COOLS GABRIEL
ActiveSummary
COOLS GABRIEL has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €323k and a net result of €-6k. Equity is shrinking by ~10.4% per year across the filed fiscal years. Its solvency ranks better than 20% of 1030 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
57
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability68▲+16
Solvency46=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity short (current ratio 0.31 against 0.37 in 2024; short-term debt: 58.2% and cash: 3% of total assets), and 79% 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
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
21%
Return on assets
-0.4%
Age of the figures
15 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
192021222425
2019 to 2025 · latest year €-6k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 1030 sector peers (2025).
NBB · sector comparisonPosition among 1030 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 27-01-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
on the day
2023
2 d early
2022
4 d early
2021
4 d early
2020
3 d early
2019
2 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€323k▼ 1.9%
2024 · €329k
2019: €624k
2020: €725k
2021: €983k
2022: €965k
2024: €329k
2019 → 2025
Total assets
€1.54M▼ 3.0%
2024 · €1.58M
2019: €1.73M
2020: €1.90M
2021: €2.12M
2022: €1.97M
2024: €1.58M
2019 → 2025
Net result
€-6k▲ 74.3%
2024 · €-25k
2019: €10k
2020: €105k
2021: €259k
2022: €-18k
2024: €-25k
2019 → 2025
Working capital
€-613k▼ 5.8%
2024 · €-579k
2019: €62k
2020: €239k
2021: €910k
2022: €798k
2024: €-579k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220242025Trend
Equity€725k-€983k▲ 35.7%€965k▼ 1.8%€329k▼ 65.9%€323k▼ 1.9%
Operating result€154k-€306k▲ 98.1%€-8k€31k€42k▲ 34.2%
Net result€105k-€259k▲ 146%€-18k€-25k▼ 38.8%€-6k▲ 74.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2025; 2025 is 34% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.54M
Fixed assets
€1.26M ▲ 0.9%
Current assets
€282k ▼ 17.2%
Equity and liabilities €1.54M
Equity
€323k ▼ 1.9%
Debt
€1.21M ▼ 3.3%
Debt's share of the balance-sheet total falls from 79.3% to 79.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€200k▲
2024 · €181k
Cash flow
€152k▲
2024 · €125k
Current ratio
0.31▼
2024 · 0.37
Quick ratio
0.30▼
2024 · 0.35
Debt to equity
3.77▼
2024 · 3.82
ROE
-2.0%▲
2024 · -7.5%
ROA
-0.4%▲
2024 · -1.6%
Interest coverage
7.38▲
2024 · 4.21
Debt ≤ 1 year
€895k▼
2024 · €920k
Debt > 1 year
€317k▼
2024 · €319k
Income taxes
€21k▲
2024 · €15k
Staff costs
€266k▼
2024 · €318k
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 · 2025 against 2024 · 55 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.58M€1.54M▼
Fixed assets21/28€1.24M€1.26M▲
Intangible fixed assets21€382k€323k▼
Tangible fixed assets22/27€563k€633k▲
Land and buildings22€276k€256k▼
Plant, machinery and equipment23€220k€331k▲
Furniture and vehicles24€68k€47k▼
Financial fixed assets28€299k€299k=
Current assets29/58€340k€282k▼
Stocks and contracts in progress3€15k€17k▲
Stocks30/36€15k€17k▲
Amounts receivable within one year40/41€210k€183k▼
Trade receivables40€199k€175k▼
Other amounts receivable41€12k€8k▼
Cash at bank and in hand54/58€96k€46k▼
Deferred charges and accrued income490/1€19k€35k▲
Equity and liabilities
Total equity and liabilities10/49€1.58M€1.54M▼
Equity10/15€329k€323k▼
Contributions10/11€80k€80k=
Reserves13€249k€242k▼
Tax-exempt reserves132€56k€56k=
Distributable reserves133€193k€186k▼
Amounts payable17/49€1.26M€1.21M▼
Amounts payable after more than one year17€319k€317k▼
Financial debts170/4€319k€317k▼
Amounts payable within one year42/48€920k€895k▼
Current portion of amounts payable after more than one year42€305k€295k▼
Financial debts43€111k€100k▼
Credit institutions430/8€111k€100k▼
Trade debts44€169k€176k▲
Suppliers440/4€169k€176k▲
Taxes, remuneration and social security45€62k€40k▼
Taxes450/3€25k€15k▼
Remuneration and social security454/9€37k€25k▼
Other amounts payable47/48€273k€284k▲
Accrued charges and deferred income492/3€18k€3k▼
Income statement
Code20242025
Remuneration, social security and pensions62€318k€266k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€149k€159k▲
Other operating charges640/8€15k€13k▼
Non-recurring operating charges66A€399€0▼
Gross operating margin9900€514k€480k▼
Operating profit (loss)9901€31k€42k▲
Financial income75/76B€2k€213▼
Recurring financial income75€2k€213▼
Financial charges65/66B€43k€27k▼
Recurring financial charges65€43k€27k▼
Profit (loss) for the period before taxes9903€-10k€15k▲
Income taxes67/77€15k€21k▲
Profit (loss) for the period9904€-25k€-6k▲
Profit (loss) for the period to be appropriated9905€-25k€-6k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-25k€-6k▲
Transfer from equity791/2€25k€6k▼
Transfer to equity691/2€0-
To other reserves6921€0-
Social balance
Average headcount (FTE)90878.28.2=
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
27-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-06
Financial
Weakest financial yearnet €-25k
Net result drops to €-25k, the lowest in the series; recovery starts the following year.
29-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
27-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
27-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial
Highest result since 2019net €259k ▲146%
Operating result €306k, net result €259k, both a record.
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
29-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
05-02
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 5 days late
2017
30-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
11 acts for this company are 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, Zedelgem · 1 establishment unit since 1997
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.
Schatting 488210 ZedelgemGround area
4,724 m²
Building footprint
2,663 m²
Parcel 31036D0577/00R000, Flanders. Linked by address, not a title deed.
1 establishment unit
Lakkerij Cools
since 19972.079.811.147
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31036D0577/00R000 | Flanders | 4,724 m² | 1 · 2,663 m² | - |
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.
Similar companies · same sector, comparable size
BRUNIMETAL
BE 0686.817.606
Manage · Eq €324k
HN Welding
BE 0726.698.066
Beveren-Kruibeke-Zwijndrecht · Eq €330k
Ward VS
BE 0560.736.907
Roeselare · Eq €331k
EURO METAL COAT
BE 0449.298.753
Lanaken · Eq €309k
Metallink
BE 0715.838.818
Roeselare · Eq €308k
Of 710 companies in sector 25510 we hold annual accounts for 409. 309 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-12-1996
Fiscal year end30-06
Activities, NACEBEL 2025
25510Coating of metals
25110Manufacture of metal structures and parts of structures
49330On-demand passenger transport by chauffeured vehicle
49410Freight transport by road
77110Renting and leasing of cars and light motor vehicles
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.