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Codling food & event solutions

Active
Private limited companyfounded 200224 yrs activeNoordhinder 2, 8301 Knokke-Heist, BelgiumKBO/BCE: BE 0476.693.137

Codling food & event solutions has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €50k and a net result of €13k. Equity is growing by ~2.8% per year across the filed fiscal years. Its solvency ranks better than 64% of 37959 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2024
80 / 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability91▲+6
Solvency95▼-5
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 3.36 against 10.36 in 2023; short-term debt: 29.5% and cash: 0% of total assets), and 29.5% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 24 years 0 30 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
70.5%
Return on assets
17.9%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
29 d late
2023
1 d early
2022
4 d late
2021
16 d late
2020
4 d late
2019
41 d late
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€50k▲ 34.0%
2023 · €37k
2018: €37k 2019: €38k 2020: €39k 2021: €20k 2022: €32k 2023: €37k
2018 → 2024
Total assets
€71k▲ 72.6%
2023 · €41k
2018: €51k 2019: €51k 2020: €49k 2021: €34k 2022: €38k 2023: €41k
2018 → 2024
Net result
€13k▲ 137%
2023 · €5k
2018: €30k 2019: €1k 2020: €839 2021: €-19k 2022: €12k 2023: €5k
2018 → 2024
Working capital
€50k▲ 38.3%
2023 · €36k
2018: €38k 2019: €39k 2020: €35k 2021: €17k 2022: €29k 2023: €36k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€39k-€20k▼ 47.9%€32k▲ 58.8%€37k▲ 16.8%€50k▲ 34.0%
Operating result€433-€-18k€10k€4k▼ 60.0%€18k▲ 347%
Net result€839-€-19k€12k€5k▼ 54.7%€13k▲ 137%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€-10k€0€10k€20kOperating result 2020: €433€433Net result 2020: €839€839Operating result 2021: €-18k€-18kNet result 2021: €-19k€-19kOperating result 2022: €10k€10kNet result 2022: €12k€12kOperating result 2023: €4k€4kNet result 2023: €5k€5kOperating result 2024: €18k€18kNet result 2024: €13k€13k20202021202220232024
The operating result recovers in 2024; 2024 is 347% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €71k
Fixed assets €643▼ 60.4%
Current assets €71k▲ 78.0%
Equity and liabilities €71k
Equity €50k▲ 34.0%
Debt €21k▲ 450%
The debt ratio rises from 9.3% to 29.5%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€19k
2023 · €5k
Cash flow
€14k
2023 · €6k
Solvency
70.5%
2023 · 90.7%
Current ratio
3.36
2023 · 10.36
Quick ratio
3.36
2023 · 10.36
Debt / equity
0.42
2023 · 0.10
ROE
25.4%
2023 · 14.4%
ROA
17.9%
2023 · 13.0%
Interest coverage
165.80
2023 · 45.13
Debt
€21k
2023 · €4k
Debt ≤ 1 year
€21k
2023 · €4k
Income taxes
€9k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€41k€71k
Fixed assets21/28€2k€643
Tangible fixed assets22/27€2k€643
Furniture and vehicles24€2k€643
Current assets29/58€40k€71k
Amounts receivable after more than one year29€25k€25k=
Other amounts receivable291€25k€25k=
Amounts receivable within one year40/41€13k€46k
Trade receivables40€7k€18k
Other amounts receivable41€7k€28k
Cash at bank and in hand54/58€1k€0
Equity and liabilities
Total equity and liabilities10/49€41k€71k
Equity10/15€37k€50k
Contributions10/11€19k€19k=
Reserves13€19k€32k
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€19k€32k
Amounts payable17/49€4k€21k
Amounts payable within one year42/48€4k€21k
Financial debts43-€4k
Credit institutions430/8-€4k
Trade debts44€2k€6k
Suppliers440/4€2k€6k
Taxes, remuneration and social security45€2k€11k
Taxes450/3€2k€11k
Other amounts payable47/48€0-
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€980€980=
Other operating charges640/8€3k€2k
Gross operating margin9900€8k€21k
Operating profit (loss)9901€4k€18k
Financial income75/76B€1k€3k
Recurring financial income75€1k€3k
Financial charges65/66B€113€117
Recurring financial charges65€113€117
Profit (loss) for the period before taxes9903€5k€21k
Income taxes67/77-€9k
Profit (loss) for the period9904€5k€13k
Profit (loss) for the period to be appropriated9905€5k€13k
Appropriation of the result
Profit (loss) to be appropriated9906€5k€13k
Profit (loss) brought forward from the previous period14P€0-
Transfer to equity691/2€5k€13k
To other reserves6921€5k€13k

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
29-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
30-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
04-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 4 days late
2022
31-12
Financial Back to profitnet €12k
Net result €12k after one loss-making year.
31-12
Financial Liquidity triplescurrent ratio 5.71
Current ratio from 2.24 to 5.71; short-term debt falls from €13k to €6k.
16-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 16 days late
2021
31-12
Financial Weakest financial yearnet €-19k ▼2313%
Net result drops to €-19k, the lowest in the series; recovery starts the following year.
04-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 4 days late
2020
10-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 41 days late
2019
29-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
26-09
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 57 days late
2017
13-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
17-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 17 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Knokke-Heist · 1 establishment unit since 2002
establishment The establishment unit on the map
Cannot be placed on the map

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

Noordhinder 28301 Knokke-Heist
Ground area
584 m²
Building footprint
171 m²
Volume, LiDAR
774 m³
Parcel 31336B0420/00E002, Flanders · tallest building 6.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
codling catering&food solutions
Noordhinder 2, 8301 Knokke-HeistPre-press and pre-media services
since 20022.095.809.615
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31336B0420/00E002 Flanders 584 m² 1 · 171 m² 6.4 m · 1 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 5,700 companies in sector 70100 we hold annual accounts for 3,495. 2,041 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded17-01-2002
Fiscal year end31-12
Activities, NACEBEL
70100Activities of head offices
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers

Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

2 entries
E-mail:info@codling.be
Establishment Knokke-Heist 2.095.809.615
Phone:0474046351
Establishment Knokke-Heist 2.095.809.615