Financials
Financial year 2025
TEACODER from Aalst, company number BE0718842056, closed financial year 2025 with a result of € 95,899 after tax. For that financial year TEACODER recorded a gross margin of € 160,816 and equity of € 200,700. Compared with financial year 2024, the result moved from € 26,742 to € 95,899. 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 June 1, 2026.
€ 200,700
▲ 92% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 95,899
▲ 259% vs 2024
Profit after tax over the fiscal year.
€ 91,641
▲ 234% 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 € 182,100.
People and assets in 2025
€ 56
▲ 106% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 35,133
▼ 23% vs 2024
Of which on lease € 22,310.
Debts at end 2025
€ 183,965
▼ 14% vs 2024
€ 25,112 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 3,045
▼ 78% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 25,173
▼ 24% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 55,995 | € 29,394 | € 70,150 | € 160,816 | ▲ 129% |
| Profit after taxes | € 30,699 | € 9,446 | € 26,742 | € 95,899 | ▲ 259% |
| Equity | € 68,613 | € 78,059 | € 104,801 | € 200,700 | ▲ 92% |
| Total debts | € 148,895 | € 264,488 | € 283,471 | € 213,189 | ▼ 25% |
| Cash | € 3,402 | € 38,509 | € 27,446 | € 91,641 | ▲ 234% |
| Land & buildings | € 120,657 | € 187,526 | € 196,000 | € 188,734 | ▼ 4% |
| Retained profit | € 50,013 | € 59,459 | € 86,201 | € 182,100 | ▲ 111% |
| Bank debt | € 107,197 | € 210,575 | € 213,500 | € 183,965 | ▼ 14% |
| Balance sheet total | € 217,508 | € 342,548 | € 388,272 | € 413,889 | ▲ 7% |
Key figures of TEACODER, 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 TEACODER?
What happened at TEACODER in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New establishment in Gent. KBO
- New annual accounts for financial year 2025: profit of € 95,899 (▲ 259% vs 2024). Source: NBB ↗
- New establishment in Aalst. KBO
- Kay DE GREEF became a director. NBB
- Matthias CARYN became a director. NBB
- New establishment in Aalst. KBO
- Start of the company according to the CBE. KBO
In short
From € 30,699 profit in 2022 to € 95,899 profit in 2025.
Paid € 57,748 in corporate taxes since 2022.
Best year ever: 2025, with € 95,899 profit.
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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 TEACODER are Kay DE GREEF and Matthias CARYN.
Directors
According to the 2025 annual accounts
Kay DE GREEF
Director
since 2023
Matthias CARYN
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Sleedoorn 12
9300 Aalst
Keppestraat 13
9320 Aalst
Active since 20 February 2024
Kortrijksepoortstraat 160
9000 Gent
Active since 1 July 2026
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0718.842.056
- VAT number
- BE 0718.842.056
- Registered office
- Sleedoorn 12, 9300 Aalst
- Names & denominations
- TEACODER
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 January 2019
- Peppol
- Active · Active since 24 Feb 2025
- Activities · NACE
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