ACTIVE

BE-CODE

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Financial year 2025 · closed on 31/03/2025
Net result
-1,2 k €
-104.3% YoY
Gross margin
2,9 k €
-93.2% YoY
Equity
37,4 k €
-34.5% YoY

What does BE-CODE do?

BE-CODE is a Private limited company incorporated in 2012. Its main activity is: Activities of holding companies. Its registered office is in Lievegem.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0844.609.781
Incorporation
22/03/2012
Legal form
Private limited company
Registered office
Eglantier 7
9920 Lievegem · FlandreSee on map
Contributed capital
100,00 €
Latest accounts
31/03/2025
Activities (NACE)
64200Activities of holding companies· main64210Activities of holding companies70200Management consultancy activities70220Business and other management consultancy activities72101Research and experimental development on natural sciences and engineering72110Research and experimental development on biotechnology+4
Signals
Solid equityLow riskGood liquidityPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2025202420232022202120202019201820172016201520142013
Income statement
Gross margin2,9 k €43,0 k €34,4 k €-536,4 €-254,0 €-253,6 €-483,4 €-1,2 k €-10,9 k €7,4 k €27,4 k €10,3 k €6,6 k €
EBITDA1,5 k €41,7 k €32,5 k €-656,6 €-373,3 €-386,2 €-1,1 k €-1,7 k €-20,4 k €6,0 k €18,7 k €9,4 k €5,6 k €
Operating result644,5 €40,8 k €32,5 k €-656,6 €-373,3 €-386,2 €-1,1 k €-2,0 k €-20,7 k €-2,3 k €18,1 k €4,6 k €1,0 k €
Net result-1,2 k €28,1 k €26,2 k €-701,6 €-421,2 €-428,3 €-1,1 k €-2,2 k €-21,2 k €-2,8 k €9,7 k €3,0 k €426,4 €
Balance sheet
Equity37,4 k €57,1 k €29,1 k €2,8 k €3,5 k €4,0 k €4,4 k €5,5 k €7,7 k €28,8 k €31,7 k €22,0 k €19,0 k €
Total assets52,4 k €91,1 k €58,4 k €3,3 k €4,0 k €4,2 k €4,6 k €5,8 k €26,9 k €43,7 k €39,6 k €33,2 k €34,4 k €
Cash31,1 k €58,9 k €27,5 k €3,3 k €4,0 k €4,2 k €4,6 k €5,8 k €–12,2 k €36,8 k €14,8 k €12,7 k €
Debts15,0 k €34,0 k €29,3 k €496,9 €450,9 €196,9 €196,9 €255,0 €19,2 k €14,8 k €7,9 k €11,2 k €15,4 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 31/03/2025 · 1 active · 1 ended

Active mandates

Colpaert Chris

Mandate

Active

Ended mandates

Chris Colpaert

Manager · since 01 avril 2012

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelAbridged model
Start of the financial year01/04/202401/04/202301/04/202201/04/202101/04/202001/04/2019
Closing of the financial year31/03/202531/03/202431/03/202331/03/202231/03/202131/03/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date03/10/202526/09/202403/10/202329/09/202226/10/202110/11/2020
General meeting20/09/202521/09/202416/09/202317/09/202218/09/202119/09/2020
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

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/03/202520/09/202503/10/2025DutchPDF
Micro model31/03/202421/09/202426/09/2024DutchPDF
Micro model31/03/202316/09/202303/10/2023DutchPDF
Micro model31/03/202217/09/202229/09/2022DutchPDF
Micro model31/03/202118/09/202126/10/2021DutchPDF
Abridged model31/03/202019/09/202010/11/2020DutchPDF
Abridged model31/03/201921/09/201930/10/2019DutchPDF
Abridged model31/03/201815/09/201830/10/2018DutchPDF
Abridged model31/03/201716/09/201727/09/2017DutchPDF
Abridged model31/03/201617/09/201629/09/2016DutchPDF
Abridged model31/03/201519/09/201501/10/2015DutchPDF
Abridged model31/03/201420/09/201407/10/2014DutchPDF
Abridged model31/03/201321/09/201302/10/2013DutchPDF
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 31/03/2025 · 1 active · 1 ended

Active mandates

Colpaert Chris

Mandate

Active

Ended mandates

Chris Colpaert

Manager · since 01 avril 2012

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates06/07/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other26/03/2012
    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 2025-1,2 k €↓
  2. 2024
    Annual accounts 202428,1 k €↑
  3. 2023
    Annual accounts 202326,2 k €↑
  4. 2022
    Annual accounts 2022-701,6 €↓
  5. 2021
    Annual accounts 2021-421,2 €↑
  6. 2020
    Annual accounts 2020-428,3 €↑
  7. 2019
    Annual accounts 2019-1,1 k €↑
  8. 2018
    Annual accounts 2018-2,2 k €↑
  9. 2017
    Annual accounts 2017-21,2 k €↓
  10. 2016
    Annual accounts 2016-2,8 k €↓
  11. 2015
    Annual accounts 20159,7 k €↑
  12. 2014
    Annual accounts 20143,0 k €↑
  13. 2013
    Annual accounts 2013426,4 €
  14. 22/03/2012
    IncorporationPrivate limited company