Cool Technics
ActiveSummary
The computed 12-month bankruptcy probability of Cool Technics is 2.1% (moderate). The 2025 annual accounts show equity of €127k and a net result of €44k. Equity is growing by ~74.3% per year across the filed fiscal years. Its solvency ranks better than 48% of 7838 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability87=
Solvency67▲+8
Growth78=
Track record94
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 1.66 against 1.52 in 2024; short-term debt: 57.8% and cash: 81.2% of total assets), but 57.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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
42.2%
Return on assets
14.5%
Age of the figures
9 mo
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 30-04-2026, 92 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
92 d early
2024
29 d early
2023
20 d early
2022
5 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€127k▲ 52.5%
2024 · €83k
2022: €24klowest in 4 years
2023: €48k▲ +104% vs 2022
2024: €83k▲ +73.3% vs 2023
2025: €127k▲ +52.5% vs 2024highest in 4 years
2022 → 2025
Total assets
€301k▲ 24.2%
2024 · €242k
2022: €208k
2023: €205k▼ -1.6% vs 2022lowest in 4 years
2024: €242k▲ +18.2% vs 2023
2025: €301k▲ +24.2% vs 2024highest in 4 years
2022 → 2025
Net result
€44k▲ 24.3%
2024 · €35k
2022: €19klowest in 4 years
2023: €24k▲ +32.1% vs 2022
2024: €35k▲ +43.7% vs 2023
2025: €44k▲ +24.3% vs 2024highest in 4 years
2022 → 2025
Working capital
€115k▲ 50.0%
2024 · €77k
2022: €-16klowest in 4 years
2023: €21k▲ +230% vs 2022
2024: €77k▲ +271% vs 2023
2025: €115k▲ +50.0% vs 2024highest in 4 years
2022 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€24k-€48k▲ 104%€83k▲ 73.3%€127k▲ 52.5%
2022: €24klowest in 4 years
2023: €48k▲ +104% vs 2022
2024: €83k▲ +73.3% vs 2023
2025: €127k▲ +52.5% vs 2024highest in 4 years
Operating result€28k-€36k▲ 30.7%€53k▲ 44.2%€65k▲ 24.3%
2022: €28klowest in 4 years
2023: €36k▲ +30.7% vs 2022
2024: €53k▲ +44.2% vs 2023
2025: €65k▲ +24.3% vs 2024highest in 4 years
Net result€19k-€24k▲ 32.1%€35k▲ 43.7%€44k▲ 24.3%
2022: €19klowest in 4 years
2023: €24k▲ +32.1% vs 2022
2024: €35k▲ +43.7% vs 2023
2025: €44k▲ +24.3% vs 2024highest in 4 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen three years in a row; 2025 is 24% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €301k
Fixed assets
€12k ▼ 36.7%
Current assets
€289k ▲ 29.2%
Equity and liabilities €301k
Equity
€127k ▲ 52.5%
Debt
€174k ▲ 9.4%
Debt's share of the balance-sheet total falls from 65.7% to 57.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€74k▲
2024 · €61k
Cash flow
€53k▲
2024 · €44k
Current ratio
1.66▲
2024 · 1.52
Debt to equity
1.37▼
2024 · 1.91
ROE
34.4%▼
2024 · 42.3%
ROA
14.5%▲
2024 · 14.5%
Interest coverage
1840.63▲
2024 · 749.97
Debt ≤ 1 year
€174k▲
2024 · €147k
Income taxes
€22k▲
2024 · €17k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€242k€301k▲
Fixed assets21/28€18k€12k▼
Intangible fixed assets21€7k€6k▼
Tangible fixed assets22/27€11k€5k▼
Plant, machinery and equipment23€3k€753▼
Furniture and vehicles24€8k€2k▼
Other tangible fixed assets26-€2k
Current assets29/58€224k€289k▲
Amounts receivable within one year40/41€18k€34k▲
Trade receivables40€10k€9k▼
Other amounts receivable41€7k€25k▲
Current investments50/53-€10k
Cash at bank and in hand54/58€205k€244k▲
Deferred charges and accrued income490/1€1k€913▼
Equity and liabilities
Total equity and liabilities10/49€242k€301k▲
Equity10/15€83k€127k▲
Contributions10/11€5k€5k=
Reserves13€78k€122k▲
Distributable reserves133€78k€122k▲
Amounts payable17/49€159k€174k▲
Amounts payable within one year42/48€147k€174k▲
Trade debts44€41k€31k▼
Suppliers440/4€41k€31k▼
Advances received on contracts in progress46€11k€7k▼
Taxes, remuneration and social security45€15k€43k▲
Taxes450/3€15k€43k▲
Other amounts payable47/48€80k€92k▲
Accrued charges and deferred income492/3€12k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€9k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€2k
Other operating charges640/8€927€2k▲
Gross operating margin9900€62k€79k▲
Operating profit (loss)9901€53k€65k▲
Financial income75/76B€86€679▲
Recurring financial income75€86€679▲
Financial charges65/66B€82€40▼
Recurring financial charges65€82€40▼
Profit (loss) for the period before taxes9903€53k€66k▲
Income taxes67/77€17k€22k▲
Profit (loss) for the period9904€35k€44k▲
Profit (loss) for the period to be appropriated9905€35k€44k▲
Appropriation of the result
Profit (loss) to be appropriated9906€35k€44k▲
Transfer to equity691/2€35k€44k▲
To other reserves6921€35k€44k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €2k | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7k | €9k | €9k | €9k | ▲ 1.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €2k | - |
| Other operating charges640/8 | €662 | €2k | €927 | €2k | ▲ 97.2% |
| Gross operating margin9900 | €35k | €47k | €62k | €79k | ▲ 25.9% |
| Operating profit (loss)9901 | €28k | €36k | €53k | €65k | ▲ 24.3% |
| Financial income75/76B | €6 | €403 | €86 | €679 | ▲ 691% |
| Recurring financial income75 | €6 | €403 | €86 | €679 | ▲ 691% |
| Financial charges65/66B | €47 | €145 | €82 | €40 | ▼ 50.7% |
| Recurring financial charges65 | €47 | €145 | €82 | €40 | ▼ 50.7% |
| Profit (loss) for the period before taxes9903 | €28k | €37k | €53k | €66k | ▲ 25.5% |
| Income taxes67/77 | €9k | €12k | €17k | €22k | ▲ 28.0% |
| Profit (loss) for the period9904 | €19k | €24k | €35k | €44k | ▲ 24.3% |
| Profit (loss) for the period to be appropriated9905 | €19k | €24k | €35k | €44k | ▲ 24.3% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €208k | €205k | €242k | €301k | ▲ 24.2% |
| Fixed assets21/28 | €39k | €27k | €18k | €12k | ▼ 36.7% |
| Intangible fixed assets21 | €9k | €8k | €7k | €6k | ▼ 13.7% |
| Tangible fixed assets22/27 | €30k | €19k | €11k | €5k | ▼ 51.8% |
| Plant, machinery and equipment23 | €8k | €6k | €3k | €753 | ▼ 76.8% |
| Furniture and vehicles24 | €22k | €13k | €8k | €2k | ▼ 68.6% |
| Other tangible fixed assets26 | - | - | - | €2k | - |
| Current assets29/58 | €169k | €178k | €224k | €289k | ▲ 29.2% |
| Amounts receivable within one year40/41 | €39k | €15k | €18k | €34k | ▲ 90.2% |
| Trade receivables40 | €26k | €10k | €10k | €9k | ▼ 15.0% |
| Other amounts receivable41 | €13k | €5k | €7k | €25k | ▲ 239% |
| Current investments50/53 | - | - | - | €10k | - |
| Cash at bank and in hand54/58 | €127k | €161k | €205k | €244k | ▲ 19.3% |
| Deferred charges and accrued income490/1 | €3k | €2k | €1k | €913 | ▼ 27.4% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €208k | €205k | €242k | €301k | ▲ 24.2% |
| Equity10/15 | €24k | €48k | €83k | €127k | ▲ 52.5% |
| Contributions10/11 | €5k | €5k | €5k | €5k | = |
| Reserves13 | €19k | €43k | €78k | €122k | ▲ 55.9% |
| Distributable reserves133 | €19k | €43k | €78k | €122k | ▲ 55.9% |
| Amounts payable17/49 | €185k | €157k | €159k | €174k | ▲ 9.4% |
| Amounts payable within one year42/48 | €185k | €157k | €147k | €174k | ▲ 18.3% |
| Trade debts44 | €63k | €45k | €41k | €31k | ▼ 23.9% |
| Suppliers440/4 | €63k | €45k | €41k | €31k | ▼ 23.9% |
| Advances received on contracts in progress46 | €32k | €24k | €11k | €7k | ▼ 33.6% |
| Taxes, remuneration and social security45 | €9k | €7k | €15k | €43k | ▲ 182% |
| Taxes450/3 | €9k | €5k | €15k | €43k | ▲ 182% |
| Remuneration and social security454/9 | - | €2k | - | - | - |
| Other amounts payable47/48 | €80k | €81k | €80k | €92k | ▲ 16.1% |
| Accrued charges and deferred income492/3 | - | - | €12k | - | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €19k | €24k | €35k | €44k | ▲ 24.3% |
| + Depreciation and write-downs630 | €7k | €9k | €9k | €9k | ▲ 1.8% |
| Operating cash flow (approximation) | €25k | €33k | €44k | €53k | ▲ 19.7% |
| Investment in fixed assets (approximation) | - | €3k | €0 | €-2k | - |
| Change in cash | - | €34k | €44k | €39k | ▼ 10.4% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2022net €44k ▲24.3%
Operating result €65k, net result €44k, both a record.
31-12
Financial
Equity above €100kEq €127k ▲52.5%
4 profitable years in a row build equity to €127k.
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Oostende · 1 establishment unit since 2022
Ground area
595 m²
Building footprint
107 m²
Volume, LiDAR
721 m³
Parcel 35020B0452/00C008, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Cool Technics
since 20222.330.429.750
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35020B0452/00C008 | Flanders | 595 m² | 1 · 107 m² | 9.3 m · 2 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.
Public money · subsidies and aid
Flemish government
2023 to 2024 · 2 entries · 383 EUR awarded · 371 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 0 EUR | 371 EUR |
| 2023 | 1 | 383 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 9,528 companies in sector 43222 we hold annual accounts for 5,663. 4,926 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded21-04-2022
Fiscal year end31-12
Activities, NACEBEL 2025
43222Installation of electric heating, air conditioning, cooling and ventilation
71121Engineering and related technical consultancy, excluding land surveyors
Scores and ratios are computed by Checked and are not a credit decision.