COOPMAN CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of COOPMAN CONSTRUCT is 23.3% (high). The 2024 annual accounts show negative equity (-€2,720) and a net result of -€1,108. Its solvency ranks better than 5% of 9,837 sector peers (NACE 41, financial year 2024). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- -€2,720
- Loss
- -€1,108
Why 9raises risk2 changes of registered office in 24 months1 financial year not filed after the legal deadline; latest accounts 195 days late; 1 of the last 3 lateFounded in 2023Liquidity: current ratio 0.45, cash €3, halvedShow the evidence
Checked score
About 1 in 4 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro): better than 3% on solvency, 2% on liquidity, 5% on profitability and 7% on growth.
The bankruptcy probability was computed on 17-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 2 accounts on average 113 days after the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.
Searched, nothing found (1)
- Resignation: BELJULI Arbnor (director)Appointment: KSHETRI Santosh (director) ·…
- Annual accounts filedfinancial year 2024 · micro…
- Registered officeRegistered-office move
Financials · financial year 2024, micro format
2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 18 October 2026.
2023 to 2024, 2 financial years
The operating result stays negative: a loss of €1,103 in 2024 against €2,436 in 2023; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital.
Peer companies
Historical observationOf the 7,638 companies that looked in July 2024 the way this one looks now, 8.9% went bankrupt within 24 months and 84.9% are still going.
- Micro
- 2 to 5 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 23.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 7,638 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €29 | - | - |
| Other operating charges640/8 | €279 | - | - |
| Gross operating margin9900 | -€2,128 | -€1,103 | ▲ 48.2% |
| Operating profit (loss)9901 | -€2,436 | -€1,103 | ▲ 54.7% |
| Financial charges65/66B | €69 | €5 | ▼ 93.0% |
| Recurring financial charges65 | €69 | €5 | ▼ 93.0% |
| Profit (loss) for the period before taxes9903 | -€2,505 | -€1,108 | ▲ 55.8% |
| Profit (loss) for the period9904 | -€2,505 | -€1,108 | ▲ 55.8% |
| Profit (loss) for the period to be appropriated9905 | -€2,505 | -€1,108 | ▲ 55.8% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €965 | €2,251 | ▲ 133% |
| Current assets29/58 | €965 | €2,251 | ▲ 133% |
| Amounts receivable within one year40/41 | €481 | €2,248 | ▲ 367% |
| Other amounts receivable41 | €481 | €2,248 | ▲ 367% |
| Cash at bank and in hand54/58 | €484 | €3 | ▼ 99.4% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €965 | €2,251 | ▲ 133% |
| Equity10/15 | -€1,505 | -€2,720 | ▼ 80.8% |
| Contributions10/11 | €1,000 | €1,000 | = |
| Profit (loss) carried forward14 | -€2,505 | -€3,720 | ▼ 48.5% |
| Amounts payable17/49 | €2,469 | €4,971 | ▲ 101% |
| Amounts payable within one year42/48 | €2,469 | €4,971 | ▲ 101% |
| Trade debts44 | €970 | €251 | ▼ 74.1% |
| Suppliers440/4 | €970 | €251 | ▼ 74.1% |
| Advances received on contracts in progress46 | €1,500 | €1,500 | = |
| Other amounts payable47/48 | - | €3,221 | - |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€2,505 | -€1,108 | ▲ 55.8% |
| Operating cash flow (approximation) | -€2,505 | -€1,108 | ▲ 55.8% |
| Change in cash | - | -€481 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2024 | micro format | 11-02-2026 | 2026-00040707 |
| 31-12-2023 | micro format | 30-08-2024 | 2024-00428725 |
Similar companies · same sector and region
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| KSHETRI Santosh |
|
| BELJULI Arbnor |
|
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
07-05
Gazette deed
Resignation: BELJULI Arbnor (director)Appointment: KSHETRI Santosh (director) · Name change · Registered-office move6 facts ▸
- General meeting, 05-05-2026
- Name change, COOPMAN CONSTRUCT
- Registered-office move, Dumolinlaan,1 8500 Kortrijk
- Amendment of the articles
- Director resignation, BELJULI Arbnor (director)
- Director appointment, KSHETRI Santosh (director (not named in the articles))
05-11
Gazette deed
Registered officeRegistered-office move2 facts ▸
- General meeting, 10-10-2024
- Registered-office move, Sint-Amandsstraat 2 - 1853 Grimbergen
About the unread acts
Of the 3 Belgian Official Gazette deeds we know for this company, 2 have been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Register details
No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.
What can you do?
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 17 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0799.550.313
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 34022E0689/00W002 | Flanders | 2,779 m² | 1 · 39 m² | 0.0 m |
| 21910E0098/00X002 | Brussels | 103 m² | 1 · 67 m² | 14.3 m · 4 |
How the parcels are linked
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- COOPMAN CONSTRUCT
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, bij enkel besluit van het bestuursorgaan oprichten of opheffen wanneer en waar zij het nodig acht,voor zover geen wijziging…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel 12. Bevoegdheden van het bestuursorgaan Als er slechts één bestuurder is, is het geheel van de bevoegdheden van de bestuurders aan…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Bestuursorgaan, algemene vergadering bepaalt aantal,duur opdracht en bij meerdere bestuurders bevoegdheid” (deed in Dutch)“Geboekt op algemene kosten los van representatie-,reis- en verplaatsingskosten, algemene vergadering beslist of mandaat al dan niet ten…” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, register van aandelen op naam met door Wetboek van vennootschappen en verenigingen vereiste gegevens” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Voor helft voor rekening overdrager en voor helft voor rekening koper(s) naar rato aantal verkregen aandelen indien meerdere, alle…” (deed in Dutch)
- Share issue ruleHow and by whom new shares can be issued.
- “Per e-mail en voor personen zonder e-mailadres per gewone post op zelfde dag als communicaties per e-mail, voorkeurrecht komt toe aan…” (deed in Dutch)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Op elk moment, algemene vergadering beslissende in vormen vereist voor statutenwijziging” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Algemene vergadering mag één of meerdere vereffenaars aanduiden,bevoegdheden omlijnen en vergoeding bepalen, bestuurder(s) in functie…” (deed in Dutch)