CODEMA is a wholesaler in Lokeren. Public Limited, started on 31 December 1973, 1 establishment.

What is the address of CODEMA?

The registered office of CODEMA is located at Wolfsakker 7, 9160 Lokeren.

Is CODEMA still active?

Yes. According to the CBE (29 October 2026) CODEMA is active, legal situation “Normale toestand”, started on 31 December 1973.

Is CODEMA registered on Peppol?

Yes, CODEMA is registered on the Peppol network with ID 0208:0413897713.

What is the enterprise number of CODEMA?

The enterprise number of CODEMA is BE0413897713.

When was CODEMA founded?

CODEMA was founded on 31 December 1973.

Who are the directors of CODEMA?

According to the 2024 annual accounts, the directors of CODEMA are: AURELIUS IV GER AcquiCo Five GmbH, Carl Kerckaert.

Is CODEMA a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 31 December 1973; 4 annual accounts filed, latest fiscal year 2024; 2 directors known from the annual account.

How much profit did CODEMA make in 2024?

CODEMA recorded a loss after taxes of € 1,235,283 in financial year 2024.

What is the revenue of CODEMA?

As a small company, CODEMA is not required to publish revenue in its annual accounts. In financial year 2024, its added value was € 185,580.

How much does an employee at CODEMA earn?

The average wage cost per full-time employee at CODEMA was € 74,300 in 2024: staff costs of € 802,229 for 10.8 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does CODEMA have?

According to the 2024 annual accounts, CODEMA has 10.8 full-time equivalents (FTE).

CODEMA (Public Limited) - Lokeren - BE0413897713

Dossier CODEMA, printed on 29 October 2026 from databakkes.be/en/0413897713/codema. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 56 % of short-term debt in 2024; threshold 65 %.
Late annual account NBB

Fiscal year 2024 was filed 252 days after the legal deadline.

Financials

Financial year 2024

CODEMA from Lokeren, company number BE0413897713, closed financial year 2024 with a result of € -1.2 million after tax. For that financial year CODEMA recorded a gross margin of € 185,580 and equity of € 344,022. Compared with financial year 2023, the result moved from € 18,797 to € -1.2 million. The company made a loss. The buffer shrank hard: equity is 79 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 9, 2026.

What it is worth Shrank hard

€ 344,022

▼ 79% vs 2023

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -1.2 million

▼ still € 18,797 profit in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 175,789

▼ 42% vs 2023

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 282,022.

People and assets in 2024

Full-time equivalents

10.8

▲ 0.1 vs 2023

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 802,229

▲ 27% vs 2023

€ 74,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 9,755

▼ 52% vs 2023

Book value of vehicles, furniture and equipment.

Debts at end 2024

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 608,093

▲ 6% vs 2023

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 207,570

▲ 2% vs 2023

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2021	2022	2023	2024	Change 2023 → 2024
Gross margin	€ 941,697 Gross margin 2021: € 941,697 First fiscal year in the series	€ 919,788 Gross margin 2022: € 919,788 ▼ 2% vs 2021 (€ 941,697) Unfavourable step	€ 687,729 Gross margin 2023: € 687,729 ▼ 25% vs 2022 (€ 919,788) Unfavourable step	€ 185,580 Gross margin 2024: € 185,580 ▼ 73% vs 2023 (€ 687,729) Unfavourable step	▼ 73%
Profit after taxes	€ 163,623 Profit after taxes 2021: € 163,623 First fiscal year in the series	€ 90,224 Profit after taxes 2022: € 90,224 ▼ 45% vs 2021 (€ 163,623) Unfavourable step	€ 18,797 Profit after taxes 2023: € 18,797 ▼ 79% vs 2022 (€ 90,224) Unfavourable step	€ -1,235,283 Profit after taxes 2024: € -1,235,283 ▼ € 1.3 million vs 2023 (€ 18,797) Unfavourable step	▼ € 1.3 million
Equity	€ 1,520,284 Equity 2021: € 1,520,284 First fiscal year in the series	€ 1,610,508 Equity 2022: € 1,610,508 ▲ 6% vs 2021 (€ 1,520,284) Favourable step	€ 1,629,305 Equity 2023: € 1,629,305 ▲ 1% vs 2022 (€ 1,610,508) Favourable step	€ 344,022 Equity 2024: € 344,022 ▼ 79% vs 2023 (€ 1,629,305) Unfavourable step	▼ 79%
Total debts	€ 1,158,317 Total debts 2021: € 1,158,317 First fiscal year in the series	€ 1,054,633 Total debts 2022: € 1,054,633 ▼ 9% vs 2021 (€ 1,158,317) Favourable step	€ 785,611 Total debts 2023: € 785,611 ▼ 26% vs 2022 (€ 1,054,633) Favourable step	€ 815,662 Total debts 2024: € 815,662 ▲ 4% vs 2023 (€ 785,611) Unfavourable step	▲ 4%
Cash	€ 411,965 Cash 2021: € 411,965 First fiscal year in the series	€ 441,756 Cash 2022: € 441,756 ▲ 7% vs 2021 (€ 411,965) Favourable step	€ 301,183 Cash 2023: € 301,183 ▼ 32% vs 2022 (€ 441,756) Unfavourable step	€ 175,789 Cash 2024: € 175,789 ▼ 42% vs 2023 (€ 301,183) Unfavourable step	▼ 42%
Retained profit	€ 1,458,284 Retained profit 2021: € 1,458,284 First fiscal year in the series	€ 1,548,508 Retained profit 2022: € 1,548,508 ▲ 6% vs 2021 (€ 1,458,284) Favourable step	€ 1,567,305 Retained profit 2023: € 1,567,305 ▲ 1% vs 2022 (€ 1,548,508) Favourable step	€ 282,022 Retained profit 2024: € 282,022 ▼ 82% vs 2023 (€ 1,567,305) Unfavourable step	▼ 82%
Dividend	€ 0 Dividend 2021: € 0 First fiscal year in the series	€ 0 Dividend 2022: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 50,000 Dividend 2024: € 50,000 Unchanged (€ 0) Unchanged
Bank debt	€ 182,651 Bank debt 2021: € 182,651 First fiscal year in the series	€ 140,183 Bank debt 2022: € 140,183 ▼ 23% vs 2021 (€ 182,651) Favourable step	€ 8,525 Bank debt 2023: € 8,525 ▼ 94% vs 2022 (€ 140,183) Favourable step	€ 0 Bank debt 2024: € 0 ▼ 100% vs 2023 (€ 8,525) Favourable step	▼ 100%
Balance sheet total	€ 2,678,601 Balance sheet total 2021: € 2,678,601 First fiscal year in the series	€ 2,665,141 Balance sheet total 2022: € 2,665,141 ▼ 1% vs 2021 (€ 2,678,601) Unchanged	€ 2,414,916 Balance sheet total 2023: € 2,414,916 ▼ 9% vs 2022 (€ 2,665,141) Unchanged	€ 1,159,684 Balance sheet total 2024: € 1,159,684 ▼ 52% vs 2023 (€ 2,414,916) Unchanged	▼ 52%
Employees (FTE)	10.9 Employees (FTE) 2021: 10.9 First fiscal year in the series	10.9 Employees (FTE) 2022: 10.9 Unchanged (10.9) Unchanged	10.7 Employees (FTE) 2023: 10.7 ▼ 0.2 vs 2022 (10.9) Unchanged	10.8 Employees (FTE) 2024: 10.8 ▲ 0.1 vs 2023 (10.7) Unchanged	▲ 0.1

Key figures of CODEMA, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.

What happened to CODEMA?

What happened at CODEMA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2030 AURELIUS IV GER AcquiCo Five GmbH stepped down as director. NBB
2030 Carl Kerckaert stepped down as director. NBB
Apr 9, 2026 New annual accounts for financial year 2024: loss of € 1.2 million (▼ € 1.3 million vs 2023). filed late Source: NBB ↗
2025 AURELIUS IV GER AcquiCo Five GmbH became a director. NBB
2024 Carl Kerckaert became a director. NBB
Jan 1, 1974 New establishment in Lokeren. KBO
Dec 31, 1973 Start of the company according to the CBE. KBO

In short

From € 163,623 profit in 2021 to € 1.2 million loss in 2024.

Paid € 96,915 in corporate taxes since 2021.

Best year ever: 2021, with € 163,623 profit.

On average € 17,200 of value added per employee in 2024.

Original PDFs at the National Bank ↗

Management

Directors

According to the 2024 annual accounts

AURELIUS IV GER AcquiCo Five GmbH

Director · represented by Bart Vissinga

since 2025 · until 2030

Carl Kerckaert

Director

Also active at: KERCKAERT & LABOROR, Archie & K

since 2024 · until 2030

Establishments

Establishment units

Physical locations of this company

Registered office

Wolfsakker 7

9160 Lokeren

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

KERCKAERT & LABOROR same network

€ 2.9 million gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0413.897.713

VAT number

BE 0413.897.713

Registered office

Wolfsakker 7, 9160 Lokeren

Names & denominations

CODEMA

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

31 December 1973

Peppol

Active · Active since 23 Dec 2025

Activities · NACE

Groothandel in farmaceutische en medische artikelen

Overige groothandel

Niet-gespecialiseerde groothandel

Vervaardiging van bestralingsapparatuur en van elektromedische en elektrotherapeutische apparatuur

View on CBE Public ↗ Annual accounts (NBB) ↗