FILCOPEL
ActiveSummary
FILCOPEL has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €401,600 and a net result of €1,129. Equity is growing by ~6.9% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.6% (low).
Overview
What they do
Activity not known1 site
How big
€1.8mtotal assets 2025
- Equity
- €401,600
- Profit
- €1,129
Turnover not published (abridged schema)
Who decides
Accounts 60 d early0 of 4 deeds read
Why 55- No NACE activity registered+ Long track record+ Annual accounts: healthy financial profileLatest accounts filed on timeShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability31▲+1
Solvency48▼-2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22,000 at 30 days acceptable
Liquidity ample (current ratio 8.77 against 1.22 in 2024; short-term debt: 1.8% and cash: 0.9% of total assets), but 77.1% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
22.9%
Return on assets
0.1%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-06-2026, 60 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
60 d early
2024
59 d early
2023
57 d early
2022
59 d early
2021
54 d early
2020
61 d early
2019
59 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 58 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 2 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · abbreviated…
- Liquidity times 7current ratio 8.77
- Annual accounts filedfiscal year 2024 · abbreviated…
Financials
Fiscal year 2025Total assets €1.8mProfit €1,129Solvency 22.9%Liquidity 8.77
Total assets
€1.8m▲ 9.2%
2018 - 2025
Net result
€1,129▲ 203%
2018 - 2025
Equity
€401,600▲ 0.3%
2018 - 2025
Solvency
22.9%▼ 2.0pp
2018 - 2025
Financials · fiscal year 2025, abbreviated schema
Trend over the years
Trend over the years
In euros
In euros
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€0.06m▼ 29.2%€0.05m▼ 17.3%€0.01m▼ 73.3%€0.05m▲ 247%€0.04m▼ 5.7%
Net result€0.04m▼ 26.6%€0.04m▼ 12.3%€0.001m▼ 96.5%€372▼ 73.0%€0.001m▲ 203%
Equity€0.4m▲ 14.1%€0.4m▲ 10.8%€0.4m▲ 0.3%€0.4m▲ 0.1%€0.4m▲ 0.3%
Total assets€0.4m▲ 0.2%€0.4m▲ 14.5%€1.0m▲ 140%€1.6m▲ 60.1%€1.8m▲ 9.2%
Debt€0.006m▼ 88.4%€0.02m▲ 243%€0.6m▲ 2,951%€1.2m▲ 99.9%€1.4m▲ 12.2%
Working capital€0.2m▲ 23.7%€0.3m▲ 16.2%€0.2m▼ 13.6%€0.05m▼ 78.7%€0.2m▲ 403%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 6% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.8m
Fixed assets
€1.5m ▲ 11.0%
Current assets
€281,988 ▲ 0.9%
Equity and liabilities €1.8m
Equity
€401,600 ▲ 0.3%
Debt
€1.4m ▲ 12.2%
Debt's share of the balance-sheet total rises from 75.1% to 77.1%. Equity and debt are higher.
Key figures and ratios
Key figures and ratios
EBITDA
€77,958▲
2024 · €73,994
Cash flow
€36,098▲
2024 · €28,798
Current ratio
8.77▲
2024 · 1.22
Debt to equity
3.37▲
2024 · 3.01
ROE
0.3%▲
2024 · 0.1%
ROA
0.1%▲
2024 · 0.0%
Interest coverage
1.50▲
2024 · 1.35
Debt ≤ 1 year
€32,138▼
2024 · €229,696
Debt > 1 year
€1.3m▲
2024 · €976,880
Income taxes
€569▼
2024 · €1,188
Staff costs
€694
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 4,681 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 97% are still going.
- Small
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
1.1%
went bankrupt
1.9%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 0.6% 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 497,341 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% | 1.0% |
| 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% 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 4,681 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.
Filed annual accounts
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | - | €694 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €38,203 | €28,426 | €34,968 | ▲ 23.0% |
| Other operating charges640/8 | €8,589 | €8,781 | €16,129 | €15,080 | €17,069 | ▲ 13.2% |
| Gross operating margin9900 | €68,074 | €57,953 | €67,462 | €89,074 | €95,721 | ▲ 7.5% |
| Operating profit (loss)9901 | €59,485 | €49,171 | €13,130 | €45,569 | €42,990 | ▼ 5.7% |
| Financial income75/76B | €8,129 | €9,934 | €10,509 | €10,710 | €10,555 | ▼ 1.4% |
| Recurring financial income75 | €8,129 | €9,934 | €10,509 | €10,710 | €10,555 | ▼ 1.4% |
| Financial charges65/66B | €73 | €74 | €20,147 | €54,719 | €51,847 | ▼ 5.2% |
| Recurring financial charges65 | €73 | €74 | €20,147 | €54,719 | €51,847 | ▼ 5.2% |
| Profit (loss) for the period before taxes9903 | €67,541 | €59,031 | €3,493 | €1,561 | €1,698 | ▲ 8.8% |
| Income taxes67/77 | €23,123 | €20,063 | €2,114 | €1,188 | €569 | ▼ 52.1% |
| Profit (loss) for the period9904 | €44,418 | €38,969 | €1,378 | €372 | €1,129 | ▲ 203% |
| Profit (loss) for the period to be appropriated9905 | €44,418 | €38,969 | €1,378 | €372 | €1,129 | ▲ 203% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €0.4m | €0.4m | €1.0m | €1.6m | €1.8m | ▲ 9.2% |
| Fixed assets21/28 | €0.1m | €0.1m | €0.7m | €1.3m | €1.5m | ▲ 11.0% |
| Tangible fixed assets22/27 | €0.1m | €0.1m | €0.7m | €1.3m | €1.5m | ▲ 11.0% |
| Land and buildings22 | €0.1m | €0.1m | €0.6m | €1.3m | €1.5m | ▲ 10.9% |
| Plant, machinery and equipment23 | - | - | €0.01m | €0.01m | €0.01m | ▼ 18.7% |
| Furniture and vehicles24 | - | - | €0.001m | €0.001m | €0.005m | ▲ 767% |
| Financial fixed assets28 | - | - | - | €140 | - | - |
| Current assets29/58 | €0.2m | €0.3m | €0.3m | €0.3m | €0.3m | ▲ 0.9% |
| Amounts receivable after more than one year29 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Other amounts receivable291 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Amounts receivable within one year40/41 | €0.02m | €0.02m | €0.06m | €0.02m | €0.02m | ▼ 4.9% |
| Trade receivables40 | €0.003m | €0.003m | €0.05m | - | - | - |
| Other amounts receivable41 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | ▼ 4.9% |
| Cash at bank and in hand54/58 | €0.04m | €0.03m | €0.04m | €0.007m | €0.01m | ▲ 111% |
| Deferred charges and accrued income490/1 | €0.001m | - | €0.003m | €0.01m | €0.007m | ▼ 37.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €0.4m | €0.4m | €1.0m | €1.6m | €1.8m | ▲ 9.2% |
| Equity10/15 | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | ▲ 0.3% |
| Contributions10/11 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.3m | €0.4m | €0.4m | €0.4m | €0.4m | ▲ 0.3% |
| Non-distributable reserves130/1 | €0.002m | €0.002m | - | - | - | - |
| Reserves not available under the articles1311 | €0.002m | €0.002m | - | - | - | - |
| Tax-exempt reserves132 | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Distributable reserves133 | €0.3m | €0.4m | €0.4m | €0.4m | €0.4m | ▲ 0.3% |
| Amounts payable17/49 | €0.006m | €0.02m | €0.6m | €1.2m | €1.4m | ▲ 12.2% |
| Amounts payable after more than one year17 | - | - | €0.5m | €1.0m | €1.3m | ▲ 35.1% |
| Financial debts170/4 | - | - | €0.5m | €1.0m | €1.3m | ▲ 35.1% |
| Amounts payable within one year42/48 | €0.004m | €0.02m | €0.1m | €0.2m | €0.03m | ▼ 86.0% |
| Current portion of amounts payable after more than one year42 | - | - | €0.008m | €0.01m | €0.02m | ▲ 93.5% |
| Financial debts43 | - | - | €0.09m | €0.2m | - | - |
| Credit institutions430/8 | - | - | €0.09m | €0.2m | - | - |
| Trade debts44 | €122 | €0.002m | €0.009m | €0.02m | €0.01m | ▼ 54.9% |
| Suppliers440/4 | €122 | €0.002m | €0.009m | €0.02m | €0.01m | ▼ 54.9% |
| Taxes, remuneration and social security45 | €0.004m | €0.009m | €0.006m | €0.004m | €0.003m | ▼ 31.7% |
| Taxes450/3 | €0.004m | €0.009m | €0.006m | €0.002m | €0.002m | ▼ 11.3% |
| Remuneration and social security454/9 | - | - | - | €0.002m | €0.001m | ▼ 52.1% |
| Other amounts payable47/48 | €150 | €0.008m | €39 | - | €0.001m | - |
| Accrued charges and deferred income492/3 | €0.001m | - | - | - | €0.002m | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €44,418 | €38,969 | €1,378 | €372 | €1,129 | ▲ 203% |
| + Depreciation and write-downs630 | - | - | €38,203 | €28,426 | €34,968 | ▲ 23.0% |
| Operating cash flow (approximation) | €44,418 | €38,969 | €39,581 | €28,798 | €36,098 | ▲ 25.3% |
| Investment in fixed assets (approximation) | - | €0 | -€564,839 | -€700,032 | -€180,425 | ▲ 74.2% |
| Change in cash | - | -€14,980 | €13,100 | -€34,789 | €7,872 | ▲ 123% |
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
14 eventsLatest 01-06-2026Next filing 31-07-2027
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
01-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Liquidity times 7current ratio 8.77
Current ratio from 1.22 to 8.77; short-term debt falls from €229,696 to €32,138.
02-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €372 ▼73%
Net result drops to €372, the lowest in the series; recovery starts the following year.
04-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
02-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
07-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity times 11current ratio 53.73
Current ratio from 4.88 to 53.73; short-term debt falls from €48,219 to €4,394.
31-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
02-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Highest result since 2018net €69,825 ▲5.3%
Operating result €104,601, net result €69,825, both a record.
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
11-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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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Support & recognitions
1 funding source
Flemish government
1 file
2023
Subsidies and aid
Flemish government
2023 · 1 entry · €878 paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | €0 | €878 |
Company details
Private limited company · founded 28-12-1983Year ends 31-12Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company
Founded28-12-1983
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0425102203
Also
9925:BE0425102203
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 1983
Ground area
1,041 m²
Building footprint
263 m²
Volume, LiDAR
1,627 m³
Parcel 11007B0014/00F002, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
Herentalsebaan 271, 2150 Antwerpen
since 1983unit no. 2.258.137.135
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11007B0014/00F002 | Flanders | 1,041 m² | 1 · 263 m² | 8.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidies How does this company compare with its sector?Sector benchmark
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