COOLS CONCEPTS bvba
Open bankruptcyFrom the official registers: KBO 18 annual accounts at the National Bank publications in the Belgian Official Gazette
Financials · financial year 2023, abbreviated format
Latest annual accounts filed
Annual accounts 2023
- Financial year ended
- 31-12-2023
- Filed on
- 01-07-2024
- Format
- abbreviated format
- Reference
- 2024-00204463
Turnover
≈ €45,000
Estimated: probably between €19,000 and €110,000
Total assets
€220,687▼ 4.0%
2022 · €229,926
Net result
€747
2022 · -€3,689
Working capital
-€143,860▲ 21.5%
2022 · -€183,366
Trend over the years
2019 to 2023, 5 financial years 2018 to 2023, 6 financial years
After the dip in 2021 the operating result has climbed two years in a row; 2023 is nearly 26 times 2022.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€5,775
2023
Net result€747
2023
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€220,687
2023
Equity€29,933
2023
Debt€190,755
2023
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€143,860
2023
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)0.3%
2023
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency13.6%
2023
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio0.01
2023
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 18, Printing and reproduction of recorded media: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line201820192020202120222023
Operating result€7,083--€8,406€5,948-€5,763€224€5,775▲ 26×
Net result-€1,114--€15,523▼ 1,293%€1,793within the sector's middle half-€10,789below the sector's middle half-€3,689below the sector's middle half▲ 65.8%€747within the sector's middle half
Equity€51,193-€41,870▼ 18.2%€43,663below the sector's middle half▲ 4.3%€32,875below the sector's middle half▼ 24.7%€29,186below the sector's middle half▼ 11.2%€29,933below the sector's middle half▲ 2.6%
Total assets€301,304-€284,895▼ 5.4%€253,358below the sector's middle half▼ 11.1%€234,534below the sector's middle half▼ 7.4%€229,926below the sector's middle half▼ 2.0%€220,687below the sector's middle half▼ 4.0%
Debt€250,112-€243,025▼ 2.8%€209,694▼ 13.7%€201,659▼ 3.8%€200,740▼ 0.5%€190,755▼ 5.0%
Working capital-€176,285--€186,678▼ 5.9%-€166,345below the sector's middle half▲ 10.9%-€174,802below the sector's middle half▼ 5.1%-€183,366below the sector's middle half▼ 4.9%-€143,860below the sector's middle half▲ 21.5%
Solvency17.0%-14.7%▼ 2.3pp17.2%within the sector's middle half▲ 2.5pp14.0%below the sector's middle half▼ 3.2pp12.7%below the sector's middle half▼ 1.3pp13.6%below the sector's middle half▲ 0.9pp
Current ratio0.17-0.15▼ 0.020.09below the sector's middle half▼ 0.060.07below the sector's middle half▼ 0.020.06below the sector's middle half▼ 0.010.01below the sector's middle half▼ 0.04
Return on assets (ROA)-0.4%--5.4%▼ 5.1pp0.7%within the sector's middle half▲ 6.2pp-4.6%below the sector's middle half▼ 5.3pp-1.6%below the sector's middle half▲ 3.0pp0.3%within the sector's middle half▲ 1.9pp
above
within
below
the middle half of NACE 18, Printing and reproduction of recorded media: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €220,687
Fixed assets
€218,817 =
Current assets
€1,870 ▼ 83.2%
Equity and liabilities €220,687
Equity
€29,933 ▲ 2.6%
Debt
€190,755 ▼ 5.0%
Debt's share of the balance-sheet total falls from 87.3% to 86.4%. Equity is higher and debt is lower.
Key figures and ratios
Debt to equity
6.37▼
2022 · 6.88
ROE
2.5%▲
2022 · -12.6%
Debt ≤ 1 year
€145,730▼
2022 · €194,475
Debt > 1 year
€45,025▲
2022 · €6,265
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14,100 | €14,587 | €14,587 | €14,587 | €3,337 | - | - |
| Other operating charges640/8 | - | - | - | €705 | €875 | €816 | ▼ 6.7% |
| Gross operating margin9900 | €21,627 | €7,119 | €21,065 | €9,528 | €4,435 | €6,591 | ▲ 48.6% |
| Operating profit (loss)9901 | €7,083 | -€8,406 | €5,948 | -€5,763 | €224 | €5,775 | ▲ 26× |
| Financial income75/76B | - | - | - | - | - | €0 | - |
| Recurring financial income75 | - | €8 | - | - | - | €0 | - |
| Financial charges65/66B | - | - | - | €5,025 | €3,913 | €5,028 | ▲ 28.5% |
| Recurring financial charges65 | €8,197 | €6,920 | €4,155 | €5,025 | €3,913 | €5,028 | ▲ 28.5% |
| Profit (loss) for the period before taxes9903 | -€1,114 | -€15,318 | €1,793 | -€10,789 | -€3,689 | €747 | - |
| Income taxes67/77 | - | €205 | - | - | - | - | - |
| Profit (loss) for the period9904 | -€1,114 | -€15,523 | €1,793 | -€10,789 | -€3,689 | €747 | - |
| Profit (loss) for the period to be appropriated9905 | -€1,114 | -€15,523 | €1,793 | -€10,789 | -€3,689 | €747 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €301,304 | €284,895 | €253,358 | €234,534 | €229,926 | €220,687 | ▼ 4.0% |
| Fixed assets21/28 | €263,969 | €251,327 | €236,741 | €222,154 | €218,817 | €218,817 | = |
| Intangible fixed assets21 | €33,750 | €22,500 | €11,250 | - | - | - | - |
| Tangible fixed assets22/27 | €11,401 | €10,010 | €6,673 | €3,337 | - | - | - |
| Furniture and vehicles24 | - | - | - | €3,337 | - | - | - |
| Financial fixed assets28 | €218,817 | €218,817 | €218,817 | €218,817 | €218,817 | €218,817 | = |
| Current assets29/58 | €37,336 | €33,567 | €16,617 | €12,380 | €11,109 | €1,870 | ▼ 83.2% |
| Amounts receivable within one year40/41 | €29,085 | €12,322 | €5,866 | €446 | €218 | €72 | ▼ 66.8% |
| Trade receivables40 | - | - | - | €446 | €218 | €16 | ▼ 92.4% |
| Other amounts receivable41 | - | - | - | - | - | €56 | - |
| Cash at bank and in hand54/58 | €8,251 | €20,343 | €9,661 | €11,934 | €9,924 | €747 | ▼ 92.5% |
| Deferred charges and accrued income490/1 | - | - | - | - | €967 | €1,051 | ▲ 8.7% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €301,304 | €284,895 | €253,358 | €234,534 | €229,926 | €220,687 | ▼ 4.0% |
| Equity10/15 | €51,193 | €41,870 | €43,663 | €32,875 | €29,186 | €29,933 | ▲ 2.6% |
| Contributions10/11 | €12,400 | €18,600 | - | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €32,840 | €32,840 | €32,840 | €32,840 | €32,840 | €32,840 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | - | €30,980 | €30,980 | €30,980 | = |
| Profit (loss) carried forward14 | €5,953 | -€9,570 | -€7,776 | -€18,565 | -€22,254 | -€21,507 | ▲ 3.4% |
| Amounts payable17/49 | €250,112 | €243,025 | €209,694 | €201,659 | €200,740 | €190,755 | ▼ 5.0% |
| Amounts payable after more than one year17 | €36,491 | €22,780 | €26,676 | €14,477 | €6,265 | €45,025 | ▲ 619% |
| Financial debts170/4 | - | - | - | €14,477 | €6,265 | €45,025 | ▲ 619% |
| Amounts payable within one year42/48 | €213,621 | €220,245 | €182,962 | €187,182 | €194,475 | €145,730 | ▼ 25.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | €12,704 | €8,740 | €11,432 | ▲ 30.8% |
| Financial debts43 | - | - | - | €14,890 | €19,628 | €19,065 | ▼ 2.9% |
| Credit institutions430/8 | - | - | - | €14,890 | €19,628 | €19,065 | ▼ 2.9% |
| Trade debts44 | €19,699 | €11,031 | €4,534 | €1,226 | €3,132 | €5,055 | ▲ 61.4% |
| Suppliers440/4 | - | - | - | €1,226 | €3,132 | €5,055 | ▲ 61.4% |
| Taxes, remuneration and social security45 | - | - | - | €355 | €1,098 | - | - |
| Taxes450/3 | - | - | - | €355 | €1,098 | - | - |
| Other amounts payable47/48 | - | - | - | €158,007 | €161,877 | €110,178 | ▼ 31.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,114 | -€15,523 | €1,793 | -€10,789 | -€3,689 | €747 | - |
| + Depreciation and write-downs630 | €14,100 | €14,587 | €14,587 | €14,587 | €3,337 | - | - |
| Operating cash flow (approximation) | €12,986 | -€936 | €16,380 | €3,798 | -€352 | €747 | - |
| Investment in fixed assets (approximation) | - | -€1,945 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €12,091 | -€10,682 | €2,273 | -€2,009 | -€9,177 | ▼ 357% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 18 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2023 | abbreviated format | 01-07-2024 | 2024-00204463 | |
| 31-12-2022 | abbreviated format | 22-06-2023 | 2023-00164511 | |
| 31-12-2021 | abbreviated format | 30-06-2022 | 2022-20127461 | |
| 31-12-2020 | abbreviated format | 10-06-2021 | 2021-19000218 | |
| 31-12-2019 | abbreviated format | 08-07-2020 | 2020-27900170 | |
| 31-12-2018 | abbreviated format | 24-06-2019 | 2019-22000362 | |
| 31-12-2017 | abbreviated format | 02-07-2018 | 2018-27800272 | |
| 31-12-2016 | abbreviated format | 29-06-2017 | 2017-27400033 | |
| 31-12-2015 | abbreviated format | 05-07-2016 | 2016-28000059 | |
| 31-12-2014 | abbreviated format | 10-07-2015 | 2015-31300174 |
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Of the 2,799 active companies whose main activity is pre-press and pre-media services (NACE 18130), figures are known for 856. 664 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.