COPPENS-COMPUTERCENTER
ActiveFinancials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 29-01-2026 PDF all 24 filings
Turnover
≈ €2.1m
Estimated: probably between €1.3m and €3.6m
Total assets
€891,660▼ 6.1%
2024 · €950,004
Net result
€102,623▼ 17.1%
2024 · €123,800
Working capital
-€1,887
2024 · €10,044
Multi-year overview
2019 to 2025, 7 financial yearsOperating result
€117,316
▼ 15.9%
2025
20192025
Net result
€102,623
▼ 17.1%
2025
middle half of the sector
20192025
Equity
€360,612
▲ 1.9%
2025
middle half of the sector
20192025
Total assets
€891,660
▼ 6.1%
2025
middle half of the sector
20192025
Debt
€531,048
▼ 10.9%
2025
20192025
Working capital
-€1,887
2025
lowest quarter of the sector
20192025
Solvency
40.4%
▲ 3.2pp
2025
middle half of the sector
20192025
Current ratio
0.99
▼ 0.03
2025
lowest quarter of the sector
20192025
Return on assets (ROA)
11.5%
▼ 1.5pp
2025
highest quarter of the sector
20192025
Staff (FTE)
5.3
=
2025
middle half of the sector
20192025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€0.1m-€0.1m▲ 40.0%€0.1m▼ 25.0%€0.1m▼ 7.3%€0.06m▼ 37.8%€0.1m▲ 131%€0.1m▼ 15.9%
Net result€0.09m-€0.1mwithin the sector's middle half▲ 40.8%€0.1mwithin the sector's middle half▼ 19.9%€0.09mwithin the sector's middle half▼ 13.0%€0.05mwithin the sector's middle half▼ 39.5%€0.1mwithin the sector's middle half▲ 132%€0.1mwithin the sector's middle half▼ 17.1%
Equity€0.3m-€0.3mwithin the sector's middle half▲ 8.6%€0.3mwithin the sector's middle half▲ 1.6%€0.3mwithin the sector's middle half▲ 3.0%€0.3mwithin the sector's middle half▼ 0.2%€0.4mwithin the sector's middle half▲ 4.7%€0.4mwithin the sector's middle half▲ 1.9%
Total assets€1.1m-€1.1mwithin the sector's middle half▼ 1.9%€1.1mwithin the sector's middle half▼ 0.3%€1.0mwithin the sector's middle half▼ 7.8%€0.9mwithin the sector's middle half▼ 6.8%€1.0mwithin the sector's middle half▲ 2.1%€0.9mwithin the sector's middle half▼ 6.1%
Debt€0.8m-€0.8m▼ 5.7%€0.8m▼ 1.1%€0.7m▼ 12.5%€0.6m▼ 10.1%€0.6m▲ 0.7%€0.5m▼ 10.9%
Working capital€0.06m-€0.1mwithin the sector's middle half▲ 65.6%€0.06mwithin the sector's middle half▼ 35.0%€0.05mbelow the sector's middle half▼ 22.9%€0.03mbelow the sector's middle half▼ 43.3%€0.01mbelow the sector's middle half▼ 63.6%-€0.002mbelow the sector's middle half
Solvency27.0%-29.8%within the sector's middle half▲ 2.9pp30.4%within the sector's middle half▲ 0.6pp34.0%within the sector's middle half▲ 3.6pp36.4%within the sector's middle half▲ 2.4pp37.3%within the sector's middle half▲ 0.9pp40.4%within the sector's middle half▲ 3.2pp
Current ratio1.16-1.29within the sector's middle half▲ 0.131.17within the sector's middle half▼ 0.111.15below the sector's middle half▼ 0.021.09below the sector's middle half▼ 0.061.03below the sector's middle half▼ 0.060.99below the sector's middle half▼ 0.03
Return on assets (ROA)8.1%-11.6%above the sector's middle half▲ 3.5pp9.4%within the sector's middle half▼ 2.3pp8.8%within the sector's middle half▼ 0.5pp5.7%within the sector's middle half▼ 3.1pp13.0%above the sector's middle half▲ 7.3pp11.5%above the sector's middle half▼ 1.5pp
Staff (FTE)6.1-5.9within the sector's middle half▼ 3.3%6.3within the sector's middle half▲ 6.8%5.9within the sector's middle half▼ 6.3%5within the sector's middle half▼ 15.3%5.3within the sector's middle half▲ 6.0%5.3within the sector's middle half=
above
within
below
The sector band is the middle half of the companies in Wholesale trade (NACE 46). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 16% lower than in 2024.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €891,660
Fixed assets
€537,825 ▼ 4.5%
Current assets
€353,835 ▼ 8.5%
Equity and liabilities €891,660
Equity
€360,612 ▲ 1.9%
Debt
€531,048 ▼ 10.9%
Debt's share of the balance-sheet total falls from 62.7% to 59.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€145,003▼
2024 · €172,573
Cash flow
€130,310▼
2024 · €156,813
Quick ratio
0.79▲
2024 · 0.69
Debt to equity
1.47▼
2024 · 1.68
ROE
28.5%▼
2024 · 35.0%
Interest coverage
15.62▲
2024 · 15.15
Debt ≤ 1 year
€355,722▼
2024 · €376,734
Debt > 1 year
€165,710▼
2024 · €214,211
Income taxes
€6,254▼
2024 · €8,139
Staff costs
€253,368▼
2024 · €267,542
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 30-06-2022 | 30-06-2023 | 30-06-2024 | 30-06-2025 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 6 | 7 | 5 | 6 |
| full-time | 2 | 2 | 1 | 3 |
| part-time | 4 | 5 | 4 | 3 |
| in full-time equivalents | 4.7 | 5.6 | 4.4 | 5.2 |
| Average over the year, in full-time equivalents | 5.9 | 5 | 5.3 | 5.1 |
| On a permanent contract | 6 | 7 | 5 | 6 |
| Joined | 5 | 4 | 1 | 3 |
| Left | 7 | 3 | 3 | 2 |
Source: social balance sheet in the 2022 to 2025 annual accounts
Securities and guarantees
| Item | 30-06-2022 | 30-06-2023 | 30-06-2024 | 30-06-2025 |
|---|---|---|---|---|
| Debts secured on the company's own assets | €359,715 | - | - | €214,211 |
| Debts guaranteed by Belgian public bodies | - | €311,214 | - | - |
| Mortgages, amount registered | €27,500 | €27,500 | - | €27,500 |
| Mortgage mandates | €739,750 | €739,750 | - | €739,750 |
| Carrying value of the mortgaged assets | €590,892 | €571,373 | - | €535,195 |
| Pledge on the business | - | - | - | €7 |
Source: notes to the 2022 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 30-06-2022 | 30-06-2023 | 30-06-2024 | 30-06-2025 |
|---|---|---|---|---|
| Tangible fixed assets | €7,974 | - | - | €1,295 |
| Intangible fixed assets | - | - | - | €990 |
| Depreciation and write-downs of the year | €41,548 | €36,799 | €33,013 | €27,687 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2025 · 1 entry · €1,452 awarded · €1,188 paidAnnual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | - | €1,295 | - |
| Remuneration, social security and pensions62 | - | - | - | €248,676 | €229,380 | €267,542 | €253,368 | ▼ 5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €43,986 | €33,471 | €36,802 | €41,548 | €36,799 | €33,013 | €27,687 | ▼ 16.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €0 | - | -€1,900 | €0 | - |
| Other operating charges640/8 | - | - | - | €4,031 | €4,754 | €8,155 | €7,684 | ▼ 5.8% |
| Non-recurring operating charges66A | - | - | - | - | - | - | €6,270 | - |
| Gross operating margin9900 | €411,733 | €408,580 | €386,501 | €391,493 | €331,421 | €446,371 | €412,325 | ▼ 7.6% |
| Operating profit (loss)9901 | €99,949 | €139,895 | €104,926 | €97,237 | €60,487 | €139,560 | €117,316 | ▼ 15.9% |
| Financial income75/76B | - | - | - | €2,142 | €4,782 | €3,767 | €844 | ▼ 77.6% |
| Recurring financial income75 | €1,138 | €1,333 | €5,422 | €2,142 | €4,782 | €3,767 | €844 | ▼ 77.6% |
| Financial charges65/66B | - | - | - | €6,257 | €9,936 | €11,389 | €9,283 | ▼ 18.5% |
| Recurring financial charges65 | €10,791 | €8,846 | €7,583 | €6,257 | €9,936 | €11,389 | €9,283 | ▼ 18.5% |
| Profit (loss) for the period before taxes9903 | €90,296 | €132,382 | €102,765 | €93,122 | €55,334 | €131,938 | €108,877 | ▼ 17.5% |
| Income taxes67/77 | €585 | €6,084 | €1,564 | €5,111 | €2,050 | €8,139 | €6,254 | ▼ 23.2% |
| Profit (loss) for the period9904 | €89,711 | €126,298 | €101,201 | €88,011 | €53,284 | €123,800 | €102,623 | ▼ 17.1% |
| Profit (loss) for the period to be appropriated9905 | €89,711 | €126,298 | €101,201 | €88,011 | €53,284 | €123,800 | €102,623 | ▼ 17.1% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €1.1m | €1.1m | €1.1m | €1.0m | €0.9m | €1.0m | €0.9m | ▼ 6.1% |
| Fixed assets21/28 | €0.7m | €0.6m | €0.7m | €0.6m | €0.6m | €0.6m | €0.5m | ▼ 4.5% |
| Intangible fixed assets21 | - | - | - | - | - | - | €0.001m | - |
| Tangible fixed assets22/27 | €0.7m | €0.6m | €0.7m | €0.6m | €0.6m | €0.6m | €0.5m | ▼ 4.7% |
| Land and buildings22 | - | - | - | €0.6m | €0.6m | €0.6m | €0.5m | ▼ 3.2% |
| Plant, machinery and equipment23 | - | - | - | €0.002m | €291 | €0 | - | - |
| Furniture and vehicles24 | - | - | - | €0.01m | €0.003m | €0.006m | €0.002m | ▼ 73.6% |
| Leasing and similar rights25 | - | - | - | €0.02m | €0.01m | €0.004m | €0 | ▼ 100% |
| Financial fixed assets28 | €0.001m | €0.001m | €0.001m | €0.001m | €0 | - | - | - |
| Current assets29/58 | €0.4m | €0.4m | €0.4m | €0.4m | €0.3m | €0.4m | €0.4m | ▼ 8.5% |
| Stocks and contracts in progress3 | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.07m | ▼ 44.3% |
| Stocks30/36 | - | - | - | €0.1m | €0.1m | €0.1m | €0.07m | ▼ 44.3% |
| Amounts receivable within one year40/41 | €0.2m | €0.2m | €0.1m | €0.1m | €0.1m | €0.1m | €0.2m | ▲ 14.5% |
| Trade receivables40 | - | - | - | €0.04m | €0.04m | €0.05m | €0.07m | ▲ 37.5% |
| Other amounts receivable41 | - | - | - | €0.09m | €0.09m | €0.09m | €0.09m | ▲ 1.4% |
| Cash at bank and in hand54/58 | €0.1m | €0.1m | €0.2m | €0.1m | €0.1m | €0.1m | €0.1m | ▼ 5.2% |
| Deferred charges and accrued income490/1 | - | - | - | - | - | - | €0.01m | - |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €1.1m | €1.1m | €1.1m | €1.0m | €0.9m | €1.0m | €0.9m | ▼ 6.1% |
| Equity10/15 | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.4m | €0.4m | ▲ 1.9% |
| Contributions10/11 | €0.02m | - | - | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▲ 4.1% |
| Distributable reserves133 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | ▲ 4.1% |
| Profit (loss) carried forward14 | €0.1m | €0.1m | €0.1m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Amounts payable17/49 | €0.8m | €0.8m | €0.8m | €0.7m | €0.6m | €0.6m | €0.5m | ▼ 10.9% |
| Amounts payable after more than one year17 | €0.4m | €0.4m | €0.4m | €0.3m | €0.3m | €0.2m | €0.2m | ▼ 22.6% |
| Financial debts170/4 | - | - | - | €0.3m | €0.3m | €0.2m | €0.2m | ▼ 22.6% |
| Amounts payable within one year42/48 | €0.4m | €0.3m | €0.4m | €0.3m | €0.3m | €0.4m | €0.4m | ▼ 5.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.06m | €0.06m | €0.05m | €0.05m | ▼ 8.9% |
| Trade debts44 | €0.2m | €0.1m | €0.1m | €0.1m | €0.1m | €0.2m | €0.1m | ▼ 20.3% |
| Suppliers440/4 | - | - | - | €0.1m | €0.1m | €0.2m | €0.1m | ▼ 20.3% |
| Advances received on contracts in progress46 | - | - | - | €0.002m | €0 | €178 | €28 | ▼ 84.2% |
| Taxes, remuneration and social security45 | - | - | - | €0.02m | €0.03m | €0.04m | €0.04m | ▼ 1.8% |
| Taxes450/3 | - | - | - | €0.003m | €0.004m | €0.01m | €0.009m | ▼ 34.2% |
| Remuneration and social security454/9 | - | - | - | €0.02m | €0.03m | €0.02m | €0.03m | ▲ 16.6% |
| Other amounts payable47/48 | - | - | - | €0.1m | €0.09m | €0.1m | €0.2m | ▲ 11.1% |
| Accrued charges and deferred income492/3 | - | - | - | €0.01m | €0.008m | €0.005m | €0.01m | ▲ 89.6% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €89,711 | €126,298 | €101,201 | €88,011 | €53,284 | €123,800 | €102,623 | ▼ 17.1% |
| + Depreciation and write-downs630 | €43,986 | €33,471 | €36,802 | €41,548 | €36,799 | €33,013 | €27,687 | ▼ 16.1% |
| Operating cash flow (approximation) | €133,697 | €159,769 | €138,004 | €129,559 | €90,083 | €156,813 | €130,310 | ▼ 16.9% |
| Investment in fixed assets (approximation) | - | -€7,935 | -€43,871 | -€7,974 | €1,000 | -€10,598 | -€2,285 | ▲ 78.4% |
| Change in cash | - | €23,349 | €36,603 | -€56,301 | -€10,948 | €12,384 | -€6,155 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 31,368 companies had the same profile as COPPENS-COMPUTERCENTER has now. Two years later, 93.5% were still going and 0.5% had gone bankrupt.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
93.5%
was still going
5.9%
stopped otherwise
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of COPPENS-COMPUTERCENTER itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,446 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.
| 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 31,368 companies, not a prediction for COPPENS-COMPUTERCENTER. 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.
Latest 10 of 24 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | abbreviated format | 29-01-2026 | 2026-00027302 | |
| 30-06-2024 | abbreviated format | 20-01-2025 | 2025-00007289 | |
| 30-06-2023 | abbreviated format | 24-01-2024 | 2024-00014379 | |
| 30-06-2022 | abbreviated format | 25-01-2023 | 2023-00005220 | |
| 30-06-2021 | abbreviated format | 31-01-2022 | 2022-04800245 | |
| 30-06-2020 | abbreviated format | 29-01-2021 | 2021-03000431 | |
| 30-06-2019 | abbreviated format | 30-01-2020 | 2020-03600278 | |
| 30-06-2018 | abbreviated format | 31-01-2019 | 2019-03700421 | |
| 30-06-2017 | abbreviated format | 30-01-2018 | 2018-03300113 | |
| 30-06-2016 | abbreviated format | 13-03-2017 | 2017-06300014 |