COPERNIC
ActiveSummary
COPERNIC has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €240k and a net result of €16k. Equity is growing by ~9.5% per year across the filed fiscal years. Its solvency ranks better than 15% of 37953 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability70▼-2
Solvency36=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity short (current ratio 0.59 against 0.37 in 2023; short-term debt: 15.9% and cash: 0.1% of total assets), and 89.1% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 37953 sector peers (2024).
NBB · sector comparisonPosition among 37953 sector peers
Solvency
better than 15%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-06-2025, 41 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
41 d early
2023
33 d early
2022
48 d early
2021
37 d early
2020
40 d early
2019
46 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Financials · fiscal year 2024, micro schema
Equity
€240k▲ 7.3%
2023 · €223k
Total assets
€2.21M▲ 5.6%
2023 · €2.09M
Net result
€16k▼ 67.5%
2023 · €50k
Working capital
€-145k▲ 29.7%
2023 · €-206k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€92k▲ 114%€104k▲ 13.5%€75k▼ 28.0%€91k▲ 21.8%€43k▼ 52.9%
Net result€75k▲ 179%€93k▲ 23.9%€64k▼ 31.3%€50k▼ 21.5%€16k▼ 67.5%
Equity€167k▲ 81.7%€110k▼ 34.3%€173k▲ 58.2%€223k▲ 28.9%€240k▲ 7.3%
Total assets€2.19M▼ 11.4%€2.10M▼ 3.9%€2.07M▼ 1.3%€2.09M▲ 0.8%€2.21M▲ 5.6%
Debt€1.91M▼ 15.5%€1.88M▼ 1.1%€1.80M▼ 4.4%€1.77M▼ 1.5%€1.88M▲ 6.1%
Working capital€-166k▲ 62.4%€-328k▼ 98.0%€-263k▲ 19.7%€-206k▲ 21.6%€-145k▲ 29.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 53% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.21M
Fixed assets
€2.00M ▲ 1.6%
Current assets
€206k ▲ 72.8%
Equity and liabilities €2.21M
Equity
€240k ▲ 7.3%
Provisions
€85k ▼ 7.8%
Debt
€1.88M ▲ 6.1%
Debt's share of the balance-sheet total rises from 84.9% to 85.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€161k▼
2023 · €195k
Cash flow
€134k▼
2023 · €154k
Current ratio
0.59▲
2023 · 0.37
Debt to equity
7.86▼
2023 · 7.94
ROE
6.8%▼
2023 · 22.4%
ROA
0.7%▼
2023 · 2.4%
Interest coverage
6.31▼
2023 · 6.82
Debt ≤ 1 year
€351k▲
2023 · €325k
Debt > 1 year
€1.46M▲
2023 · €1.38M
Income taxes
€13k▼
2023 · €23k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €9k | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €103k | €96k | €99k | €104k | €118k | ▲ 13.7% |
| Other operating charges640/8 | - | €14k | €15k | €16k | €17k | ▲ 3.6% |
| Gross operating margin9900 | €210k | €215k | €188k | €211k | €178k | ▼ 15.9% |
| Operating profit (loss)9901 | €92k | €104k | €75k | €91k | €43k | ▼ 52.9% |
| Financial income75/76B | - | - | - | €3k | €5k | ▲ 77.8% |
| Recurring financial income75 | - | - | - | €3k | €5k | ▲ 77.8% |
| Financial charges65/66B | - | €19k | €18k | €29k | €26k | ▼ 10.8% |
| Recurring financial charges65 | €24k | €19k | €18k | €29k | €26k | ▼ 10.8% |
| Profit (loss) for the period before taxes9903 | €68k | €86k | €57k | €65k | €22k | ▼ 65.9% |
| Transfer from deferred taxes780 | - | €7k | €7k | €7k | €7k | = |
| Income taxes67/77 | - | - | - | €23k | €13k | ▼ 41.3% |
| Profit (loss) for the period9904 | €75k | €93k | €64k | €50k | €16k | ▼ 67.5% |
| Transfer from tax-exempt reserves789 | - | €14k | €14k | €14k | €14k | = |
| Profit (loss) for the period to be appropriated9905 | €89k | €107k | €78k | €64k | €30k | ▼ 52.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.19M | €2.10M | €2.07M | €2.09M | €2.21M | ▲ 5.6% |
| Fixed assets21/28 | €2.17M | €2.09M | €2.02M | €1.97M | €2.00M | ▲ 1.6% |
| Tangible fixed assets22/27 | €2.17M | €2.09M | €2.02M | €1.97M | €2.00M | ▲ 1.6% |
| Land and buildings22 | - | €2.04M | €1.96M | €1.90M | €1.91M | ▲ 0.9% |
| Plant, machinery and equipment23 | - | €46k | €50k | €63k | €72k | ▲ 14.4% |
| Furniture and vehicles24 | - | €7k | €8k | €12k | €16k | ▲ 42.4% |
| Current assets29/58 | €11k | €6k | €59k | €119k | €206k | ▲ 72.8% |
| Amounts receivable within one year40/41 | €5k | €4k | €43k | €117k | €201k | ▲ 72.0% |
| Trade receivables40 | - | €4k | €25k | €3k | €3k | ▲ 12.9% |
| Other amounts receivable41 | - | - | €18k | €114k | €198k | ▲ 73.5% |
| Cash at bank and in hand54/58 | €4k | - | €14k | €187 | €2k | ▲ 764% |
| Deferred charges and accrued income490/1 | - | €2k | €2k | €2k | €3k | ▲ 48.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.19M | €2.10M | €2.07M | €2.09M | €2.21M | ▲ 5.6% |
| Equity10/15 | €167k | €110k | €173k | €223k | €240k | ▲ 7.3% |
| Contributions10/11 | - | €50k | €50k | €50k | €50k | = |
| Reserves13 | €222k | €208k | €194k | €180k | €186k | ▲ 3.4% |
| Tax-exempt reserves132 | - | €208k | €194k | €180k | €166k | ▼ 7.8% |
| Distributable reserves133 | - | - | - | - | €20k | - |
| Profit (loss) carried forward14 | €-255k | €-148k | €-71k | €-7k | €4k | ▲ 155% |
| Provisions and deferred taxes16 | €114k | €107k | €100k | €93k | €85k | ▼ 7.8% |
| Deferred taxes168 | - | €107k | €100k | €93k | €85k | ▼ 7.8% |
| Amounts payable17/49 | €1.91M | €1.88M | €1.80M | €1.77M | €1.88M | ▲ 6.1% |
| Amounts payable after more than one year17 | €1.68M | €1.50M | €1.42M | €1.38M | €1.46M | ▲ 5.9% |
| Financial debts170/4 | - | €1.50M | €1.42M | €1.38M | €1.46M | ▲ 5.9% |
| Amounts payable within one year42/48 | €177k | €334k | €322k | €325k | €351k | ▲ 7.8% |
| Current portion of amounts payable after more than one year42 | - | €101k | €102k | €104k | €117k | ▲ 12.1% |
| Financial debts43 | - | €169k | €190k | €190k | €190k | = |
| Credit institutions430/8 | - | €169k | €190k | €190k | €190k | = |
| Trade debts44 | €2k | €1k | €26k | - | €4k | - |
| Suppliers440/4 | - | €1k | €26k | - | €4k | - |
| Taxes, remuneration and social security45 | - | €2k | €4k | €31k | €26k | ▼ 17.5% |
| Taxes450/3 | - | €2k | €4k | €31k | €26k | ▼ 17.5% |
| Other amounts payable47/48 | - | €60k | - | - | €14k | - |
| Accrued charges and deferred income492/3 | - | €51k | €54k | €66k | €69k | ▲ 3.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €75k | €93k | €64k | €50k | €16k | ▼ 67.5% |
| + Depreciation and write-downs630 | €103k | €96k | €99k | €104k | €118k | ▲ 13.7% |
| Operating cash flow (approximation) | €178k | €189k | €162k | €154k | €134k | ▼ 12.7% |
| Investment in fixed assets (approximation) | - | €-16k | €-19k | €-59k | €-150k | ▼ 152% |
| Change in cash | - | - | - | €-14k | €1k | ▲ 110% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
2025
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €200kEq €223k ▲28.9%
6 profitable years in a row build equity to €223k.
13-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €150kEq €173k ▲58.2%
5 profitable years in a row build equity to €173k.
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €93k ▲23.9%
Operating result €104k, net result €93k, both a record.
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €150kEq €167k ▲81.7%
3 profitable years in a row build equity to €167k.
15-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
11-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
23-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
24-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
7 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 1996
Ground area
950 m²
Building footprint
207 m²
Volume, LiDAR
1,822 m³
Parcel 21822R0505/00C000, Brussels · tallest building 12.5 m, ±3 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
COPERNIC
since 19962.059.124.710
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21822R0505/00C000 | Brussels | 950 m² | 1 · 207 m² | 12.5 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,632 companies in sector 70200 we hold annual accounts for 52,575. 39,093 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded05-10-1992
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.