CODEMI
ActiveSummary
CODEMI has been active since 1982 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €1.7m and a net result of €105,354. Equity is shrinking by ~5.2% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.5% (very low).
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Signals
This company filed its last 7 accounts on average 64 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
History
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Financials · fiscal year 2026, full schema
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Peer companies
Historical observationOf the 14,733 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 14,733 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €500,000 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €56,812 | €56,813 | €56,812 | = |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | €320,558 | - | - | - | - |
| Other operating charges640/8 | €868 | €898 | €22,142 | €22,549 | €22,928 | ▲ 1.7% |
| Non-recurring operating charges66A | - | €500,000 | - | - | - | - |
| Gross operating margin9900 | -€3,731 | €581,125 | €150,079 | €157,156 | €198,328 | ▲ 26.2% |
| Operating profit (loss)9901 | -€4,599 | -€240,331 | €71,125 | €77,794 | €118,588 | ▲ 52.4% |
| Financial income75/76B | €42,769 | €54 | - | - | - | - |
| Recurring financial income75 | €42,769 | €54 | - | - | - | - |
| Financial charges65/66B | €37 | €24,931 | €20,606 | €13,656 | €13,234 | ▼ 3.1% |
| Recurring financial charges65 | €37 | €24,931 | €20,606 | €13,656 | €13,234 | ▼ 3.1% |
| Profit (loss) for the period before taxes9903 | €38,133 | -€265,208 | €50,519 | €64,138 | €105,354 | ▲ 64.3% |
| Income taxes67/77 | €15,713 | - | - | - | - | - |
| Profit (loss) for the period9904 | €22,420 | -€265,208 | €50,519 | €64,138 | €105,354 | ▲ 64.3% |
| Transfer from tax-exempt reserves789 | €39,731 | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €62,151 | -€265,208 | €50,519 | €64,138 | €105,354 | ▲ 64.3% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.2m | €2.8m | €2.8m | €2.7m | €2.7m | ▼ 2.0% |
| Fixed assets21/28 | - | €2.8m | €2.8m | €2.7m | €2.7m | ▼ 2.1% |
| Tangible fixed assets22/27 | - | €2.8m | €2.8m | €2.7m | €2.7m | ▼ 2.1% |
| Land and buildings22 | - | €2.8m | €2.8m | €2.7m | €2.7m | ▼ 2.1% |
| Current assets29/58 | €2.2m | €9,212 | €2,206 | €469 | €1,767 | ▲ 277% |
| Amounts receivable within one year40/41 | €172,769 | - | - | - | - | - |
| Trade receivables40 | €42,769 | - | - | - | - | - |
| Other amounts receivable41 | €130,000 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €2.0m | €9,212 | €2,206 | €469 | €1,767 | ▲ 277% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.2m | €2.8m | €2.8m | €2.7m | €2.7m | ▼ 2.0% |
| Equity10/15 | €2.2m | €2.0m | €2.0m | €1.6m | €1.7m | ▲ 6.7% |
| Contributions10/11 | €300,000 | €300,000 | €300,000 | €300,000 | €300,000 | = |
| Capital10 | €300,000 | €300,000 | €300,000 | €300,000 | €300,000 | = |
| Issued capital100 | €300,000 | €300,000 | €300,000 | €300,000 | €300,000 | = |
| Reserves13 | €30,000 | €30,000 | €30,000 | €30,000 | €30,000 | = |
| Non-distributable reserves130/1 | €30,000 | €30,000 | €30,000 | €30,000 | €30,000 | = |
| Legal reserve130 | €30,000 | €30,000 | €30,000 | €30,000 | €30,000 | = |
| Profit (loss) carried forward14 | €1.9m | €1.6m | €1.7m | €1.2m | €1.3m | ▲ 8.5% |
| Amounts payable17/49 | €5,713 | €894,896 | €780,559 | €1.2m | €997,003 | ▼ 13.9% |
| Amounts payable within one year42/48 | €5,713 | €894,896 | €780,559 | €1.2m | €997,003 | ▼ 13.9% |
| Financial debts43 | - | €870,000 | €760,000 | €645,000 | €982,000 | ▲ 52.2% |
| Credit institutions430/8 | - | - | - | €645,000 | €982,000 | ▲ 52.2% |
| Other loans439 | - | €870,000 | €760,000 | - | - | - |
| Trade debts44 | - | €24,896 | €20,559 | €12,871 | €15,003 | ▲ 16.6% |
| Suppliers440/4 | - | €24,896 | €20,559 | €12,871 | €15,003 | ▲ 16.6% |
| Taxes, remuneration and social security45 | €5,713 | - | - | - | - | - |
| Taxes450/3 | €5,713 | - | - | - | - | - |
| Other amounts payable47/48 | - | - | - | €500,000 | - | - |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €22,420 | -€265,208 | €50,519 | €64,138 | €105,354 | ▲ 64.3% |
| + Depreciation and write-downs630 | - | - | €56,812 | €56,813 | €56,812 | = |
| Operating cash flow (approximation) | €22,420 | -€265,208 | €107,331 | €120,951 | €162,166 | ▲ 34.1% |
| Investment in fixed assets (approximation) | - | - | €0 | €0 | €0 | - |
| Change in cash | - | -€2.0m | -€7,006 | -€1,737 | €1,298 | ▲ 175% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
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About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62067F0533/00L000 | Wallonia | 419 m² | 1 · 218 m² | 10.2 m · 2 fl. |
Linked by address, not proof of ownership
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 28 September 2026 · Peppol Directory
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