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NeyCod Bouw

Active Private limited companyfounded 2022active for 4 yearsReibroekstraat 36A, 9940 EvergemKBO/BCE: BE 0786.233.203

Lifetime

4 annual accounts with figures on one time axis
peak €26,662 (2024)
-€2,062▼ €28,724
lowest -€2,762 (2025)
-€2,762▼ €23,630
peak €44,585 (2024)
€41,823▼ 6.2%
€17,271▼ 24.2%
Board2 names since 2022
2 directorsCODDENS Christof Alfons Arsène and 1 other
Documentsfilings and deeds
17-12-202545 days before the deadline
2025micro format
Gross margin from €26,662 to -€2,062Loss of €2,762Debts from €22,789 to €17,271

Key points

from the 2025 annual accounts

Filings

4 annual accounts since 2022
deadline2022202320242025

The last four annual accounts were filed 32 to 45 days before the end of the period.

Turnover not published (micro format)

Checked score

91
Excellent
Financially stronger than 56% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 26,625 companies (NACE 68, micro).

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.2%highest value 01-2025: 0.1%▼ -0.1 percentage points vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025lowest value 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.2%▲ +0.1 percentage points vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026

Financial strength
Strong

96+5equity 70.8% of total assets
87+2short-term debt 29.2% · cash 39.3%
26-74return on assets -4.7%

Score breakdown

raises risk
Size: total assets €59,094
lowers risk
Sector: Real estate activities (NACE 68)
Liquidity: current ratio 3.42, cash €23,249
Equity €41,823 (70.8% of total assets)
Calculation

The band follows from the bankruptcy probability. 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 (NACE 68, micro). It does better than 78% of them on solvency, 90% on liquidity, 23% on profitability and 32% on growth.

The bankruptcy probability was computed on 07-11-2026 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.

The probability rests on the annual accounts with balance sheet date 30-06-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 2,145 companies had the same profile as NeyCod Bouw has now. Each dot stands for 6 companies, two years later.

91.7%
were still trading
5.9%
stopped another way
2.2%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a small loss

Another 0.1% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of NeyCod Bouw itself is lower: 0.2% within 12 months. It rests on far more data about NeyCod Bouw than the profile alone.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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% 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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 2,145 companies, not a prediction for NeyCod Bouw. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €3,500 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 3.42 (2.96 in 2024), above the usual 1.5. Short-term debt is 29.2% and cash 39.3% of total assets. 29.2% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Sector: Real estate activities (NACE 68)
KBO
lowers risk · Liquidity: current ratio 3.42, cash €23,249
NBB · annual accounts
lowers risk · Equity €41,823 (70.8% of total assets)
NBB · annual accounts
raises risk · Size: total assets €59,094
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 17-12-2025, 45 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
45 days early
2024
32 days early
2023
42 days early
2022
34 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 38 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 24 December (4 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end08-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2022.
KBO publications

Board and ownership

CC
Director, since 16-05-2022
NG
Director, since 16-05-2022
  • NEYT Geert Maurits Irène 750 sharesdeed of 18-05-2022
  • CODDENS Christof Alfons Arsène 750 sharesdeed of 18-05-2022
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0786233203
Environmental permit granted Bouwen of herbouwen, Verwijderen van vrijstaande bijgebouwen, niet-overdekte lage constructies of andere beperkte handelingen, Verwijderen van vrijstaande gebouwen · Lievegem
Incorporation Founders: NEYT Geert Maurits Irène and CODDENS Christof Alfons Arsène · 1,500 shares · Appointments: NEYT Geert Maurits Irène (director) and CODDENS Christof Alfons Arsène (director) · published on 18-05-2022 · Gazette deed
First establishment Reibroekstraat 36A, Evergem
All 11 events

Comparable companies

same main activity, similar in size and age
Company
NeyCod Bouw Evergem €59,094 -€2,062 70.8% -
BT-Engineering Oudenaarde €68,924 -€7,597 53.5% -
KR Projects Bonheiden €55,698 -€570 46.1% -
Insieme Construct Staden €58,803 -€3,106 -20.5% -
A&R Groep Hasselt €64,630 -€22,941 -31.4% -
LEBBA Merchtem €52,911 -€3,411 95.8% 0
DEGRAEVE XAVIER Kortrijk €54,449 -€3,336 22.4% -

These companies have the same main activity as NeyCod Bouw: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €52,900 and €68,900, founded between 2021 and 2022.

Official details

Source: KBO
Status
Active since 16-05-2022Normal situation
Activity
Development of residential building projectsNACE 68121and 4 others
Establishment unit
2.331.261.6739940 Evergem, since 16-05-2022
Financial year end
30 June
Peppol
Reachable since 23-12-2025
Company details

Annual accounts to 30-06-2025

€59,094▼ 12.3%
Filing
Filed on 17-12-2025, 45 days before the end of the filing period
Financials

Insights on NeyCod Bouw

NeyCod Bouw files the micro format. That format states no turnover. The gross margin fell from -€1,906 in 2022 to -€2,062 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about NeyCod Bouw

What is the company number of NeyCod Bouw?
The company number of NeyCod Bouw is 0786.233.203. The VAT number is the same number with BE in front: BE 0786.233.203.
Where is NeyCod Bouw based?
The registered office is at Reibroekstraat 36A, 9940 Evergem.Company details
What does NeyCod Bouw do?
According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of NeyCod Bouw?
NeyCod Bouw is a private limited company (BV).
When was NeyCod Bouw founded?
NeyCod Bouw was founded on 16-05-2022.
Is NeyCod Bouw still active?
Yes, NeyCod Bouw is an active enterprise in the KBO register.
What is the turnover of NeyCod Bouw?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is NeyCod Bouw profitable?
In financial year 2025, NeyCod Bouw made a loss of €2,762.
Where can I find the annual accounts of NeyCod Bouw?
NeyCod Bouw filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of NeyCod Bouw due?
NeyCod Bouw must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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