KOPACO
ActiveKOPACO has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €239k and a net result of €40k. Equity is growing by ~9.7% per year across the filed fiscal years. Its solvency ranks better than 33% of 9167 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▲+3
Solvency40▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity short (current ratio 0.22 against 0.13 in 2024; short-term debt: 27.7% and cash: 0.6% of total assets), and 85.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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 · 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
14.6%
Return on assets
2.5%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 16-12-2025, 46 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
46 d early
2024
43 d early
2023
42 d early
2022
4 d early
2021
10 d early
2020
4 d early
2019
7 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close20-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€239k=
2024 · €239k
2019: €152k
2020: €106k
2021: €160k
2022: €213k
2023: €239k
2024: €239k
2019 → 2025
Total assets
€1.64M▼ 1.3%
2024 · €1.66M
2019: €225k
2020: €1.50M
2021: €1.64M
2022: €1.66M
2023: €1.72M
2024: €1.66M
2019 → 2025
Net result
€40k▲ 14.5%
2024 · €35k
2019: €5k
2020: €-45k
2021: €53k
2022: €54k
2023: €26k
2024: €35k
2019 → 2025
Working capital
€-356k▼ 1.9%
2024 · €-349k
2019: €68k
2020: €-209k
2021: €-317k
2022: €-320k
2023: €-316k
2024: €-349k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€160k-€213k▲ 33.7%€239k▲ 12.1%€239k=€239k=
Operating result€80k-€74k▼ 6.7%€49k▼ 34.3%€71k▲ 45.5%€86k▲ 21.0%
Net result€53k-€54k▲ 0.8%€26k▼ 51.9%€35k▲ 36.1%€40k▲ 14.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 21% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.64M
Fixed assets
€1.54M▼ 4.2%
Current assets
€100k▲ 86.5%
Equity and liabilities €1.64M
Equity
€239k=
Provisions
€45k=
Debt
€1.36M▼ 1.5%
The debt ratio falls from 82.9% to 82.7%. Debt is lower.
Key figures and ratios
EBITDA
€152k▲
2024 · €137k
Cash flow
€107k▲
2024 · €101k
Solvency
14.6%▲
2024 · 14.4%
Current ratio
0.22▲
2024 · 0.13
Quick ratio
0.22▲
2024 · 0.13
Debt / equity
5.68▼
2024 · 5.77
ROE
16.8%▲
2024 · 14.7%
ROA
2.5%▲
2024 · 2.1%
Interest coverage
7.74▲
2024 · 5.74
Debt
€1.36M▼
2024 · €1.38M
Debt ≤ 1 year
€456k▲
2024 · €403k
Debt > 1 year
€902k▼
2024 · €977k
Income taxes
€26k▲
2024 · €12k
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€1.66M€1.64M▼
Fixed assets21/28€1.61M€1.54M▼
Tangible fixed assets22/27€1.61M€1.54M▼
Land and buildings22€1.61M€1.54M▼
Plant, machinery and equipment23€390-
Current assets29/58€53k€100k▲
Amounts receivable within one year40/41€43k€90k▲
Trade receivables40€43k€86k▲
Other amounts receivable41-€4k
Cash at bank and in hand54/58€7k€10k▲
Deferred charges and accrued income490/1€3k-
Equity and liabilities
Total equity and liabilities10/49€1.66M€1.64M▼
Equity10/15€239k€239k=
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€178k€178k=
Non-distributable reserves130/1€11k€11k=
Legal reserve130€11k€11k=
Distributable reserves133€167k€167k=
Provisions and deferred taxes16€45k€45k=
Provisions for liabilities and charges160/5€45k€45k=
Major repairs and maintenance162€45k€45k=
Amounts payable17/49€1.38M€1.36M▼
Amounts payable after more than one year17€977k€902k▼
Financial debts170/4€977k€902k▼
Amounts payable within one year42/48€403k€456k▲
Current portion of amounts payable after more than one year42€77k€93k▲
Trade debts44€23k€96k▲
Suppliers440/4€23k€96k▲
Taxes, remuneration and social security45€10k€851▼
Taxes450/3€10k€851▼
Other amounts payable47/48€293k€266k▼
Accrued charges and deferred income492/3-€2k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€66k€67k▲
Other operating charges640/8€36k€39k▲
Gross operating margin9900€172k€191k▲
Operating profit (loss)9901€71k€86k▲
Financial income75/76B€0€39▲
Recurring financial income75€0€39▲
Financial charges65/66B€24k€20k▼
Recurring financial charges65€24k€20k▼
Profit (loss) for the period before taxes9903€47k€66k▲
Income taxes67/77€12k€26k▲
Profit (loss) for the period9904€35k€40k▲
Profit (loss) for the period to be appropriated9905€35k€40k▲
Appropriation of the result
Profit (loss) to be appropriated9906€35k€40k▲
Profit to be distributed694/7€35k€40k▲
Return on contributions (dividend)694€35k€40k▲
The notes to these accounts (9 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
2025
16-12
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
19-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
20-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
27-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial
Highest result since 2019net €54k ▲0.8%
Net result €54k, the highest in the series.
30-06
Financial
Equity above €200kEq €213k ▲33.7%
2 profitable years in a row build equity to €213k.
21-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial
Back to profitnet €53k
Net result €53k after one loss-making year.
30-06
Financial
Equity above €150kEq €160k ▲50.1%
Equity rises from €106k to €160k.
27-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
Financial
Weakest financial yearnet €-45k ▼1054%
Net result drops to €-45k, the lowest in the series; recovery starts the following year.
24-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
19-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
11-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
22-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Ravels · 1 establishment unit since 1991
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.
Welvaartsstraat 92381 RavelsGround area
1.3 ha
Building footprint
1.2 ha
Volume, LiDAR
67,682 m³
2 parcels, Flanders · tallest building 16.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
KOPACO
since 19912.052.690.739
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13048D0761/00V006 | Flanders | 6,933 m² | 1 · 8,434 m² | 16.1 m · 2 fl. |
| 13048D0761/00M007 | Flanders | 6,418 m² | 1 · 3,260 m² | 10.4 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Y.G.R. PATRIMOINE
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VANRAES
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DSBC
BE 0802.479.911
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IMMO RUEDELYS
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EMMACON
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Of 12,023 companies in sector 68203 we hold annual accounts for 5,986. 4,321 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded12-04-1991
Fiscal year end30-06
Activities, NACEBEL
68203Renting and operating of own or leased non-residential real estate, excluding land
68110Buying and selling of own real estate
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.