COOLCONSULT
InactiveInactive; last annual accounts for fiscal year 2009.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2010 was due at the National Bank by 31-07-2011. Nothing is on record, 5534 days later.
NBB · 10 filingsPosition against the passed deadline
31-12-2010 close31-07-2011 deadline24-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2009 was due by 31-07-2010 and was filed on 31-08-2010, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2010
not filed
2009
31 d late
2008
28 d late
2007
28 d late
2006
29 d late
2005
31 d early
2004
95 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2009, abbreviated schema
Equity
€21k▼ 57.3%
2008 · €48k
2006: €21k
2007: €43k
2008: €48k
2006 → 2009
Total assets
€59k▼ 27.4%
2008 · €82k
2006: €33k
2007: €59k
2008: €82k
2006 → 2009
Net result
€802▼ 89.7%
2008 · €8k
2006: €4k
2007: €24k
2008: €8k
2006 → 2009
Working capital
€16k▼ 61.5%
2008 · €43k
2006: €20k
2007: €42k
2008: €43k
2006 → 2009
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2006200720082009Trend
Equity€21k-€43k▲ 104%€48k▲ 12.5%€21k▼ 57.3%
Operating result€4k-€25k▲ 543%€12k▼ 50.2%€3k▼ 73.6%
Net result€4k-€24k▲ 591%€8k▼ 68.2%€802▼ 89.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2009 is 74% below 2008 and is the lowest result in the available series.
Balance-sheet composition
2009 in colour, 2008 as the grey bar beneath
Assets €59k
Fixed assets
€9k ▼ 32.7%
Current assets
€50k ▼ 26.3%
Equity and liabilities €59k
Equity
€21k ▼ 57.3%
Debt
€39k ▲ 16.2%
Debt's share of the balance-sheet total rises from 40.7% to 65.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€9k▼
2008 · €18k
Cash flow
€7k▼
2008 · €14k
Current ratio
1.49▼
2008 · 2.70
Debt to equity
0.24▲
2008 · 0.17
ROE
3.9%▼
2008 · 16.0%
ROA
1.4%▼
2008 · 9.5%
Debt ≤ 1 year
€34k▲
2008 · €25k
Debt > 1 year
€5k▼
2008 · €8k
Income taxes
€363▼
2008 · €4k
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 · 2009 against 2008 · 25 lines
Balance sheet
Code20082009
Assets
Total assets20/58€82k€59k▼
Fixed assets21/28€14k€9k▼
Tangible fixed assets22/27€14k€9k▼
Current assets29/58€68k€50k▼
Amounts receivable within one year40/41€63k€43k▼
Cash at bank and in hand54/58€4k€7k▲
Equity and liabilities
Total equity and liabilities10/49€82k€59k▼
Equity10/15€48k€21k▼
Contributions10/11€19k€19k=
Reserves13€8k€2k▼
Profit (loss) carried forward14€22k€219▼
Amounts payable17/49€33k€39k▲
Amounts payable after more than one year17€8k€5k▼
Amounts payable within one year42/48€25k€34k▲
Trade debts44€4k€841▼
Income statement
Code20082009
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k=
Gross operating margin9900€18k€11k▼
Operating profit (loss)9901€12k€3k▼
Recurring financial income75€47€9▼
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€11k€1k▼
Income taxes67/77€4k€363▼
Profit (loss) for the period9904€8k€802▼
Profit (loss) for the period to be appropriated9905€8k€802▼
Appropriation of the result
Return on contributions (dividend)694€2k€29k▲
Timeline · acts, filings and financial milestones
2011
20-01
State Gazette act
General meeting · Merger
Dissolution · Capital increase
2010
25-11
State Gazette act
Merger
31-08
NBB filing
Annual accounts filed
fiscal year 2009 · abbreviated schema · 31 days late
2009
31-12
Financial
Weakest financial yearnet €802 ▼89.7%
Net result drops to €802, the lowest in the series.
28-08
NBB filing
Annual accounts filed
fiscal year 2008 · abbreviated schema · 28 days late
2008
28-08
NBB filing
Annual accounts filed
fiscal year 2007 · abbreviated schema · 28 days late
2007
31-12
Financial
Highest result since 2006net €24k ▲591%
Operating result €25k, net result €24k, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2006 · abbreviated schema · 29 days late
2006
30-06
NBB filing
Annual accounts filed
fiscal year 2005 · abbreviated schema
2005
27-04
NBB filing
Annual accounts filed
fiscal year 2004 · abbreviated schema
2004
29-04
NBB filing
Annual accounts filed
fiscal year 2003 · abbreviated schema
2003
18-06
NBB filing
Annual accounts filed
fiscal year 2002 · abbreviated schema
2002
22-05
NBB filing
Annual accounts filed
fiscal year 2001 · abbreviated schema
2001
04-05
NBB filing
Annual accounts filed
fiscal year 2000 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Structure & network
Acquisitions and mergers
1 transactionTaken over by:Babeco