Financials
Financial year 2025
KODEVA from Torhout, company number BE0424574443, closed financial year 2025 with a result of € -430 after tax. For that financial year KODEVA recorded a gross margin of € -12,789 and equity of € 2 million. Compared with financial year 2024, the result moved from € 1.6 million to € -430. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 3, 2026.
€ 2 million
▼ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -430
▼ still € 1.6 million profit in 2024
Profit after tax over the fiscal year.
€ 223,968
▲ 31% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.7 million.
People and assets in 2025
0.5
▼ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 17,975
▲ 21% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 222,591
▼ 38% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 121,290
▲ 4% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 197,299 | € 287,759 | € 2,348,845 | € -12,789 | ▼ € 2.4 million |
| Profit after taxes | € 144,344 | € 200,314 | € 1,629,102 | € -430 | ▼ € 1.6 million |
| Equity | € 474,489 | € 526,774 | € 2,155,876 | € 1,958,505 | ▼ 9% |
| Total debts | € 2,089,022 | € 438,886 | € 477,288 | € 343,882 | ▼ 28% |
| Cash | € 439,940 | € 303,406 | € 171,592 | € 223,968 | ▲ 31% |
| Land & buildings | € 337,513 | € 328,749 | € 0 | - | |
| Retained profit | € 224,489 | € 276,774 | € 1,905,876 | € 1,708,505 | ▼ 10% |
| Dividend | € 0 | € 148,028 | € 0 | € 196,941 | |
| Bank debt | € 400,000 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 2,712,875 | € 1,093,087 | € 2,674,564 | € 2,336,912 | ▼ 13% |
| Employees (FTE) | 1 | 0.5 | 0.7 | 0.5 | ▼ 0.2 |
Key figures of KODEVA, 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 KODEVA?
What happened at KODEVA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 430 (▼ € 1.6 million vs 2024). Source: NBB ↗
- Frans Decorte became a director. NBB
- New establishment in Torhout. KBO
- Start of the company according to the CBE. KBO
In short
From € 144,344 profit in 2022 to € 430 loss in 2025.
Paid € 846,337 in corporate taxes since 2022.
Best year ever: 2024, with € 1.6 million profit.
On average € 197,300 of value added per employee in 2022.
Management
Behind KODEVA is Frans Decorte. Frans Decorte is also behind Wed. Decorte en kinders.
Directors
According to the 2025 annual accounts
since 2024
Establishments
Establishment units
Physical locations of this company
Kortemarkstraat 193
8820 Torhout
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0424.574.443
- VAT number
- BE 0424.574.443
- Registered office
- Kortemarkstraat 193, 8820 Torhout
- Names & denominations
- KODEVA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 August 1983
- Peppol
- Active · Active since 30 Jun 2025
- Activities · NACE
Ondersteunende activiteiten in verband met de teelt van gewassen
Diensten in verband met de landbouw; aanleg en onderhoud van tuinen en parken
Gemengd landbouwbedrijf
Groothandel in levende dieren
Groothandel in akkerbouwproducten en veevoeders, algemeen assortiment
Groothandel in levend vee
Groothandel in granen, zaden en diervoeders