Equity
€58,264 ▲ 24.2%
CODEL has made a profit without a break since 2020.
CODEL
Lifetime
20 annual accounts with figures on one time axis, 31 filings since 1995peak €34,038 (2007)
€22,340▼ 31.4%
lowest -€69,975 (2006)
€11,365▼ 46.5%
peak €58,264 (2025)
€58,264▲ 24.2%
€24,038▼ 3.6%
peak 1 FTE (2007)
-not published
Board2 names since 2021
1 director
Documentsfilings and deeds
28-08-202628 days late
2025micro format
Gross margin from €32,543 to €22,340Result from €21,229 to €11,365Equity from €46,898 to €58,264Cash from €9,587 to €4,605
Key points
from the 2025 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 31,386 companies had the same profile as CODEL has now. Each dot stands for 79 companies, two years later.
93.4%
were still trading
6.0%
stopped another way
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
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 31,386 companies, not a prediction for CODEL. 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
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0453961384
Registered office moved from Ans to Floreffe
New registered office: section de Floriffoux, Rue Jules Theunis 18, 5150 Floreffe · Previous registered office: section de Xhendremael, Place de l’Eglise 9, 4432 Ans · Resignation: (director) · General meeting of 18-06-2021 · Gazette deed
First establishment
Rue Jules-Theunis, Floriffoux 18, Floreffe
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CODEL Floreffe | €82,301 | €22,340 | 70.8% | - |
| SANÉ Geetbets | €80,142 | €27,764 | -65.6% | - |
| COGETOUR Anhée | €54,874 | €37,325 | -406.5% | - |
| GEM CONSULT Jette | €67,184 | €16,681 | 66.1% | - |
| Smarthome Solutions Kapellen | €93,308 | €23,681 | 53.8% | - |
| ALConti.be Deinze | €68,460 | €32,085 | 28.0% | - |
| Brunswick Schilde | €80,317 | €15,779 | -11.7% | - |
These companies have the same main activity as CODEL: agents in non-specialised wholesale trade (NACE 46190). They are comparable in size and age: total assets between €54,900 and €93,300, founded between 1988 and 1999.
Official details
Source: KBO- Status
- Active since 08-12-1994Normal situation
- Activity
- Agents in non-specialised wholesale tradeNACE 46190
- Establishment unit
- 2.070.414.8175150 Floreffe, since 23-02-1995
- Financial year end
- 31 December
- Peppol
- Reachable since 04-02-2026
Insights on CODEL
CODEL files the micro format. That format states no turnover. The gross margin rose from -€23,282 in 2006 to €22,340 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 CODEL
- What is the company number of CODEL?
- The company number of CODEL is 0453.961.384. The VAT number is the same number with BE in front: BE 0453.961.384.
- Where is CODEL based?
- The registered office is at Rue Jules-Theunis, Floriffoux 18, 5150 Floreffe.Company details
- What does CODEL do?
- According to the KBO register, the main activity is agents in non-specialised wholesale trade (NACE 46190).
- What is the legal form of CODEL?
- CODEL is a private limited company (BV).
- When was CODEL founded?
- CODEL was founded on 08-12-1994.
- Is CODEL still active?
- Yes, CODEL is an active enterprise in the KBO register.
- What is the turnover of CODEL?
- The turnover in financial year 2025 is ≈ €180,000. This figure is estimated from the gross margin of €22,340 and 32 comparable companies (NACE 46190). It probably lies between €83,000 and €300,000. It is a rough estimate.Financials
- Is CODEL profitable?
- In financial year 2025, CODEL made a profit of €11,365.
- Where can I find the annual accounts of CODEL?
- CODEL filed 31 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CODEL due?
- CODEL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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