Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Shrinking team NBB
FTE fell two years in a row, from 54 to 35.1.
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Busy address KBO
28 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
COPAHOME from Kortrijk, company number BE0405322517, closed financial year 2024 with a result of € -187,908 after tax. For that financial year COPAHOME recorded a gross margin of € 2.4 million and equity of € 5.9 million. Compared with financial year 2023, the result moved from € 585,444 to € -187,908. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 27, 2025.
€ 5.9 million
▼ 3% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -187,908
▼ still € 585,444 profit in 2023
Profit after tax over the fiscal year.
€ 181,164
▼ 47% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 3.6 million.
People and assets in 2024
35.1
▼ 12.2 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 2.2 million
▼ 17% vs 2023
€ 61,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 48,123
▼ 46% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 4 million
▼ 6% vs 2023
€ 412,500 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 2 million
▼ 27% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 445,977
▼ 14% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 2,942,490 | € 3,587,240 | € 3,870,340 | € 2,402,147 | ▼ 38% |
| Profit after taxes | € -503,834 | € 144,629 | € 585,444 | € -187,908 | ▼ € 773,352 |
| Equity | € 5,384,011 | € 5,528,641 | € 6,114,085 | € 5,926,177 | ▼ 3% |
| Total debts | € 10,598,689 | € 10,553,638 | € 11,558,160 | € 11,006,308 | ▼ 5% |
| Cash | € 319,579 | € 291,529 | € 340,566 | € 181,164 | ▼ 47% |
| Land & buildings | € 2,842,603 | € 2,753,797 | € 2,667,160 | € 2,581,414 | ▼ 3% |
| Retained profit | € 2,870,386 | € 3,081,641 | € 3,728,585 | € 3,602,177 | ▼ 3% |
| Bank debt | € 4,276,171 | € 4,262,794 | € 4,213,093 | € 3,957,563 | ▼ 6% |
| Balance sheet total | € 15,982,700 | € 16,082,278 | € 17,672,245 | € 16,932,485 | ▼ 4% |
| Employees (FTE) | 59 | 54 | 47.3 | 35.1 | ▼ 12.2 |
Key figures of COPAHOME, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to COPAHOME?
What happened at COPAHOME in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 187,908 (▼ € 773,352 vs 2023). filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Kortrijk. KBO
In short
From € 503,834 loss in 2021 to € 187,908 loss in 2024.
Paid € 42,682 in corporate taxes since 2021.
Best year ever: 2023, with € 585,444 profit.
On average € 68,400 of value added per employee in 2024.
Management
The stake of AVALON & CO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
COPAHOMEBehind COPAHOME are BAVERCO NV and Katrien Baekelandt. The shares are held by AVALON & CO (99.8%).
Directors
According to the 2024 annual accounts
Shareholders
99.8%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Spinnerijstraat(Kor) 99 box 23
8500 Kortrijk
Meensesteenweg(Kor) 137
8500 Kortrijk
Active since 1 September 1948
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 28 companies are registered at this address.
All companies at this address →CHARLES BEAUMONT
€ -13,801 gross margin · 2025
Tyber - Anciens Etablissements Gustave Tyberghein
Algemene Modellenverzameling voor de Rechtspraktijk
TARDEL
€ -15,437 gross margin · 2025
UNIC DESIGN
€ -38,996 gross margin · 2025
+23 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0405.322.517
- VAT number
- BE 0405.322.517
- Registered office
- Spinnerijstraat(Kor) 99 bus 23, 8500 Kortrijk
- Names & denominations
- COPAHOME
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 June 1957
- Peppol
- Active · Active since 2 Dec 2025
- Activities · NACE
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