COMAPE
ActiveSummary
COMAPE has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €645,099 and a net result of €29,956. Equity has been growing by about 5% per year since 2018. Its solvency ranks better than 54% of 17,149 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 20-07-2005 Normal situation
- Activity
- Renting and operating of own or leased residential real estate, excluding social housing NACE 68201and 2 others
- Establishment unit
- 2.148.290.672 8000 Brugge, since 04-08-2005
- Financial year end
- 31 December
- Peppol
- Reachable since 11-05-2026
Board and ownership
Board
- Kristel PeetersManaging director
- Peeters NikkiDirector · since 01-12-2022
- Nathan VastesaegerDirector
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.9%
Annual accounts 2025
- Gross margin
- €114,798
- ▼ 10.7%
- Turnover
- ≈ €170,000
- estimated
- Profit
- €29,956
- ▼ 7.3%
- Equity
- €645,099
- ▼ 65.6%
- Total assets
- €1.9m
- ▼ 41.0%
- Staff
- ≈ 0 FTE
- estimated
Equity -66%: branch of activity transferred
Score breakdownraises riskLiquidity: current ratio 0.03, cash €1,593, halved1 change of registered office in 24 monthslowers riskSize: total assets €1.9mSector: Real estate activities (NACE 68)Show the evidence
Checked score
Score 2025
67
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 39% of micro companies in real estate (NACE 68)
Financial strength · tick: 2024
Average
Solvency
59-24
equity 34.1% of total assets
Liquidity
50-1
short-term debt 8.0% · cash 0.1%
Profitability
55=
return on assets 1.6%
Bankruptcy probability within 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%lowest value
01-2025: < 0.1%● unchanged vs 12-2024lowest value
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: 0.1%▲ +0.1 percentage points vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.4%▲ +0.3 percentage points vs 06-2026
08-2026: 0.4%● unchanged vs 07-2026
09-2026: 0.4%● unchanged vs 08-2026
10-2026: 0.9%▲ +0.5 percentage points vs 09-2026highest value
11-2026: 0.9%● unchanged vs 10-2026highest value
Credit of up to €40,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.03 (0.1 in 2024), below 1. Short-term debt is 8% and cash 0.1% of total assets. 65.9% of the assets are financed with debt and provisions.
Calculation
The band follows from the bankruptcy probability. 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 68, micro). It does better than 52% of them on solvency, 51% on liquidity, 45% on profitability and 9% on growth.
The bankruptcy probability was computed on 02-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-06-2026, 37 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
37 days early
2024
24 days early
2023
on the day
2022
28 days early
2021
23 days early
2020
1 day early
2019
3 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 16 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 7 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 24-06-2026 at the NBB all 20 filings
Turnover
≈ €170,000
Estimated: probably between €130,000 and €230,000
Total assets
€1.9m▼ 41.0%
2024 · €3.2m
Net result
€29,956▼ 7.3%
2024 · €32,323
Working capital
-€146,477▼ 3.8%
2024 · -€141,156
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
€54,983
▼ 2.3%
2025
20182025
Net result
€29,956
▼ 7.3%
2025
middle half of the sector
20182025
Equity
€645,099
▼ 65.6%
2025
highest quarter of the sector
20182025
Total assets
€1.9m
▼ 41.0%
2025
highest quarter of the sector
20182025
Debt
€1.0m
▼ 7.3%
2025
20182025
Working capital
-€146,477
▼ 3.8%
2025
lowest quarter of the sector
20182025
Solvency
34.1%
▼ 24.3pp
2025
middle half of the sector
20182025
Current ratio
0.03
▼ 0.07
2025
lowest quarter of the sector
20182025
Return on assets (ROA)
1.6%
▲ 0.6pp
2025
middle half of the sector
20182025
Staff (FTE)
no figure
2025
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€0.07m-€0.1m▲ 72.2%€0.07m▼ 46.2%€0.1m▲ 52.4%€0.2m▲ 73.9%€0.6m▲ 260%€0.06m▼ 91.0%€0.05m▼ 2.3%
Net result€0.02m-€0.07m▲ 229%€0.04mabove the sector's middle half▼ 44.5%€0.04mabove the sector's middle half▲ 10.1%€0.1mabove the sector's middle half▲ 215%€0.5mabove the sector's middle half▲ 259%€0.03mabove the sector's middle half▼ 92.9%€0.03mwithin the sector's middle half▼ 7.3%
Equity€1.2m-€1.3m▲ 5.4%€1.3mabove the sector's middle half▲ 2.8%€1.4mabove the sector's middle half▲ 3.0%€1.5mabove the sector's middle half▲ 9.2%€1.9mabove the sector's middle half▲ 30.4%€1.9mabove the sector's middle half▼ 3.5%€0.6mabove the sector's middle half▼ 65.6%
Total assets€2.1m-€1.6m▼ 22.9%€1.6mabove the sector's middle half▼ 2.2%€1.5mabove the sector's middle half▼ 3.9%€3.4mabove the sector's middle half▲ 120%€3.3mabove the sector's middle half▼ 4.0%€3.2mabove the sector's middle half▼ 1.4%€1.9mabove the sector's middle half▼ 41.0%
Debt€0.9m-€0.4m▼ 61.0%€0.3m▼ 20.6%€0.2m▼ 36.6%€1.8m▲ 913%€1.1m▼ 40.9%€1.1m▲ 2.9%€1.0m▼ 7.3%
Working capital-€0.4m--€0.3m▲ 27.5%-€0.3mbelow the sector's middle half▲ 18.3%-€0.2mbelow the sector's middle half▲ 37.4%-€0.5mbelow the sector's middle half▼ 234%€0.05mwithin the sector's middle half-€0.1mbelow the sector's middle half-€0.1mbelow the sector's middle half▼ 3.8%
Solvency57.5%-78.5%▲ 21.0pp82.5%above the sector's middle half▲ 4.0pp88.5%above the sector's middle half▲ 5.9pp43.9%within the sector's middle half▼ 44.6pp59.6%within the sector's middle half▲ 15.7pp58.3%within the sector's middle half▼ 1.3pp34.1%within the sector's middle half▼ 24.3pp
Current ratio0.53-0.12▼ 0.410.09below the sector's middle half▼ 0.030.09below the sector's middle half=0.05below the sector's middle half▼ 0.041.72within the sector's middle half▲ 1.670.10below the sector's middle half▼ 1.610.03below the sector's middle half▼ 0.07
Return on assets (ROA)0.9%-4.0%▲ 3.1pp2.3%within the sector's middle half▼ 1.7pp2.6%within the sector's middle half▲ 0.3pp3.7%within the sector's middle half▲ 1.1pp13.9%above the sector's middle half▲ 10.2pp1.0%within the sector's middle half▼ 12.9pp1.6%within the sector's middle half▲ 0.6pp
Staff (FTE)1.2-1.5▲ 25.0%1.5within the sector's middle half=1.3▼ 13.3%
above
within
below
The sector band is the middle half of the companies in Real estate activities (NACE 68). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 2% lower than in 2024 and the lowest since 2021. It is the second fall in a row.
Large changes and their cause
- 2025 Equity -66% on 2024. Partial demerger to COPEBRU, Official Gazette 19-09-2025.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.9m
Fixed assets
€1.9m ▼ 40.9%
Current assets
€4,508 ▼ 72.7%
Equity and liabilities €1.9m
Equity
€645,099 ▼ 65.6%
Provisions
€234,645 ▼ 3.6%
Debt
€1.0m ▼ 7.3%
Debt's share of the balance-sheet total rises from 34.1% to 53.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€105,059▼
2024 · €114,895
Cash flow
€80,032▼
2024 · €90,952
Debt to equity
1.57▲
2024 · 0.58
ROE
4.6%▲
2024 · 1.7%
Interest coverage
4.14▼
2024 · 4.25
Debt ≤ 1 year
€150,986▼
2024 · €157,667
Debt > 1 year
€860,814▼
2024 · €929,323
Income taxes
€8,496▲
2024 · €5,937
Staff costs
€226
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 |
|---|---|
| Employees at the balance-sheet date | 1 |
| part-time | 1 |
| in full-time equivalents | 0.7 |
| Average over the year, in full-time equivalents | 1 |
| On a permanent contract | 1 |
| Joined | 0 |
| Left | 1 |
Source: social balance sheet in the 2021 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €2.0m | - | €112,942 | €2,767 |
| Depreciation and write-downs of the year | €51,470 | €39,422 | €49,817 | €58,628 | €50,076 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €441,784 | €618,235 | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €15,855 | - | - | - | €226 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €61,493 | €57,484 | €59,560 | €51,470 | €39,422 | €49,817 | €58,628 | €50,076 | ▼ 14.6% |
| Other operating charges640/8 | - | - | - | €26,383 | €21,809 | €12,964 | €13,617 | €9,513 | ▼ 30.1% |
| Non-recurring operating charges66A | - | - | - | - | €247,600 | €0 | - | - | - |
| Gross operating margin9900 | €174,661 | €203,748 | €158,949 | €193,604 | €482,583 | €688,645 | €128,511 | €114,798 | ▼ 10.7% |
| Operating profit (loss)9901 | €70,805 | €121,896 | €65,545 | €99,896 | €173,751 | €625,863 | €56,266 | €54,983 | ▼ 2.3% |
| Financial income75/76B | - | - | - | - | €73,847 | €1,170 | €0 | €3 | ▲ 18× |
| Recurring financial income75 | - | €182 | €1,008 | - | €32 | €1,170 | €0 | €3 | ▲ 18× |
| Non-recurring financial income76B | - | - | - | - | €73,815 | €0 | - | - | - |
| Financial charges65/66B | - | - | - | €67 | €14,601 | €30,569 | €27,023 | €25,361 | ▼ 6.1% |
| Recurring financial charges65 | €34,476 | €13,155 | €10,164 | €67 | €14,601 | €30,569 | €27,023 | €25,361 | ▼ 6.1% |
| Profit (loss) for the period before taxes9903 | €36,329 | €108,923 | €56,389 | €99,829 | €232,997 | €596,465 | €29,243 | €29,624 | ▲ 1.3% |
| Transfer from deferred taxes780 | - | - | - | - | €3,682 | €8,833 | €9,017 | €8,827 | ▼ 2.1% |
| Transfer to deferred taxes680 | - | - | - | - | €110,446 | €154,559 | - | - | - |
| Income taxes67/77 | €16,379 | €43,370 | €20,031 | €59,787 | €245 | -€1,500 | €5,937 | €8,496 | ▲ 43.1% |
| Profit (loss) for the period9904 | €19,950 | €65,553 | €36,358 | €40,042 | €125,987 | €452,240 | €32,323 | €29,956 | ▼ 7.3% |
| Transfer from tax-exempt reserves789 | - | - | - | - | €11,045 | €26,500 | €27,052 | €5,488 | ▼ 79.7% |
| Transfer to tax-exempt reserves689 | - | - | - | - | €331,338 | €463,676 | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €19,950 | €65,553 | €36,358 | €40,042 | -€194,306 | €15,064 | €59,375 | €35,444 | ▼ 40.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €2.1m | €1.6m | €1.6m | €1.5m | €3.4m | €3.3m | €3.2m | €1.9m | ▼ 41.0% |
| Fixed assets21/28 | €1.7m | €1.6m | €1.6m | €1.5m | €3.4m | €3.1m | €3.2m | €1.9m | ▼ 40.9% |
| Tangible fixed assets22/27 | €1.7m | €1.6m | €1.6m | €1.5m | €3.4m | €3.1m | €3.2m | €1.9m | ▼ 40.9% |
| Land and buildings22 | - | - | - | €1.5m | €3.4m | €3.1m | €3.2m | €1.9m | ▼ 40.9% |
| Plant, machinery and equipment23 | - | - | - | €345 | - | - | - | - | - |
| Furniture and vehicles24 | - | - | - | €0.01m | €0.007m | €0.005m | €0.002m | €0.003m | ▲ 10.7% |
| Other tangible fixed assets26 | - | - | - | €262 | - | - | - | - | - |
| Current assets29/58 | €0.5m | €0.04m | €0.02m | €0.02m | €0.03m | €0.1m | €0.02m | €0.005m | ▼ 72.7% |
| Amounts receivable within one year40/41 | €0.003m | €0.006m | €0.004m | €0.003m | €0.02m | €0.04m | - | - | - |
| Other amounts receivable41 | - | - | - | €0.003m | €0.02m | €0.04m | - | - | - |
| Current investments50/53 | €0.5m | - | - | - | - | - | - | - | - |
| Cash at bank and in hand54/58 | €0.01m | €0.03m | €0.02m | €0.01m | €0.007m | €0.07m | €0.01m | €0.002m | ▼ 89.2% |
| Deferred charges and accrued income490/1 | - | - | - | €150 | €0.002m | €0.002m | €0.002m | €0.003m | ▲ 62.2% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €2.1m | €1.6m | €1.6m | €1.5m | €3.4m | €3.3m | €3.2m | €1.9m | ▼ 41.0% |
| Equity10/15 | €1.2m | €1.3m | €1.3m | €1.4m | €1.5m | €1.9m | €1.9m | €0.6m | ▼ 65.6% |
| Contributions10/11 | €0.1m | €0.1m | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.05m | ▼ 59.5% |
| Reserves13 | €1.1m | €1.2m | €1.2m | €1.2m | €1.6m | €2.0m | €1.7m | €0.6m | ▼ 66.0% |
| Non-distributable reserves130/1 | - | - | - | €0.05m | €0.05m | €0 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.05m | €0.05m | €0 | - | - | - |
| Tax-exempt reserves132 | - | - | - | - | €0.3m | €0.8m | €0.7m | €0.1m | ▼ 80.0% |
| Distributable reserves133 | - | - | - | €1.2m | €1.2m | €1.2m | €1.0m | €0.4m | ▼ 56.0% |
| Profit (loss) carried forward14 | - | - | - | - | -€0.2m | -€0.2m | - | €0 | - |
| Provisions and deferred taxes16 | - | - | - | - | €0.1m | €0.3m | €0.2m | €0.2m | ▼ 3.6% |
| Deferred taxes168 | - | - | - | - | €0.1m | €0.3m | €0.2m | €0.2m | ▼ 3.6% |
| Amounts payable17/49 | €0.9m | €0.4m | €0.3m | €0.2m | €1.8m | €1.1m | €1.1m | €1.0m | ▼ 7.3% |
| Amounts payable after more than one year17 | €0.005m | - | - | - | €1.2m | €1.0m | €0.9m | €0.9m | ▼ 7.4% |
| Financial debts170/4 | - | - | - | - | €1.1m | €1.0m | €0.9m | €0.9m | ▼ 7.4% |
| Other amounts payable178/9 | - | - | - | - | €0.2m | €0 | - | - | - |
| Amounts payable within one year42/48 | €0.9m | €0.3m | €0.3m | €0.2m | €0.6m | €0.07m | €0.2m | €0.2m | ▼ 4.2% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €0.5m | €0.06m | €0.07m | €0.07m | ▲ 2.6% |
| Trade debts44 | €0.007m | €0.002m | €0.002m | €0.001m | €0.002m | €0.001m | - | €0.001m | - |
| Suppliers440/4 | - | - | - | €0.001m | €0.002m | €0.001m | - | €0.001m | - |
| Taxes, remuneration and social security45 | - | - | - | €0.001m | - | - | €0.01m | €0.008m | ▼ 22.3% |
| Taxes450/3 | - | - | - | - | - | - | €0.01m | €0.008m | ▼ 22.3% |
| Remuneration and social security454/9 | - | - | - | €0.001m | - | - | - | - | - |
| Other amounts payable47/48 | - | - | - | €0.2m | €0.06m | €0.002m | €0.08m | €0.07m | ▼ 9.0% |
| Accrued charges and deferred income492/3 | - | - | - | €0.004m | €0.004m | €0 | €0.008m | €0.003m | ▼ 67.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.02m | €0.07m | €0.04m | €0.04m | €0.1m | €0.5m | €0.03m | €0.03m | ▼ 7.3% |
| + Depreciation and write-downs630 | €0.06m | €0.06m | €0.06m | €0.05m | €0.04m | €0.05m | €0.06m | €0.05m | ▼ 14.6% |
| Operating cash flow (approximation) | €0.08m | €0.1m | €0.1m | €0.09m | €0.2m | €0.5m | €0.09m | €0.08m | ▼ 12.0% |
| Investment in fixed assets (approximation) | - | -€0.002m | -€0.04m | €0.003m | -€1.9m | €0.2m | -€0.1m | €1.3m | - |
| Change in cash | - | €0.02m | -€0.01m | -€0.007m | -€0.006m | €0.06m | -€0.06m | -€0.01m | ▲ 77.0% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 14,766 companies had the same profile as COMAPE has now. Two years later, 96.2% were still going and 0.2% had gone bankrupt.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
96.2%
was still going
3.5%
stopped otherwise
0.2%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of COMAPE itself is higher: 0.9% within 12 months. It rests on far more data about COMAPE than the profile alone.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 14,766 companies, not a prediction for COMAPE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 20 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 24-06-2026 | 2026-00193886 | |
| 31-12-2024 | micro format | 07-07-2025 | 2025-00238777 | |
| 31-12-2023 | micro format | 31-07-2024 | 2024-00311143 | |
| 31-12-2022 | micro format | 03-07-2023 | 2023-00188654 | |
| 31-12-2021 | micro format | 08-07-2022 | 2022-20182569 | |
| 31-12-2020 | micro format | 30-07-2021 | 2021-42700209 | |
| 31-12-2019 | micro format | 03-08-2020 | 2020-36800566 | |
| 31-12-2018 | micro format | 24-07-2019 | 2019-36500159 | |
| 31-12-2017 | micro format | 24-07-2018 | 2018-36300211 | |
| 31-12-2016 | abbreviated format | 25-07-2017 | 2017-34600344 |
Board & ownership
Directors
Directors
3 directors, 1 in day-to-day management, last change in 2027
Board 3
Kristel Peeters
Current
Director (not named in the articles) and managing director · since 01-12-2022 · term without a fixed end · listed in the 2025 annual accounts, filed on 24-06-2026
Peeters Nikki
Current
Nathan Vastesaeger
Current
Additional director · appointed in the act of 16-10-2026 · term without a fixed end
Day-to-day management 1
Kristel Peeters
Current
Director (not named in the articles) and managing director · appointed in the act of 11-05-2023 · term without a fixed end
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Vertegenwoordigingsbevoegdheid De vennootschap wordt, ten aanzien van derden, in en buiten rechte, in alle rechtshandelingen en akten, met…”
deed of 21-10-2026Owners and capital
Capital transactions
Capital over time
- 21-10-2026 Capital stated in the deed · 5,685 shares
- 19-09-2025 Capital stated in the deed · €1,259,130.88
- 03-06-2025 Capital stated in the deed · €125,521.30 · 5,685 shares
Mandate history
6 people, 3 in office
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| Kristel Peeters |
|
| Peeters Nikki |
|
| Nathan Vastesaeger |
|
| Annie Bouwen |
|
| Marc Peeters |
|
| Niki Peeters |
|
Articles of association
Board and representation
- Daily managementDay-to-day management handles the everyday running of the business without the full board.
- The board decides whether the delegates act alone or jointly
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “1, Zolang de vennootschap slechts één aandeelhouder telt, wordt zij bestuurd hetzij door de enige aandeelhouder, hetzij door een of meer…”“Handelingsbevoegdheid, Als er slechts één bestuurder is, bezit hij het geheel van de bevoegdheden. Hij mag een deel van deze bevoegdheden…”
Audit, dissolution and liquidation
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one.
- No statutory auditor
- Auditor ruleThe articles set how a statutory auditor is appointed and what they check.
- “Hernieuwbare termijn van 3 jaar, alleen om wettige redenen, op straffe van schadevergoeding”
Articles of association, deed of 21-10-2026 (in Dutch)
Network & group
Acquisitions and mergers
2 transactionsSplit off to:COPEBRU
Split off to:COPEBRU BV (in oprichting)
Companies at the same address
2 other companiesConnections & network
3 current directorsThe network starts from the directors of COMAPE. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
21-10
Gazette deed
Changes of role: PEETERS Marc (director) and BOUWEN Annie (director)Director discharge · Amendment of the articles · Capital14 points ▸
Gazette deed
Changes of role: PEETERS Marc (director) and BOUWEN Annie (director)
Director discharge · Amendment of the articles · Capital14 points ▸
- General meeting, 25-09-2026
- Director resignation, PEETERS Marc (statutory director)
- Director resignation, BOUWEN Annie (statutory director)
- Director discharge, PEETERS Marc (statutory director)
- Director discharge, BOUWEN Annie (statutory director)
- Amendment of the articles
- Capital
- Director appointment, PEETERS Marc (director (not named in the articles))
- Director appointment, BOUWEN Annie (director (not named in the articles))
- Board composition, PEETERS Kristel (director)
- Board composition, PEETERS Niki (director)
- Board composition, PEETERS Marc (director)
- The act holds 2 more points.
16-10
Gazette deed
Registered office moved from Brugge to BerchemNew seat: Sint-Hubertusstraat 89, 2600 Berchem · Previous seat: Riddersstraat 1, 8000 Brugge · Resignations: Niki Peeters, Marc Peeters and Annie Bouwen13 points ▸
Gazette deed
Registered office moved from Brugge to Berchem
New seat: Sint-Hubertusstraat 89, 2600 Berchem · Previous seat: Riddersstraat 1, 8000 Brugge · Resignations: Niki Peeters, Marc Peeters and Annie Bouwen13 points ▸
- General meeting, 25-09-2026
- Director resignation, Niki Peeters (director)
- Director resignation, Marc Peeters (director)
- Director resignation, Annie Bouwen (director)
- Director appointment, Nathan Vastesaeger (additional director)
- Board composition, Kristel Peeters (director), mentioned 2 times in the deed
- Board composition, Annie Bouwen (director)
- Board composition, Nathan Vastesaeger (director)
- Board meeting, 25-09-2026
- Director resignation, Niki Peeters (managing director)
- Registered-office move, Sint-Hubertusstraat 89, 2600 Berchem
- Other provision, “Ondernemingsrechtbank, procedural filing publication resignations” (deed in Dutch)
- The act holds 1 more point.
24-06
micro format · 37 days before the deadline
2025
19-09
Gazette deed
Demerger: COMAPE splits off to COPEBRUDeclaration · Real estate · Capital15 points ▸
Gazette deed
Demerger: COMAPE splits off to COPEBRU
Declaration · Real estate · Capital15 points ▸
- General meeting, 29-08-2025
- General meeting, “ontslag van de voorzitter van de voorlezing van de documenten” (deed in Dutch)
- Declaration, “volledige kennis van de inhoud van de documenten” (deed in Dutch)
- General meeting, “uitdrukkelijke stemming, afstand van het omstandig verslag van het bestuursorgaan en het verslag van de bedrijfsrevisor” (deed in Dutch)
- Declaration, “aandeelhouders hebben volledige kennis van het verslag van de bedrijfsrevisor en akkoord” (deed in Dutch)
- General meeting, “nota genomen van het feit dat er geen belangrijke wijzigingen in het actief en passief zijn sinds het splitsingsvoorstel, artikel 12:79 WVV” (deed in Dutch)
- General meeting, “afzonderlijke juridische structuur voor verdere ontwikkeling van bedrijfstakken, partiële splitsing” (deed in Dutch)
- Demerger, “partiele splitsing, splitsing door oprichting van een nieuwe vennootschap” (deed in Dutch)
- Real estate, “winkel gemerkt G in appartementsgebouw RESIDENTIE WESTLAND” (deed in Dutch)
- Capital, €1,259,130.88
- Accounting effect, 01-01-2025
- Declaration, “geen bijzondere rechten worden toegekend, geen bijzondere voordelen aan de leden van de bestuursorganen” (deed in Dutch)
- The act holds 3 more points.
07-07
micro format · 24 days before the deadline
03-06
Gazette deed
Demerger proposal: COMAPE BV splits off to COPEBRUAppointment: Finvision Bedrijfsrevisoren Antwerpen BV (company auditor) · Capital · Real estate16 points ▸
Gazette deed
Demerger proposal: COMAPE BV splits off to COPEBRU
Appointment: Finvision Bedrijfsrevisoren Antwerpen BV (company auditor) · Capital · Real estate16 points ▸
- Demerger, “partiële splitsing door oprichting, afsplitting van een deel van het vermogen (rechten en verplichtingen) van de partieel te splitsen vennootschap naar de verkr…” (deed in Dutch)
- Capital, €125,521.30
- Board composition, Marc Peeters (director), mentioned 2 times in the deed
- Board composition, Annie Bouwen (director), mentioned 2 times in the deed
- Board composition, Kristel Peeters (director), mentioned 2 times in the deed
- Board composition, Niki Peeters (director), mentioned 2 times in the deed
- Other provision, 2, “bedrijfstakken” (deed in Dutch)
- Demerger, “partial demerger by incorporation”, EUR (deed in Dutch)
- Real estate, “onroerend goederen verbonden aan IMMO 2 worden overgedragen” (deed in Dutch)
- Other provision, “alle activa en passiva waarvan niet met zekerheid kan worden gesteld of zij aan de verkrijgende vennootschap dan wel aan de partieel te splitsen vennootschap to…” (deed in Dutch)
- Auditor appointment, Finvision Bedrijfsrevisoren Antwerpen BV (company auditor)
- Declaration, “opstellen verslag bedrijfsrevisor overeenkomstig artikel 12:78 WVV en verslag bestuursorgaan overeenkomstig artikel 12:77 WVV is niet van toepassing” (deed in Dutch)
- The act holds 4 more points.
2024
31-07
micro format · on the deadline day
2023
31-12
Financial
Highest result from 2018 to 2025net €452,240 ▲259%
The operating result of €625,863 and the net result of €452,240 are both a record.
31-12
Financial
Liquidity more than 33 timescurrent ratio 1.72
The current ratio rises from 0.05 to 1.72. Short-term debt falls from €553,765 to €67,929.
03-07
micro format · 28 days before the deadline
11-05
Gazette deed
Appointments: Kristel Peeters (director and managing director) and Niki Peeters (director and managing director)3 points ▸
Gazette deed
Appointments: Kristel Peeters (director and managing director) and Niki Peeters (director and managing director)
3 points ▸
- General meeting, 06-12-2022
- Director appointment, Kristel Peeters (director (not named in the articles) and managing director)
- Director appointment, Niki Peeters (director (not named in the articles) and managing director)
2022
08-07
micro format · 23 days before the deadline
Show earlier events
2021
30-07
micro format · 1 day before the deadline
2020
03-08
micro format · 3 days late
2019
24-07
micro format · 7 days before the deadline
2018
24-07
micro format · 7 days before the deadline
2017
25-07
abbreviated format · 6 days before the deadline
2005
01-08
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
COMAPE in Dutch
Enterprise number
0875.207.640
Legal form
Private limited company
Status
Active, normale toestand
Founded
20-07-2005
Entity type
Legal entity
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest, kan, bij beslissing van het bestuursorgaan, dochtervennootschappen oprichten alsook administratieve zetels, bijkantoren en…”
deed of 21-10-2026 (in Dutch)Registered office and establishments
Registered office
Riddersstraat 1, 8000 Brugge, Belgium
Establishment unit
COMAPE, Riddersstraat 1, 8000 Brugge since 04-08-2005 · unit number 2.148.290.6727010001 Activities of head offices
Activities
NACEBEL 2025VAT activities
68201
Renting and operating of own or leased residential real estate, excluding social housing main activity
64210
Activities of holding companies
Social security (RSZ) activities
70200
Business and other management consultancy main activity
Codes under NACEBEL 2008
VAT activities
68201
Real estate activities main activity
64200
Holdings
Social security (RSZ) activities
70220
Business consulting main activity
Codes under NACEBEL 2003
74151
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 21-10-2026 (in Dutch)
“1. Het verlenen van advies, bijstand, en leiding aan bedrijven, privé-personen en instellingen, voornamelijk doch niet uitsluitend op het…”
10 activities
- 1. Het verlenen van advies, bijstand, en leiding aan bedrijven, privé-personen en instellingen, voornamelijk doch niet uitsluitend op het vlak van management, marketing, productie en ontwikkeling, processing en het besturen van vennootschappen, dit alles in de meest ruime betekenis.
- 2. het beleggen, het intekenen op, vast overnemen, plaatsen, kopen, verkopen en verhandelen van aandelen, deelbewijzen, obligaties, warrants, certificaten, schuldvorderingen, gelden en andere roerende waarden, uitgegeven door Belgische of buitenlandse ondernemingen al dan niet onder de vorm van handelsvennootschappen, administratiekantoren, instellingen en verenigingen al dan niet met een (semi)-publiekrechterlijk statuut.
- 3. Het beheren van beleggingen en van participaties in dochtervennootschappen, het waarnemen van bestuurdersfuncties, het verlenen van advies, management en andere diensten aan of in overeenstemming met de activiteiten die de vennootschap zelf voert. Deze diensten kunnen worden geleverd krachtens contractuele of statutaire benoemingen en in de hoedanigheid van externe raadgever of orgaan van de cliënt.
- 4. Het verstrekken van leningen en voorschotten onder eender welke vorm of duur, aan alle verbonden ondernemingen of ondernemingen waarin ze een participatie bezit, alsmede het waarborgen van alle verbintenissen van zelfde ondernemingen.
- 5. De vennootschap kan zelf of als tussenpersoon alle hulpmiddelen verschaffen, bestuurdersfuncties waarnemen of laten waarnemen en diensten verlenen die direct of indirect verband houden met de voorgaande. Deze diensten kunnen worden geleverd krachtens een contractuele of statutaire benoeming en in de hoedanigheid van externe raadgever of orgaan van de cliënt. Ter uitvoering van haar opdrachten en voor het waarnemen van bestuursmandaten kan de vennootschap zich laten vertegenwoordigen door haar bestuurder of elke andere derde vertegenwoordiger, die door de vennootschap worden afgevaardigd om op te treden in eigen naam doch voor rekening van de vennootschap.
- 6. Het aanleggen, het oordeelkundig uitbouwen en beheren van een onroerend vermogen; alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten, zoals de aan- en verkoop, de bouw, de verbouwing, de binnenhuisinrichting en decoratie, de huur- en verhuur, onroerende leasing, de ruil, de verkaveling en, in het algemeen, alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het beheer of op het productief maken, van onroerende goederen of onroerende zakelijke rechten.
- 7. Het aanleggen, het oordeelkundig uitbouwen en beheren van een roerend vermogen; alle verrichtingen met betrekking tot roerende goederen en rechten, van welke aard ook, zoals de aan-en verkoop, de huur- en verhuur, de ruil; in het bijzonder het beheer en de valorisatie van alle verhandelbare waardepapieren, aandelen, obligaties, staatsfondsen;
- 8. Het verwerven en aanhouden van participaties, in eender welke vorm, in alle bestaande of op te richten, industriële, commerciële, financiële, landbouw- of immobiliënvennootschappen of –ondernemingen; het stimuleren, de planning en coördinatie van de ontwikkeling van de vennootschappen en ondernemingen, waarin ze een participatie aanhoudt; het deelnemen aan hun beheer, bestuur, vereffening, en toezicht alsmede het verlenen van technische, administratieve en financiële bijstand aan deze vennootschappen en ondernemingen.
- 9. Het geven, organiseren of assisteren bij of meewerken aan seminaries, onderwijs, publicaties, studies en onderzoek en het commercialiseren, verspreiden of publiceren onder welke vorm en op welke wijze ook van publicaties, studies en onderzoeksresultaten in verband met één van voornoemde activiteiten of onderwerpen.
- 10. Het registreren, beheren, ontwikkelen, verlenen, ter beschikkingstellen of verhandelen van merken, octrooien, brevetten, licenties, gebruiks- en exploitatierechten en know-how in de meest uitgebreide zin met betrekking tot één of meerdere van de hiervoor opgesomde activiteiten of onderwerpen. De vennootschap mag bij wijze van inbreng in speciën of in natura, van fusie, inschrijving, deelneming, financiële tussenkomst of op een andere wijze, een aandeel nemen in alle bestaande of op te richten vennootschappen of bedrijven, in België of het buitenland, waarvan het maatschappelijk voorwerp identiek, gelijkaardig of verwant is met het hare, of van aard is de uitoefening van haar maatschappelijk voorwerp te bevorderen. Deze opsomming is niet limitatief en de termen vermogensbeheer of advies in deze statuten vermeld zijn activiteiten andere dan deze vermeld in artikel 157 van de wet van vier december negentienhonderd negentig op de financiële transacties en de financiële markten.
Invoicing and payment
VAT number
BE 0875.207.640
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Friday of June at 18:00
deed of 21-10-2026 (in Dutch)Proxy ruleThe articles set whether a shareholder may be represented at the meeting by someone else.
“Uiterlijk 5 werkdagen voor datum van vergadering, verleende volmacht blijft geldig voor elke volgende algemene vergadering in mate waarin…”
deed of 21-10-2026 (in Dutch)Environmental permits
1 application in Flanders since 2022 · 1 granted
Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden
Source: Omgevingsloket Vlaanderen.
Sites & property
Location
Buildings and parcels at the address
Ground area
810 m²
Building footprint
507 m²
Building volume
5,486 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 31005A0715/00S000 | Flanders | 810 m² | 1 · 507 m² | 16.5 m · 4 |
1 of these parcels carries protected heritage. Expect extra rules on renovation or sale.