KODIAC
ActiveSummary
KODIAC is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The latest annual accounts of KODIAC were filed more than 90 days after the deadline. The 2024 annual accounts show equity of €404,622 and a net result of €94,321. Equity is growing by ~15.1% per year across the filed fiscal years. Its solvency ranks better than 22% of 9871 sector peers (fiscal year 2024). The company has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Filing: Filed more than 90 days late
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
1 signal. The signal on the left, the evidence on the right.
+raises risk
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 12-11-2025, 104 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
104 d late
2023
122 d late
2022
122 d late
2021
179 d late
2020
122 d late
2019
122 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 129 days after the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What changed in the latest annual accounts?What changed What held for this company on a given day: board, seat, name?Company as of a date
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
€404,622▼ 29.6%
2023 · €574,771
Net result
€94,321▼ 6.9%
2023 · €101,310
Total assets
€2.0m▼ 1.8%
2023 · €2.0m
Solvency
20.4%▼ 8.1pp
2023 · 28.5%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, 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
Line20202021202220232024
Operating result€131,293▼ 21.2%€131,063▼ 0.2%€229,775▲ 75.3%€283,356▲ 23.3%€210,823▼ 25.6%
Net result€42,130within the sector's middle half▼ 38.3%€44,641within the sector's middle half▲ 6.0%€108,847above the sector's middle half▲ 144%€101,310above the sector's middle half▼ 6.9%€94,321above the sector's middle half▼ 6.9%
Equity€319,973within the sector's middle half▲ 15.2%€364,614within the sector's middle half▲ 14.0%€473,461above the sector's middle half▲ 29.9%€574,771above the sector's middle half▲ 21.4%€404,622above the sector's middle half▼ 29.6%
Total assets€1.8mabove the sector's middle half▼ 1.5%€1.8mabove the sector's middle half▼ 1.4%€1.9mabove the sector's middle half▲ 8.6%€2.0mabove the sector's middle half▲ 6.0%€2.0mabove the sector's middle half▼ 1.8%
Debt€141,231▼ 31.0%€78,942▼ 44.1%€127,614▲ 61.7%€148,842▲ 16.6%€291,755▲ 96.0%
Working capital€235,278above the sector's middle half▲ 17.7%€272,814above the sector's middle half▲ 16.0%€374,219above the sector's middle half▲ 37.2%€467,733above the sector's middle half▲ 25.0%€289,418above the sector's middle half▼ 38.1%
Solvency18.0%below the sector's middle half▲ 2.6pp20.8%below the sector's middle half▲ 2.8pp24.9%within the sector's middle half▲ 4.1pp28.5%within the sector's middle half▲ 3.6pp20.4%below the sector's middle half▼ 8.1pp
Current ratio2.67within the sector's middle half▲ 0.694.46above the sector's middle half▲ 1.793.93within the sector's middle half▼ 0.524.14above the sector's middle half▲ 0.211.99within the sector's middle half▼ 2.15
Return on assets (ROA)2.4%within the sector's middle half▼ 1.4pp2.5%within the sector's middle half▲ 0.2pp5.7%within the sector's middle half▲ 3.2pp5.0%within the sector's middle half▼ 0.7pp4.8%within the sector's middle half▼ 0.3pp
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, 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
The operating result falls in 2024; 2024 is 26% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.0m
Fixed assets
€1.4m =
Current assets
€581,172 ▼ 5.7%
Equity and liabilities €2.0m
Equity
€404,622 ▼ 29.6%
Provisions
€1.3m ▼ 0.6%
Debt
€291,755 ▲ 96.0%
Debt's share of the balance-sheet total rises from 7.4% to 14.7%. Equity is lower and debt is higher.
Key figures and ratios
ROE
23.3%▲
2023 · 17.6%
Debt ≤ 1 year
€291,755▲
2023 · €148,842
Income taxes
€47,536▼
2023 · €114,050
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | -€7,105 | -€7,442 | -€7,796 | -€8,166 | ▼ 4.7% |
| Other operating charges640/8 | - | €0 | €302 | €109 | €18,091 | ▲ 16,497% |
| Gross operating margin9900 | €124,611 | €123,958 | €222,635 | €275,669 | €220,748 | ▼ 19.9% |
| Operating profit (loss)9901 | €131,293 | €131,063 | €229,775 | €283,356 | €210,823 | ▼ 25.6% |
| Financial charges65/66B | - | €68,705 | €68,815 | €67,996 | €68,966 | ▲ 1.4% |
| Recurring financial charges65 | €72,448 | €68,705 | €68,815 | €67,996 | €68,966 | ▲ 1.4% |
| Profit (loss) for the period before taxes9903 | €58,844 | €62,359 | €160,960 | €215,360 | €141,857 | ▼ 34.1% |
| Income taxes67/77 | €16,715 | €17,717 | €52,113 | €114,050 | €47,536 | ▼ 58.3% |
| Profit (loss) for the period9904 | €42,130 | €44,641 | €108,847 | €101,310 | €94,321 | ▼ 6.9% |
| Profit (loss) for the period to be appropriated9905 | €42,130 | €44,641 | €108,847 | €101,310 | €94,321 | ▼ 6.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.8m | €1.8m | €1.9m | €2.0m | €2.0m | ▼ 1.8% |
| Fixed assets21/28 | €1.4m | €1.4m | €1.4m | €1.4m | €1.4m | = |
| Financial fixed assets28 | €1.4m | €1.4m | €1.4m | €1.4m | €1.4m | = |
| Current assets29/58 | €376,509 | €351,757 | €501,833 | €616,575 | €581,172 | ▼ 5.7% |
| Amounts receivable within one year40/41 | €303,066 | €349,502 | €434,683 | €506,392 | €345,974 | ▼ 31.7% |
| Trade receivables40 | - | €100,379 | €158,304 | €159,871 | €123,979 | ▼ 22.5% |
| Other amounts receivable41 | - | €249,123 | €276,379 | €346,522 | €221,995 | ▼ 35.9% |
| Cash at bank and in hand54/58 | €71,673 | €642 | €62,148 | €110,182 | €233,585 | ▲ 112% |
| Deferred charges and accrued income490/1 | - | €1,613 | €5,002 | €0 | €1,613 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.8m | €1.8m | €1.9m | €2.0m | €2.0m | ▼ 1.8% |
| Equity10/15 | €319,973 | €364,614 | €473,461 | €574,771 | €404,622 | ▼ 29.6% |
| Contributions10/11 | - | €6,500 | €6,500 | €6,500 | €6,500 | = |
| Reserves13 | €308,420 | €352,920 | €461,767 | €563,076 | €392,927 | ▼ 30.2% |
| Non-distributable reserves130/1 | - | €1,950 | €1,950 | €1,950 | €1,950 | = |
| Reserves not available under the articles1311 | - | €1,950 | €1,950 | €1,950 | €1,950 | = |
| Distributable reserves133 | - | €350,970 | €459,817 | €561,126 | €390,977 | ▼ 30.3% |
| Profit (loss) carried forward14 | €5,053 | €5,195 | €5,195 | €5,195 | €5,195 | = |
| Provisions and deferred taxes16 | €1.3m | €1.3m | €1.3m | €1.3m | €1.3m | ▼ 0.6% |
| Provisions for liabilities and charges160/5 | - | €1.3m | €1.3m | €1.3m | €1.3m | ▼ 0.6% |
| Other liabilities and charges164/5 | - | €1.3m | €1.3m | €1.3m | €1.3m | ▼ 0.6% |
| Amounts payable17/49 | €141,231 | €78,942 | €127,614 | €148,842 | €291,755 | ▲ 96.0% |
| Amounts payable within one year42/48 | €141,231 | €78,942 | €127,614 | €148,842 | €291,755 | ▲ 96.0% |
| Trade debts44 | €3,191 | €5,068 | €4,307 | €8,282 | €11,826 | ▲ 42.8% |
| Suppliers440/4 | - | €5,068 | €4,307 | €8,282 | €11,826 | ▲ 42.8% |
| Taxes, remuneration and social security45 | - | €40,316 | €89,748 | €107,002 | €184,620 | ▲ 72.5% |
| Taxes450/3 | - | €40,316 | €86,646 | €103,899 | €168,294 | ▲ 62.0% |
| Remuneration and social security454/9 | - | - | €3,102 | €3,102 | €16,326 | ▲ 426% |
| Other amounts payable47/48 | - | €33,559 | €33,559 | €33,559 | €95,309 | ▲ 184% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €42,130 | €44,641 | €108,847 | €101,310 | €94,321 | ▼ 6.9% |
| Operating cash flow (approximation) | €42,130 | €44,641 | €108,847 | €101,310 | €94,321 | ▼ 6.9% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€71,031 | €61,507 | €48,034 | €123,403 | ▲ 157% |
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
2025
12-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 104 days late
2024
30-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 122 days late
2023
31-12
Financial
Equity above €500,000Eq €574,771 ▲21.4%
6 profitable years in a row build equity to €574,771.
30-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 122 days late
26-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 179 days late
2022
31-12
Financial
Highest result since 2018net €108,847 ▲144%
Net result €108,847, the highest in the series.
2021
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 122 days late
2020
31-12
Financial
Weakest financial yearnet €42,130 ▼38.3%
Net result drops to €42,130, the lowest in the series; recovery starts the following year.
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
22-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 449 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
2017
03-10
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 64 days late
2016
22-11
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 114 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Schoten · 1 establishment unit since 2003
Ground area
1,646 m²
Building footprint
241 m²
Volume, LiDAR
1,388 m³
Parcel 11040D0186/00K011, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Eekhoornlei 38, 2900 Schoten
since 20032.312.879.381
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11040D0186/00K011 | Flanders | 1,646 m² | 1 · 241 m² | 8.7 m · 2 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.
Similar companies · same sector, comparable size
BTA Holding
BE 1009.930.940
Waregem · Eq €404,712
PETER SNEL
BE 0863.735.807
Kruisem · Eq €404,527
P2W
BE 0673.962.532
Kruisem · Eq €404,731
VerKonsult
BE 0745.607.227
Wetteren · Eq €404,740
Rokariam
BE 0818.355.445
Diksmuide · Eq €404,486
Of 23,109 companies in sector 64200 we hold annual accounts for 19,357. 13,568 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
Founded31-12-2003
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0862455902
Also
9925:BE0862455902
Registered
15-07-2025
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.