Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 57 % of short-term debt in 2025; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2023.
Financials
Financial year 2025
CodeKick from Torhout, company number BE0637720263, closed financial year 2025 with a result of € 3,641 after tax. For that financial year CodeKick recorded a gross margin of € 2 million and equity of € 110,106. Compared with financial year 2024, the result moved from € 7,165 to € 3,641. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 110,106
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3,641
▼ 49% vs 2024
Profit after tax over the fiscal year.
€ 121,648
▲ € 91,523 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 91,506.
People and assets in 2025
28.6
▲ 1.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.4 million
▼ 5% vs 2024
€ 48,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 4,120
▼ 73% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.4 million
▲ 56% vs 2024
€ 224,439 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 565,682
▲ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 149,557
▼ 7% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,091,245 | € 1,609,978 | € 1,881,243 | € 1,960,394 | ▲ 4% |
| Profit after taxes | € 10,421 | € 3,979 | € 7,165 | € 3,641 | ▼ 49% |
| Equity | € 95,320 | € 99,299 | € 106,464 | € 110,106 | ▲ 3% |
| Total debts | € 1,500,329 | € 1,691,284 | € 1,977,991 | € 2,436,108 | ▲ 23% |
| Cash | € 69,249 | € 14,300 | € 30,125 | € 121,648 | ▲ € 91,523 |
| Land & buildings | € 441,802 | € 410,281 | € 378,759 | € 347,238 | ▼ 8% |
| Retained profit | € 76,720 | € 80,699 | € 87,864 | € 91,506 | ▲ 4% |
| Bank debt | € 800,082 | € 821,175 | € 903,399 | € 1,409,461 | ▲ 56% |
| Balance sheet total | € 1,595,649 | € 1,790,583 | € 2,084,456 | € 2,546,214 | ▲ 22% |
| Employees (FTE) | - | 23 | 27.1 | 28.6 | ▲ 1.5 |
Key figures of CodeKick, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to CodeKick?
What happened at CodeKick in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 3,641 (▼ 49% vs 2024). filed late Source: NBB ↗
- New establishment in Torhout. KBO
- AC Projects BV became a director. NBB
- Kece Comm.V became a director. NBB
- New establishment in Torhout. KBO
- Start of the company according to the CBE. KBO
In short
From € 10,421 profit in 2022 to € 3,641 profit in 2025.
Paid € 80,217 in corporate taxes since 2022.
Best year ever: 2022, with € 10,421 profit.
On average € 68,500 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind CodeKick are AC Projects BV and Kece Comm.V.
Directors
According to the 2025 annual accounts
Manager · represented by Anthony Claeys
since 2019
Manager · represented by Kevin Cloet
since 2019
Establishments
Establishment units
Physical locations of this company
Bruggestraat 137
8820 Torhout
Ambachtstraat 14
8820 Torhout
Active since 17 December 2022
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0637.720.263
- VAT number
- BE 0637.720.263
- Registered office
- Bruggestraat 137, 8820 Torhout
- Names & denominations
- CodeKick
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 September 2015
- Peppol
- Active · Active since 2 Feb 2026
- Activities · NACE
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