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CODESARE

Active Private limited companyfounded 2020active for 6 yearsRue Herbert Hoover 13, 6211 Les Bons VillersKBO/BCE: BE 0743.958.722

Lifetime

6 annual accounts with figures on one time axis
peak €55,127 (2023)
€8,726▲ €31,962
lowest -€25,023 (2025)
€6,045▲ €31,068
peak €43,283 (2023)
€9,477▲ 176%
€9,199▼ 54.5%
Board1 name since 2020
1 director
Documentsfilings and deeds
29-09-202632 days before the deadline
2026micro format
Gross margin from -€23,237 to €8,726Back to profit: €6,045Equity from €3,432 to €9,477Debts from €20,240 to €9,199Cash from €8,877 to €2,615

Key points

from the 2026 annual accounts

Turnover

≈ €44,000 estimated

The micro format states no turnover.

Liquidity

1.99 was 1.00 in 2025

Short-term debts fell from €20,240 to €8,209.

Position in the sector

€9,477

Less equity than 90% of companies in warehousing and transport support. Sector median €64,560 · 41 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 26,972 companies had the same profile as CODESARE has now. Each dot stands for 68 companies, two years later.

94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 26,972 companies, not a prediction for CODESARE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Signals

Board and ownership

Director
  • 200 sharesdeed of 25-02-2020
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0743958722
Incorporation Appointment: (director) · Founder: · Founding capital of €2,000, 200 shares · published on 25-02-2020 · Gazette deed
First establishment -, Rue Herbert Hoover 13, Les Bons Villers
All 13 events

Comparable companies

same main activity, similar in size and age
Company
CODESARE Les Bons Villers €18,676 €8,726 50.7% -
TITRE D'ELEGANCE Kraainem €22,682 €12,266 66.2% -
RVPU Sint-Niklaas €33,084 €6,317 21.8% -
BELGIUM TRANSPORT EXPRESS Denderleeuw €19,176 €5,231 71.1% -
YMA TECH Sint-Pieters-Leeuw €24,970 €13,163 86.6% -
FELIX SWINNE Mons €15,277 €3,572 96.5% -
SARA EXPRESS Schaerbeek €20,401 €4,605 2.0% -

These companies have the same main activity as CODESARE: service activities incidental to land transportation (NACE 52210). They are comparable in size and age: total assets between €15,300 and €33,100, founded between 2017 and 2022.

Official details

Source: KBO
Status
Active since 21-02-2020Normal situation
Activity
Service activities incidental to land transportationNACE 52210and 4 others
Establishment unit
2.300.064.5926211 Les Bons Villers, since 21-02-2020
Financial year end
31 March
Peppol
Reachable since 16-10-2025
Company details

Annual accounts to 31-03-2026

€18,676▼ 21.1%
Filing
Filed on 29-09-2026, 32 days before the end of the filing period
Financials

Insights on CODESARE

CODESARE files the micro format. That format states no turnover. The gross margin fell from €18,613 in 2021 to €8,726 in 2026.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about CODESARE

What is the company number of CODESARE?
The company number of CODESARE is 0743.958.722. The VAT number is the same number with BE in front: BE 0743.958.722.
Where is CODESARE based?
The registered office is at Rue Herbert Hoover 13, 6211 Les Bons Villers.Company details
What does CODESARE do?
According to the KBO register, the main activity is service activities incidental to land transportation (NACE 52210).
What is the legal form of CODESARE?
CODESARE is a private limited company (BV).
When was CODESARE founded?
CODESARE was founded on 21-02-2020.
Is CODESARE still active?
Yes, CODESARE is an active enterprise in the KBO register.
What is the turnover of CODESARE?
The turnover in financial year 2026 is ≈ €44,000. This figure is estimated from the gross margin of €8,726 and 35 comparable companies (NACE 522). It probably lies between €21,000 and €81,000. It is a rough estimate.Financials
Is CODESARE profitable?
In financial year 2026, CODESARE made a profit of €6,045.
Where can I find the annual accounts of CODESARE?
CODESARE filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of CODESARE due?
CODESARE must file the annual accounts for financial year 2027 by 31-10-2027.Timeline

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