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CODON ONE

Active Private limited companyfounded 2023active for 3 yearsJules Vandenbemptlaan 79, 3001 LeuvenKBO/BCE: BE 0805.318.744

Lifetime

2 annual accounts with figures on one time axis
peak €220,829 (2024)
€215,101▼ 2.6%
lowest -€326,914 (2025)
-€326,914▼ €204,693
peak €377,779 (2024)
€50,865▼ 86.5%
€1.1m▲ 22×
Board1 name since 2023
1 director
Documentsfilings and deeds
25-06-202636 days before the deadline
2025micro format
Loss of €326,914Equity from €377,779 to €50,865Debts from €47,904 to €1.1mInvestments €418,458Cash from €147,620 to €565,119

Key points

from the 2025 annual accounts

Result

-€326,914 ▼ 167%
-€122,0002024-€327,0002025

The result fell in 2025 from -€122,221 to -€326,914.

Turnover

≈ €320,000 estimated

The micro format states no turnover.

Debts

€1.1m 95% of the balance sheet
Suppliers 2%Taxes and wages 4%Other 94%

Of this, €66,019 falls due within a year.

Investments

€418,458 2.5 × depreciation
20242025

Green is investment, beige is depreciation.

Liquidity

9.11 was 3.31 in 2024

Short-term debts rose from €47,904 to €66,019.

Position in the sector

-€326,914

Lower net result than 95% of companies in office administrative support. Sector median €15,201 · 10,252 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 758 companies had the same profile as CODON ONE has now. Each dot stands for 2 companies, two years later.

86.5%
were still trading
5.0%
stopped another way
7.9%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency under 10%
  • a loss of 10% of the balance sheet or more

Another 0.5% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

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 758 companies, not a prediction for CODON ONE. 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

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Signals

Board and ownership

Director
  • 500,000 sharesdeed of 04-09-2023
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0805318744
Incorporation Founding capital of €500,000, 500,000 shares · Founder: · Appointment: (director) · published on 04-09-2023 · Gazette deed
First establishment Jules Vandenbemptlaan 79, Leuven
All 6 events

Comparable companies

same main activity, similar in size and age
Company
CODON ONE Leuven €1.1m €215,101 4.6% -
THV 98 Lendelede €1.2m €215,248 14.3% -
LUNO Invest Lille €0.9m €214,353 22.9% -
QConsult Aarschot €0.9m €275,162 77.9% -
OM OFFICE PARK Zaventem €0.8m €236,926 10.3% -
Witte Hoeve Keerbergen €1.6m €324,377 21.5% -
Dokter Randy Beulque Tielt-Winge €1.0m €187,046 4.2% -

These companies have the same main activity as CODON ONE: other business support services (NACE 82990). They are comparable in size and age: total assets between €759,000 and €1.6m, founded between 2022 and 2023.

Official details

Source: KBO
Status
Active since 31-08-2023Normal situation
Activity
Other business support servicesNACE 82990
Establishment unit
2.349.534.4933001 Leuven, since 31-08-2023
Financial year end
31 December
Peppol
Reachable since 20-05-2025
Company details

Annual accounts 2025

€1.1m▲ 163%
Employeeson 31-12-2025
7▲ 40.0%
Filing
Filed on 25-06-2026, 36 days before the end of the filing period
Financials

Insights on CODON ONE

The annual accounts of CODON ONE for financial year 2025 show a net loss of 87% of the equity at the start of that year. The 2025 annual accounts show equity of €50,865 and a net result of -€326,914.

Its solvency ranks better than 16% of 10,252 sector peers (NACE 82, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

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 CODON ONE

What is the company number of CODON ONE?
The company number of CODON ONE is 0805.318.744. The VAT number is the same number with BE in front: BE 0805.318.744.
Where is CODON ONE based?
The registered office is at Jules Vandenbemptlaan 79, 3001 Leuven.Company details
What does CODON ONE do?
According to the KBO register, the main activity is other business support services (NACE 82990).
What is the legal form of CODON ONE?
CODON ONE is a private limited company (BV).
When was CODON ONE founded?
CODON ONE was founded on 31-08-2023.
Is CODON ONE still active?
Yes, CODON ONE is an active enterprise in the KBO register.
How many employees does CODON ONE have?
CODON ONE had an average of 4.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of CODON ONE?
The turnover in financial year 2025 is ≈ €320,000. This figure is estimated from the gross margin of €215,101 and 31 comparable companies (NACE 82990). It probably lies between €260,000 and €450,000.
Is CODON ONE profitable?
In financial year 2025, CODON ONE made a loss of €326,914.
Where can I find the annual accounts of CODON ONE?
CODON ONE filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of CODON ONE due?
CODON ONE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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