COOL CONSTRUCTIONS

Open bankruptcy

Private limited company (pre-2019)founded 2005Woestijnstraat(BOR) 4, 2880 Bornem, BelgiumKBO/BCE: BE 0874.087.487

Summary

A bankruptcy procedure is open for COOL CONSTRUCTIONS according to publications in the Belgian Official Gazette. The 2025 annual accounts show equity of €164,943 and a net result of €26,996.

Follow Report

COOL CONSTRUCTIONSOpen bankruptcy

Report

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court: Enterprise Court of Antwerp, Mechelen division
Declared bankrupt: 28 September 2026
Supervising judge: Patrick Vervaet
Official Gazette: 02-10-2026 (pdf) ↗search the document for 2026/140855

Deadlines

Provisional date payments stopped: 28 September 2026A later judgment can change the date.art. XX.105, Code of Economic Law
Appeal or third-party opposition until: passed on 17 October 2026Fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
File the claim in RegSol, the Belgian insolvency register, until: passed on 28 October 2026art. XX.104 and XX.155, Code of Economic Law
First verification report: 23 November 2026Reclaim goods that are still yours, such as goods delivered under retention of title, before this day.art. XX.104 and XX.194, Code of Economic Law
Late claim until: 28 September 2027A late claim shares only in what has not yet been paid out, and you bear its costs.art. XX.165, Code of Economic Law

Trustee

Elke Van WeerdtFrederik De Merode- Straat 94-96, 2800 Mechelenelke.vanweerdt@vandenberghen.be

What to do now

Stop delivering on credit unless the trustee agrees.
Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered, subject to conditions.
Follow the file in RegSol: the verification report (admitted or disputed) and the trustee's reports appear there.

These deadlines come from the publication of the judgment. Check them in RegSol before you file anything; once a deadline has passed, it is too late for that step.

File a claim in RegSol ↗ Follow Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.Creditor guide for this company

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Activity

General construction of residential buildings

NACE 41001

1 site

Size

≈ €320,000turnover 2025, estimated

Equity: €164,943
Profit: €26,996

Turnover estimated from the gross margin

Financial health

Open bankruptcy: no score

Structure

2 deeds in the Belgian Official Gazette

Signalsraises riskOpen bankruptcyWeak solvency vs sectorneutralLatest accounts filed on timeShow the evidence

Signals

Three signals.

raises riskneutral

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 9348 sector peers (2025).

NBB · sector comparison

Position among 9348 sector peers

Solvency

better than 17%

← weakest strongest →

Open bankruptcy

Active bankruptcy procedure in the Belgian Official Gazette. Claims are handled by the appointed trustee. The KBO register also records: open bankruptcy.

Belgian Official Gazette

Latest accounts filed on time

The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

1 day early

2024

162 days late

2023

63 days late

2022

236 days late

2021

397 days late

2020

431 days late

2019

111 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 200 days after the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

02-10-2026 OpeningEnterprise Court of Antwerp, Mechelen…
29-04-2026 Annual accounts filedfinancial year 2025 · micro…
09-10-2025 Annual accounts filedfinancial year 2024 · micro…

Financials · financial year 2025, micro format

Turnover

≈ €320,000

Estimated: probably between €180,000 and €570,000

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

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €2.1m

99.6%

Fixed assets €7,609 ▼ 45.4%

Current assets €2.1m ▲ 2.8%

Equity and liabilities €2.1m

92.3%

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

2025 value · change against 2024

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

OverviewIncome statement Balance sheet Cash flow

Last 5 years All years

Filed annual accounts As filed with the NBB · 2025 against 2024 · 52 lines

Balance sheet Code20242025

Assets

Total assets20/58€2.1m€2.1m▲

Fixed assets21/28€0.01m€0.008m▼

Tangible fixed assets22/27€0.01m€0.008m▼

Plant, machinery and equipment23€0.01m€0.008m▼

Current assets29/58€2.1m€2.1m▲

Stocks and contracts in progress3€0.2m€0.2m=

Stocks30/36€0.2m€0.2m=

Amounts receivable within one year40/41€1.9m€1.9m▲

Trade receivables40€1.6m€1.8m▲

Other amounts receivable41€0.2m€0.08m▼

Cash at bank and in hand54/58€0.01m€0.01m▼

Deferred charges and accrued income490/1€0.004m€0.005m▲

Equity and liabilities

Total equity and liabilities10/49€2.1m€2.1m▲

Equity10/15€0.1m€0.2m▲

Contributions10/11€0.02m€0.02m=

Contributions outside capital11€0.02m€0.02m=

Other1109/19€0.02m€0.02m=

Reserves13€0.04m€0.04m=

Non-distributable reserves130/1€0.002m€0.002m=

Reserves not available under the articles1311€0.002m€0.002m=

Distributable reserves133€0.03m€0.03m=

Profit (loss) carried forward14€0.08m€0.1m▲

Amounts payable17/49€1.9m€2.0m▲

Amounts payable after more than one year17€0.003m-

Financial debts170/4€0.003m-

Amounts payable within one year42/48€1.9m€2.0m▲

Current portion of amounts payable after more than one year42€0.003m-

Financial debts43€0.02m-

Credit institutions430/8€0.02m-

Trade debts44€0.4m€0.4m▲

Suppliers440/4€0.4m€0.4m▲

Advances received on contracts in progress46€0.09m€0.09m=

Taxes, remuneration and social security45€0.3m€0.3m▲

Taxes450/3€0.2m€0.3m▲

Remuneration and social security454/9€0.04m€0.02m▼

Other amounts payable47/48€1.2m€1.2m▼

Accrued charges and deferred income492/3-€0.01m

Income statement Code20242025

Remuneration, social security and pensions62€0.04m-

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.04m€0.006m▼

Other operating charges640/8-€0.01m

Gross operating margin9900€0.1m€0.05m▼

Operating profit (loss)9901€0.02m€0.03m▲

Financial income75/76B-€0.009m

Recurring financial income75-€0.009m

Financial charges65/66B€260€0.001m▲

Recurring financial charges65€260€0.001m▲

Profit (loss) for the period before taxes9903€0.02m€0.04m▲

Income taxes67/77-€0.01m

Profit (loss) for the period9904€0.02m€0.03m▲

Profit (loss) for the period to be appropriated9905€0.02m€0.03m▲

Appropriation of the result

Profit (loss) to be appropriated9906€0.08m€0.1m▲

Profit (loss) brought forward from the previous period14P€0.06m€0.08m▲

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

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.

Download as CSV

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

Show all 20 filings

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Of the 29,226 active companies whose main activity is general construction of residential buildings (NACE 41001), figures are known for 16,354. 12,662 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.

Directors

No directors read yet: 0 of 2 Gazette acts processed. See the directors and other office holders in the KBO →

Insolvency mandates

2 mandates

Role	Name	Tenure
Trustee	Elke Van Weerdt Frederik De Merode- Straat 94-96, 2800 Mechelen ↔ Also on 68 other cases	28-09-2026 → present
Trustee	Anouk De Vleeshouwer Drabstraat 18, 2800 Mechelen ↔ Also on 301 other cases	03-06-2024 → 03-07-2024

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

COOL CONSTRUCTIONS was incorporated on 27 May 2005.¹ Total assets rose from €1.3m in 2019 to €2.1m in 2025 and headcount from 1.2 full-time equivalents in 2019 to 1 in 2022.² On 28 September 2026 the company was declared bankrupt.³

Acts, filings and financial milestones

All 18Signals 3Financial 5Filings 10

2026

02-10

Bankruptcy Opening

Enterprise Court of Antwerp, Mechelen division · judgment of 28-09-2026

29-04

NBB filing Annual accounts filed

financial year 2025 · micro format

2025

09-10

NBB filing Annual accounts filed

financial year 2024 · micro format · 162 days late

30-09

Financial Equity above €150,000equity €164,943 ▲19.6%

4 profitable years in a row build equity to €164,943.

2024

09-07

Bankruptcy Bankruptcy reversal

Enterprise Court of Antwerp, Mechelen division · judgment of 03-07-2024

02-07

NBB filing Annual accounts filed

financial year 2023 · micro format · 63 days late

10-06

Bankruptcy Opening

Enterprise Court of Antwerp, Mechelen division · judgment of 03-06-2024

2023

22-12

NBB filing Annual accounts filed

financial year 2022 · micro format · 236 days late

30-09

Financial Highest result from 2019 to 2025net €136,873 ▲150%

Operating result €156,958, net result €136,873, both a record.

30-09

Financial Equity above €100,000equity €114,640

2 profitable years in a row build equity to €114,640.

01-06

NBB filing Annual accounts filed

financial year 2021 · micro format · 397 days late

2022

30-09

Financial Back to profitnet €54,688

Net result €54,688 after 2 loss-making years.

Show earlier events

05-07

NBB filing Annual accounts filed

financial year 2020 · abbreviated format · 431 days late

2020

30-09

Financial Weakest financial yearnet -€173,906

Net result drops to -€173,906, the lowest in the series.

19-08

NBB filing Annual accounts filed

financial year 2019 · micro format · 111 days late

2019

12-09

NBB filing Annual accounts filed

financial year 2018 · micro format · 135 days late

2018

25-06

NBB filing Annual accounts filed

financial year 2017 · micro format · 56 days late

2017

08-11

NBB filing Annual accounts filed

financial year 2016 · abbreviated format · 192 days late

SignalFinancial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 20 annual accounts filed, the latest 10 are here; all 20 are under Financials.

0 of 2 deeds read

About the unread acts

We know of 2 Belgian Official Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Opening faillissement

COOL CONSTRUCTIONS is in the KBO register with the legal situation: opening faillissement.

Legal situation: Opening faillissement
Last annual accounts: financial year to 30 September 2025
Legal form: Private limited company (pre-2019)
Active since: 27 May 2005

Official KBO record

Register details

Identification

Legal formPrivate limited company (pre-2019)

Founded27-05-2005

Financial year end30-09

Activities, NACEBEL 2025

41001General construction of residential buildings

70200Business and other management consultancy

E-invoicing

Reachable via Peppol

Peppol ID 0208:0874087487

Also 9925:BE0874087487

Registered 30-12-2025

The company is no longer active; its listing in the Peppol Directory can remain until its access point withdraws it.

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

Recognitions · licences · registrations

Dual-learning approval

2 ended

Metselaar (vwo)

ended · 2019 to 2024

Ruwbouw duaal (so)

ended · 2019 to 2024

Environmental permits

3 applications in Flanders since 2019 · 2 granted · 1 refused

Bouwen of herbouwen

Granted on 02-05-2023submitted 28-12-2022authority: Temseproject 2022148016

Bouwen of herbouwen

Granted on 23-10-2020submitted 20-04-2020authority: Willebroekproject 2020033790

Bouwen of herbouwen

Refused on 25-10-2019submitted 07-08-2019authority: Willebroekproject 2019069031

Source: Omgevingsloket Vlaanderen. Flanders only: Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint

Registered office, Bornem · 1 establishment unit since 2005

registered office establishment approximate The establishment unit on the map

Ground area

2.5 ha

Building footprint

1.3 ha

Parcel 12007C0483/00A000, Flanders. Linked by address, not a title deed.

1 establishment unit

Cool Constructions

Woestijnstraat(BOR) 4, 2880 BornemManufacture of electrical equipment

since 2005unit no. 2.148.643.634

1 parcel

Flanders 1 (100%)

Cadastral parcel	Region	Area	Buildings	Height / floors
12007C0483/00A000	Flanders	2.5 ha	1 · 1.3 ha	-

How the parcels are linked

Good to know

The parcel matches the address exactly.