Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 59 % of short-term debt in 2025; threshold 65 %.
-
Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
Financials
Financial year 2025
COPAR from Deinze, company number BE0425491488, closed financial year 2025 with a result of € 86,609 after tax. For that financial year COPAR recorded a gross margin of € 395,814 and equity of € 2.9 million. Compared with financial year 2024, the result moved from € 65,145 to € 86,609. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on March 4, 2026.
€ 2.9 million
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 86,609
▲ 33% vs 2024
Profit after tax over the fiscal year.
€ 195,606
▼ 84% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 2.7 million.
People and assets in 2025
€ 12,649
▼ 11% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 900,000
▼ 25% vs 2024
€ 300,000 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 34,058
▼ 71% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 224,566 | € 236,042 | € 254,368 | € 395,814 | ▲ 56% |
| Profit after taxes | € 100,549 | € 108,709 | € 65,145 | € 86,609 | ▲ 33% |
| Equity | € 2,626,896 | € 2,735,604 | € 2,800,750 | € 2,887,359 | ▲ 3% |
| Total debts | € 495 | € 90,528 | € 1,315,717 | € 934,058 | ▼ 29% |
| Cash | € 1,522,822 | € 1,661,378 | € 1,201,238 | € 195,606 | ▼ 84% |
| Land & buildings | € 1,096,098 | € 1,147,232 | € 2,882,788 | € 3,545,104 | ▲ 23% |
| Retained profit | € 2,402,196 | € 2,510,904 | € 2,576,050 | € 2,662,659 | ▲ 3% |
| Bank debt | € 0 | € 89,225 | € 1,200,000 | € 900,000 | ▼ 25% |
| Balance sheet total | € 2,627,391 | € 2,826,132 | € 4,116,466 | € 3,828,371 | ▼ 7% |
Key figures of COPAR, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to COPAR?
What happened at COPAR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 86,609 (▲ 33% vs 2024). Source: NBB ↗
- Electro Project NV became a director. NBB
- Mady FLAMEZ stepped down as director. NBB
- Mady FLAMEZ became a director. NBB
- New establishment in Deinze. KBO
- Start of the company according to the CBE. KBO
In short
From € 100,549 profit in 2022 to € 86,609 profit in 2025.
Paid € 113,383 in corporate taxes since 2022.
Best year ever: 2023, with € 108,709 profit.
Management
The stake of ELECTRO PROJECT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
COPARBehind COPAR is Electro Project NV. The shares are held by ELECTRO PROJECT (99%).
Directors
According to the 2025 annual accounts
since 2025
Mady FLAMEZ
Director
since 2019 · until 2025
Shareholders
99%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Karrewegstraat 50
9800 Deinze
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0425.491.488
- VAT number
- BE 0425.491.488
- Registered office
- Karrewegstraat 50, 9800 Deinze
- Names & denominations
- COPAR · Copar
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 26 December 1983
- Peppol
- Active · Active since 20 Nov 2025
- Activities · NACE
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige adviesbureaus op het gebied van bedrijfsvoering en beheer
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis