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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
CODESARE
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Overview

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

Credit check for an amount and term of your choice

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.

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

€8,726
€6,045
€9,477▲ 176%
€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.

Financials

Annual accounts 2026

micro format, filed on 29-09-2026, 32 days before the deadline
€8,726
▲ €31,962
€6,352
▲ €31,062
€6,045
▲ €31,068
€8,092
▲ €8,184
50.7%
▲ 36.2 percentage points
1.99
▲ 0.99

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €44,000. Estimated: probably between €21,000 and €81,000.

Balance sheet

balance sheet total €18,676 on 31-03-2026
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

50.7%

Higher than 26% of 1,191 companies in 2025.

1.99

Higher than 33% of 1,139 companies in 2025.

32.4%

Lower than 95% of 1,159 companies in 2025.

CODESARE Middle half of the sector 80% of the sector Micro accounts in warehousing and transport support (NACE 52)

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202620252024202320222021
Balance sheet: assets
20/58 18,67623,67239,97760,5067,74558,512
21/28 2,3753,5244,00805951,189
22/27 2,3753,5243,80805951,189
23 385624----
24 1,9902,8993,80805951,189
28 -0200---
29/58 16,30120,14835,96960,5067,15057,323
40/41 9,9236,7331,1242,1924,25839,462
40 8,3575,458-04,25837,501
41 1,5661,2761,1242,19201,960
54/58 2,6158,87732,53756,7871,50616,458
490/1 3,7644,5382,3081,5271,3861,403
Balance sheet: equity and liabilities
10/49 18,67623,67239,97760,5067,74558,512
10/15 9,4773,43228,45543,283-1,80315,890
10/11 2,0002,0002,0002,0002,0002,000
14 7,4771,43226,45541,283-3,80313,890
17/49 9,19920,24011,52217,2239,54742,622
42/48 8,20920,24011,52217,2239,54742,622
44 8,0014,9663,8311,1713,04138,607
440/4 8,0014,9663,8311,1713,04138,607
45 01,6503,30011,4213,9583,885
450/3 01,6503,30011,4213,9583,885
47/48 20813,6244,3914,6302,548130
492/3 990-----
Income statement
9900 8,726-23,237-12,09055,127-16,50618,613
630 1,1491,004737595595595
640/8 1,2244691,5391,054465579
9901 6,352-24,709-14,36653,479-17,56517,439
75/76B 0-----
75 0-----
65/66B 30831446227212764
65 30831446227212764
9903 6,045-25,023-14,82853,207-17,69217,375
67/77 --08,12103,485
9904 6,045-25,023-14,82845,086-17,69213,890
9905 6,045-25,023-14,82845,086-17,69213,890
Appropriation of the result
9906 7,4771,43226,45541,283-3,80313,890
14P 1,43226,45541,283-3,80313,890-
Document PDFPDFPDFPDFPDFPDF

The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2026 at the NBB, filed on 29-09-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-03-2026 micro format 29-09-2026 2026-00528976 PDF
31-03-2025 micro format 10-10-2025 2025-00538394 PDF
31-03-2024 micro format 02-10-2024 2024-00487957 PDF
31-03-2023 micro format 28-09-2023 2023-00456786 PDF
31-03-2022 micro format 20-10-2022 2022-20467785 PDF
31-03-2021 micro format 02-12-2021 2021-79000364 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202620252024202320222021
7,501-23,705-13,62954,073-16,97118,033
7,193-24,020-14,09145,680-17,09814,484
07194,745001,784
-6,262-23,659-24,25155,281-14,952-
8,092-9224,44743,283-2,39714,700
50.7%14.5%71.2%71.5%-23.3%27.2%
1.991.003.123.510.751.34
0.975.900.400.40-2.68
63.8%-729.1%-52.1%104.2%-87.4%
32.4%-105.7%-37.1%74.5%-228.4%23.7%
24.33-75.45-29.51over 100-133.64-

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.

Overdue debts

tax and social security
Item31-03-202631-03-202531-03-202431-03-202331-03-2022
Overdue tax debts--€1,650--

Source: notes to the 2022 to 2026 annual accounts (statement of debts)

Investments

fixed assets acquired
Item31-03-202631-03-202531-03-202431-03-202331-03-2022
Tangible fixed assets-€719€4,545--
Financial fixed assets--€200--
€1,149€1,004€737€595€595

Source: notes to the 2022 to 2026 annual accounts (statement of fixed assets)

Insights on CODESARE

The operating result for 2026 is a profit of €6,352, after a loss of €24,709 in 2025. It is the highest result since 2023.

Debt's share of the balance-sheet total falls from 85.5% to 49.3%. Equity is higher and debt is lower.

Board & ownership

Board

1 director, since incorporation
Director (not named in the articles)
appointed by deed of 25-02-2020 term without a fixed end
listed in the 2026 annual accounts, filed on 29-09-2026

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today

Director (not named in the articles)
Board
Mandates as a list
    • Director (not named in the articles), from 21-02-2020 to date

See the board, name and registered office on a given date →

Control

Founder
This company
CODESARE
Equity €9,477
Profit €6,045 in 2026

Capital

Contribution
€2,000
Shares
200
Contribution per share
€10
Equity per share
€47.38 in 2026
Source
deed of 25-02-2020

Articles of association

deed of 25-02-2020 (in French)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
“TITRE V. ASSEMBLEE GENERALE Article 15. Tenue et convocation Il est tenu chaque année, au siège, une assemblée générale ordinaire le…”

Shareholders

At incorporation deed of 25-02-2020 ↗
  • 200 shares (100%) · €2,000 in cash

Network & group

No group

CODESARE has no parent and no holdings in its annual accounts. is the only director. CODESARE shares no director with another company.

Timeline

Timeline

13 events since 2020

Deadline for the 2027 accounts: 31-10-2027

2026
Annual accounts 2026 filed NBBmicro format · 32 days before the deadline
Back to profit net €6,045 The net result is €6,045, after 2 loss-making years.
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0743958722
Annual accounts 2025 filed PDFmicro format · 21 days before the deadline
Weakest financial year net -€25,023 The net result drops to -€25,023, the lowest from 2021 to 2026. It recovers the following year.
2024
Annual accounts 2024 filed PDFmicro format · 29 days before the deadline
2023
Annual accounts 2023 filed PDFmicro format · 33 days before the deadline
Back to profit net €45,086 The net result is €45,086, after one loss-making year.
Liquidity more than quadruples current ratio 3.51 The current ratio rises from 0.75 to 3.51.
2022
Annual accounts 2022 filed PDFmicro format · 11 days before the deadline
2021
Annual accounts 2021 filed PDFmicro format · 32 days late
2020
IncorporationAppointment: (director) · Founder: · Founding capital of €2,000, 200 shares · published on 25-02-20205 points ▸
  • Founder,
  • Founding capital, €2,000, 200 shares
  • Registered office clause, RueHerbertHoover 13, 6211 (Mellet) LesBonsVillers
  • Board rule, 1
  • Director appointment, (director (not named in the articles))
  • The deed holds 6 more points.

Open the deed in the Belgian Official Gazette

First establishment -, Rue Herbert Hoover 13, Les Bons Villers

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

CODESARE was incorporated on 21 February 2020 as a private limited company by one natural person, with a starting capital of €2,000.12 is director of the company, appointed by deed of 25-02-2020.2 Total assets fell from €58,512 in 2021 to €18,676 in 2026.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 25-02-2020
  3. 3National Bank, annual accounts 2021 and 2026

Company details

Identity

Enterprise number
0743.958.722
VAT number
BE 0743.958.722
Peppol ID
0208:0743958722
Other Peppol ID
9925:BE0743958722
Legal form
Private limited company
Status
Active, normal situation
Founded
21-02-2020
Financial year
ends on 31 March
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
“TITRE V. ASSEMBLEE GENERALE Article 15. Tenue et convocation Il est tenu chaque année, au siège, une assemblée générale ordinaire le…”
deed of 25-02-2020 (in French)
Peppol
Reachable since 16-10-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
CODESARE in French
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 25-02-2020 (in French)

Activities

NACEBEL 2025
52210 Service activities incidental to land transportation main activity
52250 Logistics services
63920 Other information service activities
70200 Business and other management consultancy
73300 Public relations and communication consultancy
Codes under NACEBEL 2008
52210 Service activities incidental to land transportation main activity
52290 Warehousing and support activities for transportation
63990 Computing infrastructure, data processing, hosting and other information service activities
70210 Activities of head offices; management consultancy activities
70220 Business consulting
PurposeThe purpose describes the activities the company may carry out under its articles.
“Chasseetservicesannexes; Sylvicultureetexploitationforestière; Servicesdesoutienauxindustriesextractives…”
87 activities
  1. Chasseetservicesannexes
  2. Sylvicultureetexploitationforestière
  3. Servicesdesoutienauxindustriesextractives
  4. Fabricationdetextiles,industriedel’habillement,industrieducuir etdelachaussure
  5. Travailduboisetfabricationd’articlesenboisetenliège,àl’exceptiondesmeubles
  6. Fabricationdematérielsdetransport,fabricationdemeubles
  7. Autresindustriesmanufacturières
  8. Réparationetinstallationdemachinesetd’équipements
  9. Transportsterrestresettransportparconduites
  10. Entreposageetservicesauxiliairesdestransports
  11. Hébergement,restauration
  12. Serviced’information
  13. Activitésdeservicesfinanciers,horsassuranceetcaissesderetraite
  14. Activitésimmobilières
  15. Activitésdesiègessociaux,conseildegestion,publicitéetétudesdemarché
  16. Activitésdelocationetlocation-bail
  17. Enquêtesetsécurité
  18. Servicesrelatifsauxbâtiments,aménagementpaysager
  19. Servicesadministratifsdebureauetautresactivitésdesoutienauxentreprises
  20. Activitéscréatives,artistiquesetdespectacle
  21. Autresservicespersonnels
  22. Activitésdesoutienàl’agricultureettraitementprimairesdesrécoltes
  23. Chasse,piégeageetservicesannexes
  24. Sylvicultureetautresactivitésforestières
  25. Exploitationforestière,servicesdesoutienàl’exploitationforestière
  26. Fabricationdetextiles,apprêtettannafedescuirs
  27. Fabricationd’articlesdevoyage,demaroquinerieetdesellerie
  28. Sciageetrabotagedubois
  29. Fabricationdematérielsdetransport
  30. Fabricationdemeubles
  31. Fabricationd’articlesdesport
  32. Fabricationdejeuxetdejouets
  33. Installationdemachinesetd’équipementsindustriels
  34. Promotionimmobilière
  35. Démolitionetpréparationdessites,travauxdefinition,autrestravauxdeconstructionsspécialisés
  36. Commercedevéhiculesautomobiles,intermédiaireducommercedegros
  37. Commercedegrosd’autresbiensdomestiques
  38. Commercedegrosd’autreséquipementsindustriels
  39. Autrescommercesdegrosspécialisés
  40. Autrestransportsterrestresdevoyageurs
  41. Transportsroutiersdefretetservicesdedéménagement
  42. Transportsparconduites
  43. Entreposageetstockage
  44. Autresactivitésdeposteetdecourrier
  45. Autreshébergements
  46. Restaurantsetservicesderestaurationmobile
  47. Débitsdeboissons
  48. Conseildegestion
  49. Activitésdecontrôleetanalysestechniques
  50. Locationetlocationbaildevéhiculesautomobiles
  51. Locationetlocationbaild’autresmachines,équipementsetbiens
  52. Activitéscombinéesdesoutienliéauxbâtiments
  53. Activitésdenettoyage
  54. Servicesd’aménagementpaysager
  55. Servicesadministratifsetdesoutiendebureau
  56. Organisationdesalonsprofessionnelsetdecongrès
  57. Activitéscréatives,artistiquesetdespectacle
  58. Activitésliéesausport
  59. Activitésrécréativesetdeloisirs
  60. Activitésdesorganisationséconomiques,patronalesetprofessionnelles
  61. Réparationdebienspersonnelsetdomestiques
  62. Autresservicespersonnels
  63. Élevagedechevauxetd’autreséquidés
  64. Cultureetélevageassociés
  65. Activitésdesoutienauxcultures
  66. Démantèlementd’épaves
  67. Tridematériauxrécupérables
  68. Récupérationdedéchetsmétalliques
  69. Travauxdedémolition
  70. Autrestravauxdefinition
  71. Commercedegrosnonspécialisé
  72. Autrescommercesdedétailhorsmagasin,éventairesoumarchés
  73. Autrestransportsterrestresdevoyageursn.c.a.
  74. Transportsroutiersdefret,saufservicesdedéménagement
  75. Autresservicesauxiliairesdestransports
  76. Locationetexploitationdebiensimmobiliersnonrésidentielspropresouloués,saufterrains
  77. Locationetexploitationdeterrains
  78. Conseilenrelationspubliquesetencommunication
  79. Conseilpourlesaffairesetautresconseilsdegestion
  80. Locationetlocationbaildemachinesetd’équipementspourlaconstruction
  81. Locationetlocationbaildeconteneursàusaged’habitation,debureauetsimilaires
  82. Autresactivitésdenettoyage
  83. Servicesadministratifscombinésdebureau
  84. Activitésdeconditionnement
  85. Autresactivitésdesoutienauxentreprisesn.c.a.
  86. Autresactivitésrécréativesetdeloisirsn.c.a.
  87. Hébergementd’animauxdecompagnie
deed of 25-02-2020 (in French)

Registered office and establishments

1 establishment
Establishment Since Unit number
- registered office Rue Herbert Hoover 13, 6211 Les Bons Villers 21-02-2020 2.300.064.592

Buildings and parcels at the address

Ground area
460 m²
Buildings
208 m²
Volume, LiDAR
1,215 m³
Tallest building
7.8 m
Buildings to scale, each on its own parcel
208 m², 7.8 m 208 m², 7.8 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
52046B0794/00P000460 m² 1 · 208 m² 7.8 m · 2

Contact

E-mail codesare.srl@hotmail.com
Phone +32000000000
Phone +32 472 87 84 01 establishment in Les Bons Villers

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