ACTIVE

KODEMO

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Financial year 2025 · closed on 31/12/2025

Net result

-68,3 k €

-186.0% YoY

Gross margin

-41,2 k €

-118.8% YoY

Equity

186,4 k €

-53.8% YoY

What does KODEMO do?

KODEMO is a Private limited company incorporated in 2002. Its main activity is: Activities of holding companies. Its registered office is in Zwevegem.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0477.360.061

Incorporation

17/04/2002

Legal form

Private limited company

Registered office

Kerkstraat(M) 17
8552 Zwevegem · FlandreSee on map

Contributed capital

6 311,01 €

Latest accounts

31/12/2025

Activities (NACE)

64210Activities of holding companies· main

Joint committees (1)

Signals

Solid equityLow riskGood liquidityHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	-41,2 k €	-119%	218,6 k €	-7.8%	237 k €	+8.8%	217,8 k €	-0.4%	218,7 k €	+13.4%	192,8 k €	-30.1%	275,8 k €	+22.0%	226 k €	+6.6%	211,9 k €	+7.5%	197,2 k €	-8.5%	215,4 k €	-0.1%	215,5 k €	+17.0%	184,3 k €	+212%	59 k €	+30.5%	45,2 k €	-18.2%	55,2 k €	+37.5%	40,2 k €	-29.3%	56,8 k €	-3.4%	58,8 k €
EBITDA	-42,7 k €	-126%	162,7 k €	+3.7%	156,9 k €	+9.8%	142,9 k €	-2.6%	146,8 k €	+24.1%	118,3 k €	-40.1%	197,6 k €	+44.3%	136,9 k €	+11.9%	122,3 k €	+12.7%	108,5 k €	-13.8%	125,9 k €	-10.1%	140 k €	-2.2%	143,1 k €	+156%	55,9 k €	+28.4%	43,6 k €	-18.6%	53,5 k €	+38.3%	38,7 k €	-30.4%	55,6 k €	-3.4%	57,6 k €
Operating result	-68,3 k €	-159%	114,9 k €	-2.8%	118,3 k €	+18.1%	100,2 k €	+17.8%	85 k €	+34.0%	63,5 k €	-50.8%	129 k €	+64.4%	78,5 k €	+43.2%	54,8 k €	+31.8%	41,6 k €	-27.3%	57,2 k €	-25.3%	76,5 k €	-6.4%	81,8 k €	+186%	28,6 k €	+12.7%	25,3 k €	-27.3%	34,9 k €	+357%	7,6 k €	-57.5%	17,9 k €	-15.6%	21,3 k €
Net result	-68,3 k €	-186%	79,3 k €	-5.4%	83,8 k €	+21.7%	68,9 k €	+20.7%	57,1 k €	+43.5%	39,8 k €	-51.9%	82,7 k €	+107%	40 k €	+68.7%	23,7 k €	+70.8%	13,9 k €	-33.7%	20,9 k €	-49.2%	41,2 k €	-26.2%	55,8 k €	+155%	21,9 k €	+38.4%	15,8 k €	-32.2%	23,3 k €	+739%	-3,6 k €	-140%	9,1 k €	-35.5%	14 k €
Balance sheet
Equity	186,4 k €	-53.8%	403,6 k €	-0.5%	405,5 k €	+10.8%	366 k €	+2.2%	358,2 k €	+4.4%	343 k €	+12.6%	304,6 k €	+36.4%	223,3 k €	-2.2%	228,3 k €	+7.8%	211,8 k €	+3.3%	205 k €	+7.2%	191,3 k €	+23.4%	155,1 k €	+56.3%	99,2 k €	+28.2%	77,4 k €	+25.6%	61,6 k €	+60.8%	38,3 k €	-8.7%	42 k €	+27.5%	32,9 k €
Total assets	317,6 k €	-35.0%	488,4 k €	-2.6%	501,7 k €	+4.0%	482,6 k €	-10.0%	536,4 k €	-5.8%	569,3 k €	-2.5%	583,7 k €	-1.9%	595,2 k €	-2.2%	608,4 k €	-0.9%	613,8 k €	-7.9%	666,5 k €	-3.9%	693,2 k €	+0.4%	690,2 k €	+172%	253,6 k €	+8.7%	233,2 k €	-4.7%	244,8 k €	-1.5%	248,4 k €	-6.3%	265 k €	-4.5%	277,5 k €
Cash	237,8 k €	-6.7%	254,9 k €	-8.5%	278,7 k €	+19.2%	233,9 k €	-4.8%	245,7 k €	-19.6%	305,5 k €	+13.8%	268,5 k €	+4.0%	258,1 k €	+30.7%	197,4 k €	-0.2%	197,8 k €	+7.4%	184,2 k €	+13.9%	161,8 k €	+75.8%	92 k €	+138%	38,7 k €	+19.5%	32,4 k €	-5.9%	34,4 k €	+2.2%	33,7 k €	-20.4%	42,3 k €	-35.2%	65,3 k €
Debts	130,3 k €	+53.6%	84,9 k €	-11.8%	96,2 k €	-17.5%	116,5 k €	-34.6%	178,2 k €	-21.3%	226,4 k €	-18.9%	279,1 k €	-24.9%	371,9 k €	-2.2%	380,1 k €	-5.4%	402 k €	-12.9%	461,5 k €	-8.1%	501,9 k €	-6.2%	535,2 k €	+247%	154,3 k €	-1.0%	155,9 k €	-14.9%	183,2 k €	-12.8%	210 k €	-5.8%	222,9 k €	-8.8%	244,5 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		1,8 ETP	0.0%	1,8 ETP	+12.5%	1,6 ETP	+100%	0,8 ETP		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 5 ended

Active mandates

Koen Demeestere

Director · since 10 avril 2002

Active

Veerle Vanrenterghem

Director · since 10 avril 2002 · until 24 juin 2025

Active

Ended mandates

Koen Demeestere

Mandate · since 10 avril 2002

Ended

Koen Demeestere

Manager · since 10 avril 2002

Ended

Veerle Vanrenterghem

Mandate · since 10 avril 2002

Ended

Veerle Vanrenterghem

Director · since 10 avril 2002

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	29/06/2026	23/06/2025	22/07/2024	28/07/2023	26/08/2022	31/08/2021
General meeting	20/06/2026	21/06/2025	15/06/2024	17/06/2023	18/06/2022	19/06/2021
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	20/06/2026	29/06/2026	Dutch	PDF
Micro model	31/12/2024	21/06/2025	23/06/2025	Dutch	PDF
Micro model	31/12/2023	15/06/2024	22/07/2024	Dutch	PDF
Micro model	31/12/2022	17/06/2023	28/07/2023	Dutch	PDF
Micro model	31/12/2021	18/06/2022	26/08/2022	Dutch	PDF
Micro model	31/12/2020	19/06/2021	31/08/2021	Dutch	PDF
Micro model	31/12/2019	20/08/2020	31/08/2020	Dutch	PDF
Micro model	31/12/2018	15/06/2019	26/08/2019	Dutch	PDF
Micro model	31/12/2017	16/06/2018	31/08/2018	Dutch	PDF
Micro model	31/12/2016	17/06/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	18/06/2016	29/06/2016	Dutch	PDF
Abridged model	31/12/2014	20/06/2015	13/07/2015	Dutch	PDF
Abridged model	31/12/2013	21/06/2014	14/07/2014	Dutch	PDF
Abridged model	31/12/2012	15/06/2013	05/07/2013	Dutch	PDF
Abridged model	31/12/2011	16/06/2012	27/08/2012	Dutch	PDF
Abridged model	31/12/2010	18/06/2011	19/07/2011	Dutch	PDF
Abridged model	31/12/2009	19/06/2010	25/08/2010	Dutch	PDF
Abridged model	31/12/2008	20/06/2009	12/10/2009	Dutch	PDF
Abridged model	31/12/2007	21/06/2008	28/08/2008	Dutch	PDF
Abridged model	31/12/2006	16/06/2007	30/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 5 ended

Active mandates

Koen Demeestere

Director · since 10 avril 2002

Active

Veerle Vanrenterghem

Director · since 10 avril 2002 · until 24 juin 2025

Active

Ended mandates

Koen Demeestere

Mandate · since 10 avril 2002

Ended

Koen Demeestere

Manager · since 10 avril 2002

Ended

Veerle Vanrenterghem

Mandate · since 10 avril 2002

Ended

Veerle Vanrenterghem

Director · since 10 avril 2002

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Capital / shares11/09/2025
KAPITAAL - AANDELEN
PDF
Restructuring22/07/2025
BENAMING - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring22/07/2025
KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring19/05/2025
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates16/10/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - BENAMING - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares04/01/2018
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares31/12/2013
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office03/12/2007
MAATSCHAPPELIJKE ZETEL
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 2025-68,3 k €↓
2025
Name changeKODEMO
2024
Annual accounts 202479,3 k €↓
2023
Annual accounts 202383,8 k €↑
2022
Annual accounts 202268,9 k €↑
2021
Annual accounts 202157,1 k €↑
2019
Annual accounts 201939,8 k €↓
2018
Annual accounts 201882,7 k €↑
2017
Annual accounts 201740 k €↑
2016
Annual accounts 201623,7 k €↑
2015
Annual accounts 201513,9 k €↓
2014
Annual accounts 201420,9 k €↓
2013
Annual accounts 201341,2 k €↓
2012
Annual accounts 201255,8 k €↑
2011
Annual accounts 201121,9 k €↑
2010
Annual accounts 201015,8 k €↓
2009
Annual accounts 200923,3 k €↑
2008
Annual accounts 2008-3,6 k €↓
2007
Annual accounts 20079,1 k €↓
2006
Annual accounts 200614 k €
2006
Name changeDemeestere & Vanrenterghem
17/04/2002
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

KODEMO

Overview

What does KODEMO do?

Trend over 19 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

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline