Coldstone
ActiveSummary
Coldstone has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €154,690 and a net result of €67,015. Equity is growing by ~9% per year across the filed fiscal years. Its solvency ranks better than 89% of 20783 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency100▲+23
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15,000 at 30 days acceptable
Liquidity ample (current ratio 10.97 against 2.06 in 2023; short-term debt: 8.9% and cash: 87.2% of total assets), and 8.9% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
91.1%
Return on assets
39.5%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-05-2025, 64 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
64 d early
2023
12 d early
2022
14 d early
2021
30 d early
2020
9 d early
2019
39 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 28 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€154,690▲ 76.4%
2023 · €87,675
Total assets
€169,821▲ 1.6%
2023 · €167,177
Net result
€67,015▲ 42.4%
2023 · €47,073
Working capital
€150,850▲ 79.4%
2023 · €84,089
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
Line20202021202220232024
Operating result€24,521▼ 6.5%€10,973▼ 55.2%€56,032▲ 411%€60,102▲ 7.3%€85,070▲ 41.5%
Net result€19,131▼ 5.7%€7,746▼ 59.5%€44,242▲ 471%€47,073▲ 6.4%€67,015▲ 42.4%
Equity€97,456▲ 24.4%€90,602▼ 7.0%€90,602=€87,675▼ 3.2%€154,690▲ 76.4%
Total assets€105,406▲ 28.0%€144,295▲ 36.9%€163,399▲ 13.2%€167,177▲ 2.3%€169,821▲ 1.6%
Debt€7,950▲ 97.2%€53,693▲ 575%€72,796▲ 35.6%€79,501▲ 9.2%€15,131▼ 81.0%
Working capital€94,518▲ 35.5%€90,602▼ 4.1%€89,415▼ 1.3%€84,089▼ 6.0%€150,850▲ 79.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 42% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €169,821
Fixed assets
€3,840 ▲ 7.1%
Current assets
€165,981 ▲ 1.5%
Equity and liabilities €169,821
Equity
€154,690 ▲ 76.4%
Debt
€15,131 ▼ 81.0%
Debt's share of the balance-sheet total falls from 47.6% to 8.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€86,716▲
2023 · €60,840
Cash flow
€68,661▲
2023 · €47,812
Current ratio
10.97▲
2023 · 2.06
Debt to equity
0.10▼
2023 · 0.91
ROE
43.3%▼
2023 · 53.7%
ROA
39.5%▲
2023 · 28.2%
Interest coverage
376.61▼
2023 · 488.40
Debt ≤ 1 year
€15,131▼
2023 · €79,501
Income taxes
€17,827▲
2023 · €12,904
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,672 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.6%
went bankrupt
3.9%
stopped otherwise
95%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 34,672 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,614 | €2,938 | €82 | €738 | €1,646 | ▲ 123% |
| Other operating charges640/8 | - | €590 | €895 | €847 | €883 | ▲ 4.3% |
| Gross operating margin9900 | €31,043 | €14,500 | €57,009 | €61,687 | €87,599 | ▲ 42.0% |
| Operating profit (loss)9901 | €24,521 | €10,973 | €56,032 | €60,102 | €85,070 | ▲ 41.5% |
| Financial income75/76B | - | €1 | €2 | €0 | €3 | ▲ 1,893% |
| Recurring financial income75 | €33 | €1 | €2 | €0 | €3 | ▲ 1,893% |
| Financial charges65/66B | - | €111 | €146 | €125 | €230 | ▲ 84.8% |
| Recurring financial charges65 | €38 | €111 | €146 | €125 | €230 | ▲ 84.8% |
| Profit (loss) for the period before taxes9903 | €24,516 | €10,862 | €55,888 | €59,977 | €84,842 | ▲ 41.5% |
| Income taxes67/77 | €5,386 | €3,116 | €11,646 | €12,904 | €17,827 | ▲ 38.2% |
| Profit (loss) for the period9904 | €19,131 | €7,746 | €44,242 | €47,073 | €67,015 | ▲ 42.4% |
| Profit (loss) for the period to be appropriated9905 | €19,131 | €7,746 | €44,242 | €47,073 | €67,015 | ▲ 42.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €105,406 | €144,295 | €163,399 | €167,177 | €169,821 | ▲ 1.6% |
| Fixed assets21/28 | €2,938 | €0 | €1,187 | €3,586 | €3,840 | ▲ 7.1% |
| Tangible fixed assets22/27 | €2,938 | €0 | €1,187 | €3,586 | €3,840 | ▲ 7.1% |
| Furniture and vehicles24 | - | €0 | €1,187 | €3,586 | €3,840 | ▲ 7.1% |
| Current assets29/58 | €102,468 | €144,295 | €162,212 | €163,590 | €165,981 | ▲ 1.5% |
| Amounts receivable within one year40/41 | €11,209 | €15,278 | €13,068 | €14,075 | €16,469 | ▲ 17.0% |
| Trade receivables40 | - | €13,371 | €13,068 | €14,075 | €15,173 | ▲ 7.8% |
| Other amounts receivable41 | - | €1,908 | €0 | - | €1,295 | - |
| Cash at bank and in hand54/58 | €89,912 | €127,093 | €147,822 | €148,027 | €148,018 | = |
| Deferred charges and accrued income490/1 | - | €1,924 | €1,322 | €1,488 | €1,494 | ▲ 0.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €105,406 | €144,295 | €163,399 | €167,177 | €169,821 | ▲ 1.6% |
| Equity10/15 | €97,456 | €90,602 | €90,602 | €87,675 | €154,690 | ▲ 76.4% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €91,256 | €72,002 | €72,002 | €69,075 | €136,090 | ▲ 97.0% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | €70,142 | €70,142 | €67,215 | €134,230 | ▲ 99.7% |
| Profit (loss) carried forward14 | - | - | €0 | €0 | €0 | - |
| Amounts payable17/49 | €7,950 | €53,693 | €72,796 | €79,501 | €15,131 | ▼ 81.0% |
| Amounts payable within one year42/48 | €7,950 | €53,693 | €72,796 | €79,501 | €15,131 | ▼ 81.0% |
| Financial debts43 | - | - | €80 | €31 | €28 | ▼ 10.1% |
| Credit institutions430/8 | - | - | €80 | €31 | €28 | ▼ 10.1% |
| Trade debts44 | €1,013 | €1,354 | €1,911 | €3,028 | €1,548 | ▼ 48.9% |
| Suppliers440/4 | - | €1,354 | €1,911 | €3,028 | €1,548 | ▼ 48.9% |
| Taxes, remuneration and social security45 | - | €12,149 | €12,522 | €11,908 | €13,555 | ▲ 13.8% |
| Taxes450/3 | - | €12,149 | €10,174 | €9,536 | €11,127 | ▲ 16.7% |
| Remuneration and social security454/9 | - | - | €2,348 | €2,372 | €2,428 | ▲ 2.4% |
| Other amounts payable47/48 | - | €40,189 | €58,284 | €64,534 | €0 | ▼ 100% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €19,131 | €7,746 | €44,242 | €47,073 | €67,015 | ▲ 42.4% |
| + Depreciation and write-downs630 | €5,614 | €2,938 | €82 | €738 | €1,646 | ▲ 123% |
| Operating cash flow (approximation) | €24,745 | €10,684 | €44,324 | €47,812 | €68,661 | ▲ 43.6% |
| Investment in fixed assets (approximation) | - | €0 | -€1,269 | -€3,138 | -€1,900 | ▲ 39.5% |
| Change in cash | - | €37,181 | €20,729 | €205 | -€9 | ▼ 105% |
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
2025
28-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €67,015 ▲42.4%
Operating result €85,070, net result €67,015, both a record.
31-12
Financial
Liquidity times 5current ratio 10.97
Current ratio from 2.06 to 10.97; short-term debt falls from €79,501 to €15,131.
31-12
Financial
Equity above €150,000Eq €154,690 ▲76.4%
7 profitable years in a row build equity to €154,690.
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €7,746 ▼59.5%
Net result drops to €7,746, the lowest in the series; recovery starts the following year.
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity triplescurrent ratio 18.31
Current ratio from 5.72 to 18.31; short-term debt falls from €9,475 to €4,031.
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
22-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Kortrijk · 1 establishment unit since 2016
Ground area
1,433 m²
Building footprint
221 m²
Volume, LiDAR
1,179 m³
Parcel 34022E0253/00G000, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Priester Schrursstraat(Kor) 11, 8500 Kortrijk
since 20162.254.777.470
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34022E0253/00G000 | Flanders | 1,433 m² | 1 · 221 m² | 9.4 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.
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Of 30,007 companies in sector 62200 we hold annual accounts for 18,396. 15,295 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
Founded13-07-2016
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
62900Other information technology and computer services
62100Computer programming
E-invoicing
Reachable via Peppol
Peppol ID
0208:0658963164
Also
9925:BE0658963164
Registered
29-11-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.