Summary
Codit holding is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €14.4m and a net result of -€1.0m. Equity is growing by ~3.1% per year across the filed fiscal years. The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
What they do
Activities of holding companies
NACE 64210Holdings NACE 64200
1 site
How big
€3.2mturnover 2024
- Staff
- 8.6 FTE
- Equity
- €14.4m
- Loss
- -€1.0m
Financially healthy?
Financial institution: outside the modelProbability: sector outside the model
Who decides
- Parent
- Proximus NXT IT · 100%
- Holdings
- 7
Accounts 39 d early0 of 13 deeds read
SignalsLatest accounts filed on timeShow the evidence
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 22-06-2026, 39 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
39 d early
2024
45 d early
2023
41 d early
2022
42 d early
2021
44 d early
2020
46 d early
2019
46 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 43 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 19 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · full…
- Annual accounts filedfiscal year 2024 · full…
- General meeting · Director resignationPermanent representative · Director appointment
Financials
Fiscal year 2024Turnover €3.2mLoss -€1.0mSolvency 65.2%Liquidity 0.30
Turnover
€3.2m▲ 11.5%
2018 - 2024
Net result
-€1.0m
2018 - 2024
Equity
€14.4m▼ 6.5%
2018 - 2024
Staff (FTE)
8.6▼ 7.5%
2018 - 2024
Financials · fiscal year 2024, full schema, 2025 accounts filed, figures not processed yet
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€2.0m▲ 2.5%€2.4m▲ 17.7%€2.3m▼ 1.2%€2.8m▲ 20.6%€3.2m▲ 11.5%
Operating result€0.3m-€0.04m€0.3m-€0.6m€0.3m
Net result€14.2mabove the sector's middle half€1.0mabove the sector's middle half▼ 92.8%-€0.5mbelow the sector's middle half€0.5mwithin the sector's middle half-€1.0mbelow the sector's middle half
Equity€18.0mwithin the sector's middle half▲ 132%€17.0mwithin the sector's middle half▼ 5.5%€14.9mwithin the sector's middle half▼ 12.1%€15.4mwithin the sector's middle half▲ 3.1%€14.4mwithin the sector's middle half▼ 6.5%
Total assets€26.9mwithin the sector's middle half▼ 22.9%€26.0mwithin the sector's middle half▼ 3.3%€24.2mwithin the sector's middle half▼ 6.9%€22.9mwithin the sector's middle half▼ 5.4%€22.1mwithin the sector's middle half▼ 3.5%
Debt€8.9m▼ 67.2%€9.0m▲ 1.2%€9.3m▲ 2.9%€7.5m▼ 19.1%€7.7m▲ 2.7%
Working capital-€3.8mbelow the sector's middle half▲ 82.9%-€5.5mbelow the sector's middle half▼ 46.1%-€5.9mbelow the sector's middle half▼ 6.8%-€5.3mbelow the sector's middle half▲ 9.1%-€5.4mbelow the sector's middle half▼ 0.6%
Solvency66.9%within the sector's middle half▲ 44.6pp65.4%within the sector's middle half▼ 1.5pp61.7%within the sector's middle half▼ 3.6pp67.3%within the sector's middle half▲ 5.6pp65.2%within the sector's middle half▼ 2.1pp
Current ratio0.48within the sector's middle half▲ 0.370.33within the sector's middle half▼ 0.160.36within the sector's middle half▲ 0.040.28below the sector's middle half▼ 0.090.30below the sector's middle half▲ 0.02
Return on assets (ROA)52.9%above the sector's middle half▲ 63.8pp3.9%within the sector's middle half▼ 49.0pp-2.3%below the sector's middle half▼ 6.2pp2.0%within the sector's middle half▲ 4.3pp-4.6%below the sector's middle half▼ 6.6pp
Staff (FTE)6.7within the sector's middle half▲ 13.6%7.6within the sector's middle half▲ 13.4%8within the sector's middle half▲ 5.3%9.3within the sector's middle half▲ 16.3%8.6within the sector's middle half▼ 7.5%
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €309,272 after a loss of €573,061 in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €22.1m
Fixed assets
€19.9m ▼ 4.8%
Current assets
€2.2m ▲ 9.3%
Equity and liabilities €22.1m
Equity
€14.4m ▼ 6.5%
Debt
€7.7m ▲ 2.7%
Debt's share of the balance-sheet total rises from 32.7% to 34.8%. Equity is lower and debt is higher.
Key figures and ratios
Key figures and ratios
ROE
-7.0%▼
2023 · 3.0%
Debt ≤ 1 year
€7.6m▲
2023 · €7.4m
Income taxes
€2,156▼
2023 · €2,211
Staff costs
€838,876▼
2023 · €931,239
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €2.6m | €2.8m | €3.3m | €3.8m | ▲ 16.1% |
| Turnover70 | €2.0m | €2.4m | €2.3m | €2.8m | €3.2m | ▲ 11.5% |
| Other operating income74 | - | €0.2m | €0.4m | €0.5m | €0.7m | ▲ 44.0% |
| Non-recurring operating income76A | - | - | - | - | €25 | - |
| Operating charges60/66A | - | €2.6m | €2.5m | €3.9m | €3.5m | ▼ 9.1% |
| Goods for resale, raw materials and consumables60 | - | €0.07m | €0.09m | €0.09m | €0.3m | ▲ 220% |
| Purchases600/8 | - | €0.07m | €0.09m | €0.09m | €0.3m | ▲ 220% |
| Services and other goods61 | - | €1.5m | €1.7m | €1.8m | €2.4m | ▲ 29.1% |
| Remuneration, social security and pensions62 | - | €0.6m | €0.7m | €0.9m | €0.8m | ▼ 9.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.002m | €0.003m | €0.004m | €0.005m | €0.005m | ▲ 18.3% |
| Other operating charges640/8 | - | €0.001m | €0.001m | €0.002m | €0.002m | ▼ 10.9% |
| Non-recurring operating charges66A | - | €0.5m | €0 | €1.0m | €295 | ▼ 100.0% |
| Operating profit (loss)9901 | €0.3m | -€0.04m | €0.3m | -€0.6m | €0.3m | ▲ 154% |
| Financial income75/76B | - | €1.1m | €1.8m | €1.4m | €0.1m | ▼ 93.3% |
| Recurring financial income75 | €23.0m | €1.1m | €1.8m | €1.4m | €0.1m | ▼ 93.3% |
| Income from financial fixed assets750 | - | €1.1m | €1.7m | €1.3m | €0 | ▼ 100% |
| Income from current assets751 | - | €0.02m | €0.01m | €0.1m | €0.09m | ▼ 27.8% |
| Other financial income752/9 | - | €0.01m | €0.005m | €0.006m | €0.005m | ▼ 16.7% |
| Financial charges65/66B | - | €0.07m | €2.6m | €0.4m | €1.4m | ▲ 265% |
| Recurring financial charges65 | €0.2m | €0.07m | €0.1m | €0.4m | €0.4m | ▲ 5.7% |
| Debt charges650 | €0.2m | €0.07m | €0.1m | €0.4m | €0.4m | ▲ 6.6% |
| Other financial charges652/9 | - | €0.001m | €0.01m | €0.008m | €0.005m | ▼ 35.2% |
| Non-recurring financial charges66B | - | €0 | €2.5m | €0 | €1.0m | - |
| Profit (loss) for the period before taxes9903 | €14.2m | €1.0m | -€0.5m | €0.5m | -€1.0m | ▼ 313% |
| Income taxes67/77 | €0.001m | €0.001m | €0.002m | €0.002m | €0.002m | ▼ 2.5% |
| Taxes670/3 | - | €0.001m | €0.002m | €0.002m | €0.002m | ▼ 2.5% |
| Profit (loss) for the period9904 | €14.2m | €1.0m | -€0.5m | €0.5m | -€1.0m | ▼ 315% |
| Profit (loss) for the period to be appropriated9905 | €14.2m | €1.0m | -€0.5m | €0.5m | -€1.0m | ▼ 315% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €26.9m | €26.0m | €24.2m | €22.9m | €22.1m | ▼ 3.5% |
| Fixed assets21/28 | €23.3m | €23.3m | €20.8m | €20.8m | €19.9m | ▼ 4.8% |
| Tangible fixed assets22/27 | €0.004m | €0.009m | €0.007m | €0.007m | €0.01m | ▲ 41.7% |
| Plant, machinery and equipment23 | - | €0.009m | €0.007m | €0.007m | €0.01m | ▲ 41.7% |
| Financial fixed assets28 | €23.3m | €23.3m | €20.8m | €20.8m | €19.8m | ▼ 4.8% |
| Affiliated companies280/1 | - | €23.3m | €20.8m | €20.8m | €19.8m | ▼ 4.8% |
| Participating interests280 | - | €23.3m | €20.8m | €20.8m | €19.8m | ▼ 4.8% |
| Other financial fixed assets284/8 | - | €363 | €0 | - | - | - |
| Amounts receivable and cash guarantees285/8 | - | €363 | €0 | - | - | - |
| Current assets29/58 | €3.5m | €2.6m | €3.4m | €2.1m | €2.2m | ▲ 9.3% |
| Stocks and contracts in progress3 | - | €0 | €0 | €0 | €0 | - |
| Amounts receivable within one year40/41 | €3.5m | €2.6m | €3.3m | €2.0m | €2.1m | ▲ 8.7% |
| Trade receivables40 | - | €0.05m | €0.2m | €0.5m | €0.3m | ▼ 34.7% |
| Other amounts receivable41 | - | €2.5m | €3.2m | €1.5m | €1.8m | ▲ 22.8% |
| Cash at bank and in hand54/58 | - | €0.002m | €0.005m | €0.004m | €0.002m | ▼ 62.2% |
| Deferred charges and accrued income490/1 | - | €0.04m | €0.04m | €0.08m | €0.1m | ▲ 29.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €26.9m | €26.0m | €24.2m | €22.9m | €22.1m | ▼ 3.5% |
| Equity10/15 | €18.0m | €17.0m | €14.9m | €15.4m | €14.4m | ▼ 6.5% |
| Contributions10/11 | - | €10.3m | €10.3m | €10.3m | €10.3m | = |
| Reserves13 | €7.7m | €6.7m | €4.7m | €5.1m | €5.1m | = |
| Non-distributable reserves130/1 | - | €0.06m | €0.06m | €0.06m | €0 | ▼ 100% |
| Reserves not available under the articles1311 | - | €0.06m | €0.06m | €0.06m | €0 | ▼ 100% |
| Distributable reserves133 | - | €6.7m | €4.6m | €5.1m | €5.1m | ▲ 1.2% |
| Profit (loss) carried forward14 | - | - | - | - | -€1.0m | - |
| Amounts payable17/49 | €8.9m | €9.0m | €9.3m | €7.5m | €7.7m | ▲ 2.7% |
| Amounts payable after more than one year17 | €1.5m | €0.7m | €0 | - | - | - |
| Financial debts170/4 | - | €0.7m | €0 | - | - | - |
| Credit institutions173 | - | €0.7m | €0 | - | - | - |
| Amounts payable within one year42/48 | €7.3m | €8.1m | €9.2m | €7.4m | €7.6m | ▲ 3.0% |
| Current portion of amounts payable after more than one year42 | - | €0.8m | €0.7m | €0 | - | - |
| Trade debts44 | €0.1m | €0.1m | €0.2m | €0.3m | €0.5m | ▲ 77.0% |
| Suppliers440/4 | - | €0.1m | €0.2m | €0.3m | €0.5m | ▲ 77.0% |
| Taxes, remuneration and social security45 | - | €0.1m | €0.1m | €0.1m | €0.1m | ▲ 19.4% |
| Taxes450/3 | - | €0.001m | €0.001m | €0.001m | €0 | ▼ 100% |
| Remuneration and social security454/9 | - | €0.1m | €0.1m | €0.1m | €0.1m | ▲ 20.7% |
| Other amounts payable47/48 | - | €7.1m | €8.2m | €7.0m | €7.0m | ▼ 0.1% |
| Accrued charges and deferred income492/3 | - | €0.2m | €0.05m | €0.1m | €0.09m | ▼ 19.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €14.2m | €1.0m | -€0.5m | €0.5m | -€1.0m | ▼ 315% |
| + Depreciation and write-downs630 | €0.002m | €0.003m | €0.004m | €0.005m | €0.005m | ▲ 18.3% |
| Operating cash flow (approximation) | €14.2m | €1.0m | -€0.5m | €0.5m | -€1.0m | ▼ 311% |
| Investment in fixed assets (approximation) | - | -€0.008m | €2.5m | -€0.005m | €1.0m | ▲ 22,120% |
| Change in cash | - | - | €0.004m | -€0.001m | -€0.003m | ▼ 78.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
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Of 24,727 companies in this sector we hold annual accounts for 19,807. 5,064 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Board & ownership
Parent Proximus NXT IT · 100%7 holdings
Directors
Directors
No directors read yet: 0 of 13 Gazette acts processed. See the function holders in the CBE →
Structure & network
Part of the group
Belgische Staat
41 companies
Group, risk and exposure
Owners and holdings
1 owner · 7 holdings · 8 subsidiaries in the treeChain of control
- Belgische Staat
- FEDERALE PARTICIPATIE- EN INVESTERINGSMAATSCHAPPIJ
- PROXIMUS
- Proximus NXT IT
- Codit holding
Highest known parent: Belgische Staat. The sources do not say who stands above it.
Owners 1
-
100%
Holdings 7
-
100%
-
100%
-
100%
-
100%
-
100%
-
100%
-
99.87%
All subsidiaries, including indirect ones 8
Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.
- Codit FrankrijkFR 100%
- CODIT MANAGED SERVICES 100%
- Codit MareMT 100%
- Codit PortugalPT 100%
- Codit UKGB 100%
- Codit ZwitserlandCH 100%
According to the 2024 annual accounts of Codit holding and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
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Board mandates elsewhere
1 board mandateBoard mandates of this companythis company sits on their board1
1 location
Timeline
17 eventsLatest 22-06-2026Next filing 31-07-2027
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
22-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
16-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
03-10
State Gazette act
General meeting · Director resignation
Permanent representative · Director appointment
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Back to profitnet €468,702
Net result €468,702 after one loss-making year.
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
17-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
15-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
12-03
State Gazette act
Written shareholder decision · Director resignation
Director appointment · Mandate compensation
2020
31-12
Financial
Back to profitnet €14.2m
Net result €14.2m after one loss-making year.
31-12
Financial
Equity above €10mEq €18.0m ▲132%
Equity rises from €7.7m to €18.0m.
15-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
Show earlier events
2019
31-12
Financial
Weakest financial yearnet -€3.8m
Net result drops to -€3.8m, the lowest in the series; recovery starts the following year.
11-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
16-05
State Gazette act
General meeting · Director resignation
Director appointment · Mandate compensation
2018
12-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
09-11
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 13 acts read
About the unread acts
We know of 13 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Company details
Private limited company · founded 26-09-2016Year ends 31-12Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company
Founded26-09-2016
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
70200Business and other management consultancy
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0662946401
Also
9925:BE0662946401
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2016
Ground area
1.9 ha
Building footprint
8,006 m²
Parcel 44032A0472/00R003, Flanders. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Codit holding
since 2016unit no. 2.257.409.536
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44032A0472/00R003 | Flanders | 1.9 ha | 1 · 8,006 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check Which other companies belong to the same group?Belgische Staat · 41 companies What changed in the latest annual accounts?What changed
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