NORMAL SITUATION

DRS. CODESCO

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Financial year 2025 · closed on 31/12/2025
Net result
263,5 k €
+45.1% YoY
Gross margin
267,9 k €
+1.1% YoY
Equity
1,8 M €
+17.7% YoY

Company — Normal situation.

What does DRS. CODESCO do?

DRS. CODESCO is a company registered in Belgium.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0535.875.213
Legal form
Private limited company
Contributed capital
6 300,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2025202420232022202120202019201820172016201520142013
Income statement
Gross margin267,9 k €264,9 k €344,6 k €311,8 k €370,7 k €303,4 k €256,6 k €268,1 k €267,2 k €262,2 k €321,1 k €304,2 k €125,5 k €
EBITDA253,1 k €262,8 k €342,4 k €309,6 k €368,1 k €300,5 k €254,6 k €265,4 k €263,9 k €259,2 k €317,6 k €301,6 k €122,1 k €
Operating result251,2 k €245,1 k €324,8 k €307,1 k €327 k €234,1 k €180,1 k €187,9 k €184,9 k €178,3 k €236,3 k €222,6 k €81,6 k €
Net result263,5 k €181,6 k €231,1 k €218 k €226,3 k €163,6 k €120,4 k €123,5 k €109,6 k €104,6 k €133,5 k €129 k €54,9 k €
Balance sheet
Equity1,8 M €1,5 M €1,3 M €1,1 M €856,2 k €940,4 k €776,7 k €656,4 k €532,9 k €423,3 k €318,7 k €185,2 k €56,2 k €
Total assets1,8 M €1,5 M €1,5 M €1,3 M €1,2 M €1 M €896,9 k €832,6 k €780,6 k €704,9 k €649,7 k €548,1 k €551,7 k €
Cash450 k €54,4 k €209,8 k €215,7 k €549,1 k €407,7 k €451,4 k €425,9 k €376,5 k €398,5 k €300,9 k €125,6 k €68,4 k €
Debts6 k €34,9 k €164,8 k €209,5 k €360,8 k €81,4 k €120,2 k €176,2 k €247,8 k €281,6 k €331 k €362,8 k €493,4 k €
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 10 ended

Active mandates

Caroline Christine Cécil De Smedt

Director

Active
Johan Antoine Jozef Mari Conings

Director

Active

Ended mandates

Caroline De Smedt

Manager · since 20 juin 2013

Ended
JOHAN CONINGS

Manager · since 20 juin 2013

Ended
STEFANIE CONINGS

Manager · since 20 juin 2013

Ended
Caroline Christine Cécil De Smedt

Manager

Ended
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 date25/03/202616/07/202510/07/202403/07/202318/07/202224/09/2021
General meeting20/03/202616/06/202515/06/202415/06/202315/06/202215/06/2021
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

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202520/03/202625/03/2026DutchPDF
Micro model31/12/202416/06/202516/07/2025DutchPDF
Micro model31/12/202315/06/202410/07/2024DutchPDF
Micro model31/12/202215/06/202303/07/2023DutchPDF
Micro model31/12/202115/06/202218/07/2022DutchPDF
Micro model31/12/202015/06/202124/09/2021DutchPDF
Micro model31/12/201915/06/202024/07/2020DutchPDF
Micro model31/12/201815/06/201919/07/2019DutchPDF
Micro model31/12/201715/06/201819/07/2018DutchPDF
Micro model31/12/201615/06/201720/07/2017DutchPDF
Abridged model31/12/201515/06/201630/06/2016DutchPDF
Abridged model31/12/201415/06/201521/08/2015DutchPDF
Abridged model31/12/201316/06/201401/10/2014DutchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 10 ended

Active mandates

Caroline Christine Cécil De Smedt

Director

Active
Johan Antoine Jozef Mari Conings

Director

Active

Ended mandates

Caroline De Smedt

Manager · since 20 juin 2013

Ended
JOHAN CONINGS

Manager · since 20 juin 2013

Ended
STEFANIE CONINGS

Manager · since 20 juin 2013

Ended
Caroline Christine Cécil De Smedt

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Dissolution05/05/2026
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ...
    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 2025263,5 k €↑
  2. 2024
    Annual accounts 2024181,6 k €↓
  3. 2023
    Annual accounts 2023231,1 k €↑
  4. 2022
    Annual accounts 2022218 k €↓
  5. 2021
    Annual accounts 2021226,3 k €↑
  6. 2020
    Annual accounts 2020163,6 k €↑
  7. 2019
    Annual accounts 2019120,4 k €↓
  8. 2018
    Annual accounts 2018123,5 k €↑
  9. 2017
    Annual accounts 2017109,6 k €↑
  10. 2016
    Annual accounts 2016104,6 k €↓
  11. 2015
    Annual accounts 2015133,5 k €↑
  12. 2014
    Annual accounts 2014129 k €↑
  13. 2013
    Annual accounts 201354,9 k €