BART COOLS
ActiveSummary
BART COOLS has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €34,862 and a net result of €14,401. Equity has been shrinking by about 9.9% per year since 2018. Its solvency ranks better than 95% of 39,272 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 29-03-2017 Normal situation
- Activity
- Business and other management consultancy NACE 70200
- Establishment unit
- 2.262.867.963 7090 Braine-le-Comte, since 29-03-2017
- Financial year end
- 31 December
- Peppol
- Reachable since 12-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €22,444
- ▼ 67.6%
- Turnover
- ≈ €100,000
- estimated
- Profit
- €14,401
- ▼ 72.3%
- Equity
- €34,862
- ▲ 70.4%
- Total assets
- €34,972
- ▼ 58.0%
Score breakdownlowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Liquidity: current ratio 298.72, cash €9,017, halvedEquity €34,862 (99.7% of total assets)Figures for financial year 2025 (filed on 01-06-2026)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro). It does better than 86% of them on solvency, 74% on liquidity, 84% on profitability and 85% on growth.
The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 31 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 01-06-2026 PDF all 9 filings
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is 70% lower than in 2024 and the lowest since 2021. It is the second fall in a row.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €1,481 | €964 | €1,050 | €1,043 |
| Depreciation and write-downs of the year | €1,134 | €789 | €545 | €698 | €1,302 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | - | - | €5,161 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,557 | €1,381 | €1,132 | €1,134 | €789 | €545 | €698 | €1,302 | ▲ 86.6% |
| Other operating charges640/8 | - | - | - | €410 | €490 | €580 | €644 | €444 | ▼ 31.0% |
| Gross operating margin9900 | €34,621 | €47,620 | €68,206 | €73,150 | €83,175 | €84,713 | €69,290 | €22,444 | ▼ 67.6% |
| Operating profit (loss)9901 | €27,154 | €45,696 | €66,090 | €71,606 | €81,896 | €83,587 | €67,949 | €20,698 | ▼ 69.5% |
| Financial income75/76B | - | - | - | €707 | €991 | €562 | €426 | €469 | ▲ 10.3% |
| Recurring financial income75 | - | €438 | €891 | €707 | €991 | €562 | €426 | €469 | ▲ 10.3% |
| Financial charges65/66B | - | - | - | €1,244 | €937 | €765 | €487 | €2,175 | ▲ 347% |
| Recurring financial charges65 | €1,682 | €1,321 | €587 | €1,244 | €937 | €765 | €487 | €2,175 | ▲ 347% |
| Profit (loss) for the period before taxes9903 | €25,472 | €44,812 | €66,394 | €71,069 | €81,950 | €83,384 | €67,888 | €18,993 | ▼ 72.0% |
| Income taxes67/77 | €6,963 | €11,328 | €14,868 | €16,057 | €18,373 | €19,211 | €15,810 | €4,592 | ▼ 71.0% |
| Profit (loss) for the period9904 | €18,509 | €33,484 | €51,526 | €55,012 | €63,577 | €64,173 | €52,078 | €14,401 | ▼ 72.3% |
| Profit (loss) for the period to be appropriated9905 | €18,509 | €33,484 | €51,526 | €55,012 | €63,577 | €64,173 | €52,078 | €14,401 | ▼ 72.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €71,282 | €102,896 | €127,902 | €111,517 | €117,611 | €97,397 | €83,275 | €34,972 | ▼ 58.0% |
| Fixed assets21/28 | €2,600 | €1,219 | €2,043 | €909 | €1,601 | €2,019 | €2,372 | €2,113 | ▼ 10.9% |
| Tangible fixed assets22/27 | €2,575 | €1,194 | €2,018 | €884 | €1,576 | €1,994 | €2,347 | €2,088 | ▼ 11.0% |
| Furniture and vehicles24 | - | - | - | €884 | €1,576 | €1,994 | €2,347 | €2,088 | ▼ 11.0% |
| Financial fixed assets28 | €25 | €25 | €25 | €25 | €25 | €25 | €25 | €25 | = |
| Current assets29/58 | €68,681 | €101,678 | €125,859 | €110,608 | €116,011 | €95,377 | €80,904 | €32,859 | ▼ 59.4% |
| Amounts receivable within one year40/41 | €28,210 | €50,017 | €35,178 | €28,379 | €29,457 | €22,109 | €19,053 | €22,194 | ▲ 16.5% |
| Trade receivables40 | - | - | - | €14,066 | €15,004 | €14,520 | €11,616 | €392 | ▼ 96.6% |
| Other amounts receivable41 | - | - | - | €14,313 | €14,453 | €7,589 | €7,437 | €21,803 | ▲ 193% |
| Cash at bank and in hand54/58 | €39,646 | €50,836 | €90,242 | €80,417 | €84,367 | €71,339 | €59,313 | €9,017 | ▼ 84.8% |
| Deferred charges and accrued income490/1 | - | - | - | €1,812 | €2,186 | €1,929 | €2,538 | €1,648 | ▼ 35.1% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €71,282 | €102,896 | €127,902 | €111,517 | €117,611 | €97,397 | €83,275 | €34,972 | ▼ 58.0% |
| Equity10/15 | €46,750 | €65,234 | €28,761 | €41,173 | €20,860 | €21,033 | €20,461 | €34,862 | ▲ 70.4% |
| Contributions10/11 | €6,200 | €6,200 | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €21,750 | €21,750 | €21,750 | €21,750 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | - | - | - | - |
| Distributable reserves133 | - | - | - | €19,890 | - | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €18,800 | €37,284 | €811 | €823 | €400 | €573 | €1 | €14,402 | ▲ 11,709× |
| Amounts payable17/49 | €24,532 | €37,662 | €99,141 | €70,344 | €96,752 | €76,363 | €62,814 | €110 | ▼ 99.8% |
| Amounts payable within one year42/48 | €24,532 | €37,662 | €99,141 | €70,344 | €96,752 | €76,363 | €62,814 | €110 | ▼ 99.8% |
| Trade debts44 | €164 | €2,896 | €1,319 | €849 | €1,155 | €1,884 | €2,283 | €110 | ▼ 95.2% |
| Suppliers440/4 | - | - | - | €849 | €1,155 | €1,884 | €2,283 | €110 | ▼ 95.2% |
| Taxes, remuneration and social security45 | - | - | - | €14,495 | €11,706 | €10,480 | €7,881 | - | - |
| Taxes450/3 | - | - | - | €14,495 | €11,706 | €10,480 | €7,881 | - | - |
| Other amounts payable47/48 | - | - | - | €55,000 | €83,890 | €64,000 | €52,650 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €18,509 | €33,484 | €51,526 | €55,012 | €63,577 | €64,173 | €52,078 | €14,401 | ▼ 72.3% |
| + Depreciation and write-downs630 | €1,557 | €1,381 | €1,132 | €1,134 | €789 | €545 | €698 | €1,302 | ▲ 86.6% |
| Operating cash flow (approximation) | €20,067 | €34,866 | €52,659 | €56,146 | €64,367 | €64,719 | €52,776 | €15,703 | ▼ 70.2% |
| Investment in fixed assets (approximation) | - | €0 | -€1,956 | €0 | -€1,481 | -€964 | -€1,050 | -€1,043 | ▲ 0.6% |
| Change in cash | - | €11,189 | €39,407 | -€9,826 | €3,950 | -€13,027 | -€12,026 | -€50,297 | ▼ 318% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 26,972 companies had the same profile as BART COOLS has now. Two years later, 1.6% had gone bankrupt and 94.9% were still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of BART COOLS itself is lower: < 0.1% within 12 months. It rests on far more data about BART COOLS than the profile alone.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 26,972 companies, not a prediction for BART COOLS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Filings with the National Bank (9)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 01-06-2026 | 2026-00129137 | |
| 31-12-2024 | micro format | 03-06-2025 | 2025-00114947 | |
| 31-12-2023 | micro format | 21-06-2024 | 2024-00147653 | |
| 31-12-2022 | micro format | 22-06-2023 | 2023-00146589 | |
| 31-12-2021 | micro format | 27-06-2022 | 2022-20094560 | |
| 31-12-2020 | micro format | 13-08-2021 | 2021-48100183 | |
| 31-12-2019 | micro format | 04-08-2020 | 2020-38400311 | |
| 31-12-2018 | micro format | 02-08-2019 | 2019-42600370 | |
| 31-12-2017 | micro format | 03-08-2018 | 2018-42600520 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 19-12-2023 Converted to unavailable equity
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| COOLS Bart |
|
Articles of association
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Moitié cédant moitié acquéreurs proportionnellement nombre d’actions, nullité”
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Aucun liquidateur nommé, toutes dettes à l'égard d'actionnaires ou tiers mentionnées dans l'état article 2:71,§2,alinéa 2 remboursées ou…”
Articles of association, deed of 19-12-2023 (in French)
Network & group
BART COOLS shares no director with another company.
Companies at the same address
1 other companyConnections & network
1 current directorThe network starts from the directors of BART COOLS. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
19-12
Gazette deed
Change of role: COOLS Bart, from manager to directorProposal · Amendment of the articles · Capital conversion11 points ▸
- Proposal, “adapter les statuts aux dispositions du Code des sociétés et des associations, supprimer le compte de capitaux propres statutairement indisponible et le mettre…” (deed in French)
- Other provision, “constitution et quorum de l’assemblée générale”, 1 (deed in French)
- General meeting, “unanimité des voix” (deed in French)
- Amendment of the articles, mentioned 2 times in the deed
- Capital conversion, “modification des statuts”, EUR (deed in French)
- Director resignation, COOLS Bart (manager)
- Director appointment, COOLS Bart (director (not named in the articles))
- Director discharge, COOLS Bart
- Registered office clause, “7090 Braine-le-Comte,Chemin du Nesplier 2” (deed in French)
- Power of attorney, COOLS Bart
- General meeting, “toutes les décisions, unanimité” (deed in French)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
10 activities
- Toutes opérations et prestations de services se rapportant,directement ou indirectement,à la consultance et le management d’entreprises,la formation et le recyclage en gestion,en informatique,en marketing,en communication et en orientation technologique,en gestion de la qualité,en gestion des processus,en optimisation des processus,en ingénierie
- Toutes opérations et prestations de services,y compris par le placement de personnel qualifié ou non-qualifié,de consultance,de conseil,de communications,de coaching,d'étude,d’analyse,de gestion de projet,de recherche,de développement,de conception,de prestations techniques,de programmation,de formation,d'encadrement,de traitement de données,d’audit,de validation,de gouvernance,de mise à disposition de systèmes informatiques,de documents,de connaissances ou d'outils,et ce de tout ce qui est en rapport avec la bureautique,les technologies de l'information,la communication,l'informatique,la gestion de la qualité,l’optimisation des processus de quelque nature que ce soit,l’ingénierie,le multimédia et les télécommunications en ce compris l'Internet,ou tout autre nouvelle technologie liée directement ou indirectement,sans que la présente énumération soit limitative
- Toutes opérations de commercialisation sous toutes ses formes,d'achat,de vente au détail ou en gros,l’importation,l’exportation,le transit,la location,le louage,le leasing,de vente par correspondance ou de vente ambulante ou par tout autre moyen de vente connu ou inconnu à ce jour,de distribution,de livraison,de stockage,de sponsoring,de gestion,de marketing,de promotion à la vente,de maintenance,de support avant et après-vente,de formation,de démonstration,de tout matériel,produit,équipement,plateforme,système,logiciel,programme,licence,brevet,périphérique,consommable,mobilier,fournitures,en tout ou en partie,en rapport avec la bureautique,les technologies de l'information,la communication,l'informatique,la gestion de la qualité,la gestion des processus,la gestion de la production,l’optimisation des processus,l’ingénierie,le multimédia et les télécommunications en ce compris l'Internet,ou tout autre nouvelle technologie liée directement ou indirectement,sans que la présente énumération soit limitative
- Toute activité d'hébergement,de hosting,de monitoring,de maintenance,de sécurisation,de contrôle,de test,de gestion,de tout site Internet ou portail d'entreprise,de particulier,d'association et ce sous quelque forme que ce soit,en utilisant tout type de locaux approprié ou non,sans que la présente énumération soit limitative
- Toutes opérations et prestations de services d’analyse,de conseil,de conception,d'architecture,de prestations techniques,de mise au point,de test,de validation sous toutes ses formes,de gestion de projet,de design,de fabrication,de développement de tout dispositif électronique,mécanique,électro mécanique,informatique,ou de télécommunication se rapportant directement ou indirectement à la bureautique,aux technologies de l'information,à la gestion de la qualité,à la gestion des processus,à l’optimisation des processus,à la gestion de la production,l’ingénierie,à la communication,à l'informatique,au multimédia et aux télécommunications et ce compris l'Internet,ou à tout autre nouvelle technologie liée directement ou indirectement,sans que la présente énumération soit limitative
- Toutes opérations et prestations de services,y compris par le placement de personnel qualifié ou non-qualifié,de conseil en organisation et gestion d'entreprises,en communication d'entreprise,en création,achat,vente et liquidation d'entreprises,mise à disposition de documents,de connaissances ou d'outils,d'analyses sous toutes ses formes,d'audit sous toutes ses formes,de consultance sous toutes ses formes
- Toutes opérations généralement quelconques se rapportant,directement ou indirectement,à la promotion de produits et de services,à l’organisation de séminaires,de formation,de congrès,de conférences,de foires commerciales,de voyages incentives,au marketing direct ou indirect,à la publicité,au mécénat,au sponsoring,aux relations publiques,aux relations avec la presse,à la communication d’entreprise interne ou externe
- Toutes opérations et prestations de services,se rapportant,directement ou indirectement à la gestion des ressources humaines,au recrutement et placement de personnel,à l’outplacement,à la sélection,au recrutement,au conseil en orientation professionnel,au développement personnel,à la relation d’aide,à la gestion du stress,au coaching,à la psychothérapie,aux séminaires,y compris par le placement de personnel qualifié ou non-qualifié
- Toute activité de formation de personnel,de coaching individuel,de formation professionnelle dans différents domaines,de documentation
- La location,la sous-location,l’achat et l’acquisition de tous droits réels ou de la pleine propriété de tout immeuble dans le but soit d’y établir son siège social,un siège d’exploitation soit d’y loger ses dirigeants et les membres de leur famille à titre de résidence principale ou secondaire,ainsi que l’achat et la vente de la pleine propriété ou de tous droits réels,la location,la mise en location,la construction,la transformation,la mise en valeur ou toutes opérations assimilées pour tout immeuble quelle qu’en soit son affectation,et,de manière plus générale,la gestion et la valorisation d’un patrimoine immobilier,avec ou sans lien direct avec ses autres activités
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 55302C0785/00E000 | Wallonia | 1,221 m² | 1 · 58 m² | - |