What does Monocode do?

Monocode is an IT company in Hasselt. Private Limited, started on 14 October 2011, 1 establishment.

What is the address of Monocode?

The registered office of Monocode is located at Bampslaan 19 box 3, 3500 Hasselt.

Is Monocode still active?

No. The CBE lists Monocode with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.

Is Monocode registered on Peppol?

Yes, Monocode is registered on the Peppol network with ID 0208:0840295063.

What is the enterprise number of Monocode?

The enterprise number of Monocode is BE0840295063.

When was Monocode founded?

Monocode was founded on 14 October 2011.

Who are the directors of Monocode?

According to the 2024 annual accounts, the directors of Monocode are: KiKo Management.

Is Monocode a reliable company?

Databakkes does not pass judgement; this is what the sources say: Opening faillissement according to the CBE, started on 14 October 2011; 4 annual accounts filed, latest fiscal year 2024; 1 directors known from the annual account.

How much profit did Monocode make in 2024?

Monocode recorded a loss after taxes of € 157,510 in financial year 2024.

What is the revenue of Monocode?

As a small company, Monocode is not required to publish revenue in its annual accounts. In financial year 2024, its added value was € 368,760.

How much does an employee at Monocode earn?

The average wage cost per full-time employee at Monocode was € 53,200 in 2024: staff costs of € 489,297 for 9.2 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Monocode have?

According to the 2024 annual accounts, Monocode has 9.2 full-time equivalents (FTE).

Does Monocode have a website?

Yes, Monocode has a website at monocode.be.

Monocode (Private Limited) - Hasselt - BE0840295063

Dossier Monocode, printed on 22 September 2026 from databakkes.be/en/0840295063/monocode. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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 1 of the last 4 fiscal years.
Tight liquidity NBB

Cash and receivables cover 64 % of short-term debt in 2024; threshold 65 %.
Legal situation KBO

Opening faillissement according to the CBE.

Financials

Financial year 2024

Monocode from Hasselt, company number BE0840295063, closed financial year 2024 with a result of € -157,510 after tax. For that financial year Monocode recorded a gross margin of € 368,760 and equity of € -148,614. Compared with financial year 2023, the result moved from € 2,127 to € -157,510. The company made a loss. 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 31, 2025.

What it is worth Caution

€ -148,614

▼ € 157,510 vs 2023

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -157,510

▼ still € 2,127 profit in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 1,569

▲ 53% vs 2023

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -167,214.

People and assets in 2024

Full-time equivalents

9.2

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 489,297

▲ 3% vs 2023

€ 53,200 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.

Vehicles and equipment

€ 9,128

▼ 32% vs 2023

Book value of vehicles, furniture and equipment.

Debts at end 2024

Bank debt ≈ 9 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 200,812

▲ 164% vs 2023

€ 12,809 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.

Owed to suppliers

€ 49,111

▼ 38% vs 2023

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 97,612

▼ 38% vs 2023

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
	2021	2022	2023	2024	Change 2023 → 2024
Gross margin	€ 500,908 Gross margin 2021: € 500,908 First fiscal year in the series	€ 383,401 Gross margin 2022: € 383,401 ▼ 23% vs 2021 (€ 500,908) Unfavourable step	€ 512,061 Gross margin 2023: € 512,061 ▲ 34% vs 2022 (€ 383,401) Favourable step	€ 368,760 Gross margin 2024: € 368,760 ▼ 28% vs 2023 (€ 512,061) Unfavourable step	▼ 28%
Profit after taxes	€ 24,203 Profit after taxes 2021: € 24,203 First fiscal year in the series	€ -33,172 Profit after taxes 2022: € -33,172 ▼ € 57,375 vs 2021 (€ 24,203) Unfavourable step	€ 2,127 Profit after taxes 2023: € 2,127 ▲ € 35,299 vs 2022 (€ -33,172) Favourable step	€ -157,510 Profit after taxes 2024: € -157,510 ▼ € 159,637 vs 2023 (€ 2,127) Unfavourable step	▼ € 159,637
Equity	€ 39,941 Equity 2021: € 39,941 First fiscal year in the series	€ 6,769 Equity 2022: € 6,769 ▼ 83% vs 2021 (€ 39,941) Unfavourable step	€ 8,896 Equity 2023: € 8,896 ▲ 31% vs 2022 (€ 6,769) Favourable step	€ -148,614 Equity 2024: € -148,614 ▼ € 157,510 vs 2023 (€ 8,896) Unfavourable step	▼ € 157,510
Total debts	€ 169,967 Total debts 2021: € 169,967 First fiscal year in the series	€ 250,257 Total debts 2022: € 250,257 ▲ 47% vs 2021 (€ 169,967) Unfavourable step	€ 344,415 Total debts 2023: € 344,415 ▲ 38% vs 2022 (€ 250,257) Unfavourable step	€ 369,499 Total debts 2024: € 369,499 ▲ 7% vs 2023 (€ 344,415) Unfavourable step	▲ 7%
Cash	€ 8,129 Cash 2021: € 8,129 First fiscal year in the series	€ 3,630 Cash 2022: € 3,630 ▼ 55% vs 2021 (€ 8,129) Unfavourable step	€ 1,023 Cash 2023: € 1,023 ▼ 72% vs 2022 (€ 3,630) Unfavourable step	€ 1,569 Cash 2024: € 1,569 ▲ 53% vs 2023 (€ 1,023) Favourable step	▲ 53%
Retained profit	€ 21,341 Retained profit 2021: € 21,341 First fiscal year in the series	€ -11,831 Retained profit 2022: € -11,831 ▼ € 33,172 vs 2021 (€ 21,341) Unfavourable step	€ -9,704 Retained profit 2023: € -9,704 ▲ € 2,127 vs 2022 (€ -11,831) Favourable step	€ -167,214 Retained profit 2024: € -167,214 ▼ € 157,510 vs 2023 (€ -9,704) Unfavourable step	▼ € 157,510
Bank debt	€ 19,494 Bank debt 2021: € 19,494 First fiscal year in the series	€ 107,298 Bank debt 2022: € 107,298 ▲ € 87,804 vs 2021 (€ 19,494) Unfavourable step	€ 76,176 Bank debt 2023: € 76,176 ▼ 29% vs 2022 (€ 107,298) Favourable step	€ 200,812 Bank debt 2024: € 200,812 ▲ 164% vs 2023 (€ 76,176) Unfavourable step	▲ 164%
Balance sheet total	€ 209,908 Balance sheet total 2021: € 209,908 First fiscal year in the series	€ 257,026 Balance sheet total 2022: € 257,026 ▲ 22% vs 2021 (€ 209,908) Unchanged	€ 353,311 Balance sheet total 2023: € 353,311 ▲ 37% vs 2022 (€ 257,026) Unchanged	€ 220,885 Balance sheet total 2024: € 220,885 ▼ 37% vs 2023 (€ 353,311) Unchanged	▼ 37%
Employees (FTE)	-	-	-	9.2 Employees (FTE) 2024: 9.2 First fiscal year in the series

Key figures of Monocode, 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 Monocode?

What happened at Monocode in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Monocode is active according to the CBE. Legal situation: Opening faillissement.

Jul 31, 2025 New annual accounts for financial year 2024: loss of € 157,510 (▼ € 159,637 vs 2023). Source: NBB ↗
2023 KiKo Management became a director. NBB
Oct 14, 2011 New establishment in Hasselt. KBO
Oct 14, 2011 Start of the company according to the CBE. KBO

In short

From € 24,203 profit in 2021 to € 157,510 loss in 2024.

Paid € 1,741 in corporate taxes since 2021.

Best year ever: 2021, with € 24,203 profit.

On average € 40,100 of value added per employee in 2024.

Original PDFs at the National Bank ↗

A new publication or filing at Monocode? We notify you, reason included.

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My folder 3 companies

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

Real filings at the National Bank

Management

KiKo Management 50%

The stake of KiKo Management comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

Monocode

Behind Monocode is KiKo Management. The shares are held by KiKo Management (50%).

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Directors

According to the 2024 annual accounts

KiKo Management

Director · represented by Koen HUYBRECHTS

since 2023

Shareholders

KiKo Management

50%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Bampslaan 19 box 3

3500 Hasselt

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.

All companies at this address →

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KORAAL ADVOCATEN

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+1 more

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Website

HTTPS monocode.be

About

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Website info

HTTPS Ja

Languages EN

Features

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Details

Company number

0840.295.063

VAT number

BE 0840.295.063

Registered office

Bampslaan 19 bus 3, 3500 Hasselt

Names & denominations

Monocode

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Opening faillissement

Start date

14 October 2011

Peppol

Active · Active since 9 Jul 2025

Contact

monocode.be

Activities · NACE

Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten

Computerconsultancy-activiteiten

Ontwerpen van computerprogramma’s

Activiteiten van adviesbureaus op het gebied van public relations en communicatie

Adviesbureaus op het gebied van public relations en communicatie

Ontwerpen en programmeren van computerprogramma's

View on CBE Public ↗ Annual accounts (NBB) ↗

Monocode

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Financials

What happened to Monocode?

Know what changes at your customers, suppliers and competitors. Without reading an annual account.

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Website

Technologies

Website info

Features

Details

Frequently asked questions