About Codel

Codel is a private limited company (BV/SRL) based in Liège, founded in 2003. Its main activity is classified as "Groothandel in vaste, vloeibare en gasvormige brandstoffen en aanverwante producten". For the 2025 financial year, Codel reported a profit of €383,660. A year earlier, in 2024, it still made a loss of €1.3 million. Revenue came to €26.8 million, down 6.1% on 2024. It employed an average of 2 full-time equivalents. Equity stands at €2.3 million, a solvency ratio of 22%. In 2006 it was -€81,346. 20 annual accounts are available, covering 2006 to 2025.

Juridical situation
Normal situation
Company number
0860.787.106
Founding date
Founded in 30-09-2003
EUID number
BEKBOBCE.0860.787.106
Type of enterprise
Rechtspersoon
Location
Bld Emile-De-Laveleye 191 Liège 4020
Juridical form
BV — Private limited company (BV/SRL)
Signals
Profitable
Strong equity
Positive cashflow
Positive EBITDA
High turnover
Healthy social debt

Financial ratios

Profit
€ 384K
Increased by 130%
Equity
€ 2.27M
Increased by 20%
Turnover
€ 26.80M
Decreased by 6%
Health
Solvability > 25%
21.5%
Liquidity > 1.0
1.02
Profitability > 0%
16.9%
2025
2024
2023
2022
Turnover
€ 26.80M
€ 28.56M
€ 16.52M
€ 17.69M
EBITDA
€ 384K
€ -1.17M
€ -473K
€ 800K
Profit
€ 384K
€ -1.26M
€ -638K
€ 523K
Equity
€ 2.27M
€ 1.89M
€ 152K
€ 790K
Solvability
21.5%
16.7%
1.44%
8.11%
Debt
€ 8.29M
€ 9.42M
€ 10.42M
€ 8.95M
Cash
€ 880K
€ 319K
€ 650K
€ 1.43M
Employees
2.00
2.00
2.00

Frequently asked questions

Answers to the most common questions about Codel, based on official government data and the filed annual accounts.

What is the VAT number of Codel?

The VAT number of Codel is BE0860.787.106.

How many employees work at Codel?

In 2025, Codel employed 2.00 full-time equivalents (FTE).

When was Codel established?

Codel was founded in 30-09-2003.

What is the official address of Codel?

The official address of Codel is Bld Emile-De-Laveleye 191 Liège 4020.

What is the legal form of Codel?

The juridical form of Codel is Private limited company (BV/SRL).

What is the annual revenue of Codel?

The revenue of Codel for the 2025 financial year was €26,802,743.

Is Codel a reliable company?

Codel is a registered Rechtspersoon with company number 0860.787.106 and can be verified through the official CBE database.

What is the credit limit of Codel?

The estimated credit limit of Codel is €1,368,563.

Is Codel still active?

Codel currently has the status "Normal situation" and is active.

Further reading

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Sources