Cold-Air
Open bankruptcySummary
A bankruptcy procedure is open for Cold-Air according to publications in the Belgian State Gazette. The 2021 annual accounts show equity of €136,828 and a net result of €32,033.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Antwerp, Hasselt division
- Declared bankrupt
- 23 November 2023
- Supervising judge
- Hilde Claes
- Official Gazette
- 29-11-2023 (pdf) ↗search the document for 2023/145635
Curators
- Xavier GielenVan Dijcklaan 15, 3500 Hasseltgielen@xgfvs.be
- Frederika Van SwygenhovenVan Dijck- Laan 15, 3500 Hasseltvanswygenhoven@xgfvs.be
- Dominic GielenVan Dijcklaan 15, 3500 Hasseltdominic.gielen@xgfvs.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.
File a claim in RegSol ↗
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Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 26-09-2022, 57 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 · 9 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
57 d late
2020
122 d late
2019
81 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 87 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Address check Are there other customers at risk in your own list?Debtor check How is the Installation of industrial machinery and equipment sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2021, micro schema
Equity
€136,828▲ 30.6%
2020 · €104,795
Total assets
€252,858▲ 39.1%
2020 · €181,756
Net result
€32,033▲ 123%
2020 · €14,340
Working capital
€133,565▲ 21.0%
2020 · €110,355
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2018201920202021
Operating result€14,211-€31,211▲ 120%€22,727▼ 27.2%€49,128▲ 116%
Net result€6,577-€21,746▲ 231%€14,340▼ 34.1%€32,033▲ 123%
Equity€68,709-€90,455▲ 31.6%€104,795▲ 15.9%€136,828▲ 30.6%
Total assets€143,196-€163,613▲ 14.3%€181,756▲ 11.1%€252,858▲ 39.1%
Debt€74,488-€73,158▼ 1.8%€76,962▲ 5.2%€116,030▲ 50.8%
Working capital€96,350-€107,728▲ 11.8%€110,355▲ 2.4%€133,565▲ 21.0%
Staff (FTE)1.1-0.4▼ 63.6%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2021; 2021 is 116% above 2020 and is the highest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €252,858
Fixed assets
€4,137 ▼ 27.3%
Current assets
€248,721 ▲ 41.3%
Equity and liabilities €252,858
Equity
€136,828 ▲ 30.6%
Debt
€116,030 ▲ 50.8%
Debt's share of the balance-sheet total rises from 42.3% to 45.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€50,680▲
2020 · €25,101
Cash flow
€33,585▲
2020 · €16,713
Current ratio
2.16▼
2020 · 2.68
Quick ratio
2.04▼
2020 · 2.20
Debt to equity
0.85▲
2020 · 0.11
ROE
23.4%▲
2020 · 13.7%
ROA
12.7%▲
2020 · 7.9%
Interest coverage
24.67
Debt ≤ 1 year
€115,156▲
2020 · €65,713
Debt > 1 year
€874▼
2020 · €11,249
Income taxes
€15,040▲
2020 · €6,111
Staff costs
€3,570
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €3,570 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,810 | €1,734 | €2,374 | €1,551 | ▼ 34.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €64,646 | - |
| Other operating charges640/8 | - | - | - | €4,595 | - |
| Gross operating margin9900 | €45,063 | €46,034 | €40,394 | €123,491 | ▲ 206% |
| Operating profit (loss)9901 | €14,211 | €31,211 | €22,727 | €49,128 | ▲ 116% |
| Recurring financial income75 | - | €550 | €191 | - | - |
| Financial charges65/66B | - | - | - | €2,055 | - |
| Recurring financial charges65 | €3,951 | €2,995 | €2,468 | €2,055 | ▼ 16.7% |
| Profit (loss) for the period before taxes9903 | €10,260 | €28,765 | €20,451 | €47,074 | ▲ 130% |
| Income taxes67/77 | €3,684 | €7,019 | €6,111 | €15,040 | ▲ 146% |
| Profit (loss) for the period9904 | €6,577 | €21,746 | €14,340 | €32,033 | ▲ 123% |
| Profit (loss) for the period to be appropriated9905 | €6,577 | €21,746 | €14,340 | €32,033 | ▲ 123% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €143,196 | €163,613 | €181,756 | €252,858 | ▲ 39.1% |
| Fixed assets21/28 | €3,766 | €4,151 | €5,688 | €4,137 | ▼ 27.3% |
| Tangible fixed assets22/27 | €2,986 | €3,371 | €4,116 | €2,565 | ▼ 37.7% |
| Plant, machinery and equipment23 | - | - | - | €1,483 | - |
| Furniture and vehicles24 | - | - | - | €1,082 | - |
| Financial fixed assets28 | €780 | €780 | €1,572 | €1,572 | = |
| Current assets29/58 | €139,430 | €159,462 | €176,068 | €248,721 | ▲ 41.3% |
| Stocks and contracts in progress3 | €48,252 | €49,695 | €31,260 | €14,233 | ▼ 54.5% |
| Stocks30/36 | - | - | - | €14,233 | - |
| Amounts receivable within one year40/41 | €56,350 | €55,425 | €105,978 | €231,493 | ▲ 118% |
| Trade receivables40 | - | - | - | €209,090 | - |
| Other amounts receivable41 | - | - | - | €22,403 | - |
| Cash at bank and in hand54/58 | €15,005 | €4,831 | €3,438 | €960 | ▼ 72.1% |
| Deferred charges and accrued income490/1 | - | - | - | €2,035 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €143,196 | €163,613 | €181,756 | €252,858 | ▲ 39.1% |
| Equity10/15 | €68,709 | €90,455 | €104,795 | €136,828 | ▲ 30.6% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | - |
| Reserves13 | €50,109 | €71,855 | €86,195 | €118,228 | ▲ 37.2% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | - |
| Distributable reserves133 | - | - | - | €116,368 | - |
| Amounts payable17/49 | €74,488 | €73,158 | €76,962 | €116,030 | ▲ 50.8% |
| Amounts payable after more than one year17 | €31,407 | €21,424 | €11,249 | €874 | ▼ 92.2% |
| Financial debts170/4 | - | - | - | €874 | - |
| Amounts payable within one year42/48 | €43,080 | €51,734 | €65,713 | €115,156 | ▲ 75.2% |
| Current portion of amounts payable after more than one year42 | - | - | - | €10,375 | - |
| Financial debts43 | - | - | - | €19,525 | - |
| Credit institutions430/8 | - | - | - | €19,525 | - |
| Trade debts44 | €7,589 | €4,611 | €33,465 | €63,040 | ▲ 88.4% |
| Suppliers440/4 | - | - | - | €63,040 | - |
| Taxes, remuneration and social security45 | - | - | - | €20,428 | - |
| Taxes450/3 | - | - | - | €13,389 | - |
| Remuneration and social security454/9 | - | - | - | €7,039 | - |
| Other amounts payable47/48 | - | - | - | €1,788 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6,577 | €21,746 | €14,340 | €32,033 | ▲ 123% |
| + Depreciation and write-downs630 | €1,810 | €1,734 | €2,374 | €1,551 | ▼ 34.6% |
| Operating cash flow (approximation) | €8,386 | €23,481 | €16,713 | €33,585 | ▲ 101% |
| Investment in fixed assets (approximation) | - | -€2,119 | -€3,911 | €0 | ▲ 100% |
| Change in cash | - | -€10,174 | -€1,393 | -€2,477 | ▼ 77.8% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2023
29-11
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 23-11-2023
2022
26-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 57 days late
2021
31-12
Financial
Highest result since 2018net €32,033 ▲123%
Operating result €49,128, net result €32,033, both a record.
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 122 days late
2020
31-12
Financial
Equity above €100,000Eq €104,795 ▲15.9%
3 profitable years in a row build equity to €104,795.
20-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 81 days late
2019
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
23-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 23 days late
2017
22-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 22 days late
2016
22-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 22 days late
2015
20-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 20 days late
2014
15-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Houthalen-Helchteren · 1 establishment unit since 2012
Ground area
572 m²
Building footprint
93 m²
Volume, LiDAR
461 m³
Parcel 72453F1148/00A018, Flanders · tallest building 6.8 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Cold-Air
since 20122.211.468.257
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72453F1148/00A018 | Flanders | 572 m² | 1 · 93 m² | 6.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
3 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | XAVIER GIELEN Van Dijcklaan 15, 3500 HASSELT- |
23-11-2023 → present |
| Curator | FREDERIKA VAN SWYGENHOVEN VAN DIJCK-
LAAN 15, 3500 HASSELT |
23-11-2023 → present |
| Curator | DOMINIC
GIELEN VAN DIJCKLAAN 15, 3500 HASSELT- |
23-11-2023 → present |
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Of 1,226 companies in sector 33200 we hold annual accounts for 678. 533 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded11-07-2012
Fiscal year end31-12
Activities, NACEBEL 2025
33200Installation of industrial machinery and equipment
42220Construction of utility projects for electricity and telecommunications
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0847317467
Also
9925:BE0847317467
Registered
28-08-2023
The company is no longer active; its Peppol card can remain until its access point withdraws it.
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.