Skip to content

COPPER & LIGHT

Active
Cooperative companyfounded 2020active for 5 yearsVaartkom 4, 3000 Leuven, BelgiumKBO/BCE: BE 0759.570.970

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 22-07-2026 at the NBB all 5 filings

Turnover
≈ €88,000
Estimated: probably between €47,000 and €170,000
Total assets
€5,778▼ 89.2%
2024 · €53,257
Net result
€8,253▲ 11×
2024 · €733
Working capital
-€2,142
2024 · €20,358
Trend over the years

2021 to 2025, 5 financial years

The operating result for 2025 is 9.7 times that of 2024 and the highest since 2021. It is the second rise in a row, after the fall in 2023.

Operating result€8,352 2025 Net result€8,253 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Office administrative, office support and other business support activities (NACE 82). 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 dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20212022202320242025
Operating result-€5,382--€50,094▼ 831%-€64,338▼ 28.4%€864€8,352▲ 867%
Net result-€5,400below the sector's middle half--€50,151below the sector's middle half▼ 829%-€64,384below the sector's middle half▼ 28.4%€733within the sector's middle half€8,253within the sector's middle half▲ 11×
Equity€67,600within the sector's middle half-€42,450within the sector's middle half▼ 37.2%-€11,935below the sector's middle half-€11,202below the sector's middle half▲ 6.1%-€2,949below the sector's middle half▲ 73.7%
Total assets€163,012within the sector's middle half-€149,538within the sector's middle half▼ 8.3%€72,200within the sector's middle half▼ 51.7%€53,257below the sector's middle half▼ 26.2%€5,778below the sector's middle half▼ 89.2%
Debt€95,412-€107,089▲ 12.2%€84,135▼ 21.4%€64,459▼ 23.4%€8,727▼ 86.5%
Working capital€141,000above the sector's middle half-€102,320above the sector's middle half▼ 27.4%€37,103within the sector's middle half▼ 63.7%€20,358within the sector's middle half▼ 45.1%-€2,142within the sector's middle half
Solvency41.5%within the sector's middle half-28.4%within the sector's middle half▼ 13.1pp-16.5%below the sector's middle half▼ 44.9pp-21.0%below the sector's middle half▼ 4.5pp-51.0%below the sector's middle half▼ 30.0pp
Current ratio7.74above the sector's middle half-3.21within the sector's middle half▼ 4.532.08within the sector's middle half▼ 1.131.63within the sector's middle half▼ 0.450.72below the sector's middle half▼ 0.91
Return on assets (ROA)-3.3%below the sector's middle half--33.5%below the sector's middle half▼ 30.2pp-89.2%below the sector's middle half▼ 55.6pp1.4%within the sector's middle half▲ 90.5pp142.8%above the sector's middle half▲ 141.5pp
above within below The sector band is the middle half of the companies in Office administrative, office support and other business support activities (NACE 82). 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.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Key figures and ratios
2025 value · change against 2024
EBITDA
€8,572▲
2024 · €1,084
Cash flow
€8,473▲
2024 · €953
Interest coverage
86.10▲
2024 · 8.27
Debt ≤ 1 year
€7,700▼
2024 · €32,459
Debt > 1 year
€0▼
2024 · €32,000
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Comparable companies

These companies have the same main activity as COPPER & LIGHT: other business support services (NACE 82990). They are comparable in size and age: total assets between €4,340 and €10,900, founded between 2018 and 2022.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
COPPER & LIGHT Leuven2020€5,778-€2,949€14,852€8,2532025
BAR BRUTAL Landen2018€4,344-€1,245€12,957€7,6192025
Altruïs Wemmel2020€9,456€2,781€10,487€10,2322025
BELLASSENS Lasne2019€7,516€1,300€9,569€7,3802025
KT EVENTS Tessenderlo-Ham2022€5,484-€24,323€20,156€19,2412025
KAT-JOL Mol2020€10,946-€570€13,972-€1,7932025
L'EQUIPAGE Mouscron2020€8,153€1,689€28,688€20,8472025

They were chosen from the 9,746 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, 2,180 companies had the same profile as COPPER & LIGHT has now. Two years later, 4.8% had gone bankrupt and 88.8% were still going.

  • Micro
  • 5 to 10 years old
  • negative equity
  • a profit of 5% of the balance sheet or more
4.8% went bankrupt
5.8% stopped otherwise
88.8% was still going

Another 0.6% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of COPPER & LIGHT itself is lower: 0.6% within 12 months. It rests on far more data about COPPER & LIGHT than the profile alone.

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 2,180 companies, not a prediction for COPPER & LIGHT. 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 against 2024 · 36 lines

Source: Annual accounts 2025 at the NBB, filed on 22-07-2026.

Balance sheet Code20242025
Assets
Total assets20/58€53,257€5,778▼
Formation expenses20€440€220▼
Current assets29/58€52,817€5,558▼
Amounts receivable within one year40/41€20,682€4,543▼
Trade receivables40€17,953€1,235▼
Other amounts receivable41€2,729€3,308▲
Cash at bank and in hand54/58€31,808€716▼
Deferred charges and accrued income490/1€327€299▼
Equity and liabilities
Total equity and liabilities10/49€53,257€5,778▼
Equity10/15-€11,202-€2,949▲
Contributions10/11€108,000€22,000▼
Profit (loss) carried forward14-€119,202-€24,949▲
Amounts payable17/49€64,459€8,727▼
Amounts payable after more than one year17€32,000€0▼
Financial debts170/4€32,000€0▼
Amounts payable within one year42/48€32,459€7,700▼
Current portion of amounts payable after more than one year42€15,000€7,700▼
Trade debts44€17,446€0▼
Suppliers440/4€17,446€0▼
Taxes, remuneration and social security45€13€0▼
Taxes450/3€13€0▼
Accrued charges and deferred income492/3€0€1,027▲
Income statement Code20242025
Non-recurring operating income76A€0€23,050▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€220€220=
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€5,880
Other operating charges640/8€1,243€400▼
Gross operating margin9900€2,327€14,852▲
Operating profit (loss)9901€864€8,352▲
Financial charges65/66B€131€100▼
Recurring financial charges65€131€100▼
Profit (loss) for the period before taxes9903€733€8,253▲
Profit (loss) for the period9904€733€8,253▲
Profit (loss) for the period to be appropriated9905€733€8,253▲
Appropriation of the result
Profit (loss) to be appropriated9906-€119,202-€110,949▲
Profit (loss) brought forward from the previous period14P-€119,935-€119,202▲
Transfer from equity791/2-€86,000

The notes to these accounts have 2 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.

Line20212022202320242025Change
Non-recurring operating income76A-€5,072€25€0€23,050-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€220€220€220€220=
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4----€5,880-
Other operating charges640/8€50--€1,243€400▼ 67.8%
Non-recurring operating charges66A-€4----
Gross operating margin9900-€5,332-€49,870-€64,118€2,327€14,852▲ 538%
Operating profit (loss)9901-€5,382-€50,094-€64,338€864€8,352▲ 867%
Financial charges65/66B€18€57€46€131€100▼ 24.0%
Recurring financial charges65€18€57€46€131€100▼ 24.0%
Profit (loss) for the period before taxes9903-€5,400-€50,151-€64,384€733€8,253▲ 11×
Profit (loss) for the period9904-€5,400-€50,151-€64,384€733€8,253▲ 11×
Profit (loss) for the period to be appropriated9905-€5,400-€50,151-€64,384€733€8,253▲ 11×
Line20212022202320242025Change
Assets
Total assets20/58€163,012€149,538€72,200€53,257€5,778▼ 89.2%
Formation expenses20€1,100€880€660€440€220▼ 50.0%
Current assets29/58€161,912€148,658€71,540€52,817€5,558▼ 89.5%
Amounts receivable within one year40/41€3,717€8,405€13,216€20,682€4,543▼ 78.0%
Trade receivables40€106€3,868€9,040€17,953€1,235▼ 93.1%
Other amounts receivable41€3,611€4,537€4,176€2,729€3,308▲ 21.2%
Cash at bank and in hand54/58€158,195€140,254€58,324€31,808€716▼ 97.7%
Deferred charges and accrued income490/1---€327€299▼ 8.5%
Equity and liabilities
Total equity and liabilities10/49€163,012€149,538€72,200€53,257€5,778▼ 89.2%
Equity10/15€67,600€42,450-€11,935-€11,202-€2,949▲ 73.7%
Contributions10/11€73,000€98,000€108,000€108,000€22,000▼ 79.6%
Profit (loss) carried forward14-€5,400-€55,550-€119,935-€119,202-€24,949▲ 79.1%
Amounts payable17/49€95,412€107,089€84,135€64,459€8,727▼ 86.5%
Amounts payable after more than one year17€74,500€60,750€45,750€32,000€0▼ 100%
Financial debts170/4€74,500€60,750€45,750€32,000€0▼ 100%
Amounts payable within one year42/48€20,912€46,339€34,437€32,459€7,700▼ 76.3%
Current portion of amounts payable after more than one year42-€13,750€15,000€15,000€7,700▼ 48.7%
Trade debts44€20,912€32,589€19,437€17,446€0▼ 100%
Suppliers440/4€20,912€32,589€19,437€17,446€0▼ 100%
Taxes, remuneration and social security45---€13€0▼ 100%
Taxes450/3---€13€0▼ 100%
Accrued charges and deferred income492/3--€3,948€0€1,027-
Line20212022202320242025Change
Profit (loss) for the period9904-€5,400-€50,151-€64,384€733€8,253▲ 11×
+ Depreciation and write-downs630-€220€220€220€220=
Operating cash flow (approximation)-€5,400-€49,931-€64,164€953€8,473▲ 789%
Change in cash--€17,941-€81,929-€26,517-€31,091▼ 17.3%

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 (5)
Financial year Type Filed Reference Document
31-12-2025 micro format 22-07-2026 2026-00320661 NBB
31-12-2024 micro format 30-09-2025 2025-00533195 PDF
31-12-2023 micro format 24-06-2024 2024-00188751 PDF
31-12-2022 micro format 22-06-2023 2023-00153173 PDF
31-12-2021 micro format 24-06-2022 2022-20101290 PDF

Next steps