COOLDRIVE

Active

Private limited companyfounded 20233 yrs activeRue des Combattants(CO) 61, 6180 Courcelles, BelgiumKBO/BCE: BE 0801.453.293

Summary

COOLDRIVE has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €3k and a net result of €-1k. Its solvency ranks better than 23% of 2542 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).

Risk analysis Watch Report Compare

COOLDRIVEActiveChecked score 40/100

Risk analysis Report Compare

Checked score

Score 2024

40 / 100

Weak

Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability22▼-51

Solvency35▼-2

Growth32

Track record94

Bankruptcy probability, 12 months

0.6% Low

0%0.5%1.5%4%10%≥ 25%

No publishable credit limit; credit only on tighter terms

Liquidity tight (current ratio 1.0 against 1.09 in 2023; short-term debt: 90.4% of total assets), and 90.4% of the assets are financed with debt.

Credit check for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 85

Relative position

BE, all sectors

reference

Education (NACE 85)

about 77% fewer bankruptcies

← fewer bankruptcies more bankruptcies →

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

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 2024

Solvency, return and age of the figures

Solvency

9.6%

Return on assets

-5.2%

Age of the figures

21 mo

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 2542 sector peers (2024).

NBB · sector comparison

Position among 2542 sector peers

Solvency

better than 23%

← weakest strongest →

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-08-2025, 30 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 · 2 filings

Deviation from the deadline

2025

not confirmed

2024

30 d late

2023

27 d late

← before the deadline after the deadline →

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€3k▼ 34.9%

2023 · €4k

2023: €4k 2024: €3k▼ -34.9% vs 2023

2023 → 2024

Total assets

€28k▼ 19.5%

2023 · €35k

2023: €35k 2024: €28k▼ -19.5% vs 2023

2023 → 2024

Net result

€-1k

2023 · €3k

2023: €3k 2024: €-1k▼ -154% vs 2023

2023 → 2024

Working capital

€15▼ 99.5%

2023 · €3k

2023: €3k 2024: €15▼ -99.5% vs 2023

2023 → 2024

Trend over the years

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20232024Trend

Equity€4k-€3k▼ 34.9% 2023: €4k 2024: €3k▼ -34.9% vs 2023

Operating result€7k-€5k▼ 37.3% 2023: €7k 2024: €5k▼ -37.3% vs 2023

Net result€3k-€-1k 2023: €3k 2024: €-1k▼ -154% vs 2023

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result falls in 2024; 2024 is 37% below 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €28k

10%

90.4%

Fixed assets €3k ▲ 83.5%

Current assets €26k ▼ 24.0%

Equity and liabilities €28k

10%

90.4%

Equity €3k ▼ 34.9%

Debt €26k ▼ 17.4%

Debt's share of the balance-sheet total rises from 88.1% to 90.4%. Equity and debt are lower.

Key figures and ratios

2024 value · change against 2023

EBITDA

€5k▼

2023 · €9k

Cash flow

€-1k▼

2023 · €4k

Current ratio

1.00▼

2023 · 1.09

Debt to equity

9.38▲

2023 · 7.39

ROE

-53.6%▼

2023 · 64.3%

ROA

-5.2%▼

2023 · 7.7%

Interest coverage

1.20▼

2023 · 5.34

Debt ≤ 1 year

€26k▼

2023 · €31k

Income taxes

€2k▼

2023 · €3k

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

As filed By statement

Filed annual accounts As filed with the NBB · 2024 against 2023 · 42 lines

Balance sheet Code20232024

Assets

Total assets20/58€35k€28k▼

Fixed assets21/28€1k€3k▲

Tangible fixed assets22/27€1k€3k▲

Furniture and vehicles24€1k€1k▼

Other tangible fixed assets26-€1k

Current assets29/58€34k€26k▼

Amounts receivable within one year40/41€23k€18k▼

Trade receivables40€21k€18k▼

Other amounts receivable41€3k-

Cash at bank and in hand54/58€2k-

Deferred charges and accrued income490/1€8k€8k=

Equity and liabilities

Total equity and liabilities10/49€35k€28k▼

Equity10/15€4k€3k▼

Contributions10/11€2k€2k=

Reserves13€3k€3k=

Distributable reserves133€3k€3k=

Profit (loss) carried forward14-€-1k

Amounts payable17/49€31k€26k▼

Amounts payable within one year42/48€31k€26k▼

Financial debts43-€256

Credit institutions430/8-€256

Trade debts44€9k€7k▼

Suppliers440/4€9k€7k▼

Taxes, remuneration and social security45€12k€7k▼

Taxes450/3€8k€7k▼

Remuneration and social security454/9€3k-

Other amounts payable47/48€11k€12k▲

Income statement Code20232024

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€287▼

Other operating charges640/8€1k€864▼

Gross operating margin9900€10k€6k▼

Operating profit (loss)9901€7k€5k▼

Financial income75/76B-€18

Recurring financial income75-€18

Financial charges65/66B€2k€4k▲

Recurring financial charges65€2k€4k▲

Profit (loss) for the period before taxes9903€6k€538▼

Income taxes67/77€3k€2k▼

Profit (loss) for the period9904€3k€-1k▼

Profit (loss) for the period to be appropriated9905€3k€-1k▼

Appropriation of the result

Profit (loss) to be appropriated9906€3k€-1k▼

Transfer to equity691/2€3k-

To other reserves6921€3k-

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement

Income statement Balance sheet Cash flow

Line	2023	2024	Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630	€1k	€287	▼ 79.2%
Other operating charges640/8	€1k	€864	▼ 40.0%
Gross operating margin9900	€10k	€6k	▼ 43.4%
Operating profit (loss)9901	€7k	€5k	▼ 37.3%
Financial income75/76B	-	€18	-
Recurring financial income75	-	€18	-
Financial charges65/66B	€2k	€4k	▲ 149%
Recurring financial charges65	€2k	€4k	▲ 149%
Profit (loss) for the period before taxes9903	€6k	€538	▼ 90.4%
Income taxes67/77	€3k	€2k	▼ 31.7%
Profit (loss) for the period9904	€3k	€-1k	▼ 154%
Profit (loss) for the period to be appropriated9905	€3k	€-1k	▼ 154%

Line	2023	2024	Change
Assets
Total assets20/58	€35k	€28k	▼ 19.5%
Fixed assets21/28	€1k	€3k	▲ 83.5%
Tangible fixed assets22/27	€1k	€3k	▲ 83.5%
Furniture and vehicles24	€1k	€1k	▼ 11.8%
Other tangible fixed assets26	-	€1k	-
Current assets29/58	€34k	€26k	▼ 24.0%
Amounts receivable within one year40/41	€23k	€18k	▼ 24.1%
Trade receivables40	€21k	€18k	▼ 13.4%
Other amounts receivable41	€3k	-	-
Cash at bank and in hand54/58	€2k	-	-
Deferred charges and accrued income490/1	€8k	€8k	=
Equity and liabilities
Total equity and liabilities10/49	€35k	€28k	▼ 19.5%
Equity10/15	€4k	€3k	▼ 34.9%
Contributions10/11	€2k	€2k	=
Reserves13	€3k	€3k	=
Distributable reserves133	€3k	€3k	=
Profit (loss) carried forward14	-	€-1k	-
Amounts payable17/49	€31k	€26k	▼ 17.4%
Amounts payable within one year42/48	€31k	€26k	▼ 17.4%
Financial debts43	-	€256	-
Credit institutions430/8	-	€256	-
Trade debts44	€9k	€7k	▼ 22.3%
Suppliers440/4	€9k	€7k	▼ 22.3%
Taxes, remuneration and social security45	€12k	€7k	▼ 39.6%
Taxes450/3	€8k	€7k	▼ 13.6%
Remuneration and social security454/9	€3k	-	-
Other amounts payable47/48	€11k	€12k	▲ 7.6%

Line	2023	2024	Change
Profit (loss) for the period9904	€3k	€-1k	▼ 154%
+ Depreciation and write-downs630	€1k	€287	▼ 79.2%
Operating cash flow (approximation)	€4k	€-1k	▼ 129%
Investment in fixed assets (approximation)	-	€-2k	-

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

All 2Filings 2

2025

30-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 30 days late

2024

27-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 27 days late

NBB filing

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.

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

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, Courcelles

exact location from the address register On OpenStreetMap

Ground area

513 m²

Building footprint

72 m²

Volume, LiDAR

398 m³

Parcel 52015C0203/00S002, Wallonia · tallest building 6.7 m, ±2 floors. Linked by address, not a title deed.

1 parcel

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
52015C0203/00S002	Wallonia	513 m²	1 · 72 m²	6.7 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.

Similar companies · same sector, comparable size

KRISTOF COACHT

BE 0728.990.335

Antwerpen · Eq €2,700

RHINEGOLD CONSULTING

BE 0739.956.679

Maasmechelen · Eq €2,791

Nazareth-De Pinte · Eq €2,639

Of 11,670 companies in sector 85599 we hold annual accounts for 1,330. 419 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

Founded04-05-2023

Fiscal year end31-12

Activities, NACEBEL 2025

85599Other education

31009Manufacture of furniture

43120Site preparation

43350Other building finishing work

47551Retail sale of household furniture

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