ACTIVE

CODIT

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Financial year 2025 · closed on 31/12/2025

Net result

-3,2 k €

-100.6% YoY

Revenue

14,4 M €

+6.1% YoY

Equity

3,8 M €

-0.1% YoY

Workforce

54,1 ETP

-12.6% YoY

What does CODIT do?

CODIT is a Private company with limited liability incorporated in 2000. Its registered office is in Gent. It employs on average 54,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0471.349.823

Incorporation

03/03/2000

Legal form

Private company with limited liability

Registered office

Gaston Crommenlaan 14 box 301
9050 Gent · FlandreSee on map

Contributed capital

18 750,00 €

Latest accounts

31/12/2025

Average workforce

54,1 ETP

Joint committees (3)

200
20000
218

Signals

Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	14,4 M €	+6.1%	13,5 M €	-0.0%	13,5 M €	+7.3%	12,6 M €	-18.6%	15,5 M €	+37.0%	11,3 M €	+10.4%	10,2 M €	-8.4%	11,2 M €		–		–		–		–		–		3,5 M €	+29.5%	2,7 M €	+8.4%	2,5 M €	+2.8%	2,5 M €	+14.2%	2,2 M €	+68.8%	1,3 M €	+2.0%	1,2 M €
EBITDA	190,7 k €	-77.3%	842,0 k €	-55.1%	1,9 M €	+12.6%	1,7 M €	-53.4%	3,6 M €	+28.1%	2,8 M €	+14.1%	2,4 M €	-40.3%	4,1 M €	+3.3%	4,0 M €	+90.6%	2,1 M €	+40.2%	1,5 M €	+59.6%	930,9 k €	-12.1%	1,1 M €	+42.4%	743,5 k €	+100%	371,2 k €	-21.3%	471,4 k €	+10.9%	425,0 k €	+20.6%	352,5 k €	+232%	106,3 k €	-22.5%	137,2 k €
Operating result	95,4 k €	-86.9%	729,8 k €	-59.4%	1,8 M €	+10.6%	1,6 M €	-40.2%	2,7 M €	+0.7%	2,7 M €	+13.9%	2,4 M €	-41.1%	4,0 M €	+3.4%	3,9 M €	+94.1%	2,0 M €	+38.8%	1,4 M €	+58.1%	912,1 k €	-11.6%	1,0 M €	+45.3%	710,0 k €	+115%	329,5 k €	-25.0%	439,4 k €	+15.2%	381,3 k €	+23.5%	308,7 k €	+360%	67,1 k €	-34.5%	102,4 k €
Net result	-3,2 k €	-101%	516,4 k €	-60.8%	1,3 M €	+15.8%	1,1 M €	-35.5%	1,8 M €	-11.4%	2,0 M €	+4.1%	1,9 M €	-31.7%	2,8 M €	-0.1%	2,8 M €	+125%	1,3 M €	+3.0%	1,2 M €	+35.8%	894,4 k €	-60.1%	2,2 M €	+258%	625,7 k €	+128%	274,0 k €	-22.7%	354,6 k €	+14.8%	308,8 k €	+40.6%	219,6 k €	+459%	-61,1 k €	-204%	58,6 k €
Balance sheet
Equity	3,8 M €	-0.1%	3,8 M €	+15.8%	3,3 M €	+67.9%	1,9 M €	+6.5%	1,8 M €	+17.1%	1,6 M €	+395%	314,7 k €	-96.1%	8,1 M €	+52.5%	5,3 M €	+51.2%	3,5 M €	+54.8%	2,3 M €	+19.0%	1,9 M €	+2.4%	1,9 M €	+72.4%	1,1 M €	+8.6%	1,0 M €	+3.5%	966,7 k €	+0.5%	962,1 k €	+0.9%	953,3 k €	+255%	268,6 k €	-18.5%	329,7 k €
Total assets	6,2 M €	+12.6%	5,5 M €	-0.9%	5,5 M €	+20.7%	4,6 M €	-11.5%	5,2 M €	+23.1%	4,2 M €	-64.0%	11,7 M €	+4.5%	11,2 M €	+20.4%	9,3 M €	+23.6%	7,5 M €	+71.6%	4,4 M €	+4.1%	4,2 M €	+4.0%	4,0 M €	+59.5%	2,5 M €	+52.1%	1,7 M €	-2.7%	1,7 M €	+9.9%	1,6 M €	-4.4%	1,6 M €	+130%	706,9 k €	+11.7%	632,9 k €
Cash	3,1 M €	+104363%	3,0 k €	+4484%	64,4 €	-96.8%	2,0 k €	-83.4%	11,9 k €	-97.2%	433,5 k €	+190%	149,7 k €	-74.3%	582,3 k €	-23.4%	759,9 k €	+16.8%	650,3 k €	-22.9%	843,2 k €	-38.6%	1,4 M €	-5.1%	1,4 M €	+86.2%	777,3 k €	+64.8%	471,6 k €	-6.2%	503,0 k €	+27.0%	396,2 k €	+162%	151,0 k €	-44.2%	270,5 k €	+175%	98,2 k €
Debts	2,3 M €	+57.4%	1,4 M €	-30.2%	2,1 M €	-13.3%	2,4 M €	-18.6%	2,9 M €	+30.3%	2,2 M €	-79.6%	11,0 M €	+313%	2,7 M €	-28.2%	3,7 M €	-1.7%	3,8 M €	+88.8%	2,0 M €	-12.0%	2,3 M €	+6.8%	2,1 M €	+49.4%	1,4 M €	+116%	661,9 k €	-10.9%	742,8 k €	+25.0%	594,0 k €	-11.9%	673,9 k €	+53.8%	438,1 k €	+44.7%	302,8 k €
Other
Workforce	54,1 ETP	-12.6%	61,9 ETP	+9.4%	56,6 ETP	-1.0%	57,2 ETP	-7.3%	61,7 ETP	+26.2%	48,9 ETP	-5.2%	51,6 ETP	+4.7%	49,3 ETP	-6.1%	52,5 ETP	+22.1%	43,0 ETP	+36.1%	31,6 ETP	+10.5%	28,6 ETP	+10.0%	26,0 ETP	+14.0%	22,8 ETP	+0.9%	22,6 ETP	+28.4%	17,6 ETP	+2.3%	17,2 ETP	+4.2%	16,5 ETP	+66.7%	9,9 ETP	+70.7%	5,8 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 21 ended

Active mandates

Leo Eelen

Director · since 02 septembre 2024

Active

Codit holding

Director · 0662.946.401

Represented by Yashfeen Saiyid

Active

Ended mandates

Frédéric Lhostte

Director · since 22 février 2021

Ended

Nathalie Van Gompel

Director · since 22 février 2021

Ended

Bart Watteeuw

Director · since 25 février 2019 · until 15 février 2021

Ended

Bart Watteeuw

Director · since 25 février 2019

Ended

At this address

Other companies at this address

Company	CBE no.
Codit holding● Active	0662.946.401
CODIT MANAGED SERVICES● Active	0835.734.875

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	22/06/2026	16/06/2025	20/06/2024	16/06/2023	17/06/2022	01/06/2021
General meeting	22/06/2026	16/06/2025	17/06/2024	15/06/2023	15/06/2022	27/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	22/06/2026	22/06/2026	Dutch	PDF
Full model	31/12/2024	16/06/2025	16/06/2025	Dutch	PDF
Full model	31/12/2023	17/06/2024	20/06/2024	Dutch	PDF
Full model	31/12/2022	15/06/2023	16/06/2023	Dutch	PDF
Full model	31/12/2021	15/06/2022	17/06/2022	Dutch	PDF
Full model	31/12/2020	27/05/2021	01/06/2021	Dutch	PDF
Full model	31/12/2019	28/05/2020	10/06/2020	Dutch	PDF
Full model	31/12/2018	28/06/2019	11/07/2019	Dutch	PDF
Abridged model	31/12/2017	31/05/2018	29/06/2018	Dutch	PDF
Abridged model	31/12/2016	26/05/2017	30/06/2017	Dutch	PDF
Abridged model	31/12/2015	16/06/2016	29/07/2016	Dutch	PDF
Abridged model	31/12/2014	28/05/2015	31/07/2015	Dutch	PDF
Abridged model	31/12/2013	30/05/2014	30/06/2014	Dutch	PDF
Abridged model	31/12/2012	30/05/2013	14/06/2013	Dutch	PDF
Abridged model	31/12/2011	27/04/2012	03/05/2012	Dutch	PDF
Abridged model	31/12/2010	01/04/2011	05/04/2011	Dutch	PDF
Abridged model	31/12/2009	27/05/2010	23/06/2010	Dutch	PDF
Abridged model	31/12/2008	28/05/2009	15/06/2009	Dutch	PDF
Abridged model	31/12/2007	29/05/2008	25/07/2008	Dutch	PDF
Abridged model	31/12/2006	31/05/2007	19/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 M€

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 · 2 active · 21 ended

Active mandates

Leo Eelen

Director · since 02 septembre 2024

Active

Codit holding

Director · 0662.946.401

Represented by Yashfeen Saiyid

Active

Ended mandates

Frédéric Lhostte

Director · since 22 février 2021

Ended

Nathalie Van Gompel

Director · since 22 février 2021

Ended

Bart Watteeuw

Director · since 25 février 2019 · until 15 février 2021

Ended

Bart Watteeuw

Director · since 25 février 2019

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Restructuring29/05/2026
KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring13/03/2026
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates03/09/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/10/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/08/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/01/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/12/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/05/2022
ONTSLAGEN - BENOEMINGEN
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

2025
Annual accounts 2025-3,2 k €↓
2024
Annual accounts 2024516,4 k €↓
2023
Annual accounts 20231,3 M €↑
2022
Annual accounts 20221,1 M €↓
2021
Annual accounts 20211,8 M €↓
2020
Annual accounts 20202,0 M €↑
2019
Annual accounts 20191,9 M €↓
2018
Annual accounts 20182,8 M €↓
2017
Annual accounts 20172,8 M €↑
2016
Annual accounts 20161,3 M €↑
2015
Annual accounts 20151,2 M €↑
2014
Annual accounts 2014894,4 k €↓
2013
Annual accounts 20132,2 M €↑
2012
Annual accounts 2012625,7 k €↑
2011
Annual accounts 2011274,0 k €↓
2010
Annual accounts 2010354,6 k €↑
2009
Annual accounts 2009308,8 k €↑
2008
Annual accounts 2008219,6 k €↑
2007
Annual accounts 2007-61,1 k €↓
2006
Annual accounts 200658,6 k €
03/03/2000
IncorporationPrivate company with limited liability

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

CODIT

Overview

What does CODIT do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline