NORMAL SITUATION

CODRICO

Company — Normal situation.

Financial year 2024 · Closed on 31/12/2024

Net result-28 k €-175,8 %over 1 year
Revenue3,3 k €-97,8 %over 1 year
Equity111,6 k €-20,0 %over 1 year

Identity

Source · BCE/KBO

CODRICO is a company registered in Belgium.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0426.913.826
Legal form
Public limited company
Contributed capital
125 000,00 €
Latest accounts
31/12/2024
Signals
Solid equityGood liquidity

Financials

Source · NBB, 40 filings

Trend over 18 financial years

20242023202220212020
Income statement
Revenue3,3 k €149,3 k €121,6 k €91,8 k €89,1 k €
EBITDA-16,9 k €43,7 k €27,5 k €38,2 k €21,5 k €
Operating result-33,8 k €43,7 k €30,3 k €38,2 k €13,6 k €
Net result-28 k €36,9 k €23,1 k €28,2 k €11 k €
Balance sheet
Equity111,6 k €139,6 k €139,5 k €139,3 k €139,1 k €
Total assets134,5 k €199,3 k €186,5 k €191,5 k €170 k €
Cash2,6 k €26,6 k €8,8 k €114 €588 €
Debts3,3 k €59,7 k €46,9 k €52,1 k €30,9 k €

Board of directors

Source · NBB, accounts to 31/12/2024

3 active · 14 ended

Active mandates

Dirk Lambrecht

Director · since 20 juin 2024 · until 30 mai 2028

Active
Frédéric van der Kelen

Managing director · since 27 juillet 2023 · until 18 février 2025

Active
Baudouin van der Kelen

Director · since 31 octobre 2022 · until 30 mai 2028

Active

Ended mandates

Frédéric van der Kelen

Managing director · since 27 juillet 2023 · until 26 mai 2026

Ended
François Monfils

Director · since 09 mai 2017 · until 09 mai 2023

Ended
François Monfils

Director · since 09 mai 2017 · until 27 juillet 2023

Ended
Frédéric van der Kelen

Managing director · since 09 mai 2017 · until 09 mai 2023

Ended

Full financial information

Source · NBB
202420232022202120202019
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date19/08/202521/06/202404/08/202330/08/202230/06/202130/08/2020
General meeting30/06/202520/06/202427/07/202329/08/202229/06/202131/07/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 40 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202430/06/202519/08/2025DutchPDF
Full model31/12/202320/06/202421/06/2024DutchPDF
Full model31/12/202227/07/202304/08/2023DutchPDF
Full model31/12/202129/08/202230/08/2022DutchPDF
Full model31/12/202029/06/202130/06/2021DutchPDF
Full model31/12/201931/07/202030/08/2020DutchPDF
Full model31/12/201811/06/201911/07/2019DutchPDF
Full model31/12/201729/05/201805/07/2018DutchPDF
Full model31/12/201609/05/201704/07/2017DutchPDF
Full model31/12/201510/05/201617/10/2016DutchPDF
Full model31/12/201412/05/201517/07/2015DutchPDF
Full modelCorrection31/12/201313/05/201423/06/2015DutchPDF
Full model31/12/201313/05/201427/08/2014DutchPDF
Full model31/12/201214/05/201303/07/2013DutchPDF
Full model31/12/201108/05/201213/08/2012DutchPDF
Full model31/12/201010/05/201120/07/2011DutchPDF
Full model31/12/200911/05/201012/07/2010DutchPDF
Full model31/12/200812/05/200929/06/2009DutchPDF
Full model31/12/200713/05/200829/08/2008DutchPDF
Full model31/12/200608/05/200726/09/2007DutchPDF
Full model31/12/200509/05/200604/07/2006DutchPDF
Full model31/12/200410/05/200503/10/2005DutchPDF
Full model31/12/200311/05/200421/10/2004DutchPDF
Full model31/12/200213/05/200322/10/2003DutchPDF
Full model31/12/200008/05/200124/07/2001DutchPDF
Full model31/12/199909/05/200005/09/2000DutchPDF
Full model31/12/199811/05/199907/07/1999DutchPDF
Full model31/12/199712/05/199830/06/1998Dutch—
Full model31/12/199613/05/199701/07/1997Dutch—
Full model31/12/199514/05/199628/06/1996Dutch—
Full model31/12/199409/05/199515/09/1995Dutch—
Full model31/12/199310/05/199401/07/1994Dutch—
Full model31/12/199206/05/199322/06/1993Dutch—
Full model31/12/199112/05/199218/06/1992Dutch—
Full model31/12/199014/05/199123/05/1991Dutch—
Full model31/12/198908/05/199012/07/1990Dutch—
Full model31/12/198809/05/198929/06/1989Dutch—
Full model31/12/198710/05/198822/06/1988Dutch—
Full model31/12/198612/05/198701/07/1987Dutch—
Full model31/12/198513/05/198605/06/1986Dutch—

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2024

3 active · 14 ended

Active mandates

Dirk Lambrecht

Director · since 20 juin 2024 · until 30 mai 2028

Active
Frédéric van der Kelen

Managing director · since 27 juillet 2023 · until 18 février 2025

Active
Baudouin van der Kelen

Director · since 31 octobre 2022 · until 30 mai 2028

Active

Ended mandates

Frédéric van der Kelen

Managing director · since 27 juillet 2023 · until 26 mai 2026

Ended
François Monfils

Director · since 09 mai 2017 · until 09 mai 2023

Ended
François Monfils

Director · since 09 mai 2017 · until 27 juillet 2023

Ended
Frédéric van der Kelen

Managing director · since 09 mai 2017 · until 09 mai 2023

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Dissolution04/05/2026
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ... - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring31/12/2025
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates13/01/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/01/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/08/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/12/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/10/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/07/2013
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2024
    Annual accounts 2024-28 k €↓
  2. 2023
    Annual accounts 202336,9 k €↑
  3. 2022
    Annual accounts 202223,1 k €↓
  4. 2021
    Annual accounts 202128,2 k €↑
  5. 2020
    Annual accounts 202011 k €↓
  6. 2019
    Annual accounts 201918,7 k €↓
  7. 2018
    Annual accounts 201828,3 k €↑
  8. 2017
    Annual accounts 201724 k €↓
  9. 2016
    Annual accounts 201631,1 k €↑
  10. 2015
    Annual accounts 201511,7 k €↓
  11. 2014
    Annual accounts 201434,8 k €↓
  12. 2013
    Annual accounts 201355 k €↑
  13. 2012
    Annual accounts 201252,6 k €↑
  14. 2011
    Annual accounts 201129,4 k €↑
  15. 2010
    Annual accounts 201028,7 k €↓
  16. 2009
    Annual accounts 2009122,9 k €↑
  17. 2008
    Annual accounts 2008104,3 k €↑
  18. 2006
    Annual accounts 2006-54,1 k €