Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
-
Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
COPA from Holsbeek, company number BE0451825703, closed financial year 2025 with a result of € -2,094 after tax. For that financial year COPA recorded a gross margin of € 1,705 and equity of € -38,689. Compared with financial year 2024, the result moved from € -2,975 to € -2,094. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 28, 2026.
€ -38,689
▼ € 2,094 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2,094
▲ 30 % less loss than in 2024
Profit after tax over the fiscal year.
€ 243
▼ 5% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -101,189.
People and assets in 2025
€ 1,670
▼ 60% vs 2024
Of which on lease € 1,670.
Debts at end 2025
€ 2,633
▼ 51% vs 2024
Loans from banks and other lenders, long and short.
€ 684
▼ 40% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,815 | € 1,042 | € 1,200 | € 1,705 | ▲ 42% |
| Profit after taxes | € -3,384 | € -3,152 | € -2,975 | € -2,094 | ▲ € 881 |
| Equity | € -30,467 | € -33,619 | € -36,594 | € -38,689 | ▼ € 2,094 |
| Total debts | € 47,446 | € 47,716 | € 47,612 | € 46,963 | ▼ 1% |
| Cash | € 758 | € 606 | € 257 | € 243 | ▼ 5% |
| Land & buildings | € 6,197 | € 6,197 | € 6,197 | € 6,197 | |
| Retained profit | € -92,967 | € -96,119 | € -99,094 | € -101,189 | ▼ € 2,094 |
| Bank debt | € 10,244 | € 7,916 | € 5,385 | € 2,633 | ▼ 51% |
| Balance sheet total | € 16,979 | € 14,097 | € 11,018 | € 8,274 | ▼ 25% |
Key figures of COPA, 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 COPA?
What happened at COPA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Nathalie Coenen stepped down as director. NBB
- Simonne Adriaens stepped down as director. NBB
- Virginie Coenen stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 2,094. Source: NBB ↗
- Nathalie Coenen became a director. NBB
- Virginie Coenen became a director. NBB
- New establishment in Holsbeek. KBO
- Simonne Adriaens became a director. NBB
In short
From € 3,384 loss in 2022 to € 2,094 loss in 2025.
Management
Directors
According to the 2025 annual accounts
Nathalie Coenen
Director
since 2016 · until 2028
Simonne Adriaens
Director
since 1994 · until 2028
Virginie Coenen
Director
since 2016 · until 2028
Establishments
Establishment units
Physical locations of this company
Geremtestraat 4 box B
3220 Holsbeek
Geremtestraat 4 B
3220 Holsbeek
Active since 28 January 1994
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
- 0451.825.703
- VAT number
- BE 0451.825.703
- Registered office
- Geremtestraat 4 bus B, 3220 Holsbeek
- Names & denominations
- COPA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 10 January 1994
- Peppol
- Not registered