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Kodij

Active
Private limited companyfounded 20233 yrs activeLAR Blok Z (Aal) 5, 8511 Kortrijk, BelgiumKBO/BCE: BE 0800.881.686
Summary

Kodij has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €452,383 and a net result of -€15,723. Its solvency ranks better than 38% of 742 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Overview

What they do
Other technical testing and analysis
NACE 71209
1 site
How big
€1.4mtotal assets 2025
Equity
€452,383
Loss
-€15,723
Financially healthy?
63 Healthy Checked score 2025
Bankruptcy chance 12 m
0.7%
Who decides
Largest shareholder
Beauvent · 50%
Accounts filed 13 d late0 of 1 deed read
Why 63- Limited track record+ Lower-failure-rate sectorFiled after the deadlineShow the evidence

Checked score

Score 2025
Axes · tick = 2024
Profitability35▲+35
Solvency58▲+2
Growth78
Track record94
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days acceptable
Liquidity ample (current ratio 2.53 against 3.06 in 2024; short-term debt: 16.2% and cash: 20.5% of total assets), but 67.1% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-08-2026, 13 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filings
Deviation from the deadline
2025
13 d late
2024
14 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 1 day before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 34% 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.
Companies Code · seven months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · full…
  2. Equity above €200,000Eq €452,383 ▲621%
  3. Annual accounts filedfiscal year 2024 · full…

Financials

Fiscal year 2025Total assets €1.4mLoss -€15,723Solvency 32.9%Liquidity 2.53
Total assets
€1.4m▲ 582%
2024 - 2025
Net result
-€15,723▲ 57.8%
2024 - 2025
Equity
€452,383▲ 621%
2024 - 2025
Solvency
32.9%▲ 1.8pp
2024 - 2025

Financials · fiscal year 2025, full schema

Trend over the years2 fiscal years
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20242025
Operating result-€0.04m--€0.01m▲ 61.7%
Net result-€0.04mbelow the sector's middle half--€0.02mbelow the sector's middle half▲ 57.8%
Equity€0.06mbelow the sector's middle half-€0.5mwithin the sector's middle half▲ 621%
Total assets€0.2mbelow the sector's middle half-€1.4mwithin the sector's middle half▲ 582%
Debt€0.1m-€0.9m▲ 565%
Working capital€0.1mwithin the sector's middle half-€0.3mwithin the sector's middle half▲ 236%
Solvency31.1%within the sector's middle half-32.9%within the sector's middle half▲ 1.8pp
Current ratio3.06within the sector's middle half-2.53within the sector's middle half▼ 0.53
Return on assets (ROA)-18.5%below the sector's middle half--1.1%below the sector's middle half▲ 17.3pp
above within below the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings.
Result and balance sheet2025
Result per fiscal year
Operating resultNet result
-€40,000-€30,000-€20,000-€10,000€0Operating result 2024: -€36,886-€36,886Net result 2024: -€37,237-€37,237Operating result 2025: -€14,126-€14,126Net result 2025: -€15,723-€15,72320242025-€40,000-€30,000-€20,000-€10,000€0Operating result 2024: -€36,886-€36,900Net result 2024: -€37,237-€37,200Operating result 2025: -€14,126-€14,100Net result 2025: -€15,723-€15,70020242025
The operating result stays negative: a loss of €14,126 in 2025 against €36,886 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.4m
Fixed assets €809,912 ▲ 1,507%
Current assets €565,255 ▲ 274%
Equity and liabilities €1.4m
Equity €452,383 ▲ 621%
Debt €922,784 ▲ 565%
Debt's share of the balance-sheet total falls from 68.9% to 67.1%. Equity and debt are higher.
Key figures and ratios2025
Key figures and ratios
2025 value · change against 2024
Debt to equity
2.04▼
2024 · 2.21
ROE
-3.5%▲
2024 · -59.3%
Debt ≤ 1 year
€223,430▲
2024 · €49,412
Debt > 1 year
€300,000
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 480 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 96% are still going.

  • Small
  • 2 to 5 years old
  • solvency 30% or more
  • a small loss
0.8% went bankrupt
3.1% stopped otherwise
96% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.8%
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 480 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.

Filed annual accountsfiscal year 2025
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet Code20242025
Assets
Total assets20/58€0.2m€1.4m▲
Fixed assets21/28€0.05m€0.8m▲
Tangible fixed assets22/27€0.02m€0.8m▲
Assets under construction and advance payments27€0.02m€0.8m▲
Financial fixed assets28€0.03m€0.03m=
Other financial fixed assets284/8€0.03m€0.03m=
Amounts receivable and cash guarantees285/8€0.03m€0.03m=
Current assets29/58€0.2m€0.6m▲
Stocks and contracts in progress3€0€0=
Amounts receivable within one year40/41€0.1m€0.3m▲
Trade receivables40€0.1m€0▼
Other amounts receivable41-€0.3m
Cash at bank and in hand54/58€0.04m€0.3m▲
Equity and liabilities
Total equity and liabilities10/49€0.2m€1.4m▲
Equity10/15€0.06m€0.5m▲
Contributions10/11€0.1m€0.1m=
Profit (loss) carried forward14-€0.04m-€0.05m▼
Investment grants15-€0.4m
Amounts payable17/49€0.1m€0.9m▲
Amounts payable after more than one year17-€0.3m
Financial debts170/4-€0.3m
Other loans174-€0.3m
Amounts payable within one year42/48€0.05m€0.2m▲
Trade debts44€0.04m€0.2m▲
Suppliers440/4€0.04m€0.2m▲
Taxes, remuneration and social security45€0.01m€0.01m▼
Taxes450/3€0.01m€0.01m▼
Accrued charges and deferred income492/3€0.09m€0.4m▲
Income statement Code20242025
Operating charges60/66A€0.04m€0.01m▼
Services and other goods61€0.04m€0.01m▼
Other operating charges640/8€426€128▼
Operating profit (loss)9901-€0.04m-€0.01m▲
Financial income75/76B-€419
Recurring financial income75-€419
Income from current assets751-€419
Financial charges65/66B€351€0.002m▲
Recurring financial charges65€351€0.002m▲
Debt charges650-€0.001m
Other financial charges652/9€351€0.001m▲
Profit (loss) for the period before taxes9903-€0.04m-€0.02m▲
Profit (loss) for the period9904-€0.04m-€0.02m▲
Profit (loss) for the period to be appropriated9905-€0.04m-€0.02m▲
Appropriation of the result
Profit (loss) to be appropriated9906-€0.04m-€0.05m▼
Profit (loss) brought forward from the previous period14P--€0.04m

The notes to these accounts (24 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Operating charges60/66A€36,886€14,126▼ 61.7%
Services and other goods61€36,460€13,998▼ 61.6%
Other operating charges640/8€426€128▼ 70.0%
Operating profit (loss)9901-€36,886-€14,126▲ 61.7%
Financial income75/76B-€419-
Recurring financial income75-€419-
Income from current assets751-€419-
Financial charges65/66B€351€2,015▲ 474%
Recurring financial charges65€351€2,015▲ 474%
Debt charges650-€1,337-
Other financial charges652/9€351€679▲ 93.2%
Profit (loss) for the period before taxes9903-€37,237-€15,723▲ 57.8%
Profit (loss) for the period9904-€37,237-€15,723▲ 57.8%
Profit (loss) for the period to be appropriated9905-€37,237-€15,723▲ 57.8%
Line20242025Change
Assets
Total assets20/58€0.2m€1.4m▲ 582%
Fixed assets21/28€0.05m€0.8m▲ 1,507%
Tangible fixed assets22/27€0.02m€0.8m▲ 3,798%
Assets under construction and advance payments27€0.02m€0.8m▲ 3,798%
Financial fixed assets28€0.03m€0.03m=
Other financial fixed assets284/8€0.03m€0.03m=
Amounts receivable and cash guarantees285/8€0.03m€0.03m=
Current assets29/58€0.2m€0.6m▲ 274%
Stocks and contracts in progress3€0€0-
Amounts receivable within one year40/41€0.1m€0.3m▲ 163%
Trade receivables40€0.1m€0▼ 100%
Other amounts receivable41-€0.3m-
Cash at bank and in hand54/58€0.04m€0.3m▲ 554%
Equity and liabilities
Total equity and liabilities10/49€0.2m€1.4m▲ 582%
Equity10/15€0.06m€0.5m▲ 621%
Contributions10/11€0.1m€0.1m=
Profit (loss) carried forward14-€0.04m-€0.05m▼ 42.2%
Investment grants15-€0.4m-
Amounts payable17/49€0.1m€0.9m▲ 565%
Amounts payable after more than one year17-€0.3m-
Financial debts170/4-€0.3m-
Other loans174-€0.3m-
Amounts payable within one year42/48€0.05m€0.2m▲ 352%
Trade debts44€0.04m€0.2m▲ 477%
Suppliers440/4€0.04m€0.2m▲ 477%
Taxes, remuneration and social security45€0.01m€0.01m▼ 16.8%
Taxes450/3€0.01m€0.01m▼ 16.8%
Accrued charges and deferred income492/3€0.09m€0.4m▲ 347%
Line20242025Change
Profit (loss) for the period9904-€37,237-€15,723▲ 57.8%
Operating cash flow (approximation)-€37,237-€15,723▲ 57.8%
Investment in fixed assets (approximation)--€759,511-
Change in cash-€238,450-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Comparable companies5

Similar companies · same sector, comparable size

Of 2,150 companies in this sector we hold annual accounts for 1,091. 716 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Board & ownership

Directors

Directors
No directors read yet: 0 of 1 Gazette act processed. See the function holders in the CBE →

Structure & network

Owners and holdings

2 owners

Owners 2

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No directors read yet: 0 of 1 Gazette act processed.

Timeline

3 eventsLatest 13-08-2026Next filing 31-07-2027

History

Kodij was incorporated on 18 April 2023 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

Acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
13-08
NBB filing Annual accounts filed
fiscal year 2025 · full schema · 13 days late
2025
31-12
Financial Equity above €200,000Eq €452,383 ▲621%
Equity rises from €62,763 to €452,383.
17-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Support & recognitions

1 funding sourceFlanders €405,343
Flemish government
€405,343
awarded · 2023 - 2025
Subsidies and aid1

Flemish government

2023 to 2025 · 2 entries · €405,343 awarded · €121,603 paid
Year Entries awardedpaid
2025 1 €0€121,603
2023 1 €405,343€0
Schemes
2 entries · €405,343 · €121,603 paid · Vlaams Energie- en Klimaatagentschap

Company details

Private limited company · founded 18-04-2023Year ends 31-12Peppol reachable1 site

Register details

Identification
Legal formPrivate limited company
Founded18-04-2023
Fiscal year end31-12
Activities, NACEBEL 2025
71209Other technical testing and analysis
35150Electricity, gas, steam and air conditioning supply
35230Electricity, gas, steam and air conditioning supply
66199Other activities auxiliary to financial services, excluding insurance and pension funding
71121Engineering and related technical consultancy, excluding land surveyors
74999Other professional, scientific and technical activities
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0800881686

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 1 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Sites & property

Location & real-estate footprint
Registered office, Kortrijk · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
12.1 ha
Building footprint
5.9 ha
Parcel 34001A0684/00D000, Flanders. Linked by address, not a title deed.
1 establishment unit
Kodij
LAR Blok Z (Aal) 5, 8511 KortrijkRepair and maintenance of electrical equipment
since 2023unit no. 2.344.570.271
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34001A0684/00D000 Flanders 12.1 ha 1 · 5.9 ha -
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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