COPRAL
The computed 12-month bankruptcy probability of COPRAL is 2.7% (moderate). The 2025 annual accounts show negative equity (€-21k) and a net result of €-18k. Equity is shrinking by ~51.4% per year across the filed fiscal years. Its solvency ranks better than 15% of 1385 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-21k |
| Net result | €-18k |
| Better than sector | 15% |
| Active | 5 yrs |
Mixed profile: strong on profitability, weaker on growth.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -23.9% | 23.4% | |
| Net result | €-18k | €8k | |
| Equity | €-21k | €26k | |
| Gross operating margin | €75k | €36k | |
| Total assets | €88k | €133k |
| Fiscal year | 2025 |
|---|---|
| Revenue | - |
| EBITDA | €75k |
| Net profit | €-18k |
| Cash flow | €62k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €88k |
| Equity | €-21k |
| Debt | €109k |
| of which ≤ 1y | €109k |
| of which > 1y | - |
| Working capital | €-61k |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | 0.44 |
| Quick ratio | 0.44 |
| Working capital ratio | -69.4% |
| Solvency | -23.9% |
| Debt / equity | -5.19 |
| Long-term debt ratio | - |
| Interest coverage | 5.96 |
| Gross margin | - |
| Net margin | - |
| ROA | -20.3% |
| ROE | 85.1% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €88k |
| Fixed assets | 21/28 | €40k |
| Intangible fixed assets | 21 | €40k |
| Current assets | 29/58 | €48k |
| Amounts receivable within one year | 40/41 | €21k |
| Cash & bank | 54/58 | €27k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €88k |
| Equity | 10/15 | €-21k |
| Contributions / capital | 10/11 | €15k |
| Reserves | 13 | €1k |
| Accumulated profits (losses) | 14 | €-37k |
| Amounts payable | 17/49 | €109k |
| Amounts payable within one year | 42/48 | €109k |
| Trade debts payable within one year | 44 | €53k |
| Income statement | ||
| Gross operating margin | 9900 | €75k |
| Operating result | 9901 | €-5k |
| Financial income | 75 | €53 |
| Financial charges | 65 | €13k |
| Result before taxes | 9903 | €-18k |
| Net result for the period | 9904 | €-18k |
| Result to be appropriated | 9905 | €-18k |
-
Current12-11-2022 → present
Former directors (2)
-
Former- → 21-02-2023
-
Former- → 21-02-2023
| NACE primary | Retail trade(47120) |
| Legal form | Private limited company(610) |
| Incorporation | 11-02-2021 |
| Status | Active |
| Postal code | 8790 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34453F0782/00F000 | Flanders | 5,929 m² | 1 · 3,185 m² | 7.9 m · 2 fl. |
| 44808H0050/00G009 | Flanders | 95 m² | 1 · 94 m² | 17.4 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
23-01-2026 Registered office moved from Gent to Waregem
- Sperwerstraat 4, 9000 Gent → Mannebeekstraat 7, 8790 Waregem
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Waregem",
"region": null,
"street": "Mannebeekstraat",
"country": "BE",
"postcode": "8790",
"box_number": null,
"street_number": "7"
},
"old_address": {
"city": "Gent",
"region": null,
"street": "Sperwerstraat",
"country": "BE",
"postcode": "9000",
"box_number": null,
"street_number": "4"
},
"effective_date": "2026-01-14",
"evidence_quote": "De algemene vergadering besluit de zetel van de vennootschap te verplaatsen naar 8790 Waregem, Mannebeekstraat 7."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0763.500.064",
"name_full": "VIGASUN",
"legal_form": "BV"
}
}21-02-2023 1 director appointed, 2 resigning
- Justine De Brabandere, Bestuurder
- Patricia Claerbout, Bestuurder
- Olivier De Brabandere, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Patricia Claerbout",
"address": null,
"birth_date": null
},
"evidence_quote": "eervol ontslag is gegeven aan Patricia Claerbout en Olivier De Brabandere voor hun mandaat als bestuurder."
},
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Olivier De Brabandere",
"address": null,
"birth_date": null
},
"evidence_quote": "eervol ontslag is gegeven aan Patricia Claerbout en Olivier De Brabandere voor hun mandaat als bestuurder."
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Justine De Brabandere",
"address": null,
"birth_date": null
},
"effective_date": "2022-11-12",
"evidence_quote": "mevrouw Justine De Brabandere, Nokerseweg 168, 8790 Waregem per 12 novermber 2022 werd benoemd tot bestuurder van de vennootschap."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0763.500.064",
"name_full": "VIGASUN",
"legal_form": "BV"
}
}15-02-2021 Incorporation of a new BV
Technical details
{
"kind": "oprichting",
"seat": "9000 Gent, Sperwerstraat 4",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1968-03-03",
"name": "Olivier Georges Paula DE BRABANDERE",
"niss": null,
"address": "Waregem"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 7500,
"holder_person_name": "Olivier Georges Paula DE BRABANDERE",
"is_subscriber_only": false,
"n_shares_subscribed": 500,
"amount_subscribed_eur": 7500,
"is_anonymous_silent_partner": false
},
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1968-08-24",
"name": "Patricia Alida Pierre Maria CLAERBOUT",
"niss": null,
"address": "8790 Waregem, Nokerseweg 168"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 7500,
"holder_person_name": "Patricia Alida Pierre Maria CLAERBOUT",
"is_subscriber_only": false,
"n_shares_subscribed": 500,
"amount_subscribed_eur": 7500,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 15000,
"subject_company": {
"kbo": "0763.500.064",
"name_full": "VIGASUN",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2021-02-11",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | COPRAL |