NORMAL SITUATION

Copine

Financial year 2021 · closed on 31/12/2021
Net result
-28,3 k €
-79.0% YoY
Gross margin
77,3 k €
-23.2% YoY
Equity
7,6 k €
-78.8% YoY
Workforce
3,9 ETP
-17.0% YoY

Company — Normal situation.

What does Copine do?

Copine is a company registered in Belgium. It employs on average 3,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0672.866.729
Legal form
Private company with limited liability
Contributed capital
18 600,00 €
Latest accounts
31/12/2021
Average workforce
3,9 ETP
Joint committees (1)
  • 302
Signals
Positive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 4 financial years

2021202020192018
Income statement
Gross margin77,3 k €100,6 k €150,9 k €240,5 k €
EBITDA4,2 k €23,2 k €62,6 k €94,6 k €
Operating result-26,5 k €-7,8 k €27,8 k €34,9 k €
Net result-28,3 k €-15,8 k €16,7 k €16,4 k €
Balance sheet
Equity7,6 k €35,9 k €51,7 k €35 k €
Total assets74,7 k €140,9 k €162,3 k €172,5 k €
Cash5,6 k €7,3 k €3,9 k €4,4 k €
Debts67,1 k €105 k €110,6 k €136,9 k €
Other
Workforce3,9 ETP4,7 ETP4,9 ETP2,8 ETP
Governance

Board of directors

Seen on filing of 31/12/2021 · 1 active · 6 ended

Active mandates

Xavier Maes

Chairman of the board of directors · since 01 janvier 2021

Active

Ended mandates

Kim Merz

Director · since 01 janvier 2020

Ended
Xavier Maes

Director · since 01 janvier 2020

Ended
Kim Merz

Director · since 01 janvier 2019

Ended
Xavier Maes

Director · since 01 janvier 2019

Ended
Annual accounts

Full financial information

2021202020192018
Type of accountAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202101/01/202001/01/201921/03/2017
Closing of the financial year31/12/202131/12/202031/12/201931/12/2018
Length of the financial year12 months12 months12 months22 months
Filing date12/07/202209/06/202128/10/202030/07/2019
General meeting07/04/202210/03/202116/06/202018/06/2019
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

4 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202107/04/202212/07/2022DutchPDF
Abridged model31/12/202010/03/202109/06/2021DutchPDF
Abridged model31/12/201916/06/202028/10/2020DutchPDF
Abridged model31/12/201818/06/201930/07/2019DutchPDF
Estimate

Indicative valuation

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 31/12/2021 · 1 active · 6 ended

Active mandates

Xavier Maes

Chairman of the board of directors · since 01 janvier 2021

Active

Ended mandates

Kim Merz

Director · since 01 janvier 2020

Ended
Xavier Maes

Director · since 01 janvier 2020

Ended
Kim Merz

Director · since 01 janvier 2019

Ended
Xavier Maes

Director · since 01 janvier 2019

Ended
Shareholders

Ownership and network

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Competition

Similar companies

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

See the Business plan

Timeline

  1. 2021
    Annual accounts 2021-28,3 k €
  2. 2020
    Annual accounts 2020-15,8 k €
  3. 2019
    Annual accounts 201916,7 k €
  4. 2018
    Annual accounts 201816,4 k €