KODEKO
ActiveKODEKO has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €570k and a net result of €193k. Equity is growing by ~14.1% per year across the filed fiscal years. Its solvency ranks better than 59% of 20785 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
95
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability98▲+13
Solvency95▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 3.17 against 2.98 in 2023; short-term debt: 24.7% and cash: 45.2% of total assets), and 30% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
70%
Return on assets
23.7%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-06-2025, 38 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
38 d early
2023
40 d early
2022
35 d early
2021
25 d early
2020
36 d early
2019
115 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€570k▲ 39.1%
2023 · €410k
2018: €215k
2019: €248k
2020: €281k
2021: €323k
2022: €363k
2023: €410k
2018 → 2024
Total assets
€814k▲ 31.9%
2023 · €617k
2018: €240k
2019: €409k
2020: €448k
2021: €503k
2022: €516k
2023: €617k
2018 → 2024
Net result
€193k▲ 142%
2023 · €80k
2018: €33k
2019: €34k
2020: €59k
2021: €52k
2022: €50k
2023: €80k
2018 → 2024
Working capital
€438k▲ 46.0%
2023 · €300k
2018: €101k
2019: €254k
2020: €340k
2021: €369k
2022: €382k
2023: €300k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€281k-€323k▲ 15.0%€363k▲ 12.5%€410k▲ 12.9%€570k▲ 39.1%
Operating result€91k-€80k▼ 11.7%€79k▼ 2.3%€123k▲ 57.1%€290k▲ 135%
Net result€59k-€52k▼ 13.0%€50k▼ 2.8%€80k▲ 59.3%€193k▲ 142%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 135% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €814k
Fixed assets
€176k▲ 5.8%
Current assets
€639k▲ 41.5%
Equity and liabilities €814k
Equity
€570k▲ 39.1%
Debt
€244k▲ 17.8%
The debt ratio falls from 33.6% to 30.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€334k▲
2023 · €155k
Cash flow
€238k▲
2023 · €111k
Solvency
70.0%▲
2023 · 66.4%
Current ratio
3.17▲
2023 · 2.98
Quick ratio
1.84▲
2023 · 1.32
Debt / equity
0.43▼
2023 · 0.51
ROE
33.9%▲
2023 · 19.5%
ROA
23.7%▲
2023 · 12.9%
Interest coverage
259.41▲
2023 · 101.98
Debt
€244k▲
2023 · €207k
Debt ≤ 1 year
€201k▲
2023 · €152k
Debt > 1 year
€43k▼
2023 · €56k
Income taxes
€98k▲
2023 · €42k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€617k€814k▲
Fixed assets21/28€166k€176k▲
Tangible fixed assets22/27€166k€176k▲
Land and buildings22€24k€36k▲
Plant, machinery and equipment23€52k€74k▲
Furniture and vehicles24€90k€66k▼
Current assets29/58€451k€639k▲
Stocks and contracts in progress3€252k€268k▲
Stocks30/36€227k€236k▲
Contracts in progress37€25k€32k▲
Amounts receivable within one year40/41€33k-
Trade receivables40€33k-
Cash at bank and in hand54/58€165k€368k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€617k€814k▲
Equity10/15€410k€570k▲
Contributions10/11€12k€12k=
Reserves13€398k€558k▲
Tax-exempt reserves132€20k€20k=
Distributable reserves133€378k€538k▲
Amounts payable17/49€207k€244k▲
Amounts payable after more than one year17€56k€43k▼
Financial debts170/4€56k€43k▼
Amounts payable within one year42/48€152k€201k▲
Current portion of amounts payable after more than one year42€13k€13k▲
Trade debts44€49k€29k▼
Suppliers440/4€49k€29k▼
Taxes, remuneration and social security45€63k€105k▲
Taxes450/3€63k€105k▲
Other amounts payable47/48€27k€55k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€31k€44k▲
Other operating charges640/8€1k€1k▲
Gross operating margin9900€156k€336k▲
Operating profit (loss)9901€123k€290k▲
Financial income75/76B€147€3k▲
Recurring financial income75€147€3k▲
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€122k€291k▲
Income taxes67/77€42k€98k▲
Profit (loss) for the period9904€80k€193k▲
Profit (loss) for the period to be appropriated9905€80k€193k▲
Appropriation of the result
Profit (loss) to be appropriated9906€80k€193k▲
Transfer from equity791/2€33k€33k▼
Transfer to equity691/2€80k€193k▲
To other reserves6921€80k€193k▲
Profit to be distributed694/7€33k€33k▼
Return on contributions (dividend)694€33k€33k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €193k ▲142%
Operating result €290k, net result €193k, both a record.
31-12
Financial
Equity above €500kEq €570k ▲39.1%
7 profitable years in a row build equity to €570k.
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
06-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
23-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 115 days late
2019
21-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 21 days late
2018
07-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
14-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
23-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 23 days late
Financial 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
Registered office, Zottegem · 1 establishment unit since 2004
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.
Europaweg 759620 ZottegemGround area
1,022 m²
Building footprint
175 m²
Volume, LiDAR
1,305 m³
Parcel 41023A1233/00D000, Flanders · tallest building 10.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
KODEKO
since 20042.143.089.888
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41023A1233/00D000 | Flanders | 1,022 m² | 1 · 175 m² | 10.6 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
RAAF
BE 0455.982.449
Aartselaar · Eq €570k
Finadvu
BE 0668.741.160
Knokke-Heist · Eq €570k
RUBICON CONSULTING
BE 0893.945.862
Beveren-Kruibeke-Zwijndrecht · Eq €570k
PROMANDO
BE 0866.948.782
Antwerpen · Eq €571k
PURE PMO
BE 0825.597.484
Sint-Lambrechts-Woluwe · Eq €571k
Of 29,992 companies in sector 62200 we hold annual accounts for 18,386. 11,399 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-09-2004
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
72100
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.