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Cookstore

Active
Private limited companyfounded 20197 yrs activeVaart Rechteroever 49-51, 9800 Deinze, BelgiumKBO/BCE: BE 0732.796.002
Summary

The computed 12-month bankruptcy probability of Cookstore is 2.8% (moderate). The 2024 annual accounts show negative equity (-€1.4m) and a net result of -€126,306. Equity is shrinking by ~36.4% per year across the filed fiscal years. Its solvency ranks better than 5% of 9046 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability0=
Solvency0=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
2.8% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.69 against 0.59 in 2023; short-term debt: 145.8% and cash: 14.9% of total assets), and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 7 years 0 10 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
-361.1%
Return on assets
-33.1%
Age of the figures
21 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 · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
21222324
2021 to 2024 · latest year -€1.4m
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 07-07-2025, 24 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
not confirmed
2024
24 d early
2023
13 d early
2022
13 d early
2021
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 13 days before 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)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 22 August 2019, Cookstore was incorporated as a Private limited company.1 Total assets went from EUR 642,703 in 2021 to EUR 382,103 in 2024 and headcount from 3.5 to 4 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2021 and 2024

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Financials · fiscal year 2024, abbreviated schema

Equity
-€1.4m▼ 10.1%
2023 · -€1.3m
Total assets
€382,103▲ 84.4%
2023 · €207,230
Net result
-€126,306▲ 67.2%
2023 · -€385,518
Working capital
-€175,024▼ 22.3%
2023 · -€143,090
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
Line2021202220232024
Operating result-€317,461--€621,714▼ 95.8%-€376,374▲ 39.5%-€103,516▲ 72.5%
Net result-€316,678--€651,455▼ 106%-€385,518▲ 40.8%-€126,306▲ 67.2%
Equity-€216,678--€868,133▼ 301%-€1.3m▼ 44.4%-€1.4m▼ 10.1%
Total assets€642,703-€189,880▼ 70.5%€207,230▲ 9.1%€382,103▲ 84.4%
Debt€859,381-€1.1m▲ 23.1%€1.5m▲ 38.1%€1.8m▲ 20.6%
Working capital-€202,123--€836,124▼ 314%-€143,090▲ 82.9%-€175,024▼ 22.3%
Staff (FTE)3.5-7▲ 100%5.3▼ 24.3%4▼ 24.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Why a figure moved sharply
  • 2024 Net result +67%, Total assets +84% on 2023. Cause not known from the registers.
  • 2022 Net result -106% on 2021. This fiscal year ran 18 months.
  • 2022 Equity -301%, Total assets -70% on 2021. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
-€800,000-€600,000-€400,000-€200,000€0Operating result 2021: -€317,461-€317,461Net result 2021: -€316,678-€316,678Operating result 2022: -€621,714-€621,714Net result 2022: -€651,455-€651,455Operating result 2023: -€376,374-€376,374Net result 2023: -€385,518-€385,518Operating result 2024: -€103,516-€103,516Net result 2024: -€126,306-€126,3062021202220232024-€800,000-€600,000-€400,000-€200,000€0Operating result 2022: -€621,714-€622,000Net result 2022: -€651,455-€651,000Operating result 2023: -€376,374-€376,000Net result 2023: -€385,518-€386,000Operating result 2024: -€103,516-€104,000Net result 2024: -€126,306-€126,000202220232024
The operating result stays negative: a loss of €103,516 in 2024 against €376,374 in 2023; the loss shrinks.
Key figures and ratios
2024 value · change against 2023
Solvency
-361.1%▲
2023 · -605.0%
Current ratio
0.69▲
2023 · 0.59
Debt to equity
-1.28▼
2023 · -1.17
ROA
-33.1%▲
2023 · -186.0%
Debt ≤ 1 year
€557,128▲
2023 · €350,320
Debt > 1 year
€1.2m▲
2023 · €1.1m
Staff costs
€239,172▼
2023 · €327,016
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,035 companies that looked in July 2024 the way this one looks now, 7.2% went bankrupt within 24 months and 82% are still going.

  • Micro
  • 5 to 10 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
7.2% went bankrupt
8.2% stopped otherwise
82% still going

A further 2.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.8% 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%.

The companies in ten equal groups, from lowest to highest expected share.
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 6,035 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 35 lines
Balance sheet Code20232024
Assets
Total assets20/58€207,230€382,103▲
Current assets29/58€207,230€382,103▲
Amounts receivable within one year40/41€164,242€325,077▲
Trade receivables40€153,836€298,905▲
Other amounts receivable41€10,407€26,172▲
Cash at bank and in hand54/58€42,988€57,027▲
Equity and liabilities
Total equity and liabilities10/49€207,230€382,103▲
Equity10/15-€1.3m-€1.4m▼
Contributions10/11€100,000€100,000=
Profit (loss) carried forward14-€1.4m-€1.5m▼
Amounts payable17/49€1.5m€1.8m▲
Amounts payable after more than one year17€1.1m€1.2m▲
Financial debts170/4€1.1m€1.2m▲
Amounts payable within one year42/48€350,320€557,128▲
Trade debts44€207,352€517,300▲
Suppliers440/4€207,352€517,300▲
Taxes, remuneration and social security45€70,507€39,828▼
Taxes450/3€22,517€19,006▼
Remuneration and social security454/9€47,989€20,822▼
Other amounts payable47/48€72,461-
Accrued charges and deferred income492/3€10,561€23,910▲
Income statement Code20232024
Remuneration, social security and pensions62€327,016€239,172▼
Other operating charges640/8€746€542▼
Gross operating margin9900-€48,612€136,198▲
Operating profit (loss)9901-€376,374-€103,516▲
Financial income75/76B€5€655▲
Recurring financial income75€5€655▲
Financial charges65/66B€9,148€23,444▲
Recurring financial charges65€9,148€23,444▲
Profit (loss) for the period before taxes9903-€385,518-€126,306▲
Profit (loss) for the period9904-€385,518-€126,306▲
Profit (loss) for the period to be appropriated9905-€385,518-€126,306▲
Appropriation of the result
Profit (loss) to be appropriated9906-€1.4m-€1.5m▼
Profit (loss) brought forward from the previous period14P-€968,133-€1.4m▼
Social balance
Average headcount (FTE)90875.34.0▼

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2021202220232024Change
Remuneration, social security and pensions62-€562,750€327,016€239,172▼ 26.9%
Other operating charges640/8-€949€746€542▼ 27.3%
Gross operating margin9900-€39,873-€58,015-€48,612€136,198▲ 380%
Operating profit (loss)9901-€317,461-€621,714-€376,374-€103,516▲ 72.5%
Financial income75/76B-€342€5€655▲ 12,947%
Recurring financial income75€1,021€342€5€655▲ 12,947%
Financial charges65/66B-€30,084€9,148€23,444▲ 156%
Recurring financial charges65€237€2,282€9,148€23,444▲ 156%
Non-recurring financial charges66B-€27,801---
Profit (loss) for the period before taxes9903-€316,678-€651,455-€385,518-€126,306▲ 67.2%
Profit (loss) for the period9904-€316,678-€651,455-€385,518-€126,306▲ 67.2%
Profit (loss) for the period to be appropriated9905-€316,678-€651,455-€385,518-€126,306▲ 67.2%
Line2021202220232024Change
Assets
Total assets20/58€642,703€189,880€207,230€382,103▲ 84.4%
Current assets29/58€642,703€189,880€207,230€382,103▲ 84.4%
Amounts receivable within one year40/41€513,002€157,071€164,242€325,077▲ 97.9%
Trade receivables40-€115,176€153,836€298,905▲ 94.3%
Other amounts receivable41-€41,895€10,407€26,172▲ 151%
Cash at bank and in hand54/58€129,635€32,809€42,988€57,027▲ 32.7%
Equity and liabilities
Total equity and liabilities10/49€642,703€189,880€207,230€382,103▲ 84.4%
Equity10/15-€216,678-€868,133-€1.3m-€1.4m▼ 10.1%
Contributions10/11-€100,000€100,000€100,000=
Profit (loss) carried forward14-€316,678-€968,133-€1.4m-€1.5m▼ 9.3%
Amounts payable17/49€859,381€1.1m€1.5m€1.8m▲ 20.6%
Amounts payable after more than one year17--€1.1m€1.2m▲ 7.4%
Financial debts170/4--€1.1m€1.2m▲ 7.4%
Amounts payable within one year42/48€844,826€1.0m€350,320€557,128▲ 59.0%
Trade debts44€791,235€713,988€207,352€517,300▲ 149%
Suppliers440/4-€713,988€207,352€517,300▲ 149%
Taxes, remuneration and social security45-€80,140€70,507€39,828▼ 43.5%
Taxes450/3-€24,726€22,517€19,006▼ 15.6%
Remuneration and social security454/9-€55,415€47,989€20,822▼ 56.6%
Other amounts payable47/48-€231,876€72,461--
Accrued charges and deferred income492/3-€32,009€10,561€23,910▲ 126%
Line2021202220232024Change
Profit (loss) for the period9904-€316,678-€651,455-€385,518-€126,306▲ 67.2%
Operating cash flow (approximation)-€316,678-€651,455-€385,518-€126,306▲ 67.2%
Change in cash--€96,826€10,179€14,039▲ 37.9%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
07-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
18-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
18-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial Weakest financial yearnet -€651,455
Net result drops to -€651,455, the lowest in the series; recovery starts the following year.
31-01
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts

We know of 6 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
6 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, Deinze · 1 establishment unit since 2020
seat establishment The establishment unit on the map
Ground area
1.8 ha
Building footprint
1.2 ha
Volume, LiDAR
105,010 m³
Parcel 44011A0752/00P000, Flanders · tallest building 13.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
LivWise
Vaart Rechteroever 49-51, 9800 DeinzeAgents in the wholesale of furniture, household goods and hardware
since 20202.309.871.094
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44011A0752/00P000 Flanders 1.8 ha 1 · 1.2 ha 13.4 m · 4 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.

Structure & network

Owners and holdings

1 owner

Chain of control

  1. Domoco 100%
  2. Cookstore

Highest known parent: Domoco. The sources do not say who stands above it.

Owners 1

Holdings 0

The accounts to 31-12-2023 list no holdings, and no other source names one.

According to the 2023 annual accounts of Cookstore and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 1,743 companies in sector 46150 we hold annual accounts for 758. 136 are within a factor 10 of this headcount. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded22-08-2019
Fiscal year end31-12
Activities, NACEBEL 2025
46150Agents in the wholesale of furniture, household goods and hardware
47120Other non-specialised retail sale
46494Wholesale of non-electrical household articles
E-invoicing
Reachable via Peppol
Peppol ID 0208:0732796002
Registered 13-11-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.