Financials
Financial year 2025
CODAWOOD from Wetteren, company number BE0747832683, closed financial year 2025 with a result of € 8,621 after tax. For that financial year CODAWOOD recorded a gross margin of € 88,785 and equity of € 214,737. Compared with financial year 2024, the result moved from € 49,760 to € 8,621. 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 January 26, 2026.
€ 214,737
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 8,621
▼ 83% vs 2024
Profit after tax over the fiscal year.
€ 94,150
▼ 37% 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 € 211,237.
People and assets in 2025
€ 51,512
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 16,140
▲ 292% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 51,337
▼ 15% vs 2024
€ 9,368 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 2,194
Supplier invoices still open on the last day of the fiscal year.
€ 10,470
▲ 79% 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 | € 43,135 | € 88,943 | € 85,898 | € 88,785 | ▲ 3% |
| Profit after taxes | € 19,648 | € 55,635 | € 49,760 | € 8,621 | ▼ 83% |
| Equity | € 100,720 | € 156,355 | € 206,115 | € 214,737 | ▲ 4% |
| Total debts | € 98,788 | € 99,765 | € 70,972 | € 64,001 | ▼ 10% |
| Cash | € 100,515 | € 156,078 | € 150,274 | € 94,150 | ▼ 37% |
| Land & buildings | € 23,230 | € 21,977 | € 70,599 | € 107,110 | ▲ 52% |
| Retained profit | € 97,220 | € 152,855 | € 202,615 | € 211,237 | ▲ 4% |
| Bank debt | € 79,082 | € 69,911 | € 60,662 | € 51,337 | ▼ 15% |
| Balance sheet total | € 199,508 | € 256,120 | € 277,087 | € 278,738 | ▲ 1% |
Key figures of CODAWOOD, 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 January 2027.
What happened to CODAWOOD?
What happened at CODAWOOD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 8,621 (▼ 83% vs 2024). Source: NBB ↗
- New establishment in Wetteren. KBO
- Simon Backx became a director. NBB
- Frederick Walgraeve became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 19,648 profit in 2022 to € 8,621 profit in 2025.
Paid € 36,655 in corporate taxes since 2022.
Best year ever: 2023, with € 55,635 profit.
A new publication or filing at CODAWOOD? 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 CODAWOOD are Simon Backx and Frederick Walgraeve.
Directors
According to the 2025 annual accounts
Simon Backx
Director
since 2020
Frederick Walgraeve
Director
since 2020
Establishments
Establishment units
Physical locations of this company
Collegiebaan 54
9230 Wetteren
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0747.832.683
- VAT number
- BE 0747.832.683
- Registered office
- Collegiebaan 54, 9230 Wetteren
- Names & denominations
- CODAWOOD
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 June 2020
- Peppol
- Active · Active since 18 Nov 2025
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