Financials
- Fiscal year
- 2025
- Turnover
- €53.9m
- Profit
- €1.5m
- Solvency
- 50.0%
Turnover▼ 0.5%
Net result
20182025
COOPERVISION DISTRIBUTION
ActiveSummary
COOPERVISION DISTRIBUTION has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €13.6m and a net result of €1.5m. Equity is growing by ~4.7% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Activity
Wholesale trade
NACE 46432NACE 46433NACE 51473
#2 employer in the province of Liège, Wholesale trade sector1 site
Size
€53.9mturnover 2025
- Staff
- 343 FTE
- Equity
- €13.6m
- Profit
- €1.5m
Structure
- Parent
- COOPERVISION MANUFACTURING LIMITED
- Board
- 3 members
- Holdings
- 1
Auditor: SRL LIBRA - AUDIT & ASSURANCEAccounts filed 7 d late2 of 19 deeds read
Why 87- Liquidity: current ratio 0.98, cash €453,828, halved- Latest accounts 7 days late; 1 of the last 3 late+ Founded in 2006+ Size: turnover €53.9m, 343 FTE, total assets €27.1mShow the evidence
Checked score
Score 2025
87
/ 100
Excellent
Probability in this band: under 0.55%
Better than 55% of its sector peers (NACE 46, large)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Average
Solvency
75-6
equity 50.0% of total assets
Liquidity
28-9
short-term debt 48.6% · cash 1.7%
Profitability
69=
return on assets 5.5%
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.5%
12-2024: 0.5%▲ +1.0% vs 11-2024
01-2025: 0.5%▼ -1.0% vs 12-2024
02-2025: 0.5%▼ -1.2% vs 01-2025
03-2025: 0.5%▲ +1.0% vs 02-2025
04-2025: 0.5%▲ +11.4% vs 03-2025
05-2025: 0.7%▲ +28.2% vs 04-2025
06-2025: 1.0%▲ +38.6% vs 05-2025highest value
07-2025: 0.2%▼ -77.6% vs 06-2025
08-2025: 0.2%● 0.0% vs 07-2025
09-2025: 0.2%● 0.0% vs 08-2025
10-2025: 0.2%● 0.0% vs 09-2025
11-2025: 0.2%● 0.0% vs 10-2025
12-2025: 0.2%▼ -3.7% vs 11-2025
01-2026: 0.2%▼ -1.4% vs 12-2025
02-2026: 0.2%▼ -2.9% vs 01-2026lowest value
03-2026: 0.2%▲ +3.5% vs 02-2026
04-2026: 0.2%▲ +2.4% vs 03-2026
05-2026: 0.2%▲ +10.3% vs 04-2026
06-2026: 0.5%▲ +96.2% vs 05-2026
07-2026: 0.3%▼ -39.5% vs 06-2026
08-2026: 0.3%● 0.0% vs 07-2026
09-2026: 0.3%▲ +2.1% vs 08-2026
10-2026: 0.3%● 0.0% vs 09-2026
- Liquidity: current ratio 0.98, cash €453,828, halved raises the probability
- Founded in 2006 lowers the probability for this profile
- Latest accounts 7 days late; 1 of the last 3 late raises the probability
- Size: turnover €53.9m, 343 FTE, total assets €27.1m lowers the probability for this profile
Credit up to €1,150,000 at 30 days acceptable
Liquidity short (current ratio 0.98 against 0.91 in 2024; short-term debt: 48.6% and cash: 1.7% of total assets), and 50% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 46, large). Better than this share of them on solvency 68%, liquidity 42%, profitability 76%, growth against the median 33%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-10-2025 was due by 31-05-2026 and was filed on 07-06-2026, 7 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
7 d late
2024
11 d late
2023
39 d late
2022
40 d late
2021
85 d late
2020
121 d late
2019
148 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 64 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-10-2026 and is due by 31-05-2027. Nothing is late today. Usually files around 10 July (4 of the last 5 filed years within 33 days of that day).
Companies Code · seven monthsPosition in the running window
03-10-2026 today31-10-2026 close31-05-2027 deadline
- Resignations: Brian Andrews, Richard Cheshire and…Appointments: Michael John Goop, Sharon…
- Permanent representatives: Hanine Essaheli and Adriaan…Reappointment: LIBRA - AUDIT &…
- Annual accounts filedfiscal year 2025 · unclassified…
Key points
- Caution: Board changedlatest change 25-08-2026 · 3 in office 3 joined · 3 left View
- Positive: Employer in the province of Liège, Wholesale trade…in the Checked rankings #2 View
- Positive: 8 profitable years in a rowprofit 2025: €1.5m 8 years View
- Controlled by COOPERVISION MANUFACTURING LIMITED parent View
By topic
Board & ownership
- Board
- 3 members
- Parent
- COOPERVISION MANUFACTURING LIMITED
- Auditor
- SRL LIBRA - AUDIT…
Go to Board & ownership
Network & group
- Holdings
- 1
1 holding
Timeline
- Events
- 15
- Since
- 2017
- Next accounts
- by 31-05-2027
- 23-09-2026Resignations: Brian Andrews, Richard Cheshire and Agostino…
- 19-06-2026Permanent representatives: Hanine Essaheli and Adriaan de…
- 07-06-2026Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Wholesale tradeNACE 46432
- Founded
- 20-02-2006
- Year ends
- 31-10
- Peppol
- Reachable for e-invoices
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