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CODEVABOIS

Active
Private limited company (pre-2019)founded 200719 yrs activeRue Adelin-Remy 4, 5150 Floreffe, BelgiumKBO/BCE: BE 0891.352.202
Summary

CODEVABOIS has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €40,397 and a net result of €545. Equity is growing by ~3.4% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.1% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability39▲+1
Solvency56=
Growth41▲+1
Track record100
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity short (current ratio 0.09 against 0.07 in 2024; short-term debt: 69% and cash: 3.1% of total assets), and 69% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 19 years 0 20 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 05-01-2026, 26 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
26 d early
2024
52 d early
2023
7 d early
2022
50 d early
2021
49 d early
2020
47 d early
2019
34 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 38 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 13 December (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close28-09-2026 today31-01-2027 deadline
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 9 August 2007, CODEVABOIS was incorporated.1 Revenue went from EUR 24,000 in 2019 to EUR 18,000 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, micro schema

Turnover
€18,000=
2024 · €18,000
EBIT margin
5.5%▲ 3.8pp
2024 · 1.7%
Net result
€545▲ 337%
2024 · €125
Working capital
-€82,119▲ 0.7%
2024 · -€82,664
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
Line20212022202320242025
Turnover€22,900▲ 12.3%€20,400▼ 10.9%€18,800▼ 7.8%€18,000▼ 4.3%€18,000=
Operating result€5,307▲ 201%€2,329▼ 56.1%€1,542▼ 33.8%€304▼ 80.3%€995▲ 227%
Net result€3,781▲ 999%€998▼ 73.6%€1,082▲ 8.5%€125▼ 88.5%€545▲ 337%
EBIT margin23.2%▲ 14.5pp11.4%▼ 11.8pp8.2%▼ 3.2pp1.7%▼ 6.5pp5.5%▲ 3.8pp
Equity€37,647▲ 11.2%€38,645▲ 2.6%€39,727▲ 2.8%€39,852▲ 0.3%€40,397▲ 1.4%
Total assets€130,040▲ 3.3%€130,421▲ 0.3%€129,715▼ 0.5%€128,704▼ 0.8%€130,237▲ 1.2%
Debt€92,393▲ 0.4%€91,776▼ 0.7%€89,988▼ 1.9%€88,852▼ 1.3%€89,840▲ 1.1%
Working capital-€82,284▼ 16.2%-€83,871▼ 1.9%-€82,789▲ 1.3%-€82,664▲ 0.2%-€82,119▲ 0.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€2,000€4,000€6,000Operating result 2021: €5,307€5,307Net result 2021: €3,781€3,781Operating result 2022: €2,329€2,329Net result 2022: €998€998Operating result 2023: €1,542€1,542Net result 2023: €1,082€1,082Operating result 2024: €304€304Net result 2024: €125€125Operating result 2025: €995€995Net result 2025: €545€54520212022202320242025€0€500€1,000€1,500Operating result 2023: €1,542€1,540Net result 2023: €1,082€1,080Operating result 2024: €304€304Net result 2024: €125€125Operating result 2025: €995€995Net result 2025: €545€545202320242025
The operating result recovers in 2025; 2025 is 227% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €130,237
Fixed assets €122,516 =
Current assets €7,721 ▲ 24.8%
Equity and liabilities €130,237
Equity €40,397 ▲ 1.4%
Debt €89,840 ▲ 1.1%
Debt's share of the balance-sheet total falls from 69.0% to 69.0%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
Current ratio
0.09▲
2024 · 0.07
Debt to equity
2.22▼
2024 · 2.23
ROE
1.4%▲
2024 · 0.3%
ROA
0.4%▲
2024 · 0.1%
Debt ≤ 1 year
€89,840▲
2024 · €88,852
Income taxes
€152▲
2024 · €34
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 10,905 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.6% went bankrupt
4.0% stopped otherwise
95% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 1.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 10,905 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 37 lines
Balance sheet Code20242025
Assets
Total assets20/58€128,704€130,237▲
Fixed assets21/28€122,516€122,516=
Tangible fixed assets22/27€122,516€122,516=
Land and buildings22€122,516€122,516=
Current assets29/58€6,188€7,721▲
Amounts receivable within one year40/41€1,324€1,982▲
Trade receivables40€1,324€1,982▲
Cash at bank and in hand54/58€3,167€3,994▲
Deferred charges and accrued income490/1€1,697€1,744▲
Equity and liabilities
Total equity and liabilities10/49€128,704€130,237▲
Equity10/15€39,852€40,397▲
Contributions10/11€18,600€18,600=
Reserves13€14,360€14,360=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Distributable reserves133€12,500€12,500=
Profit (loss) carried forward14€6,892€7,437▲
Amounts payable17/49€88,852€89,840▲
Amounts payable within one year42/48€88,852€89,840▲
Trade debts44€4,447€3,460▼
Suppliers440/4€4,447€3,460▼
Taxes, remuneration and social security45€34€152▲
Taxes450/3€34€152▲
Other amounts payable47/48€84,371€86,227▲
Income statement Code20242025
Turnover70€18,000€18,000=
Goods, raw materials, services and sundry goods60/61€14,364€13,592▼
Other operating charges640/8€3,332€3,413▲
Gross operating margin9900€3,636€4,408▲
Operating profit (loss)9901€304€995▲
Financial charges65/66B€145€298▲
Recurring financial charges65€145€298▲
Profit (loss) for the period before taxes9903€159€697▲
Income taxes67/77€34€152▲
Profit (loss) for the period9904€125€545▲
Profit (loss) for the period to be appropriated9905€125€545▲
Appropriation of the result
Profit (loss) to be appropriated9906€6,892€7,437▲
Profit (loss) brought forward from the previous period14P€6,767€6,892▲

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Turnover70€22,900€20,400€18,800€18,000€18,000=
Goods, raw materials, services and sundry goods60/61-€14,071€14,128€14,364€13,592▼ 5.4%
Other operating charges640/8-€4,000€3,130€3,332€3,413▲ 2.4%
Gross operating margin9900€8,557€6,329€4,672€3,636€4,408▲ 21.2%
Operating profit (loss)9901€5,307€2,329€1,542€304€995▲ 227%
Financial charges65/66B-€778€166€145€298▲ 105%
Recurring financial charges65€866€778€166€145€298▲ 105%
Profit (loss) for the period before taxes9903€4,442€1,551€1,376€159€697▲ 339%
Income taxes67/77€661€554€294€34€152▲ 349%
Profit (loss) for the period9904€3,781€998€1,082€125€545▲ 337%
Profit (loss) for the period to be appropriated9905€3,781€998€1,082€125€545▲ 337%
Line20212022202320242025Change
Assets
Total assets20/58€130,040€130,421€129,715€128,704€130,237▲ 1.2%
Fixed assets21/28€122,516€122,516€122,516€122,516€122,516=
Tangible fixed assets22/27€122,516€122,516€122,516€122,516€122,516=
Land and buildings22-€122,516€122,516€122,516€122,516=
Current assets29/58€7,524€7,905€7,199€6,188€7,721▲ 24.8%
Amounts receivable within one year40/41€1,998€1,982€1,982€1,324€1,982▲ 49.7%
Trade receivables40-€1,982€1,982€1,324€1,982▲ 49.7%
Cash at bank and in hand54/58€4,048€4,420€3,562€3,167€3,994▲ 26.1%
Deferred charges and accrued income490/1-€1,503€1,654€1,697€1,744▲ 2.8%
Equity and liabilities
Total equity and liabilities10/49€130,040€130,421€129,715€128,704€130,237▲ 1.2%
Equity10/15€37,647€38,645€39,727€39,852€40,397▲ 1.4%
Contributions10/11-€18,600€18,600€18,600€18,600=
Reserves13€14,360€14,360€14,360€14,360€14,360=
Non-distributable reserves130/1-€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311-€1,860€1,860€1,860€1,860=
Distributable reserves133-€12,500€12,500€12,500€12,500=
Profit (loss) carried forward14€4,687€5,685€6,767€6,892€7,437▲ 7.9%
Amounts payable17/49€92,393€91,776€89,988€88,852€89,840▲ 1.1%
Amounts payable after more than one year17€2,584-----
Amounts payable within one year42/48€89,809€91,776€89,988€88,852€89,840▲ 1.1%
Current portion of amounts payable after more than one year42-€2,584----
Trade debts44€4,592€6,132€4,723€4,447€3,460▼ 22.2%
Suppliers440/4-€6,132€4,723€4,447€3,460▼ 22.2%
Taxes, remuneration and social security45-€554€294€34€152▲ 349%
Taxes450/3-€554€294€34€152▲ 349%
Other amounts payable47/48-€82,506€84,971€84,371€86,227▲ 2.2%
Line20212022202320242025Change
Profit (loss) for the period9904€3,781€998€1,082€125€545▲ 337%
Operating cash flow (approximation)€3,781€998€1,082€125€545▲ 337%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash-€372-€858-€395€827▲ 309%

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
05-01
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2024
10-12
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial Weakest financial yearnet €125 ▼88.5%
Net result drops to €125, the lowest in the series; recovery starts the following year.
24-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2022
12-12
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2021
13-12
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial Highest result since 2019net €3,781 ▲999%
Operating result €5,307, net result €3,781, both a record.
2020
15-12
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2019
28-12
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2018
21-12
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
02-01
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2016
19-12
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial 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.

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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, Floreffe · 1 establishment unit since 2007
seat establishment The establishment unit on the map
Ground area
9,403 m²
Building footprint
345 m²
Volume, LiDAR
2,307 m³
2 parcels, Wallonia · tallest building 10.5 m, ±3 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
CODEVABOIS
Rue du Centre(LV) 7, 5170 ProfondevilleNACE 0201201
since 20072.164.855.797
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
92045A0793/00B006 Wallonia 7,798 m² 1 · 220 m² 7.1 m · 2 fl.
92071D0435/00D003 Wallonia 1,604 m² 1 · 125 m² 10.4 m · 3 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.

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded09-08-2007
Fiscal year end30-06
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 28 September 2026 · Peppol Directory

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