COPIRAL
ActiveSummary
COPIRAL has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4k and a net result of €-1k. Equity is shrinking by ~16% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability33▼-1
Solvency31▼-2
Growth58=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 0.0; short-term debt: 93.9% and cash: 0.2% of total assets), and 93.9% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
6.1%
Return on assets
-1.8%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 d early
2024
7 d early
2023
6 d early
2022
66 d late
2021
59 d late
2020
23 d late
2019
83 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
History
Financials · fiscal year 2025, abbreviated schema
Equity
€4k▼ 22.7%
2024 · €6k
Total assets
€72k▲ 0.2%
2024 · €71k
Net result
€-1k▼ 18.0%
2024 · €-1k
Working capital
€-67k▼ 3.7%
2023 · €-65k
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
Line20212022202320242025
Operating result€-748▲ 84.5%€-2k▼ 108%€-332▲ 78.7%€-1k▼ 205%€-400▲ 60.5%
Net result€-815▲ 83.4%€-2k▼ 99.4%€-383▲ 76.4%€-1k▼ 185%€-1k▼ 18.0%
Equity€9k▼ 8.5%€7k▼ 18.6%€7k▼ 5.4%€6k▼ 16.1%€4k▼ 22.7%
Total assets€72k▲ 0.1%€71k▼ 0.1%€71k▼ 0.1%€71k=€72k▲ 0.2%
Debt€63k▲ 1.4%€64k▲ 2.5%€65k▲ 0.5%€66k▲ 1.7%€67k▲ 2.2%
Working capital€-63k▼ 1.3%€-64k▼ 2.6%€-65k▼ 0.6%€-67k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €400 in 2025 against €1k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €72k
Fixed assets
€71k
Current assets
€134
Equity and liabilities €72k
Equity
€4k ▼ 22.7%
Debt
€67k ▲ 2.2%
Debt's share of the balance-sheet total rises from 92.1% to 93.9%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
0.00
Debt to equity
15.35▲
2024 · 11.61
ROE
-29.4%▼
2024 · -19.2%
ROA
-1.8%▼
2024 · -1.5%
Debt ≤ 1 year
€67k▲
2024 · €66k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | €56 | €405 | €64 | €0 | €400 | - |
| Gross operating margin9900 | €-692 | €-1k | €-269 | €-1k | €0 | ▲ 100% |
| Operating profit (loss)9901 | €-748 | €-2k | €-332 | €-1k | €-400 | ▲ 60.5% |
| Financial income75/76B | €12 | - | - | - | - | - |
| Recurring financial income75 | €12 | - | - | - | - | - |
| Financial charges65/66B | €79 | €66 | €51 | €76 | €886 | ▲ 1,058% |
| Recurring financial charges65 | €79 | €66 | €51 | €76 | €886 | ▲ 1,058% |
| Profit (loss) for the period before taxes9903 | €-815 | €-2k | €-383 | €-1k | €-1k | ▼ 18.0% |
| Profit (loss) for the period9904 | €-815 | €-2k | €-383 | €-1k | €-1k | ▼ 18.0% |
| Profit (loss) for the period to be appropriated9905 | €-815 | €-2k | €-383 | €-1k | €-1k | ▼ 18.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €72k | €71k | €71k | €71k | €72k | ▲ 0.2% |
| Fixed assets21/28 | €71k | €71k | €71k | €71k | €71k | = |
| Tangible fixed assets22/27 | €71k | €71k | €71k | €71k | €71k | = |
| Land and buildings22 | €71k | €71k | €71k | €71k | €71k | = |
| Current assets29/58 | €117 | €51 | €0 | - | €134 | - |
| Cash at bank and in hand54/58 | €117 | €51 | €0 | - | €134 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €72k | €71k | €71k | €71k | €72k | ▲ 0.2% |
| Equity10/15 | €9k | €7k | €7k | €6k | €4k | ▼ 22.7% |
| Contributions10/11 | €74k | €74k | €74k | €74k | €74k | = |
| Capital10 | €74k | €74k | €74k | €74k | €74k | = |
| Issued capital100 | €74k | €74k | €74k | €74k | €74k | = |
| Profit (loss) carried forward14 | €-66k | €-67k | €-68k | €-69k | €-70k | ▼ 1.9% |
| Amounts payable17/49 | €63k | €64k | €65k | €66k | €67k | ▲ 2.2% |
| Amounts payable within one year42/48 | €63k | €64k | €65k | €66k | €67k | ▲ 2.2% |
| Trade debts44 | €1k | €865 | €1k | €2k | €0 | ▼ 100% |
| Suppliers440/4 | €1k | €865 | €1k | €2k | €0 | ▼ 100% |
| Other amounts payable47/48 | €62k | €63k | €63k | €63k | €67k | ▲ 5.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-815 | €-2k | €-383 | €-1k | €-1k | ▼ 18.0% |
| Operating cash flow (approximation) | €-815 | €-2k | €-383 | €-1k | €-1k | ▼ 18.0% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €-66 | €-51 | - | - | - |
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
Next filing, fiscal year 2026, expected by
2026
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
05-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 66 days late
2022
28-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 59 days late
2021
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2020
31-12
Financial
Weakest financial yearnet €-5k
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
22-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 83 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 58 days late
2016
28-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 59 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
3 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, Etterbeek · 1 establishment unit since 1992
Ground area
1,230 m²
Building footprint
672 m²
Volume, LiDAR
12,812 m³
2 parcels, Brussels, Wallonia · tallest building 33.6 m, ±9 floors. Linked by address, not a title deed.
9
companies at this address
See who is registered here
1 establishment unit
COPIRAL
since 19922.056.974.476
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21363B0333/00N005 | Brussels | 742 m² | 1 · 507 m² | 33.6 m · 9 fl. |
| 25069D0228/00E000 | Wallonia | 489 m² | 1 · 166 m² | 4.4 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPublic limited company
Founded11-02-1992
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.