ACTIVE

CODEMCO

Financial year 2025 · closed on 31/12/2025
Net result
-2,0 M €
-1368.4% YoY
Gross margin
-265,6 k €
-232.3% YoY
Equity
-1,6 M €
-511.2% YoY
Workforce
0,0 ETP

What does CODEMCO do?

CODEMCO is a Private limited company incorporated in 2012. Its registered office is in Knokke-Heist.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0848.172.156
Incorporation
23/08/2012
Legal form
Private limited company
Registered office
Cottagepad 5 box 1/A
8300 Knokke-Heist · FlandreSee on map
Contributed capital
399 999,70 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Signals
Good liquidity
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2025202420232022202120202019201820172016201520142013
Income statement
Gross margin-265,6 k €200,8 k €-7,9 k €-49,9 k €-39,8 k €-5,6 k €47,1 k €-9,4 k €-16,4 k €19,3 k €-2,0 k €-1,9 k €-1,0 k €
EBITDA-325,4 k €174,7 k €-25,8 k €-55,6 k €-91,6 k €-31,8 k €45,9 k €-13,4 k €-20,8 k €17,7 k €-3,3 k €-2,4 k €-1,8 k €
Operating result-1,6 M €172,8 k €-26,2 k €-55,9 k €-97,8 k €-66,7 k €11,0 k €-47,7 k €-24,1 k €14,2 k €-12,5 k €-10,6 k €-13,1 k €
Net result-2,0 M €157,6 k €-15,8 k €119,2 k €1,1 k €-80,0 k €-16,5 k €-73,2 k €-43,5 k €61,9 €-27,1 k €-17,8 k €-13,1 k €
Balance sheet
Equity-1,6 M €391,0 k €233,4 k €249,2 k €130,0 k €128,9 k €208,9 k €225,4 k €247,9 k €291,4 k €291,4 k €273,4 k €136,9 k €
Total assets1,9 M €2,4 M €2,0 M €1,9 M €2,7 M €3,6 M €2,6 M €1,7 M €1,6 M €1,3 M €1,2 M €722,7 k €139,4 k €
Cash14,8 k €32,4 k €18,3 k €11,1 k €15,0 k €39,1 k €90,9 k €14,2 k €142,0 k €295,1 k €1,8 k €1,9 k €18,0 k €
Debts3,5 M €2,0 M €1,7 M €1,6 M €2,6 M €3,5 M €2,3 M €1,5 M €1,4 M €1,0 M €928,0 k €442,9 k €2,5 k €
Other
Workforce0,0 ETP0,0 ETP0,0 ETP
Governance

Board of directors

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

Active mandates

Annick Demeyere

Director · since 15 février 2023

Active
Dieter Coeman

Director · since 15 février 2023

Active

Ended mandates

Annick Demeyere

Mandate

Ended
Dieter Coeman

Mandate

Ended
At this address

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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 date30/07/202610/10/202525/07/202426/06/202315/06/202208/07/2021
General meeting24/06/202615/09/202526/06/202414/06/202308/06/202209/06/2021
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

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202524/06/202630/07/2026DutchPDF
Abridged model31/12/202415/09/202510/10/2025DutchPDF
Abridged model31/12/202326/06/202425/07/2024DutchPDF
Abridged model31/12/202214/06/202326/06/2023DutchPDF
Abridged model31/12/202108/06/202215/06/2022DutchPDF
Abridged model31/12/202009/06/202108/07/2021DutchPDF
Abridged model31/12/201910/06/202023/07/2020DutchPDF
Abridged model31/12/201812/06/201922/07/2019DutchPDF
Abridged model31/12/201713/06/201813/07/2018DutchPDF
Abridged model31/12/201614/06/201727/07/2017DutchPDF
Abridged model31/12/201515/06/201618/07/2016DutchPDF
Abridged model31/12/201430/06/201502/07/2015DutchPDF
Abridged model31/12/201330/06/201422/07/2014DutchPDF
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 31/12/2025 · 2 active · 2 ended

Active mandates

Annick Demeyere

Director · since 15 février 2023

Active
Dieter Coeman

Director · since 15 février 2023

Active

Ended mandates

Annick Demeyere

Mandate

Ended
Dieter Coeman

Mandate

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates02/03/2023
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/06/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other27/08/2012
    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 2025-2,0 M €
  2. 2024
    Annual accounts 2024157,6 k €
  3. 2023
    Annual accounts 2023-15,8 k €
  4. 2022
    Annual accounts 2022119,2 k €
  5. 2021
    Annual accounts 20211,1 k €
  6. 2020
    Annual accounts 2020-80,0 k €
  7. 2019
    Annual accounts 2019-16,5 k €
  8. 2018
    Annual accounts 2018-73,2 k €
  9. 2017
    Annual accounts 2017-43,5 k €
  10. 2016
    Annual accounts 201661,9 €
  11. 2015
    Annual accounts 2015-27,1 k €
  12. 2014
    Annual accounts 2014-17,8 k €
  13. 2013
    Annual accounts 2013-13,1 k €
  14. 23/08/2012
    IncorporationPrivate limited company