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 58 % of short-term debt in 2021; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2021
Choice co-op from Leuven, company number BE0721493126, closed financial year 2021 with a result of € -19,088 after tax. For that financial year Choice co-op recorded a gross margin of € -17,719 and equity of € 6.7 million. 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 October 17, 2022.
€ 6.7 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -19,088
Profit after tax over the fiscal year.
€ 1,392
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -31,020.
Debts at end 2021
None
No bank loans on the last day of the fiscal year.
€ 22,230
Supplier invoices still open on the last day of the fiscal year.
€ 10,909
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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What happened to Choice co-op?
What happened at Choice co-op in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
Choice co-op is active according to the CBE. Legal situation: Opening faillissement.
- Bart Van Coppenolle stepped down as director. NBB
- Philip Vandormael stepped down as director. NBB
- New annual accounts for financial year 2021: loss of € 19,088. filed late Source: NBB ↗
- New establishment in Houthalen-Helchteren. KBO
- Bart Van Coppenolle became a director. NBB
- Philip Vandormael became a director. NBB
- Start of the company according to the CBE. KBO
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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
Directors
According to the 2021 annual accounts
Bart Van Coppenolle
Director
since 2019 · until 2025
Philip Vandormael
Managing director
since 2019 · until 2025
Establishments
Establishment units
Physical locations of this company
Tiensesteenweg 346
3000 Leuven
Donderslagweg 25 box 6
3530 Houthalen-Helchteren
Active since 22 February 2019
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0721.493.126
- VAT number
- BE 0721.493.126
- Registered office
- Tiensesteenweg 346, 3000 Leuven
- Names & denominations
- Choice co-op
- Enterprise type
- Rechtspersoon
- Legal form
- Cooperative company
- Legal situation
- Opening faillissement
- Start date
- 22 February 2019
- Peppol
- Not registered