Kodefront
ActiveSummary
Kodefront has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8,895 and a net result of €6,895. Its solvency ranks better than 55% of 21,099 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Activity
Computer consultancy and computer facilities management
NACE 62200
1 site
Size
≈ €49,000turnover 2025, estimated
- Equity
- €8,895
- Profit
- €6,895
Turnover estimated from the gross margin
Why 96raises riskFounded in 2025lowers riskSector: Computer programming, consultancy and related activities (NACE 62)Liquidity: current ratio 2.79, cash €13,808Figures for financial year 2025 (filed 07-07-2026)Show the evidence
Checked score
Score 2025
96
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 69% of its sector peers (NACE 62, micro)
Financial strength
Strong
Solvency
89
equity 64.2% of total assets
Liquidity
84
short-term debt 35.8% · cash 99.7%
Profitability
100
return on assets 49.8%
Bankruptcy probability, 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).
Last 24 months
06-2026: 0.4%
07-2026: 0.4%● unchanged vs 06-2026highest value
08-2026: < 0.1%▼ -0.4 percentage points vs 07-2026lowest value
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €500 on 30-day terms is acceptable
Liquidity ample (current ratio 2.79, above the usual 1.5; short-term debt: 35.8% and cash: 99.7% of total assets), and 35.8% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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): better than 56% on solvency, 68% on liquidity and 82% on profitability.
The bankruptcy probability was computed on 28-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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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 07-07-2026, 24 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
24 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · micro…
- IncorporationAppointment: MEERSMAN Kilian Nicolas Monique…
Financials · financial year 2025, micro format
Turnover
≈ €49,000
Estimated: probably between €24,000 and €92,000
Total assets
€13,851
Net result
€6,895
Working capital
€8,895
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
Equity and liabilities €13,851
Equity
€8,895
Debt
€4,956
Debt finances 35.8% of the balance-sheet total.
Key figures and ratios
Current ratio
2.79
Debt to equity
0.56
ROE
77.5%
ROA
49.8%
Debt ≤ 1 year
€4,956
Income taxes
€1,724
Peer companies
Historical observationOf the 11,279 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.
- Micro
- under 2 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.7%
went bankrupt
2.6%
stopped otherwise
96.6%
still going
For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 11,279 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2025 |
|---|---|
| Other operating charges640/8 | €109 |
| Gross operating margin9900 | €8,752 |
| Operating profit (loss)9901 | €8,643 |
| Financial charges65/66B | €24 |
| Recurring financial charges65 | €24 |
| Profit (loss) for the period before taxes9903 | €8,619 |
| Income taxes67/77 | €1,724 |
| Profit (loss) for the period9904 | €6,895 |
| Profit (loss) for the period to be appropriated9905 | €6,895 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €13,851 | |
| Current assets29/58 | €13,851 | |
| Cash at bank and in hand54/58 | €13,808 | |
| Deferred charges and accrued income490/1 | €43 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €13,851 | |
| Equity10/15 | €8,895 | |
| Contributions10/11 | €2,000 | |
| Profit (loss) carried forward14 | €6,895 | |
| Amounts payable17/49 | €4,956 | |
| Amounts payable within one year42/48 | €4,956 | |
| Trade debts44 | €234 | |
| Suppliers440/4 | €234 | |
| Taxes, remuneration and social security45 | €3,278 | |
| Taxes450/3 | €3,278 | |
| Other amounts payable47/48 | €1,444 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €6,895 |
| Operating cash flow (approximation) | €6,895 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 07-07-2026 | 2026-00261678 |
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Of the 29,907 active companies whose main activity is computer consultancy and computer facilities management (NACE 62200), figures are known for 18,925. 9,404 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
1 director, no change since 2025
MEERSMAN Kilian Nicolas Monique
CurrentDirector (not named in the articles) · since 06-05-2025
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ.
See the directors and other office holders in the KBO →
Mandate history
1 person since 2025, 1 in office
- Board
| Name | Functions and periods |
|---|---|
| MEERSMAN Kilian Nicolas Monique |
|
Owners and capital
Capital and shareholders
Shareholders according to the deeds
At incorporation
act of 09-05-2025 ↗
- MEERSMAN Kilian Nicolas Monique 100 shares (100%) · €2,000 in cash
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
Capital over the years
- 09-05-2025 Incorporation · €2,000 · 100 shares
Group and network
Connections & network
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History
Acts, filings and financial milestones
2026
07-07
NBB filing
Annual accounts filed
financial year 2025 · micro format
2025
09-05
Gazette deed
IncorporationAppointment: MEERSMAN Kilian Nicolas Monique (director) · Founder · Founding capital9 facts ▸
Gazette deed
Incorporation
Appointment: MEERSMAN Kilian Nicolas Monique (director) · Founder · Founding capital9 facts ▸
- Incorporation, 06-05-2025
- Founder, MEERSMAN Kilian Nicolas Monique
- Founding capital, €2,000
- Capital
- Registered office clause, “Kalverstraat 24, 9150 Beveren-Kruibeke-Zwijndrecht, communicatie via dit adres door aandeelhouders, leden, houders van effecten en certificaten wordt geacht gel…” (deed in Dutch)
- Pre-incorporation commitments, “takeover, rechten en verbintenissen uit rechtshandelingen in naam en voor rekening van vennootschap gesteld voor oprichting” (deed in Dutch)
- Director appointment, MEERSMAN Kilian Nicolas Monique (director (not named in the articles))
- Other provision, “UBO-register, comparanten gewezen op UBO-register en sanctiebepalingen artikel 1:36 WVV” (deed in Dutch)
- Other provision, “UBO-register verplichting, comparanten op hoogte van verplichting bestuurder(s) om binnen de maand na oprichting informatie over uiteindelijke begunstigde(n) aa…” (deed in Dutch)
Gazette deedNBB filing
1 of 1 deed read
Register details
Identification
Legal formPrivate limited company
Founded07-05-2025
Financial year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
62100Computer programming
62900Other information technology and computer services
63100Computing infrastructure, data processing, hosting and related activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:1023070579
Registered
12-05-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 2025
Ground area
686 m²
Building footprint
206 m²
Building volume
1,302 m³
Parcel 46018A0021/00R000, Flanders · tallest building 8.8 m. Linked by address, not a title deed.
1 establishment unit
Kodefront
since 2025unit no. 2.373.431.533
1 parcel
Flanders
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 46018A0021/00R000 | Flanders | 686 m² | 1 · 206 m² | 8.8 m · 2 |
How the parcels are linked
Good to know
The parcel matches the address exactly.
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Alle activiteiten en verrichtingen op gebied van consultancy in de IT en het zelf ontwepren van IT gerelateerde programma’s; Alle…” (deed in Dutch)
23 activities (deed in Dutch)
- Alle activiteiten en verrichtingen op gebied van consultancy in de IT en het zelf ontwepren van IT gerelateerde programma’s.
- Alle activiteiten aangaande IT-consultancy, inclusief het verlenen van advies en bijstand inzake informaticaprogramma’s, systemen, infrastructuur en cybersecurity.
- Analyse van behoeften en problemen van gebruikers en aanbieden van passende oplossingen op vlak van hard- en software.
- Activiteiten als systeemintegrator en webmaster.
- Studie, organisatie en adviesverlening inzake automatisering en digitalisering van bedrijfsprocessen op alle niveaus.
- Het analyseren, ontwerpen, programmeren en eventueel uitgeven van gebruiksklare systemen, inclusief systemen voor automatische gegevensidentificatie.
- Ontwikkeling, productie en documentatie van standaard- of maatwerksoftware.
- Ontwerpen en programmeren van websites en webapplicaties.
- De automatisering en digitalisering van bedrijfsprocessen.
- De aan- en verkoop, leasing en verhuur van computerapparatuur, softwarelicenties en randapparatuur.
- Het onderhoud en de herstelling van computers en randapparatuur.
- Het permanent beheren van en werken met de gegevensverwerkende apparatuur van derden.
- Het verlenen van opleidingen, coaching en begeleiding inzake IT, softwaregebruik en digitale toepassingen.
- Onderwijsondersteunende dienstverlening, inclusief gebruikersopleiding bij informaticaprogramma’s.
- Het verwerven, beheren en exploiteren van intellectuele eigendomsrechten zoals software, licenties, patenten, merken en knowhow.
- Het uitvoeren van studies, analyses en audits in verband met IT, gegevensbeheer en digitale transformatie.
- Het verrichten van commerciële, administratieve en logistieke ondersteunende diensten.
- Het aanbieden van interim-management, freelanceopdrachten en projectcoördinatie in de IT-sector.
- Tussenpersoon in de handel.
- Dit alles zowel in België als in het buitenland, zowel voor eigen rekening als voor rekening van derden of in deelneming met derden.
- Het beheer en de uitbreiding voor eigen rekening van een patrimonium bestaande uit roerende en onroerende goederen zowel in het binnenland als in het buitenland alsmede alle handelingen die daar rechtstreeks of onrechtstreeks verband mee houden of die van aard zijn de opbrengst van haar goederen te bevorderen, zoals de aankoop en de verkoop, huur en verhuur, de ruiling of in het algemeen de verwerving of de overdracht van goederen zo roerende als onroerende, het onderhoud, de ontwikkeling, de verfraaiing en de verhuring van goederen, met uitzondering van die verrichtingen die verband houden met de normale activiteiten uitgeoefend door vastgoedmakelaars.
- Alle commerciële, industriële, financiële, burgerlijke, roerende en onroerende handelingen of verrichtingen stellen, die haar nuttig voorkomen om rechtstreeks of onrechtstreeks haar voorwerp te realiseren of de realisatie ervan te bevorderen of te vergemakkelijken.
- Belangen nemen in alle ondernemingen, verenigingen of vennootschappen met een gelijkaardig of aanverwant voorwerp, bij wijze van inbreng, opslorping, fusie, intekening of op enige andere wijze.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Kodefront
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, administratieve zetels, bijhuizen, agentschappen, depothuizen of comptoirs bij eenvoudige beslissing van het bestuursorgaan” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Zodanige beperkingen kunnen niet aan derden worden tegengeworpen ook al zijn ze openbaar gemaakt en hebben enkel een interne werking in de…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Elke bestuurder, alleen optredend, alle handelingen verrichten die nodig of dienstig zijn tot verwezenlijking van het voorwerp van de…” (deed in Dutch)11 more provisions on this in the deed
- Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
- One provision in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Elektronische vorm, op naam” (deed in Dutch)1 more provision on this in the deed
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
- Share issue ruleHow and by whom new shares can be issued.
- “Voorkeurrecht aan eigenaar-pandgever, aandeelhouders kunnen afstand doen bij besluit van de algemene vergadering” (deed in Dutch)
- Profit allocationHow profit is distributed; a BV may only pay out after a balance-sheet and liquidity test.
- “Uitkeringen aan de aandeelhouders en tantièmes, De algemene vergadering is bevoegd tot bestemming van de winst en tot vaststelling van de…” (deed in Dutch)“Interim-dividend, in voorkomend geval verminderd met het overgedragen verlies of vermeerderd met de overgedragen winst” (deed in Dutch)“Bestemming van de winst, geldend vennootschapsrecht en boekhoudrecht” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of May at 20:00
- Voting ruleWhich majority the meeting decides by, for example a simple or a special majority.
- “Besluitvorming in de gewone en bijzondere algemene vergadering, ongeacht het aantal vertegenwoordigde aandelen” (deed in Dutch)“Buitengewone algemene vergadering - statutenwijziging, de aanwezige of vertegenwoordigde aandeelhouders ten minste de helft van het totaal…” (deed in Dutch)1 more provision on this in the deed
- Written decisionsDecisions without a meeting, when everyone involved agrees in writing.
- “De aandeelhouders kunnen, binnen de wettelijke grenzen, eenparig en schriftelijk alle besluiten nemen die tot de bevoegdheid van de algemene…” (deed in Dutch)
- Remote votingWhether shareholders may vote remotely, for example through a website.
- “Uitoefening van het stemrecht langs elektronische weg vóór de algemene vergadering, Het komt toe aan het bureau van de algemene vergadering…” (deed in Dutch)
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Ontbinding, vereisten voor statutenwijziging” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Onmiddellijke sluiting van de vereffening, artikel 2:80 WVV” (deed in Dutch)“Benoeming van vereffenaars, bestuurders in functie op tijdstip van ontbinding” (deed in Dutch)