Equity
Equity fell by 99% in 7 years.
Equity fell by 99% in 7 years.
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
Of this, €434,188 falls due within a year.
Absorbed by CODIT in May 2026. The last annual accounts are for financial year 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Staff costs divided by the average number of full-time equivalents.
In 2025, 4 people joined and 2 left. Training hours in 2025: 540.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||
20/58 |
631,380 | 642,113 | 899,830 | 928,523 | 890,452 | 1.0m | 14.1m | 15.5m | 5.2m | 5.5m | 4.7m | 4.5m | 3.1m | 2.5m | |
21/28 |
35,491 | 50,539 | 63,088 | 24,721 | 18,187 | 9,086 | 11,203 | 18,412 | 2.4m | 3.8m | 3.8m | 3.7m | 2.4m | 2.4m | |
21 |
23,057 | 30,535 | 37,390 | - | - | - | - | - | - | - | - | - | - | - | |
22/27 |
9,229 | 16,800 | 22,494 | 21,516 | 14,412 | 5,311 | 7,428 | 9,637 | - | - | 383 | 767 | - | - | |
23 |
9,229 | 16,800 | 22,494 | 21,516 | 14,412 | 5,311 | 7,428 | 9,637 | - | - | 383 | 767 | - | - | |
28 |
3,204 | 3,204 | 3,204 | 3,204 | 3,775 | 3,775 | 3,775 | 8,775 | 2.4m | 3.8m | 3.8m | 3.7m | 2.4m | 2.4m | |
29/58 |
595,890 | 591,574 | 836,741 | 903,802 | 872,265 | 1.0m | 14.1m | 15.5m | 2.8m | 1.7m | 873,388 | 779,542 | 631,885 | 110,552 | |
3 |
- | - | - | - | - | - | 1,869 | 1,355 | 6,052 | - | - | - | - | - | |
30/36 |
- | - | - | - | - | - | 1,869 | 1,355 | 6,052 | - | - | - | - | - | |
40/41 |
468,276 | 541,281 | 787,072 | 856,419 | 823,820 | 969,586 | 14.1m | 15.4m | 2.7m | 1.3m | 796,837 | 671,577 | 603,712 | 102,415 | |
40 |
403,568 | 241,957 | 484,670 | 264,302 | 204,588 | 245,565 | 437,406 | 231,456 | 478,088 | 1.1m | 779,240 | 666,144 | 598,675 | 102,415 | |
41 |
64,708 | 299,325 | 302,402 | 592,117 | 619,232 | 724,021 | 13.6m | 15.2m | 2.2m | 193,853 | 17,596 | 5,432 | 5,037 | - | |
54/58 |
73,082 | - | - | - | - | - | - | 75,000 | 75,000 | 363,495 | 76,552 | 18,443 | 28,174 | 8,137 | |
490/1 |
54,532 | 50,292 | 49,670 | 47,383 | 48,445 | 43,646 | 29,960 | 6,320 | 10,061 | - | - | 89,522 | - | - | |
| Balance sheet: equity and liabilities | |||||||||||||||
10/49 |
631,380 | 642,113 | 899,830 | 928,523 | 890,452 | 1.0m | 14.1m | 15.5m | 5.2m | 5.5m | 4.7m | 4.5m | 3.1m | 2.5m | |
10/15 |
182,478 | 248,049 | 350,876 | 244,664 | 331,537 | 267,288 | 251,768 | 13.5m | 3.2m | 1.9m | 1.1m | 432,589 | 299,354 | 516,363 | |
10/11 |
25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 250,000 | 250,000 | 250,000 | 250,000 | 500,000 | |
100 |
- | - | - | - | - | - | 25,000 | 25,000 | 25,000 | 250,000 | 250,000 | 250,000 | 250,000 | 500,000 | |
13 |
157,478 | 325,876 | 325,876 | 219,664 | 306,537 | 242,288 | 226,768 | 13.4m | 3.2m | 1.6m | 815,043 | 182,589 | 49,354 | 16,363 | |
130/1 |
- | 0 | 2,500 | 2,500 | 2,500 | 2,500 | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 2,500 | 2,500 | 2,500 | 25,000 | 25,000 | 25,000 | 25,000 | 7,668 | |
1311 |
- | 0 | 2,500 | 2,500 | 2,500 | 2,500 | - | - | - | - | - | - | - | - | |
133 |
157,478 | 325,876 | 323,376 | 217,164 | 304,037 | 239,788 | 224,268 | 13.4m | 3.2m | 1.6m | 790,043 | 157,589 | 24,354 | 8,695 | |
14 |
0 | -102,827 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | |
17/49 |
448,902 | 394,064 | 548,953 | 683,859 | 558,915 | 755,030 | 13.9m | 2.1m | 2.0m | 3.6m | 3.6m | 4.1m | 2.8m | 2.0m | |
17 |
- | - | - | - | - | - | - | - | - | 151,109 | 419,831 | 717,890 | 1.0m | 1.4m | |
170/4 |
- | - | - | - | - | - | - | - | - | 151,109 | 419,831 | 717,890 | 1.0m | 1.4m | |
42/48 |
434,188 | 360,183 | 527,704 | 683,635 | 529,957 | 733,635 | 13.9m | 2.0m | 1.8m | 3.5m | 3.2m | 3.4m | 1.8m | 575,889 | |
42 |
- | - | - | - | - | - | - | - | - | 194,616 | 298,060 | 283,562 | 390,534 | 240,804 | |
43 |
- | - | - | - | - | - | - | 2,506 | - | - | - | - | - | - | |
430/8 |
- | - | - | - | - | - | - | 2,506 | - | - | - | - | - | - | |
44 |
285,943 | 205,886 | 352,392 | 192,320 | 139,836 | 215,558 | 170,496 | 117,752 | 173,279 | 185,697 | 155,729 | 71,324 | 51,199 | 97,447 | |
440/4 |
285,943 | 205,886 | 352,392 | 192,320 | 139,836 | 215,558 | 170,496 | 117,752 | 173,279 | 185,697 | 155,729 | 71,324 | 51,199 | 97,447 | |
45 |
148,245 | 154,297 | 175,013 | 191,315 | 140,121 | 168,077 | 180,673 | 233,695 | 56,230 | 465,471 | 263,728 | 24,577 | 16,948 | 54,270 | |
450/3 |
- | 0 | 9,300 | 22,394 | 0 | 52,526 | 66,822 | 132,426 | 19,154 | 465,471 | 263,728 | 24,577 | 16,948 | 54,270 | |
454/9 |
148,245 | 154,297 | 165,713 | 168,921 | 140,121 | 115,551 | 113,851 | 101,269 | 37,076 | - | - | - | - | - | |
47/48 |
- | 0 | 300 | 300,000 | 250,000 | 350,000 | 13.5m | 1.6m | 1.6m | 2.6m | 2.5m | 3.0m | 1.3m | 183,368 | |
492/3 |
14,715 | 33,880 | 21,249 | 224 | 28,958 | 21,395 | 13,200 | 75,700 | 124,974 | 2,000 | 23,537 | 21,706 | 8,945 | 26,314 | |
| Income statement | |||||||||||||||
70 |
- | 2.7m | - | - | - | - | - | - | - | - | - | - | - | 990,249 | |
76A |
609 | 21 | 0 | 500 | - | - | - | 10.0m | 1.7m | - | - | - | - | - | |
9900 |
1.2m | 1.1m | 1.4m | 1.5m | 1.5m | 1.3m | 1.1m | 1.1m | 232,015 | 879,607 | 850,930 | 901,488 | 585,203 | 300,950 | |
60/61 |
- | 2.2m | - | - | - | - | - | - | - | - | - | - | - | 689,298 | |
62 |
1.3m | 1.2m | 1.2m | 1.1m | 1.0m | 892,039 | 912,300 | 890,514 | 281,959 | - | - | - | - | - | |
630 |
18,874 | 20,746 | 11,451 | 5,346 | 5,365 | 5,407 | 4,078 | 2,150 | - | 383 | 383 | 383 | - | - | |
640/8 |
1,387 | 1,474 | 1,177 | 1,066 | 1,061 | 1,060 | 1,740 | 1,140 | 10,908 | 506 | 1,443 | 1,052 | 531 | 837 | |
66A |
823 | 139 | 0 | 3,555 | - | - | 5,000 | - | 70,000 | - | - | - | - | - | |
9901 |
-37,106 | -102,619 | 156,752 | 305,212 | 466,352 | 433,493 | 163,027 | 181,001 | -60,851 | 878,718 | 849,104 | 900,053 | 584,672 | 300,113 | |
75/76B |
10,645 | 21,972 | 28,295 | 11,769 | 10,367 | 115,608 | 285,271 | 10.3m | 1.7m | 250,261 | 150,227 | 90,468 | 171 | 686 | |
75 |
10,645 | 21,972 | 28,295 | 11,769 | 10,367 | 115,608 | 285,271 | 258,193 | 8,816 | 250,261 | 150,227 | 90,468 | 171 | 686 | |
76B |
- | - | - | - | - | - | - | 10.0m | 1.7m | - | - | - | - | - | |
65/66B |
36,210 | 19,840 | 14,083 | 9,186 | 8,304 | 9,090 | 47,279 | 39,958 | 104,874 | 23,755 | 108,073 | 82,473 | 84,863 | 139,010 | |
65 |
36,210 | 19,840 | 14,083 | 9,186 | 8,304 | 9,090 | 42,279 | 39,958 | 34,874 | 23,755 | 108,073 | 82,473 | 84,863 | 139,010 | |
66B |
- | - | - | - | - | - | 5,000 | - | 70,000 | - | - | - | - | - | |
9903 |
-62,671 | -100,488 | 170,964 | 307,794 | 468,414 | 540,011 | 401,018 | 10.4m | 1.6m | 1.1m | 891,258 | 908,047 | 499,979 | 161,789 | |
67/77 |
2,900 | 2,339 | 64,752 | 94,667 | 154,166 | 174,491 | 119,278 | 133,332 | 12,926 | 298,257 | 258,804 | 24,813 | 16,988 | 8,426 | |
9904 |
-65,571 | -102,827 | 106,212 | 213,127 | 314,248 | 365,520 | 281,741 | 10.3m | 1.6m | 806,966 | 632,454 | 883,234 | 482,991 | 153,363 | |
9905 |
-65,571 | -102,827 | 106,212 | 213,127 | 314,248 | 365,520 | 281,741 | 10.3m | 1.6m | 806,966 | 632,454 | 883,234 | 482,991 | 153,363 | |
| Appropriation of the result | |||||||||||||||
9906 |
-168,398 | -102,827 | 106,212 | 213,127 | 314,248 | 365,520 | 281,741 | 10.3m | 1.6m | 806,966 | 632,454 | 883,234 | 482,991 | 153,363 | |
14P |
-102,827 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
168,398 | - | 0 | 86,873 | - | - | 13.2m | - | - | - | - | - | - | - | |
691/2 |
- | 0 | 106,212 | 0 | 64,248 | 15,520 | - | 10.3m | 1.6m | 806,966 | 632,454 | 133,234 | 32,991 | 16,363 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | 17,332 | 7,668 | |
6921 |
- | 0 | 106,212 | 0 | 64,248 | 15,520 | - | 10.3m | 1.6m | 806,966 | 632,454 | 133,234 | 15,660 | 8,695 | |
694/7 |
- | - | 0 | 300,000 | 250,000 | 350,000 | 13.5m | - | - | - | - | 750,000 | 450,000 | 137,000 | |
694 |
- | - | 0 | 300,000 | 250,000 | 350,000 | 13.5m | - | - | - | - | - | - | - | |
695 |
- | - | - | - | - | - | - | - | - | - | - | 750,000 | 450,000 | 137,000 | |
| Social balance sheet | |||||||||||||||
9087 |
17 | 15.7 | 15.9 | 15.1 | 13.9 | 12.8 | 14.2 | 14.1 | 3.9 | - | - | - | - | - | |
Hours worked1013 |
26,870 | 26,795 | 26,218 | 24,748 | 24,065 | 22,389 | 24,116 | 22,858 | 6,087 | - | - | - | - | - | |
| Document | |||||||||||||||
The notes to these accounts have 15 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 22-06-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 22-06-2026 | 2026-00181363 | |
| 31-12-2024 | abbreviated format | 13-06-2025 | 2025-00141203 | |
| 31-12-2023 | abbreviated format | 20-06-2024 | 2024-00144574 | |
| 31-12-2022 | abbreviated format | 16-06-2023 | 2023-00139286 | |
| 31-12-2021 | abbreviated format | 17-06-2022 | 2022-20069327 | |
| 31-12-2020 | abbreviated format | 14-06-2021 | 2021-19900232 | |
| 31-12-2019 | abbreviated format | 12-06-2020 | 2020-16200279 | |
| 31-12-2018 | abbreviated format | 10-07-2019 | 2019-31100313 | |
| 31-12-2017 | abbreviated format | 29-06-2018 | 2018-25400540 | |
| 30-09-2016 | abbreviated format | 28-04-2017 | 2017-10300418 | |
| 30-09-2015 | abbreviated format | 28-04-2016 | 2016-10900570 | |
| 30-09-2014 | abbreviated format | 30-03-2015 | 2015-07900145 | |
| 30-09-2013 | abbreviated format | 30-04-2014 | 2014-10400575 | |
| 30-09-2012 | abbreviated format | 28-03-2013 | 2013-07600196 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -18,232 | -81,873 | 168,203 | 310,558 | 471,717 | 438,900 | 167,104 | 183,151 | - | 879,101 | 849,487 | 900,436 | - | - | ||
| -46,697 | -82,081 | 117,663 | 218,473 | 319,614 | 370,927 | 285,818 | 10.3m | - | 807,350 | 632,837 | 883,618 | - | - | ||
| 4,101 | 12,509 | 49,818 | 18,726 | 14,466 | 3,290 | 1,869 | 11,787 | 571 | 0 | 75,001 | 1.3m | 30,000 | 2.4m | ||
| - | - | - | - | - | - | - | 0 | -288,495 | 286,944 | 58,109 | -9,730 | 20,037 | - | ||
| 161,702 | 231,390 | 309,037 | 220,167 | 342,308 | 279,597 | 253,765 | 13.5m | 926,619 | -1.8m | -2.3m | -2.6m | -1.1m | -465,337 | ||
| - | -3.7% | - | - | - | - | - | - | - | - | - | - | - | 30.3% | ||
| 28.9% | 38.6% | 39.0% | 26.3% | 37.2% | 26.1% | 1.8% | 86.6% | 61.9% | 34.1% | 22.7% | 9.6% | 9.8% | 20.6% | ||
| 1.37 | 1.64 | 1.59 | 1.32 | 1.65 | 1.38 | 1.02 | 7.76 | 1.50 | 0.48 | 0.27 | 0.23 | 0.36 | 0.19 | ||
| 1.37 | 1.64 | 1.59 | 1.32 | 1.65 | 1.38 | 1.02 | 7.76 | 1.50 | 0.48 | 0.27 | 0.23 | 0.36 | 0.19 | ||
| 2.46 | 1.59 | 1.56 | 2.80 | 1.69 | 2.82 | 55.07 | 0.15 | 0.62 | 1.93 | 3.41 | 9.47 | 9.23 | 3.86 | ||
| -35.9% | -41.5% | 30.3% | 87.1% | 94.8% | 136.8% | 111.9% | 76.2% | 48.6% | 43.1% | 59.4% | 204.2% | 161.3% | 29.7% | ||
| -10.4% | -16.0% | 11.8% | 23.0% | 35.3% | 35.8% | 2.0% | 66.0% | 30.1% | 14.7% | 13.5% | 19.5% | 15.8% | 6.1% | ||
| -0.50 | -4.13 | 11.94 | 33.81 | 56.80 | - | - | - | - | - | - | - | - | - | ||
| - | 32 days | - | - | - | - | - | - | - | - | - | - | - | 38 days | ||
| - | 33 days | - | - | - | - | - | - | - | - | - | - | - | 52 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.
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 17 | 15 | 16 | 15 | 15 |
| full-time | 17 | 15 | 16 | 14 | 15 |
| part-time | 0 | 0 | 0 | 1 | 0 |
| in full-time equivalents | 17 | 15 | 16 | 14.9 | 15 |
| 17 | 15.7 | 15.9 | 15.1 | 13.9 | |
| On a permanent contract | 17 | 15 | 16 | 15 | 15 |
| Joined | 4 | 0 | 6 | 2 | 6 |
| Left | 2 | 1 | 5 | 2 | 4 |
| Training hours | 540 | 436 | 261 | 315 | 513 |
Source: social balance sheet in the 2021 to 2025 annual accounts
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €4,101 | €12,509 | €12,429 | €18,726 | €14,466 |
| Intangible fixed assets | - | - | €37,390 | - | - |
| €18,874 | €20,746 | €11,451 | €5,346 | €5,365 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €37,106, smaller than the loss of €102,619 in 2024.
Debt's share of the balance-sheet total rises from 61.4% to 71.1%. Equity is lower and debt is higher.
Further up the chainProximus NXT IT 100%PROXIMUS 100%FEDERALE PARTICIPATIE- EN INVESTERINGSMAATSCHAPPIJ 53.51%Belgische Staat 100%
Source: parent in its own accounts, lists of holdings in the owners' accounts
Source: list of holdings in the 2025 accounts of Codit holding. Holdings that file themselves stand with their latest accounts, the others with the amounts of that list, in their own currency.
Part of the group Belgische Staat Group, risk and exposureThe network starts from the directors of CODIT MANAGED SERVICES. Every other company they run is a node.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
CODIT MANAGED SERVICES is no longer in the KBO register. CODIT took it over in a merger by absorption, published in the Belgian Official Gazette on 29 May 2026.
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 44032A0472/00R003 | 1.9 ha | 1 · 8,006 m² | 49.2 m · 8 |
If something looks wrong or is missing, please tell us.