Summary
COPERNICUS SITE is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €370k and a net result of €292k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 8% of 6156 sector peers (fiscal year 2024). The company has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-08-2025, 11 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
11 d late
2023
20 d early
2022
21 d early
2021
18 d early
2020
93 d early
2019
112 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€370k▲ 376%
2023 · €78k
2018: €3.80M
2019: €6.45M
2020: €6.17M
2021: €6.21M
2022: €10.09M
2023: €78k
2018 → 2024
Net result
€292k▼ 59.0%
2023 · €712k
2018: €-454k
2019: €2.64M
2020: €-271k
2021: €37k
2022: €3.88M
2023: €712k
2018 → 2024
Total assets
€9.64M▼ 57.3%
2023 · €22.56M
2018: €29.86M
2019: €27.57M
2020: €24.55M
2021: €22.72M
2022: €27.67M
2023: €22.56M
2018 → 2024
Solvency
3.8%▲ 3.5pp
2023 · 0.3%
2018: 12.7%
2019: 23.4%
2020: 25.2%
2021: 27.3%
2022: 36.5%
2023: 0.3%
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€2.08M-
Equity€6.17M-€6.21M▲ 0.6%€10.09M▲ 62.5%€78k▼ 99.2%€370k▲ 376%
Operating result€1.19M-€1.12M▼ 5.8%€4.53M▲ 304%€1.75M▼ 61.3%€334k▼ 80.9%
Net result€-271k-€37k€3.88M▲ 10,250%€712k▼ 81.6%€292k▼ 59.0%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 81% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €9.64M
Fixed assets
€9.63M ▲ 5.1%
Current assets
€7k ▼ 100.0%
Equity and liabilities €9.64M
Equity
€370k ▲ 376%
Debt
€9.27M ▼ 58.8%
Debt's share of the balance-sheet total falls from 99.7% to 96.2%. Equity is higher and debt is lower.
Key figures and ratios
ROE
79.0%▼
2023 · 915.6%
ROA
3.0%▼
2023 · 3.2%
Debt ≤ 1 year
€9.24M▼
2023 · €20.65M
Income taxes
€-82k▼
2023 · €266k
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 · 2024 against 2023 · 44 lines
Balance sheet
Code20232024
Assets
Total assets20/58€22.56M€9.64M▼
Fixed assets21/28€9.16M€9.63M▲
Tangible fixed assets22/27€683k€657k▼
Other tangible fixed assets26€683k€657k▼
Financial fixed assets28€8.48M€8.98M▲
Current assets29/58€13.39M€7k▼
Amounts receivable within one year40/41€2.70M-
Trade receivables40€2.70M-
Cash at bank and in hand54/58€10.69M€7k▼
Equity and liabilities
Total equity and liabilities10/49€22.56M€9.64M▼
Equity10/15€78k€370k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€3.97M€3.97M=
Distributable reserves133€3.97M€3.97M=
Profit (loss) carried forward14€-3.95M€-3.66M▲
Amounts payable17/49€22.48M€9.27M▼
Amounts payable after more than one year17€1.73M-
Other amounts payable178/9€1.73M-
Amounts payable within one year42/48€20.65M€9.24M▼
Current portion of amounts payable after more than one year42-€1.83M
Financial debts43€18.38M€6.86M▼
Credit institutions430/8€18.38M€6.86M▼
Trade debts44€1.42M€366k▼
Suppliers440/4€1.42M€366k▼
Taxes, remuneration and social security45€852k€180k▼
Taxes450/3€852k€180k▼
Accrued charges and deferred income492/3€99k€32k▼
Income statement
Code20232024
Non-recurring operating income76A€10.46M€754k▼
Other operating charges640/8€2k€2k▲
Non-recurring operating charges66A€9.60M-
Gross operating margin9900€11.35M€337k▼
Operating profit (loss)9901€1.75M€334k▼
Financial income75/76B€461k€587k▲
Recurring financial income75€461k€587k▲
Financial charges65/66B€1.23M€711k▼
Recurring financial charges65€1.23M€711k▼
Profit (loss) for the period before taxes9903€978k€210k▼
Income taxes67/77€266k€-82k▼
Profit (loss) for the period9904€712k€292k▼
Profit (loss) for the period to be appropriated9905€712k€292k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-3.95M€-3.66M▲
Profit (loss) brought forward from the previous period14P€-4.66M€-3.95M▲
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
11-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 11 days late
2024
31-12
Financial
Equity above €200kEq €370k ▲376%
4 profitable years in a row build equity to €370k.
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €3.88M ▲10250%
Operating result €4.53M, net result €3.88M, both a record.
31-12
Financial
Equity above €10MEq €10.09M ▲62.5%
2 profitable years in a row build equity to €10.09M.
13-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €37k
Net result €37k after one loss-making year.
29-04
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
10-04
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Back to profitnet €2.64M
Net result €2.64M after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 1.49
Current ratio from 0.51 to 1.49.
Show earlier events
31-12
Financial
Equity above €5MEq €6.45M ▲69.5%
Equity rises from €3.80M to €6.45M.
08-04
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
20-04
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
20-04
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
25-04
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.
Directors · office · real estate
Directors
14 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, Ieper · 1 establishment unit since 2007
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.
Zwaanhofweg 108900 IeperGround area
5,629 m²
Building footprint
1,997 m²
Volume, LiDAR
14,036 m³
Parcel 33305B1021/00D002, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
COPERNICUS Site
since 20072.157.660.278
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33305B1021/00D002 | Flanders | 5,629 m² | 1 · 1,997 m² | 8.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Ownership & control
1 parent companyControl over this companyparent company per the LEI register1
Liège · LEI lapsed
controls
COPERNICUS SITEBE 0882.662.980
Recognitions · licences · registrations
Legal Entity Identifier
549300WHKPLK50H0QQ76
Similar companies · same sector, comparable size
MOVE
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ROMALI
BE 0568.967.950
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Ad Optimum
BE 0879.549.478
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SECURUS
BE 0667.577.952
Hasselt · Eq €369,677
MABO CONSULTANCY
BE 0548.947.447
Schoten · Eq €370,238
Of 24,725 companies in sector 64210 we hold annual accounts for 19,762. 13,767 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 formPublic limited company
Founded24-07-2006
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
68110Buying and selling of own real estate
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.