Codent Bleaching
ActiveSummary
Codent Bleaching has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €23k and a net result of €4k. Equity is growing by ~5.8% per year across the filed fiscal years. Its solvency ranks better than 95% of 4621 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
86
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability92▲+87
Solvency100=
Growth52▲+20
Track record94
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 34.94 against 43.35 in 2024; short-term debt: 2.8% and cash: 94.7% of total assets), and 2.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
97.2%
Return on assets
18.8%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-03-2026, 126 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
126 d early
2024
157 d early
2023
26 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€23k▲ 24.0%
2024 · €18k
2023: €20k
2024: €18k
2023 → 2025
Total assets
€23k▲ 24.8%
2024 · €19k
2023: €22k
2024: €19k
2023 → 2025
Net result
€4k
2024 · €-2k
2023: €18k
2024: €-2k
2023 → 2025
Working capital
€22k▲ 28.4%
2024 · €17k
2023: €19k
2024: €17k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€20k-€18k▼ 9.9%€23k▲ 24.0%
Operating result€25k-€-2k€5k
Net result€18k-€-2k€4k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €5k after a loss of €2k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €23k
Fixed assets
€583 ▼ 46.2%
Current assets
€23k ▲ 29.1%
Equity and liabilities €23k
Equity
€23k ▲ 24.0%
Debt
€655 ▲ 60.2%
Debt's share of the balance-sheet total rises from 2.2% to 2.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€6k▲
2024 · €-1k
Cash flow
€5k▲
2024 · €-2k
Current ratio
34.94▼
2024 · 43.35
Debt to equity
0.03▲
2024 · 0.02
ROE
19.4%▲
2024 · -11.0%
ROA
18.8%▲
2024 · -10.8%
Interest coverage
40.96▲
2024 · -7.81
Debt ≤ 1 year
€655▲
2024 · €409
Income taxes
€598▲
2024 · €0
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€19k€23k▲
Fixed assets21/28€1k€583▼
Tangible fixed assets22/27€1k€583▼
Plant, machinery and equipment23€507€273▼
Furniture and vehicles24€576€310▼
Current assets29/58€18k€23k▲
Amounts receivable within one year40/41€1k€334▼
Trade receivables40€132€70▼
Other amounts receivable41€1k€264▼
Cash at bank and in hand54/58€16k€22k▲
Deferred charges and accrued income490/1€315€320▲
Equity and liabilities
Total equity and liabilities10/49€19k€23k▲
Equity10/15€18k€23k▲
Contributions10/11€3k€3k=
Reserves13€18k€18k=
Distributable reserves133€18k€18k=
Profit (loss) carried forward14€-2k€2k▲
Amounts payable17/49€409€655▲
Amounts payable within one year42/48€409€655▲
Financial debts43€324€0▼
Other loans439€324€0▼
Trade debts44€84€237▲
Suppliers440/4€84€237▲
Taxes, remuneration and social security45€0€417▲
Taxes450/3€0€417▲
Income statement
Code20242025
Non-recurring operating income76A-€30
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€500€500=
Other operating charges640/8€528€544▲
Gross operating margin9900€-830€6k▲
Operating profit (loss)9901€-2k€5k▲
Financial income75/76B€0€22▲
Recurring financial income75€0€22▲
Financial charges65/66B€174€137▼
Recurring financial charges65€174€137▼
Profit (loss) for the period before taxes9903€-2k€5k▲
Income taxes67/77€0€598▲
Profit (loss) for the period9904€-2k€4k▲
Profit (loss) for the period to be appropriated9905€-2k€4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-2k€2k▲
Profit (loss) brought forward from the previous period14P€9€-2k▼
Transfer to equity691/2€0-
To other reserves6921€0-
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
24-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-2k ▼111%
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity triplescurrent ratio 43.35
Current ratio from 14.04 to 43.35; short-term debt falls from €1k to €409.
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Brugsesteenweg 109000 GentGround area
425 m²
Building footprint
129 m²
Volume, LiDAR
759 m³
Parcel 44816K0536/00M005, Flanders · tallest building 11.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Codent Bleaching
since 20222.328.525.382
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44816K0536/00M005 | Flanders | 425 m² | 1 · 129 m² | 11.8 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 · 2 entries · 2,036 EUR awarded · 2,036 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 2 | 2,036 EUR | 2,036 EUR |
Schemes
Hinderpremie bij openbare werken
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 24,860 companies in sector 96220 we hold annual accounts for 1,443. 1,185 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-02-2022
Fiscal year end31-12
Activities, NACEBEL 2025
96220Beauty care and other beauty treatments
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.