ACTIVE

CODIVES

Financial year 2025 · closed on 31/12/2025
Net result
34,9 k €
+3.3% YoY
Gross margin
47,2 k €
+1.3% YoY
Equity
60,7 k €
-0.2% YoY

What does CODIVES do?

CODIVES is a Private limited company incorporated in 1988. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Wavre.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0433.446.676
Incorporation
11/02/1988
Legal form
Private limited company
Registered office
Boulevard de l'Europe 123
1300 Wavre · WallonieSee on map
Contributed capital
18 592,01 €
Latest accounts
31/12/2025
Joint committees (1)
  • 201
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin47,2 k €46,6 k €34,7 k €21,8 k €17,5 k €21,8 k €28,2 k €29 k €22,2 k €17,2 k €13,2 k €-1,3 k €-310,9 €7,7 k €-4,4 k €5 k €-7,3 k €-7,8 k €24,6 k €27,9 k €
EBITDA46,6 k €46 k €34,2 k €21,4 k €16,6 k €21,5 k €27,8 k €28,7 k €21,4 k €16,2 k €12,8 k €-1,5 k €-658,4 €7,4 k €-4,8 k €-1 k €-7,7 k €-8,6 k €21 k €10,9 k €
Operating result46,6 k €45,9 k €33,6 k €20,8 k €16,3 k €20,9 k €27 k €28,2 k €20,6 k €15,9 k €12,4 k €-1,5 k €-968,9 €90,4 €-12,2 k €-19,1 k €-31,3 k €-32,2 k €-8,6 k €-18,9 k €
Net result34,9 k €33,8 k €23,2 k €13,7 k €10,3 k €13,9 k €20,6 k €19,1 k €14,1 k €10,8 k €9,7 k €-1,7 k €-1,3 k €-354,3 €-11,9 k €-24,2 k €-33,7 k €-35,9 k €-10,7 k €-21,8 k €
Balance sheet
Equity60,7 k €60,8 k €38,6 k €34,3 k €20,6 k €10,3 k €-3,6 k €-24,3 k €-43,3 k €-57,5 k €-68,3 k €-78 k €-76,3 k €-75 k €-74,6 k €-62,7 k €-50,9 k €-17,2 k €18,7 k €29,4 k €
Total assets105,3 k €82,8 k €60,5 k €36,8 k €33,9 k €33 k €18 k €30,5 k €15,6 k €20,5 k €14,4 k €3,5 k €6,7 k €25,2 k €41,1 k €68,2 k €107,4 k €59,4 k €95,2 k €
Cash38,6 k €27,5 k €40,1 k €26,3 k €18,4 k €23,1 k €13,6 k €25 k €8,1 k €10,3 k €6,1 k €3,5 k €5,5 k €12,1 k €1,2 k €4,9 k €9,4 k €27,5 k €35,2 k €
Debts44,6 k €22 k €21,9 k €2,4 k €13,3 k €22,7 k €21,7 k €54,7 k €58,9 k €78 k €82,7 k €78 k €79,8 k €81,6 k €99,9 k €103,1 k €116,4 k €124,6 k €40,7 k €65,8 k €
Other
Workforce0,5 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 1 ended

Active mandates

YVES DE MARNIX

Manager · since 10 décembre 2014

Active

Ended mandates

CHARLES MONSIEUR DETAL

Manager

Ended
At this address

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0881.372.385
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G.M.P.Active
0448.821.176
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0457.855.935
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Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/06/202621/08/202522/08/202422/08/202323/08/202210/08/2021
General meeting26/06/202627/06/202528/06/202430/06/202324/06/202225/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202526/06/202629/06/2026FrenchPDF
Micro model31/12/202427/06/202521/08/2025FrenchPDF
Micro model31/12/202328/06/202422/08/2024FrenchPDF
Micro model31/12/202230/06/202322/08/2023FrenchPDF
Micro model31/12/202124/06/202223/08/2022FrenchPDF
Micro model31/12/202025/06/202110/08/2021FrenchPDF
Micro model31/12/201928/06/202014/08/2020FrenchPDF
Micro model31/12/201828/06/201909/08/2019FrenchPDF
Micro model31/12/201729/06/201820/08/2018FrenchPDF
Micro model31/12/201630/06/201716/08/2017FrenchPDF
Abridged model31/12/201524/06/201624/08/2016FrenchPDF
Abridged model31/12/201419/06/201518/08/2015FrenchPDF
Abridged model31/12/201320/06/201426/08/2014FrenchPDF
Abridged model31/12/201221/06/201326/08/2013FrenchPDF
Abridged model31/12/201115/06/201229/08/2012FrenchPDF
Abridged model31/12/201017/06/201130/08/2011FrenchPDF
Abridged model31/12/200918/06/201017/08/2010FrenchPDF
Abridged model31/12/200819/06/200913/08/2009FrenchPDF
Abridged model31/12/200720/06/200820/08/2008FrenchPDF
Abridged model31/12/200622/06/200730/08/2007FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 1 ended

Active mandates

YVES DE MARNIX

Manager · since 10 décembre 2014

Active

Ended mandates

CHARLES MONSIEUR DETAL

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office22/08/2024
    SIEGE SOCIAL
    PDF
  • Mandates20/06/2023
    MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates05/01/2015
    DENOMINATION - SIEGE SOCIAL - ADRESSE AUTRE QUE SIEGE SOCIAL - OBJET - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates02/04/2008
    DENOMINATION - SIEGE SOCIAL - OBJET - CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 202534,9 k €
  2. 2024
    Annual accounts 202433,8 k €
  3. 2023
    Annual accounts 202323,2 k €
  4. 2022
    Annual accounts 202213,7 k €
  5. 2021
    Annual accounts 202110,3 k €
  6. 2020
    Annual accounts 202013,9 k €
  7. 2019
    Annual accounts 201920,6 k €
  8. 2018
    Annual accounts 201819,1 k €
  9. 2017
    Annual accounts 201714,1 k €
  10. 2016
    Annual accounts 201610,8 k €
  11. 2015
    Annual accounts 20159,7 k €
  12. 2014
    Annual accounts 2014-1,7 k €
  13. 2013
    Annual accounts 2013-1,3 k €
  14. 2012
    Annual accounts 2012-354,3 €
  15. 2011
    Annual accounts 2011-11,9 k €
  16. 2010
    Annual accounts 2010-24,2 k €
  17. 2009
    Annual accounts 2009-33,7 k €
  18. 2008
    Annual accounts 2008-35,9 k €
  19. 2007
    Annual accounts 2007-10,7 k €
  20. 2006
    Annual accounts 2006-21,8 k €
  21. 11/02/1988
    IncorporationPrivate limited company