Skip to content

COPSY

Active
Private limited companyfounded 2024active for 1 yearAvenue de Péville 162, 4030 Liège, BelgiumKBO/BCE: BE 1017.367.573
Summary

COPSY has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €68,312 and a net result of €63,312. The computed 12-month bankruptcy probability is 0.3% (very low).

Financials · financial year 2025, micro format

Equity
€68,312
Total assets
€283,685
Net result
€63,312
Working capital
-€81,688

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €283,685
Fixed assets €150,000
Current assets €133,685
Equity and liabilities €283,685
Equity €68,312
Debt €215,374
Debt finances 75.9% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€140,522
Cash flow
€113,312
Current ratio
0.62
Debt to equity
3.15
ROE
92.7%
ROA
22.3%
Interest coverage
62.31
Debt ≤ 1 year
€215,374
Income taxes
€24,955

Peer companies

Historical observation

Of the 2,390 companies that looked in July 2024 the way this one looks now, 1.2% went bankrupt within 24 months and 96.7% are still going.

  • Micro
  • under 2 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.2% went bankrupt
2.0% stopped otherwise
96.7% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,390 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 35 lines
Balance sheet Code2025
Assets
Total assets20/58€283,685
Formation expenses20€0
Fixed assets21/28€150,000
Intangible fixed assets21€150,000
Current assets29/58€133,685
Cash at bank and in hand54/58€82,524
Deferred charges and accrued income490/1€51,161
Equity and liabilities
Total equity and liabilities10/49€283,685
Equity10/15€68,312
Contributions10/11€5,000
Reserves13€63,000
Distributable reserves133€63,000
Profit (loss) carried forward14€312
Amounts payable17/49€215,374
Amounts payable within one year42/48€215,374
Trade debts44€1,128
Suppliers440/4€1,128
Taxes, remuneration and social security45€27,780
Taxes450/3€27,780
Other amounts payable47/48€186,465
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€50,000
Other operating charges640/8€1,023
Gross operating margin9900€141,545
Operating profit (loss)9901€90,522
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€2,255
Recurring financial charges65€2,255
Profit (loss) for the period before taxes9903€88,267
Income taxes67/77€24,955
Profit (loss) for the period9904€63,312
Profit (loss) for the period to be appropriated9905€63,312
Appropriation of the result
Profit (loss) to be appropriated9906€63,312
Transfer to equity691/2€63,000
To other reserves6921€63,000

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€50,000
Other operating charges640/8€1,023
Gross operating margin9900€141,545
Operating profit (loss)9901€90,522
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€2,255
Recurring financial charges65€2,255
Profit (loss) for the period before taxes9903€88,267
Income taxes67/77€24,955
Profit (loss) for the period9904€63,312
Profit (loss) for the period to be appropriated9905€63,312
Line2025
Assets
Total assets20/58€283,685
Formation expenses20€0
Fixed assets21/28€150,000
Intangible fixed assets21€150,000
Current assets29/58€133,685
Cash at bank and in hand54/58€82,524
Deferred charges and accrued income490/1€51,161
Equity and liabilities
Total equity and liabilities10/49€283,685
Equity10/15€68,312
Contributions10/11€5,000
Reserves13€63,000
Distributable reserves133€63,000
Profit (loss) carried forward14€312
Amounts payable17/49€215,374
Amounts payable within one year42/48€215,374
Trade debts44€1,128
Suppliers440/4€1,128
Taxes, remuneration and social security45€27,780
Taxes450/3€27,780
Other amounts payable47/48€186,465
Line2025
Profit (loss) for the period9904€63,312
+ Depreciation and write-downs630€50,000
Operating cash flow (approximation)€113,312

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 21-06-2026 2026-00186683

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.