CODON ONE
Annual accounts 2025
micro format, filed on 25-06-2026, 36 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €320,000. Estimated: probably between €260,000 and €450,000.
Balance sheet
balance sheet total €1.1m on 31-12-2025in euro
in euro
Position in the sector
4.6%
Higher than 16% of 10,252 companies in 2025.
9.11
Higher than 89% of 9,835 companies in 2025.
-29.3%
Higher than 6% of 9,977 companies in 2025.
Net result: bottom quarter · Equity: middle half · Balance sheet total: top quarter · Working capital: top quarter
Staff
€91,578
Staff costs divided by the average number of full-time equivalents.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
1.1m | 425,683 | |
21/28 |
516,310 | 266,968 | |
21 |
403,435 | 195,594 | |
22/27 |
112,875 | 71,374 | |
24 |
112,875 | 71,374 | |
29/58 |
601,305 | 158,714 | |
40/41 |
36,185 | 11,094 | |
41 |
36,185 | 11,094 | |
54/58 |
565,119 | 147,620 | |
| Balance sheet: equity and liabilities | |||
10/49 |
1.1m | 425,683 | |
10/15 |
50,865 | 377,779 | |
10/11 |
500,000 | 500,000 | |
14 |
-449,135 | -122,221 | |
17/49 |
1.1m | 47,904 | |
17 |
1.0m | - | |
178/9 |
1.0m | - | |
42/48 |
66,019 | 47,904 | |
44 |
20,960 | 1,161 | |
440/4 |
20,960 | 1,161 | |
45 |
45,059 | 46,743 | |
450/3 |
- | 144 | |
454/9 |
45,059 | 46,599 | |
492/3 |
730 | - | |
| Income statement | |||
9900 |
215,101 | 220,829 | |
62 |
384,626 | 288,595 | |
630 |
169,117 | 64,340 | |
640/8 |
400 | 772 | |
9901 |
-339,041 | -132,878 | |
75/76B |
- | 2 | |
75 |
- | 2 | |
65/66B |
134 | 49 | |
65 |
134 | 49 | |
9903 |
-339,175 | -132,925 | |
67/77 |
-12,261 | -10,704 | |
9904 |
-326,914 | -122,221 | |
9905 |
-326,914 | -122,221 | |
| Appropriation of the result | |||
9906 |
-449,135 | -122,221 | |
14P |
-122,221 | - | |
| Social balance sheet | |||
9087 |
4.2 | 3 | |
Hours worked1013 |
6,915 | 5,028 | |
| 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 25-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| -169,924 | -68,538 | ||
| -157,797 | -57,881 | ||
| 418,458 | 331,309 | ||
| 417,499 | - | ||
| 535,285 | 110,811 | ||
| 4.6% | 88.7% | ||
| 9.11 | 3.31 | ||
| 20.97 | 0.13 | ||
| -642.7% | -32.4% | ||
| -29.3% | -28.7% | ||
| -1270.65 | -1411.70 |
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.
Social balance sheet
| Item | 31-12-2025 | 31-12-2024 |
|---|---|---|
| Employees at the balance-sheet date | 7 | 5 |
| full-time | 4 | 2 |
| part-time | 3 | 3 |
| in full-time equivalents | 5.3 | 3.2 |
| 4.2 | 3 | |
| On a permanent contract | 6 | 4 |
| Joined | - | 5 |
| Left | - | 0 |
Source: social balance sheet in the 2024 to 2025 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 |
|---|---|---|
| Tangible fixed assets | €75,277 | €96,595 |
| Intangible fixed assets | €343,182 | €234,713 |
| €169,117 | €64,340 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on CODON ONE
The operating result for 2025 is a loss of €339,041, larger than the loss of €132,878 in 2024.
Debt's share of the balance-sheet total rises from 11.3% to 95.4%. Equity is lower and debt is higher.