ACTIVE

CODEFLOW Systems

Export PDF
Financial year 2025 · closed on 31/12/2025
Net result
7,4 k €
+1101.3% YoY
Gross margin
58,9 k €
+22.2% YoY
Equity
139,8 k €
+5.6% YoY

What does CODEFLOW Systems do?

CODEFLOW Systems is a Private limited company incorporated in 2013. Its main activity is: Other human health activities. Its registered office is in Bree.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0502.329.940
Incorporation
04/01/2013
Legal form
Private limited company
Registered office
Vrijheidslaan 52
3960 Bree · FlandreSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2025
Activities (NACE)
86906Other human health activities· main86940Other human health activities46500Wholesale of information and communication equipment46510Wholesale of computers, computer peripheral equipment and software47400Retail sale of information and communication equipment in specialised stores47410Retail sale of computers, peripheral units and software in specialised stores+6
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

202520242023202220212020201920182017201620152014
Income statement
Gross margin58,9 k €48,2 k €59,2 k €61,2 k €55,2 k €52,5 k €43,7 k €65,0 k €37,5 k €49,9 k €28,9 k €70,4 k €
EBITDA17,8 k €6,8 k €23,1 k €27,6 k €24,9 k €23,7 k €15,8 k €37,6 k €9,9 k €16,8 k €27,8 k €68,4 k €
Operating result11,8 k €3,1 k €19,3 k €22,5 k €16,3 k €20,9 k €11,3 k €35,1 k €7,4 k €15,1 k €20,0 k €58,1 k €
Net result7,4 k €-742,6 €9,2 k €13,6 k €7,7 k €11,0 k €4,0 k €22,9 k €625,4 €11,9 k €11,1 k €35,0 k €
Balance sheet
Equity139,8 k €132,4 k €133,1 k €124,0 k €110,4 k €102,7 k €91,7 k €87,7 k €64,8 k €64,2 k €52,2 k €41,2 k €
Total assets170,4 k €163,5 k €166,9 k €159,0 k €158,4 k €157,0 k €122,3 k €123,0 k €98,5 k €108,6 k €80,4 k €83,1 k €
Cash25,3 k €41,8 k €39,2 k €56,6 k €54,8 k €83,0 k €82,8 k €103,3 k €78,8 k €88,1 k €57,8 k €61,5 k €
Debts30,6 k €31,1 k €33,8 k €35,1 k €41,2 k €53,6 k €29,5 k €34,1 k €33,2 k €44,1 k €27,8 k €39,6 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Luc Peeters

Director · since 04 janvier 2013

Active

Ended mandates

Luc Peeters

Director · since 07 janvier 2013

Ended
Luc Peeters

Director

Ended
Luc Peeters

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date16/07/202610/07/202529/08/202419/06/202304/07/202222/06/2021
General meeting30/06/202612/06/202513/06/202408/06/202309/06/202210/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

12 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202530/06/202616/07/2026DutchPDF
Micro model31/12/202412/06/202510/07/2025DutchPDF
Micro model31/12/202313/06/202429/08/2024DutchPDF
Micro model31/12/202208/06/202319/06/2023DutchPDF
Micro model31/12/202109/06/202204/07/2022DutchPDF
Micro model31/12/202010/06/202122/06/2021DutchPDF
Micro model31/12/201911/06/202022/06/2020DutchPDF
Micro model31/12/201813/06/201913/06/2019DutchPDF
Micro model31/12/201707/06/201818/06/2018DutchPDF
Micro model31/12/201608/06/201712/06/2017DutchPDF
Abridged model31/12/201509/06/201609/06/2016DutchPDF
Abridged model31/12/201411/06/201515/06/2015DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Luc Peeters

Director · since 04 janvier 2013

Active

Ended mandates

Luc Peeters

Director · since 07 janvier 2013

Ended
Luc Peeters

Director

Ended
Luc Peeters

Manager

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates16/01/2023
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other04/03/2016
    DOEL
    PDF
  • Other18/01/2013
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 20257,4 k €↑
  2. 2024
    Annual accounts 2024-742,6 €↓
  3. 2023
    Annual accounts 20239,2 k €↓
  4. 2022
    Annual accounts 202213,6 k €↑
  5. 2021
    Annual accounts 20217,7 k €↓
  6. 2021
    Name changeCode Flow Systems
  7. 2020
    Annual accounts 202011,0 k €↑
  8. 2019
    Annual accounts 20194,0 k €↓
  9. 2018
    Annual accounts 201822,9 k €↑
  10. 2017
    Annual accounts 2017625,4 €↓
  11. 2016
    Annual accounts 201611,9 k €↑
  12. 2015
    Annual accounts 201511,1 k €↓
  13. 2014
    Annual accounts 201435,0 k €
  14. 2014
    Name changeCodeflow Systems
  15. 04/01/2013
    IncorporationPrivate limited company