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Co-Dex.eu

Active
Private limited companyfounded 2018active for 8 yearsAlbert I-laan 23, 8920 Langemark-Poelkapelle, BelgiumKBO/BCE: BE 0693.665.707

From the official registers: KBO 6 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

Co-Dex.eu has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €8,793 and a net result of €18,992. Equity has been shrinking by about 43% per year since 2019. If that trend continues, it turns negative around financial year 2025. Its solvency ranks better than 10% of 20,537 sector peers (NACE 62, financial year 2024). The computed 12-month bankruptcy probability is 0.9% (low).

Overview

Official details

KBO
Status
Active since 28-03-2018 Normal situation
Activity
Computer programming NACE 62100and 1 other
Establishment unit
2.274.864.883 8920 Langemark-Poelkapelle, since 28-03-2018
Financial year end
31 December
Peppol
Reachable since 01-01-2026

Board and ownership

Board

Financial position

55 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
0.9%
Annual accounts 2024
Gross margin
€22,203
Turnover
≈ €120,000
estimated
Profit
€18,992
Equity
€8,793
Total assets
€273,054
Filed on 28-11-2025, 120 days after the deadlinePDF
Score breakdownraises riskCapped at 59: a confirmed filing findingFigures for financial year 2024 (filed on 02-12-2025)1 financial year not filed after the legal deadline; last filed accounts filed 120 days late; 1 of the last 3 accounts latelowers riskSector: Computer programming, consultancy and related activities (NACE 62)Liquidity: current ratio 3.52, cash €116,897Show the evidence

Checked score

Score 2024
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 36% of micro companies in computer programming and consultancy (NACE 62)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2023
Average
Solvency 28+14
equity 3.2% of total assets
Liquidity 88+3
short-term debt 28.4% · cash 42.8%
Profitability 55-38
return on assets 7.0%
Bankruptcy probability within 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (25,908 companies, NACE 62, micro)
Last 24 months 11-2024: 0.2% 12-2024: 0.3%▲ +0.1 percentage points vs 11-2024 01-2025: 0.4%▲ +0.1 percentage points vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.6%▲ +0.2 percentage points vs 02-2025 04-2025: 0.9%▲ +0.3 percentage points vs 03-2025 05-2025: 0.9%● unchanged vs 04-2025 06-2025: 1.0%▲ +0.1 percentage points vs 05-2025 07-2025: 0.9%▼ -0.1 percentage points vs 06-2025 08-2025: 0.9%● unchanged vs 07-2025 09-2025: 0.9%● unchanged vs 08-2025 10-2025: 0.9%● unchanged vs 09-2025 11-2025: 1.5%▲ +0.6 percentage points vs 10-2025 12-2025: 1.9%▲ +0.4 percentage points vs 11-2025highest value 01-2026: 0.2%▼ -1.7 percentage points vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026lowest value 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.4%▲ +0.2 percentage points vs 07-2026 09-2026: 0.5%▲ +0.1 percentage points vs 08-2026 10-2026: 0.9%▲ +0.4 percentage points vs 09-2026
No publishable credit limit, so credit only on tighter terms
Liquidity is ample, with a current ratio of 3.52 (3.0 in 2023), above the usual 1.5. Short-term debt is 28.4% and cash 42.8% of total assets. However, 96.8% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro). It does better than 11% of them on solvency, 74% on liquidity and 23% on profitability.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed on 02-12-2025)
NBB · annual accounts
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 120 days late; 1 of the last 3 accounts late
NBB · filings
lowers risk · Liquidity: current ratio 3.52, cash €116,897
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 20537 sector peers (2024).
NBB · sector comparison
Position among 20537 sector peers
Solvency
better than 10%
← weakest strongest →
raises risk · 2024 accounts filed 120 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-11-2025, 120 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 6 filings
Deviation from the deadline
2024
120 days late
2023
on the day
2022
on the day
2021
61 days late
2020
30 days late
2019
60 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 45 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Lower solvency than 90% of companies in computer programming and consultancysector median 62.8% · 20,537 companies 3.2% View
  • EU supportawarded from 2023 to 2025 €860,148 View

Comparable companies

These companies have the same main activity as Co-Dex.eu: computer programming (NACE 62100). They are comparable in size and age: total assets between €199,000 and €322,000, founded between 2016 and 2018.

CompanyTotal assetsGross margin
Co-Dex.eu Langemark-Poelkapelle€273,054€22,203
Freshnote Leuven€269,970€21,162
Crewbooking Walhain€263,734€24,059
SINTOS INVEST Dendermonde€322,448€23,226
POSTSCRIPTUM NACE Etterbeek€230,578€24,378
SMART.COM Couvin€280,801€24,311
VANDECASTEELE ENGINEERING Koekelare€199,499€25,701
Full comparison

Documents

Annual accounts at the NBB

All 6 annual accounts

Articles and registers

Key facts about Co-Dex.eu

What is the company number of Co-Dex.eu?
The company number of Co-Dex.eu is 0693.665.707. The VAT number is the same number with BE in front: BE 0693.665.707.
Where is Co-Dex.eu based?
The registered office is at Albert I-laan 23, 8920 Langemark-Poelkapelle.Company details
What does Co-Dex.eu do?
According to the KBO register, the main activity is computer programming (NACE 62100).
What is the legal form of Co-Dex.eu?
The legal form of Co-Dex.eu is Private limited company (BV).
When was Co-Dex.eu founded?
Co-Dex.eu was founded on 28-03-2018.
Is Co-Dex.eu still active?
Yes, Co-Dex.eu is an active enterprise in the KBO register.
What is the turnover of Co-Dex.eu?
The turnover in financial year 2024 is ≈ €120,000. This figure is estimated from the gross margin of €22,203 and 53 comparable companies (NACE 62100). It probably lies between €64,000 and €230,000. It is a rough estimate. In financial year 2020 turnover was €6,000.Financials
Is Co-Dex.eu profitable?
In financial year 2024, Co-Dex.eu made a profit of €18,992.
Where can I find the annual accounts of Co-Dex.eu?
Co-Dex.eu filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2024.Annual accounts 2024 (PDF)

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