Equity
€92,140 ▲ 98.2%
Commodum paid out €23,529 in dividends. That is 34% of the 2025 profit.
Commodum
Overview
Lifetime
5 annual accounts with figures on one time axispeak €133,111 (2024)
€93,735▼ 29.6%
peak €69,878 (2024)
€69,186▼ 1.0%
peak €106,606 (2023)
€92,140▲ 98.2%
€19,116▲ 96.4%
Board1 name since 2020
1 directorRAJCHANOVSKI Dejan
Documentsfilings and deeds
01-07-202630 days before the deadline
2025abbreviated format
Gross margin from €133,111 to €93,735Registered office moved from Brussels to Saint-Gilles 26-02Dividend €23,529Equity from €46,484 to €92,140Debts from €9,731 to €19,116Cash from €44,183 to €88,895
Key points
from the 2025 annual accountsTurnover
≈ €240,000 estimated
The accounts state no turnover.
Filings
5 annual accounts since 2021
The last five annual accounts were filed 8 to 50 days before the end of the period.
Starting capital
€1,000 100 shares
At the same address
18 companies
Position in the sector
82.8%
Higher solvency than 83% of companies in computer programming and consultancy. Sector median 46.4% · 3,406 companies.
Checked score
98
Excellent
Financially stronger than 85% 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
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024lowest value
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026highest value
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
1 change of registered office in 24 months
lowers risk
Liquidity: current ratio 5.82, cash €88,895
Sector: Computer programming, consultancy and related activities (NACE 62)
Equity €92,140 (82.8% 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, 82% on profitability and 89% on growth.
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, 26,972 companies had the same profile as Commodum has now. Each dot stands for 68 companies, two years later.
94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Commodum itself is lower: < 0.1% within 12 months. It rests on far more data about Commodum than the profile alone.
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.
| 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 26,972 companies, not a prediction for Commodum. 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 €9,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 5.82 (5.77 in 2024), above the usual 1.5. Short-term debt is 17.2% and cash 79.9% of total assets. 17.2% 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 riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-07-2026, 30 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
30 days early
2024
22 days early
2023
8 days early
2022
28 days early
2021
50 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 28 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 3 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0758762506
Registered office moved from Brussels to Saint-Gilles
New registered office: Rue Defacqz 75 b03, 1060 Saint-Gilles · Previous registered office: Rue Van Maerlant 11/4, 1040 Bruxelles · Board meeting of 07-02-2025 · Gazette deed
First establishment
Van Maerlantstraat 11, Brussels
Incorporation
Founding capital of €1,000, 100 shares · Founder: RAJCHANOVSKI Dejan · Appointment: RAJCHANOVSKI Dejan (director) · published on 27-11-2020 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Commodum Sint-Gillis (bij-Brussel) | €111,256 | €93,735 | 82.8% | - |
| FWH Innovation Molenbeek-Saint-Jean | €115,462 | €94,281 | 39.9% | - |
| EULERO Molenbeek-Saint-Jean | €109,448 | €99,875 | 4.6% | - |
| Happ-I Development Etterbeek | €116,823 | €99,337 | 2.6% | - |
| FK LION CONSULTING Watermael-Boitsfort | €120,458 | €87,371 | 86.3% | - |
| Makram Cyber Security Consulting Forest | €108,013 | €93,231 | 75.8% | - |
| Infra Monkey Brussels | €115,257 | €99,917 | 13.9% | - |
These companies have the same main activity as Commodum: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €108,000 and €120,000, founded between 2020 and 2021.
Official details
Source: KBO- Status
- Active since 25-11-2020Normal situation
- Registered office
- 20 active companies are registered at this address4 started in the 12 months before. Source: KBO register, as of 10 November 2026.
- Activity
- Computer consultancy and computer facilities managementNACE 62200and 1 other
- Establishment unit
- 2.311.925.7141040 Brussels, since 01-01-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 20-01-2026
Annual accounts 2025
- €93,735▼ 29.6%
- €69,186▼ 1.0%
- €92,140▲ 98.2%
- €111,256▲ 97.9%
- Filing
- Filed on 01-07-2026, 30 days before the end of the filing period
Insights on Commodum
Commodum files the abbreviated format. That format states no turnover. The gross margin rose from €83,339 in 2021 to €93,735 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
abbreviated format, filed on 01-07-2026, 30 days before the deadline€93,735
▼ 29.6%
€93,707
▲ 6.7%
€69,186
▼ 1.0%
€92,140
▲ 98.3%
82.8%
▲ 0.1 percentage points
5.82
▲ 0.05
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €240,000. Estimated: probably between €180,000 and €430,000.
Balance sheet
balance sheet total €111,256 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
82.8%
Higher than 83% of 3,406 companies in 2025.
5.82
Higher than 84% of 3,267 companies in 2025.
62.2%
Higher than 95% of 3,315 companies in 2025.
Commodum
Middle half of the sector
80% of the sector
Abbreviated accounts in computer programming and consultancy (NACE 62)
Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
111,256 | 56,215 | 129,290 | 84,650 | 54,070 | |
21/28 |
- | 29 | 289 | 549 | 809 | |
22/27 |
- | 29 | 289 | 549 | 809 | |
24 |
- | 29 | 289 | 549 | 809 | |
29/58 |
111,256 | 56,186 | 129,001 | 84,102 | 53,261 | |
40/41 |
22,361 | 12,003 | 9,020 | 10,238 | 10,110 | |
40 |
22,361 | 12,003 | 9,020 | 9,970 | 9,970 | |
41 |
- | - | - | 268 | 140 | |
54/58 |
88,895 | 44,183 | 119,982 | 73,863 | 43,151 | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
111,256 | 56,215 | 129,290 | 84,650 | 54,070 | |
10/15 |
92,140 | 46,484 | 106,606 | 60,604 | 33,301 | |
10/11 |
1,000 | 1,000 | 1,000 | 1,000 | 1,000 | |
10 |
1,000 | 1,000 | 1,000 | 1,000 | 1,000 | |
100 |
1,000 | 1,000 | 1,000 | 1,000 | 1,000 | |
14 |
91,140 | 45,484 | 105,606 | 59,604 | 32,301 | |
17/49 |
19,116 | 9,731 | 22,684 | 24,047 | 20,769 | |
42/48 |
19,116 | 9,731 | 22,684 | 24,047 | 20,169 | |
44 |
- | 240 | 1,821 | 2,240 | 2,520 | |
440/4 |
- | 240 | 1,821 | 2,240 | 2,520 | |
45 |
19,026 | 9,482 | 20,854 | 21,807 | 17,649 | |
450/3 |
19,026 | 9,482 | 18,354 | 21,807 | 15,149 | |
454/9 |
- | - | 2,500 | - | 2,500 | |
47/48 |
90 | 9 | 9 | - | - | |
492/3 |
- | - | - | - | 600 | |
| Income statement | ||||||
9900 |
93,735 | 133,111 | 101,065 | 80,980 | 83,339 | |
62 |
- | 45,057 | 42,828 | 46,092 | 42,461 | |
630 |
29 | 260 | 260 | 260 | 232 | |
9901 |
93,707 | 87,794 | 57,977 | 34,628 | 40,646 | |
75/76B |
- | 0 | - | - | 26 | |
75 |
- | 0 | - | - | 26 | |
65/66B |
163 | 140 | 196 | 141 | 26 | |
65 |
163 | 140 | 196 | 141 | 26 | |
9903 |
93,543 | 87,653 | 57,781 | 34,487 | 40,646 | |
67/77 |
24,357 | 17,775 | 11,779 | 7,185 | 8,345 | |
9904 |
69,186 | 69,878 | 46,002 | 27,303 | 32,301 | |
9905 |
69,186 | 69,878 | 46,002 | 27,303 | 32,301 | |
| Appropriation of the result | ||||||
9906 |
114,670 | 175,484 | 105,606 | 59,604 | 32,301 | |
14P |
45,484 | 105,606 | 59,604 | 32,301 | - | |
694/7 |
23,529 | 130,000 | - | - | - | |
694 |
23,529 | 130,000 | - | - | - | |
| Document | ||||||
The notes to these accounts have 3 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 01-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 01-07-2026 | 2026-00253001 | |
| 31-12-2024 | micro format | 09-07-2025 | 2025-00265350 | |
| 31-12-2023 | micro format | 23-07-2024 | 2024-00273176 | |
| 31-12-2022 | micro format | 03-07-2023 | 2023-00189631 | |
| 31-12-2021 | micro format | 11-06-2022 | 2022-20066009 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| 93,735 | 88,054 | 58,237 | 34,888 | 40,878 | ||
| 69,215 | 70,138 | 46,262 | 27,563 | 32,533 | ||
| 0 | 0 | 0 | 0 | 1,041 | ||
| 44,712 | -75,799 | 46,119 | 30,712 | - | ||
| 92,140 | 46,455 | 106,317 | 60,055 | 33,092 | ||
| 82.8% | 82.7% | 82.5% | 71.6% | 61.6% | ||
| 5.82 | 5.77 | 5.69 | 3.50 | 2.64 | ||
| 0.21 | 0.21 | 0.21 | 0.40 | 0.62 | ||
| 75.1% | 150.3% | 43.2% | 45.1% | 97.0% | ||
| 62.2% | 124.3% | 35.6% | 32.3% | 59.7% | ||
| over 100 | over 100 | over 100 | over 100 | 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| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | - | - | €1,041 |
| €29 | €260 | €260 | €260 | €232 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on Commodum
The operating result for 2025 is 7% higher than in 2024 and the highest since 2021. It is the third rise in a row, after the fall in 2022.
Debt's share of the balance-sheet total falls from 17.3% to 17.2%. Equity and debt are higher.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
since 25-11-2020
term without a fixed end
listed in the 2025 annual accounts, filed on 01-07-2026
Mandates through the years
1 name, the dashed line is todayRAJCHANOVSKI Dejan
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- RAJCHANOVSKI Dejan
- Director (not named in the articles), from 25-11-2020 to date
Control
Capital
- Contribution
- €1,000
- Shares
- 100
- Contribution per share
- €10
- Equity per share
- €921 in 2025
- Source
- deed of 27-11-2020
Articles of association
deed of 27-11-2020 (in French)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- 100 shares
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Moitié cédant moitié acquéreurs au prorata, entre vifs onéreux ou gratuit, volontaires ou forcées, usufruit nue-propriété pleine propriété…”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Monday of June
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Shareholders
At incorporation
deed of 27-11-2020 ↗
- RAJCHANOVSKI Dejan 100 shares (100%) · €1,000 in cash
Network & group
No group
Commodum has no parent and no holdings in its annual accounts. RAJCHANOVSKI Dejan is the only director. Commodum shares no director with another company.
At the same address
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| PRESENTATION ET REPRESENTATION
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total assets €953 (2025) 0458.392.207 |
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establishment since 01-10-2026 |
founded in 2026 1044.142.840 |
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Timeline
Timeline
11 events since 2020Filings
Financial
Establishments
Address
2020202220242026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBabbreviated format · 30 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:0758762506
2025
Annual accounts 2024 filed PDFmicro format · 22 days before the deadline
Registered office moved from Brussels to Saint-GillesNew registered office: Rue Defacqz 75 b03, 1060 Saint-Gilles · Previous registered office: Rue Van Maerlant 11/4, 1040 Bruxelles · Board meeting of 07-02-20252 points ▸
- Board meeting, 07-02-2025
- Registered-office move, Rue Defacqz 75 b03, 1060 Saint-Gilles
2024
Highest result from 2021 to 2025 net €69,878 ▲51.9% The net result of €69,878 is the highest of those years.
Annual accounts 2023 filed PDFmicro format · 8 days before the deadline
2023
Equity above €100,000 equity €106,606 ▲75.9% With a profit in every financial year since 2021, equity grows to €106,606.
Annual accounts 2022 filed PDFmicro format · 28 days before the deadline
2022
Annual accounts 2021 filed PDFmicro format · 50 days before the deadline
2021
First establishment Van Maerlantstraat 11, Brussels
2020
IncorporationFounding capital of €1,000, 100 shares · Founder: RAJCHANOVSKI Dejan · Appointment: RAJCHANOVSKI Dejan (director) · published on 27-11-20204 points ▸
- Founder, RAJCHANOVSKI Dejan
- Founding capital, €1,000, 100 shares
- Registered office clause, 1040 Bruxelles Rue Van Maerlant 11 boîte 4
- Director appointment, RAJCHANOVSKI Dejan (director (not named in the articles))
- The deed holds 4 more points.
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
On 25 November 2020, Commodum was incorporated as a private limited company by one natural person, with a starting capital of €1,000.12 In 2025 the registered office moved to Saint-Gilles.3 RAJCHANOVSKI Dejan has served as director since 2020.4 Total assets went from €54,070 in 2021 to €111,256 in 2025.5
Company details
Identity
- Enterprise number
- 0758.762.506
- VAT number
- BE 0758.762.506
- Peppol ID
- 0208:0758762506
- Other Peppol ID
- 9925:BE0758762506
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 25-11-2020
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Monday of Junedeed of 27-11-2020 (in French)
- Peppol
- Reachable since 20-01-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- Commodum in French
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 27-11-2020 (in French)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Région de Bruxelles-Capitale”deed of 27-11-2020 (in French)
Activities
NACEBEL 202562200
Computer consultancy and computer facilities management main activity
62100
Computer programming
Codes under NACEBEL 2008
62020
IT consultancy main activity
62010
Computer programming, consultancy and related activities
62030
Computer programming, consultancy and related activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Le conseil informatique; La gestion d’installations informatiques; La programmation informatique; D’une manière générale, toutes les…”deed of 27-11-2020 (in French)
4 activities
- Le conseil informatique
- La gestion d’installations informatiques
- La programmation informatique
- D’une manière générale, toutes les activités liées à l’informatique
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Defacqzstraat 75 registered office 1060 Sint-Gillis (bij-Brussel) | ||
| Van Maerlantstraat 11 1040 Brussels | 01-01-2021 | 2.311.925.714 |
1 former office
- Rue Van Maerlant 11/4, 1040 Bruxelles until 01-03-2025 · deed of 26-02-2025
Buildings and parcels at the addresses
- Ground area
- 5,519 m²
- Buildings
- 2,453 m²
- Volume, LiDAR
- 79,694 m³
- Tallest building
- 84.9 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21805E0424/00D000 | 4,457 m² | 1 · 1,605 m² | 84.9 m · 9 |
| 21013B0343/00B008 | 1,062 m² | 1 · 848 m² | 29.6 m · 8 |