ACTIVE

CODEWORKS

Financial year 2024 · closed on 31/12/2024
Net result
59,8 k €
+364.6% YoY
Gross margin
71,6 k €
+121.7% YoY
Equity
98,9 k €
+43.1% YoY

What does CODEWORKS do?

CODEWORKS is a Private company with limited liability incorporated in 2006. Its registered office is in Etterbeek.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0879.964.105
Incorporation
14/03/2006
Legal form
Private company with limited liability
Registered office
Rue Abbé Cuypers 3
1040 Etterbeek · BruxellesSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2024
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin71,6 k €32,3 k €12,3 k €18,6 k €21,8 k €19,6 k €9,9 k €-5,1 k €20,2 k €-8,9 k €5,2 k €72,1 k €42,1 k €52,1 k €71,5 k €29,1 k €9,8 k €35,8 k €19,8 k €
EBITDA66,9 k €24,4 k €10,2 k €18,1 k €21,0 k €19,6 k €4,8 k €-5,1 k €19,0 k €-18,4 k €5,1 k €72,1 k €40,2 k €52,1 k €68,1 k €29,1 k €8,2 k €35,8 k €19,1 k €
Operating result63,6 k €14,2 k €8,4 k €12,5 k €12,6 k €11,7 k €-1,7 k €-7,8 k €16,0 k €-30,4 k €-18,8 k €44,5 k €11,9 k €33,8 k €25,0 k €21,7 k €4,3 k €29,1 k €13,5 k €
Net result59,8 k €12,9 k €2,1 k €-745,6 €680,8 €7,0 k €-2,3 k €-8,2 k €11,3 k €9,4 k €-31,8 k €12,3 k €-6,0 k €19,7 k €23,6 k €14,7 k €2,4 k €20,4 k €9,5 k €
Balance sheet
Equity98,9 k €69,1 k €56,2 k €54,1 k €54,9 k €54,2 k €47,2 k €49,5 k €57,7 k €46,5 k €37,1 k €68,9 k €56,6 k €62,5 k €42,8 k €45,2 k €30,5 k €36,1 k €15,7 k €
Total assets169,9 k €114,0 k €85,2 k €96,0 k €88,2 k €95,7 k €98,6 k €80,7 k €72,4 k €64,0 k €349,1 k €401,3 k €374,1 k €372,4 k €319,8 k €76,2 k €58,3 k €66,0 k €47,9 k €
Cash76,4 k €34,1 k €37,4 k €37,1 k €44,7 k €34,9 k €22,6 k €3,3 k €1,6 k €17,2 k €1,3 k €2,3 k €11,2 k €13,8 k €11,4 k €29,5 k €6,1 k €
Debts71,1 k €45,0 k €29,0 k €41,9 k €33,3 k €41,5 k €51,0 k €30,8 k €14,3 k €16,8 k €311,0 k €332,4 k €317,5 k €309,8 k €277,0 k €31,0 k €27,2 k €29,9 k €32,1 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 31/12/2024 · 1 active · 3 ended

Active mandates

Peter Symoens

Administrateur · since 08 mars 2006

Active

Ended mandates

Peter SYMOENS

Manager · since 08 mars 2006

Ended
Peter Symoens

Mandate

Ended
Peter SYMOENS

Director

Ended
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Annual accounts

Full financial information

202420232022202120202019
Type of accountMicro modelMicro modelMicro modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date27/10/202513/11/202421/08/202331/08/202230/06/202127/07/2020
General meeting02/09/202531/05/202419/07/202330/06/202230/06/202130/06/2020
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

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202402/09/202527/10/2025FrenchPDF
Micro model31/12/202331/05/202413/11/2024FrenchPDF
Micro model31/12/202219/07/202321/08/2023DutchPDF
Abridged model31/12/202130/06/202231/08/2022FrenchPDF
Abridged model31/12/202030/06/202130/06/2021FrenchPDF
Abridged model31/12/201930/06/202027/07/2020FrenchPDF
Abridged model31/12/201828/06/201912/07/2019FrenchPDF
Abridged model31/12/201729/06/201822/07/2018FrenchPDF
Abridged model31/12/201630/06/201723/08/2017FrenchPDF
Abridged model31/12/201527/06/201606/07/2016FrenchPDF
Abridged model31/12/201426/06/201522/07/2015FrenchPDF
Abridged model31/12/201327/06/201418/07/2014FrenchPDF
Abridged model31/12/201228/06/201330/08/2013FrenchPDF
Abridged model31/12/201130/06/201228/08/2012FrenchPDF
Abridged model31/12/201030/06/201131/08/2011FrenchPDF
Abridged model31/12/200930/06/201031/08/2010FrenchPDF
Abridged model31/12/200830/06/200931/08/2009FrenchPDF
Abridged model31/12/200727/06/200813/08/2008FrenchPDF
Abridged model31/12/200630/06/200706/09/2007FrenchPDF
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 31/12/2024 · 1 active · 3 ended

Active mandates

Peter Symoens

Administrateur · since 08 mars 2006

Active

Ended mandates

Peter SYMOENS

Manager · since 08 mars 2006

Ended
Peter Symoens

Mandate

Ended
Peter SYMOENS

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office20/04/2022
    SIEGE SOCIAL
    PDF
  • Registered office08/09/2020
    SIEGE SOCIAL
    PDF
  • Registered office10/09/2019
    SIEGE SOCIAL
    PDF
  • Mandates26/03/2015
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Registered office17/01/2012
    SIEGE SOCIAL
    PDF
  • Other20/07/2007
    DIVERS
    PDF
  • Other24/03/2006
    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. 2024
    Annual accounts 202459,8 k €
  2. 2024
    Name changeCODWORKS
  3. 2023
    Annual accounts 202312,9 k €
  4. 2022
    Annual accounts 20222,1 k €
  5. 2021
    Annual accounts 2021-745,6 €
  6. 2021
    Name changeCODEWORKS
  7. 2020
    Annual accounts 2020680,8 €
  8. 2019
    Annual accounts 20197,0 k €
  9. 2018
    Annual accounts 2018-2,3 k €
  10. 2017
    Annual accounts 2017-8,2 k €
  11. 2016
    Annual accounts 201611,3 k €
  12. 2015
    Annual accounts 20159,4 k €
  13. 2014
    Annual accounts 2014-31,8 k €
  14. 2013
    Annual accounts 201312,3 k €
  15. 2012
    Annual accounts 2012-6,0 k €
  16. 2011
    Annual accounts 201119,7 k €
  17. 2010
    Annual accounts 201023,6 k €
  18. 2009
    Annual accounts 200914,7 k €
  19. 2008
    Annual accounts 20082,4 k €
  20. 2007
    Annual accounts 200720,4 k €
  21. 2006
    Annual accounts 20069,5 k €
  22. 14/03/2006
    IncorporationPrivate company with limited liability