ACTIVE

CODEM

Financial year 2025 · closed on 31/03/2025
Net result
720,7 k €
+2.6% YoY
Equity
5,8 M €
+14.1% YoY

What does CODEM do?

CODEM is a Private limited company incorporated in 2018. Its registered office is in Mouscron.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0716.962.929
Incorporation
28/12/2018
Legal form
Private limited company
Registered office
Boulevard Industriel 95
7700 Mouscron · WallonieSee on map
Contributed capital
1 020 000,00 €
Latest accounts
31/03/2025
Signals
ProfitableSolid equityPositive cashflow
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 4 financial years

2025202420232022
Income statement
EBITDA-3,3 k €-6,4 k €-3,0 k €-2,4 k €
Operating result-3,3 k €-6,4 k €-3,0 k €-2,4 k €
Net result720,7 k €702,1 k €-101,6 k €339,3 k €
Balance sheet
Equity5,8 M €5,1 M €4,4 M €4,5 M €
Total assets7,9 M €8,0 M €7,9 M €7,9 M €
Cash2,0 k €8,4 k €413,6 €70,5 k €
Debts2,0 M €2,9 M €3,4 M €3,4 M €
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 31/03/2025 · 6 active · 9 ended

Active mandates

Benjamin VAN DAELE

Director · since 03 mai 2023

Active
Céline VAN DAELE

Director · since 03 mai 2023

Active
Dominique DECONINCK

Administrateur Statutaire · since 03 mai 2023

Active
Gauthier VAN DAELE

Director · since 03 mai 2023

Active
Odile VAN DAELE

Director · since 03 mai 2023

Active
Roby VAN DAELE

Administrateur Statutaire · since 03 mai 2023

Active

Ended mandates

Camax

Director · since 02 septembre 2024 · 0811.950.871

Represented by Van DAELE BENJAMIN

Ended
Benjamin VAN DAELE

Director · since 03 mai 2023 · until 02 septembre 2024

Ended
Céline VAN DAELE

Director · since 03 mai 2023 · until 02 septembre 2024

Ended
Dominique DECONINCK

Director · since 03 mai 2023 · until 02 septembre 2024

Ended
At this address

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Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/04/202401/04/202301/04/202201/04/202101/04/202001/12/2018
Closing of the financial year31/03/202531/03/202431/03/202331/03/202231/03/202131/03/2020
Length of the financial year12 months12 months12 months12 months12 months16 months
Filing date14/10/202528/10/202403/10/202307/10/202221/10/202101/10/2020
General meeting01/09/202502/09/202413/09/202305/09/202206/09/202107/09/2020
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

6 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/03/202501/09/202514/10/2025FrenchPDF
Full model31/03/202402/09/202428/10/2024FrenchPDF
Full model31/03/202313/09/202303/10/2023FrenchPDF
Full model31/03/202205/09/202207/10/2022FrenchPDF
Full model31/03/202106/09/202121/10/2021FrenchPDF
Full model31/03/202007/09/202001/10/2020FrenchPDF
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 31/03/2025 · 6 active · 9 ended

Active mandates

Benjamin VAN DAELE

Director · since 03 mai 2023

Active
Céline VAN DAELE

Director · since 03 mai 2023

Active
Dominique DECONINCK

Administrateur Statutaire · since 03 mai 2023

Active
Gauthier VAN DAELE

Director · since 03 mai 2023

Active
Odile VAN DAELE

Director · since 03 mai 2023

Active
Roby VAN DAELE

Administrateur Statutaire · since 03 mai 2023

Active

Ended mandates

Camax

Director · since 02 septembre 2024 · 0811.950.871

Represented by Van DAELE BENJAMIN

Ended
Benjamin VAN DAELE

Director · since 03 mai 2023 · until 02 septembre 2024

Ended
Céline VAN DAELE

Director · since 03 mai 2023 · until 02 septembre 2024

Ended
Dominique DECONINCK

Director · since 03 mai 2023 · until 02 septembre 2024

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates27/01/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates16/05/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares15/02/2019
    CAPITAL, ACTIONS
    PDF
  • Other02/01/2019
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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 2025720,7 k €
  2. 2024
    Annual accounts 2024702,1 k €
  3. 2023
    Annual accounts 2023-101,6 k €
  4. 2022
    Annual accounts 2022339,3 k €
  5. 28/12/2018
    IncorporationPrivate limited company