Turnover
≈ €120,000 estimated
The micro format states no turnover.
Codo Consulting
Lifetime
1 annual account with figurespeak €63,640 (2025)
€63,640
peak €46,612 (2025)
€46,612
peak €49,112 (2025)
€49,112
€18,367
Board1 name since 2024
1 directorBAATEN, Hannes
Documentsfilings and deeds
20-07-202611 days before the deadline
2025micro format
First year with figures
Key points
from the 2025 annual accountsStarting capital
€2,500 100 shares
Checked score
96
Excellent
Financially stronger than 66% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2025: 0.4%
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.5%▲ +0.1 percentage points vs 04-2026
06-2026: 0.5%● unchanged vs 05-2026highest value
07-2026: 0.5%● unchanged vs 06-2026
08-2026: < 0.1%▼ -0.5 percentage points vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026lowest value
10-2026: 0.1%▲ +0.1 percentage points vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Founded in 2024
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Liquidity: current ratio 1.32, cash €13,891
Size: total assets €67,479
Calculation
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 62, micro). It does better than 66% of them on solvency, 49% on liquidity and 82% on profitability.
The bankruptcy probability was computed on 09-11-2026 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).
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as Codo Consulting has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Codo Consulting itself is lower: 0.1% within 12 months. It rests on far more data about Codo Consulting than the profile alone.
Test of the method
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 39,278 companies, not a prediction for Codo Consulting. 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.
Credit verdict
Credit of up to €4,500 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.32, below the usual 1.5. Short-term debt is 26.1% and cash 20.6% of total assets. 27.2% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-07-2026, 11 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
11 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1015013047
Incorporation
Founding capital of €2,500, 100 shares · Founder: BAATEN, Hannes · Appointment: BAATEN, Hannes (director) · published on 15-10-2024 · Gazette deed
First establishment
Joannes Lybenstraat 38, Oud-Turnhout
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Codo Consulting Oud-Turnhout | €67,479 | €63,640 | 72.8% | - |
| GARO TOMBAZIAN ENGINEERING DESIGN Kapellen | €68,839 | €60,059 | 91.4% | - |
| JKB Consulting Antwerp | €69,677 | €59,977 | 79.6% | - |
| Distinct Grey Antwerp | €63,892 | €64,814 | 86.2% | - |
| VDVM Herenthout | €70,091 | €60,668 | 63.4% | - |
| Partners In Cloud Mechelen | €73,107 | €62,971 | 69.2% | - |
| WIBETIC Mechelen | €70,136 | €58,479 | 88.1% | - |
These companies have the same main activity as Codo Consulting: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €63,900 and €73,100, founded in 2024.
Official details
Source: KBO- Status
- Active since 11-10-2024Normal situation
- Activity
- Computer consultancy and computer facilities managementNACE 62200
- Establishment unit
- 2.365.333.4192360 Oud-Turnhout, since 11-10-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 27-03-2025
Annual accounts 2025
- €67,479
- Filing
- Filed on 20-07-2026, 11 days before the end of the filing period
Insights on Codo Consulting
Codo Consulting has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €49,112 and a net result of €46,612.
Its solvency ranks better than 65% of 21,208 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Codo Consulting
- What is the company number of Codo Consulting?
- The company number of Codo Consulting is 1015.013.047. The VAT number is the same number with BE in front: BE 1015.013.047.
- Where is Codo Consulting based?
- The registered office is at Joannes Lybenstraat 38, 2360 Oud-Turnhout.Company details
- What does Codo Consulting do?
- According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
- What is the legal form of Codo Consulting?
- Codo Consulting is a private limited company (BV).
- When was Codo Consulting founded?
- Codo Consulting was founded on 11-10-2024.
- Is Codo Consulting still active?
- Yes, Codo Consulting is an active enterprise in the KBO register.
- What is the turnover of Codo Consulting?
- The turnover in financial year 2025 is ≈ €120,000. This figure is estimated from the gross margin of €63,640 and 60 comparable companies (NACE 62200). It probably lies between €110,000 and €160,000.Financials
- Is Codo Consulting profitable?
- In financial year 2025, Codo Consulting made a profit of €46,612.
- Where can I find the annual accounts of Codo Consulting?
- Codo Consulting filed 1 annual account with the National Bank of Belgium, for financial year 2025.
Next steps
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