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CODIMA

Active
Private limited companyfounded 2001active for 24 yearsMorgenster 6, 9250 Waasmunster, BelgiumKBO/BCE: BE 0476.236.148
Summary

CODIMA has been active since 2001 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €356,540 and a net result of €64,517. Equity has been stable since 2018 (±0.1% per year). Its solvency ranks better than 65% of 9,829 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 04-12-2001 Normal situation
Activity
Wholesale of information and communication equipment NACE 46500and 2 others
Establishment unit
2.101.429.477 9000 Gent, since 13-12-2001
Financial year end
31 December
Peppol
Reachable since 17-09-2025

Board and ownership

Board
  • MNB Invest CommVDirector

Financial position

94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€200,145
▲ 71.2%
Turnover
≈ €1.0m
estimated
Profit
€64,517
Equity
€356,540
▲ 1.3%
Total assets
€614,660
▲ 13.1%
Employees on 31-12-2025
3
=
Filed on 13-05-2026, 79 days before the deadline
Score breakdownraises risk1 change of registered office in 24 monthslowers riskLiquidity: current ratio 2.22, cash €331,014Equity €356,540 (58.0% of total assets)Founded in 2001Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 67% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Strong
Solvency 83-7
equity 58.0% of total assets
Liquidity 80-6
short-term debt 41.8% · cash 53.9%
Profitability 82+69
return on assets 10.5%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,899 companies, NACE 46, micro)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: 0.1%▲ +0.1 percentage points vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: < 0.1%▼ -0.1 percentage points vs 05-2026lowest value 07-2026: < 0.1%● unchanged vs 06-2026lowest value 08-2026: < 0.1%● unchanged vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%▲ +0.1 percentage points vs 09-2026highest value 11-2026: 0.1%● unchanged vs 10-2026highest value
Credit of up to €30,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.22 (2.63 in 2024), above the usual 1.5. Short-term debt is 41.8% and cash 53.9% of total assets. 42% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 65% of them on solvency, 82% on liquidity, 75% on profitability and 46% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Liquidity: current ratio 2.22, cash €331,014
NBB · annual accounts
lowers risk · Equity €356,540 (58.0% of total assets)
NBB · annual accounts
lowers risk · Founded in 2001
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-05-2026, 79 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
79 days early
2024
29 days late
2023
23 days late
2022
16 days late
2021
23 days early
2020
30 days late
2019
28 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 3 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 16 August (4 of the last 5 accounts filed within 39 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Back in profit in 2025after a loss of €24,010 in 2024 €64,517 View

Recent changes

  1. · Gazette deed Registered office moved from Gent to Waasmunster
  2. · Gazette deed Amendment of the articles · Legal-form change · Resignations & appointments · Miscellaneous
  3. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as CODIMA: wholesale of information and communication equipment (NACE 46500). They are comparable in size and age: total assets between €378,000 and €957,000, founded between 1999 and 2005.

CompanyTotal assetsGross margin
CODIMA Waasmunster€614,660€200,145
REPROCART Ronse€378,000€258,638
STOCKLOOTS Baarle-Hertog€613,502€169,540
CORRECTONET Hannut€400,941€254,368
ARTENAX IMPORT EXPORT Mechelen€426,626€158,765
M.E.A.B.I. MOBILIER ET EQUIPEMENT AUXILLIAIRE POUR LE BUREAU ET L'INFORMATIQUE Namur€800,569€190,881
TELARON Anderlecht€956,723€252,585
Full comparison

Key facts about CODIMA

What is the company number of CODIMA?
The company number of CODIMA is 0476.236.148. The VAT number is the same number with BE in front: BE 0476.236.148.
Where is CODIMA based?
The registered office is at Morgenster 6, 9250 Waasmunster.Company details
What does CODIMA do?
According to the KBO register, the main activity is wholesale of information and communication equipment (NACE 46500).
What is the legal form of CODIMA?
The legal form of CODIMA is Private limited company (BV).
When was CODIMA founded?
CODIMA was founded on 04-12-2001.
Is CODIMA still active?
Yes, CODIMA is an active enterprise in the KBO register.
How many employees does CODIMA have?
CODIMA had an average of 3.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of CODIMA?
The turnover in financial year 2025 is ≈ €1.0m. This figure is estimated from the gross margin of €200,145 and 103 comparable companies (NACE 46). It probably lies between €510,000 and €1.8m.
Is CODIMA profitable?
In financial year 2025, CODIMA made a profit of €64,517.
Where can I find the annual accounts of CODIMA?
CODIMA filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of CODIMA due?
CODIMA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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