Financials
Financial year 2024
CODULEC from Braine-le-Comte, company number BE0430697024, closed financial year 2024 with a result of € 86,752 after tax. For that financial year CODULEC recorded a gross margin of € 201,175 and equity of € 214,967. Compared with financial year 2023, the result moved from € 69,652 to € 86,752. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2025.
€ 214,967
▲ 68% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 86,752
▲ 25% vs 2023
Profit after tax over the fiscal year.
€ 146,219
▲ € 125,507 vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 152,967.
People and assets in 2024
€ 6,278
▼ 14% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 253,657
▲ 69% vs 2023
€ 37,062 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 1.5 million
▲ 3% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 58,300
▲ 5% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 1,811,873 | - | - | - | |
| Gross margin | € 43,424 | € 161,302 | € 116,799 | € 201,175 | ▲ 72% |
| Profit after taxes | € -16,521 | € 112,052 | € 69,652 | € 86,752 | ▲ 25% |
| Equity | € -53,491 | € 58,562 | € 128,214 | € 214,967 | ▲ 68% |
| Total debts | € 1,957,776 | € 1,613,167 | € 2,303,425 | € 2,469,707 | ▲ 7% |
| Cash | € 42,225 | € 12,451 | € 20,712 | € 146,219 | ▲ € 125,507 |
| Land & buildings | € 39,339 | € 22,341 | € 19,331 | € 54,106 | ▲ 180% |
| Retained profit | € -115,491 | € -3,438 | € 66,214 | € 152,967 | ▲ 131% |
| Bank debt | € 723,430 | € 651,465 | € 150,000 | € 253,657 | ▲ 69% |
| Balance sheet total | € 1,904,285 | € 1,671,728 | € 2,431,639 | € 2,684,674 | ▲ 10% |
Key figures of CODULEC, 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 CODULEC?
What happened at CODULEC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Chantal LECLERCQ stepped down as director. NBB
- Christine DUCHEMIN stepped down as director. NBB
- Damien MATHYS stepped down as director. NBB
- New annual accounts for financial year 2024: profit of € 86,752 (▲ 25% vs 2023). filed late Source: NBB ↗
- Chantal LECLERCQ became a director. NBB
- Christine DUCHEMIN became a director. NBB
- Damien MATHYS became a director. NBB
- New establishment in Braine-le-Comte. KBO
In short
From € 16,521 loss in 2021 to € 86,752 profit in 2024.
Paid € 34,877 in corporate taxes since 2021.
Best year ever: 2022, with € 112,052 profit.
Management
Directors
According to the 2024 annual accounts
Chantal LECLERCQ
Managing director
since 2023 · until 2029
Christine DUCHEMIN
Managing director
since 2023 · until 2029
Damien MATHYS
Director
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Rue des Prés 5B
7090 Braine-le-Comte
Rue des Prés 5 B
7090 Braine-le-Comte
Active since 21 January 1993
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0430.697.024
- VAT number
- BE 0430.697.024
- Registered office
- Rue des Prés 5B, 7090 Braine-le-Comte
- Names & denominations
- CODULEC
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 10 March 1987
- Peppol
- Active · Active since 20 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