COOPERATIVE CONSTRUCTORS
ActiveFor COOPERATIVE CONSTRUCTORS, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €54k and a net result of €12k. Equity is growing by ~23.4% per year across the filed fiscal years. Its solvency ranks better than 57% of 9982 sector peers (fiscal year 2024). The company has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
No current score
Figures too old
The available figures for FY 2024 are too old to assess current financial health.
Filing: One filing cycle is missing
Axes, FY 2024 · tick = 2023
Profitability83▲+7
Solvency74▼-24
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
49.1%
Return on assets
11.4%
Age of the figures
27 mo
raises risk · Annual accounts not filed
The financial year that closed on 30-06-2025 was due at the National Bank by 31-01-2026. Nothing is on record, 229 days later.
NBB · 10 filingsPosition against the passed deadline
30-06-2025 close31-01-2026 deadline17-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 30-06-2024 was due by 31-01-2025 and was filed on 27-02-2025, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
27 d late
2023
21 d late
2022
27 d late
2020
22 d late
2019
28 d late
2018
25 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€12k▲ 294%
2023 · €3k
2019: €-4k
2020: €7k
2022: €10k
2023: €3k
2019 → 2024
Working capital
€51k▲ 39.4%
2023 · €36k
2019: €6k
2020: €10k
2022: €32k
2023: €36k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202220232024Trend
Equity€8k-€15k▲ 88.4%€38k▲ 151%€41k▲ 8.3%€54k▲ 30.1%
Operating result€-4k-€8k€24k▲ 185%€4k▼ 82.8%€19k▲ 359%
Net result€-4k-€7k€10k▲ 41.2%€3k▼ 68.7%€12k▲ 294%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 359% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €110k
Fixed assets
€3k▼ 36.5%
Current assets
€106k▲ 105%
Equity and liabilities €110k
Equity
€54k▲ 30.1%
Debt
€56k▲ 257%
The debt ratio rises from 27.4% to 50.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€21k▲
2023 · €6k
Cash flow
€15k▲
2023 · €5k
Solvency
49.1%▼
2023 · 72.6%
Current ratio
1.91▼
2023 · 3.32
Quick ratio
1.91▼
2023 · 3.32
Debt / equity
1.04▲
2023 · 0.38
ROE
23.1%▲
2023 · 7.6%
ROA
11.4%▲
2023 · 5.5%
Interest coverage
26.91▲
2023 · 21.98
Debt
€56k▲
2023 · €16k
Debt ≤ 1 year
€56k▲
2023 · €16k
Income taxes
€6k▲
2023 · €883
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€57k€110k▲
Fixed assets21/28€5k€3k▼
Tangible fixed assets22/27€5k€3k▼
Plant, machinery and equipment23€90€30▼
Furniture and vehicles24€5k€3k▼
Financial fixed assets28€100€100=
Current assets29/58€52k€106k▲
Amounts receivable within one year40/41€33k€89k▲
Trade receivables40€23k€73k▲
Other amounts receivable41€10k€16k▲
Cash at bank and in hand54/58€17k€16k▼
Deferred charges and accrued income490/1€2k€796▼
Equity and liabilities
Total equity and liabilities10/49€57k€110k▲
Equity10/15€41k€54k▲
Contributions10/11€6k€6k=
Outside capital11€6k€6k=
Other1109/19€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€33k€46k▲
Amounts payable17/49€16k€56k▲
Amounts payable within one year42/48€16k€56k▲
Trade debts44€12k€9k▼
Suppliers440/4€12k€9k▼
Advances received on contracts in progress46-€34k
Taxes, remuneration and social security45€4k€13k▲
Taxes450/3€4k€8k▲
Remuneration and social security454/9-€5k
Other amounts payable47/48€51€150▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Other operating charges640/8€372€154▼
Gross operating margin9900€6k€21k▲
Operating profit (loss)9901€4k€19k▲
Financial income75/76B€224€0▼
Recurring financial income75€224€0▼
Financial charges65/66B€277€778▲
Recurring financial charges65€277€778▲
Profit (loss) for the period before taxes9903€4k€18k▲
Income taxes67/77€883€6k▲
Profit (loss) for the period9904€3k€12k▲
Profit (loss) for the period to be appropriated9905€3k€12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€33k€46k▲
Profit (loss) brought forward from the previous period14P€30k€33k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
30-06
Financial
Highest result since 2019net €12k ▲294%
Net result €12k, the highest in the series.
21-02
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 21 days late
2023
27-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 27 days late
2021
22-02
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 22 days late
2020
30-06
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
28-02
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 28 days late
2019
25-02
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 25 days late
2018
29-01
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
09-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
08-01
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
09-01
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2013
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
01-10-2013
Matthieu Poppe: Resigned as Director
30-09-2013
Alik Bostan: Resigned as Director
31-12-2012
Matthieu Poppe: Resigned as Director
30-06-2007
Jean-Michel VAN BAEL: Resigned as Manager
Location & real-estate footprint
Registered office, Waterloo · 1 establishment unit since 2005
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue Bruyère-Saint-Jean 1421410 WaterlooGround area
1,115 m²
Building footprint
509 m²
Volume, LiDAR
3,348 m³
2 parcels, Brussels, Wallonia · tallest building 10.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ENTREPRISE VAN BAEL-KOPER
since 20052.145.870.325
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25762E0206/00A000 | Wallonia | 1,001 m² | 1 · 464 m² | 10.9 m · 2 fl. |
| 21652E0084/00N002 | Brussels | 114 m² | 1 · 46 m² | 10.3 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Structure & network
Connections & network
1 connected companyNetwork connections
Shared address
→
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IDEAL CONSTRUCT
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Of 29,808 companies in sector 41001 we hold annual accounts for 16,033. 13,117 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formCoöperatieve vennootschap met beperkte aansprakelijkheid
Founded16-12-2004
Fiscal year end30-06
Abbreviation FR
COPCO
Activities, NACEBEL
41001General construction of residential buildings
45211
16230Manufacture of other builders' carpentry and joinery
20300
41003General construction of other non-residential buildings
42220Construction of utility projects for electricity and telecommunications
43410Roofing work
45212
45213
45215
45220
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.