CODU 08

Active

Private limited companyfounded 200818 yrs activeChaussée de Tournai(R-C) 52/1, 7520 Tournai, BelgiumKBO/BCE: BE 0898.409.446

Summary

CODU 08 has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €34.5m and a net result of €1.2m. Equity remains stable across the filed fiscal years (±0% per year). The computed 12-month bankruptcy probability is 0.7% (low).

Risk analysis Watch Report Compare

CODU 08ActiveChecked score 70/100

Risk analysis Report Compare

Checked score

Score 2025

70 / 100

Healthy

Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability46▲+8

Solvency100=

Growth78=

Track record100

Bankruptcy probability, 12 months

0.7% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €2,000,000 at 30 days acceptable

short-term debt: 0% and cash: 0% of total assets, and 0% of the assets are financed with debt.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

No NACE activity registered

No NACE activity is registered in the KBO, which is more common among companies that later fail.

KBO · activities

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

100%

Return on assets

3.5%

Age of the figures

9 mo

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-07-2026, 23 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

23 d early

2024

34 d early

2023

26 d late

2022

34 d early

2021

34 d early

2020

26 d late

2019

31 d early

← before the deadline after the deadline →

tick = median of all Belgian filings

This company filed its last 7 accounts on average 15 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)

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. Usually files around 27 June (4 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Position in the running window

29-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

History

On 6 June 2008, CODU 08 was incorporated.¹ Total assets went from EUR 33 million in 2018 to EUR 35 million in 2025.²

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Financials · fiscal year 2025, abbreviated schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€1.2m▲ 1,872%

2024 · €62,181

Working capital

€3.4m▲ 56.6%

2024 · €2.2m

Trend over the years

Chart Table

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before

favourable unfavourable

Line20212022202320242025

Operating result-€3,672▲ 10.9%-€66,180▼ 1,702%-€34,760▲ 47.5%-€6,891▲ 80.2%-€10,672▼ 54.9%

Net result€4,972▲ 5.2%-€56,432€30,019€62,181▲ 107%€1.2m▲ 1,872%

Equity€33.3m=€33.2m▼ 0.2%€33.3m▲ 0.1%€33.3m▲ 0.2%€34.5m▲ 3.7%

Total assets€33.3m=€33.2m▼ 0.2%€33.3m▲ 0.1%€33.3m▲ 0.2%€34.6m▲ 3.7%

Debt€14,289▼ 7.9%€14,127▼ 1.1%€14,528▲ 2.8%€14,512▼ 0.1%€14,976▲ 3.2%

Working capital€2.1m▲ 0.2%€2.1m▼ 2.6%€2.1m▲ 1.4%€2.2m▲ 3.0%€3.4m▲ 56.6%

Why a figure moved sharply

2025 Net result +1,872% on 2024. The accounts now follow the abbreviated schema, last year the full schema.

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €10,672 in 2025 against €6,891 in 2024; the loss grows.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €34.6m

90.1%

10%

Fixed assets €31.2m =

Current assets €3.4m ▲ 56.3%

Equity and liabilities €34.6m

100.0%

Equity €34.5m ▲ 3.7%

Debt €14,976 ▲ 3.2%

Debt's share of the balance-sheet total stays at 0.0%.

Key figures and ratios

2025 value · change against 2024

Debt to equity

0.00▼

2024 · 0.00

ROE

3.5%▲

2024 · 0.2%

ROA

3.5%▲

2024 · 0.2%

Debt ≤ 1 year

€14,976▲

2024 · €14,512

Income taxes

€25,415▲

2024 · €11,945

A ratio outside any meaningful range has been withheld (balance sheet total €34.6m, equity €34.5m).

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Annual accounts

OverviewIncome statement Balance sheet Cash flow

Filed annual accounts As filed with the NBB · 2025 against 2024 · 35 lines

Balance sheet Code20242025

Assets

Total assets20/58€33.3m€34.6m▲

Fixed assets21/28€31.2m€31.2m=

Financial fixed assets28€31.2m€31.2m=

Current assets29/58€2.2m€3.4m▲

Amounts receivable within one year40/41€2.1m€3.3m▲

Other amounts receivable41€2.1m€3.3m▲

Cash at bank and in hand54/58€3,481€5,925▲

Deferred charges and accrued income490/1€81,507€112,820▲

Equity and liabilities

Total equity and liabilities10/49€33.3m€34.6m▲

Equity10/15€33.3m€34.5m▲

Contributions10/11€22.5m€22.5m=

Reserves13€622,360€622,360=

Distributable reserves133€622,360€622,360=

Profit (loss) carried forward14€10.2m€11.4m▲

Amounts payable17/49€14,512€14,976▲

Amounts payable within one year42/48€14,512€14,976▲

Trade debts44€2,242€2,292▲

Suppliers440/4€2,242€2,292▲

Taxes, remuneration and social security45-€415

Taxes450/3-€415

Other amounts payable47/48€12,270€12,270=

Income statement Code20242025

Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€2,826€3,556▲

Other operating charges640/8€968€998▲

Gross operating margin9900-€3,098-€6,117▼

Operating profit (loss)9901-€6,891-€10,672▼

Financial income75/76B€81,507€1.3m▲

Recurring financial income75€81,507€1.3m▲

Financial charges65/66B€490€490=

Recurring financial charges65€490€490=

Profit (loss) for the period before taxes9903€74,126€1.3m▲

Income taxes67/77€11,945€25,415▲

Profit (loss) for the period9904€62,181€1.2m▲

Profit (loss) for the period to be appropriated9905€62,181€1.2m▲

Appropriation of the result

Profit (loss) to be appropriated9906€10.2m€11.4m▲

Profit (loss) brought forward from the previous period14P€10.1m€10.2m▲

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line	2021	2022	2023	2024	2025	Change
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4	-	€62,816	€30,463	€2,826	€3,556	▲ 25.8%
Other operating charges640/8	€868	€868	€960	€968	€998	▲ 3.2%
Gross operating margin9900	-€2,804	-€2,497	-€3,336	-€3,098	-€6,117	▼ 97.5%
Operating profit (loss)9901	-€3,672	-€66,180	-€34,760	-€6,891	-€10,672	▼ 54.9%
Financial income75/76B	€10,641	€10,187	€65,258	€81,507	€1.3m	▲ 1,449%
Recurring financial income75	€10,641	€10,187	€65,258	€81,507	€1.3m	▲ 1,449%
Financial charges65/66B	€340	€439	€480	€490	€490	=
Recurring financial charges65	€340	€439	€480	€490	€490	=
Profit (loss) for the period before taxes9903	€6,629	-€56,432	€30,019	€74,126	€1.3m	▲ 1,589%
Income taxes67/77	€1,657	€0	-	€11,945	€25,415	▲ 113%
Profit (loss) for the period9904	€4,972	-€56,432	€30,019	€62,181	€1.2m	▲ 1,872%
Profit (loss) for the period to be appropriated9905	€4,972	-€56,432	€30,019	€62,181	€1.2m	▲ 1,872%

Line	2021	2022	2023	2024	2025	Change
Assets
Total assets20/58	€33.3m	€33.2m	€33.3m	€33.3m	€34.6m	▲ 3.7%
Fixed assets21/28	€31.2m	€31.2m	€31.2m	€31.2m	€31.2m	=
Financial fixed assets28	€31.2m	€31.2m	€31.2m	€31.2m	€31.2m	=
Current assets29/58	€2.1m	€2.1m	€2.1m	€2.2m	€3.4m	▲ 56.3%
Amounts receivable within one year40/41	€2.1m	€2.1m	€2.1m	€2.1m	€3.3m	▲ 56.9%
Other amounts receivable41	€2.1m	€2.1m	€2.1m	€2.1m	€3.3m	▲ 56.9%
Cash at bank and in hand54/58	€6,300	€5,584	€3,052	€3,481	€5,925	▲ 70.2%
Deferred charges and accrued income490/1	€10,641	€10,187	€64,795	€81,507	€112,820	▲ 38.4%
Equity and liabilities
Total equity and liabilities10/49	€33.3m	€33.2m	€33.3m	€33.3m	€34.6m	▲ 3.7%
Equity10/15	€33.3m	€33.2m	€33.3m	€33.3m	€34.5m	▲ 3.7%
Contributions10/11	€22.5m	€22.5m	€22.5m	€22.5m	€22.5m	=
Reserves13	€622,360	€622,360	€622,360	€622,360	€622,360	=
Distributable reserves133	€622,360	€622,360	€622,360	€622,360	€622,360	=
Profit (loss) carried forward14	€10.1m	€10.1m	€10.1m	€10.2m	€11.4m	▲ 12.1%
Amounts payable17/49	€14,289	€14,127	€14,528	€14,512	€14,976	▲ 3.2%
Amounts payable within one year42/48	€14,289	€14,127	€14,528	€14,512	€14,976	▲ 3.2%
Trade debts44	€2,019	€1,857	€2,258	€2,242	€2,292	▲ 2.2%
Suppliers440/4	€2,019	€1,857	€2,258	€2,242	€2,292	▲ 2.2%
Taxes, remuneration and social security45	-	-	-	-	€415	-
Taxes450/3	-	-	-	-	€415	-
Other amounts payable47/48	€12,270	€12,270	€12,270	€12,270	€12,270	=

Line	2021	2022	2023	2024	2025	Change
Profit (loss) for the period9904	€4,972	-€56,432	€30,019	€62,181	€1.2m	▲ 1,872%
Operating cash flow (approximation)	€4,972	-€56,432	€30,019	€62,181	€1.2m	▲ 1,872%
Investment in fixed assets (approximation)	-	€0	€0	€0	€0	-
Change in cash	-	-€716	-€2,532	€429	€2,444	▲ 470%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

All 14Financial 4Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

08-07

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema

2025

31-12

Financial Highest result since 2018net €1.2m ▲1,872%

Net result €1.2m, the highest in the series.

27-06

NBB filing Annual accounts filed

fiscal year 2024 · full schema

2024

26-08

NBB filing Annual accounts filed

fiscal year 2023 · full schema · 26 days late

2023

31-12

Financial Back to profitnet €30,019

Net result €30,019 after one loss-making year.

27-06

NBB filing Annual accounts filed

fiscal year 2022 · full schema

2022

31-12

Financial Weakest financial yearnet -€56,432

Net result drops to -€56,432, the lowest in the series; recovery starts the following year.

27-06

NBB filing Annual accounts filed

fiscal year 2021 · full schema

2021

26-08

NBB filing Annual accounts filed

fiscal year 2020 · full schema · 26 days late

2020

30-06

NBB filing Annual accounts filed

fiscal year 2019 · full schema

2019

31-12

Financial Liquidity triplescurrent ratio 104.44

Current ratio from 38.31 to 104.44; short-term debt falls from €56,835 to €20,527.

01-07

NBB filing Annual accounts filed

fiscal year 2018 · full schema

2018

12-07

NBB filing Annual accounts filed

fiscal year 2017 · full schema

2017

05-07

NBB filing Annual accounts filed

fiscal year 2016 · full schema

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, Tournai · 1 establishment unit since 2008

seat establishment The establishment unit on the map

Ground area

934 m²

Building footprint

352 m²

Volume, LiDAR

2,081 m³

Parcel 57069C0256/00F000, Wallonia · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

CODU 08

Chaussée de Tournai(R-C) 52/1, 7520 TournaiHoldings

since 20082.174.856.893

1 parcel

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
57069C0256/00F000	Wallonia	934 m²	1 · 352 m²	7.9 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.

Structure & network

Owners and holdings

2 holdings

Owners 0

The accounts to 31-12-2025 list no shareholders, and no other source names one.

Holdings 2

DULE-13

Sourceown accounts 2025
Equity €83.9mResult €1.1m

39.97%
Paschris20

Sourceown accounts 2025
Equity -€572,707Result -€96,408

16.67%

According to the 2025 annual accounts of CODU 08 and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Identification & contact

Identification

Legal formPrivate limited company

Founded06-06-2008

Fiscal year end31-12

E-invoicing

Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Scores and ratios are computed by Checked and are not a credit decision.