ACTIVE

CODE16

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Financial year 2025 · closed on 30/06/2025
Net result
1,0 k €
+220.6% YoY
Gross margin
6,9 k €
-2.0% YoY
Equity
19,2 k €
+0.9% YoY

What does CODE16 do?

CODE16 is a Private limited company incorporated in 2014. Its main activity is: Manufacture of medical and dental instruments and supplies. Its registered office is in Ingelmunster.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0505.717.616
Incorporation
26/11/2014
Legal form
Private limited company
Registered office
Nieuwstraat 32
8770 Ingelmunster · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
30/06/2025
Activities (NACE)
32500Manufacture of medical and dental instruments and supplies· main32500Manufacture of medical and dental instruments and supplies71111Architectural activities71111Architectural activities
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 10 financial years

2025202420232022202120202019201820172016
Income statement
Gross margin6,9 k €7,0 k €1,7 k €8,8 k €13,4 k €28,5 k €37,5 k €11,6 k €15,8 k €24,1 k €
EBITDA5,9 k €6,1 k €883,6 €8,0 k €12,6 k €14,8 k €36,7 k €10,7 k €14,8 k €22,8 k €
Operating result2,2 k €1,2 k €-4,6 k €2,0 k €6,2 k €11,2 k €30,1 k €3,8 k €10,1 k €15,7 k €
Net result1,0 k €314,1 €-5,2 k €-355,4 €4,3 k €9,6 k €23,2 k €2,4 k €6,7 k €11,1 k €
Balance sheet
Equity19,2 k €19,0 k €27,2 k €32,3 k €34,3 k €31,6 k €22,0 k €26,4 k €24,0 k €17,3 k €
Total assets29,4 k €38,4 k €32,7 k €48,3 k €50,7 k €79,7 k €90,0 k €53,1 k €37,7 k €35,2 k €
Cash23,2 k €30,8 k €16,6 k €19,5 k €27,8 k €49,3 k €47,1 k €24,4 k €17,6 k €23,1 k €
Debts10,2 k €19,4 k €5,5 k €15,9 k €16,4 k €48,1 k €68,0 k €26,7 k €13,6 k €18,0 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 30/06/2025 · 2 active · 2 ended

Active mandates

Frank De Pelsmaeker

Director

Active
Greetje Maertens

Director

Active

Ended mandates

Frank De Pelsmaeker

Manager

Ended
Greetje Maertens

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/07/202401/07/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year30/06/202530/06/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date06/01/202614/01/202525/09/202305/01/202321/12/202129/01/2021
General meeting26/12/202527/12/202418/09/202320/12/202226/11/202127/11/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

10 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/06/202526/12/202506/01/2026DutchPDF
Micro model30/06/202427/12/202414/01/2025DutchPDF
Micro model30/06/202318/09/202325/09/2023DutchPDF
Micro model30/06/202220/12/202205/01/2023DutchPDF
Micro model30/06/202126/11/202121/12/2021DutchPDF
Micro model30/06/202027/11/202029/01/2021DutchPDF
Micro model30/06/201929/11/201920/12/2019DutchPDF
Micro model30/06/201830/11/201819/12/2018DutchPDF
Micro model30/06/201724/11/201707/12/2017DutchPDF
Abridged model30/06/201625/11/201621/12/2016DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 30/06/2025 · 2 active · 2 ended

Active mandates

Frank De Pelsmaeker

Director

Active
Greetje Maertens

Director

Active

Ended mandates

Frank De Pelsmaeker

Manager

Ended
Greetje Maertens

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates28/12/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - OBJET - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
    PDF
  • Other28/11/2014
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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 20251,0 k €↑
  2. 2025
    Name changeCode16
  3. 2024
    Annual accounts 2024314,1 €↑
  4. 2023
    Annual accounts 2023-5,2 k €↓
  5. 2022
    Annual accounts 2022-355,4 €↓
  6. 2022
    Name changeCode 16
  7. 2021
    Annual accounts 20214,3 k €↓
  8. 2020
    Annual accounts 20209,6 k €↓
  9. 2019
    Annual accounts 201923,2 k €↑
  10. 2018
    Annual accounts 20182,4 k €↓
  11. 2017
    Annual accounts 20176,7 k €↓
  12. 2016
    Annual accounts 201611,1 k €
  13. 26/11/2014
    IncorporationPrivate limited company