COPS
ActiveSummary
The computed 12-month bankruptcy probability of COPS is 11.6% (high). For COPS, at least two filing cycles of the annual accounts are missing. The 2021 annual accounts show negative equity (-€78,128) and a net result of -€33,908. Equity is shrinking by ~39.1% per year across the filed fiscal years. The company has been active since 2004 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Checked score
No current score
Figures too old
The available figures for FY 2021 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Axes, FY 2021 · tick = 2020
Profitability0=
Solvency0=
Growth32▼-26
Track record92
Bankruptcy probability, 12 months
11.6%
High
0%0.5%1.5%4%10%≥ 25%
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Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2021Solvency, return and age of the figures
Solvency
-422.1%
Return on assets
-183.2%
Age of the figures
57 mo
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 · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline28-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 22-09-2022, 53 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
53 d late
2020
24 d early
2019
45 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 3 accounts on average 5 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
History
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Financials · fiscal year 2021, micro schema
Equity
-€78,128▼ 76.7%
2020 · -€44,220
Total assets
€18,507▲ 16.5%
2020 · €15,893
Net result
-€33,908▼ 192%
2020 · -€11,618
Working capital
-€92,986▼ 62.4%
2020 · -€57,261
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2018201920202021
Operating result-€13,986--€9,653▲ 31.0%-€11,220▼ 16.2%-€33,671▼ 200%
Net result-€14,036--€9,782▲ 30.3%-€11,618▼ 18.8%-€33,908▼ 192%
Equity-€22,819--€32,601▼ 42.9%-€44,220▼ 35.6%-€78,128▼ 76.7%
Total assets€13,061-€9,445▼ 27.7%€15,893▲ 68.3%€18,507▲ 16.5%
Debt€35,880-€42,046▲ 17.2%€60,112▲ 43.0%€96,635▲ 60.8%
Working capital-€35,440--€41,836▼ 18.0%-€57,261▼ 36.9%-€92,986▼ 62.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €33,671 in 2021 against €11,220 in 2020; the loss grows and 2021 has the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €18,507
Fixed assets
€14,858 ▲ 13.9%
Current assets
€3,649 ▲ 28.0%
Key figures and ratios
EBITDA
-€27,180▼
2020 · -€6,295
Cash flow
-€27,417▼
2020 · -€6,693
Solvency
-422.1%▼
2020 · -278.2%
Current ratio
0.04▼
2020 · 0.05
Debt to equity
-1.24
ROA
-183.2%▼
2020 · -73.1%
Interest coverage
-226.50
Debt ≤ 1 year
€96,635▲
2020 · €60,112
Income taxes
€117▼
2020 · €265
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,386 | €3,386 | €4,925 | €6,491 | ▲ 31.8% |
| Other operating charges640/8 | - | - | - | €2,040 | - |
| Gross operating margin9900 | -€9,125 | -€5,386 | -€5,383 | -€25,140 | ▼ 367% |
| Operating profit (loss)9901 | -€13,986 | -€9,653 | -€11,220 | -€33,671 | ▼ 200% |
| Financial charges65/66B | - | - | - | €120 | - |
| Recurring financial charges65 | - | €79 | €133 | €120 | ▼ 10.0% |
| Profit (loss) for the period before taxes9903 | -€13,986 | -€9,732 | -€11,353 | -€33,791 | ▼ 198% |
| Income taxes67/77 | €50 | €50 | €265 | €117 | ▼ 55.9% |
| Profit (loss) for the period9904 | -€14,036 | -€9,782 | -€11,618 | -€33,908 | ▼ 192% |
| Profit (loss) for the period to be appropriated9905 | -€14,036 | -€9,782 | -€11,618 | -€33,908 | ▼ 192% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €13,061 | €9,445 | €15,893 | €18,507 | ▲ 16.5% |
| Fixed assets21/28 | €12,621 | €9,235 | €13,041 | €14,858 | ▲ 13.9% |
| Tangible fixed assets22/27 | €12,258 | €8,872 | €12,678 | €14,495 | ▲ 14.3% |
| Plant, machinery and equipment23 | - | - | - | €2,764 | - |
| Furniture and vehicles24 | - | - | - | €4,918 | - |
| Other tangible fixed assets26 | - | - | - | €6,813 | - |
| Financial fixed assets28 | €363 | €363 | €363 | €363 | = |
| Current assets29/58 | €440 | €210 | €2,851 | €3,649 | ▲ 28.0% |
| Amounts receivable within one year40/41 | - | €41 | €2,471 | €2,995 | ▲ 21.2% |
| Trade receivables40 | - | - | - | €2,856 | - |
| Other amounts receivable41 | - | - | - | €139 | - |
| Cash at bank and in hand54/58 | €440 | €168 | €380 | €654 | ▲ 72.1% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €13,061 | €9,445 | €15,893 | €18,507 | ▲ 16.5% |
| Equity10/15 | -€22,819 | -€32,601 | -€44,220 | -€78,128 | ▼ 76.7% |
| Contributions10/11 | €11,250 | €11,250 | - | €11,250 | - |
| Reserves13 | €247 | €247 | €247 | €247 | = |
| Non-distributable reserves130/1 | - | - | - | €247 | - |
| Reserves not available under the articles1311 | - | - | - | €247 | - |
| Profit (loss) carried forward14 | -€34,316 | -€44,098 | -€55,717 | -€89,625 | ▼ 60.9% |
| Amounts payable17/49 | €35,880 | €42,046 | €60,112 | €96,635 | ▲ 60.8% |
| Amounts payable within one year42/48 | €35,880 | €42,046 | €60,112 | €96,635 | ▲ 60.8% |
| Trade debts44 | - | €1,943 | €595 | €3,747 | ▲ 530% |
| Suppliers440/4 | - | - | - | €3,747 | - |
| Taxes, remuneration and social security45 | - | - | - | €1,282 | - |
| Taxes450/3 | - | - | - | €282 | - |
| Remuneration and social security454/9 | - | - | - | €1,000 | - |
| Other amounts payable47/48 | - | - | - | €91,607 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€14,036 | -€9,782 | -€11,618 | -€33,908 | ▼ 192% |
| + Depreciation and write-downs630 | €3,386 | €3,386 | €4,925 | €6,491 | ▲ 31.8% |
| Operating cash flow (approximation) | -€10,650 | -€6,396 | -€6,693 | -€27,417 | ▼ 310% |
| Investment in fixed assets (approximation) | - | €0 | -€8,731 | -€8,309 | ▲ 4.8% |
| Change in cash | - | -€272 | €212 | €274 | ▲ 29.3% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
07-03
KBO administration
Address struck
2022
22-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 53 days late
2021
31-12
Financial
Weakest financial yearnet -€33,908
Net result drops to -€33,908, the lowest in the series.
07-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
16-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
21-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 21 days late
2018
13-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 44 days late
2017
08-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 39 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 30 days late
2015
28-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 28 days late
2014
29-08
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 29 days late
2013
29-09
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 60 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 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-Agatha-Berchem · 1 establishment unit since 2004
Ground area
852 m²
Building footprint
404 m²
Volume, LiDAR
3,089 m³
2 parcels, Brussels · tallest building 13.4 m, ±4 floors. Linked by address, not a title deed.
295
companies at this address
See who is registered here
1 establishment unit
COPS
since 20042.144.200.638
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21006A0376/00W002 | Brussels | 563 m² | 1 · 111 m² | 13.3 m · 4 fl. |
| 21342B0043/00F003 | Brussels | 290 m² | 1 · 293 m² | 10.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded27-04-2004
Fiscal year end31-12
Contact
E-mail
garagecops@gmail.com
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.
If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.