What is the address of CODEPAL?

The registered office of CODEPAL is located at Kortrijksesteenweg 179, 9000 Gent.

Is CODEPAL still active?

Yes. According to the CBE (29 October 2026) CODEPAL is active, legal situation “Normale toestand”, started on 18 December 1987.

Is CODEPAL registered on Peppol?

No, CODEPAL is currently not registered on the Peppol network.

What is the enterprise number of CODEPAL?

The enterprise number of CODEPAL is BE0432881405.

When was CODEPAL founded?

CODEPAL was founded on 18 December 1987.

Who are the directors of CODEPAL?

According to the 2025 annual accounts, the directors of CODEPAL are: Paul Lefebvre, Ann Lefebvre, Jacqueline De Reuse.

Is CODEPAL a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 18 December 1987; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did CODEPAL make in 2025?

CODEPAL recorded a loss after taxes of € 11,299 in financial year 2025.

What is the revenue of CODEPAL?

As a small company, CODEPAL is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 31,589.

CODEPAL (Private Limited) - Gent - BE0432881405

Dossier CODEPAL, printed on 29 October 2026 from databakkes.be/en/0432881405/codepal. 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.

Two loss years in a row NBB

Negative result in 2024 and 2025.
Tight liquidity NBB

Cash and receivables cover 29 % of short-term debt in 2025; threshold 65 %.
Not on Peppol Peppol

Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.

Financials

Financial year 2025

CODEPAL from Gent, company number BE0432881405, closed financial year 2025 with a result of € -11,299 after tax. For that financial year CODEPAL recorded a gross margin of € 31,589 and equity of € 486,783. Compared with financial year 2024, the result moved from € -21,771 to € -11,299. 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 15, 2026.

What it is worth Healthy

€ 486,783

▼ 2% vs 2024

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

Loss Caution

€ -11,299

▲ 48 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 42,213

▼ 10% vs 2024

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 € -288,717.

Debts at end 2025

Bank debt

None

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

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 38,239 Gross margin 2022: € 38,239 First fiscal year in the series	€ 61,045 Gross margin 2023: € 61,045 ▲ 60% vs 2022 (€ 38,239) Favourable step	€ 23,057 Gross margin 2024: € 23,057 ▼ 62% vs 2023 (€ 61,045) Unfavourable step	€ 31,589 Gross margin 2025: € 31,589 ▲ 37% vs 2024 (€ 23,057) Favourable step	▲ 37%
Profit after taxes	€ -7,112 Profit after taxes 2022: € -7,112 First fiscal year in the series	€ 9,319 Profit after taxes 2023: € 9,319 ▲ € 16,430 vs 2022 (€ -7,112) Favourable step	€ -21,771 Profit after taxes 2024: € -21,771 ▼ € 31,090 vs 2023 (€ 9,319) Unfavourable step	€ -11,299 Profit after taxes 2025: € -11,299 ▲ € 10,472 vs 2024 (€ -21,771) Favourable step	▲ € 10,472
Equity	€ 145,535 Equity 2022: € 145,535 First fiscal year in the series	€ 519,854 Equity 2023: € 519,854 ▲ 257% vs 2022 (€ 145,535) Favourable step	€ 498,082 Equity 2024: € 498,082 ▼ 4% vs 2023 (€ 519,854) Unfavourable step	€ 486,783 Equity 2025: € 486,783 ▼ 2% vs 2024 (€ 498,082) Unfavourable step	▼ 2%
Total debts	€ 477,391 Total debts 2022: € 477,391 First fiscal year in the series	€ 154,652 Total debts 2023: € 154,652 ▼ 68% vs 2022 (€ 477,391) Favourable step	€ 149,630 Total debts 2024: € 149,630 ▼ 3% vs 2023 (€ 154,652) Favourable step	€ 158,701 Total debts 2025: € 158,701 ▲ 6% vs 2024 (€ 149,630) Unfavourable step	▲ 6%
Cash	€ 6,645 Cash 2022: € 6,645 First fiscal year in the series	€ 83,347 Cash 2023: € 83,347 ▲ € 76,702 vs 2022 (€ 6,645) Favourable step	€ 46,873 Cash 2024: € 46,873 ▼ 44% vs 2023 (€ 83,347) Unfavourable step	€ 42,213 Cash 2025: € 42,213 ▼ 10% vs 2024 (€ 46,873) Unfavourable step	▼ 10%
Land & buildings	€ 588,653 Land & buildings 2022: € 588,653 First fiscal year in the series	€ 585,881 Land & buildings 2023: € 585,881 Unchanged (€ 588,653) Unchanged	€ 598,598 Land & buildings 2024: € 598,598 ▲ 2% vs 2023 (€ 585,881) Unchanged	€ 600,260 Land & buildings 2025: € 600,260 Unchanged (€ 598,598) Unchanged
Retained profit	€ -264,965 Retained profit 2022: € -264,965 First fiscal year in the series	€ -255,646 Retained profit 2023: € -255,646 ▲ € 9,319 vs 2022 (€ -264,965) Favourable step	€ -277,418 Retained profit 2024: € -277,418 ▼ € 21,771 vs 2023 (€ -255,646) Unfavourable step	€ -288,717 Retained profit 2025: € -288,717 ▼ € 11,299 vs 2024 (€ -277,418) Unfavourable step	▼ € 11,299
Bank debt	€ 141,556 Bank debt 2022: € 141,556 First fiscal year in the series	€ 0 Bank debt 2023: € 0 ▼ 100% vs 2022 (€ 141,556) Favourable step	€ 0 Bank debt 2024: € 0 Unchanged (€ 0) Unchanged	€ 0 Bank debt 2025: € 0 Unchanged (€ 0) Unchanged
Balance sheet total	€ 622,925 Balance sheet total 2022: € 622,925 First fiscal year in the series	€ 674,506 Balance sheet total 2023: € 674,506 ▲ 8% vs 2022 (€ 622,925) Unchanged	€ 647,712 Balance sheet total 2024: € 647,712 ▼ 4% vs 2023 (€ 674,506) Unchanged	€ 645,484 Balance sheet total 2025: € 645,484 Unchanged (€ 647,712) Unchanged

Key figures of CODEPAL, 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 CODEPAL?

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

Jul 15, 2026 New annual accounts for financial year 2025: loss of € 11,299. Source: NBB ↗
Jan 6, 1988 New establishment in Gent. KBO
Dec 18, 1987 Start of the company according to the CBE. KBO

In short

From € 7,112 loss in 2022 to € 11,299 loss in 2025.

Best year ever: 2023, with € 9,319 profit.

Original PDFs at the National Bank ↗

Management

Paul Lefebvre Ann Lefebvre Jacqueline De Reuse

LAHAYE

LEFEBVRE

CODEPAL

IMMO NEUSENBERG

Behind CODEPAL are Paul Lefebvre, Ann Lefebvre and Jacqueline De Reuse. Paul Lefebvre is also behind LAHAYE and LEFEBVRE. Jacqueline De Reuse is also behind IMMO NEUSENBERG.

Directors

According to the 2025 annual accounts

Paul Lefebvre

Director

Also active at: LAHAYE, LEFEBVRE

Ann Lefebvre

Director

Jacqueline De Reuse

Director

Also active at: IMMO NEUSENBERG

Establishments

Establishment units

Physical locations of this company

Registered office

Kortrijksesteenweg 179

9000 Gent

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.

All companies at this address →

IMMO NEUSENBERG same network

€ 13,557 gross margin · 2025

PALDECO

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

Details

Company number: 0432.881.405
VAT number: BE 0432.881.405
Registered office: Kortrijksesteenweg 179, 9000 Gent
Names & denominations: CODEPAL
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Normale toestand
Start date: 18 December 1987
Peppol: Not registered

View on CBE Public ↗ Annual accounts (NBB) ↗

CODEPAL

Warning lights

Financials

What happened to CODEPAL?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions