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CODEMON

Open bankruptcy
Private limited companyfounded 2022Vilvoordsesteenweg 146A, 1120 Brussel, BelgiumKBO/BCE: BE 0786.776.304

A bankruptcy procedure is open for CODEMON according to publications in the Belgian State Gazette; curator: JEFFRY CAMBY.

Summary

The 2024 annual accounts show equity of €224,819 and a net result of €7,948.

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
French-language Enterprise Court of Brussels
Declared bankrupt
17 November 2025
Supervising judge
Adrien De Hemptinne
Official Gazette
21-11-2025 (pdf) ↗search the document for 2025/148090

Curator

  • Jeffry CambyAvenue Roger Vanden- Driessche 18, 1150 Woluwe-Saint-Pierrejc@bazacle-solon.eu

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors

Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 8103 sector peers (2024).
NBB · sector comparison
Position among 8103 sector peers
Solvency
better than 18%
← weakest strongest →
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
not confirmed
2024
31 d early
2023
30 d early
2022
86 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 8 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 2 June 2022, CODEMON was incorporated as a Private limited company.1 Total assets went from EUR 1.5 million in 2022 to EUR 1.3 million in 2024.2 The company was declared bankrupt on 17 November 2025.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022 and 2024
  3. 3Belgian State Gazette, 21-11-2025

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2024, abbreviated schema

Equity
€224,819▲ 3.7%
2023 · €216,872
Total assets
€1.3m▲ 0.2%
2023 · €1.3m
Net result
€7,948▲ 46.3%
2023 · €5,433
Working capital
-€154,098▼ 15.5%
2023 · -€133,475
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line202220232024
Operating result-€19,964-€22,096€13,680▼ 38.1%
Net result-€38,562-€5,433€7,948▲ 46.3%
Equity€211,438-€216,872▲ 2.6%€224,819▲ 3.7%
Total assets€1.5m-€1.3m▼ 9.2%€1.3m▲ 0.2%
Debt€1.3m-€1.1m▼ 11.2%€1.1m▼ 0.4%
Working capital€3,949--€133,475-€154,098▼ 15.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€40,000-€20,000€0€20,000Operating result 2022: -€19,964-€19,964Net result 2022: -€38,562-€38,562Operating result 2023: €22,096€22,096Net result 2023: €5,433€5,433Operating result 2024: €13,680€13,680Net result 2024: €7,948€7,948202220232024-€40,000-€20,000€0€20,000Operating result 2022: -€19,964-€20,000Net result 2022: -€38,562-€38,600Operating result 2023: €22,096€22,100Net result 2023: €5,433€5,430Operating result 2024: €13,680€13,700Net result 2024: €7,948€7,950202220232024
The operating result falls in 2024; 2024 is 38% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.3m
Fixed assets €1.3m =
Current assets €21,431 ▲ 15.9%
Equity and liabilities €1.3m
Equity €224,819 ▲ 3.7%
Debt €1.1m ▼ 0.4%
Debt's share of the balance-sheet total falls from 83.7% to 83.2%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
Current ratio
0.12▲
2023 · 0.12
Debt to equity
4.94▼
2023 · 5.15
ROE
3.5%▲
2023 · 2.5%
ROA
0.6%▲
2023 · 0.4%
Debt ≤ 1 year
€175,529▲
2023 · €151,970
Debt > 1 year
€935,714▼
2023 · €964,286
Income taxes
€411▼
2023 · €521
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 36 lines
Balance sheet Code20232024
Assets
Total assets20/58€1.3m€1.3m▲
Fixed assets21/28€1.3m€1.3m=
Financial fixed assets28€1.3m€1.3m=
Current assets29/58€18,495€21,431▲
Amounts receivable within one year40/41-€15,862
Trade receivables40-€14,535
Other amounts receivable41-€1,327
Cash at bank and in hand54/58€17,176€3,269▼
Deferred charges and accrued income490/1€1,320€2,300▲
Equity and liabilities
Total equity and liabilities10/49€1.3m€1.3m▲
Equity10/15€216,872€224,819▲
Contributions10/11€250,000€250,000=
Profit (loss) carried forward14-€33,129-€25,181▲
Amounts payable17/49€1.1m€1.1m▼
Amounts payable after more than one year17€964,286€935,714▼
Financial debts170/4€964,286€935,714▼
Amounts payable within one year42/48€151,970€175,529▲
Current portion of amounts payable after more than one year42€142,857€171,429▲
Trade debts44€1,614€1,699▲
Suppliers440/4€1,614€1,699▲
Advances received on contracts in progress46€5,143-
Taxes, remuneration and social security45€874€834▼
Taxes450/3€874€834▼
Other amounts payable47/48€1,483€1,568▲
Income statement Code20232024
Gross operating margin9900€22,096€13,680▼
Operating profit (loss)9901€22,096€13,680▼
Financial income75/76B€10,133€20,000▲
Recurring financial income75€10,133€20,000▲
Financial charges65/66B€26,274€25,322▼
Recurring financial charges65€26,274€25,322▼
Profit (loss) for the period before taxes9903€5,955€8,359▲
Income taxes67/77€521€411▼
Profit (loss) for the period9904€5,433€7,948▲
Profit (loss) for the period to be appropriated9905€5,433€7,948▲
Appropriation of the result
Profit (loss) to be appropriated9906-€33,129-€25,181▲
Profit (loss) brought forward from the previous period14P-€38,562-€33,128▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202220232024Change
Other operating charges640/8€643---
Gross operating margin9900-€19,321€22,096€13,680▼ 38.1%
Operating profit (loss)9901-€19,964€22,096€13,680▼ 38.1%
Financial income75/76B-€10,133€20,000▲ 97.4%
Recurring financial income75-€10,133€20,000▲ 97.4%
Financial charges65/66B€18,598€26,274€25,322▼ 3.6%
Recurring financial charges65€18,598€26,274€25,322▼ 3.6%
Profit (loss) for the period before taxes9903-€38,562€5,955€8,359▲ 40.4%
Income taxes67/77-€521€411▼ 21.3%
Profit (loss) for the period9904-€38,562€5,433€7,948▲ 46.3%
Profit (loss) for the period to be appropriated9905-€38,562€5,433€7,948▲ 46.3%
Line202220232024Change
Assets
Total assets20/58€1.5m€1.3m€1.3m▲ 0.2%
Fixed assets21/28€1.3m€1.3m€1.3m=
Financial fixed assets28€1.3m€1.3m€1.3m=
Current assets29/58€153,666€18,495€21,431▲ 15.9%
Amounts receivable within one year40/41€8,148-€15,862-
Trade receivables40€5,265-€14,535-
Other amounts receivable41€2,883-€1,327-
Cash at bank and in hand54/58€144,183€17,176€3,269▼ 81.0%
Deferred charges and accrued income490/1€1,336€1,320€2,300▲ 74.3%
Equity and liabilities
Total equity and liabilities10/49€1.5m€1.3m€1.3m▲ 0.2%
Equity10/15€211,438€216,872€224,819▲ 3.7%
Contributions10/11€250,000€250,000€250,000=
Profit (loss) carried forward14-€38,562-€33,129-€25,181▲ 24.0%
Amounts payable17/49€1.3m€1.1m€1.1m▼ 0.4%
Amounts payable after more than one year17€1.1m€964,286€935,714▼ 3.0%
Financial debts170/4€1.1m€964,286€935,714▼ 3.0%
Amounts payable within one year42/48€149,716€151,970€175,529▲ 15.5%
Current portion of amounts payable after more than one year42€142,857€142,857€171,429▲ 20.0%
Trade debts44€5,376€1,614€1,699▲ 5.3%
Suppliers440/4€5,376€1,614€1,699▲ 5.3%
Advances received on contracts in progress46-€5,143--
Taxes, remuneration and social security45-€874€834▼ 4.6%
Taxes450/3-€874€834▼ 4.6%
Other amounts payable47/48€1,483€1,483€1,568▲ 5.7%
Line202220232024Change
Profit (loss) for the period9904-€38,562€5,433€7,948▲ 46.3%
Operating cash flow (approximation)-€38,562€5,433€7,948▲ 46.3%
Investment in fixed assets (approximation)-€0€0-
Change in cash--€127,007-€13,907▲ 89.1%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2025
21-11
Bankruptcy Opening
Tribunal de l’entreprise francophone de Bruxelles · event 17-11-2025
30-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Highest result since 2022net €7,948 ▲46.3%
Net result €7,948, the highest in the series.
01-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Back to profitnet €5,433
Net result €5,433 after one loss-making year.
25-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 86 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
8,433 m²
Building footprint
311 m²
Volume, LiDAR
1,208 m³
2 parcels, Brussels, Flanders · tallest building 7.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
CODEMON
Struikenlaan 12, 1640 Sint-Genesius-RodeBusiness consulting
since 20222.332.588.989
2 parcels
Flanders 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
21819B0187/00Y002 Brussels 5,764 m² - -
22552F0004/00B003 Flanders 2,668 m² 1 · 311 m² 7.2 m · 1 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

1 mandate
Role Name Tenure
Curator JEFFRY CAMBY
AVENUE ROGER VANDEN- DRIESSCHE 18, 1150 WOLUWE-SAINT-PIERRE
17-11-2025 → present

Similar companies · same sector, comparable size

Of 82,632 companies in sector 70200 we hold annual accounts for 52,587. 39,359 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded02-06-2022
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Contact
E-mail christophecogels@hotmail.com

Scores and ratios are computed by Checked and are not a credit decision.