COPS
ActiveCOPS has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €309k and a net result of €71k. Equity is growing by ~5.6% per year across the filed fiscal years. Its solvency ranks better than 76% of 36377 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
100
/ 100
Excellent= vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+45
Solvency100=
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 2.76 against 6.83 in 2023), and 29.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
34 d early
2022
33 d early
2021
33 d early
2020
31 d early
2019
31 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€309k▲ 29.9%
2023 · €238k
2018: €179k
2019: €201k
2020: €217k
2021: €222k
2022: €228k
2023: €238k
2018 → 2024
Total assets
€437k▲ 60.4%
2023 · €273k
2018: €289k
2019: €453k
2020: €356k
2021: €266k
2022: €320k
2023: €273k
2018 → 2024
Net result
€71k▲ 174%
2023 · €26k
2018: €55k
2019: €22k
2020: €16k
2021: €5k
2022: €6k
2023: €26k
2018 → 2024
Working capital
€226k▲ 11.6%
2023 · €202k
2018: €76k
2019: €61k
2020: €104k
2021: €129k
2022: €153k
2023: €202k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€217k-€222k▲ 2.3%€228k▲ 2.9%€238k▲ 4.1%€309k▲ 29.9%
Operating result€30k-€10k▼ 68.0%€13k▲ 32.0%€37k▲ 194%€101k▲ 174%
Net result€16k-€5k▼ 70.2%€6k▲ 31.1%€26k▲ 303%€71k▲ 174%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 174% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €437k
Fixed assets
€83k▲ 134%
Current assets
€354k▲ 49.4%
Equity and liabilities €437k
Equity
€309k▲ 29.9%
Debt
€128k▲ 268%
The debt ratio rises from 12.8% to 29.4%: debt grows faster than equity.
Key figures and ratios
EBITDA
€110k▲
2023 · €57k
Cash flow
€81k▲
2023 · €46k
Solvency
70.6%▼
2023 · 87.2%
Current ratio
2.76▼
2023 · 6.83
Quick ratio
2.60▼
2023 · 5.96
Debt / equity
0.42▲
2023 · 0.15
ROE
23.0%▲
2023 · 10.9%
ROA
16.3%▲
2023 · 9.5%
Interest coverage
111.76▲
2023 · 79.98
Debt
€128k▲
2023 · €35k
Debt ≤ 1 year
€128k▲
2023 · €35k
Income taxes
€30k▲
2023 · €11k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€273k€437k▲
Fixed assets21/28€36k€83k▲
Tangible fixed assets22/27€21k€29k▲
Land and buildings22€7k-
Plant, machinery and equipment23€13k€13k▼
Furniture and vehicles24€195€15k▲
Other tangible fixed assets26-€1k
Financial fixed assets28€15k€54k▲
Current assets29/58€237k€354k▲
Stocks and contracts in progress3€30k€20k▼
Contracts in progress37€30k€20k▼
Amounts receivable within one year40/41€81k€85k▲
Trade receivables40€54k€22k▼
Other amounts receivable41€28k€63k▲
Current investments50/53€109k€134k▲
Cash at bank and in hand54/58€11k€115k▲
Deferred charges and accrued income490/1€5k€427▼
Equity and liabilities
Total equity and liabilities10/49€273k€437k▲
Equity10/15€238k€309k▲
Contributions10/11€19k€19k=
Reserves13€218k€289k▲
Distributable reserves133€218k€289k▲
Profit (loss) carried forward14€2k€2k▲
Amounts payable17/49€35k€128k▲
Amounts payable within one year42/48€35k€128k▲
Trade debts44€30k€106k▲
Suppliers440/4€30k€106k▲
Taxes, remuneration and social security45€5k€23k▲
Taxes450/3€5k€23k▲
Accrued charges and deferred income492/3€125€12▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€9k▼
Other operating charges640/8€2k€3k▲
Non-recurring operating charges66A-€7k
Gross operating margin9900€58k€121k▲
Operating profit (loss)9901€37k€101k▲
Financial income75/76B€1k€953▼
Recurring financial income75€1k€953▼
Financial charges65/66B€707€987▲
Recurring financial charges65€707€987▲
Profit (loss) for the period before taxes9903€37k€101k▲
Income taxes67/77€11k€30k▲
Profit (loss) for the period9904€26k€71k▲
Profit (loss) for the period to be appropriated9905€26k€71k▲
Appropriation of the result
Profit (loss) to be appropriated9906€28k€73k▲
Profit (loss) brought forward from the previous period14P€2k€2k▲
Transfer to equity691/2€26k€71k▲
To other reserves6921€26k€71k▲
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €71k ▲174%
Operating result €101k, net result €71k, both a record.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity triplescurrent ratio 6.83
Current ratio from 2.69 to 6.83; short-term debt falls from €91k to €35k.
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €5k ▼70.2%
Net result drops to €5k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 4.06
Current ratio from 1.85 to 4.06; short-term debt falls from €123k to €42k.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €200kEq €201k ▲12.2%
2 profitable years in a row build equity to €201k.
29-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
20-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Zulte · 1 establishment unit since 2007
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Pannestraat 129870 ZulteGround area
948 m²
Building footprint
202 m²
Volume, LiDAR
789 m³
Parcel 44037B0683/00G002, Flanders · tallest building 7.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
COPS
since 20072.161.442.585
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44037B0683/00G002 | Flanders | 948 m² | 1 · 202 m² | 7.3 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 421 EUR awarded · 421 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 421 EUR | 421 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
14 categoriesCOPS BV31757
Similar companies · same sector, comparable size
S.T.Y. CONSTRUCT
BE 0742.911.815
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DORU MD
BE 0663.638.168
Sint-Agatha-Berchem · Eq €309k
WILLIAM PARKER
BE 0875.698.182
Kraainem · Eq €309k
COUCLET ISO CONSTRUCT
BE 0821.640.775
Ciney · Eq €309k
DUMORTIER KURT
BE 0893.376.037
Torhout · Eq €309k
Of 15,434 companies in sector 43990 we hold annual accounts for 7,355. 5,296 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-03-2007
Fiscal year end31-12
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
45250
25110Manufacture of metal structures and parts of structures
25210Manufacture of fabricated metal products, except machinery and equipment
25300Manufacture of fabricated metal products, except machinery and equipment
25530Machining of metals
28110
28300
28520
43211General electrical installation work
43240Other construction installation
43342Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.