KOD'IT
ActiveSummary
KOD'IT has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €32,234 and a net result of €38,444. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 75% of 28281 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency95▲+20
Growth58=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days acceptable
Liquidity ample (current ratio 2.83 against 1.79 in 2024; short-term debt: 30.1% and cash: 79.2% of total assets), and 30.1% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
69.9%
Return on assets
83.4%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 08-06-2026, 53 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
53 d early
2024
51 d early
2023
26 d early
2022
26 d early
2021
1 d late
2020
20 d late
2019
30 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 24 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 5 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€32,234=
2024 · €32,234
Total assets
€46,119▼ 28.4%
2024 · €64,426
Net result
€38,444▲ 37.1%
2024 · €28,032
Working capital
€25,444▲ 0.6%
2024 · €25,282
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€42,083▲ 10.2%€13,676▼ 67.5%€9,402▼ 31.3%€38,882▲ 314%€55,008▲ 41.5%
Net result€31,628above the sector's middle half▲ 10.6%€9,609within the sector's middle half▼ 69.6%€4,535within the sector's middle half▼ 52.8%€28,032within the sector's middle half▲ 518%€38,444above the sector's middle half▲ 37.1%
Equity€45,263within the sector's middle half▲ 128%€42,234within the sector's middle half▼ 6.7%€32,234within the sector's middle half▼ 23.7%€32,234within the sector's middle half=€32,234within the sector's middle half=
Total assets€105,252within the sector's middle half▼ 20.3%€108,667within the sector's middle half▲ 3.2%€63,767below the sector's middle half▼ 41.3%€64,426below the sector's middle half▲ 1.0%€46,119below the sector's middle half▼ 28.4%
Debt€59,989▼ 46.6%€66,433▲ 10.7%€31,532▼ 52.5%€32,192▲ 2.1%€13,885▼ 56.9%
Working capital€25,198within the sector's middle half▲ 2,749%€24,447within the sector's middle half▼ 3.0%€11,315within the sector's middle half▼ 53.7%€25,282within the sector's middle half▲ 123%€25,444within the sector's middle half▲ 0.6%
Solvency43.0%within the sector's middle half▲ 28.0pp38.9%within the sector's middle half▼ 4.1pp50.6%within the sector's middle half▲ 11.7pp50.0%within the sector's middle half▼ 0.5pp69.9%within the sector's middle half▲ 19.9pp
Current ratio1.63within the sector's middle half▲ 0.621.42within the sector's middle half▼ 0.211.36within the sector's middle half▼ 0.061.79within the sector's middle half▲ 0.432.83within the sector's middle half▲ 1.05
Return on assets (ROA)30.0%above the sector's middle half▲ 8.4pp8.8%within the sector's middle half▼ 21.2pp7.1%within the sector's middle half▼ 1.7pp43.5%above the sector's middle half▲ 36.4pp83.4%above the sector's middle half▲ 39.8pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 41% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €46,119
Fixed assets
€6,790 ▼ 2.3%
Current assets
€39,329 ▼ 31.6%
Equity and liabilities €46,119
Equity
€32,234 =
Debt
€13,885 ▼ 56.9%
Debt's share of the balance-sheet total falls from 50.0% to 30.1%. Debt is lower.
Key figures and ratios
EBITDA
€58,740▲
2024 · €43,293
Cash flow
€42,176▲
2024 · €32,443
Debt to equity
0.43▼
2024 · 1.00
ROE
119.3%▲
2024 · 87.0%
Interest coverage
26.99▲
2024 · 16.24
Debt ≤ 1 year
€13,885▼
2024 · €32,192
Income taxes
€14,405▲
2024 · €8,185
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,696 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.7%
went bankrupt
3.9%
stopped otherwise
95%
still going
For this company itself Checked computes a higher bankruptcy probability: 0.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 34,696 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13,836 | €14,971 | €15,842 | €4,411 | €3,732 | ▼ 15.4% |
| Other operating charges640/8 | €223 | €571 | €707 | €704 | €817 | ▲ 16.0% |
| Gross operating margin9900 | €56,142 | €29,217 | €25,951 | €43,997 | €59,557 | ▲ 35.4% |
| Operating profit (loss)9901 | €42,083 | €13,676 | €9,402 | €38,882 | €55,008 | ▲ 41.5% |
| Financial income75/76B | €0 | - | €0 | €1 | €18 | ▲ 1,681% |
| Recurring financial income75 | €0 | - | €0 | €1 | €18 | ▲ 1,681% |
| Financial charges65/66B | €910 | €612 | €2,745 | €2,666 | €2,176 | ▼ 18.4% |
| Recurring financial charges65 | €910 | €612 | €2,745 | €2,666 | €2,176 | ▼ 18.4% |
| Profit (loss) for the period before taxes9903 | €41,173 | €13,064 | €6,657 | €36,217 | €52,849 | ▲ 45.9% |
| Income taxes67/77 | €9,545 | €3,455 | €2,121 | €8,185 | €14,405 | ▲ 76.0% |
| Profit (loss) for the period9904 | €31,628 | €9,609 | €4,535 | €28,032 | €38,444 | ▲ 37.1% |
| Profit (loss) for the period to be appropriated9905 | €31,628 | €9,609 | €4,535 | €28,032 | €38,444 | ▲ 37.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €105,252 | €108,667 | €63,767 | €64,426 | €46,119 | ▼ 28.4% |
| Fixed assets21/28 | €40,101 | €26,442 | €20,919 | €6,952 | €6,790 | ▼ 2.3% |
| Tangible fixed assets22/27 | €40,022 | €26,363 | €20,840 | €6,873 | €6,711 | ▼ 2.4% |
| Furniture and vehicles24 | €40,022 | €26,363 | €20,840 | €6,873 | €6,711 | ▼ 2.4% |
| Financial fixed assets28 | €79 | €79 | €79 | €79 | €79 | = |
| Current assets29/58 | €65,150 | €82,225 | €42,848 | €57,475 | €39,329 | ▼ 31.6% |
| Amounts receivable within one year40/41 | €16,419 | €7,728 | €2,668 | €8,177 | €1,815 | ▼ 77.8% |
| Trade receivables40 | €16,419 | €1,012 | €1,149 | €1,361 | €600 | ▼ 55.9% |
| Other amounts receivable41 | - | €6,716 | €1,519 | €6,815 | €1,215 | ▼ 82.2% |
| Cash at bank and in hand54/58 | €47,341 | €73,275 | €37,757 | €48,199 | €36,503 | ▼ 24.3% |
| Deferred charges and accrued income490/1 | €1,390 | €1,222 | €2,422 | €1,099 | €1,011 | ▼ 8.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €105,252 | €108,667 | €63,767 | €64,426 | €46,119 | ▼ 28.4% |
| Equity10/15 | €45,263 | €42,234 | €32,234 | €32,234 | €32,234 | = |
| Contributions10/11 | €1 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €13,634 | €13,634 | €13,634 | €13,634 | €13,634 | = |
| Non-distributable reserves130/1 | €1,234 | €1,234 | €1,234 | €1,234 | €1,234 | = |
| Reserves not available under the articles1311 | €1,234 | €1,234 | €1,234 | €1,234 | €1,234 | = |
| Tax-exempt reserves132 | €12,401 | €12,401 | €12,401 | €12,401 | €12,401 | = |
| Profit (loss) carried forward14 | €31,628 | €10,000 | - | - | - | - |
| Amounts payable17/49 | €59,989 | €66,433 | €31,532 | €32,192 | €13,885 | ▼ 56.9% |
| Amounts payable after more than one year17 | €20,036 | €8,654 | - | - | - | - |
| Financial debts170/4 | €20,036 | €8,654 | - | - | - | - |
| Amounts payable within one year42/48 | €39,953 | €57,779 | €31,532 | €32,192 | €13,885 | ▼ 56.9% |
| Current portion of amounts payable after more than one year42 | €11,204 | €11,382 | €9,621 | - | - | - |
| Trade debts44 | €1,152 | €1,334 | €3,164 | €2,443 | €6,446 | ▲ 164% |
| Suppliers440/4 | €1,152 | €1,334 | €3,164 | €2,443 | €6,446 | ▲ 164% |
| Taxes, remuneration and social security45 | €19,742 | €10,370 | €4,168 | €1,673 | €4,467 | ▲ 167% |
| Taxes450/3 | €17,695 | €8,324 | €2,121 | €1,673 | €2,422 | ▲ 44.8% |
| Remuneration and social security454/9 | €2,046 | €2,046 | €2,046 | - | €2,045 | - |
| Other amounts payable47/48 | €7,856 | €34,693 | €14,580 | €28,076 | €2,972 | ▼ 89.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €31,628 | €9,609 | €4,535 | €28,032 | €38,444 | ▲ 37.1% |
| + Depreciation and write-downs630 | €13,836 | €14,971 | €15,842 | €4,411 | €3,732 | ▼ 15.4% |
| Operating cash flow (approximation) | €45,464 | €24,580 | €20,377 | €32,443 | €42,176 | ▲ 30.0% |
| Investment in fixed assets (approximation) | - | -€1,311 | -€10,319 | €9,556 | -€3,570 | ▼ 137% |
| Change in cash | - | €25,934 | -€35,518 | €10,442 | -€11,696 | ▼ 212% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €38,444 ▲37.1%
Operating result €55,008, net result €38,444, both a record.
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €4,535 ▼52.8%
Net result drops to €4,535, the lowest in the series; recovery starts the following year.
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
01-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 1 day late
2021
20-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 20 days late
2020
01-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
11-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
05-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
20-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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
Registered office, Le Roeulx · 1 establishment unit since 2014
Ground area
135 m²
Building footprint
91 m²
Volume, LiDAR
930 m³
Parcel 55035D0301/00P000, Wallonia · tallest building 12.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue d'Houdeng(R) 32, 7070 Le Roeulx
since 20142.234.138.246
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55035D0301/00P000 | Wallonia | 135 m² | 1 · 91 m² | 12.6 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 22,827 companies in sector 43211 we hold annual accounts for 10,333. 8,066 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded26-08-2014
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
62900Other information technology and computer services
62100Computer programming
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0560728492
Also
9925:BE0560728492
Registered
22-09-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.