CODEXCO
InactiveInactive; last annual accounts for fiscal year 2020.
Signals
Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 30-06-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
30-06-2021 close31-01-2022 deadline25-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2020 was due by 31-01-2021 and was filed on 13-11-2020, 79 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
79 d early
2019
49 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2020, micro schema
Equity
€320k▲ 60.4%
2019 · €199k
2019: €199k
2020: €320k▲ +60.4% vs 2019
2019 → 2020
Total assets
€1.02M▲ 218%
2019 · €320k
2019: €320k
2020: €1.02M▲ +218% vs 2019
2019 → 2020
Net result
€121k▲ 159%
2019 · €47k
2019: €47k
2020: €121k▲ +159% vs 2019
2019 → 2020
Working capital
€-579k
2019 · €68k
2019: €68k
2020: €-579k▼ -952% vs 2019
2019 → 2020
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020Trend
Equity€199k-€320k▲ 60.4%
2019: €199k
2020: €320k▲ +60.4% vs 2019
Operating result€22k-€20k▼ 6.2%
2019: €22k
2020: €20k▼ -6.2% vs 2019
Net result€47k-€121k▲ 159%
2019: €47k
2020: €121k▲ +159% vs 2019
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2020; 2020 is 6% below 2019.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €1.02M
Fixed assets
€899k ▲ 542%
Current assets
€117k ▼ 34.7%
Equity and liabilities €1.02M
Equity
€320k ▲ 60.4%
Debt
€696k ▲ 479%
Debt's share of the balance-sheet total rises from 37.6% to 68.5%. Equity and debt are higher.
Key figures and ratios
Current ratio
0.17▼
2019 · 1.61
ROE
37.7%▲
2019 · 23.3%
ROA
11.9%▼
2019 · 14.6%
Debt ≤ 1 year
€696k▲
2019 · €112k
Income taxes
€7k▼
2019 · €9k
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 · 2020 against 2019 · 22 lines
Balance sheet
Code20192020
Assets
Total assets20/58€320k€1.02M▲
Fixed assets21/28€140k€899k▲
Financial fixed assets28€140k€899k▲
Current assets29/58€180k€117k▼
Amounts receivable within one year40/41€146k€114k▼
Cash at bank and in hand54/58€3k€3k▼
Equity and liabilities
Total equity and liabilities10/49€320k€1.02M▲
Equity10/15€199k€320k▲
Contributions10/11€12k-
Reserves13€187k€187k=
Profit (loss) carried forward14-€121k
Amounts payable17/49€120k€696k▲
Amounts payable within one year42/48€112k€696k▲
Trade debts44€4k€189▼
Income statement
Code20192020
Gross operating margin9900€23k€21k▼
Operating profit (loss)9901€22k€20k▼
Recurring financial income75€35k€108k▲
Recurring financial charges65€933€799▼
Profit (loss) for the period before taxes9903€56k€127k▲
Income taxes67/77€9k€7k▼
Profit (loss) for the period9904€47k€121k▲
Profit (loss) for the period to be appropriated9905€47k€121k▲
Accounts by statement
| Line | 2019 | 2020 | Change |
|---|---|---|---|
| Gross operating margin9900 | €23k | €21k | ▼ 8.3% |
| Operating profit (loss)9901 | €22k | €20k | ▼ 6.2% |
| Recurring financial income75 | €35k | €108k | ▲ 208% |
| Recurring financial charges65 | €933 | €799 | ▼ 14.4% |
| Profit (loss) for the period before taxes9903 | €56k | €127k | ▲ 129% |
| Income taxes67/77 | €9k | €7k | ▼ 26.7% |
| Profit (loss) for the period9904 | €47k | €121k | ▲ 159% |
| Profit (loss) for the period to be appropriated9905 | €47k | €121k | ▲ 159% |
| Line | 2019 | 2020 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €320k | €1.02M | ▲ 218% |
| Fixed assets21/28 | €140k | €899k | ▲ 542% |
| Financial fixed assets28 | €140k | €899k | ▲ 542% |
| Current assets29/58 | €180k | €117k | ▼ 34.7% |
| Amounts receivable within one year40/41 | €146k | €114k | ▼ 21.5% |
| Cash at bank and in hand54/58 | €3k | €3k | ▼ 8.6% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €320k | €1.02M | ▲ 218% |
| Equity10/15 | €199k | €320k | ▲ 60.4% |
| Contributions10/11 | €12k | - | - |
| Reserves13 | €187k | €187k | = |
| Profit (loss) carried forward14 | - | €121k | - |
| Amounts payable17/49 | €120k | €696k | ▲ 479% |
| Amounts payable within one year42/48 | €112k | €696k | ▲ 523% |
| Trade debts44 | €4k | €189 | ▼ 95.3% |
| Line | 2019 | 2020 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €47k | €121k | ▲ 159% |
| Operating cash flow (approximation) | €47k | €121k | ▲ 159% |
| Investment in fixed assets (approximation) | - | €-759k | - |
| Change in cash | - | €-271 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2020
13-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
02-09
State Gazette act
Merger · Accounting effect
Capital · Corporate purpose
30-06
Financial
Equity above €200kEq €320k ▲60.4%
2 profitable years in a row build equity to €320k.
2019
13-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
24-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
24-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 55 days late
2017
24-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 266 days late
2015
17-12
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
20-01
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2013
20-12
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2012
20-12
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2011
21-12
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Structure & network
Acquisitions and mergers
1 transactionTaken over by:Kharon Funerals