Financials
Financial year 2025
CODELA from Waterloo, company number BE0429613394, closed financial year 2025 with a result of € 96,304 after tax. For that financial year CODELA recorded a gross margin of € 159,898 and equity of € 2.6 million. Compared with financial year 2024, the result moved from € 134,988 to € 96,304. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 9, 2026.
€ 2.6 million
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 96,304
▼ 29% vs 2024
Profit after tax over the fiscal year.
€ 127,865
▲ 35% 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 € 2.6 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 32,178
▼ 13% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 15,949
▼ 32% vs 2024
Loans from banks and other lenders, long and short.
€ 6,612
▲ 41% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 24,445
▼ 26% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 272,827 | € 270,406 | € 137,086 | € 159,898 | ▲ 17% |
| Profit after taxes | € 132,738 | € 187,510 | € 134,988 | € 96,304 | ▼ 29% |
| Equity | € 2,277,414 | € 2,416,517 | € 2,551,504 | € 2,647,808 | ▲ 4% |
| Total debts | € 350,930 | € 126,914 | € 103,112 | € 90,426 | ▼ 12% |
| Cash | € 245,426 | € 183,669 | € 94,890 | € 127,865 | ▲ 35% |
| Land & buildings | € 683,692 | € 654,358 | € 637,080 | € 607,399 | ▼ 5% |
| Retained profit | € 2,245,414 | € 2,384,517 | € 2,519,504 | € 2,615,808 | ▲ 4% |
| Dividend | € 273,000 | € 48,407 | € 0 | € 0 | |
| Bank debt | € 33,333 | € 25,000 | € 23,384 | € 15,949 | ▼ 32% |
| Balance sheet total | € 2,628,344 | € 2,543,431 | € 2,654,617 | € 2,738,234 | ▲ 3% |
Key figures of CODELA, 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 CODELA?
What happened at CODELA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 96,304 (▼ 29% vs 2024). filed late Source: NBB ↗
- New establishment in Waterloo. KBO
- Start of the company according to the CBE. KBO
In short
From € 132,738 profit in 2022 to € 96,304 profit in 2025.
Paid € 325,705 in corporate taxes since 2022.
Best year ever: 2023, with € 187,510 profit.
Paid out € 321,407 in dividends to the owners in total.
Management
Behind CODELA are Philippe Cleda and Jeanine Delaere.
Directors
According to the 2025 annual accounts
Philippe Cleda
Director
Jeanine Delaere
Director
Establishments
Establishment units
Physical locations of this company
Chaussée Bara 303
1410 Waterloo
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0429.613.394
- VAT number
- BE 0429.613.394
- Registered office
- Chaussée Bara 303, 1410 Waterloo
- Names & denominations
- CODELA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 October 1986
- Peppol
- Active · Active since 7 Apr 2025