ACTIVE

COPAR

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Financial year 2025 · closed on 30/09/2025

Net result

86,6 k €

+32.9% YoY

Gross margin

395,8 k €

+55.6% YoY

Equity

2,9 M €

+3.1% YoY

What does COPAR do?

COPAR is a Public limited company incorporated in 1983. Its main activity is: Management consultancy activities. Its registered office is in Deinze.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0425.491.488

Incorporation

26/12/1983

Legal form

Public limited company

Registered office

Karrewegstraat 50
9800 Deinze · FlandreSee on map

Contributed capital

224 700,00 €

Latest accounts

30/09/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities 68310Real estate agencies 68311Real estate agencies 70311Activities of head offices; management consultancy activities

Joint committees (1)

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	395,8 k €	+55.6%	254,4 k €	+7.8%	236 k €	+5.1%	224,6 k €	+14.1%	196,8 k €	+74.6%	112,7 k €	-10.9%	126,5 k €	+3.3%	122,4 k €	-93.0%	1,7 M €	+15.8%	1,5 M €	+7.5%	1,4 M €	-49.9%	2,8 M €	+40.8%	2 M €	+22.4%	1,6 M €	-4.0%	1,7 M €	-8.4%	1,8 M €	+17.6%	1,6 M €	+12.9%	1,4 M €
EBITDA	387,3 k €	+57.3%	246,3 k €	+7.6%	228,9 k €	+5.2%	217,6 k €	+14.7%	189,7 k €	+91.4%	99,1 k €	-12.9%	113,8 k €	+9.6%	103,8 k €	-92.2%	1,3 M €	+27.7%	1 M €	+8.3%	965,9 k €	-59.3%	2,4 M €	+30.3%	1,8 M €	+48.7%	1,2 M €	-6.1%	1,3 M €	-11.2%	1,5 M €	+19.5%	1,2 M €	+17.5%	1 M €
Operating result	154,1 k €	+43.6%	107,3 k €	-26.0%	145 k €	+8.0%	134,2 k €	+13.1%	118,7 k €	+65.1%	71,9 k €	-17.7%	87,3 k €	+8.2%	80,7 k €	-93.6%	1,3 M €	+25.2%	1 M €	+6.0%	952,8 k €	-59.6%	2,4 M €	+30.8%	1,8 M €	+49.2%	1,2 M €	-6.7%	1,3 M €	-11.5%	1,5 M €	+19.8%	1,2 M €	+18.2%	1 M €
Net result	86,6 k €	+32.9%	65,1 k €	-40.1%	108,7 k €	+8.1%	100,5 k €	+13.2%	88,8 k €	+74.2%	51 k €	-16.9%	61,3 k €	+10.8%	55,3 k €	-93.5%	845,4 k €	+26.1%	670,7 k €	+6.7%	628,5 k €	-60.2%	1,6 M €	+1.4%	1,6 M €	-65.3%	4,5 M €	+295%	1,1 M €	-17.4%	1,4 M €	+4.2%	1,3 M €	+22.0%	1,1 M €
Balance sheet
Equity	2,9 M €	+3.1%	2,8 M €	+2.4%	2,7 M €	+4.1%	2,6 M €	+4.0%	2,5 M €	+3.6%	2,4 M €	+2.1%	2,4 M €	+2.6%	2,3 M €	-52.2%	4,9 M €	+21.0%	4 M €	+20.0%	3,3 M €	+23.1%	2,7 M €	+3.1%	2,6 M €	-88.3%	22,6 M €	+24.8%	18,1 M €	+6.7%	16,9 M €	+8.8%	15,6 M €	+9.3%	14,2 M €
Total assets	3,8 M €	-7.0%	4,1 M €	+45.7%	2,8 M €	+7.6%	2,6 M €	+4.0%	2,5 M €	+3.6%	2,4 M €	+2.1%	2,4 M €	+1.9%	2,3 M €	-54.6%	5,2 M €	+20.6%	4,3 M €	+24.6%	3,4 M €	+10.8%	3,1 M €	-56.3%	7,1 M €	-69.2%	23 M €	+24.2%	18,6 M €	+5.1%	17,7 M €	+8.2%	16,3 M €	+9.3%	14,9 M €
Cash	195,6 k €	-83.7%	1,2 M €	-27.7%	1,7 M €	+9.1%	1,5 M €	+13.9%	1,3 M €	-32.2%	2 M €	+2.7%	1,9 M €	+3.9%	1,9 M €	-0.8%	1,9 M €	+112%	878,4 k €	+274%	235,1 k €	+373%	49,7 k €	-98.8%	4,1 M €	-79.4%	20 M €	+37.9%	14,5 M €	+6.1%	13,7 M €	+3137%	422,3 k €	-85.8%	3 M €
Debts	934,1 k €	-29.0%	1,3 M €	+1353%	90,5 k €	+18188%	495 €	+1785%	26,3 €	-92.5%	350,9 €	+387%	72,1 €	-99.5%	16 k €	-94.6%	296,5 k €	+18.7%	249,9 k €	+198%	83,9 k €	-77.7%	376,3 k €	-91.5%	4,4 M €	+2246%	189,4 k €	-3.7%	196,8 k €	-12.4%	224,7 k €	-6.4%	240,1 k €	+24.3%	193,2 k €
Other
Workforce	–		–		–		–		–		–		–		–		4,9 ETP	0.0%	4,9 ETP	0.0%	4,9 ETP	0.0%	4,9 ETP	-7.5%	5,3 ETP	0.0%	5,3 ETP	0.0%	5,3 ETP	-3.6%	5,5 ETP	0.0%	5,5 ETP	-1.8%	5,6 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 21 ended

Active mandates

ELECTRO PROJECT

Director · since 12 mars 2025 · 0427.573.426

Represented by Karel DEWULF

Active

Mady FLAMEZ

Director · since 22 février 2019 · until 12 mars 2025

Active

Ended mandates

ELECTRO PROJECT

Managing director · since 20 décembre 2019 · until 22 février 2025 · 0427.573.426

Represented by Karel DEWULF

Ended

ELECTRO PROJECT

Managing director · since 20 décembre 2019 · 0427.573.426

Represented by Karel DEWULF

Ended

ELECTRO PROJECT

Managing director · since 22 février 2019 · until 22 février 2025 · 0427.573.426

Represented by Karel DEWULF

Ended

Karel DEWULF

Managing director · since 22 février 2019 · until 20 décembre 2019

Ended

At this address

Other companies at this address

Company	CBE no.
BE STAGOBEL● Active	0553.876.532
ELECTRO PROJECT● Active	0427.573.426
Stagobel● Active	0408.055.046

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Micro model	Micro model	Micro model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	04/03/2026	25/03/2025	25/04/2024	21/03/2023	22/03/2022	19/03/2021
General meeting	27/02/2026	12/03/2025	08/03/2024	24/02/2023	25/02/2022	26/02/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/09/2025	27/02/2026	04/03/2026	Dutch	PDF
Abridged model	30/09/2024	12/03/2025	25/03/2025	Dutch	PDF
Abridged model	30/09/2023	08/03/2024	25/04/2024	Dutch	PDF
Micro model	30/09/2022	24/02/2023	21/03/2023	Dutch	PDF
Micro model	30/09/2021	25/02/2022	22/03/2022	Dutch	PDF
Micro model	30/09/2020	26/02/2021	19/03/2021	Dutch	PDF
Micro model	30/09/2019	28/02/2020	19/03/2020	Dutch	PDF
Abridged model	30/09/2018	22/02/2019	26/03/2019	Dutch	PDF
Abridged model	30/09/2017	23/02/2018	30/03/2018	Dutch	PDF
Abridged model	30/09/2016	24/02/2017	28/03/2017	Dutch	PDF
Abridged model	30/09/2015	26/02/2016	24/03/2016	Dutch	PDF
Abridged model	30/09/2014	27/02/2015	31/03/2015	Dutch	PDF
Abridged model	30/09/2013	28/02/2014	18/03/2014	Dutch	PDF
Abridged model	30/09/2012	22/02/2013	08/04/2013	Dutch	PDF
Abridged model	30/09/2011	24/02/2012	09/03/2012	Dutch	PDF
Abridged model	30/09/2010	25/02/2011	29/04/2011	Dutch	PDF
Abridged model	30/09/2009	26/02/2010	11/03/2010	Dutch	PDF
Abridged model	30/09/2008	27/02/2009	30/03/2009	Dutch	PDF
Abridged model	30/09/2007	29/02/2008	03/03/2008	Dutch	PDF
Abridged model	30/09/2006	23/02/2007	20/03/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 21 ended

Active mandates

ELECTRO PROJECT

Director · since 12 mars 2025 · 0427.573.426

Represented by Karel DEWULF

Active

Mady FLAMEZ

Director · since 22 février 2019 · until 12 mars 2025

Active

Ended mandates

ELECTRO PROJECT

Managing director · since 20 décembre 2019 · until 22 février 2025 · 0427.573.426

Represented by Karel DEWULF

Ended

ELECTRO PROJECT

Managing director · since 20 décembre 2019 · 0427.573.426

Represented by Karel DEWULF

Ended

ELECTRO PROJECT

Managing director · since 22 février 2019 · until 22 février 2025 · 0427.573.426

Represented by Karel DEWULF

Ended

Karel DEWULF

Managing director · since 22 février 2019 · until 20 décembre 2019

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates30/04/2025
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares09/04/2020
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING - DOEL - KAPITAAL - AANDELEN
PDF
Mandates17/01/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/04/2019
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring09/06/2017
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring31/01/2017
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates03/05/2013
ONTSLAGEN - BENOEMINGEN
PDF
Other17/01/2012
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 202586,6 k €↑
2024
Annual accounts 202465,1 k €↓
2023
Annual accounts 2023108,7 k €↑
2022
Annual accounts 2022100,5 k €↑
2021
Annual accounts 202188,8 k €↑
2020
Annual accounts 202051 k €↓
2019
Annual accounts 201961,3 k €↑
2018
Annual accounts 201855,3 k €↓
2016
Annual accounts 2016845,4 k €↑
2015
Annual accounts 2015670,7 k €↑
2014
Annual accounts 2014628,5 k €↓
2013
Annual accounts 20131,6 M €↑
2012
Annual accounts 20121,6 M €↓
2011
Annual accounts 20114,5 M €↑
2010
Annual accounts 20101,1 M €↓
2009
Annual accounts 20091,4 M €↑
2008
Annual accounts 20081,3 M €↑
2007
Annual accounts 20071,1 M €
26/12/1983
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

COPAR

Overview

What does COPAR do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline