ACTIVE

CODE CARE

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Financial year 2025 · closed on 31/12/2025
Net result
315,8 k €
+31.4% YoY
Gross margin
766,9 k €
+35.2% YoY
Equity
123,2 k €
-75.0% YoY

What does CODE CARE do?

CODE CARE is a Private limited company incorporated in 2013. Its main activity is: Computer programming activities. Its registered office is in Waregem.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0538.626.647
Incorporation
16/09/2013
Legal form
Private limited company
Registered office
Ruitersdreef 22
8790 Waregem · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Activities (NACE)
62010Computer programming activities· main62100Computer programming, consultancy and related activities62020Computer consultancy activities62200Computer programming, consultancy and related activities68201Rental and operating of own or leased real estate68201Rental and operating of own or leased real estate
Joint committees (2)
  • 200
  • 20000
Signals
ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

202520242023202220212020201920182017201620152014
Income statement
Gross margin766,9 k €567,2 k €346,7 k €248,9 k €63,8 k €32,6 k €29,3 k €24,0 k €33,9 k €49,2 k €76,2 k €107,4 k €
EBITDA501,8 k €419,4 k €218,7 k €175,5 k €56,2 k €29,6 k €25,1 k €23,0 k €31,8 k €47,6 k €74,8 k €105,7 k €
Operating result441,5 k €330,7 k €170,1 k €134,1 k €25,2 k €15,3 k €10,9 k €15,8 k €25,6 k €40,4 k €67,1 k €95,0 k €
Net result315,8 k €240,3 k €123,4 k €103,7 k €87,2 k €8,9 k €6,8 k €13,2 k €17,3 k €32,7 k €45,7 k €63,7 k €
Balance sheet
Equity123,2 k €492,5 k €337,1 k €313,8 k €250,1 k €162,8 k €154,0 k €191,1 k €177,9 k €160,6 k €128,0 k €82,3 k €
Total assets1,6 M €1,2 M €727,8 k €652,8 k €515,6 k €221,7 k €270,3 k €222,9 k €217,7 k €207,5 k €180,2 k €141,5 k €
Cash496,0 k €383,7 k €226,7 k €161,6 k €90,5 k €97,8 k €96,5 k €90,9 k €54,2 k €103,8 k €103,3 k €82,9 k €
Debts1,5 M €723,1 k €390,7 k €339,1 k €265,5 k €58,9 k €116,3 k €31,7 k €39,8 k €46,8 k €52,3 k €59,3 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

Tsjelle Stevens

Director

Active

Ended mandates

Tsjelle Stevens

Manager · since 16 septembre 2013

Ended
Tsjelle Stevens

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 date10/06/202621/07/202528/07/202423/07/202320/07/202229/08/2021
General meeting15/05/202621/06/202530/06/202423/06/202320/06/202230/06/2021
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

12 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202515/05/202610/06/2026DutchPDF
Micro model31/12/202421/06/202521/07/2025DutchPDF
Micro model31/12/202330/06/202428/07/2024DutchPDF
Micro model31/12/202223/06/202323/07/2023DutchPDF
Micro model31/12/202120/06/202220/07/2022DutchPDF
Micro model31/12/202030/06/202129/08/2021DutchPDF
Micro model31/12/201907/09/202007/10/2020DutchPDF
Micro model31/12/201830/06/201930/08/2019DutchPDF
Micro model31/12/201730/06/201829/07/2018DutchPDF
Micro model31/12/201630/06/201731/07/2017DutchPDF
Abridged model31/12/201517/06/201629/08/2016DutchPDF
Abridged model31/12/201430/06/201531/07/2015DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 M€

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 · 2 ended

Active mandates

Tsjelle Stevens

Director

Active

Ended mandates

Tsjelle Stevens

Manager · since 16 septembre 2013

Ended
Tsjelle Stevens

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates11/01/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other25/09/2013
    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 2025315,8 k €↑
  2. 2024
    Annual accounts 2024240,3 k €↑
  3. 2023
    Annual accounts 2023123,4 k €↑
  4. 2022
    Annual accounts 2022103,7 k €↑
  5. 2021
    Annual accounts 202187,2 k €↑
  6. 2020
    Annual accounts 20208,9 k €↑
  7. 2019
    Annual accounts 20196,8 k €↓
  8. 2018
    Annual accounts 201813,2 k €↓
  9. 2017
    Annual accounts 201717,3 k €↓
  10. 2016
    Annual accounts 201632,7 k €↓
  11. 2015
    Annual accounts 201545,7 k €↓
  12. 2014
    Annual accounts 201463,7 k €
  13. 16/09/2013
    IncorporationPrivate limited company