Monocode
Annual accounts 2024
abbreviated format, filed on 31-07-2025, on the day of the deadlineTurnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €970,000. Estimated: probably between €670,000 and €1.6m.
Balance sheet
balance sheet total €220,885 on 31-12-2024in euro
in euro
Position in the sector
-67.3%
Higher than 8% of 2,795 companies in 2024.
0.74
Higher than 18% of 2,747 companies in 2024.
-71.3%
Lower than 95% of 2,769 companies in 2024.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter · Staff: middle half
Staff
€53,184
Staff costs divided by the average number of full-time equivalents.
+3 people
In 2024, 4 people joined and 1 left.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||
20/58 |
220,885 | 353,311 | 257,026 | 209,908 | 252,986 | 254,554 | 194,152 | 110,066 | 103,711 | 62,824 | 60,664 | 88,812 | 45,555 | |
20 |
- | - | - | - | - | - | 0 | - | - | - | - | - | - | |
21/28 |
34,246 | 45,772 | 46,772 | 40,813 | 61,204 | 85,966 | 60,489 | 17,716 | 7,071 | 9,082 | 9,480 | 15,311 | 10,740 | |
21 |
18,686 | 26,718 | 29,332 | 28,445 | 47,312 | 66,178 | 37,155 | - | - | - | - | - | - | |
22/27 |
15,559 | 19,054 | 11,860 | 6,788 | 4,803 | 10,698 | 14,244 | 8,626 | 1,281 | 3,292 | 3,090 | 15,311 | 10,740 | |
22 |
- | - | - | - | - | - | 0 | - | - | - | - | - | - | |
23 |
4,164 | 2,439 | 645 | 855 | - | - | 0 | 0 | 80 | 159 | 228 | 15,311 | 10,740 | |
24 |
9,128 | 13,514 | 7,281 | 2,269 | 1,065 | 7,006 | 14,244 | 8,626 | 1,201 | 3,132 | 2,862 | - | - | |
26 |
2,267 | 3,101 | 3,934 | 3,663 | 3,738 | 3,692 | 0 | - | - | - | - | - | - | |
27 |
- | - | - | - | - | - | 0 | - | - | - | - | - | - | |
28 |
- | 0 | 5,580 | 5,580 | 9,090 | 9,090 | 9,090 | 9,090 | 5,790 | 5,790 | 6,390 | - | - | |
29/58 |
186,639 | 307,539 | 210,254 | 169,095 | 191,782 | 168,588 | 133,663 | 92,350 | 96,641 | 53,743 | 51,184 | 73,501 | 34,815 | |
29 |
- | - | - | - | - | - | 0 | - | - | - | - | - | - | |
290 |
- | - | - | - | - | - | 0 | - | - | - | - | - | - | |
291 |
- | - | - | - | - | - | 0 | - | - | - | - | - | - | |
3 |
- | - | - | - | - | - | 0 | 10,068 | 9,436 | 4,560 | 7,913 | 38,263 | - | |
30/36 |
- | - | - | - | - | - | 0 | - | - | - | - | 38,263 | - | |
37 |
- | - | - | - | - | - | 0 | 10,068 | 9,436 | 4,560 | 7,913 | - | - | |
40/41 |
159,909 | 237,739 | 151,670 | 137,716 | 161,154 | 115,037 | 114,200 | 69,879 | 86,582 | 39,861 | 26,624 | 26,857 | 32,350 | |
40 |
149,771 | 234,352 | 150,202 | 127,446 | 158,899 | 115,037 | 114,200 | 63,225 | 85,993 | 39,780 | 22,158 | 26,857 | 31,684 | |
41 |
10,138 | 3,387 | 1,467 | 10,270 | 2,255 | - | 0 | 6,654 | 589 | 81 | 4,466 | - | 667 | |
50/53 |
- | - | - | - | - | - | 0 | - | - | - | - | - | - | |
54/58 |
1,569 | 1,023 | 3,630 | 8,129 | 15,962 | 21,858 | 14,210 | 10,298 | - | 4,260 | 121 | 3,960 | 797 | |
490/1 |
25,161 | 68,777 | 54,955 | 23,250 | 14,666 | 31,693 | 5,253 | 2,105 | 623 | 5,061 | 16,527 | 4,421 | 1,667 | |
| Balance sheet: equity and liabilities | ||||||||||||||
10/49 |
220,885 | 353,311 | 257,026 | 209,908 | 252,986 | 254,554 | 194,152 | 110,066 | 103,711 | 62,824 | 60,664 | 88,812 | 45,555 | |
10/15 |
-148,614 | 8,896 | 6,769 | 39,941 | 15,738 | 6,466 | 16,402 | 13,604 | 7,492 | 237 | 5,862 | 36,841 | 34,577 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 6,300 | 6,300 | 6,300 | 6,300 | 6,300 | |
100 |
- | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 0 | - | 12,300 | 12,300 | 12,300 | 12,300 | 12,300 | |
11 |
- | - | - | - | - | - | 0 | - | - | - | - | - | - | |
1100/10 |
- | - | - | - | - | - | 0 | - | - | - | - | - | - | |
12 |
- | - | - | - | - | - | 0 | - | - | - | - | - | - | |
13 |
- | 0 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 30,541 | 28,277 | |
130/1 |
- | 0 | 1,860 | 1,860 | 1,860 | - | 0 | - | - | - | - | - | - | |
130 |
- | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
- | 0 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | |
1312 |
- | - | - | - | - | - | 0 | - | - | - | - | - | - | |
1319 |
- | - | - | - | - | - | 0 | - | - | - | - | - | - | |
132 |
- | - | - | - | - | - | 0 | - | - | - | - | - | - | |
133 |
- | - | - | - | - | - | 0 | - | - | - | - | 28,681 | 26,417 | |
14 |
-167,214 | -9,704 | -13,691 | 19,481 | -4,722 | -13,994 | -4,058 | -6,856 | -668 | -7,923 | -2,298 | - | - | |
15 |
- | - | - | - | - | - | 0 | - | - | - | - | - | - | |
19 |
- | - | - | - | - | - | 0 | - | - | - | - | - | - | |
16 |
- | - | - | - | - | - | 0 | - | - | - | - | - | - | |
160/5 |
- | - | - | - | - | - | 0 | - | - | - | - | - | - | |
160 |
- | - | - | - | - | - | 0 | - | - | - | - | - | - | |
161 |
- | - | - | - | - | - | 0 | - | - | - | - | - | - | |
162 |
- | - | - | - | - | - | 0 | - | - | - | - | - | - | |
163 |
- | - | - | - | - | - | 0 | - | - | - | - | - | - | |
164/5 |
- | - | - | - | - | - | 0 | - | - | - | - | - | - | |
168 |
- | - | - | - | - | - | 0 | - | - | - | - | - | - | |
17/49 |
369,499 | 344,415 | 250,257 | 169,967 | 237,248 | 248,088 | 177,750 | 96,463 | 96,220 | 62,587 | 54,802 | 51,971 | 10,978 | |
17 |
97,022 | 5,289 | 7,008 | - | 0 | 3,688 | 11,064 | 6,676 | - | - | 951 | - | - | |
170/4 |
97,022 | 5,289 | 7,008 | - | 0 | 3,688 | 11,064 | 6,676 | - | - | 951 | - | - | |
175 |
- | - | - | - | - | - | 0 | - | - | - | - | - | - | |
176 |
- | - | - | - | - | - | 0 | - | - | - | - | - | - | |
178/9 |
- | - | - | - | - | - | 0 | - | - | - | - | - | - | |
42/48 |
253,130 | 315,426 | 227,711 | 131,110 | 222,184 | 242,133 | 166,187 | 88,442 | 96,220 | 60,149 | 51,419 | 51,971 | 10,978 | |
42 |
12,809 | 9,974 | - | 0 | 3,688 | 7,375 | 7,798 | 3,539 | - | 951 | 998 | - | - | |
43 |
90,981 | 60,912 | 100,291 | 19,494 | 25,000 | 32,244 | 20,000 | 1,870 | 11,943 | 985 | 4,446 | - | - | |
430/8 |
90,981 | 60,912 | 100,291 | 19,494 | 25,000 | 32,244 | 20,000 | 1,870 | 11,943 | 985 | 4,446 | - | - | |
439 |
- | - | - | - | - | - | 0 | - | - | - | - | - | - | |
44 |
49,111 | 78,616 | 70,603 | 29,670 | 18,878 | 37,928 | 17,628 | 13,258 | 9,496 | 7,319 | 3,469 | 9,203 | 877 | |
440/4 |
49,111 | 78,616 | 70,603 | 29,670 | 18,878 | 37,928 | 17,628 | 13,258 | 9,496 | 7,319 | 3,469 | 9,203 | 877 | |
441 |
- | - | - | - | - | - | 0 | - | - | - | - | - | - | |
46 |
15 | 5,796 | - | - | - | - | 0 | - | - | - | - | - | - | |
45 |
97,612 | 157,437 | 53,298 | 71,023 | 137,250 | 111,269 | 90,152 | 68,352 | 68,278 | 42,226 | 29,466 | 5,163 | - | |
450/3 |
29,137 | 53,120 | 27,708 | 16,465 | 72,181 | 39,722 | 26,860 | 14,848 | 20,501 | 17,168 | 12,267 | 3,713 | - | |
454/9 |
68,475 | 104,317 | 25,590 | 54,558 | 65,068 | 71,548 | 63,292 | 53,504 | 47,776 | 25,058 | 17,199 | 1,450 | - | |
47/48 |
2,602 | 2,691 | 3,519 | 10,922 | 37,367 | 53,316 | 30,609 | 1,424 | 6,503 | 8,668 | 13,039 | 37,606 | 10,102 | |
492/3 |
19,347 | 23,699 | 15,538 | 38,857 | 15,064 | 2,267 | 500 | 1,344 | - | 2,439 | 2,432 | - | - | |
| Income statement | ||||||||||||||
76A |
- | 488 | - | - | - | - | 0 | - | - | - | 6,691 | - | - | |
9900 |
368,760 | 512,061 | 383,401 | 500,908 | 482,757 | 412,182 | 349,697 | 216,927 | 179,273 | 126,277 | 52,910 | 55,415 | 36,253 | |
62 |
489,297 | 474,260 | 382,373 | 422,399 | 432,237 | 387,215 | 323,038 | 214,080 | 165,060 | 116,996 | 79,518 | 28,423 | - | |
630 |
15,871 | 20,536 | 23,421 | 20,582 | 25,302 | 29,406 | 19,050 | 5,786 | 2,011 | 4,263 | 5,566 | 13,793 | 7,672 | |
631/4 |
- | 0 | -8,986 | 8,986 | - | 0 | -2,479 | - | - | 2,479 | - | - | - | |
635/8 |
- | - | - | - | - | - | 0 | - | - | - | - | - | - | |
640/8 |
528 | 836 | 17,007 | 21,714 | 10,694 | 2,466 | 604 | 427 | 987 | 3,958 | 2,350 | 2,379 | 772 | |
649 |
- | - | - | - | - | - | 0 | - | - | - | - | - | - | |
66A |
- | - | - | - | - | - | 0 | - | - | - | - | - | - | |
9901 |
-136,935 | 16,429 | -30,413 | 27,226 | 14,524 | -6,906 | 9,484 | -3,366 | 11,215 | -1,420 | -34,524 | 10,820 | 27,809 | |
75/76B |
2,355 | 2,820 | 3,893 | 1,447 | 2,352 | 1,195 | 1,754 | 412 | 875 | 11 | 100 | 39 | 1,196 | |
75 |
2,355 | 2,820 | 3,893 | 1,447 | 2,352 | 1,195 | 1,754 | 412 | 875 | 11 | 100 | 39 | 1,196 | |
76B |
- | - | - | - | - | - | 0 | - | - | - | - | - | - | |
65/66B |
21,903 | 16,575 | 6,634 | 4,323 | 7,463 | 6,113 | 5,813 | 3,118 | 2,508 | 3,931 | 2,938 | 669 | 728 | |
65 |
21,903 | 16,575 | 6,634 | 4,323 | 7,463 | 6,113 | 5,813 | 3,118 | 2,508 | 3,931 | 2,938 | 669 | 728 | |
66B |
- | - | - | - | - | - | 0 | - | - | - | - | - | - | |
9903 |
-156,483 | 2,674 | -33,154 | 24,351 | 9,412 | -11,825 | 5,425 | -6,072 | 9,581 | -5,340 | -30,671 | 10,190 | 28,278 | |
67/77 |
1,027 | 547 | 19 | 148 | 139 | -1,889 | 2,627 | 116 | 2,327 | 285 | 307 | 7,926 | 1 | |
9904 |
-157,510 | 2,127 | -33,172 | 24,203 | 9,273 | -9,936 | 2,798 | -6,188 | 7,255 | -5,625 | -30,978 | 2,264 | 28,277 | |
789 |
- | - | - | - | - | - | 0 | - | - | - | - | - | - | |
689 |
- | - | - | - | - | - | 0 | - | - | - | - | - | - | |
9905 |
-157,510 | 2,127 | -33,172 | 24,203 | 9,273 | -9,936 | 2,798 | -6,188 | 7,255 | -5,625 | -30,978 | 2,264 | 28,277 | |
| Appropriation of the result | ||||||||||||||
9906 |
-167,214 | -11,564 | -13,691 | 19,481 | -4,722 | -13,994 | -4,058 | -6,856 | -668 | -7,923 | -30,978 | 2,264 | 28,277 | |
14P |
-9,704 | -13,691 | 19,481 | -4,722 | - | - | - | - | - | - | - | - | - | |
791/2 |
0 | 1,860 | - | - | - | - | 0 | - | - | - | 28,681 | - | - | |
691/2 |
- | - | - | - | - | - | 0 | - | - | - | - | 2,264 | 28,277 | |
691 |
- | - | - | - | - | - | 0 | - | - | - | - | - | - | |
6920 |
- | - | - | - | - | - | 0 | - | - | - | - | - | 1,860 | |
6921 |
- | - | - | - | - | - | 0 | - | - | - | - | 2,264 | 26,417 | |
694/7 |
- | - | - | - | - | - | 0 | - | - | - | - | - | - | |
694 |
- | - | - | - | - | - | 0 | - | - | - | - | - | - | |
695 |
- | - | - | - | - | - | 0 | - | - | - | - | - | - | |
696 |
- | - | - | - | - | - | 0 | - | - | - | - | - | - | |
| Social balance sheet | ||||||||||||||
9087 |
9.2 | 9.2 | 7.4 | 8.2 | 9 | 8.4 | 7.4 | 5 | 4.3 | 3.7 | 2.6 | - | - | |
Hours worked1013 |
13,720 | 13,944 | 11,096 | 13,749 | 15,345 | 14,407 | 119,096 | 8,519 | 7,121 | 5,466 | 4,118 | - | - | |
| Document | ||||||||||||||
The notes to these accounts have 17 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2024 (PDF), filed on 31-07-2025.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | abbreviated format | 31-07-2025 | 2025-00354409 | |
| 31-12-2023 | micro format | 08-07-2024 | 2024-00225022 | |
| 31-12-2022 | micro format | 28-06-2023 | 2023-00177575 | |
| 31-12-2021 | micro format | 18-08-2022 | 2022-20294883 | |
| 31-12-2020 | micro format | 20-07-2021 | 2021-37800137 | |
| 31-12-2019 | micro format | 24-06-2020 | 2020-20100078 | |
| 31-12-2018 | micro format | 14-06-2019 | 2019-19100384 | |
| 31-12-2017 | micro format | 13-06-2018 | 2018-18200183 | |
| 31-12-2016 | abbreviated format | 28-06-2017 | 2017-26600506 | |
| 31-12-2015 | abbreviated format | 28-07-2016 | 2016-38200532 | |
| 31-12-2014 | abbreviated format | 30-03-2016 | 2016-08300136 | |
| 31-12-2013 | abbreviated format | 30-06-2014 | 2014-24400097 | |
| 31-12-2012 | abbreviated format | 28-08-2013 | 2013-49800179 |
Subsidies and aid
Flemish government 2022 to 2024, 6 entries, €35,645 awarded, €35,645 paid
| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2024 | 2 | €13,460 | €13,460 |
| 2023 | 2 | €11,615 | €11,615 |
| 2022 | 2 | €10,570 | €10,570 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -121,065 | 36,965 | -6,993 | 47,808 | 39,825 | 22,501 | 28,535 | 2,420 | 13,226 | 2,844 | -28,958 | 24,613 | 35,481 | ||
| -141,640 | 22,663 | -9,751 | 44,784 | 34,574 | 19,470 | 21,848 | -402 | 9,265 | -1,362 | -25,412 | 16,057 | 35,948 | ||
| 4,344 | 29,364 | 29,380 | 3,701 | 540 | 54,883 | 69,379 | 16,432 | 0 | 4,465 | 1,083 | 18,364 | 18,412 | ||
| 546 | -2,606 | -4,499 | -7,833 | -5,896 | 7,648 | 3,912 | - | - | 4,140 | -3,840 | 3,163 | - | ||
| -66,490 | -7,888 | -17,457 | 37,985 | -30,402 | -73,545 | -32,524 | 3,908 | 421 | -6,406 | -234 | 21,530 | 23,836 | ||
| -67.3% | 2.5% | 2.6% | 19.0% | 6.2% | 2.5% | 8.4% | 12.4% | 7.2% | 0.4% | 9.7% | 41.5% | 75.9% | ||
| 0.74 | 0.97 | 0.92 | 1.29 | 0.86 | 0.70 | 0.80 | 1.04 | 1.00 | 0.89 | 1.00 | 1.41 | 3.17 | ||
| 0.74 | 0.97 | 0.92 | 1.29 | 0.86 | 0.70 | 0.80 | 0.93 | 0.91 | 0.82 | 0.84 | 0.68 | 3.17 | ||
| - | 38.72 | 36.97 | 4.26 | 15.07 | 38.37 | 10.84 | 7.09 | 12.84 | - | 9.35 | 1.41 | 0.32 | ||
| - | 23.9% | -490.1% | 60.6% | 58.9% | -153.7% | 17.1% | -45.5% | 96.8% | - | -528.4% | 6.1% | 81.8% | ||
| -71.3% | 0.6% | -12.9% | 11.5% | 3.7% | -3.9% | 1.4% | -5.6% | 7.0% | -9.0% | -51.1% | 2.5% | 62.1% | ||
| -5.53 | 2.23 | -1.05 | 11.06 | - | - | - | - | - | - | - | - | - |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
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.
Social balance sheet
| Item | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 12 | 9 | 10 | 8 |
| full-time | 7 | 7 | 8 | 6 |
| part-time | 5 | 2 | 2 | 2 |
| in full-time equivalents | 9.3 | 8 | 9 | 7.6 |
| 9.2 | 9.2 | 7.4 | 8.2 | |
| On a permanent contract | 9 | 9 | 9 | 8 |
| Joined | 4 | 2 | 9 | 0 |
| Left | 1 | 3 | 7 | 1 |
Source: social balance sheet in the 2021 to 2024 annual accounts
Investments
fixed assets acquired| Item | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Tangible fixed assets | €4,344 | €14,028 | €7,444 | €3,701 |
| Intangible fixed assets | - | €15,336 | €21,935 | - |
| Financial fixed assets | - | €0 | - | - |
| €15,871 | €20,536 | €23,421 | €20,582 |
Source: notes to the 2021 to 2024 annual accounts (statement of fixed assets)
Insights on Monocode
The operating result for 2024 is a loss of €136,935, after a profit of €16,429 in 2023. It is the lowest result since 2012.
Equity is negative. Debt (€369,499) exceeds the balance-sheet total (€220,885).