ACTIVE

CODEBAR

Financial year 2025 · closed on 31/12/2025
Net result
28,8 k €
+191.5% YoY
Gross margin
207,3 k €
+33.1% YoY
Equity
78,1 k €
-4.1% YoY

What does CODEBAR do?

CODEBAR is a Private limited company incorporated in 2008. Its main activity is: Beverage serving activities. Its registered office is in Bruxelles.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0807.895.875
Incorporation
20/11/2008
Legal form
Private limited company
Registered office
Place Rouppe 6
1000 Bruxelles · BruxellesSee on map
Contributed capital
13 815,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20252024202320232022202120202019201820172016201520142013201220112010
Income statement
Gross margin207,3 k €155,7 k €141,5 k €187,2 k €202,5 k €51,0 k €89,0 k €100,1 k €95,1 k €102,1 k €73,6 k €72,9 k €69,6 k €48,8 k €52,8 k €44,9 k €4,1 k €
EBITDA64,0 k €28,5 k €26,9 k €36,9 k €134,2 k €27,9 k €42,6 k €38,1 k €30,0 k €56,8 k €43,1 k €26,0 k €32,2 k €13,8 k €35,2 k €18,9 k €-16,1 k €
Operating result43,2 k €18,4 k €22,6 k €30,9 k €119,7 k €13,7 k €28,4 k €17,9 k €9,2 k €36,6 k €22,6 k €6,5 k €12,7 k €-7,9 k €11,1 k €-5,2 k €-40,9 k €
Net result28,8 k €9,9 k €10,9 k €14,7 k €149,9 k €-2,4 k €17,0 k €1,2 k €-4,1 k €21,4 k €-70,1 k €-10,6 k €-6,3 k €-27,4 k €-8,1 k €-25,1 k €39,5 k €
Balance sheet
Equity78,1 k €81,5 k €71,6 k €60,7 k €103,5 k €4,4 k €6,8 k €-10,3 k €-7,0 k €1,5 k €-15,5 k €-14,0 k €-3,4 k €2,9 k €30,3 k €38,4 k €63,5 k €
Total assets204,8 k €174,7 k €106,0 k €142,2 k €326,6 k €225,3 k €230,7 k €250,0 k €258,2 k €280,8 k €300,5 k €316,5 k €310,3 k €329,3 k €361,0 k €407,0 k €500,5 k €
Cash14,8 k €25,8 k €31,8 k €89,8 k €120,5 k €11,1 k €11,0 k €13,7 k €6,4 k €10,4 k €9,1 k €4,3 k €3,6 k €4,0 k €3,5 k €4,0 k €
Debts125,6 k €93,2 k €34,4 k €81,5 k €218,4 k €211,5 k €207,6 k €257,9 k €258,3 k €270,2 k €294,9 k €303,5 k €313,7 k €326,4 k €330,7 k €368,6 k €437,0 k €
Other
Workforce1,6 ETP1,7 ETP1,2 ETP4,9 ETP1,6 ETP4,0 ETP4,0 ETP4,0 ETP4,0 ETP
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 · 1 active · 1 ended

Active mandates

Julien CLAVAREAU

Director · since 20 novembre 2008

Active

Ended mandates

Julien Clavareau

Manager

Ended
Annual accounts

Full financial information

202520242023202320222021
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/04/202301/04/202201/04/202101/04/2020
Closing of the financial year31/12/202531/12/202431/12/202331/03/202331/03/202231/03/2021
Length of the financial year12 months12 months9 months12 months12 months12 months
Filing date31/08/202629/08/202507/10/202410/04/202403/11/202205/11/2021
General meeting12/06/202613/06/202514/06/202408/09/202309/09/202210/09/2021
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

17 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202512/06/202631/08/2026FrenchPDF
Micro model31/12/202413/06/202529/08/2025FrenchPDF
Micro model31/12/202314/06/202407/10/2024FrenchPDF
Micro model31/03/202308/09/202310/04/2024FrenchPDF
Micro model31/03/202209/09/202203/11/2022FrenchPDF
Micro model31/03/202110/09/202105/11/2021FrenchPDF
Micro model31/03/202025/08/202025/08/2020FrenchPDF
Micro model31/03/201930/09/201925/08/2020FrenchPDF
Abridged model31/03/201830/09/201825/08/2020FrenchPDF
Abridged model31/03/201708/09/201726/10/2017FrenchPDF
Abridged model31/03/201609/09/201603/10/2016FrenchPDF
Abridged model31/03/201511/09/201530/10/2015FrenchPDF
Abridged model31/03/201425/09/201417/11/2014FrenchPDF
Abridged model31/03/201327/09/201312/11/2013FrenchPDF
Abridged model31/03/201224/09/201229/11/2012FrenchPDF
Abridged model31/03/201124/10/201122/11/2011FrenchPDF
Abridged model31/03/201030/09/201014/10/2010FrenchPDF
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 · 1 active · 1 ended

Active mandates

Julien CLAVAREAU

Director · since 20 novembre 2008

Active

Ended mandates

Julien Clavareau

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates25/04/2023
    MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
    PDF
  • Restructuring17/02/2023
    CAPITAL, ACTIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Other28/11/2008
    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 202528,8 k €
  2. 2024
    Annual accounts 20249,9 k €
  3. 2023
    Annual accounts 202310,9 k €
  4. 2023
    Annual accounts 202314,7 k €
  5. 2022
    Annual accounts 2022149,9 k €
  6. 2021
    Annual accounts 2021-2,4 k €
  7. 2020
    Annual accounts 202017,0 k €
  8. 2019
    Annual accounts 20191,2 k €
  9. 2018
    Annual accounts 2018-4,1 k €
  10. 2017
    Annual accounts 201721,4 k €
  11. 2016
    Annual accounts 2016-70,1 k €
  12. 2015
    Annual accounts 2015-10,6 k €
  13. 2014
    Annual accounts 2014-6,3 k €
  14. 2013
    Annual accounts 2013-27,4 k €
  15. 2012
    Annual accounts 2012-8,1 k €
  16. 2011
    Annual accounts 2011-25,1 k €
  17. 2010
    Annual accounts 201039,5 k €
  18. 20/11/2008
    IncorporationPrivate limited company