Financials
Financial year 2025
KOPAL from Kortemark, company number BE0439419601, closed financial year 2025 with a result of € 3.3 million after tax. For that financial year KOPAL recorded revenue of € 26.7 million and equity of € 13.3 million. Compared with financial year 2024, the result moved from € 2.8 million to € 3.3 million. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 3, 2026.
€ 13.3 million
▼ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3.3 million
▲ 20% vs 2024
Profit after tax over the fiscal year.
€ 894,708
▼ 23% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 5.2 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
72
▼ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 5 million
▲ 1% vs 2024
€ 69,400 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.
€ 177,718
▼ 25% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1.7 million
▲ 34% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 35 days on average.
€ 822,457
▲ 21% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 27,318,791 | € 25,020,316 | € 24,703,304 | € 26,685,717 | ▲ 8% |
| Profit after taxes | € 2,817,160 | € 1,104,272 | € 2,782,382 | € 3,349,404 | ▲ 20% |
| Equity | € 15,649,442 | € 14,753,714 | € 15,086,095 | € 13,285,499 | ▼ 12% |
| Total debts | € 4,568,081 | € 3,669,127 | € 3,095,339 | € 6,148,200 | ▲ 99% |
| Cash | € 1,304,646 | € 1,448,972 | € 1,158,875 | € 894,708 | ▼ 23% |
| Land & buildings | € 4,736,490 | € 4,395,361 | € 4,005,444 | € 3,691,729 | ▼ 8% |
| Retained profit | € 15,277,602 | € 14,381,874 | € 14,714,255 | € 12,913,659 | ▼ 12% |
| Dividend | € 1,000,000 | € 2,000,000 | € 2,450,000 | € 5,150,000 | ▲ 110% |
| Bank debt | € 150,000 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 20,344,522 | € 18,549,841 | € 18,333,582 | € 19,460,464 | ▲ 6% |
| Employees (FTE) | 78.6 | 76.8 | 72.2 | 72 | ▼ 0.2 |
Key figures of KOPAL, 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 KOPAL?
What happened at KOPAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- El Golfo BV stepped down as director. NBB
- Lemahieu Marc stepped down as director. NBB
- Telesco BV stepped down as director. NBB
- Tumbaoo BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 3.3 million (▲ 20% vs 2024). Source: NBB ↗
- El Golfo BV became a director. NBB
- Lemahieu Marc became a director. NBB
- Telesco BV became a director. NBB
In short
From € 2.8 million profit in 2022 to € 3.3 million profit in 2025.
Paid € 1.6 million in corporate taxes since 2022.
Best year ever: 2025, with € 3.3 million profit.
Paid out € 10.6 million in dividends to the owners in total.
Management
The stake of TELESCO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
KOPALThe shares are held by TELESCO (99.9%).
Directors
According to the 2025 annual accounts
Director · represented by Tony Talpe
Also active at: SEGAERT AFSLUITINGEN, NOUVEAUX ETABLISSEMENTS BOLOGNE, METAFAN, LAKKERIJ VANDERMAESEN, A.E.V. AFSLUITINGEN, VAN KERCKHOVEN DRAADHANDEL, B.R.T., FencePlus +6 more
since 2025 · until 2031
Lemahieu Marc
Director
since 2025 · until 2031
Managing director · represented by Stefaan Talpe
Also active at: POLAK, NOUVEAUX ETABLISSEMENTS BOLOGNE, B.R.T., TUBEL
since 2025 · until 2031
Director · represented by Stefan Talpe
Also active at: SEGAERT AFSLUITINGEN, NOUVEAUX ETABLISSEMENTS BOLOGNE, METAFAN, LAKKERIJ VANDERMAESEN, A.E.V. AFSLUITINGEN, VAN KERCKHOVEN DRAADHANDEL, B.R.T., FencePlus +6 more
since 2025 · until 2031
Shareholders
99.9%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Ieperstraat 75A
8610 Kortemark
Ieperstraat 75
8610 Kortemark
Active since 22 March 2002
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
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Details
- Company number
- 0439.419.601
- VAT number
- BE 0439.419.601
- Registered office
- Ieperstraat 75A, 8610 Kortemark
- Names & denominations
- KOPAL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 December 1989
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- kopal.be
- Activities · NACE
Vervaardiging van metalen constructiewerken en delen daarvan
Vervaardiging van metalen constructiewerken en onderdelen daarvan
Overige werkzaamheden in verband met de afwerking van gebouwen
Gemengd landbouwbedrijf
Gemengd bedrijf