Coppa D'Oro
ActiveFor Coppa D'Oro, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €155k and a net result of €-98k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 56% of 24644 sector peers (fiscal year 2023). The company has been active since 1981 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability0▼-5
Solvency64▼-15
Growth52=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
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 2023Solvency, return and age of the figures
Solvency
38.6%
Return on assets
-24.6%
Age of the figures
33 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline20-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 13-01-2025, 166 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
166 d late
2022
31 d late
2021
88 d late
2020
11 d early
2019
53 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Equity
€155k▼ 38.9%
2022 · €253k
2018: €-35k
2019: €-89k
2020: €-213k
2021: €305k
2022: €253k
2018 → 2023
Total assets
€400k▼ 14.4%
2022 · €468k
2018: €836k
2019: €765k
2020: €600k
2021: €554k
2022: €468k
2018 → 2023
Net result
€-98k▼ 87.5%
2022 · €-52k
2018: €-40k
2019: €-53k
2020: €-124k
2021: €518k
2022: €-52k
2018 → 2023
Working capital
€117k▼ 46.2%
2022 · €218k
2018: €6k
2019: €-27k
2020: €-147k
2021: €296k
2022: €218k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€-89k-€-213k▼ 140%€305k€253k▼ 17.2%€155k▼ 38.9%
Operating result€-27k-€-96k▼ 258%€684k€-60k€-98k▼ 62.4%
Net result€-53k-€-124k▼ 133%€518k€-52k€-98k▼ 87.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €98k in 2023 against €60k in 2022; the loss grows and 2023 has the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €400k
Fixed assets
€37k▲ 6.0%
Current assets
€363k▼ 16.1%
Equity and liabilities €400k
Equity
€155k▼ 38.9%
Debt
€246k▲ 14.4%
The debt ratio rises from 45.9% to 61.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-90k▼
2022 · €-50k
Cash flow
€-91k▼
2022 · €-43k
Solvency
38.6%▼
2022 · 54.1%
Current ratio
1.48▼
2022 · 2.02
Quick ratio
0.19▼
2022 · 1.79
Debt / equity
1.59▲
2022 · 0.85
ROE
-63.6%▼
2022 · -20.7%
ROA
-24.6%▼
2022 · -11.2%
Interest coverage
-107.42▼
2022 · -39.40
Debt
€246k▲
2022 · €215k
Debt ≤ 1 year
€246k▲
2022 · €215k
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 · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€468k€400k▼
Fixed assets21/28€35k€37k▲
Tangible fixed assets22/27€35k€37k▲
Plant, machinery and equipment23€26k€30k▲
Furniture and vehicles24€9k€7k▼
Financial fixed assets28€261€511▲
Current assets29/58€433k€363k▼
Stocks and contracts in progress3€49k€315k▲
Stocks30/36€49k€315k▲
Amounts receivable within one year40/41€263k€36k▼
Trade receivables40€58k€27k▼
Other amounts receivable41€205k€10k▼
Cash at bank and in hand54/58€120k€11k▼
Deferred charges and accrued income490/1€840€845▲
Equity and liabilities
Total equity and liabilities10/49€468k€400k▼
Equity10/15€253k€155k▼
Contributions10/11€14k€14k=
Reserves13€292k€292k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€290k€290k=
Profit (loss) carried forward14€-52k€-151k▼
Amounts payable17/49€215k€246k▲
Amounts payable within one year42/48€215k€246k▲
Trade debts44€52k€21k▼
Suppliers440/4€52k€21k▼
Taxes, remuneration and social security45€163k€67k▼
Taxes450/3€163k€67k▼
Other amounts payable47/48-€158k
Accrued charges and deferred income492/3€291-
Income statement
Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€8k▼
Other operating charges640/8€13k€6k▼
Gross operating margin9900€-38k€-83k▼
Operating profit (loss)9901€-60k€-98k▼
Financial income75/76B€9k€68▼
Recurring financial income75€9k€68▼
Financial charges65/66B€1k€837▼
Recurring financial charges65€1k€837▼
Profit (loss) for the period before taxes9903€-52k€-98k▼
Profit (loss) for the period9904€-52k€-98k▼
Profit (loss) for the period to be appropriated9905€-52k€-98k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-52k€-151k▼
Profit (loss) brought forward from the previous period14P-€-52k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
13-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 166 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
27-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 88 days late
2021
31-12
Financial
Back to profitnet €518k
Net result €518k after 3 loss-making years.
31-12
Financial
Liquidity quadruplescurrent ratio 2.19
Current ratio from 0.49 to 2.19; short-term debt falls from €289k to €249k.
31-12
Financial
Equity above €200kEq €305k
Equity rises from €-213k to €305k.
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-124k
Net result drops to €-124k, the lowest in the series; recovery starts the following year.
22-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 53 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
2015
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Merelbeke-Melle · 1 establishment unit since 1981
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.
Motsenstraat 1469820 Merelbeke-MelleGround area
249 m²
Building footprint
236 m²
Volume, LiDAR
1,555 m³
Parcel 44412C0661/00G000, Flanders · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Hangar Bizarre
since 19812.018.595.338
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44412C0661/00G000 | Flanders | 249 m² | 1 · 236 m² | 10.8 m · 3 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.
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2WK
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Of 1,128 companies in sector 47830 we hold annual accounts for 468. 384 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-03-1981
Fiscal year end31-12
Activities, NACEBEL
45402
47830Retail sale of motorcycles and motorcycle parts and accessories
47811Retail sale of cars and light vans (up to 3.5 tonnes)
45194
46713Wholesale trade
50103
Sources
Crossroads Bank for EnterprisesNational Bank · 42 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.