CODIPACK
ActiveSummary
CODIPACK has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7.43M and a net result of €2.02M. Equity is growing by ~19.1% per year across the filed fiscal years. Its solvency ranks better than 62% of 4178 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Credit check for your own amount and term
Signals
Checked, nothing found (2)
Financials · fiscal year 2025, full schema
Filed annual accounts As filed with the NBB · 2025 against 2024 · 79 lines
The notes to these accounts (64 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €23.33M | €28.48M | €28.71M | €30.20M | €32.30M | ▲ 7.0% |
| Turnover70 | €23.16M | €28.30M | €28.47M | €29.90M | €32.03M | ▲ 7.1% |
| Other operating income74 | €165k | €164k | €223k | €294k | €257k | ▼ 12.6% |
| Non-recurring operating income76A | €6k | €8k | €19k | €4k | €10k | ▲ 163% |
| Operating charges60/66A | €22.05M | €27.07M | €26.63M | €27.79M | €30.00M | ▲ 8.0% |
| Goods for resale, raw materials and consumables60 | €15.67M | €19.87M | €19.23M | €19.23M | €20.85M | ▲ 8.5% |
| Purchases600/8 | €16.16M | €21.47M | €19.03M | €19.37M | €21.84M | ▲ 12.7% |
| Change in stocks: decrease (increase)609 | €-494k | €-1.60M | €207k | €-146k | €-986k | ▼ 574% |
| Services and other goods61 | €2.53M | €2.71M | €2.84M | €3.77M | €3.82M | ▲ 1.5% |
| Remuneration, social security and pensions62 | €3.46M | €3.93M | €3.97M | €4.19M | €4.65M | ▲ 10.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €369k | €530k | €548k | €581k | €596k | ▲ 2.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €859 | €17k | €4k | €-15k | €8k | ▲ 152% |
| Other operating charges640/8 | €16k | €17k | €26k | €31k | €65k | ▲ 110% |
| Non-recurring operating charges66A | €0 | - | €2k | €196 | €0 | ▼ 100% |
| Operating profit (loss)9901 | €1.27M | €1.40M | €2.08M | €2.41M | €2.30M | ▼ 4.7% |
| Financial income75/76B | €127k | €221k | €475k | €168k | €552k | ▲ 229% |
| Recurring financial income75 | €127k | €221k | €475k | €168k | €552k | ▲ 229% |
| Income from current assets751 | - | - | €38k | €0 | - | - |
| Other financial income752/9 | €127k | €221k | €437k | €168k | €552k | ▲ 229% |
| Financial charges65/66B | €34k | €55k | €62k | €64k | €65k | ▲ 0.9% |
| Recurring financial charges65 | €34k | €55k | €62k | €64k | €65k | ▲ 0.9% |
| Debt charges650 | €10k | €30k | €38k | €30k | €35k | ▲ 13.9% |
| Other financial charges652/9 | €24k | €25k | €24k | €34k | €30k | ▼ 10.7% |
| Profit (loss) for the period before taxes9903 | €1.37M | €1.57M | €2.49M | €2.51M | €2.78M | ▲ 10.7% |
| Income taxes67/77 | €384k | €437k | €698k | €692k | €760k | ▲ 9.7% |
| Taxes670/3 | €384k | €437k | €698k | €700k | €764k | ▲ 9.1% |
| Tax adjustments and reversals of tax provisions77 | €0 | - | - | €8k | €4k | ▼ 51.2% |
| Profit (loss) for the period9904 | €982k | €1.13M | €1.80M | €1.82M | €2.02M | ▲ 11.1% |
| Profit (loss) for the period to be appropriated9905 | €982k | €1.13M | €1.80M | €1.82M | €2.02M | ▲ 11.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €9.68M | €13.17M | €13.74M | €13.50M | €15.75M | ▲ 16.6% |
| Fixed assets21/28 | €1.16M | €1.18M | €1.11M | €1.55M | €1.46M | ▼ 6.2% |
| Tangible fixed assets22/27 | €1.16M | €1.18M | €1.11M | €1.55M | €1.46M | ▼ 6.2% |
| Plant, machinery and equipment23 | €44k | €188k | €168k | €225k | €197k | ▼ 12.6% |
| Furniture and vehicles24 | €1.11M | €991k | €939k | €1.33M | €1.26M | ▼ 5.1% |
| Financial fixed assets28 | - | €1k | €1k | €1k | €0 | ▼ 100% |
| Other financial fixed assets284/8 | - | €1k | €1k | €1k | €0 | ▼ 100% |
| Amounts receivable and cash guarantees285/8 | - | €1k | €1k | €1k | €0 | ▼ 100% |
| Current assets29/58 | €8.52M | €11.99M | €12.63M | €11.94M | €14.29M | ▲ 19.6% |
| Stocks and contracts in progress3 | €2.32M | €3.93M | €3.72M | €3.86M | €4.85M | ▲ 25.5% |
| Stocks30/36 | €2.32M | €3.93M | €3.72M | €3.86M | €4.85M | ▲ 25.5% |
| Raw materials and consumables30/31 | - | - | €1k | €0 | - | - |
| Goods purchased for resale34 | €2.32M | €3.93M | €3.72M | €3.86M | €4.85M | ▲ 25.5% |
| Amounts receivable within one year40/41 | €5.28M | €6.47M | €6.88M | €6.61M | €7.66M | ▲ 15.9% |
| Trade receivables40 | €5.28M | €6.47M | €6.87M | €6.60M | €7.65M | ▲ 16.0% |
| Other amounts receivable41 | €474 | €871 | €4k | €10k | €4k | ▼ 55.6% |
| Cash at bank and in hand54/58 | €901k | €1.49M | €1.94M | €1.46M | €1.78M | ▲ 21.7% |
| Deferred charges and accrued income490/1 | €17k | €102k | €101k | €14k | €4k | ▼ 70.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €9.68M | €13.17M | €13.74M | €13.50M | €15.75M | ▲ 16.6% |
| Equity10/15 | €3.59M | €4.72M | €5.89M | €6.51M | €7.43M | ▲ 14.2% |
| Contributions10/11 | €97k | €97k | €97k | €97k | €97k | = |
| Capital10 | €97k | €97k | €97k | €97k | €97k | = |
| Issued capital100 | €97k | €97k | €97k | €97k | €97k | = |
| Reserves13 | €3.49M | €4.62M | €5.79M | €6.41M | €7.33M | ▲ 14.4% |
| Non-distributable reserves130/1 | €10k | €10k | €10k | €10k | €10k | = |
| Legal reserve130 | €10k | €10k | €10k | €10k | €10k | = |
| Tax-exempt reserves132 | €74k | €74k | €74k | €74k | €74k | = |
| Distributable reserves133 | €3.41M | €4.54M | €5.71M | €6.33M | €7.25M | ▲ 14.6% |
| Amounts payable17/49 | €6.10M | €8.45M | €7.85M | €6.99M | €8.32M | ▲ 18.9% |
| Amounts payable after more than one year17 | €191k | €237k | €420k | €340k | €378k | ▲ 11.2% |
| Financial debts170/4 | €191k | €237k | €420k | €340k | €378k | ▲ 11.2% |
| Credit institutions173 | €191k | €237k | €149k | €69k | €107k | ▲ 55.3% |
| Other loans174 | - | - | €271k | €271k | €271k | = |
| Amounts payable within one year42/48 | €5.91M | €8.15M | €7.43M | €6.65M | €7.94M | ▲ 19.3% |
| Current portion of amounts payable after more than one year42 | €86k | €134k | €144k | €80k | €66k | ▼ 18.5% |
| Financial debts43 | €100k | €234k | €235k | €135k | €113k | ▼ 16.1% |
| Credit institutions430/8 | €100k | €234k | €235k | €135k | €113k | ▼ 16.1% |
| Trade debts44 | €3.17M | €4.80M | €3.81M | €2.74M | €4.33M | ▲ 58.3% |
| Suppliers440/4 | €3.17M | €4.80M | €3.81M | €2.74M | €4.33M | ▲ 58.3% |
| Advances received on contracts in progress46 | €705k | €884k | €1.15M | €867k | €847k | ▼ 2.4% |
| Taxes, remuneration and social security45 | €814k | €1.05M | €1.29M | €1.46M | €1.30M | ▼ 10.7% |
| Taxes450/3 | €389k | €538k | €786k | €985k | €762k | ▼ 22.6% |
| Remuneration and social security454/9 | €425k | €511k | €509k | €473k | €540k | ▲ 14.2% |
| Other amounts payable47/48 | €1.03M | €1.05M | €794k | €1.37M | €1.27M | ▼ 7.0% |
| Accrued charges and deferred income492/3 | - | €67k | €0 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €982k | €1.13M | €1.80M | €1.82M | €2.02M | ▲ 11.1% |
| + Depreciation and write-downs630 | €369k | €530k | €548k | €581k | €596k | ▲ 2.7% |
| Operating cash flow (approximation) | €1.35M | €1.66M | €2.34M | €2.40M | €2.62M | ▲ 9.1% |
| Investment in fixed assets (approximation) | - | €-552k | €-475k | €-1.03M | €-500k | ▲ 51.4% |
| Change in cash | - | €592k | €443k | €-477k | €316k | ▲ 166% |
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
19-08
State Gazette act
Reappointment: Imber (director)Permanent representative: Walter Imberechts6 facts ▸
- General meeting, 30-06-2025
- Director reappointment, Imber (director)
- Permanent representative, Walter Imberechts
- Board meeting, 30-06-2025
- Director reappointment, Imber (managing director)
- Director reappointment, Imber (chair of the board)
About the unread acts
Of the 12 Belgian State Gazette acts we know for this company, 1 has been read. The other 11 have not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
Not every act has been read: a resignation may be missing here
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13029F0680/00H000 | Flanders | 1.4 ha | 1 · 3,149 m² | 10.2 m · 2 fl. |
Linked by address, not proof of ownership
Structure & network
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 10,713 EUR awarded · 4,614 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 6,288 EUR | 2,289 EUR |
| 2024 | 1 | 2,100 EUR | 0 EUR |
| 2022 | 1 | 2,325 EUR | 2,325 EUR |
Recognitions · licences · registrations
Legal Entity Identifier
Similar companies · same sector, comparable size
Identification & contact
Scores and ratios are computed by Checked and are not a credit decision.