Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 8 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
CODISCO from Brussel, company number BE0415339053, closed financial year 2025 with a result of € 48,288 after tax. For that financial year CODISCO recorded a gross margin of € 74,936 and equity of € -817,709. Compared with financial year 2024, the result moved from € 344,929 to € 48,288. The company is profitable. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ -817,709
▲ € 48,288 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 48,288
▼ 86% vs 2024
Profit after tax over the fiscal year.
€ 101,024
▲ 143% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -1.2 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 42,002 | € 8,241 | € 519,636 | € 74,936 | ▼ 86% |
| Profit after taxes | € -143,666 | € -173,725 | € 344,929 | € 48,288 | ▼ 86% |
| Equity | € -1,037,200 | € -1,210,925 | € -865,997 | € -817,709 | ▲ € 48,288 |
| Total debts | € 1,064,028 | € 1,147,014 | € 1,244,507 | € 1,244,507 | |
| Cash | € 27,872 | € 17,208 | € 41,606 | € 101,024 | ▲ 143% |
| Land & buildings | € 392,929 | € 362,868 | € 332,806 | € 322,576 | ▼ 3% |
| Retained profit | € -1,390,449 | € -1,564,174 | € -1,219,245 | € -1,170,957 | ▲ € 48,288 |
| Bank debt | € 50,000 | € 50,612 | € 0 | € 0 | |
| Balance sheet total | € 514,556 | € 387,281 | € 378,510 | € 426,798 | ▲ 13% |
Key figures of CODISCO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to CODISCO?
What happened at CODISCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 48,288 (▼ 86% vs 2024). filed late Source: NBB ↗
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 143,666 loss in 2022 to € 48,288 profit in 2025.
Best year ever: 2024, with € 344,929 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind CODISCO are ISABELLE VERBRUGGEN, SYLVIE VERBRUGGEN and JEAN CHARLES VERBRUGGEN. The same people are also behind SOCIETE AUTONOME DE CONSTRUCTION. ISABELLE VERBRUGGEN is also behind WEL BELGIUM and BYBLOS BUILDING COMPANY.
Directors
According to the 2025 annual accounts
ISABELLE VERBRUGGEN
Director
Also active at: WEL BELGIUM, BYBLOS BUILDING COMPANY, SOCIETE AUTONOME DE CONSTRUCTION
Establishments
Establishment units
Physical locations of this company
Kloosterdreef 7
1000 Brussel
Elsense Steenweg 148
1050 Elsene
Active since 1 August 1975
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0415.339.053
- VAT number
- BE 0415.339.053
- Registered office
- Kloosterdreef 7, 1000 Brussel
- Names & denominations
- CODISCO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 June 1975
- Peppol
- Active · Active since 12 Dec 2025