Kopuur
ActiveKopuur has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.07M and a net result of €254k. Equity is growing by ~16.8% per year across the filed fiscal years. Its solvency ranks better than 54% of 239 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability81▼-1
Solvency66▲+6
Growth52=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days acceptable
Liquidity tight (current ratio 1.34 against 1.05 in 2023; short-term debt: 52.4% and cash: 10.6% of total assets), and 59.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 38
Relative position
BE, all sectors
reference
Sector 38
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 2024Solvency, return and age of the figures
Solvency
40.9%
Return on assets
9.7%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-07-2025, 1 day ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
1 d early
2023
on the day
2022
12 d early
2021
31 d late
2020
27 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€1.07M▲ 31.2%
2023 · €814k
2020: €307k
2021: €1.29M
2022: €1.64M
2023: €814k
2020 → 2024
Total assets
€2.61M▲ 11.6%
2023 · €2.34M
2020: €1.61M
2021: €2.38M
2022: €2.96M
2023: €2.34M
2020 → 2024
Net result
€254k▲ 1.4%
2023 · €250k
2020: €255k
2021: €982k
2022: €350k
2023: €250k
2020 → 2024
Working capital
€465k▲ 675%
2023 · €60k
2020: €192k
2021: €1.12M
2022: €1.10M
2023: €60k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€307k-€1.29M▲ 320%€1.64M▲ 27.1%€814k▼ 50.3%€1.07M▲ 31.2%
Operating result€329k-€1.31M▲ 298%€488k▼ 62.7%€380k▼ 22.3%€412k▲ 8.6%
Net result€255k-€982k▲ 284%€350k▼ 64.4%€250k▼ 28.5%€254k▲ 1.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 9% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.61M
Fixed assets
€778k▼ 26.4%
Current assets
€1.83M▲ 42.9%
Equity and liabilities €2.61M
Equity
€1.07M▲ 31.2%
Debt
€1.54M▲ 1.1%
The debt ratio falls from 65.2% to 59.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€705k▲
2023 · €630k
Cash flow
€546k▲
2023 · €501k
Solvency
40.9%▲
2023 · 34.8%
Current ratio
1.34▲
2023 · 1.05
Quick ratio
0.43▲
2023 · 0.09
Debt / equity
1.45▼
2023 · 1.88
ROE
23.8%▼
2023 · 30.7%
ROA
9.7%▼
2023 · 10.7%
Interest coverage
13.41▼
2023 · 22.91
Debt
€1.54M▲
2023 · €1.53M
Debt ≤ 1 year
€1.37M▲
2023 · €1.22M
Debt > 1 year
€176k▼
2023 · €304k
Income taxes
€115k▲
2023 · €102k
Staff costs
€350k▼
2023 · €362k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€2.34M€2.61M▲
Fixed assets21/28€1.06M€778k▼
Tangible fixed assets22/27€1.06M€777k▼
Plant, machinery and equipment23€337k€242k▼
Furniture and vehicles24€600k€485k▼
Leasing and similar rights25€120k€51k▼
Financial fixed assets28€540€540=
Current assets29/58€1.28M€1.83M▲
Stocks and contracts in progress3€1.17M€1.24M▲
Stocks30/36€1.17M€1.24M▲
Amounts receivable within one year40/41€68k€302k▲
Trade receivables40€17k€236k▲
Other amounts receivable41€51k€66k▲
Cash at bank and in hand54/58€24k€276k▲
Deferred charges and accrued income490/1€17k€16k▼
Equity and liabilities
Total equity and liabilities10/49€2.34M€2.61M▲
Equity10/15€814k€1.07M▲
Contributions10/11€29k€29k=
Reserves13€612k€865k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€3k€3k=
Distributable reserves133€607k€861k▲
Profit (loss) carried forward14€173k€173k=
Amounts payable17/49€1.53M€1.54M▲
Amounts payable after more than one year17€304k€176k▼
Financial debts170/4€304k€176k▼
Amounts payable within one year42/48€1.22M€1.37M▲
Current portion of amounts payable after more than one year42€187k€131k▼
Trade debts44€443k€407k▼
Suppliers440/4€443k€407k▼
Taxes, remuneration and social security45€65k€82k▲
Taxes450/3€39k€47k▲
Remuneration and social security454/9€25k€34k▲
Other amounts payable47/48€527k€748k▲
Income statement
Code20232024
Remuneration, social security and pensions62€362k€350k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€251k€293k▲
Other operating charges640/8€4k€2k▼
Non-recurring operating charges66A€0-
Gross operating margin9900€997k€1.06M▲
Operating profit (loss)9901€380k€412k▲
Financial income75/76B€59€9k▲
Recurring financial income75€59€9k▲
Financial charges65/66B€28k€53k▲
Recurring financial charges65€28k€53k▲
Profit (loss) for the period before taxes9903€352k€369k▲
Income taxes67/77€102k€115k▲
Profit (loss) for the period9904€250k€254k▲
Profit (loss) for the period to be appropriated9905€250k€254k▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.50M€427k▼
Profit (loss) brought forward from the previous period14P€1.25M€173k▼
Transfer to equity691/2€250k€254k▲
To other reserves6921€250k€254k▲
Profit to be distributed694/7€1.08M€0▼
Return on contributions (dividend)694€1.08M€0▼
Social balance
Average headcount (FTE)90875.85.4▼
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €1MEq €1.07M ▲31.2%
5 profitable years in a row build equity to €1.07M.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €250k ▼28.5%
Net result drops to €250k, the lowest in the series; recovery starts the following year.
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-12
Financial
Highest result since 2020net €982k ▲284%
Operating result €1.31M, net result €982k, both a record.
31-12
Financial
Equity above €1MEq €1.29M ▲320%
2 profitable years in a row build equity to €1.29M.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 27 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Tielt · 1 establishment unit since 2019
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.
Bevrijdingslaan 118700 TieltGround area
4,621 m²
Building footprint
533 m²
Volume, LiDAR
2,690 m³
Parcel 37302E0567/00K000, Flanders · tallest building 5.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
AZ Kabel
since 20192.297.945.242
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37302E0567/00K000 | Flanders | 4,621 m² | 1 · 533 m² | 5.8 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 5,031 EUR awarded · 4,845 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,131 EUR | 0 EUR |
| 2024 | 1 | 1,966 EUR | 1,966 EUR |
| 2023 | 2 | 674 EUR | 1,619 EUR |
| 2022 | 1 | 1,260 EUR | 1,260 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Subsidies ecologisch en veilig transport (stopgezet)
Similar companies · same sector, comparable size
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DINC H.
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IMBRECHTS GEBRS
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SOCIETE A FINALITE D'INSERTION EN ENVIRONNEMENT
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Seraing · Eq €1.08M
Of 979 companies in sector 38210 we hold annual accounts for 586. 416 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-11-2019
Fiscal year end31-12
Activities, NACEBEL
38210Materials recovery from waste
38322Waste collection, recovery and disposal activities
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.