Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 8.9 to 6.9.
Financials
Financial year 2025
COPRABEL from Wavre, company number BE0437066459, closed financial year 2025 with a result of € 1,019 after tax. For that financial year COPRABEL recorded a gross margin of € 504,602 and equity of € 310,451. Compared with financial year 2024, the result moved from € -303,469 to € 1,019. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2026.
€ 310,451
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,019
▲ still € 303,469 loss in 2024
Profit after tax over the fiscal year.
€ 95,252
▲ 67% 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 € -214,549.
People and assets in 2025
6.9
▼ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 345,415
▼ 16% vs 2024
€ 50,100 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.
€ 34,116
▲ 29% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.8 million
▲ 5% vs 2024
€ 1,370 is repaid this year. At this pace the long-term loan is gone in ≈ 218 years.
€ 1.6 million
▲ 7% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 82,898
▲ 21% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 376,615 | € 753,172 | € 308,814 | € 504,602 | ▲ 63% |
| Profit after taxes | € -323,539 | € 1,025 | € -303,469 | € 1,019 | ▲ € 304,488 |
| Equity | € 461,876 | € 612,901 | € 309,432 | € 310,451 | |
| Total debts | € 4,027,076 | € 3,630,551 | € 3,239,369 | € 3,444,145 | ▲ 6% |
| Cash | € 478,663 | € 75,538 | € 57,162 | € 95,252 | ▲ 67% |
| Retained profit | € 86,876 | € 87,901 | € -215,568 | € -214,549 | |
| Bank debt | € 1,973,161 | € 1,744,410 | € 1,674,020 | € 1,757,716 | ▲ 5% |
| Balance sheet total | € 4,488,952 | € 4,243,452 | € 3,548,801 | € 3,754,596 | ▲ 6% |
| Employees (FTE) | 9.7 | 8.9 | 7.4 | 6.9 | ▼ 0.5 |
Key figures of COPRABEL, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to COPRABEL?
What happened at COPRABEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Marie BRUNEAU stepped down as director. NBB
- Michel LECLERCQ stepped down as director. NBB
- Maria NAAMANI stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1,019. filed late Source: NBB ↗
- Marie BRUNEAU became a director. NBB
- Michel LECLERCQ became a director. NBB
- Maria NAAMANI became a director. NBB
- New establishment in Wavre. KBO
In short
From € 323,539 loss in 2022 to € 1,019 profit in 2025.
Paid € 12,018 in corporate taxes since 2022.
Best year ever: 2023, with € 1,025 profit.
On average € 73,100 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
It owns 24.5% of Coprabel Paints Trading LLC and 10% of LEVASSEUR NEWCO itself.
Directors
According to the 2025 annual accounts
since 2023 · until 2029
Michel LECLERCQ
Director
since 2023 · until 2029
Maria NAAMANI
Director
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Avenue Lavoisier 7
1300 Wavre
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0437.066.459
- VAT number
- BE 0437.066.459
- Registered office
- Avenue Lavoisier 7, 1300 Wavre
- Names & denominations
- COPRABEL · COPRABEL LTD
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 March 1989
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
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