Koppen
ActiveKoppen has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €305k and a net result of €35k. Equity is growing by ~11.6% per year across the filed fiscal years. Its solvency ranks better than 73% of 2162 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
84
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability55▼-1
Solvency87▲+7
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 5.5 against 7.44 in 2024; short-term debt: 14.6% and cash: 79.7% of total assets), and 38.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← 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
61.7%
Return on assets
7%
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 17-06-2026, 44 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
44 d early
2024
21 d early
2023
28 d early
2022
27 d early
2021
12 d late
2020
3 d early
2019
18 d late
← 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€11k
EBIT margin
435.9%
Net result
€35k▼ 6.5%
2024 · €37k
2018: €39k
2019: €32k
2020: €12k
2021: €13k
2022: €7k
2023: €35k
2024: €37k
2018 → 2025
Working capital
€324k▼ 5.2%
2024 · €342k
2018: €48k
2019: €496k
2020: €461k
2021: €428k
2022: €372k
2023: €356k
2024: €342k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€11k
Equity€191k-€197k▲ 3.5%€233k▲ 18.0%€270k▲ 16.0%€305k▲ 12.9%
Operating result€15k-€8k▼ 44.9%€47k▲ 475%€49k▲ 5.4%€51k▲ 3.9%
Net result€13k-€7k▼ 49.8%€35k▲ 437%€37k▲ 4.7%€35k▼ 6.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 4% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €494k
Fixed assets
€98k=
Current assets
€396k▲ 0.3%
Equity and liabilities €494k
Equity
€305k▲ 12.9%
Debt
€189k▼ 15.0%
The debt ratio falls from 45.2% to 38.3%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
61.7%▲
2024 · 54.8%
Current ratio
5.50▼
2024 · 7.44
Quick ratio
5.50▼
2024 · 7.44
Debt / equity
0.62▼
2024 · 0.83
ROE
11.4%▼
2024 · 13.8%
ROA
7.0%▼
2024 · 7.5%
Debt
€189k▼
2024 · €223k
Debt ≤ 1 year
€72k▲
2024 · €53k
Debt > 1 year
€117k▼
2024 · €170k
Income taxes
€12k▼
2024 · €13k
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€493k€494k▲
Fixed assets21/28€98k€98k=
Tangible fixed assets22/27€98k€98k=
Land and buildings22€98k€98k=
Current assets29/58€395k€396k▲
Amounts receivable within one year40/41€207k€326▼
Other amounts receivable41€207k€326▼
Current investments50/53€0-
Cash at bank and in hand54/58€186k€394k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€493k€494k▲
Equity10/15€270k€305k▲
Contributions10/11€76k€76k=
Reserves13€155k€200k▲
Non-distributable reserves130/1€15k€15k=
Reserves not available under the articles1311€15k€15k=
Distributable reserves133€140k€185k▲
Profit (loss) carried forward14€39k€28k▼
Amounts payable17/49€223k€189k▼
Amounts payable after more than one year17€170k€117k▼
Financial debts170/4€170k€117k▼
Amounts payable within one year42/48€53k€72k▲
Current portion of amounts payable after more than one year42€51k€52k▲
Trade debts44€21€88▲
Suppliers440/4€21€88▲
Taxes, remuneration and social security45€609€2k▲
Taxes450/3€609€2k▲
Other amounts payable47/48€1k€18k▲
Income statement
Code20242025
Other operating charges640/8€7k€7k▲
Gross operating margin9900€56k€58k▲
Operating profit (loss)9901€49k€51k▲
Financial income75/76B€7k€120▼
Recurring financial income75€7k€120▼
Financial charges65/66B€6k€5k▼
Recurring financial charges65€6k€5k▼
Profit (loss) for the period before taxes9903€50k€47k▼
Income taxes67/77€13k€12k▼
Profit (loss) for the period9904€37k€35k▼
Profit (loss) for the period to be appropriated9905€37k€35k▼
Appropriation of the result
Profit (loss) to be appropriated9906€39k€74k▲
Profit (loss) brought forward from the previous period14P€2k€39k▲
Transfer to equity691/2€0€45k▲
To other reserves6921€0€45k▲
The notes to these accounts (7 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
17-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €200kEq €233k ▲18%
6 profitable years in a row build equity to €233k.
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €7k ▼49.8%
Net result drops to €7k, the lowest in the series; recovery starts the following year.
12-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 12 days late
2021
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
18-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 18 days late
2019
31-12
Financial
Liquidity triplescurrent ratio 5.00
Current ratio from 1.50 to 5.00.
31-12
Financial
Equity above €150kEq €165k ▲23.8%
2 profitable years in a row build equity to €165k.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 28 days late
2018
17-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 17 days late
2017
25-07
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
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Schoten · 1 establishment unit since 1956
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.
Industriepark Brechtsebaan 222900 SchotenGround area
1.6 ha
Building footprint
788 m²
Volume, LiDAR
4,803 m³
2 parcels, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Brechtsebaan 22, 2900 Schoten
since 19562.006.098.867
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11040A0030/00C005indicative | Flanders | 1.4 ha | 1 · 26 m² | 7.6 m · 1 fl. |
| 11040D0222/00C000 | Flanders | 2,246 m² | 1 · 762 m² | 6.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Etablissement DERMAUX
BE 0682.887.522
Verlaine · Eq €305k
VDV BOUWWERKEN
BE 0867.817.131
Evergem · Eq €306k
RW Construct
BE 0832.804.089
Mol · Eq €302k
Jeroen Van Alboom
BE 0821.477.756
Wetteren · Eq €302k
De Caluwé Stijn bouw
BE 0829.435.221
Kruisem · Eq €301k
Of 2,451 companies in sector 41003 we hold annual accounts for 1,055. 678 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded01-01-1968
Fiscal year end31-12
Activities, NACEBEL
41003General construction of other non-residential buildings
45213
Sources
Crossroads Bank for EnterprisesNational Bank · 49 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.