Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 2 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
CODE ROUGE from Aywaille, company number BE0704589192, closed financial year 2025 with a result of € 2,866 after tax. For that financial year CODE ROUGE recorded a gross margin of € 3,464 and equity of € -37,782. Compared with financial year 2024, the result moved from € 1,282 to € 2,866. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 22, 2026.
€ -37,782
▲ € 2,866 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2,866
▲ 124% vs 2024
Profit after tax over the fiscal year.
€ 967
▲ 28% 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 € -56,382.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 158
▼ 86% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -2,523 | € -3,172 | € 1,974 | € 3,464 | ▲ 75% |
| Profit after taxes | € -5,764 | € -5,453 | € 1,282 | € 2,866 | ▲ 124% |
| Equity | € -36,478 | € -41,931 | € -40,649 | € -37,782 | ▲ € 2,866 |
| Total debts | € 53,746 | € 56,750 | € 58,291 | € 48,686 | ▼ 16% |
| Cash | € 874 | € 935 | € 753 | € 967 | ▲ 28% |
| Retained profit | € -55,078 | € -60,531 | € -59,249 | € -56,382 | ▲ € 2,866 |
| Balance sheet total | € 17,267 | € 14,819 | € 17,642 | € 10,904 | ▼ 38% |
Key figures of CODE ROUGE, 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 CODE ROUGE?
What happened at CODE ROUGE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2,866 (▲ 124% vs 2024). Source: NBB ↗
- BENOIT SOUGNE became a director. NBB
- New establishment in Durbuy. KBO
- Start of the company according to the CBE. KBO
In short
From € 5,764 loss in 2022 to € 2,866 profit in 2025.
Best year ever: 2025, with € 2,866 profit.
Management
Behind CODE ROUGE is BENOIT SOUGNE.
Directors
According to the 2025 annual accounts
BENOIT SOUGNE
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Chemin de Grimonster 21
4920 Aywaille
Rue Jean de Bohème 9
6940 Durbuy
Active since 14 September 2018
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0704.589.192
- VAT number
- BE 0704.589.192
- Registered office
- Chemin de Grimonster 21, 4920 Aywaille
- Names & denominations
- CODE ROUGE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 September 2018
- Peppol
- Active · Active since 1 Jan 2026
- Activities · NACE
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