ACTIVE

CARTHACODES

Financial year 2025 · Closed on 31/12/2025

Net result81,3 k €+30,1 %over 1 year
Gross margin114,2 k €+21,7 %over 1 year
Equity110,2 k €+68,3 %over 1 year

Identity

Source · BCE/KBO

CARTHACODES is a Private limited company incorporated in 2024. Its main activity is: Computer programming activities. Its registered office is in Anderlecht.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 1004.518.043
Incorporation
10/01/2024
Legal form
Private limited company
Registered office
Chaussée de Mons 1229
1070 Anderlecht · BruxellesSee on map
Contributed capital
3 000,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 2 filings

Trend over 2 financial years

20252024
Income statement
Gross margin114,2 k €93,8 k €
EBITDA113,2 k €90,7 k €
Operating result111,4 k €90,2 k €
Net result81,3 k €62,5 k €
Balance sheet
Equity110,2 k €65,5 k €
Total assets195 k €97 k €
Cash131,5 k €79,7 k €
Debts84,9 k €31,5 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation

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Full financial information

Source · NBB
20252024
Type of accountMicro modelMicro model
Start of the financial year01/01/202510/01/2024
Closing of the financial year31/12/202531/12/2024
Length of the financial year12 months12 months
Filing date25/03/202612/08/2025
General meeting25/03/202630/07/2025
Currency of the financial yearEUREUR
NBB quality labelSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 2 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202525/03/202625/03/2026FrenchPDF
Micro model31/12/202430/07/202512/08/2025FrenchPDF

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.

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other12/01/2024
    CONSTITUTION
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings2 filings
202420252026
CARTHACODES
Chaussée de Mons 1229, 1070 Anderlecht
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Chaussée de Mons 1229, 1070 AnderlechtCurrent
accounts 2024 → 2025
Accounts 2025 · 2026-00062916

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
CARTHACODESCurrent
accounts 2024 → 2025
Accounts 2025 · 2026-00062916

Events

  1. 2025
    Annual accounts 202581,3 k €↑
  2. 2024
    Annual accounts 202462,5 k €
  3. 10/01/2024
    IncorporationPrivate limited company