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COPIMMO

Active
Public limited companyfounded 1988active for 38 yearsD'Helst 13, 9280 Lebbeke, BelgiumKBO/BCE: BE 0434.249.204
Summary

COPIMMO has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €480,392 and a net result of -€9,571. Equity remains stable across the filed financial years (±0.5% per year). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, full format

Turnover
≈ €94,000
Estimated: probably between €50,000 and €180,000
EBIT margin
Not included in this filing
Net result
-€9,571
2024 · €1,237
Working capital
-€51,296
2024 · €21,959
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result turns negative in 2025: a loss of €8,628 after €25,156 in 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€8,628 2025 Net result-€9,571 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€12,003--€57,550€81,216-€15,867-€3,043▲ 80.8%€19,817€25,156▲ 26.9%-€8,628
Net result€7,511--€60,225€76,638-€7,058€864€5,077▲ 488%€1,237▼ 75.6%-€9,571
Equity€473,430-€413,205▼ 12.7%€489,843▲ 18.5%€482,785▼ 1.4%€483,649▲ 0.2%€488,726▲ 1.0%€489,963▲ 0.3%€480,392▼ 2.0%
Total assets€597,059-€502,120▼ 15.9%€530,201▲ 5.6%€518,485▼ 2.2%€520,641▲ 0.4%€532,104▲ 2.2%€541,492▲ 1.8%€614,941▲ 13.6%
Debt€123,629-€88,916▼ 28.1%€40,359▼ 54.6%€35,700▼ 11.5%€36,991▲ 3.6%€43,378▲ 17.3%€51,529▲ 18.8%€134,549▲ 161%
Working capital-€114,085--€86,100▲ 24.5%-€9,462▲ 89.0%-€16,519▼ 74.6%-€15,655▲ 5.2%-€10,579▲ 32.4%€21,959-€51,296
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €614,941
Fixed assets €561,888 ▲ 12.5%
Current assets €53,053 ▲ 25.8%
Equity and liabilities €614,941
Equity €480,392 ▼ 2.0%
Debt €134,549 ▲ 161%
Debt's share of the balance-sheet total rises from 9.5% to 21.9%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€25,664
Cash flow
€24,721
Current ratio
0.51▼
2024 · 2.09
Debt to equity
0.28▲
2024 · 0.11
ROE
-2.0%▼
2024 · 0.3%
ROA
-1.6%▼
2024 · 0.2%
Interest coverage
1.03
Debt ≤ 1 year
€104,349▲
2024 · €20,229
Debt > 1 year
€30,200▼
2024 · €31,300
Income taxes
€91▲
2024 · €45
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 8,617 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94.2% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.4% went bankrupt
5.2% stopped otherwise
94.2% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 8,617 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet Code20242025
Assets
Total assets20/58€541,492€614,941▲
Fixed assets21/28€499,304€561,888▲
Tangible fixed assets22/27€499,254€561,837▲
Land and buildings22€499,254€555,837▲
Plant, machinery and equipment23-€6,000
Financial fixed assets28€51€51=
Current assets29/58€42,188€53,053▲
Amounts receivable within one year40/41-€19,584
Other amounts receivable41-€19,584
Cash at bank and in hand54/58€42,188€33,469▼
Equity and liabilities
Total equity and liabilities10/49€541,492€614,941▲
Equity10/15€489,963€480,392▼
Contributions10/11€382,768€382,768=
Capital10€382,768€382,768=
Issued capital100€382,768€382,768=
Reserves13€38,277€38,277=
Non-distributable reserves130/1€38,277€38,277=
Legal reserve130€38,277€38,277=
Profit (loss) carried forward14€68,918€59,347▼
Amounts payable17/49€51,529€134,549▲
Amounts payable after more than one year17€31,300€30,200▼
Advances received on contracts in progress176€31,300€30,200▼
Amounts payable within one year42/48€20,229€104,349▲
Advances received on contracts in progress46€1,100€96,876▲
Taxes, remuneration and social security45€7,194€7,474▲
Taxes450/3€7,194€7,474▲
Other amounts payable47/48€11,935-
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€34,292
Other operating charges640/8€409€423▲
Gross operating margin9900€25,565€26,086▲
Operating profit (loss)9901€25,156-€8,628▼
Financial income75/76B€151€24,110▲
Recurring financial income75€151€24,110▲
Financial charges65/66B€24,025€24,962▲
Recurring financial charges65€24,025€24,962▲
Profit (loss) for the period before taxes9903€1,282-€9,480▼
Income taxes67/77€45€91▲
Profit (loss) for the period9904€1,237-€9,571▼
Profit (loss) for the period to be appropriated9905€1,237-€9,571▼
Appropriation of the result
Profit (loss) to be appropriated9906€68,918€59,347▼
Profit (loss) brought forward from the previous period14P€67,681€68,918▲

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Goods, raw materials, services and sundry goods60/61-----€85---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€31,337€94,011-----€34,292-
Other operating charges640/8---€366€367€406€409€423▲ 3.3%
Gross operating margin9900€44,440€37,576€81,216-€15,501-€2,676€20,223€25,565€26,086▲ 2.0%
Operating profit (loss)9901€12,003-€57,550€81,216-€15,867-€3,043€19,817€25,156-€8,628-
Financial income75/76B---€9,844€3,941€42€151€24,110▲ 160×
Recurring financial income75€10,382€9,357€7,395€9,844€3,941€42€151€24,110▲ 160×
Financial charges65/66B---€32€34€14,769€24,025€24,962▲ 3.9%
Recurring financial charges65€14,861€12,032€11,974€32€34€14,769€24,025€24,962▲ 3.9%
Profit (loss) for the period before taxes9903€7,524-€60,225€76,638-€6,055€864€5,089€1,282-€9,480-
Income taxes67/77€13--€1,002-€13€45€91▲ 101%
Profit (loss) for the period9904€7,511-€60,225€76,638-€7,058€864€5,077€1,237-€9,571-
Profit (loss) for the period to be appropriated9905€7,511-€60,225€76,638-€7,058€864€5,077€1,237-€9,571-
Line20182019202020212022202320242025Change
Assets
Total assets20/58€597,059€502,120€530,201€518,485€520,641€532,104€541,492€614,941▲ 13.6%
Fixed assets21/28€593,315€499,304€499,304€499,304€499,304€499,304€499,304€561,888▲ 12.5%
Tangible fixed assets22/27€593,264€499,254€499,254€499,254€499,254€499,254€499,254€561,837▲ 12.5%
Land and buildings22---€499,254€499,254€499,254€499,254€555,837▲ 11.3%
Plant, machinery and equipment23-------€6,000-
Financial fixed assets28€51€51€51€51€51€51€51€51=
Current assets29/58€3,744€2,816€30,897€19,181€21,336€32,800€42,188€53,053▲ 25.8%
Amounts receivable within one year40/41--€23,867€11,668---€19,584-
Other amounts receivable41---€11,668---€19,584-
Cash at bank and in hand54/58€3,744€2,816€7,030€7,513€21,336€32,800€42,188€33,469▼ 20.7%
Equity and liabilities
Total equity and liabilities10/49€597,059€502,120€530,201€518,485€520,641€532,104€541,492€614,941▲ 13.6%
Equity10/15€473,430€413,205€489,843€482,785€483,649€488,726€489,963€480,392▼ 2.0%
Contributions10/11€382,768€382,768€382,768€382,768€382,768€382,768€382,768€382,768=
Capital10---€382,768€382,768€382,768€382,768€382,768=
Issued capital100---€382,768€382,768€382,768€382,768€382,768=
Reserves13€90,662€30,437€38,277€38,277€38,277€38,277€38,277€38,277=
Non-distributable reserves130/1---€38,277€38,277€38,277€38,277€38,277=
Legal reserve130---€38,277€38,277€38,277€38,277€38,277=
Profit (loss) carried forward14--€68,798€61,740€62,604€67,681€68,918€59,347▼ 13.9%
Amounts payable17/49€123,629€88,916€40,359€35,700€36,991€43,378€51,529€134,549▲ 161%
Amounts payable after more than one year17€5,800-----€31,300€30,200▼ 3.5%
Advances received on contracts in progress176------€31,300€30,200▼ 3.5%
Amounts payable within one year42/48€117,829€88,916€40,359€35,700€36,991€43,378€20,229€104,349▲ 416%
Trade debts44-€186-------
Advances received on contracts in progress46---€35,700€34,600€33,500€1,100€96,876▲ 88×
Taxes, remuneration and social security45-----€4,419€7,194€7,474▲ 3.9%
Taxes450/3-----€4,419€7,194€7,474▲ 3.9%
Other amounts payable47/48----€2,391€5,459€11,935--
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€7,511-€60,225€76,638-€7,058€864€5,077€1,237-€9,571-
+ Depreciation and write-downs630€31,337€94,011-----€34,292-
Operating cash flow (approximation)€38,848€33,785€76,638-€7,058€864€5,077€1,237€24,721▲ 20×
Investment in fixed assets (approximation)-€0€0€0€0€0€0-€96,876-
Change in cash--€928€4,214€483€13,823€11,464€9,388-€8,719-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Latest 10 of 38 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 full format 06-07-2026 2026-00255926
31-12-2024 abbreviated format 27-06-2025 2025-00187655
31-12-2023 abbreviated format 26-06-2024 2024-00164798
31-12-2022 abbreviated format 12-07-2023 2023-00227372
31-12-2021 abbreviated format 17-06-2022 2022-20069936
31-12-2020 abbreviated format 25-06-2021 2021-24400133
31-12-2019 abbreviated format 02-10-2020 2020-58300478
31-12-2018 abbreviated format 28-06-2019 2019-24900429
31-12-2017 abbreviated format 29-06-2018 2018-26900306
31-12-2016 abbreviated format 24-07-2017 2017-35000576

Show all 38 filings

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.