Financials
Financial year 2025
Michael Codde from Brakel, company number BE0768455972, closed financial year 2025 with a result of € 34,462 after tax. For that financial year Michael Codde recorded a gross margin of € 141,903 and equity of € 178,636. Compared with financial year 2024, the result moved from € 2,166 to € 34,462. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 10, 2026.
€ 178,636
▲ 24% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 34,462
▲ € 32,296 vs 2024
Profit after tax over the fiscal year.
€ 68,209
▲ 68% 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 € 142,636.
People and assets in 2025
€ 205,652
▼ 21% vs 2024
Of which on lease € 26,906.
Debts at end 2025
€ 299,162
▼ 16% vs 2024
€ 54,435 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 18,913
▲ 13% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,840
▲ 77% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 61,000 | € 132,592 | € 95,893 | € 141,903 | ▲ 48% |
| Profit after taxes | € 3,035 | € 42,688 | € 2,166 | € 34,462 | ▲ € 32,296 |
| Equity | € 99,320 | € 142,007 | € 144,173 | € 178,636 | ▲ 24% |
| Total debts | € 376,003 | € 305,440 | € 388,015 | € 334,617 | ▼ 14% |
| Cash | € 26,080 | € 37,403 | € 40,618 | € 68,209 | ▲ 68% |
| Land & buildings | € 405 | € 360 | € 315 | € 270 | ▼ 14% |
| Retained profit | € 63,320 | € 106,007 | € 108,173 | € 142,636 | ▲ 32% |
| Bank debt | € 307,499 | € 262,023 | € 356,211 | € 299,162 | ▼ 16% |
| Balance sheet total | € 475,323 | € 447,447 | € 532,189 | € 513,253 | ▼ 4% |
By gross margin, Michael Codde ranks 2nd of 10 companies with main activity “Landschapsverzorging” in Brakel that publish figures (fiscal year 2025).
Key figures of Michael Codde, 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.
Ask about Michael Codde the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to Michael Codde?
What happened at Michael Codde in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 34,462 (▲ € 32,296 vs 2024). Source: NBB ↗
- New establishment in Brakel. KBO
- Start of the company according to the CBE. KBO
In short
From € 3,035 profit in 2022 to € 34,462 profit in 2025.
Paid € 15,526 in corporate taxes since 2022.
Best year ever: 2023, with € 42,688 profit.
Management
Behind Michael Codde is MICHAËL CODDE.
Directors
According to the 2025 annual accounts
MICHAËL CODDE
Director
Establishments
Establishment units
Physical locations of this company
Schudewee 16
9660 Brakel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
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Details
- Company number
- 0768.455.972
- VAT number
- BE 0768.455.972
- Registered office
- Schudewee 16, 9660 Brakel
- Names & denominations
- Michael Codde
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 May 2021
- Peppol
- Active · Active since 12 Jun 2025
- Activities · NACE
Landschapsverzorging
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