GOPA Partners in Action for Change and Engagement
ActiveGOPA Partners in Action for Change and Engagement has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.49M and a net result of €1.09M. Equity is growing by ~17% per year across the filed fiscal years. Its solvency ranks better than 19% of 3161 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
78
/ 100
Excellent▲ +3 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability55▲+6
Solvency36▼-4
Growth65▲+9
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €270k at 30 days acceptable
Liquidity ample (current ratio 1.63 against 1.85 in 2024), but 83.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine 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 · 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
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
16.1%
Return on assets
5%
Age of the figures
8 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 3161 sector peers (2025).
NBB · sector comparisonPosition among 3161 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-08-2026, 11 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
11 d late
2024
17 d early
2023
13 d early
2022
32 d early
2021
12 d early
2020
20 d late
2019
27 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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€34.50M▼ 30.0%
2024 · €49.31M
2018: €30.06M
2019: €22.19M
2020: €28.71M
2021: €37.16M
2022: €34.66M
2023: €32.70M
2024: €49.31M
2018 → 2025
EBIT margin
4.4%▲ 1.8pp
2024 · 2.6%
2018: 5.8%
2019: 9.0%
2020: 7.2%
2021: 9.4%
2022: 5.2%
2023: 4.6%
2024: 2.6%
2018 → 2025
Net result
€1.09M▲ 41.6%
2024 · €769k
2018: €966k
2019: €1.10M
2020: €1.36M
2021: €2.75M
2022: €1.66M
2023: €995k
2024: €769k
2018 → 2025
Working capital
€7.98M▼ 18.1%
2024 · €9.75M
2018: €8.62M
2019: €6.46M
2020: €4.35M
2021: €10.55M
2022: €5.49M
2023: €5.69M
2024: €9.75M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€37.16M-€34.66M▼ 6.7%€32.70M▼ 5.7%€49.31M▲ 50.8%€34.50M▼ 30.0%
Equity€1.65M-€1.65M=€3.40M▲ 106%€3.44M▲ 1.1%€3.49M▲ 1.6%
Operating result€3.49M-€1.79M▼ 48.7%€1.51M▼ 15.4%€1.27M▼ 15.8%€1.53M▲ 19.8%
Net result€2.75M-€1.66M▼ 39.6%€995k▼ 40.1%€769k▼ 22.7%€1.09M▲ 41.6%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 20% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €21.69M
Fixed assets
€1.14M▼ 35.2%
Current assets
€20.55M▼ 2.9%
Equity and liabilities €21.69M
Equity
€3.49M▲ 1.6%
Debt
€18.20M▼ 6.7%
The debt ratio falls from 85.0% to 83.9%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€1.61M▲
2024 · €1.36M
Cash flow
€1.18M▲
2024 · €859k
Solvency
16.1%▲
2024 · 15.0%
Current ratio
1.63▼
2024 · 1.85
Quick ratio
1.00▼
2024 · 1.35
Debt / equity
5.21▼
2024 · 5.67
ROE
31.2%▲
2024 · 22.4%
ROA
5.0%▲
2024 · 3.4%
Interest coverage
11.08▲
2024 · 6.09
Debt
€18.20M▼
2024 · €19.50M
Debt ≤ 1 year
€12.57M▲
2024 · €11.43M
Debt > 1 year
€5.62M▼
2024 · €8.06M
Income taxes
€421k▲
2024 · €252k
Staff costs
€3.73M▲
2024 · €3.71M
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€22.93M€21.69M▼
Fixed assets21/28€1.76M€1.14M▼
Tangible fixed assets22/27€294k€223k▼
Furniture and vehicles24€264k€203k▼
Other tangible fixed assets26€29k€20k▼
Financial fixed assets28€1.46M€916k▼
Affiliated companies280/1€1.44M€898k▼
Participating interests280€1.44M€898k▼
Other financial fixed assets284/8€19k€17k▼
Amounts receivable and cash guarantees285/8€19k€17k▼
Current assets29/58€21.18M€20.55M▼
Stocks and contracts in progress3€5.76M€8.02M▲
Contracts in progress37€5.76M€8.02M▲
Amounts receivable within one year40/41€8.73M€10.54M▲
Trade receivables40€8.37M€7.34M▼
Other amounts receivable41€359k€3.20M▲
Cash at bank and in hand54/58€6.67M€1.95M▼
Deferred charges and accrued income490/1€16k€40k▲
Equity and liabilities
Total equity and liabilities10/49€22.93M€21.69M▼
Equity10/15€3.44M€3.49M▲
Contributions10/11€3.20M€3.20M=
Capital10€3.20M€3.20M=
Issued capital100€3.20M€3.20M=
Reserves13€238k€293k▲
Non-distributable reserves130/1€238k€293k▲
Legal reserve130€238k€293k▲
Amounts payable17/49€19.50M€18.20M▼
Amounts payable after more than one year17€8.06M€5.62M▼
Advances received on contracts in progress176€8.06M€5.62M▼
Amounts payable within one year42/48€11.43M€12.57M▲
Financial debts43€560k-
Other loans439€560k-
Trade debts44€6.67M€8.36M▲
Suppliers440/4€6.67M€8.36M▲
Advances received on contracts in progress46€2.96M€2.07M▼
Taxes, remuneration and social security45€503k€1.11M▲
Taxes450/3-€424k
Remuneration and social security454/9€503k€684k▲
Other amounts payable47/48€731k€1.03M▲
Accrued charges and deferred income492/3€11k€11k=
Income statement
Code20242025
Operating income70/76A€39.87M€47.18M▲
Turnover70€49.31M€34.50M▼
Change in stocks of work in progress, finished goods and contracts in progress71€-9.60M€12.51M▲
Other operating income74€156k€168k▲
Non-recurring operating income76A€12k€3k▼
Operating charges60/66A€38.60M€45.65M▲
Goods for resale, raw materials and consumables60€31.12M€37.57M▲
Purchases600/8€31.12M€37.57M▲
Services and other goods61€3.64M€4.25M▲
Remuneration, social security and pensions62€3.71M€3.73M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€90k€86k▼
Other operating charges640/8€49k€19k▼
Operating profit (loss)9901€1.27M€1.53M▲
Financial income75/76B€527k€751k▲
Recurring financial income75€525k€751k▲
Income from financial fixed assets750€470k€511k▲
Income from current assets751€38k€181k▲
Other financial income752/9€17k€59k▲
Non-recurring financial income76B€2k€0▼
Financial charges65/66B€780k€768k▼
Recurring financial charges65€288k€256k▼
Debt charges650€224k€146k▼
Other financial charges652/9€64k€111k▲
Non-recurring financial charges66B€492k€511k▲
Profit (loss) for the period before taxes9903€1.02M€1.51M▲
Income taxes67/77€252k€421k▲
Taxes670/3€301k€431k▲
Tax adjustments and reversals of tax provisions77€49k€10k▼
Profit (loss) for the period9904€769k€1.09M▲
Profit (loss) for the period to be appropriated9905€769k€1.09M▲
Appropriation of the result
Profit (loss) to be appropriated9906€769k€1.09M▲
Transfer to equity691/2€38k€54k▲
To the legal reserve6920€38k€54k▲
Profit to be distributed694/7€731k€1.03M▲
Return on contributions (dividend)694€731k€1.03M▲
Social balance
Average headcount (FTE)908746.542.2▼
The notes to these accounts (50 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
31-08
State Gazette act
Resignations & appointmentsGeneral meeting · Name change · Statutes amendment4 facts ▸
State Gazette act
Resignations & appointments
General meeting · Name change · Statutes amendment4 facts ▸
- General meeting, 14/08/2026
- Name change, GOPA Pro S.A.
- Statutes amendment
- Power of attorney, GOPA Partners in Action for Change and Engagement
11-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 11 days late
2025
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €769k ▼22.7%
Net result drops to €769k, the lowest in the series; recovery starts the following year.
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Equity above €2MEq €3.40M ▲106%
6 profitable years in a row build equity to €3.40M.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Highest result since 2018net €2.75M ▲102%
Operating result €3.49M, net result €2.75M, both a record.
20-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 20 days late
2020
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 27 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 29 days late
2018
09-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
10-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2025
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.
31-03-2025
Rafael COMENGE: Resigned as Director
29-02-2024
Al Hassane Niang: Resigned as Director
22-03-2021
Julien Delahaje: Resigned as Director
31-10-2019
Martin Güldner: Resigned as Director
19-07-2013
Acerpin Inversiones Europeas S.L.: Resigned as Director
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 1991
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.
Waterloolaan 721000 BrusselGround area
5,115 m²
Building footprint
2,978 m²
Volume, LiDAR
65,096 m³
2 parcels, Brussels · tallest building 33.9 m, ±10 floors. Linked by address, not a title deed.
1 establishment unit
Woluwelaan 2, 1150 Sint-Pieters-Woluwe
since 19912.051.554.948
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21019A0075/00K000 | Brussels | 3,217 m² | 1 · 1,911 m² | 26.1 m · 7 fl. |
| 21808H0961/00T000 | Brussels | 1,898 m² | 1 · 1,067 m² | 33.9 m · 10 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.
Statutory auditor
1 auditor| SPRL CDP PETIT & CO Statutory auditor · represented by Damien Petit | - → 02-04-2014 |
Structure & network
Connections & network
6 connected companiesNetwork connections
Shared address
→
Shared address
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Shared address
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Shared address
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Show 2 more network connections
Shared address
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Shared address
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Public money · subsidies and aid
European Union, budget
2021 to 2025 · 253 entries · 130,470,105 EUR in total| Year | Entries | awarded |
|---|---|---|
| 2025 | 6 | 4,908,455 EUR |
| 2024 | 60 | 39,488,853 EUR |
| 2023 | 47 | 41,072,274 EUR |
| 2022 | 57 | 26,429,381 EUR |
| 2021 | 83 | 18,571,142 EUR |
Projects
EU-LINK - RAWABET II - EU SUPPORT TO THE SECURITISATION OF THE CEASEFIRE AREA IN LIBYA
EU SUPPORT TO THE SECURISATION OF THE COASTAL ROAD - EU LINK / RAWABET
SUPPORT TO CEPA MONITORING, IMPLEMENTATION AND COMMUNICATION
EUROPEAN UNION HIGH LEVEL ADVISORS MISSION TO THE REPUBLIC OF MOLDOVA
EU POLICY AND OUTREACH PARTNERSHIP IN ARGENTINA AND BRAZIL
Show 35 more projects
CBRN TABLE TOP AND FIELD EXERCISES, SIMULATIONS, TRAINING (TEST) TO MITIGATE RISKS-P106
STRATEGIC COMMUNICATION AND SUPPORT TO MASS MEDIA IN THE REPUBLIC OF MOLDOVA (2023-2027)
COMMUNICATION ABOUT THE EUROPEAN UNION
EU POP IN CANADA III
PUBLIC AND CULTURAL DIPLOMACY IN CHINA
EUROPEAN UNION HIGH LEVEL ADVISORS MISSION TO THE REPUBLIC OF MOLDOVA
SUPPORT FOR POLICY REFORMS, ACCESSION AND EFFECTIVENESS (SUPRAE)
OUTREACH TO AND ENGAGEMENT WITH YOUNG PEOPLE IN EU EXTERNAL ACTION
101114573 - EHL BUREAU - EUROPEAN HERITAGE LABEL BUREAU
BUILDING A CLOSE RELATIONSHIP WITH THE UNITED KINGDOM
SUPPORT TO SECURITY SECTOR OVERSIGHT BODIES IN GEORGIA
SUPPLY OF DATA WAREHOUSE (DWH) AND BUSINESS INTELLIGENCE (BI) SOLUTION TO THE INDIRECT TAXATION AUTHORITY OF BOSNIA AND HERZEGOVINA (ITA BIH)
COMMUNICATION DE L'UNION EUROPÉENNE AU MAROC
TECHNICAL ASSISTANCE FOR PROVIDING INFORMATION SERVICES AIMING TO BRING THE TURKISH CYPRIOT COMMUNITY CLOSER TO THE EUROPEAN UNION THROUGH RUNNING AN EU INFOPOINT
NATIONAL ANTIQUITIES AND HERITAGE MANAGEMENT INITIATIVE - NAHMI
EULEAD III
TECHNICAL ASSISTANCE TO SUPPORT CIVIL SOCIETY ORGANISATIONS IN THE TURKISH CYPRIOT COMMUNITY
EU SECURITY SECTOR GOVERNANCE AND REFORM FACILITY
SUPPORT FOR POLICY REFORMS, ACCESSION AND EFFECTIVENESS (SUPRAE)
ASSISTANCE TECHNIQUE À LA MISE EN œUVRE DU PROGRAMME EN APPUI À L’ÉMANCIPATION DE LA FEMME ET LUTTE CONTRE LA VIOLENCE BASÉE SUR LE GENRE. MADAGASCAR
ESTABLISHMENT OF A SECRETARIAT TO DEVELOP AND SUPPORT THE OPERATIONS OF THE EUROPEAN NETWORK OF PLACES WHERE THE HOLOCAUST HAPPENED.
ON SITE ASSISTANCE
EU NEIGHBOURHOOD COMMUNICATION PROGRAMME (2020-2024) EASTERN NEIGHBOURHOOD: ARMENIA, AZERBAIJAN, BELARUS, GEORGIA, REPUBLIC OF MOLDOVA, UKRAINE
EU NEIGHBOURHOOD COMMUNICATION PROGRAMME (2020-2024) EASTERN NEIGHBOURHOOD: ARMENIA, AZERBAIJAN, BELARUS, GEORGIA, REPUBLIC OF MOLDOVA, UKRAINE
CAPACITY BUILDING / TECHNICAL ASSISTANCE INDIAN OCEAN COMMISSION CAPACITY BUILDING PHASE II
ON SITE ASSISTANCE
SCHUMAN SECURITY AND DEFENCE FORUM 2024
IMPLEMENTATION OF THE EU GUEST OF HONOUR AT THE INTERNATIONAL BOOK FAIR OF GUADALAJARA ACTIVITIES.
MIGRATION MANAGEMENT TEIS - FWC COORDINATION PHASE II
PUBLIC AND CULTURAL DIPLOMACY IN JAPAN
TECHNICAL ASSISTANCE EU FOR MUNICIPALITIES
SUPPORT TO OACPS-EU PARTNERSHIP AND AFRICAN UNION (AU) EVENTS AND SEMINARS
POLICY DIALOGUE AND PUBLIC DIPLOMACY FACILITY FOR SINGAPORE
EULEAD III
CIVIL PROTECTION ON SITE ASSISTANCE IN MEDITERRANEAN AND BALKANS
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Of 82,218 companies in sector 70200 we hold annual accounts for 52,395. 14,334 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded16-01-1991
Fiscal year end31-12
Legal name FR
GOPA Pro S.A.
Abbreviation FR
GOPA PACE
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.