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COPAR

Active Public limited companyfounded 1983active for 42 yearsKarrewegstraat 50, 9800 DeinzeKBO/BCE: BE 0425.491.488 subsidiary of ELECTRO PROJECT#5 oldest company in Deinze, Professional and technical services sector

Lifetime

19 annual accounts with figures on one time axis, 41 filings since 1984
peak €2.8m (2013)
€395,814▲ 55.6%
peak €4.5m (2011)
€86,609▲ 32.9%
peak €22.6m (2011)
€2.9m▲ 3.1%
€934,058▼ 29.0%
peak 5.6 FTE (2007)
-not published
Board3 names since 2019
1 director
Owners
99%
Documentsfilings and deeds
04-03-202657 days before the deadline
2025abbreviated format
Gross margin from €254,368 to €395,814Result from €65,145 to €86,6091 director resigning 30-04Debts from €1.3m to €934,058Investments €915,986Cash from €1.2m to €195,606

Key points

from the 2025 annual accounts

Equity

€2.9m from €22.6m in 2011

Equity fell by 87% in 14 years.

Turnover

≈ €600,000 estimated

The accounts state no turnover.

Investments

€916,968 3.9 × depreciation
202320242025

Green is investment, beige is depreciation. Land and buildings stand 23.0% higher than in 2024.

Liquidity

0.74 was 2.93 in 2024

Short-term debts fell from €415,717 to €334,058.

Filings

41 annual accounts since 1984
deadline199520102025

The last five annual accounts were filed 5 to 57 days before the end of the period.

Position in the sector

€2.9m

More equity than 85% of companies in head offices and management consultancy. Sector median €420,274 · 10,638 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 14,768 companies had the same profile as COPAR has now. Each dot stands for 37 companies, two years later.

96.1%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

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 14,768 companies, not a prediction for COPAR. 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.

Credit verdict

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Signals

Board and ownership

Director, , since 12-03-2025
  • 99%equity €45.4m (2026) · 31-03-2026 annual accounts of ELECTRO PROJECT
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0425491488
1 director resigning Change of role: Electro Project, from managing director to sole director · Resignation: · Permanent representative: · Board meeting of 01-04-2025 · Gazette deed
Environmental permit granted Bouwen of herbouwen, Hoogstammige bomen vellen die geen deel uitmaken van een bos, Nieuwbouw van bijgebouwen en niet overdekte lage constructie · Deinze
Company renamed to COPAR New name: COPAR · “Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen;alle verrichtingen met…” (deed in Dutch) · Capital of €224,700, 2,000 shares · Gazette deed
All 57 events

Comparable companies

same main activity, similar in size and age
Company
COPAR Deinze €3.8m €395,814 75.4% -
ARENCO Ghent €4.5m €410,832 46.3% -
KAPELLEGOED Ghent €3.8m €356,509 58.2% -
Bavo Dendermonde €3.8m €389,012 53.7% -
HECAJAC Woluwe-Saint-Lambert €3.6m €380,575 85.7% -
IMALVA Alken €3.9m €415,077 26.6% 2.1
TERCOBEL Rumst €4.1m €409,833 78.7% 1

These companies have the same main activity as COPAR: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €3.6m and €4.5m, founded between 1982 and 1991.

Official details

Source: KBO
Status
Active since 26-12-1983Normal situation
Activity
Business and other management consultancyNACE 70200and 1 other
Establishment unit
2.120.593.8089800 Deinze, since 26-12-1983
Financial year end
30 September
Peppol
Reachable since 20-11-2025
Company details

Annual accounts to 30-09-2025

€3.8m▼ 7.0%
Filing
Filed on 04-03-2026, 57 days before the end of the filing period
Financials

Insights on COPAR

COPAR files the abbreviated format. That format states no turnover. The gross margin fell from €1.4m in 2007 to €395,814 in 2025.

ELECTRO PROJECT holds 99% of the shares.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about COPAR

What is the company number of COPAR?
The company number of COPAR is 0425.491.488. The VAT number is the same number with BE in front: BE 0425.491.488.
Where is COPAR based?
The registered office is at Karrewegstraat 50, 9800 Deinze.Company details
What does COPAR do?
According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
What is the legal form of COPAR?
COPAR is a public limited company (NV).
When was COPAR founded?
COPAR was founded on 26-12-1983.
Is COPAR still active?
Yes, COPAR is an active enterprise in the KBO register.
What is the turnover of COPAR?
The turnover in financial year 2025 is ≈ €600,000. This figure is estimated from the gross margin of €395,814 and 74 comparable companies (NACE 70200). It probably lies between €470,000 and €1.1m.Financials
Is COPAR profitable?
In financial year 2025, COPAR made a profit of €86,609.
Where can I find the annual accounts of COPAR?
COPAR filed 41 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of COPAR due?
COPAR must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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