ACTIVE

CODL

Financial year 2025 · closed on 31/12/2025
Net result
10,4 k €
+34817.8% YoY
Gross margin
152,4 k €
+109.6% YoY
Equity
1,2 M €
+0.9% YoY

What does CODL do?

CODL is a Private limited company incorporated in 2017. Its registered office is in Grimbergen.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0686.687.744
Incorporation
21/12/2017
Legal form
Private limited company
Registered office
Meerstraat 87
1852 Grimbergen · FlandreSee on map
Contributed capital
1 356 200,00 €
Latest accounts
31/12/2025
Signals
ProfitablePositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20252024202320222021202020192018
Income statement
Gross margin152,4 k €72,7 k €70,3 k €69,6 k €64,5 k €65,7 k €65,5 k €24,2 k €
EBITDA142,2 k €62,2 k €59,7 k €59,9 k €54,9 k €55,5 k €57,7 k €23,4 k €
Operating result22,4 k €12,8 k €-90,8 k €10,8 k €5,8 k €6,4 k €8,6 k €-64,7 k €
Net result10,4 k €-29,8 €-104,6 k €-3,9 k €-9,7 k €-9,7 k €-7,6 k €-80,1 k €
Balance sheet
Equity1,2 M €1,1 M €1,1 M €-104,8 k €-100,9 k €-91,2 k €-81,5 k €-73,9 k €
Total assets4,4 M €4,5 M €3,5 M €1,6 M €1,6 M €1,7 M €1,7 M €1,8 M €
Cash30,3 k €5,1 k €3,8 k €7,5 k €6,5 k €18,1 k €8,1 k €13,3 k €
Debts3,2 M €3,3 M €2,3 M €1,7 M €1,7 M €1,8 M €1,8 M €1,9 M €
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 4 ended

Active mandates

Carine Octavie Olbrechts

Director

Active
Dirk Constant Lauwers

Director

Active

Ended mandates

Carine Olbrechts

Director

Ended
Carine Olbrechts

Manager

Ended
Dirk Lauwers

Director

Ended
Dirk Lauwers

Manager

Ended
At this address

Other companies at this address

CompanyCBE no.
Dr. M. LauwersActive
1001.062.962
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 date30/06/202630/06/202518/09/202426/06/202315/02/202328/10/2021
General meeting29/06/202630/06/202530/08/202426/06/202320/01/202330/09/2021
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

8 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202529/06/202630/06/2026DutchPDF
Micro model31/12/202430/06/202530/06/2025DutchPDF
Micro model31/12/202330/08/202418/09/2024DutchPDF
Micro model31/12/202226/06/202326/06/2023DutchPDF
Micro model31/12/202120/01/202315/02/2023DutchPDF
Micro model31/12/202030/09/202128/10/2021DutchPDF
Micro model31/12/201923/11/202022/12/2020DutchPDF
Micro model31/12/201824/06/201904/07/2019DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 · 2 active · 4 ended

Active mandates

Carine Octavie Olbrechts

Director

Active
Dirk Constant Lauwers

Director

Active

Ended mandates

Carine Olbrechts

Director

Ended
Carine Olbrechts

Manager

Ended
Dirk Lauwers

Director

Ended
Dirk Lauwers

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates20/10/2023
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other27/12/2017
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, 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 202510,4 k €
  2. 2024
    Annual accounts 2024-29,8 €
  3. 2023
    Annual accounts 2023-104,6 k €
  4. 2022
    Annual accounts 2022-3,9 k €
  5. 2021
    Annual accounts 2021-9,7 k €
  6. 2020
    Annual accounts 2020-9,7 k €
  7. 2019
    Annual accounts 2019-7,6 k €
  8. 2018
    Annual accounts 2018-80,1 k €
  9. 21/12/2017
    IncorporationPrivate limited company