CODYNA
Bankruptcy closedCODYNA was declared bankrupt on 05-09-2023 (Ondernemingsrechtbank Brussel); the bankruptcy was closed for insufficient assets by judgment of 04-11-2025, published in the Belgian State Gazette on 12-11-2025. The 2017 annual accounts show equity of €5k and a net result of €10k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2017 was due by 31-07-2018 and was filed on 10-07-2018, 21 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
Financials · fiscal year 2017, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€10k
2016 · €-22k
2014: €11k
2015: €-398
2016: €-22k
2014 → 2017
Working capital
€5k
2016 · €-12k
2014: €-3k
2015: €-11k
2016: €-12k
2014 → 2017
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2014201520162017Trend
Equity€6k-€6k▼ 6.4%€-4k€5k
Operating result€13k-€1k▼ 91.6%€-22k€10k
Net result€11k-€-398€-22k▼ 5,537%€10k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2017: €10k after a loss of €22k in 2016.
Balance-sheet composition
Equity and liabilities €11k
Equity
€5k
Debt
€6k
Debt finances 51.0% of the balance-sheet total.
Key figures and ratios
Solvency
49.0%▲
2016 · -31.7%
Current ratio
1.96▲
2016 · 0.34
Quick ratio
1.96▲
2016 · 0.26
ROE
179.4%
ROA
87.9%▲
2016 · -167.6%
Debt
€6k▼
2016 · €18k
Debt ≤ 1 year
€6k▼
2016 · €18k
Income taxes
€54▲
2016 · €-204
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2017 against 2016
Balance sheet
Code20162017
Assets
Total assets20/58€13k€11k▼
Fixed assets21/28€7k-
Tangible fixed assets22/27€7k-
Current assets29/58€6k€11k▲
Stocks and contracts in progress3€1k-
Amounts receivable within one year40/41€4k€11k▲
Cash at bank and in hand54/58€593-
Equity and liabilities
Total equity and liabilities10/49€13k€11k▼
Equity10/15€-4k€5k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-23k€-13k▲
Amounts payable17/49€18k€6k▼
Amounts payable within one year42/48€18k€6k▼
Trade debts44€9k€4k▼
Income statement
Code20162017
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k-
Gross operating margin9900€-18k€12k▲
Operating profit (loss)9901€-22k€10k▲
Recurring financial charges65€344€40▼
Profit (loss) for the period before taxes9903€-23k€10k▲
Income taxes67/77€-204€54▲
Profit (loss) for the period9904€-22k€10k▲
Profit (loss) for the period to be appropriated9905€-22k€10k▲
Timeline · acts, filings and financial milestones
2025
12-11
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Brussel · CODYNA BV GRENSSTRAAT 166/3, 1970 WEZEMBEEK-OPPEM · event 04-11-2025
2023
12-09
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · CODYNA BV GRENS- STRAAT 166/3, 1970 WEZEMBEEK-OPPEM · event 05-09-2023
2018
10-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-12
Financial
Back to profitnet €10k
Net result €10k after 2 loss-making years.
31-12
Financial
Liquidity times 6current ratio 1.96
Current ratio from 0.34 to 1.96; short-term debt falls from €18k to €6k.
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
08-05
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 281 days late
2016
31-12
Financial
Weakest financial yearnet €-22k
Net result drops to €-22k, the lowest in the series.
2015
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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
1 establishment unit since 2013
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Ground area
775 m²
Building footprint
452 m²
Volume, LiDAR
4,714 m³
2 parcels, Brussels, Flanders · tallest building 17.2 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
L'Isadora
since 20132.220.382.260
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22302C0229/00H000 | Flanders | 726 m² | 1 · 402 m² | 17.2 m · 4 fl. |
| 21808H1737/00A000 | Brussels | 49 m² | 1 · 50 m² | 16.4 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | THOMAS VANDENDRIES STEENWEG OP SINT JORIS
WINGE 21, 3200 AARSCHOT |
05-09-2023 → present |
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded10-07-2013
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.