COOL CONSTRUCTIONS
Open bankruptcyFinancials · financial year 2025, micro format
Equity
€164,943▲ 19.6%
2024 · €137,947
Total assets
€2.1m▲ 2.5%
2024 · €2.1m
Net result
€26,996▲ 15.8%
2024 · €23,307
Working capital
€172,132▲ 35.8%
2024 · €126,744
Trend over the years
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result recovers in 2025; 2025 is 23% above 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€0.03m
2025
Net result€0.03m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€2.1m
2025
Equity€0.2m
2025
Debt€2.0m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€0.2m
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)1.3%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency7.7%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio1.09
2025
Average staff in full-time equivalents (FTE).
Staff (FTE)1
2022
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€0.01m--€0.2m-€0.05m▲ 68.8%€0.07m€0.2m▲ 126%€0.02m▼ 85.0%€0.03m▲ 22.5%
Net result€0.001m--€0.2mbelow the sector's middle half-€0.06mbelow the sector's middle half▲ 66.6%€0.05mabove the sector's middle half€0.1mabove the sector's middle half▲ 150%€0.02mwithin the sector's middle half▼ 83.0%€0.03mabove the sector's middle half▲ 15.8%
Equity€0.1m--€0.08mbelow the sector's middle half-€0.1mbelow the sector's middle half▼ 75.6%-€0.02mbelow the sector's middle half▲ 83.5%€0.1mabove the sector's middle half€0.1mabove the sector's middle half▲ 20.3%€0.2mabove the sector's middle half▲ 19.6%
Total assets€1.3m-€1.3mwithin the sector's middle half▼ 5.3%€1.3mabove the sector's middle half▲ 7.2%€1.4mabove the sector's middle half▲ 6.6%€1.9mabove the sector's middle half▲ 32.2%€2.1mabove the sector's middle half▲ 9.8%€2.1mabove the sector's middle half▲ 2.5%
Debt€1.2m-€1.3m▲ 8.4%€1.5m▲ 11.2%€1.5m▼ 1.6%€1.8m▲ 22.3%€1.9m▲ 9.1%€2.0m▲ 1.3%
Working capital€0.02m--€0.2mbelow the sector's middle half-€0.2mbelow the sector's middle half▼ 23.4%-€0.1mbelow the sector's middle half▲ 48.8%€0.06mwithin the sector's middle half€0.1mabove the sector's middle half▲ 102%€0.2mabove the sector's middle half▲ 35.8%
Solvency7.3%--6.1%below the sector's middle half▼ 13.4pp-10.0%below the sector's middle half▼ 3.9pp-1.5%below the sector's middle half▲ 8.5pp6.0%below the sector's middle half▲ 7.6pp6.6%below the sector's middle half▲ 0.6pp7.7%below the sector's middle half▲ 1.1pp
Current ratio1.01-0.88below the sector's middle half▼ 0.140.86below the sector's middle half▼ 0.010.93below the sector's middle half▲ 0.071.04below the sector's middle half▲ 0.111.07within the sector's middle half▲ 0.031.09within the sector's middle half▲ 0.02
Return on assets (ROA)0.1%--13.9%below the sector's middle half▼ 14.0pp-4.3%below the sector's middle half▲ 9.5pp3.8%within the sector's middle half▲ 8.1pp7.2%within the sector's middle half▲ 3.4pp1.1%within the sector's middle half▼ 6.1pp1.3%within the sector's middle half▲ 0.1pp
Staff (FTE)1.2-1.81▼ 44.4%
above
within
below
the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Why a figure moved sharply
- 2021 Net result +67% on 2020. The accounts now follow the micro format, last year the abbreviated format.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.1m
Fixed assets
€7,609 ▼ 45.4%
Current assets
€2.1m ▲ 2.8%
Equity and liabilities €2.1m
Equity
€164,943 ▲ 19.6%
Debt
€2.0m ▲ 1.3%
Debt's share of the balance-sheet total falls from 93.4% to 92.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€35,194▼
2024 · €64,294
Cash flow
€33,315▼
2024 · €64,034
Quick ratio
0.99▲
2024 · 0.97
Debt to equity
11.94▼
2024 · 14.10
ROE
16.4%▼
2024 · 16.9%
Interest coverage
26.17▼
2024 · over 100
Debt ≤ 1 year
€2.0m▲
2024 · €1.9m
Income taxes
€9,510
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €52,094 | €47,486 | €46,725 | €60,357 | €40,732 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €37,952 | €38,825 | €49,386 | €40,727 | €40,727 | €40,727 | €6,319 | ▼ 84.5% |
| Other operating charges640/8 | - | €20,603 | €12,995 | €4,356 | €221 | - | €9,963 | - |
| Gross operating margin9900 | €112,546 | -€58,376 | €56,891 | €161,297 | €258,263 | €105,026 | €45,157 | ▼ 57.0% |
| Operating profit (loss)9901 | €11,175 | -€169,898 | -€52,976 | €69,488 | €156,958 | €23,567 | €28,875 | ▲ 22.5% |
| Financial income75/76B | - | €4,876 | €0 | €74 | - | - | €8,976 | - |
| Recurring financial income75 | €1,253 | €4,876 | €0 | €74 | - | - | €8,976 | - |
| Financial charges65/66B | - | €6,404 | €4,865 | €4,012 | €85 | €260 | €1,345 | ▲ 417% |
| Recurring financial charges65 | €9,728 | €6,404 | €4,865 | €4,012 | €85 | €260 | €1,345 | ▲ 417% |
| Profit (loss) for the period before taxes9903 | €2,700 | -€171,427 | -€57,841 | €65,550 | €156,873 | €23,307 | €36,506 | ▲ 56.6% |
| Income taxes67/77 | €1,265 | €2,479 | €292 | €10,862 | €20,000 | - | €9,510 | - |
| Profit (loss) for the period9904 | €1,435 | -€173,906 | -€58,133 | €54,688 | €136,873 | €23,307 | €26,996 | ▲ 15.8% |
| Profit (loss) for the period to be appropriated9905 | €1,435 | -€173,906 | -€58,133 | €54,688 | €136,873 | €23,307 | €26,996 | ▲ 15.8% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €1.3m | €1.3m | €1.3m | €1.4m | €1.9m | €2.1m | €2.1m | ▲ 2.5% |
| Fixed assets21/28 | €0.1m | €0.1m | €0.08m | €0.09m | €0.05m | €0.01m | €0.008m | ▼ 45.4% |
| Tangible fixed assets22/27 | €0.1m | €0.1m | €0.08m | €0.09m | €0.05m | €0.01m | €0.008m | ▼ 45.4% |
| Plant, machinery and equipment23 | - | €0.05m | €0.02m | €0.04m | €0.05m | €0.01m | €0.008m | ▼ 45.4% |
| Furniture and vehicles24 | - | €0.05m | €0.06m | €0.05m | €0.006m | - | - | - |
| Current assets29/58 | €1.2m | €1.2m | €1.3m | €1.3m | €1.8m | €2.1m | €2.1m | ▲ 2.8% |
| Stocks and contracts in progress3 | €1.0m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Stocks30/36 | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Amounts receivable within one year40/41 | €0.2m | €0.8m | €1.1m | €1.2m | €1.6m | €1.9m | €1.9m | ▲ 3.1% |
| Trade receivables40 | - | €0.7m | €0.9m | €1.0m | €1.4m | €1.6m | €1.8m | ▲ 12.1% |
| Other amounts receivable41 | - | €0.1m | €0.2m | €0.1m | €0.2m | €0.2m | €0.08m | ▼ 64.6% |
| Cash at bank and in hand54/58 | €0.09m | €0.001m | €0.01m | - | €0.01m | €0.01m | €0.01m | ▼ 6.3% |
| Deferred charges and accrued income490/1 | - | €0.1m | - | - | - | €0.004m | €0.005m | ▲ 29.9% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €1.3m | €1.3m | €1.3m | €1.4m | €1.9m | €2.1m | €2.1m | ▲ 2.5% |
| Equity10/15 | €0.1m | -€0.08m | -€0.1m | -€0.02m | €0.1m | €0.1m | €0.2m | ▲ 19.6% |
| Contributions10/11 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Contributions outside capital11 | - | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Other1109/19 | - | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.04m | €0.04m | €0.04m | €0.04m | €0.04m | €0.04m | €0.04m | = |
| Non-distributable reserves130/1 | - | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Reserves not available under the articles1311 | - | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Distributable reserves133 | - | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | = |
| Profit (loss) carried forward14 | €0.04m | -€0.1m | -€0.2m | -€0.08m | €0.06m | €0.08m | €0.1m | ▲ 32.3% |
| Amounts payable17/49 | €1.2m | €1.3m | €1.5m | €1.5m | €1.8m | €1.9m | €2.0m | ▲ 1.3% |
| Amounts payable after more than one year17 | €0.04m | €0.02m | €0.01m | €0.01m | €0.003m | €0.003m | - | - |
| Financial debts170/4 | - | €0.02m | €0.01m | €0.01m | €0.003m | €0.003m | - | - |
| Amounts payable within one year42/48 | €1.2m | €1.3m | €1.5m | €1.4m | €1.8m | €1.9m | €2.0m | ▲ 0.7% |
| Current portion of amounts payable after more than one year42 | - | €0.04m | €0.009m | - | €0.003m | €0.003m | - | - |
| Financial debts43 | - | €0.02m | €0.02m | €0.01m | €0.02m | €0.02m | - | - |
| Credit institutions430/8 | - | €0.02m | €0.02m | €0.01m | €0.02m | €0.02m | - | - |
| Trade debts44 | €0.2m | €0.2m | €0.2m | €0.01m | €0.3m | €0.4m | €0.4m | ▲ 9.3% |
| Suppliers440/4 | - | €0.2m | €0.2m | €0.01m | €0.3m | €0.4m | €0.4m | ▲ 9.3% |
| Advances received on contracts in progress46 | - | €0.09m | €0.09m | €0.09m | €0.09m | €0.09m | €0.09m | = |
| Taxes, remuneration and social security45 | - | €0.08m | €0.1m | €0.2m | €0.2m | €0.3m | €0.3m | ▲ 6.8% |
| Taxes450/3 | - | €0.08m | €0.1m | €0.2m | €0.2m | €0.2m | €0.3m | ▲ 12.7% |
| Remuneration and social security454/9 | - | €0.007m | €0.002m | €0.01m | €0.02m | €0.04m | €0.02m | ▼ 32.7% |
| Other amounts payable47/48 | - | €0.9m | €1.0m | €1.1m | €1.1m | €1.2m | €1.2m | ▼ 1.2% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | - | €0.01m | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,435 | -€173,906 | -€58,133 | €54,688 | €136,873 | €23,307 | €26,996 | ▲ 15.8% |
| + Depreciation and write-downs630 | €37,952 | €38,825 | €49,386 | €40,727 | €40,727 | €40,727 | €6,319 | ▼ 84.5% |
| Operating cash flow (approximation) | €39,388 | -€135,081 | -€8,747 | €95,415 | €177,600 | €64,034 | €33,315 | ▼ 48.0% |
| Investment in fixed assets (approximation) | - | -€25,279 | -€20,521 | -€54,986 | -€5,000 | €0 | -€0 | - |
| Change in cash | - | -€86,453 | €9,174 | - | - | €0 | -€821 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 20 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-09-2025 | micro format | 29-04-2026 | 2026-00102698 |
| 30-09-2024 | micro format | 09-10-2025 | 2025-00537014 |
| 30-09-2023 | micro format | 02-07-2024 | 2024-00195293 |
| 30-09-2022 | micro format | 22-12-2023 | 2023-00534999 |
| 30-09-2021 | micro format | 01-06-2023 | 2023-00101967 |
| 30-09-2020 | abbreviated format | 05-07-2022 | 2022-20133513 |
| 30-09-2019 | micro format | 19-08-2020 | 2020-43200521 |
| 30-09-2018 | micro format | 12-09-2019 | 2019-64200145 |
| 30-09-2017 | micro format | 25-06-2018 | 2018-24800176 |
| 30-09-2016 | abbreviated format | 08-11-2017 | 2017-69400328 |
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Of the 29,196 active companies whose main activity is general construction of residential buildings (NACE 41001), figures are known for 16,162. 12,565 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.