COPPENS
ActiveSummary
COPPENS has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €221k and a net result of €57k. Equity is growing by ~10.8% per year across the filed fiscal years. Its solvency ranks better than 59% of 1544 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
73
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability82=
Solvency66▼-6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity short (current ratio 0.9 against 1.12 in 2024; short-term debt: 45.7% and cash: 23.4% of total assets), and 58.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Sector 10
higher
← 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
41.3%
Return on assets
10.6%
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 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 d early
2024
16 d early
2023
20 d early
2022
1 d early
2021
34 d early
2020
51 d early
2019
7 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€221k▼ 6.5%
2024 · €237k
2018: €109k
2019: €113k
2020: €163k
2021: €169k
2022: €159k
2023: €198k
2024: €237k
2018 → 2025
Total assets
€536k▲ 6.5%
2024 · €503k
2018: €185k
2019: €232k
2020: €469k
2021: €432k
2022: €403k
2023: €514k
2024: €503k
2018 → 2025
Net result
€57k▲ 8.6%
2024 · €52k
2018: €13k
2019: €28k
2020: €72k
2021: €28k
2022: €-10k
2023: €39k
2024: €52k
2018 → 2025
Working capital
€-24k
2024 · €21k
2018: €28k
2019: €1k
2020: €21k
2021: €17k
2022: €6k
2023: €-33k
2024: €21k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€169k-€159k▼ 6.1%€198k▲ 24.7%€237k▲ 19.5%€221k▼ 6.5%
Operating result€48k-€-3k€62k€77k▲ 23.1%€82k▲ 7.0%
Net result€28k-€-10k€39k€52k▲ 33.0%€57k▲ 8.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 7% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €536k
Fixed assets
€315k ▲ 4.1%
Current assets
€221k ▲ 10.1%
Equity and liabilities €536k
Equity
€221k ▼ 6.5%
Debt
€314k ▲ 18.0%
Debt's share of the balance-sheet total rises from 53.0% to 58.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€167k▲
2024 · €155k
Cash flow
€142k▲
2024 · €130k
Current ratio
0.90▼
2024 · 1.12
Quick ratio
0.79▼
2024 · 0.98
Debt to equity
1.42▲
2024 · 1.13
ROE
25.6%▲
2024 · 22.0%
ROA
10.6%▲
2024 · 10.4%
Interest coverage
43.59▲
2024 · 33.04
Debt ≤ 1 year
€245k▲
2024 · €180k
Debt > 1 year
€69k▼
2024 · €86k
Income taxes
€24k▲
2024 · €21k
Staff costs
€209k▲
2024 · €176k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 56 lines
Balance sheet
Code20242025
Assets
Total assets20/58€503k€536k▲
Fixed assets21/28€302k€315k▲
Tangible fixed assets22/27€302k€313k▲
Plant, machinery and equipment23€38k€44k▲
Furniture and vehicles24€96k€65k▼
Leasing and similar rights25€3k€54k▲
Other tangible fixed assets26€166k€150k▼
Financial fixed assets28-€1k
Current assets29/58€201k€221k▲
Stocks and contracts in progress3€25k€28k▲
Stocks30/36€25k€28k▲
Amounts receivable within one year40/41€44k€56k▲
Trade receivables40€1k€4k▲
Other amounts receivable41€43k€52k▲
Cash at bank and in hand54/58€125k€126k▲
Deferred charges and accrued income490/1€7k€11k▲
Equity and liabilities
Total equity and liabilities10/49€503k€536k▲
Equity10/15€237k€221k▼
Contributions10/11€19k€19k=
Reserves13€218k€203k▼
Distributable reserves133€218k€203k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€267k€314k▲
Amounts payable after more than one year17€86k€69k▼
Financial debts170/4€86k€69k▼
Amounts payable within one year42/48€180k€245k▲
Current portion of amounts payable after more than one year42€64k€64k▼
Trade debts44€33k€52k▲
Suppliers440/4€33k€52k▲
Taxes, remuneration and social security45€69k€57k▼
Taxes450/3€29k€21k▼
Remuneration and social security454/9€40k€36k▼
Other amounts payable47/48€13k€72k▲
Accrued charges and deferred income492/3€255€0▼
Income statement
Code20242025
Non-recurring operating income76A€1k€18k▲
Remuneration, social security and pensions62€176k€209k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€78k€85k▲
Other operating charges640/8€3k€4k▲
Non-recurring operating charges66A€731€0▼
Gross operating margin9900€334k€380k▲
Operating profit (loss)9901€77k€82k▲
Financial income75/76B€1k€2k▲
Recurring financial income75€1k€2k▲
Financial charges65/66B€5k€4k▼
Recurring financial charges65€5k€4k▼
Profit (loss) for the period before taxes9903€73k€80k▲
Income taxes67/77€21k€24k▲
Profit (loss) for the period9904€52k€57k▲
Profit (loss) for the period to be appropriated9905€52k€57k▲
Appropriation of the result
Profit (loss) to be appropriated9906€42k€57k▲
Profit (loss) brought forward from the previous period14P€-10k€0▲
Transfer from equity791/2€13k€72k▲
Transfer to equity691/2€42k€57k▲
To other reserves6921€42k€57k▲
Profit to be distributed694/7€13k€72k▲
Return on contributions (dividend)694€13k€72k▲
The notes to these accounts (16 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
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €200kEq €237k ▲19.5%
2 profitable years in a row build equity to €237k.
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €39k
Net result €39k after one loss-making year.
30-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-10k ▼138%
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
10-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €72k ▲153%
Operating result €94k, net result €72k, both a record.
31-12
Financial
Equity above €150kEq €163k ▲44.8%
3 profitable years in a row build equity to €163k.
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
08-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
21-06
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
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, Sint-Pieters-Leeuw · 1 establishment unit since 1984
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.
Gustave Gibonstraat 81600 Sint-Pieters-LeeuwGround area
176 m²
Building footprint
164 m²
Volume, LiDAR
1,280 m³
Parcel 23077A0045/00G002, Flanders · tallest building 14.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
COPPENS
since 19842.024.085.835
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23077A0045/00G002 | Flanders | 176 m² | 1 · 164 m² | 14.6 m · 2 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteSint-Pieters-Leeuw2.024.085.835
Similar companies · same sector, comparable size
BAKKERIJ VAN ROEY
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NAZAR
BE 0480.229.875
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Boulangerie-Pâtisserie HEINDRICHS
BE 0440.402.863
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Bertouille Immo
BE 0848.287.170
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VLAANDEREN BAKKERIJ
BE 0849.874.210
Gent · Eq €221,048
Of 4,226 companies in sector 10712 we hold annual accounts for 1,870. 1,505 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-12-1983
Fiscal year end31-12
Activities, NACEBEL 2025
10712Artisanal bread and fresh pastry making
Sources
Crossroads Bank for EnterprisesNational Bank · 42 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0478709412