KOPERINO
KOPERINO has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-788k) and a net result of €-11k. Equity is shrinking by ~45.3% per year across the filed fiscal years. Its solvency ranks better than 5% of 4023 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
| Equity | €-788k |
| Net result | €-11k |
| Better than sector | 5% |
| Active | 35 yrs |
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -596.2% | 36.1% | |
| Net result | €-11k | €42k | |
| Equity | €-788k | €441k | |
| Gross operating margin | €-10k | €324k | |
| Total assets | €132k | €1.39M |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | full schema | full schema | full schema | full schema | full schema |
| Revenue | - | - | €252k | €595k | €3.47M |
| EBITDA | - | €-210k | €-311k | €-440k | €-846k |
| Net profit | €-11k | €-211k | €-314k | €-464k | €-873k |
| Cash flow | - | €-211k | €-314k | €-443k | €-840k |
| Staff costs | - | €6k | €95k | €187k | €684k |
| Income taxes | €172 | €174 | €164 | €256 | €494 |
| Dividends | - | - | - | - | - |
| Total assets | €132k | €135k | €689k | €734k | €879k |
| Equity | €-788k | €-777k | €-566k | €-252k | €212k |
| Debt | €918k | €910k | €1.25M | €984k | €664k |
| of which ≤ 1y | €917k | €908k | €1.25M | €983k | €659k |
| of which > 1y | - | - | - | - | - |
| Working capital | €-812k | €-800k | €-590k | €-303k | €144k |
| Employees (FTE) | - | - | 1.8 | 4.6 | 17.6 |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 0.11 | 0.12 | 0.53 | 0.69 | 1.22 |
| Quick ratio | 0.11 | 0.12 | 0.36 | 0.51 | 0.84 |
| Working capital ratio | -614.6% | -591.2% | -85.5% | -41.2% | 16.4% |
| Solvency | -596.2% | -574.0% | -82.1% | -34.3% | 24.2% |
| Debt / equity | -1.17 | -1.17 | -2.21 | -3.91 | 3.12 |
| Long-term debt ratio | - | - | - | - | - |
| Interest coverage | - | -160.84 | -89.90 | -102.43 | -139.58 |
| Gross margin | - | - | 57.1% | 54.0% | 11.2% |
| Net margin | - | - | -124.8% | -78.1% | -25.2% |
| ROA | -8.1% | -155.6% | -45.6% | -63.2% | -99.4% |
| ROE | 1.4% | 27.1% | 55.5% | 184.3% | -411.2% |
| EBITDA margin | - | - | -123.6% | -74.0% | -24.4% |
| Days sales outstanding | - | - | 1d | 257d | 0d |
| Days payable outstanding | - | - | 147d | 110d | 30d |
| Inventory turnover | - | - | 0.51 | 1.56 | 12.22 |
| Days inventory (DSI) | - | - | 721d | 234d | 30d |
Full annual accounts (25 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €132k | €135k | €689k | €734k | €879k |
| Fixed assets | 21/28 | €27k | €27k | €27k | €54k | €76k |
| Tangible fixed assets | 22/27 | €27k | €27k | €27k | €54k | €76k |
| Current assets | 29/58 | €105k | €108k | €662k | €680k | €803k |
| Stocks & contracts in progress | 3 | - | - | €214k | €175k | €252k |
| Amounts receivable within one year | 40/41 | €104k | €101k | €411k | €418k | €389k |
| Cash & bank | 54/58 | €949 | €7k | €22k | €25k | €86k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €132k | €135k | €689k | €734k | €879k |
| Equity | 10/15 | €-788k | €-777k | €-566k | €-252k | €212k |
| Contributions / capital | 10/11 | €3.45M | €3.45M | €3.45M | €3.45M | €3.45M |
| Reserves | 13 | €102k | €102k | €102k | €102k | €102k |
| Accumulated profits (losses) | 14 | €-4.34M | €-4.33M | €-4.12M | €-3.81M | €-3.34M |
| Provisions & deferred taxes | 16 | €2k | €2k | €2k | €2k | €3k |
| Amounts payable | 17/49 | €918k | €910k | €1.25M | €984k | €664k |
| Amounts payable within one year | 42/48 | €917k | €908k | €1.25M | €983k | €659k |
| Trade debts payable within one year | 44 | €41k | €43k | €43k | €82k | €250k |
| Income statement | ||||||
| Turnover | 70 | - | - | €252k | €595k | €3.47M |
| Gross operating margin | 9900 | €-10k | €-201k | - | - | - |
| Operating result | 9901 | €-11k | €-210k | €-312k | €-462k | €-880k |
| Financial income | 75 | €1k | €1k | €793 | €2k | €13k |
| Financial charges | 65 | €1k | €1k | €3k | €4k | €6k |
| Result before taxes | 9903 | €-11k | €-210k | €-314k | €-464k | €-873k |
| Income taxes | 67/77 | €172 | €174 | €164 | €256 | €494 |
| Net result for the period | 9904 | €-11k | €-211k | €-314k | €-464k | €-873k |
| Result to be appropriated | 9905 | €-11k | €-211k | €-314k | €-464k | €-873k |
Historic, not recently confirmed (3)
-
Cabinet DELVAUX Associés SC SCRLLegal entityAuditorState Gazette act 19091072 (09-07-2019)Not recently confirmedlast confirmed in an act from 2019
-
DELVAUX Associés SC SCRLLegal entityAuditorState Gazette act 17074822 (29-05-2017)Not recently confirmedlast confirmed in an act from 2017
-
Bernard BigonvilleAuditorState Gazette act 06187933 (18-12-2006)Not recently confirmedlast confirmed in an act from 2006
| NACE primary | Retail sale of footwear(47721) |
| Legal form | Public limited company(014) |
| Incorporation | 27-09-1990 |
| Status | Active |
| Postal code | 1000 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21810L1524/00F009 | Brussels | 774 m² | 1 · 540 m² | 16.8 m · 4 fl. |
We know of 16 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
18-11-2024 Registered office moved within Bruxelles
- Rue de la Poudrière 68-72; 1000 Bruxelles → Rue T'Kint 60 bte 8 1000 Bruxelles
Technical details
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"country": "BE",
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"effective_date": "2024-11-01",
"evidence_quote": "L\u0027assembl\u00E9e d\u00E9cide de transf\u00E9rer le si\u00E8ge de la soci\u00E9t\u00E9, \u00E0 la date du 1er novembre 2024, \u00E0 l\u0027adresse suivante: Rue T\u0027Kint 60 bte 8 1000 Bruxelles",
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"notary": {
"name": "Serge Solau",
"firm_city": null,
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"office_city": "Bruxelles",
"is_associated": false
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"act_meta": {
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"filing_date": "2024-11-06",
"act_kind_objet": "Objet de l\u0027acte: Si\u00E8ge"
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"decision": {
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"date": "2024-10-29",
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"co_filed_documents": [
"Extrait de l\u0027assembl\u00E9e g\u00E9n\u00E9rale extraordinaire du 29/10/2024",
"Acte notari\u00E9 de transfert de si\u00E8ge"
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}12-12-2023 Articles of association amended
Technical details
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}06-06-2023 Change in the board of directors
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}09-07-2019 Cabinet DELVAUX Associés SC SCRL appointed as auditor
- Cabinet DELVAUX Associés SC SCRL, Auditor
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}11-08-2017 Change in the board of directors
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}06-07-2017 Capital increase of €1,915,000 to €3,451,939.85
- €1.536.939,85 → €3.451.939,85
- Inbreng in geld · Apport en numéraire
Technical details
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}29-05-2017 DELVAUX Associés SC SCRL appointed as auditor
- DELVAUX Associés SC SCRL, Auditor
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}17-11-2011 Change in the board of directors
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}18-12-2006 Bernard Bigonville appointed as auditor
- Bernard Bigonville, Auditor
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}| Legal nameFR | KOPERINO |