Equity
€14,813 from €107,310 in 2014
Equity fell by 86% in 11 years.
COOL GRAY
Lifetime
19 annual accounts with figures on one time axis, 36 filings since 1989peak €42,615 (2011)
€1,023▲ 22.3%
lowest -€40,786 (2018)
€983▼ 65.0%
peak €107,310 (2014)
€14,813▲ 7.1%
-not published
Board2 names since 2022
1 director
Documentsfilings and deeds
19-10-202680 days late
2025micro format
Gross margin from €837 to €1,023Result from €2,804 to €983
Key points
from the 2025 annual accountsFilings
36 annual accounts 80 days
Latest accounts filed late: after the legal deadline.
Position in the sector
100.0%
Higher solvency than 95% of companies in advertising and market research. Sector median 53.2% · 9,119 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 31,386 companies had the same profile as COOL GRAY has now. Each dot stands for 79 companies, two years later.
93.4%
were still trading
6.0%
stopped another way
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 31,386 companies, not a prediction for COOL GRAY. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0433786473
Amendment of the articles · Legal-form change · Resignations & appointments
Change of role: , from manager to director · Resignation: (manager) · holds all the shares · General meeting of 22-11-2023 · Gazette deed
First establishment
COOL GRAY SPRL, Rue Cortil Stiennon 6, Héron
Incorporation
published on 15-04-1988 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| COOL GRAY Héron | €14,813 | €1,023 | 100.0% | - |
| IBIS EFFETS Forest | €15,501 | -€41,482 | 75.2% | - |
| CORINE JAMAR Brussels | €12,484 | -€3,673 | -172.4% | - |
| LOCA RENT ARQUENNES Seneffe | €13,793 | €740 | 78.0% | - |
| INFER Brasschaat | €17,785 | -€419 | -32.8% | - |
| MARLUM Antwerp | €11,676 | €695 | 6.5% | - |
| Belgian Racing Association Ferrières | €21,708 | -€2,826 | -1525.2% | - |
These companies have the same main activity as COOL GRAY: advertising agencies (NACE 73110). They are comparable in size and age: total assets between €11,700 and €21,700, founded between 1983 and 1993.
Official details
Source: KBO- Status
- Active since 28-03-1988Normal situation
- Activity
- Advertising agenciesNACE 73110
- Establishment unit
- 2.037.526.7684217 Héron, since 28-11-1995
- Financial year end
- 31 December
- Peppol
- Reachable since 17-03-2026
Insights on COOL GRAY
COOL GRAY files the micro format. That format states no turnover. The gross margin fell from €18,589 in 2006 to €1,023 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about COOL GRAY
- What is the company number of COOL GRAY?
- The company number of COOL GRAY is 0433.786.473. The VAT number is the same number with BE in front: BE 0433.786.473.
- Where is COOL GRAY based?
- The registered office is at Rue Cortil Stiennon 6, 4217 Héron.Company details
- What does COOL GRAY do?
- According to the KBO register, the main activity is advertising agencies (NACE 73110).
- What is the legal form of COOL GRAY?
- COOL GRAY is a private limited company (BV).
- When was COOL GRAY founded?
- COOL GRAY was founded on 28-03-1988.
- Is COOL GRAY still active?
- Yes, COOL GRAY is an active enterprise in the KBO register.
- What is the turnover of COOL GRAY?
- The turnover in financial year 2025 is ≈ €6,300. This figure is estimated from the gross margin of €1,023 and 42 comparable companies (NACE 73110). It probably lies between €3,200 and €11,000. It is a rough estimate.Financials
- Is COOL GRAY profitable?
- In financial year 2025, COOL GRAY made a profit of €983.
- Where can I find the annual accounts of COOL GRAY?
- COOL GRAY filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of COOL GRAY due?
- COOL GRAY must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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