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COPAWIN

Active
Public limited companyfounded 2020active for 6 yearsBoulevard Baudouin 1er 25, 1348 Ottignies-Louvain-la-Neuve, Belgium21 active companies are registered at this addressKBO/BCE: BE 0753.994.658
Summary

COPAWIN has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €45.6m and a net result of -€581,413. Equity remains stable across the filed financial years (±0.9% per year). Its solvency ranks better than 82% of 3,844 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Activities of head offices
NACE 70100
Largest company by equity in Ottignies-Louvain-la-Neuve, Professional and technical services sector1 site
Size
€51.7mtotal assets 2025
Equity
€45.6m
Loss
-€581,413
Standalone figures, without subsidiaries
Financial health
88 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
Largest shareholder
ALTRO FINANCE & INSURANCE BELGIUM · 42.9%
Board
4 members
Holdings
2
  • SAHALIAChair · permanent representative Henri Steyaert
Auditor: Emst et Young Reviseurs d'Entreprises SRLAccounts 28 days early5 of 10 deeds read
Why 88raises riskLiquidity: current ratio 0.10, cash €56,138Founded in 2020lowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Size: total assets €51.7m, files consolidated accountsShow the evidence

Checked score

Score 2025
88 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 39% of its sector peers (NACE 70, large)
Financial strength · tick = 2024
Average
Solvency 100=
equity 88.2% of total assets
Liquidity 50=
short-term debt 2.3% · cash 0.1%
Profitability 19-1
return on assets -1.1%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (204 companies, NACE 70, large)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.3%▲ +0.1 percentage points vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026highest value 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.2%▼ -0.1 percentage points vs 07-2026lowest value 09-2026: 0.2%● unchanged vs 08-2026lowest value 10-2026: 0.2%● unchanged vs 09-2026
Credit of up to €4,000,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.1, compared with 0.3 in 2024, below 1; short-term debt: 2.3% and cash: 0.1% of total assets), and 11.8% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, large): better than 74% on solvency, 51% on liquidity, 9% on profitability and 21% on growth.

The bankruptcy probability was computed on 22-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 0.10, cash €56,138
NBB · annual accounts
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
lowers risk · Size: total assets €51.7m, files consolidated accounts
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Founded in 2020
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
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 03-07-2026, 28 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
28 days early
2024
31 days early
2023
16 days early
2022
140 days late
2021
27 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 8 days after the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 4 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
23-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · consolidated
  2. Annual accounts filedfinancial year 2025 · full…
  3. Appointment: Henri Steyaert (membre du conseil…Gazette deed

Key points

  • Risk: 4 loss-making years in a rowloss financial year 2025 -€581,413 View
  • Caution: Among the weakest 6% on net resultsector median €55,142 · 3,843 companies -€581,413 View
  • Heads a groupcompanies controlled · known shareholders 89.52% 3 View
  • New directorlatest change 01-01-2026 · 4 in office 1 joined View

By topic

Financials

Financial year
2025
Total assets
€51.7m
Loss
-€581,413
Solvency
88.2%
Total assets▼ 0.7%
Net result
20212025
Go to Financials

Board & ownership

Board
4 members
Largest shareholder
ALTRO FINANCE & INSURANCE… · 42.9%
Known shareholders
89.52%
Auditor
Emst et Young Reviseurs…
  • SAHALIAChair
  • Henri SteyaertChair
  • DOMINIQUE DEJEANDirector
  • FLIDINVESTDirector
Go to Board & ownership

Timeline

Events
14
Since
2022
Next accounts
by 31-07-2027
  1. 22-08-2025Resignations: Dorsan van Hecke (administrateur délégué, président…
  2. 08-07-2025Annual accounts filed
  3. 30-06-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Activities of head officesNACE 70100
Founded
14-09-2020
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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