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CODEPAR

Inactive
KBO/BCE: BE 0894.576.758

Inactive; last annual accounts for financial year 2017.

CODEPARInactive

Overview

Activity
Activity not known
Size
€3.0mtotal assets 2017
Equity
€2.7m
Profit
€2.0m
Financial health
Inactive: no score
Structure
Parent
COFIPART
4 deeds in the Belgian Official Gazette
SignalsneutralA punctual record breaksShow the evidence

Signals

1 signal.
neutral
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2017 was due by 31-07-2018 and was filed on 17-08-2018, 17 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2017
17 days late
2016
24 days early
2015
24 days early
2014
22 days early
2013
31 days early
2012
29 days early
2011
26 days early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 20 days before the deadline; the Belgian median for financial year 2017 is 4 days before the deadline, and 41% of all filings were late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. General meeting · ShareholdingOther provision · Director in…
  2. Annual accounts filedfinancial year 2017 · full…
  3. Highest result from 2013 to 2017net €2.0m ▲6,278%

Financials · financial year 2017, full format

2017 annual accounts filed late (17 days) Filed on 17 August 2018, deadline 31 July 2018 (7 months after the close on 31 December 2017, Companies Code art. 3:10). Source: NBB, 2018-47800357.

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€2.0m▲ 64×
2016 · €32,048
Working capital
€2.3m▲ 11×
2016 · €206,683
Trend over the years

2013 to 2017, 5 financial years 2013 to 2017, 5 financial years

The operating result falls in 2017; 2017 is 44% below 2016 and is the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€0.03m 2017 Net result€2.0m 2017

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20132014201520162017
Operating result€0.06m-€0.06m▼ 10.8%€0.06m▼ 0.1%€0.06m▲ 3.9%€0.03m▼ 44.5%
Net result€0.04m-€0.03m▼ 29.0%€0.03m▲ 1.4%€0.03m▲ 3.5%€2.0m▲ 64×
Equity€0.5m-€0.5m▲ 5.9%€0.6m▲ 5.6%€0.6m▲ 5.5%€2.7m▲ 334%
Total assets€1.2m-€1.2m▼ 0.4%€1.2m=€1.2m▲ 2.5%€3.0m▲ 156%
Debt€0.6m-€0.6m▼ 5.4%€0.6m▼ 5.1%€0.6m▼ 0.5%€0.4m▼ 33.9%
Working capital€0.1m-€0.2m▲ 15.1%€0.2m▲ 25.6%€0.2m▲ 3.5%€2.3m▲ 11×
Balance-sheet composition
2017 in colour, 2016 as the grey bar beneath
Assets €3.0m
Fixed assets €686,746 ▼ 8.3%
Current assets €2.3m ▲ 435%
Equity and liabilities €3.0m
Equity €2.7m ▲ 334%
Debt €380,694 ▼ 33.9%
Debt's share of the balance-sheet total falls from 48.5% to 12.5%. Equity is higher and debt is lower.
Key figures and ratios
2017 value · change against 2016
Current ratio
41.80▲
2016 · 1.89
Debt to equity
0.12▼
2016 · 0.53
ROE
77.0%▲
2016 · 5.2%
ROA
67.3%▲
2016 · 2.7%
Debt ≤ 1 year
€56,202▼
2016 · €232,018
Debt > 1 year
€324,492=
2016 · €324,492
Income taxes
€37,431▲
2016 · €17,145
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 · 2017 against 2016 · 22 lines
Balance sheet Code20162017
Assets
Total assets20/58€1.2m€3.0m▲
Fixed assets21/28€0.7m€0.7m▼
Financial fixed assets28€0.7m€0.7m▼
Current assets29/58€0.4m€2.3m▲
Amounts receivable within one year40/41€0.4m€2.2m▲
Equity and liabilities
Total equity and liabilities10/49€1.2m€3.0m▲
Equity10/15€0.6m€2.7m▲
Contributions10/11€0.3m€0.3m=
Reserves13€0.03m€0.03m=
Profit (loss) carried forward14€0.3m€2.3m▲
Amounts payable17/49€0.6m€0.4m▼
Amounts payable after more than one year17€0.3m€0.3m=
Amounts payable within one year42/48€0.2m€0.06m▼
Trade debts44€0.003m€0.002m▼
Income statement Code20162017
Operating profit (loss)9901€0.06m€0.03m▼
Recurring financial income75-€1.6m
Recurring financial charges65€0.01m€0.01m▲
Debt charges650€0.01m€0.01m▲
Profit (loss) for the period before taxes9903€0.05m€2.1m▲
Income taxes67/77€0.02m€0.04m▲
Profit (loss) for the period9904€0.03m€2.0m▲
Profit (loss) for the period to be appropriated9905€0.03m€2.0m▲
Line20132014201520162017Change
Operating profit (loss)9901€0.06m€0.06m€0.06m€0.06m€0.03m▼ 44.5%
Recurring financial income75----€1.6m-
Recurring financial charges65€0.01m€0.01m€0.01m€0.01m€0.01m▲ 2.2%
Debt charges650€0.01m€0.01m€0.01m€0.01m€0.01m▲ 3.4%
Profit (loss) for the period before taxes9903€0.05m€0.05m€0.05m€0.05m€2.1m▲ 42×
Income taxes67/77€0.01m€0.02m€0.02m€0.02m€0.04m▲ 118%
Profit (loss) for the period9904€0.04m€0.03m€0.03m€0.03m€2.0m▲ 64×
Profit (loss) for the period to be appropriated9905€0.04m€0.03m€0.03m€0.03m€2.0m▲ 64×
Line20132014201520162017Change
Assets
Total assets20/58€1.2m€1.2m€1.2m€1.2m€3.0m▲ 156%
Fixed assets21/28€0.7m€0.7m€0.7m€0.7m€0.7m▼ 8.3%
Financial fixed assets28€0.7m€0.7m€0.7m€0.7m€0.7m▼ 8.3%
Current assets29/58€0.4m€0.4m€0.4m€0.4m€2.3m▲ 435%
Amounts receivable within one year40/41€0.4m€0.4m€0.4m€0.4m€2.2m▲ 398%
Equity and liabilities
Total equity and liabilities10/49€1.2m€1.2m€1.2m€1.2m€3.0m▲ 156%
Equity10/15€0.5m€0.5m€0.6m€0.6m€2.7m▲ 334%
Contributions10/11€0.3m€0.3m€0.3m€0.3m€0.3m=
Reserves13€0.03m€0.03m€0.03m€0.03m€0.03m=
Profit (loss) carried forward14€0.2m€0.2m€0.2m€0.3m€2.3m▲ 727%
Amounts payable17/49€0.6m€0.6m€0.6m€0.6m€0.4m▼ 33.9%
Amounts payable after more than one year17€0.3m€0.3m€0.3m€0.3m€0.3m=
Amounts payable within one year42/48€0.3m€0.3m€0.2m€0.2m€0.06m▼ 75.8%
Trade debts44€0.001m€0.003m€0.002m€0.003m€0.002m▼ 29.9%
Line20132014201520162017Change
Profit (loss) for the period9904€0.04m€0.03m€0.03m€0.03m€2.0m▲ 64×
Operating cash flow (approximation)€0.04m€0.03m€0.03m€0.03m€2.0m▲ 64×
Investment in fixed assets (approximation)-€0€0-€0.03m€0.06m-

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

Filings with the National Bank (10)
Financial year Type Filed Reference
31-12-2017 full format 17-08-2018 2018-47800357
31-12-2016 full format 07-07-2017 2017-30000044
31-12-2015 full format 07-07-2016 2016-29600293
31-12-2014 full format 09-07-2015 2015-29500244
31-12-2013 full format 30-06-2014 2014-24500035
31-12-2012 full format 02-07-2013 2013-25600537
31-12-2011 full format 05-07-2012 2012-27000218
31-12-2010 full format 07-07-2011 2011-27500478
31-12-2009 full format 08-07-2010 2010-28900594
31-12-2008 full format 09-07-2009 2009-39400097

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 0 of 4 Gazette acts processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

1 owner

Chain of control

  1. COFIPART consolidates
  2. CODEPAR

Highest known parent: COFIPART. The sources do not say who stands above it.

Owners 1

Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.

Group and network

Connections & network

Depth

The network starts from this company’s shareholders. What else they own or run appears here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Acquisitions and mergers

1 transaction
Taken over by:COFITRA
BE 0459.515.229Gazette deed of 15-07-2024 · effective 26-04-2018

History

CODEPAR has filed 10 sets of annual accounts, the latest for financial year 2017.1 In 2018 the company was absorbed by merger into COFITRA.2

  1. 1National Bank, annual accounts 2017
  2. 2Belgian Official Gazette, 15-07-2024

Acts, filings and financial milestones

2024
15-07
Gazette deed General meeting · Shareholding
Other provision · Director in office
2018
17-08
NBB filing Annual accounts filed
financial year 2017 · full format · 17 days late
2017
31-12
Financial Highest result from 2013 to 2017net €2.0m ▲6,278%
Net result €2.0m, the highest in the series.
31-12
Financial Liquidity more than 22 timescurrent ratio 41.80
Current ratio from 1.89 to 41.80; short-term debt falls from €232,018 to €56,202.
31-12
Financial Equity above €2mequity €2.7m ▲334%
A profit in every financial year since 2013 builds equity to €2.7m.
07-07
NBB filing Annual accounts filed
financial year 2016 · full format
2016
07-07
NBB filing Annual accounts filed
financial year 2015 · full format
2015
09-07
NBB filing Annual accounts filed
financial year 2014 · full format
2014
31-12
Financial Weakest financial yearnet €30,549 ▼29%
Net result drops to €30,549, the lowest in the series.
30-06
NBB filing Annual accounts filed
financial year 2013 · full format
2013
02-07
NBB filing Annual accounts filed
financial year 2012 · full format
2012
05-07
NBB filing Annual accounts filed
financial year 2011 · full format
Show earlier events
2011
07-07
NBB filing Annual accounts filed
financial year 2010 · full format
2010
08-07
NBB filing Annual accounts filed
financial year 2009 · full format
2009
09-07
NBB filing Annual accounts filed
financial year 2008 · full format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
0 of 4 deeds read
About the unread acts

We know of 4 Belgian Official 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.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.