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CODEVID

Active Private limited companyfounded 2013active for 12 yearsKliniekstraat 27A, 9050 GhentKBO/BCE: BE 0543.451.309 subsidiary of Geniki
CODEVID
Financial year 2025
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Annual accounts 2025

abbreviated format, filed on 13-07-2026, 18 days before the deadline
€843,605
▼ 55.2%
-€750,690
▼ €929,563
-€576,329
▼ €665,955
-€202,061
▼ €630,831
1.0%
▼ 28.9 percentage points
0.84
▼ 0.61

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

Turnover ≈ €2.2m. Estimated: probably between €1.5m and €3.6m.

Balance sheet

balance sheet total €1.6m on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

1.0%

Higher than 15% of 3,406 companies in 2025.

0.84

Higher than 18% of 3,267 companies in 2025.

-36.4%

Higher than 7% of 3,315 companies in 2025.

CODEVID Middle half of the sector 80% of the sector Abbreviated accounts in computer programming and consultancy (NACE 62)

Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: top quarter · Working capital: bottom quarter · Staff: top quarter

Staff

€72,862

Staff costs divided by the average number of full-time equivalents.

-2 people

people who joined people who left

In 2025, 5 people joined and 7 left. Training hours in 2025: 16.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015
Balance sheet: assets
20/58 1.6m2.0m1.1m1.4m1.2m1.1m1.0m561,787609,682442,875103,722
21/28 534,559605,903165,401228,253209,224420,887392,11811,87012,63917,5906,419
21 20,33423,83429,08432,584-------
22/27 245,109312,953124,950195,339208,893420,557391,78811,54012,30917,2606,419
22 -----277,309285,654----
24 245,109309,317119,459194,606207,952143,249106,13311,54011,25915,1613,270
26 -3,6365,492733941---1,0502,0993,149
28 269,116269,11611,367330331330330330330330-
29/58 1.1m1.4m964,8661.2m995,624699,016623,096549,917597,043425,28597,304
29 ---5,89513,47425,15810,00021,053---
291 ---5,89513,47425,15810,00021,053---
40/41 927,9271.0m628,575756,187682,693408,944236,828217,663358,766171,83236,816
40 566,943858,473619,647747,430663,056407,260172,840217,663309,156171,83236,816
41 360,984174,2288,9288,75719,6371,68463,988-49,610--
50/53 ------119,70669,41649,41649,416-
54/58 78,520244,153271,154391,812289,009257,064247,253235,014184,617201,15358,730
490/1 44,338100,94665,13712,64210,4497,8499,3086,7704,2452,8841,758
Balance sheet: equity and liabilities
10/49 1.6m2.0m1.1m1.4m1.2m1.1m1.0m561,787609,682442,875103,722
10/15 15,825592,154592,154489,679316,163256,062310,184374,313452,295274,70858,404
10/11 77,18877,18877,18877,188117,688-18,60018,60018,6006,2006,200
100 ------18,60018,60018,60018,60018,600
101 ---------12,40012,400
11 -----118,600-----
1100/10 -----118,600-----
13 993514,966514,966412,491198,475137,462291,584355,713433,695268,50852,204
130 ------1,8601,8601,8601,8601,860
132 9939939939939931,001--18,75018,750-
133 -513,973513,973411,498197,482136,461289,724353,853413,085247,89850,344
14 -62,356----------
17/49 1.6m1.4m538,114905,110888,686863,841705,029187,474157,386168,16745,318
17 304,253319,12644,409102,04067,148351,469330,857----
170/4 304,253319,12644,409102,04067,148351,469330,857----
42/48 1.3m949,029490,198795,901803,806497,647369,582181,334155,636166,16743,818
42 131,438182,47684,829174,76557,92460,22236,25933,442---
43 500,000100,000133,695283,244250,000-33,443----
430/8 500,000100,000133,695283,244250,000-33,443----
44 431,564333,60490,265156,664161,014156,40882,85643,51422,22322,8392,944
440/4 431,564333,60490,265156,664161,014156,40882,85643,51422,22322,8392,944
45 189,844243,246177,149177,387224,888111,12473,329101,585131,914135,81933,879
450/3 51,99280,32489,01593,587113,41023,28914,71363,011131,072124,09333,879
454/9 137,852162,92288,13483,800111,47887,83558,61538,57384211,726-
47/48 -89,7034,2613,842109,980169,894143,6942,7941,5007,5096,995
492/3 12,419123,3943,5067,16817,73214,7244,5916,1391,7502,0001,500
Income statement
9900 843,6051.9m1.2m1.6m1.1m599,023613,431514,732364,419390,77797,592
62 1.3m1.5m933,4991.0m811,843510,549302,126235,934104,51260,0093,502
630 100,329108,94361,01468,55350,65245,379109,6496,0054,9518,22111,741
631/4 140,74839,186--35,00045,000-51,63551,635----
640/8 12,5509,06613,60713,00919,50331,9124,1441,4231,1518772,408
66A ------689----
9901 -750,690178,874162,703489,946207,66962,819145,189271,369253,804321,67079,940
75/76B 211,0132,55335208139,406485561881843170
75 211,0132,55335208139,406485561881843170
65/66B 33,01039,41111,8787,66812,58515,5458,2921,4236161,5252,219
65 33,01039,41111,8787,66812,58515,5458,2921,4236161,5252,219
9903 -572,687142,015150,860482,486195,09656,680137,382270,507254,069320,98777,891
67/77 3,64252,38848,385132,00933,02622,80236,012100,98987,382104,68325,687
9904 -576,32989,627102,475350,477162,07133,878101,370169,518166,687216,30452,204
689 -----1,001---18,750-
9905 -576,32989,627102,475350,477162,07132,877101,370169,518166,687197,55452,204
Appropriation of the result
9906 -576,32989,627102,475350,477162,07132,877101,370169,518166,687197,55452,204
791/2 513,973--136,461-188,000165,500266,250---
691/2 --102,475350,47762,07132,877101,370188,268165,187197,55452,204
6920 ----------1,860
6921 --102,475350,47762,07132,877101,370188,268165,187197,55450,344
694/7 -89,627-136,461100,000188,000165,500247,5001,500--
694 -89,627-136,461-188,000165,500247,500---
695 ----100,000---1,500--
Social balance sheet
9087 18.414.214.516.713.710.46.94.74.51.6-
Hours worked1013 29,81134,07824,05727,30725,42817,81312,0757,9074,7002,769-
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 17 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 2025 at the NBB, filed on 13-07-2026.

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
31-12-2025 abbreviated format 13-07-2026 2026-00301659 PDF
31-12-2024 abbreviated format 18-07-2025 2025-00284285 PDF
30-06-2023 abbreviated format 20-10-2023 2023-00489213 PDF
30-06-2022 abbreviated format 31-01-2023 2023-00011857 PDF
30-06-2021 abbreviated format 20-10-2021 2021-72300253 PDF
30-06-2020 abbreviated format 23-10-2020 2020-62700431 PDF
30-06-2019 abbreviated format 20-01-2020 2020-01600419 PDF
30-06-2018 micro format 31-01-2019 2019-03500186 PDF
30-06-2017 micro format 26-01-2018 2018-02400146 PDF
30-11-2016 abbreviated format 27-03-2017 2017-07400334 PDF
30-11-2015 abbreviated format 11-03-2016 2016-06300023 PDF

Subsidies and aid

Flemish government 2022 to 2025, 9 entries, €75,353 awarded, €75,353 paid

Kmo-groeisubsidie: steun voor groeitrajecten bij kmo's (discontinued)
€50,000
Individueel Maatwerk
€15,073
Subsidies voor internationaal ondernemen
€9,000
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
€1,280
Year Entries AwardedPaid
2025 4 €15,366€52,866
2024 2 €9,000€21,500
2023 2 €50,735€735
2022 1 €252€252

Federal government 2023 to 2025, 3 entries, €207,984 in total

Inkomensoverdracht R&D naar bedrijven
€207,984
YearDepartmentTransactionsAmount
2025Defence1€51,996
2024Defence1€51,996
2023Defence1€103,992

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015
-650,361287,817223,718558,498258,321108,197254,838277,375258,755329,89191,681
-476,000198,570163,489419,029212,72379,257211,019175,523171,638224,52563,945
32,621563,17620,54291,731116,29877,824494,0855,236019,39215,785
-165,633-27,002-120,658102,80331,9459,81112,23950,398-16,536142,423-
-202,061428,771474,668370,635191,819201,368253,514368,583441,407259,11953,485
1.0%29.9%52.4%35.1%26.2%22.9%30.6%66.6%74.2%62.0%56.3%
0.841.451.971.471.241.401.693.033.842.562.22
99.182.350.911.852.813.372.270.500.350.610.78
-15.1%17.3%71.6%51.3%13.2%32.7%45.3%36.9%78.7%89.4%
-36.4%4.5%9.1%25.1%13.5%3.0%10.0%30.2%27.3%48.8%50.3%
-19.707.3018.8372.84-------

A ratio outside any meaningful range has been withheld (balance sheet total €1.6m, equity €15,825).

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.

Social balance sheet

Item31-12-202531-12-202430-06-202330-06-2022
Employees at the balance-sheet date15171515
full-time13151212
part-time2233
in full-time equivalents14.516.514.314.4
18.414.214.516.7
On a permanent contract15171415
Joined51734
Left71538
Training hours164-4

Source: social balance sheet in the 2022 to 2025 annual accounts

Securities and guarantees

on own assets and for others
Item2025202430-06-202330-06-2022
Debts secured on the company's own assets€500,000€100,000--
€250,000€250,000--

Source: notes to the 2022 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item2025202430-06-202330-06-2022
Tangible fixed assets€32,621€305,427€9,505€56,731
Intangible fixed assets---€35,000
Financial fixed assets-€257,749€11,037-
€100,329€108,943€61,014€68,553

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Insights on CODEVID

The operating result for 2025 is a loss of €750,690, after a profit of €178,874 in 2024. It is the lowest result since 2015.

Debt's share of the balance-sheet total rises from 70.1% to 99.0%. Equity is lower and debt is higher.

Large changes and their cause
  • 2023 Net result -71% on 2022. Partial demerger to CYLE, Official Gazette 07-12-2021, in the previous financial year. That operation now counts for a full year for the first time.
  • 2022 Net result +116%, Equity +55% on 2021. Partial demerger to CYLE, Official Gazette 07-12-2021.

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