ACTIVE

Codewise

Financial year 2025 · closed on 31/12/2025
Net result
67,7 k €
+40.2% YoY
Gross margin
102,8 k €
+48.1% YoY
Equity
310,9 k €
-9.0% YoY

What does Codewise do?

Codewise is a Private limited company incorporated in 2005. Its main activity is: Retail sale of information and communication equipment in specialised stores. Its registered office is in Mechelen.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0871.083.358
Incorporation
03/01/2005
Legal form
Private limited company
Registered office
Wupstraat(MZN) 19
2812 Mechelen · FlandreSee on map
Contributed capital
14 547,61 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin102,8 k €69,4 k €100 k €57,3 k €56,1 k €53,7 k €51,8 k €43,9 k €42,4 k €48,7 k €44,2 k €52 k €15,1 k €55,5 k €50,4 k €48,5 k €52,9 k €40,4 k €41,9 k €52,7 k €
EBITDA101,6 k €68,7 k €99,7 k €54,2 k €55,4 k €53,1 k €51,1 k €43,4 k €41,7 k €47,6 k €43,6 k €51,4 k €14,4 k €54,8 k €49,8 k €47,9 k €52,3 k €39,7 k €41,2 k €52,2 k €
Operating result100,9 k €67,6 k €98,2 k €52,7 k €53,4 k €52,1 k €50,1 k €42,7 k €41,3 k €42 k €37,6 k €44,6 k €6,8 k €46,9 k €46,3 k €45,5 k €50,2 k €37,8 k €38 k €49,4 k €
Net result67,7 k €48,3 k €70,6 k €37,1 k €37,1 k €36,1 k €31,3 k €31,1 k €26,4 k €27,9 k €25,8 k €29,2 k €-2,7 k €34,7 k €37,1 k €42,4 k €26,6 k €32,1 k €27,5 k €37,9 k €
Balance sheet
Equity310,9 k €341,7 k €293,4 k €330,5 k €293,3 k €256,3 k €220,2 k €388,9 k €357,7 k €331,4 k €303,5 k €277,6 k €248,4 k €273,5 k €238,9 k €201,8 k €159,4 k €132,8 k €100,7 k €73,2 k €
Total assets459,6 k €369,3 k €339,5 k €360,7 k €316,3 k €275 k €231,6 k €427,8 k €375,2 k €366,9 k €340,5 k €313,7 k €271,3 k €282,3 k €245,1 k €206,5 k €175,8 k €139 k €106,7 k €89 k €
Cash387,5 k €330 k €273,4 k €326,8 k €272,1 k €201,8 k €174,8 k €283,5 k €266,3 k €326,3 k €303,5 k €267,6 k €231,1 k €217,8 k €195,3 k €155 k €109,6 k €27,1 k €26,6 k €74,6 k €
Debts132,7 k €27,6 k €46,1 k €30,3 k €23 k €18,7 k €11,4 k €31,6 k €17,4 k €35,6 k €37 k €36 k €22,9 k €8,8 k €6,2 k €4,8 k €16,4 k €6,2 k €5,9 k €15,9 k €
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

Active mandates

Stijn Swillen

Manager

Active
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 date22/06/202616/07/202521/08/202409/08/202327/06/202208/07/2021
General meeting29/05/202630/05/202531/05/202426/05/202327/05/202228/05/2021
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

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202529/05/202622/06/2026DutchPDF
Micro model31/12/202430/05/202516/07/2025DutchPDF
Micro model31/12/202331/05/202421/08/2024DutchPDF
Micro model31/12/202226/05/202309/08/2023DutchPDF
Micro model31/12/202127/05/202227/06/2022DutchPDF
Micro model31/12/202028/05/202108/07/2021DutchPDF
Micro model31/12/201929/05/202011/06/2020DutchPDF
Micro model31/12/201831/05/201905/06/2019DutchPDF
Micro model31/12/201725/05/201812/06/2018DutchPDF
Micro model31/12/201626/05/201717/07/2017DutchPDF
Abridged model31/12/201527/05/201606/06/2016DutchPDF
Abridged model31/12/201429/05/201529/06/2015DutchPDF
Abridged model31/12/201330/05/201417/06/2014DutchPDF
Abridged model31/12/201231/05/201317/06/2013DutchPDF
Abridged model31/12/201126/05/201228/06/2012DutchPDF
Abridged model31/12/201027/05/201105/07/2011DutchPDF
Abridged model31/12/200928/05/201010/06/2010DutchPDF
Abridged model31/12/200829/05/200908/06/2009DutchPDF
Abridged model31/12/200730/05/200809/06/2008DutchPDF
Abridged model31/12/200625/05/200707/06/2007DutchPDF
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

Active mandates

Stijn Swillen

Manager

Active
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates20/04/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares19/11/2018
    KAPITAAL - AANDELEN
    PDF
  • Capital / shares05/05/2014
    KAPITAAL - AANDELEN
    PDF
  • Registered office07/08/2007
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other19/01/2005
    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 202567,7 k €
  2. 2024
    Annual accounts 202448,3 k €
  3. 2023
    Annual accounts 202370,6 k €
  4. 2022
    Annual accounts 202237,1 k €
  5. 2021
    Annual accounts 202137,1 k €
  6. 2020
    Annual accounts 202036,1 k €
  7. 2019
    Annual accounts 201931,3 k €
  8. 2018
    Annual accounts 201831,1 k €
  9. 2017
    Annual accounts 201726,4 k €
  10. 2016
    Annual accounts 201627,9 k €
  11. 2015
    Annual accounts 201525,8 k €
  12. 2014
    Annual accounts 201429,2 k €
  13. 2013
    Annual accounts 2013-2,7 k €
  14. 2012
    Annual accounts 201234,7 k €
  15. 2011
    Annual accounts 201137,1 k €
  16. 2010
    Annual accounts 201042,4 k €
  17. 2009
    Annual accounts 200926,6 k €
  18. 2008
    Annual accounts 200832,1 k €
  19. 2007
    Annual accounts 200727,5 k €
  20. 2006
    Annual accounts 200637,9 k €
  21. 03/01/2005
    IncorporationPrivate limited company