ACTIVE

CODU 08

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Financial year 2025 · closed on 31/12/2025

Net result

1,2 M €

+1872.2% YoY

Gross margin

-6,1 k €

-97.5% YoY

Equity

34,5 M €

+3.7% YoY

What does CODU 08 do?

CODU 08 is a Private limited company incorporated in 2008. Its registered office is in Tournai.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0898.409.446

Incorporation

06/06/2008

Legal form

Private limited company

Registered office

Chaussée de Tournai(R-C) 52/1
7520 Tournai · WallonieSee on map

Contributed capital

22 538 245,29 €

Latest accounts

31/12/2025

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflow

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 15 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009
Income statement
Gross margin	-6,1 k €	-97.5%	-3,1 k €	+7.2%	-3,3 k €	-33.6%	-2,5 k €	+11.0%	-2,8 k €	-48.7%	-1,9 k €	+61.9%	-4,9 k €	-110%	-2,4 k €	-0.1%	-2,4 k €	-5.2%	-2,2 k €	-2.7%	-2,2 k €	-0.2%	-2,2 k €	-0.2%	-2,2 k €	-0.2%	-2,2 k €	+64.8%	-6,1 k €
EBITDA	-7,1 k €	-75.1%	-4,1 k €	+5.4%	-4,3 k €	-27.7%	-3,4 k €	+8.4%	-3,7 k €	-33.4%	-2,8 k €	+53.1%	-5,9 k €	-81.9%	-3,2 k €	-0.1%	-3,2 k €	-3.8%	-3,1 k €	-1.9%	-3 k €	+96.4%	-84,7 k €	-1.2%	-83,6 k €	+2.8%	-86 k €	+25.0%	-114,7 k €
Operating result	-10,7 k €	-54.9%	-6,9 k €	+80.2%	-34,8 k €	+47.5%	-66,2 k €	-1702%	-3,7 k €	-33.4%	-2,8 k €	+53.1%	-5,9 k €	-81.9%	-3,2 k €	-0.1%	-3,2 k €	-3.8%	-3,1 k €	-1.9%	-3 k €	+96.4%	-84,7 k €	-1.2%	-83,6 k €	+2.8%	-86 k €	+28.7%	-120,6 k €
Net result	1,2 M €	+1872%	62,2 k €	+107%	30 k €	+153%	-56,4 k €	-1235%	5 k €	-62.1%	13,1 k €	-99.4%	2,1 M €	+94414%	-2,3 k €	-60.7%	-1,4 k €	-31.9%	-1,1 k €	-100%	6,9 M €	+1413%	454 k €	+1.6%	446,9 k €	+2.9%	434,5 k €	-27.2%	596,7 k €
Balance sheet
Equity	34,5 M €	+3.7%	33,3 M €	+0.2%	33,3 M €	+0.1%	33,2 M €	-0.2%	33,3 M €	+0.0%	33,3 M €	+0.0%	33,3 M €	-9.5%	36,7 M €	-0.0%	36,7 M €	-0.0%	36,7 M €	-0.0%	36,7 M €	+22.2%	30,1 M €	+1.5%	29,6 M €	+1.5%	29,2 M €	+1.5%	28,7 M €
Total assets	34,6 M €	+3.7%	33,3 M €	+0.2%	33,3 M €	+0.1%	33,2 M €	-0.2%	33,3 M €	-0.1%	33,3 M €	-14.4%	38,9 M €	+5.6%	36,9 M €	+0.0%	36,9 M €	-0.3%	37 M €	+0.0%	37 M €	+22.0%	30,3 M €	+1.3%	29,9 M €	+1.4%	29,5 M €	+2.6%	28,7 M €
Cash	5,9 k €	+70.2%	3,5 k €	+14.1%	3,1 k €	-45.3%	5,6 k €	-11.4%	6,3 k €	+1158%	500,9 €	-68.6%	1,6 k €	+540%	249,4 €	+36.0%	183,4 €	+474%	31,9 €	-74.8%	126,6 €	-98.0%	6,3 k €	+38.9%	4,6 k €	+1109%	377,1 €	-85.8%	2,7 k €
Debts	15 k €	+3.2%	14,5 k €	-0.1%	14,5 k €	+2.8%	14,1 k €	-1.1%	14,3 k €	-74.9%	56,8 k €	-99.0%	5,7 M €	+3978%	138,9 k €	+2.5%	135,5 k €	-45.1%	247 k €	+1.3%	243,8 k €	-0.3%	244,5 k €	-18.3%	299,1 k €	-6.2%	318,8 k €	+2712%	11,3 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Christophe DUBRULLE

Director · since 24 décembre 2020

Active

Ended mandates

Christophe Dubrulle

Manager · since 05 juin 2008

Ended

Christophe DUBRULLE

Director · since 05 juin 2008

Ended

Christophe Dubrulle

Manager

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	08/07/2026	27/06/2025	26/08/2024	27/06/2023	27/06/2022	26/08/2021
General meeting	23/06/2026	17/06/2025	04/06/2024	08/06/2023	25/06/2022	26/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

17 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	23/06/2026	08/07/2026	French	PDF
Abridged model	31/12/2024	17/06/2025	27/06/2025	French	PDF
Abridged model	31/12/2023	04/06/2024	26/08/2024	French	PDF
Abridged model	31/12/2022	08/06/2023	27/06/2023	French	PDF
Abridged model	31/12/2021	25/06/2022	27/06/2022	French	PDF
Abridged model	31/12/2020	26/06/2021	26/08/2021	French	PDF
Abridged model	31/12/2019	05/06/2020	30/06/2020	French	PDF
Abridged model	31/12/2018	29/06/2019	01/07/2019	French	PDF
Abridged model	31/12/2017	30/06/2018	12/07/2018	French	PDF
Abridged model	31/12/2016	28/06/2017	05/07/2017	French	PDF
Abridged model	31/12/2015	25/06/2016	27/06/2016	French	PDF
Abridged model	31/12/2014	27/06/2015	16/07/2015	French	PDF
Abridged model	31/12/2013	28/06/2014	28/07/2014	French	PDF
Abridged model	31/12/2012	29/06/2013	19/07/2013	French	PDF
Abridged model	31/12/2011	30/06/2012	16/07/2012	French	PDF
Abridged model	31/12/2010	25/06/2011	15/07/2011	French	PDF
Abridged model	31/12/2009	26/06/2010	28/06/2010	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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 · 1 active · 3 ended

Active mandates

Christophe DUBRULLE

Director · since 24 décembre 2020

Active

Ended mandates

Christophe Dubrulle

Manager · since 05 juin 2008

Ended

Christophe DUBRULLE

Director · since 05 juin 2008

Ended

Christophe Dubrulle

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates06/01/2021
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - SIEGE SOCIAL - DEMISSIONS, NOMINATIONS - CAPITAL, ACTIONS
PDF
Capital / shares24/01/2018
CAPITAL, ACTIONS
PDF
Other17/06/2008
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

2025
Annual accounts 20251,2 M €↑
2024
Annual accounts 202462,2 k €↑
2023
Annual accounts 202330 k €↑
2022
Annual accounts 2022-56,4 k €↓
2021
Annual accounts 20215 k €↓
2018
Annual accounts 201813,1 k €↓
2017
Annual accounts 20172,1 M €↑
2016
Annual accounts 2016-2,3 k €↓
2015
Annual accounts 2015-1,4 k €↓
2014
Annual accounts 2014-1,1 k €↓
2013
Annual accounts 20136,9 M €↑
2012
Annual accounts 2012454 k €↑
2011
Annual accounts 2011446,9 k €↑
2010
Annual accounts 2010434,5 k €↓
2009
Annual accounts 2009596,7 k €
06/06/2008
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

CODU 08

Overview

What does CODU 08 do?

Trend over 15 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline