CODATA SERVICES
Annual accounts 2025
full format, filed on 30-06-2026, 31 days before the deadline€2.0m
▼ 2.5%
€734,900
▼ 16.8%
€746,100
▼ 18.0%
€1.8m
▲ 3.8%
65.0%
▲ 1.7 percentage points
2.84
▲ 0.15
The turnover shown is an estimate from the gross margin.
Turnover ≈ €3.5m. Estimated: probably between €2.4m and €5.8m.
Balance sheet
balance sheet total €2.7m on 31-12-2025What the company ownsHow it is paid for
in €m
in €m
Position in the sector
65.0%
Higher than 70% of 224 companies in 2025.
2.84
Higher than 67% of 219 companies in 2025.
27.3%
Higher than 92% of 223 companies in 2025.
CODATA SERVICES
Middle half of the sector
80% of the sector
Full accounts in computing infrastructure and information services (NACE 63)
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half · Staff: middle half
Staff
€66,357
Staff costs divided by the average number of full-time equivalents.
level
people who joined
people who left
In 2025, 2 people joined and 2 left.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||
20/58 |
2.7m | 2.7m | 2.5m | 1.7m | 2.5m | 2.1m | 1.9m | 1.9m | 2.0m | 2.1m | |
20 |
- | - | - | - | - | - | 175 | 364 | 553 | 742 | |
21/28 |
18,083 | 36,170 | 74,712 | 99,777 | 297,283 | 600,342 | 845,256 | 1.1m | 1.3m | 1.5m | |
21 |
340 | 5,662 | 19,235 | 1,348 | 249,836 | 498,996 | 748,317 | 998,105 | 1.2m | 1.5m | |
22/27 |
10,077 | 23,208 | 55,227 | 98,179 | 47,197 | 101,096 | 96,689 | 64,800 | 32,114 | 37,643 | |
23 |
4,737 | 10,975 | 1,117 | 1,763 | 582 | 3,527 | 6,850 | 4,059 | 269 | - | |
24 |
5,340 | 12,233 | 54,110 | 96,416 | 46,615 | 97,569 | 89,839 | 60,741 | 31,845 | 37,643 | |
28 |
7,666 | 7,300 | 250 | 250 | 250 | 250 | 250 | 250 | 250 | 250 | |
29/58 |
2.7m | 2.7m | 2.5m | 1.6m | 2.2m | 1.5m | 1.1m | 884,599 | 694,332 | 591,737 | |
40/41 |
2.3m | 1.5m | 1.4m | 976,493 | 262,801 | 293,451 | 464,041 | 387,309 | 273,138 | 175,421 | |
40 |
609,007 | 595,598 | 378,238 | 260,027 | 240,605 | 277,933 | 423,679 | 322,336 | 200,343 | 98,939 | |
41 |
1.7m | 944,188 | 1.1m | 716,466 | 22,196 | 15,518 | 40,362 | 64,973 | 72,795 | 76,482 | |
50/53 |
- | - | - | - | 493,898 | 487,375 | - | - | - | - | |
54/58 |
386,759 | 1.1m | 961,623 | 566,291 | 1.4m | 661,981 | 575,490 | 465,996 | 399,457 | 394,809 | |
490/1 |
67,357 | 66,632 | 60,653 | 50,667 | 24,586 | 26,339 | 27,433 | 31,294 | 21,737 | 21,507 | |
| Balance sheet: equity and liabilities | |||||||||||
10/49 |
2.7m | 2.7m | 2.5m | 1.7m | 2.5m | 2.1m | 1.9m | 1.9m | 2.0m | 2.1m | |
10/15 |
1.8m | 1.7m | 1.4m | 1.1m | 1.8m | 1.2m | 695,686 | 481,678 | 306,644 | 164,044 | |
10/11 |
300,000 | 300,000 | 300,000 | 300,000 | 150,000 | 150,000 | 150,000 | 150,000 | 150,000 | 150,000 | |
10 |
300,000 | 300,000 | 300,000 | 300,000 | - | - | - | - | - | - | |
100 |
300,000 | 300,000 | 300,000 | 300,000 | 300,000 | 300,000 | 300,000 | 300,000 | 300,000 | 300,000 | |
101 |
- | - | - | - | 150,000 | 150,000 | 150,000 | 150,000 | 150,000 | 150,000 | |
13 |
130,000 | 130,000 | 130,000 | 130,000 | 130,000 | 130,000 | 130,000 | 76,684 | 15,432 | 4,074 | |
130/1 |
30,000 | 30,000 | 30,000 | 30,000 | 30,000 | - | - | - | - | - | |
130 |
30,000 | 30,000 | 30,000 | 30,000 | 30,000 | 30,000 | 30,000 | 26,684 | 15,432 | 4,074 | |
133 |
100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 50,000 | - | - | |
14 |
1.3m | 1.3m | 997,630 | 703,502 | 1.5m | 901,663 | 415,686 | 254,994 | 141,212 | 9,970 | |
17/49 |
957,380 | 1.0m | 1.1m | 559,726 | 690,263 | 887,825 | 1.2m | 1.5m | 1.7m | 2.0m | |
17 |
- | - | - | - | 231,200 | 458,567 | 682,136 | 902,027 | 1.1m | 1.3m | |
170/4 |
- | - | - | - | 231,200 | 458,567 | 682,136 | 902,027 | 1.1m | 1.3m | |
42/48 |
957,316 | 1.0m | 1.1m | 559,378 | 458,989 | 429,258 | 534,573 | 564,413 | 550,509 | 551,305 | |
42 |
- | - | - | - | 227,367 | 223,568 | 219,891 | 216,246 | 212,661 | 209,066 | |
43 |
- | - | - | - | - | - | - | - | 554 | 918 | |
430/8 |
- | - | - | - | - | - | - | - | 554 | 918 | |
44 |
58,595 | 97,361 | 255,141 | 10,769 | 57,876 | 48,260 | 82,154 | 147,345 | 109,868 | 187,713 | |
440/4 |
58,595 | 97,361 | 255,141 | 10,769 | 57,876 | 48,260 | 82,154 | 147,345 | 109,868 | 187,713 | |
46 |
- | - | - | - | - | - | - | - | 5,000 | - | |
45 |
198,721 | 205,273 | 157,204 | 141,466 | 171,496 | 155,180 | 182,528 | 150,822 | 172,426 | 153,608 | |
450/3 |
60,514 | 50,194 | 14,911 | 10,128 | 71,180 | 20,889 | 90,384 | 50,991 | 68,426 | 42,371 | |
454/9 |
138,207 | 155,079 | 142,293 | 131,338 | 100,316 | 134,291 | 92,144 | 99,831 | 104,000 | 111,237 | |
47/48 |
700,000 | 700,000 | 700,000 | 407,143 | 2,250 | 2,250 | 50,000 | 50,000 | 50,000 | - | |
492/3 |
64 | 147 | 22 | 348 | 74 | - | - | - | - | 80,000 | |
| Income statement | |||||||||||
76A |
1,826 | 16,447 | 5,975 | 4,600 | - | 9,442 | 7,608 | 9,483 | - | 2,742 | |
9900 |
2.0m | 2.1m | 1.9m | 2.1m | 2.0m | 1.9m | 1.7m | 1.6m | 1.6m | 1.4m | |
62 |
1.3m | 1.1m | 1.1m | 1.1m | 787,479 | 884,907 | 936,631 | 901,705 | 956,586 | 999,486 | |
630 |
20,583 | 32,840 | 45,780 | 302,696 | 303,806 | 312,356 | 305,771 | 283,310 | 276,673 | 289,869 | |
631/4 |
13,160 | 49,590 | - | - | - | - | - | - | - | - | |
640/8 |
11,833 | 10,829 | 14,166 | 10,315 | 9,533 | 10,564 | 10,733 | 13,892 | 8,519 | 13,204 | |
66A |
- | - | 0 | 515 | - | - | - | 12 | - | - | |
9901 |
734,900 | 883,074 | 777,700 | 710,432 | 851,677 | 712,512 | 406,218 | 363,493 | 312,734 | 110,625 | |
75/76B |
35,831 | 44,562 | 42,572 | 14,370 | 24,131 | 21,576 | 8,436 | 19,455 | 14,613 | 21,997 | |
75 |
35,831 | 44,562 | 42,572 | 14,370 | 24,131 | 21,576 | 8,436 | 19,455 | 14,613 | 21,997 | |
65/66B |
10,203 | 8,481 | 1,769 | 17,815 | 12,300 | 24,973 | 17,955 | 21,558 | 25,190 | 13,872 | |
65 |
10,203 | 8,481 | 1,769 | 17,815 | 12,300 | 24,973 | 17,955 | 21,558 | 25,190 | 13,872 | |
9903 |
760,528 | 919,155 | 818,503 | 706,987 | 863,508 | 709,115 | 396,699 | 361,390 | 302,157 | 121,492 | |
67/77 |
14,428 | 8,776 | -175,626 | 184,415 | 224,849 | 220,889 | 132,690 | 136,356 | 109,558 | 27,448 | |
9904 |
746,100 | 910,379 | 994,129 | 522,572 | 638,659 | 488,226 | 264,009 | 225,034 | 192,599 | 94,044 | |
9905 |
746,100 | 910,379 | 994,129 | 522,572 | 638,659 | 488,226 | 264,009 | 225,034 | 192,599 | 94,044 | |
| Appropriation of the result | |||||||||||
9906 |
2.0m | 2.0m | 1.7m | 2.1m | 1.5m | 903,913 | 519,003 | 366,246 | 202,569 | 94,044 | |
14P |
1.3m | 1.1m | 703,501 | 1.5m | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | 53,317 | 61,252 | 11,357 | 4,074 | |
6920 |
- | - | - | - | - | - | 3,317 | 11,252 | 11,357 | 4,074 | |
6921 |
- | - | - | - | - | - | 50,000 | 50,000 | - | - | |
694/7 |
700,000 | 700,000 | 700,000 | 1.4m | 2,250 | 2,250 | 50,000 | 50,000 | 50,000 | 80,000 | |
694 |
700,000 | 700,000 | 700,000 | 1.4m | 2,250 | 2,250 | 50,000 | 50,000 | 50,000 | 80,000 | |
| Social balance sheet | |||||||||||
9087 |
19 | 19 | 19 | 19 | 16 | 17 | 18 | 18 | 21 | 24 | |
Hours worked1013 |
30,985 | 28,419 | 32,270 | 32,547 | 22,656 | 27,801 | 31,847 | 31,461 | 34,611 | 37,368 | |
| Document | |||||||||||
The notes to these accounts have 16 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 30-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 30-06-2026 | 2026-00224979 | |
| 31-12-2024 | full format | 31-08-2025 | 2025-00456162 | |
| 31-01-2024 | full format | 09-07-2024 | 2024-00228063 | |
| 31-01-2023 | full format | 29-06-2023 | 2023-00175003 | |
| 31-01-2022 | full format | 19-07-2022 | 2022-20205650 | |
| 31-12-2020 | full format | 05-07-2021 | 2021-30800022 | |
| 31-12-2019 | full format | 19-06-2020 | 2020-18300479 | |
| 31-12-2018 | full format | 21-06-2019 | 2019-21700510 | |
| 31-12-2017 | full format | 19-06-2018 | 2018-20600196 | |
| 31-12-2016 | full format | 21-06-2017 | 2017-20100454 | |
| 31-12-2015 | full format | 29-07-2016 | 2016-38600452 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 755,483 | 915,914 | 823,480 | 1.0m | 1.2m | 1.0m | 711,989 | 646,803 | 589,407 | 400,494 | ||
| 766,683 | 943,219 | 1.0m | 825,268 | 942,465 | 800,582 | 569,780 | 508,344 | 469,272 | 383,913 | ||
| 2,129 | 12,442 | 20,715 | 105,696 | 747 | 67,267 | 87,683 | 65,735 | 23,221 | 1.8m | ||
| -705,616 | 130,752 | 395,332 | - | 767,786 | 86,491 | 109,494 | 66,539 | 4,648 | - | ||
| 1.8m | 1.7m | 1.4m | 1.0m | 1.8m | 1.0m | 532,391 | 320,186 | 143,823 | 40,432 | ||
| 65.0% | 63.3% | 56.2% | 66.9% | 72.5% | 57.1% | 36.4% | 24.7% | 15.5% | 7.7% | ||
| 2.84 | 2.69 | 2.22 | 2.85 | 4.82 | 3.42 | 2.00 | 1.57 | 1.26 | 1.07 | ||
| 0.54 | 0.58 | 0.78 | 0.49 | 0.38 | 0.75 | 1.75 | 3.04 | 5.44 | 11.96 | ||
| 42.0% | 52.6% | 69.6% | 46.1% | 35.1% | 41.3% | 37.9% | 46.7% | 62.8% | 57.3% | ||
| 27.3% | 33.3% | 39.1% | 30.9% | 25.5% | 23.6% | 13.8% | 11.6% | 9.7% | 4.4% | ||
| 74.05 | over 100 | over 100 | 56.87 | - | - | - | - | - | - |
EBIT margin: not included in this filing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2025 | 31-12-2024 | 31-01-2024 | 31-01-2023 | 31-01-2022 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 19 | 19 | 19 | 17 | 19 |
| full-time | 17 | 17 | 17 | 15 | 17 |
| part-time | 2 | 2 | 2 | 2 | 2 |
| in full-time equivalents | 18.7 | 18.7 | 18.7 | 16.7 | 18.7 |
| 18.7 | 18.7 | 18.7 | 18.5 | 17.3 | |
| On a permanent contract | 19 | 19 | 19 | 17 | 19 |
| Joined | 2 | - | 3 | 0 | 5 |
| Left | 2 | - | 1 | 2 | 1 |
Source: social balance sheet in the 2022 to 2025 annual accounts
Overdue debts
tax and social security| Item | 2025 | 2024 | 31-01-2024 | 31-01-2023 | 31-01-2022 |
|---|---|---|---|---|---|
| Overdue tax debts | - | - | - | - | €10,128 |
| Overdue social security (RSZ) debts | - | - | - | - | €131,338 |
Source: notes to the 2022 to 2025 annual accounts (statement of debts)
Investments
fixed assets acquired| Item | 2025 | 2024 | 31-01-2024 | 31-01-2023 | 31-01-2022 |
|---|---|---|---|---|---|
| Tangible fixed assets | €2,129 | €5,392 | €21,122 | - | €103,896 |
| Intangible fixed assets | - | - | - | €20,715 | €1,800 |
| Financial fixed assets | - | €7,050 | - | - | - |
| €20,583 | €32,840 | €39,266 | €45,780 | €302,696 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on CODATA SERVICES
The operating result for 2025 is 17% lower than in 2024 and the lowest since 2022.
Debt's share of the balance-sheet total falls from 36.7% to 35.0%. Equity is higher and debt is lower.
Large changes and their cause
- 2023 Net result +90% on 2022. The previous financial year ran 13 months, this one 12.