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D-CODE

Active
Private limited companyfounded 2001active for 25 yearsRoute de Huy 85, 4287 Lincent, BelgiumKBO/BCE: BE 0474.231.515
Summary

D-CODE has been active since 2001 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €176,273 and a net result of €14,687. Equity has been stable since 2018 (±1.9% per year). Its solvency ranks better than 47% of 8,586 sector peers (NACE 73, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 02-03-2001 Normal situation
Activity
Market research and public opinion polling NACE 73200and 1 other
Joint committee
209 White-collar workers in metal manufacturing · annual accounts 2023
Establishment unit
2.096.979.454 4287 Lincent, since 22-03-2001
Financial year end
31 December
Peppol
Reachable since 05-01-2026

Board and ownership

Board
  • LINE2LINE SA SADirector

Financial position

95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€127,673
▼ 15.2%
Turnover
≈ €240,000
estimated
Profit
€14,687
▲ 578%
Equity
€176,273
▲ 9.1%
Total assets
€353,518
▼ 16.7%
Employees on 31-12-2025
2
▼ 33.3%
Score breakdownlowers riskLiquidity: current ratio 5.06, cash €199,554Equity €176,273 (49.9% of total assets)Founded in 2001Sector: Advertising, market research and public relations activities (NACE 73)Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 61% of micro companies in advertising and market research (NACE 73)
Financial strength · tick: 2024
Strong
Solvency 75+12
equity 49.9% of total assets
Liquidity 97+11
short-term debt 14.2% · cash 56.4%
Profitability 74+5
return on assets 4.2%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (11,229 companies, NACE 73, micro)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025highest value 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026lowest value 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026
Credit of up to €16,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 5.06 (2.27 in 2024), above the usual 1.5. Short-term debt is 14.2% and cash 56.4% of total assets. However, 50.1% of the assets are financed with debt and provisions.
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 73, micro). It does better than 49% of them on solvency, 91% on liquidity, 45% on profitability and 59% on growth.

The bankruptcy probability was computed on 04-11-2026 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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 5.06, cash €199,554
NBB · annual accounts
lowers risk · Equity €176,273 (49.9% of total assets)
NBB · annual accounts
lowers risk · Founded in 2001
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Sector: Advertising, market research and public relations activities (NACE 73)
KBO
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 29-05-2026, 63 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
63 days early
2024
50 days early
2023
7 days late
2022
25 days early
2021
11 days late
2020
11 days late
2019
81 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 4 days before the deadline. In the sector (NACE 73), the median for financial year 2024 was 6 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 6 July (4 of the last 5 accounts filed within 36 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: 4th oldest company in Lincent, Professional and technical services sectorin the Checked rankings No. 4 View
  • Positive: 6 profitable years in a rowprofit 2025: €14,687 6 years View

Recent changes

  1. · Gazette deed 1 director appointed, 2 managers resigningChange of role: Line2Line, from manager to director · Resignation: DEFALQUE Laurent Didier Michel René (manager) · Permanent representative: DEFALQUE Laurent Didier Michel René
  2. · Gazette deed Appointment: Laurent DEFALQUE (director and manager)
  3. · Gazette deed Incorporation
All 18 events

Comparable companies

These companies have the same main activity as D-CODE: market research and public opinion polling (NACE 73200). They are comparable in size and age: total assets between €272,000 and €507,000, founded between 1999 and 2003.

CompanyTotal assetsGross margin
D-CODE Lincent€353,518€127,673
METHA-CONSULTING Bruges€394,867€162,249
BUREAU D'ARCHITECTURE ET D'ENGINEERING CAELEN Soumagne€272,244€145,153
PROMOVIDER.COM Watermael-Boitsfort€411,458€180,016
BLUE ROCK THRUSH Onhaye€316,048€122,273
DORVILLERS & Cie Momignies€507,461€128,046
TEMPERA Antwerp€304,492€84,044
Full comparison

Key facts about D-CODE

What is the company number of D-CODE?
The company number of D-CODE is 0474.231.515. The VAT number is the same number with BE in front: BE 0474.231.515.
Where is D-CODE based?
The registered office is at Route de Huy 85, 4287 Lincent.Company details
What does D-CODE do?
According to the KBO register, the main activity is market research and public opinion polling (NACE 73200).
What is the legal form of D-CODE?
D-CODE is a private limited company (BV).
When was D-CODE founded?
D-CODE was founded on 02-03-2001.
Is D-CODE still active?
Yes, D-CODE is an active enterprise in the KBO register.
How many employees does D-CODE have?
D-CODE had an average of 2.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does D-CODE fall under?
In its 2023 annual accounts, D-CODE states joint committee 209 (White-collar workers in metal manufacturing).
What is the turnover of D-CODE?
The turnover in financial year 2025 is ≈ €240,000. This figure is estimated from the gross margin of €127,673 and 38 comparable companies (NACE 73). It probably lies between €180,000 and €470,000.
Is D-CODE profitable?
In financial year 2025, D-CODE made a profit of €14,687.
Where can I find the annual accounts of D-CODE?
D-CODE filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of D-CODE due?
D-CODE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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