Active · per the CBE, 29 October 2026

CODIT

BE0471349823

Rechtspersoon Private limited company 1 establishment

CODIT is a research organisation in Gent. Private Limited, started on 3 March 2000, 1 establishment.

Gaston Crommenlaan 14 box 301, 9050 Gent

Behind the company: Leo Eelen, Codit Holding BV.

Active for

26 year, 7 months

Financials

Financial year 2025

CODIT from Gent, company number BE0471349823, closed financial year 2025 with a result of € -3,176 after tax. For that financial year CODIT recorded revenue of € 14.4 million and equity of € 3.8 million. Compared with financial year 2024, the result moved from € 516,444 to € -3,176. 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 June 22, 2026.

What it is worth Healthy

€ 3.8 million

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

Loss Caution

€ -3,176

▼ still € 516,444 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 3.1 million

▲ € 3.1 million 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 € 3.8 million.

People and assets in 2025

Full-time equivalents

54.1

▼ 7.8 vs 2024

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

Wage cost

€ 4.9 million

▼ 11% vs 2024

€ 90,800 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.

Debts at end 2025

Bank debt

None

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

Owed to suppliers

€ 1.5 million

▲ 102% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 57 days on average.

Taxes and wages

€ 730,393

▲ 7% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Revenue € 12,616,525 € 13,533,756 € 13,531,519 € 14,359,839 ▲ 6%
Profit after taxes € 1,139,110 € 1,318,604 € 516,444 € -3,176 ▼ € 519,620
Equity € 1,942,183 € 3,260,787 € 3,777,231 € 3,774,055
Total debts € 2,629,167 € 2,255,708 € 1,689,903 € 2,379,339 ▲ 41%
Cash € 1,984 € 64 € 2,954 € 3,085,314 ▲ € 3.1 million
Retained profit € 1,923,433 € 3,242,037 € 3,758,481 € 3,755,305
Dividend € 1,000,000 € 0 € 0 € 0
Balance sheet total € 4,571,350 € 5,516,495 € 5,467,134 € 6,153,395 ▲ 13%
Employees (FTE) 57.2 56.6 61.9 54.1 ▼ 7.8

Key figures of CODIT, 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 CODIT?

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

  • New annual accounts for financial year 2025: loss of € 3,176 (▼ € 519,620 vs 2024). Source: NBB ↗
  • Leo Eelen became a director. NBB
  • New establishment in Gent. KBO
  • Start of the company according to the CBE. KBO

In short

From € 1.1 million profit in 2022 to € 3,176 loss in 2025.

Paid € 1.4 million in corporate taxes since 2022.

Best year ever: 2023, with € 1.3 million profit.

Paid out € 1 million in dividends to the owners in total.

Management

Behind CODIT are Leo Eelen and Codit Holding BV. The shares are held by Codit Holding (99.9%) and Codit Managed Services (0.1%).

Directors

According to the 2025 annual accounts

since 2024

Codit Holding BV

Director · represented by Yashfeen Saiyid

Shareholders

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Gaston Crommenlaan 14 box 301

9050 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 →

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

Details

Company number
0471.349.823
VAT number
BE 0471.349.823
Registered office
Gaston Crommenlaan 14 bus 301, 9050 Gent
Names & denominations
CODIT
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
3 March 2000
Peppol
Active · Active since 1 Jan 2001
Activities · NACE

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Frequently asked questions

What does CODIT do?
CODIT is a research organisation in Gent. Private Limited, started on 3 March 2000, 1 establishment.
What is the address of CODIT?
The registered office of CODIT is located at Gaston Crommenlaan 14 box 301, 9050 Gent.
Is CODIT still active?
Yes. According to the CBE (29 October 2026) CODIT is active, legal situation “Normale toestand”, started on 3 March 2000.
Is CODIT registered on Peppol?
Yes, CODIT is registered on the Peppol network with ID 0208:0471349823.
What is the enterprise number of CODIT?
The enterprise number of CODIT is BE0471349823.
When was CODIT founded?
CODIT was founded on 3 March 2000.