CODIGO
ActiveSummary
CODIGO has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €351k and a net result of €111k. Equity is growing by ~28.4% per year across the filed fiscal years. Its solvency ranks better than 87% of 7750 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
95
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100=
Growth60=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 11.68 against 4.64 in 2024; short-term debt: 7.6% and cash: 83.8% of total assets), and 12.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
87.3%
Return on assets
27.5%
Age of the figures
9 mo
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 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 d early
2024
43 d early
2023
31 d early
2022
34 d early
2021
24 d early
2020
1 d early
2019
7 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€106k▲ 9.0%
2023 · €97k
2018: €122k
2019: €199k
2020: €153k
2021: €85k
2022: €204k
2023: €97k
2018 → 2024
EBIT margin
133.3%▲ 125.4pp
2023 · 7.8%
2018: 7.3%
2019: 19.2%
2020: 17.7%
2021: 42.6%
2022: 17.5%
2023: 7.8%
2018 → 2024
Net result
€111k▲ 18.8%
2024 · €93k
2018: €7k
2019: €27k
2020: €17k
2021: €29k
2022: €24k
2023: €984
2024: €93k
2018 → 2025
Working capital
€325k▲ 94.7%
2024 · €167k
2018: €-39k
2019: €20k
2020: €-6k
2021: €18k
2022: €34k
2023: €23k
2024: €167k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€85k-€204k▲ 141%€97k▼ 52.4%€106k▲ 9.0%
Equity€123k-€147k▲ 19.2%€148k▲ 0.7%€241k▲ 63.0%€351k▲ 45.9%
Operating result€36k-€36k▼ 0.9%€8k▼ 78.8%€141k▲ 1,756%€166k▲ 17.5%
Net result€29k-€24k▼ 17.3%€984▼ 95.8%€93k▲ 9,356%€111k▲ 18.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 17% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €402k
Fixed assets
€46k ▼ 37.1%
Current assets
€356k ▲ 67.0%
Equity and liabilities €402k
Equity
€351k ▲ 45.9%
Debt
€51k ▲ 11.2%
Debt's share of the balance-sheet total falls from 16.0% to 12.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€174k▲
2024 · €149k
Cash flow
€119k▲
2024 · €101k
Current ratio
11.68▲
2024 · 4.64
Debt to equity
0.15▼
2024 · 0.19
ROE
31.5%▼
2024 · 38.7%
ROA
27.5%▼
2024 · 32.5%
Interest coverage
167.80▲
2024 · 149.72
Debt ≤ 1 year
€30k▼
2024 · €46k
Debt > 1 year
€21k
Income taxes
€55k▲
2024 · €47k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€287k€402k▲
Fixed assets21/28€73k€46k▼
Tangible fixed assets22/27€73k€46k▼
Land and buildings22€13k€12k▼
Furniture and vehicles24€4k€35k▲
Other tangible fixed assets26€57k-
Current assets29/58€213k€356k▲
Amounts receivable within one year40/41€12k€18k▲
Trade receivables40-€6k
Other amounts receivable41€12k€11k▼
Cash at bank and in hand54/58€200k€337k▲
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€287k€402k▲
Equity10/15€241k€351k▲
Contributions10/11€19k€19k=
Reserves13€195k€306k▲
Distributable reserves133€195k€306k▲
Profit (loss) carried forward14€27k€27k▲
Amounts payable17/49€46k€51k▲
Amounts payable after more than one year17-€21k
Financial debts170/4-€21k
Amounts payable within one year42/48€46k€30k▼
Current portion of amounts payable after more than one year42€8k€6k▼
Trade debts44€21k€10k▼
Suppliers440/4€21k€10k▼
Taxes, remuneration and social security45€9k€11k▲
Taxes450/3€9k€11k▲
Other amounts payable47/48€7k€4k▼
Income statement
Code20242025
Turnover70€106k-
Non-recurring operating income76A€251k-
Goods, raw materials, services and sundry goods60/61€140k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€8k▲
Other operating charges640/8€68k€62k▼
Gross operating margin9900€217k€236k▲
Operating profit (loss)9901€141k€166k▲
Financial income75/76B€90€180▲
Recurring financial income75€90€180▲
Financial charges65/66B€995€1k▲
Recurring financial charges65€995€1k▲
Profit (loss) for the period before taxes9903€140k€165k▲
Income taxes67/77€47k€55k▲
Profit (loss) for the period9904€93k€111k▲
Profit (loss) for the period to be appropriated9905€93k€111k▲
Appropriation of the result
Profit (loss) to be appropriated9906€120k€137k▲
Profit (loss) brought forward from the previous period14P€27k€27k=
Transfer to equity691/2€93k€111k▲
To other reserves6921€93k€111k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €111k ▲18.8%
Operating result €166k, net result €111k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 11.68
Current ratio from 4.64 to 11.68; short-term debt falls from €46k to €30k.
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity triplescurrent ratio 4.64
Current ratio from 1.75 to 4.64.
31-12
Financial
Equity above €200kEq €241k ▲63%
7 profitable years in a row build equity to €241k.
30-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €984 ▼95.8%
Net result drops to €984, the lowest in the series; recovery starts the following year.
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €100kEq €123k ▲30.2%
4 profitable years in a row build equity to €123k.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Show earlier events
2020
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity doublescurrent ratio 1.33
Current ratio from 0.57 to 1.33; short-term debt falls from €90k to €62k.
11-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Elsene · 1 establishment unit since 2003
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
de Theuxstraat 951050 ElseneGround area
109 m²
Building footprint
76 m²
Volume, LiDAR
1,075 m³
Parcel 21443A0100/00R014, Brussels · tallest building 17.5 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
CODIGO
since 20032.132.710.888
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21443A0100/00R014 | Brussels | 108 m² | 1 · 76 m² | 17.5 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
DELFICO
BE 0895.269.121
Gent · Eq €349,677
NOUVELLE DIMENSION
BE 0848.957.361
Brunehaut · Eq €352,565
STEWARDS FOR EVENTS
BE 0466.753.211
Vorst · Eq €349,416
ALLINE STANDBOUW
BE 0463.067.805
Brecht · Eq €352,870
EAGE
BE 0722.678.902
Huldenberg · Eq €348,982
Of 4,571 companies in sector 82300 we hold annual accounts for 1,671. 1,098 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-08-2003
Fiscal year end31-12
Activities, NACEBEL 2025
82300Organisation of conventions and trade shows
18130Pre-press and pre-media services
68201Renting and operating of own or leased residential real estate, excluding social housing
73110Advertising agencies
73120Media representation
73200Market research and public opinion polling
73300Public relations and communication consultancy
74140Other specialised design activities
90393Specialised image, lighting and sound technical services
90391Promotion and organisation of arts and performing arts events
95100Repair and maintenance of computers and communication equipment
96991Personal service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.