Financials
Financial year 2025
Codevert IT from Destelbergen, company number BE0700235872, closed financial year 2025 with a result of € 48,230 after tax. For that financial year Codevert IT recorded a gross margin of € 63,038 and equity of € 1,855. Compared with financial year 2024, the result moved from € 52,046 to € 48,230. The company is profitable. The buffer shrank hard: equity is 93 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 18, 2026.
€ 1,855
▼ 93% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 48,230
▼ 7% vs 2024
Profit after tax over the fiscal year.
€ 73,832
▲ 6% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 73,751 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 2,019
▼ 40% 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.
€ 310
▼ 98% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 14,601
▲ 27% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 42,273 | € 50,223 | € 66,845 | € 63,038 | ▼ 6% |
| Profit after taxes | € 23,153 | € 29,972 | € 52,046 | € 48,230 | ▼ 7% |
| Equity | € 71,398 | € 71,371 | € 27,376 | € 1,855 | ▼ 93% |
| Total debts | € 57,071 | € 40,654 | € 103,461 | € 88,812 | ▼ 14% |
| Cash | € 112,301 | € 97,653 | € 69,848 | € 73,832 | ▲ 6% |
| Retained profit | € 52,848 | € 52,821 | € 27,376 | € 1,855 | ▼ 93% |
| Dividend | € 43,500 | € 30,000 | € 77,491 | € 73,751 | ▼ 5% |
| Balance sheet total | € 128,470 | € 112,025 | € 130,837 | € 90,667 | ▼ 31% |
Key figures of Codevert IT, 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 Codevert IT?
What happened at Codevert IT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 48,230 (▼ 7% vs 2024). filed late Source: NBB ↗
- New establishment in Destelbergen. KBO
- Start of the company according to the CBE. KBO
In short
From € 23,153 profit in 2022 to € 48,230 profit in 2025.
Paid € 41,748 in corporate taxes since 2022.
Best year ever: 2024, with € 52,046 profit.
Paid out € 224,742 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 Codevert IT is Elias Vandemoortele.
Directors
According to the 2025 annual accounts
Elias Vandemoortele
Director
Establishments
Establishment units
Physical locations of this company
Tramstraat(HEU) 21 box /201
9070 Destelbergen
Tramstraat(HEU) 21/0201
9070 Destelbergen
Active since 18 July 2018
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
- 0700.235.872
- VAT number
- BE 0700.235.872
- Registered office
- Tramstraat(HEU) 21 bus /201, 9070 Destelbergen
- Names & denominations
- Codevert IT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 July 2018
- Peppol
- Active · Active since 28 Mar 2025
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