CopyChallenge
ActiveSummary
The computed 12-month bankruptcy probability of CopyChallenge is 17.0% (high). The 2025 annual accounts show negative equity (-€69,429) and a net result of -€71,652. Its solvency ranks better than 10% of 16,816 sector peers (NACE 56, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Financials · financial year 2025, micro format
2024 to 2025, 2 financial years
The operating result turns negative in 2025: a loss of €71,620 after €408 in 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 56, Food and beverage service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital.
Peer companies
Historical observationOf the 7,639 companies that looked in July 2024 the way this one looks now, 8.8% went bankrupt within 24 months and 84.8% are still going.
- Micro
- 2 to 5 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 17.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,474 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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 7,639 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.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | - | €37,260 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €859 | - | - |
| Other operating charges640/8 | €574 | €7,870 | ▲ 14× |
| Gross operating margin9900 | €1,840 | -€26,490 | - |
| Operating profit (loss)9901 | €408 | -€71,620 | - |
| Financial charges65/66B | €116 | €32 | ▼ 72.6% |
| Recurring financial charges65 | €116 | €32 | ▼ 72.6% |
| Profit (loss) for the period before taxes9903 | €292 | -€71,652 | - |
| Income taxes67/77 | €58 | - | - |
| Profit (loss) for the period9904 | €233 | -€71,652 | - |
| Profit (loss) for the period to be appropriated9905 | €233 | -€71,652 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €2,519 | €65,723 | ▲ 26× |
| Current assets29/58 | €2,519 | €65,723 | ▲ 26× |
| Amounts receivable within one year40/41 | - | €64,802 | - |
| Trade receivables40 | - | €60,000 | - |
| Other amounts receivable41 | - | €4,802 | - |
| Cash at bank and in hand54/58 | €2,519 | €920 | ▼ 63.5% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €2,519 | €65,723 | ▲ 26× |
| Equity10/15 | €2,223 | -€69,429 | - |
| Contributions10/11 | €1,990 | €1,990 | = |
| Profit (loss) carried forward14 | €233 | -€71,419 | - |
| Amounts payable17/49 | €295 | €135,151 | ▲ 458× |
| Amounts payable within one year42/48 | €295 | €135,151 | ▲ 458× |
| Trade debts44 | - | €8,943 | - |
| Suppliers440/4 | - | €8,943 | - |
| Taxes, remuneration and social security45 | €295 | €122 | ▼ 58.8% |
| Taxes450/3 | €295 | €122 | ▼ 58.8% |
| Other amounts payable47/48 | - | €126,086 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €233 | -€71,652 | - |
| + Depreciation and write-downs630 | €859 | - | - |
| Operating cash flow (approximation) | €1,093 | -€71,652 | - |
| Change in cash | - | -€1,598 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 31-07-2026 | 2026-00375826 |
| 31-12-2024 | micro format | 31-08-2025 | 2025-00478109 |
Similar companies · same sector and region
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.