Position in the sector
€88,517
Higher net result than 90% of companies in computer programming and consultancy. Sector median €28,568 · 21,214 companies.
CODEX777
Overview
Lifetime
1 annual account with figurespeak €131,513 (2025)
€131,513
peak €88,517 (2025)
€88,517
peak €95,200 (2025)
€95,200
€30,078
Board1 name since 2024
1 directorCHEMRAH Iliass
Documentsfilings and deeds
24-07-20267 days before the deadline
2025micro format
First year with figures
Key points
from the 2025 annual accountsChecked score
98
Excellent
Financially stronger than 82% 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 25,932 companies (NACE 62, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
08-2025: 0.4%
09-2025: 0.4%● unchanged vs 08-2025
10-2025: 0.4%● unchanged vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.5%▲ +0.1 percentage points vs 11-2025
01-2026: 0.5%● unchanged vs 12-2025
02-2026: 0.5%● unchanged vs 01-2026
03-2026: 0.6%▲ +0.1 percentage points vs 02-2026
04-2026: 0.6%● unchanged vs 03-2026
05-2026: 0.6%● unchanged vs 04-2026
06-2026: 0.6%● unchanged vs 05-2026
07-2026: 0.6%● unchanged vs 06-2026highest value
08-2026: < 0.1%▼ -0.6 percentage points vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026lowest value
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 2.23, cash €66,071
Equity €95,200 (76.0% of total assets)
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 85% of them on solvency, 79% on liquidity and 82% on profitability.
The bankruptcy probability was computed on 09-11-2026 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 CODEX777 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 CODEX777 itself is lower: < 0.1% within 12 months. It rests on far more data about CODEX777 than the profile alone.
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.
| 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 CODEX777. 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 €9,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity is ample, with a current ratio of 2.23, above the usual 1.5. Short-term debt is 24% and cash 52.7% of total assets. 24% 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 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 24-07-2026, 7 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
7 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1011260236
Incorporation
Founder: CHEMRAH Iliass · 100 shares · Appointment: CHEMRAH Iliass (director) · published on 10-07-2024 · Gazette deed
First establishment
Openveldstraat 10, Berchem-Sainte-Agathe
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CODEX777 Berchem-Sainte-Agathe | €125,278 | €110,271 | 76.0% | - |
| Leka Consulting Brussels | €133,291 | €104,360 | 72.6% | - |
| HILL VALLEY RIDGE Schaerbeek | €115,826 | €103,632 | 55.1% | - |
| LBTechConsult Evere | €131,966 | €125,794 | 76.3% | - |
| UXWORKS Brussels | €125,496 | €127,063 | 73.0% | - |
| DWTECH Anderlecht | €127,616 | €104,986 | 65.2% | - |
| ADIRAL GLOBAL Schaerbeek | €136,112 | €96,666 | 60.0% | - |
These companies have the same main activity as CODEX777: computer programming (NACE 62100). They are comparable in size and age: total assets between €116,000 and €136,000, founded in 2024.
Official details
Source: KBO- Status
- Active since 05-07-2024Normal situation
- Activity
- Computer programmingNACE 62100and 2 others
- Establishment unit
- 2.373.539.1241082 Berchem-Sainte-Agathe, since 05-07-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 10-11-2025
Annual accounts 2025
- €131,513
- €88,517
- €95,200
- €125,278
- Filing
- Filed on 24-07-2026, 7 days before the end of the filing period
Insights on CODEX777
CODEX777 has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €95,200 and a net result of €88,517.
Its solvency ranks better than 69% of 21,208 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.
Financials
Annual accounts 2025
micro format, filed on 24-07-2026, 7 days before the deadline€131,513
€110,271
-
-
76.0%
2.23
Money flows
of every €100 of turnover, €67.31 remains as profit in 2025Balance sheet
balance sheet total €125,278 on 31-12-2025What the company ownsHow it is paid for
Position in the sector
76.0%
Higher than 69% of 21,208 companies in 2025.
2.23
Higher than 47% of 20,571 companies in 2025.
70.7%
Higher than 95% of 20,746 companies in 2025.
CODEX777
Middle half of the sector
80% of the sector
Micro accounts in computer programming and consultancy (NACE 62)
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 | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
125,278 | |
21/28 |
58,254 | |
28 |
58,254 | |
29/58 |
67,024 | |
40/41 |
953 | |
40 |
953 | |
54/58 |
66,071 | |
| Balance sheet: equity and liabilities | ||
10/49 |
125,278 | |
10/15 |
95,200 | |
10/11 |
4,000 | |
12 |
2,682 | |
14 |
88,517 | |
17/49 |
30,078 | |
42/48 |
30,078 | |
43 |
30,076 | |
430/8 |
30,076 | |
45 |
0 | |
454/9 |
0 | |
47/48 |
2 | |
| Income statement | ||
70 |
131,513 | |
9900 |
110,271 | |
60/61 |
21,241 | |
9901 |
110,271 | |
75/76B |
840 | |
75 |
840 | |
65/66B |
197 | |
65 |
197 | |
9903 |
110,915 | |
67/77 |
22,397 | |
9904 |
88,517 | |
9905 |
88,517 | |
| Appropriation of the result | ||
9906 |
88,517 | |
| Document | ||
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 24-07-2026.
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 | 24-07-2026 | 2026-00331731 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 |
|---|---|---|
| 55,572 | ||
| 36,946 | ||
| 83.8% | ||
| 76.0% | ||
| 2.23 | ||
| 0.32 | ||
| 93.0% | ||
| 70.7% | ||
| 3 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 |
|---|---|
| Financial fixed assets | €55,572 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Insights on CODEX777
Debt's share of the balance-sheet total is 24.0%.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
appointed by deed of 10-07-2024
term without a fixed end
Mandates through the years
1 name, the dashed line is todayCHEMRAH Iliass
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- CHEMRAH Iliass
- Director (not named in the articles), appointed by deed of 10-07-2024, still in office
Control
Capital
- Contribution
- €4,000
- Shares
- 100
- Contribution per share
- €40
- Equity per share
- €952 in 2025
- Source
- 2025 annual accounts
Articles of association
deed of 10-07-2024 (in French)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director“Assemblée qui nomme fixe nombre,durée et en cas de pluralité pouvoirs, personnes physiques ou morales,actionnaires ou non”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Monday of June at 18:00
Shareholders
At incorporation
deed of 10-07-2024 ↗
- CHEMRAH Iliass 100 shares (100%) · in cash
Network & group
No group
CODEX777 has no parent and no holdings in its annual accounts. CHEMRAH Iliass is the only director. CODEX777 shares no director with another company.
The LEI register names no parent.
At the same address
Openveldstraat 10, 1082 Berchem-Sainte-Agathe · 2 other companies| CS CONSTRUCTIONS
establishment since 22-11-2017 · founded in 2017 · accounts filed late |
total assets €322,918 (2024) 0678.588.838 |
| POWER GYPS
establishment since 20-01-2023 · founded in 2023 |
total assets €40,719 (2025) 0797.455.410 |
Timeline
Timeline
4 events since 2024Filings
Establishments
202420252026
2026
Annual accounts 2025 filed NBBmicro format · 7 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:1011260236
2024
IncorporationFounder: CHEMRAH Iliass · 100 shares · Appointment: CHEMRAH Iliass (director) · published on 10-07-20243 points ▸
- Founder, CHEMRAH Iliass
- 100 shares
- Director appointment, CHEMRAH Iliass (director (not named in the articles))
First establishment Openveldstraat 10, Berchem-Sainte-Agathe
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Identity
- Enterprise number
- 1011.260.236
- VAT number
- BE 1011.260.236
- Peppol ID
- 0208:1011260236
- Other Peppol ID
- 9925:BE1011260236
- LEI code
- 2549005FRTIAYJ0XU527 live in the LEI register
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 05-07-2024
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Monday of June at 18:00deed of 10-07-2024 (in French)
- Peppol
- Reachable since 10-11-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- CODEX777 in French
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 10-07-2024 (in French)
- Name clauseThe company operates under this name according to its articles.
- CODEX777deed of 10-07-2024 (in French)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Rue Openveld 10 boîte 4, 1082 Berchem-Sainte-Agathe”deed of 10-07-2024 (in French)
Activities
NACEBEL 202562100
Computer programming main activity
Codes under NACEBEL 2008
62010
Computer programming, consultancy and related activities main activity
62020
IT consultancy
62090
Computer programming, consultancy and related activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “La programmation informatique,le consulting,la gestion d’installation informatique,le traitement des données,l’hébergement et activités…”deed of 10-07-2024 (in French)
15 activities
- La programmation informatique,le consulting,la gestion d’installation informatique,le traitement des données,l’hébergement et activités connexes.
- Création et gestion des portails et sites informatiques
- Création et développement des solutions informatiques
- Commercialisation de tous produit en relation avec l'IT et l'IA.
- Services de consultance,audit,étude,recherche de solutions en matériels informatiques,périphériques et logiciels.
- Services d'assistance à la mise en œuvre de matériels et logiciels.
- Organisation de séminaires et formations relatifs à l’utilisation de l’outil informatique et de ses périphériques ainsi tout logiciel,commercialisé ou non par la société.
- Conseils et formations relatifs à l’utilisation de l’outil informatique auprès de particuliers,d’indépendants,d’A.S.B.L.ou P.M.E.,etcetera.
- Import-export,achat et vente d’ordinateurs,de matériel informatique et électronique,composants électroniques,GSM et accessoires.
- L'installation,la configuration,l'entretien,la réparation et le dépannage de ce matériel.
- Services d'encodage,de traitement et de stockage des données.
- Création et maintenance de sites web.
- La commercialisation,le montage,l’installation,la configuration et la maintenance de matériel informatique et périphériques et de solutions logicielles.
- Mise à disposition de personnel pour des clients,outsourcing par les clients.
- Tout acte en général,ayant trait à l’outil informatique et à son usage.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Openveldstraat 10 registered office 1082 Berchem-Sainte-Agathe | 05-07-2024 | 2.373.539.124 |
Buildings and parcels at the address
- Ground area
- 413 m²
- Buildings
- 177 m²
- Volume, LiDAR
- 2,416 m³
- Tallest building
- 16.3 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21342B0087/00P010 | 413 m² | 1 · 177 m² | 16.2 m · 5 |