Equity
Equity rose in 2025 from €163,719 to €252,196.
Equity rose in 2025 from €163,719 to €252,196.
The micro format states no turnover.
Of this, €170,474 falls due within a year.
Green is investment, beige is depreciation. Land and buildings stand 62.5% higher than in 2024.
Seven of the last ten came late. The 2019 accounts came latest: 153 days after the end of the period.
Higher net result than 92% of companies in architecture and engineering. Sector median €16,709 · 11,795 companies.
The dashed line is the sector median: 0.1% across 14,828 companies (NACE 71, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 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 71, micro). It does better than 27% of them on solvency, 67% on liquidity, 51% on profitability and 83% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 2,609 companies had the same profile as CODO has now. Each dot stands for 7 companies, two years later.
That fits the bankruptcy probability of CODO itself: 0.1% within 12 months.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,609 companies, not a prediction for CODO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is ample, with a current ratio of 1.63 (1.42 in 2024), above the usual 1.5. Short-term debt is 17.8% and cash 26.8% of total assets. However, 73.7% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 48 days after the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| CODO Boechout | €1.0m | €197,342 | 26.3% | - |
| SQM Hasselt | €0.9m | €170,689 | 76.6% | 1.9 |
| E-Manager Lier | €1.4m | €212,613 | 20.6% | - |
| BDP Management Antwerp | €1.4m | €257,967 | 90.6% | - |
| PEB Certi Ghent | €0.8m | €179,671 | 33.0% | - |
| MGM Consulting Woluwe-Saint-Pierre | €0.7m | €175,348 | 69.8% | - |
| TER VLIET Wervik | €0.6m | €200,908 | 75.3% | - |
These companies have the same main activity as CODO: other technical testing and analysis (NACE 71209). They are comparable in size and age: total assets between €643,000 and €1.4m, founded between 2005 and 2009.
CODO files the micro format. That format states no turnover. The gross margin rose from €2,816 in 2010 to €197,342 in 2025.
The balance sheet grew most from 2024 to 2025 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
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.
Higher than 26% of 11,794 companies in 2025.
Higher than 40% of 11,521 companies in 2025.
Higher than 46% of 11,605 companies in 2025.
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||
20/58 |
959,032 | 628,978 | 589,973 | 634,998 | 604,067 | 640,575 | 631,437 | 412,953 | 403,101 | 494,723 | 443,909 | 261,657 | 226,585 | 91,018 | 44,528 | 17,032 | |
20 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | |
21/28 |
680,956 | 423,456 | 449,163 | 488,386 | 507,918 | 533,491 | 537,373 | 340,967 | 351,236 | 374,198 | 297,839 | 136,219 | 142,463 | 11,433 | 15,165 | 127 | |
21 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | |
22/27 |
680,956 | 423,456 | 449,163 | 488,386 | 507,918 | 533,491 | 537,373 | 340,967 | 351,236 | 374,198 | 297,839 | 136,219 | 142,463 | 11,433 | 15,165 | 127 | |
22 |
669,478 | 412,047 | 433,589 | 467,317 | 501,949 | 523,576 | 527,521 | 331,824 | 343,673 | 364,252 | 290,621 | 128,968 | 136,063 | - | - | - | |
23 |
11,477 | 11,083 | 14,921 | 19,491 | 2,749 | 3,604 | 5,244 | 3,227 | 1,032 | 2,142 | 1,236 | 543 | 498 | 130 | 285 | 127 | |
24 |
0 | 326 | 653 | 1,577 | 3,220 | 5,050 | 4,608 | 5,364 | 5,426 | 6,146 | 3,772 | 3,945 | 2,587 | 7,135 | 9,859 | - | |
26 |
- | - | - | - | - | - | 0 | 553 | 1,105 | 1,658 | 2,210 | 2,763 | 3,316 | 4,168 | 5,021 | - | |
27 |
- | - | - | - | 0 | 1,262 | - | 0 | - | - | - | - | - | - | - | - | |
28 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | |
29/58 |
278,076 | 205,522 | 140,811 | 146,612 | 96,149 | 107,083 | 94,064 | 71,986 | 51,865 | 120,526 | 146,070 | 125,438 | 84,122 | 79,585 | 29,363 | 16,905 | |
29 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | |
290 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | |
291 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | |
3 |
- | - | - | - | - | - | - | 0 | - | 391 | 188 | 145 | 280 | 410 | 530 | 3,120 | |
30/36 |
- | - | - | - | - | - | - | 0 | - | 391 | 188 | 145 | 280 | 410 | 530 | 3,120 | |
37 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | |
40/41 |
18,762 | 151,079 | 123,954 | 125,240 | 27,668 | 85,452 | 61,175 | 32,171 | 18,861 | 56,028 | 37,309 | 17,868 | 41,166 | 21,227 | 15,349 | 4,784 | |
40 |
18,762 | 132,468 | 117,142 | 13,068 | 27,668 | 85,452 | 61,175 | 30,824 | 6,701 | 45,639 | 9,609 | 6,700 | 2,613 | 21,227 | 15,349 | 3,917 | |
41 |
0 | 18,611 | 6,812 | 112,172 | - | - | 0 | 1,346 | 12,159 | 10,389 | 27,700 | 11,168 | 38,553 | - | - | 867 | |
50/53 |
250 | 250 | 250 | 250 | 250 | 250 | 250 | 250 | - | - | - | - | - | - | - | - | |
54/58 |
257,391 | 35,020 | 14,871 | 17,380 | 65,069 | 17,900 | 28,164 | 33,731 | 31,545 | 63,392 | 108,125 | 106,978 | 42,368 | 57,629 | 12,875 | 8,223 | |
490/1 |
1,674 | 19,173 | 1,736 | 3,742 | 3,161 | 3,481 | 4,475 | 5,833 | 1,459 | 714 | 448 | 446 | 308 | 319 | 609 | 777 | |
| Balance sheet: equity and liabilities | |||||||||||||||||
10/49 |
959,032 | 628,978 | 589,973 | 634,998 | 604,067 | 640,575 | 631,437 | 412,953 | 403,101 | 494,723 | 443,909 | 261,657 | 226,585 | 91,018 | 44,528 | 17,032 | |
10/15 |
252,196 | 163,719 | 98,648 | 89,998 | 66,519 | 37,327 | 32,808 | 31,964 | 41,906 | 101,429 | 88,469 | 74,011 | 54,279 | 47,907 | 14,546 | 7,652 | |
10/11 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
11 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | |
1100/10 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | |
12 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | |
13 |
245,996 | 157,519 | 92,448 | 83,798 | 60,319 | 31,127 | 26,608 | 25,764 | 35,706 | 95,229 | 82,269 | 67,811 | 48,079 | 41,707 | 8,346 | 1,452 | |
130/1 |
- | 0 | 1,860 | 1,860 | 1,860 | 1,860 | - | 0 | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,452 | |
1311 |
- | 0 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | |
1312 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | |
1319 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | |
132 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | |
133 |
245,996 | 157,519 | 90,588 | 81,938 | 58,459 | 29,267 | 24,748 | 23,904 | 33,846 | 93,369 | 80,409 | 65,951 | 46,219 | 39,847 | 6,486 | - | |
14 |
0 | 0 | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | |
15 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | |
19 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | |
16 |
- | - | - | - | - | - | - | 0 | - | - | 12,000 | 5,000 | - | - | - | - | |
160/5 |
- | - | - | - | - | - | - | 0 | - | - | 12,000 | 5,000 | - | - | - | - | |
160 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | |
161 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | |
162 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | |
163 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | |
164/5 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | |
168 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | |
17/49 |
706,836 | 465,259 | 491,326 | 545,000 | 537,548 | 603,248 | 598,629 | 380,989 | 361,195 | 393,294 | 343,440 | 182,646 | 172,306 | 43,112 | 29,982 | 9,379 | |
17 |
531,414 | 301,966 | 338,389 | 390,075 | 432,712 | 474,432 | 499,890 | 311,562 | 330,808 | 350,450 | 282,085 | 134,160 | 142,215 | - | - | - | |
170/4 |
531,414 | 301,966 | 338,389 | 390,075 | 432,712 | 474,432 | 499,890 | 311,562 | 330,808 | 350,450 | 282,085 | 134,160 | 142,215 | - | - | - | |
175 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | |
176 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | |
178/9 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | |
42/48 |
170,474 | 144,256 | 151,793 | 151,911 | 103,380 | 121,634 | 90,340 | 65,969 | 25,883 | 38,315 | 56,852 | 42,535 | 28,221 | 42,246 | 29,982 | 9,379 | |
42 |
45,552 | 44,534 | 51,685 | 41,986 | 41,721 | 40,827 | 39,910 | 19,246 | 19,642 | 19,134 | 18,641 | 8,056 | 7,785 | - | - | - | |
43 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | |
430/8 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | |
439 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | |
44 |
8,562 | 1,245 | 11,356 | 69,072 | 20,121 | 8,597 | 6,438 | 22,188 | 5,850 | 6,363 | 11,715 | 16,480 | 6,449 | 2,070 | 7,436 | 1,360 | |
440/4 |
8,562 | 1,245 | 11,356 | 69,072 | 20,121 | 8,597 | 6,438 | 22,188 | 5,850 | 6,363 | 11,715 | 16,480 | 6,449 | 2,070 | 7,436 | 1,360 | |
441 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | |
46 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | 1,000 | |
45 |
37,877 | 30,814 | 32,537 | 21,131 | 1,376 | 41,719 | 14,208 | 1,427 | 391 | 12,818 | 16,496 | 8,000 | 3,987 | 17,259 | 6,984 | - | |
450/3 |
35,706 | 30,814 | 30,636 | 21,131 | 1,376 | 41,719 | 14,208 | 1,427 | 391 | 12,818 | 16,496 | 8,000 | 3,987 | 17,259 | 6,984 | - | |
454/9 |
2,171 | 0 | 1,900 | - | - | - | - | 0 | - | - | - | - | - | - | - | - | |
47/48 |
78,482 | 67,664 | 56,215 | 19,721 | 40,162 | 30,491 | 29,784 | 23,109 | - | - | 10,000 | 10,000 | 10,000 | 22,918 | 15,562 | 7,020 | |
492/3 |
4,948 | 19,036 | 1,143 | 3,014 | 1,457 | 7,182 | 8,399 | 3,458 | 4,504 | 4,529 | 4,504 | 5,950 | 1,870 | 865 | - | - | |
| Income statement | |||||||||||||||||
76A |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | |
9900 |
197,342 | 165,484 | 97,110 | 66,652 | 93,952 | 115,040 | 83,231 | 27,248 | -22,746 | 59,479 | 102,275 | 68,351 | 54,670 | 69,809 | 23,220 | 2,816 | |
62 |
- | - | - | - | - | - | - | 0 | 340 | 3,630 | 4,260 | 5,500 | 162 | 3,054 | 1,104 | 615 | |
630 |
44,299 | 39,299 | 40,222 | 38,039 | 37,444 | 36,646 | 36,132 | 24,424 | 22,962 | 35,059 | 50,993 | 10,716 | 31,751 | 6,768 | 5,832 | 688 | |
631/4 |
- | - | 0 | -38,404 | 0 | 38,404 | - | 0 | - | -12,000 | - | - | - | - | - | - | |
635/8 |
- | - | - | - | - | - | - | 0 | - | - | 7,000 | 5,000 | - | - | - | - | |
640/8 |
6,364 | 19,337 | 6,749 | 6,892 | 10,375 | 19,212 | 21,160 | 3,320 | 3,438 | 2,745 | 1,285 | 1,346 | 652 | 1,466 | 331 | 104 | |
649 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | |
66A |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | |
9901 |
146,679 | 106,848 | 50,138 | 60,125 | 46,133 | 20,778 | 25,939 | -495 | -49,485 | 30,045 | 38,736 | 45,789 | 22,104 | 58,521 | 15,953 | 1,408 | |
75/76B |
1,408 | 9 | 221 | 12 | 50 | 21 | 268 | 56 | 30 | 0 | 3 | 83 | 227 | 81 | 63 | 138 | |
75 |
1,408 | 9 | 221 | 12 | 50 | 21 | 268 | 56 | 30 | 0 | 3 | 83 | 227 | 81 | 63 | 138 | |
76B |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | |
65/66B |
11,820 | 12,470 | 9,695 | 24,955 | 12,579 | 12,657 | 16,220 | 9,149 | 9,678 | 9,289 | 8,549 | 7,899 | 1,317 | 1,114 | 80 | 92 | |
65 |
11,820 | 12,470 | 9,695 | 11,445 | 12,579 | 12,657 | 16,220 | 9,149 | 9,678 | 9,289 | 8,549 | 7,899 | 1,317 | 1,114 | 80 | 92 | |
66B |
- | - | 0 | 13,509 | - | - | - | 0 | - | - | - | - | - | - | - | - | |
9903 |
136,267 | 94,387 | 40,664 | 35,181 | 33,604 | 8,141 | 9,986 | -9,588 | -59,133 | 20,756 | 30,191 | 37,973 | 21,013 | 57,488 | 15,935 | 1,454 | |
67/77 |
40,290 | 28,315 | 32,014 | 11,702 | 4,412 | 3,622 | 9,142 | 355 | 389 | 7,796 | 5,733 | 8,242 | 4,641 | 14,127 | 4,042 | 1 | |
9904 |
95,978 | 66,071 | 8,650 | 23,479 | 29,192 | 4,519 | 844 | -9,943 | -59,523 | 12,960 | 24,458 | 29,732 | 16,373 | 43,361 | 11,894 | 1,452 | |
789 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | |
689 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | |
9905 |
95,978 | 66,071 | 8,650 | 23,479 | 29,192 | 4,519 | 844 | -9,943 | -59,523 | 12,960 | 24,458 | 29,732 | 16,373 | 43,361 | 11,894 | 1,452 | |
| Appropriation of the result | |||||||||||||||||
9906 |
95,978 | 66,071 | 8,650 | 23,479 | 29,192 | 4,519 | 844 | -9,943 | -59,523 | 12,960 | 24,458 | 29,732 | 16,373 | 43,361 | 11,894 | 1,452 | |
791/2 |
- | - | - | - | - | - | 0 | 9,943 | 59,523 | - | - | - | - | - | - | - | |
691/2 |
88,478 | 65,071 | 8,650 | 23,479 | 29,192 | 4,519 | 844 | 0 | - | 12,960 | 14,458 | 19,732 | 6,373 | 33,361 | 6,894 | 1,452 | |
691 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | |
6920 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | 408 | 1,452 | |
6921 |
88,478 | 65,071 | 8,650 | 23,479 | 29,192 | 4,519 | 844 | 0 | - | 12,960 | 14,458 | 19,732 | 6,373 | 33,361 | 6,486 | - | |
694/7 |
7,500 | 1,000 | - | - | - | - | - | 0 | - | - | 10,000 | 10,000 | 10,000 | 10,000 | 5,000 | - | |
694 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | |
695 |
7,500 | 1,000 | - | - | - | - | - | 0 | - | - | 10,000 | 10,000 | 10,000 | 10,000 | 5,000 | - | |
696 |
- | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | |
| Document | |||||||||||||||||
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.
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 | |
| 31-12-2024 | micro format | 28-07-2025 | 2025-00315252 | |
| 31-12-2023 | micro format | 28-06-2024 | 2024-00195827 | |
| 31-12-2022 | micro format | 28-08-2023 | 2023-00372569 | |
| 31-12-2021 | micro format | 22-11-2022 | 2022-20524457 | |
| 31-12-2020 | micro format | 30-08-2021 | 2021-64000089 | |
| 31-12-2019 | micro format | 31-12-2020 | 2020-78000186 | |
| 31-12-2018 | micro format | 28-08-2019 | 2019-54300343 | |
| 31-12-2017 | abbreviated format | 16-07-2018 | 2018-32700282 | |
| 31-12-2016 | abbreviated format | 31-08-2017 | 2017-52800564 | |
| 31-12-2015 | abbreviated format | 30-08-2016 | 2016-51300173 | |
| 31-12-2014 | abbreviated format | 14-08-2015 | 2015-41900001 | |
| 31-12-2013 | abbreviated format | 13-08-2014 | 2014-41100111 | |
| 31-12-2012 | abbreviated format | 01-07-2013 | 2013-23400540 | |
| 31-12-2011 | abbreviated format | 13-07-2012 | 2012-28700601 | |
| 31-12-2010 | abbreviated format | 10-06-2011 | 2011-15000199 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 190,979 | 146,147 | 90,360 | 98,164 | 83,577 | 57,423 | 62,071 | 23,929 | -26,524 | 65,104 | 89,729 | 56,505 | 53,855 | 65,289 | 21,785 | 2,096 | ||
| 140,277 | 105,370 | 48,872 | 61,519 | 66,636 | 41,165 | 36,977 | 14,481 | -36,561 | 48,019 | 75,451 | 40,448 | 48,124 | 50,128 | 17,726 | 2,141 | ||
| 301,799 | 13,592 | 999 | 18,507 | 13,133 | 32,764 | 232,538 | 14,155 | 0 | 111,417 | 212,613 | 4,472 | 162,781 | 3,036 | 20,870 | 305 | ||
| 222,371 | 20,149 | -2,509 | -47,689 | 47,169 | -10,264 | -5,567 | 2,186 | -31,847 | -44,733 | 1,147 | 64,611 | -15,261 | 44,754 | 4,652 | - | ||
| 107,603 | 61,266 | -10,983 | -5,299 | -7,231 | -14,550 | 3,724 | 6,016 | 25,982 | 82,210 | 89,218 | 82,902 | 55,902 | 37,339 | -619 | 7,525 | ||
| 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% | ||
| 1.63 | 1.42 | 0.93 | 0.97 | 0.93 | 0.88 | 1.04 | 1.09 | 2.00 | 3.15 | 2.57 | 2.95 | 2.98 | 1.88 | 0.98 | 1.80 | ||
| 1.63 | 1.42 | 0.93 | 0.97 | 0.93 | 0.88 | 1.04 | 1.09 | 2.00 | 3.14 | 2.57 | 2.95 | 2.97 | 1.87 | 0.96 | 1.47 | ||
| 2.80 | 2.84 | 4.98 | 6.06 | 8.08 | 16.16 | 18.25 | 11.92 | 8.62 | 3.88 | 3.88 | 2.47 | 3.17 | 0.90 | 2.06 | 1.23 | ||
| 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% | ||
| 16.16 | 11.72 | 9.32 | 8.58 | 6.64 | - | - | - | - | - | - | - | - | - | - | - |
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.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| 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)
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| 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)
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.
CODO has no parent and no holdings in its annual accounts. Tom Versteijlen is the only director. CODO shares no director with another company.
| Green Energy Comfort
registered office since 09-04-2019 · founded in 2019 |
total assets €255,203 (2025) 0724.690.859 |
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
| Establishment | Since | Unit number |
|---|---|---|
| Hovesesteenweg 114 registered office 2530 Boechout 41001 General construction of residential buildings | 06-04-2009 | 2.177.470.351 |
| 22-10-2026 | Granted | Verbouwen en/of uitbreiden zonder functiewijziging en met wijzigen van aantal woongelegenheden submitted 20-01-2026 · project 2026006098 | Provincie West-Vlaanderen |
| 20-08-2020 | Granted | Verbouwen en/of uitbreiden met functiewijziging en met wijziging van aantal woongelegenheden submitted 14-03-2020 · project 2020025037 | Provincie Antwerpen |
Source: Omgevingsloket Vlaanderen.
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 11004D0291/00P002 | 799 m² | 1 · 100 m² | 12.0 m · 2 |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0810.536.354
If something looks wrong or is missing, please tell us.