THIERRY COPPENS
ActiveTHIERRY COPPENS has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-27k) and a net result of €5k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 7% of 27451 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
43
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability72▲+62
Solvency11▼-15
Growth34=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.24 against 0.73 in 2023; short-term debt: 74.2% and cash: 2.8% of total assets), and equity is negative.
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-13.7%
Return on assets
2.3%
Age of the figures
15 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 7% of 27451 sector peers (2025).
NBB · sector comparisonPosition among 27451 sector peers
Solvency
better than 7%
← weakest
strongest →
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 06-01-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2023
15 d early
2022
1 d late
2021
47 d early
2020
24 d early
2019
4 d early
2018
1 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 close17-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€142k▼ 10.4%
2020 · €158k
2019: €140k
2020: €158k
2019 → 2021
EBIT margin
-18.6%▼ 30.2pp
2020 · 11.6%
2019: 13.7%
2020: 11.6%
2019 → 2021
Net result
€5k
2023 · €-24k
2019: €9k
2020: €11k
2021: €-28k
2022: €33k
2023: €-24k
2019 → 2025
Working capital
€-112k▼ 80.7%
2023 · €-62k
2019: €-2k
2020: €10k
2021: €-35k
2022: €-7k
2023: €-62k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232025Trend
Turnover€158k-€142k▼ 10.4%
Equity€20k-€-8k€25k€2k▼ 93.1%€-27k
Operating result€18k-€-26k€44k€-17k€7k
Net result€11k-€-28k€33k€-24k€5k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is €7k in 2025, compared with €-17k in 2023. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2025 in colour, 2023 as the grey bar beneath
Assets €198k
Fixed assets
€163k▲ 3.3%
Current assets
€35k▼ 79.4%
Key figures and ratios
EBITDA
€25k▲
2023 · €-10k
Cash flow
€23k▲
2023 · €-17k
Solvency
-13.7%▼
2023 · 0.5%
Current ratio
0.24▼
2023 · 0.73
Quick ratio
0.24▼
2023 · 0.73
Debt / equity
-8.32
ROA
2.3%▲
2023 · -7.2%
Interest coverage
13.19▲
2023 · -1.44
Debt
€225k▼
2023 · €325k
Debt ≤ 1 year
€147k▼
2023 · €231k
Debt > 1 year
€78k▼
2023 · €94k
Income taxes
€0=
2023 · €0
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 2023
Balance sheet
Code20232025
Assets
Total assets20/58€326k€198k▼
Fixed assets21/28€158k€163k▲
Tangible fixed assets22/27€153k€158k▲
Land and buildings22€124k€118k▼
Plant, machinery and equipment23€4k€1k▼
Furniture and vehicles24€617€0▼
Other tangible fixed assets26€24k€39k▲
Financial fixed assets28€5k€5k=
Current assets29/58€169k€35k▼
Amounts receivable within one year40/41€9k€29k▲
Trade receivables40€4k€29k▲
Other amounts receivable41€5k€0▼
Cash at bank and in hand54/58€158k€6k▼
Deferred charges and accrued income490/1€1k€0▼
Equity and liabilities
Total equity and liabilities10/49€326k€198k▼
Equity10/15€2k€-27k▼
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€-6k€-35k▼
Amounts payable17/49€325k€225k▼
Amounts payable after more than one year17€94k€78k▼
Financial debts170/4€94k€78k▼
Amounts payable within one year42/48€231k€147k▼
Current portion of amounts payable after more than one year42€9k€8k▼
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€494€2k▲
Suppliers440/4€494€2k▲
Advances received on contracts in progress46€9k€9k=
Taxes, remuneration and social security45€7k€1k▼
Taxes450/3€7k€435▼
Remuneration and social security454/9-€907
Other amounts payable47/48€205k€126k▼
Income statement
Code20232025
Non-recurring operating income76A€726€2k▲
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€19k▲
Other operating charges640/8€1k€360▼
Gross operating margin9900€-9k€26k▲
Operating profit (loss)9901€-17k€7k▲
Financial income75/76B€146€8▼
Recurring financial income75€146€8▼
Financial charges65/66B€7k€2k▼
Recurring financial charges65€7k€2k▼
Profit (loss) for the period before taxes9903€-24k€5k▲
Income taxes67/77€0€0=
Profit (loss) for the period9904€-24k€5k▲
Profit (loss) for the period to be appropriated9905€-24k€5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-6k€-35k▼
Profit (loss) brought forward from the previous period14P€17k€-40k▼
The notes to these accounts (10 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
06-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
2024
16-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
01-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 1 day late
2022
30-06
Financial
Back to profitnet €33k
Net result €33k after one loss-making year.
2021
15-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial
Weakest financial yearnet €-28k ▼360%
Net result drops to €-28k, the lowest in the series; recovery starts the following year.
07-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
27-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
24-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
26-01
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Braine-le-Comte · 1 establishment unit since 2014
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.
Chemin de Nivelles 1807090 Braine-le-ComteGround area
6,064 m²
Building footprint
94 m²
Parcel 55004D0060/00D000, Wallonia. Linked by address, not a title deed.
1 establishment unit
THIERRY COPPENS
since 20142.250.905.487
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55004D0060/00D000 | Wallonia | 6,064 m² | 1 · 94 m² | - |
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.
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Of 20,030 companies in sector 43320 we hold annual accounts for 9,132. 1,317 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-04-2014
Fiscal year end30-06
Activities, NACEBEL
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 10 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.