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LICODE

Active
Private limited companyfounded 2024active for 2 yearsBorn,Rechter Straße 122, 4770 Amel, BelgiumKBO/BCE: BE 1009.065.462
Summary

LICODE has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €264,217 and a net result of €172,737. Its solvency ranks better than 64% of 13,716 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Official details

Source: KBO
Status
Active since 03-05-2024 Normal situation
Activity
Agents in non-specialised wholesale trade NACE 46190and 2 others
Establishment unit
2.359.060.190 4770 Amel, since 03-05-2024
Financial year end
31 December
Peppol
Reachable since 08-05-2024

Financial position

88 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts 2025
Gross margin
€298,532
▲ 129%
Turnover
≈ €1.5m
estimated
Profit
€172,737
▲ 90.9%
Equity
€264,217
▲ 189%
Total assets
€456,538
▲ 213%
Employees on 31-12-2025
1
=
Filed on 30-07-2026, 1 day before the deadline
Score breakdownraises riskFounded in 2024lowers riskLiquidity: current ratio 2.99, cash €65,416Equity €264,217 (57.9% of total assets)Figures for financial year 2025 (filed on 30-07-2026)Show the evidence

Checked score

Score 2025
88 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 79% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Strong
Solvency 83-5
equity 57.9% of total assets
Liquidity 56-9
short-term debt 29.8% · cash 14.3%
Profitability 100=
return on assets 37.8%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,899 companies, NACE 46, micro)
Last 24 months 06-2025: 1.6% 07-2025: 1.7%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.4%▼ -1.3 percentage points vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.5%▲ +0.1 percentage points vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.6%▲ +0.1 percentage points vs 05-2026 07-2026: 0.6%● unchanged vs 06-2026 08-2026: 0.3%▼ -0.3 percentage points vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026lowest value 11-2026: 0.3%● unchanged vs 10-2026lowest value
Credit of up to €23,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity is ample, with a current ratio of 2.99 (2.32 in 2024), above the usual 1.5. Short-term debt is 29.8% and cash 14.3% of total assets. 42.1% 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 46, micro). It does better than 64% of them on solvency, 61% on liquidity, 95% on profitability and 96% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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 riskraises riskneutral
raises risk · Founded in 2024
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Liquidity: current ratio 2.99, cash €65,416
NBB · annual accounts
lowers risk · Equity €264,217 (57.9% of total assets)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 30-07-2026)
NBB · annual accounts
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 30-07-2026, 1 day ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
1 day early
2024
1 day early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 2 accounts on average 1 day before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% 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.
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Key points

  • Positive: Equity rose in 2025from €91,481 to €264,217 ▲ 189% View
  • Positive: Higher net result than 95% of companies in wholesale tradesector median €5,660 · 13,722 companies €172,737 View

Recent changes

  1. · Gazette deed IncorporationStarting capital €1,000 · Appointment: JACOBS André Marie Claude Lorent (verwalter) · Permanent representative: JACOBS André Marie Claude Lorent
All 4 events

Comparable companies

These companies have the same main activity as LICODE: agents in non-specialised wholesale trade (NACE 46190). They are comparable in size and age: total assets between €333,000 and €596,000, founded between 2023 and 2024.

CompanyTotal assetsGross margin
LICODE Amel€456,538€298,532
Sol’VID Kortrijk€488,706€335,302
BRICS TRADE Brussel€497,267€319,313
ARTEMIDE BELGIUM Elsene€562,688€234,842
COUCKE INVEST Kortrijk€333,240€243,389
DD Ventures Keerbergen€595,548€426,270
JULANTIQUES Hastière€378,825€198,651
Full comparison

Key facts about LICODE

What is the company number of LICODE?
The company number of LICODE is 1009.065.462. The VAT number is the same number with BE in front: BE 1009.065.462.
Where is LICODE based?
The registered office is at Born,Rechter Straße 122, 4770 Amel.Company details
What does LICODE do?
According to the KBO register, the main activity is agents in non-specialised wholesale trade (NACE 46190).
What is the legal form of LICODE?
The legal form of LICODE is Private limited company (BV).
When was LICODE founded?
LICODE was founded on 03-05-2024.
Is LICODE still active?
Yes, LICODE is an active enterprise in the KBO register.
How many employees does LICODE have?
LICODE had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of LICODE?
The turnover in financial year 2025 is ≈ €1.5m. This figure is estimated from the gross margin of €298,532 and 162 comparable companies (NACE 46). It probably lies between €950,000 and €2.6m.
Is LICODE profitable?
In financial year 2025, LICODE made a profit of €172,737.
Where can I find the annual accounts of LICODE?
LICODE filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of LICODE due?
LICODE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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