Equity
€214,737 ▲ 4.2%
CODAWOOD has made a profit in every financial year since 2021.
CODAWOOD
Lifetime
5 annual accounts with figures on one time axispeak €102,066 (2021)
€88,785▲ 3.4%
peak €77,572 (2021)
€8,621▼ 82.7%
peak €214,737 (2025)
€214,737▲ 4.2%
€64,001▼ 9.8%
Board2 names since 2020
2 directors and 1 other
Documentsfilings and deeds
26-01-20265 days before the deadline
2025micro format
Result from €49,760 to €8,621Investments €64,088Cash from €150,274 to €94,150
Key points
from the 2025 annual accountsTurnover
≈ €210,000 estimated
The micro format states no turnover.
Investments
€64,088 2.3 × depreciation
Green is investment, beige is depreciation. Land and buildings stand 51.7% higher than in 2024.
Liquidity
6.47 was 9.05 in 2024
Short-term debts rose from €19,593 to €22,032.
Filings
5 annual accounts since 2021
The last five annual accounts were filed 5 to 48 days before the end of the period.
Position in the sector
€214,737
More equity than 82% of companies in computer programming and consultancy. Sector median €68,844 · 22,051 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 5,053 companies had the same profile as CODAWOOD has now. Each dot stands for 13 companies, two years later.
93.9%
were still trading
3.8%
stopped another way
2.2%
went bankrupt
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 5,053 companies, not a prediction for CODAWOOD. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
Director, since 03-06-2020
Director, since 03-06-2020
- 50 sharesdeed of 05-06-2020
- 50 sharesdeed of 05-06-2020
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0747832683
Registered office moved within Wetteren
New registered office: Collegiebaan 54, 9230 Wetteren · Previous registered office: Markt 14 bus 11, 9230 Wetteren · Gazette deed
Incorporation
Founding capital of €3,500, 100 shares · Founders: and · Appointments: (director) and (director) · published on 05-06-2020 · Gazette deed
First establishment
Collegiebaan 54, Wetteren
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CODAWOOD Wetteren | €278,738 | €88,785 | 77.0% | - |
| GISWHAT Berlare | €301,609 | €79,040 | 37.5% | - |
| Evix Ghent | €240,513 | €81,273 | 25.0% | - |
| Soft DecoTec Izegem | €254,920 | €85,935 | 79.2% | - |
| AMSver bv Leuven | €257,968 | €82,535 | 84.5% | - |
| Deboel.EU Dilbeek | €320,431 | €84,756 | 89.0% | - |
| MCC SERVICES Zaventem | €250,033 | €94,506 | 45.8% | - |
These companies have the same main activity as CODAWOOD: computer programming (NACE 62100). They are comparable in size and age: total assets between €241,000 and €320,000, founded between 2019 and 2020.
Official details
Source: KBO- Status
- Active since 03-06-2020Normal situation
- Activity
- Computer programmingNACE 62100and 5 others
- Establishment unit
- 2.302.896.1039230 Wetteren, since 03-06-2020
- Financial year end
- 30 June
- Peppol
- Reachable since 18-11-2025
Annual accounts to 30-06-2025
- €278,738▲ 0.6%
- Employeeson 30-06-2025
- 1
- Filing
- Filed on 26-01-2026, 5 days before the end of the filing period
Insights on CODAWOOD
CODAWOOD files the micro format. That format states no turnover. The gross margin fell from €102,066 in 2021 to €88,785 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about CODAWOOD
- What is the company number of CODAWOOD?
- The company number of CODAWOOD is 0747.832.683. The VAT number is the same number with BE in front: BE 0747.832.683.
- Where is CODAWOOD based?
- The registered office is at Collegiebaan 54, 9230 Wetteren.Company details
- What does CODAWOOD do?
- According to the KBO register, the main activity is computer programming (NACE 62100).
- What is the legal form of CODAWOOD?
- CODAWOOD is a private limited company (BV).
- When was CODAWOOD founded?
- CODAWOOD was founded on 03-06-2020.
- Is CODAWOOD still active?
- Yes, CODAWOOD is an active enterprise in the KBO register.
- How many employees does CODAWOOD have?
- CODAWOOD had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of CODAWOOD?
- The turnover in financial year 2025 is ≈ €210,000. This figure is estimated from the gross margin of €88,785 and 41 comparable companies (NACE 62100). It probably lies between €170,000 and €260,000.
- Is CODAWOOD profitable?
- In financial year 2025, CODAWOOD made a profit of €8,621.
- Where can I find the annual accounts of CODAWOOD?
- CODAWOOD filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CODAWOOD due?
- CODAWOOD must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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