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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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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
CNOPAT from Ieper, company number BE0474629215, closed financial year 2025 with a result of € -2,597 after tax. For that financial year CNOPAT recorded a gross margin of € 33,295 and equity of € 619,521. Compared with financial year 2024, the result moved from € -517 to € -2,597. The company made a loss. 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 5, 2026.
€ 619,521
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2,597
▼ 402 % more loss than in 2024
Profit after tax over the fiscal year.
€ 38,950
▼ 12% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 89,521.
Debts at end 2025
€ 197,022
▼ 5% vs 2024
€ 10,874 is repaid this year. At this pace the long-term loan is gone in ≈ 18 years.
€ 13,213
▼ 25% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 39,633 | € 159,139 | € 32,904 | € 33,295 | ▲ 1% |
| Profit after taxes | € 6,403 | € 100,837 | € -517 | € -2,597 | ▼ € 2,080 |
| Equity | € 521,799 | € 622,636 | € 622,118 | € 619,521 | |
| Total debts | € 87,052 | € 127,511 | € 243,505 | € 223,858 | ▼ 8% |
| Cash | € 8,533 | € 52,441 | € 44,346 | € 38,950 | ▼ 12% |
| Land & buildings | € 558,006 | € 484,138 | € 474,436 | € 458,057 | ▼ 3% |
| Retained profit | € -8,201 | € 92,636 | € 92,118 | € 89,521 | ▼ 3% |
| Bank debt | € 4,000 | € 110,398 | € 207,458 | € 197,022 | ▼ 5% |
| Balance sheet total | € 608,851 | € 778,452 | € 893,928 | € 871,683 | ▼ 2% |
Key figures of CNOPAT, 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 CNOPAT?
What happened at CNOPAT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 2,597. Source: NBB ↗
- New establishment in Ieper. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,403 profit in 2022 to € 2,597 loss in 2025.
Paid € 3,966 in corporate taxes since 2022.
Best year ever: 2023, with € 100,837 profit.
Management
Behind CNOPAT are Norbert Van Isacker and Micheline Van Isacker. Norbert Van Isacker is also behind VIC, LEMAHIEU AGRO, LEVACO and IVAMO.
Directors
According to the 2025 annual accounts
Micheline Van Isacker
Director
Establishments
Establishment units
Physical locations of this company
Veurnseweg 21
8900 Ieper
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0474.629.215
- VAT number
- BE 0474.629.215
- Registered office
- Veurnseweg 21, 8900 Ieper
- Names & denominations
- CNOPAT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 April 2001
- Peppol
- Not registered