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Codivex

Active
Private limited companyfounded 2007active for 19 yearsVlimmersebaan 136, 2275 Lille, Belgium13 active companies are registered at this addressKBO/BCE: BE 0891.490.178
Summary

Codivex has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €504,105 and a net result of €54,034. Equity is growing by about 10% per year across the filed financial years. Its solvency ranks better than 95% of 592 sector peers (NACE 33, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Installation of industrial machinery and equipment
NACE 33200
1 site
Size
€536,636total assets 2025
Equity
€504,105
Profit
€54,034
Turnover not published (abbreviated format)
Financial health
95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Parent
Zeanco · 99.5%
2025 accounts filed 27 days late1 of 4 deeds summarised
Why 95raises riskLast filed accounts filed 27 days late; 1 of the last 3 latelowers riskLiquidity: current ratio 14.05, cash €142,592Equity €504,105 (93.9% of total assets)Founded in 2007Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 63% of its sector peers (NACE 33, micro)
Financial strength · tick = 2024
Strong
Solvency 100=
equity 93.9% of total assets
Liquidity 83+17
short-term debt 6.1% · cash 26.6%
Profitability 81+1
return on assets 10.1%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (2,388 companies, NACE 33, micro)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.4%▲ +0.1 percentage points vs 06-2025 08-2025: 0.6%▲ +0.2 percentage points vs 07-2025 09-2025: 0.8%▲ +0.2 percentage points vs 08-2025highest value 10-2025: 0.2%▼ -0.6 percentage points vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.3%▲ +0.1 percentage points vs 06-2026 08-2026: 0.4%▲ +0.1 percentage points vs 07-2026 09-2026: 0.1%▼ -0.3 percentage points vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €45,000 on 30-day terms is acceptable
Liquidity ample (current ratio 14.05, compared with 10.25 in 2024, above the usual 1.5; short-term debt: 6.1% and cash: 26.6% of total assets), and 6.1% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 33, micro): better than 91% on solvency, 81% on liquidity, 55% on profitability and 24% on growth.

The bankruptcy probability was computed on 25-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

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Signals

Five signals.
lowers riskraises risk
lowers risk · Liquidity: current ratio 14.05, cash €142,592
NBB · annual accounts
lowers risk · Equity €504,105 (93.9% of total assets)
NBB · annual accounts
raises risk · Last filed accounts filed 27 days late; 1 of the last 3 late
NBB · filings
lowers risk · Founded in 2007
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · 2025 accounts filed 27 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
27 days late
2024
57 days late
2023
28 days late
2022
58 days late
2021
31 days late
2020
48 days late
2019
42 days late
← 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 42 days after the deadline; the sector median (NACE 33) for financial year 2024 is 3 days before the deadline, and 39% 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 31 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
26-10-2026 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 · abbreviated…
  2. Annual accounts filedfinancial year 2024 · abbreviated…
  3. Liquidity more than triplescurrent ratio 10.25

Financials · financial year 2025, abbreviated format

2025 annual accounts filed late (27 days) Filed on 27 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00432943.

Equity
€504,105▼ 8.4%
2024 · €550,072
Total assets
€536,636▼ 10.4%
2024 · €598,750
Net result
€54,034▼ 1.0%
2024 · €54,585
Working capital
€424,444▼ 5.8%
2024 · €450,434
Trend over the years

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

The operating result has fallen two years in a row; 2025 is 5% below 2024.

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

Operating result€0.07m 2025 Net result€0.05m 2025

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

Sector: the middle half of NACE 33, Repair, maintenance and installation of machinery and equipment: 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
Operating result-€0.2m--€0.06m▲ 63.0%€0.2m€0.2m▼ 33.5%€0.05m▼ 65.5%€0.1m▲ 103%€0.08m▼ 29.7%€0.07m▼ 4.5%
Net result-€0.2m--€0.06m▲ 66.1%€0.2mabove the sector's middle half€0.1mwithin the sector's middle half▼ 43.2%€0.03mwithin the sector's middle half▼ 74.4%€0.08mwithin the sector's middle half▲ 129%€0.05mwithin the sector's middle half▼ 28.8%€0.05mwithin the sector's middle half▼ 1.0%
Equity€0.2m-€0.2m▼ 23.8%€0.4mwithin the sector's middle half▲ 91.9%€0.5mwithin the sector's middle half▲ 29.8%€0.5mwithin the sector's middle half▲ 2.9%€0.5mwithin the sector's middle half▲ 3.9%€0.6mwithin the sector's middle half▲ 11.0%€0.5mwithin the sector's middle half▼ 8.4%
Total assets€1.3m-€0.7m▼ 44.7%€0.8mwithin the sector's middle half▲ 10.9%€0.7mwithin the sector's middle half▼ 11.5%€0.9mwithin the sector's middle half▲ 34.3%€0.7mwithin the sector's middle half▼ 23.8%€0.6mwithin the sector's middle half▼ 16.4%€0.5mwithin the sector's middle half▼ 10.4%
Debt€1.0m-€0.5m▼ 49.5%€0.4m▼ 17.6%€0.2m▼ 45.4%€0.5m▲ 95.8%€0.2m▼ 52.4%€0.05m▼ 77.9%€0.03m▼ 33.2%
Working capital€0.1m-€0.08m▼ 37.3%€0.2mwithin the sector's middle half▲ 196%€0.3mwithin the sector's middle half▲ 47.6%€0.4mwithin the sector's middle half▲ 6.8%€0.4mwithin the sector's middle half▲ 8.6%€0.5mwithin the sector's middle half▲ 15.8%€0.4mwithin the sector's middle half▼ 5.8%
Solvency18.9%-26.1%▲ 7.1pp45.1%within the sector's middle half▲ 19.0pp66.2%above the sector's middle half▲ 21.0pp50.7%within the sector's middle half▼ 15.5pp69.2%above the sector's middle half▲ 18.5pp91.9%above the sector's middle half▲ 22.7pp93.9%above the sector's middle half▲ 2.1pp
Current ratio1.12-1.16▲ 0.031.57within the sector's middle half▲ 0.412.57within the sector's middle half▲ 1.001.80within the sector's middle half▼ 0.772.79above the sector's middle half▲ 1.0010.25above the sector's middle half▲ 7.4614.05above the sector's middle half▲ 3.79
Return on assets (ROA)-13.3%--8.2%▲ 5.2pp29.2%above the sector's middle half▲ 37.4pp18.8%above the sector's middle half▼ 10.5pp3.6%within the sector's middle half▼ 15.2pp10.7%within the sector's middle half▲ 7.1pp9.1%within the sector's middle half▼ 1.6pp10.1%within the sector's middle half▲ 1.0pp
Staff (FTE)6.1-3.9▼ 36.1%1.9below the sector's middle half▼ 51.3%2.3within the sector's middle half▲ 21.1%0.4below the sector's middle half▼ 82.6%
above within below the middle half of NACE 33, Repair, maintenance and installation of machinery and equipment: 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.
Turnover and EBIT margin not published: the abbreviated format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €536,636
Fixed assets €79,662 ▼ 20.0%
Current assets €456,975 ▼ 8.4%
Equity and liabilities €536,636
Equity €504,105 ▼ 8.4%
Debt €32,531 ▼ 33.2%
Debt's share of the balance-sheet total falls from 8.1% to 6.1%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€93,291▼
2024 · €98,687
Cash flow
€74,009▼
2024 · €76,480
Quick ratio
9.89▲
2024 · 6.74
Debt to equity
0.06▼
2024 · 0.09
ROE
10.7%▲
2024 · 9.9%
Interest coverage
52.72▲
2024 · 19.07
Debt ≤ 1 year
€32,531▼
2024 · €48,678
Income taxes
€18,175▼
2024 · €18,640
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 17,811 companies that looked in July 2024 the way this one looks now, 0.3% went bankrupt within 24 months and 96.5% are still going.

  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.3% went bankrupt
3.2% stopped otherwise
96.5% still going

For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 17,811 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines
Balance sheet Code20242025
Assets
Total assets20/58€598,750€536,636▼
Fixed assets21/28€99,637€79,662▼
Tangible fixed assets22/27€99,637€79,662▼
Land and buildings22€78,750€69,000▼
Plant, machinery and equipment23€5,747€4,065▼
Furniture and vehicles24€13,559€5,419▼
Other tangible fixed assets26€1,581€1,178▼
Current assets29/58€499,112€456,975▼
Stocks and contracts in progress3€171,217€135,386▼
Stocks30/36€171,217€135,386▼
Amounts receivable within one year40/41€252,863€173,068▼
Trade receivables40€171,569€159,049▼
Other amounts receivable41€81,294€14,019▼
Cash at bank and in hand54/58€75,033€142,592▲
Deferred charges and accrued income490/1-€5,928
Equity and liabilities
Total equity and liabilities10/49€598,750€536,636▼
Equity10/15€550,072€504,105▼
Contributions10/11€22,000€22,000=
Reserves13€547,987€447,987▼
Distributable reserves133€547,987€447,987▼
Profit (loss) carried forward14-€19,916€34,118▲
Amounts payable17/49€48,678€32,531▼
Amounts payable within one year42/48€48,678€32,531▼
Current portion of amounts payable after more than one year42€3,426-
Financial debts43-€5,060
Credit institutions430/8-€5,060
Trade debts44€5,958€16,138▲
Suppliers440/4€5,958€16,138▲
Taxes, remuneration and social security45€39,286€11,332▼
Taxes450/3€39,286€11,332▼
Other amounts payable47/48€8-
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21,895€19,976▼
Other operating charges640/8€2,649€2,102▼
Gross operating margin9900€101,336€95,393▼
Operating profit (loss)9901€76,792€73,315▼
Financial income75/76B€1,608€663▼
Recurring financial income75€1,608€663▼
Financial charges65/66B€5,174€1,770▼
Recurring financial charges65€5,174€1,770▼
Profit (loss) for the period before taxes9903€73,225€72,208▼
Income taxes67/77€18,640€18,175▼
Profit (loss) for the period9904€54,585€54,034▼
Profit (loss) for the period to be appropriated9905€54,585€54,034▼
Appropriation of the result
Profit (loss) to be appropriated9906-€19,916€34,118▲
Profit (loss) brought forward from the previous period14P-€74,501-€19,916▲
Transfer from equity791/2-€100,000
Profit to be distributed694/7-€100,000
Return on contributions (dividend)694-€100,000

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Remuneration, social security and pensions62---€157,990€43,629----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28,664€22,906€17,625€23,468€23,649€24,902€21,895€19,976▼ 8.8%
Other operating charges640/8---€4,473€3,013€3,185€2,649€2,102▼ 20.7%
Gross operating margin9900€176,166€191,667€360,785€341,645€123,937€137,248€101,336€95,393▼ 5.9%
Operating profit (loss)9901-€158,826-€58,708€234,165€155,714€53,646€109,161€76,792€73,315▼ 4.5%
Financial income75/76B---€1,840€17€8€1,608€663▼ 58.8%
Recurring financial income75€3,028€10,320€3,662€1,840€17€8€1,608€663▼ 58.8%
Financial charges65/66B---€6,132€4,967€4,029€5,174€1,770▼ 65.8%
Recurring financial charges65€14,801€9,225€6,478€6,132€4,967€4,029€5,174€1,770▼ 65.8%
Profit (loss) for the period before taxes9903-€170,599-€57,614€231,350€151,422€48,696€105,141€73,225€72,208▼ 1.4%
Income taxes67/77€955€580€364€20,146€15,147€28,422€18,640€18,175▼ 2.5%
Profit (loss) for the period9904-€171,554-€58,194€230,986€131,276€33,550€76,719€54,585€54,034▼ 1.0%
Profit (loss) for the period to be appropriated9905-€171,554-€58,194€230,986€131,276€33,550€76,719€54,585€54,034▼ 1.0%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€1.3m€0.7m€0.8m€0.7m€0.9m€0.7m€0.6m€0.5m▼ 10.4%
Fixed assets21/28€0.2m€0.1m€0.2m€0.2m€0.1m€0.1m€0.1m€0.08m▼ 20.0%
Tangible fixed assets22/27€0.2m€0.1m€0.2m€0.2m€0.1m€0.1m€0.1m€0.08m▼ 20.0%
Land and buildings22---€0.1m€0.1m€0.09m€0.08m€0.07m▼ 12.4%
Plant, machinery and equipment23---€0.002m€0.004m€0.005m€0.006m€0.004m▼ 29.3%
Furniture and vehicles24---€0.03m€0.02m€0.01m€0.01m€0.005m▼ 60.0%
Other tangible fixed assets26---€0.01m€0.006m€0.002m€0.002m€0.001m▼ 25.5%
Current assets29/58€1.1m€0.6m€0.6m€0.5m€0.8m€0.6m€0.5m€0.5m▼ 8.4%
Stocks and contracts in progress3€0.1m€0.2m€0.2m€0.2m€0.1m€0.2m€0.2m€0.1m▼ 20.9%
Stocks30/36---€0.2m€0.1m€0.2m€0.2m€0.1m▼ 20.9%
Amounts receivable within one year40/41€0.6m€0.3m€0.4m€0.2m€0.6m€0.4m€0.3m€0.2m▼ 31.6%
Trade receivables40---€0.2m€0.6m€0.3m€0.2m€0.2m▼ 7.3%
Other amounts receivable41---€0.01m€0.03m€0.09m€0.08m€0.01m▼ 82.8%
Current investments50/53€357--------
Cash at bank and in hand54/58€0.4m€0.07m€0.03m€0.08m€0.06m€0.04m€0.08m€0.1m▲ 90.0%
Deferred charges and accrued income490/1---€0.007m€0.007m€0.004m-€0.006m-
Equity and liabilities
Total equity and liabilities10/49€1.3m€0.7m€0.8m€0.7m€0.9m€0.7m€0.6m€0.5m▼ 10.4%
Equity10/15€0.2m€0.2m€0.4m€0.5m€0.5m€0.5m€0.6m€0.5m▼ 8.4%
Contributions10/11€0.02m€0.02m-€0.02m€0.02m€0.02m€0.02m€0.02m=
Reserves13€0.5m€0.5m€0.5m€0.5m€0.5m€0.5m€0.5m€0.4m▼ 18.2%
Non-distributable reserves130/1---€0.002m€0.002m----
Reserves not available under the articles1311---€0.002m€0.002m----
Distributable reserves133---€0.5m€0.5m€0.5m€0.5m€0.4m▼ 18.2%
Profit (loss) carried forward14-€0.3m-€0.4m-€0.2m-€0.1m-€0.09m-€0.07m-€0.02m€0.03m-
Amounts payable17/49€1.0m€0.5m€0.4m€0.2m€0.5m€0.2m€0.05m€0.03m▼ 33.2%
Amounts payable after more than one year17€0.05m€0.04m€0.03m€0.02m€0.01m€0.003m---
Financial debts170/4---€0.02m€0.01m€0.003m---
Amounts payable within one year42/48€1.0m€0.5m€0.4m€0.2m€0.5m€0.2m€0.05m€0.03m▼ 33.2%
Current portion of amounts payable after more than one year42---€0.009m€0.009m€0.01m€0.003m--
Financial debts43---€0.08m-€0.05m-€0.005m-
Credit institutions430/8---€0.08m-€0.05m-€0.005m-
Trade debts44€0.7m€0.2m€0.2m€0.07m€0.4m€0.05m€0.006m€0.02m▲ 171%
Suppliers440/4---€0.07m€0.4m€0.05m€0.006m€0.02m▲ 171%
Taxes, remuneration and social security45---€0.03m€0.02m€0.05m€0.04m€0.01m▼ 71.2%
Taxes450/3---€0.01m€0.02m€0.05m€0.04m€0.01m▼ 71.2%
Remuneration and social security454/9---€0.02m-----
Other amounts payable47/48---€0.03m€0.02m€0.06m€8--
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€171,554-€58,194€230,986€131,276€33,550€76,719€54,585€54,034▼ 1.0%
+ Depreciation and write-downs630€28,664€22,906€17,625€23,468€23,649€24,902€21,895€19,976▼ 8.8%
Operating cash flow (approximation)-€142,890-€35,288€248,610€154,744€57,198€101,620€76,480€74,009▼ 3.2%
Investment in fixed assets (approximation)--€1,567-€28,948-€12,306-€4,860-€3,353-€11,725€0-
Change in cash--€288,801-€44,465€49,290-€17,332-€17,810€31,665€67,560▲ 113%

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

Latest 10 of 18 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 abbreviated format 27-08-2026 2026-00432943
31-12-2024 abbreviated format 26-09-2025 2025-00504758
31-12-2023 abbreviated format 28-08-2024 2024-00382838
31-12-2022 abbreviated format 27-09-2023 2023-00455455
31-12-2021 abbreviated format 31-08-2022 2022-20362532
31-12-2020 abbreviated format 17-09-2021 2021-67400184
31-12-2019 abbreviated format 11-09-2020 2020-52300273
31-12-2018 abbreviated format 27-06-2019 2019-23100420
31-12-2017 abbreviated format 06-06-2018 2018-15800556
31-12-2016 abbreviated format 21-06-2017 2017-18900568

Show all 18 filings

Similar companies · same sector, comparable size

Of the 1,203 active companies whose main activity is installation of industrial machinery and equipment (NACE 33200), figures are known for 690. 451 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2022 to 2025 · 2 entries · €384 awarded · €384 paid
Year Entries AwardedPaid
2025 1 €117€117
2022 1 €267€267
Schemes
2 entries · €384 · €384 paid · Fonds voor Innoveren en Ondernemen

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

Directors

Directors
No directors read yet: 1 of 4 Gazette acts processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

1 owner

Chain of control

  1. Zeanco 99.5%
  2. Codivex

Highest known parent: Zeanco. The sources do not say who stands above it.

Owners 1

Sources: the companies' annual accounts, 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.

Group and network

Connections & network

Depth

The network starts from this company’s shareholders. What else they own or run appears here as nodes.

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History

Codivex was incorporated on 20 August 2007.1 Total assets fell from €1.3m in 2018 to €536,636 in 2025 and headcount from 6.1 full-time equivalents in 2018 to 0.4 in 2022.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018, 2022 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
27-08
NBB filing Annual accounts filed
financial year 2025 · abbreviated format · 27 days late
2025
26-09
NBB filing Annual accounts filed
financial year 2024 · abbreviated format · 57 days late
2024
31-12
Financial Liquidity more than triplescurrent ratio 10.25
Current ratio from 2.79 to 10.25; short-term debt falls from €217,276 to €48,678.
31-12
Financial Equity above €500,000equity €550,072 ▲11%
5 profitable years in a row build equity to €550,072.
28-08
NBB filing Annual accounts filed
financial year 2023 · abbreviated format · 28 days late
2023
03-11
Gazette deed Amendment of the articles · Legal-form change · Resignations & appointments
Capital conversion · Reserve release · Director in office9 facts ▸
  • General meeting, 23-10-2023
  • Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
  • Reserve release, “statutair onbeschikbare eigen vermogensrekening, beschikbaar maken” (deed in Dutch)
  • Director in office, Zeanco (director)
  • Amendment of the articles
  • Other provision, “handtekening uittreksel, Voor ontledend uittreksel” (deed in Dutch)
  • Other provision, “tegelijk neergelegd, uitgifte van de akte” (deed in Dutch)
  • Other provision, “tegelijk neergelegd, lijst publicatiedata” (deed in Dutch)
  • Other provision, “tegelijk neergelegd, gecoördineerde statuten” (deed in Dutch)
27-09
NBB filing Annual accounts filed
financial year 2022 · abbreviated format · 58 days late
2022
31-08
NBB filing Annual accounts filed
financial year 2021 · abbreviated format · 31 days late
2021
17-09
NBB filing Annual accounts filed
financial year 2020 · abbreviated format · 48 days late
2020
31-12
Financial Back to profitnet €230,986
Net result €230,986 after 2 loss-making years.
31-12
Financial Equity above €200,000equity €356,943 ▲91.9%
Equity rises from €185,957 to €356,943.
11-09
NBB filing Annual accounts filed
financial year 2019 · abbreviated format · 42 days late
Show earlier events
2019
27-06
NBB filing Annual accounts filed
financial year 2018 · abbreviated format
2018
06-06
NBB filing Annual accounts filed
financial year 2017 · abbreviated format
2017
21-06
NBB filing Annual accounts filed
financial year 2016 · abbreviated format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 18 annual accounts filed, the latest 10 are here; all 18 are under Financials.
1 of 4 deeds read
About the unread acts

Of the 4 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPrivate limited company
Founded20-08-2007
Financial year end31-12
Activities, NACEBEL 2025
33200Installation of industrial machinery and equipment
62100Computer programming
E-invoicing
Reachable via Peppol
Peppol ID 0208:0891490178
Also 9925:BE0891490178
Registered 01-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 26 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, Lille · 1 establishment unit since 2007
registered office establishment The establishment unit on the map
Ground area
1.4 ha
Building footprint
7,609 m²
Building volume
51,524 m³
Parcel 13047A0198/00Y002, Flanders · tallest building 9.1 m. Linked by address, not a title deed.
13 companies at this address See who is registered here
1 establishment unit
CODIVEX
Vlimmersebaan 136, 2275 LilleManufacture of chemicals and chemical products
since 2007unit no. 2.164.897.864
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
13047A0198/00Y002 Flanders 1.4 ha 1 · 7,609 m² 9.1 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Vervaardiging van datumstempels,zegelstempels en numeroteurs,handetiketteermachines; Verstelbare handstempels en drukdozen,inktlinten voor…” (deed in Dutch)
45 activities (deed in Dutch)
  1. Vervaardiging van datumstempels,zegelstempels en numeroteurs,handetiketteermachines
  2. Verstelbare handstempels en drukdozen,inktlinten voor schrijfmachines en van stempelkussens
  3. Vervaardiging van optische instrumenten,apparaten en toestellen voor het meten en het controleren
  4. Vervaardiging van prisma’s,optische spiegels,kleurfilters,polarisatiefilters,enz.van glas of van andere materialen
  5. Vervaardiging van machines en werktuigen voor de drukkerij of voor de boekbinderij
  6. Vervaardiging van automatische gegevensverwerkende machines,inclusief microcomputers en tekstverwerkende machines:centrale verwerkingseenheden,interfaces,consoles,digitale machines,analoge machines
  7. Vervaardiging van randapparatuur:printers,terminals,enzovoorts,magnetische en optische lezers,machines voor het omzetten van gegevens in gecodeerde vorm op gegevensdragers
  8. Vervaardiging van overige elektrische benodigdheden
  9. Vervaardiging van elektrische signaal en alarmtoestellen
  10. Vervaardiging van elektrische signaalapparatuur,veiligheids,controle- en regelapparatuur voor verkeerswegen,spoor- en tramwegen,waterwegen,havens en vliegvelden
  11. Vervaardiging van elektrische apparatuur voor hoorbare of zichtbare signalen:bellen,sirenes,signaalborden,alarmapparatuur tegen diefstal of brand,enzovoorts
  12. Vervaardiging van elektromagnetisch materiaal voor industriële doeleinden
  13. Vervaardiging van elektromagneten,magnetische en elektromagnetische opspanplaten,gangwissels,remmen,koppelingen,werkstukhouders en lastmagneten
  14. Vervaardiging van overige elektrische benodigdheden
  15. Vervaardiging van machines,apparaten en werktuigen
  16. Vervaardiging van machines voor de productie en toepassing van mechanische energie,exclusief motoren voor luchtvaartuigen,motorvoertuigen en bromfietsen
  17. Vervaardiging van tandwielen,lagers en andere drijfwerkelementen
  18. Vervaardiging van rollagers,kogellagers en dergelijke lagers en van onderdelen daarvan
  19. Vervaardiging van mechanismen voor het overbrengen van kracht:drijfwerkassen,nokkenassen,krukassen enzovoorts,krukken:kussenblokken en lagerschalen
  20. Vervaardiging van getande overbrengingen,wrijvingswielen,tandwielkasten en andere overbrengingsmechanismen voor het opvoeren,vertragen of aanpassen van de snelheid
  21. Vervaardiging van koppelingen en koppelingsorganen
  22. Vervaardiging van vliegwielen en riemschijven(poules)
  23. Vervaardiging van kettingen van gelede schakels
  24. Vervaardiging van hydraulische overbrengingsmechanismen
  25. Vervaardiging van overige machines voor algemeen gebruik
  26. Vervaardiging van verpakkingsmachines
  27. Vervaardiging van machines voor het vullen,sluiten,verzegelen,capsuleren,etiketteren,enzovoorts
  28. Vervaardiging van verpakkingsinstallatie voorzien van een weeg of doseerinrichting
  29. Vervaardiging van drukinkt
  30. Groothandel in machines,apparaten en toebehoren
  31. Groothandel in overige machines en uitrusting voor industrieel gebruik
  32. Gespecialiseerde groothandel voor zover deze niet in één van de vorige categorieën is begrepen
  33. Groothandel in machines,apparaten en toebehoren
  34. Groothandel in overige kantoormachines en kantoorbenodigdheden
  35. Overige groothandel
  36. Overige reparaties
  37. Verhuur van overige machines en werktuigen
  38. Informatica en aanverwante activiteiten
  39. Activiteiten van systeemintegrators
  40. Advisering in verband met programmatuur en levering van programmatuur
  41. Realisatie van programma’s en gebruiksklare systemen
  42. Analyseren,ontwerpen,programmeren en eventueel uitgeven van gebruiksklare systemen,inclusief systemen van automatische dataidentificatie:ontwikkeling,productie,levering en samenstelling van documentatie
  43. Verlenen van bijstand bij de toepassing van programma’s
  44. Verlenen van advies met betrekking tot informaticaprogramma’s
  45. Etiketteren,zegelen en stempelen

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
Codivex
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaamse Gewest, eenvoudige beslissing van het bestuursorgaan” (deed in Dutch)

deed of 03-11-2023

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Bepaalde of onbepaalde duur bij gebreke bepaling geacht onbepaalde duur, een of meer personen” (deed in Dutch)
“Twee bestuurders beiden akkoord voor geldig besluit, voorzitter of bij afwezigheid lid aangeduid bij gewone meerderheid” (deed in Dutch)
“Bestuurder(s) of college bevoegd voor alle handelingen nodig of dienstig tot verwezenlijking voorwerp behoudens waarvoor volgens wet alleen…” (deed in Dutch)
“Geboekt op algemene kosten los van representatie- reis- en verplaatsingskosten, algemene vergadering met absolute meerderheid of enige…” (deed in Dutch)

deed of 03-11-2023

Capital, shares and profit

Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Kandidaat-overdrager en verzettende aandeelhouders ieder helft, geen beroep op rechter” (deed in Dutch)
2 more provisions on this in the deed

deed of 03-11-2023

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

Other provision: “Vennootschap met mandaat als lid bestuursorgaan of dagelijks bestuurder benoemt natuurlijk persoon als vaste vertegenwoordiger voor…” (deed in Dutch)
Other provision: “Dagelijks bestuur, bestuursorgaan bepaalt alleen of gezamenlijk optreden” (deed in Dutch)
Other provision: “18:00, zetel van de vennootschap” (deed in Dutch)
Other provision: “Toegang tot algemene vergadering, rechten verbonden aan aandelen niet geschorst” (deed in Dutch)
Other provision: “12-31, 01-01” (deed in Dutch)
Other provision: “Bestemming winst-reserves-uitkeringen, aanwending nettowinst door gewone algemene vergadering op voorstel bestuursorgaan” (deed in Dutch)
2 more provisions in the deed, see the deed of 03-11-2023

deed of 03-11-2023