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VAN PARIJS - CODDENS

Active
Private limited companyfounded 1997active for 28 yearsLostraat 18, 9880 Aalter, BelgiumKBO/BCE: BE 0462.321.103
Summary

The annual accounts of VAN PARIJS - CODDENS for financial year 2025 show a net loss of 53% of the equity at the start of that year. The 2025 annual accounts show equity of €53,619 and a net result of -€60,705. Equity is growing by about 5.2% per year across the filed financial years. Its solvency ranks better than 36% of 5,676 sector peers (NACE 96, financial year 2025). The company has been active since 1997 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Activity
Funeral services
NACE 96301
7th oldest company in Aalter, Other services sector2 sites
Size
≈ €180,000turnover 2025, estimated
Staff
1 FTE
Equity
€53,619
Loss
-€60,705
Turnover estimated from the gross margin
Financial health
54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.8%
Structure
2025 accounts filed 11 days late3 of 4 deeds summarised
Why 54raises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLoss of €60,705, the second in a row (financial year 2025)Equity €53,619 (9.7% of total assets)lowers riskSize: total assets €552,339Founded in 1997Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 23% of its sector peers (NACE 96, micro)
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 35-8
equity 9.7% of total assets
Liquidity 31-14
short-term debt 43.1% · cash 1.3%
Profitability 5-37
return on assets -11.0%
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (7,615 companies, NACE 96, micro)
Last 24 months 11-2024: 0.5% 12-2024: 0.5%● unchanged vs 11-2024 01-2025: 0.5%● unchanged vs 12-2024 02-2025: 0.5%● unchanged vs 01-2025 03-2025: 0.5%● unchanged vs 02-2025 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.7%▲ +0.2 percentage points vs 06-2025 08-2025: 1.3%▲ +0.6 percentage points vs 07-2025highest value 09-2025: 0.1%▼ -1.2 percentage points vs 08-2025lowest value 10-2025: 0.1%● unchanged vs 09-2025lowest value 11-2025: 0.1%● unchanged vs 10-2025lowest value 12-2025: 0.1%● unchanged vs 11-2025lowest value 01-2026: 0.1%● unchanged vs 12-2025lowest value 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.2%▲ +0.1 percentage points vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.6%▲ +0.4 percentage points vs 07-2026 09-2026: 0.8%▲ +0.2 percentage points vs 08-2026 10-2026: 0.8%● unchanged vs 09-2026
Credit of up to €2,500 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity insufficient (current ratio 0.14, compared with 0.31 in 2024, below 1; short-term debt: 43.1% and cash: 1.3% of total assets), and 90.3% of the assets are financed with debt and provisions.
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 (NACE 96, micro): better than 36% on solvency, 24% on liquidity, 19% on profitability and 13% on growth.

The bankruptcy probability was computed on 27-10-2026 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

Six signals.
lowers riskraises risk
raises risk · Loss of €60,705, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Size: total assets €552,339
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Equity €53,619 (9.7% of total assets)
NBB · annual accounts
lowers risk · Founded in 1997
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€60,705
raises risk · 2025 accounts filed 11 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-08-2026, 11 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
11 days late
2024
28 days late
2023
28 days late
2022
30 days late
2021
22 days late
2020
31 days late
2019
61 days late
← 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 30 days after the deadline; the sector median (NACE 96) for financial year 2024 is on the deadline day, and 48% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
28-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Weakest financial yearnet -€60,705
  3. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Caution: Among the weakest 5% on net resultsector median €2,806 · 5,683 companies -€60,705 View
  • Caution: Equity fell in 2025from €114,324 to €53,619 ▼ 53.1% View
  • Caution: 2 loss-making years in a rowloss financial year 2025 -€60,705 View

By topic

Financials

Financial year
2025
Total assets
€552,339
Loss
-€60,705
Solvency
9.7%
Total assets▼ 11.4%
Net result
20182025
Go to Financials

Timeline

Events
35
Since
1999
Next accounts
by 31-07-2027
  1. 22-01-2025Capital & shares · Restructuring
  2. 14-11-2024Restructuring
  3. 28-08-2024Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Private limited company
Activity
Funeral servicesNACE 96301
Founded
31-12-1997
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
21
Who signs
Each director alone
Annual meeting
Second Tuesday of May at 20:00
Purpose
“Het verrichten,het uitbaten en organiseren van personenvervoer als…” (deed in Dutch)
Go to Articles of association

Key facts about VAN PARIJS - CODDENS

What is the company number of VAN PARIJS - CODDENS?
0462.321.103. In Belgium the VAT number is the company number with BE in front: BE 0462.321.103.
Where is VAN PARIJS - CODDENS based?
The registered office is at Lostraat 18, 9880 Aalter.Company details
What does VAN PARIJS - CODDENS do?
According to the KBO register, the main activity is funeral services (NACE 96301).
What is the legal form of VAN PARIJS - CODDENS?
Private limited company (BV).
When was VAN PARIJS - CODDENS founded?
On 31-12-1997.
Is VAN PARIJS - CODDENS still active?
Yes, VAN PARIJS - CODDENS is an active enterprise in the KBO register.
How many employees does VAN PARIJS - CODDENS have?
On average 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of VAN PARIJS - CODDENS?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is VAN PARIJS - CODDENS profitable?
In financial year 2025, VAN PARIJS - CODDENS made a loss of €60,705.
Where can I find the annual accounts of VAN PARIJS - CODDENS?
VAN PARIJS - CODDENS filed 28 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VAN PARIJS - CODDENS due?
By 31-07-2027, for financial year 2026.Timeline

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