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COPLAN

Active
Public limited companyfounded 199432 yrs activeGrand'Place 20, 1480 Tubize, BelgiumKBO/BCE: BE 0452.717.410
Summary

COPLAN has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €396,319 and a net result of €14,252. Equity remains stable across the filed fiscal years (±2.3% per year). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability72▲+1
Solvency95▲+5
Growth58=
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days acceptable
Liquidity short (current ratio 0.0 against 0.0 in 2023; short-term debt: 13.5% and cash: 0% of total assets), and 30.1% 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
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 32 years 0 40 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-08-2025, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
27 d late
2023
29 d late
2022
28 d late
2021
54 d early
2020
12 d late
2019
31 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 12 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

COPLAN was incorporated on 27 May 1994.1 Total assets fell from EUR 1.1 million in 2018 to EUR 566,917 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€396,319▲ 3.7%
2023 · €382,067
Total assets
€566,917▼ 4.1%
2023 · €591,325
Net result
€14,252▲ 24.1%
2023 · €11,483
Working capital
-€76,526▲ 14.0%
2023 · -€88,936
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€42,305▲ 490%€7,112▼ 83.2%€9,744▲ 37.0%€16,967▲ 74.1%€20,866▲ 23.0%
Net result€31,374▲ 257%€5,463▼ 82.6%€5,825▲ 6.6%€11,483▲ 97.1%€14,252▲ 24.1%
Equity€359,297▲ 9.6%€364,760▲ 1.5%€370,585▲ 1.6%€382,067▲ 3.1%€396,319▲ 3.7%
Total assets€662,924▼ 3.9%€636,279▼ 4.0%€615,724▼ 3.2%€591,325▼ 4.0%€566,917▼ 4.1%
Debt€208,566▼ 24.6%€179,363▼ 14.0%€155,887▼ 13.1%€122,911▼ 21.2%€87,157▼ 29.1%
Working capital-€197,024▲ 28.5%-€128,881▲ 34.6%-€103,205▲ 19.9%-€88,936▲ 13.8%-€76,526▲ 14.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20,000€40,000Operating result 2020: €42,305€42,305Net result 2020: €31,374€31,374Operating result 2021: €7,112€7,112Net result 2021: €5,463€5,463Operating result 2022: €9,744€9,744Net result 2022: €5,825€5,825Operating result 2023: €16,967€16,967Net result 2023: €11,483€11,483Operating result 2024: €20,866€20,866Net result 2024: €14,252€14,25220202021202220232024€0€10,000€20,000Operating result 2022: €9,744€9,740Net result 2022: €5,825€5,820Operating result 2023: €16,967€17,000Net result 2023: €11,483€11,500Operating result 2024: €20,866€20,900Net result 2024: €14,252€14,300202220232024
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 23% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €566,917
Fixed assets €566,914 ▼ 4.1%
Current assets €3 ▼ 68.4%
Equity and liabilities €566,917
Equity €396,319 ▲ 3.7%
Provisions €83,441 ▼ 3.4%
Debt €87,157 ▼ 29.1%
Debt's share of the balance-sheet total falls from 20.8% to 15.4%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€45,267▲
2023 · €41,368
Cash flow
€38,653▲
2023 · €35,884
Current ratio
0.00▼
2023 · 0.00
Debt to equity
0.22▼
2023 · 0.32
ROE
3.6%▲
2023 · 3.0%
ROA
2.5%▲
2023 · 1.9%
Interest coverage
22.17▲
2023 · 19.19
Debt ≤ 1 year
€76,529▼
2023 · €88,945
Debt > 1 year
€8,078▼
2023 · €27,727
Income taxes
€7,477▲
2023 · €6,234
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 14,733 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.2% went bankrupt
3.5% stopped otherwise
96% still going

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

For this company itself Checked computes a higher bankruptcy probability: 0.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 14,733 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 · 2024 against 2023 · 46 lines
Balance sheet Code20232024
Assets
Total assets20/58€591,325€566,917▼
Fixed assets21/28€591,316€566,914▼
Tangible fixed assets22/27€591,316€566,914▼
Land and buildings22€588,838€565,125▼
Other tangible fixed assets26€2,477€1,789▼
Current assets29/58€9€3▼
Cash at bank and in hand54/58€9€3▼
Equity and liabilities
Total equity and liabilities10/49€591,325€566,917▼
Equity10/15€382,067€396,319▲
Contributions10/11€87,000€87,000=
Capital10€87,000€87,000=
Issued capital100€87,000€87,000=
Reserves13€187,378€181,736▼
Non-distributable reserves130/1€6,200€6,200=
Legal reserve130€6,200€6,200=
Tax-exempt reserves132€181,178€175,536▼
Profit (loss) carried forward14€107,690€127,583▲
Provisions and deferred taxes16€86,346€83,441▼
Deferred taxes168€86,346€83,441▼
Amounts payable17/49€122,911€87,157▼
Amounts payable after more than one year17€27,727€8,078▼
Financial debts170/4€27,727€8,078▼
Amounts payable within one year42/48€88,945€76,529▼
Current portion of amounts payable after more than one year42€20,895€21,606▲
Financial debts43€5,000€5,000=
Credit institutions430/8€5,000€5,000=
Trade debts44€5,095€1,039▼
Suppliers440/4€5,095€1,039▼
Taxes, remuneration and social security45€10,165€13,711▲
Taxes450/3€10,165€13,711▲
Other amounts payable47/48€47,789€35,172▼
Accrued charges and deferred income492/3€6,239€2,550▼
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24,401€24,401=
Other operating charges640/8€5,209€5,403▲
Gross operating margin9900€46,577€50,670▲
Operating profit (loss)9901€16,967€20,866▲
Financial charges65/66B€2,156€2,042▼
Recurring financial charges65€2,156€2,042▼
Profit (loss) for the period before taxes9903€14,811€18,824▲
Transfer from deferred taxes780€2,905€2,905=
Income taxes67/77€6,234€7,477▲
Profit (loss) for the period9904€11,483€14,252▲
Transfer from tax-exempt reserves789€5,642€5,642=
Profit (loss) for the period to be appropriated9905€17,124€19,893▲
Appropriation of the result
Profit (loss) to be appropriated9906€107,690€127,583▲
Profit (loss) brought forward from the previous period14P€90,565€107,690▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Non-recurring operating income76A-€2,000----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23,713€23,713€23,988€24,401€24,401=
Other operating charges640/8-€5,563€4,736€5,209€5,403▲ 3.7%
Non-recurring operating charges66A-€323----
Gross operating margin9900€79,362€36,711€38,468€46,577€50,670▲ 8.8%
Operating profit (loss)9901€42,305€7,112€9,744€16,967€20,866▲ 23.0%
Financial charges65/66B-€3,145€2,893€2,156€2,042▼ 5.3%
Recurring financial charges65€695€3,145€2,893€2,156€2,042▼ 5.3%
Profit (loss) for the period before taxes9903€41,610€3,967€6,851€14,811€18,824▲ 27.1%
Transfer from deferred taxes780-€2,905€2,905€2,905€2,905=
Income taxes67/77€391€1,409€3,932€6,234€7,477▲ 20.0%
Profit (loss) for the period9904€31,374€5,463€5,825€11,483€14,252▲ 24.1%
Transfer from tax-exempt reserves789-€5,642€5,642€5,642€5,642=
Profit (loss) for the period to be appropriated9905-€1,234€11,105€11,467€17,124€19,893▲ 16.2%
Line20202021202220232024Change
Assets
Total assets20/58€662,924€636,279€615,724€591,325€566,917▼ 4.1%
Fixed assets21/28€659,977€636,264€615,717€591,316€566,914▼ 4.1%
Tangible fixed assets22/27€659,977€636,264€615,717€591,316€566,914▼ 4.1%
Land and buildings22-€636,264€612,551€588,838€565,125▼ 4.0%
Other tangible fixed assets26--€3,165€2,477€1,789▼ 27.8%
Current assets29/58€2,947€15€7€9€3▼ 68.4%
Cash at bank and in hand54/58€2,947€15€7€9€3▼ 68.4%
Equity and liabilities
Total equity and liabilities10/49€662,924€636,279€615,724€591,325€566,917▼ 4.1%
Equity10/15€359,297€364,760€370,585€382,067€396,319▲ 3.7%
Contributions10/11€87,000€87,000€87,000€87,000€87,000=
Capital10-€87,000€87,000€87,000€87,000=
Issued capital100-€87,000€87,000€87,000€87,000=
Reserves13€204,303€198,661€193,019€187,378€181,736▼ 3.0%
Non-distributable reserves130/1-€6,200€6,200€6,200€6,200=
Legal reserve130-€6,200€6,200€6,200€6,200=
Tax-exempt reserves132-€192,461€186,819€181,178€175,536▼ 3.1%
Profit (loss) carried forward14€67,994€79,099€90,565€107,690€127,583▲ 18.5%
Provisions and deferred taxes16€95,062€92,157€89,252€86,346€83,441▼ 3.4%
Deferred taxes168-€92,157€89,252€86,346€83,441▼ 3.4%
Amounts payable17/49€208,566€179,363€155,887€122,911€87,157▼ 29.1%
Amounts payable after more than one year17€8,595€50,467€47,263€27,727€8,078▼ 70.9%
Financial debts170/4-€50,467€47,263€27,727€8,078▼ 70.9%
Amounts payable within one year42/48€199,970€128,896€103,212€88,945€76,529▼ 14.0%
Current portion of amounts payable after more than one year42-€18,757€22,898€20,895€21,606▲ 3.4%
Financial debts43-€4,821€4,656€5,000€5,000=
Credit institutions430/8-€4,821€4,656€5,000€5,000=
Trade debts44€3,352€13,511€5,623€5,095€1,039▼ 79.6%
Suppliers440/4-€13,511€5,623€5,095€1,039▼ 79.6%
Taxes, remuneration and social security45-€4,962€6,403€10,165€13,711▲ 34.9%
Taxes450/3-€4,962€6,403€10,165€13,711▲ 34.9%
Other amounts payable47/48-€86,845€63,631€47,789€35,172▼ 26.4%
Accrued charges and deferred income492/3--€5,413€6,239€2,550▼ 59.1%
Line20202021202220232024Change
Profit (loss) for the period9904€31,374€5,463€5,825€11,483€14,252▲ 24.1%
+ Depreciation and write-downs630€23,713€23,713€23,988€24,401€24,401=
Operating cash flow (approximation)€55,087€29,176€29,813€35,884€38,653▲ 7.7%
Investment in fixed assets (approximation)-€0-€3,440€0€0-
Change in cash--€2,932-€8€2-€6▼ 381%

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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Timeline · acts, filings and financial milestones

2026
10-07
State Gazette act Other statement · General meeting
Director discharge · Auditor report
2025
27-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
29-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
28-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
07-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
12-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 12 days late
2020
31-12
Financial Highest result since 2018net €31,374 ▲257%
Operating result €42,305, net result €31,374, both a record.
31-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
14-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 14 days late
2018
09-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
03-07
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
06-06
NBB filing Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts

We know of 8 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
8 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, Tubize · 1 establishment unit since 1994
seat establishment The establishment unit on the map
Ground area
123 m²
Building footprint
91 m²
Volume, LiDAR
1,105 m³
Parcel 25105A0101/00L000, Wallonia · tallest building 14.3 m, ±4 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
COPLAN SA
Grand'Place 20, 1480 TubizeNACE 70201
since 19942.068.079.689
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25105A0101/00L000 Wallonia 123 m² 1 · 91 m² 14.3 m · 4 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.

Identification & contact

Identification
Legal formPublic limited company
Founded27-05-1994
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.