ACTIVE

CODEKA

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Financial year 2025 · closed on 31/12/2025

Net result

-4,3 k €

-102.5% YoY

Gross margin

773,5 €

-99.6% YoY

Equity

18,9 k €

-18.4% YoY

What does CODEKA do?

CODEKA is a Private limited company incorporated in 2002. Its main activity is: Management consultancy activities. Its registered office is in Antwerpen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0476.824.383

Incorporation

13/02/2002

Legal form

Private limited company

Registered office

Laar 193
2180 Antwerpen · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities

Joint committees (1)

Contacts

4 public details availableLog in to view

Signals

Good liquidity

View the BCE/KBO Public Search record →

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
Gross margin	773,5 €	-99.6%	220,4 k €	-45.9%	407,6 k €	+82.3%	223,6 k €	+31.3%	170,3 k €	+117%	78,6 k €	+57.5%	49,9 k €	-5.4%	52,8 k €	+260%	-32,9 k €	-198%	33,5 k €	+0.4%	33,4 k €	+103%	16,4 k €	+62.7%	10,1 k €	-50.8%	20,5 k €	-40.9%	34,7 k €	+215%	11 k €	-23.0%	14,3 k €	+16.5%	12,3 k €	-49.4%	24,3 k €	+32.0%	18,4 k €
EBITDA	-3,2 k €	-101%	218,6 k €	+662%	28,7 k €	+1090%	-2,9 k €	-109%	33 k €	+267%	-19,7 k €	-153%	37 k €	-12.9%	42,4 k €	+204%	-40,9 k €	-236%	30 k €	-2.0%	30,6 k €	+138%	12,8 k €	+76.5%	7,3 k €	-54.2%	15,9 k €	-50.4%	32 k €	+270%	8,6 k €	-28.0%	12 k €	+28.4%	9,4 k €	-57.5%	22 k €	+37.2%	16 k €
Operating result	-5,3 k €	-102%	217,4 k €	+689%	27,5 k €	+500%	-6,9 k €	-123%	30,3 k €	+241%	-21,5 k €	-159%	36,4 k €	-13.4%	42 k €	+201%	-41,4 k €	-249%	27,9 k €	+3.0%	27,1 k €	+174%	9,9 k €	+120%	4,5 k €	-67.8%	13,9 k €	-52.8%	29,6 k €	+417%	5,7 k €	-36.0%	8,9 k €	+32.3%	6,7 k €	-63.2%	18,3 k €	+44.8%	12,7 k €
Net result	-4,3 k €	-103%	167,6 k €	+724%	20,3 k €	+269%	-12 k €	-163%	19,1 k €	+179%	-24,3 k €	-187%	28 k €	-32.2%	41,3 k €	+190%	-45,7 k €	-300%	22,9 k €	+27.8%	17,9 k €	+2946%	588 €	+144%	-1,3 k €	-115%	8,9 k €	-73.0%	32,8 k €	+9773%	332,6 €	-83.4%	2 k €	+46.3%	1,4 k €	-91.0%	15,3 k €	+56.3%	9,8 k €
Balance sheet
Equity	18,9 k €	-18.4%	23,1 k €	0.0%	23,1 k €	+4.2%	22,2 k €	-35.2%	34,2 k €	+126%	15,1 k €	-61.6%	39,4 k €	+75.6%	22,5 k €	+1779%	1,2 k €	-97.5%	46,9 k €	+0.2%	46,8 k €	+62.0%	28,9 k €	+2.1%	28,3 k €	-10.6%	31,6 k €	-3.5%	32,8 k €	+230%	9,9 k €	+3.5%	9,6 k €	+26.4%	7,6 k €	+22.1%	6,2 k €	+582%	912,7 €
Total assets	79,2 k €	-37.0%	125,7 k €	-43.4%	221,9 k €	+23.9%	179,1 k €	+58.0%	113,4 k €	+3.8%	109,2 k €	-2.1%	111,6 k €	+16.0%	96,2 k €	+47.8%	65,1 k €	-41.6%	111,5 k €	+34.6%	82,8 k €	+19.2%	69,5 k €	-2.8%	71,5 k €	-10.9%	80,3 k €	-4.8%	84,3 k €	+136%	35,7 k €	-34.5%	54,5 k €	-3.9%	56,7 k €	+3.5%	54,7 k €	+64.8%	33,2 k €
Cash	682,8 €	-97.8%	31,2 k €	-45.0%	56,7 k €	+52.3%	37,2 k €	+86.7%	19,9 k €	-0.4%	20 k €	-3.1%	20,6 k €	+156%	8,1 k €	-45.7%	14,9 k €	+404%	2,9 k €	-67.0%	8,9 k €	-62.3%	23,7 k €	+5.4%	22,5 k €		–		–		–		–		–		–		–
Debts	60,3 k €	-41.2%	102,6 k €	-48.2%	198 k €	+26.2%	156,9 k €	+98.5%	79 k €	+5.3%	75 k €	+4.0%	72,2 k €	-2.1%	73,8 k €	+15.4%	63,9 k €	-1.0%	64,6 k €	+79.2%	36 k €	-10.2%	40,1 k €	-6.3%	42,8 k €	-11.0%	48,1 k €	-5.6%	51 k €	+107%	24,6 k €	-44.4%	44,2 k €	-8.9%	48,5 k €	+3.1%	47 k €	+49.5%	31,5 k €

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 · 2 ended

Active mandates

Bernard De Keyser

Director

Active

Ended mandates

Bernard De Keyser

Administrator - manager

Ended

Bernard De Keyser

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	23/07/2026	09/07/2025	26/07/2024	11/08/2023	30/08/2022	28/10/2021
General meeting	20/05/2026	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/09/2021
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
Micro model	31/12/2025	20/05/2026	23/07/2026	Dutch	PDF
Micro model	31/12/2024	30/06/2025	09/07/2025	Dutch	PDF
Micro model	31/12/2023	30/06/2024	26/07/2024	Dutch	PDF
Micro model	31/12/2022	30/06/2023	11/08/2023	Dutch	PDF
Micro model	31/12/2021	30/06/2022	30/08/2022	Dutch	PDF
Micro model	31/12/2020	30/09/2021	28/10/2021	Dutch	PDF
Micro model	31/12/2019	08/09/2020	30/11/2020	Dutch	PDF
Micro model	31/12/2018	28/06/2019	03/09/2019	Dutch	PDF
Micro model	31/12/2017	30/06/2018	31/07/2018	Dutch	PDF
Micro model	31/12/2016	30/06/2017	09/08/2017	Dutch	PDF
Abridged model	31/12/2015	26/09/2016	28/09/2016	Dutch	PDF
Abridged model	31/12/2014	29/09/2015	30/09/2015	Dutch	PDF
Abridged model	31/12/2013	29/09/2014	02/10/2014	Dutch	PDF
Abridged model	31/12/2012	15/05/2013	30/08/2013	Dutch	PDF
Abridged model	31/12/2011	16/05/2012	30/09/2012	Dutch	PDF
Abridged model	31/12/2010	18/05/2011	10/08/2011	Dutch	PDF
Abridged model	31/12/2009	19/05/2010	29/07/2010	Dutch	PDF
Abridged model	31/12/2008	30/06/2009	28/07/2009	Dutch	PDF
Abridged model	31/12/2007	21/05/2008	05/08/2008	Dutch	PDF
Abridged model	31/12/2006	16/05/2007	10/08/2007	Dutch	PDF

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 · 2 ended

Active mandates

Bernard De Keyser

Director

Active

Ended mandates

Bernard De Keyser

Administrator - manager

Ended

Bernard De Keyser

Manager

Ended

Shareholders

Ownership and network

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Competition

Similar companies

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

See the Business plan

2025
Annual accounts 2025-4,3 k €↓
2024
Annual accounts 2024167,6 k €↑
2023
Annual accounts 202320,3 k €↑
2022
Annual accounts 2022-12 k €↓
2021
Annual accounts 202119,1 k €↑
2020
Annual accounts 2020-24,3 k €↓
2019
Annual accounts 201928 k €↓
2018
Annual accounts 201841,3 k €↑
2017
Annual accounts 2017-45,7 k €↓
2016
Annual accounts 201622,9 k €↑
2015
Annual accounts 201517,9 k €↑
2014
Annual accounts 2014588 €↑
2013
Annual accounts 2013-1,3 k €↓
2012
Annual accounts 20128,9 k €↓
2011
Annual accounts 201132,8 k €↑
2010
Annual accounts 2010332,6 €↓
2009
Annual accounts 20092 k €↑
2008
Annual accounts 20081,4 k €↓
2007
Annual accounts 200715,3 k €↑
2006
Annual accounts 20069,8 k €
13/02/2002
IncorporationPrivate limited company

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

CODEKA

Overview

What does CODEKA do?

Trend over 20 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Similar companies

Similar companies

Timeline