CODAWN
Dissolution or liquidationSummary
The KBO register records for CODAWN the legal situation: dissolution or liquidation; this is today's state according to the register itself, which carries no start date. The 2023 annual accounts show equity of €42,379 and a net result of -€255.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 21-09-2024, 52 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
not filed
2023
52 d late
2022
8 d early
2021
41 d early
2020
50 d early
2019
58 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 5 accounts on average 21 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2023, micro schema
Turnover
€13,277▼ 78.3%
2021 · €61,286
EBIT margin
82.3%▲ 49.1pp
2021 · 33.1%
Net result
-€255
2022 · €8,307
Working capital
€42,265▲ 3.8%
2022 · €40,713
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Turnover€14,516▲ 23.1%€15,093▲ 4.0%€61,286▲ 306%€13,277▼ 78.3%
Operating result€3,853€829▼ 78.5%€20,298▲ 2,349%€10,923▼ 46.2%-€276
Net result€2,642€681▼ 74.2%€13,817▲ 1,929%€8,307▼ 39.9%-€255
EBIT margin26.5%▲ 31.0pp5.5%▼ 21.1pp33.1%▲ 27.6pp82.3%▲ 49.1pp
Equity€19,829▼ 16.0%€20,510▲ 3.4%€34,327▲ 67.4%€42,634▲ 24.2%€42,379▼ 0.6%
Total assets€44,088▲ 51.1%€26,492▼ 39.9%€51,543▲ 94.6%€48,371▼ 6.2%€42,379▼ 12.4%
Debt€23,259▲ 409%€4,982▼ 78.6%€16,216▲ 225%€5,737▼ 64.6%€0▼ 100%
Working capital€20,829▼ 15.4%€12,615▼ 39.4%€31,080▲ 146%€40,713▲ 31.0%€42,265▲ 3.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2023: a loss of €276 after €10,923 in 2022, the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €42,379
Fixed assets
€114 ▼ 94.1%
Current assets
€42,265 ▼ 9.0%
Key figures and ratios
EBITDA
€163▼
2022 · €14,641
Cash flow
€184▼
2022 · €12,025
Solvency
100.0%▲
2022 · 88.1%
Debt to equity
0.00▼
2022 · 0.13
ROE
-0.6%▼
2022 · 19.5%
ROA
-0.6%▼
2022 · 17.2%
Interest coverage
4.41▼
2022 · 369.90
Debt ≤ 1 year
€0▼
2022 · €5,737
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €14,516 | €15,093 | €61,286 | €13,277 | - | - |
| Non-recurring operating income76A | - | - | - | €15,219 | €4,710 | ▼ 69.1% |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €13,866 | €4,078 | ▼ 70.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €1,912 | €3,603 | €3,718 | €439 | ▼ 88.2% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | -€1,000 | - | - |
| Other operating charges640/8 | - | - | €433 | €990 | €469 | ▼ 52.6% |
| Gross operating margin9900 | €4,201 | €3,174 | €24,334 | €14,630 | €632 | ▼ 95.7% |
| Operating profit (loss)9901 | €3,853 | €829 | €20,298 | €10,923 | -€276 | ▼ 103% |
| Financial income75/76B | - | - | - | €414 | €58 | ▼ 86.0% |
| Recurring financial income75 | - | - | - | €414 | €58 | ▼ 86.0% |
| Financial charges65/66B | - | - | €36 | €40 | €37 | ▼ 6.5% |
| Recurring financial charges65 | €29 | €35 | €36 | €40 | €37 | ▼ 6.5% |
| Profit (loss) for the period before taxes9903 | €3,824 | €794 | €20,262 | €11,297 | -€255 | ▼ 102% |
| Income taxes67/77 | €1,182 | €113 | €6,445 | €2,990 | - | - |
| Profit (loss) for the period9904 | €2,642 | €681 | €13,817 | €8,307 | -€255 | ▼ 103% |
| Profit (loss) for the period to be appropriated9905 | €2,642 | €681 | €13,817 | €8,307 | -€255 | ▼ 103% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €44,088 | €26,492 | €51,543 | €48,371 | €42,379 | ▼ 12.4% |
| Fixed assets21/28 | - | €8,895 | €5,639 | €1,921 | €114 | ▼ 94.1% |
| Tangible fixed assets22/27 | - | €8,895 | €5,639 | €1,921 | €114 | ▼ 94.1% |
| Plant, machinery and equipment23 | - | - | €676 | €323 | €0 | ▼ 100% |
| Furniture and vehicles24 | - | - | €4,963 | €1,598 | €114 | ▼ 92.9% |
| Current assets29/58 | €44,088 | €17,597 | €45,905 | €46,450 | €42,265 | ▼ 9.0% |
| Stocks and contracts in progress3 | €758 | €879 | €741 | €653 | €653 | = |
| Stocks30/36 | - | - | €741 | €653 | €653 | = |
| Amounts receivable within one year40/41 | €3,058 | €4,470 | €15,628 | €264 | €41,612 | ▲ 15,664% |
| Trade receivables40 | - | - | €13,828 | - | - | - |
| Other amounts receivable41 | - | - | €1,800 | €264 | €41,612 | ▲ 15,664% |
| Cash at bank and in hand54/58 | €40,272 | €12,248 | €29,536 | €35,533 | - | - |
| Deferred charges and accrued income490/1 | - | - | - | €10,000 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €44,088 | €26,492 | €51,543 | €48,371 | €42,379 | ▼ 12.4% |
| Equity10/15 | €19,829 | €20,510 | €34,327 | €42,634 | €42,379 | ▼ 0.6% |
| Contributions10/11 | €18,600 | - | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €967 | €967 | €14,784 | €14,784 | €14,784 | = |
| Non-distributable reserves130/1 | - | - | €967 | €967 | €967 | = |
| Reserves not available under the articles1311 | - | - | €967 | €967 | €967 | = |
| Distributable reserves133 | - | - | €13,817 | €13,817 | €13,817 | = |
| Profit (loss) carried forward14 | €262 | €943 | €943 | €9,250 | €8,995 | ▼ 2.8% |
| Provisions and deferred taxes16 | €1,000 | €1,000 | €1,000 | - | - | - |
| Provisions for liabilities and charges160/5 | - | - | €1,000 | - | - | - |
| Environmental obligations163 | - | - | €1,000 | - | - | - |
| Amounts payable17/49 | €23,259 | €4,982 | €16,216 | €5,737 | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €23,259 | €4,982 | €14,825 | €5,737 | €0 | ▼ 100% |
| Trade debts44 | - | €14 | €1,175 | €348 | €0 | ▼ 100% |
| Suppliers440/4 | - | - | €1,175 | €348 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | - | €2,077 | €3,502 | €0 | ▼ 100% |
| Taxes450/3 | - | - | €2,077 | €3,502 | €0 | ▼ 100% |
| Other amounts payable47/48 | - | - | €11,573 | €1,887 | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | - | - | €1,391 | - | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,642 | €681 | €13,817 | €8,307 | -€255 | ▼ 103% |
| + Depreciation and write-downs630 | - | €1,912 | €3,603 | €3,718 | €439 | ▼ 88.2% |
| Operating cash flow (approximation) | €2,642 | €2,593 | €17,421 | €12,025 | €184 | ▼ 98.5% |
| Investment in fixed assets (approximation) | - | - | -€347 | €0 | €1,368 | - |
| Change in cash | - | -€28,024 | €17,288 | €5,997 | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2024
21-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 52 days late
2023
23-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity triplescurrent ratio 8.10
Current ratio from 3.10 to 8.10; short-term debt falls from €14,825 to €5,737.
20-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €13,817 ▲1,929%
Operating result €20,298, net result €13,817, both a record.
11-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
03-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €2,642
Net result €2,642 after one loss-making year.
20-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
22-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
15-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
13-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
10-06
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Thuin · 1 establishment unit since 2013
Ground area
146 m²
Building footprint
115 m²
Volume, LiDAR
1,029 m³
2 parcels, Wallonia · tallest building 14.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
CODAWN
since 20132.222.099.061
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56078E0392/00A000 | Wallonia | 85 m² | 1 · 84 m² | 10.0 m · 3 fl. |
| 56078E0446/00C000 ProtectedSite or landscape |
Wallonia | 62 m² | 1 · 31 m² | 14.1 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded12-09-2013
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.