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 28 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
15 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
KoDec Invest from Gent, company number BE0564790418, closed financial year 2025 with a result of € 14,141 after tax. For that financial year KoDec Invest recorded a gross margin of € 142,083 and equity of € 4 million. Compared with financial year 2024, the result moved from € 23,045 to € 14,141. 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 May 12, 2026.
€ 4 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 14,141
▼ 39% vs 2024
Profit after tax over the fiscal year.
€ 40,082
▼ 25% 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 € 451,954.
People and assets in 2025
€ 51,205
▼ 24% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.4 million
▼ 7% vs 2024
€ 111,482 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 12,520
▼ 71% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 20,345
▼ 18% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 357,086 | € 197,876 | € 153,221 | € 142,083 | ▼ 7% |
| Profit after taxes | € 24,007 | € 62,886 | € 23,045 | € 14,141 | ▼ 39% |
| Equity | € 3,872,882 | € 3,935,768 | € 3,958,813 | € 3,972,954 | |
| Total debts | € 1,899,432 | € 1,736,988 | € 1,684,158 | € 1,593,347 | ▼ 5% |
| Cash | € 168,281 | € 40,494 | € 53,093 | € 40,082 | ▼ 25% |
| Land & buildings | € 1,986,693 | € 1,944,172 | € 1,901,652 | € 1,862,954 | ▼ 2% |
| Retained profit | € 351,882 | € 414,768 | € 437,813 | € 451,954 | ▲ 3% |
| Bank debt | € 1,765,359 | € 1,651,237 | € 1,552,806 | € 1,443,438 | ▼ 7% |
| Balance sheet total | € 5,772,314 | € 5,672,755 | € 5,642,971 | € 5,566,301 | ▼ 1% |
Key figures of KoDec Invest, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to KoDec Invest?
What happened at KoDec Invest in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 14,141 (▼ 39% vs 2024). filed late Source: NBB ↗
- New establishment in Gent. KBO
- Koen Decourt became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 24,007 profit in 2022 to € 14,141 profit in 2025.
Paid € 65,014 in corporate taxes since 2022.
Best year ever: 2023, with € 62,886 profit.
A new publication or filing at KoDec Invest? 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 KoDec Invest is Koen Decourt. It owns 18% of MZM Holding itself.
Directors
According to the 2025 annual accounts
Koen Decourt
Bestuurder
since 2014
Establishments
Establishment units
Physical locations of this company
Kortrijksesteenweg 1071
9051 Gent
Bijenstraat 28
9051 Gent
Active since 20 October 2014
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 15 companies are registered at this address.
All companies at this address →ZEPHYR INVEST III
€ 15,195 gross margin · 2025
ZEPHYR INVEST II
€ 289,984 gross margin · 2024
ZEPHYR INVEST I
€ 276,085 gross margin · 2024
EnergyVision
€ 151.9 million revenue · 2025
ECOMARO
€ 190,127 gross margin · 2025
+10 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0564.790.418
- VAT number
- BE 0564.790.418
- Registered office
- Kortrijksesteenweg 1071, 9051 Gent
- Names & denominations
- KoDec Invest
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 October 2014
- Peppol
- Active · Active since 20 Nov 2025
- Activities · NACE
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