What is the address of CODE16?

The registered office of CODE16 is located at Nieuwstraat 32, 8770 Ingelmunster.

Is CODE16 still active?

Yes. According to the CBE (29 October 2026) CODE16 is active, legal situation “Normale toestand”, started on 26 November 2014.

Is CODE16 registered on Peppol?

Yes, CODE16 is registered on the Peppol network with ID 0208:0505717616.

What is the enterprise number of CODE16?

The enterprise number of CODE16 is BE0505717616.

When was CODE16 founded?

CODE16 was founded on 26 November 2014.

Who are the directors of CODE16?

According to the 2025 annual accounts, the directors of CODE16 are: Frank De Pelsmaeker, Greetje Maertens.

Is CODE16 a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 26 November 2014; 4 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did CODE16 make in 2025?

CODE16 posted a profit after taxes of € 1,007 in financial year 2025.

What is the revenue of CODE16?

As a small company, CODE16 is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 6,888.

CODE16 (Private Limited) - Ingelmunster - BE0505717616

Q: What does CODE16 do?

CODE16 is registered with the CBE as active in: Vervaardiging van medische en tandheelkundige instrumenten en benodigdheden. Private Limited, started on 26 November 2014, 1 establishment.

Dossier CODE16, printed on 29 October 2026 from databakkes.be/en/0505717616/code16. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

CODE16 from Ingelmunster, company number BE0505717616, closed financial year 2025 with a result of € 1,007 after tax. For that financial year CODE16 recorded a gross margin of € 6,888 and equity of € 19,170. Compared with financial year 2024, the result moved from € 314 to € 1,007. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on January 6, 2026.

What it is worth Growing

€ 19,170

▲ 1% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 1,007

▲ 221% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 23,207

▼ 25% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 833 paid out

83 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Vehicles and equipment

€ 814

▼ 81% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 2,826

▼ 44% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 5,320

▲ 18% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 8,777 Gross margin 2022: € 8,777 First fiscal year in the series	€ 1,691 Gross margin 2023: € 1,691 ▼ 81% vs 2022 (€ 8,777) Unfavourable step	€ 7,031 Gross margin 2024: € 7,031 ▲ € 5,341 vs 2023 (€ 1,691) Favourable step	€ 6,888 Gross margin 2025: € 6,888 ▼ 2% vs 2024 (€ 7,031) Unfavourable step	▼ 2%
Profit after taxes	€ -355 Profit after taxes 2022: € -355 First fiscal year in the series	€ -5,167 Profit after taxes 2023: € -5,167 ▼ € 4,811 vs 2022 (€ -355) Unfavourable step	€ 314 Profit after taxes 2024: € 314 ▲ € 5,481 vs 2023 (€ -5,167) Favourable step	€ 1,007 Profit after taxes 2025: € 1,007 ▲ 221% vs 2024 (€ 314) Favourable step	▲ 221%
Equity	€ 32,349 Equity 2022: € 32,349 First fiscal year in the series	€ 27,182 Equity 2023: € 27,182 ▼ 16% vs 2022 (€ 32,349) Unfavourable step	€ 18,996 Equity 2024: € 18,996 ▼ 30% vs 2023 (€ 27,182) Unfavourable step	€ 19,170 Equity 2025: € 19,170 ▲ 1% vs 2024 (€ 18,996) Favourable step	▲ 1%
Total debts	€ 15,915 Total debts 2022: € 15,915 First fiscal year in the series	€ 5,520 Total debts 2023: € 5,520 ▼ 65% vs 2022 (€ 15,915) Favourable step	€ 19,409 Total debts 2024: € 19,409 ▲ 252% vs 2023 (€ 5,520) Unfavourable step	€ 10,206 Total debts 2025: € 10,206 ▼ 47% vs 2024 (€ 19,409) Favourable step	▼ 47%
Cash	€ 19,547 Cash 2022: € 19,547 First fiscal year in the series	€ 16,595 Cash 2023: € 16,595 ▼ 15% vs 2022 (€ 19,547) Unfavourable step	€ 30,785 Cash 2024: € 30,785 ▲ 86% vs 2023 (€ 16,595) Favourable step	€ 23,207 Cash 2025: € 23,207 ▼ 25% vs 2024 (€ 30,785) Unfavourable step	▼ 25%
Retained profit	€ 13,749 Retained profit 2022: € 13,749 First fiscal year in the series	€ 8,582 Retained profit 2023: € 8,582 ▼ 38% vs 2022 (€ 13,749) Unfavourable step	€ 396 Retained profit 2024: € 396 ▼ 95% vs 2023 (€ 8,582) Unfavourable step	€ 570 Retained profit 2025: € 570 ▲ 44% vs 2024 (€ 396) Favourable step	▲ 44%
Dividend	€ 1,600 Dividend 2022: € 1,600 First fiscal year in the series	€ 0 Dividend 2023: € 0 ▼ 100% vs 2022 (€ 1,600) Unchanged	€ 8,500 Dividend 2024: € 8,500 Unchanged (€ 0) Unchanged	€ 833 Dividend 2025: € 833 ▼ 90% vs 2024 (€ 8,500) Unchanged	▼ 90%
Balance sheet total	€ 48,264 Balance sheet total 2022: € 48,264 First fiscal year in the series	€ 32,702 Balance sheet total 2023: € 32,702 ▼ 32% vs 2022 (€ 48,264) Unchanged	€ 38,406 Balance sheet total 2024: € 38,406 ▲ 17% vs 2023 (€ 32,702) Unchanged	€ 29,377 Balance sheet total 2025: € 29,377 ▼ 24% vs 2024 (€ 38,406) Unchanged	▼ 24%

Key figures of CODE16, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.

What happened to CODE16?

What happened at CODE16 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jan 6, 2026 New annual accounts for financial year 2025: profit of € 1,007 (▲ 221% vs 2024). Source: NBB ↗
Dec 9, 2014 New establishment in Ingelmunster. KBO
Nov 26, 2014 Start of the company according to the CBE. KBO

In short

From € 355 loss in 2022 to € 1,007 profit in 2025.

Paid € 3,711 in corporate taxes since 2022.

Best year ever: 2025, with € 1,007 profit.

Paid out € 10,933 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Frank De Pelsmaeker Greetje Maertens

CODE16

Behind CODE16 are Frank De Pelsmaeker and Greetje Maertens.

Directors

According to the 2025 annual accounts

Frank De Pelsmaeker

Director

Greetje Maertens

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Nieuwstraat 32

8770 Ingelmunster

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0505.717.616

VAT number

BE 0505.717.616

Registered office

Nieuwstraat 32, 8770 Ingelmunster

Names & denominations

CODE16

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

26 November 2014

Peppol

Active · Active since 3 Sept 2025

Activities · NACE

Vervaardiging van medische en tandheelkundige instrumenten en benodigdheden

Bouwarchitecten

View on CBE Public ↗ Annual accounts (NBB) ↗

CODE16

Financials

What happened to CODE16?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions