Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
CO.DE.MA from Sint-Pieters-Woluwe, company number BE0460972506, closed financial year 2025 with a result of € 1.2 million after tax. For that financial year CO.DE.MA recorded a gross margin of € -148,890 and equity of € 17.9 million. Compared with financial year 2024, the result moved from € 360,293 to € 1.2 million. 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 July 31, 2026.
€ 17.9 million
▲ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.2 million
▲ 226% vs 2024
Profit after tax over the fiscal year.
€ 225,766
▲ 75% 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 € 2.9 million.
People and assets in 2025
€ 1,320
▼ 49% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 451,142
▼ 8% vs 2024
€ 41,543 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 48,283
▲ 23% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 89,678
▲ 149% 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 | € -215,647 | € -235,125 | € -134,040 | € -148,890 | ▼ € 14,850 |
| Profit after taxes | € -446,910 | € 850,387 | € 360,293 | € 1,173,106 | ▲ 226% |
| Equity | € 16,295,111 | € 16,474,498 | € 16,686,791 | € 17,859,897 | ▲ 7% |
| Total debts | € 580,676 | € 668,393 | € 576,396 | € 601,476 | ▲ 4% |
| Cash | € 1,700,256 | € 140,967 | € 129,079 | € 225,766 | ▲ 75% |
| Land & buildings | € 614,891 | € 616,227 | € 614,883 | € 613,539 | |
| Retained profit | € 1,351,108 | € 1,530,495 | € 1,742,788 | € 2,915,894 | ▲ 67% |
| Dividend | € 2,156,958 | € 671,000 | € 148,000 | € 0 | ▼ 100% |
| Bank debt | € 563,451 | € 527,492 | € 488,895 | € 451,142 | ▼ 8% |
| Balance sheet total | € 16,875,787 | € 17,142,891 | € 17,263,187 | € 18,461,373 | ▲ 7% |
Key figures of CO.DE.MA, 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 CO.DE.MA?
What happened at CO.DE.MA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1.2 million (▲ 226% vs 2024). Source: NBB ↗
- Lucian Steru became a director. NBB
- Dominique Hassid became a director. NBB
- New establishment in Sint-Pieters-Woluwe. KBO
- Start of the company according to the CBE. KBO
In short
From € 446,910 loss in 2022 to € 1.2 million profit in 2025.
Paid € 190,252 in corporate taxes since 2022.
Best year ever: 2025, with € 1.2 million profit.
Paid out € 3 million in dividends to the owners in total.
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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 CO.DE.MA are Lucian Steru and Dominique Hassid.
Directors
According to the 2025 annual accounts
Lucian Steru
Director
since 2020
Dominique Hassid
Director
since 2020
Establishments
Establishment units
Physical locations of this company
Sint-Janslaan 1
1150 Sint-Pieters-Woluwe
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0460.972.506
- VAT number
- BE 0460.972.506
- Registered office
- Sint-Janslaan 1, 1150 Sint-Pieters-Woluwe
- Names & denominations
- CO.DE.MA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 June 1997
- Peppol
- Not registered