ACTIVE

Codacious

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Financial year 2025 · closed on 31/12/2025

Net result

-7,7 k €

-156.9% YoY

Gross margin

1,6 M €

+9.9% YoY

Equity

37,2 k €

-17.1% YoY

Workforce

17,4 ETP

-4.4% YoY

What does Codacious do?

Codacious is a Private limited company incorporated in 2015. Its main activity is: Computer programming activities. Its registered office is in Antwerpen. It employs on average 17,4 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0643.652.111

Incorporation

26/11/2015

Legal form

Private limited company

Registered office

Entrepotkaai 10A
2000 Antwerpen · FlandreSee on map

Contributed capital

25 000,00 €

Latest accounts

31/12/2025

Average workforce

17,4 ETP

Activities (NACE)

62010Computer programming activities· main 62020Computer consultancy activities 62100Computer programming, consultancy and related activities 62200Computer programming, consultancy and related activities

Joint committees (2)

Contacts

3 public details availableLog in to view

Signals

Positive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 10 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016
Income statement
Gross margin	1,6 M €	+9.9%	1,5 M €	+4.3%	1,4 M €	+22.1%	1,2 M €	+2.4%	1,2 M €	+12.6%	1,0 M €	+29.6%	788,5 k €	+81.7%	434,0 k €	+11.3%	389,8 k €	+213%	124,7 k €
EBITDA	98,2 k €	-39.0%	161,0 k €	+12.8%	142,7 k €	+141%	59,2 k €	-52.2%	123,7 k €	-8.5%	135,1 k €	+0.1%	135,0 k €	+128%	59,1 k €	+166%	22,2 k €	-33.7%	33,5 k €
Operating result	56,5 k €	-48.7%	110,1 k €	+20.3%	91,6 k €	+214%	29,1 k €	-73.6%	110,5 k €	-10.9%	124,0 k €	+15.1%	107,7 k €	+297%	27,1 k €	+828%	-3,7 k €	-125%	14,8 k €
Net result	-7,7 k €	-157%	13,5 k €	+116%	6,2 k €	+117%	-36,7 k €	-176%	48,4 k €	-9.3%	53,4 k €	-17.4%	64,6 k €	+14013%	457,9 €	+102%	-21,4 k €	-571%	4,6 k €
Balance sheet
Equity	37,2 k €	-17.1%	44,8 k €	+43.0%	31,4 k €	+24.8%	25,1 k €	-59.4%	61,9 k €	+133%	26,6 k €	-20.0%	33,2 k €	+287%	8,6 k €	+5.6%	8,1 k €	-72.5%	29,6 k €
Total assets	608,4 k €	+18.8%	512,2 k €	-39.9%	852,4 k €	+1.5%	840,2 k €	+66.1%	505,8 k €	+11.4%	454,0 k €	+32.0%	343,8 k €	+50.5%	228,5 k €	-10.6%	255,7 k €	+116%	118,5 k €
Cash	236,4 k €	+64.3%	143,9 k €	-44.0%	256,9 k €	+46.7%	175,1 k €	-45.4%	320,9 k €	+35.4%	237,0 k €	+125%	105,3 k €	+76.8%	59,6 k €	+80.4%	33,0 k €	-22.8%	42,8 k €
Debts	568,8 k €	+24.0%	458,6 k €	-44.1%	821,1 k €	+0.7%	815,1 k €	+83.6%	443,9 k €	+3.9%	427,4 k €	+37.6%	310,6 k €	+41.3%	219,9 k €	-11.2%	247,5 k €	+178%	88,9 k €
Other
Workforce	17,4 ETP	-4.4%	18,2 ETP	+3.4%	17,6 ETP	+10.0%	16,0 ETP	+1.9%	15,7 ETP	+10.6%	14,2 ETP		–		–		–		1,9 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

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

Active mandates

AXXES

Director · since 23 janvier 2026 · 0462.721.177

Represented by Benjamin GOESAERT

Active

Ended mandates

Stefan Moelants

Director · since 26 novembre 2015

Ended

Stefan Moelants

Manager · since 26 novembre 2015

Ended

Stefan Moelants

Director

Ended

At this address

Other companies at this address

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AXXES● Active	0462.721.177
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Tech Tribes Group● Active	1006.330.359
Tech Tribes sourcing● Active	0662.622.836
TT BEL Management Pool● Active	1010.658.341
TT BEL Management Pool 2● Active	1030.085.659

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	24/06/2026	18/07/2025	19/06/2024	30/08/2023	29/06/2022	08/06/2021
General meeting	08/06/2026	09/06/2025	10/06/2024	12/06/2023	13/06/2022	07/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

10 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	08/06/2026	24/06/2026	Dutch	PDF
Abridged model	31/12/2024	09/06/2025	18/07/2025	Dutch	PDF
Abridged model	31/12/2023	10/06/2024	19/06/2024	Dutch	PDF
Abridged model	31/12/2022	12/06/2023	30/08/2023	Dutch	PDF
Abridged model	31/12/2021	13/06/2022	29/06/2022	Dutch	PDF
Abridged model	31/12/2020	07/06/2021	08/06/2021	Dutch	PDF
Micro model	31/12/2019	08/06/2020	31/07/2020	Dutch	PDF
Micro model	31/12/2018	11/06/2019	24/07/2019	Dutch	PDF
Micro model	31/12/2017	11/06/2018	31/08/2018	Dutch	PDF
Abridged model	31/12/2016	12/06/2017	19/06/2017	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 3 ended

Active mandates

AXXES

Director · since 23 janvier 2026 · 0462.721.177

Represented by Benjamin GOESAERT

Active

Ended mandates

Stefan Moelants

Director · since 26 novembre 2015

Ended

Stefan Moelants

Manager · since 26 novembre 2015

Ended

Stefan Moelants

Director

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates27/03/2026
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares13/01/2026
KAPITAAL - AANDELEN
PDF
Mandates06/08/2020
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Other30/11/2015
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

2025
Annual accounts 2025-7,7 k €↓
2024
Annual accounts 202413,5 k €↑
2023
Annual accounts 20236,2 k €↑
2022
Annual accounts 2022-36,7 k €↓
2021
Annual accounts 202148,4 k €↓
2020
Annual accounts 202053,4 k €↓
2019
Annual accounts 201964,6 k €↑
2018
Annual accounts 2018457,9 €↑
2017
Annual accounts 2017-21,4 k €↓
2016
Annual accounts 20164,6 k €
26/11/2015
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Codacious

Overview

What does Codacious do?

Trend over 10 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline