Position in the sector
58.2%
Higher than 65% of 15,428 companies in 2024.
2.76
Higher than 69% of 14,730 companies in 2024.
35.2%
Higher than 93% of 14,947 companies in 2024.
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 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||||
20/58 |
169,948 | 114,050 | 85,179 | 95,998 | 88,164 | 95,656 | 98,584 | 80,664 | 72,412 | 63,962 | 349,148 | 401,256 | 374,053 | 372,365 | 319,794 | 76,190 | 58,312 | 66,022 | 47,935 | |
21/28 |
6,302 | 25,194 | 13,465 | 22,621 | 11,490 | 13,523 | 21,451 | 11,082 | 3,218 | 6,293 | 329,482 | 338,347 | 315,654 | 272,304 | 234,111 | 29,713 | 18,772 | 25,011 | 30,075 | |
21 |
- | - | - | 0 | - | - | - | - | - | 468 | 2,338 | 4,208 | 6,078 | 7,948 | 9,818 | 11,688 | 13,558 | 15,428 | 17,298 | |
22/27 |
3,034 | 21,926 | 10,197 | 19,353 | 8,222 | 10,255 | 18,183 | 7,814 | 2,350 | 4,958 | 326,516 | 333,512 | 308,948 | 263,729 | 223,666 | 17,826 | 5,014 | 9,384 | 12,778 | |
22 |
- | - | - | - | - | - | - | - | - | - | 184,542 | 190,633 | 196,725 | 202,817 | 208,908 | - | - | - | - | |
23 |
- | - | - | - | - | - | - | - | - | - | 116,570 | 119,235 | 99,435 | 49,687 | - | - | - | - | - | |
24 |
2,034 | 20,926 | 9,197 | 18,353 | 7,222 | 9,255 | 17,183 | 6,814 | 1,350 | 3,958 | 11,855 | 10,093 | 6,613 | 7,226 | 10,758 | 13,826 | 1,014 | 9,384 | 12,778 | |
26 |
1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 13,551 | 13,551 | 6,176 | 4,000 | 4,000 | 4,000 | 4,000 | - | - | |
28 |
3,268 | 3,268 | 3,268 | 3,268 | 3,268 | 3,268 | 3,268 | 3,268 | 868 | 868 | 628 | 628 | 628 | 628 | 628 | 200 | 200 | 200 | - | |
29/58 |
163,646 | 88,855 | 71,714 | 73,378 | 76,674 | 82,133 | 77,133 | 69,583 | 69,194 | 57,669 | 19,666 | 62,909 | 58,399 | 100,060 | 85,682 | 46,477 | 39,541 | 41,010 | 17,860 | |
29 |
24,921 | 24,921 | 24,921 | 24,921 | 24,921 | 24,921 | 31,631 | 32,716 | 37,691 | 32,000 | - | - | - | - | - | - | - | - | - | |
290 |
24,921 | 24,921 | 24,921 | 24,921 | 24,921 | 24,921 | 31,631 | 32,716 | 37,691 | 32,000 | - | - | - | - | - | - | - | - | - | |
40/41 |
62,293 | 29,787 | 9,375 | 11,342 | 7,051 | 14,726 | 22,931 | 33,554 | 30,283 | 23,589 | 19,666 | 45,741 | 54,594 | 97,800 | 74,357 | 32,658 | 28,111 | 11,483 | 11,784 | |
40 |
10,275 | 200 | 200 | 5,970 | 4,873 | 12,625 | 21,494 | 26,180 | 26,180 | 14,675 | 19,262 | 25,308 | 54,594 | 75,598 | 60,837 | 22,938 | 12,818 | 11,483 | 11,123 | |
41 |
52,018 | 29,587 | 9,175 | 5,372 | 2,178 | 2,101 | 1,437 | 7,374 | 4,102 | 8,914 | 404 | 20,433 | - | 22,202 | 13,520 | 9,721 | 15,293 | - | 661 | |
50/53 |
- | - | - | - | - | - | - | - | 1,123 | - | - | - | - | - | - | - | - | - | - | |
54/58 |
76,432 | 34,147 | 37,419 | 37,114 | 44,702 | 34,932 | 22,571 | 3,312 | - | 1,554 | - | 17,168 | 1,252 | 2,261 | 11,217 | 13,797 | 11,420 | 29,523 | 6,076 | |
490/1 |
- | - | - | - | - | 7,554 | - | - | 98 | 526 | - | - | 2,553 | - | 109 | 21 | 10 | 4 | - | |
| Balance sheet: equity and liabilities | ||||||||||||||||||||
10/49 |
169,948 | 114,050 | 85,179 | 95,998 | 88,164 | 95,656 | 98,584 | 80,664 | 72,412 | 63,962 | 349,148 | 401,256 | 374,053 | 372,365 | 319,794 | 76,190 | 58,312 | 66,022 | 47,935 | |
10/15 |
98,858 | 69,065 | 56,195 | 54,107 | 54,852 | 54,171 | 47,197 | 49,479 | 57,728 | 46,465 | 37,109 | 68,902 | 56,559 | 62,537 | 42,797 | 45,224 | 30,528 | 36,081 | 15,671 | |
10/11 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
10 |
- | - | - | 6,200 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
- | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
13 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
130/1 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
14 |
90,798 | 61,005 | 48,135 | 46,047 | 46,792 | 46,111 | 39,137 | 41,419 | 49,668 | 38,405 | 29,049 | 60,842 | 48,499 | 54,477 | 34,737 | 37,164 | 22,468 | 28,021 | 7,611 | |
17/49 |
71,090 | 44,985 | 28,984 | 41,892 | 33,312 | 41,485 | 51,387 | 31,185 | 14,685 | 17,498 | 312,039 | 332,354 | 317,494 | 309,828 | 276,997 | 30,966 | 27,784 | 29,941 | 32,264 | |
17 |
11,816 | 19,214 | 3,419 | 9,173 | - | - | - | - | - | - | 277,946 | 268,510 | 280,823 | 276,525 | 228,544 | 15,166 | 8,570 | 3,272 | 6,579 | |
170/4 |
11,816 | 19,214 | 3,419 | 9,173 | - | - | - | - | - | - | 277,946 | 268,510 | 280,823 | 276,525 | 228,544 | 15,166 | 8,570 | 3,272 | 6,579 | |
42/48 |
59,274 | 25,771 | 25,565 | 32,719 | 33,312 | 41,485 | 51,000 | 30,799 | 14,298 | 16,798 | 33,085 | 63,844 | 36,671 | 33,270 | 48,453 | 15,800 | 18,660 | 26,669 | 25,492 | |
42 |
7,398 | 7,037 | 7,419 | 30,055 | 27,777 | 31,122 | 34,466 | 30,601 | - | - | 10,667 | 12,138 | 14,277 | 16,534 | 14,962 | 7,411 | 6,448 | 3,307 | 4,464 | |
43 |
- | - | - | - | - | - | - | - | 1,949 | - | 3,515 | - | - | 2,140 | - | - | - | - | - | |
430/8 |
- | - | - | - | - | - | - | - | 1,949 | - | 3,515 | - | - | 2,140 | - | - | - | - | - | |
44 |
10,139 | 6,972 | 9,784 | 220 | 131 | - | 16,050 | - | 364 | 626 | 2,072 | 22,598 | 11,216 | 3,827 | 2,827 | 1,021 | 1,528 | 533 | 1,231 | |
440/4 |
10,139 | 6,972 | 9,784 | 220 | 131 | - | 16,050 | - | 364 | 626 | 2,072 | 22,598 | 11,216 | 3,827 | 2,827 | 1,021 | 1,528 | 533 | 1,231 | |
46 |
- | - | - | - | - | - | - | - | - | 6,199 | - | 12,524 | - | - | - | 1,596 | 303 | - | - | |
45 |
20,738 | 11,763 | 8,363 | 2,444 | 5,404 | 2,809 | 484 | 197 | 3,918 | - | 3,450 | 16,584 | 7,498 | 10,768 | 4,664 | 5,772 | 10,082 | 21,313 | 3,545 | |
450/3 |
20,738 | 11,763 | 8,363 | 2,444 | 5,404 | 2,809 | 484 | 197 | 3,918 | - | 3,450 | 16,584 | 7,498 | 10,768 | 4,664 | 5,772 | 10,082 | 21,313 | 3,545 | |
47/48 |
21,000 | - | - | - | - | 7,554 | - | - | 8,067 | 9,973 | 13,381 | - | 3,680 | - | 26,000 | - | 299 | 1,516 | 16,253 | |
492/3 |
- | - | - | - | - | - | 387 | 387 | 387 | 700 | 1,008 | - | - | 33 | - | - | 554 | - | 193 | |
| Income statement | ||||||||||||||||||||
70 |
- | - | - | - | - | - | - | - | - | 27,014 | 52,977 | 111,727 | 87,640 | 103,054 | 116,688 | 77,315 | 45,150 | 82,675 | 47,400 | |
76A |
15,619 | - | - | - | - | - | - | - | - | 62,048 | 1,800 | 50 | - | - | 1,596 | - | - | - | - | |
9900 |
71,596 | 32,291 | 12,274 | 18,601 | 21,846 | 19,631 | 9,914 | -5,057 | 20,151 | -8,886 | 5,209 | 72,075 | 42,144 | 52,094 | 71,466 | 29,053 | 9,831 | 35,831 | 19,805 | |
60/61 |
- | - | - | - | - | - | - | - | - | 35,899 | 47,767 | 41,398 | 45,496 | 53,307 | 46,642 | 49,927 | 36,049 | 48,275 | 28,998 | |
630 |
3,254 | 10,227 | 8,971 | 5,652 | 8,400 | 7,928 | 6,490 | 2,789 | 3,075 | 4,926 | 23,860 | 24,911 | 28,307 | 18,335 | 40,362 | 7,307 | 3,885 | 6,709 | 5,570 | |
631/4 |
- | - | -7,125 | - | - | - | - | - | - | 7,125 | - | 2,700 | - | - | 2,700 | - | - | - | - | |
640/8 |
4,694 | 232 | 2,027 | 456 | 839 | - | 5,139 | - | 1,110 | 9,496 | 150 | - | 1,951 | - | 3,410 | - | 1,605 | - | 701 | |
66A |
- | 7,682 | - | - | - | - | - | - | - | - | 160 | 220 | 306 | - | 50 | - | 80 | 340 | - | |
9901 |
63,648 | 14,150 | 8,401 | 12,493 | 12,607 | 11,702 | -1,715 | -7,845 | 15,965 | -30,434 | -18,800 | 44,465 | 11,887 | 33,759 | 24,994 | 21,746 | 4,341 | 29,122 | 13,534 | |
75/76B |
- | - | - | 0 | - | - | 1 | - | - | 855 | 6 | 19 | 2,508 | 1,515 | 1,091 | 524 | 174 | 87 | 56 | |
75 |
- | - | - | 0 | - | - | 1 | - | - | 855 | 6 | 19 | 2,508 | 1,515 | 1,091 | 524 | 174 | 87 | 56 | |
65/66B |
1,408 | 1,280 | 534 | 369 | 162 | 1,119 | 281 | 207 | 713 | 16,552 | 14,638 | 13,742 | 14,597 | 10,532 | 4,486 | 1,573 | 1,235 | 834 | 566 | |
65 |
1,408 | 1,280 | 534 | 369 | 162 | 1,119 | 281 | 207 | 713 | 16,552 | 14,638 | 13,742 | 14,597 | 10,532 | 4,486 | 1,573 | 1,235 | 834 | 566 | |
9903 |
62,240 | 12,870 | 7,867 | 12,123 | 12,445 | 10,583 | -1,995 | -8,052 | 15,253 | 15,917 | -31,792 | 30,572 | -508 | 24,742 | 23,145 | 20,698 | 3,200 | 28,035 | 13,025 | |
67/77 |
2,447 | - | 5,779 | 12,869 | 11,765 | 3,608 | 287 | 197 | 3,990 | 6,562 | - | 18,230 | 5,469 | 5,002 | -428 | 6,002 | 753 | 7,625 | 3,553 | |
9904 |
59,793 | 12,870 | 2,088 | -746 | 681 | 6,974 | -2,282 | -8,249 | 11,263 | 9,356 | -31,792 | 12,342 | -5,977 | 19,740 | 23,573 | 14,696 | 2,447 | 20,409 | 9,471 | |
9905 |
59,793 | 12,870 | 2,088 | -746 | 681 | 6,974 | -2,282 | -8,249 | 11,263 | 9,356 | -31,792 | 12,342 | -5,977 | 19,740 | 23,573 | 14,696 | 2,447 | 20,409 | 9,471 | |
| Appropriation of the result | ||||||||||||||||||||
9906 |
120,798 | 61,005 | 48,135 | 46,047 | 46,792 | 46,111 | 39,137 | 41,419 | 49,668 | 38,405 | 29,049 | 60,842 | 48,499 | 54,477 | 60,737 | 37,164 | 30,468 | 28,021 | 9,471 | |
14P |
61,005 | 48,135 | 46,047 | 46,792 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,860 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,860 | |
694/7 |
30,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | 26,000 | - | 8,000 | - | - | |
694 |
30,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | 26,000 | - | 8,000 | - | - | |
| 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 filed accounts (PDF).
Source: Annual accounts 2024 (PDF), filed on 27-10-2025.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | micro format | 27-10-2025 | 2025-00559783 | |
| 31-12-2023 | micro format | 13-11-2024 | 2024-00600059 | |
| 31-12-2022 | micro format | 21-08-2023 | 2023-00337095 | |
| 31-12-2021 | full format | 31-08-2022 | 2022-20396615 | |
| 31-12-2020 | full format | 30-06-2021 | 2021-29200477 | |
| 31-12-2019 | full format | 27-07-2020 | 2020-36100046 | |
| 31-12-2018 | full format | 12-07-2019 | 2019-34100125 | |
| 31-12-2017 | full format | 22-07-2018 | 2018-38400359 | |
| 31-12-2016 | full format | 23-08-2017 | 2017-46600448 | |
| 31-12-2015 | full format | 06-07-2016 | 2016-28600281 | |
| 31-12-2014 | full format | 22-07-2015 | 2015-33700205 | |
| 31-12-2013 | full format | 18-07-2014 | 2014-32500332 | |
| 31-12-2012 | full format | 30-08-2013 | 2013-55500226 | |
| 31-12-2011 | full format | 28-08-2012 | 2012-48700105 | |
| 31-12-2010 | full format | 31-08-2011 | 2011-50300546 | |
| 31-12-2009 | full format | 31-08-2010 | 2010-52300400 | |
| 31-12-2008 | full format | 31-08-2009 | 2009-71000192 | |
| 31-12-2007 | full format | 13-08-2008 | 2008-56400280 | |
| 31-12-2006 | full format | 06-09-2007 | 2007-71700159 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 66,902 | 24,377 | 17,372 | 18,145 | 21,007 | 19,631 | 4,775 | -5,057 | 19,041 | -25,507 | 5,059 | 69,375 | 40,194 | 52,094 | 65,356 | 29,053 | 8,226 | 35,831 | 19,104 | ||
| 63,047 | 23,097 | 11,059 | 4,907 | 9,081 | 14,903 | 4,208 | -5,460 | 14,338 | 14,282 | -7,933 | 37,253 | 22,329 | 38,075 | 63,935 | 22,003 | 6,332 | 27,119 | 15,042 | ||
| 1,321 | 29,639 | 267 | 19,755 | 6,367 | 0 | 16,860 | 10,652 | 0 | 240 | 14,995 | 47,604 | 71,656 | 56,528 | 244,760 | 18,248 | 4,000 | 1,645 | 35,646 | ||
| 42,285 | -3,271 | 304 | -7,588 | 9,770 | 12,361 | 19,259 | - | - | - | - | 15,915 | -1,008 | -8,956 | -2,581 | 2,378 | -18,103 | 23,447 | - | ||
| 104,371 | 63,084 | 46,149 | 40,659 | 43,362 | 40,648 | 26,132 | 38,784 | 54,896 | 40,871 | -13,419 | -936 | 21,728 | 66,790 | 37,230 | 30,677 | 20,880 | 14,341 | -7,632 | ||
| - | - | - | - | - | - | - | - | - | - | -35.5% | 39.8% | 13.6% | 32.8% | 21.4% | 28.1% | 9.6% | 35.2% | 28.6% | ||
| 58.2% | 60.6% | 66.0% | 56.4% | 62.2% | 56.6% | 47.9% | 61.3% | 79.7% | 72.6% | 10.6% | 17.2% | 15.1% | 16.8% | 13.4% | 59.4% | 52.4% | 54.6% | 32.7% | ||
| 2.76 | 3.45 | 2.81 | 2.24 | 2.30 | 1.98 | 1.51 | 2.26 | 4.84 | 3.43 | 0.59 | 0.99 | 1.59 | 3.01 | 1.77 | 2.94 | 2.12 | 1.54 | 0.70 | ||
| 0.72 | 0.65 | 0.52 | 0.77 | 0.61 | 0.77 | 1.09 | 0.63 | 0.25 | 0.38 | 8.41 | 4.82 | 5.61 | 4.95 | 6.47 | 0.68 | 0.91 | 0.83 | 2.06 | ||
| 60.5% | 18.6% | 3.7% | -1.4% | 1.2% | 12.9% | -4.8% | -16.7% | 19.5% | 20.1% | -85.7% | 17.9% | -10.6% | 31.6% | 55.1% | 32.5% | 8.0% | 56.6% | 60.4% | ||
| 35.2% | 11.3% | 2.5% | -0.8% | 0.8% | 7.3% | -2.3% | -10.2% | 15.6% | 14.6% | -9.1% | 3.1% | -1.6% | 5.3% | 7.4% | 19.3% | 4.2% | 30.9% | 19.8% | ||
| 47.52 | 19.04 | 32.52 | 49.15 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||
| - | - | - | - | - | - | - | - | - | 198 days | 133 days | 83 days | 227 days | 268 days | 190 days | 108 days | 104 days | 51 days | 86 days | ||
| - | - | - | - | - | - | - | - | - | 6 days | 16 days | 199 days | 90 days | 26 days | 22 days | 7 days | 15 days | 4 days | 15 days |
EBIT margin: not included in this filing.
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 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Tangible fixed assets | €1,321 | €29,639 | €267 | €19,755 |
| €3,254 | €10,227 | €8,971 | €5,652 |
Source: notes to the 2021 to 2024 annual accounts (statement of fixed assets)
Insights on CODEWORKS
The operating result for 2024 is 4.5 times that of 2023 and the highest since 2006. It is the second rise in a row, after the fall in 2022.
Debt's share of the balance-sheet total rises from 39.4% to 41.8%. Equity and debt are higher.