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 0 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
CODEM from Mouscron, company number BE0716962929, closed financial year 2025 with a result of € 720,680 after tax. Compared with financial year 2024, the result moved from € 702,119 to € 720,680. 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 October 14, 2025.
€ 5.8 million
▲ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 720,680
▲ 3% vs 2024
Profit after tax over the fiscal year.
€ 2,036
▼ 76% 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 € 4.8 million.
Debts at end 2025
€ 931,500
▼ 46% vs 2024
€ 796,000 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 49,955
▼ 72% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Profit after taxes | € 339,289 | € -101,603 | € 702,119 | € 720,680 | ▲ 3% |
| Equity | € 4,526,299 | € 4,424,696 | € 5,126,815 | € 5,847,495 | ▲ 14% |
| Total debts | € 3,406,677 | € 3,438,218 | € 2,867,457 | € 2,017,041 | ▼ 30% |
| Cash | € 70,474 | € 414 | € 8,363 | € 2,036 | ▼ 76% |
| Retained profit | € 3,506,299 | € 3,404,696 | € 4,106,815 | € 4,827,495 | ▲ 18% |
| Bank debt | € 3,322,500 | € 2,525,500 | € 1,728,500 | € 931,500 | ▼ 46% |
| Balance sheet total | € 7,932,976 | € 7,862,914 | € 7,994,272 | € 7,864,536 | ▼ 2% |
Key figures of CODEM, 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 October 2026.
What happened to CODEM?
What happened at CODEM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 720,680 (▲ 3% vs 2024). Source: NBB ↗
- Odile VAN DAELE became a director. NBB
- Roby VAN DAELE became a director. NBB
- Céline VAN DAELE became a director. NBB
- Dominique DECONINCK became a director. NBB
- Gauthier VAN DAELE became a director. NBB
- Benjamin VAN DAELE became a director. NBB
- New establishment in Mouscron. KBO
In short
From € 339,289 profit in 2022 to € 720,680 profit in 2025.
Best year ever: 2025, with € 720,680 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 CODEM are Odile VAN DAELE, Roby VAN DAELE, Céline VAN DAELE, Dominique DECONINCK, Gauthier VAN DAELE and Benjamin VAN DAELE. It owns 100% of Message Management itself.
Directors
According to the 2025 annual accounts
since 2023
since 2023
since 2023
Dominique DECONINCK
Administrateur Statutaire
Also active at: V PRINT, PRIMO V.D., VIALTO, MESSAGE MANAGEMENT
since 2023
since 2023
since 2023
Establishments
Establishment units
Physical locations of this company
Industriëlaan 95
7700 Mouscron
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0716.962.929
- VAT number
- BE 0716.962.929
- Registered office
- Industriëlaan 95, 7700 Mouscron
- Names & denominations
- CODEM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 December 2018
- Peppol
- Active · Active since 13 Apr 2026