Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 42 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Codeq from Anzegem, company number BE0432896746, closed financial year 2025 with a result of € 20,086 after tax. For that financial year Codeq recorded a gross margin of € 37,885 and equity of € 75,241. Compared with financial year 2024, the result moved from € 27,262 to € 20,086. 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 June 4, 2026.
€ 75,241
▲ 36% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 20,086
▼ 26% vs 2024
Profit after tax over the fiscal year.
€ 21,347
▲ 17% 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 € -248,080.
People and assets in 2025
€ 4,122
▼ 49% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1,365
▼ 80% vs 2024
Loans from banks and other lenders, long and short.
€ 31,389
▼ 28% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,448
▲ € 3,373 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 36,864 | € 2,618 | € 44,062 | € 37,885 | ▼ 14% |
| Profit after taxes | € 23,932 | € -9,331 | € 27,262 | € 20,086 | ▼ 26% |
| Equity | € 53,224 | € 43,893 | € 55,155 | € 75,241 | ▲ 36% |
| Total debts | € 95,103 | € 86,325 | € 72,851 | € 53,112 | ▼ 27% |
| Cash | € 35,872 | € 20,737 | € 18,262 | € 21,347 | ▲ 17% |
| Land & buildings | € 111,155 | € 105,578 | € 100,000 | € 100,000 | |
| Retained profit | € -270,097 | € -279,428 | € -268,166 | € -248,080 | ▲ € 20,086 |
| Dividend | € 16,000 | € 0 | € 16,000 | € 0 | ▼ 100% |
| Bank debt | € 17,263 | € 12,060 | € 6,761 | € 1,365 | ▼ 80% |
| Balance sheet total | € 148,327 | € 130,218 | € 128,006 | € 128,353 |
Key figures of Codeq, 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 Codeq?
What happened at Codeq in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 20,086 (▼ 26% vs 2024). Source: NBB ↗
- New establishment in Waregem. KBO
- Start of the company according to the CBE. KBO
In short
From € 23,932 profit in 2022 to € 20,086 profit in 2025.
Paid € 10,571 in corporate taxes since 2022.
Best year ever: 2024, with € 27,262 profit.
Paid out € 32,000 in dividends to the owners in total.
A new publication or filing at Codeq? We notify you, reason included.
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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 Codeq are Christelle Declercq and Joseph Declercq. The same people are also behind DECLERCQ JOZEF & C°.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Warandedreef 3
8573 Anzegem
Deerlijkseweg 25
8790 Waregem
Active since 11 January 1988
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
- 0432.896.746
- VAT number
- BE 0432.896.746
- Registered office
- Warandedreef 3, 8573 Anzegem
- Names & denominations
- Codeq
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 December 1987
- Peppol
- Active · Active since 18 Dec 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen