COOL-AT
ActiveThe computed 12-month bankruptcy probability of COOL-AT is 2.1% (moderate). The 2025 annual accounts show equity of €28k and a net result of €49k. Equity is growing by ~42.8% per year across the filed fiscal years. Its solvency ranks better than 19% of 27711 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+14
Solvency41▼-59
Growth58▲+6
Track record94
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity short (current ratio 0.96 against 5.7 in 2024; short-term debt: 83.7% and cash: 57.3% of total assets), and 83.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+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 dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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 2025Solvency, return and age of the figures
Solvency
16.3%
Return on assets
28.7%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 27711 sector peers (2025).
NBB · sector comparisonPosition among 27711 sector peers
Solvency
better than 19%
← 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 26-05-2026, 66 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
66 d early
2024
on the day
2023
8 d early
2022
28 d early
2021
5 d early
← before the deadline
after the deadline →
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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€28k▼ 79.2%
2024 · €134k
2021: €31k
2022: €61k
2023: €112k
2024: €134k
2021 → 2025
Total assets
€171k▲ 7.0%
2024 · €160k
2021: €91k
2022: €109k
2023: €162k
2024: €160k
2021 → 2025
Net result
€49k▲ 121%
2024 · €22k
2021: €24k
2022: €30k
2023: €50k
2024: €22k
2021 → 2025
Working capital
€-6k
2024 · €93k
2021: €8k
2022: €31k
2023: €63k
2024: €93k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€31k-€61k▲ 97.0%€112k▲ 82.1%€134k▲ 19.9%€28k▼ 79.2%
Operating result€29k-€39k▲ 34.2%€63k▲ 59.7%€29k▼ 53.9%€66k▲ 126%
Net result€24k-€30k▲ 27.8%€50k▲ 66.7%€22k▼ 55.7%€49k▲ 121%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 126% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €171k
Fixed assets
€34k▼ 28.4%
Current assets
€138k▲ 21.7%
Equity and liabilities €171k
Equity
€28k▼ 79.2%
Debt
€143k▲ 450%
The debt ratio rises from 16.3% to 83.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€83k▲
2024 · €48k
Cash flow
€67k▲
2024 · €41k
Solvency
16.3%▼
2024 · 83.7%
Current ratio
0.96▼
2024 · 5.70
Quick ratio
0.78▼
2024 · 4.12
Debt / equity
5.15▲
2024 · 0.19
ROE
176.4%▲
2024 · 16.6%
ROA
28.7%▲
2024 · 13.9%
Interest coverage
437.52▲
2024 · 77.48
Debt
€143k▲
2024 · €26k
Debt ≤ 1 year
€143k▲
2024 · €20k
Income taxes
€16k▲
2024 · €6k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€160k€171k▲
Fixed assets21/28€47k€34k▼
Intangible fixed assets21€986€567▼
Tangible fixed assets22/27€46k€33k▼
Plant, machinery and equipment23€24k€22k▼
Furniture and vehicles24€18k€8k▼
Other tangible fixed assets26€4k€3k▼
Current assets29/58€113k€138k▲
Stocks and contracts in progress3€31k€26k▼
Stocks30/36€31k€26k▼
Amounts receivable within one year40/41€18k€13k▼
Trade receivables40€5k€429▼
Other amounts receivable41€14k€12k▼
Cash at bank and in hand54/58€63k€98k▲
Deferred charges and accrued income490/1€804€733▼
Equity and liabilities
Total equity and liabilities10/49€160k€171k▲
Equity10/15€134k€28k▼
Contributions10/11€8k€8k=
Reserves13€127k€20k▼
Distributable reserves133€127k€20k▼
Amounts payable17/49€26k€143k▲
Amounts payable after more than one year17€1k-
Financial debts170/4€1k-
Amounts payable within one year42/48€20k€143k▲
Current portion of amounts payable after more than one year42€6k€1k▼
Trade debts44€9k€81▼
Suppliers440/4€9k€81▼
Taxes, remuneration and social security45€30€1k▲
Taxes450/3€30€1k▲
Other amounts payable47/48€5k€140k▲
Accrued charges and deferred income492/3€5k€111▼
Income statement
Code20242025
Non-recurring operating income76A-€246
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€18k▼
Other operating charges640/8€1k€1k▲
Gross operating margin9900€49k€84k▲
Operating profit (loss)9901€29k€66k▲
Financial income75/76B€235€183▼
Recurring financial income75€235€183▼
Financial charges65/66B€617€190▼
Recurring financial charges65€617€190▼
Profit (loss) for the period before taxes9903€29k€66k▲
Income taxes67/77€6k€16k▲
Profit (loss) for the period9904€22k€49k▲
Profit (loss) for the period to be appropriated9905€22k€49k▲
Appropriation of the result
Profit (loss) to be appropriated9906€22k€49k▲
Transfer from equity791/2-€106k
Transfer to equity691/2€22k-
To the legal reserve6920€22k-
Profit to be distributed694/7-€155k
Return on contributions (dividend)694-€155k
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €22k ▼55.7%
Net result drops to €22k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 5.70
Current ratio from 2.52 to 5.70; short-term debt falls from €42k to €20k.
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2021net €50k ▲66.7%
Net result €50k, the highest in the series.
31-12
Financial
Equity above €100kEq €112k ▲82.1%
3 profitable years in a row build equity to €112k.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Putte · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Bredestraat 612580 PutteGround area
1,030 m²
Building footprint
146 m²
Volume, LiDAR
859 m³
Parcel 12029B1026/00B000, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
COOL-AT
since 20212.313.697.448
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12029B1026/00B000 | Flanders | 1,030 m² | 1 · 146 m² | 9.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 1,782 EUR awarded · 1,647 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 542 EUR | 542 EUR |
| 2022 | 1 | 1,240 EUR | 1,105 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
SANIFAST
BE 0750.869.179
Seneffe · Eq €28k
AB THERM
BE 0887.676.197
Rochefort · Eq €28k
Verwarming - Sanitair Nolmans Benny
BE 0444.833.090
Aarschot · Eq €28k
ADS EAU ET CHALEUR
BE 1017.985.801
Charleroi · Eq €28k
KUTLU CHAUFFAGE
BE 0633.729.803
Jette · Eq €28k
Of 9,530 companies in sector 43222 we hold annual accounts for 5,661. 3,952 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-02-2021
Fiscal year end31-12
Activities, NACEBEL
43222Installation of electric heating, air conditioning, cooling and ventilation
43240Other construction installation
43299Specialised construction activities
77229Renting and leasing of other personal and household goods
77299Rental and leasing activities
77392Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.