ACTIVE

COPAGA

Export PDF

Financial year 2025 · closed on 30/09/2025

Net result

30,4 k €

-69.2% YoY

Gross margin

198,1 k €

-35.6% YoY

Equity

832,6 k €

+3.8% YoY

Workforce

0,5 ETP

0.0% YoY

What does COPAGA do?

COPAGA is a Private limited company incorporated in 1989. Its main activity is: Retail sale in non-specialised stores with food, beverages or tobacco predominating. Its registered office is in Frameries. It employs on average 0,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0438.513.244

Incorporation

13/10/1989

Legal form

Private limited company

Registered office

Le Verger 6 box 3.4
7080 Frameries · WallonieSee on map

Contributed capital

50 000,00 €

Latest accounts

30/09/2025

Average workforce

0,5 ETP

Activities (NACE)

47110Retail sale in non-specialised stores with food, beverages or tobacco predominating· main 47112Retail sale in non-specialised stores with food, beverages or tobacco predominating 52112Warehousing and storage

Joint committees (2)

Contacts

1 public detail availableLog in to view

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	198,1 k €	-35.6%	307,6 k €	+2.2%	301 k €	+28.5%	234,2 k €	+20.8%	193,8 k €	-10.5%	216,6 k €	-14.9%	254,4 k €	-1.6%	258,4 k €	+1.1%	255,5 k €	+2.8%	248,5 k €	+0.5%	247,3 k €	-3.2%	255,4 k €	+21.7%	209,7 k €	+2.1%	205,5 k €	+21.8%	168,7 k €	+38.4%	121,9 k €	-84.0%	760,3 k €	+138%	319,1 k €	-33.7%	481,2 k €	-15.0%	566,2 k €
EBITDA	140,7 k €	-43.7%	250,1 k €	+1.2%	247,2 k €	+43.4%	172,4 k €	+10.9%	155,5 k €	-8.1%	169,2 k €	-17.9%	206,1 k €	-2.9%	212,2 k €	+3.1%	205,8 k €	+2.1%	201,5 k €	-0.2%	201,8 k €	-0.4%	202,6 k €	+22.5%	165,4 k €	+0.7%	164,3 k €	+46.2%	112,3 k €	+25.8%	89,3 k €	-87.4%	708,1 k €	+631%	96,9 k €	-57.8%	229,7 k €	+9.4%	209,9 k €
Operating result	66,7 k €	-62.1%	176,1 k €	+2.4%	172 k €	+76.9%	97,3 k €	+21.0%	80,4 k €	-0.1%	80,5 k €	-26.5%	109,4 k €	-5.1%	115,2 k €	+5.9%	108,8 k €	+3.8%	104,8 k €	-0.3%	105,1 k €	-0.9%	106,1 k €	+66.9%	63,6 k €	+1.9%	62,4 k €	+551%	-13,8 k €	-142%	32,8 k €	-95.1%	675 k €	+4214%	15,6 k €	-87.0%	120,3 k €	+3.6%	116 k €
Net result	30,4 k €	-69.2%	98,6 k €	+8.5%	90,9 k €	+145%	37 k €	+60.0%	23,1 k €	+18.7%	19,5 k €	-48.5%	37,9 k €	+12.4%	33,7 k €	+24.1%	27,2 k €	+15.5%	23,5 k €	-20.8%	29,7 k €	-30.0%	42,5 k €	+2614%	-1,7 k €	+57.6%	-4 k €	+91.8%	-48,9 k €	-236%	35,9 k €	-92.1%	454 k €	+2323%	18,7 k €	-78.3%	86,4 k €	+15.8%	74,6 k €
Balance sheet
Equity	832,6 k €	+3.8%	802,3 k €	+14.0%	703,7 k €	+14.8%	612,8 k €	+6.4%	575,8 k €	+4.2%	552,6 k €	+3.7%	533,1 k €	-21.0%	675,2 k €	+5.3%	641,5 k €	+4.4%	614,3 k €	+4.0%	590,8 k €	+5.3%	561,1 k €	-12.1%	638,6 k €	-0.3%	640,3 k €	-0.6%	644,3 k €	-32.9%	959,9 k €	-1.2%	971,9 k €	+87.7%	517,9 k €	+3.8%	499,1 k €	+20.9%	412,8 k €
Total assets	1,5 M €	-9.4%	1,7 M €	-4.6%	1,7 M €	-3.1%	1,8 M €	-4.9%	1,9 M €	-3.5%	2 M €	-3.9%	2 M €	-5.9%	2,2 M €	-5.7%	2,3 M €	-3.8%	2,4 M €	-3.2%	2,5 M €	-10.2%	2,8 M €	+4.2%	2,6 M €	-4.1%	2,8 M €	-6.4%	2,9 M €	+62.9%	1,8 M €	+48.4%	1,2 M €	+32.0%	922,7 k €	-14.0%	1,1 M €	+1.2%	1,1 M €
Cash	176,4 k €	-39.1%	289,4 k €	+3.6%	279,2 k €	+2.5%	272,4 k €	-5.7%	288,9 k €	+2.0%	283,2 k €	-0.0%	283,2 k €	-5.1%	298,5 k €	-10.2%	332,3 k €	+0.9%	329,2 k €	+7.9%	305,2 k €	-35.3%	471,8 k €	+63.1%	289,2 k €	+7.2%	269,8 k €	-24.1%	355,3 k €	-50.5%	718,4 k €	-5.1%	756,8 k €	+889%	76,5 k €	-80.2%	387 k €	+5.5%	367 k €
Debts	645,8 k €	-21.5%	822,4 k €	-17.1%	992,4 k €	-12.2%	1,1 M €	-9.6%	1,2 M €	-6.3%	1,3 M €	-5.7%	1,4 M €	+1.6%	1,4 M €	-9.8%	1,5 M €	-6.6%	1,7 M €	-5.3%	1,7 M €	-14.7%	2 M €	+10.8%	1,8 M €	-5.2%	1,9 M €	-8.7%	2,1 M €	+214%	678,4 k €	+1005%	61,4 k €	-84.8%	404 k €	-29.0%	569 k €	-11.9%	646,1 k €
Other
Workforce	0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP		–		0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP	-75.0%	2,0 ETP	-83.3%	12,0 ETP	-7.7%	13,0 ETP	-13.3%	15,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 2 ended

Active mandates

MERINA GANDOSSI

Director

Active

Ended mandates

MERINA GANDOSSI

Director · since 17 décembre 2002

Ended

MERINA GANDOSSI

Manager · since 17 décembre 2002

Ended

At this address

Other companies at this address

Company	CBE no.
ASSOCIATION DES COPROPRIETAIRES DE LA RESIDENCE LE MARAIS A FRAMERIES RUE LE VERGER 6● Active	0831.198.344
SERVICE - ETUDE - COMMERCE● Active	0430.638.923

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	22/04/2026	15/05/2025	08/05/2024	18/05/2023	30/04/2022	27/04/2021
General meeting	16/02/2026	17/02/2025	19/02/2024	20/02/2023	21/02/2022	15/02/2021
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/09/2025	16/02/2026	22/04/2026	French	PDF
Abridged model	30/09/2024	17/02/2025	15/05/2025	French	PDF
Abridged model	30/09/2023	19/02/2024	08/05/2024	French	PDF
Abridged model	30/09/2022	20/02/2023	18/05/2023	French	PDF
Abridged model	30/09/2021	21/02/2022	30/04/2022	French	PDF
Abridged model	30/09/2020	15/02/2021	27/04/2021	French	PDF
Abridged model	30/09/2019	17/02/2020	29/04/2020	French	PDF
Abridged model	30/09/2018	18/02/2019	25/03/2019	French	PDF
Abridged model	30/09/2017	19/02/2018	26/03/2018	French	PDF
Abridged model	30/09/2016	20/02/2017	10/03/2017	French	PDF
Abridged model	30/09/2015	15/02/2016	01/04/2016	French	PDF
Abridged model	30/09/2014	16/02/2015	11/03/2015	French	PDF
Abridged model	30/09/2013	17/02/2014	20/03/2014	French	PDF
Abridged model	30/09/2012	18/02/2013	26/04/2013	French	PDF
Abridged model	30/09/2011	20/02/2012	26/04/2012	French	PDF
Abridged model	30/09/2010	21/02/2011	27/04/2011	French	PDF
Abridged model	30/09/2009	15/02/2010	28/04/2010	French	PDF
Abridged model	30/09/2008	16/02/2009	29/04/2009	French	PDF
Abridged model	30/09/2007	20/02/2008	10/03/2008	French	PDF
Abridged model	30/09/2006	21/02/2007	30/05/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 1 active · 2 ended

Active mandates

MERINA GANDOSSI

Director

Active

Ended mandates

MERINA GANDOSSI

Director · since 17 décembre 2002

Ended

MERINA GANDOSSI

Manager · since 17 décembre 2002

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates06/09/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DENOMINATION - OBJET - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
PDF
Capital / shares22/07/2019
CAPITAL, ACTIONS
PDF
Capital / shares16/10/2014
CAPITAL, ACTIONS
PDF
Registered office31/05/2013
SIEGE SOCIAL
PDF
Registered office10/05/2011
SIEGE SOCIAL - ADRESSE AUTRE QUE SIEGE SOCIAL
PDF
Registered office29/12/2008
SIEGE SOCIAL - ADRESSE AUTRE QUE SIEGE SOCIAL
PDF
Mandates04/05/2004
DENOMINATION - CAPITAL, ACTIONS - ASSEMBLEE GENERALE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates20/02/2003
DEMISSIONS, NOMINATIONS
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 202530,4 k €↓
2024
Annual accounts 202498,6 k €↑
2023
Annual accounts 202390,9 k €↑
2022
Annual accounts 202237 k €↑
2021
Annual accounts 202123,1 k €↑
2020
Annual accounts 202019,5 k €↓
2019
Annual accounts 201937,9 k €↑
2018
Annual accounts 201833,7 k €↑
2017
Annual accounts 201727,2 k €↑
2016
Annual accounts 201623,5 k €↓
2015
Annual accounts 201529,7 k €↓
2014
Annual accounts 201442,5 k €↑
2013
Annual accounts 2013-1,7 k €↑
2012
Annual accounts 2012-4 k €↑
2011
Annual accounts 2011-48,9 k €↓
2010
Annual accounts 201035,9 k €↓
2009
Annual accounts 2009454 k €↑
2008
Annual accounts 200818,7 k €↓
2007
Annual accounts 200786,4 k €↑
2006
Annual accounts 200674,6 k €
13/10/1989
IncorporationPrivate 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

COPAGA

Overview

What does COPAGA do?

Trend over 20 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