Codimmo-Sablons
ActiveSummary
Codimmo-Sablons has been active since 1983 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €623,605 and a net result of -€38,577. Equity is shrinking by about 4.1% per year across the filed financial years. Its solvency ranks better than 94% of 5,767 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
- Equity
- €623,605
- Loss
- -€38,577
Why 95raises riskLoss of €38,577, the second in a row (financial year 2025)lowers riskLiquidity: current ratio 24.34, cash €341,987Equity €623,605 (97.7% of total assets)Size: total assets €638,416Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 68, micro): better than 91% on solvency, 98% on liquidity, 14% on profitability and 33% on growth.
The bankruptcy probability was computed on 27-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 47 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · full…
- Annual accounts filedfinancial year 2024 · full…
- Resignations: DESCAMPS Claude (director) and DESCAMPS…Appointment: DESCAMPS Danièle (sole director)…
Financials · financial year 2025, full format
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result stays negative: a loss of €38,350 in 2025 against €33,264 in 2024; the loss grows and 2025 has the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 8,617 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94.2% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a small loss
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 8,617 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €55,296 | €55,296 | €46,013 | €45,207 | €32,726 | €32,726 | €32,726 | = |
| Other operating charges640/8 | - | - | - | €12,879 | €13,059 | €10,987 | €12,214 | ▲ 11.2% |
| Gross operating margin9900 | €11,989 | €387 | €61,437 | €25,438 | €23,055 | €10,449 | €6,590 | ▼ 36.9% |
| Operating profit (loss)9901 | -€49,815 | -€66,169 | €2,560 | -€32,649 | -€22,729 | -€33,264 | -€38,350 | ▼ 15.3% |
| Financial income75/76B | - | - | - | - | €0 | - | - | - |
| Recurring financial income75 | - | - | - | - | €0 | - | - | - |
| Financial charges65/66B | - | - | - | €217 | €213 | €176 | €228 | ▲ 29.6% |
| Recurring financial charges65 | €339 | €147 | €108 | €217 | €213 | €176 | €228 | ▲ 29.6% |
| Profit (loss) for the period before taxes9903 | -€50,154 | -€66,316 | €2,451 | -€32,866 | -€22,942 | -€33,440 | -€38,577 | ▼ 15.4% |
| Profit (loss) for the period9904 | -€50,154 | -€66,316 | €2,451 | -€32,866 | -€22,942 | -€33,440 | -€38,577 | ▼ 15.4% |
| Profit (loss) for the period to be appropriated9905 | -€50,154 | -€66,316 | €2,451 | -€32,866 | -€22,942 | -€33,440 | -€38,577 | ▼ 15.4% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €1.0m | €1.0m | €0.8m | €0.7m | €0.7m | €0.7m | €0.6m | ▼ 5.6% |
| Fixed assets21/28 | €0.8m | €0.7m | €0.4m | €0.4m | €0.3m | €0.3m | €0.3m | ▼ 10.5% |
| Tangible fixed assets22/27 | €0.8m | €0.7m | €0.4m | €0.4m | €0.3m | €0.3m | €0.3m | ▼ 10.5% |
| Land and buildings22 | - | - | - | €0.4m | €0.3m | €0.3m | €0.3m | ▼ 10.5% |
| Current assets29/58 | €0.2m | €0.2m | €0.3m | €0.4m | €0.4m | €0.4m | €0.4m | ▼ 1.4% |
| Amounts receivable within one year40/41 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Other amounts receivable41 | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Cash at bank and in hand54/58 | €0.2m | €0.2m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | ▼ 1.5% |
| Deferred charges and accrued income490/1 | - | - | - | €0.01m | €0.003m | €0.002m | €0.002m | ▲ 2.2% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €1.0m | €1.0m | €0.8m | €0.7m | €0.7m | €0.7m | €0.6m | ▼ 5.6% |
| Equity10/15 | €0.8m | €0.7m | €0.8m | €0.7m | €0.7m | €0.7m | €0.6m | ▼ 5.8% |
| Contributions10/11 | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Capital10 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Issued capital100 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Reserves13 | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | = |
| Non-distributable reserves130/1 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Legal reserve130 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Tax-exempt reserves132 | - | - | - | €124 | €124 | €124 | €124 | = |
| Distributable reserves133 | - | - | - | €0.4m | €0.4m | €0.4m | €0.4m | = |
| Profit (loss) carried forward14 | €0.3m | €0.3m | €0.3m | €0.3m | €0.2m | €0.2m | €0.2m | ▼ 19.6% |
| Amounts payable17/49 | €0.2m | €0.2m | €0.02m | €0.009m | €0.01m | €0.01m | €0.01m | ▲ 5.9% |
| Amounts payable within one year42/48 | €0.2m | €0.2m | €0.02m | €0.009m | €0.01m | €0.01m | €0.01m | ▲ 5.9% |
| Trade debts44 | €0.004m | €0.001m | €0.001m | €0.002m | €0.001m | €0.002m | €0.001m | ▼ 35.2% |
| Suppliers440/4 | - | - | - | €0.002m | €0.001m | €0.002m | €0.001m | ▼ 35.2% |
| Other amounts payable47/48 | - | - | - | €0.007m | €0.009m | €0.01m | €0.01m | ▲ 13.2% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€50,154 | -€66,316 | €2,451 | -€32,866 | -€22,942 | -€33,440 | -€38,577 | ▼ 15.4% |
| + Depreciation and write-downs630 | €55,296 | €55,296 | €46,013 | €45,207 | €32,726 | €32,726 | €32,726 | = |
| Operating cash flow (approximation) | €5,142 | -€11,020 | €48,464 | €12,341 | €9,784 | -€714 | -€5,852 | ▼ 719% |
| Investment in fixed assets (approximation) | - | €0 | €279,772 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€11,062 | €108,352 | -€3,614 | €20,093 | €4,434 | -€5,063 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 42 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-06-2025 | full format | 09-12-2025 | 2025-00578324 |
| 30-06-2024 | full format | 09-12-2024 | 2024-00612003 |
| 30-06-2023 | full format | 12-12-2023 | 2023-00527274 |
| 30-06-2022 | full format | 20-12-2022 | 2022-20540892 |
| 30-06-2021 | full format | 22-12-2021 | 2021-81200465 |
| 30-06-2020 | full format | 21-12-2020 | 2020-76400367 |
| 30-06-2019 | full format | 13-12-2019 | 2019-76100327 |
| 30-06-2018 | full format | 24-01-2019 | 2019-02100409 |
| 30-06-2017 | micro format | 30-12-2017 | 2017-73700280 |
| 30-06-2016 | abbreviated format | 31-01-2017 | 2017-03200323 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| DESCAMPS Danièle |
|
| DESCAMPS Claude |
|
Owners and capital
Capital and shareholders
- 09-04-2024 Capital stated in the deed · €61,500 · 14,924 shares
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
09-04
Gazette deed
Resignations: DESCAMPS Claude (director) and DESCAMPS Danièle (director)Appointment: DESCAMPS Danièle (sole director) · Amendment of the articles · Capital8 facts ▸
- General meeting, 26-01-2024
- Amendment of the articles (2 times)
- Capital, “euros 61.500” (deed in French)
- Director resignation, DESCAMPS Claude (director)
- Director resignation, DESCAMPS Danièle (director)
- Director appointment, DESCAMPS Danièle (sole director)
- Other provision, “exécution mandat, décharge administrateurs démissionnaires” (deed in French)
- Registered office clause, “Chemin de la Ferme Renard 3, Lasne” (deed in French)
About the unread acts
Of the 7 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 6 have not been read yet: what they contain is neither established nor disproved here.
Register details
No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.
What can you do?
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 27 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 25051H0188/00D000 | Wallonia | 1,017 m² | 1 · 236 m² | 6.3 m · 2 |
How the parcels are linked
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- CODIMMO-SABLONS
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “1, organe d’administration” (deed in French)“Administrateur, gratuitement sauf décision contraire de l’assemblée générale” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Friday of December at 18:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Dissolution pour quelque raison que ce soit à n’importe quel moment, assemblée générale” (deed in French)“Liquidateurs, majorité des voix” (deed in French)