ACTIVE

CODIT MANAGED SERVICES

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Financial year 2025 · closed on 31/12/2025
Net result
-65,6 k €
+36.2% YoY
Gross margin
1,2 M €
+12.1% YoY
Equity
182,5 k €
-26.4% YoY
Workforce
17,0 ETP
+8.3% YoY

What does CODIT MANAGED SERVICES do?

CODIT MANAGED SERVICES is a Private limited company incorporated in 2011. Its main activity is: Management consultancy activities. Its registered office is in Gent. It employs on average 17,0 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0835.734.875
Incorporation
20/04/2011
Legal form
Private limited company
Registered office
Gaston Crommenlaan 14 box /0301
9050 Gent · FlandreSee on map
Contributed capital
25 000,00 €
Latest accounts
31/12/2025
Average workforce
17,0 ETP
Activities (NACE)
70200Management consultancy activities· main70220Business and other management consultancy activities62010Computer programming activities62020Computer consultancy activities62100Computer programming, consultancy and related activities62200Computer programming, consultancy and related activities+2
Joint committees (2)
  • 200
  • 20000
Signals
Good liquidityHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20252024202320222021202020192018201720162015201420132012
Income statement
Gross margin1,2 M €1,1 M €1,4 M €1,5 M €1,5 M €1,3 M €1,1 M €1,1 M €232,0 k €879,6 k €850,9 k €901,5 k €585,2 k €301,0 k €
EBITDA-18,2 k €-81,9 k €168,2 k €310,6 k €471,7 k €438,9 k €167,1 k €183,2 k €-60,9 k €879,1 k €849,5 k €900,4 k €584,7 k €300,1 k €
Operating result-37,1 k €-102,6 k €156,8 k €305,2 k €466,4 k €433,5 k €163,0 k €181,0 k €-60,9 k €878,7 k €849,1 k €900,1 k €584,7 k €300,1 k €
Net result-65,6 k €-102,8 k €106,2 k €213,1 k €314,2 k €365,5 k €281,7 k €10,3 M €1,6 M €807,0 k €632,5 k €883,2 k €483,0 k €153,4 k €
Balance sheet
Equity182,5 k €248,0 k €350,9 k €244,7 k €331,5 k €267,3 k €251,8 k €13,5 M €3,2 M €1,9 M €1,1 M €432,6 k €299,4 k €516,4 k €
Total assets631,4 k €642,1 k €899,8 k €928,5 k €890,5 k €1,0 M €14,1 M €15,5 M €5,2 M €5,5 M €4,7 M €4,5 M €3,1 M €2,5 M €
Cash73,1 k €––––––75,0 k €75,0 k €363,5 k €76,6 k €18,4 k €28,2 k €8,1 k €
Debts434,2 k €360,2 k €527,7 k €683,6 k €530,0 k €733,6 k €13,9 M €2,0 M €1,8 M €3,6 M €3,6 M €4,1 M €2,8 M €2,0 M €
Other
Workforce17,0 ETP15,7 ETP15,9 ETP15,1 ETP13,9 ETP12,8 ETP14,2 ETP14,1 ETP3,9 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 · 2 active · 20 ended

Active mandates

Leo Eelen

Director · since 02 septembre 2024

Active
Yashfeen Saiyid

Director · since 02 septembre 2024

Active

Ended mandates

Nathalie Van Gompel

Director · since 22 février 2021

Ended
Bart Watteeuw

Director · since 01 mars 2019

Ended
Stijn Degrieck

Director · since 01 mars 2019

Ended
Db-Tech Comm.V

Director · since 04 septembre 2017 · until 01 mars 2019 · 0550.352.561

Represented by Danny Buysse

Ended
At this address

Other companies at this address

CompanyCBE no.
CODIT● Active
0471.349.823
Codit holding● Active
0662.946.401
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date22/06/202613/06/202520/06/202416/06/202317/06/202214/06/2021
General meeting22/06/202613/06/202517/06/202415/06/202315/06/202211/06/2021
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

14 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202522/06/202622/06/2026DutchPDF
Abridged model31/12/202413/06/202513/06/2025DutchPDF
Abridged model31/12/202317/06/202420/06/2024DutchPDF
Abridged model31/12/202215/06/202316/06/2023DutchPDF
Abridged model31/12/202115/06/202217/06/2022DutchPDF
Abridged model31/12/202011/06/202114/06/2021DutchPDF
Abridged model31/12/201912/06/202012/06/2020DutchPDF
Abridged model31/12/201828/06/201910/07/2019DutchPDF
Abridged model31/12/201708/06/201829/06/2018DutchPDF
Abridged model30/09/201610/03/201728/04/2017DutchPDF
Abridged model30/09/201511/03/201628/04/2016DutchPDF
Abridged model30/09/201413/03/201530/03/2015DutchPDF
Abridged model30/09/201314/03/201430/04/2014DutchPDF
Abridged model30/09/201208/03/201328/03/2013DutchPDF
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 · 20 ended

Active mandates

Leo Eelen

Director · since 02 septembre 2024

Active
Yashfeen Saiyid

Director · since 02 septembre 2024

Active

Ended mandates

Nathalie Van Gompel

Director · since 22 février 2021

Ended
Bart Watteeuw

Director · since 01 mars 2019

Ended
Stijn Degrieck

Director · since 01 mars 2019

Ended
Db-Tech Comm.V

Director · since 04 septembre 2017 · until 01 mars 2019 · 0550.352.561

Represented by Danny Buysse

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Restructuring29/05/2026
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ... - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring13/03/2026
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates03/09/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/09/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other08/02/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Mandates23/12/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/07/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/05/2021
    ONTSLAGEN - BENOEMINGEN
    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 2025-65,6 k €↑
  2. 2024
    Annual accounts 2024-102,8 k €↓
  3. 2023
    Annual accounts 2023106,2 k €↓
  4. 2022
    Annual accounts 2022213,1 k €↓
  5. 2021
    Annual accounts 2021314,2 k €↓
  6. 2020
    Annual accounts 2020365,5 k €↑
  7. 2019
    Annual accounts 2019281,7 k €↓
  8. 2018
    Annual accounts 201810,3 M €↑
  9. 2017
    Annual accounts 20171,6 M €↑
  10. 2017
    Name changeCodit Managed Services
  11. 2016
    Annual accounts 2016807,0 k €↑
  12. 2015
    Annual accounts 2015632,5 k €↓
  13. 2014
    Annual accounts 2014883,2 k €↑
  14. 2013
    Annual accounts 2013483,0 k €↑
  15. 2012
    Annual accounts 2012153,4 k €
  16. 2012
    Name changeIntegrateIT
  17. 20/04/2011
    IncorporationPrivate limited company