CODINO
ActiveSummary
CODINO has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€15,077) and a net result of -€895. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 8% of 31942 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
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Signals
This company filed its last 7 accounts on average 48 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, micro schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 2,338 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 90% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a small loss
A further 1.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 2,338 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | €402 | €405 | €448 | €451 | €465 | ▲ 3.2% |
| Gross operating margin9900 | -€6,056 | -€4,284 | €10,736 | -€2,795 | -€280 | ▲ 90.0% |
| Operating profit (loss)9901 | -€6,458 | -€4,689 | €10,288 | -€3,246 | -€745 | ▲ 77.0% |
| Financial income75/76B | - | - | - | - | €0 | - |
| Recurring financial income75 | - | - | - | - | €0 | - |
| Financial charges65/66B | €145 | €164 | €120 | €135 | €150 | ▲ 11.1% |
| Recurring financial charges65 | €145 | €164 | €120 | €135 | €150 | ▲ 11.1% |
| Profit (loss) for the period before taxes9903 | -€6,603 | -€4,853 | €10,168 | -€3,381 | -€895 | ▲ 73.5% |
| Profit (loss) for the period9904 | -€6,603 | -€4,853 | €10,168 | -€3,381 | -€895 | ▲ 73.5% |
| Profit (loss) for the period to be appropriated9905 | -€6,603 | -€4,853 | €10,168 | -€3,381 | -€895 | ▲ 73.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2,074 | €153 | €64 | €280 | €94,408 | ▲ 33,562% |
| Fixed assets21/28 | - | - | - | - | €93,935 | - |
| Tangible fixed assets22/27 | - | - | - | - | €93,935 | - |
| Assets under construction and advance payments27 | - | - | - | - | €93,935 | - |
| Current assets29/58 | €2,074 | €153 | €64 | €280 | €473 | ▲ 68.6% |
| Stocks and contracts in progress3 | €1,800 | - | - | - | - | - |
| Stocks30/36 | €1,800 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €153 | €81 | €50 | €240 | - | - |
| Other amounts receivable41 | €153 | €81 | €50 | €240 | - | - |
| Cash at bank and in hand54/58 | €121 | €72 | €14 | €40 | €473 | ▲ 1,070% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2,074 | €153 | €64 | €280 | €94,408 | ▲ 33,562% |
| Equity10/15 | -€16,117 | -€20,970 | -€10,801 | -€14,182 | -€15,077 | ▼ 6.3% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | -€36,577 | -€41,430 | -€31,261 | -€34,642 | -€35,537 | ▼ 2.6% |
| Amounts payable17/49 | €18,191 | €21,123 | €10,865 | €14,463 | €109,484 | ▲ 657% |
| Amounts payable within one year42/48 | €18,191 | €21,123 | €10,865 | €14,463 | €109,484 | ▲ 657% |
| Trade debts44 | - | €46 | - | - | - | - |
| Suppliers440/4 | - | €46 | - | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | - | €63 | - |
| Taxes450/3 | - | - | - | - | €63 | - |
| Other amounts payable47/48 | €18,191 | €21,076 | €10,865 | €14,463 | €109,422 | ▲ 657% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€6,603 | -€4,853 | €10,168 | -€3,381 | -€895 | ▲ 73.5% |
| Operating cash flow (approximation) | -€6,603 | -€4,853 | €10,168 | -€3,381 | -€895 | ▲ 73.5% |
| Change in cash | - | -€50 | -€57 | €26 | €433 | ▲ 1,560% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53042B0087/00N021 | Wallonia | 464 m² | 1 · 75 m² | 12.1 m · 4 fl. |
Linked by address, not proof of ownership
Similar companies · same sector, comparable size
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.