What does CODAGEX do?

CODAGEX is filed with the CBE under the catch-all “Niet-gespecialiseerde groothandel”. Also registered: wholesaler. Public Limited, started on 10 January 1990, 1 establishment.

What is the address of CODAGEX?

The registered office of CODAGEX is located at Zandbergen 105, 2480 Dessel.

Is CODAGEX still active?

Yes. According to the CBE (29 October 2026) CODAGEX is active, legal situation “Normale toestand”, started on 10 January 1990.

Is CODAGEX registered on Peppol?

Yes, CODAGEX is registered on the Peppol network with ID 0208:0439312505.

What is the enterprise number of CODAGEX?

The enterprise number of CODAGEX is BE0439312505.

When was CODAGEX founded?

CODAGEX was founded on 10 January 1990.

Who are the directors of CODAGEX?

According to the 2025 annual accounts, the directors of CODAGEX are: FULL GAS BV.

Is CODAGEX a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 10 January 1990; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did CODAGEX make in 2025?

CODAGEX posted a profit after taxes of € 132,286 in financial year 2025.

What is the revenue of CODAGEX?

In its most recent annual accounts (2025), CODAGEX reported revenue of € 15,980,164.

How much does an employee at CODAGEX earn?

The average wage cost per full-time employee at CODAGEX was € 81,800 in 2025: staff costs of € 875,259 for 10.7 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does CODAGEX have?

According to the 2025 annual accounts, CODAGEX has 10.7 full-time equivalents (FTE).

CODAGEX (Public Limited) - Dessel - BE0439312505

Dossier CODAGEX, printed on 29 October 2026 from databakkes.be/en/0439312505/codagex. 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.

Tight liquidity NBB

Cash and receivables cover 50 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

CODAGEX from Dessel, company number BE0439312505, closed financial year 2025 with a result of € 132,286 after tax. For that financial year CODAGEX recorded revenue of € 16 million and equity of € 2.8 million. Compared with financial year 2024, the result moved from € 120,353 to € 132,286. Profitable, and profit is growing. 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 17, 2026.

What it is worth Growing

€ 2.8 million

▲ 5% vs 2024

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

Profit Growing

€ 132,286

▲ 10% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 344,269

▼ 67% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 576,591.

People and assets in 2025

Full-time equivalents

10.7

▲ 0.6 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 2.1 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 875,259

▲ 15% vs 2024

€ 81,800 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 20,946

▼ 53% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 2 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 1.1 million

▼ 44% vs 2024

€ 157,498 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 502,947

▲ 88% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 12 days on average.

Taxes and wages

€ 232,995

▲ 117% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 14,658,274 Revenue 2022: € 14,658,274 First fiscal year in the series	€ 14,971,446 Revenue 2023: € 14,971,446 ▲ 2% vs 2022 (€ 14,658,274) Favourable step	€ 15,191,215 Revenue 2024: € 15,191,215 ▲ 1% vs 2023 (€ 14,971,446) Favourable step	€ 15,980,164 Revenue 2025: € 15,980,164 ▲ 5% vs 2024 (€ 15,191,215) Favourable step	▲ 5%
Profit after taxes	€ 289,102 Profit after taxes 2022: € 289,102 First fiscal year in the series	€ 104,881 Profit after taxes 2023: € 104,881 ▼ 64% vs 2022 (€ 289,102) Unfavourable step	€ 120,353 Profit after taxes 2024: € 120,353 ▲ 15% vs 2023 (€ 104,881) Favourable step	€ 132,286 Profit after taxes 2025: € 132,286 ▲ 10% vs 2024 (€ 120,353) Favourable step	▲ 10%
Equity	€ 2,676,448 Equity 2022: € 2,676,448 First fiscal year in the series	€ 2,677,328 Equity 2023: € 2,677,328 Unchanged (€ 2,676,448) Favourable step	€ 2,697,681 Equity 2024: € 2,697,681 ▲ 1% vs 2023 (€ 2,677,328) Favourable step	€ 2,829,967 Equity 2025: € 2,829,967 ▲ 5% vs 2024 (€ 2,697,681) Favourable step	▲ 5%
Total debts	€ 2,966,422 Total debts 2022: € 2,966,422 First fiscal year in the series	€ 2,840,560 Total debts 2023: € 2,840,560 ▼ 4% vs 2022 (€ 2,966,422) Favourable step	€ 2,557,916 Total debts 2024: € 2,557,916 ▼ 10% vs 2023 (€ 2,840,560) Favourable step	€ 1,964,380 Total debts 2025: € 1,964,380 ▼ 23% vs 2024 (€ 2,557,916) Favourable step	▼ 23%
Cash	€ 1,108,434 Cash 2022: € 1,108,434 First fiscal year in the series	€ 555,748 Cash 2023: € 555,748 ▼ 50% vs 2022 (€ 1,108,434) Unfavourable step	€ 1,058,648 Cash 2024: € 1,058,648 ▲ 90% vs 2023 (€ 555,748) Favourable step	€ 344,269 Cash 2025: € 344,269 ▼ 67% vs 2024 (€ 1,058,648) Unfavourable step	▼ 67%
Land & buildings	-	-	-	€ 3,042 Land & buildings 2025: € 3,042 First fiscal year in the series
Retained profit	€ 423,072 Retained profit 2022: € 423,072 First fiscal year in the series	€ 423,953 Retained profit 2023: € 423,953 Unchanged (€ 423,072) Favourable step	€ 444,305 Retained profit 2024: € 444,305 ▲ 5% vs 2023 (€ 423,953) Favourable step	€ 576,591 Retained profit 2025: € 576,591 ▲ 30% vs 2024 (€ 444,305) Favourable step	▲ 30%
Dividend	€ 1,792,000 Dividend 2022: € 1,792,000 First fiscal year in the series	€ 104,000 Dividend 2023: € 104,000 ▼ 94% vs 2022 (€ 1,792,000) Unchanged	€ 100,000 Dividend 2024: € 100,000 ▼ 4% vs 2023 (€ 104,000) Unchanged	€ 0 Dividend 2025: € 0 ▼ 100% vs 2024 (€ 100,000) Unchanged	▼ 100%
Bank debt	€ 1,500,000 Bank debt 2022: € 1,500,000 First fiscal year in the series	€ 2,039,729 Bank debt 2023: € 2,039,729 ▲ 36% vs 2022 (€ 1,500,000) Unfavourable step	€ 1,956,324 Bank debt 2024: € 1,956,324 ▼ 4% vs 2023 (€ 2,039,729) Favourable step	€ 1,101,756 Bank debt 2025: € 1,101,756 ▼ 44% vs 2024 (€ 1,956,324) Favourable step	▼ 44%
Balance sheet total	€ 5,871,422 Balance sheet total 2022: € 5,871,422 First fiscal year in the series	€ 5,517,889 Balance sheet total 2023: € 5,517,889 ▼ 6% vs 2022 (€ 5,871,422) Unchanged	€ 5,255,597 Balance sheet total 2024: € 5,255,597 ▼ 5% vs 2023 (€ 5,517,889) Unchanged	€ 4,794,347 Balance sheet total 2025: € 4,794,347 ▼ 9% vs 2024 (€ 5,255,597) Unchanged	▼ 9%
Employees (FTE)	12.6 Employees (FTE) 2022: 12.6 First fiscal year in the series	11.1 Employees (FTE) 2023: 11.1 ▼ 1.5 vs 2022 (12.6) Unchanged	10.1 Employees (FTE) 2024: 10.1 ▼ 1 vs 2023 (11.1) Unchanged	10.7 Employees (FTE) 2025: 10.7 ▲ 0.6 vs 2024 (10.1) Unchanged	▲ 0.6

Key figures of CODAGEX, 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 CODAGEX?

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

2029 FULL GAS BV stepped down as director. NBB
Jun 17, 2026 New annual accounts for financial year 2025: profit of € 132,286 (▲ 10% vs 2024). Source: NBB ↗
2025 FULL GAS BV became a director. NBB
Jan 18, 1990 New establishment in Dessel. KBO
Jan 10, 1990 Start of the company according to the CBE. KBO

In short

From € 289,102 profit in 2022 to € 132,286 profit in 2025.

Paid € 266,757 in corporate taxes since 2022.

Best year ever: 2022, with € 289,102 profit.

Paid out € 2 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

"FULL GAS" 100%

The stake of "FULL GAS" comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

CODAGEX

Codagex Nederland 100%

The shares are held by "FULL GAS" (100%). It owns 100% of Codagex Nederland itself.

Directors

According to the 2025 annual accounts

FULL GAS BV

Director · represented by Dimitri Leemans

Also active at: CODAGEX IMMO

since 2025 · until 2029

Shareholders

"FULL GAS"

100%

Participations

Codagex Nederland

100%

Establishments

Establishment units

Physical locations of this company

Registered office

Zandbergen 105

2480 Dessel

2.046.674.363

Zandbergen 10

2480 Dessel

Active since 18 January 1990

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 →

CDX Groep

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

Details

Company number

0439.312.505

VAT number

BE 0439.312.505

Registered office

Zandbergen 105, 2480 Dessel

Names & denominations

CODAGEX

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

10 January 1990

Peppol

Active · Active since 26 Dec 2025

Contact

[email protected]

Activities · NACE

Niet-gespecialiseerde groothandel

Overige groothandel

Groothandel in fietsen

Groothandel in sport- en kampeerartikelen, rijwielen en onderdelen en toebehoren daarvan, spellen en speelgoed

Groothandel in sport- en kampeerartikelen, met uitzondering van fietsen

View on CBE Public ↗ Annual accounts (NBB) ↗

CODAGEX

Warning lights

Financials

What happened to CODAGEX?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions