CODACOM
The computed 12-month bankruptcy probability of CODACOM is 0.2% (very low). The 2024 annual accounts show equity of €98k and a net result of €-4k. Equity is growing by ~17.8% per year across the filed fiscal years. Its solvency ranks better than 30% of 12393 sector peers (fiscal year 2024). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €98k |
| Net result | €-4k |
| Better than sector | 30% |
| Active | 15 yrs |
Mixed profile: strong on stability, weaker on profitability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 37.9% | 60.6% | |
| Net result | €-4k | €31k | |
| Equity | €98k | €63k | |
| Gross operating margin | €36k | €52k | |
| Total assets | €258k | €124k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €35k |
| Net profit | €-4k |
| Cash flow | €33k |
| Staff costs | - |
| Income taxes | €248 |
| Dividends | - |
| Total assets | €258k |
| Equity | €98k |
| Debt | €160k |
| of which ≤ 1y | €153k |
| of which > 1y | €8k |
| Working capital | €-113k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.26 |
| Quick ratio | 0.26 |
| Working capital ratio | -43.9% |
| Solvency | 37.9% |
| Debt / equity | 1.64 |
| Long-term debt ratio | 0.08 |
| Interest coverage | 20.71 |
| Gross margin | - |
| Net margin | - |
| ROA | -1.4% |
| ROE | -3.7% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €258k |
| Fixed assets | 21/28 | €218k |
| Tangible fixed assets | 22/27 | €218k |
| Financial fixed assets | 28 | €328 |
| Current assets | 29/58 | €39k |
| Amounts receivable within one year | 40/41 | €12k |
| Cash & bank | 54/58 | €26k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €258k |
| Equity | 10/15 | €98k |
| Contributions / capital | 10/11 | €10k |
| Reserves | 13 | €89k |
| Accumulated profits (losses) | 14 | €-2k |
| Amounts payable | 17/49 | €160k |
| Amounts payable after one year | 17 | €8k |
| Amounts payable within one year | 42/48 | €153k |
| Trade debts payable within one year | 44 | €675 |
| Income statement | ||
| Gross operating margin | 9900 | €36k |
| Operating result | 9901 | €-2k |
| Financial income | 75 | €0 |
| Financial charges | 65 | €2k |
| Result before taxes | 9903 | €-3k |
| Income taxes | 67/77 | €248 |
| Net result for the period | 9904 | €-4k |
| Result to be appropriated | 9905 | €-4k |
| NACE primary | Head offices & management consulting(70200) |
| Legal form | Private limited company(610) |
| Incorporation | 01-06-2011 |
| Status | Active |
| Postal code | 3500 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71328D0439/00N002 | Flanders | 2,918 m² | 1 · 328 m² | 8.7 m · 1 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
13-11-2023 2 directors appointed correction
- DANIELS Nicole, Bestuurder
- LIMBURGS CENTRUM VOOR ACCOUNTANCY, Dagelijks bestuur
Technical details
{
"events": [
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "DANIELS Nicole",
"address": "3500 Hasselt, Singelbeekstraat 157",
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": null,
"via_org": null,
"statutory": "niet_statutair",
"compensated": false,
"effective_date": null,
"evidence_quote": "",
"decharge_status": null,
"mandate_duration": {
"kind": "indefinite",
"value": null
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "board_snapshot",
"role": null,
"person": null,
"reason": null,
"subkind": null,
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "correction",
"role": null,
"person": null,
"reason": null,
"subkind": null,
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "delegation_dagelijks_bestuur_in",
"role": "dagelijks_bestuur",
"person": null,
"reason": null,
"subkind": null,
"via_org": {
"kbo": "0812.067.073",
"name": "LIMBURGS CENTRUM VOOR ACCOUNTANCY",
"address": "3500 Hasselt, Trekschurenstraat 126",
"country": "BE",
"legal_form": "BV"
},
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
}
],
"notary": {
"name": "Jean-Luc SNYERS",
"firm_city": null,
"firm_name": null,
"office_city": "Alken",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2023-11-13",
"filing_date": "2023-11-09",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2023-09-26",
"unanimous": null
},
{
"body": "algemene_vergadering",
"date": "2023-09-26",
"unanimous": null
},
{
"body": "algemene_vergadering",
"date": "2023-09-26",
"unanimous": null
},
{
"body": "algemene_vergadering",
"date": "2023-09-26",
"unanimous": null
},
{
"body": "algemene_vergadering",
"date": "2023-09-26",
"unanimous": null
},
{
"body": "algemene_vergadering",
"date": "2023-09-26",
"unanimous": null
},
{
"body": "algemene_vergadering",
"date": "2023-09-26",
"unanimous": null
},
{
"body": "algemene_vergadering",
"date": "2023-09-26",
"unanimous": null
}
],
"is_correction": true,
"subject_company": {
"kbo": "0836.862.352",
"name_full": "CODACOM",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Jean-Luc SNYERS",
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [
"expeditie van het proces-verbaal houdende de buitengewone algemene vergadering",
"de geco\u00F6rdineerde statuten van de vennootschap"
],
"corrected_publication_numac": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | CODACOM |