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COPPENS BART

Active
Private limited companyfounded 2025active for 1 yearKleinderbeek 4, 9320 Aalst, BelgiumKBO/BCE: BE 1019.439.613

From the official registers: KBO 1 annual account at the National Bank publications in the Belgian Official Gazette

Summary

COPPENS BART has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €49,150 and a net result of €46,650. Its solvency ranks better than 61% of 34,902 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Overview

Official details

KBO
Status
Active since 31-01-2025 Normal situation
Activity
Installation of electric heating, air conditioning, cooling and ventilation NACE 43222and 5 others
Establishment unit
2.369.489.670 9320 Aalst, since 31-01-2025
Financial year end
31 December
Peppol
Reachable since 08-10-2025

Board and ownership

Board

Financial position

87 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Annual accounts 2025
Turnover
€370,480
Profit
€46,650
Equity
€49,150
Total assets
€87,238
Filed on 18-07-2026, 13 days before the deadlineat the National Bank
Score breakdownraises riskFounded in 2025Size: turnover €370,480, total assets €87,238lowers riskLiquidity: current ratio 2.19, cash €61,198Equity €49,150 (56.3% of total assets)Show the evidence

Checked score

Score 2025
87 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 74% of micro companies in specialised construction (NACE 43)
Financial strength
Strong
Solvency 81
equity 56.3% of total assets
Liquidity 79
short-term debt 43.7% · cash 70.2%
Profitability 97
return on assets 53.5%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 02-2026: 1.9% 03-2026: 1.9%● unchanged vs 02-2026 04-2026: 1.9%● unchanged vs 03-2026 05-2026: 2.3%▲ +0.4 percentage points vs 04-2026 06-2026: 2.4%▲ +0.1 percentage points vs 05-2026 07-2026: 2.7%▲ +0.3 percentage points vs 06-2026highest value 08-2026: 0.4%▼ -2.3 percentage points vs 07-2026lowest value 09-2026: 0.4%● unchanged vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026
Credit of up to €4,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.19, above the usual 1.5. Short-term debt is 43.7% and cash 70.2% of total assets. 43.7% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 61% of them on solvency, 77% on liquidity and 82% on profitability.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 2.19, cash €61,198
NBB · annual accounts
raises risk · Founded in 2025
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Size: turnover €370,480, total assets €87,238
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Equity €49,150 (56.3% of total assets)
NBB · annual accounts
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 18-07-2026, 13 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
13 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2025.
KBO publications

Financials

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 18-07-2026 at the NBB

Turnover
€370,480
EBIT margin
17.4%
Net result
€46,650
Working capital
€45,289
Balance-sheet composition
Assets €87,238
Fixed assets €3,861
Current assets €83,377
Equity and liabilities €87,238
Equity €49,150
Debt €38,087
Debt's share of the balance-sheet total is 43.7%.
Key figures and ratios
2025 value
EBITDA
€64,828
Cash flow
€47,079
Current ratio
2.19
Quick ratio
2.11
Debt to equity
0.77
ROE
94.9%
ROA
53.5%
Interest coverage
over 100
Debt ≤ 1 year
€38,087
Income taxes
€17,730
Customer credit
0 days
Supplier credit
1 day

Comparable companies

These companies have the same main activity as COPPENS BART: installation of electric heating, air conditioning, cooling and ventilation (NACE 43222). They are comparable in size and age: total assets between €77,600 and €95,800, founded between 2024 and 2025.

CompanyFoundedTotal assetsEquityGross marginTurnoverNet resultFinancial year
COPPENS BART Aalst2025€87,238€49,150€65,413€370,480€46,6502025
KlimaatWatt Gent2024€92,658€36,228€62,505-€31,2282025
AC Chauff Ukkel2024€80,375€40,744€64,662-€37,7442025
Klimaattechnieken Rutten Pelt2025€77,645€50,160€65,959-€48,4922025
GVH CONCEPT Verviers2024€95,800€54,136€70,773-€49,1362025
CHRISTOPHE MATHOT CHAUFFAGE Ciney2024€84,002€51,458€78,015-€47,4582025
AQUAREFLEX Estaimpuis2024€92,629€50,244€57,276-€43,2442025

They were chosen from the 5,585 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 11,279 companies had the same profile as COPPENS BART has now. Two years later, 0.7% had gone bankrupt and 96.6% were still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
96.6% was still going

That fits the bankruptcy probability of COPPENS BART itself: 0.4% within 12 months.

Test of the method

The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 11,279 companies, not a prediction for COPPENS BART. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 47 lines

Source: Annual accounts 2025 at the NBB, filed on 18-07-2026.

Balance sheet Code2025
Assets
Total assets20/58€87,238
Fixed assets21/28€3,861
Tangible fixed assets22/27€3,861
Plant, machinery and equipment23€3,861
Current assets29/58€83,377
Amounts receivable after more than one year29€0
Trade receivables290€0
Stocks and contracts in progress3€3,000
Stocks30/36€3,000
Amounts receivable within one year40/41€4,288
Trade receivables40€0
Other amounts receivable41€4,288
Cash at bank and in hand54/58€61,198
Deferred charges and accrued income490/1€14,890
Equity and liabilities
Total equity and liabilities10/49€87,238
Equity10/15€49,150
Contributions10/11€2,500
Reserves13€46,364
Distributable reserves133€46,364
Profit (loss) carried forward14€287
Amounts payable17/49€38,087
Amounts payable within one year42/48€38,087
Current portion of amounts payable after more than one year42€0
Trade debts44€988
Suppliers440/4€988
Advances received on contracts in progress46€10,932
Taxes, remuneration and social security45€26,143
Taxes450/3€20,444
Remuneration and social security454/9€5,699
Other amounts payable47/48€24
Income statement Code2025
Turnover70€370,480
Goods, raw materials, services and sundry goods60/61€305,067
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€429
Other operating charges640/8€585
Gross operating margin9900€65,413
Operating profit (loss)9901€64,399
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€18
Recurring financial charges65€18
Profit (loss) for the period before taxes9903€64,381
Income taxes67/77€17,730
Profit (loss) for the period9904€46,650
Profit (loss) for the period to be appropriated9905€46,650
Appropriation of the result
Profit (loss) to be appropriated9906€46,650
Transfer to equity691/2€46,364
To other reserves6921€46,364

The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line2025
Turnover70€370,480
Goods, raw materials, services and sundry goods60/61€305,067
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€429
Other operating charges640/8€585
Gross operating margin9900€65,413
Operating profit (loss)9901€64,399
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€18
Recurring financial charges65€18
Profit (loss) for the period before taxes9903€64,381
Income taxes67/77€17,730
Profit (loss) for the period9904€46,650
Profit (loss) for the period to be appropriated9905€46,650
Line2025
Assets
Total assets20/58€87,238
Fixed assets21/28€3,861
Tangible fixed assets22/27€3,861
Plant, machinery and equipment23€3,861
Current assets29/58€83,377
Amounts receivable after more than one year29€0
Trade receivables290€0
Stocks and contracts in progress3€3,000
Stocks30/36€3,000
Amounts receivable within one year40/41€4,288
Trade receivables40€0
Other amounts receivable41€4,288
Cash at bank and in hand54/58€61,198
Deferred charges and accrued income490/1€14,890
Equity and liabilities
Total equity and liabilities10/49€87,238
Equity10/15€49,150
Contributions10/11€2,500
Reserves13€46,364
Distributable reserves133€46,364
Profit (loss) carried forward14€287
Amounts payable17/49€38,087
Amounts payable within one year42/48€38,087
Current portion of amounts payable after more than one year42€0
Trade debts44€988
Suppliers440/4€988
Advances received on contracts in progress46€10,932
Taxes, remuneration and social security45€26,143
Taxes450/3€20,444
Remuneration and social security454/9€5,699
Other amounts payable47/48€24
Line2025
Profit (loss) for the period9904€46,650
+ Depreciation and write-downs630€429
Operating cash flow (approximation)€47,079

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2025 micro format 18-07-2026 2026-00308680 NBB

Board & ownership

Directors

Directors
1 director, no change since 2025
COPPENS,Bart
Director (not named in the articles) · appointed in the act of 04-02-2025
Current
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“De niet-statutaire bestuurders zijn enkel herroepbaar bij besluit van de algemene vergadering met opgave van redenen, en die een…”
deed of 04-02-2025

Owners and capital

Shareholders

At incorporation act of 04-02-2025 ↗

Capital transactions

Capital over time
  1. 04-02-2025 Incorporation · €2,500 · 250 shares

Articles of association

Board and representation

Board ruleThese rules set how the board is made up, meets and takes decisions.
“Bestuursorgaan, één of meer bestuurders,natuurlijke personen of rechtspersonen,al dan niet aandeelhouder”

Audit, dissolution and liquidation

Dissolution ruleThe articles set when and by whom the company can be dissolved.
“Vormen vereist voor statutenwijziging, op elk moment”
Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
“Indien geen andere vereffenaar benoemd, één of meerdere vereffenaars aanduiden,bevoegdheden omlijnen,vergoeding bepalen”

Articles of association, deed of 04-02-2025 (in Dutch)

Network & group

COPPENS BART shares no director with another company.

Connections & network

1 current director
Depth

The network starts from the directors of COPPENS BART. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Acts, filings and financial milestones

2026
18-07
NBB filing Annual accounts filedNBB
financial year 2025 · micro format
2025
04-02
Gazette deed Incorporation
Appointment: COPPENS,Bart (director) · Founder · Founding capital8 points ▸
  • Incorporation, 23-01-2025
  • Founder, COPPENS,Bart
  • Founding capital, €2,500
  • Other provision, “attest afgeleverd door de bank, bevestiging deponering gestort kapitaal” (deed in Dutch)
  • Board rule, 1
  • Director appointment, COPPENS,Bart (director (not named in the articles))
  • Registered office clause, “9320 Aalst (Nieuwerkerken),Kleinderbeek 4” (deed in Dutch)
  • Pre-incorporation commitments, “takeover, alle verbintenissen,verplichtingen en activiteiten in naam en voor rekening van vennootschap in oprichting” (deed in Dutch)

Open the act in the Belgian Official Gazette

Gazette deedNBB filing

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

Company details

Register details

Identity

KBO record
Name COPPENS BART in Dutch
Enterprise number 1019.439.613
Legal form Private limited company
Status Active, normale toestand
Founded 31-01-2025
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 04-02-2025 (in Dutch)
Name clauseThe company operates under this name according to its articles.
COPPENS BART
deed of 04-02-2025 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 04-02-2025 (in Dutch)

Registered office and establishments

Registered office Kleinderbeek 4, 9320 Aalst, Belgium
Establishments 1 establishment unit since 2025

Activities

NACEBEL 2025
43222 Installation of electric heating, air conditioning, cooling and ventilation main activity
25210 Manufacture of fabricated metal products, except machinery and equipment
33110 Repair and maintenance of fabricated metal products
43221 Plumbing work
43230 Insulation installation
81220 Other building cleaning and industrial cleaning

Invoicing and payment

VAT number BE 1019.439.613
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:1019439613
Other Peppol ID 9925:BE1019439613
Registered 08-10-2025

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 1 November 2026 · Peppol Directory

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 1019.439.613

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Friday of June at 19:00
deed of 04-02-2025 (in Dutch)

Sites & property

Location
registered office establishment The establishment unit on the map
2 companies at this address See who is registered here
1 establishment unit
COPPENS BART
Kleinderbeek 4, 9320 AalstInstallation of electric heating, air conditioning, cooling and ventilation
since 2025unit number 2.369.489.670

Buildings and parcels at the address

Ground area
1,527 m²
Building footprint
271 m²
Building volume
820 m³
Parcel 41047C0737/00L002, Flanders · tallest building 5.0 m.
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
41047C0737/00L002 Flanders 1,527 m² 1 · 271 m² 5.0 m · 1