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 18 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
Code200 from Ledegem, company number BE0760301341, closed financial year 2024 with a result of € 3,289 after tax. For that financial year Code200 recorded a gross margin of € 77,307 and equity of € 448. Compared with financial year 2023, the result moved from € 15,104 to € 3,289. 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 October 28, 2025.
€ 448
▲ € 3,289 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3,289
▼ 78% vs 2023
Profit after tax over the fiscal year.
€ 157
▼ 96% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -4,552.
People and assets in 2024
€ 37,858
▼ 11% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 5,781
▼ 48% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 106,860
▲ 228% vs 2023
€ 26,050 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 41,167
▲ 127% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 14,100
▼ 54% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 15,297 | € 80,199 | € 81,844 | € 77,307 | ▼ 6% |
| Profit after taxes | € -3,145 | € 19,815 | € 15,104 | € 3,289 | ▼ 78% |
| Equity | € 1,855 | € 21,670 | € -2,841 | € 448 | ▲ € 3,289 |
| Total debts | € 156,891 | € 165,817 | € 215,666 | € 186,074 | ▼ 14% |
| Cash | € 7,459 | € 185 | € 4,073 | € 157 | ▼ 96% |
| Land & buildings | - | € 72,485 | € 68,670 | € 64,855 | ▼ 6% |
| Retained profit | € -3,145 | € 16,670 | € -7,841 | € -4,552 | ▲ € 3,289 |
| Dividend | € 0 | € 0 | € 15,000 | € 0 | ▼ 100% |
| Bank debt | € 27,972 | € 16,139 | € 32,567 | € 106,860 | ▲ 228% |
| Balance sheet total | € 158,746 | € 187,487 | € 212,825 | € 186,522 | ▼ 12% |
Key figures of Code200, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Code200?
What happened at Code200 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 3,289 (▼ 78% vs 2023). filed late Source: NBB ↗
- New establishment in Ledegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 3,145 loss in 2021 to € 3,289 profit in 2024.
Paid € 5,200 in corporate taxes since 2021.
Best year ever: 2022, with € 19,815 profit.
Paid out € 15,000 in dividends to the owners in total.
Establishments
Establishment units
Physical locations of this company
Leliestraat 5
8880 Ledegem
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
NETBASE, NL
Domain
Domain
nx2.be
Registered
2011-03-01
Website info
Features
Security
Details
- Company number
- 0760.301.341
- VAT number
- BE 0760.301.341
- Registered office
- Leliestraat 5, 8880 Ledegem
- Names & denominations
- Code200
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 December 2020
- Peppol
- Active · Active since 4 Sept 2025
- Contact
- nx2.be
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