NORMAL SITUATION

CODEMAD

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Financial year 2025 · closed on 25/04/2025
Net result
-3,0 k €
-111.1% YoY
Gross margin
-2,1 k €
-104.2% YoY
Equity
213,1 k €
-1.4% YoY

Company — Normal situation.

What does CODEMAD do?

CODEMAD is a company registered in Belgium.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0743.909.331
Legal form
Private limited company
Contributed capital
7 500,00 €
Latest accounts
25/04/2025
Signals
Solid equityGood liquidity
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202520242023202220212020
Income statement
Gross margin-2,1 k €49,6 k €82,3 k €83,4 k €94,7 k €46,4 k €
EBITDA-2,1 k €49,1 k €81,2 k €83,3 k €94,7 k €46,4 k €
Operating result-2,9 k €41,1 k €77,5 k €81,1 k €93,6 k €46,3 k €
Net result-3,0 k €27,0 k €55,8 k €58,4 k €67,3 k €36,4 k €
Balance sheet
Equity213,1 k €216,1 k €189,1 k €169,6 k €111,2 k €43,9 k €
Total assets213,1 k €220,9 k €192,3 k €186,9 k €121,8 k €50,5 k €
Cash193,0 k €202,2 k €160,5 k €142,4 k €74,0 k €23,5 k €
Debts18,9 €1,5 k €3,3 k €17,3 k €10,7 k €6,6 k €
Governance

Board of directors

Seen on filing of 25/04/2025 · 1 active

Active mandates

Johan Maes

Director

Active
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202120/02/2020
Closing of the financial year25/04/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year4 months12 months12 months12 months12 months11 months
Filing date06/06/202514/02/202501/07/202401/07/202330/06/202201/07/2021
General meeting25/04/202511/02/202529/06/202424/06/202325/06/202226/06/2021
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

6 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model25/04/202525/04/202506/06/2025DutchPDF
Micro model31/12/202411/02/202514/02/2025DutchPDF
Micro model31/12/202329/06/202401/07/2024DutchPDF
Micro model31/12/202224/06/202301/07/2023DutchPDF
Micro model31/12/202125/06/202230/06/2022DutchPDF
Micro model31/12/202026/06/202101/07/2021DutchPDF
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 25/04/2025 · 1 active

Active mandates

Johan Maes

Director

Active
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

Timeline

  1. 2025
    Annual accounts 2025-3,0 k €↓
  2. 2024
    Annual accounts 202427,0 k €↓
  3. 2023
    Annual accounts 202355,8 k €↓
  4. 2022
    Annual accounts 202258,4 k €↓
  5. 2021
    Annual accounts 202167,3 k €↑
  6. 2020
    Annual accounts 202036,4 k €