COOLDEV
ActiveSummary
The computed 12-month bankruptcy probability of COOLDEV is 2.1% (moderate). The 2024 annual accounts show equity of €71k and a net result of €-4k. Equity is growing by ~20% per year across the filed fiscal years. Its solvency ranks better than 80% of 15865 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability22▼-67
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 4.13 against 3.9 in 2023; short-term debt: 22.8% and cash: 19.8% of total assets), and 23.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
76.7%
Return on assets
-4%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-08-2025, 4 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
4 d late
2023
433 d late
2022
122 d late
2021
283 d late
2020
5 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€71k▼ 4.9%
2023 · €75k
2020: €32klowest in 5 years
2021: €41k▲ +28.8% vs 2020
2022: €59k▲ +44.4% vs 2021
2023: €75k▲ +26.2% vs 2022highest in 5 years
2024: €71k▼ -4.9% vs 2023
2020 → 2024
Total assets
€93k▼ 3.9%
2023 · €97k
2020: €48klowest in 5 years
2021: €76k▲ +57.9% vs 2020
2022: €86k▲ +12.4% vs 2021
2023: €97k▲ +12.5% vs 2022highest in 5 years
2024: €93k▼ -3.9% vs 2023
2020 → 2024
Net result
€-4k
2023 · €16k
2020: €31khighest in 5 years
2021: €9k▼ -70.3% vs 2020
2022: €18k▲ +98.7% vs 2021
2023: €16k▼ -14.7% vs 2022
2024: €-4k▼ -124% vs 2023lowest in 5 years
2020 → 2024
Working capital
€66k▲ 6.8%
2023 · €62k
2020: €28klowest in 5 years
2021: €34k▲ +22.3% vs 2020
2022: €54k▲ +58.0% vs 2021
2023: €62k▲ +14.8% vs 2022
2024: €66k▲ +6.8% vs 2023highest in 5 years
2020 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€32k-€41k▲ 28.8%€59k▲ 44.4%€75k▲ 26.2%€71k▼ 4.9%
2020: €32klowest in 5 years
2021: €41k▲ +28.8% vs 2020
2022: €59k▲ +44.4% vs 2021
2023: €75k▲ +26.2% vs 2022highest in 5 years
2024: €71k▼ -4.9% vs 2023
Operating result€42k-€14k▼ 67.5%€27k▲ 97.7%€24k▼ 12.0%€-2k
2020: €42khighest in 5 years
2021: €14k▼ -67.5% vs 2020
2022: €27k▲ +97.7% vs 2021
2023: €24k▼ -12.0% vs 2022
2024: €-2k▼ -106% vs 2023lowest in 5 years
Net result€31k-€9k▼ 70.3%€18k▲ 98.7%€16k▼ 14.7%€-4k
2020: €31khighest in 5 years
2021: €9k▼ -70.3% vs 2020
2022: €18k▲ +98.7% vs 2021
2023: €16k▼ -14.7% vs 2022
2024: €-4k▼ -124% vs 2023lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €2k after €24k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €93k
Fixed assets
€5k ▼ 60.0%
Current assets
€88k ▲ 4.8%
Equity and liabilities €93k
Equity
€71k ▼ 4.9%
Debt
€22k ▼ 0.3%
Debt's share of the balance-sheet total rises from 22.5% to 23.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€935▼
2023 · €26k
Cash flow
€-1k▼
2023 · €18k
Current ratio
4.13▲
2023 · 3.90
Debt to equity
0.30▲
2023 · 0.29
ROE
-5.2%▼
2023 · 20.8%
ROA
-4.0%▼
2023 · 16.1%
Interest coverage
0.98▼
2023 · 22.79
Debt ≤ 1 year
€21k▼
2023 · €21k
Income taxes
€1k▼
2023 · €7k
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 · 2024 against 2023 · 45 lines
Balance sheet
Code20232024
Assets
Total assets20/58€97k€93k▼
Fixed assets21/28€13k€5k▼
Tangible fixed assets22/27€12k€4k▼
Plant, machinery and equipment23€5k€0▼
Furniture and vehicles24€7k€4k▼
Financial fixed assets28€1k€1k=
Current assets29/58€84k€88k▲
Amounts receivable within one year40/41€49k€68k▲
Trade receivables40€38k€40k▲
Other amounts receivable41€10k€28k▲
Cash at bank and in hand54/58€27k€18k▼
Deferred charges and accrued income490/1€8k€2k▼
Equity and liabilities
Total equity and liabilities10/49€97k€93k▼
Equity10/15€75k€71k▼
Contributions10/11€1k€1k=
Capital10€1k-
Issued capital100€1k-
Reserves13€34k€34k=
Non-distributable reserves130/1€100€100=
Reserves not available under the articles1311€100€100=
Distributable reserves133€34k€34k=
Profit (loss) carried forward14€40k€36k▼
Amounts payable17/49€22k€22k▼
Amounts payable within one year42/48€21k€21k▼
Trade debts44€7k€4k▼
Suppliers440/4€7k€4k▼
Taxes, remuneration and social security45€14k€17k▲
Taxes450/3€14k€17k▲
Accrued charges and deferred income492/3€296€455▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Other operating charges640/8€4k€9k▲
Gross operating margin9900€30k€9k▼
Operating profit (loss)9901€24k€-2k▼
Financial income75/76B€243€89▼
Recurring financial income75€243€89▼
Financial charges65/66B€1k€955▼
Recurring financial charges65€1k€955▼
Profit (loss) for the period before taxes9903€23k€-2k▼
Income taxes67/77€7k€1k▼
Profit (loss) for the period9904€16k€-4k▼
Profit (loss) for the period to be appropriated9905€16k€-4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€56k€36k▼
Profit (loss) brought forward from the previous period14P€40k€40k=
Transfer to equity691/2€16k-
To other reserves6921€16k-
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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €244 | €870 | €1k | €2k | €2k | ▲ 2.9% |
| Other operating charges640/8 | - | €768 | €806 | €4k | €9k | ▲ 135% |
| Gross operating margin9900 | €42k | €15k | €29k | €30k | €9k | ▼ 68.0% |
| Operating profit (loss)9901 | €42k | €14k | €27k | €24k | €-2k | ▼ 106% |
| Financial income75/76B | - | - | €1 | €243 | €89 | ▼ 63.4% |
| Recurring financial income75 | - | - | €1 | €243 | €89 | ▼ 63.4% |
| Financial charges65/66B | - | €1k | €1k | €1k | €955 | ▼ 16.1% |
| Recurring financial charges65 | €469 | €1k | €1k | €1k | €955 | ▼ 16.1% |
| Profit (loss) for the period before taxes9903 | €41k | €13k | €26k | €23k | €-2k | ▼ 110% |
| Income taxes67/77 | €10k | €3k | €7k | €7k | €1k | ▼ 81.2% |
| Profit (loss) for the period9904 | €31k | €9k | €18k | €16k | €-4k | ▼ 124% |
| Profit (loss) for the period to be appropriated9905 | €31k | €9k | €18k | €16k | €-4k | ▼ 124% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €48k | €76k | €86k | €97k | €93k | ▼ 3.9% |
| Fixed assets21/28 | €4k | €7k | €6k | €13k | €5k | ▼ 60.0% |
| Tangible fixed assets22/27 | €2k | €5k | €4k | €12k | €4k | ▼ 67.4% |
| Plant, machinery and equipment23 | - | - | - | €5k | €0 | ▼ 100% |
| Furniture and vehicles24 | - | €5k | €4k | €7k | €4k | ▼ 42.7% |
| Financial fixed assets28 | €1k | €1k | €1k | €1k | €1k | = |
| Current assets29/58 | €45k | €70k | €80k | €84k | €88k | ▲ 4.8% |
| Amounts receivable within one year40/41 | €19k | €34k | €41k | €49k | €68k | ▲ 38.6% |
| Trade receivables40 | - | €31k | €31k | €38k | €40k | ▲ 3.3% |
| Other amounts receivable41 | - | €3k | €10k | €10k | €28k | ▲ 170% |
| Cash at bank and in hand54/58 | €24k | €34k | €38k | €27k | €18k | ▼ 32.3% |
| Deferred charges and accrued income490/1 | - | €2k | €2k | €8k | €2k | ▼ 78.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €48k | €76k | €86k | €97k | €93k | ▼ 3.9% |
| Equity10/15 | €32k | €41k | €59k | €75k | €71k | ▼ 4.9% |
| Contributions10/11 | - | €1k | €1k | €1k | €1k | = |
| Capital10 | - | - | €1k | €1k | - | - |
| Issued capital100 | - | - | €1k | €1k | - | - |
| Reserves13 | €100 | €100 | €18k | €34k | €34k | = |
| Non-distributable reserves130/1 | - | €100 | €100 | €100 | €100 | = |
| Reserves not available under the articles1311 | - | €100 | €100 | €100 | €100 | = |
| Distributable reserves133 | - | - | €18k | €34k | €34k | = |
| Profit (loss) carried forward14 | €31k | €40k | €40k | €40k | €36k | ▼ 9.3% |
| Amounts payable17/49 | €17k | €35k | €27k | €22k | €22k | ▼ 0.3% |
| Amounts payable within one year42/48 | €17k | €35k | €26k | €21k | €21k | ▼ 1.1% |
| Trade debts44 | €2k | €16k | €7k | €7k | €4k | ▼ 38.8% |
| Suppliers440/4 | - | €16k | €7k | €7k | €4k | ▼ 38.8% |
| Taxes, remuneration and social security45 | - | €19k | €19k | €14k | €17k | ▲ 17.1% |
| Taxes450/3 | - | €14k | €10k | €14k | €17k | ▲ 17.1% |
| Remuneration and social security454/9 | - | €6k | €9k | - | - | - |
| Accrued charges and deferred income492/3 | - | €20 | €380 | €296 | €455 | ▲ 53.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €31k | €9k | €18k | €16k | €-4k | ▼ 124% |
| + Depreciation and write-downs630 | €244 | €870 | €1k | €2k | €2k | ▲ 2.9% |
| Operating cash flow (approximation) | €31k | €10k | €20k | €18k | €-1k | ▼ 107% |
| Investment in fixed assets (approximation) | - | €-4k | €0 | €-10k | €5k | ▲ 154% |
| Change in cash | - | €10k | €4k | €-11k | €-9k | ▲ 16.6% |
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
2025
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 433 days late
04-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 4 days late
2024
31-12
Financial
Weakest financial yearnet €-4k
Net result drops to €-4k, the lowest in the series.
2023
30-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 122 days late
10-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 283 days late
2021
05-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 5 days late
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, Charleroi · 1 establishment unit since 2020
Ground area
956 m²
Building footprint
130 m²
Volume, LiDAR
866 m³
Parcel 52061A0446/00L006, Wallonia · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
COOLDEV
since 20202.301.723.589
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52061A0446/00L006 | Wallonia | 956 m² | 1 · 130 m² | 8.5 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.
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Of 4,415 companies in sector 46180 we hold annual accounts for 1,884. 1,400 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
Founded21-04-2020
Fiscal year end31-12
Activities, NACEBEL 2025
46180Agents specialised in the wholesale of other particular products
Scores and ratios are computed by Checked and are not a credit decision.