COPABAT
ActiveSummary
COPABAT has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €643k and a net result of €-8k. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 73% of 19356 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability51▼-17
Solvency88▼-2
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 14.13 against 17.64 in 2023; short-term debt: 6.1% and cash: 1.8% of total assets), and 37.3% of the assets are financed with debt.
Credit check 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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← 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
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 2024Solvency, return and age of the figures
Solvency
62.7%
Return on assets
-0.8%
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 10-06-2025, 51 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
51 d early
2023
42 d early
2022
40 d early
2021
37 d early
2020
54 d early
2019
49 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€643k▼ 1.3%
2023 · €651k
2018: €656k
2019: €678k▲ +3.3% vs 2018
2020: €708k▲ +4.4% vs 2019
2021: €720k▲ +1.7% vs 2020highest in 7 years
2022: €638k▼ -11.3% vs 2021lowest in 7 years
2023: €651k▲ +2.0% vs 2022
2024: €643k▼ -1.3% vs 2023
2018 → 2024
Total assets
€1.02M▲ 2.3%
2023 · €1.00M
2018: €774k
2019: €772k▼ -0.2% vs 2018lowest in 7 years
2020: €783k▲ +1.4% vs 2019
2021: €785k▲ +0.3% vs 2020
2022: €824k▲ +4.9% vs 2021
2023: €1.00M▲ +21.5% vs 2022
2024: €1.02M▲ +2.3% vs 2023highest in 7 years
2018 → 2024
Net result
€-8k
2023 · €12k
2018: €7k
2019: €22k▲ +227% vs 2018
2020: €30k▲ +35.3% vs 2019highest in 7 years
2021: €12k▼ -58.9% vs 2020
2022: €29k▲ +141% vs 2021
2023: €12k▼ -57.5% vs 2022
2024: €-8k▼ -168% vs 2023lowest in 7 years
2018 → 2024
Working capital
€822k▼ 3.2%
2023 · €849k
2018: €542klowest in 7 years
2019: €561k▲ +3.6% vs 2018
2020: €585k▲ +4.2% vs 2019
2021: €618k▲ +5.7% vs 2020
2022: €562k▼ -9.2% vs 2021
2023: €849k▲ +51.1% vs 2022highest in 7 years
2024: €822k▼ -3.2% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€708k-€720k▲ 1.7%€638k▼ 11.3%€651k▲ 2.0%€643k▼ 1.3%
2020: €708k
2021: €720k▲ +1.7% vs 2020highest in 5 years
2022: €638k▼ -11.3% vs 2021lowest in 5 years
2023: €651k▲ +2.0% vs 2022
2024: €643k▼ -1.3% vs 2023
Operating result€43k-€17k▼ 59.4%€42k▲ 142%€24k▼ 43.8%€-7k
2020: €43khighest in 5 years
2021: €17k▼ -59.4% vs 2020
2022: €42k▲ +142% vs 2021
2023: €24k▼ -43.8% vs 2022
2024: €-7k▼ -131% vs 2023lowest in 5 years
Net result€30k-€12k▼ 58.9%€29k▲ 141%€12k▼ 57.5%€-8k
2020: €30khighest in 5 years
2021: €12k▼ -58.9% vs 2020
2022: €29k▲ +141% vs 2021
2023: €12k▼ -57.5% vs 2022
2024: €-8k▼ -168% vs 2023lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €7k after €24k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.02M
Fixed assets
€140k ▲ 38.2%
Current assets
€884k ▼ 1.7%
Equity and liabilities €1.02M
Equity
€643k ▼ 1.3%
Provisions
€6k ▼ 16.7%
Debt
€376k ▲ 9.6%
Debt's share of the balance-sheet total rises from 34.3% to 36.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€8k▼
2023 · €35k
Cash flow
€6k▼
2023 · €24k
Current ratio
14.13▼
2023 · 17.64
Quick ratio
0.97▼
2023 · 1.49
Debt to equity
0.59▲
2023 · 0.53
ROE
-1.3%▼
2023 · 1.9%
ROA
-0.8%▼
2023 · 1.2%
Interest coverage
4.00▼
2023 · 5.71
Debt ≤ 1 year
€63k▲
2023 · €51k
Debt > 1 year
€310k▲
2023 · €290k
Income taxes
€420▼
2023 · €6k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 56 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.00M€1.02M▲
Fixed assets21/28€101k€140k▲
Tangible fixed assets22/27€101k€140k▲
Land and buildings22€101k€140k▲
Furniture and vehicles24€192€0▼
Current assets29/58€900k€884k▼
Stocks and contracts in progress3€824k€824k=
Stocks30/36€824k€824k=
Amounts receivable within one year40/41€22k€41k▲
Trade receivables40€3k€23k▲
Other amounts receivable41€19k€18k▼
Cash at bank and in hand54/58€49k€18k▼
Deferred charges and accrued income490/1€4k€2k▼
Equity and liabilities
Total equity and liabilities10/49€1.00M€1.02M▲
Equity10/15€651k€643k▼
Contributions10/11€274k€274k=
Capital10€250k€250k=
Issued capital100€250k€250k=
Outside capital11€24k€24k=
Share premium1100/10€24k€24k=
Reserves13€205k€203k▼
Non-distributable reserves130/1€25k€25k=
Legal reserve130€25k€25k=
Tax-exempt reserves132€13k€11k▼
Distributable reserves133€167k€167k=
Profit (loss) carried forward14€172k€166k▼
Provisions and deferred taxes16€7k€6k▼
Deferred taxes168€7k€6k▼
Amounts payable17/49€343k€376k▲
Amounts payable after more than one year17€290k€310k▲
Other amounts payable178/9€290k€310k▲
Amounts payable within one year42/48€51k€63k▲
Trade debts44€50k€43k▼
Suppliers440/4€50k€43k▼
Taxes, remuneration and social security45€1k€9k▲
Taxes450/3€1k€9k▲
Other amounts payable47/48€350€11k▲
Accrued charges and deferred income492/3€2k€4k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€15k▲
Other operating charges640/8€7k€7k▲
Gross operating margin9900€42k€15k▼
Operating profit (loss)9901€24k€-7k▼
Financial income75/76B€13€0▼
Recurring financial income75€13€0▼
Financial charges65/66B€6k€2k▼
Recurring financial charges65€6k€2k▼
Profit (loss) for the period before taxes9903€17k€-9k▼
Transfer from deferred taxes780€1k€1k=
Income taxes67/77€6k€420▼
Profit (loss) for the period9904€12k€-8k▼
Transfer from tax-exempt reserves789€2k€2k=
Profit (loss) for the period to be appropriated9905€15k€-6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€187k€166k▼
Profit (loss) brought forward from the previous period14P€172k€172k=
Transfer to equity691/2€15k-
To other reserves6921€15k-
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €2k | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | €324 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16k | €17k | €12k | €12k | €15k | ▲ 29.1% |
| Other operating charges640/8 | - | €8k | €9k | €7k | €7k | ▲ 1.2% |
| Gross operating margin9900 | €67k | €42k | €63k | €42k | €15k | ▼ 65.0% |
| Operating profit (loss)9901 | €43k | €17k | €42k | €24k | €-7k | ▼ 131% |
| Financial income75/76B | - | €185 | - | €13 | €0 | ▼ 99.2% |
| Recurring financial income75 | - | €185 | - | €13 | €0 | ▼ 99.2% |
| Financial charges65/66B | - | €733 | €1k | €6k | €2k | ▼ 69.4% |
| Recurring financial charges65 | €711 | €733 | €1k | €6k | €2k | ▼ 69.4% |
| Profit (loss) for the period before taxes9903 | €42k | €17k | €41k | €17k | €-9k | ▼ 153% |
| Transfer from deferred taxes780 | - | €1k | €1k | €1k | €1k | = |
| Income taxes67/77 | €13k | €6k | €13k | €6k | €420 | ▼ 93.2% |
| Profit (loss) for the period9904 | €30k | €12k | €29k | €12k | €-8k | ▼ 168% |
| Transfer from tax-exempt reserves789 | - | €2k | €2k | €2k | €2k | = |
| Profit (loss) for the period to be appropriated9905 | €39k | €14k | €32k | €15k | €-6k | ▼ 142% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €783k | €785k | €824k | €1.00M | €1.02M | ▲ 2.3% |
| Fixed assets21/28 | €139k | €125k | €113k | €101k | €140k | ▲ 38.2% |
| Tangible fixed assets22/27 | €139k | €125k | €113k | €101k | €140k | ▲ 38.2% |
| Land and buildings22 | - | €124k | €113k | €101k | €140k | ▲ 38.5% |
| Furniture and vehicles24 | - | €1k | €433 | €192 | €0 | ▼ 100% |
| Current assets29/58 | €644k | €660k | €711k | €900k | €884k | ▼ 1.7% |
| Stocks and contracts in progress3 | €306k | €305k | €305k | €824k | €824k | = |
| Stocks30/36 | - | €305k | €305k | €824k | €824k | = |
| Amounts receivable within one year40/41 | €22k | €26k | €24k | €22k | €41k | ▲ 82.1% |
| Trade receivables40 | - | - | - | €3k | €23k | ▲ 595% |
| Other amounts receivable41 | - | €26k | €24k | €19k | €18k | ▼ 4.8% |
| Cash at bank and in hand54/58 | €316k | €321k | €368k | €49k | €18k | ▼ 63.7% |
| Deferred charges and accrued income490/1 | - | €8k | €14k | €4k | €2k | ▼ 61.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €783k | €785k | €824k | €1.00M | €1.02M | ▲ 2.3% |
| Equity10/15 | €708k | €720k | €638k | €651k | €643k | ▼ 1.3% |
| Contributions10/11 | €250k | €274k | €274k | €274k | €274k | = |
| Capital10 | - | €250k | €250k | €250k | €250k | = |
| Issued capital100 | - | €250k | €250k | €250k | €250k | = |
| Outside capital11 | - | €24k | €24k | €24k | €24k | = |
| Share premium1100/10 | - | €24k | €24k | €24k | €24k | = |
| Reserves13 | €262k | €274k | €193k | €205k | €203k | ▼ 1.1% |
| Non-distributable reserves130/1 | - | €25k | €25k | €25k | €25k | = |
| Legal reserve130 | - | €25k | €25k | €25k | €25k | = |
| Tax-exempt reserves132 | - | €18k | €16k | €13k | €11k | ▼ 16.7% |
| Distributable reserves133 | - | €231k | €152k | €167k | €167k | = |
| Profit (loss) carried forward14 | €172k | €172k | €172k | €172k | €166k | ▼ 3.6% |
| Provisions and deferred taxes16 | €10k | €9k | €8k | €7k | €6k | ▼ 16.7% |
| Deferred taxes168 | - | €9k | €8k | €7k | €6k | ▼ 16.7% |
| Amounts payable17/49 | €64k | €56k | €177k | €343k | €376k | ▲ 9.6% |
| Amounts payable after more than one year17 | - | - | - | €290k | €310k | ▲ 6.9% |
| Other amounts payable178/9 | - | - | - | €290k | €310k | ▲ 6.9% |
| Amounts payable within one year42/48 | €59k | €42k | €150k | €51k | €63k | ▲ 22.7% |
| Trade debts44 | €59k | €42k | €44k | €50k | €43k | ▼ 14.0% |
| Suppliers440/4 | - | €42k | €44k | €50k | €43k | ▼ 14.0% |
| Taxes, remuneration and social security45 | - | - | - | €1k | €9k | ▲ 655% |
| Taxes450/3 | - | - | - | €1k | €9k | ▲ 655% |
| Other amounts payable47/48 | - | - | €105k | €350 | €11k | ▲ 3,142% |
| Accrued charges and deferred income492/3 | - | €14k | €28k | €2k | €4k | ▲ 62.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €30k | €12k | €29k | €12k | €-8k | ▼ 168% |
| + Depreciation and write-downs630 | €16k | €17k | €12k | €12k | €15k | ▲ 29.1% |
| Operating cash flow (approximation) | €45k | €29k | €42k | €24k | €6k | ▼ 73.4% |
| Investment in fixed assets (approximation) | - | €-3k | €0 | €0 | €-54k | - |
| Change in cash | - | €5k | €47k | €-319k | €-31k | ▲ 90.1% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-8k
Net result drops to €-8k, the lowest in the series.
19-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity quadruplescurrent ratio 17.64
Current ratio from 4.76 to 17.64; short-term debt falls from €150k to €51k.
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
07-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €30k ▲35.3%
Operating result €43k, net result €30k, both a record.
12-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
03-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
14-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
08-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
06-06
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.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 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, Eupen · 1 establishment unit since 1988
Ground area
108 m²
Building footprint
91 m²
Volume, LiDAR
1,096 m³
Parcel 63023F0096/00A000, Wallonia · tallest building 14.7 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
COPABAT SA
since 19882.129.593.923
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63023F0096/00A000 | Wallonia | 108 m² | 1 · 91 m² | 14.7 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Recognised contractor
2 categoriesCOPABAT SA20675
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Of 11,748 companies in sector 68310 we hold annual accounts for 6,905. 4,293 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded16-03-1988
Fiscal year end31-12
Activities, NACEBEL 2025
68310Real estate agency activities
41001General construction of residential buildings
43221Plumbing work
43320Joinery installation
43331Floor and wall tiling
Scores and ratios are computed by Checked and are not a credit decision.