A.A. COOL - TECH
ActiveSummary
A.A. COOL - TECH has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.50M and a net result of €460k. Equity is growing by ~13.4% per year across the filed fiscal years. Its solvency ranks better than 95% of 127 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
89
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability84▼-4
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €310k at 30 days acceptable
Liquidity ample (current ratio 17.23 against 12.22 in 2024; short-term debt: 5.2% and cash: 52% of total assets), and 6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 27
Relative position
BE, all sectors
reference
Sector 27
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
94%
Return on assets
12.3%
Age of the figures
18 mo
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 24-11-2025, 24 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
24 d late
2024
9 d late
2023
29 d early
2022
on the day
2021
4 d early
2020
10 d late
2019
7 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close24-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€3.50M▲ 15.1%
2024 · €3.04M
2019: €2.07M
2020: €2.35M
2021: €1.87M
2022: €2.20M
2023: €2.53M
2024: €3.04M
2019 → 2025
Total assets
€3.73M▲ 11.4%
2024 · €3.35M
2019: €2.42M
2020: €2.70M
2021: €2.97M
2022: €2.52M
2023: €2.88M
2024: €3.35M
2019 → 2025
Net result
€460k▼ 9.9%
2024 · €511k
2019: €243k
2020: €286k
2021: €342k
2022: €337k
2023: €335k
2024: €511k
2019 → 2025
Working capital
€3.17M▲ 16.6%
2024 · €2.72M
2019: €1.66M
2020: €1.90M
2021: €1.44M
2022: €1.76M
2023: €2.06M
2024: €2.72M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.87M-€2.20M▲ 17.7%€2.53M▲ 15.2%€3.04M▲ 20.2%€3.50M▲ 15.1%
Operating result€513k-€513k▲ 0.1%€497k▼ 3.2%€753k▲ 51.6%€636k▼ 15.6%
Net result€342k-€337k▼ 1.5%€335k▼ 0.6%€511k▲ 52.3%€460k▼ 9.9%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 16% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.73M
Fixed assets
€358k ▼ 6.7%
Current assets
€3.37M ▲ 13.7%
Equity and liabilities €3.73M
Equity
€3.50M ▲ 15.1%
Debt
€222k ▼ 26.4%
Debt's share of the balance-sheet total falls from 9.0% to 6.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€661k▼
2024 · €784k
Cash flow
€486k▼
2024 · €541k
Current ratio
17.23▲
2024 · 12.22
Quick ratio
17.16▲
2024 · 12.11
Debt to equity
0.06▼
2024 · 0.10
ROE
13.1%▼
2024 · 16.8%
ROA
12.3%▼
2024 · 15.3%
Interest coverage
93.47▼
2024 · 150.07
Debt ≤ 1 year
€196k▼
2024 · €242k
Debt > 1 year
€23k▼
2024 · €57k
Income taxes
€216k▼
2024 · €239k
Staff costs
€101k▼
2024 · €146k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 54 lines
Balance sheet
Code20242025
Assets
Total assets20/58€3.35M€3.73M▲
Fixed assets21/28€383k€358k▼
Tangible fixed assets22/27€383k€358k▼
Land and buildings22€347k€333k▼
Furniture and vehicles24€36k€25k▼
Current assets29/58€2.96M€3.37M▲
Stocks and contracts in progress3€27k€12k▼
Stocks30/36€27k€12k▼
Amounts receivable within one year40/41€68k€97k▲
Trade receivables40€44k€83k▲
Other amounts receivable41€24k€14k▼
Current investments50/53€2.75M€1.32M▼
Cash at bank and in hand54/58€113k€1.94M▲
Deferred charges and accrued income490/1€3k-
Equity and liabilities
Total equity and liabilities10/49€3.35M€3.73M▲
Equity10/15€3.04M€3.50M▲
Contributions10/11€19k€19k=
Outside capital11€19k€19k=
Other1109/19€19k€19k=
Revaluation surpluses12€19k€19k=
Reserves13€3.01M€3.47M▲
Distributable reserves133€3.01M€3.47M▲
Profit (loss) carried forward14€714€714=
Amounts payable17/49€302k€222k▼
Amounts payable after more than one year17€57k€23k▼
Financial debts170/4€57k€23k▼
Amounts payable within one year42/48€242k€196k▼
Current portion of amounts payable after more than one year42€35k€34k▼
Trade debts44€81k€67k▼
Suppliers440/4€81k€67k▼
Taxes, remuneration and social security45€95k€55k▼
Taxes450/3€91k€53k▼
Remuneration and social security454/9€5k€2k▼
Other amounts payable47/48€30k€40k▲
Accrued charges and deferred income492/3€2k€3k▲
Income statement
Code20242025
Non-recurring operating income76A€111k-
Remuneration, social security and pensions62€146k€101k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€31k€26k▼
Other operating charges640/8€7k€4k▼
Gross operating margin9900€937k€766k▼
Operating profit (loss)9901€753k€636k▼
Financial income75/76B€2k€47k▲
Recurring financial income75€2k€47k▲
Financial charges65/66B€5k€7k▲
Recurring financial charges65€5k€7k▲
Profit (loss) for the period before taxes9903€750k€676k▼
Income taxes67/77€239k€216k▼
Profit (loss) for the period9904€511k€460k▼
Profit (loss) for the period to be appropriated9905€511k€460k▼
Appropriation of the result
Profit (loss) to be appropriated9906€511k€461k▼
Profit (loss) brought forward from the previous period14P€714€714=
Transfer to equity691/2€511k€460k▼
To other reserves6921€511k€460k▼
Social balance
Average headcount (FTE)90872.01.5▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
24-11
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 24 days late
2024
09-11
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 9 days late
31-03
Financial
Highest result since 2019net €511k ▲52.3%
Operating result €753k, net result €511k, both a record.
2023
02-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
31-03
Financial
Liquidity quadruplescurrent ratio 10.78
Current ratio from 2.56 to 10.78; short-term debt falls from €928k to €180k.
31-03
Financial
Equity above €2MEq €2.20M ▲17.7%
4 profitable years in a row build equity to €2.20M.
2021
27-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
10-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 10 days late
2019
24-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
29-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
16-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
07-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 1998
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Kromveldestraat 29031 GentGround area
2,713 m²
Building footprint
178 m²
Volume, LiDAR
868 m³
2 parcels, Flanders · tallest building 11.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
A.A. COOL-TECH
since 19982.086.374.186
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44017D0859/00B000 | Flanders | 2,340 m² | 1 · 67 m² | 5.6 m · 1 fl. |
| 44363B0558/00T005 | Flanders | 373 m² | 1 · 110 m² | 11.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
LHM
BE 0466.972.846
Geel · Eq €3.74M
XLR
BE 0447.165.644
Sint-Gillis (bij-Brussel) · Eq €2.85M
HEMAG
BE 0426.085.267
Mouscron · Eq €2.63M
BAM BORMET
BE 0414.651.838
Nieuwerkerken (Limb.) · Eq €2.52M
ALPHA INNOVATIONS
BE 0672.584.340
Ottignies-Louvain-la-Neuve · Eq €5.48M
Of 142 companies in sector 27900 we hold annual accounts for 103. 44 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-03-1998
Fiscal year end31-03
Activities, NACEBEL 2025
27900Manufacture of electrical equipment
28250Manufacture of machinery and equipment not elsewhere classified
27402Manufacture of electrical equipment
47552Retail sale of lighting equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.