Equity
Equity fell by 98% in 3 years.
Equity fell by 98% in 3 years.
Every financial year from 2023 to 2025 closed with a loss. 2023 was the heaviest.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| CODEMI Koekelberg | €651,204 | -€4,516 | 0.5% | - |
| GMCJ Brussels | €630,823 | -€21,868 | 94.1% | - |
| METERS AND MORE Brussels | €608,813 | -€32,951 | 89.0% | - |
| Advies 70three Geraardsbergen | €672,805 | -€34,741 | 48.4% | - |
| FINCO Rail Attert | €659,403 | -€1,270 | 53.9% | - |
| VALUE INVEST CONSULT Chaumont-Gistoux | €709,821 | -€35,789 | 98.6% | - |
| EPICURIAL Chaudfontaine | €588,448 | -€5,478 | 10.2% | - |
These companies have the same main activity as CODEMI: other business support services (NACE 82990). They are comparable in size and age: total assets between €588,000 and €710,000, founded between 2007 and 2010.
CODEMI files the micro format. That format states no turnover. The gross margin rose from -€6,030 in 2009 to -€4,516 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them.
Higher than 14% of 10,252 companies in 2025.
Lower than 95% of 9,835 companies in 2025.
Higher than 22% of 9,977 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: top quarter · Working capital: bottom quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||
20/58 |
651,204 | 650,000 | 660,842 | 665,179 | 650,406 | 650,531 | 651,928 | 652,843 | 653,726 | 655,260 | 653,685 | 653,095 | 652,829 | 650,000 | 651,381 | 653,399 | 651,858 | |
21/28 |
650,000 | 650,000 | 650,000 | 650,000 | 650,000 | 650,000 | 650,000 | 650,000 | 650,000 | 650,000 | 650,000 | 650,000 | 650,000 | 650,000 | 650,000 | 650,000 | 650,000 | |
28 |
650,000 | 650,000 | 650,000 | 650,000 | 650,000 | 650,000 | 650,000 | 650,000 | 650,000 | 650,000 | 650,000 | 650,000 | 650,000 | 650,000 | 650,000 | 650,000 | 650,000 | |
29/58 |
1,204 | - | 10,842 | 15,179 | 406 | 531 | 1,928 | 2,843 | 3,726 | 5,260 | 3,685 | 3,095 | 2,829 | - | 1,381 | 3,399 | 1,858 | |
40/41 |
- | - | 5,646 | 5,243 | - | - | - | - | - | - | - | - | - | - | - | 1,609 | 1,470 | |
40 |
- | - | 403 | - | - | - | - | - | - | - | - | - | - | - | - | 1,609 | 1,470 | |
41 |
- | - | 5,243 | 5,243 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
54/58 |
1,204 | - | 5,196 | 9,936 | 406 | 531 | 1,928 | 2,843 | 3,726 | 5,260 | 3,685 | 3,095 | 2,829 | - | 1,381 | 1,789 | 388 | |
| Balance sheet: equity and liabilities | ||||||||||||||||||
10/49 |
651,204 | 650,000 | 660,842 | 665,179 | 650,406 | 650,531 | 651,928 | 652,843 | 653,726 | 655,260 | 653,685 | 653,095 | 652,829 | 650,000 | 651,381 | 653,399 | 651,858 | |
10/15 |
3,000 | 176,377 | 178,428 | 192,675 | 118,013 | 105,064 | 88,708 | 90,779 | 95,633 | 101,361 | 109,563 | 121,518 | 95,142 | 86,027 | 101,702 | 117,973 | 136,594 | |
10/11 |
3,000 | 155,000 | 155,000 | 155,000 | 155,000 | 155,000 | 155,000 | 155,000 | 155,000 | 155,000 | 155,000 | 155,000 | 155,000 | 155,000 | 155,000 | 155,000 | 155,000 | |
10 |
- | - | - | 155,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
- | - | - | 155,000 | 155,000 | 155,000 | 155,000 | 155,000 | 155,000 | 155,000 | 155,000 | 155,000 | 155,000 | 155,000 | 155,000 | 155,000 | 155,000 | |
14 |
- | 21,377 | 23,428 | 37,675 | -36,987 | -49,936 | -66,292 | -64,221 | -59,367 | -53,639 | -45,437 | -33,482 | -59,858 | -68,973 | -53,298 | -37,027 | -18,406 | |
17/49 |
648,204 | 473,623 | 482,414 | 472,504 | 532,393 | 545,467 | 563,220 | 562,063 | 558,093 | 553,899 | 544,122 | 531,577 | 557,687 | 563,973 | 549,679 | 535,425 | 515,265 | |
17 |
- | - | - | - | - | - | - | - | 16,378 | 54,069 | 89,585 | 123,051 | 154,585 | 184,299 | 262,297 | 338,680 | 413,540 | |
170/4 |
- | - | - | - | - | - | - | - | 16,378 | 54,069 | 89,585 | 123,051 | 154,585 | 184,299 | 212,297 | 238,680 | 413,540 | |
178/9 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 50,000 | 100,000 | - | |
42/48 |
648,204 | 473,623 | 482,414 | 472,504 | 532,393 | 545,467 | 563,220 | 562,063 | 541,715 | 499,830 | 454,537 | 408,526 | 403,103 | 379,675 | 287,382 | 196,745 | 100,290 | |
42 |
- | - | - | - | - | - | - | - | - | - | - | - | 32,111 | 54,000 | 40,000 | 41,000 | 50,000 | |
43 |
- | - | - | - | - | - | 3,333 | 19,712 | 41,025 | 38,381 | 33,466 | 31,534 | - | 30,552 | 26,383 | 24,860 | 25,315 | |
430/8 |
- | - | - | - | - | - | 3,333 | 19,712 | 41,025 | 38,381 | 33,466 | 31,534 | - | 30,552 | 26,383 | 24,860 | 25,315 | |
44 |
- | - | 1,039 | 5,247 | 3,786 | 1,298 | 741 | 3,206 | 3,545 | 2,969 | 2,592 | 2,233 | 2,232 | 963 | 1,890 | - | - | |
440/4 |
- | - | 1,039 | 5,247 | 3,786 | 1,298 | 741 | 3,206 | 3,545 | 2,969 | 2,592 | 2,233 | 2,232 | 963 | 1,890 | - | - | |
45 |
5,028 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
450/3 |
5,028 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
47/48 |
643,177 | 473,623 | 481,375 | 467,257 | 528,607 | 544,169 | 559,146 | 539,146 | 497,145 | 458,480 | 418,480 | 374,759 | 368,759 | 294,159 | 219,109 | 130,885 | 24,975 | |
492/3 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,435 | |
| Income statement | ||||||||||||||||||
9900 |
-4,516 | -1,881 | -636 | -1,508 | -2,196 | -1,561 | -1,369 | -2,169 | -384 | -1,677 | -1,421 | -1,364 | -3,580 | -1,778 | -3,043 | -1,310 | -6,030 | |
640/8 |
- | 50 | 348 | - | 348 | 348 | 348 | 348 | 348 | 368 | 1,914 | 914 | 957 | 89 | 942 | 437 | 784 | |
9901 |
-4,516 | -1,931 | -983 | -1,508 | -2,544 | -1,909 | -1,716 | -2,517 | -732 | -2,045 | -3,335 | -2,278 | -4,537 | -1,867 | -3,985 | -1,747 | -6,814 | |
75/76B |
- | - | - | 89,000 | 30,000 | 40,200 | - | - | - | - | - | 40,000 | 25,004 | 4 | 2,983 | 3 | 4 | |
75 |
- | - | - | 89,000 | 30,000 | 40,200 | - | - | - | - | - | 40,000 | 25,004 | 4 | 2,983 | 3 | 4 | |
65/66B |
102 | 121 | 13,263 | 12,830 | 14,507 | 21,936 | 354 | 2,337 | 4,996 | 6,156 | 8,621 | 11,345 | 11,352 | 13,812 | 15,269 | 16,876 | 11,596 | |
65 |
102 | 121 | 13,263 | 12,830 | 14,507 | 21,936 | 354 | 2,337 | 4,996 | 6,156 | 8,621 | 11,345 | 11,352 | 13,812 | 15,269 | 16,876 | 11,596 | |
9903 |
-4,618 | -2,052 | -14,247 | 74,662 | 12,949 | 16,356 | -2,071 | -4,854 | -5,728 | -8,201 | -11,956 | 26,377 | 9,115 | -15,675 | -16,271 | -18,620 | -18,406 | |
67/77 |
- | - | - | - | - | - | - | - | - | - | - | 1 | - | 1 | 1 | 0 | - | |
9904 |
-4,618 | -2,052 | -14,247 | 74,662 | 12,949 | 16,356 | -2,071 | -4,854 | -5,728 | -8,201 | -11,956 | 26,376 | 9,115 | -15,675 | -16,272 | -18,620 | -18,406 | |
9905 |
-4,618 | -2,052 | -14,247 | 74,662 | 12,949 | 16,356 | -2,071 | -4,854 | -5,728 | -8,201 | -11,956 | 26,376 | 9,115 | -15,675 | -16,272 | -18,620 | -18,406 | |
| Appropriation of the result | ||||||||||||||||||
9906 |
16,759 | 21,377 | 23,428 | 37,675 | -36,987 | -49,936 | -66,292 | -64,221 | -59,367 | -53,639 | -45,437 | -33,482 | -59,858 | -68,973 | -53,298 | -37,027 | -18,406 | |
14P |
21,377 | 23,428 | 37,675 | -36,987 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
694/7 |
16,759 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
694 |
16,759 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Document | ||||||||||||||||||
The notes to these accounts have 2 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 2025 (PDF), filed on 02-02-2026.
2025 annual accounts filed 2 days after the deadline. Filed on 2 February 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00034910.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 02-02-2026 | 2026-00034910 | |
| 30-06-2024 | micro format | 03-02-2025 | 2025-00026874 | |
| 30-06-2023 | micro format | 19-02-2024 | 2024-00033788 | |
| 30-06-2022 | micro format | 31-01-2023 | 2023-00017533 | |
| 30-06-2021 | micro format | 28-01-2022 | 2022-04300034 | |
| 30-06-2020 | micro format | 09-02-2021 | 2021-05100282 | |
| 30-06-2019 | micro format | 29-11-2019 | 2019-75200246 | |
| 30-06-2018 | micro format | 30-11-2018 | 2018-73400061 | |
| 30-06-2017 | micro format | 29-11-2017 | 2017-70700568 | |
| 30-06-2016 | full format | 29-11-2016 | 2016-68800117 | |
| 30-06-2015 | full format | 11-01-2016 | 2016-01000589 | |
| 30-06-2014 | full format | 30-01-2015 | 2015-03400206 | |
| 30-06-2013 | full format | 28-01-2014 | 2014-01800240 | |
| 30-06-2012 | full format | 14-01-2013 | 2013-00900236 | |
| 30-06-2011 | full format | 13-02-2012 | 2012-03200242 | |
| 30-06-2010 | full format | 15-02-2011 | 2011-03500029 | |
| 30-06-2009 | full format | 13-02-2010 | 2010-04600297 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 650,000 | ||
| - | - | -4,739 | 9,529 | -124 | -1,398 | -914 | -883 | -1,534 | 1,576 | 589 | 266 | - | - | -408 | 1,401 | - | ||
| -647,000 | - | -471,572 | -457,325 | -531,987 | -544,936 | -561,292 | -559,221 | -537,989 | -494,569 | -450,852 | -405,431 | -400,273 | - | -286,001 | -193,347 | -98,432 | ||
| 0.5% | 27.1% | 27.0% | 29.0% | 18.1% | 16.2% | 13.6% | 13.9% | 14.6% | 15.5% | 16.8% | 18.6% | 14.6% | 13.2% | 15.6% | 18.1% | 21.0% | ||
| 0.00 | - | 0.02 | 0.03 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | - | 0.00 | 0.02 | 0.02 | ||
| - | 2.69 | 2.70 | 2.45 | 4.51 | 5.19 | 6.35 | 6.19 | 5.84 | 5.46 | 4.97 | 4.37 | 5.86 | 6.56 | 5.40 | 4.54 | 3.77 | ||
| -153.9% | -1.2% | -8.0% | 38.8% | 11.0% | 15.6% | -2.3% | -5.3% | -6.0% | -8.1% | -10.9% | 21.7% | 9.6% | -18.2% | -16.0% | -15.8% | -13.5% | ||
| -0.7% | -0.3% | -2.2% | 11.2% | 2.0% | 2.5% | -0.3% | -0.7% | -0.9% | -1.3% | -1.8% | 4.0% | 1.4% | -2.4% | -2.5% | -2.8% | -2.8% |
A ratio outside any meaningful range has been withheld (balance sheet total €651,204, equity €3,000).
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.
The operating result for 2025 is a loss of €4,516, larger than the loss of €1,931 in 2024. It is the lowest result since 2013.
Debt's share of the balance-sheet total rises from 72.9% to 99.5%. Equity is lower and debt is higher.
Source: list of holdings in its own 30-06-2025 accounts. Every holding stands with its own latest accounts.
The network starts from the directors of CODEMI. Every other company they run is a node.
Deadline for the 2026 accounts: 31-01-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| CODEMI SPRL registered office Emile Bossaertlaan 2, 1081 Koekelberg 64210 Activities of holding companies | 17-10-2008 | 2.173.991.120 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21011A0042/00G006 | 305 m² | 1 · 305 m² | 18.8 m · 5 |
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