Financials
- Fiscal year
- 2024
- Total assets
- €243,454
- Profit
- €4,477
- Solvency
- 3.9%
Total assets▼ 3.8%
Net result
20182024
Codasy
ActiveSummary
Codasy has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €9,548 and a net result of €4,477. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 15% of 234 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Overview
Activity
Computing infrastructure, data processing, hosting and related activities
NACE 63100Wholesale of information and communication equipment NACE 46500NACE 46510
#1 oldest company in La Louvière, Telecoms and IT sector1 site
Size
€243,454total assets 2024
- Staff
- 2.5 FTE
- Equity
- €9,548
- Profit
- €4,477
Structure
Accounts 65 d overdue0 of 1 deed read
Why 69- Figures for FY 2024 (filed 30-09-2025)+ Founded in 1983+ Sector Computing infrastructure, data processing, hosting and other information service activities (NACE 63)+ Liquidity: current ratio 0.94, cash €69,043Show the evidence
Checked score
Score 2024
69
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 45% of its sector peers (NACE 63, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Average
Solvency
29+2
equity 3.9% of total assets
Liquidity
54+23
short-term debt 60.1% · cash 28.4%
Profitability
71+2
return on assets 1.8%
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.6%
12-2024: 0.6%● 0.0% vs 11-2024
01-2025: 0.6%▼ -0.7% vs 12-2024
02-2025: 0.6%● 0.0% vs 01-2025
03-2025: 0.6%▼ -2.4% vs 02-2025
04-2025: 0.6%▼ -1.0% vs 03-2025
05-2025: 0.6%▲ +0.7% vs 04-2025
06-2025: 0.6%▲ +8.7% vs 05-2025
07-2025: 0.8%▲ +21.8% vs 06-2025
08-2025: 0.9%▲ +18.3% vs 07-2025
09-2025: 1.0%▲ +8.2% vs 08-2025highest value
10-2025: 0.4%▼ -63.2% vs 09-2025
11-2025: 0.4%● 0.0% vs 10-2025
12-2025: 0.4%● 0.0% vs 11-2025
01-2026: 0.4%▼ -0.6% vs 12-2025
02-2026: 0.4%● 0.0% vs 01-2026
03-2026: 0.3%▼ -2.5% vs 02-2026
04-2026: 0.3%▼ -1.2% vs 03-2026
05-2026: 0.3%▼ -1.2% vs 04-2026lowest value
06-2026: 0.4%▲ +9.1% vs 05-2026
07-2026: 0.4%▲ +8.9% vs 06-2026
08-2026: 0.5%▲ +31.3% vs 07-2026
09-2026: 0.6%▲ +10.8% vs 08-2026
10-2026: 0.7%▲ +14.3% vs 09-2026
- Founded in 1983 lowers the probability for this profile
- Sector Computing infrastructure, data processing, hosting and other information service activities (NACE 63) lowers the probability
- Figures for FY 2024 (filed 30-09-2025) raises the probability
- Liquidity: current ratio 0.94, cash €69,043 lowers the probability
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.94 against 0.74 in 2023; short-term debt: 60.1% and cash: 28.4% of total assets), and 96.1% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 63, micro). Better than this share of them on solvency 15%, liquidity 40%, profitability 37%, growth against the median 87%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 234 sector peers (2024).
NBB · sector comparisonPosition among 234 sector peers
Solvency
better than 15%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €9,548
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
69 d late
2022
133 d late
2021
82 d late
2020
34 d early
2019
40 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 58 days after the deadline; the sector median for financial year 2024 is 10 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · full…
- Annual accounts filedfiscal year 2023 · full…
- Back to profitnet €852
Key points
By topic
Timeline
- Events
- 14
- Since
- 2016
- 29-09-2025Annual accounts filed
- 08-10-2024Annual accounts filed
- 31-12-2023Back to profit
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Activity
- Computing infrastructure, data processing, hosting and related activitiesNACE 63100
- Founded
- 10-02-1983
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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