Equity
€322,540 from €983,175 in 2021
Equity fell by 67% in 4 years.
COOLS GABRIEL
Lifetime
19 annual accounts with figures on one time axis, 28 filings since 1998peak €887,115 (2008)
€479,881▼ 6.7%
lowest -€189,371 (2010)
-€6,308▲ €18,272
peak €983,175 (2021)
€322,540▼ 1.9%
€1.2m▼ 3.3%
peak 13.1 FTE (2008)
8.2 FTEunchanged
Board6 names since 2019
4 directorsCOMMYN Rita and 3 others
Owners
Documentsfilings and deeds
27-01-20264 days before the deadline
2025abbreviated format
Loss of €6,308Cash from €95,682 to €46,061
Key points
from the 2025 annual accountsLosses
-€30,888 in two years
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
Debts
€1.2m 79% of the balance sheet
Financial debts 34%Suppliers 14%Taxes and wages 3%Other 48%
Of this, €894,787 falls due within a year.
Staff
8.2 FTE from 13.1 in 2008
Between 2008 and 2025, 37% of the full-time equivalents disappeared.
Filings
28 annual accounts since 1998
The 2017 accounts came 5 days late. The other nine of the last ten were filed on time.
Position in the sector
-€6,308
Lower net result than 83% of companies in fabricated metal products. Sector median €43,813 · 1,245 companies.
Checked score
62
Healthy
Financially stronger than 25% of micro companies in fabricated metal products (NACE 25)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.5% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.5% across 3,710 companies (NACE 25, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.8%lowest value
01-2025: 1.2%▲ +0.4 percentage points vs 12-2024
02-2025: 1.8%▲ +0.6 percentage points vs 01-2025
03-2025: 1.0%▼ -0.8 percentage points vs 02-2025
04-2025: 1.0%● unchanged vs 03-2025
05-2025: 1.1%▲ +0.1 percentage points vs 04-2025
06-2025: 1.1%● unchanged vs 05-2025
07-2025: 1.1%● unchanged vs 06-2025
08-2025: 1.1%● unchanged vs 07-2025
09-2025: 1.1%● unchanged vs 08-2025
10-2025: 1.2%▲ +0.1 percentage points vs 09-2025
11-2025: 1.2%● unchanged vs 10-2025
12-2025: 1.2%● unchanged vs 11-2025
01-2026: 1.5%▲ +0.3 percentage points vs 12-2025
02-2026: 2.3%▲ +0.8 percentage points vs 01-2026highest value
03-2026: 1.5%▼ -0.8 percentage points vs 02-2026
04-2026: 1.5%● unchanged vs 03-2026
05-2026: 1.5%● unchanged vs 04-2026
06-2026: 1.5%● unchanged vs 05-2026
07-2026: 1.5%● unchanged vs 06-2026
08-2026: 1.5%● unchanged vs 07-2026
09-2026: 1.5%● unchanged vs 08-2026
10-2026: 1.5%● unchanged vs 09-2026
11-2026: 1.5%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
Equity €322,540 (21.0% of total assets)
Size: 8.2 FTE, total assets €1.5m
Liquidity: current ratio 0.31, cash €46,061, halved
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 25, micro). It does better than 24% of them on solvency, 13% on liquidity, 34% on profitability and 31% on growth.
The bankruptcy probability was computed on 07-11-2026 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.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 2,450 companies had the same profile as COOLS GABRIEL has now. Each dot stands for 7 companies, two years later.
93.3%
were still trading
5.0%
stopped another way
1.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of COOLS GABRIEL itself: 1.5% within 12 months.
Test of the method
The method was tested on the 497,447 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 2,450 companies, not a prediction for COOLS GABRIEL. 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.
Credit verdict
Credit of up to €19,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.31 (0.37 in 2024), below 1. Short-term debt is 58.2% and cash 3% of total assets. 79% of the assets are financed with debt and provisions.
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
Seven signals.
raises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year -€6,308
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 1245 sector peers (2025).
NBB · sector comparisonPosition among 1245 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 27-01-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 days early
2024
on the day
2023
2 days early
2022
4 days early
2021
4 days early
2020
3 days early
2019
2 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 3 days before the deadline. In the sector (NACE 25), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 27 January (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end08-11-2026 today31-01-2027 deadline
Board and ownership
- COMMVA COOLS all the sharesdeed of 08-12-2022
Shares in 1 company, OUTDOOR CAMPING BARVAUX
Board & ownershipRecent changes
Resignation: Cindy Cools (director)
General meeting of 28-01-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0459350725
Merger proposal: BV COOLS GABRIËL takes over BV ARMA-COM
Permanent representative: Cindy Cools · COMMVA COOLS holds all the shares · Capital increase of €61,500 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| COOLS GABRIEL Zedelgem | €1.5m | €479,881 | 21.0% | 8.2 |
| MORO Lichtervelde | €1.0m | €519,299 | 42.0% | 6.8 |
| HEBOCOAT Waregem | €1.0m | €550,930 | 64.8% | 7.1 |
| MALMEDY SABLAGE Waimes | €2.0m | €548,950 | 55.4% | 7.3 |
| D.P. - Coating Mouscron | €1.7m | €865,418 | 52.5% | 7.2 |
| Etablissements Francis WALRY Fosses-la-Ville | €1.0m | €599,998 | 41.6% | 7.9 |
| SCHOUTEETENS Wevelgem | €1.3m | €915,279 | 47.1% | 10 |
These companies have the same main activity as COOLS GABRIEL: coating of metals (NACE 25510). They are comparable in size and age: total assets between €992,000 and €2m, founded between 1988 and 2004.
Official details
Source: KBO- Status
- Active since 02-12-1996Normal situation
- Activity
- Coating of metalsNACE 25510and 4 others
- Establishment unit
- 2.079.811.1478210 Zedelgem, since 06-01-1997
- Financial year end
- 30 June
- Peppol
- Reachable since 01-10-2025
Annual accounts to 30-06-2025
- ≈ €1.1mestimated
- €1.5m▼ 3.0%
- Employeeson 30-06-2025
- 5▼ 16.7%
- Filing
- Filed on 27-01-2026, 4 days before the end of the filing period
Insights on COOLS GABRIEL
COOLS GABRIEL files the abbreviated format. That format states no turnover. The gross margin fell from €777,233 in 2007 to €479,881 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about COOLS GABRIEL
- What is the company number of COOLS GABRIEL?
- The company number of COOLS GABRIEL is 0459.350.725. The VAT number is the same number with BE in front: BE 0459.350.725.
- Where is COOLS GABRIEL based?
- The registered office is at Schatting 48, 8210 Zedelgem.Company details
- What does COOLS GABRIEL do?
- According to the KBO register, the main activity is coating of metals (NACE 25510).
- What is the legal form of COOLS GABRIEL?
- COOLS GABRIEL is a private limited company (BV).
- When was COOLS GABRIEL founded?
- COOLS GABRIEL was founded on 02-12-1996.
- Is COOLS GABRIEL still active?
- Yes, COOLS GABRIEL is an active enterprise in the KBO register.
- How many employees does COOLS GABRIEL have?
- COOLS GABRIEL had an average of 8.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of COOLS GABRIEL?
- The turnover in financial year 2025 is ≈ €1.1m. This figure is estimated from the gross margin of €479,881 and 2,275 comparable companies of the same size. It probably lies between €680,000 and €1.9m. It is a rough estimate.
- Is COOLS GABRIEL profitable?
- In financial year 2025, COOLS GABRIEL made a loss of €6,308.
- Where can I find the annual accounts of COOLS GABRIEL?
- COOLS GABRIEL filed 28 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of COOLS GABRIEL due?
- COOLS GABRIEL must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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