CODABEL GROUPE
ActiveSummary
The computed 12-month bankruptcy probability of CODABEL GROUPE is 13.3% (high). The 2024 annual accounts show equity of €2.9m and a net result of -€64,268. Equity is shrinking by about 67% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2025. The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.
Financials · financial year 2024, full format
2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 23 October 2026.
2020 to 2024, 5 financial years 2019 to 2024, 6 financial years
The operating result stays negative: a loss of €64,268 in 2024 against €20,374 in 2023; the loss grows and 2024 has the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | €2,012 | €2,238 | €18,135 | ▲ 710% |
| Other operating charges640/8 | - | - | €348 | €348 | €960 | €4,200 | ▲ 337% |
| Gross operating margin9900 | -€1,050 | -€1,926 | -€1,356 | -€8,138 | -€17,175 | -€41,933 | ▼ 144% |
| Operating profit (loss)9901 | -€1,406 | -€2,274 | -€1,703 | -€10,497 | -€20,374 | -€64,268 | ▼ 215% |
| Financial charges65/66B | - | - | €11,013 | €26 | €242 | - | - |
| Recurring financial charges65 | €48 | €6,582 | €11,013 | €26 | €242 | - | - |
| Profit (loss) for the period before taxes9903 | -€1,454 | -€8,856 | -€12,716 | -€10,524 | -€20,616 | -€64,268 | ▼ 212% |
| Profit (loss) for the period9904 | -€1,454 | -€8,856 | -€12,716 | -€10,524 | -€20,616 | -€64,268 | ▼ 212% |
| Profit (loss) for the period to be appropriated9905 | -€1,454 | -€8,856 | -€12,716 | -€10,524 | -€20,616 | -€64,268 | ▼ 212% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €0.7m | €0.7m | €9.5m | €9.5m | €9.5m | €9.5m | ▼ 0.2% |
| Fixed assets21/28 | €0.7m | €0.7m | €9.5m | €9.5m | €9.5m | €9.5m | ▼ 0.2% |
| Tangible fixed assets22/27 | - | - | - | €0.02m | €0.02m | - | - |
| Other tangible fixed assets26 | - | - | - | €0.02m | €0.02m | - | - |
| Financial fixed assets28 | €0.7m | €0.7m | €9.5m | €9.5m | €9.5m | €9.5m | = |
| Current assets29/58 | €0.007m | €0.04m | €0.01m | €0.007m | €0.003m | €0.002m | ▼ 37.2% |
| Amounts receivable within one year40/41 | - | €0.03m | - | - | - | - | - |
| Cash at bank and in hand54/58 | €0.007m | €0.007m | €0.01m | €0.007m | €0.003m | €0.002m | ▼ 37.2% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €0.7m | €0.7m | €9.5m | €9.5m | €9.5m | €9.5m | ▼ 0.2% |
| Equity10/15 | €0.01m | €0.002m | -€0.01m | -€0.02m | -€0.04m | €2.9m | - |
| Contributions10/11 | €0.01m | - | €0.01m | €0.01m | €0.01m | €3.0m | ▲ 23,842% |
| Profit (loss) carried forward14 | -€0.001m | -€0.01m | -€0.02m | -€0.03m | -€0.05m | -€0.06m | ▼ 18.7% |
| Amounts payable17/49 | €0.7m | €0.7m | €9.5m | €9.6m | €9.6m | €6.6m | ▼ 31.0% |
| Amounts payable after more than one year17 | - | - | - | - | €9.6m | €5.9m | ▼ 38.7% |
| Financial debts170/4 | - | - | - | - | - | €5.9m | - |
| Other amounts payable178/9 | - | - | - | - | €9.6m | - | - |
| Amounts payable within one year42/48 | €0.7m | €0.7m | €9.5m | €9.6m | €0.006m | €0.7m | ▲ 12,791% |
| Trade debts44 | - | €0.001m | €0.001m | €0.002m | €0.006m | €0.01m | ▲ 131% |
| Suppliers440/4 | - | - | €0.001m | €0.002m | €0.006m | €0.01m | ▲ 131% |
| Other amounts payable47/48 | - | - | €9.5m | €9.6m | - | €0.7m | - |
| Accrued charges and deferred income492/3 | - | - | - | €0.003m | €0.004m | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€0.001m | -€0.009m | -€0.01m | -€0.01m | -€0.02m | -€0.06m | ▼ 212% |
| + Depreciation and write-downs630 | - | - | - | €0.002m | €0.002m | €0.02m | ▲ 710% |
| Operating cash flow (approximation) | -€0.001m | -€0.009m | -€0.01m | -€0.009m | -€0.02m | -€0.05m | ▼ 151% |
| Investment in fixed assets (approximation) | - | €0 | -€8.8m | -€0.02m | €0 | €0 | - |
| Change in cash | - | €72 | €0.006m | -€0.006m | -€0.005m | -€0.001m | ▲ 78.4% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (6)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2024 | full format | 05-12-2025 | 2025-00578785 |
| 31-12-2023 | full format | 22-11-2024 | 2024-00605321 |
| 31-12-2022 | full format | 01-12-2023 | 2023-00521320 |
| 31-12-2021 | micro format | 09-06-2022 | 2022-20060337 |
| 31-12-2020 | micro format | 26-09-2021 | 2021-68400489 |
| 31-12-2019 | micro format | 03-08-2020 | 2020-38700512 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.