COOLINVEST
ActiveCOOLINVEST has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €876k and a net result of €118k. Equity is growing by ~9.1% per year across the filed fiscal years. Its solvency ranks better than 31% of 652 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▼-2
Solvency47▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity tight (current ratio 1.47 against 1.23 in 2024; short-term debt: 10% and cash: 0.6% of total assets), and 78.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 52
Relative position
BE, all sectors
reference
Sector 52
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
21.8%
Return on assets
2.9%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
on the day
2023
40 d early
2022
3 d early
2021
29 d late
2020
31 d late
2019
28 d early
← before the deadline
after the deadline →
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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Source amounts without an identifiable currency are assumed to be EUR.
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€118k▼ 19.0%
2024 · €145k
2018: €115k
2019: €-797
2020: €15k
2021: €-30k
2022: €-35k
2023: €200k
2024: €145k
2018 → 2025
Working capital
€190k▲ 37.4%
2024 · €139k
2018: €-57k
2019: €-304k
2020: €-340k
2021: €-398k
2022: €-444k
2023: €335k
2024: €139k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€448k-€413k▼ 7.7%€613k▲ 48.4%€758k▲ 23.7%€876k▲ 15.5%
Operating result€66k-€57k▼ 14.2%€374k▲ 556%€274k▼ 26.7%€193k▼ 29.5%
Net result€-30k-€-35k▼ 14.5%€200k€145k▼ 27.4%€118k▼ 19.0%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 30% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.02M
Fixed assets
€3.43M▲ 11.9%
Current assets
€592k▼ 21.0%
Equity and liabilities €4.02M
Equity
€876k▲ 15.5%
Debt
€3.14M▲ 2.9%
The debt ratio falls from 80.1% to 78.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€463k▼
2024 · €498k
Cash flow
€388k▲
2024 · €370k
Solvency
21.8%▲
2024 · 19.9%
Current ratio
1.47▲
2024 · 1.23
Quick ratio
0.76▲
2024 · 0.74
Debt / equity
3.59▼
2024 · 4.03
ROE
13.4%▼
2024 · 19.2%
ROA
2.9%▼
2024 · 3.8%
Interest coverage
11.16▲
2024 · 6.10
Debt
€3.14M▲
2024 · €3.05M
Debt ≤ 1 year
€402k▼
2024 · €611k
Debt > 1 year
€2.74M▲
2024 · €2.40M
Income taxes
€34k▼
2024 · €47k
Staff costs
€160k▲
2024 · €133k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€3.81M€4.02M▲
Fixed assets21/28€3.06M€3.43M▲
Tangible fixed assets22/27€2.97M€3.34M▲
Land and buildings22€2.22M€2.61M▲
Plant, machinery and equipment23€378k€328k▼
Furniture and vehicles24€377k€397k▲
Financial fixed assets28€90k€90k=
Current assets29/58€750k€592k▼
Stocks and contracts in progress3€295k€288k▼
Stocks30/36€295k€288k▼
Amounts receivable within one year40/41€376k€279k▼
Trade receivables40€343k€244k▼
Other amounts receivable41€33k€35k▲
Cash at bank and in hand54/58€79k€24k▼
Deferred charges and accrued income490/1€825€910▲
Equity and liabilities
Total equity and liabilities10/49€3.81M€4.02M▲
Equity10/15€758k€876k▲
Contributions10/11€224k€224k=
Capital10€224k€224k=
Issued capital100€224k€224k=
Reserves13€534k€652k▲
Non-distributable reserves130/1€22k€22k=
Legal reserve130€22k€22k=
Tax-exempt reserves132€20k€20k=
Distributable reserves133€492k€610k▲
Amounts payable17/49€3.05M€3.14M▲
Amounts payable after more than one year17€2.40M€2.74M▲
Financial debts170/4€2.40M€2.74M▲
Amounts payable within one year42/48€611k€402k▼
Current portion of amounts payable after more than one year42€215k€222k▲
Trade debts44€253k€85k▼
Suppliers440/4€253k€85k▼
Advances received on contracts in progress46€37k€4k▼
Taxes, remuneration and social security45€106k€91k▼
Taxes450/3€86k€65k▼
Remuneration and social security454/9€20k€25k▲
Accrued charges and deferred income492/3€43k€3k▼
Income statement
Code20242025
Remuneration, social security and pensions62€133k€160k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€225k€270k▲
Other operating charges640/8€37k€40k▲
Gross operating margin9900€669k€664k▼
Operating profit (loss)9901€274k€193k▼
Financial income75/76B€360€216▼
Recurring financial income75€360€216▼
Financial charges65/66B€82k€41k▼
Recurring financial charges65€82k€41k▼
Profit (loss) for the period before taxes9903€192k€152k▼
Income taxes67/77€47k€34k▼
Profit (loss) for the period9904€145k€118k▼
Profit (loss) for the period to be appropriated9905€145k€118k▼
Appropriation of the result
Profit (loss) to be appropriated9906€145k€118k▼
Transfer to equity691/2€145k€118k▼
To other reserves6921€145k€118k▼
Social balance
Average headcount (FTE)90873.03.8▲
The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 31 days late
24-08
State Gazette act
Resignations & appointmentsGeneral meeting · Director reappointment · Board meeting8 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director reappointment · Board meeting8 facts ▸
- General meeting, 2026-06-05
- Director reappointment, Isabel Cool (bestuurder)
- Director reappointment, Michael Cool (bestuurder)
- Director reappointment, Frans Cool (bestuurder)
- Director reappointment, Hilde Van den Berghe (bestuurder)
- Board meeting, 2026-06-30
- Director reappointment, Hilde Van den Berghe (gedelegeerd bestuurder)
- Director reappointment, Frans Cool (gedelegeerd bestuurder)
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €200k
Net result €200k after 2 loss-making years.
31-12
Financial
Liquidity triplescurrent ratio 1.93
Current ratio from 0.59 to 1.93; short-term debt falls from €1.08M to €360k.
31-12
Financial
Equity above €500kEq €613k ▲48.4%
Equity rises from €413k to €613k.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €-35k
Net result drops to €-35k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 29 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-12
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
03-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
22-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
under verification
This board is reconstructed from a single act (26354985). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
Frans Cool
CurrentManaging director
Hilde Van Den Berghe
CurrentDirector
Isabel Cool
CurrentDirector
Michael Cool
CurrentDirector
Location & real-estate footprint
Registered office, Dendermonde · 1 establishment unit since 1995
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Bevrijdingslaan (APP) 2069200 DendermondeGround area
482 m²
Building footprint
169 m²
Volume, LiDAR
1,102 m³
Parcel 42001B0552/00X000, Flanders · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
COOLSTORE - COOLHORSES
since 19952.071.605.640
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42001B0552/00X000 | Flanders | 482 m² | 1 · 169 m² | 10.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteDendermonde2.071.605.640
Dual-learning approval
2 live approvals · 1 endedHippisch assistent duaal (so)
Paardenhouderij duaal (so)
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Of 1,030 companies in sector 52100 we hold annual accounts for 765. 541 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded21-06-1994
Fiscal year end31-12
Activities, NACEBEL
52100Warehousing and storage
63121
93110Operation of sports facilities
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.