Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
Financials
Financial year 2025
CODEVI from Watermaal-Bosvoorde, company number BE0447434373, closed financial year 2025 with a result of € 38,191 after tax. For that financial year CODEVI recorded a gross margin of € 21,022 and equity of € -19,473. Compared with financial year 2024, the result moved from € 90,017 to € 38,191. The company is profitable. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2026.
€ -19,473
▲ € 38,191 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 38,191
▼ 58% vs 2024
Profit after tax over the fiscal year.
€ 31,438
▼ 32% 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 € -47,473.
People and assets in 2025
€ 2,249
▼ 96% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 7,310
▼ 11% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 3,762
▼ 21% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 21
▼ € 36,461 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 | € 95,235 | € 177,397 | € 185,017 | € 21,022 | ▼ 89% |
| Profit after taxes | € -62,527 | € -13,454 | € 90,017 | € 38,191 | ▼ 58% |
| Equity | € -120,292 | € -138,391 | € -57,664 | € -19,473 | ▲ € 38,191 |
| Total debts | € 300,820 | € 268,842 | € 207,454 | € 59,305 | ▼ 71% |
| Cash | € 99,495 | € 70,848 | € 46,261 | € 31,438 | ▼ 32% |
| Retained profit | € -162,227 | € -175,681 | € -85,664 | € -47,473 | ▲ € 38,191 |
| Balance sheet total | € 180,528 | € 130,451 | € 149,790 | € 39,831 | ▼ 73% |
Key figures of CODEVI, 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 CODEVI?
What happened at CODEVI in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 38,191 (▼ 58% vs 2024). Source: NBB ↗
- New establishment in Brussel. KBO
- Sandy EL CHALOUHI became a director. NBB
- Caroline EL CHALOUHI became a director. NBB
- Martine SARAFIAN became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 62,527 loss in 2022 to € 38,191 profit in 2025.
Paid € 26,749 in corporate taxes since 2022.
Best year ever: 2024, with € 90,017 profit.
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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 CODEVI are Martine SARAFIAN, Sandy EL CHALOUHI and Caroline EL CHALOUHI. Martine SARAFIAN is also behind MACASA.
Directors
According to the 2025 annual accounts
since 2001
Sandy EL CHALOUHI
Director
since 2015
Caroline EL CHALOUHI
Director
since 2015
Establishments
Establishment units
Physical locations of this company
Woudmeesterlaan 5
1170 Watermaal-Bosvoorde
Woudlaan 184
1000 Brussel
Active since 5 March 2020
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
- 0447.434.373
- VAT number
- BE 0447.434.373
- Registered office
- Woudmeesterlaan 5, 1170 Watermaal-Bosvoorde
- Names & denominations
- CODEVI
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 May 1992
- Peppol
- Active · Active since 16 Oct 2025
- Activities · NACE
Activiteiten van eetgelegenheden met volledige bediening
Eetgelegenheden met volledige bediening