CODIS · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of CODIS is 0.1% (very low). The 2025 annual accounts show equity of €310k and a net result of €8k. Equity is growing by ~2.7% per year across the filed fiscal years. Its solvency ranks better than 95% of 176 sector peers (fiscal year 2025). The company has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.

Signals

2 signals · with evidence

Strong solvency vs sector

Solvency is in the sector's strongest quartile: better than 95% of 176 peers (2025). A comfortable equity buffer.

View the sector comparison

Consistently profitable

Positive net result in the two most recent financial years (2024 and 2025).

View the result trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide

Latest accounts filed on time

The financial year that closed on 31-07-2025 was due by 28-02-2026 and was filed on 15-11-2025, 105 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.

The next deadline is still running

The next financial year closes on 31-07-2026 and is due by 28-02-2027. Nothing is late today.

How we compute the deadline

The year end is derived from 10 filed financial years, each closing on 31-07. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-07-2025, that is 28-02-2026.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
31-07-2025	28-02-2026	15-11-2025	105 d early	2025-00566687
31-07-2024	28-02-2025	15-11-2024	105 d early	2024-00600504
31-07-2023	29-02-2024	19-11-2023	102 d early	2023-00513195
31-07-2022	28-02-2023	12-11-2022	108 d early	2022-20519081
31-07-2021	28-02-2022	15-11-2021	105 d early	2021-77200432
31-07-2020	28-02-2021	17-11-2020	103 d early	2020-70900566
31-07-2019	29-02-2020	19-11-2019	102 d early	2019-73900178
31-07-2018	28-02-2019	22-11-2018	98 d early	2018-72700108
31-07-2017	28-02-2018	20-11-2017	100 d early	2017-69900323
31-07-2016	28-02-2017	17-11-2016	103 d early	2016-68000262

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals

Long-established

Founded in 2000, 25 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

0.1% Very low

0%0,5%1,5%4%10%≥25%

Lower-failure-rate sector −Long track record −Annual accounts: healthy financial profile −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

Turnover€46k+1.8%

EBIT margin17.9%-7.9pp

Net result€8k+14.2%

Working capital€161k+13.1%

CSV export

Annual accounts & ratios

Source: NBB · 2025

Annual accounts filed on 15-11-2025 with the NBB · fiscal year 2025 · verkort

RevenueOperating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

growing Equity: growth of ~2.7%/year over 7 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2025 · NACE 62, Computer programming & consultancy · compared within the same schema type (abbreviated schema)

Metric	This company	Sector median	Position in the sector
Solvency	99.4%	36.7%	better than 95% of 176 sector peers
Net result	€8k	€28k	better than 33% of 176 sector peers
Equity	€310k	€99k	better than 70% of 176 sector peers
Gross operating margin	€26k	€86k	better than 23% of 176 sector peers
Total assets	€312k	€388k	better than 46% of 176 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Sector position over time

Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).

Solvency P95

Stable position over 2020-2025 · n=143-561

Net result P33

Stable position over 2020-2025 · n=143-561

Equity P70

Improving position over 2020-2025 · n=143-561

Gross operating margin P23

Stable position over 2020-2025 · n=143-560

Describes the position versus peers, not a forecast.

Revenue

€46k

+1.8% 19-25

EBITDA

€23k

+33.0% 19-25

Net profit

€8k

+14.2% 19-25

Cash flow

€23k

+77.9% 19-25

Total assets

€312k

+2.4% 19-25

Equity

€310k

+2.7% 19-25

Working capital

€161k

+13.1% 19-25

Income taxes

€2k

-70.7% 19-25

Debt

€2k

-34.3% 19-25

Debt ≤ 1y

€2k

-34.3% 19-25

Current ratio

85.89

+70.8% 19-25

Quick ratio

85.89

+70.8% 19-25

Solvency

99.4%

+0.3% 19-25

Debt / equity

0.01

-36.0% 19-25

ROE

2.7%

+11.2% 19-25

ROA

2.6%

+11.6% 19-25

Net margin

17.9%

+12.2% 19-25

EBITDA margin

50.8%

+30.6% 19-25

Interest coverage

131.81

+98.8% 19-25

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2025
Deposit	verkort
Revenue	€46k
EBITDA	€23k
Net profit	€8k
Cash flow	€23k
Staff costs	-
Income taxes	€2k
Dividends	-
Total assets	€312k
Equity	€310k
Debt	€2k
of which ≤ 1y	€2k
of which > 1y	-
Working capital	€161k
Employees (FTE)	-

Ratios (computed)

	2025
Current ratio	85.89
Quick ratio	85.89
Working capital ratio	51.5%
Solvency	99.4%
Debt / equity	0.01
Long-term debt ratio	-
Interest coverage	131.81
Gross margin	57.1%
Net margin	17.9%
ROA	2.6%
ROE	2.7%
EBITDA margin	50.8%
Days sales outstanding	35d
Days payable outstanding	19d
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2025

Assets

Fixed assets €150k · 47.9% Current assets €163k · 52.1%

Equity & liabilities

Equity €310k · 99.4% Debt €2k · 0.6%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2025
Balance sheet, Assets
TOTAL ASSETS	20/58	€312k
Fixed assets	21/28	€150k
Tangible fixed assets	22/27	€150k
Current assets	29/58	€163k
Amounts receivable within one year	40/41	€18k
Investments	50/53	€121k
Cash & bank	54/58	€24k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€312k
Equity	10/15	€310k
Contributions / capital	10/11	€19k
Reserves	13	€4k
Accumulated profits (losses)	14	€288k
Amounts payable	17/49	€2k
Amounts payable within one year	42/48	€2k
Trade debts payable within one year	44	€1k
Income statement
Turnover	70	€46k
Gross operating margin	9900	€26k
Operating result	9901	€8k
Financial income	75	€2k
Financial charges	65	€178
Result before taxes	9903	€10k
Income taxes	67/77	€2k
Net result for the period	9904	€8k
Result to be appropriated	9905	€8k

You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2025 · computed

100 / 100 Excellent

050100

Computed from 6 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Directors

Directors & mandates

3 directors

Current directors & mandates

Colman Dirk
Director
State Gazette act 24302290 (02-01-2024)

Current
02-01-2024 → present
2 events
- 02-01-2024 Resigned· Director
- 02-01-2024 Appointed· Director
Goossens Ann
Director
State Gazette act 24302290 (02-01-2024)

Current
02-01-2024 → present
2 events
- 02-01-2024 Resigned· Director
- 02-01-2024 Appointed· Director

Former directors (1)

Goossens René
Director
State Gazette act 24302290 (02-01-2024)

Former
- → 02-01-2024

Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary	Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten(62200)
Legal form	Private limited company(610)
Incorporation	25-08-2000
Status	Active
Postal code	9220

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Vooruitgangstraat 209220 Hamme (Vl.)

Establishment units

1 location

Vooruitgangstraat 20, 9220 Hamme (Vl.)

de kleinhandel in audio- en videoapparatuur voor huishoudelijk gebruik, zoals radio- en televisietoestellen, videoweergavetoestellen, videocamera's, hifimateriaal, enz.

since 20002.097.595.306

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Parcels1

Ground area1,057 m²

Buildings1

Building footprint138 m²

Volume (LiDAR)795 m³

Tallest building8.8 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
42452B1163/00G000	Flanders	1,057 m²	1 · 138 m²	8.8 m · 2 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

1 acts

All acts · 1 updated 2 years ago

2024

02-01-2024 2 directors appointed, 3 resigning Director changes·Sven HEYVAERT

Colman Dirk, Bestuurder
Goossens Ann, Bestuurder
Colman Dirk, Bestuurder
Goossens Ann, Bestuurder
Goossens René, Bestuurder

Notary: Sven HEYVAERT · HAMME

Original publication ↗

Analysis

Snowflake analysis

financial profile on 5 axes

82 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 100

Profitability 71

Solvency 100

Growth 41

Stability 100

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Credit advice

verdict per customer and amount

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We hold annual accounts for 5,997 of the 29,856 companies in this sector. 4,215 of them are within a factor 10 of this company's equity.

See full sector →

Company registry

Company registry (CBE)

Crossroads Bank

Activities

Computerconsultancy-activiteiten62020Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten62200Computeradviesbureaus72100

Primary activity highlighted.

Names & trade names

Legal nameNL

CODIS

Registered office

Vooruitgangstraat 20

9220 Hamme (Vl.), Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.