COPTIC
ActiveSummary
The computed 12-month bankruptcy probability of COPTIC is 1.7% (moderate). The 2025 annual accounts show negative equity (-€59,131) and a net result of -€6,512. Equity has been shrinking by about 12% per year since 2018. Its solvency ranks better than 14% of 22,793 sector peers (NACE 47, financial year 2025). The company has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 21-04-2016 Normal situation
- Activity
- Retail sale of prescription glasses, lenses and sunglasses NACE 47742
- Establishment unit
- 2.253.935.253 7740 Pecq, since 02-05-2016
- Financial year end
- 31 December
- Peppol
- Reachable since 23-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.7%
- Gross margin
- €16,594
- ▼ 1.3%
- Turnover
- ≈ €170,000
- estimated
- Loss
- €6,512
- ▼ 10.2%
- Equity
- -€59,131
- ▼ 12.4%
- Total assets
- €173,714
- ▼ 6.5%
- Negative equity on 31-12-2025
Score breakdownraises riskNegative equity -€59,131Liquidity: current ratio 0.15lowers riskSize: total assets €173,714Founded in 2016Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 6% of them on solvency, 14% on liquidity, 27% on profitability and 24% on growth.
The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 4 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 29-07-2026 at the NBB all 10 filings
Every figure per financial year
The operating result for 2025 is a loss of €15, after a profit of €322 in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Mortgages, amount registered | €55,000 | €55,000 | €55,000 | €55,000 | €55,000 |
| Carrying value of the mortgaged assets | €153,588 | €147,681 | €145,226 | €138,173 | €131,119 |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €3,131 | €666 | €42,015 | - | €3,160 |
| Depreciation and write-downs of the year | €11,684 | €9,328 | €10,875 | €14,980 | €15,045 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,153 | €10,153 | €12,221 | €11,684 | €9,328 | €10,875 | €14,980 | €15,045 | ▲ 0.4% |
| Other operating charges640/8 | - | - | - | €1,295 | €1,240 | €1,365 | €1,512 | €1,564 | ▲ 3.4% |
| Gross operating margin9900 | €16,160 | €11,700 | €33,101 | €19,821 | €12,536 | €3,297 | €16,814 | €16,594 | ▼ 1.3% |
| Operating profit (loss)9901 | €5,289 | €115 | €19,125 | €6,842 | €1,968 | -€8,943 | €322 | -€15 | - |
| Financial income75/76B | - | - | - | €303 | €15 | €34 | €23 | - | - |
| Recurring financial income75 | - | €93 | €54 | €303 | €15 | €34 | €23 | - | - |
| Financial charges65/66B | - | - | - | €5,734 | €6,218 | €6,480 | €7,319 | €6,215 | ▼ 15.1% |
| Recurring financial charges65 | €5,906 | €7,036 | €6,834 | €5,734 | €6,218 | €6,480 | €7,319 | €6,215 | ▼ 15.1% |
| Profit (loss) for the period before taxes9903 | -€617 | -€6,828 | €12,345 | €1,411 | -€4,235 | -€15,389 | -€6,974 | -€6,230 | ▲ 10.7% |
| Income taxes67/77 | €149 | €117 | €680 | €2 | €376 | €323 | €279 | €282 | ▲ 1.1% |
| Profit (loss) for the period9904 | -€766 | -€6,945 | €11,665 | €1,409 | -€4,611 | -€15,712 | -€7,253 | -€6,512 | ▲ 10.2% |
| Profit (loss) for the period to be appropriated9905 | -€766 | -€6,945 | €11,665 | €1,409 | -€4,611 | -€15,712 | -€7,253 | -€6,512 | ▲ 10.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €202,678 | €188,397 | €192,744 | €189,488 | €179,361 | €206,600 | €185,887 | €173,714 | ▼ 6.5% |
| Formation expenses20 | €310 | €155 | - | - | - | - | - | - | - |
| Fixed assets21/28 | €175,044 | €165,046 | €168,759 | €160,206 | €151,544 | €179,972 | €164,992 | €153,107 | ▼ 7.2% |
| Tangible fixed assets22/27 | €175,044 | €165,046 | €168,759 | €160,206 | €151,544 | €179,972 | €164,992 | €153,107 | ▼ 7.2% |
| Land and buildings22 | - | - | - | €153,588 | €147,681 | €145,226 | €138,173 | €131,119 | ▼ 5.1% |
| Furniture and vehicles24 | - | - | - | €6,618 | €3,863 | €34,746 | €26,819 | €19,595 | ▼ 26.9% |
| Other tangible fixed assets26 | - | - | - | - | - | - | - | €2,393 | - |
| Current assets29/58 | €27,324 | €23,196 | €23,985 | €29,282 | €27,817 | €26,628 | €20,895 | €20,607 | ▼ 1.4% |
| Stocks and contracts in progress3 | €24,011 | €22,153 | €22,980 | €28,407 | €26,086 | €21,009 | €19,593 | €20,053 | ▲ 2.3% |
| Stocks30/36 | - | - | - | €28,407 | €26,086 | €21,009 | €19,593 | €20,053 | ▲ 2.3% |
| Amounts receivable within one year40/41 | €3,138 | €866 | €751 | €651 | €1,304 | €5,218 | €982 | €225 | ▼ 77.1% |
| Trade receivables40 | - | - | - | €651 | €1,304 | €5,218 | €982 | €225 | ▼ 77.1% |
| Deferred charges and accrued income490/1 | - | - | - | €224 | €427 | €401 | €320 | €329 | ▲ 2.8% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €202,678 | €188,397 | €192,744 | €189,488 | €179,361 | €206,600 | €185,887 | €173,714 | ▼ 6.5% |
| Equity10/15 | -€31,172 | -€38,117 | -€26,452 | -€25,043 | -€29,654 | -€45,366 | -€52,619 | -€59,131 | ▼ 12.4% |
| Contributions10/11 | €12,400 | €12,400 | - | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Profit (loss) carried forward14 | -€43,572 | -€50,517 | -€38,852 | -€37,443 | -€42,054 | -€57,766 | -€65,019 | -€71,531 | ▼ 10.0% |
| Amounts payable17/49 | €233,850 | €226,514 | €219,196 | €214,531 | €209,015 | €251,966 | €238,506 | €232,845 | ▼ 2.4% |
| Amounts payable after more than one year17 | €145,403 | €138,500 | €134,981 | €127,807 | €120,446 | €112,893 | €105,144 | €97,194 | ▼ 7.6% |
| Financial debts170/4 | - | - | - | €127,807 | €120,446 | €112,893 | €105,144 | €97,194 | ▼ 7.6% |
| Amounts payable within one year42/48 | €88,447 | €88,014 | €84,215 | €86,724 | €88,569 | €139,073 | €133,362 | €135,651 | ▲ 1.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | €7,675 | €7,875 | €7,636 | €8,290 | €8,505 | ▲ 2.6% |
| Trade debts44 | €6,041 | €5,083 | €4,786 | €4,320 | €4,363 | €8,114 | €7,394 | €6,757 | ▼ 8.6% |
| Suppliers440/4 | - | - | - | €4,320 | €4,363 | €8,114 | €7,394 | €6,757 | ▼ 8.6% |
| Taxes, remuneration and social security45 | - | - | - | €4,400 | €3,309 | €3,197 | €4,361 | €3,848 | ▼ 11.8% |
| Taxes450/3 | - | - | - | €4,400 | €3,309 | €3,197 | €4,361 | €3,848 | ▼ 11.8% |
| Other amounts payable47/48 | - | - | - | €70,329 | €73,022 | €120,126 | €113,317 | €116,541 | ▲ 2.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€766 | -€6,945 | €11,665 | €1,409 | -€4,611 | -€15,712 | -€7,253 | -€6,512 | ▲ 10.2% |
| + Depreciation and write-downs630 | €10,153 | €10,153 | €12,221 | €11,684 | €9,328 | €10,875 | €14,980 | €15,045 | ▲ 0.4% |
| Operating cash flow (approximation) | €9,387 | €3,208 | €23,886 | €13,093 | €4,717 | -€4,837 | €7,727 | €8,533 | ▲ 10.4% |
| Investment in fixed assets (approximation) | - | -€155 | -€15,934 | -€3,131 | -€666 | -€39,303 | €0 | -€3,160 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 2,333 companies had the same profile as COPTIC has now. Two years later, 90.5% were still going and 2.8% had gone bankrupt.
- Micro
- 10 to 20 years old
- negative equity
- a small loss
Another 0.8% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of COPTIC itself: 1.7% within 12 months.
Test of the method
The method was tested on the 497,446 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.
| 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 2,333 companies, not a prediction for COPTIC. 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.
Filings with the National Bank (10)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 29-07-2026 | 2026-00360375 | |
| 31-12-2024 | micro format | 14-07-2025 | 2025-00273475 | |
| 31-12-2023 | micro format | 06-08-2024 | 2024-00329697 | |
| 31-12-2022 | micro format | 09-08-2023 | 2023-00329138 | |
| 31-12-2021 | micro format | 12-07-2022 | 2022-20187977 | |
| 31-12-2020 | micro format | 07-07-2021 | 2021-33700124 | |
| 31-12-2019 | micro format | 20-08-2020 | 2020-42700390 | |
| 31-12-2018 | micro format | 30-08-2019 | 2019-57700112 | |
| 31-12-2017 | micro format | 13-08-2018 | 2018-45700003 | |
| 31-12-2016 | micro format | 28-06-2017 | 2017-25800055 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 05-01-2024 Converted to unavailable equity · €12,400
Mandate history
- Board
- began earlier
- end not dated
| Name | Functions and periods |
|---|---|
| COPPENS Steve |
|
| Dennetière Hélène |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Fixe ou proportionnelle, assemblée générale”
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Mentionné dans notification initiale ou,si contestation,fixé par expert choisi de commun accord ou,à défaut,par président du tribunal de…”
Articles of association, deed of 05-01-2024 (in French)
Network & group
COPTIC shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of COPTIC. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
05-01
Gazette deed
Registered office moved from Tournai to PecqNew seat: 7740 Pecq, Rue de Tournai, 5 · Previous seat: 7534 Tournai (Maulde), Rue Altière, 6 · Change of role: COPPENS Steve, from manager to director15 points ▸
- General meeting, 27-12-2023
- Incorporation, 20-04-2016
- Other provision, “statuts non modifiés depuis constitution” (deed in French)
- Other provision, “validité de l'assemblée générale” (deed in French)
- Amendment of the articles, mentioned 2 times in the deed
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Reserve release, “supprimer, rendre ces fonds disponibles pour distribution” (deed in French)
- Capital
- Director resignation, COPPENS Steve (manager), mentioned 2 times in the deed
- Director appointment, COPPENS Steve (director (not named in the articles))
- Director discharge, COPPENS Steve
- Registered-office move, 7740 Pecq,Rue de Tournai,5
- The act holds 3 more points.
05-10
Gazette deed
Appointment: Dennetière Hélène (director)2 points ▸
- General meeting, 20-08-2021
- Director appointment, Dennetière Hélène (director)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
1 former office
- 7534 Tournai (Maulde) until the act of 05-01-2024
Activities
NACEBEL 2025Codes under NACEBEL 2008
8 activities
- L'achat,la vente,l'importation,l'exportation,en gros ou au détail de tous articles d'optique,d'acoustique,lentilles,produits photographiques et informatiques.
- Elle pourra en outre commercialiser toutes marchandises alimentaires ou non ou tous services liés directement ou indirectement à son objet,et notamment tous les articles de maroquinerie,produits d'entretien,consommables photos.
- La société pourra faire toutes opérations industrielles,commerciales et financières,y compris le financement,toutes opérations mobilières et immobilières qui sont de nature à réaliser,développer ou faciliter son objet.
- Elle pourra s'intéresser directement ou indirectement,dans toutes affaires,entreprises ou sociétés,ayant un objet similaire ou connexe au sien.
- La société peut réaliser son objet en Belgique et à l'étranger,de toutes manières et suivant les modalités qui lui paraîtront les mieux appropriées.
- La société peut être administrateur,gérant ou liquidateur.
- Elle dispose,d'une manière générale,d'une pleine capacité juridique pour accomplir tous les actes et opérations ayant un rapport direct ou indirect avec son objet social ou qui seraient de nature à faciliter directement ou indirectement,entièrement ou partiellement,la réalisation de cet objet.
- Elle peut s'intéresser par voie d'association,d'apport,de fusion,d'intervention financière ou autrement dans toutes sociétés,associations ou entreprises dont l'objet est identique,analogue ou connexe au sien ou susceptible de favoriser le développement de son entreprise ou de constituer pour elle une source de débouchés.
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 57062B0289/00D000 | Wallonia | 237 m² | 1 · 78 m² | 11.6 m · 3 |