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CODUVAN

Active Private limited companyfounded 1995active for 31 yearsPlace de la Court 4, 7120 EstinnesKBO/BCE: BE 0455.797.951 #7 company by total assets in Estinnes, Wholesale and retail trade sector
CODUVAN
Financial year 2025
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Annual accounts 2025

micro format, filed on 18-02-2026, 18 days late
€1.8m
▲ 53.6%
€39,113
▼ 33.5%
€121,884
▲ 3.4%
€103,668
▲ 3.8%
44.7%
▲ 11.3 percentage points
1.19
▲ 0.07
In the rankings #7 company by total assets in Estinnes, Wholesale and retail trade sector#7 oldest company in Estinnes, Wholesale and retail trade sector#9 company by equity in Estinnes, Wholesale and retail trade sector

Money flows

of every €100 of turnover, €1.13 remains as profit in 2025

Balance sheet

balance sheet total €1.0m on 30-06-2025
What the company ownsHow it is paid for

in euro

Position in the sector

Compare with sector

44.7%

Higher than 53% of 13,807 companies in 2025.

1.19

Higher than 36% of 13,189 companies in 2025.

2.0%

Higher than 44% of 13,367 companies in 2025.

CODUVAN Middle half of the sector 80% of the sector Micro accounts in wholesale trade (NACE 46)

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

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019201820172016201520142013201220112010200920082007
Balance sheet: assets
20/58 1.0m1.3m1.1m928,1121.0m1.1m792,626798,785673,888595,571305,160341,140334,624279,252415,852381,614550,654636,126438,559
21/28 483,795501,909292,734195,096170,680180,936143,773124,161143,68752,10455,25575,67196,994135,813190,958185,865221,687283,713252,769
22/27 483,795501,909292,734195,096170,680180,936143,773124,161143,68752,10455,25575,67196,994135,813190,958185,865221,687283,713252,769
22 239,184206,157120,39169,67548,44646,22960,37856,64457,05033,02942,80048,87253,89275,05793,680114,590135,501156,411177,320
23 158,182192,611125,49493,759122,234134,70883,39567,20886,01919,07512,45526,79943,10160,75697,27871,27586,186127,30174,664
24 -99824,14831,662---309618---------786
25 86,429102,143-----------------
27 --22,701----------------
29/58 556,392834,156801,172733,015857,539966,512648,854674,624530,201543,467249,905265,469237,630143,440224,895195,749328,966352,414185,789
3 350,895631,02540,89251,75648,917--------62,513-----
30/36 350,895631,02540,89251,75648,917--------62,513-----
40/41 203,26316,937660,313463,282728,454844,026402,621626,347293,344338,751118,252157,817224,34274,488187,814195,254328,433291,16164,805
40 29,677-656,829462,669716,267844,026401,558614,183266,842192,360111,478154,593199,30215,007134,847141,087282,873247,70464,797
41 173,58616,9373,48561312,18701,06312,16526,502146,3916,7743,22425,04059,48152,96754,16845,56143,4587
54/58 -186,19483,04696,20210,1683,648246,23248,27712,9397,16814,933107,65213,2886,43835,39949453361,253120,985
490/1 2,233-16,920121,77670,000118,838--223,919197,548116,720---1,682----
Balance sheet: equity and liabilities
10/49 1.0m1.3m1.1m928,1121.0m1.1m792,626798,785673,888595,571305,160341,140334,624279,252415,852381,614550,654636,126438,559
10/15 464,937446,156399,513291,204273,586256,527205,945149,758174,167117,62289,15894,44737,68642,75648,83143,71041,50631,51536,573
10/11 18,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,592
100 -----18,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,592
13 123,796105,91259,9926,0367,0808,1259,16922,21327,2571,8591,8591,8591,8591,8591,859553553553553
130/1 1,8591,8591,8591,8591,859--------------
130 -----1,8591,8591,8591,8591,8591,8591,8591,8591,8591,859553553553553
1311 1,8591,8591,8591,8591,859--------------
132 6,9379,0533,1334,1775,2216,2657,31020,35425,398----------
133 115,00095,00055,000----------------
14 322,549321,652320,929263,731242,249221,514167,77396,426113,67680,41449,83549,142-13,602-14,513-14,421-24,219-32,405-48,378-49,303
15 ---2,8455,6658,29710,41212,52714,64216,75718,87224,85430,83636,81842,80148,78354,76560,74866,730
16 2,4863,3661,5662,0882,6113,3204,54711,77415,0013,0073,7125,7067,7009,69511,68913,68315,67717,67119,665
160/5 ---------3,0073,7125,7067,7009,69511,68913,68315,67717,67119,665
168 2,4863,3661,5662,0882,6113,3204,54711,77415,001----------
17/49 572,763886,544692,826634,819752,022887,601582,134637,253484,720474,942212,290240,987289,238226,802355,332324,221493,471586,940382,321
17 106,183144,552-7,60015,20022,80030,400--------25,87168,068110,266116,932
170/4 106,183144,552-7,60015,20022,80030,400--------25,87168,068110,266116,932
42/48 466,580741,992692,826627,219736,822864,801551,734637,253484,720474,942212,290240,987289,238226,674329,636294,358419,151468,164265,389
42 38,36937,820207,600107,600207,6007,6007,600------1,9081,90842,19842,19742,19742,197
43 245,486----200,000-------------
430/8 245,486----200,000-------------
44 169,825686,548134,66365,883174,932150,16049,893114,207248,382283,116120,21678,26981,151223,582236,037145,247264,853348,673145,666
440/4 169,825291,392134,66365,883174,932150,16049,893114,207248,382283,116120,21678,26981,151223,582236,037145,247264,853348,673145,666
441 -395,156-----------------
46 ------------98,281------
45 12,90015,57255,7777,85613,91926,45215,9282,7724,58221783--189508--2,7995,204
450/3 12,90015,57255,7777,85613,91926,45215,9282,7724,58221783--189508--2,7995,204
47/48 -2,053294,787445,881340,372480,590478,313520,274231,755191,60991,991162,719109,80799591,184106,914112,10074,49472,322
492/3 -------------12825,6963,9926,2528,511-
Income statement
70 1.8m1.2m-951,830---------------
76A 11,369--3,786----------8,000-26,64221,5008,150
9900 125,356121,858202,00674,23082,507121,846153,38410,796145,89153,75715,46783,89534,00852,58956,46565,13951,92045,73845,805
60/61 1.7m1.1m-881,386---------------
630 82,77159,12336,02141,03439,47652,54670,31835,50533,29411,40020,41625,76838,81958,22558,81159,39363,14565,58246,275
640/8 3,4723,92510,2958,80620,3793,9062,8802,8272,7792,3272,2862,8462,2162,157475980475475475
66A ---------5,690---------
9901 39,11358,809155,69024,39022,65365,39480,186-27,535109,81840,030-7,23455,281-7,027-7,792-2,8214,766-11,701-20,319-945
75/76B 536592,8462,8202,6332,1162,1592,1182,1152,7265,9995,9966,0356,0426,0526,0096,0257,1406,062
75 166592,8462,8202,6332,1162,1592,1182,1152,7265,9995,9966,0356,0426,0526,0096,0257,1406,062
76B 370------------------
65/66B 14,40715,3192,1062,5682,4631,2121,2521033363465528993282,1224,5826,9889,39012,073
65 14,40715,3192,1062,5682,4631,2121,2521033363465528993282,1224,5826,9889,39012,073
9903 25,24243,550156,43024,64222,82266,29881,092-25,520111,59737,032-1,30060,749-1,091-2,0789,1106,19213,979-1,0691,195
780 2,9952,281522522---------------
67/77 7,3405,10745,7984,7263,84114,82912,018-7,9447,158---99-0---
9904 20,89740,723111,15420,43819,69152,69770,302-22,29391,65930,57969462,743912-9311,1048,18615,9739253,203
789 --1,0441,0441,0441,0441,0445,0445,044----------
689 --------30,442----------
9905 20,89740,723112,19821,48220,73553,74171,346-17,24966,26130,57969462,743912-9311,1048,18615,9739253,203
Appropriation of the result
9906 342,549361,652375,929263,731242,249221,514167,77396,426146,67680,41449,83549,142-13,602-14,513-13,115-24,219-32,405-48,378-49,303
14P 321,652320,929263,731242,249---------------
691/2 20,00040,00055,000-----------1,306----
6920 --------------1,306----
6921 20,00040,00055,000----------------
694/7 --------33,000----------
695 --------33,000----------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 11 older financial years (1996-2006) were filed as documents without figures as data, scans for example.

The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 18-02-2026.

Download as CSV

Filings

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

2025 annual accounts filed 18 days after the deadline. Filed on 18 February 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00040207.

Financial year Type Filed Reference Document
30-06-2025 micro format 18-02-2026 2026-00040207 PDF
30-06-2024 micro format 18-02-2025 2025-00036062 PDF
30-06-2023 micro format 28-02-2024 2024-00038486 PDF
30-06-2022 micro format 28-02-2023 2023-00034521 PDF
30-06-2021 micro format 25-02-2022 2022-06800189 PDF
30-06-2020 full format 02-02-2021 2021-04300400 PDF
30-06-2019 micro format 27-02-2020 2020-05800040 PDF
30-06-2018 micro format 01-02-2019 2019-04000122 PDF
30-06-2017 micro format 27-02-2018 2018-05600210 PDF
30-06-2016 full format 13-02-2017 2017-04300316 PDF
30-06-2015 full format 26-02-2016 2016-05100292 PDF
30-06-2014 full format 06-02-2015 2015-03700527 PDF
30-06-2013 full format 27-02-2014 2014-05100466 PDF
30-06-2012 full format 13-02-2013 2013-03300536 PDF
30-06-2011 full format 16-02-2012 2012-03700361 PDF
30-06-2010 full format 14-02-2011 2011-03200420 PDF
30-06-2009 full format 17-02-2010 2010-04700534 PDF
30-06-2008 full format 19-12-2008 2008-86100070 PDF
30-06-2007 full format 28-12-2007 2007-85400121 PDF
30-06-2006 full format 28-02-2007 2007-06302527 PDF
30-06-2005 full format 20-12-2005 2005-90502248 PDF
30-06-2004 full format 21-12-2004 2004-86701968 PDF
30-06-2003 full format 27-01-2004 2004-02800065 PDF
30-06-2002 full format 19-12-2002 2002-77701964 PDF
30-06-2001 full format 18-03-2002 2002-06802703 PDF
30-06-2000 full format 15-02-2001 2001-04304200 PDF
30-06-1999 full format 09-03-2000 2000-05503899 PDF
30-06-1998 full format 02-03-1999 1999-04001103 PDF
30-06-1997 full format 09-02-1998 1998-02203263 PDF
30-06-1996 full format 27-01-1997 1997-01300631 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019201820172016201520142013201220112010200920082007
121,884117,932191,71165,42462,128117,940150,5047,970143,11251,43013,18281,04931,79250,43255,99064,15951,44545,26345,330
103,66899,846147,17561,47259,167105,242140,62013,211124,95341,97921,11088,51139,73158,13269,91467,57979,11866,50749,478
64,657318,161133,65965,45040,73989,709138,35015,979124,8778,24904,44503,08063,90323,5711,12096,5265,098
-103,149-13,15686,0346,519-242,584197,95635,3385,770-7,764-92,71994,3646,850-28,96134,905-39-60,720-59,732-
89,81292,164108,345105,796120,717101,71197,12037,37145,48168,52537,61524,482-51,608-83,234-104,741-98,609-90,184-115,750-79,600
2.1%4.9%-2.6%---------------
44.7%33.4%36.5%31.4%26.6%22.4%26.0%18.7%25.8%19.7%29.2%27.7%11.3%15.3%11.7%11.5%7.5%5.0%8.3%
1.191.121.161.171.161.121.181.061.091.141.181.100.820.630.680.670.780.750.70
0.440.271.101.091.101.121.181.061.091.141.181.100.820.360.680.670.780.750.70
1.231.991.732.182.753.462.834.262.784.042.382.557.685.307.287.4211.8918.6210.45
4.5%9.1%27.8%7.0%7.2%20.5%34.1%-14.9%52.6%26.0%0.8%66.4%2.4%-0.2%22.7%18.7%38.5%2.9%8.8%
2.0%3.0%10.2%2.2%1.9%4.6%8.9%-2.8%13.6%5.1%0.2%18.4%0.3%0.0%2.7%2.1%2.9%0.1%0.7%
8.467.7091.0525.47---------------
6 days5 days-177 days---------------
36 days232 days-27 days---------------

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
Item30-06-202530-06-202430-06-202330-06-2022
Tangible fixed assets€64,657€318,161€133,659€65,450
€82,771€59,123€36,021€41,034

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Insights on CODUVAN

The operating result for 2025 is 33% lower than in 2024 and the lowest since 2022. It is the second fall in a row.

Debt's share of the balance-sheet total falls from 66.4% to 55.1%. Equity is higher and debt is lower.

Next steps

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