Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 25 % of short-term debt in 2026; threshold 65 %.
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Busy address KBO
75 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2026
CODEVCO XVIII from Halle, company number BE1004060163, closed financial year 2026 with a result of € -315,580 after tax. For that financial year CODEVCO XVIII recorded a gross margin of € -158,788 and equity of € 1.2 million. Compared with financial year 2025, the result moved from € 0 to € -315,580. The company made a loss. 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 September 23, 2026.
€ 1.2 million
▲ € 1.2 million vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -315,580
▼ still € 0 profit in 2025
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -870,517.
People and assets in 2026
€ 25,775
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 155,297
Loans from banks and other lenders, long and short.
€ 50,792
▲ € 48,073 vs 2025
Supplier invoices still open on the last day of the fiscal year.
| 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|
| Gross margin | € -975 | € -158,788 | ▼ € 157,814 |
| Profit after taxes | € 0 | € -315,580 | |
| Equity | € 61,500 | € 1,217,719 | ▲ € 1.2 million |
| Total debts | € 2,719 | € 207,056 | ▲ € 204,336 |
| Cash | € 64,219 | - | |
| Land & buildings | - | € 32,560 | |
| Retained profit | € 0 | € -870,517 | |
| Bank debt | € 0 | € 155,297 | |
| Balance sheet total | € 64,219 | € 1,424,775 | ▲ € 1.4 million |
Key figures of CODEVCO XVIII, fiscal years 2025 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to CODEVCO XVIII?
What happened at CODEVCO XVIII in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: loss of € 315,580. Source: NBB ↗
- Stefan Goethaert stepped down as director. NBB
- Kris Castelein stepped down as director. NBB
- Jo Willemyns stepped down as director. NBB
- Jef Colruyt stepped down as director. NBB
- Stefaan Van Damme stepped down as director. NBB
- Stefan Goethaert became a director. NBB
- Kris Castelein became a director. NBB
In short
From € 0 profit in 2025 to € 315,580 loss in 2026.
Management
The shares are held by Colruyt Group NV (100%).
Directors
According to the 2026 annual accounts
Stefan Goethaert
Director
Also active at: COLIM, DAVYTRANS, Vlevico, FLEETCO, ENCO RETAIL, VISIEBLE, SOLUCIOUS, NORTHLANDT +23 more
since 2023 · until 2026
Kris Castelein
Director
Also active at: COLIM, DAVYTRANS, FLEETCO, VISIEBLE, NORTHLANDT, PUUR, JIMS Expansion, GERLI Erasmus +21 more
since 2023 · until 2026
Jo Willemyns
Director
Also active at: COLIM, DAVYTRANS, Vlevico, FLEETCO, ENCO RETAIL, VISIEBLE, SOLUCIOUS, NORTHLANDT +25 more
since 2023 · until 2026
Jef Colruyt
Director
Also active at: COLIM, DAVYTRANS, FLEETCO, NORTHLANDT, PUUR, COLIMPO, Juliette, VINOCOL +13 more
since 2023 · until 2026
since 2023 · until 2026
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Edingensesteenweg 196
1500 Halle
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 75 companies are registered at this address.
All companies at this address →USIMEX - INVEST
€ 72,973 gross margin · 2026
Grama
€ 450,180 gross margin · 2025
COLIM same network
€ 290.5 million revenue · 2026
Colruyt Group same network
€ 930.1 million revenue · 2026
DE PRINS RETAIL
€ 711,633 gross margin · 2026
+70 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 1004.060.163
- VAT number
- BE 1004.060.163
- Registered office
- Edingensesteenweg 196, 1500 Halle
- Names & denominations
- CODEVCO XVIII
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 December 2023
- Peppol
- Active · Active since 16 Dec 2025