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CODO

Active Private limited companyfounded 2009active for 17 yearsHovesesteenweg 114, 2530 BoechoutKBO/BCE: BE 0810.536.354
CODO
Financial year 2025
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Annual accounts 2025

micro format, filed on 18-09-2026, 49 days late
€197,342
▲ 19.3%
€146,679
▲ 37.3%
€95,978
▲ 45.3%
€107,603
▲ 75.6%
26.3%
▲ 0.3 percentage points
1.63
▲ 0.21

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €400,000. Estimated: probably between €300,000 and €490,000.

Balance sheet

balance sheet total €959,032 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

26.3%

Higher than 26% of 11,794 companies in 2025.

1.63

Higher than 40% of 11,521 companies in 2025.

10.0%

Higher than 46% of 11,605 companies in 2025.

CODO Middle half of the sector 80% of the sector Micro accounts in architecture and engineering (NACE 71)

Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019201820172016201520142013201220112010
Balance sheet: assets
20/58 959,032628,978589,973634,998604,067640,575631,437412,953403,101494,723443,909261,657226,58591,01844,52817,032
20 -------0--------
21/28 680,956423,456449,163488,386507,918533,491537,373340,967351,236374,198297,839136,219142,46311,43315,165127
21 -------0--------
22/27 680,956423,456449,163488,386507,918533,491537,373340,967351,236374,198297,839136,219142,46311,43315,165127
22 669,478412,047433,589467,317501,949523,576527,521331,824343,673364,252290,621128,968136,063---
23 11,47711,08314,92119,4912,7493,6045,2443,2271,0322,1421,236543498130285127
24 03266531,5773,2205,0504,6085,3645,4266,1463,7723,9452,5877,1359,859-
26 ------05531,1051,6582,2102,7633,3164,1685,021-
27 ----01,262-0--------
28 -------0--------
29/58 278,076205,522140,811146,61296,149107,08394,06471,98651,865120,526146,070125,43884,12279,58529,36316,905
29 -------0--------
290 -------0--------
291 -------0--------
3 -------0-3911881452804105303,120
30/36 -------0-3911881452804105303,120
37 -------0--------
40/41 18,762151,079123,954125,24027,66885,45261,17532,17118,86156,02837,30917,86841,16621,22715,3494,784
40 18,762132,468117,14213,06827,66885,45261,17530,8246,70145,6399,6096,7002,61321,22715,3493,917
41 018,6116,812112,172--01,34612,15910,38927,70011,16838,553--867
50/53 250250250250250250250250--------
54/58 257,39135,02014,87117,38065,06917,90028,16433,73131,54563,392108,125106,97842,36857,62912,8758,223
490/1 1,67419,1731,7363,7423,1613,4814,4755,8331,459714448446308319609777
Balance sheet: equity and liabilities
10/49 959,032628,978589,973634,998604,067640,575631,437412,953403,101494,723443,909261,657226,58591,01844,52817,032
10/15 252,196163,71998,64889,99866,51937,32732,80831,96441,906101,42988,46974,01154,27947,90714,5467,652
10/11 6,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,200
100 ------18,60018,60018,60018,60018,60018,60018,60018,60018,60018,600
101 ------12,40012,40012,40012,40012,40012,40012,40012,40012,40012,400
11 -------0--------
1100/10 -------0--------
12 -------0--------
13 245,996157,51992,44883,79860,31931,12726,60825,76435,70695,22982,26967,81148,07941,7078,3461,452
130/1 -01,8601,8601,8601,860-0--------
130 ------1,8601,8601,8601,8601,8601,8601,8601,8601,8601,452
1311 -01,8601,8601,8601,860----------
1312 -------0--------
1319 -------0--------
132 -------0--------
133 245,996157,51990,58881,93858,45929,26724,74823,90433,84693,36980,40965,95146,21939,8476,486-
14 00-----0--------
15 -------0--------
19 -------0--------
16 -------0--12,0005,000----
160/5 -------0--12,0005,000----
160 -------0--------
161 -------0--------
162 -------0--------
163 -------0--------
164/5 -------0--------
168 -------0--------
17/49 706,836465,259491,326545,000537,548603,248598,629380,989361,195393,294343,440182,646172,30643,11229,9829,379
17 531,414301,966338,389390,075432,712474,432499,890311,562330,808350,450282,085134,160142,215---
170/4 531,414301,966338,389390,075432,712474,432499,890311,562330,808350,450282,085134,160142,215---
175 -------0--------
176 -------0--------
178/9 -------0--------
42/48 170,474144,256151,793151,911103,380121,63490,34065,96925,88338,31556,85242,53528,22142,24629,9829,379
42 45,55244,53451,68541,98641,72140,82739,91019,24619,64219,13418,6418,0567,785---
43 -------0--------
430/8 -------0--------
439 -------0--------
44 8,5621,24511,35669,07220,1218,5976,43822,1885,8506,36311,71516,4806,4492,0707,4361,360
440/4 8,5621,24511,35669,07220,1218,5976,43822,1885,8506,36311,71516,4806,4492,0707,4361,360
441 -------0--------
46 -------0-------1,000
45 37,87730,81432,53721,1311,37641,71914,2081,42739112,81816,4968,0003,98717,2596,984-
450/3 35,70630,81430,63621,1311,37641,71914,2081,42739112,81816,4968,0003,98717,2596,984-
454/9 2,17101,900----0--------
47/48 78,48267,66456,21519,72140,16230,49129,78423,109--10,00010,00010,00022,91815,5627,020
492/3 4,94819,0361,1433,0141,4577,1828,3993,4584,5044,5294,5045,9501,870865--
Income statement
76A -------0--------
9900 197,342165,48497,11066,65293,952115,04083,23127,248-22,74659,479102,27568,35154,67069,80923,2202,816
62 -------03403,6304,2605,5001623,0541,104615
630 44,29939,29940,22238,03937,44436,64636,13224,42422,96235,05950,99310,71631,7516,7685,832688
631/4 --0-38,404038,404-0--12,000------
635/8 -------0--7,0005,000----
640/8 6,36419,3376,7496,89210,37519,21221,1603,3203,4382,7451,2851,3466521,466331104
649 -------0--------
66A -------0--------
9901 146,679106,84850,13860,12546,13320,77825,939-495-49,48530,04538,73645,78922,10458,52115,9531,408
75/76B 1,4089221125021268563003832278163138
75 1,4089221125021268563003832278163138
76B -------0--------
65/66B 11,82012,4709,69524,95512,57912,65716,2209,1499,6789,2898,5497,8991,3171,1148092
65 11,82012,4709,69511,44512,57912,65716,2209,1499,6789,2898,5497,8991,3171,1148092
66B --013,509---0--------
9903 136,26794,38740,66435,18133,6048,1419,986-9,588-59,13320,75630,19137,97321,01357,48815,9351,454
67/77 40,29028,31532,01411,7024,4123,6229,1423553897,7965,7338,2424,64114,1274,0421
9904 95,97866,0718,65023,47929,1924,519844-9,943-59,52312,96024,45829,73216,37343,36111,8941,452
789 -------0--------
689 -------0--------
9905 95,97866,0718,65023,47929,1924,519844-9,943-59,52312,96024,45829,73216,37343,36111,8941,452
Appropriation of the result
9906 95,97866,0718,65023,47929,1924,519844-9,943-59,52312,96024,45829,73216,37343,36111,8941,452
791/2 ------09,94359,523-------
691/2 88,47865,0718,65023,47929,1924,5198440-12,96014,45819,7326,37333,3616,8941,452
691 -------0--------
6920 -------0------4081,452
6921 88,47865,0718,65023,47929,1924,5198440-12,96014,45819,7326,37333,3616,486-
694/7 7,5001,000-----0--10,00010,00010,00010,0005,000-
694 -------0--------
695 7,5001,000-----0--10,00010,00010,00010,0005,000-
696 -------0--------
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The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 18-09-2026.

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Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 49 days after the deadline. Filed on 18 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00517792.

Financial year Type Filed Reference Document
31-12-2025 micro format 18-09-2026 2026-00517792 PDF
31-12-2024 micro format 28-07-2025 2025-00315252 PDF
31-12-2023 micro format 28-06-2024 2024-00195827 PDF
31-12-2022 micro format 28-08-2023 2023-00372569 PDF
31-12-2021 micro format 22-11-2022 2022-20524457 PDF
31-12-2020 micro format 30-08-2021 2021-64000089 PDF
31-12-2019 micro format 31-12-2020 2020-78000186 PDF
31-12-2018 micro format 28-08-2019 2019-54300343 PDF
31-12-2017 abbreviated format 16-07-2018 2018-32700282 PDF
31-12-2016 abbreviated format 31-08-2017 2017-52800564 PDF
31-12-2015 abbreviated format 30-08-2016 2016-51300173 PDF
31-12-2014 abbreviated format 14-08-2015 2015-41900001 PDF
31-12-2013 abbreviated format 13-08-2014 2014-41100111 PDF
31-12-2012 abbreviated format 01-07-2013 2013-23400540 PDF
31-12-2011 abbreviated format 13-07-2012 2012-28700601 PDF
31-12-2010 abbreviated format 10-06-2011 2011-15000199 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019201820172016201520142013201220112010
190,979146,14790,36098,16483,57757,42362,07123,929-26,52465,10489,72956,50553,85565,28921,7852,096
140,277105,37048,87261,51966,63641,16536,97714,481-36,56148,01975,45140,44848,12450,12817,7262,141
301,79913,59299918,50713,13332,764232,53814,1550111,417212,6134,472162,7813,03620,870305
222,37120,149-2,509-47,68947,169-10,264-5,5672,186-31,847-44,7331,14764,611-15,26144,7544,652-
107,60361,266-10,983-5,299-7,231-14,5503,7246,01625,98282,21089,21882,90255,90237,339-6197,525
26.3%26.0%16.7%14.2%11.0%5.8%5.2%7.7%10.4%20.5%19.9%28.3%24.0%52.6%32.7%44.9%
1.631.420.930.970.930.881.041.092.003.152.572.952.981.880.981.80
1.631.420.930.970.930.881.041.092.003.142.572.952.971.870.961.47
2.802.844.986.068.0816.1618.2511.928.623.883.882.473.170.902.061.23
38.1%40.4%8.8%26.1%43.9%12.1%2.6%-31.1%-142.0%12.8%27.6%40.2%30.2%90.5%81.8%19.0%
10.0%10.5%1.5%3.7%4.8%0.7%0.1%-2.4%-14.8%2.6%5.5%11.4%7.2%47.6%26.7%8.5%
16.1611.729.328.586.64-----------

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.

Securities and guarantees

on own assets and for others
Item20252024202320222021
Mortgages, amount registered€100,000€100,000€100,000€100,000€100,000
€298,000€298,000€298,000€298,000€298,000
Carrying value of the mortgaged assets€375,079€412,047€433,589€467,317€501,949

Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€301,799€13,592€999€18,507€13,133
€44,299€39,299€40,222€38,039€37,444

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on CODO

The operating result for 2025 is 37% higher than in 2024 and the highest since 2010. It is the second rise in a row, after the fall in 2023.

Debt's share of the balance-sheet total falls from 74.0% to 73.7%. Equity and debt are higher.

Next steps

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