CODEVCO XVII has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €61,500. Its solvency ranks better than 95% of 372 sector peers (NACE 47, financial year 2026). The computed 12-month bankruptcy probability is 0.3% (very low).
Signalsraises riskFounded in 2023No registered site in the KBOlowers riskLiquidity: current ratio 24.65, cash €61,460Equity €61,500 (95.9% of total assets)neutralLatest accounts filed on timeShow the evidence
Bankruptcy probability
No current score
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Insufficient figures
A score requires measurable solvency, liquidity and profitability. Missing figures are not a judgement about the company.
Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
0.3%Very low
0%0.5%1.5%4%10%≥ 25%
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Sector median 0.6% (40,272 companies, NACE 47, micro)
Last 24 months01-2025: 2.6%02-2025: 2.6%● unchanged vs 01-202503-2025: 2.7%▲ +0.1 percentage points vs 02-202504-2025: 3.2%▲ +0.5 percentage points vs 03-202505-2025: 3.4%▲ +0.2 percentage points vs 04-202506-2025: 3.7%▲ +0.3 percentage points vs 05-202507-2025: 3.7%● unchanged vs 06-202508-2025: 4.1%▲ +0.4 percentage points vs 07-202509-2025: 4.2%▲ +0.1 percentage points vs 08-2025highest value10-2025: 4.0%▼ -0.2 percentage points vs 09-202511-2025: 0.3%▼ -3.7 percentage points vs 10-202512-2025: 0.3%● unchanged vs 11-202501-2026: 0.3%● unchanged vs 12-202502-2026: 0.3%● unchanged vs 01-202603-2026: 0.3%● unchanged vs 02-202604-2026: 0.3%● unchanged vs 03-2026lowest value05-2026: 0.3%● unchanged vs 04-202606-2026: 0.3%● unchanged vs 05-202607-2026: 0.3%● unchanged vs 06-202608-2026: 0.3%● unchanged vs 07-202609-2026: 0.3%● unchanged vs 08-202610-2026: 0.3%● unchanged vs 09-202611-2026: 0.3%● unchanged vs 10-2026
Credit check for an amount and term of your choice
The EBIT margin is the share of each euro of revenue left from ordinary operations. The higher it is, the more room the company has to absorb a setback.
The net result is what is left after all costs and taxes. One loss year is not an alarm on its own. After several loss years in a row, it pays to find out why.
Working capital is what is left when the company pays its short-term debts with its short-term assets. Positive means it can pay its bills in the short term.
The operating result for 2026 is a loss of €683, smaller than the loss of €1,262 in 2025.
Operating result-€6832026
Total assets€64,1002026Equity€61,5002026Debt€2,6002026
Working capital€61,5002026
Solvency95.9%2026
Current ratio24.652026
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Retail trade (NACE 47). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for equity, total assets, working capital, solvency and current ratio.
Every figure with its change against the financial year before
favourableunfavourable
Line20252026
Operating result-€1,262--€683▲ 45.9%
Equity€61,500within the sector's middle half-€61,500=
Total assets€64,257below the sector's middle half-€64,100▼ 0.2%
Debt€2,757-€2,600▼ 5.7%
Working capital€61,500within the sector's middle half-€61,500=
Solvency95.7%above the sector's middle half-95.9%▲ 0.2pp
Current ratio23.31above the sector's middle half-24.65▲ 1.34
abovewithinbelowThe sector band is the middle half of the companies in Retail trade (NACE 47). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Equity and liabilities €64,100
95.9%
Equity€61,500 =
Debt€2,600 ▼ 5.7%
Debt's share of the balance-sheet total falls from 4.3% to 4.1%. Debt is lower.
Key figures and ratios
2026 value · change against 2025
Debt to equity
0.04▼
2025 · 0.04
Debt ≤ 1 year
€2,600▼
2025 · €2,757
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Comparable companies
These companies have the same main activity as CODEVCO XVII: non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110). They are comparable in size and age: total assets between €50,200 and €78,700, founded between 2023 and 2024.
They were chosen from the 5,985 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Annual accounts
Filed annual accountsAs filed with the NBB · 2026 against 2025 · 20 lines
Statutory auditor · appointed in the act of 12-01-2026 · permanent representative: Eef Naessens · listed in the 2026 annual accounts, filed on 05-10-2026
Each bar is one period in a function, from appointment to resignation or to today. An open left edge means the mandate began before its first mention. An open right edge means the mandate ended without a stated end date.
Each sentence rests on a document from the KBO register, the Belgian Official Gazette or the National Bank. The number after the sentence opens that document.
On 29 December 2023, CODEVCO XVII was incorporated as a public limited company by Colruyt Food Retail, with a starting capital of €61,500.12Today the board has 6 members.3The company has filed 2 sets of annual accounts, the latest for financial year 2026.4
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.