Immo Copernicus
ActiveImmo Copernicus has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.64M and a net result of €-876k. Its solvency ranks better than 34% of 9088 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
10
/ 100
Critical▲ +5 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency10▼-1
Growth58
Stability94
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.27 against 0.33 in 2024), and 84.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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
15.6%
Return on assets
-2.4%
Age of the figures
8 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
2425
2024 to 2025 · latest year -€876k
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 18-05-2026, 74 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
74 d early
2024
76 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€5.64M▼ 13.4%
2024 · €6.51M
2024: €6.51M
2024 → 2025
Total assets
€36.16M▼ 5.2%
2024 · €38.13M
2024: €38.13M
2024 → 2025
Net result
€-876k▲ 11.2%
2024 · €-987k
2024: €-987k
2024 → 2025
Working capital
€-7.71M▼ 8.2%
2024 · €-7.13M
2024: €-7.13M
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€6.51M-€5.64M▼ 13.4%
Operating result€1.01M-€255k▼ 74.8%
Net result€-987k-€-876k▲ 11.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 75% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €36.16M
Fixed assets
€33.36M▼ 3.5%
Current assets
€2.80M▼ 21.5%
Equity and liabilities €36.16M
Equity
€5.64M▼ 13.4%
Debt
€30.52M▼ 3.5%
The debt ratio rises from 82.9% to 84.4%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€1.46M▼
2024 · €2.93M
Cash flow
€328k▼
2024 · €933k
Solvency
15.6%▼
2024 · 17.1%
Current ratio
0.27▼
2024 · 0.33
Quick ratio
0.27▼
2024 · 0.33
Debt / equity
5.41▲
2024 · 4.85
ROE
-15.5%▼
2024 · -15.1%
ROA
-2.4%▲
2024 · -2.6%
Interest coverage
1.29▼
2024 · 1.47
Debt
€30.52M▼
2024 · €31.61M
Debt ≤ 1 year
€10.51M▼
2024 · €10.69M
Debt > 1 year
€19.22M▼
2024 · €20.32M
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€38.13M€36.16M▼
Fixed assets21/28€34.56M€33.36M▼
Tangible fixed assets22/27€34.56M€33.36M▼
Land and buildings22€34.56M€33.36M▼
Current assets29/58€3.57M€2.80M▼
Amounts receivable within one year40/41€1.47M€913k▼
Trade receivables40€1.47M€913k▼
Cash at bank and in hand54/58€629k€674k▲
Deferred charges and accrued income490/1€1.46M€1.21M▼
Equity and liabilities
Total equity and liabilities10/49€38.13M€36.16M▼
Equity10/15€6.51M€5.64M▼
Contributions10/11€7.50M€7.50M=
Capital10€7.50M€7.50M=
Issued capital100€7.50M€7.50M=
Profit (loss) carried forward14€-987k€-1.86M▼
Amounts payable17/49€31.61M€30.52M▼
Amounts payable after more than one year17€20.32M€19.22M▼
Financial debts170/4€20.32M€19.22M▼
Amounts payable within one year42/48€10.69M€10.51M▼
Current portion of amounts payable after more than one year42€1.11M€1.11M=
Financial debts43€6.52M€7.82M▲
Credit institutions430/8€6.52M-
Other loans439-€7.82M
Trade debts44€1.05M€478k▼
Suppliers440/4€1.05M€478k▼
Advances received on contracts in progress46€186k€186k=
Other amounts payable47/48€1.83M€919k▼
Accrued charges and deferred income492/3€597k€791k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.92M€1.20M▼
Other operating charges640/8€1.24M€879k▼
Gross operating margin9900€4.17M€2.34M▼
Operating profit (loss)9901€1.01M€255k▼
Financial charges65/66B€2.00M€1.13M▼
Recurring financial charges65€2.00M€1.13M▼
Profit (loss) for the period before taxes9903€-987k€-876k▲
Profit (loss) for the period9904€-987k€-876k▲
Profit (loss) for the period to be appropriated9905€-987k€-876k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-987k€-1.86M▼
Profit (loss) brought forward from the previous period14P-€-987k
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
Next filing, fiscal year 2026, expected by
2026
18-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
16-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
NBB filing
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, Gent
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.
Foreestelaan 869000 GentGround area
7,465 m²
Building footprint
1,076 m²
Volume, LiDAR
5,447 m³
Parcel 44808H0746/00B000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44808H0746/00B000 | Flanders | 7,465 m² | 1 · 1,075 m² | 8.1 m · 2 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.
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Of 11,974 companies in sector 68203 we hold annual accounts for 5,946. 2,502 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded23-05-2023
Fiscal year end31-12
Activities, NACEBEL
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.