Matthieu de Codt
ActiveSummary
Matthieu de Codt has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €247,434 and a net result of €81,176. Equity is growing by about 68% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
- Equity
- €247,434
- Profit
- €81,176
Why 89raises riskFounded in 2023lowers riskSize: total assets €273,072Liquidity: current ratio 10.47, cash €41,468Equity €247,434 (90.6% of total assets)Show the evidence
Checked score
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro): better than 81% on solvency, 65% on liquidity, 90% on profitability and 86% on growth.
The bankruptcy probability was computed on 30-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 3 accounts on average 61 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Liquidity more than doubledcurrent ratio 10.47
- Equity above €200,000equity €247,434 ▲48.8%
Financials · financial year 2025, micro format
2023 to 2025, 3 financial years
The operating result falls in 2025; 2025 is 47% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
Peer companies
Historical observationOf the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.9% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 0.9% |
| 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 74.5% 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 39,278 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.
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €37 | €256 | €408 | ▲ 59.5% |
| Other operating charges640/8 | €13 | €28 | €29 | ▲ 4.7% |
| Gross operating margin9900 | €24,989 | €188,907 | €99,789 | ▼ 47.2% |
| Operating profit (loss)9901 | €24,938 | €188,624 | €99,352 | ▼ 47.3% |
| Financial income75/76B | - | €626 | €3,186 | ▲ 409% |
| Recurring financial income75 | - | €626 | €3,186 | ▲ 409% |
| Financial charges65/66B | €202 | €159 | €150 | ▼ 5.4% |
| Recurring financial charges65 | €202 | €159 | €150 | ▼ 5.4% |
| Profit (loss) for the period before taxes9903 | €24,737 | €189,092 | €102,388 | ▼ 45.9% |
| Income taxes67/77 | €5,035 | €42,843 | €21,212 | ▼ 50.5% |
| Profit (loss) for the period9904 | €19,701 | €146,249 | €81,176 | ▼ 44.5% |
| Profit (loss) for the period to be appropriated9905 | €19,701 | €146,249 | €81,176 | ▼ 44.5% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €37,102 | €214,375 | €273,072 | ▲ 27.4% |
| Fixed assets21/28 | €2,522 | €2,266 | €4,548 | ▲ 101% |
| Tangible fixed assets22/27 | €2,522 | €2,266 | €4,548 | ▲ 101% |
| Furniture and vehicles24 | - | - | €2,537 | - |
| Other tangible fixed assets26 | €2,522 | €2,266 | €2,010 | ▼ 11.3% |
| Current assets29/58 | €34,580 | €212,109 | €268,525 | ▲ 26.6% |
| Amounts receivable within one year40/41 | €21,841 | €162,337 | €146,623 | ▼ 9.7% |
| Trade receivables40 | €21,841 | €104,826 | €89,626 | ▼ 14.5% |
| Other amounts receivable41 | - | €57,511 | €56,997 | ▼ 0.9% |
| Current investments50/53 | - | - | €80,000 | - |
| Cash at bank and in hand54/58 | €10,898 | €45,577 | €41,468 | ▼ 9.0% |
| Deferred charges and accrued income490/1 | €1,841 | €4,195 | €434 | ▼ 89.7% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €37,102 | €214,375 | €273,072 | ▲ 27.4% |
| Equity10/15 | €20,868 | €166,258 | €247,434 | ▲ 48.8% |
| Contributions10/11 | €2,000 | €2,000 | €2,000 | = |
| Profit (loss) carried forward14 | €18,868 | €164,258 | €245,434 | ▲ 49.4% |
| Amounts payable17/49 | €16,234 | €48,117 | €25,638 | ▼ 46.7% |
| Amounts payable within one year42/48 | €16,234 | €48,117 | €25,638 | ▼ 46.7% |
| Financial debts43 | - | - | €12 | - |
| Credit institutions430/8 | - | - | €12 | - |
| Trade debts44 | €1,237 | €65 | €64 | ▼ 1.4% |
| Suppliers440/4 | €1,237 | €65 | €64 | ▼ 1.4% |
| Taxes, remuneration and social security45 | €8,485 | €47,193 | €25,562 | ▼ 45.8% |
| Taxes450/3 | €8,485 | €47,193 | €25,562 | ▼ 45.8% |
| Other amounts payable47/48 | €6,511 | €859 | €0 | ▼ 100% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €19,701 | €146,249 | €81,176 | ▼ 44.5% |
| + Depreciation and write-downs630 | €37 | €256 | €408 | ▲ 59.5% |
| Operating cash flow (approximation) | €19,739 | €146,505 | €81,584 | ▼ 44.3% |
| Investment in fixed assets (approximation) | - | €0 | -€2,690 | - |
| Change in cash | - | €34,679 | -€4,109 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (3)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 28-05-2026 | 2026-00123327 |
| 31-12-2024 | micro format | 27-06-2025 | 2025-00202611 |
| 31-12-2023 | micro format | 07-05-2024 | 2024-00085796 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| de CODT Matthieu Philippe Valentin Gabriel Marie Ghislain |
|
Owners and capital
Capital and shareholders
- de CODT Matthieu Philippe Valentin Gabriel Marie Ghislain 100 shares (100%) · €2,000 in cash
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 28-06-2023 Incorporation · €2,000 · 100 shares
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Matthieu de Codt was incorporated on 26 June 2023 as a private limited company by one natural person, with a starting capital of €2,000.12 Since 2023, de CODT Matthieu Philippe Valentin Gabriel Marie Ghislain has served as director of the company.2 Total assets rose from €37,102 in 2023 to €273,072 in 2025.3
Acts, filings and financial milestones
28-06
Gazette deed
IncorporationAppointment: de CODT Matthieu Philippe Valentin Gabriel Marie Ghislain (director) · Founder · Shareholding9 facts ▸
- Incorporation, 23-06-2023
- Founder, de CODT Matthieu Philippe Valentin Gabriel Marie Ghislain
- Shareholding, 23-06-2023, 100
- Founding capital, €2,000
- General meeting, “unanimité, conformément à la loi” (deed in French)
- Registered office clause, “5100 Namur, avenue de la Citadelle”, 60 (deed in French)
- Board rule, 1
- Director appointment, de CODT Matthieu Philippe Valentin Gabriel Marie Ghislain (director (not named in the articles))
- Pre-incorporation commitments, “takeover, tous les engagements ainsi que les obligations qui en résultent et toutes les activités entreprises par l'un ou l'autre des comparants au nom et pour…” (deed in French)
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 92322G0713/00C000 | Wallonia | 259 m² | 1 · 85 m² | 10.6 m · 3 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “En assurant la gestion d'un centre médical ou d'un cabinet médical,en ce compris l'acquisition,la location et l'entretien du matériel…” (deed in French)
2 activities (deed in French)
- En assurant la gestion d'un centre médical ou d'un cabinet médical,en ce compris l'acquisition,la location et l'entretien du matériel médical et des biens d'équipement,la facturation et la perception d'honoraires médicaux,la mise à disposition de tout ce qui est nécessaire à la pratique de l'art de guérir
- En assurant la défense des intérêts professionnels,moraux et matériels des médecins travaillant dans le cadre de la société
- Name clauseThe name the company operates under according to its articles.
- Matthieu de Codt
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Un ou plusieurs administrateur-médecins, administrateurs restants peuvent coopter si organe collégial et place vacante avant fin du mandat” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Friday of June at 18:00
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor