Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
CODIT MANAGED SERVICES from Gent, company number BE0835734875, closed financial year 2025 with a result of € -65,571 after tax. For that financial year CODIT MANAGED SERVICES recorded a gross margin of € 1.2 million and equity of € 182,478. Compared with financial year 2024, the result moved from € -102,827 to € -65,571. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 22, 2026.
€ 182,478
▼ 26% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -65,571
▲ 36 % less loss than in 2024
Profit after tax over the fiscal year.
€ 73,082
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 157,478.
People and assets in 2025
17
▲ 1.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.3 million
▲ 6% vs 2024
€ 73,800 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 285,943
▲ 39% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 148,245
▼ 4% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 2,748,297 | - | |
| Gross margin | € 1,459,600 | € 1,403,995 | € 1,104,723 | € 1,238,534 | ▲ 12% |
| Profit after taxes | € 213,127 | € 106,212 | € -102,827 | € -65,571 | ▲ € 37,256 |
| Equity | € 244,664 | € 350,876 | € 248,049 | € 182,478 | ▼ 26% |
| Total debts | € 683,859 | € 548,953 | € 394,064 | € 448,902 | ▲ 14% |
| Cash | - | - | - | € 73,082 | |
| Retained profit | € 219,664 | € 325,876 | € 223,049 | € 157,478 | ▼ 29% |
| Dividend | € 300,000 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 928,523 | € 899,830 | € 642,113 | € 631,380 | ▼ 2% |
| Employees (FTE) | 15.1 | 15.9 | 15.7 | 17 | ▲ 1.3 |
Key figures of CODIT MANAGED SERVICES, 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 CODIT MANAGED SERVICES?
What happened at CODIT MANAGED SERVICES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 65,571. Source: NBB ↗
- Yashfeen Saiyid became a director. NBB
- Leo Eelen became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 213,127 profit in 2022 to € 65,571 loss in 2025.
Paid € 164,658 in corporate taxes since 2022.
Best year ever: 2022, with € 213,127 profit.
On average € 72,900 of value added per employee in 2025.
Management
The stake of Codit holding comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CODIT MANAGED SERVICESBehind CODIT MANAGED SERVICES are Yashfeen Saiyid and Leo Eelen. The shares are held by Codit holding (100%).
Directors
According to the 2025 annual accounts
since 2024
since 2024
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Gaston Crommenlaan 14 box /0301
9050 Gent
Gaston Crommenlaan 14 box 301
9050 Gent
Active since 20 April 2011
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0835.734.875
- VAT number
- BE 0835.734.875
- Registered office
- Gaston Crommenlaan 14 bus /0301, 9050 Gent
- Names & denominations
- CODIT MANAGED SERVICES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 April 2011
- Peppol
- Not registered
- Activities · NACE
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Ontwerpen van computerprogramma’s
Overige zakelijke dienstverlening, neg
Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten
Computerconsultancy-activiteiten
Ontwerpen en programmeren van computerprogramma's