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KODESK

Active Private limited companyfounded 2011active for 15 yearsRue Daucoine (Sart-B.) 8, 5330 AssesseKBO/BCE: BE 0836.469.996 #2 company by total assets in Assesse, Telecoms and IT sector

Lifetime

14 annual accounts with figures on one time axis
peak €141,038 (2024)
€118,381▼ 16.1%
lowest -€15,040 (2015)
€73,106▼ 10.5%
peak €298,179 (2025)
€298,179▲ 14.3%
€436,083▼ 8.5%
Board1 name since 2014
Owners
  
Documentsfilings and deeds
29-12-202533 days before the deadline
2025micro format
Gross margin from €141,038 to €118,381Dividend €23,677Equity from €260,980 to €298,179Cash from €103,752 to €49,391

Key points

from the 2025 annual accounts

Equity

€298,179 ▲ 14.3%

KODESK has made a profit without a break since 2016.

Turnover

≈ €300,000 estimated

The micro format states no turnover.

Position in the sector

€298,179

More equity than 88% of companies in computing infrastructure and information services. Sector median €60,701 · 2,301 companies.

Checked score

93
Excellent
Financially stronger than 47% of micro companies in computing infrastructure and information services (NACE 63)
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 2,946 companies (NACE 63, micro).

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

Last 24 months 12-2024: 0.2%highest value 01-2025: 0.1%▼ -0.1 percentage points 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 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.2%▲ +0.1 percentage points vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.1%▼ -0.1 percentage points vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026lowest value 03-2026: 0.1%● unchanged vs 02-2026lowest value 04-2026: 0.1%● unchanged vs 03-2026lowest value 05-2026: 0.1%● unchanged vs 04-2026lowest 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 09-2026 11-2026: 0.1%● unchanged vs 10-2026

Financial strength
Strong

66+6equity 40.6% of total assets
55-8short-term debt 15.5% · cash 6.7%
81-2return on assets 10.0%

Score breakdown

raises risk
Liquidity: current ratio 1.64, cash €49,391, halved
lowers risk
Size: total assets €734,262
Figures for financial year 2025 (filed on 07-01-2026)
Sector: Computing infrastructure, data processing, hosting and other information service activities (NACE 63)
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 63, micro). It does better than 39% of them on solvency, 41% on liquidity, 50% on profitability and 60% on growth.

The bankruptcy probability was computed on 08-11-2026 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 30-06-2025.

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, 17,811 companies had the same profile as KODESK has now. Each dot stands for 45 companies, two years later.

96.5%
were still trading
3.2%
stopped another way
0.3%
went bankrupt
  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of KODESK 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 17,811 companies, not a prediction for KODESK. 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 €25,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 1.64 (1.52 in 2024), above the usual 1.5. Short-term debt is 15.5% and cash 6.7% of total assets. However, 59.4% 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 · Size: total assets €734,262
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 07-01-2026)
NBB · annual accounts
lowers risk · Sector: Computing infrastructure, data processing, hosting and other information service activities (NACE 63)
KBO
raises risk · Liquidity: current ratio 1.64, cash €49,391, halved
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-12-2025, 33 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
33 days early
2024
46 days early
2023
29 days early
2022
on the day
2021
23 days late
2020
1 day late
2019
on the day
← 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 12 days before the deadline. In the sector (NACE 63), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 2 January (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end09-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

NC
Director, since 29-04-2014
  • NOVALET Christophe Michel Marie 1,000 sharesdeed of 22-12-2023
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0836469996
Change of role: NOVALET Christophe Michel Marie, from manager to director NOVALET Christophe Michel Marie holds 1,000 shares · Legal-form conversion: from private limited company (pre-2019) to private limited company · Registered office clause: Rue Daucoine 8, 5330 Assesse · General meeting of 19-12-2023 · Gazette deed
First establishment Rue Isabelle Brunell (Sart-B.) 8, Assesse
Incorporation published on 06-06-2011 · Gazette deed
All 26 events

Comparable companies

same main activity, similar in size and age
Company
KODESK Assesse €734,262 €118,381 40.6% -
iBucon Kontich €795,948 €114,038 41.8% -
BUG CONCEPT Visé €549,817 €132,771 85.3% -
Koba Webdesign Ghent €655,828 €167,700 71.5% -
People Business Ghent €953,469 €178,569 77.3% -
POCKET SIZE SUN Sint-Gillis (bij-Brussel) €541,499 €158,939 41.6% -
Evolynx Heuvelland €638,262 €237,911 40.2% -

These companies have the same main activity as KODESK: web portal activities (NACE 63910). They are comparable in size and age: total assets between €541,000 and €953,000, founded between 2009 and 2011.

Official details

Source: KBO
Status
Active since 18-05-2011Normal situation
Activity
Web portal activitiesNACE 63910
Establishment unit
2.200.750.4505330 Assesse, since 27-07-2011
Financial year end
30 June
Peppol
Reachable since 24-11-2025
Company details

Annual accounts to 30-06-2025

€734,262▼ 0.4%
Filing
Filed on 29-12-2025, 33 days before the end of the filing period
Financials

Insights on KODESK

KODESK files the micro format. That format states no turnover. The gross margin rose from -€13,748 in 2012 to €118,381 in 2025.

The balance sheet grew most from 2019 to 2021 through fixed assets.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about KODESK

What is the company number of KODESK?
The company number of KODESK is 0836.469.996. The VAT number is the same number with BE in front: BE 0836.469.996.
Where is KODESK based?
The registered office is at Rue Daucoine (Sart-B.) 8, 5330 Assesse.Company details
What does KODESK do?
According to the KBO register, the main activity is web portal activities (NACE 63910).
What is the legal form of KODESK?
KODESK is a private limited company (BV).
When was KODESK founded?
KODESK was founded on 18-05-2011.
Is KODESK still active?
Yes, KODESK is an active enterprise in the KBO register.
What is the turnover of KODESK?
The turnover in financial year 2025 is ≈ €300,000. This figure is estimated from the gross margin of €118,381 and 2,205 comparable companies of the same size. It probably lies between €200,000 and €460,000. It is a rough estimate.Financials
Is KODESK profitable?
In financial year 2025, KODESK made a profit of €73,106.
Where can I find the annual accounts of KODESK?
KODESK filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of KODESK due?
KODESK must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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