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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 54 % of short-term debt in 2024; 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 2024
COEPA from Grâce-Hollogne, company number BE0472123744, closed financial year 2024 with a result of € -9,333 after tax. For that financial year COEPA recorded a gross margin of € 32,985 and equity of € -56,640. Compared with financial year 2023, the result moved from € 46,087 to € -9,333. 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 August 6, 2025.
€ -56,640
▼ € 9,333 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -9,333
▼ still € 46,087 profit in 2023
Profit after tax over the fiscal year.
€ 9,049
▼ 35% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -118,640.
People and assets in 2024
€ 39,383
▼ 40% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 154
▼ 50% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 25,677
▲ 295% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 63,783
▲ 12% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 34,549 | € 84,239 | € 90,226 | € 32,985 | ▼ 63% |
| Profit after taxes | € -54,672 | € -9,715 | € 46,087 | € -9,333 | ▼ € 55,420 |
| Equity | € -83,679 | € -93,394 | € -47,307 | € -56,640 | ▼ € 9,333 |
| Total debts | € 132,712 | € 193,134 | € 132,911 | € 151,376 | ▲ 14% |
| Cash | - | € 16,380 | € 13,983 | € 9,049 | ▼ 35% |
| Retained profit | € -145,679 | € -155,394 | € -109,307 | € -118,640 | ▼ € 9,333 |
| Bank debt | € 539 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 49,033 | € 99,741 | € 85,604 | € 94,736 | ▲ 11% |
| Employees (FTE) | 3.7 | - | - | - |
Key figures of COEPA, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to COEPA?
What happened at COEPA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 9,333 (▼ € 55,420 vs 2023). filed late Source: NBB ↗
- New establishment in Grâce-Hollogne. KBO
- Start of the company according to the CBE. KBO
In short
From € 54,672 loss in 2021 to € 9,333 loss in 2024.
Best year ever: 2023, with € 46,087 profit.
On average € 9,300 of value added per employee in 2021.
Establishments
Establishment units
Physical locations of this company
Rue du Travail 12/1
4460 Grâce-Hollogne
Rue du Travail 12 box 1
4460 Grâce-Hollogne
Active since 2 November 2000
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.
Details
- Company number
- 0472.123.744
- VAT number
- BE 0472.123.744
- Registered office
- Rue du Travail 12/1, 4460 Grâce-Hollogne
- Names & denominations
- COEPA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 June 2000
- Peppol
- Not registered
- Activities · NACE
Vervaardiging van zuivelproducten
Zuivelfabrieken en kaasmakerijen