Financials
Financial year 2025
CODE from Gent, company number BE0810350470, closed financial year 2025 with a result of € 308,884 after tax. For that financial year CODE recorded a gross margin of € 560,386 and equity of € 1.4 million. Compared with financial year 2024, the result moved from € 162,792 to € 308,884. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 13, 2026.
€ 1.4 million
▼ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 308,884
▲ 90% vs 2024
Profit after tax over the fiscal year.
€ 359,035
▼ 10% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 415,788 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 97,691
▲ € 79,236 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 684,104
▲ 44% vs 2024
€ 126,195 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 4,597
▼ 31% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 42,124
▲ € 40,430 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 560,532 | € 563,097 | € 355,588 | € 560,386 | ▲ 58% |
| Profit after taxes | € 319,427 | € 257,044 | € 162,792 | € 308,884 | ▲ 90% |
| Equity | € 1,432,553 | € 1,520,318 | € 1,514,368 | € 1,407,464 | ▼ 7% |
| Total debts | € 227,147 | € 525,314 | € 489,515 | € 739,805 | ▲ 51% |
| Cash | € 938,165 | € 398,205 | € 399,624 | € 359,035 | ▼ 10% |
| Land & buildings | € 399,221 | € 1,288,305 | € 1,257,511 | € 1,208,548 | ▼ 4% |
| Retained profit | € 1,414,003 | € 1,520,318 | € 1,514,368 | € 1,407,464 | ▼ 7% |
| Dividend | € 111,803 | € 150,729 | € 168,742 | € 415,788 | ▲ 146% |
| Bank debt | € 78,320 | € 341,100 | € 476,091 | € 684,104 | ▲ 44% |
| Balance sheet total | € 1,659,700 | € 2,045,632 | € 2,003,883 | € 2,147,269 | ▲ 7% |
Key figures of CODE, 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?
What happened at CODE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 308,884 (▲ 90% vs 2024). Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Gent. KBO
In short
From € 319,427 profit in 2022 to € 308,884 profit in 2025.
Paid € 495,186 in corporate taxes since 2022.
Best year ever: 2022, with € 319,427 profit.
Paid out € 847,062 in dividends to the owners in total.
Management
Behind CODE are Roel Cocquyt and Dirk Develder. Roel Cocquyt is also behind CAAN ARCHITECTEN.
Directors
According to the 2025 annual accounts
Dirk Develder
Director
Establishments
Establishment units
Physical locations of this company
Eeklostraat 160
9030 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0810.350.470
- VAT number
- BE 0810.350.470
- Registered office
- Eeklostraat 160, 9030 Gent
- Names & denominations
- CODE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 March 2009
- Peppol
- Active · Active since 6 Feb 2026
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