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COPACO SCREENWEAVERS

Active
Public limited companyfounded 195570 yrs activeRijksweg 125, 8531 Harelbeke, BelgiumKBO/BCE: BE 0400.534.378
Summary

COPACO SCREENWEAVERS has been active since 1955 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €15.3m and a net result of €3.5m. Equity is growing by ~19.8% per year across the filed fiscal years. Its solvency ranks better than 46% of 188 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisWatch ReportCompare
COPACO SCREENWEAVERSActiveChecked score 94/100
Risk analysis ReportCompare

Overview

Activity
Manufacture of textiles
NACE 13960Manufacture of textiles NACE 13200NACE 17540
#2 oldest company in Harelbeke, Manufacturing sector1 site
Size
€44.9mturnover 2025
Staff
162 FTE
Equity
€15.3m
Profit
€3.5m
Financial health
94 Excellent Checked score 2025
Bankruptcy chance 12 m
0.1%
Structure
Parent
Mermet Europe · 99.99%
Board
1 member
Auditor: EY Bedrijfsrevisoren BVAccounts 37 d early
Why 94- Liquidity: current ratio 1.19, cash €1.2m- 1 of the last 3 late+ Size: turnover €44.9m, 162 FTE, total assets €29.6m+ Founded in 1955Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Better than 58% of its sector peers (NACE 13, medium-sized)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Strong
Solvency 77+10
equity 51.9% of total assets
Liquidity 31+6
short-term debt 48.0% · cash 4.0%
Profitability 80+8
return on assets 11.7%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (55 companies)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● 0.0% vs 11-2024 01-2025: 0.1%● 0.0% vs 12-2024 02-2025: 0.1%▼ -4.5% vs 01-2025 03-2025: 0.1%● 0.0% vs 02-2025 04-2025: 0.1%▼ -1.2% vs 03-2025lowest value 05-2025: 0.1%▲ +4.8% vs 04-2025 06-2025: 0.1%▲ +3.4% vs 05-2025 07-2025: 0.1%▲ +30.8% vs 06-2025 08-2025: 0.1%▲ +22.7% vs 07-2025highest value 09-2025: 0.1%● 0.0% vs 08-2025highest value 10-2025: 0.1%● 0.0% vs 09-2025highest value 11-2025: 0.1%● 0.0% vs 10-2025highest value 12-2025: 0.1%● 0.0% vs 11-2025highest value 01-2026: 0.1%● 0.0% vs 12-2025highest value 02-2026: 0.1%▼ -4.1% vs 01-2026 03-2026: 0.1%▼ -0.7% vs 02-2026 04-2026: 0.1%▼ -3.6% vs 03-2026 05-2026: 0.1%▲ +3.7% vs 04-2026 06-2026: 0.1%▲ +2.2% vs 05-2026 07-2026: 0.1%▼ -20.4% vs 06-2026 08-2026: 0.1%● 0.0% vs 07-2026 09-2026: 0.1%● 0.0% vs 08-2026 10-2026: 0.1%● 0.0% vs 09-2026
  • Liquidity: current ratio 1.19, cash €1.2m raises the probability
  • Size: turnover €44.9m, 162 FTE, total assets €29.6m lowers the probability for this profile
  • Founded in 1955 lowers the probability for this profile
  • 1 of the last 3 late raises the probability
Credit up to €1,400,000 at 30 days acceptable
Liquidity tight (current ratio 1.19 against 0.88 in 2024; short-term debt: 48% and cash: 4% of total assets), and 48.1% 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 13, medium-sized). Better than this share of them on solvency 40%, liquidity 18%, profitability 85%, growth against the median 89%. 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
raises risk · Liquidity: current ratio 1.19, cash €1.2m
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Size: turnover €44.9m, 162 FTE, total assets €29.6m
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
lowers risk · Founded in 1955
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · 1 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
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 filings
Deviation from the deadline
2025
37 d early
2024
78 d late
2023
37 d early
2022
40 d early
2021
44 d early
2020
36 d early
2019
17 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 14 days before the deadline; the sector median for financial year 2024 is 13 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 24 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
04-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Permanent representative: Leen DefoerAppointment: EY Bedrijfsrevisoren BV (statutory…
  2. Annual accounts filedfiscal year 2025 · full…
  3. Appointment: Luc Janvier (director)Mandate compensation

Key points

  • Positive: Result rose in 2025from €1.6m to €3.5m ▲ 110% View
  • Positive: Among the best 5% on net resultsector median €87,222 · 189 companies €3.5m View
  • Controlled by Mermet Europeknown shareholders 100% 99.99% View
  • Positive: 7 profitable years in a rowprofit 2025: €3.5m 7 years View
  • Active since 1955founded 30-12-1955 70 years View
  • Flemish supportawarded 2022 - 2025 €60,937 View

By topic

Financials

Fiscal year
2025
Turnover
€44.9m
Profit
€3.5m
Solvency
51.9%
Turnover▲ 12.8%
Net result
20192025
Go to Financials

Board & ownership

Board
1 member
Parent
Mermet Europe · 99.99%
Known shareholders
100%
Auditor
EY Bedrijfsrevisoren BV
Go to Board & ownership

Timeline

Events
30
Since
2005
Next accounts
by 31-07-2027
  1. 29-09-2026Permanent representative: Leen Defoer
  2. 24-06-2026Annual accounts filed
  3. 14-11-2025Appointment: Luc Janvier (director)
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Manufacture of textilesNACE 13960
Founded
30-12-1955
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
1
Purpose
De fabricatie en productie van kunststof, gaas, doeken en alle soorten weefsels. De aan-…
Go to Articles of association

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidies

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