CODDY
ActiveSummary
CODDY has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-161k) and a net result of €26k. Equity is shrinking by ~39% per year across the filed fiscal years. Its solvency ranks better than 8% of 2304 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
48
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability88▲+88
Solvency0=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.34 against 0.37 in 2024; short-term debt: 202.3% and cash: 22% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 93
Relative position
BE, all sectors
reference
Sector 93
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-154.8%
Return on assets
24.9%
Age of the figures
17 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 8% of 2304 sector peers (2025).
NBB · sector comparisonPosition among 2304 sector peers
Solvency
better than 8%
← weakest
strongest →
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 30-04-2025 was due by 30-11-2025 and was filed on 01-12-2025, 1 day late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 6 filingsDeviation from the deadline
2025
1 d late
2024
2 d early
2023
on the day
2022
on the day
2021
1 d late
2020
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-04-2026 and is due by 30-11-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-04-2026 close24-09-2026 today30-11-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€-161k▲ 13.8%
2024 · €-186k
2020: €10k
2021: €10k
2022: €371k
2023: €-58k
2024: €-186k
2020 → 2025
Total assets
€104k▼ 32.2%
2024 · €153k
2020: €32k
2021: €76k
2022: €517k
2023: €267k
2024: €153k
2020 → 2025
Net result
€26k
2024 · €-128k
2020: €4k
2021: €-328
2022: €-154k
2023: €-429k
2024: €-128k
2020 → 2025
Working capital
€-138k▲ 16.1%
2024 · €-165k
2020: €8k
2021: €30k
2022: €378k
2023: €-113k
2024: €-165k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€10k-€371k▲ 3,694%€-58k€-186k▼ 221%€-161k▲ 13.8%
Operating result€3k-€-149k€-422k▼ 184%€-113k▲ 73.1%€40k
Net result€-328-€-154k▼ 46,730%€-429k▼ 179%€-128k▲ 70.1%€26k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €40k after a loss of €113k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €104k
Fixed assets
€32k ▼ 42.4%
Current assets
€72k ▼ 26.4%
Key figures and ratios
EBITDA
€63k▲
2024 · €-90k
Cash flow
€49k▲
2024 · €-104k
Solvency
-154.8%▼
2024 · -121.8%
Current ratio
0.34▼
2024 · 0.37
Debt to equity
-1.65▲
2024 · -1.82
ROA
24.9%▲
2024 · -83.9%
Interest coverage
4.57▲
2024 · -6.03
Debt
€264k▼
2024 · €339k
Debt ≤ 1 year
€210k▼
2024 · €262k
Debt > 1 year
€52k▼
2024 · €75k
Staff costs
€43k▼
2024 · €240k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€153k€104k▼
Fixed assets21/28€56k€32k▼
Intangible fixed assets21€43k€22k▼
Tangible fixed assets22/27€5k€2k▼
Furniture and vehicles24€5k€2k▼
Financial fixed assets28€8k€8k=
Current assets29/58€97k€72k▼
Amounts receivable within one year40/41€45k€48k▲
Trade receivables40€33k€45k▲
Other amounts receivable41€12k€3k▼
Cash at bank and in hand54/58€45k€23k▼
Deferred charges and accrued income490/1€8k€1k▼
Equity and liabilities
Total equity and liabilities10/49€153k€104k▼
Equity10/15€-186k€-161k▲
Contributions10/11€521k€521k=
Profit (loss) carried forward14€-707k€-681k▲
Amounts payable17/49€339k€264k▼
Amounts payable after more than one year17€75k€52k▼
Financial debts170/4€75k€52k▼
Amounts payable within one year42/48€262k€210k▼
Current portion of amounts payable after more than one year42€87k€94k▲
Financial debts43€300-
Credit institutions430/8€300-
Trade debts44€14k€15k▲
Suppliers440/4€14k€15k▲
Advances received on contracts in progress46-€800
Taxes, remuneration and social security45€28k€1k▼
Taxes450/3€6k€1k▼
Remuneration and social security454/9€22k-
Other amounts payable47/48€133k€99k▼
Accrued charges and deferred income492/3€2k€2k▼
Income statement
Code20242025
Remuneration, social security and pensions62€240k€43k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€24k▼
Other operating charges640/8€130-
Gross operating margin9900€151k€106k▼
Operating profit (loss)9901€-113k€40k▲
Financial income75/76B€28-
Recurring financial income75€28-
Financial charges65/66B€15k€14k▼
Recurring financial charges65€15k€14k▼
Profit (loss) for the period before taxes9903€-128k€26k▲
Profit (loss) for the period9904€-128k€26k▲
Profit (loss) for the period to be appropriated9905€-128k€26k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-707k€-681k▲
Profit (loss) brought forward from the previous period14P€-579k€-707k▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
01-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 1 day late
30-04
Financial
Back to profitnet €26k
Net result €26k after 4 loss-making years.
2024
28-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
30-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-04
Financial
Weakest financial yearnet €-429k
Net result drops to €-429k, the lowest in the series; recovery starts the following year.
2022
30-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-04
Financial
Liquidity doublescurrent ratio 6.01
Current ratio from 2.91 to 6.01.
30-04
Financial
Equity above €200kEq €371k ▲3694%
Equity rises from €10k to €371k.
2021
01-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 1 day late
30-04
Financial
Liquidity doublescurrent ratio 2.91
Current ratio from 1.37 to 2.91; short-term debt falls from €22k to €16k.
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Oudergem · 2 establishment units since 2018
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Invalidenlaan 201160 OudergemGround area
417 m²
Building footprint
336 m²
Volume, LiDAR
3,610 m³
2 parcels, Brussels · tallest building 14.9 m, ±4 floors. Linked by address, not a title deed.
2 establishment units
KALIO TECH
since 20182.277.212.877
Vrijwilligerslaan 19, 1160 Oudergem
since 20222.327.433.737
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21002A0095/00H008 | Brussels | 209 m² | 1 · 129 m² | 12.3 m · 4 fl. |
| 21002A0170/00E004 | Brussels | 208 m² | 1 · 207 m² | 14.9 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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BE 0420.766.204
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Of 298 companies in sector 93293 we hold annual accounts for 190. 147 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-06-2018
Fiscal year end30-04
Activities, NACEBEL 2025
93293Sports, amusement and recreation activities
62900Other information technology and computer services
62100Computer programming
62200Computer consultancy and computer facilities management
63910Web portal activities
73110Advertising agencies
82300Organisation of conventions and trade shows
93299Other amusement and recreation activities
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.