COPMAN R&R
ActiveCOPMAN R&R has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €74k and a net result of €-10k. Equity is shrinking by ~11% per year across the filed fiscal years. Its solvency ranks better than 46% of 14056 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability22▼-21
Solvency50▲+4
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity ample (current ratio 2.56 against 2.27 in 2024; short-term debt: 13.8% and cash: 32.9% of total assets), but 75.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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 · 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
24.5%
Return on assets
-3.3%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 20 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 filingsDeviation from the deadline
2025
20 d late
2024
31 d early
2023
19 d late
2022
3 d late
2021
34 d early
2020
13 d late
2019
25 d early
← before the deadline
after the deadline →
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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€74k▼ 11.7%
2024 · €84k
2018: €133k
2019: €150k
2020: €142k
2021: €99k
2022: €94k
2023: €59k
2024: €84k
2018 → 2025
Total assets
€302k▼ 22.7%
2024 · €391k
2018: €729k
2019: €750k
2020: €704k
2021: €615k
2022: €532k
2023: €422k
2024: €391k
2018 → 2025
Net result
€-10k
2024 · €75k
2018: €34k
2019: €17k
2020: €-8k
2021: €-43k
2022: €-5k
2023: €-35k
2024: €75k
2018 → 2025
Working capital
€65k▼ 37.9%
2024 · €104k
2018: €117k
2019: €17k
2020: €-6k
2021: €-32k
2022: €-49k
2023: €-76k
2024: €104k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€99k-€94k▼ 5.3%€59k▼ 36.9%€84k▲ 42.1%€74k▼ 11.7%
Operating result€-28k-€9k€-26k€-45k▼ 75.0%€-1k▲ 97.3%
Net result€-43k-€-5k▲ 87.7%€-35k▼ 564%€75k€-10k
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 €1k in 2025 against €45k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €302k
Fixed assets
€196k▼ 4.3%
Current assets
€106k▼ 42.9%
Equity and liabilities €302k
Equity
€74k▼ 11.7%
Debt
€228k▼ 25.7%
The debt ratio falls from 78.5% to 75.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€8k▲
2024 · €-36k
Cash flow
€-1k▼
2024 · €84k
Solvency
24.5%▲
2024 · 21.5%
Current ratio
2.56▲
2024 · 2.27
Quick ratio
2.56▲
2024 · 2.27
Debt / equity
3.07▼
2024 · 3.65
ROE
-13.3%▼
2024 · 89.1%
ROA
-3.3%▼
2024 · 19.2%
Interest coverage
0.87▲
2024 · -3.57
Debt
€228k▼
2024 · €307k
Debt ≤ 1 year
€42k▼
2024 · €82k
Debt > 1 year
€186k▼
2024 · €224k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€391k€302k▼
Fixed assets21/28€204k€196k▼
Tangible fixed assets22/27€202k€193k▼
Land and buildings22€202k€193k▼
Plant, machinery and equipment23€61-
Financial fixed assets28€2k€2k=
Current assets29/58€186k€106k▼
Amounts receivable within one year40/41€14k€5k▼
Trade receivables40€1k€1k▼
Other amounts receivable41€13k€3k▼
Cash at bank and in hand54/58€171k€99k▼
Deferred charges and accrued income490/1€1k€3k▲
Equity and liabilities
Total equity and liabilities10/49€391k€302k▼
Equity10/15€84k€74k▼
Contributions10/11€20k€20k=
Reserves13€77k€77k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€75k€75k=
Profit (loss) carried forward14€-13k€-23k▼
Amounts payable17/49€307k€228k▼
Amounts payable after more than one year17€224k€186k▼
Financial debts170/4€224k€186k▼
Amounts payable within one year42/48€82k€42k▼
Current portion of amounts payable after more than one year42€37k€34k▼
Trade debts44€5k€4k▼
Suppliers440/4€5k€4k▼
Taxes, remuneration and social security45€632€191▼
Taxes450/3€632€191▼
Other amounts payable47/48€39k€4k▼
Accrued charges and deferred income492/3€730-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€9k▼
Other operating charges640/8€5k€2k▼
Gross operating margin9900€-31k€9k▲
Operating profit (loss)9901€-45k€-1k▲
Financial income75/76B€137k-
Recurring financial income75€0-
Non-recurring financial income76B€137k-
Financial charges65/66B€10k€9k▼
Recurring financial charges65€10k€9k▼
Profit (loss) for the period before taxes9903€82k€-10k▼
Income taxes67/77€7k-
Profit (loss) for the period9904€75k€-10k▼
Profit (loss) for the period to be appropriated9905€75k€-10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€62k€-23k▼
Profit (loss) brought forward from the previous period14P€-13k€-13k=
Transfer from equity791/2€50k-
Transfer to equity691/2€75k-
To the legal reserve6920€75k-
Profit to be distributed694/7€50k-
Return on contributions (dividend)694€50k-
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
20-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 20 days late
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €75k
Net result €75k after 4 loss-making years.
31-12
Financial
Liquidity times 11current ratio 2.27
Current ratio from 0.20 to 2.27; short-term debt falls from €95k to €82k.
19-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 19 days late
2023
03-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 3 days late
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-43k
Net result drops to €-43k, the lowest in the series; recovery starts the following year.
13-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 13 days late
2020
06-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
08-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
10-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Houffalize · 1 establishment unit since 2006
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.
Rue du Hérou, Nadrin 276660 HouffalizeGround area
1,162 m²
Building footprint
190 m²
Parcel 82022F0482/00D000, Wallonia. Linked by address, not a title deed.
1 establishment unit
COPMAN R&R
since 20062.150.905.021
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 82022F0482/00D000 | Wallonia | 1,162 m² | 1 · 190 m² | - |
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.
Similar companies · same sector, comparable size
IMMO JOOKEN
BE 0412.689.072
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IMMO BRÜLS
BE 0786.203.014
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IMMO TRADE
BE 0802.309.566
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D IMMO
BE 0731.821.547
Rochefort · Eq €74k
RVS Pro Invest
BE 0726.424.882
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Of 12,023 companies in sector 68203 we hold annual accounts for 5,986. 3,520 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-12-2005
Fiscal year end31-12
Activities, NACEBEL
68203Renting and operating of own or leased non-residential real estate, excluding land
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.