CODU 08
ActiveSummary
CODU 08 has been active since 2008 and the Belgian Official 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 financial years (±0% per year). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
- Equity
- €34.5m
- Profit
- €1.2m
- Holdings
- 2
Why 90raises riskLiquidity: current ratio 227.50, cash €5,925No main activity registeredlowers riskSize: total assets €34.6mEquity €34.5m (100.0% of total assets)Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 (no NACE code, medium-sized): better than 74% on solvency, 39% on liquidity, 67% on profitability and 65% on growth.
The bankruptcy probability was computed on 27-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
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.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Highest result from 2018 to 2025net €1.2m ▲1,872%
- Annual accounts filedfinancial year 2024 · full…
Financials · financial year 2025, abbreviated format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result stays negative: a loss of €10,672 in 2025 against €6,891 in 2024; the loss grows.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
- 2025 Net result +1,872% on 2024. The accounts now follow the abbreviated format, last year the full format.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0 | - | - | - | - | - | - | - | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €0.06m | €0.03m | €0.003m | €0.004m | ▲ 25.8% |
| Other operating charges640/8 | - | - | - | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | ▲ 3.2% |
| Gross operating margin9900 | -€0.002m | -€0.002m | -€0.003m | -€0.003m | -€0.002m | -€0.003m | -€0.003m | -€0.006m | ▼ 97.5% |
| Operating profit (loss)9901 | -€0.003m | -€0.003m | -€0.004m | -€0.004m | -€0.07m | -€0.03m | -€0.007m | -€0.01m | ▼ 54.9% |
| Financial income75/76B | - | - | - | €0.01m | €0.01m | €0.07m | €0.08m | €1.3m | ▲ 15× |
| Recurring financial income75 | €0.02m | €0.01m | €0.01m | €0.01m | €0.01m | €0.07m | €0.08m | €1.3m | ▲ 15× |
| Financial charges65/66B | - | - | - | €340 | €439 | €480 | €490 | €490 | = |
| Recurring financial charges65 | €156 | €183 | €194 | €340 | €439 | €480 | €490 | €490 | = |
| Profit (loss) for the period before taxes9903 | €0.02m | €0.007m | €0.006m | €0.007m | -€0.06m | €0.03m | €0.07m | €1.3m | ▲ 17× |
| Income taxes67/77 | €0.006m | €0.003m | €0.002m | €0.002m | €0 | - | €0.01m | €0.03m | ▲ 113% |
| Profit (loss) for the period9904 | €0.01m | €0.005m | €0.005m | €0.005m | -€0.06m | €0.03m | €0.06m | €1.2m | ▲ 20× |
| Profit (loss) for the period to be appropriated9905 | €0.01m | €0.005m | €0.005m | €0.005m | -€0.06m | €0.03m | €0.06m | €1.2m | ▲ 20× |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €33.3m | €33.3m | €33.3m | €33.3m | €33.2m | €33.3m | €33.3m | €34.6m | ▲ 3.7% |
| Formation expenses20 | €0 | - | - | - | - | - | - | - | - |
| Fixed assets21/28 | €31.2m | €31.2m | €31.2m | €31.2m | €31.2m | €31.2m | €31.2m | €31.2m | = |
| Intangible fixed assets21 | €0 | - | - | - | - | - | - | - | - |
| Tangible fixed assets22/27 | €0 | - | - | - | - | - | - | - | - |
| Financial fixed assets28 | €31.2m | €31.2m | €31.2m | €31.2m | €31.2m | €31.2m | €31.2m | €31.2m | = |
| Current assets29/58 | €2.2m | €2.1m | €2.1m | €2.1m | €2.1m | €2.1m | €2.2m | €3.4m | ▲ 56.3% |
| Stocks and contracts in progress3 | €0 | - | - | - | - | - | - | - | - |
| Amounts receivable within one year40/41 | €2.1m | €2.1m | €2.1m | €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% |
| Current investments50/53 | €0 | - | - | - | - | - | - | - | - |
| Cash at bank and in hand54/58 | €0.001m | €32 | €0.008m | €0.006m | €0.006m | €0.003m | €0.003m | €0.006m | ▲ 70.2% |
| Deferred charges and accrued income490/1 | - | - | - | €0.01m | €0.01m | €0.06m | €0.08m | €0.1m | ▲ 38.4% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €33.3m | €33.3m | €33.3m | €33.3m | €33.2m | €33.3m | €33.3m | €34.6m | ▲ 3.7% |
| Equity10/15 | €33.3m | €33.3m | €33.3m | €33.3m | €33.2m | €33.3m | €33.3m | €34.5m | ▲ 3.7% |
| Contributions10/11 | €22.5m | €22.5m | - | €22.5m | €22.5m | €22.5m | €22.5m | €22.5m | = |
| Reserves13 | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | = |
| Distributable reserves133 | - | - | - | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | = |
| Profit (loss) carried forward14 | €10.1m | €10.1m | €10.1m | €10.1m | €10.1m | €10.1m | €10.2m | €11.4m | ▲ 12.1% |
| Provisions and deferred taxes16 | €0 | - | - | - | - | - | - | - | - |
| Amounts payable17/49 | €0.06m | €0.02m | €0.02m | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | ▲ 3.2% |
| Amounts payable after more than one year17 | €0 | - | - | - | - | - | - | - | - |
| Amounts payable within one year42/48 | €0.06m | €0.02m | €0.02m | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | ▲ 3.2% |
| Trade debts44 | €0 | €0.002m | €0.003m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | ▲ 2.2% |
| Suppliers440/4 | - | - | - | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | ▲ 2.2% |
| Taxes, remuneration and social security45 | - | - | - | - | - | - | - | €415 | - |
| Taxes450/3 | - | - | - | - | - | - | - | €415 | - |
| Other amounts payable47/48 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.01m | €0.005m | €0.005m | €0.005m | -€0.06m | €0.03m | €0.06m | €1.2m | ▲ 20× |
| + Depreciation and write-downs630 | €0 | - | - | - | - | - | - | - | - |
| Operating cash flow (approximation) | €0.01m | €0.005m | €0.005m | €0.005m | -€0.06m | €0.03m | €0.06m | €1.2m | ▲ 20× |
| Investment in fixed assets (approximation) | - | €0 | -€0.003m | €0 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€469 | €0.008m | -€0.001m | -€0.001m | -€0.003m | €429 | €0.002m | ▲ 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.
Latest 10 of 17 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 08-07-2026 | 2026-00269332 |
| 31-12-2024 | full format | 27-06-2025 | 2025-00185533 |
| 31-12-2023 | full format | 26-08-2024 | 2024-00368510 |
| 31-12-2022 | full format | 27-06-2023 | 2023-00162113 |
| 31-12-2021 | full format | 27-06-2022 | 2022-20146579 |
| 31-12-2020 | full format | 26-08-2021 | 2021-54800273 |
| 31-12-2019 | full format | 30-06-2020 | 2020-24500506 |
| 31-12-2018 | full format | 01-07-2019 | 2019-25900405 |
| 31-12-2017 | full format | 12-07-2018 | 2018-34000138 |
| 31-12-2016 | full format | 05-07-2017 | 2017-28800027 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
Group and network
Holdings and subsidiaries
2 holdingsHoldings 2
Source for every holding own accounts 2025
- Equity €83.9mResult €1.1m39.97%
- Equity -€572,707Result -€96,40816.67%
According to the 2025 annual accounts of CODU 08 and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. 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 include these statements in its annual accounts, or does not have to, is not listed.
Connections & network
No directors read yet: 0 of 2 Gazette acts processed.
History
Acts, filings and financial milestones
About the unread acts
We know of 2 Belgian Official Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Register details
No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.
What can you do?
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 27 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 57069C0256/00F000 | Wallonia | 934 m² | 1 · 352 m² | 7.9 m · 2 |