COOK-ART
ActiveSummary
COOK-ART has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €500k and a net result of €43k. Equity is growing by ~10.5% per year across the filed fiscal years. Its solvency ranks better than 17% of 4886 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability39▼-1
Solvency41▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity short (current ratio 0.85 against 0.94 in 2024; short-term debt: 24.3% and cash: 1.1% of total assets), and 84.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
15.8%
Return on assets
1.4%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 4886 sector peers (2025).
NBB · sector comparisonPosition among 4886 sector peers
Solvency
better than 17%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-05-2026, 81 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
81 d early
2024
104 d early
2023
106 d early
2022
110 d early
2021
93 d early
2020
30 d early
2019
77 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€43k▼ 11.2%
2024 · €49k
2018: €729
2019: €-21k▼ -2941% vs 2018lowest in 8 years
2020: €57k▲ +373% vs 2019
2021: €118k▲ +109% vs 2020highest in 8 years
2022: €22k▼ -81.5% vs 2021
2023: €34k▲ +56.9% vs 2022
2024: €49k▲ +41.9% vs 2023
2025: €43k▼ -11.2% vs 2024
2018 → 2025
Working capital
€-118k▼ 170%
2024 · €-44k
2018: €-40k
2019: €-106k▼ -162% vs 2018
2020: €-107k▼ -1.7% vs 2019
2021: €-17k▲ +83.8% vs 2020
2022: €71k▲ +508% vs 2021highest in 8 years
2023: €759▼ -98.9% vs 2022
2024: €-44k▼ -5861% vs 2023
2025: €-118k▼ -170% vs 2024lowest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€384k-€405k▲ 5.7%€440k▲ 8.5%€472k▲ 7.3%€500k▲ 6.0%
2021: €384klowest in 5 years
2022: €405k▲ +5.7% vs 2021
2023: €440k▲ +8.5% vs 2022
2024: €472k▲ +7.3% vs 2023
2025: €500k▲ +6.0% vs 2024highest in 5 years
Operating result€155k-€20k▼ 87.3%€130k▲ 563%€152k▲ 16.5%€139k▼ 8.4%
2021: €155khighest in 5 years
2022: €20k▼ -87.3% vs 2021lowest in 5 years
2023: €130k▲ +563% vs 2022
2024: €152k▲ +16.5% vs 2023
2025: €139k▼ -8.4% vs 2024
Net result€118k-€22k▼ 81.5%€34k▲ 56.9%€49k▲ 41.9%€43k▼ 11.2%
2021: €118khighest in 5 years
2022: €22k▼ -81.5% vs 2021lowest in 5 years
2023: €34k▲ +56.9% vs 2022
2024: €49k▲ +41.9% vs 2023
2025: €43k▼ -11.2% vs 2024
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 8% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.17M
Fixed assets
€2.52M ▼ 2.8%
Current assets
€653k ▼ 4.6%
Equity and liabilities €3.17M
Equity
€500k ▲ 6.0%
Debt
€2.67M ▼ 4.7%
Debt's share of the balance-sheet total falls from 85.6% to 84.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€255k▼
2024 · €283k
Cash flow
€159k▼
2024 · €179k
Current ratio
0.85▼
2024 · 0.94
Quick ratio
0.25▼
2024 · 0.25
Debt to equity
5.35▼
2024 · 5.94
ROE
8.6%▼
2024 · 10.3%
ROA
1.4%▼
2024 · 1.5%
Interest coverage
2.27▼
2024 · 2.31
Debt ≤ 1 year
€771k▲
2024 · €729k
Debt > 1 year
€1.89M▼
2024 · €2.06M
Income taxes
€18k▼
2024 · €19k
Staff costs
€502k▲
2024 · €494k
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 · 60 lines
Balance sheet
Code20242025
Assets
Total assets20/58€3.27M€3.17M▼
Fixed assets21/28€2.59M€2.52M▼
Intangible fixed assets21€4k€10k▲
Tangible fixed assets22/27€2.59M€2.51M▼
Land and buildings22€2.50M€2.42M▼
Plant, machinery and equipment23€11k€8k▼
Furniture and vehicles24€76k€80k▲
Current assets29/58€685k€653k▼
Stocks and contracts in progress3€500k€459k▼
Stocks30/36€500k€459k▼
Amounts receivable within one year40/41€126k€137k▲
Trade receivables40€95k€113k▲
Other amounts receivable41€31k€23k▼
Cash at bank and in hand54/58€36k€35k▼
Deferred charges and accrued income490/1€22k€23k▲
Equity and liabilities
Total equity and liabilities10/49€3.27M€3.17M▼
Equity10/15€472k€500k▲
Contributions10/11€127k€127k=
Reserves13€343k€371k▲
Distributable reserves133€343k€371k▲
Profit (loss) carried forward14€1k€1k▲
Amounts payable17/49€2.80M€2.67M▼
Amounts payable after more than one year17€2.06M€1.89M▼
Financial debts170/4€2.03M€1.88M▼
Other amounts payable178/9€33k€14k▼
Amounts payable within one year42/48€729k€771k▲
Current portion of amounts payable after more than one year42€176k€178k▲
Financial debts43€386k€436k▲
Credit institutions430/8€362k€412k▲
Other loans439€24k€24k▼
Trade debts44€70k€53k▼
Suppliers440/4€70k€53k▼
Taxes, remuneration and social security45€79k€88k▲
Taxes450/3€25k€15k▼
Remuneration and social security454/9€54k€74k▲
Other amounts payable47/48€19k€16k▼
Accrued charges and deferred income492/3€11k€11k▼
Income statement
Code20242025
Remuneration, social security and pensions62€494k€502k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€131k€116k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-3k€18k▲
Other operating charges640/8€29k€30k▲
Non-recurring operating charges66A-€532
Gross operating margin9900€802k€807k▲
Operating profit (loss)9901€152k€139k▼
Financial income75/76B€38k€34k▼
Recurring financial income75€38k€34k▼
Financial charges65/66B€122k€112k▼
Recurring financial charges65€122k€112k▼
Profit (loss) for the period before taxes9903€68k€61k▼
Income taxes67/77€19k€18k▼
Profit (loss) for the period9904€49k€43k▼
Profit (loss) for the period to be appropriated9905€49k€43k▼
Appropriation of the result
Profit (loss) to be appropriated9906€51k€44k▼
Profit (loss) brought forward from the previous period14P€3k€1k▼
Transfer to equity691/2€34k€28k▼
To other reserves6921€34k€28k▼
Profit to be distributed694/7€17k€15k▼
Return on contributions (dividend)694€2k€15k▲
Directors or managers695€15k-
Social balance
Average headcount (FTE)90878.48.3▼
The notes to these accounts (26 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €571k | €607k | €608k | €494k | €502k | ▲ 1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €95k | €344k | €140k | €131k | €116k | ▼ 11.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €8k | €-8k | €10k | €-3k | €18k | ▲ 685% |
| Other operating charges640/8 | €7k | €7k | €27k | €29k | €30k | ▲ 4.5% |
| Non-recurring operating charges66A | €4k | - | - | - | €532 | - |
| Gross operating margin9900 | €839k | €970k | €915k | €802k | €807k | ▲ 0.5% |
| Operating profit (loss)9901 | €155k | €20k | €130k | €152k | €139k | ▼ 8.4% |
| Financial income75/76B | €43k | €53k | €48k | €38k | €34k | ▼ 11.1% |
| Recurring financial income75 | €43k | €53k | €48k | €38k | €34k | ▼ 11.1% |
| Financial charges65/66B | €26k | €36k | €120k | €122k | €112k | ▼ 8.2% |
| Recurring financial charges65 | €26k | €36k | €120k | €122k | €112k | ▼ 8.2% |
| Profit (loss) for the period before taxes9903 | €172k | €36k | €59k | €68k | €61k | ▼ 10.3% |
| Income taxes67/77 | €54k | €14k | €25k | €19k | €18k | ▼ 7.9% |
| Profit (loss) for the period9904 | €118k | €22k | €34k | €49k | €43k | ▼ 11.2% |
| Profit (loss) for the period to be appropriated9905 | €118k | €22k | €34k | €49k | €43k | ▼ 11.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.62M | €3.55M | €3.37M | €3.27M | €3.17M | ▼ 3.1% |
| Fixed assets21/28 | €963k | €2.74M | €2.66M | €2.59M | €2.52M | ▼ 2.8% |
| Intangible fixed assets21 | €6k | €4k | €2k | €4k | €10k | ▲ 188% |
| Tangible fixed assets22/27 | €958k | €2.73M | €2.66M | €2.59M | €2.51M | ▼ 3.0% |
| Land and buildings22 | €760k | €2.64M | €2.59M | €2.50M | €2.42M | ▼ 3.2% |
| Plant, machinery and equipment23 | €13k | €8k | €8k | €11k | €8k | ▼ 22.6% |
| Furniture and vehicles24 | €126k | €83k | €61k | €76k | €80k | ▲ 4.5% |
| Other tangible fixed assets26 | €59k | - | - | - | - | - |
| Current assets29/58 | €657k | €816k | €710k | €685k | €653k | ▼ 4.6% |
| Stocks and contracts in progress3 | €441k | €527k | €491k | €500k | €459k | ▼ 8.3% |
| Stocks30/36 | €441k | €527k | €491k | €500k | €459k | ▼ 8.3% |
| Amounts receivable within one year40/41 | €109k | €133k | €97k | €126k | €137k | ▲ 8.3% |
| Trade receivables40 | €73k | €85k | €77k | €95k | €113k | ▲ 19.0% |
| Other amounts receivable41 | €36k | €48k | €21k | €31k | €23k | ▼ 24.5% |
| Cash at bank and in hand54/58 | €81k | €140k | €95k | €36k | €35k | ▼ 3.7% |
| Deferred charges and accrued income490/1 | €27k | €15k | €27k | €22k | €23k | ▲ 2.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.62M | €3.55M | €3.37M | €3.27M | €3.17M | ▼ 3.1% |
| Equity10/15 | €384k | €405k | €440k | €472k | €500k | ▲ 6.0% |
| Contributions10/11 | €127k | €127k | €127k | €127k | €127k | = |
| Reserves13 | €254k | €275k | €310k | €343k | €371k | ▲ 8.2% |
| Non-distributable reserves130/1 | €13k | €13k | - | - | - | - |
| Reserves not available under the articles1311 | €13k | €13k | - | - | - | - |
| Distributable reserves133 | €241k | €263k | €310k | €343k | €371k | ▲ 8.2% |
| Profit (loss) carried forward14 | €3k | €3k | €3k | €1k | €1k | ▲ 4.9% |
| Amounts payable17/49 | €1.24M | €3.15M | €2.93M | €2.80M | €2.67M | ▼ 4.7% |
| Amounts payable after more than one year17 | €556k | €2.39M | €2.21M | €2.06M | €1.89M | ▼ 8.4% |
| Financial debts170/4 | €456k | €2.35M | €2.18M | €2.03M | €1.88M | ▼ 7.6% |
| Other amounts payable178/9 | €100k | €41k | €33k | €33k | €14k | ▼ 56.4% |
| Amounts payable within one year42/48 | €674k | €745k | €710k | €729k | €771k | ▲ 5.8% |
| Current portion of amounts payable after more than one year42 | €89k | €190k | €173k | €176k | €178k | ▲ 1.6% |
| Financial debts43 | €390k | €391k | €385k | €386k | €436k | ▲ 12.9% |
| Credit institutions430/8 | €362k | €362k | €362k | €362k | €412k | ▲ 13.8% |
| Other loans439 | €28k | €29k | €23k | €24k | €24k | ▼ 0.3% |
| Trade debts44 | €71k | €54k | €75k | €70k | €53k | ▼ 24.6% |
| Suppliers440/4 | €71k | €54k | €75k | €70k | €53k | ▼ 24.6% |
| Taxes, remuneration and social security45 | €114k | €107k | €73k | €79k | €88k | ▲ 12.2% |
| Taxes450/3 | €31k | €32k | €20k | €25k | €15k | ▼ 41.7% |
| Remuneration and social security454/9 | €84k | €75k | €52k | €54k | €74k | ▲ 37.4% |
| Other amounts payable47/48 | €10k | €3k | €4k | €19k | €16k | ▼ 13.4% |
| Accrued charges and deferred income492/3 | €6k | €10k | €10k | €11k | €11k | ▼ 1.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €118k | €22k | €34k | €49k | €43k | ▼ 11.2% |
| + Depreciation and write-downs630 | €95k | €344k | €140k | €131k | €116k | ▼ 11.2% |
| Operating cash flow (approximation) | €213k | €366k | €174k | €179k | €159k | ▼ 11.2% |
| Investment in fixed assets (approximation) | - | €-2.12M | €-65k | €-60k | €-45k | ▲ 25.9% |
| Change in cash | - | €60k | €-45k | €-59k | €-1k | ▲ 97.7% |
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
Next filing, fiscal year 2026, expected by
2026
11-05
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
18-04
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
16-04
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
12-04
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Highest result since 2018net €118k ▲109%
Operating result €155k, net result €118k, both a record.
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Back to profitnet €57k
Net result €57k after one loss-making year.
15-05
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Weakest financial yearnet €-21k
Net result drops to €-21k, the lowest in the series; recovery starts the following year.
18-03
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
27-02
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
13-03
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
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, Baelen · 1 establishment unit since 1995
Ground area
8,986 m²
Building footprint
1,430 m²
Volume, LiDAR
8,659 m³
2 parcels, Wallonia · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue de Herbesthal 277, 4700 Eupen
since 19952.071.852.296
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63023B0033/02_000 | Wallonia | 7,124 m² | 1 · 1,213 m² | 9.6 m · 2 fl. |
| 63004A0720/00H000 | Wallonia | 1,862 m² | 1 · 217 m² | 8.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 679 companies in sector 46494 we hold annual accounts for 530. 400 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
Founded17-05-1995
Fiscal year end31-12
Activities, NACEBEL 2025
46494Wholesale of non-electrical household articles
47551Retail sale of household furniture
46431Wholesale of electrical household appliances and audio-video equipment
47540Retail sale of electrical household appliances
Contact
E-mail
info@kuckart.beEupen
Phone
087/ 89 03 37Eupen
Scores and ratios are computed by Checked and are not a credit decision.