CODIMAX
ActiveSummary
CODIMAX has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €14,914 and a net result of €10,154. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 29% of 13,741 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 24-10-2013 Normal situation
- Registered office
- 491 active companies are registered at this address 35 started in the 12 months before. Source: KBO register, as of 3 November 2026.
- Activity
- Wholesale trade NACE 46360and 2 others
- Joint committee
- 200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
- Establishment units
- 2.332.209.206 1050 Brussel, since 01-01-2022
- 2.348.548.558 1640 Sint-Genesius-Rode, since 01-08-2023and 2 others
- Financial year end
- 31 December
- Peppol
- Reachable since 11-02-2026
Board and ownership
Board
- VANDORMAEL DimitriDirector
Shareholders
- FARRIERY20.17%· score 822025 annual accounts of FARRIERY
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.4%
Annual accounts 2025
- Gross margin
- €67,902
- ▲ 21.8%
- Turnover
- ≈ €530,000
- estimated
- Profit
- €10,154
- ▲ 274×
- Equity
- €14,914
- ▲ 187%
- Total assets
- €111,084
- ▼ 16.2%
- Employees on 31-12-2025
- 1
- =
Score breakdownraises risk4 establishment unitsSector: Wholesale trade (NACE 46)lowers riskSize: total assets €111,084Founded in 2013Show the evidence
Checked score
Score 2025
84
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 45% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Weak
Solvency
38+9
equity 13.4% of total assets
Liquidity
12+11
short-term debt 77.5% · cash 3.7%
Profitability
57+23
return on assets 9.1%
Bankruptcy probability within 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 3.4%highest value
01-2025: 3.4%● unchanged vs 12-2024highest value
02-2025: 3.4%● unchanged vs 01-2025
03-2025: 3.3%▼ -0.1 percentage points vs 02-2025
04-2025: 3.3%● unchanged vs 03-2025
05-2025: 3.2%▼ -0.1 percentage points vs 04-2025
06-2025: 3.1%▼ -0.1 percentage points vs 05-2025
07-2025: 3.2%▲ +0.1 percentage points vs 06-2025
08-2025: 0.7%▼ -2.5 percentage points vs 07-2025
09-2025: 0.7%● unchanged vs 08-2025
10-2025: 0.7%● unchanged vs 09-2025
11-2025: 0.7%● unchanged vs 10-2025
12-2025: 0.7%● unchanged vs 11-2025
01-2026: 0.7%● unchanged vs 12-2025
02-2026: 0.7%● unchanged vs 01-2026
03-2026: 0.7%● unchanged vs 02-2026
04-2026: 0.7%● unchanged vs 03-2026
05-2026: 0.6%▼ -0.1 percentage points vs 04-2026
06-2026: 0.6%● unchanged vs 05-2026
07-2026: 0.4%▼ -0.2 percentage points vs 06-2026lowest value
08-2026: 0.4%● unchanged vs 07-2026lowest value
09-2026: 0.4%● unchanged vs 08-2026lowest value
10-2026: 0.4%● unchanged vs 09-2026lowest value
11-2026: 0.4%● unchanged vs 10-2026lowest value
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.86 (0.83 in 2024), below 1. Short-term debt is 77.5% and cash 3.7% of total assets. 86.6% 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 26% of them on solvency, 13% on liquidity, 43% on profitability and 96% on growth.
The bankruptcy probability was computed on 02-11-2026 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).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 11-06-2026, 50 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
50 days early
2024
2 days early
2023
6 days late
2022
28 days late
2021
31 days late
2020
60 days late
2019
63 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 19 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 7 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 11-06-2026 PDF all 12 filings
Turnover
≈ €530,000
Estimated: probably between €370,000 and €910,000
Total assets
€111,084▼ 16.2%
2024 · €132,486
Net result
€10,154▲ 274×
2024 · €37
Working capital
-€12,238▲ 36.9%
2024 · -€19,400
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
€18,265
▲ 104%
2025
20182025
Net result
€10,154
▲ 274×
2025
middle half of the sector
20182025
Equity
€14,914
▲ 187%
2025
middle half of the sector
20182025
Total assets
€111,084
▼ 16.2%
2025
middle half of the sector
20182025
Debt
€96,170
▼ 24.4%
2025
20182025
Working capital
-€12,238
▲ 36.9%
2025
lowest quarter of the sector
20182025
Solvency
13.4%
▲ 9.5pp
2025
middle half of the sector
20182025
Current ratio
0.86
▲ 0.02
2025
lowest quarter of the sector
20182025
Return on assets (ROA)
9.1%
▲ 9.1pp
2025
middle half of the sector
20182025
Staff (FTE)
1
=
2025
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€15,359-€19,373▲ 26.1%-€7,663-€20,437▼ 167%-€36,073▼ 76.5%-€19,793▲ 45.1%€8,965€18,265▲ 104%
Net result€5,967-€14,526▲ 143%-€2,610within the sector's middle half-€20,032below the sector's middle half▼ 667%-€40,070below the sector's middle half▼ 100%-€31,629below the sector's middle half▲ 21.1%€37within the sector's middle half€10,154within the sector's middle half▲ 274×
Equity€21,498-€36,023▲ 67.6%€33,413within the sector's middle half▼ 7.2%€13,381within the sector's middle half▼ 60.0%-€26,689below the sector's middle half-€54,408below the sector's middle half▼ 104%€5,194below the sector's middle half€14,914within the sector's middle half▲ 187%
Total assets€63,018-€54,960▼ 12.8%€55,597below the sector's middle half▲ 1.2%€39,760below the sector's middle half▼ 28.5%€99,679within the sector's middle half▲ 151%€142,286within the sector's middle half▲ 42.7%€132,486within the sector's middle half▼ 6.9%€111,084within the sector's middle half▼ 16.2%
Debt€41,520-€18,936▼ 54.4%€22,184▲ 17.1%€26,379▲ 18.9%€126,368▲ 379%€196,694▲ 55.7%€127,292▼ 35.3%€96,170▼ 24.4%
Working capital€21,498-€36,023▲ 67.6%€32,993within the sector's middle half▼ 8.4%€12,753within the sector's middle half▼ 61.3%-€70,451below the sector's middle half-€65,893below the sector's middle half▲ 6.5%-€19,400below the sector's middle half▲ 70.6%-€12,238below the sector's middle half▲ 36.9%
Solvency34.1%-65.5%▲ 31.4pp60.1%within the sector's middle half▼ 5.4pp33.7%within the sector's middle half▼ 26.4pp-26.8%below the sector's middle half▼ 60.4pp-38.2%below the sector's middle half▼ 11.5pp3.9%below the sector's middle half▲ 42.2pp13.4%within the sector's middle half▲ 9.5pp
Current ratio1.52-2.90▲ 1.382.53within the sector's middle half▼ 0.381.49within the sector's middle half▼ 1.040.43below the sector's middle half▼ 1.050.60below the sector's middle half▲ 0.170.83below the sector's middle half▲ 0.230.86below the sector's middle half▲ 0.02
Return on assets (ROA)9.5%-26.4%▲ 17.0pp-4.7%below the sector's middle half▼ 31.1pp-50.4%below the sector's middle half▼ 45.7pp-40.2%below the sector's middle half▲ 10.2pp-22.2%below the sector's middle half▲ 18.0pp0.0%within the sector's middle half▲ 22.3pp9.1%within the sector's middle half▲ 9.1pp
Staff (FTE)0.11▲ 900%0.9▼ 10.0%1▲ 11.1%1=
above
within
below
The sector band is the middle half of the companies in Wholesale trade (NACE 46). 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 operating result for 2025 is 104% higher than in 2024 and the highest since 2021. It is the third rise in a row, after the fall in 2022.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €111,084
Fixed assets
€37,252 ▲ 6.8%
Current assets
€73,832 ▼ 24.3%
Equity and liabilities €111,084
Equity
€14,914 ▲ 187%
Debt
€96,170 ▼ 24.4%
Debt's share of the balance-sheet total falls from 96.1% to 86.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€27,912▲
2024 · €17,316
Cash flow
€19,801▲
2024 · €8,389
Quick ratio
0.51▲
2024 · 0.48
Debt to equity
6.45▼
2024 · 24.51
ROE
68.1%▲
2024 · 0.7%
Interest coverage
3.27▲
2024 · 1.77
Debt ≤ 1 year
€86,070▼
2024 · €116,996
Debt > 1 year
€9,199▲
2024 · €8,333
Staff costs
€39,531▲
2024 · €38,028
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 1 | 1 | 1 | 1 | 1 |
| full-time | - | - | 1 | 1 | 1 |
| part-time | 1 | 1 | - | - | - |
| in full-time equivalents | 0.6 | 0.8 | 1 | 1 | 1 |
| Average over the year, in full-time equivalents | 0.1 | 0.7 | 0.9 | 1 | 1 |
| On a permanent contract | 1 | 1 | 1 | 1 | 1 |
| Joined | 1 | - | - | - | - |
| Left | 0 | - | - | - | - |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €26,135 | €2,026 | - | €9,765 |
| Intangible fixed assets | - | €21,044 | €3,847 | - | €2,243 |
| Depreciation and write-downs of the year | €248 | €2,185 | €8,363 | €8,352 | €9,646 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €1,263 | €21,049 | €32,030 | €38,028 | €39,531 | ▲ 4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,445 | - | €121 | €248 | €2,185 | €8,363 | €8,352 | €9,646 | ▲ 15.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | -€113 | - | - | - | - | - |
| Other operating charges640/8 | - | - | - | €544 | €820 | €1,003 | €387 | €460 | ▲ 18.7% |
| Gross operating margin9900 | €18,071 | €19,720 | -€6,498 | -€18,495 | -€12,018 | €21,603 | €55,731 | €67,902 | ▲ 21.8% |
| Operating profit (loss)9901 | €15,359 | €19,373 | -€7,663 | -€20,437 | -€36,073 | -€19,793 | €8,965 | €18,265 | ▲ 104% |
| Financial income75/76B | - | - | - | €1,658 | - | €434 | €870 | €434 | ▼ 50.1% |
| Recurring financial income75 | - | €4,052 | €4,474 | €1,658 | - | €434 | €870 | €434 | ▼ 50.1% |
| Financial charges65/66B | - | - | - | €735 | €3,997 | €12,270 | €9,798 | €8,546 | ▼ 12.8% |
| Recurring financial charges65 | €5,165 | €1,822 | €1,328 | €735 | €3,997 | €12,270 | €9,798 | €8,546 | ▼ 12.8% |
| Profit (loss) for the period before taxes9903 | €10,194 | €21,603 | -€4,518 | -€19,514 | -€40,070 | -€31,629 | €37 | €10,154 | ▲ 274× |
| Income taxes67/77 | €4,227 | €7,077 | -€1,907 | €518 | - | - | - | - | - |
| Profit (loss) for the period9904 | €5,967 | €14,526 | -€2,610 | -€20,032 | -€40,070 | -€31,629 | €37 | €10,154 | ▲ 274× |
| Profit (loss) for the period to be appropriated9905 | €5,967 | €14,526 | -€2,610 | -€20,032 | -€40,070 | -€31,629 | €37 | €10,154 | ▲ 274× |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €63,018 | €54,960 | €55,597 | €39,760 | €99,679 | €142,286 | €132,486 | €111,084 | ▼ 16.2% |
| Fixed assets21/28 | - | - | €985 | €738 | €45,732 | €43,242 | €34,891 | €37,252 | ▲ 6.8% |
| Intangible fixed assets21 | - | - | - | - | €20,180 | €21,569 | €19,080 | €18,651 | ▼ 2.2% |
| Tangible fixed assets22/27 | - | - | €622 | €375 | €25,189 | €21,311 | €15,448 | €18,238 | ▲ 18.1% |
| Plant, machinery and equipment23 | - | - | - | - | €25,062 | €20,079 | €14,792 | €18,158 | ▲ 22.8% |
| Furniture and vehicles24 | - | - | - | €375 | €127 | €1,231 | €656 | €80 | ▼ 87.7% |
| Financial fixed assets28 | - | - | €363 | €363 | €363 | €363 | €363 | €363 | = |
| Current assets29/58 | €63,018 | €54,960 | €54,612 | €39,022 | €53,947 | €99,044 | €97,596 | €73,832 | ▼ 24.3% |
| Stocks and contracts in progress3 | - | - | €3,431 | €8,500 | €12,206 | €37,684 | €41,522 | €30,267 | ▼ 27.1% |
| Stocks30/36 | - | - | - | €8,500 | €12,206 | €37,684 | €41,522 | €30,267 | ▼ 27.1% |
| Amounts receivable within one year40/41 | €63,018 | €54,960 | €51,096 | €28,000 | €41,625 | €60,926 | €55,231 | €38,744 | ▼ 29.9% |
| Trade receivables40 | - | - | - | €10,019 | €21,569 | €44,950 | €39,014 | €36,589 | ▼ 6.2% |
| Other amounts receivable41 | - | - | - | €17,980 | €20,056 | €15,975 | €16,216 | €2,155 | ▼ 86.7% |
| Cash at bank and in hand54/58 | - | - | - | €1,964 | - | €147 | €321 | €4,103 | ▲ 13× |
| Deferred charges and accrued income490/1 | - | - | - | €558 | €116 | €287 | €522 | €718 | ▲ 37.5% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €63,018 | €54,960 | €55,597 | €39,760 | €99,679 | €142,286 | €132,486 | €111,084 | ▼ 16.2% |
| Equity10/15 | €21,498 | €36,023 | €33,413 | €13,381 | -€26,689 | -€54,408 | €5,194 | €14,914 | ▲ 187% |
| Contributions10/11 | €6,200 | €6,200 | - | €6,200 | €6,200 | €6,200 | €66,200 | €66,200 | = |
| Reserves13 | €596 | €1,860 | €1,860 | €1,860 | - | - | - | - | - |
| Distributable reserves133 | - | - | - | €1,860 | - | - | - | - | - |
| Profit (loss) carried forward14 | €14,702 | €27,963 | €25,353 | €5,321 | -€32,889 | -€64,518 | -€64,481 | -€54,327 | ▲ 15.7% |
| Investment grants15 | - | - | - | - | - | €3,909 | €3,475 | €3,040 | ▼ 12.5% |
| Amounts payable17/49 | €41,520 | €18,936 | €22,184 | €26,379 | €126,368 | €196,694 | €127,292 | €96,170 | ▼ 24.4% |
| Amounts payable after more than one year17 | - | - | - | - | - | €25,000 | €8,333 | €9,199 | ▲ 10.4% |
| Financial debts170/4 | - | - | - | - | - | €25,000 | €8,333 | €9,199 | ▲ 10.4% |
| Amounts payable within one year42/48 | €41,520 | €18,936 | €21,618 | €26,270 | €124,399 | €164,937 | €116,996 | €86,070 | ▼ 26.4% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | - | €20,833 | €20,833 | €19,071 | ▼ 8.5% |
| Financial debts43 | - | - | - | €10,000 | €70,437 | €103,864 | €65,675 | €20,287 | ▼ 69.1% |
| Credit institutions430/8 | - | - | - | - | €30,437 | €43,864 | €65,675 | €20,287 | ▼ 69.1% |
| Other loans439 | - | - | - | €10,000 | €40,000 | €60,000 | - | - | - |
| Trade debts44 | €19,532 | €2,932 | €13,329 | €14,344 | €50,119 | €35,478 | €25,412 | €25,303 | ▼ 0.4% |
| Suppliers440/4 | - | - | - | €14,344 | €50,119 | €35,478 | €25,412 | €25,303 | ▼ 0.4% |
| Taxes, remuneration and social security45 | - | - | - | €1,926 | €3,843 | €4,761 | €5,075 | €6,775 | ▲ 33.5% |
| Taxes450/3 | - | - | - | €1,704 | - | €822 | - | €1,519 | - |
| Remuneration and social security454/9 | - | - | - | €221 | €3,843 | €3,939 | €5,075 | €5,256 | ▲ 3.6% |
| Other amounts payable47/48 | - | - | - | - | - | - | - | €14,635 | - |
| Accrued charges and deferred income492/3 | - | - | - | €109 | €1,969 | €6,758 | €1,963 | €901 | ▼ 54.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,967 | €14,526 | -€2,610 | -€20,032 | -€40,070 | -€31,629 | €37 | €10,154 | ▲ 274× |
| + Depreciation and write-downs630 | €1,445 | - | €121 | €248 | €2,185 | €8,363 | €8,352 | €9,646 | ▲ 15.5% |
| Operating cash flow (approximation) | €7,412 | €14,526 | -€2,489 | -€19,784 | -€37,885 | -€23,266 | €8,389 | €19,801 | ▲ 136% |
| Investment in fixed assets (approximation) | - | - | - | €0 | -€47,179 | -€5,873 | €0 | -€12,008 | - |
| Change in cash | - | - | - | - | - | - | €174 | €3,782 | ▲ 22× |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 5,053 companies had the same profile as CODIMAX has now. Two years later, 95.9% were still going and 1.6% had gone bankrupt.
- Micro
- 10 to 20 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
95.9%
was still going
2.4%
stopped otherwise
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of CODIMAX itself: 0.4% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 5,053 companies, not a prediction for CODIMAX. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 12 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 11-06-2026 | 2026-00153487 | |
| 31-12-2024 | micro format | 29-07-2025 | 2025-00338611 | |
| 31-12-2023 | micro format | 06-08-2024 | 2024-00340052 | |
| 31-12-2022 | micro format | 28-08-2023 | 2023-00368233 | |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20391115 | |
| 31-12-2020 | micro format | 29-09-2021 | 2021-69500295 | |
| 31-12-2019 | micro format | 02-10-2020 | 2020-58300151 | |
| 31-12-2018 | micro format | 23-08-2019 | 2019-49600131 | |
| 31-12-2017 | micro format | 28-08-2018 | 2018-53500434 | |
| 31-12-2016 | micro format | 31-08-2017 | 2017-60100413 |
Board & ownership
Directors
Directors
1 director, last change in 2025
VANDORMAEL Dimitri
Current
Director · listed in the 2025 annual accounts, filed on 11-06-2026
Owners and capital
Shareholders
1 ownerOwners 1
- Sourceaccounts FARRIERY 2025Equity €170,075 Profit of €47,961 in 2025 (profit of €47,321 in 2024) Checked score 8220.17%
Capital transactions
Shareholders according to the deeds
After the capital increase
act of 20-06-2024 ↗
- FARRIERY (BE 0544.438.234) 47 shares
Capital over time
- 20-06-2024 Capital increase of €60,000 · to €66,200 · 47 new shares at €1,276.59 per share · in cash
- 20-06-2024 Converted to unavailable equity · €66,200
Mandate history
2 people, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| VANDORMAEL Dimitri |
|
| Nicolas Macé de Gastines |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Personnes physiques ou morales, actionnaires ou non, 1”
Articles of association, deed of 20-06-2024 (in French)
Network & group
Companies at the same address
490 other companies- MAYS ISSA Registered office · since 2026 1044605767
- POINT OR Registered office · since 2026 1044380291
- CENTURION GROUP Registered office · since 2026 1043911822
- AC INTEGRATOR Registered office · since 2026 1042611626
- STOKE COFFEE Registered office · since 2026 1042498986
- ALL-D Registered office · since 2026 1041159495
- WHEEB GLOBAL Registered office · since 2026 1041139008
- MBS Registered office · since 2026 1040677663
- DENARIA EUROPE Registered office · since 2026 1040330443
- Ukraine Facility Platform Registered office · since 2026 1040020637
Connections & network
1 current directorThe network starts from the directors of CODIMAX. Every other company they run is a node.
This company
Company
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Shareholding
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Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
11-06
micro format · 50 days before the deadline
2025
29-07
micro format · 2 days before the deadline
06-06
Gazette deed
Resignation: Nicolas Macé de Gastines (director)3 points ▸
Gazette deed
Resignation: Nicolas Macé de Gastines (director)
3 points ▸
- General meeting, 09-01-2025
- Director resignation, Nicolas Macé de Gastines (director)
- Other provision, “décharge liée à l'exercice du mandat d'administrateur, en même temps que l'approbation des comptes annuels” (deed in French)
2024
31-12
Financial
Back to profitnet €37
The net result is €37, after 4 loss-making years.
06-08
micro format · 6 days late
20-06
Gazette deed
Capital increase of €60,000 to €66,200Bank account · Amendment of the articles · Capital conversion10 points ▸
Gazette deed
Capital increase of €60,000 to €66,200
Bank account · Amendment of the articles · Capital conversion10 points ▸
- General meeting, 17-05-2024
- Capital increase, €60,000
- Other provision, “actionnaires ci-avant nommés, renonciation aux droits de préférence et à la prime d'émission” (deed in French)
- Bank account, 03-05-2024
- Other provision, “administrateur, représentation de FARRIERY” (deed in French)
- Amendment of the articles
- Capital
- Capital conversion, “compte de capitaux propres indisponible” (deed in French)
- Board composition, VANDORMAEL Dimitri (director)
- Board composition, MACÉ DE GASTINES Nicolas Jacques Marie (director)
2023
28-08
micro format · 28 days late
2022
31-12
Financial
Weakest financial yearnet -€40,070
The net result drops to -€40,070, the lowest from 2018 to 2025. It recovers the following year.
31-08
micro format · 31 days late
2021
29-09
micro format · 60 days late
2020
02-10
micro format · 63 days late
2019
31-12
Financial
Highest result from 2018 to 2025net €14,526 ▲143%
The operating result of €19,373 and the net result of €14,526 are both a record.
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
CODIMAX in French
Enterprise number
0541.397.778
Legal form
Private limited company
Status
Active, normale toestand
Founded
24-10-2013
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 20-06-2024 (in French)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Région de Bruxelles Capitale, par simple décision de l’organe d’administration,des sièges administratifs,agences,ateliers,dépôts et…”
deed of 20-06-2024 (in French)Registered office and establishments
Registered office
Louizalaan 367, 1050 Brussel, Belgium
Establishment units
CODIMAX, Louizalaan 367, 1050 Brussel since 01-01-2022 · unit number 2.332.209.206
CODIMAX, Anemonenlaan 12, 1640 Sint-Genesius-Rode since 01-08-2023 · unit number 2.348.548.558
CODIMAX, Rue de Felgaut(Dong.) 1, 1370 Jodoigne since 06-01-2025 · unit number 2.372.466.976
CODIMAX SRL, Vaartdijk 40, 1070 Anderlecht since 24-06-2026 · unit number 2.390.464.436
Activities
NACEBEL 2025VAT activities
46349
Wholesale of beverages, general range
46389
Wholesale of other food products
Social security (RSZ) activities
46360
Wholesale trade main activity
Codes under NACEBEL 2008
VAT activities
46349
Wholesale of beverages, general range
Social security (RSZ) activities
46360
Wholesale trade main activity
Joint committee
200 Aanvullend Paritair Comité voor de bedienden annual accounts 2025
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 20-06-2024 (in French)
“L’achat,la vente,l’importation,l’exploitation et la fabrication ainsi que le commerce de gros et de détail de biscuits,de chocolats,de…”
21 activities
- L’achat,la vente,l’importation,l’exploitation et la fabrication ainsi que le commerce de gros et de détail de biscuits,de chocolats,de bonbons,de confiserie,de pâtisserie,d’autres produits alimentaires
- L’exploitation d’une chocolaterie
- La vente en boutique et par internet,de chocolats,confiseries,dragées,biscuits,confitures,thés et cafés,confiserie fine,miels,...
- La vente d’objets,contenants et accessoires liés à l'activité
- La vente tant au professionnel qu’au particulier
- La livraison des produits aux clients
- L’exploitation de magasin de d’alimentation,d’une boulangerie,d’une pâtisserie
- L'importation,l'exportation,l'achat et la vente,en gros,demi gros et détails de toutes marchandises,tous produits alimentaires,en ce compris produits alcoolisés ou non,la distribution,la commercialisation de tous produits alimentaires (réfrigérés et secs),marchandises,denrées alimentaires de toute provenance et vers toutes destinations,le commerce général et la représentation commerciale
- Vente des produits en lien avec l’alimentation,tels que des assiettes,entonnoirs,plateaux,produits divers,articles de cadeaux,…
- L’exploitation d’un magasin d’alimentation générale et/ou de grossiste alimentaire
- L’exploitation d’hôtels,restaurants,cafés,bars,et de façon générale tout établissement HORECA au sens large du terme
- La vente ambulante
- Le marketing,publicité des produits,à cet égard la société peut produire,réaliser ses propres spots/vidéos publicitaires
- Ecommerce de tout type de produits alimentaires ou non
- Gestion de bases de données sur tout support actuel ou futur
- L’organisation d’événement
- L’exploitation d’une chaine audiovisuelle sur tout support actuel et futur
- Vente à distance
- La vente,l’offre d’un bien ou la fourniture d’une prestation de service,conclue sans la présence physique simultanée des parties
- L’exploitation d’hôtels,bars,cafés,restaurant,sandwicherie
- Secteur de l’alimentation et de l’Horeca
Invoicing and payment
VAT number
BE 0541.397.778
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Monday of June at 10:00
deed of 20-06-2024 (in French)Sites & property
Location
Buildings and parcels at the addresses
Ground area
2.2 ha
Building footprint
7,919 m²
Building volume
124,225 m³
Tallest building: 34.0 m.
Flanders
1
(25%)
Wallonia
1
(25%)
Brussels
2
(50%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21306C0225/00B002 | Brussels | 2.0 ha | 1 · 7,326 m² | 26.2 m · 5 |
| 22552E0043/00M045 | Flanders | 1,358 m² | 1 · 161 m² | 9.0 m · 2 |
| 25027B0154/00F000 | Wallonia | 1,059 m² | 1 · 167 m² | 9.1 m · 2 |
| 21807G0211/00W012 | Brussels | 266 m² | 1 · 265 m² | 34.0 m · 5 |