ACTIVE

CODE CONCEPT

Financial year 2025 · closed on 30/09/2025
Net result
16,5 k €
-50.9% YoY
Gross margin
28,4 k €
-42.3% YoY
Equity
86,2 k €
-16.7% YoY

What does CODE CONCEPT do?

CODE CONCEPT is a Private limited company incorporated in 2012. Its main activity is: Repair of electrical equipment. Its registered office is in Tubize.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0849.355.358
Incorporation
05/10/2012
Legal form
Private limited company
Registered office
Rue Albert Ier 12
1480 Tubize · WallonieSee on map
Contributed capital
6 200,00 €
Latest accounts
30/09/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2025202420232022202120202019201820172016201520142013
Income statement
Gross margin28,4 k €49,3 k €39,6 k €44,3 k €-1,8 k €13,7 k €14,7 k €23,7 k €18,8 k €20,7 k €3,3 k €10,0 k €38,7 k €
EBITDA26,7 k €48,7 k €38,7 k €43,9 k €-3,6 k €12,5 k €14,1 k €23,1 k €16,9 k €19,6 k €2,1 k €8,6 k €36,5 k €
Operating result22,4 k €44,6 k €36,7 k €42,8 k €-5,0 k €4,9 k €7,6 k €20,9 k €8,6 k €11,5 k €-7,2 k €-749,6 €27,2 k €
Net result16,5 k €33,6 k €28,1 k €29,2 k €-2,5 k €4,5 k €6,5 k €15,3 k €6,6 k €5,6 k €-7,0 k €-938,0 €18,7 k €
Balance sheet
Equity86,2 k €103,5 k €76,4 k €63,7 k €53,1 k €55,6 k €51,1 k €44,5 k €29,2 k €22,6 k €17,0 k €24,0 k €24,9 k €
Total assets128,9 k €120,4 k €106,1 k €118,0 k €74,5 k €88,0 k €65,9 k €62,4 k €47,8 k €41,2 k €53,9 k €58,3 k €64,4 k €
Cash45,7 k €31,3 k €1,0 k €22,4 k €0,0 €9,0 k €8,6 k €1,7 k €3,4 k €0,0 €2,1 k €3,5 k €
Debts42,6 k €16,9 k €29,7 k €54,3 k €21,4 k €32,4 k €14,8 k €17,8 k €18,6 k €17,8 k €36,6 k €34,3 k €38,7 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 30/09/2025 · 1 active · 3 ended

Active mandates

Denis Cosaert

Director

Active

Ended mandates

Denis Cosaert

Director · since 05 octobre 2012

Ended
Denis Cosaert

Manager · since 05 octobre 2012

Ended
Denis Cosaert

Manager · since 20 septembre 2011

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date24/03/202611/03/202526/03/202429/03/202331/05/202217/05/2021
General meeting10/03/202611/03/202512/03/202414/03/202322/05/202214/05/2021
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

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/09/202510/03/202624/03/2026FrenchPDF
Micro model30/09/202411/03/202511/03/2025FrenchPDF
Micro model30/09/202312/03/202426/03/2024FrenchPDF
Micro model30/09/202214/03/202329/03/2023FrenchPDF
Micro model30/09/202122/05/202231/05/2022FrenchPDF
Micro model30/09/202014/05/202117/05/2021FrenchPDF
Micro model30/09/201929/04/202030/04/2020FrenchPDF
Micro model30/09/201827/03/201927/03/2019FrenchPDF
Micro model30/09/201713/03/201830/03/2018FrenchPDF
Abridged model30/09/201623/02/201720/03/2017FrenchPDF
Abridged model30/09/201519/03/201631/03/2016FrenchPDF
Abridged model30/09/201412/03/201528/04/2015FrenchPDF
Abridged model30/09/201311/03/201428/04/2014FrenchPDF
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 30/09/2025 · 1 active · 3 ended

Active mandates

Denis Cosaert

Director

Active

Ended mandates

Denis Cosaert

Director · since 05 octobre 2012

Ended
Denis Cosaert

Manager · since 05 octobre 2012

Ended
Denis Cosaert

Manager · since 20 septembre 2011

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates24/08/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
    PDF
  • Registered office22/06/2017
    SIEGE SOCIAL
    PDF
  • Other16/10/2012
    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 202516,5 k €
  2. 2024
    Annual accounts 202433,6 k €
  3. 2023
    Annual accounts 202328,1 k €
  4. 2022
    Annual accounts 202229,2 k €
  5. 2021
    Annual accounts 2021-2,5 k €
  6. 2020
    Annual accounts 20204,5 k €
  7. 2019
    Annual accounts 20196,5 k €
  8. 2018
    Annual accounts 201815,3 k €
  9. 2017
    Annual accounts 20176,6 k €
  10. 2016
    Annual accounts 20165,6 k €
  11. 2015
    Annual accounts 2015-7,0 k €
  12. 2014
    Annual accounts 2014-938,0 €
  13. 2013
    Annual accounts 201318,7 k €
  14. 05/10/2012
    IncorporationPrivate limited company