KOUPALO
ActiveKOUPALO has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €156k and a net result of €29k. Equity is growing by ~13.7% per year across the filed fiscal years. Its solvency ranks better than 22% of 31616 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
71
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▼-4
Solvency43▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 1.58 against 1.13 in 2024; short-term debt: 10.9% and cash: 13.9% of total assets), but 81.6% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
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
18.4%
Return on assets
3.5%
Age of the figures
9 mo
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 31616 sector peers (2025).
NBB · sector comparisonPosition among 31616 sector peers
Solvency
better than 22%
← weakest
strongest →
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 11-06-2026, 50 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
50 d early
2024
41 d early
2023
35 d early
2022
48 d early
2021
11 d early
2020
11 d early
2019
14 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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€156k▲ 22.4%
2024 · €128k
2018: €55k
2019: €73k
2020: €76k
2021: €87k
2022: €81k
2023: €74k
2024: €128k
2018 → 2025
Total assets
€849k▼ 1.5%
2024 · €862k
2018: €101k
2019: €712k
2020: €683k
2021: €854k
2022: €844k
2023: €823k
2024: €862k
2018 → 2025
Net result
€29k▼ 46.3%
2024 · €55k
2018: €22k
2019: €48k
2020: €5k
2021: €6k
2022: €-5k
2023: €-7k
2024: €55k
2018 → 2025
Working capital
€53k▲ 201%
2024 · €18k
2018: €55k
2019: €164k
2020: €168k
2021: €-48k
2022: €-55k
2023: €-46k
2024: €18k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€87k-€81k▼ 7.0%€74k▼ 9.4%€128k▲ 73.2%€156k▲ 22.4%
Operating result€9k-€-5k€-6k▼ 33.9%€76k€42k▼ 44.6%
Net result€6k-€-5k€-7k▼ 30.4%€55k€29k▼ 46.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 45% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €849k
Fixed assets
€703k▼ 1.0%
Current assets
€146k▼ 3.7%
Equity and liabilities €849k
Equity
€156k▲ 22.4%
Debt
€693k▼ 5.6%
The debt ratio falls from 85.2% to 81.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€54k▼
2024 · €87k
Cash flow
€41k▼
2024 · €66k
Solvency
18.4%▲
2024 · 14.8%
Current ratio
1.58▲
2024 · 1.13
Quick ratio
1.58▲
2024 · 1.13
Debt / equity
4.44▼
2024 · 5.75
ROE
18.8%▼
2024 · 42.9%
ROA
3.5%▼
2024 · 6.4%
Interest coverage
229.40▼
2024 · 397.91
Debt
€693k▼
2024 · €734k
Debt ≤ 1 year
€93k▼
2024 · €134k
Debt > 1 year
€600k=
2024 · €600k
Income taxes
€12k▼
2024 · €22k
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€862k€849k▼
Fixed assets21/28€710k€703k▼
Tangible fixed assets22/27€710k€703k▼
Land and buildings22€709k€702k▼
Plant, machinery and equipment23€1k€965▼
Financial fixed assets28€74€74=
Current assets29/58€152k€146k▼
Amounts receivable within one year40/41€7k€27k▲
Trade receivables40€7k€23k▲
Other amounts receivable41€0€4k▲
Cash at bank and in hand54/58€144k€118k▼
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€862k€849k▼
Equity10/15€128k€156k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€0▼
Reserves not available under the articles1311€2k€0▼
Distributable reserves133-€2k
Profit (loss) carried forward14€107k€136k▲
Amounts payable17/49€734k€693k▼
Amounts payable after more than one year17€600k€600k=
Other amounts payable178/9€600k€600k=
Amounts payable within one year42/48€134k€93k▼
Trade debts44€6k€5k▼
Suppliers440/4€6k€5k▼
Taxes, remuneration and social security45€10k€2k▼
Taxes450/3€10k€2k▼
Other amounts payable47/48€119k€86k▼
Accrued charges and deferred income492/3€0€31▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€12k▲
Other operating charges640/8€5k€5k▼
Gross operating margin9900€92k€59k▼
Operating profit (loss)9901€76k€42k▼
Financial income75/76B€820€0▼
Recurring financial income75€22€0▼
Non-recurring financial income76B€798€0▼
Financial charges65/66B€219€235▲
Recurring financial charges65€219€235▲
Profit (loss) for the period before taxes9903€76k€42k▼
Income taxes67/77€22k€12k▼
Profit (loss) for the period9904€55k€29k▼
Profit (loss) for the period to be appropriated9905€55k€29k▼
Appropriation of the result
Profit (loss) to be appropriated9906€108k€136k▲
Profit (loss) brought forward from the previous period14P€53k€107k▲
Profit to be distributed694/7€833€833=
Return on contributions (dividend)694€833€833=
The notes to these accounts (14 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
11-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Equity above €150kEq €156k ▲22.4%
2 profitable years in a row build equity to €156k.
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €55k
Net result €55k after 2 loss-making years.
31-12
Financial
Equity above €100kEq €128k ▲73.2%
Equity rises from €74k to €128k.
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-7k
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
13-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity times 5current ratio 25.98
Current ratio from 5.22 to 25.98; short-term debt falls from €39k to €7k.
14-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 14 days late
2019
31-12
Financial
Liquidity doublescurrent ratio 5.22
Current ratio from 2.21 to 5.22; short-term debt falls from €45k to €39k.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
23-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
13-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Ukkel · 1 establishment unit since 2013
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.
Denneboslaan 71180 UkkelGround area
2,629 m²
Building footprint
365 m²
Volume, LiDAR
1,905 m³
2 parcels, Brussels · tallest building 13.3 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
KOUPALO
since 20132.224.563.851
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21614H0055/00N077 | Brussels | 2,478 m² | 1 · 280 m² | 9.0 m · 1 fl. |
| 21444B0021/00W006 | Brussels | 151 m² | 1 · 86 m² | 13.3 m · 4 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.
Similar companies · same sector, comparable size
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PIACO
BE 0782.637.174
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SYMPOSIX
BE 1003.331.376
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COBELEM
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Of 82,570 companies in sector 70200 we hold annual accounts for 52,573. 40,759 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-12-2013
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 12 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.