Summary
CODEVCO XVI has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €61,500. Equity remains stable across the filed financial years (±0.7% per year). Its solvency ranks better than 95% of 305 sector peers (NACE 47, financial year 2026). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
- Equity
- €61,500
- Bankruptcy probabilitywithin 12 months
- 0.2%
- Parent
- Colruyt Food Retail · 100%
Signalsraises riskFounded in 2022No registered site in the KBOlowers riskLiquidity: current ratio 24.65, cash €61,639Equity €61,500 (95.9% of total assets)neutralLatest accounts filed on timeShow the evidence
Bankruptcy probability
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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Signals
This company filed its last 3 accounts on average 26 days before the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2026 · full…
- Annual accounts filedfinancial year 2025 · abbreviated…
- Back to profitnet €872
Financials · financial year 2026, full format
2024 to 2026, 3 financial years
The operating result stays negative: a loss of €687 in 2026 against €572 in 2025; the loss grows.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
| Line | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|
| Other operating charges640/8 | €150 | - | - | - |
| Gross operating margin9900 | -€2,013 | -€572 | -€687 | ▼ 20.1% |
| Operating profit (loss)9901 | -€2,163 | -€572 | -€687 | ▼ 20.1% |
| Financial income75/76B | €2,104 | €1,632 | €892 | ▼ 45.3% |
| Recurring financial income75 | €2,104 | €1,632 | €892 | ▼ 45.3% |
| Financial charges65/66B | €814 | €188 | €204 | ▲ 9.1% |
| Recurring financial charges65 | €814 | €188 | €204 | ▲ 9.1% |
| Profit (loss) for the period before taxes9903 | -€872 | €872 | - | - |
| Profit (loss) for the period9904 | -€872 | €872 | - | - |
| Profit (loss) for the period to be appropriated9905 | -€872 | €872 | - | - |
| Line | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €63,492 | €61,500 | €64,100 | ▲ 4.2% |
| Current assets29/58 | €63,492 | €61,500 | €64,100 | ▲ 4.2% |
| Amounts receivable within one year40/41 | €2,137 | €623 | €2,461 | ▲ 295% |
| Trade receivables40 | €2,137 | €623 | €2,461 | ▲ 295% |
| Cash at bank and in hand54/58 | €61,355 | €60,877 | €61,639 | ▲ 1.3% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €63,492 | €61,500 | €64,100 | ▲ 4.2% |
| Equity10/15 | €60,628 | €61,500 | €61,500 | = |
| Contributions10/11 | €61,500 | €61,500 | €61,500 | = |
| Capital10 | €61,500 | €61,500 | €61,500 | = |
| Issued capital100 | €61,500 | €61,500 | €61,500 | = |
| Profit (loss) carried forward14 | -€872 | - | - | - |
| Amounts payable17/49 | €2,864 | - | €2,600 | - |
| Amounts payable within one year42/48 | €2,864 | - | €2,600 | - |
| Trade debts44 | €2,864 | - | €2,600 | - |
| Suppliers440/4 | €2,864 | - | €2,600 | - |
| Line | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€872 | €872 | - | - |
| Operating cash flow (approximation) | -€872 | €872 | - | - |
| Change in cash | - | -€478 | €762 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (3)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-03-2026 | full format | 05-10-2026 | 2026-00548985 |
| 31-03-2025 | abbreviated format | 23-09-2025 | 2025-00506481 |
| 31-03-2024 | abbreviated format | 17-10-2024 | 2024-00510570 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Owners and capital
Owners
1 ownerChain of control
- KORYS
- Colruyt Group
- Ahara
- Colruyt Food Retail
- CODEVCO XVI
Highest known parent: KORYS. The sources do not say who stands above it.
Owners 1
-
100%
According to the annual accounts to 31-03-2026 of CODEVCO XVI and those of the other companies, 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
The network starts from this company’s shareholders. What else they own or run appears here as nodes.
History
Acts, filings and financial milestones
About the unread acts
We know of 1 Belgian Official Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 20 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23027F0207/00V000 | Flanders | 3.1 ha | 1 · 9,052 m² | 27.2 m · 6 |