COPPECO
ActiveSummary
COPPECO has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €168k and a net result of €36k. Equity is growing by ~14.7% per year across the filed fiscal years. Its solvency ranks better than 61% of 27965 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability84▲+46
Solvency82▲+8
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 2.52 against 1.93 in 2024; short-term debt: 39.3% and cash: 9.3% of total assets), and 42.7% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
57.3%
Return on assets
12.5%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 04-09-2025, 57 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
57 d early
2024
2 d early
2023
on the day
2022
3 d late
2021
31 d late
2020
22 d early
2019
34 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close25-09-2026 today31-10-2026 deadline
History
Financials · fiscal year 2025, micro schema
Equity
€168k▲ 27.8%
2024 · €131k
Total assets
€292k▲ 8.8%
2024 · €268k
Net result
€36k▲ 2,620%
2024 · €1k
Working capital
€174k▲ 37.0%
2024 · €127k
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€27k▼ 34.1%€28k▲ 5.1%€27k▼ 5.4%€4k▼ 86.2%€56k▲ 1,409%
Net result€18k▼ 8.6%€24k▲ 34.2%€18k▼ 27.6%€1k▼ 92.4%€36k▲ 2,620%
Equity€97k▲ 23.2%€112k▲ 15.9%€130k▲ 15.8%€131k▲ 1.0%€168k▲ 27.8%
Total assets€189k▼ 30.7%€222k▲ 17.3%€224k▲ 0.7%€268k▲ 19.9%€292k▲ 8.8%
Debt€93k▼ 52.4%€110k▲ 18.8%€94k▼ 14.7%€137k▲ 46.0%€125k▼ 9.2%
Working capital€94k▲ 36.3%€109k▲ 16.2%€127k▲ 15.9%€127k▲ 0.2%€174k▲ 37.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 1,409% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €292k
Fixed assets
€3k ▼ 15.7%
Current assets
€289k ▲ 9.2%
Equity and liabilities €292k
Equity
€168k ▲ 27.8%
Debt
€125k ▼ 9.2%
Debt's share of the balance-sheet total falls from 51.2% to 42.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€58k▲
2024 · €5k
Cash flow
€38k▲
2024 · €3k
Current ratio
2.52▲
2024 · 1.93
Quick ratio
2.15▲
2024 · 1.42
Debt to equity
0.74▼
2024 · 1.05
ROE
21.7%▲
2024 · 1.0%
ROA
12.5%▲
2024 · 0.5%
Interest coverage
9.52▲
2024 · 2.23
Debt ≤ 1 year
€115k▼
2024 · €137k
Debt > 1 year
€10k
Income taxes
€14k▲
2024 · €0
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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8k | €3k | €3k | €2k | €2k | ▲ 24.4% |
| Other operating charges640/8 | - | €195 | €5k | €272 | €305 | ▲ 12.3% |
| Non-recurring operating charges66A | - | €58 | €960 | €81 | €81 | ▲ 0.1% |
| Gross operating margin9900 | €35k | €32k | €36k | €6k | €58k | ▲ 935% |
| Operating profit (loss)9901 | €27k | €28k | €27k | €4k | €56k | ▲ 1,409% |
| Financial income75/76B | - | €1 | €1 | €0 | €133 | ▲ 189,929% |
| Recurring financial income75 | €150 | €1 | €1 | €0 | €133 | ▲ 189,929% |
| Financial charges65/66B | - | €2k | €5k | €2k | €6k | ▲ 157% |
| Recurring financial charges65 | €2k | €2k | €5k | €2k | €6k | ▲ 157% |
| Profit (loss) for the period before taxes9903 | €25k | €26k | €22k | €1k | €50k | ▲ 3,640% |
| Income taxes67/77 | €7k | €2k | €5k | €0 | €14k | - |
| Profit (loss) for the period9904 | €18k | €24k | €18k | €1k | €36k | ▲ 2,620% |
| Profit (loss) for the period to be appropriated9905 | €18k | €24k | €18k | €1k | €36k | ▲ 2,620% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €189k | €222k | €224k | €268k | €292k | ▲ 8.8% |
| Fixed assets21/28 | €7k | €6k | €3k | €4k | €3k | ▼ 15.7% |
| Tangible fixed assets22/27 | €7k | €6k | €3k | €4k | €3k | ▼ 15.7% |
| Plant, machinery and equipment23 | - | €4k | €2k | €3k | €3k | ▼ 5.8% |
| Furniture and vehicles24 | - | €2k | €1k | €682 | €239 | ▼ 64.9% |
| Current assets29/58 | €182k | €217k | €221k | €264k | €289k | ▲ 9.2% |
| Stocks and contracts in progress3 | €12k | €54k | €58k | €69k | €42k | ▼ 38.8% |
| Stocks30/36 | - | €14k | €16k | €19k | €17k | ▼ 9.2% |
| Contracts in progress37 | - | €40k | €42k | €50k | €25k | ▼ 50.0% |
| Amounts receivable within one year40/41 | €98k | €156k | €148k | €182k | €212k | ▲ 16.6% |
| Trade receivables40 | - | €138k | €106k | €138k | €145k | ▲ 4.7% |
| Other amounts receivable41 | - | €18k | €43k | €43k | €67k | ▲ 54.7% |
| Cash at bank and in hand54/58 | €10k | €5k | €9k | €8k | €27k | ▲ 246% |
| Deferred charges and accrued income490/1 | - | €1k | €6k | €6k | €7k | ▲ 30.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €189k | €222k | €224k | €268k | €292k | ▲ 8.8% |
| Equity10/15 | €97k | €112k | €130k | €131k | €168k | ▲ 27.8% |
| Contributions10/11 | - | €6k | €6k | €6k | €6k | = |
| Reserves13 | €8k | €23k | €41k | €41k | €77k | ▲ 88.9% |
| Non-distributable reserves130/1 | - | €394 | €394 | €394 | €394 | = |
| Reserves not available under the articles1311 | - | €394 | €394 | €394 | €394 | = |
| Distributable reserves133 | - | €23k | €41k | €41k | €77k | ▲ 89.7% |
| Profit (loss) carried forward14 | €83k | €83k | €83k | €84k | €84k | = |
| Amounts payable17/49 | €93k | €110k | €94k | €137k | €125k | ▼ 9.2% |
| Amounts payable after more than one year17 | €5k | €3k | - | - | €10k | - |
| Financial debts170/4 | - | €3k | - | - | €10k | - |
| Amounts payable within one year42/48 | €88k | €107k | €94k | €137k | €115k | ▼ 16.4% |
| Current portion of amounts payable after more than one year42 | - | €8k | €4k | €761 | €4k | ▲ 374% |
| Financial debts43 | - | €26k | €1 | €25k | €2k | ▼ 93.3% |
| Credit institutions430/8 | - | €26k | €1 | €25k | €2k | ▼ 93.3% |
| Trade debts44 | €40k | €37k | €21k | €35k | €12k | ▼ 65.0% |
| Suppliers440/4 | - | €37k | €21k | €35k | €12k | ▼ 65.0% |
| Taxes, remuneration and social security45 | - | €11k | €14k | €3k | €8k | ▲ 180% |
| Taxes450/3 | - | €4k | €3k | €3k | €8k | ▲ 180% |
| Remuneration and social security454/9 | - | €7k | €11k | €0 | - | - |
| Other amounts payable47/48 | - | €25k | €55k | €74k | €90k | ▲ 21.1% |
| Accrued charges and deferred income492/3 | - | €99 | €25 | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €18k | €24k | €18k | €1k | €36k | ▲ 2,620% |
| + Depreciation and write-downs630 | €8k | €3k | €3k | €2k | €2k | ▲ 24.4% |
| Operating cash flow (approximation) | €26k | €28k | €20k | €3k | €38k | ▲ 1,217% |
| Investment in fixed assets (approximation) | - | €-2k | €0 | €-3k | €-1k | ▲ 49.3% |
| Change in cash | - | €-5k | €4k | €-1k | €19k | ▲ 1,635% |
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
2025
04-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Highest result since 2019net €36k ▲2,620%
Operating result €56k, net result €36k, both a record.
31-03
Financial
Equity above €150kEq €168k ▲27.8%
7 profitable years in a row build equity to €168k.
2024
29-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Weakest financial yearnet €1k ▼92.4%
Net result drops to €1k, the lowest in the series; recovery starts the following year.
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
03-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 3 days late
31-03
Financial
Equity above €100kEq €112k ▲15.9%
4 profitable years in a row build equity to €112k.
2021
01-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2020
09-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
27-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
25-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Aalter · 1 establishment unit since 2016
Ground area
6,539 m²
Parcel 44067C0337/00M000, Flanders. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
COPPECO
since 20162.248.949.651
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44067C0337/00M000 | Flanders | 6,538 m² | - | - |
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.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 930 EUR awarded · 930 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 930 EUR | 930 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 9,534 companies in sector 43222 we hold annual accounts for 5,664. 4,888 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded16-12-2015
Fiscal year end31-03
Activities, NACEBEL 2025
43222Installation of electric heating, air conditioning, cooling and ventilation
33110Repair and maintenance of fabricated metal products
43211General electrical installation work
43230Insulation installation
46150Agents in the wholesale of furniture, household goods and hardware
77221Rental and leasing activities
77310Rental and leasing activities
77320Rental and leasing activities
77399Renting and leasing of other machinery, equipment and tangible goods
Scores and ratios are computed by Checked and are not a credit decision.