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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Tight liquidity NBB
Cash and receivables cover 57 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
KOPAN from Antwerpen, company number BE0437294410, closed financial year 2025 with a result of € 269 after tax. For that financial year KOPAN recorded a gross margin of € 8,819 and equity of € 47,672. Compared with financial year 2024, the result moved from € -3,459 to € 269. 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 January 29, 2026.
€ 47,672
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 269
▲ still € 3,459 loss in 2024
Profit after tax over the fiscal year.
€ 93,261
▼ 9% 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 € 20,119.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 8,816 | € 25,996 | € 15,195 | € 8,819 | ▼ 42% |
| Profit after taxes | € -5,790 | € 11,225 | € -3,459 | € 269 | ▲ € 3,728 |
| Equity | € 39,637 | € 50,862 | € 47,403 | € 47,672 | ▲ 1% |
| Total debts | € 310,287 | € 297,523 | € 297,749 | € 298,168 | |
| Cash | € 88,086 | € 115,845 | € 102,277 | € 93,261 | ▼ 9% |
| Land & buildings | € 125,515 | € 121,904 | € 118,292 | € 114,681 | ▼ 3% |
| Retained profit | € 12,084 | € 23,309 | € 19,850 | € 20,119 | ▲ 1% |
| Bank debt | € 0 | € 85 | € 0 | € 0 | |
| Balance sheet total | € 349,924 | € 348,385 | € 345,152 | € 345,840 |
Key figures of KOPAN, 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 January 2027.
What happened to KOPAN?
What happened at KOPAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 269. Source: NBB ↗
- New establishment in Antwerpen. KBO
- JULIENNE, M.V. MICHIELSEN became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 5,790 loss in 2022 to € 269 profit in 2025.
Paid € 3,216 in corporate taxes since 2022.
Best year ever: 2023, with € 11,225 profit.
A new publication or filing at KOPAN? We notify you, reason included.
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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
Behind KOPAN is JULIENNE, M.V. MICHIELSEN.
Directors
According to the 2025 annual accounts
JULIENNE, M.V. MICHIELSEN
Managing director
since 1989
Establishments
Establishment units
Physical locations of this company
Amerikalei 39
2000 Antwerpen
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.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0437.294.410
- VAT number
- BE 0437.294.410
- Registered office
- Amerikalei 39, 2000 Antwerpen
- Names & denominations
- KOPAN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 April 1989
- Peppol
- Not registered
- Contact
- kopan.be