CODEVCO X

Public limited companyfounded 20214 yrs activeEdingensesteenweg 196, 1500 Halle, BelgiumKBO/BCE: BE 0779.300.572

Summary

The computed 12-month bankruptcy probability of CODEVCO X is 2.2% (moderate). The 2025 annual accounts show equity of €62k. Equity remains stable across the filed fiscal years (±0% per year). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

No current score

Insufficient figures

A score requires measurable solvency, liquidity and profitability. Missing figures are not a judgement about the company.

Axes · tick = 2024

Profitability-

Solvency100=

Growth55=

Track record94

Bankruptcy probability, 12 months

2.2% Moderate

0%0.5%1.5%4%10%≥ 25%

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

No NACE activity registered

No NACE activity is registered in the KBO, which is more common among companies that later fail.

KBO · activities

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

Latest accounts filed on time

The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 23-09-2025, 38 days ahead of the deadline.

NBB · 3 filings

Deviation from the deadline

2025

38 d early

2024

35 d early

2023

36 d early

← before the deadline after the deadline →

Checked, nothing found (2)

The next deadline is still running

The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.

Companies Code · seven months

Position in the running window

31-03-2026 close24-09-2026 today31-10-2026 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

Not included in this filing

Working capital

€62k=

2024 · €62k

2023: €62k 2024: €62k

2023 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line202320242025Trend

Equity€62k-€62k=€62k=

Operating result€39-€-2k€-1k▲ 19.5%

Result per fiscal year

Operating result

The operating result stays negative: a loss of €1k in 2025 against €2k in 2024; the loss shrinks.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Equity and liabilities €63k

98.1%

Equity €62k =

Debt €1k ▼ 58.7%

Debt's share of the balance-sheet total falls from 4.5% to 1.9%. Debt is lower.

Key figures and ratios

2025 value · change against 2024

Current ratio

52.96▲

2024 · 22.47

Debt to equity

0.02▼

2024 · 0.05

Debt ≤ 1 year

€1k▼

2024 · €3k

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 · 21 lines

Balance sheet Code20242025

Assets

Total assets20/58€64k€63k▼

Current assets29/58€64k€63k▼

Amounts receivable within one year40/41€1k€2k▲

Trade receivables40€1k€2k▲

Other amounts receivable41-€500

Cash at bank and in hand54/58€63k€61k▼

Equity and liabilities

Total equity and liabilities10/49€64k€63k▼

Equity10/15€62k€62k=

Contributions10/11€62k€62k=

Capital10€62k€62k=

Issued capital100€62k€62k=

Amounts payable17/49€3k€1k▼

Amounts payable within one year42/48€3k€1k▼

Trade debts44€3k€1k▼

Suppliers440/4€3k€1k▼

Income statement Code20242025

Gross operating margin9900€-2k€-1k▲

Operating profit (loss)9901€-2k€-1k▲

Financial income75/76B€2k€2k▼

Recurring financial income75€2k€2k▼

Financial charges65/66B€342€362▲

Recurring financial charges65€342€362▲

Download as CSV

Timeline · acts, filings and financial milestones

All 7Financial 1Gazette 3Filings 3

Next filing, fiscal year 2026, expected by 31-10-2026

2026

12-01

State Gazette act Appointment: Ernst & Young Bedrijfsrevisoren (statutory auditor)

Mandate compensation3 facts ▸

General meeting, 03/09/2025
Auditor appointment, Ernst & Young Bedrijfsrevisoren (statutory auditor)
Mandate compensation, Ernst & Young Bedrijfsrevisoren

2025

23-09

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema

31-03

Financial Liquidity doublescurrent ratio 52.96

Current ratio from 22.47 to 52.96; short-term debt falls from €3k to €1k.

2024

26-09

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema

2023

25-09

NBB filing Annual accounts filed

fiscal year 2023 · full schema

2022

29-07

State Gazette act Resignation: Marc HOFMAN (director)

Appointments: Jo WILLEMYNS (director) and Stefan GOETHAERT (director) · Permanent representative: Eef Naessens5 facts ▸

General meeting, 11/07/2022
Director resignation, Marc HOFMAN (director)
Director appointment, Jo WILLEMYNS (director)
Director appointment, Stefan GOETHAERT (director)
Permanent representative, Eef Naessens

2021

27-12

State Gazette act Incorporation

Appointments: Kris Castelein, Marc Hofman and 3 others · Permanent representative: Wuyts Daniel · Founder11 facts ▸

Incorporation, 22 december 2021
Founder, ETABLISSEMENTEN FRANZ COLRUYT
Founding capital, €61.500
Bank account, BNP Paribas Fortis
Director appointment, Kris Castelein (director)
Director appointment, Marc Hofman (director)
Director appointment, Jozef Colruyt (director)
Director appointment, Stefaan Vandamme (director)
Auditor appointment, Ernst & Young Bedrijfsrevisoren
Permanent representative, Wuyts Daniel
Power of attorney, Colruyt Group Services

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

5 directors, no change since 2022

Jo WILLEMYNS

Director · since 01-04-2022

Current

Stefan Goethaert

Director · since 01-04-2022

Current

Jef Colruyt

Director · since 22-12-2021

Current

Kris Castelein

Director · since 22-12-2021

Current

Stefaan Vandamme

Director · since 22-12-2021

Current

01-04-2022 Jo WILLEMYNS: Appointed as Director

01-04-2022 Stefan Goethaert: Appointed as Director

01-04-2022 Marc Hofman: Resigned as Director

22-12-2021 Jef Colruyt: Appointed as Director

22-12-2021 Kris Castelein: Appointed as Director

Full history in the Timeline (7 changes) →

Location & real-estate footprint

Registered office, Halle · 1 establishment unit since 2021

establishment The establishment unit on the map

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.

Edingensesteenweg 1961500 Halle

Ground area

3.1 ha

Building footprint

9,052 m²

Volume, LiDAR

146,100 m³

Parcel 23027F0207/00V000, Flanders · tallest building 27.2 m, ±6 floors. Linked by address, not a title deed.

1 establishment unit

CODEVCO X

Edingensesteenweg 196, 1500 HalleRetail trade

since 20212.325.979.826

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
23027F0207/00V000	Flanders	3.1 ha	1 · 9,052 m²	27.2 m · 6 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.

Statutory auditor

1 auditor

Ernst et Young Reviseurs d'EntreprisesCurrent

Statutory auditor

27-12-2021 → present

Articles of association

Purpose

I. Specifieke activiteiten A/ In de meest ruime zin handel te drijven... B/ De aankoop, de fabricatie... C/ De oprichting... D/ De verhuring... E/ De verkoop... F/ Alle…

Full purpose

I. Specifieke activiteiten A/ In de meest ruime zin handel te drijven... B/ De aankoop, de fabricatie... C/ De oprichting... D/ De verhuring... E/ De verkoop... F/ Alle activiteiten in wat genoemd wordt de Horecasector. II. Algemene activiteiten A/ Het verwerven van participaties... B/ Het aangaan van leningen... C/ Het verlenen van adviezen... D/ Het waarnemen van alle bestuursopdrachten... E/ Het ontwikkelen... F/ Het verlenen van administratieve prestaties... G/ De aan- en verkoop... H/ Het onderzoek... I/ Het stellen van zakelijke of persoonlijke zekerheden... III. Beheer van een roerend en onroerend vermogen A/ Het aanleggen... onroerend vermogen... B/ Het aanleggen... roerend patrimonium... IV. Bijzondere bepalingen...

according to the deed of 27-12-2021