NEXCODE
Annual accounts 2025
micro format, filed on 08-06-2026, 53 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €160,000. Estimated: probably between €120,000 and €210,000.
Balance sheet
balance sheet total €140,553 on 31-12-2025in euro
in euro
Position in the sector
91.2%
Higher than 90% of 21,217 companies in 2025.
10.88
Higher than 90% of 20,581 companies in 2025.
23.8%
Higher than 59% of 20,756 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
140,553 | 121,002 | 91,035 | 60,114 | |
21/28 |
6,545 | 5,888 | 7,719 | 10,861 | |
22/27 |
6,545 | 5,888 | 7,719 | 10,861 | |
24 |
3,575 | 2,586 | 7,719 | 10,861 | |
26 |
2,970 | 3,302 | - | - | |
29/58 |
134,008 | 115,114 | 83,316 | 49,254 | |
40/41 |
28,711 | 29,040 | 26,931 | 29,070 | |
40 |
28,290 | 29,040 | 26,931 | 29,070 | |
41 |
421 | - | - | - | |
54/58 |
103,948 | 84,611 | 55,327 | 19,108 | |
490/1 |
1,349 | 1,463 | 1,058 | 1,076 | |
| Balance sheet: equity and liabilities | |||||
10/49 |
140,553 | 121,002 | 91,035 | 60,114 | |
10/15 |
128,240 | 94,745 | 63,283 | 36,462 | |
10/11 |
5,000 | 5,000 | 5,000 | 5,000 | |
14 |
123,240 | 89,745 | 58,283 | 31,462 | |
17/49 |
12,314 | 26,257 | 27,752 | 23,652 | |
17 |
- | - | - | 4,613 | |
170/4 |
- | - | - | 4,613 | |
42/48 |
12,314 | 26,257 | 27,752 | 19,039 | |
42 |
- | - | 4,613 | 4,855 | |
44 |
688 | 2,482 | 1,016 | 610 | |
440/4 |
688 | 2,482 | 1,016 | 610 | |
45 |
9,354 | 23,201 | 21,604 | 13,056 | |
450/3 |
9,354 | 23,201 | 21,604 | 13,056 | |
47/48 |
2,271 | 574 | 519 | 519 | |
| Income statement | |||||
9900 |
48,207 | 46,566 | 40,882 | 44,448 | |
630 |
3,506 | 5,154 | 5,106 | 3,006 | |
640/8 |
1,137 | 332 | 436 | 855 | |
9901 |
43,564 | 41,079 | 35,341 | 40,587 | |
75/76B |
15 | 1 | 0 | 0 | |
75 |
15 | 1 | 0 | 0 | |
65/66B |
320 | 264 | 300 | 242 | |
65 |
320 | 264 | 300 | 242 | |
9903 |
43,259 | 40,817 | 35,041 | 40,345 | |
67/77 |
9,765 | 9,354 | 8,220 | 8,884 | |
9904 |
33,495 | 31,462 | 26,821 | 31,462 | |
9905 |
33,495 | 31,462 | 26,821 | 31,462 | |
| Appropriation of the result | |||||
9906 |
123,240 | 89,745 | 58,283 | 31,462 | |
14P |
89,745 | 58,283 | 31,462 | - | |
| Document | |||||
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 08-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| 47,070 | 46,233 | 40,447 | 43,593 | ||
| 37,001 | 36,616 | 31,927 | 34,468 | ||
| 4,163 | 3,323 | 1,964 | 13,867 | ||
| 19,337 | 29,283 | 36,220 | - | ||
| 121,695 | 88,857 | 55,564 | 30,214 | ||
| 91.2% | 78.3% | 69.5% | 60.7% | ||
| 10.88 | 4.38 | 3.00 | 2.59 | ||
| 0.10 | 0.28 | 0.44 | 0.65 | ||
| 26.1% | 33.2% | 42.4% | 86.3% | ||
| 23.8% | 26.0% | 29.5% | 52.3% | ||
| over 100 | over 100 | over 100 | over 100 |
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| Item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Tangible fixed assets | €4,163 | €3,323 | €1,964 | €13,867 |
| €3,506 | €5,154 | €5,106 | €3,006 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on NEXCODE
The operating result for 2025 is 6% higher than in 2024 and the highest since 2022. It is the second rise in a row, after the fall in 2023.
Debt's share of the balance-sheet total falls from 21.7% to 8.8%. Equity is higher and debt is lower.