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Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2026
CODES from Mechelen, company number BE0546698730, closed financial year 2026 with a result of € 69,443 after tax. For that financial year CODES recorded a gross margin of € 133,703 and equity of € 1.3 million. Compared with financial year 2025, the result moved from € 76,845 to € 69,443. The company is profitable. 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 October 15, 2026.
€ 1.3 million
▲ 6% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 69,443
▼ 10% vs 2025
Profit after tax over the fiscal year.
€ 56,095
▲ 270% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € 512,840.
Debts at end 2026
€ 284,246
▼ 24% vs 2025
€ 88,665 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 3,040
▼ 78% vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 151,704 | € 143,012 | € 145,950 | € 133,703 | ▼ 8% |
| Profit after taxes | € 52,405 | € 71,792 | € 76,845 | € 69,443 | ▼ 10% |
| Equity | € 925,894 | € 997,686 | € 1,237,469 | € 1,306,912 | ▲ 6% |
| Total debts | € 567,985 | € 518,737 | € 397,410 | € 287,287 | ▼ 28% |
| Cash | € 28,649 | € 58,691 | € 15,174 | € 56,095 | ▲ 270% |
| Land & buildings | € 1,448,319 | € 1,421,638 | € 1,557,895 | € 1,531,214 | ▼ 2% |
| Retained profit | € 294,761 | € 366,552 | € 443,397 | € 512,840 | ▲ 16% |
| Bank debt | € 544,310 | € 458,599 | € 371,915 | € 284,246 | ▼ 24% |
| Balance sheet total | € 1,493,879 | € 1,516,423 | € 1,634,879 | € 1,594,199 | ▼ 2% |
Key figures of CODES, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to CODES?
What happened at CODES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 69,443 (▼ 10% vs 2025). Source: NBB ↗
- Lise VAN BUGGENHOUT became a director. NBB
- New establishment in Mechelen. KBO
- Start of the company according to the CBE. KBO
- Herman COLPIN became a director. NBB
In short
From € 52,405 profit in 2023 to € 69,443 profit in 2026.
Paid € 128,631 in corporate taxes since 2023.
Best year ever: 2025, with € 76,845 profit.
Management
The stake of Dokter Danny Schoors, cardioloog comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CODESBehind CODES are Herman COLPIN and Lise VAN BUGGENHOUT. The shares are held by Dokter Danny Schoors, cardioloog (25%).
Directors
According to the 2026 annual accounts
since 2014
Lise VAN BUGGENHOUT
Administrator-manager
since 2022
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Borchtstraat 30 box 303
2800 Mechelen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →Dokter Herman Colpin same network
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€ 4.9 million revenue · 2025
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+4 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
CLOUDFLARESPECTRUM Cloudflare, Inc., US
Website info
Features
Security
Details
- Company number
- 0546.698.730
- VAT number
- BE 0546.698.730
- Registered office
- Borchtstraat 30 bus 303, 2800 Mechelen
- Names & denominations
- CODES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 February 2014
- Peppol
- Not registered
- Contact
- superellipse.be