Losses
-€27,198 in four years
Every financial year from 2022 to 2025 closed with a loss. 2022 was the heaviest.
CODEFAB
Lifetime
11 annual accounts with figures on one time axispeak €11,734 (2020)
-€5,794▼ €9,580
lowest -€10,976 (2022)
-€10,085▼ €9,401
peak €14,064 (2021)
€1,866▲ €4,915
€8,926▼ 54.9%
Board1 name since 2015
1 director
Documentsfilings and deeds
05-07-202626 days before the deadline
2025micro format
Gross margin from €3,786 to -€5,794Loss of €10,085Equity from -€3,049 to €1,866Debts from €19,796 to €8,926Cash from €139 to €916
Key points
from the 2025 annual accountsDebts
€8,926 83% of the balance sheet
Suppliers 4%Taxes and wages 5%Other 90%
Filings
11 annual accounts since 2015
The 2016 accounts came 28 days late. The other nine of the last ten were filed on time.
Turnover not published (micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,294 companies had the same profile as CODEFAB has now. Each dot stands for 4 companies, two years later.
89.6%
were still trading
5.9%
stopped another way
4.1%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
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.
| 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 1,294 companies, not a prediction for CODEFAB. 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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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0597784769
Registered office moved from Namur to Quévy
New registered office: VOIE BLANCHE 34-7040 QUEVY · Previous registered office: CHAUSSEE DE LOUVAIN 307-5004 NAMUR · General meeting of 16-12-2019 · Gazette deed
Incorporation
published on 19-02-2015 · Gazette deed
First establishment
Chaussée de Louvain 307, Namur
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CODEFAB Quévy | €10,792 | -€5,794 | 17.3% | - |
| SCS ALEXGYPROC Frameries | €9,692 | -€6,328 | 31.3% | - |
| JANSEN NEXT Zonhoven | €10,770 | -€463 | 99.0% | - |
| Bisou and Co Brussels | €11,362 | -€14,383 | -232.0% | - |
| Akkaya 61 Lommel | €12,421 | -€22,871 | -80.1% | - |
| ÇOSKUN CONSTRUCT Machelen (Brab.) | €8,918 | -€4,437 | 100.0% | - |
| CALDAS Sint-Pieters-Leeuw | €13,724 | -€1,795 | 45.1% | - |
These companies have the same main activity as CODEFAB: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €8,920 and €13,700, founded between 2014 and 2016.
Official details
Source: KBO- Status
- Active since 09-02-2015Normal situation
- Activity
- General construction of residential buildingsNACE 41001
- Establishment unit
- 2.244.232.7785004 Namur, since 09-02-2015
- Financial year end
- 31 December
- Peppol
- Reachable since 17-12-2025
Annual accounts 2025
- €10,792▼ 35.6%
- Filing
- Filed on 05-07-2026, 26 days before the end of the filing period
Insights on CODEFAB
CODEFAB files the micro format. That format states no turnover. The gross margin rose from -€6,228 in 2015 to -€5,794 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 CODEFAB
- What is the company number of CODEFAB?
- The company number of CODEFAB is 0597.784.769. The VAT number is the same number with BE in front: BE 0597.784.769.
- Where is CODEFAB based?
- The registered office is at Voie Blanche 34, 7040 Quévy.Company details
- What does CODEFAB do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of CODEFAB?
- CODEFAB is a private limited company (pre-2019) (BVBA).
- When was CODEFAB founded?
- CODEFAB was founded on 09-02-2015.
- Is CODEFAB still active?
- Yes, CODEFAB is an active enterprise in the KBO register.
- What is the turnover of CODEFAB?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it. In financial year 2024 turnover was €6,479.Financials
- Is CODEFAB profitable?
- In financial year 2025, CODEFAB made a loss of €10,085.
- Where can I find the annual accounts of CODEFAB?
- CODEFAB filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CODEFAB due?
- CODEFAB must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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