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CODEL

Active Private limited company (pre-2019)founded 1996active for 30 yearsGrote Thems 116, 8490 JabbekeKBO/BCE: BE 0458.668.359
CODEL
Financial year 2024
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Annual accounts 2024

micro format, filed on 14-02-2025, 14 days late

2025 annual accounts not yet filed, deadline passed on 31 January 2026 The financial year closed on 30 June 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 10 November 2026.

€52,965
▼ 7.2%
€35,645
▼ 6.2%
€22,680
▼ 6.5%
€121,058
▲ 7.1%
71.1%
▲ 5.6 percentage points
2.07
▲ 0.24

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 ≈ €110,000. Estimated: probably between €81,000 and €140,000.

Balance sheet

balance sheet total €396,181 on 30-06-2024
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

71.1%

Higher than 65% of 37,582 companies in 2024.

2.07

Higher than 47% of 36,335 companies in 2024.

5.7%

Higher than 35% of 36,821 companies in 2024.

CODEL Middle half of the sector 80% of the sector Micro accounts in head offices and management consultancy (NACE 70)

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

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202420232022202120202019201820172016201520142013201220112010200920082007
Balance sheet: assets
20/58 396,181395,236377,783424,669394,242392,210406,022393,955381,659347,584350,193264,230295,203340,779313,986314,363322,329385,604
21/28 162,378146,978156,168161,492166,409178,237179,789192,738203,098218,115234,366247,943262,455283,979292,553287,835292,997330,102
21 -----------53105158211---
22/27 128,644138,244147,434152,758166,285178,113179,666192,614202,974217,991234,242247,767262,226283,697292,218287,711292,873329,978
22 125,817134,107145,621151,072163,440174,664176,365185,673196,133206,593213,759223,887234,015244,143253,742263,835264,995269,192
23 1,3071,2531,0281,3261,4161,6602,3673,2835758441,8463164241,1654,5517,8521,372112
24 1,5192,8847853591,4291,7899343,6586,26610,55418,63723,07926,81936,54630,81311,64620,86055,715
26 -----------4849691,8443,1114,3785,6454,959
28 33,7348,7348,7348,734124124124124124124124124124124124124124124
29/58 233,803248,258221,615263,177227,834213,974226,233201,218178,561129,469115,82716,28732,74856,80021,43326,52829,33255,501
29 191,000211,000175,000206,000190,000190,000160,000160,000126,00070,000--------
291 191,000211,000175,000206,000190,000190,000160,000160,000126,00070,000--------
40/41 25,78021,10929,08342,71922,46611,39725,96520,72830,42047,52179,8702,61922,51847,6099,7647,07719,52419,772
40 7,8655,27710,24037,05314,5007,8656,5006,5007,2327,53010,711-20,00040,8747,4327,07716,45513,996
41 17,91515,83218,8435,6677,9663,53219,46514,22823,18839,99169,1592,6192,5186,7352,332-3,0695,776
50/53 6,4326,5616,6256,5236,4706,4896,6706,6896,7586,5106,4846,4386,5006,7356,5706,5136,7977,015
54/58 4,9463,4684,0061,5393,3607526,7988,3589,8687524,5815,5972,1598843,85711,7161,49823,572
490/1 5,6466,1206,9016,3965,5376,0136,8005,4425,5155,3644,8921,6331,5711,5721,2421,2221,5135,142
Balance sheet: equity and liabilities
10/49 396,181395,236377,783424,669394,242392,210406,022393,955381,659347,584350,193264,230295,203340,779313,986314,363322,329385,604
10/15 281,760259,079264,145314,534283,069261,900251,129239,286225,959215,501206,253149,969116,596110,317150,119164,983141,672122,892
10/11 18,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,600
100 -----18,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,600
13 263,160240,479245,545295,934264,469243,300232,529220,686207,359196,901187,000131,00097,00091,717131,519146,000123,000104,000
130/1 183,241160,560165,626216,015184,550151,021140,250120,40791,07933,248--------
130 -----1,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,860
1311 1,8601,8601,8601,8601,860-------------
1319 181,381158,700163,766214,155182,690151,021140,250120,40791,07933,248--------
133 79,91979,91979,91979,91979,91990,41990,41998,419114,419161,793185,140129,14095,14089,857129,659144,140121,140102,140
14 ----------653369996--38372292
17/49 114,421136,156113,638110,134111,173130,310154,893154,669155,701132,083143,940114,261178,607230,462163,867149,380180,657262,712
17 -----13,12841,65528,55527,3782,87911,36012,39524,78939,65555,21770,64085,92988,903
170/4 -----13,12841,65528,55527,3782,87911,36012,39524,78939,65555,21770,64085,92988,903
42/48 112,745135,238113,578110,075111,051117,092113,163126,018128,191129,205132,580100,130153,818190,807107,52176,72694,727173,809
42 ----13,12828,52727,89328,07020,7108,48220,65112,39514,86615,56215,42315,29017,30217,532
44 14,81514,79117,50622,0627,35312,06214,52613,43619,27558,48851,47155,55279,86284,54150,91513,17725,6734,437
440/4 14,81514,79117,50622,0627,35312,06214,52613,43619,27558,48851,47155,55279,86284,54150,91513,17725,6734,437
45 48,44542,60547,67830,73931,91928,53914,93020,89726,85638,23530,45712,88916,81216,23819,63734,0456,60511,553
450/3 48,44542,60546,92829,78931,91928,53914,93020,89726,85638,23530,45712,88916,81216,23819,63734,0456,60511,553
454/9 --750950--------------
47/48 49,48577,84248,39357,27358,65147,96455,81463,61561,35024,00030,00019,29542,27874,46721,54614,21445,147140,286
492/3 1,6769186060122907496132--1,736--1,1292,014--
Income statement
76A -------------74----
9900 52,96557,07377,59464,45558,50332,31543,75457,58057,15467,162140,90371,25845,78011,00925,61378,75965,61952,951
630 10,19813,30913,21013,29613,29414,76314,25915,49117,03322,01822,48520,59625,16028,95331,04228,43926,69334,672
640/8 3,0592,6282,6392,6422,7322,4662,7392,7983,0763,0762,9943,0222,7584,2973,4331,4701,9432,972
66A 4,0623,1211,7191,3031,7141,3471,8091,9201,8701,930502,0606,2351956702,58013,436880
9901 35,64538,01560,02547,21340,76313,74024,94737,37037,04542,068115,42347,64017,863-22,240-8,86248,84936,98215,306
75/76B 4,0584,7375,2234,8334,2394,8365,5474,2293,9253,7451,0613841096195811345451
75 4,0584,7375,2234,8334,2394,8365,5474,2293,9253,7451,0613841096195811345451
65/66B 1,9041,8321,1023,3122,3942,3912,1043,2212,6381,7783,3904,1785,4562,9405,3907,5755,1106,455
65 1,9041,8321,1023,3122,3942,3912,1043,2212,6381,7783,3904,1785,4562,9405,3907,5755,1106,455
9903 37,79940,92064,14548,73442,60816,18528,39138,37936,46242,105113,04541,7866,281-24,683-14,86438,70518,7808,422
67/77 15,11816,65823,45517,26810,9395,4148,5489,05212,0058,85726,761413215,119-15,394--
9904 22,68024,26240,69031,46631,66910,77119,84329,32724,45833,24886,28341,3746,279-39,802-14,86423,31118,7808,422
9905 22,68024,26240,69031,46631,66910,77119,84329,32724,45833,24886,28341,3746,279-39,802-14,86423,31118,7808,422
Appropriation of the result
9906 22,68024,26240,69031,46631,66910,77119,84329,32724,45833,90186,65342,3696,279-39,802-14,48123,38319,0728,422
791/2 -29,32791,079-10,500-8,00016,00014,00023,347---39,80214,481---
691/2 22,68024,26240,69031,46631,66910,77119,84329,32724,45833,24856,00034,0005,283--23,00019,0008,130
6921 22,68024,26240,69031,46631,66910,77119,84329,32724,45833,24856,00034,0005,283--23,00019,0008,130
694/7 -29,32791,079-10,500-8,00016,00014,00024,00030,0008,000------
694 -29,32791,079---------------
695 ----10,500-8,00016,00014,00024,00030,0008,000------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 9 older financial years (1998-2006) were filed as documents without figures as data, scans for example.

The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2024 (PDF), filed on 14-02-2025.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
30-06-2024 micro format 14-02-2025 2025-00035386 PDF
30-06-2023 micro format 12-02-2024 2024-00030797 PDF
30-06-2022 micro format 30-01-2023 2023-00009670 PDF
30-06-2021 micro format 27-01-2022 2022-02200540 PDF
30-06-2020 micro format 15-02-2021 2021-05400023 PDF
30-06-2019 micro format 31-01-2020 2020-03500093 PDF
30-06-2018 micro format 01-02-2019 2019-04200543 PDF
30-06-2017 micro format 01-02-2018 2018-04100250 PDF
30-06-2016 abbreviated format 30-01-2017 2017-02900504 PDF
30-06-2015 abbreviated format 15-01-2016 2016-02200548 PDF
30-06-2014 abbreviated format 16-01-2015 2015-01800030 PDF
30-06-2013 abbreviated format 12-02-2014 2014-03400004 PDF
30-06-2012 abbreviated format 08-03-2013 2013-06000023 PDF
30-06-2011 abbreviated format 22-02-2012 2012-04300466 PDF
30-06-2010 abbreviated format 25-02-2011 2011-04500466 PDF
30-06-2009 abbreviated format 24-02-2010 2010-05200405 PDF
30-06-2008 abbreviated format 17-02-2009 2009-05400103 PDF
30-06-2007 abbreviated format 25-01-2008 2008-02900008 PDF
30-06-2006 abbreviated format 18-01-2007 2007-02004329 PDF
30-06-2005 abbreviated format 18-01-2006 2006-02101911 PDF
30-06-2004 abbreviated format 28-01-2005 2005-03503758 PDF
30-06-2003 abbreviated format 16-01-2004 2004-01703249 PDF
30-06-2002 abbreviated format 28-10-2002 2002-68504511 PDF
30-06-2001 abbreviated format 17-01-2002 2002-01802301 PDF
30-06-2000 abbreviated format 13-02-2001 2001-04202282 PDF
30-06-1999 abbreviated format 28-02-2000 2000-04800127 PDF
30-06-1998 abbreviated format 17-03-1999 1999-05000768 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202420232022202120202019201820172016201520142013201220112010200920082007
45,84451,32473,23560,50954,05728,50339,20652,86254,07864,086137,90968,23743,0226,71222,18077,28963,67549,978
32,87937,57153,90044,76244,96325,53434,10244,81941,49155,266108,76961,97031,438-10,84916,17851,75045,47443,094
25,5984,1197,8879,6161,46713,2101,3105,1312,0165,7678,9086,0843,63621,29735,76023,27724,3142,911
1,479-5382,466-1,8213,285-26,72318,440-1,5109,793-24,50718,9843,4381,275-2,973-7,85910,218-22,074-
121,058113,019108,037153,102116,78296,882113,06975,19950,370265-16,753-83,843-121,070-134,007-86,088-50,198-65,395-118,307
71.1%65.6%69.9%74.1%71.8%66.8%61.9%60.7%59.2%62.0%58.9%56.8%39.5%32.4%47.8%52.5%44.0%31.9%
2.071.841.952.392.051.832.001.601.391.000.870.160.210.300.200.350.310.32
0.410.530.430.350.390.500.620.650.690.610.700.761.532.091.090.911.282.14
8.0%9.4%15.4%10.0%11.2%4.1%7.9%12.3%10.8%15.4%41.8%27.6%5.4%-36.1%-9.9%14.1%13.3%6.9%
5.7%6.1%10.8%7.4%8.0%2.7%4.9%7.4%6.4%9.6%24.6%15.7%2.1%-11.7%-4.7%7.4%5.8%2.2%
24.0728.0166.43---------------

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.

Overdue debts

tax and social security
Item30-06-202430-06-202330-06-2022
Overdue tax debts€29,013€25,448€17,031

Source: notes to the 2022 to 2024 annual accounts (statement of debts)

Securities and guarantees

on own assets and for others
Item30-06-202430-06-202330-06-2022
Mortgages, amount registered--€235,499
Carrying value of the mortgaged assets--€145,621

Source: notes to the 2022 to 2024 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item30-06-202430-06-202330-06-2022
Tangible fixed assets€598€4,119€7,887
Financial fixed assets€25,000--
€10,198€13,309€13,210

Source: notes to the 2022 to 2024 annual accounts (statement of fixed assets)

Insights on CODEL

The operating result for 2024 is 6% lower than in 2023 and the lowest since 2019. It is the second fall in a row.

Debt's share of the balance-sheet total falls from 34.4% to 28.9%. Equity is higher and debt is lower.

Next steps

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