KODOKI
ActiveSummary
The annual accounts of KODOKI for fiscal year 2025 show a net loss of 128% of total assets and of 68% of the equity at the start of that year. The 2025 annual accounts show equity of €6,224 and a net result of -€13,088. Equity is shrinking by ~10.4% per year across the filed fiscal years. Its solvency ranks better than 73% of 10485 sector peers (fiscal year 2025). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-77
Solvency86▼-14
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 2.41 against 6.91 in 2024; short-term debt: 32.8% and cash: 27.8% of total assets), and 39.2% 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 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
60.8%
Return on assets
-127.8%
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 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
23 d early
2024
23 d early
2023
57 d early
2022
13 d early
2021
23 d early
2020
24 d early
2019
1 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 23 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% 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 monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€13,088
2024 · €1,538
Working capital
€4,721▼ 75.6%
2024 · €19,313
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€2,642▼ 317%-€6,830▼ 159%-€2,398▲ 64.9%€1,584-€13,144
Net result-€2,714-€6,903▼ 154%-€2,440▲ 64.7%€1,538-€13,088
Equity€27,117▼ 9.1%€20,215▼ 25.5%€17,775▼ 12.1%€19,313▲ 8.7%€6,224▼ 67.8%
Total assets€29,302▼ 10.3%€22,732▼ 22.4%€22,158▼ 2.5%€22,581▲ 1.9%€10,243▼ 54.6%
Debt€2,185▼ 22.8%€2,518▲ 15.2%€4,383▲ 74.1%€3,268▼ 25.4%€4,018▲ 22.9%
Working capital€7,313▼ 75.5%€8,690▲ 18.8%€14,529▲ 67.2%€19,313▲ 32.9%€4,721▼ 75.6%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €13,144 after €1,584 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €10,243
Fixed assets
€2,163
Current assets
€8,079
Equity and liabilities €10,243
Equity
€6,224 ▼ 67.8%
Debt
€4,018 ▲ 22.9%
Debt's share of the balance-sheet total rises from 14.5% to 39.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€12,275▼
2024 · €4,830
Cash flow
-€12,219▼
2024 · €4,784
Current ratio
2.41▼
2024 · 6.91
Debt to equity
0.65▲
2024 · 0.17
ROE
-210.3%▼
2024 · 8.0%
ROA
-127.8%▼
2024 · 6.8%
Interest coverage
-130.32▼
2024 · 103.88
Debt ≤ 1 year
€3,358▲
2024 · €3,268
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 4,815 companies that looked in July 2024 the way this one looks now, 1.9% went bankrupt within 24 months and 88% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
1.9%
went bankrupt
9.9%
stopped otherwise
88%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.2% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 4,815 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 | €5,036 | €8,279 | €8,279 | €3,246 | €870 | ▼ 73.2% |
| Other operating charges640/8 | €348 | €348 | €384 | €387 | €400 | ▲ 3.2% |
| Gross operating margin9900 | €2,741 | €1,797 | €6,266 | €5,218 | -€11,875 | ▼ 328% |
| Operating profit (loss)9901 | -€2,642 | -€6,830 | -€2,398 | €1,584 | -€13,144 | ▼ 930% |
| Financial income75/76B | - | - | - | - | €150 | - |
| Recurring financial income75 | - | - | - | - | €150 | - |
| Financial charges65/66B | €72 | €73 | €42 | €47 | €94 | ▲ 103% |
| Recurring financial charges65 | €72 | €73 | €42 | €47 | €94 | ▲ 103% |
| Profit (loss) for the period before taxes9903 | -€2,714 | -€6,903 | -€2,440 | €1,538 | -€13,088 | ▼ 951% |
| Profit (loss) for the period9904 | -€2,714 | -€6,903 | -€2,440 | €1,538 | -€13,088 | ▼ 951% |
| Profit (loss) for the period to be appropriated9905 | -€2,714 | -€6,903 | -€2,440 | €1,538 | -€13,088 | ▼ 951% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €29,302 | €22,732 | €22,158 | €22,581 | €10,243 | ▼ 54.6% |
| Fixed assets21/28 | €19,804 | €11,525 | €3,246 | - | €2,163 | - |
| Intangible fixed assets21 | - | - | - | - | €2,163 | - |
| Tangible fixed assets22/27 | €19,804 | €11,525 | €3,246 | - | - | - |
| Plant, machinery and equipment23 | €19,804 | €11,525 | €3,246 | - | - | - |
| Current assets29/58 | €9,498 | €11,207 | €18,912 | €22,581 | €8,079 | ▼ 64.2% |
| Amounts receivable within one year40/41 | - | €189 | €8,494 | €7,018 | €5,232 | ▼ 25.4% |
| Trade receivables40 | - | - | €8,494 | €7,018 | €4,634 | ▼ 34.0% |
| Other amounts receivable41 | - | €189 | - | - | €598 | - |
| Cash at bank and in hand54/58 | €9,498 | €11,018 | €10,418 | €15,563 | €2,847 | ▼ 81.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €29,302 | €22,732 | €22,158 | €22,581 | €10,243 | ▼ 54.6% |
| Equity10/15 | €27,117 | €20,215 | €17,775 | €19,313 | €6,224 | ▼ 67.8% |
| Contributions10/11 | €30,000 | €30,000 | €30,000 | €30,000 | €30,000 | = |
| Profit (loss) carried forward14 | -€2,883 | -€9,785 | -€12,225 | -€10,687 | -€23,776 | ▼ 122% |
| Amounts payable17/49 | €2,185 | €2,518 | €4,383 | €3,268 | €4,018 | ▲ 22.9% |
| Amounts payable within one year42/48 | €2,185 | €2,518 | €4,383 | €3,268 | €3,358 | ▲ 2.7% |
| Trade debts44 | €24 | €363 | €894 | - | €1,203 | - |
| Suppliers440/4 | €24 | €363 | €894 | - | €1,203 | - |
| Taxes, remuneration and social security45 | €6 | - | €1,334 | €1,114 | - | - |
| Taxes450/3 | €6 | - | €1,334 | €1,114 | - | - |
| Other amounts payable47/48 | €2,155 | €2,155 | €2,155 | €2,155 | €2,155 | = |
| Accrued charges and deferred income492/3 | - | - | - | - | €660 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,714 | -€6,903 | -€2,440 | €1,538 | -€13,088 | ▼ 951% |
| + Depreciation and write-downs630 | €5,036 | €8,279 | €8,279 | €3,246 | €870 | ▼ 73.2% |
| Operating cash flow (approximation) | €2,322 | €1,377 | €5,840 | €4,784 | -€12,219 | ▼ 355% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - | - | - |
| Change in cash | - | €1,520 | -€601 | €5,146 | -€12,716 | ▼ 347% |
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
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet -€13,088
Net result drops to -€13,088, the lowest in the series.
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €1,538
Net result €1,538 after 3 loss-making years.
04-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
18-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
07-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity times 7current ratio 11.54
Current ratio from 1.73 to 11.54; short-term debt falls from €38,673 to €2,829.
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €19,393
Net result €19,393 after one loss-making year.
11-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
20-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-06
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 2 acts read
About the unread acts
We know of 2 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
2 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, Seneffe · 1 establishment unit since 2012
Ground area
2.3 ha
Building footprint
142 m²
Volume, LiDAR
1,318 m³
2 parcels, Wallonia · tallest building 11.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
LED 1 S
since 20122.212.131.619
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52063D0087/00H000 | Wallonia | 2.3 ha | - | - |
| 52062D0101/00W000 | Wallonia | 141 m² | 1 · 142 m² | 11.5 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 12,956 companies in sector 47120 we hold annual accounts for 2,192. 1,062 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
Founded16-08-2012
Fiscal year end31-12
Activities, NACEBEL 2025
47120Other non-specialised retail sale
46190Agents in non-specialised wholesale trade
46900Non-specialised wholesale trade
47279Other retail sale of food
E-invoicing
Reachable via Peppol
Peppol ID
0208:0848045561
Registered
26-03-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.