Equity
€464,937 ▲ 4.2%
CODUVAN has made a profit without a break since 2019.
CODUVAN
Lifetime
19 annual accounts with figures on one time axis, 30 filings since 1996peak €202,006 (2023)
€125,356▲ 2.9%
lowest -€22,293 (2018)
€20,897▼ 48.7%
peak €464,937 (2025)
€464,937▲ 4.2%
€572,763▼ 35.4%
Board2 names since 2023
1 director
Documentsfilings and deeds
18-02-202618 days late
2025micro format
Turnover from €1.2m to €1.8mResult from €40,723 to €20,897Debts from €886,544 to €572,763
Key points
from the 2025 annual accountsTurnover
€1.8m ▲ 53.6%
Turnover rose in 2025 from €1.2m to €1.8m.
Payment terms
36 days to suppliers
CODUVAN pays its suppliers 196 days earlier than in 2024. Customers pay 1 day later.
2025 accounts filed 18 days after the deadline
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 14,769 companies had the same profile as CODUVAN has now. Each dot stands for 37 companies, two years later.
96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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.
| 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 14,769 companies, not a prediction for CODUVAN. 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
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0455797951
Amendment of the articles · Legal-form change · Resignations & appointments
Resignation: (director) · Appointments: (director) and (alternate director) · Legal-form conversion: from coöperatieve vennootschap met beperkte aansprakelijkheid to private limited company · General meeting of 21-12-2023 · Gazette deed
Cooperative approval granted
First establishment
CODUVAN SC, Place de la Court 4, Estinnes
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CODUVAN Estinnes | €1.0m | €125,356 | 44.7% | - |
| VERGORENT Opwijk | €1.6m | €110,558 | 96.5% | - |
| ULYSSE Bruges | €1.2m | €79,987 | 90.5% | - |
| ARMANDO PAPA'S 1648 Sint-Gillis-Waas | €0.6m | €209,120 | 25.9% | 3.4 |
| FILAARD Putte | €0.5m | €140,156 | 30.8% | 1.5 |
| FERME DE ROSELIES Aiseau-Presles | €2.2m | €237,630 | 37.0% | - |
| AARDAPPELHANDEL NEIRYNCK Zonnebeke | €1.4m | €307,594 | 57.7% | - |
These companies have the same main activity as CODUVAN: wholesale trade (NACE 46311). They are comparable in size and age: total assets between €485,000 and €2.2m, founded between 1986 and 2006.
Official details
Source: KBO- Status
- Active since 23-08-1995Normal situation
- Activity
- Wholesale tradeNACE 46311and 2 others
- Establishment unit
- 2.072.837.3427120 Estinnes, since 31-08-1995
- Financial year end
- 30 June
- Peppol
- Reachable since 16-12-2025
Insights on CODUVAN
CODUVAN files the micro format. That format states no turnover. The gross margin rose from €45,805 in 2007 to €125,356 in 2025.
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 CODUVAN
- What is the company number of CODUVAN?
- The company number of CODUVAN is 0455.797.951. The VAT number is the same number with BE in front: BE 0455.797.951.
- Where is CODUVAN based?
- The registered office is at Place de la Court 4, 7120 Estinnes.Company details
- What does CODUVAN do?
- According to the KBO register, the main activity is wholesale trade (NACE 46311).
- What is the legal form of CODUVAN?
- CODUVAN is a private limited company (BV).
- When was CODUVAN founded?
- CODUVAN was founded on 23-08-1995.
- Is CODUVAN still active?
- Yes, CODUVAN is an active enterprise in the KBO register.
- What is the turnover of CODUVAN?
- The turnover of CODUVAN was €1.8m in financial year 2025, according to the filed annual accounts.Financials
- Is CODUVAN profitable?
- In financial year 2025, CODUVAN made a profit of €20,897.
- Where can I find the annual accounts of CODUVAN?
- CODUVAN filed 30 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CODUVAN due?
- CODUVAN must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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