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Codura

Active Private limited companyfounded 2024active for 1 yearTurnhoutsebaan 455, 2140 AntwerpKBO/BCE: BE 1017.915.228

Overview

Lifetime

1 annual account with figures
peak €101,969 (2025)
€101,969 
peak €78,827 (2025)
€78,827 
peak €80,827 (2025)
€80,827 
€2,037 
Board1 name since 2024
1 directorMENDES Ken
Documentsfilings and deeds
19-08-202619 days late
2025micro format
First year with figures

Key points

from the 2025 annual accounts

Turnover

≈ €150,000 estimated

The micro format states no turnover.

Position in the sector

97.5%

Higher solvency than 95% of companies in computer programming and consultancy. Sector median 60.0% · 21,208 companies.

2025 accounts filed 19 days after the deadline

Checked score

98
Excellent
Financially stronger than 84% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 01-2026: 0.4% 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.5%▲ +0.1 percentage points vs 07-2026highest value 09-2026: < 0.1%▼ -0.5 percentage points vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

100equity 97.5% of total assets
95short-term debt 2.5% · cash 36.3%
100return on assets 95.1%

Score breakdown

raises risk
Founded in 2024
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Liquidity: current ratio 20.79, cash €30,047
Equity €80,827 (97.5% of total assets)
Calculation

The band follows from the bankruptcy probability. 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 (NACE 62, micro). It does better than 85% of them on solvency, 85% on liquidity and 82% on profitability.

The bankruptcy probability was computed on 09-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 11,279 companies had the same profile as Codura has now. Each dot stands for 29 companies, two years later.

96.6%
were still trading
2.6%
stopped another way
0.7%
went bankrupt
  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of Codura itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 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 3.0% 3.1%
10 5.6% 6.2%

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 11,279 companies, not a prediction for Codura. 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

Credit of up to €7,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record

Liquidity is ample, with a current ratio of 20.79, above the usual 1.5. Short-term debt is 2.5% and cash 36.3% of total assets. 2.5% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
lowers risk · Liquidity: current ratio 20.79, cash €30,047
NBB · annual accounts
raises risk · Founded in 2024
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €80,827 (97.5% of total assets)
NBB · annual accounts
raises risk · 2025 accounts filed 19 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-08-2026, 19 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2025
19 days late
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Board and ownership

MK
Director, since 24-12-2024
  • MENDES Ken founderdeed of 30-12-2024
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:1017915228
Incorporation Founding capital of €2,000 · Founder: MENDES Ken (sole founder) · Appointment: MENDES Ken (director) · published on 30-12-2024 · Gazette deed
First establishment Turnhoutsebaan 455, Antwerp
All 4 events

Comparable companies

same main activity, similar in size and age
Company
Codura Antwerp €82,864 €101,969 97.5% -
Encover Geel €81,949 €86,275 81.8% -
TARBOT Herentals €84,936 €84,943 80.5% -
The SPRK Factory Brecht €74,528 €83,673 88.0% -
GONTCHAROV VENTURES Kalmthout €72,258 €86,365 70.9% -
Code the Future Molenbeek-Saint-Jean €84,100 €98,370 91.6% -
GEMINI-IT Andenne €82,014 €93,955 64.8% 0.6

These companies have the same main activity as Codura: computer programming (NACE 62100). They are comparable in size and age: total assets between €72,300 and €84,900, founded between 2024 and 2025.

Official details

Source: KBO
Status
Active since 24-12-2024Normal situation
Registered office
13 active companies are registered at this address2 started in the 12 months before. Source: KBO register, as of 10 November 2026.
Activity
Computer programmingNACE 62100
Establishment unit
2.367.808.2062140 Antwerp, since 24-12-2024
Financial year end
31 December
Peppol
Reachable since 14-01-2025
Company details

Annual accounts 2025

€101,969
€78,827
€80,827
€82,864
Filing
Filed on 19-08-2026
Financials

Insights on Codura

Codura has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €80,827 and a net result of €78,827.

Its solvency ranks better than 95% of 21,208 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 19-08-2026, 19 days late
€101,969
€98,934
€78,827
€40,321
97.5%
20.79

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €150,000. Estimated: probably between €130,000 and €210,000.

Balance sheet

balance sheet total €82,864 on 31-12-2025
What the company ownsHow it is paid for

Position in the sector

97.5%

Higher than 95% of 21,208 companies in 2025.

20.79

Higher than 95% of 20,571 companies in 2025.

95.1%

Higher than 95% of 20,746 companies in 2025.

Codura Middle half of the sector 80% of the sector Micro accounts in computer programming and consultancy (NACE 62)

Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025
Balance sheet: assets
20/58 82,864
21/28 40,506
22/27 40,506
24 40,506
29/58 42,358
40/41 10,077
40 9,750
41 327
54/58 30,047
490/1 2,233
Balance sheet: equity and liabilities
10/49 82,864
10/15 80,827
10/11 2,000
14 78,827
17/49 2,037
42/48 2,037
44 234
440/4 234
45 122
450/3 122
47/48 1,682
Income statement
9900 101,969
630 2,464
640/8 570
9901 98,934
75/76B 50
75 50
65/66B 36
65 36
9903 98,949
67/77 20,122
9904 78,827
9905 78,827
Appropriation of the result
9906 78,827
Document PDF

The notes to these accounts have 5 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 19-08-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 19 days after the deadline. Filed on 19 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00406279.

Financial year Type Filed Reference Document
31-12-2025 micro format 19-08-2026 2026-00406279 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025
101,399
81,292
42,971
40,321
97.5%
20.79
0.03
97.5%
95.1%
over 100

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.

Investments

fixed assets acquired
Item2025
Tangible fixed assets€42,971
€2,464

Source: notes to the 2025 annual accounts (statement of fixed assets)

Insights on Codura

Debt's share of the balance-sheet total is 2.5%.

Board & ownership

Board

1 director, since incorporation
Director
since 24-12-2024 term without a fixed end
listed in the 2025 annual accounts, filed on 19-08-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“8. Bepalingen inzake de externe vertegenwoordiging: De vennootschap is verbonden door de handelingen van het bestuursorgaan en van de…”
deed of 30-12-2024

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today
MENDES Ken
Director
Board
Mandates as a list
  • MENDES Ken
    • Director, from 24-12-2024 to date

See the board, name and registered office on a given date →

Control

Founder
This company
Codura
Equity €80,827
Profit €78,827 in 2025

Capital

Contribution
€2,000
Source
deed of 30-12-2024

Articles of association

deed of 30-12-2024 (in Dutch)
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Friday of June at 18:00

Founder

At incorporation deed of 30-12-2024 ↗

Network & group

No group

Codura has no parent and no holdings in its annual accounts. MENDES Ken is the only director. Codura shares no director with another company.

At the same address

Turnhoutsebaan 455, 2140 Antwerp · 12 other companies
Restechnica
registered office since 22-07-2020 · founded in 2020
total assets €273,081 (2025)
0750.876.505
SOJEMA
registered office since 01-06-1974 · founded in 1974
total assets €22,186 (2025)
0414.377.961
YPC Service
registered office since 26-04-2026
founded in 2026
1037.310.278
Muñoz Gonzalez, Andy (sole trader)
establishment since 16-02-2026
founded in 2026
1034.559.834
Daems, Yannick (sole trader)
establishment since 01-10-2025
founded in 2025
1026.934.149
Ibrahimi, Shees (sole trader)
establishment since 01-10-2025
founded in 2025
1027.345.509
Aajour, Yassir (sole trader)
establishment since 01-09-2025
founded in 2025
1025.902.088
Pascual Cabezas, Yusimi (sole trader)
establishment since 21-02-2024
founded in 2024
0768.967.795
Letitia Loud VZW
registered office since 02-02-2022
founded in 2022
0781.522.070
V.M.E. TURNHOUTSEBAAN 455
registered office since 01-01-2008
founded in 1973
0850.432.850
and 2 more

Timeline

Timeline

4 events since 2024
2026
Annual accounts 2025 filed NBBmicro format · 19 days late
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:1017915228
2024
IncorporationFounding capital of €2,000 · Founder: MENDES Ken (sole founder) · Appointment: MENDES Ken (director) · published on 30-12-20243 points ▸
  • Founder, MENDES Ken (sole founder)
  • Director appointment, MENDES Ken
  • Founding capital, €2,000
  • The deed holds 2 more points.

Open the deed in the Belgian Official Gazette

First establishment Turnhoutsebaan 455, Antwerp

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

Company details

Identity

Enterprise number
1017.915.228
VAT number
BE 1017.915.228
Peppol ID
0208:1017915228
Other Peppol ID
9925:BE1017915228
Legal form
Private limited company
Status
Active, normal situation
Founded
24-12-2024
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Friday of June at 18:00
deed of 30-12-2024 (in Dutch)
Peppol
Reachable since 14-01-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
Codura in Dutch
Entity type
Legal entity
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Turnhoutsebaan 455 bus 0906, 2140 Antwerpen (Borgerhout)”
deed of 30-12-2024 (in Dutch)

Activities

NACEBEL 2025
62100 Computer programming main activity
Codes under NACEBEL 2008
62010 Computer programming, consultancy and related activities main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“De creatie,ontwikkeling,verbetering,herstelling,installatie,verkoop,distributie,commercialisering,algemene vertegenwoordiging van…”
15 activities
  1. De creatie,ontwikkeling,verbetering,herstelling,installatie,verkoop,distributie,commercialisering,algemene vertegenwoordiging van websites,logo’s,grafisch materiaal,zowel hardware als software
  2. De realisatie van programma’s en gebruiksklare systemen waaronder onder meer: het analyseren,ontwerpen,programmeren en installeren van gebruiksklare systemen,inclusief automatisatie systemen
  3. Het verlenen van advies met betrekking tot informatica programma’s
  4. Het verlenen van programmatie en/of consultancy diensten aan andere informatica bedrijven
  5. Het verlenen van bijstand bij de toepassing van programma’s; de toepassing van elektronische computertechnieken in de industriële bedrijvigheid
  6. De ontwikkeling van hooggekwalificeerde softwareproducten en de commercialisatie ervan
  7. Alle activiteiten in verband met internet,alle internettoepassingen,waaronder het ontwerpen,opstellen,creëren en uitbaten van websites en in het bijzonder het ontwikkelen van Internet/Extranet/Intranet Sites en alle aanverwante applicaties,het verlenen van internetaansluitingen,evenals alle dienstverlening aangaande het voorgaande
  8. Het ontwikkelen,produceren,realiseren,commercialiseren en uitbaten van diverse (tele)communicatie-toepassingen en (multi)mediatoepassingen,producten en diensten,audiovisuele,interactieve en andere toepassingen op alle huidige en toekomstige dragers en in alle huidige en toekomstige bestandsformaten,systemen en media in het kader van en met betrekking tot hoger vermelde activiteiten,met inbegrip van het verdelen in het algemeen van alle hiervoor en hoger bedoelde audiovisuele producten,toepassingen en systemen via alle huidige of toekomstige streaming media,alsook met inbegrip van het ontwerpen en beheren van websites,het online verkopen via internet,het ontwerpen van reclamebanners op internet,het ontwerpen en het voeren en van publiciteit via internet als via alle andere streaming media,dat al dan niet door onderaannemers verzorgd wordt
  9. Het bouwen en het onderhouden van netwerken voor gegevens-,beeld-,geluid-,spraak- en multimediatransport,de transmissie van geluid,beelden,gegevens of andere informatie via kabel,draadloos,door middel van relais of via een satelliet,het samenstellen,exploiteren en commercialiseren van elektronische communicatienetwerken voor algemeen gebruik of voor bepaalde categorieën van gebruikers
  10. Consulting & coaching
  11. Het verlenen van adviezen aan bedrijven,de overheid,privé-personen en instellingen van financiële,technisch,commerciële of administratieve aard; bijstand en diensten verlenen,rechtstreeks of onrechtstreeks op het vlak van product commercialisatie,strategieformulering en de implementatie ervan op het vlak van verkoop,marketing,promotie & communicatie,efficiëntie,productie,distributie,aankoop en dit alles in de ruimste zin
  12. De vennootschap kan zelf of als tussenpersoon alle hulpmiddelen verschaffen,bestuurdersfuncties waarnemen en diensten verlenen die direct of indirect verband houden met het voorgaande. De diensten kunnen worden geleverd krachtens contractuele of statutaire benoeming en in hoedanigheid van externe raadgever of orgaan van de cliënt
  13. Beleggingen en beheer van vermogens,gaande van onroerende goederen en rechten tot roerende goederen en kapitalen,dit alles hetzij voor eigen rekening,hetzij voor rekening van derden of in deelname met derden; deze aanduiding en opsomming zijn niet beperkend doch enkel van aanwijzende aard en te begrijpen in de ruimste zin. De verrichtingen die door de wet van zes april negentienhonderd vijfennegentig zijn voorbehouden aan de beleggingsondernemingen,de bemiddelaars en de beleggingsadviseurs zijn de vennootschap verboden
  14. Organiseren en doceren van allerhande cursussen,voordrachten,seminaries voor algemene,beroeps- en technische opleidingen ter inlichting,vervolmaking of vorming
  15. Het organiseren en uitvoeren van marktonderzoek voor bedrijven,de overheid,privépersonen en instellingen. Deze bedrijvigheid omvat economische studies,marktonderzoek,operationeel onderzoek en statistische studies allerhande
deed of 30-12-2024 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Turnhoutsebaan 455 registered office 2140 Antwerp 24-12-2024 2.367.808.206

Buildings and parcels at the address

Ground area
1.5 ha
Buildings
1,195 m²
Volume, LiDAR
59,470 m³
Tallest building
55.5 m
Buildings to scale, each on its own parcel
1,195 m², 55.5 m 1,195 m², 55.5 m

Location

registered office establishment The establishment unit on the map
13 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
11312A0054/00K0001.5 ha 1 · 1,195 m² 55.5 m · 17

Contact

E-mail info@codura.be