Result
Back in profit in 2025, after a loss of €11,581 in 2024.
Back in profit in 2025, after a loss of €11,581 in 2024.
Green is investment, beige is depreciation.
Seven of the last ten came late. The 2020 accounts came latest: 115 days after the end of the period.
The dashed line is the sector median: 0.1% across 14,828 companies (NACE 71, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 71, micro). It does better than 59% of them on solvency, 64% on liquidity, 88% on profitability and 88% on growth.
The bankruptcy probability was computed on 05-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 34,693 companies had the same profile as COPEB has now. Each dot stands for 87 companies, two years later.
That fits the bankruptcy probability of COPEB itself: < 0.1% within 12 months.
The method was tested on the 497,447 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.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 34,693 companies, not a prediction for COPEB. 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.
Liquidity is ample, with a current ratio of 2.37 (1.94 in 2024), above the usual 1.5. Short-term debt is 38.2% and cash 34.7% of total assets. 38.6% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 25 days after the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.
| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| COPEB Woluwe-Saint-Lambert | €187,468 | €78,319 | 61.4% | - |
| ATELIER D'ARCHITECTURE ESTIA Anderlecht | €202,805 | €77,341 | 59.1% | - |
| VP ARCHITECTENBUREAU BVBA Zutendaal | €183,327 | €74,061 | 77.5% | - |
| Atelier d'Architecture Olivier DE DEURWAERDER Mouscron | €185,629 | €89,552 | 42.4% | - |
| Atelier d'architecture démArche Lasne | €188,595 | €78,642 | 46.5% | - |
| TOM DELORGE BURGERLIJK INGENIEUR ARCHITEKT Sint-Truiden | €215,344 | €74,831 | 91.6% | - |
| Infinit-E Hasselt | €163,389 | €84,460 | 61.9% | - |
These companies have the same main activity as COPEB: activities of building architects (NACE 71111). They are comparable in size and age: total assets between €163,000 and €215,000, founded between 2011 and 2013.
COPEB files the micro format. That format states no turnover. The gross margin rose from €8,519 in 2012 to €78,319 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €200,000. Estimated: probably between €150,000 and €340,000.
Higher than 58% of 11,792 companies in 2025.
Higher than 55% of 11,519 companies in 2025.
Higher than 75% of 11,603 companies in 2025.
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Staff costs divided by the average number of full-time equivalents.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||
Total assets20/58 |
187,468 | 144,093 | 138,574 | 130,911 | 119,662 | 118,027 | 124,406 | 111,986 | 119,416 | 155,180 | 151,968 | 75,976 | 22,969 | |
Fixed assets21/28 |
17,745 | 9,920 | 5,951 | 2,830 | 5,349 | 7,893 | 683 | 1,418 | 3,839 | 4,837 | 7,281 | 9,146 | 458 | |
Tangible fixed assets22/27 |
17,545 | 9,720 | 5,751 | 2,630 | 5,149 | 7,693 | 483 | 1,218 | 3,639 | 4,837 | 7,281 | 9,146 | 458 | |
Plant, machinery and equipment23 |
4,331 | 4,947 | 5,564 | - | - | - | - | 536 | 1,072 | - | - | - | - | |
Furniture and vehicles24 |
1,276 | - | 188 | 2,630 | 5,149 | 7,693 | 483 | 682 | 2,567 | 4,837 | 7,281 | 9,146 | 458 | |
Other tangible fixed assets26 |
11,938 | 4,773 | - | - | - | - | - | - | - | - | - | - | - | |
Financial fixed assets28 |
200 | 200 | 200 | 200 | 200 | 200 | 200 | 200 | 200 | - | - | - | - | |
Current assets29/58 |
169,723 | 134,173 | 132,622 | 128,081 | 114,312 | 110,133 | 123,723 | 110,568 | 115,577 | 150,342 | 144,688 | 66,830 | 22,511 | |
Amounts receivable after more than one year29 |
- | - | 1,200 | - | - | - | - | - | - | - | - | - | - | |
Other amounts receivable291 |
- | - | 1,200 | - | - | - | - | - | - | - | - | - | - | |
Stocks and contracts in progress3 |
- | - | - | - | - | - | 642 | - | - | - | - | - | - | |
Stocks30/36 |
- | - | - | - | - | - | 642 | - | - | - | - | - | - | |
Amounts receivable within one year40/41 |
102,206 | 92,459 | 92,574 | 89,992 | 87,103 | 70,703 | 67,884 | 61,120 | 67,253 | 64,266 | 50,531 | 13,859 | 14,212 | |
Trade receivables40 |
102,206 | 91,459 | 90,374 | 83,992 | 79,059 | 70,703 | 66,241 | 51,120 | 59,889 | 64,266 | 50,531 | 10,599 | 14,212 | |
Other amounts receivable41 |
0 | 1,000 | 2,200 | 6,000 | 8,045 | - | 1,643 | 10,000 | 7,364 | - | - | 3,259 | - | |
Cash at bank and in hand54/58 |
65,018 | 39,360 | 38,849 | 38,089 | 27,209 | 39,430 | 55,197 | 49,448 | 48,324 | 86,077 | 94,157 | 52,971 | 8,299 | |
Deferred charges and accrued income490/1 |
2,499 | 2,354 | - | - | - | - | - | - | - | - | - | - | - | |
| Balance sheet: equity and liabilities | ||||||||||||||
Total equity and liabilities10/49 |
187,468 | 144,093 | 138,574 | 130,911 | 119,662 | 118,027 | 124,406 | 111,986 | 119,416 | 155,180 | 151,968 | 75,976 | 22,969 | |
Equity10/15 |
115,181 | 65,153 | 76,734 | 86,369 | 101,058 | 92,845 | 109,346 | 99,853 | 100,087 | 139,256 | 137,243 | 65,416 | 20,243 | |
Contributions10/11 |
12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
Issued capital100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
Uncalled capital101 |
- | - | - | - | - | - | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
Reserves13 |
102,781 | 52,753 | 64,334 | 69,360 | 69,360 | 69,360 | 86,860 | 86,860 | 86,860 | 121,860 | 101,860 | 1,860 | 392 | |
Non-distributable reserves130/1 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | |
Legal reserve130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 392 | |
Reserves not available under the articles1311 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | |
Distributable reserves133 |
102,781 | 52,753 | 64,334 | 67,500 | 67,500 | 67,500 | 85,000 | 85,000 | 85,000 | 120,000 | 100,000 | - | - | |
Profit (loss) carried forward14 |
- | - | - | 4,609 | 19,298 | 11,085 | 10,086 | 593 | 827 | 4,996 | 22,983 | 51,156 | 7,451 | |
Amounts payable17/49 |
72,287 | 78,940 | 61,840 | 44,542 | 18,603 | 25,182 | 15,060 | 12,132 | 19,328 | 15,924 | 14,726 | 10,560 | 2,726 | |
Amounts payable within one year42/48 |
71,616 | 69,170 | 61,829 | 44,542 | 18,603 | 25,182 | 15,060 | 12,132 | 19,328 | 15,924 | 14,726 | 10,560 | 2,726 | |
Financial debts43 |
462 | 39 | 13 | - | - | - | - | 47 | - | - | - | - | - | |
Credit institutions430/8 |
462 | 39 | 13 | - | - | - | - | 47 | - | - | - | - | - | |
Trade debts44 |
25,951 | 26,068 | 26,725 | 20,805 | 4,431 | 3,082 | 3,074 | 1,757 | 1,790 | 3,488 | 5,533 | 1,929 | 719 | |
Suppliers440/4 |
25,951 | 26,068 | 26,725 | 20,805 | 4,431 | 3,082 | 3,074 | 1,757 | 1,790 | 3,488 | 5,533 | 1,929 | 719 | |
Advances received on contracts in progress46 |
- | - | - | 809 | - | 4,234 | - | - | 6,537 | - | - | - | - | |
Taxes, remuneration and social security45 |
31,120 | 28,303 | 19,865 | 16,596 | 7,653 | 10,994 | 2,811 | 1,267 | 1,272 | 1,700 | 1,114 | - | 1,874 | |
Taxes450/3 |
20,886 | 6,224 | 7,817 | 6,247 | 3,952 | 3,314 | - | 810 | - | 1,700 | 1,114 | - | 1,874 | |
Remuneration and social security454/9 |
10,235 | 22,079 | 12,047 | 10,349 | 3,701 | 7,680 | 2,811 | 457 | 1,272 | - | - | - | - | |
Other amounts payable47/48 |
14,083 | 14,760 | 15,227 | 6,332 | 6,519 | 6,872 | 9,175 | 9,063 | 9,729 | 10,735 | 8,078 | 8,632 | 133 | |
Accrued charges and deferred income492/3 |
671 | 9,769 | 12 | - | - | - | - | - | - | - | - | - | - | |
| Income statement | ||||||||||||||
Non-recurring operating income76A |
- | - | - | - | - | - | - | - | - | 341 | - | - | - | |
Gross operating margin9900 |
78,319 | 27,104 | 28,625 | 18,686 | 35,270 | 41,121 | 32,299 | 19,924 | -30,014 | 36,570 | 93,456 | 49,102 | 8,519 | |
Remuneration, social security and pensions62 |
15,498 | 36,065 | 32,846 | 30,570 | 23,777 | 27,261 | 20,966 | 5,542 | 5,231 | 1,358 | 339 | 874 | 637 | |
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 |
1,750 | 1,071 | 3,043 | 2,520 | 2,544 | 2,544 | 735 | 2,710 | 2,806 | 2,443 | 2,443 | 2,251 | 24 | |
Other operating charges640/8 |
922 | 1,238 | 1,760 | 168 | 592 | 424 | 673 | 491 | 487 | 715 | 575 | 724 | - | |
Non-recurring operating charges66A |
- | - | - | - | - | - | - | - | 440 | - | - | - | - | |
Operating profit (loss)9901 |
60,149 | -11,271 | -9,024 | -14,572 | 8,358 | 10,892 | 9,925 | 11,182 | -38,978 | 32,054 | 90,098 | 45,253 | 7,858 | |
Financial income75/76B |
19 | 20 | 0 | 12 | 24 | - | 2 | - | 18 | 674 | - | - | - | |
Recurring financial income75 |
19 | 20 | 0 | 12 | 24 | - | 2 | - | 18 | 674 | - | - | - | |
Financial charges65/66B |
194 | 191 | 226 | 129 | 168 | 161 | 260 | 168 | 208 | 350 | 213 | 79 | 15 | |
Recurring financial charges65 |
194 | 191 | 226 | 129 | 168 | 161 | 260 | 168 | 208 | 350 | 213 | 79 | 15 | |
Profit (loss) for the period before taxes9903 |
59,974 | -11,441 | -9,250 | -14,689 | 8,213 | 10,731 | 9,667 | 11,014 | -39,168 | 32,720 | 89,884 | 45,173 | 7,843 | |
Income taxes67/77 |
9,113 | 140 | 385 | - | - | - | 174 | 11,248 | - | 30,707 | 18,058 | - | - | |
Profit (loss) for the period9904 |
50,861 | -11,581 | -9,635 | -14,689 | 8,213 | 10,731 | 9,493 | -234 | -39,168 | 2,013 | 71,827 | 45,173 | 7,843 | |
Profit (loss) for the period to be appropriated9905 |
50,861 | -11,581 | -9,635 | -14,689 | 8,213 | 10,731 | 9,493 | -234 | -39,168 | 2,013 | 71,827 | 45,173 | 7,843 | |
| Appropriation of the result | ||||||||||||||
Profit (loss) to be appropriated9906 |
50,861 | -11,581 | -5,026 | 4,609 | 19,298 | 11,085 | 10,086 | 593 | -34,173 | 24,996 | 122,983 | 52,624 | 7,843 | |
Profit (loss) brought forward from the previous period14P |
- | - | 4,609 | 19,298 | 11,085 | - | - | - | - | - | - | - | - | |
Transfer from equity791/2 |
- | 11,581 | 5,026 | - | - | - | - | - | 35,000 | - | - | - | - | |
Transfer to equity691/2 |
50,028 | - | - | - | - | - | - | - | - | 20,000 | 100,000 | 1,468 | 392 | |
To the legal reserve6920 |
- | - | - | - | - | - | - | - | - | - | - | 1,468 | 392 | |
To other reserves6921 |
50,028 | - | - | - | - | - | - | - | - | 20,000 | 100,000 | - | - | |
Profit to be distributed694/7 |
833 | - | - | - | - | - | - | - | - | - | - | - | - | |
Return on contributions (dividend)694 |
833 | - | - | - | - | - | - | - | - | - | - | - | - | |
| Social balance sheet | ||||||||||||||
Average staff (FTE)9087 |
0.8 | 1 | 0.9 | - | 1 | - | 0.6 | 0.3 | - | - | - | - | - | |
Hours worked1013 |
699 | 1,843 | 170,630 | - | 1,390 | - | 1,042 | 376 | - | - | - | - | - | |
| Document | ||||||||||||||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 04-06-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 04-06-2026 | 2026-00137583 | |
| 31-12-2024 | micro format | 05-06-2025 | 2025-00132562 | |
| 31-12-2023 | micro format | 15-07-2024 | 2024-00245011 | |
| 31-12-2022 | micro format | 07-10-2023 | 2023-00486110 | |
| 31-12-2021 | micro format | 05-10-2022 | 2022-20452349 | |
| 31-12-2020 | micro format | 23-11-2021 | 2021-78100222 | |
| 31-12-2018 | micro format | 21-09-2019 | 2019-65400253 | |
| 31-12-2017 | micro format | 31-10-2018 | 2018-71600263 | |
| 31-12-2016 | micro format | 08-11-2017 | 2017-69500578 | |
| 31-12-2015 | full format | 24-08-2016 | 2016-49800191 | |
| 31-12-2014 | full format | 27-08-2015 | 2015-53000277 | |
| 31-12-2013 | full format | 29-09-2014 | 2014-63000125 | |
| 31-12-2012 | full format | 03-10-2013 | 2013-62100547 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EBITDA | 61,900 | -10,199 | -5,981 | -12,052 | 10,902 | 13,436 | 10,659 | 13,891 | -36,172 | 34,498 | 92,541 | 47,504 | 7,882 | |
| Cash flow | 52,611 | -10,509 | -6,592 | -12,170 | 10,758 | 13,275 | 10,228 | 2,475 | -36,362 | 4,456 | 74,270 | 47,424 | 7,867 | |
| Investment in fixed assets (approximation) | 9,575 | 5,040 | 6,165 | 0 | 0 | 938 | 0 | 288 | 1,808 | 0 | 578 | 10,939 | 482 | |
| Change in cash | 25,658 | 512 | 759 | 10,880 | -12,221 | - | 5,749 | 1,124 | -37,753 | -8,080 | 41,185 | 44,672 | - | |
| Working capital | 98,106 | 65,002 | 70,794 | 83,539 | 95,709 | 84,951 | 108,663 | 98,436 | 96,249 | 134,419 | 129,962 | 56,270 | 19,785 | |
| Solvency | 61.4% | 45.2% | 55.4% | 66.0% | 84.5% | 78.7% | 87.9% | 89.2% | 83.8% | 89.7% | 90.3% | 86.1% | 88.1% | |
| Current ratio | 2.37 | 1.94 | 2.15 | 2.88 | 6.14 | 4.37 | 8.22 | 9.11 | 5.98 | 9.44 | 9.83 | 6.33 | 8.26 | |
| Quick ratio | 2.37 | 1.94 | 2.15 | 2.88 | 6.14 | 4.37 | 8.17 | 9.11 | 5.98 | 9.44 | 9.83 | 6.33 | 8.26 | |
| Debt to equity | 0.63 | 1.21 | 0.81 | 0.52 | 0.18 | 0.27 | 0.14 | 0.12 | 0.19 | 0.11 | 0.11 | 0.16 | 0.13 | |
| ROE | 44.2% | -17.8% | -12.6% | -17.0% | 8.1% | 11.6% | 8.7% | -0.2% | -39.1% | 1.4% | 52.3% | 69.1% | 38.7% | |
| ROA | 27.1% | -8.0% | -7.0% | -11.2% | 6.9% | 9.1% | 7.6% | -0.2% | -32.8% | 1.3% | 47.3% | 59.5% | 34.1% | |
| Interest coverage | over 100 | -53.39 | -26.48 | -93.47 | 64.78 | - | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2021 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 1 | 1 | 1 | - |
| full-time | - | 1 | 1 | - |
| part-time | 1 | - | - | - |
| in full-time equivalents | 0.5 | 1 | 1 | - |
| Average over the year, in full-time equivalents | 0.8 | 1 | 0.9 | 1 |
| On a permanent contract | 1 | 1 | 1 | - |
| Joined | - | - | 2 | - |
| Left | - | - | 2 | - |
Source: social balance sheet in the 2021 to 2025 annual accounts
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €9,575 | €5,040 | €6,165 | - | - |
| Depreciation and write-downs of the year | €1,750 | €1,071 | €3,043 | €2,520 | €2,544 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a profit of €60,149, after a loss of €11,271 in 2024. It is the highest result since 2014.
Debt's share of the balance-sheet total falls from 54.8% to 38.6%. Equity is higher and debt is lower.
COPEB has no parent and no holdings in its annual accounts. Serge GOSSET is the only director. COPEB shares no director with another company.
| LITCHEE
registered office since 15-03-2000 · founded in 2000 |
total assets €408,452 (2025) 0471.437.222 |
| Fani Yazdi, Seyed (sole trader)
establishment since 15-01-2024 |
founded in 2024 1002.880.228 |
| Association des copropriétaires de l'immeuble sis à Woluwe-Saint-Lambert, avenue Raymond de Meester 29 à l'angle de la rue de la Roche Fatale
registered office since 01-08-1995 |
founded in 1995 0840.671.680 |
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| HOME-IN-ONE registered office Raymond de Meesterlaan 29, 1200 Woluwe-Saint-Lambert 7111103 Activities of building architects | 01-06-2012 | 2.209.636.838 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21673D0117/00B027 | 188 m² | 1 · 188 m² | 16.2 m · 5 |
If something looks wrong or is missing, please tell us.