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Codit holding

Active Risk: not assessed
Private limited companyfounded 2016active for 10 yearsGaston Crommenlaan 14, 9050 Gent, BelgiumKBO/BCE: BE 0662.946.401
Summary

Codit holding is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €10.2m and a net result of -€4.2m. Equity is shrinking by about 3.6% per year across the filed financial years. Its solvency ranks better than 27% of 3,022 sector peers (NACE 64, financial year 2025). The company has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Activities of holding companies
NACE 64210
1 site
Size
€3.2mturnover 2025
Staff
8.7 FTE
Equity
€10.2m
Loss
-€4.2m
Financial health
Financial institution: outside the modelBankruptcy probability: sector outside the model
Structure
Parent
Proximus NXT IT · 100%
Holdings
7
Auditor: Deloitte Bedrijfsrevisoren2025 accounts 39 days early6 of 14 deeds summarised
SignalsneutralLatest 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.
Bankruptcy probability, 12 months

This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.

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.
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 filings
Deviation from the deadline
2025
39 days early
2024
45 days early
2023
41 days early
2022
42 days early
2021
44 days early
2020
46 days early
2019
46 days 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 (NACE 64) for financial year 2024 is 14 days before the deadline, and 28% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 19 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Weakest financial yearnet -€4.2m
  3. Reappointment: Deloitte Bedrijfsrevisoren (statutory auditor)Power of attorney

Financials · financial year 2025, full format

Equity
€10.2m▼ 28.8%
2024 · €14.4m
Net result
-€4.2m▼ 313%
2024 · -€1.0m
Total assets
€30.6m▲ 38.6%
2024 · €22.1m
Solvency
33.5%▼ 31.7pp
2024 · 65.2%
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result falls in 2025; 2025 is 12% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Turnover€3.2m 2025 Operating result€0.3m 2025 Net result-€4.2m 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 64, Financial service activities, except insurance and pension funding: 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), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Turnover€1.7m-€2.0m▲ 17.8%€2.0m▲ 2.5%€2.4m▲ 17.7%€2.3m▼ 1.2%€2.8m▲ 20.6%€3.2m▲ 11.5%€3.2m▲ 0.3%
Operating result€1.0m--€0.3m€0.3m-€0.04m€0.3m-€0.6m€0.3m€0.3m▼ 12.2%
Net result€1.6m--€3.8m€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-€4.2mbelow the sector's middle half▼ 313%
Equity€11.5m-€7.7m▼ 32.7%€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%€10.2mwithin the sector's middle half▼ 28.8%
Total assets€38.0m-€34.8m▼ 8.3%€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%€30.6mwithin the sector's middle half▲ 38.6%
Debt€26.5m-€27.1m▲ 2.4%€8.9m▼ 67.2%€9.0m▲ 1.2%€9.3m▲ 2.9%€7.5m▼ 19.1%€7.7m▲ 2.7%€20.4m▲ 165%
Working capital-€20.5m--€22.0m▼ 7.0%-€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%-€17.9mbelow the sector's middle half▼ 234%
Solvency30.3%-22.2%▼ 8.1pp66.9%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▼ 2.1pp33.5%within the sector's middle half▼ 31.7pp
Current ratio0.12-0.11▼ 0.010.48within 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▲ 0.020.12below the sector's middle half▼ 0.18
Return on assets (ROA)4.3%--10.8%▼ 15.1pp52.9%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-13.6%below the sector's middle half▼ 9.0pp
Staff (FTE)5.1-5.9▲ 15.7%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%8.7within the sector's middle half▲ 1.2%
above within below the middle half of NACE 64, Financial service activities, except insurance and pension funding: 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.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €30.6m
Fixed assets €28.2m ▲ 42.1%
Current assets €2.4m ▲ 7.9%
Equity and liabilities €30.6m
Equity €10.2m ▼ 28.8%
Debt €20.4m ▲ 165%
Debt's share of the balance-sheet total rises from 34.8% to 66.5%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
ROE
-40.5%▼
2024 · -7.0%
Debt ≤ 1 year
€20.3m▲
2024 · €7.6m
Income taxes
€1,931▼
2024 · €2,156
Staff costs
€1.1m▲
2024 · €838,876
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 68 lines
Balance sheet Code20242025
Assets
Total assets20/58€22.1m€30.6m▲
Fixed assets21/28€19.9m€28.2m▲
Tangible fixed assets22/27€0.01m€0.005m▼
Plant, machinery and equipment23€0.01m€0.005m▼
Financial fixed assets28€19.8m€28.2m▲
Affiliated companies280/1€19.8m€28.2m▲
Participating interests280€19.8m€28.2m▲
Current assets29/58€2.2m€2.4m▲
Stocks and contracts in progress3€0€0=
Amounts receivable within one year40/41€2.1m€1.0m▼
Trade receivables40€0.3m€0.5m▲
Other amounts receivable41€1.8m€0.4m▼
Cash at bank and in hand54/58€0.002m€1.4m▲
Deferred charges and accrued income490/1€0.1m€0.02m▼
Equity and liabilities
Total equity and liabilities10/49€22.1m€30.6m▲
Equity10/15€14.4m€10.2m▼
Contributions10/11€10.3m€10.3m=
Reserves13€5.1m€0▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€5.1m€0▼
Profit (loss) carried forward14-€1.0m-€0.03m▲
Amounts payable17/49€7.7m€20.4m▲
Amounts payable within one year42/48€7.6m€20.3m▲
Trade debts44€0.5m€0.8m▲
Suppliers440/4€0.5m€0.8m▲
Taxes, remuneration and social security45€0.1m€0.1m▲
Taxes450/3€0€43▲
Remuneration and social security454/9€0.1m€0.1m▲
Other amounts payable47/48€7.0m€19.4m▲
Accrued charges and deferred income492/3€0.09m€0.07m▼
Income statement Code20242025
Operating income70/76A€3.8m€3.3m▼
Turnover70€3.2m€3.2m▲
Other operating income74€0.7m€0.2m▼
Non-recurring operating income76A€25€122▲
Operating charges60/66A€3.5m€3.1m▼
Goods for resale, raw materials and consumables60€0.3m€0.1m▼
Purchases600/8€0.3m€0.1m▼
Services and other goods61€2.4m€1.9m▼
Remuneration, social security and pensions62€0.8m€1.1m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.005m€0.005m▼
Other operating charges640/8€0.002m€0.002m▲
Non-recurring operating charges66A€295€60▼
Operating profit (loss)9901€0.3m€0.3m▼
Financial income75/76B€0.1m€0.09m▼
Recurring financial income75€0.1m€0.04m▼
Income from financial fixed assets750€0-
Income from current assets751€0.09m€0.04m▼
Other financial income752/9€0.005m€0.002m▼
Non-recurring financial income76B-€0.05m
Financial charges65/66B€1.4m€4.5m▲
Recurring financial charges65€0.4m€0.3m▼
Debt charges650€0.4m€0.3m▼
Other financial charges652/9€0.005m€0.002m▼
Non-recurring financial charges66B€1.0m€4.2m▲
Profit (loss) for the period before taxes9903-€1.0m-€4.2m▼
Income taxes67/77€0.002m€0.002m▼
Taxes670/3€0.002m€0.002m▼
Tax adjustments and reversals of tax provisions77-€112
Profit (loss) for the period9904-€1.0m-€4.2m▼
Profit (loss) for the period to be appropriated9905-€1.0m-€4.2m▼
Appropriation of the result
Profit (loss) to be appropriated9906-€1.0m-€5.2m▼
Profit (loss) brought forward from the previous period14P--€1.0m
Transfer from equity791/2-€5.1m
From reserves792-€5.1m
Transfer to equity691/2€0-
To other reserves6921€0-
Social balance sheet
Average headcount (FTE)90878.68.7▲

The notes to these accounts (52 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Operating income70/76A---€2.6m€2.8m€3.3m€3.8m€3.3m▼ 12.7%
Turnover70€1.7m€2.0m€2.0m€2.4m€2.3m€2.8m€3.2m€3.2m▲ 0.3%
Other operating income74---€0.2m€0.4m€0.5m€0.7m€0.2m▼ 74.1%
Non-recurring operating income76A------€25€122▲ 387%
Operating charges60/66A---€2.6m€2.5m€3.9m€3.5m€3.1m▼ 12.7%
Goods for resale, raw materials and consumables60---€0.07m€0.09m€0.09m€0.3m€0.1m▼ 58.0%
Purchases600/8---€0.07m€0.09m€0.09m€0.3m€0.1m▼ 58.0%
Services and other goods61---€1.5m€1.7m€1.8m€2.4m€1.9m▼ 21.3%
Remuneration, social security and pensions62---€0.6m€0.7m€0.9m€0.8m€1.1m▲ 27.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.001m€0.002m€0.002m€0.003m€0.004m€0.005m€0.005m€0.005m▼ 9.5%
Other operating charges640/8---€0.001m€0.001m€0.002m€0.002m€0.002m▲ 1.9%
Non-recurring operating charges66A---€0.5m€0€1.0m€295€60▼ 79.8%
Operating profit (loss)9901€1.0m-€0.3m€0.3m-€0.04m€0.3m-€0.6m€0.3m€0.3m▼ 12.2%
Financial income75/76B---€1.1m€1.8m€1.4m€0.1m€0.09m▼ 1.4%
Recurring financial income75€1.2m€0.1m€23.0m€1.1m€1.8m€1.4m€0.1m€0.04m▼ 58.1%
Income from financial fixed assets750---€1.1m€1.7m€1.3m€0--
Income from current assets751---€0.02m€0.01m€0.1m€0.09m€0.04m▼ 57.5%
Other financial income752/9---€0.01m€0.005m€0.006m€0.005m€0.002m▼ 68.2%
Non-recurring financial income76B-------€0.05m-
Financial charges65/66B---€0.07m€2.6m€0.4m€1.4m€4.5m▲ 221%
Recurring financial charges65€0.5m€0.4m€0.2m€0.07m€0.1m€0.4m€0.4m€0.3m▼ 23.4%
Debt charges650€0.5m€0.4m€0.2m€0.07m€0.1m€0.4m€0.4m€0.3m▼ 22.8%
Other financial charges652/9---€0.001m€0.01m€0.008m€0.005m€0.002m▼ 70.9%
Non-recurring financial charges66B---€0€2.5m€0€1.0m€4.2m▲ 320%
Profit (loss) for the period before taxes9903€1.6m-€3.8m€14.2m€1.0m-€0.5m€0.5m-€1.0m-€4.2m▼ 314%
Income taxes67/77€0.01m€0.004m€0.001m€0.001m€0.002m€0.002m€0.002m€0.002m▼ 10.4%
Taxes670/3---€0.001m€0.002m€0.002m€0.002m€0.002m▼ 5.2%
Tax adjustments and reversals of tax provisions77-------€112-
Profit (loss) for the period9904€1.6m-€3.8m€14.2m€1.0m-€0.5m€0.5m-€1.0m-€4.2m▼ 313%
Profit (loss) for the period to be appropriated9905€1.6m-€3.8m€14.2m€1.0m-€0.5m€0.5m-€1.0m-€4.2m▼ 313%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€38.0m€34.8m€26.9m€26.0m€24.2m€22.9m€22.1m€30.6m▲ 38.6%
Fixed assets21/28€35.1m€32.1m€23.3m€23.3m€20.8m€20.8m€19.9m€28.2m▲ 42.1%
Tangible fixed assets22/27€0.004m€0.002m€0.004m€0.009m€0.007m€0.007m€0.01m€0.005m▼ 48.2%
Plant, machinery and equipment23---€0.009m€0.007m€0.007m€0.01m€0.005m▼ 48.2%
Financial fixed assets28€35.1m€32.1m€23.3m€23.3m€20.8m€20.8m€19.8m€28.2m▲ 42.2%
Affiliated companies280/1---€23.3m€20.8m€20.8m€19.8m€28.2m▲ 42.2%
Participating interests280---€23.3m€20.8m€20.8m€19.8m€28.2m▲ 42.2%
Other financial fixed assets284/8---€363€0----
Amounts receivable and cash guarantees285/8---€363€0----
Current assets29/58€2.9m€2.8m€3.5m€2.6m€3.4m€2.1m€2.2m€2.4m▲ 7.9%
Stocks and contracts in progress3---€0€0€0€0€0-
Amounts receivable within one year40/41€1.7m€2.7m€3.5m€2.6m€3.3m€2.0m€2.1m€1.0m▼ 55.2%
Trade receivables40---€0.05m€0.2m€0.5m€0.3m€0.5m▲ 65.6%
Other amounts receivable41---€2.5m€3.2m€1.5m€1.8m€0.4m▼ 76.1%
Cash at bank and in hand54/58€1.2m--€0.002m€0.005m€0.004m€0.002m€1.4m▲ 936×
Deferred charges and accrued income490/1---€0.04m€0.04m€0.08m€0.1m€0.02m▼ 75.1%
Equity and liabilities
Total equity and liabilities10/49€38.0m€34.8m€26.9m€26.0m€24.2m€22.9m€22.1m€30.6m▲ 38.6%
Equity10/15€11.5m€7.7m€18.0m€17.0m€14.9m€15.4m€14.4m€10.2m▼ 28.8%
Contributions10/11€10.3m€10.3m-€10.3m€10.3m€10.3m€10.3m€10.3m=
Reserves13€1.2m€0.06m€7.7m€6.7m€4.7m€5.1m€5.1m€0▼ 100%
Non-distributable reserves130/1---€0.06m€0.06m€0.06m€0--
Reserves not available under the articles1311---€0.06m€0.06m€0.06m€0--
Distributable reserves133---€6.7m€4.6m€5.1m€5.1m€0▼ 100%
Profit (loss) carried forward14--€2.6m-----€1.0m-€0.03m▲ 97.4%
Amounts payable17/49€26.5m€27.1m€8.9m€9.0m€9.3m€7.5m€7.7m€20.4m▲ 165%
Amounts payable after more than one year17€3.0m€2.3m€1.5m€0.7m€0----
Financial debts170/4---€0.7m€0----
Credit institutions173---€0.7m€0----
Amounts payable within one year42/48€23.4m€24.7m€7.3m€8.1m€9.2m€7.4m€7.6m€20.3m▲ 167%
Current portion of amounts payable after more than one year42---€0.8m€0.7m€0---
Trade debts44€0.2m€0.3m€0.1m€0.1m€0.2m€0.3m€0.5m€0.8m▲ 63.0%
Suppliers440/4---€0.1m€0.2m€0.3m€0.5m€0.8m▲ 63.0%
Taxes, remuneration and social security45---€0.1m€0.1m€0.1m€0.1m€0.1m▲ 9.7%
Taxes450/3---€0.001m€0.001m€0.001m€0€43-
Remuneration and social security454/9---€0.1m€0.1m€0.1m€0.1m€0.1m▲ 9.7%
Other amounts payable47/48---€7.1m€8.2m€7.0m€7.0m€19.4m▲ 178%
Accrued charges and deferred income492/3---€0.2m€0.05m€0.1m€0.09m€0.07m▼ 27.3%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€1.6m-€3.8m€14.2m€1.0m-€0.5m€0.5m-€1.0m-€4.2m▼ 313%
+ Depreciation and write-downs630€0.001m€0.002m€0.002m€0.003m€0.004m€0.005m€0.005m€0.005m▼ 9.5%
Operating cash flow (approximation)€1.6m-€3.8m€14.2m€1.0m-€0.5m€0.5m-€1.0m-€4.1m▼ 315%
Investment in fixed assets (approximation)-€3.0m€8.7m-€0.008m€2.5m-€0.005m€1.0m-€8.4m-
Change in cash----€0.004m-€0.001m-€0.003m€1.4m-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (9)
Financial year Type Filed Reference
31-12-2025 full format 22-06-2026 2026-00181365
31-12-2024 full format 16-06-2025 2025-00145221
31-12-2023 full format 20-06-2024 2024-00153980
31-12-2022 full format 19-06-2023 2023-00139197
31-12-2021 full format 17-06-2022 2022-20069326
31-12-2020 full format 15-06-2021 2021-20400200
31-12-2019 full format 15-06-2020 2020-16900357
31-12-2018 full format 11-07-2019 2019-32200344
31-12-2017 full format 12-07-2018 2018-32600421

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Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
3 directors, 1 in day-to-day management, last change in 2024

Board 3

Raf Peeters
Director · since 15-09-2023
Current
Leo Eelen
Director · since 02-09-2024
Current
Yashfeen SAIYID Mohammad Farahilde
Director · since 02-09-2024
Current

Day-to-day management 1

Yashfeen SAIYID Mohammad Farahilde
Algemeen directeur (general manager) · since 01-06-2024
Current

Statutory auditor 1

Deloitte Bedrijfsrevisoren
Statutory auditor · since 23-12-2022
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
8 of this company's 14 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

7 people since 2021, 4 in office
Show
  • Board
  • Day-to-day management
  • Statutory auditor
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Raf Peeters
  • Director, from 15-09-2023 to date
Yashfeen SAIYID Mohammad Farahilde
  • Algemeen directeur (general manager), from 01-06-2024 to date
  • Director, from 02-09-2024 to date
Leo Eelen
  • Director, from 02-09-2024 to date
Deloitte Bedrijfsrevisoren
  • Statutory auditor, from 23-12-2022 to date
Christophe Crous
  • Director, until 02-09-2024
Gérard Hoffmann
  • Director, until 02-09-2024
Christophe Van de Weyer
  • Director, from 22-11-2021 to 15-09-2023
See the board, name and registered office on a given date →

Owners and capital

Owners

2 owners

Chain of control

  1. Proximus NXT IT NV consolidates
  2. Belgische Staat 100%
  3. FEDERALE PARTICIPATIE- EN INVESTERINGSMAATSCHAPPIJ 53.51%
  4. PROXIMUS 100%
  5. Proximus NXT IT 100%
  6. Codit holding

Highest known parent: Proximus NXT IT NV. The sources do not say who stands above it.

Owners 2

According to the 2025 annual accounts of Codit holding and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. 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 include these statements in its annual accounts, or does not have to, is not listed.

Capital and shareholders

Shareholders according to the deeds
Stated in the act act of 09-10-2024 ↗
Stated in the act act of 22-11-2023 ↗

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 08-02-2024 Capital stated in the deed · 10,275,228 shares

Group and network

Part of the group Belgische Staat 41 companies Group, risk and exposure

Holdings and subsidiaries

7 holdings · 8 subsidiaries in the tree

Holdings 7

Source for every holding own accounts 2025

  • Codit FrankrijkFRsubsidiary
    Equity €211,512Result €702
    100%
  • Codit MaltaMTsubsidiary
    Equity -€41,595Result -€127,702
    100%
  • Equity €248,049Result -€102,827
    100%
  • Codit NederlandNLsubsidiary
    Equity €4.8mResult €531,736
    100%
  • Codit UKGBsubsidiary
    Equity €406,288Result €311,662
    100%
  • Codit ZwitserlandCHsubsidiary
    Equity €817,916Result -€621,483
    100%
  • CODITsubsidiary
    Equity €3.8mResult €516,444
    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.

According to the 2025 annual accounts of Codit holding and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. 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 include these statements in its annual accounts, or does not have to, is not listed.

Connections & network

4 connected companies
Depth
This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
DAVINSI LABS
via Raf Peeters · Director
→
ClearMedia
Shared director
→
Fiberklaar Midco
Shared director
→
TeleSign Belgium
Shared director
→

Board mandates elsewhere

1 board mandate
Board mandates of this companythis company sits on their board1
1 location

History

On 26 September 2016, Codit holding was incorporated.1 Total assets went from €38.0m in 2018 to €30.6m in 2025 and headcount from 5.1 to 8.7 full-time equivalents.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
22-06
NBB filing Annual accounts filed
financial year 2025 · full format
2025
31-12
Financial Weakest financial yearnet -€4.2m
Net result drops to -€4.2m, the lowest in the series.
03-09
Gazette deed Reappointment: Deloitte Bedrijfsrevisoren (statutory auditor)
Power of attorney5 facts ▸
  • General meeting, 16-06-2025
  • Power of attorney, Anne-Claire Leuckx
  • Power of attorney, Inge Goossens
  • Power of attorney, Anne-Marie Schaerlaeken
  • Auditor reappointment, Deloitte Bedrijfsrevisoren (statutory auditor)
16-06
NBB filing Annual accounts filed
financial year 2024 · full format
2024
09-10
Gazette deed Resignations: Gérard Hoffmann (director) and Christophe Crous (director)
Appointments: Yashfeen Saiyid (director) and Leo Eelen (director) · Shareholding7 facts ▸
  • General meeting, 02-09-2024
  • Shareholding, 10275228
  • Director resignation, Gérard Hoffmann (director)
  • Director resignation, Christophe Crous (director)
  • Director appointment, Yashfeen Saiyid (director)
  • Director appointment, Leo Eelen (director)
  • Other provision, “bestuurdersmandaten” (deed in Dutch)
20-06
NBB filing Annual accounts filed
financial year 2023 · full format
13-06
Gazette deed Appointment: Yashfeen SAIYID Mohammad Farahilde (algemeen directeur)
Power of attorney9 facts ▸
  • Board meeting, 31-05-2024
  • Board composition, C. Crous (director)
  • Board composition, G. Hoffmann (director)
  • Board composition, P. Van Der Perren (director)
  • Board composition, R. Peeters (director)
  • Power of attorney, Stijn Degrieck
  • Power of attorney, Itelligent BV
  • Director appointment, Yashfeen SAIYID Mohammad Farahilde (algemeen directeur (general manager))
  • Power of attorney, Yashfeen SAIYID Mohammad Farahilde
08-02
Gazette deed Amendment of the articles · Legal-form change · Resignations & appointments
Capital conversion · Capital · Power of attorney5 facts ▸
  • General meeting, 28-12-2023
  • Capital conversion, “EERSTE BESLISSING, statutair onbeschikbare eigenvermogensrekening” (deed in Dutch)
  • Amendment of the articles
  • Capital
  • Power of attorney (2 times)
2023
31-12
Financial Back to profitnet €468,702
Net result €468,702 after one loss-making year.
22-11
Gazette deed Resignation: Christophe Van de Weyer (director and chair of the board)
Appointment: Raf Peeters (director) · Shareholding4 facts ▸
  • General meeting, 04-10-2023
  • Shareholding, 10275228
  • Director resignation, Christophe Van de Weyer (director and chair of the board)
  • Director appointment, Raf Peeters (director)
19-06
NBB filing Annual accounts filed
financial year 2022 · full format
2022
23-12
Gazette deed Appointments: Deloitte Bedrijfsrevisoren BV (statutory auditor) and Christophe Van de Weyer (director)
4 facts ▸
  • General meeting, 15-06-2022
  • Auditor appointment, Deloitte Bedrijfsrevisoren BV (statutory auditor)
  • Board meeting, 22-11-2021
  • Director appointment, Christophe Van de Weyer (director)
Show earlier events
17-06
NBB filing Annual accounts filed
financial year 2021 · full format
2021
15-06
NBB filing Annual accounts filed
financial year 2020 · full format
2020
31-12
Financial Back to profitnet €14.2m
Net result €14.2m after one loss-making year.
31-12
Financial Equity above €10mequity €18.0m ▲132%
Equity rises from €7.7m to €18.0m.
15-06
NBB filing Annual accounts filed
financial year 2019 · full format
2019
11-07
NBB filing Annual accounts filed
financial year 2018 · full format
2018
12-07
NBB filing Annual accounts filed
financial year 2017 · full format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
6 of 14 deeds read
About the unread acts

Of the 14 Belgian Official Gazette deeds we know for this company, 6 have been read. The other 8 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPrivate limited company
Founded26-09-2016
Financial 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 30 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

Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2016
registered office establishment The establishment unit on the map
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
Gaston Crommenlaan 14, 9050 GentActivities of holding companies
since 2016unit no. 2.257.409.536
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
44032A0472/00R003 Flanders 1.9 ha 1 · 8,006 m² -
How the parcels are linked
Good to know
The parcel matches the address exactly.

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.
Codit holding
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaamse Gewest, bij enkel besluit van het bestuursorgaan administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren…” (deed in Dutch)

deed of 08-02-2024

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
Each director alone
Board ruleHow the board is made up, meets and takes decisions.
“Benoemd met of zonder beperking van duur, één of meer bestuurders” (deed in Dutch)
“Alle handelingen verrichten die nodig of dienstig zijn tot verwezenlijking van het voorwerp,behalve deze die wet of statuten aan algemene…” (deed in Dutch)

deed of 08-02-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
15 June at 18:00

deed of 08-02-2024

Other provisionsOther rules from the articles that fall under none of the themes above.

5 more provisions in the deed, see the deed of 13-06-2024
Liquidation distribution: “Verdeling nettoactief, goederen in natura op zelfde wijze verdeeld” (deed in Dutch)
deed of 08-02-2024