ACTIVE

CODEBASE

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Financial year 2025 · closed on 30/09/2025
Net result
40,1 k €
+0.7% YoY
Gross margin
64,1 k €
+1.2% YoY
Equity
24,1 k €
-59.1% YoY

What does CODEBASE do?

CODEBASE is a Private limited company incorporated in 2021. Its main activity is: Computer programming activities. Its registered office is in Zottegem.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0772.380.712
Incorporation
09/08/2021
Legal form
Private limited company
Registered office
Ragestraat 66
9620 Zottegem · FlandreSee on map
Contributed capital
3 000,00 €
Latest accounts
30/09/2025
Activities (NACE)
62010Computer programming activities· main62100Computer programming, consultancy and related activities62020Computer consultancy activities62030Computer facilities management activities62090Other information technology and computer service activities62200Computer programming, consultancy and related activities+5
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDA
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Health score
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✦ Verdict · Analyst summary
Financials

Trend over 4 financial years

2025202420232022
Income statement
Gross margin64,1 k €63,3 k €20,1 k €11,6 k €
EBITDA60,3 k €60,3 k €16,7 k €7,9 k €
Operating result53,6 k €53,6 k €15,0 k €7,9 k €
Net result40,1 k €39,8 k €11,3 k €4,9 k €
Balance sheet
Equity24,1 k €59,0 k €19,2 k €7,9 k €
Total assets92,0 k €98,5 k €72,1 k €24,8 k €
Cash36,4 k €46,3 k €8,6 k €24,8 k €
Debts67,9 k €39,5 k €52,9 k €16,9 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 1 ended

Active mandates

Salvatore Castellano

Director

Active

Ended mandates

Salvatore Castellan

Director

Ended
Annual accounts

Full financial information

2025202420232022
Type of accountMicro modelMicro modelMicro modelMicro model
Start of the financial year01/10/202401/10/202301/10/202209/08/2021
Closing of the financial year30/09/202530/09/202430/09/202330/09/2022
Length of the financial year12 months12 months12 months14 months
Filing date02/04/202628/04/202529/04/202427/04/2023
General meeting27/03/202628/03/202522/03/202424/03/2023
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

4 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/09/202527/03/202602/04/2026DutchPDF
Micro model30/09/202428/03/202528/04/2025DutchPDF
Micro model30/09/202322/03/202429/04/2024DutchPDF
Micro model30/09/202224/03/202327/04/2023DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 30/09/2025 · 1 active · 1 ended

Active mandates

Salvatore Castellano

Director

Active

Ended mandates

Salvatore Castellan

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office19/05/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other11/08/2021
    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 202540,1 k €↑
  2. 2024
    Annual accounts 202439,8 k €↑
  3. 2023
    Annual accounts 202311,3 k €↑
  4. 2022
    Annual accounts 20224,9 k €
  5. 09/08/2021
    IncorporationPrivate limited company