CODIPACK

Active Public limited companyfounded 1990active for 35 yearsIndustrielaan 8, 2250 OlenKBO/BCE: BE 0442.051.566 subsidiary of IMBER#4 employer in Olen, Wholesale and retail trade sector

CODIPACK

Financial year 2025

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Annual accounts 2025

full format, filed on 31-07-2026, on the day of the deadline

€32.0m

▲ 7.1%

€2.3m

▼ 4.7%

€2.9m

▼ 3.3%

€2.6m

▲ 9.1%

47.2%

▼ 1.0 percentage points

1.80

▲ 0.00

In the rankings #4 employer in Olen, Wholesale and retail trade sector #7 company by total assets in Olen, Wholesale and retail trade sector #8 company by equity in Olen, Wholesale and retail trade sector

Money flows

of every €100 of turnover, €6.31 remains as profit in 2025

Balance sheet

balance sheet total €15.7m on 31-12-2025

What the company ownsHow it is paid for

in €m

Position in the sector

Compare with sector

47.2%

Higher than 62% of 5,068 companies in 2025.

1.80

Higher than 61% of 4,994 companies in 2025.

12.8%

Higher than 85% of 5,037 companies in 2025.

CODIPACK Middle half of the sector 80% of the sector Full accounts in retail trade (NACE 47)

Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter · Staff: top quarter

Staff

Men and women10% women

51.2 men and 5.5 women in full-time equivalents in 2025.

€82,071

Men €83,895, women €65,097 per full-time equivalent. Jobs differ, so this is not a pay gap.

+3 people

people who joined people who left

In 2025, 13 people joined and 10 left.

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Balance sheet: assets
`20/58`	15.7m	13.5m	13.7m	13.2m	9.7m	7.6m	7.1m	7.2m	6.7m	6.3m	4.5m	3.7m	3.2m	3.3m	3.1m	3.3m	2.7m	2.8m	3.3m	3.8m
`21/28`	1.5m	1.6m	1.1m	1.2m	1.2m	734,962	324,185	330,900	378,884	366,350	428,168	187,215	274,128	507,203	456,387	559,826	697,148	733,308	733,181	792,880
`21`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,757	7,327
`22/27`	1.5m	1.6m	1.1m	1.2m	1.2m	734,962	324,185	329,400	377,384	364,850	426,668	185,715	274,128	497,011	450,623	553,994	672,480	709,522	719,890	773,190
`22`	-	-	-	-	-	-	-	-	-	-	-	-	-	249,863	264,976	304,055	469,656	484,985	488,105	514,790
`23`	196,875	225,227	167,970	188,308	43,894	21,666	9,572	3,203	3,906	8,652	20,818	20,158	40,557	55,240	71,798	73,649	1,844	2,219	2,689	25,420
`24`	1.3m	1.3m	938,865	990,915	1.1m	713,296	314,613	326,198	373,477	356,198	405,850	165,557	233,570	191,908	113,849	176,290	200,980	222,318	229,096	232,980
`28`	0	1,125	1,125	1,125	-	-	0	1,500	1,500	1,500	1,500	1,500	-	10,192	5,764	5,831	24,668	23,786	7,534	12,363
`282/3`	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`284/8`	0	1,125	1,125	1,125	-	-	0	1,500	1,500	1,500	1,500	1,500	-	-	-	-	-	-	-	-
`285/8`	0	1,125	1,125	1,125	-	-	0	1,500	1,500	1,500	1,500	1,500	-	-	-	-	-	-	-	-
`29/58`	14.3m	11.9m	12.6m	12.0m	8.5m	6.9m	6.8m	6.9m	6.4m	5.9m	4.0m	3.5m	2.9m	2.8m	2.6m	2.7m	2.0m	2.1m	2.5m	3.0m
`3`	4.9m	3.9m	3.7m	3.9m	2.3m	1.8m	2.0m	1.8m	1.8m	1.6m	840,680	816,290	683,540	651,224	648,123	628,356	615,968	489,825	582,024	715,442
`30/36`	4.9m	3.9m	3.7m	3.9m	2.3m	1.8m	2.0m	1.8m	1.8m	1.6m	840,680	816,290	683,540	651,224	648,123	628,356	615,968	489,825	582,024	715,442
`30/31`	-	0	1,379	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`34`	4.9m	3.9m	3.7m	3.9m	2.3m	1.8m	2.0m	1.8m	1.8m	1.6m	840,680	816,290	683,540	-	-	-	-	-	-	-
`40/41`	7.7m	6.6m	6.9m	6.5m	5.3m	3.7m	3.7m	3.7m	3.6m	3.1m	2.4m	1.7m	2.0m	1.9m	1.7m	1.7m	861,452	954,933	1.2m	1.3m
`40`	7.7m	6.6m	6.9m	6.5m	5.3m	3.7m	3.7m	3.7m	3.6m	2.8m	2.4m	1.7m	1.9m	1.7m	1.5m	1.4m	853,452	951,649	1.0m	1.3m
`41`	4,445	10,014	3,579	871	474	0	45,556	45,500	95	236,283	-	4,155	154,789	207,560	202,880	304,071	8,000	3,284	105,004	35,191
`50/53`	-	-	-	-	-	-	-	-	-	-	-	18,827	-	-	-	-	-	300,000	-	443,000
`51/53`	-	-	-	-	-	-	-	-	-	-	-	18,827	-	-	-	-	-	-	-	-
`54/58`	1.8m	1.5m	1.9m	1.5m	900,771	1.4m	1.0m	1.3m	883,132	1.2m	790,300	956,503	195,859	267,364	273,405	334,759	549,375	356,303	784,336	442,418
`490/1`	4,056	13,939	101,469	101,935	17,375	36,647	39,474	118,640	60,287	102,145	7,556	8,032	7,855	7,995	8,284	12,079	17,455	83	1,966	34,033
Balance sheet: equity and liabilities
`10/49`	15.7m	13.5m	13.7m	13.2m	9.7m	7.6m	7.1m	7.2m	6.7m	6.3m	4.5m	3.7m	3.2m	3.3m	3.1m	3.3m	2.7m	2.8m	3.3m	3.8m
`10/15`	7.4m	6.5m	5.9m	4.7m	3.6m	2.6m	2.8m	2.0m	2.0m	1.9m	1.5m	1.6m	1.0m	1.3m	1.3m	1.3m	933,676	842,258	778,977	1.7m
`10/11`	96,845	96,845	96,845	96,845	96,845	96,845	96,845	96,845	96,845	-	78,245	78,245	78,245	96,678	96,678	96,678	96,678	96,678	96,678	96,678
`10`	96,845	96,845	96,845	96,845	96,845	-	-	-	-	96,845	-	-	-	-	-	-	-	-	-	-
`100`	96,845	96,845	96,845	96,845	96,845	96,845	96,845	96,845	96,845	96,845	78,245	78,245	78,245	96,678	96,678	96,678	96,678	96,678	96,678	96,678
`13`	7.3m	6.4m	5.8m	4.6m	3.5m	2.5m	2.7m	1.9m	1.9m	1.8m	1.4m	1.5m	969,231	1.2m	1.2m	1.2m	832,033	739,981	676,062	1.6m
`130/1`	9,684	9,684	9,684	9,684	9,684	9,684	-	-	-	-	-	-	-	-	-	-	-	-	-	4,382
`130`	9,684	9,684	9,684	9,684	9,684	9,684	9,684	9,684	9,684	9,684	7,824	7,824	7,824	9,668	9,668	9,668	9,668	9,668	9,668	9,668
`1319`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,382
`132`	74,258	74,258	74,258	74,258	74,258	74,258	74,258	74,258	74,258	74,447	58,898	317,011	67,366	83,181	88,138	91,030	63,159	63,028	63,782	63,782
`133`	7.3m	6.3m	5.7m	4.5m	3.4m	2.4m	2.7m	1.8m	1.8m	1.7m	1.3m	1.2m	894,041	1.1m	1.1m	1.1m	759,206	667,285	602,612	1.5m
`15`	-	-	-	-	-	-	-	-	-	-	-	-	-	3,060	3,695	4,330	4,964	5,599	6,237	6,947
`16`	-	-	-	-	-	-	-	-	-	98	484	2,087	4,844	14,092	16,917	18,948	5,230	35,890	6,550	6,855
`160/5`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	30,000	-	-
`168`	-	-	-	-	-	-	-	-	-	98	484	2,087	4,844	14,092	16,917	18,948	5,230	5,890	6,550	6,855
`17/49`	8.3m	7.0m	7.9m	8.5m	6.1m	5.0m	4.3m	5.2m	4.7m	4.4m	3.0m	2.1m	2.1m	2.0m	1.8m	2.0m	1.8m	2.0m	2.5m	2.1m
`17`	378,024	339,990	420,461	236,742	191,056	243,772	0	34,706	88,649	142,117	180,906	70,544	125,470	208,639	260,289	344,810	366,522	447,056	519,000	591,435
`170/4`	378,024	339,990	420,461	236,742	191,056	243,772	0	34,706	88,649	142,117	180,906	70,544	125,470	208,639	260,289	344,810	366,522	447,056	519,000	591,435
`173`	106,866	68,832	149,303	236,742	191,056	243,772	0	34,706	88,649	142,117	180,906	70,544	125,470	-	-	-	-	-	-	-
`174`	271,158	271,158	271,158	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`42/48`	7.9m	6.7m	7.4m	8.2m	5.9m	4.8m	4.3m	5.2m	4.6m	4.2m	2.8m	2.1m	2.0m	1.8m	1.5m	1.6m	1.4m	1.5m	1.9m	1.5m
`42`	65,592	80,471	143,821	133,598	86,075	6,159	34,706	53,942	53,468	59,843	76,668	54,926	66,499	106,707	97,177	113,629	116,581	127,444	141,319	145,868
`43`	113,407	135,107	235,224	233,557	100,123	100,110	100,110	75,093	62,578	-	37,609	-	-	41,888	33,333	-	-	-	25,344	-
`430/8`	113,407	135,107	235,224	233,557	100,123	100,110	100,110	75,093	62,578	-	37,609	-	-	41,888	33,333	-	-	-	25,344	-
`44`	4.3m	2.7m	3.8m	4.8m	3.2m	2.3m	2.1m	2.1m	2.6m	2.6m	1.6m	1.5m	1.1m	895,617	922,025	846,041	965,050	821,211	1.0m	995,346
`440/4`	4.3m	2.7m	3.8m	4.8m	3.2m	2.3m	2.1m	2.1m	2.6m	2.6m	1.6m	1.5m	1.1m	895,617	922,025	846,041	965,050	821,211	1.0m	995,346
`46`	846,644	867,275	1.2m	884,261	705,092	667,736	611,493	768,859	446,694	618,343	239,397	59,019	159,254	387,174	64,127	313,464	81,696	94,569	91,697	137,994
`45`	1.3m	1.5m	1.3m	1.0m	814,265	661,463	647,968	724,724	743,387	299,762	241,093	262,764	203,637	180,760	250,845	198,644	207,703	222,575	232,478	186,331
`450/3`	762,307	985,177	786,082	537,698	389,031	240,620	265,147	312,388	310,379	24,960	70,998	103,553	61,623	27,011	90,350	54,535	69,003	78,627	79,639	48,529
`454/9`	540,128	473,109	508,707	511,290	425,234	420,843	382,822	412,336	433,008	274,802	170,096	159,211	142,014	153,749	160,495	144,109	138,700	143,948	152,839	137,803
`47/48`	1.3m	1.4m	793,612	1.0m	1.0m	1.0m	725,305	1.5m	760,500	700,000	600,000	150,000	450,000	200,000	175,000	175,000	64,941	243,449	428,273	14,027
`492/3`	-	-	0	66,523	-	-	-	-	-	-	-	-	-	-	1,082	-	-	-	-	1,205
Income statement
`70/76A`	32.3m	30.2m	28.7m	28.5m	23.3m	19.8m	19.9m	19.6m	18.8m	17.0m	12.2m	11.9m	11.6m	-	-	-	-	-	-	-
`70`	32.0m	29.9m	28.5m	28.3m	23.2m	19.7m	19.8m	19.4m	18.6m	16.9m	12.1m	11.8m	11.5m	-	-	-	-	6.3m	-	6.3m
`74`	256,608	293,556	223,316	164,252	165,336	-	-	-	-	188,564	-	-	-	-	-	-	-	-	-	-
`76A`	10,012	3,801	19,237	8,207	5,959	3,455	1,210	15,791	1,859	-	6,236	9,913	5,500	12,335	-	274,301	1,653	2,066	2,111	15,213
`9900`	-	-	-	-	-	-	-	-	-	-	-	-	-	2.1m	1.9m	1.8m	1.8m	1.7m	1.8m	1.7m
`60/66A`	30.0m	27.8m	26.6m	27.1m	22.1m	18.8m	18.7m	18.5m	17.4m	15.6m	11.4m	10.8m	10.9m	-	-	-	-	-	-	-
`60/61`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4.7m	-	4.6m
`60`	20.9m	19.2m	19.2m	19.9m	15.7m	13.1m	12.9m	12.8m	11.9m	10.9m	7.9m	7.6m	7.7m	-	-	-	-	-	-	-
`600/8`	21.8m	19.4m	19.0m	21.5m	16.2m	12.9m	13.1m	12.8m	12.1m	11.6m	7.9m	7.7m	7.7m	-	-	-	-	-	-	-
`609`	-986,089	-146,243	207,155	-1.6m	-494,464	140,389	-177,344	21,112	-260,883	-689,997	-24,390	-132,750	-32,316	-	-	-	-	-	-	-
`61`	3.8m	3.8m	2.8m	2.7m	2.5m	2.4m	2.4m	2.4m	2.3m	2.1m	1.7m	1.5m	1.6m	-	-	-	-	-	-	-
`62`	4.7m	4.2m	4.0m	3.9m	3.5m	3.1m	3.2m	3.1m	3.1m	2.4m	1.7m	1.6m	1.5m	1.5m	1.3m	1.1m	1.2m	1.2m	1.2m	1.2m
`630`	596,311	580,824	547,842	530,067	368,918	175,064	100,783	98,720	94,885	127,506	116,993	120,757	135,005	183,827	201,733	270,861	191,804	178,220	202,373	221,171
`631/4`	7,571	-14,507	3,562	16,885	859	3,515	1,242	-590	1,187	3,047	-4,580	-	1,506	-	5,658	-1,618	199	-	-3,161	-2,150
`635/8`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-30,000	30,000	-	-
`640/8`	64,925	30,862	26,099	17,349	15,924	15,343	14,261	19,831	20,353	16,696	16,578	12,432	25,614	17,318	16,050	17,895	16,131	19,460	23,400	35,279
`66A`	0	196	2,416	-	0	500	3,673	1,471	6,201	-	-	-	-	-	-	-	3,887	3,070	721	-
`9901`	2.3m	2.4m	2.1m	1.4m	1.3m	1.1m	1.2m	1.0m	1.4m	1.4m	794,704	1.0m	739,228	357,718	342,892	393,077	339,023	257,178	361,985	217,114
`75/76B`	551,744	167,912	475,412	221,185	126,573	69,444	83,907	82,003	71,631	71,140	45,290	40,496	55,750	19,462	21,182	20,382	166,207	59,107	70,203	37,373
`75`	551,744	167,912	475,412	221,185	126,573	69,444	83,907	82,003	71,631	71,140	45,290	40,496	55,750	19,462	21,182	20,382	166,207	59,107	70,203	37,373
`750`	-	-	-	-	-	-	-	-	-	-	1,253	-	-	-	-	-	-	-	-	-
`751`	-	0	37,951	-	-	-	-	-	5	1,640	24	4,058	7,399	-	-	-	-	-	-	-
`752/9`	551,744	167,912	437,461	221,185	126,573	69,444	83,907	82,003	71,626	69,500	44,013	36,439	48,350	-	-	-	-	-	-	-
`65/66B`	64,758	64,162	61,928	54,992	34,100	57,340	51,973	41,302	33,391	31,883	53,976	125,361	38,638	52,322	45,465	33,271	41,546	42,642	53,515	65,404
`65`	64,758	64,162	61,928	54,992	34,100	57,340	51,973	41,302	33,391	31,883	53,976	125,361	38,638	52,322	45,465	33,271	41,546	42,642	53,515	65,404
`650`	34,585	30,377	38,332	29,502	9,773	15,189	22,126	15,052	12,463	14,208	14,241	17,762	27,293	-	-	-	-	-	-	-
`651`	-	-	-	-	-	-	-	-	-	-	-	83,173	-	-	-	-	-	-	-	-
`652/9`	30,173	33,785	23,596	25,490	24,326	42,151	29,847	26,250	20,928	17,675	39,735	24,427	11,346	-	-	-	-	-	-	-
`9903`	2.8m	2.5m	2.5m	1.6m	1.4m	1.1m	1.2m	1.1m	1.5m	1.4m	792,254	959,429	761,839	337,193	318,609	654,489	461,451	272,639	380,062	204,296
`780`	-	-	-	-	-	-	-	-	-	386	-	-	-	-	-	-	-	-	-	-
`67/77`	759,793	692,396	698,001	436,877	384,382	307,923	399,944	354,347	586,658	480,176	293,294	291,591	320,107	128,311	117,885	140,647	104,857	72,880	151,162	52,299
`670/3`	763,500	700,000	698,001	436,877	384,382	308,000	400,000	354,500	586,658	480,176	293,505	292,133	321,239	-	-	-	-	-	-	-
`77`	3,707	7,604	-	-	0	77	56	153	-	-	211	542	1,132	-	-	-	-	-	-	-
`9904`	2.0m	1.8m	1.8m	1.1m	981,545	768,769	813,830	702,798	869,571	969,218	500,562	670,595	444,789	211,707	202,756	500,123	357,253	200,419	229,204	148,450
`789`	-	-	-	-	-	-	-	-	189	751	3,113	5,355	5,937	4,957	3,417	753	753	753	-	-
`689`	-	-	-	-	-	-	-	-	-	-	-	255,000	-	-	526	28,624	884	-	-	7,532
`9905`	2.0m	1.8m	1.8m	1.1m	981,545	768,769	813,830	702,798	869,761	969,969	503,675	420,950	450,726	216,663	205,647	472,253	357,122	201,172	229,204	140,919
Appropriation of the result
`9906`	2.0m	1.8m	1.8m	1.1m	981,545	768,769	813,830	702,798	869,761	969,969	503,675	420,950	450,726	216,663	205,647	472,253	357,122	201,172	229,204	140,919
`791/2`	-	-	-	-	0	231,231	-	-	-	-	100,000	-	-	-	-	175,000	265,200	-	933,333	-
`792`	-	-	-	-	0	231,231	-	-	-	-	100,000	-	-	-	-	-	-	-	-	-
`691/2`	922,641	620,212	1.2m	1.1m	981,545	0	813,830	2,798	109,261	269,969	3,675	270,950	726	16,663	30,647	472,253	357,122	64,672	34,204	140,919
`6921`	922,641	620,212	1.2m	1.1m	981,545	0	813,830	2,798	109,261	269,969	3,675	270,950	726	16,663	30,647	472,253	357,122	64,672	34,204	140,919
`694/7`	1.1m	1.2m	625,000	-	0	1.0m	0	700,000	760,500	700,000	600,000	150,000	450,000	200,000	175,000	175,000	265,200	136,500	1.1m	-
`694`	1.1m	1.2m	625,000	-	0	1.0m	0	700,000	760,500	700,000	600,000	150,000	450,000	200,000	175,000	175,000	265,200	136,500	1.1m	-
Social balance sheet
`9087`	56.7	51.9	51.5	54.3	50.9	46.6	45.1	47.8	50.8	29.3	28.6	27.2	25.2	27.8	26.6	22.8	23.4	23.6	23.7	20.7
Men (FTE)`1003`	51.2	46.2	47.5	48.7	45.1	41.6	40.8	43.8	45.8	-	24.6	22.7	19.6	-	-	-	-	-	-	-
Women (FTE)`1003`	5.5	5.7	4	5.6	5.8	5	4.3	4	5	-	4	4.5	5.6	-	-	-	-	-	-	-
Hours worked`1013`	95,948	88,574	85,258	92,475	85,856	75,895	75,915	79,387	73,779	-	48,112	45,582	43,052	46,364	43,462	38,184	38,679	40,152	39,183	35,263
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

The accounts for 15 older financial years (1991-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 64 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 31-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

Financial year	Type	Filed	Reference	Document
31-12-2025	full format	31-07-2026	2026-00377895	PDF
31-12-2024	full format	17-07-2025	2025-00317174	PDF
31-12-2023	full format	31-07-2024	2024-00324580	PDF
31-12-2022	full format	11-08-2023	2023-00325249	PDF
31-12-2021	full format	29-07-2022	2022-20272003	PDF
31-12-2020	full format	26-07-2021	2021-40400568	PDF
31-12-2019	full format	30-07-2020	2020-39300039	PDF
31-12-2018	full format	04-07-2019	2019-29200070	PDF
31-12-2017	full format	04-07-2018	2018-29400010	PDF
31-12-2016	full format	28-07-2017	2017-40700559	PDF
31-12-2015	full format	30-06-2016	2016-26300066	PDF
31-12-2014	full format	13-07-2015	2015-30400412	PDF
31-12-2013	full format	04-07-2014	2014-27800071	PDF
31-12-2012	abbreviated format	04-07-2013	2013-27400342	PDF
31-12-2011	abbreviated format	05-07-2012	2012-26900069	PDF
31-12-2010	abbreviated format	30-06-2011	2011-25100391	PDF
31-12-2009	abbreviated format	03-06-2010	2010-15400117	PDF
31-12-2008	abbreviated format	03-08-2009	2009-53500373	PDF
31-12-2007	abbreviated format	26-08-2008	2008-63900318	PDF
31-12-2006	abbreviated format	07-08-2007	2007-54500297	PDF
31-12-2005	abbreviated format	14-06-2006	2006-24404672	PDF
31-12-2004	abbreviated format	08-08-2005	2005-63502157	PDF
31-12-2003	abbreviated format	17-08-2004	2004-60102572	PDF
31-12-2002	abbreviated format	07-08-2003	2003-60600084	PDF
31-12-2001	abbreviated format	05-07-2002	2002-34500965	PDF
31-12-2000	abbreviated format	06-08-2001	2001-48304690	PDF
31-12-1999	abbreviated format	14-08-2000	2000-51301990	PDF
31-12-1998	abbreviated format	29-07-1999	1999-38002310	PDF
31-12-1997	abbreviated format	18-08-1998	1998-40803355	PDF
31-12-1996	abbreviated format	09-07-1997	1997-28804127	PDF
31-12-1995	abbreviated format	13-06-1996	1996-16002144	PDF
31-12-1994	abbreviated format	12-06-1995	1995-23100160	PDF
31-12-1993	abbreviated format	28-06-1994	1994-21203907	PDF
31-12-1992	abbreviated format	10-11-1993	1993-42603474	PDF
31-12-1991	abbreviated format	25-06-1992	1992-14802393	PDF

Subsidies and aid

Flemish government 2022 to 2025, 3 entries, €10,713 awarded, €4,614 paid

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

€10,713

Year	Entries	Awarded	Paid
2025	1	€6,288	€2,289
2024	1	€2,100	€0
2022	1	€2,325	€2,325

Key figures and ratios

per financial year, computed from the annual accounts

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
2.9m	3.0m	2.6m	1.9m	1.6m	1.2m	1.3m	1.1m	1.5m	1.5m	911,697	1.2m	874,233	541,545	544,626	663,937	530,827	435,398	564,357	438,285
2.6m	2.4m	2.3m	1.7m	1.4m	943,833	914,613	801,518	964,457	1.1m	617,555	791,352	579,795	395,533	404,489	770,984	549,057	378,639	431,577	369,621
505,991	1.0m	530,719	559,539	795,187	589,078	102,490	54,274	128,395	215,405	357,947	32,344	161,984	234,643	98,362	369,317	173,531	211,890	158,863	194,727
316,100	-476,960	443,316	592,293	-465,350	326,802	-237,800	393,986	-326,828	419,660	-166,203	760,644	-71,505	-6,041	-61,354	-214,616	193,072	-428,033	341,918	-
6.4m	5.3m	5.2m	3.8m	2.6m	2.1m	2.5m	1.7m	1.7m	1.7m	1.2m	1.5m	903,663	1.0m	1.1m	1.1m	608,280	591,896	571,347	1.5m
7.2%	8.1%	7.3%	5.0%	5.5%	5.4%	6.0%	5.2%	7.6%	8.4%	6.6%	8.8%	6.4%	-	-	-	-	4.1%	-	3.5%
47.2%	48.2%	42.9%	35.8%	37.0%	34.2%	40.0%	27.9%	29.9%	30.4%	32.9%	42.4%	33.1%	38.9%	41.4%	38.5%	34.1%	29.7%	23.9%	44.7%
1.80	1.80	1.70	1.47	1.44	1.44	1.59	1.33	1.37	1.40	1.43	1.71	1.45	1.56	1.72	1.64	1.42	1.39	1.29	2.00
1.19	1.21	1.20	0.99	1.05	1.06	1.13	0.99	0.98	1.03	1.14	1.31	1.11	1.20	1.30	1.26	0.99	1.07	0.99	1.52
1.12	1.07	1.33	1.79	1.70	1.93	1.50	2.58	2.34	2.29	2.04	1.36	2.02	1.56	1.40	1.58	1.93	2.32	3.17	1.23
27.2%	28.0%	30.5%	24.0%	27.4%	29.5%	28.7%	34.8%	43.1%	50.8%	34.1%	42.8%	42.5%	16.3%	15.8%	39.8%	38.3%	23.8%	29.4%	8.8%
12.8%	13.5%	13.1%	8.6%	10.1%	10.1%	11.5%	9.7%	12.9%	15.4%	11.2%	18.1%	14.0%	6.4%	6.5%	15.3%	13.0%	7.1%	7.0%	4.0%
83.61	98.42	68.55	65.51	over 100	81.62	57.97	74.09	over 100	over 100	64.02	65.04	32.03	-	-	-	-	-	-	-
87 days	81 days	88 days	83 days	83 days	68 days	68 days	69 days	71 days	61 days	72 days	53 days	59 days	-	-	-	-	55 days	-	75 days
64 days	43 days	63 days	78 days	64 days	55 days	51 days	50 days	66 days	71 days	62 days	61 days	44 days	-	-	-	-	63 days	-	79 days

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Revenue breakdown

as filed

By activity 2019

Goederen €14,700,39974.3%
Diensten €5,080,63325.7%

Total €19,781,031

Source: 2019 accounts, page 16, filing 2020-39300039

By geographic market 2019

België €15,148,30276.6%
Europa €4,370,99622.1%
Buiten Europa €261,7331.3%

Total €19,781,031

Source: 2019 accounts, page 16, filing 2020-39300039

All years (2018 to 2019)

By activity

By activity	2018	2019
Goederen	€16,740,247	€14,700,399
Diensten	€2,670,255	€5,080,633
Total	€19,410,502	€19,781,031

By geographic market

By geographic market	2018	2019
België	€14,683,180	€15,148,302
Europa	€4,577,616	€4,370,996
Buiten Europa	€149,706	€261,733
Total	€19,410,502	€19,781,031

Social balance sheet

Item	31-12-2025	31-12-2024	31-12-2023	31-12-2022	31-12-2021
Employees at the balance-sheet date	60	57	49	53	52
full-time	54	54	48	51	50
part-time	6	3	1	2	2
in full-time equivalents	58.9	56.2	48.5	52.6	51.6
	56.7	51.9	51.5	54.3	50.9
On a permanent contract	60	57	49	53	52
Joined	13	17	5	14	21
Left	10	9	9	13	18
Training hours	-	-	-	288	-

Source: social balance sheet in the 2021 to 2025 annual accounts

Securities and guarantees

on own assets and for others

Item	2025	2024	2023	2022	2021
Debts secured on the company's own assets	€285,865	€193,207	€293,124	€370,340	€277,131
Mandates to pledge the business	€123,947	€123,947	€123,947	€123,947	€123,947
Pledge on other assets, amount secured	€400,000	€400,000	€400,000	€400,000	€400,000
Carrying value of the other pledged assets	€515,679	€565,243	€526,865	€622,756	€777,948

Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired

Item	2025	2024	2023	2022	2021
Tangible fixed assets	€505,991	€1.0m	€530,719	€559,539	€795,187
	€596,311	€580,824	€547,842	€530,067	€368,918

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Auditor

fees

The auditor is PKF Bofidi Audit.

Item	2025	2024	2023	2022	2021
Fee for the audit	€8,698	€8,500	€7,540	€7,488	€6,785

Source: notes to the 2021 to 2025 annual accounts (relations with the auditor)

Insights on CODIPACK

The operating result for 2025 is 5% lower than in 2024.

Debt's share of the balance-sheet total rises from 51.8% to 52.8%. Equity and debt are higher.

Next steps

Work out how much credit to give this customer and on what payment terms.Credit check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed

Annual accounts 2025

Money flows

Balance sheet

Change in equityin €m

Change in cashin €m

Position in the sector

Solvency47.2%

Current ratio1.80

Return on assets12.8%

Staff

Men and women10% women

Staff cost per FTE€82,071

Joined and left+3 people

Filed annual accounts

Filings

Subsidies and aid

Flemish government 2022 to 2025, 3 entries, €10,713 awarded, €4,614 paid

Key figures and ratios

Revenue breakdown

By activity 2019

By geographic market 2019

By activity

By geographic market

Social balance sheet

Securities and guarantees

Investments

Auditor

Insights on CODIPACK

Next steps

in €m

in €m

47.2%

1.80

12.8%

€82,071

+3 people