ACTIVE

CODEMA FOOD

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Financial year 2025 · closed on 31/12/2025
Net result
155,8 k €
+69.3% YoY
Gross margin
779,4 k €
+15.5% YoY
Equity
489,8 k €
+46.6% YoY
Workforce
16,2 ETP
+26.6% YoY

What does CODEMA FOOD do?

CODEMA FOOD is a Private limited company incorporated in 2021. Its main activity is: Retail sale in non-specialised stores with food, beverages or tobacco predominating. Its registered office is in Tielt. It employs on average 16,2 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0774.984.567
Incorporation
04/10/2021
Legal form
Private limited company
Registered office
Baudeloostraat 17
8700 Tielt · FlandreSee on map
Contributed capital
150 000,00 €
Latest accounts
31/12/2025
Average workforce
16,2 ETP
Activities (NACE)
47110Retail sale in non-specialised stores with food, beverages or tobacco predominating· main47114Retail sale in non-specialised stores with food, beverages or tobacco predominating47115Retail sale in non-specialised stores with food, beverages or tobacco predominating
Joint committees (1)
  • 201
Signals
ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 4 financial years

2025202420232022
Income statement
Gross margin779,4 k €674,9 k €697,9 k €515,1 k €
EBITDA407,4 k €316,4 k €356,9 k €127,9 k €
Operating result222,9 k €131,8 k €173 k €-40,9 k €
Net result155,8 k €92 k €136,3 k €-44,3 k €
Balance sheet
Equity489,8 k €334 k €242 k €105,7 k €
Total assets1,9 M €2 M €2,1 M €2,2 M €
Cash348,6 k €227,6 k €200,7 k €236,1 k €
Debts1,4 M €1,7 M €1,9 M €2,1 M €
Other
Workforce16,2 ETP12,8 ETP12,3 ETP12,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

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

Active mandates

Jo Langeraet

Director · since 04 octobre 2021

Active
Sandra Devriese

Director · since 04 octobre 2021

Active
Annual accounts

Full financial information

2025202420232022
Type of accountAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202329/09/2021
Closing of the financial year31/12/202531/12/202431/12/202331/12/2022
Length of the financial year12 months12 months12 months16 months
Filing date26/06/202616/07/202501/11/202411/07/2023
General meeting19/06/202620/06/202521/06/202416/06/2023
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

5 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202519/06/202626/06/2026DutchPDF
Abridged model31/12/202420/06/202516/07/2025DutchPDF
Abridged modelCorrection31/12/202321/06/202401/11/2024DutchPDF
Abridged model31/12/202321/06/202404/07/2024DutchPDF
Abridged model31/12/202216/06/202311/07/2023DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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

Active mandates

Jo Langeraet

Director · since 04 octobre 2021

Active
Sandra Devriese

Director · since 04 octobre 2021

Active
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other06/10/2021
    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 2025155,8 k €↑
  2. 2024
    Annual accounts 202492 k €↓
  3. 2023
    Annual accounts 2023136,3 k €↑
  4. 2022
    Annual accounts 2022-44,3 k €
  5. 04/10/2021
    IncorporationPrivate limited company