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 €13.56M and a net result of €1.50M. Equity is growing by ~4.7% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability69=
Solvency75▼-6
Growth66=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €850k 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.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
50%
Return on assets
5.5%
Age of the figures
11 mo
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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 →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-10-2026 close31-05-2027 deadline
Financials · fiscal year 2025, unclassified schema
Turnover
€53.89M▼ 0.5%
2024 · €54.15M
2018: €45.11M
2019: €1.21B
2020: €46.80M
2021: €53.17M
2022: €57.27M
2023: €60.22M
2024: €54.15M
2018 → 2025
EBIT margin
3.9%▼ 0.2pp
2024 · 4.0%
2018: 1.9%
2019: 0.1%
2020: 2.2%
2021: 2.0%
2022: 2.3%
2023: 2.5%
2024: 4.0%
2018 → 2025
Net result
€1.50M▲ 15.7%
2024 · €1.30M
2018: €555k
2019: €629k
2020: €634k
2021: €417k
2022: €782k
2023: €924k
2024: €1.30M
2018 → 2025
Working capital
€-311k▲ 70.3%
2024 · €-1.05M
2018: €1.95M
2019: €-4.14M
2020: €2.34M
2021: €-624k
2022: €-3.99M
2023: €-4.20M
2024: €-1.05M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€53.17M-€57.27M▲ 7.7%€60.22M▲ 5.1%€54.15M▼ 10.1%€53.89M▼ 0.5%
Equity€18.11M-€15.84M▼ 12.5%€13.76M▼ 13.1%€15.06M▲ 9.4%€13.56M▼ 10.0%
Operating result€1.08M-€1.31M▲ 21.5%€1.51M▲ 15.1%€2.19M▲ 45.0%€2.09M▼ 4.8%
Net result€417k-€782k▲ 87.2%€924k▲ 18.3%€1.30M▲ 40.4%€1.50M▲ 15.7%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 5% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €27.13M
Fixed assets
€14.26M ▼ 13.5%
Current assets
€12.87M ▲ 25.9%
Equity and liabilities €27.13M
Equity
€13.56M ▼ 10.0%
Debt
€13.57M ▲ 16.5%
Debt's share of the balance-sheet total rises from 43.6% to 50.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€4.80M▼
2024 · €5.09M
Cash flow
€4.21M▲
2024 · €4.19M
Current ratio
0.98▲
2024 · 0.91
Debt to equity
1.00▲
2024 · 0.77
ROE
11.1%▲
2024 · 8.6%
ROA
5.5%▲
2024 · 4.9%
Interest coverage
91.95▲
2024 · 77.95
Debt ≤ 1 year
€13.18M▲
2024 · €11.27M
Debt > 1 year
€387k▲
2024 · €382k
Income taxes
€623k▼
2024 · €827k
Staff costs
€22.51M▼
2024 · €22.81M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 65 lines
Balance sheet
Code20242025
Assets
Total assets20/58€26.71M€27.13M▲
Fixed assets21/28€16.49M€14.26M▼
Intangible fixed assets21€197k€135k▼
Tangible fixed assets22/27€16.27M€14.10M▼
Plant, machinery and equipment23€14.02M€11.52M▼
Furniture and vehicles24€508k€476k▼
Other tangible fixed assets26€985k€888k▼
Assets under construction and advance payments27€759k€1.22M▲
Financial fixed assets28€20k€20k=
Other financial fixed assets284/8€20k€20k=
Shares284€12k€12k=
Amounts receivable and cash guarantees285/8€8k€8k=
Current assets29/58€10.22M€12.87M▲
Amounts receivable within one year40/41€8.40M€12.03M▲
Trade receivables40€8.40M€5.11M▼
Other amounts receivable41€3k€6.92M▲
Cash at bank and in hand54/58€1.42M€454k▼
Deferred charges and accrued income490/1€402k€393k▼
Equity and liabilities
Total equity and liabilities10/49€26.71M€27.13M▲
Equity10/15€15.06M€13.56M▼
Contributions10/11€12.50M€12.50M=
Reserves13€224k€224k=
Non-distributable reserves130/1€224k€224k=
Reserves not available under the articles1311€224k€224k=
Profit (loss) carried forward14€2.34M€838k▼
Amounts payable17/49€11.65M€13.57M▲
Amounts payable after more than one year17€382k€387k▲
Other amounts payable178/9€382k€387k▲
Amounts payable within one year42/48€11.27M€13.18M▲
Financial debts43€448k-
Credit institutions430/8€448k-
Trade debts44€6.18M€5.18M▼
Suppliers440/4€6.18M€5.18M▼
Taxes, remuneration and social security45€4.64M€5.01M▲
Taxes450/3€688k€710k▲
Remuneration and social security454/9€3.95M€4.30M▲
Other amounts payable47/48-€3.00M
Income statement
Code20242025
Operating income70/76A€55.06M€54.85M▼
Turnover70€54.15M€53.89M▼
Other operating income74€910k€962k▲
Operating charges60/66A€52.87M€52.77M▼
Services and other goods61€27.13M€27.53M▲
Remuneration, social security and pensions62€22.81M€22.51M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2.90M€2.71M▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€6k€5k▼
Other operating charges640/8€28k€13k▼
Operating profit (loss)9901€2.19M€2.09M▼
Financial income75/76B€13k€113k▲
Recurring financial income75€13k€113k▲
Income from current assets751-€67k
Other financial income752/9€13k€46k▲
Financial charges65/66B€78k€73k▼
Recurring financial charges65€78k€73k▼
Debt charges650€65k€52k▼
Other financial charges652/9€13k€21k▲
Profit (loss) for the period before taxes9903€2.13M€2.12M=
Income taxes67/77€827k€623k▼
Taxes670/3€827k€623k▼
Profit (loss) for the period9904€1.30M€1.50M▲
Profit (loss) for the period to be appropriated9905€1.30M€1.50M▲
Appropriation of the result
Profit (loss) to be appropriated9906€2.34M€3.84M▲
Profit (loss) brought forward from the previous period14P€1.04M€2.34M▲
Profit to be distributed694/7-€3.00M
Return on contributions (dividend)694-€3.00M
Social balance
Average headcount (FTE)9087353.1343.0▼
The notes to these accounts (54 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-09
State Gazette act
Resignations: Brian Andrews, Richard Cheshire and Agostino RicupatiAppointments: Michael John Goop, Sharon Elizabeth Hill and Nigel Penfold · Director discharge · Power of attorney13 facts ▸
State Gazette act
Resignations: Brian Andrews, Richard Cheshire and Agostino Ricupati
Appointments: Michael John Goop, Sharon Elizabeth Hill and Nigel Penfold · Director discharge · Power of attorney13 facts ▸
- General meeting, 25-08-2026
- Director resignation, Brian Andrews (director)
- Director resignation, Richard Cheshire (director)
- Director resignation, Agostino Ricupati (director)
- Director discharge, Brian Andrews (director)
- Director discharge, Richard Cheshire (director)
- Director discharge, Agostino Ricupati (director)
- Director appointment, Michael John Goop (director)
- Director appointment, Sharon Elizabeth Hill (director)
- Director appointment, Nigel Penfold (director)
- Power of attorney, Pierre-Axel Chabot
- Power of attorney, Robbe Janssen
- +1 further facts in this act
07-06
NBB filing
Annual accounts filed
fiscal year 2025 · unclassified schema · 7 days late
2025
31-10
Financial
Highest result since 2018net €1.50M ▲15.7%
Net result €1.50M, the highest in the series.
11-06
NBB filing
Annual accounts filed
fiscal year 2024 · unclassified schema · 11 days late
2024
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · unclassified schema · 39 days late
2023
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · unclassified schema · 40 days late
2022
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · unclassified schema · 85 days late
2021
31-10
Financial
Weakest financial yearnet €417k ▼34.1%
Net result drops to €417k, the lowest in the series; recovery starts the following year.
29-09
NBB filing
Annual accounts filed
fiscal year 2020 · unclassified schema · 121 days late
2020
31-10
Financial
Equity above €10MEq €17.72M ▲131%
3 profitable years in a row build equity to €17.72M.
26-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 148 days late
2019
03-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
28-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
24-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
under verification, no change since 2026
This board is reconstructed from a single act (26119091). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
Michael John Goop
CurrentDirector · since 25-08-2026
Nigel Penfold
CurrentDirector · since 25-08-2026
Sharon Elizabeth Hill
CurrentDirector · since 25-08-2026
25-08-2026
Michael John Goop: Appointed as Director
25-08-2026
Nigel Penfold: Appointed as Director
25-08-2026
Sharon Elizabeth Hill: Appointed as Director
25-08-2026
Agostino Ricupati: Resigned as Director
25-08-2026
Brian Andrews: Resigned as Director
Location & real-estate footprint
Registered office, Herstal · 1 establishment unit since 2006
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.
Parc Ind. des Hauts Sarts, 1e av 32Q4040 Herstal1 establishment unit
-
since 20062.153.096.231
Recognitions · licences · registrations
Legal Entity Identifier
875500805FUWNSMTAO34
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Of 250 companies in sector 46432 we hold annual accounts for 171. 33 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-02-2006
Fiscal year end31-10
Activities, NACEBEL 2025
46432Wholesale trade
52100Warehousing and storage
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filings
Scores and ratios are computed by Checked and are not a credit decision.