KODACO
The computed 12-month bankruptcy probability of KODACO is 2.9% (moderate). The 2024 annual accounts show equity of €31k and a net result of €-2k. Equity is growing by ~25% per year across the filed fiscal years. Its solvency ranks better than 88% of 422 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €31k |
| Net result | €-2k |
| Better than sector | 88% |
| Active | 4 yrs |
Strong profile, led by solvency.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 78.9% | 30.5% | |
| Net result | €-2k | €7k | |
| Equity | €31k | €24k | |
| Gross operating margin | €6k | €35k | |
| Total assets | €39k | €100k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €5k |
| Net profit | €-2k |
| Cash flow | €-647 |
| Staff costs | - |
| Income taxes | €1k |
| Dividends | - |
| Total assets | €39k |
| Equity | €31k |
| Debt | €8k |
| of which ≤ 1y | €8k |
| of which > 1y | - |
| Working capital | €30k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 4.64 |
| Quick ratio | 4.64 |
| Working capital ratio | 76.9% |
| Solvency | 78.9% |
| Debt / equity | 0.27 |
| Long-term debt ratio | - |
| Interest coverage | 1.19 |
| Gross margin | - |
| Net margin | - |
| ROA | -4.1% |
| ROE | -5.2% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €39k |
| Fixed assets | 21/28 | €772 |
| Tangible fixed assets | 22/27 | €772 |
| Current assets | 29/58 | €38k |
| Amounts receivable within one year | 40/41 | €17k |
| Cash & bank | 54/58 | €19k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €39k |
| Equity | 10/15 | €31k |
| Contributions / capital | 10/11 | €3k |
| Reserves | 13 | €22k |
| Accumulated profits (losses) | 14 | €6k |
| Amounts payable | 17/49 | €8k |
| Amounts payable within one year | 42/48 | €8k |
| Trade debts payable within one year | 44 | €2k |
| Income statement | ||
| Gross operating margin | 9900 | €6k |
| Operating result | 9901 | €4k |
| Financial charges | 65 | €4k |
| Result before taxes | 9903 | €-207 |
| Income taxes | 67/77 | €1k |
| Net result for the period | 9904 | €-2k |
| Result to be appropriated | 9905 | €-2k |
| NACE primary | 52250 |
| Legal form | Private limited company(610) |
| Incorporation | 26-10-2021 |
| Status | Active |
| Postal code | 2100 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11345B0428/00W002 | Flanders | 464 m² | 1 · 260 m² | 24.7 m · 8 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
18-03-2025 Articles of association amended, translation of the articles, coordination of the articles and amendment of specific articles
Technical details
{
"notary": {
"name": "Pieter Herman",
"firm_city": null,
"firm_name": null,
"office_city": "Antwerpen",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2025-03-18",
"filing_date": "2025-03-14",
"act_kind_objet": "DOEL, STATUTEN (VERTALING, COORDINATIE, OVERIGE WIJZIGINGEN), BENAMING"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"act_date": "2025-03-10",
"unanimous": true
},
"statute_change": {
"kinds": [
"translation",
"coordination",
"targeted_amendment",
"object_change"
],
"scope": "full_restatement",
"trigger": "wvv_adaptation",
"language_after": "nl",
"language_before": "nl"
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0776.477.674",
"name_full_after": "KODACO",
"legal_form_after": "BESloten Vennootschap",
"name_full_before": "DAMAJA Maritime Consultancy",
"current_zetel_raw": "Dascottelei 136 bus 202, 2100 Antwerpen",
"legal_form_before": "BESloten Vennootschap"
},
"special_mandates": [
{
"holder_kbo": "0834.372.125",
"holder_name": "Nextgen Finance",
"scope_categories": [
"kbo",
"ubo",
"btw"
],
"with_substitution": true
}
],
"articles_modified": [
{
"summary": "De naam van de vennootschap wordt gewijzigd van \u0027DAMAJA Maritime Consultancy\u0027 naar \u0027KODACO\u0027.",
"new_text": "Artikel 1 - Naam\nDe vennootschap is opgericht als besloten vennootschap onder de naam \u0022KODACO\u0022",
"change_kind": "amended",
"article_title": "Naam",
"article_number": "1"
},
{
"summary": "Het voorwerp van de vennootschap wordt uitgebreid met een uitgebreide lijst van activiteiten, waaronder human resources consulting, interim management, logistiek, maritieme verrichtingen, transport, goederenbehandeling, en het beheren van roerend en onroerend vermogen.",
"new_text": "Artikel 4 -Voorwerp\nDe vennootschap heeft tot voorwerp, zowel in Belgi\u00EB als in het buitenland, voor eigen rekening of\nvoor rekening van of met deelneming van derden:\n- Human resource en human resource consulting in de ruimste zin van het woord;\n- dienstverlening inzake management en advies op het gebied van personeelsbeheer, financieel\nbeheer en algemeen beheer, en dit zowel aan private ondernemin",
"change_kind": "amended",
"article_title": "Voorwerp",
"article_number": "3"
}
],
"governance_change": null,
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Pieter Herman",
"org_rep_person_name": null
},
"co_filed_documents": [
"expeditie"
],
"shareholder_rights": null,
"voorwerp_change_summary": "De vennootschap heeft haar voorwerp uitgebreid met een breed scala aan activiteiten, waaronder human resources consulting, interim management, training, logistieke ondersteuning, maritieme verrichtingen, transport, goederenbehandeling, het beheren van roerend en onroerend vermogen, en het waarnemen van bestuurdersfuncties.",
"capital_structure_change": null,
"coordinated_text_lineage": null
}27-01-2025 Registered office moved within Antwerpen
- Dascottelei 134 bus 5, 2100 Antwerpen → 2100 Antwerpen, Dascottelei 136 bus 202
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_administratif",
"new_address": {
"raw": "2100 Antwerpen, Dascottelei 136 bus 202",
"city": "Antwerpen",
"region": "vlaams_gewest",
"street": "Dascottelei",
"country": "BE",
"postcode": "2100",
"box_number": "202",
"street_number": "136",
"locality_suffix": null
},
"old_address": {
"raw": "Dascottelei 134 bus 5, 2100 Antwerpen",
"city": "Antwerpen",
"region": "vlaams_gewest",
"street": "Dascottelei",
"country": "BE",
"postcode": "2100",
"box_number": "5",
"street_number": "134",
"locality_suffix": null
},
"effective_date": "2024-10-17",
"evidence_quote": "De enige bestuurder bevestigt dat ingevolge een beslissing van de burgemeester met betrekking tot hernnummer de dato 17 oktober 2024 de zetel van de vennootschap met ingang van 17 oktober 2024 verplaatst werd naar 2100 Antwerpen, Dascottelei 136 bus 202.",
"region_changed": false,
"is_statute_change": false,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "werkelijke",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2025-01-27",
"filing_date": "2025-01-16",
"act_kind_objet": "zetelverplaatsing - volmacht"
},
"decision": {
"body": "enige_bestuurder",
"date": "2025-01-06",
"unanimous": true
},
"subject_company": {
"kbo": "0776.477.674",
"name_full": "DAMAJA Maritime Consultancy",
"legal_form": "besloten vennootschap",
"_kbo_filled_from_list": true
},
"publication_proxy": {
"kind": "org",
"org_kbo": "0875.430.542",
"org_name": "VGD Accountants en Belastingconsulenten BV",
"person_name": "Inge Marquenie",
"org_rep_person_name": "Inge Marquenie",
"person_role_at_subject": "bijzonder lasthebber"
},
"co_filed_documents": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | KODACO |