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DUCODE

Active Private limited companyfounded 2025active for 1 yearMoleneindstraat 5, 9160 LokerenKBO/BCE: BE 1022.418.404

Overview

Lifetime

1 annual account with figures
peak €39,828 (2025)
€39,828 
peak €30,525 (2025)
€30,525 
peak €33,025 (2025)
€33,025 
€11,185 
Board1 name since 2025
1 directorWolfs Robbert
Documentsfilings and deeds
12-02-2026169 days before the deadline
2025micro format
Incorporation 18-041 establishment registeredFirst year with figures

Key points

from the 2025 annual accounts

Turnover

≈ €130,000 estimated

The micro format states no turnover.

Checked score

96
Excellent
Financially stronger than 69% 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 05-2026: < 0.1%lowest value 06-2026: < 0.1%● unchanged vs 05-2026lowest value 07-2026: < 0.1%● unchanged vs 06-2026lowest value 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026highest value 11-2026: < 0.1%● unchanged vs 10-2026highest value

Financial strength
Strong

100equity 74.7% of total assets
74short-term debt 25.3% · cash 26.6%
100return on assets 69.0%

Score breakdown

raises risk
Founded in 2025
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Liquidity: current ratio 3.70, cash €11,775
Equity €33,025 (74.7% 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 69% of them on solvency, 57% 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, 11,279 companies had the same profile as DUCODE has now. Each dot stands for 29 companies, two years later.

96.6%
were still trading
2.6%
stopped another way
0.7%
went bankrupt
  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of DUCODE itself: < 0.1% within 12 months.

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.

The companies in ten equal groups, from the lowest to the highest expected share
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 11,279 companies, not a prediction for DUCODE. 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 €3,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 3.7, above the usual 1.5. Short-term debt is 25.3% and cash 26.6% of total assets. 25.3% 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
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
lowers risk · Liquidity: current ratio 3.70, cash €11,775
NBB · annual accounts
lowers risk · Equity €33,025 (74.7% of total assets)
NBB · annual accounts
raises risk · Founded in 2025
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
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 12-02-2026, 169 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
169 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2025.
KBO publications

Board and ownership

WR
Director
  • Wolfs Robbert 2,500 sharesdeed of 18-04-2025
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:1022418404
Incorporation Founding capital of €2,500, 2,500 shares · Founder: Wolfs Robbert · Appointment: Wolfs Robbert (director) · published on 18-04-2025 · Gazette deed
First establishment Moleneindstraat 5, Lokeren
All 4 events

Comparable companies

same main activity, similar in size and age
Company
DUCODE Lokeren €44,210 €39,828 74.7% -
Delphi-Insights Aalter €46,895 €39,229 61.6% -
Bright Sherpa Hamme (Vl.) €41,737 €37,243 63.8% -
MVSC Geraardsbergen €45,342 €41,157 78.5% -
MUINK Sint-Niklaas €45,830 €39,569 16.9% -
Near Tech Deinze €47,683 €38,825 64.6% -
ANveLA Laarne €49,184 €37,187 65.1% -

These companies have the same main activity as DUCODE: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €41,700 and €49,200, founded in 2025.

Official details

Source: KBO
Status
Active since 16-04-2025Normal situation
Activity
Computer consultancy and computer facilities managementNACE 62200and 3 others
Establishment unit
2.372.757.0859160 Lokeren, since 16-04-2025
Financial year end
31 December
Peppol
Reachable since 12-05-2025
Company details

Annual accounts 2025

€39,828
€30,525
€33,025
€44,210
Filing
Filed on 12-02-2026, 169 days before the end of the filing period
Financials

Insights on DUCODE

DUCODE has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €33,025 and a net result of €30,525.

Its solvency ranks better than 67% 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 12-02-2026, 169 days before the deadline
€39,828
€39,629
€30,525
€30,146
74.7%
3.70

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €130,000. Estimated: probably between €110,000 and €180,000.

Balance sheet

balance sheet total €44,210 on 31-12-2025
What the company ownsHow it is paid for

Position in the sector

74.7%

Higher than 67% of 21,208 companies in 2025.

3.70

Higher than 65% of 20,571 companies in 2025.

69.0%

Higher than 95% of 20,746 companies in 2025.

DUCODE Middle half of the sector 80% of the sector Micro accounts in computer programming and consultancy (NACE 62)

Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025
Balance sheet: assets
20/58 44,210
21/28 2,879
22/27 2,879
24 2,879
29/58 41,331
40/41 27,528
40 25,955
41 1,574
54/58 11,775
490/1 2,028
Balance sheet: equity and liabilities
10/49 44,210
10/15 33,025
10/11 2,500
14 30,525
17/49 11,185
42/48 11,185
43 262
439 262
44 1,900
440/4 1,900
45 9,023
450/3 9,023
Income statement
9900 39,828
630 200
9901 39,629
65/66B 988
65 988
9903 38,640
67/77 8,116
9904 30,525
9905 30,525
Appropriation of the result
9906 30,525
Document PDF

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 12-02-2026.

Download as CSV

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 12-02-2026 2026-00038006 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025
39,828
30,724
3,078
30,146
74.7%
3.70
0.34
92.4%
69.0%
40.31

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
Item2025
Tangible fixed assets€3,078
€200

Source: notes to the 2025 annual accounts (statement of fixed assets)

Insights on DUCODE

Debt's share of the balance-sheet total is 25.3%.

Board & ownership

Board

1 director, since incorporation
Director (not named in the articles)
appointed by deed of 18-04-2025 term without a fixed end
listed in the 2025 annual accounts, filed on 12-02-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 18-04-2025

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today
Wolfs Robbert
Director (not named in the articles)
Board
Mandates as a list
  • Wolfs Robbert
    • Director (not named in the articles), appointed by deed of 18-04-2025, still in office

See the board, name and registered office on a given date →

Control

This company
DUCODE
Equity €33,025
Profit €30,525 in 2025

Capital

Contribution
€2,500
Shares
2,500
Contribution per share
€1
Equity per share
€13.21 in 2025
Source
deed of 18-04-2025

Articles of association

deed of 18-04-2025 (in Dutch)
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
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Friday of June at 14:00
Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor

Shareholders

At incorporation deed of 18-04-2025 ↗

Network & group

No group

DUCODE has no parent and no holdings in its annual accounts. Wolfs Robbert is the only director. DUCODE shares no director with another company.

At the same address

Moleneindstraat 5, 9160 Lokeren · 1 other company
Kmvnhck
registered office since 04-12-2014 · founded in 2014
total assets €105,677 (2025)
0505.927.155

Timeline

Timeline

4 events since 2025
2026
Annual accounts 2025 filed NBBmicro format · 169 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:1022418404
IncorporationFounding capital of €2,500, 2,500 shares · Founder: Wolfs Robbert · Appointment: Wolfs Robbert (director) · published on 18-04-20255 points ▸
  • Founder, Wolfs Robbert
  • Founding capital, €2,500, 2,500 shares
  • 2,500 shares
  • Registered office clause, Moleneindstraat 5, 9160 Lokeren
  • Director appointment, Wolfs Robbert (director (not named in the articles))
  • The deed holds 3 more points.

Open the deed in the Belgian Official Gazette

First establishment Moleneindstraat 5, Lokeren

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

Company details

Identity

Enterprise number
1022.418.404
VAT number
BE 1022.418.404
Peppol ID
0208:1022418404
Other Peppol ID
9925:BE1022418404
Legal form
Private limited company
Status
Active, normal situation
Founded
16-04-2025
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Friday of June at 14:00
deed of 18-04-2025 (in Dutch)
Peppol
Reachable since 12-05-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
DUCODE in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 18-04-2025 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 18-04-2025 (in Dutch)

Activities

NACEBEL 2025
PurposeThe purpose describes the activities the company may carry out under its articles.
“Ontwerpen en programmeren van software,applicaties,websites,software architectuur; IT-consultancy en projectmanagement; Beheer en onderhoud…”
44 activities
  1. Ontwerpen en programmeren van software,applicaties,websites,software architectuur
  2. IT-consultancy en projectmanagement
  3. Beheer en onderhoud van IT-systemen en netwerken
  4. Ontwikkeling van cloud-oplossingen en serverbeheer
  5. Cybersecurity en data protection
  6. Ontwikkeling en implementatie van VR,AR,AI- en machine learning-oplossingen
  7. Webhosting,domeinnaamregistratie en e-mailservices
  8. Hosting en beheer van videostreamingdiensten
  9. Content delivery networks (CDN) voor online media
  10. Ontwikkeling en onderhoud van video- en audio-applicaties
  11. Gegevensverwerking en databankbeheer
  12. Digitalisering en automatisering van bedrijfsprocessen
  13. Advies over digitale transformatie en IT-strategie
  14. Management- en bedrijfsconsultancy
  15. Optreden als bestuurder of vereffenaar in andere vennootschappen
  16. Financieel en strategisch advies
  17. Interim-management en coaching
  18. HR-advies,werving en selectie van personeel
  19. Change management en bedrijfsoptimalisatie
  20. Advies over juridische,fiscale en administratieve zaken
  21. Ondersteuning bij overnames en fusies
  22. Advies in sales,marketing en commerciële strategieën
  23. Opzetten en begeleiden van start-ups en scale-ups
  24. Organisatie en procesoptimalisatie
  25. Verkrijgen,beheren en exploiteren van patenten,octrooien,know-how en licenties
  26. Ontwikkeling en commercialisering van nieuwe technologieën en producten
  27. Het aanbieden van detacheringsopdrachten (outsourcing van personeel)
  28. Import en export van goederen en diensten
  29. Optreden als commissionair,makelaar,agent of tussenpersoon bij de verkoop van goederen en diensten
  30. Groot- en kleinhandel in hardware,software en elektronica
  31. Organisatie van opleidingen en cursussen
  32. Bedrijfstrainingen en bijscholingen
  33. Coaching en persoonlijke ontwikkeling
  34. Workshops in IT,management en ondernemerschap
  35. Publicatie en verkoop van educatief materiaal
  36. Beheer en optimalisatie van investeringsportefeuilles
  37. Financiële en beleggingsconsultancy
  38. Opzetten en beheren van holdings
  39. Advisering in vastgoedfinanciering en leningen
  40. Leningen,voorschotten en kredieten toestaan,behoudens de wettelijke beperkingen ter zake,ten voordele van vennootschappen of particulieren,in de meest ruime zin
  41. Schrijven en uitgeven van boeken,tijdschriften en e-books
  42. Uitgeven en verspreiden van digitale en fysieke publicaties
  43. Drukwerk en distributie van magazines,brochures en studiemateriaal
  44. Ontwikkeling en beheer van uitgeverijplatformen
deed of 18-04-2025 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Moleneindstraat 5 registered office 9160 Lokeren 16-04-2025 2.372.757.085

Buildings and parcels at the address

Ground area
406 m²
Buildings
85 m²
Volume, LiDAR
193 m³
Tallest building
4.8 m
Buildings to scale, each on its own parcel
85 m², 4.8 m 85 m², 4.8 m

Location

registered office establishment The establishment unit on the map
2 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
46383D1897/00K000406 m² 1 · 85 m² 4.8 m · 1