CODIFIED
CODIFIED is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €24k and a net result of €13k. Equity is growing by ~116.1% per year across the filed fiscal years. Its solvency ranks better than 76% of 1205 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €24k |
| Net result | €13k |
| Better than sector | 76% |
| Active | 3 yrs |
Strong profile, led by profitability.
This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 75.6% | 47.4% | |
| Net result | €13k | €43k | |
| Equity | €24k | €84k | |
| Gross operating margin | €17k | €70k | |
| Total assets | €31k | €211k |
| Fiscal year | 2025 |
|---|---|
| Revenue | n/a |
| EBITDA | n/a |
| Net profit | €13k |
| Cash flow | n/a |
| Staff costs | - |
| Income taxes | €2k |
| Dividends | - |
| Total assets | €31k |
| Equity | €24k |
| Debt | €8k |
| of which ≤ 1y | €8k |
| of which > 1y | - |
| Working capital | n/a |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | n/a |
| Quick ratio | n/a |
| Working capital ratio | n/a |
| Solvency | 75.6% |
| Debt / equity | n/a |
| Long-term debt ratio | n/a |
| Interest coverage | n/a |
| Gross margin | n/a |
| Net margin | n/a |
| ROA | 43.0% |
| ROE | 56.9% |
| EBITDA margin | n/a |
| Days sales outstanding | n/a |
| Days payable outstanding | n/a |
| Inventory turnover | n/a |
| Days inventory (DSI) | n/a |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €31k |
| Current assets | 29/58 | €31k |
| Amounts receivable within one year | 40/41 | €9k |
| Cash & bank | 54/58 | €16k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €31k |
| Equity | 10/15 | €24k |
| Contributions / capital | 10/11 | €3k |
| Reserves | 13 | €21k |
| Amounts payable | 17/49 | €8k |
| Amounts payable within one year | 42/48 | €8k |
| Trade debts payable within one year | 44 | €1k |
| Income statement | ||
| Gross operating margin | 9900 | €17k |
| Operating result | 9901 | €16k |
| Financial income | 75 | €0 |
| Financial charges | 65 | €400 |
| Result before taxes | 9903 | €16k |
| Income taxes | 67/77 | €2k |
| Net result for the period | 9904 | €13k |
| Result to be appropriated | 9905 | €13k |
Former directors (1)
-
REYN MANAGEMENTLegal entityDirector· perm. rep.: Mart ReyndersState Gazette act 25008140 (17-01-2025)Former- → 17-01-2025
| NACE primary | Financial services(64210) |
| Legal form | Private limited company(610) |
| Incorporation | 26-12-2022 |
| Status | Active |
| Postal code | 3600 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71308A0818/00B218 | Flanders | 889 m² | 1 · 167 m² | 7.9 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
23-12-2025 Registered office moved within Genk
- Pastoor Raeymaekersstraat 33, 3600 Genk → Anijsstraat 19, 3600 Genk
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Genk",
"region": null,
"street": "Anijsstraat",
"country": "BE",
"postcode": "3600",
"box_number": null,
"street_number": "19"
},
"old_address": {
"city": "Genk",
"region": null,
"street": "Pastoor Raeymaekersstraat",
"country": "BE",
"postcode": "3600",
"box_number": "BU01",
"street_number": "33"
},
"effective_date": "2025-12-11",
"evidence_quote": "Met \u00E9\u00E9nparigheid van stemmen wordt beslist om vanaf heden de maatschappelijke zetel (en bijhorende vestigings\u00E9\u00E9nheid) van de BV Codified te verplaatsen van \u00223600 Genk, Pastoor Raeymaekersstraat 33 BU01\u0022 naar \u00223600 Genk, Anijsstraat 19\u0022."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0795.374.462",
"name_full": "CODIFIED",
"legal_form": "BV"
}
}17-01-2025 Registered office moved from Hasselt to Genk
- Gelatineboulevard 2, 3500 Hasselt → Pastoor Raeymaekersstraat 33, 3600 Genk
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Genk",
"region": null,
"street": "Pastoor Raeymaekersstraat",
"country": "BE",
"postcode": "3600",
"box_number": "BU01",
"street_number": "33"
},
"old_address": {
"city": "Hasselt",
"region": null,
"street": "Gelatineboulevard",
"country": "BE",
"postcode": "3500",
"box_number": "4.02",
"street_number": "2"
},
"effective_date": "2025-01-17",
"evidence_quote": "Wijziging van de maatschappelijke zetel en de vestigings\u00E9\u00E9nheid ... beslist om vanaf heden de maatschappelijke zetel (en bijhorende vestigings\u00E9\u00E9nheid) van de BV Codified te verplaatsen van \u00223500 Hasselt, Gelatineboulevard 2 bus 4.02\u0022 naar \u00223600 Genk, Pastoor Raeymaekersstraat 33 BU01\u0022."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0795.374.462",
"name_full": "CODIFIED",
"legal_form": "BV"
}
}28-12-2022 Incorporation of a new BV
Technical details
{
"kind": "oprichting",
"seat": "3500 Hasselt, Gelatineboulevard 2 bus 4.02",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": null,
"name": "REYNDERS Mart",
"niss": null,
"address": "3500 Hasselt, Gelatineboulevard 2/4.02"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 1250,
"holder_person_name": "REYNDERS Mart",
"is_subscriber_only": false,
"n_shares_subscribed": 50000,
"amount_subscribed_eur": 1250,
"is_anonymous_silent_partner": false
},
{
"org": null,
"kind": "natural_person",
"person": {
"dob": null,
"name": "VERRYSSEN Elmer Petra Ronald",
"niss": null,
"address": "3600 Genk, Rakestraat 18"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 1250,
"holder_person_name": "VERRYSSEN Elmer Petra Ronald",
"is_subscriber_only": false,
"n_shares_subscribed": 50000,
"amount_subscribed_eur": 1250,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 2500,
"subject_company": {
"kbo": "0795.374.462",
"name_full": "CODIFIED",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2022-12-21",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | CODIFIED |