Summary
CODEVCO X has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €61,500. Equity has been stable since 2023 (±0% per year). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 23-12-2021 Normal situation
- Registered office
- 76 active companies are registered at this address 13 started in the 12 months before. Source: KBO register, as of 4 November 2026.
- Activity
- No activity registered in the KBO
- Establishment unit
- 2.325.979.826 1500 Halle, since 23-12-2021
- Financial year end
- 31 March
- Peppol
- Reachable since 16-12-2025
Board and ownership
- Jef ColruytDirector · since 23-12-2021
- Kris CasteleinDirector · since 23-12-2021
- Jo WILLEMYNSDirector · since 01-04-2022
- Colruyt Group100%· score 93annual accounts 31-03-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.4%
- Gross margin
- -€465
- ▲ 64.3%
- Equity
- €61,500
- =
- Total assets
- €64,100
- ▲ 2.3%
Signalsraises riskNo main activity registeredFounded in 2021lowers riskLiquidity: current ratio 24.65, cash €60,809Equity €61,500 (95.9% of total assets)neutralLatest accounts filed on timeShow the evidence
Bankruptcy probability
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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Signals
The company filed its last 4 accounts on average 35 days before the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
Financials
Financials · financial year 2026, full format
Annual accounts 2026 filed on 02-10-2026 at the NBB all 4 filings
Every figure per financial year
The operating result for 2026 is a loss of €465, smaller than the loss of €1,301 in 2025.
Auditor
| Item | 31-03-2023 | 31-03-2024 | 31-03-2025 | 31-03-2026 |
|---|---|---|---|---|
| Fee for the audit | €2,078 | - | - | - |
Source: notes to the 2023 to 2026 annual accounts (relations with the auditor)
| Line | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|
| Operating income70/76A | €4,789 | - | - | - | - |
| Other operating income74 | €4,789 | - | - | - | - |
| Operating charges60/66A | €4,750 | - | - | - | - |
| Services and other goods61 | €4,505 | - | - | - | - |
| Other operating charges640/8 | €245 | - | - | - | - |
| Gross operating margin9900 | - | -€1,616 | -€1,301 | -€465 | ▲ 64.3% |
| Operating profit (loss)9901 | €39 | -€1,616 | -€1,301 | -€465 | ▲ 64.3% |
| Financial income75/76B | €465 | €1,958 | €1,663 | €885 | ▼ 46.8% |
| Recurring financial income75 | €465 | €1,958 | €1,663 | €885 | ▼ 46.8% |
| Income from current assets751 | €465 | - | - | - | - |
| Financial charges65/66B | €504 | €342 | €362 | €420 | ▲ 16.2% |
| Recurring financial charges65 | €504 | €342 | €362 | €420 | ▲ 16.2% |
| Debt charges650 | €2 | - | - | - | - |
| Other financial charges652/9 | €503 | - | - | - | - |
| Line | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €63,578 | €64,364 | €62,684 | €64,100 | ▲ 2.3% |
| Current assets29/58 | €63,578 | €64,364 | €62,684 | €64,100 | ▲ 2.3% |
| Amounts receivable within one year40/41 | €4,789 | €1,495 | €2,065 | €3,291 | ▲ 59.4% |
| Trade receivables40 | €4,789 | €1,495 | €1,565 | €2,791 | ▲ 78.3% |
| Other amounts receivable41 | - | - | €500 | €500 | = |
| Cash at bank and in hand54/58 | €58,789 | €62,870 | €60,619 | €60,809 | ▲ 0.3% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €63,578 | €64,364 | €62,684 | €64,100 | ▲ 2.3% |
| Equity10/15 | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Contributions10/11 | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Capital10 | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Issued capital100 | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Amounts payable17/49 | €2,078 | €2,864 | €1,184 | €2,600 | ▲ 120% |
| Amounts payable within one year42/48 | €2,078 | €2,864 | €1,184 | €2,600 | ▲ 120% |
| Trade debts44 | €2,078 | €2,864 | €1,184 | €2,600 | ▲ 120% |
| Suppliers440/4 | €2,078 | €2,864 | €1,184 | €2,600 | ▲ 120% |
Board & ownership
Directors
Owners and capital
Shareholders
1 ownerChain of control
- KORYS
- Colruyt Group
- CODEVCO X
Owners 1
- Colruyt GroupparentEquity €6.32bn Profit of €103.8m in 2026 (profit of €2.15bn in 2025) Checked score 93100%
Owners through the years 2022 to 2026
| Name | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Colruyt Group | 100% | ||||
Source: shareholder structure in its own accounts
Capital transactions
- ETABLISSEMENTEN FRANZ COLRUYT (BE 0400.378.485) 100 shares (100%) · €61,500
- 27-12-2021 Incorporation · €61,500 · 100 shares
Mandate history
- Board
- Statutory auditor
- end not dated
| Name | Functions and periods |
|---|---|
| Jef Colruyt |
|
| Kris Castelein |
|
| Jo WILLEMYNS |
|
| Stefan Goethaert |
|
| Michael Hamelryck |
|
| Stefaan Vandamme |
|
| Emst & Young Bedrijfsrevisoren |
|
| Ernst et Young Reviseurs d'Entreprises |
|
| Marc Hofman |
|
| Jozef Colruyt |
|
Articles of association
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Alle verrichtingen vermeld in wet, algemene vergadering kan anders besluiten bij gewone meerderheid van stemmen”
Articles of association, deed of 27-12-2021 (in Dutch)
Network & group
Companies at the same address
75 other companies- CODEVCO XIX Registered office · since 24-04-2026Founded in 2024 · total assets €64,499 (2026) · group KORYS 1018.082.405
- Codevco XXI Registered office · since 24-04-2026Founded in 2025 · group KORYS 1031.283.511
- Codevco XXIV Registered office · since 24-04-2026Founded in 2026 1037.275.834
- Codevco XXV Registered office · since 24-04-2026Founded in 2026 1037.276.032
- Codevco XX Registered office · since 01-04-2026Founded in 2025 · group KORYS 1031.286.776
- WITEB 15 Registered office · since 28-03-2026Founded in 2026 · group KORYS 1036.138.756
- WITEB 16 Registered office · since 28-03-2026Founded in 2026 · group KORYS 1036.138.855
- WITEB 17 Registered office · since 28-03-2026Founded in 2026 · group KORYS 1036.139.053
- WITEB 11 Registered office · since 29-01-2026Founded in 2026 · group KORYS 1033.708.808
- WITEB 12 Registered office · since 29-01-2026Founded in 2026 · group KORYS 1033.708.313
Connections & network
92 connected companies, 23 earlier tiesShow 88 more companies with a shared director
Show 19 more earlier ties
Timeline
Acts, filings and financial milestones
23-10
Gazette deed
Resignation: Stefaan Vandamme (director)Appointment: Michael Hamelryck (director)3 points ▸
- General meeting, 02-09-2026
- Director resignation, Stefaan Vandamme
- Director appointment, Michael Hamelryck
12-01
Gazette deed
Reappointment: Emst &.Young Bedrijfsrevisoren (statutory auditor)2 points ▸
- General meeting, 03-09-2025
- Auditor reappointment, Emst &.Young Bedrijfsrevisoren (statutory auditor)
29-07
Gazette deed
2 directors appointed, 1 director resigningResignation: Marc HOFMAN (director) · Appointments: Jo WILLEMYNS (director) and Stefan GOETHAERT (director) · Permanent representatives: Eef Naessens and DANNY WUYTS6 points ▸
- General meeting, 11-07-2022
- Director resignation, Marc HOFMAN
- Director appointment, Jo WILLEMYNS
- Director appointment, Stefan GOETHAERT
- Permanent representative, Eef Naessens (vaste vertegenwoordiger van de commissaris)
- Permanent representative, DANNY WUYTS (vaste vertegenwoordiger van de commissaris)
- The act holds 2 more points.
27-12
Gazette deed
IncorporationFounding capital of €61,500, 100 shares · Founder: ETABLISSEMENTEN FRANZ COLRUYT · Appointments: Kris Castelein, Marc Hofman and 3 others12 points ▸
- Incorporation, 22-12-2021
- Founder, ETABLISSEMENTEN FRANZ COLRUYT
- Capital, €61,500, 100 shares
- Founding capital, €61,500, 100 shares
- Registered office clause, Edingensesteenweg 196, 1500 Halle
- Board rule, 4
- Director appointment, Kris Castelein
- Director appointment, Marc Hofman
- Director appointment, Jozef Colruyt
- Director appointment, Stefaan Vandamme
- Auditor appointment, Ernst & Young Bedrijfsrevisoren (statutory auditor)
- Permanent representative, Wuyts Daniel
- The act holds 3 more points.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23027F0207/00V000 | Flanders | 3.1 ha | 1 · 9,052 m² | 27.2 m · 6 |