Codoir
ActiveSummary
Codoir has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-3k) and a net result of €5k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability99▲+99
Solvency0=
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.58; short-term debt: 144.8% and cash: 6.8% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 2025Solvency, return and age of the figures
Solvency
-44.8%
Return on assets
91.5%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 17090 sector peers (2025).
NBB · sector comparisonPosition among 17090 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 6 filingsDeviation from the deadline
2025
31 d late
2024
39 d late
2023
12 d late
2022
28 d late
2021
3 d early
2020
11 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-3k▲ 67.2%
2024 · €-8k
2020: €-4k
2021: €-2k▲ +38.4% vs 2020
2022: €3k▲ +205% vs 2021highest in 6 years
2023: €799▼ -68.3% vs 2022
2024: €-8k▼ -1059% vs 2023lowest in 6 years
2025: €-3k▲ +67.2% vs 2024
2020 → 2025
Total assets
€6k▲ 49.2%
2024 · €4k
2020: €6k
2021: €8k▲ +31.8% vs 2020
2022: €15k▲ +94.1% vs 2021highest in 6 years
2023: €11k▼ -28.9% vs 2022
2024: €4k▼ -65.7% vs 2023lowest in 6 years
2025: €6k▲ +49.2% vs 2024
2020 → 2025
Net result
€5k
2024 · €-8k
2020: €-10klowest in 6 years
2021: €1k▲ +115% vs 2020
2022: €5k▲ +229% vs 2021
2023: €-2k▼ -135% vs 2022
2024: €-8k▼ -391% vs 2023
2025: €5k▲ +161% vs 2024highest in 6 years
2020 → 2025
Working capital
€-3k▲ 65.0%
2024 · €-10k
2020: €-5k
2021: €-3k▲ +27.5% vs 2020
2022: €873▲ +125% vs 2021highest in 6 years
2023: €-186▼ -121% vs 2022
2024: €-10k▼ -5134% vs 2023lowest in 6 years
2025: €-3k▲ +65.0% vs 2024
2020 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-2k-€3k€799▼ 68.3%€-8k€-3k▲ 67.2%
2021: €-2k
2022: €3k▲ +205% vs 2021highest in 5 years
2023: €799▼ -68.3% vs 2022
2024: €-8k▼ -1059% vs 2023lowest in 5 years
2025: €-3k▲ +67.2% vs 2024
Operating result€2k-€5k▲ 176%€-2k€-8k▼ 407%€6k
2021: €2k
2022: €5k▲ +176% vs 2021
2023: €-2k▼ -133% vs 2022
2024: €-8k▼ -407% vs 2023lowest in 5 years
2025: €6k▲ +178% vs 2024highest in 5 years
Net result€1k-€5k▲ 229%€-2k€-8k▼ 391%€5k
2021: €1k
2022: €5k▲ +229% vs 2021
2023: €-2k▼ -135% vs 2022
2024: €-8k▼ -391% vs 2023lowest in 5 years
2025: €5k▲ +161% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €6k after a loss of €8k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6k
Fixed assets
€896 ▼ 57.1%
Current assets
€5k ▲ 182%
Key figures and ratios
EBITDA
€8k▲
2024 · €-7k
Cash flow
€6k▲
2024 · €-7k
Solvency
-44.8%
Current ratio
0.58
Debt to equity
-3.23
ROA
91.5%
Interest coverage
5.90▲
2024 · -37.46
Debt
€8k▼
2024 · €11k
Debt ≤ 1 year
€8k▼
2024 · €11k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 31 lines
Balance sheet
Code20242025
Assets
Total assets20/58€4k€6k▲
Fixed assets21/28€2k€896▼
Tangible fixed assets22/27€2k€896▼
Furniture and vehicles24€2k€896▼
Current assets29/58€2k€5k▲
Amounts receivable within one year40/41-€4k
Trade receivables40-€4k
Cash at bank and in hand54/58€2k€382▼
Deferred charges and accrued income490/1€166-
Equity and liabilities
Total equity and liabilities10/49€4k€6k▲
Equity10/15€-8k€-3k▲
Contributions10/11€6k€6k=
Profit (loss) carried forward14€-14k€-9k▲
Amounts payable17/49€11k€8k▼
Amounts payable within one year42/48€11k€8k▼
Trade debts44€3k€2k▼
Suppliers440/4€3k€2k▼
Taxes, remuneration and social security45€1k€712▼
Taxes450/3€1k€712▼
Other amounts payable47/48€7k€5k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€1k▼
Other operating charges640/8€301€214▼
Gross operating margin9900€-6k€8k▲
Operating profit (loss)9901€-8k€6k▲
Financial charges65/66B€180€1k▲
Recurring financial charges65€180€1k▲
Profit (loss) for the period before taxes9903€-8k€5k▲
Profit (loss) for the period9904€-8k€5k▲
Profit (loss) for the period to be appropriated9905€-8k€5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-14k€-9k▲
Profit (loss) brought forward from the previous period14P€-5k€-14k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €962 | €931 | €1k | €2k | €1k | ▼ 22.8% |
| Other operating charges640/8 | €97 | €448 | €455 | €301 | €214 | ▼ 28.9% |
| Gross operating margin9900 | €3k | €6k | €-166 | €-6k | €8k | ▲ 222% |
| Operating profit (loss)9901 | €2k | €5k | €-2k | €-8k | €6k | ▲ 178% |
| Financial income75/76B | €6 | €0 | €46 | - | - | - |
| Recurring financial income75 | €6 | €0 | €46 | - | - | - |
| Financial charges65/66B | €307 | €39 | €137 | €180 | €1k | ▲ 620% |
| Recurring financial charges65 | €307 | €39 | €137 | €180 | €1k | ▲ 620% |
| Profit (loss) for the period before taxes9903 | €1k | €5k | €-2k | €-8k | €5k | ▲ 161% |
| Profit (loss) for the period9904 | €1k | €5k | €-2k | €-8k | €5k | ▲ 161% |
| Profit (loss) for the period to be appropriated9905 | €1k | €5k | €-2k | €-8k | €5k | ▲ 161% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €8k | €15k | €11k | €4k | €6k | ▲ 49.2% |
| Fixed assets21/28 | €1k | €2k | €986 | €2k | €896 | ▼ 57.1% |
| Tangible fixed assets22/27 | €1k | €2k | €986 | €2k | €896 | ▼ 57.1% |
| Furniture and vehicles24 | €1k | €2k | €986 | €2k | €896 | ▼ 57.1% |
| Current assets29/58 | €7k | €13k | €10k | €2k | €5k | ▲ 182% |
| Amounts receivable within one year40/41 | €4k | €10k | €6k | - | €4k | - |
| Trade receivables40 | €4k | €10k | €6k | - | €4k | - |
| Cash at bank and in hand54/58 | €3k | €3k | €4k | €2k | €382 | ▼ 74.8% |
| Deferred charges and accrued income490/1 | €163 | €336 | €200 | €166 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €8k | €15k | €11k | €4k | €6k | ▲ 49.2% |
| Equity10/15 | €-2k | €3k | €799 | €-8k | €-3k | ▲ 67.2% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Profit (loss) carried forward14 | €-9k | €-4k | €-5k | €-14k | €-9k | ▲ 37.1% |
| Amounts payable17/49 | €10k | €13k | €10k | €11k | €8k | ▼ 28.8% |
| Amounts payable within one year42/48 | €10k | €13k | €10k | €11k | €8k | ▼ 28.8% |
| Trade debts44 | €1k | €6k | €5k | €3k | €2k | ▼ 30.4% |
| Suppliers440/4 | €1k | €6k | €5k | €3k | €2k | ▼ 30.4% |
| Taxes, remuneration and social security45 | €3k | €25 | €3k | €1k | €712 | ▼ 52.4% |
| Taxes450/3 | €2k | €25 | €3k | €1k | €712 | ▼ 52.4% |
| Remuneration and social security454/9 | €1k | - | - | - | - | - |
| Other amounts payable47/48 | €6k | €6k | €3k | €7k | €5k | ▼ 23.2% |
| Accrued charges and deferred income492/3 | - | €348 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1k | €5k | €-2k | €-8k | €5k | ▲ 161% |
| + Depreciation and write-downs630 | €962 | €931 | €1k | €2k | €1k | ▼ 22.8% |
| Operating cash flow (approximation) | €2k | €6k | €-712 | €-7k | €6k | ▲ 192% |
| Investment in fixed assets (approximation) | - | €-2k | €0 | €-3k | €1 | ▲ 100% |
| Change in cash | - | €-14 | €907 | €-2k | €-1k | ▲ 48.6% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Back to profitnet €5k
Net result €5k after 2 loss-making years.
08-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 39 days late
2024
12-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 12 days late
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
11-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 11 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Beersel · 1 establishment unit since 2019
Ground area
152 m²
Building footprint
152 m²
Volume, LiDAR
846 m³
Parcel 23003A0382/00B000, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Codoir
since 20192.286.064.425
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23003A0382/00B000 | Flanders | 152 m² | 1 · 152 m² | 7.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 16,879 companies in sector 62100 we hold annual accounts for 8,771. 839 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded26-02-2019
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
Scores and ratios are computed by Checked and are not a credit decision.