Codefi Engineering
Annual accounts 2025
micro format, filed on 27-07-2026, 4 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €170,000. Estimated: probably between €140,000 and €220,000.
Balance sheet
balance sheet total €128,164 on 31-12-2025in euro
in euro
Position in the sector
81.5%
Higher than 77% of 21,208 companies in 2025.
32.18
Higher than 95% of 20,571 companies in 2025.
21.0%
Higher than 54% of 20,746 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||
20/58 |
128,164 | 106,477 | 84,018 | 89,865 | 51,711 | 57,205 | |
21/28 |
3,117 | 3,943 | 6,125 | 2,677 | 2,524 | 1,204 | |
22/27 |
3,117 | 3,943 | 6,125 | 2,677 | 2,524 | 1,204 | |
23 |
264 | 624 | 984 | 1,345 | 1,705 | 917 | |
24 |
2,018 | 2,368 | 4,073 | 1,332 | 819 | 287 | |
26 |
835 | 951 | 1,068 | - | - | - | |
29/58 |
125,047 | 102,534 | 77,892 | 87,188 | 49,188 | 56,001 | |
40/41 |
68,976 | 51,753 | 51,344 | 16,080 | 15,966 | 17,342 | |
40 |
19,422 | 17,714 | 14,810 | 15,859 | 15,966 | 17,339 | |
41 |
49,554 | 34,040 | 36,534 | 221 | 0 | 3 | |
54/58 |
31,152 | 22,358 | 23,825 | 67,113 | 28,129 | 31,484 | |
490/1 |
24,919 | 28,422 | 2,723 | 3,995 | 5,093 | 7,175 | |
| Balance sheet: equity and liabilities | |||||||
10/49 |
128,164 | 106,477 | 84,018 | 89,865 | 51,711 | 57,205 | |
10/15 |
104,393 | 77,517 | 24,798 | 29,638 | 29,510 | 24,798 | |
10/11 |
3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | |
13 |
101,198 | 74,398 | 21,798 | 21,798 | 21,798 | 21,798 | |
133 |
101,198 | 74,398 | 21,798 | 21,798 | 21,798 | 21,798 | |
14 |
194 | 118 | - | 4,840 | 4,712 | - | |
16 |
19,886 | 19,276 | - | - | - | - | |
160/5 |
19,886 | 19,276 | - | - | - | - | |
164/5 |
19,886 | 19,276 | - | - | - | - | |
17/49 |
3,886 | 9,684 | 59,219 | 60,226 | 22,201 | 32,407 | |
42/48 |
3,886 | 9,684 | 59,219 | 60,150 | 22,201 | 32,158 | |
43 |
- | 58 | 112 | - | - | - | |
430/8 |
- | 58 | 112 | - | - | - | |
44 |
1,611 | 1,706 | 1,454 | 1,763 | 4,983 | 1,332 | |
440/4 |
1,611 | 1,706 | 1,454 | 1,763 | 4,983 | 1,332 | |
45 |
2,275 | 7,920 | 20,325 | 21,570 | 13,842 | 15,582 | |
450/3 |
2,275 | 7,920 | 20,325 | 21,570 | 13,806 | 15,582 | |
454/9 |
- | - | - | 0 | 36 | - | |
47/48 |
- | - | 37,328 | 36,817 | 3,376 | 15,244 | |
492/3 |
- | - | - | 76 | 0 | 249 | |
| Income statement | |||||||
9900 |
72,449 | 109,116 | 63,281 | 63,932 | 8,745 | 45,272 | |
62 |
- | - | 250 | - | - | - | |
630 |
2,264 | 2,182 | 1,569 | 938 | 482 | 67 | |
635/8 |
610 | 19,276 | - | - | - | - | |
640/8 |
484 | 778 | 472 | 462 | 1,225 | 17,043 | |
9901 |
69,091 | 86,879 | 60,991 | 62,533 | 7,037 | 28,162 | |
75/76B |
2,060 | 2,157 | 964 | 0 | 3 | - | |
75 |
2,060 | 2,157 | 964 | 0 | 3 | - | |
65/66B |
29,659 | 3,125 | 114 | 39 | 180 | 32 | |
65 |
29,659 | 3,125 | 114 | 39 | 180 | 32 | |
9903 |
41,492 | 85,912 | 61,841 | 62,495 | 6,860 | 28,130 | |
67/77 |
14,616 | 33,193 | 16,911 | 13,379 | 2,149 | 6,332 | |
9904 |
26,876 | 52,718 | 44,931 | 49,115 | 4,712 | 21,798 | |
9905 |
26,876 | 52,718 | 44,931 | 49,115 | 4,712 | 21,798 | |
| Appropriation of the result | |||||||
9906 |
26,994 | 52,718 | 49,771 | 53,827 | 4,712 | 21,798 | |
14P |
118 | - | 4,840 | 4,712 | - | - | |
791/2 |
- | - | 0 | - | - | - | |
691/2 |
26,800 | 52,600 | - | - | 0 | 21,798 | |
6921 |
26,800 | 52,600 | - | - | 0 | 21,798 | |
694/7 |
- | - | 49,771 | 48,987 | 0 | - | |
694 |
- | - | 49,771 | 48,987 | - | - | |
696 |
- | - | - | - | 0 | - | |
| Social balance sheet | |||||||
Hours worked1013 |
- | 0 | - | - | - | - | |
| Document | |||||||
The notes to these accounts have 5 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 27-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 27-07-2026 | 2026-00335036 | |
| 31-12-2024 | micro format | 30-07-2025 | 2025-00329784 | |
| 31-12-2023 | micro format | 19-08-2024 | 2024-00360396 | |
| 31-12-2022 | micro format | 28-06-2023 | 2023-00184814 | |
| 31-12-2021 | micro format | 05-07-2022 | 2022-20157924 | |
| 31-12-2020 | micro format | 22-07-2021 | 2021-39400407 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| 71,356 | 89,062 | 62,560 | 63,471 | 7,519 | 28,229 | ||
| 29,140 | 54,901 | 46,499 | 50,053 | 5,194 | 21,865 | ||
| 1,438 | 0 | 5,018 | 1,091 | 1,802 | 1,270 | ||
| 8,794 | -1,467 | -43,287 | 38,983 | -3,355 | - | ||
| 121,162 | 92,850 | 18,673 | 27,038 | 26,987 | 23,844 | ||
| 81.5% | 72.8% | 29.5% | 33.0% | 57.1% | 43.3% | ||
| 32.18 | 10.59 | 1.32 | 1.45 | 2.22 | 1.74 | ||
| 0.04 | 0.12 | 2.39 | 2.03 | 0.75 | 1.31 | ||
| 25.7% | 68.0% | 181.2% | 165.7% | 16.0% | 87.9% | ||
| 21.0% | 49.5% | 53.5% | 54.7% | 9.1% | 38.1% | ||
| 2.41 | 28.50 | over 100 | over 100 | 41.70 | - |
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.
Social balance sheet
| Item | 31-12-2024 |
|---|---|
| Employees at the balance-sheet date | 0 |
| full-time | 0 |
| part-time | 0 |
Source: social balance sheet in the 2024 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €1,438 | - | €5,018 | €1,091 | €1,802 |
| €2,264 | €2,182 | €1,569 | €938 | €482 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on Codefi Engineering
The operating result for 2025 is 20% lower than in 2024.
Debt's share of the balance-sheet total falls from 9.1% to 3.0%. Equity is higher and debt is lower.