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CoDeBa

Active Private limited companyfounded 2010active for 16 yearsStadenstraat 8, 8650 HouthulstKBO/BCE: BE 0827.461.864 #7 company by equity in Houthulst, Wholesale and retail trade sector
CoDeBa
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Overview

Lifetime

15 annual accounts with figures on one time axis
peak €249,802 (2014)
€78,591▼ 40.8%
peak €149,724 (2014)
€79,650▼ 17.4%
peak €1.1m (2025)
€1.1m▲ 7.5%
€20,657▲ 147%
Board2 names since 2010
1 director
Documentsfilings and deeds
28-08-202628 days late
2025micro format
Gross margin from €132,678 to €78,591Debts from €8,347 to €20,657Cash from €315,098 to €196,505

Key points

from the 2025 annual accounts

Equity

€1.1m ▲ 7.5%

CoDeBa has made a profit in every financial year since 2011.

Filings

15 annual accounts since 2011
AprilJune31 JulyOctober201520202025

Nine of the last ten came late. The 2020 accounts came latest: 31 days after the end of the period.

Position in the sector

98.2%

Higher solvency than 95% of companies in wholesale trade. Sector median 40.6% · 15,428 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 17,806 companies had the same profile as CoDeBa has now. Each dot stands for 45 companies, two years later.

96.5%
were still trading
3.2%
stopped another way
0.3%
went bankrupt
  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
Test of the method

The method was tested on the 497,331 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 17,806 companies, not a prediction for CoDeBa. 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

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director, since 01-07-2010
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0827461864
Change of role: , from manager to director Appointment: (director) · Director discharge: · Registered office clause: Stadenstraat 8, 8650 Houthulst · Gazette deed
Incorporation published on 13-07-2010 · Gazette deed
First establishment Stadenstraat 8, Houthulst
All 27 events

Comparable companies

same main activity, similar in size and age
Company
CoDeBa Houthulst €1.2m €78,591 98.2% -
MANGRINOX Wemmel €0.9m €75,176 7.0% -
SIVANCO Bruges €0.9m €76,290 40.8% 1.3
JEUX SEYNAEVE Wevelgem €0.8m €62,237 2.5% -
EUROSTORAGE Erpe-Mere €1.0m €115,241 91.3% -
Servitec Wommelgem €1.4m €116,457 24.4% 0
DEKASA Roeselare €1.6m €95,735 63.8% -

These companies have the same main activity as CoDeBa: wholesale of other machinery and equipment (NACE 46649). They are comparable in size and age: total assets between €754,000 and €1.6m, founded between 2009 and 2013.

Official details

Source: KBO
Status
Active since 02-07-2010Normal situation
Activity
Wholesale of other machinery and equipmentNACE 46649
Establishment unit
2.189.692.5498650 Houthulst, since 01-07-2010
Financial year end
31 December
Peppol
Reachable since 19-12-2025
Company details

Annual accounts 2025

€78,591▼ 40.8%
≈ €420,000estimated
€79,650▼ 17.4%
€1.1m▲ 7.5%
€1.2m▲ 8.6%
Filing
Filed on 28-08-2026
Financials

Insights on CoDeBa

CoDeBa files the micro format. That format states no turnover. The gross margin fell from €97,039 in 2011 to €78,591 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 28-08-2026, 28 days late
€78,591
▼ 40.8%
€64,617
▼ 45.3%
€75,456
▼ 41.2%
€90,489
▼ 15.1%
98.2%
▼ 1.0 percentage points
48.96

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €420,000. Estimated: probably between €210,000 and €740,000.

In the rankings #7 company by equity in Houthulst, Wholesale and retail trade sector

Money flows

no detail for 2025

Balance sheet

balance sheet total €1.2m on 31-12-2025
What the company ownsHow it is paid for

in €m

in euro

Position in the sector

Compare with sector

98.2%

Higher than 95% of 15,428 companies in 2025.

48.96

Higher than 95% of 14,692 companies in 2025.

6.9%

Higher than 62% of 14,921 companies in 2025.

CoDeBa Middle half of the sector 80% of the sector Micro accounts in wholesale trade (NACE 46)

Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202520242023202220212020201920182017201620152014201320122011
Balance sheet: assets
20/58 1.2m1.1m1.0m909,867850,899681,490639,642668,299625,138616,667589,628646,627382,741410,638422,629
21/28 149,407160,246165,861175,797185,734195,686206,826218,162226,598237,689247,919251,176260,649225,578176,634
22/27 149,407160,246165,861175,797185,734195,686206,826218,162226,598237,689247,919251,176260,649225,578176,634
22 149,407160,246165,861175,797185,734195,670205,601215,532225,462235,393245,323248,241259,097224,919176,089
23 ----0161815429531,4128451,0571,32156112
24 ------1,0442,0881838841,7501,878232603434
29/58 1.0m908,610843,606734,069665,165485,804432,816450,138398,540378,977341,710395,451122,091185,060245,995
3 -010,200-------18,713----
30/36 -010,200-------18,713----
40/41 70,47348,33943,189102,55771,94155,18952,41898,590113,513191,506170,978183,183115,001117,090113,242
40 48,83140,61632,795102,55771,93013,9777,10783,320105,706167,401156,555171,166115,001116,533113,242
41 21,6427,72310,39501241,21245,31115,2697,80724,10614,42312,017-557-
50/53 744,431543,569523,069461,569252,569116,069---------
54/58 196,505315,098267,148169,943338,688309,124370,729351,548283,752187,471152,019212,2687,09067,971132,753
490/1 01,603-01,9665,4229,669-1,275------
Balance sheet: equity and liabilities
10/49 1.2m1.1m1.0m909,867850,899681,490639,642668,299625,138616,667589,628646,627382,741410,638422,629
10/15 1.1m1.1m964,075853,323777,697672,457625,902604,074535,599469,038358,748268,765119,04174,30835,278
10/11 12,40012,40012,40012,40012,40012,40012,40012,40012,40012,40012,40012,40012,40012,40012,400
100 ------18,60018,60018,60018,60018,60018,60018,60018,60018,600
101 ------6,2006,2006,2006,2006,2006,2006,2006,2006,200
13 1.1m1.0m951,675840,923765,297660,057613,502591,674523,199456,638346,348256,365106,64161,90822,878
130/1 ----01,860---------
130 ------1,8601,8601,8601,8601,8601,8601,8601,8601,860
1311 ----01,860---------
132 92,620151,560109,46058,94058,94037,20037,20037,20033,248------
133 1.0m896,550842,215781,983706,357620,997574,442552,614488,092454,778344,488254,505104,78160,04821,018
17/49 20,6578,34745,39256,54473,2029,03313,74064,22589,538147,628230,880377,862263,700336,330387,351
17 -----------34,50080,500126,500172,500
170/4 -----------34,50080,500126,500172,500
42/48 20,6577,19432,62256,06672,6029,03313,74064,22589,538147,628230,880343,362183,199209,830214,851
42 ----------34,50046,00047,28146,00046,000
43 ------------37--
430/8 ------------37--
44 20,5724,82519,36925,08640,5885,5206,30961,53874,75870,797137,841125,23261,566127,781131,867
440/4 20,5724,82519,36925,08640,5885,5206,30961,53874,75870,797137,841125,23261,566127,781131,867
45 85257821,80311,8979931,2801,88714,78076,83156,036109,83527,89223,03424,881
450/3 85257821,80311,8979931,2801,88714,78076,83156,036109,83527,89223,03424,881
47/48 02,34413,1749,17820,1172,5216,151800--2,50462,29546,42313,01412,102
492/3 01,15312,770478600----------
Income statement
70 -------------447,015663,185
76A ----------7,013----
9900 78,591132,678154,374108,406159,99889,10854,617142,203148,117195,447163,098249,80298,17285,44597,039
60/61 -------------367,022566,875
630 10,83910,1279,9379,9379,95211,14011,33611,56811,09211,45611,41213,28522,12922,69157,326
640/8 3,1354,4083,9684,1165,9584,8054,1513,4833,5714,0037,7392,8925,0141,4253,174
66A --0404-----------
9901 64,617118,144140,46993,949144,08973,16439,130127,152133,454179,988143,948233,62571,02861,32936,539
75/76B 62,84716,87314,33618,0322,49801,6236,7711,3587,7605,9944,6768,5578,7108,671
75 62,84716,87314,33618,0322,49801,6236,7711,3587,7605,9944,6768,5578,7108,671
65/66B 4761,6771,3021,3772,4851,8863,5316896591,6373,4637,7838,2908,3133,896
65 4761,6771,3021,3772,4851,8863,5316896591,6373,4637,7838,2908,3133,896
9903 126,988133,339153,503110,604144,10171,27737,222133,234134,154186,112153,492230,51871,29561,72641,315
67/77 47,33836,90542,75134,97838,86124,72214,59463,95967,59475,82263,50880,79526,56222,69718,436
9904 79,65096,434110,75375,625105,24046,55522,62869,27566,561110,29089,984149,72444,73339,02922,878
789 58,940--037,200----------
689 042,10050,520058,940--3,95333,248------
9905 138,59054,33460,23375,62583,50046,55522,62865,32333,313110,29089,984149,72444,73339,02922,878
Appropriation of the result
9906 138,59054,33460,23375,62583,50046,55522,62865,32333,313110,29089,984149,72444,73339,02922,878
691/2 138,59054,33460,23375,62583,50046,55521,82864,52333,313110,29089,984149,72444,73339,02922,878
6920 --------------1,860
6921 138,59054,33460,23375,62583,50046,55521,82864,52333,313110,29089,984149,72444,73339,02921,018
694/7 ------800800-------
694 ------800800-------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 6 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 28-08-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 28 days after the deadline. Filed on 28 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00501794.

Financial year Type Filed Reference Document
31-12-2025 micro format 28-08-2026 2026-00501794 PDF
31-12-2024 micro format 19-08-2025 2025-00400899 PDF
31-12-2023 micro format 14-08-2024 2024-00347732 PDF
31-12-2022 micro format 18-08-2023 2023-00334788 PDF
31-12-2021 micro format 31-08-2022 2022-20414050 PDF
31-12-2020 micro format 31-08-2021 2021-58800263 PDF
31-12-2019 micro format 03-07-2020 2020-27600308 PDF
31-12-2018 micro format 22-08-2019 2019-48400407 PDF
31-12-2017 micro format 02-08-2018 2018-42000509 PDF
31-12-2016 micro format 30-08-2017 2017-50700288 PDF
31-12-2015 abbreviated format 31-08-2016 2016-51500078 PDF
31-12-2014 abbreviated format 12-08-2015 2015-41100170 PDF
31-12-2013 abbreviated format 12-08-2014 2014-41000205 PDF
31-12-2012 abbreviated format 25-07-2013 2013-34600527 PDF
31-12-2011 abbreviated format 27-08-2012 2012-44700166 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202520242023202220212020201920182017201620152014201320122011
75,456128,270150,406103,886154,04184,30350,466138,720144,546191,444155,359246,91093,15784,02093,865
90,489106,561120,68985,562115,19357,69533,96480,84377,652121,746101,395163,00866,86261,72080,204
04,51208,1080003,13201,2271,1423,81157,20071,634233,960
-118,59347,95197,205-168,74629,565-61,60519,18167,79696,28135,452-60,249205,178-60,880-64,782-
990,752901,416810,985678,003592,564476,771419,076385,912309,001231,349110,82952,089-61,108-24,77031,144
-------------13.7%5.5%
98.2%99.2%95.5%93.8%91.4%98.7%97.9%90.4%85.7%76.1%60.8%41.6%31.1%18.1%8.3%
48.96-25.8613.099.1653.7831.507.014.452.571.481.150.670.881.14
48.96-25.5513.099.1653.7831.507.014.452.571.401.150.670.881.14
0.020.010.050.070.090.010.020.110.170.310.641.412.224.5310.98
7.0%9.1%11.5%8.9%13.5%6.9%3.6%11.5%12.4%23.5%25.1%55.7%37.6%52.5%64.9%
6.9%9.0%11.0%8.3%12.4%6.8%3.5%10.4%10.6%17.9%15.3%23.2%11.7%9.5%5.4%
over 10076.47over 10075.4261.98----------
-------------95 days62 days
-------------127 days85 days

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.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets-€4,512-€8,108-
€10,839€10,127€9,937€9,937€9,952

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on CoDeBa

The operating result for 2025 is 45% lower than in 2024 and the lowest since 2019. It is the second fall in a row.

Debt's share of the balance-sheet total rises from 0.8% to 1.8%. Equity and debt are higher.

Board & ownership

Board

1 director, last change in 2021
Director
since 01-07-2010 term without a fixed end
earlier manager, until 10-11-2021
listed in the 2025 annual accounts, filed on 28-08-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 10-11-2021

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today

Director

Director
BoardEarliermandate already running before its first mentionend not dated
Mandates as a list
    • Director, from 01-07-2010 to date
    • Manager, until 10-11-2021
    • Director, appointed by deed of 10-11-2021, no longer listed in the 2025 annual accounts

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Contribution
€12,400
Source
2025 annual accounts

Articles of association

deed of 10-11-2021 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 1 director
Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
186 shares
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Monday of June at 14:00
Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
“Een of meerdere vereffenaars aanduiden,bevoegdheden omlijnen,vergoeding bepalen, indien geen andere vereffenaar benoemd”

Network & group

No group

CoDeBa has no parent and no holdings in its annual accounts. is the only director. CoDeBa shares no director with another company.

At the same address

Stadenstraat 8, 8650 Houthulst · 1 other company
Vereniging van Mede-eigenaars Residentie Vrijbos te Houthulst, Stadenstraat 8
registered office since 06-12-2010
 founded in 2010
0809.348.303

Timeline

Timeline

27 events since 2010

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 28 days late
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0827461864
Annual accounts 2024 filed PDFmicro format · 19 days late
2024
Liquidity more than quadruples current ratio 126.30 The current ratio rises from 25.86 to 126.30. Short-term debt falls from €32,622 to €7,194.
Equity above €1m equity €1.1m ▲10% With a profit in every financial year since 2011, equity grows to €1.1m.
Annual accounts 2023 filed PDFmicro format · 14 days late
2023
Annual accounts 2022 filed PDFmicro format · 18 days late
2022
Annual accounts 2021 filed PDFmicro format · 31 days late
2021
Change of role: , from manager to directorAppointment: (director) · Director discharge: · Registered office clause: Stadenstraat 8, 8650 Houthulst5 points ▸
  • Director resignation, (manager)
  • Director appointment,
  • Director discharge,
  • Director appointment,
  • Registered office clause, Stadenstraat 8, 8650 Houthulst
  • The deed holds 5 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2020 filed PDFmicro format · 31 days late
2020
Annual accounts 2019 filed PDFmicro format · 28 days before the deadline
2019
Weakest financial year net €22,628 ▼67.3% The net result drops to €22,628, the lowest from 2011 to 2025. It recovers the following year.
Liquidity more than quadruples current ratio 31.50 The current ratio rises from 7.01 to 31.50. Short-term debt falls from €64,225 to €13,740.
Annual accounts 2018 filed PDFmicro format · 22 days late
2018
Annual accounts 2017 filed PDFmicro format · 2 days late
2017
Equity above €500,000 equity €535,599 ▲14.2% With a profit in every financial year since 2011, equity grows to €535,599.
Annual accounts 2016 filed PDFmicro format · 30 days late
2016
Annual accounts 2015 filed PDFabbreviated format · 31 days late
2015
Annual accounts 2014 filed PDFabbreviated format · 12 days late
2014
Highest result from 2011 to 2025 net €149,724 ▲235% The operating result of €233,625 and the net result of €149,724 are both a record.
Equity above €200,000 equity €268,765 ▲126% With a profit in every financial year since 2011, equity grows to €268,765.
Annual accounts 2013 filed PDFabbreviated format · 12 days late
2013
Equity above €100,000 equity €119,041 ▲60.2% With a profit in every financial year since 2011, equity grows to €119,041.
Annual accounts 2012 filed PDFabbreviated format · 6 days before the deadline
2012
Annual accounts 2011 filed PDFabbreviated format · 27 days late
2010
Incorporation PDFpublished on 13-07-2010
First establishment Stadenstraat 8, Houthulst

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 2 July 2010, CoDeBa was incorporated.1 Total assets went from €668,299 in 2018 to €1.2m in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0827.461.864
VAT number
BE 0827.461.864
Peppol ID
0208:0827461864
Other Peppol ID
9925:BE0827461864
Legal form
Private limited company
Status
Active, normal situation
Founded
02-07-2010
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Monday of June at 14:00
deed of 10-11-2021 (in Dutch)
Peppol
Reachable since 19-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
CoDeBa in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 10-11-2021 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 10-11-2021 (in Dutch)

Activities

NACEBEL 2025
46649 Wholesale of other machinery and equipment main activity
Codes under NACEBEL 2008
46699 Wholesale trade main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Elektriciteit Adviesbureau voor ondernemingen; Support van ondernemingen; Verhuur van materiaal (tenten,tafels,...); Import en export van…”
17 activities
  1. Elektriciteit Adviesbureau voor ondernemingen
  2. Support van ondernemingen
  3. Verhuur van materiaal (tenten,tafels,...)
  4. Import en export van allerhande onderdelen
  5. Import en export van textiel
  6. Bouwwerken
  7. Sportondersteuning
  8. Het commercialiseren,onder al zijn mogelijke vormen,en met name de aankoop,de verkoop,de makelaardij en de commissie van de hierna genoemde,door ander ondernemingen gefabriceerde producten,namelijk : machine-onderdelen,gereedschappen,wisselstukken,...
  9. De controle op hun beheer of de participatie hierin door het opnemen van alle mogelijke mandaten binnen deze vennootschappen of ondernemingen
  10. De aankoop,het beheer en de verkoop van alle mogelijke roerende en onroerende waarden,van alle mogelijke sociale rechten en,meer algemeen van alle verrichtingen met betrekking van het beheer van de aldus samengestelde portefeuille
  11. Het verlenen van bijstand,advies en leiding aan bedrijven,privé-personen en instellingen,voornamelijk doch niet uitsluitend op het vlak van management,marketing,productie en ontwikkeling,processing en het besturen van vennootschappen,dit alles in de meest ruime betekenis.
  12. De creatie,ontwikkeling,verbetering,herstelling,installatie,verkoop,distributie,commercialisering,algemene vertegenwoordiging van websites,logo's,grafisch materiaal,zowel hardware als software.
  13. De aankoop,de verkoop,de import,de export,de commercialisatie,de distributie,de bemiddeling,de algemene vertegenwoordiging van alle elektrische en elektronische materialen,producten,toestellen,toebehoren en installaties,alsmede de onderdelen die er betrekking op hebben
  14. De plaatsing,het onderhoud,de herstelling van alle elektrische en elektronische installaties
  15. De aan- en verkoop,de groot- en kleinhandel,de in- en uitvoer,de verhuring,het ontwerpen,de fabricatie,het vervaardigen,het verstelwerk van: textiel,ceremonie-,beroeps-,sport- en andere kleding,bontwerk,lederwaren,schoeisel,kousen,hoeden,fantasiejuwelen en alle mogelijke kledingsaccessoires en modeartikelen,zowel voor dames,heren als voor kinderen.
  16. Import en export van dranken;
  17. Aannemer voor het plaatsen van gryproc en isolatie;
deed of 10-11-2021 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Stadenstraat 8 registered office 8650 Houthulst 01-07-2010 2.189.692.549

Buildings and parcels at the address

Ground area
1,327 m²
Buildings
213 m²
Volume, LiDAR
846 m³
Tallest building
6.7 m
Buildings to scale, each on its own parcel
213 m², 6.7 m 213 m², 6.7 m

Location

registered office establishment The establishment unit on the map
2 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
32006D0012/00X0101,327 m² 1 · 213 m² 6.7 m · 1

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