COOLS PARTNERS
ActiveSummary
COOLS PARTNERS has been active since 1982 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €513,951 and a net result of -€16,623. Equity is shrinking by ~3.3% per year across the filed fiscal years. Its solvency ranks better than 68% of 7097 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability16▲+1
Solvency98=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35,000 at 30 days acceptable
Liquidity ample (current ratio 1.66 against 1.68 in 2024; short-term debt: 15.3% and cash: 11% of total assets), and 27.3% of the assets are financed with debt.
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Signals
Four 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 · 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
1819202122232425
2018 to 2025 · latest year -€16,623
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 27-03-2026, 34 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
34 d early
2024
50 d early
2023
43 d early
2022
39 d early
2021
51 d early
2020
53 d early
2019
51 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 46 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 19 March (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€513,951▼ 3.1%
2024 · €530,574
Total assets
€706,966▼ 2.6%
2024 · €725,797
Net result
-€16,623▲ 13.0%
2024 · -€19,100
Working capital
€71,168▼ 0.1%
2024 · €71,258
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€29,157▼ 15.3%-€16,807▲ 42.4%-€22,336▼ 32.9%-€26,942▼ 20.6%-€25,564▲ 5.1%
Net result-€24,933below the sector's middle half▼ 18.3%-€12,647below the sector's middle half▲ 49.3%-€18,100below the sector's middle half▼ 43.1%-€19,100below the sector's middle half▼ 5.5%-€16,623below the sector's middle half▲ 13.0%
Equity€580,421above the sector's middle half▼ 4.1%€567,774above the sector's middle half▼ 2.2%€549,675above the sector's middle half▼ 3.2%€530,574above the sector's middle half▼ 3.5%€513,951above the sector's middle half▼ 3.1%
Total assets€783,210above the sector's middle half▼ 3.8%€773,441above the sector's middle half▼ 1.2%€747,770above the sector's middle half▼ 3.3%€725,797above the sector's middle half▼ 2.9%€706,966above the sector's middle half▼ 2.6%
Debt€99,496▼ 1.0%€107,015▲ 7.6%€104,085▼ 2.7%€105,854▲ 1.7%€108,288▲ 2.3%
Working capital€75,558within the sector's middle half▼ 10.8%€75,497within the sector's middle half▼ 0.1%€73,741within the sector's middle half▼ 2.3%€71,258within the sector's middle half▼ 3.4%€71,168within the sector's middle half▼ 0.1%
Solvency74.1%within the sector's middle half▼ 0.3pp73.4%within the sector's middle half▼ 0.7pp73.5%within the sector's middle half▲ 0.1pp73.1%within the sector's middle half▼ 0.4pp72.7%within the sector's middle half▼ 0.4pp
Current ratio1.76within the sector's middle half▼ 0.091.71within the sector's middle half▼ 0.051.71within the sector's middle half=1.68within the sector's middle half▼ 0.041.66within the sector's middle half▼ 0.02
Return on assets (ROA)-3.2%below the sector's middle half▼ 0.6pp-1.6%below the sector's middle half▲ 1.5pp-2.4%below the sector's middle half▼ 0.8pp-2.6%below the sector's middle half▼ 0.2pp-2.4%below the sector's middle half▲ 0.3pp
above
within
below
the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €25,564 in 2025 against €26,942 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €706,966
Fixed assets
€527,910 ▼ 3.9%
Current assets
€179,056 ▲ 1.3%
Equity and liabilities €706,966
Equity
€513,951 ▼ 3.1%
Provisions
€84,727 ▼ 5.2%
Debt
€108,288 ▲ 2.3%
Debt's share of the balance-sheet total rises from 14.6% to 15.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€4,403▲
2024 · -€5,686
Cash flow
€4,538▲
2024 · €2,156
Debt to equity
0.21▲
2024 · 0.20
ROE
-3.2%▲
2024 · -3.6%
Interest coverage
-18.27▲
2024 · -28.81
Debt ≤ 1 year
€107,888▲
2024 · €105,467
Staff costs
€1,927▲
2024 · €1,873
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 8,616 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a small loss
0.4%
went bankrupt
5.2%
stopped otherwise
94%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 8,616 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €2,146 | €2,101 | €1,873 | €1,927 | ▲ 2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €23,565 | €20,741 | €21,469 | €21,257 | €21,161 | ▼ 0.4% |
| Other operating charges640/8 | - | €5,327 | €4,007 | €4,067 | €4,043 | ▼ 0.6% |
| Gross operating margin9900 | €3,316 | €11,407 | €5,241 | €255 | €1,567 | ▲ 515% |
| Operating profit (loss)9901 | -€29,157 | -€16,807 | -€22,336 | -€26,942 | -€25,564 | ▲ 5.1% |
| Financial income75/76B | - | - | - | €3,398 | €4,540 | ▲ 33.6% |
| Recurring financial income75 | - | - | - | €3,398 | €4,540 | ▲ 33.6% |
| Financial charges65/66B | - | €215 | €194 | €197 | €241 | ▲ 22.1% |
| Recurring financial charges65 | €168 | €215 | €194 | €197 | €241 | ▲ 22.1% |
| Profit (loss) for the period before taxes9903 | -€29,326 | -€17,023 | -€22,530 | -€23,742 | -€21,265 | ▲ 10.4% |
| Transfer from deferred taxes780 | - | €4,642 | €4,642 | €4,642 | €4,642 | = |
| Income taxes67/77 | €249 | €266 | €211 | €0 | - | - |
| Profit (loss) for the period9904 | -€24,933 | -€12,647 | -€18,100 | -€19,100 | -€16,623 | ▲ 13.0% |
| Transfer from tax-exempt reserves789 | - | €9,014 | €9,014 | €9,014 | €9,014 | = |
| Profit (loss) for the period to be appropriated9905 | -€15,919 | -€3,633 | -€9,085 | -€10,086 | -€7,609 | ▲ 24.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €783,210 | €773,441 | €747,770 | €725,797 | €706,966 | ▼ 2.6% |
| Fixed assets21/28 | €608,156 | €591,797 | €570,328 | €549,072 | €527,910 | ▼ 3.9% |
| Tangible fixed assets22/27 | €608,156 | €591,797 | €570,328 | €549,072 | €527,910 | ▼ 3.9% |
| Land and buildings22 | - | €591,306 | €570,174 | €549,042 | €527,910 | ▼ 3.8% |
| Plant, machinery and equipment23 | - | €214 | €0 | - | - | - |
| Other tangible fixed assets26 | - | €277 | €154 | €29 | €0 | ▼ 100% |
| Current assets29/58 | €175,055 | €181,644 | €177,442 | €176,725 | €179,056 | ▲ 1.3% |
| Amounts receivable within one year40/41 | €746 | €4,159 | €4,438 | €1,124 | €1,479 | ▲ 31.6% |
| Trade receivables40 | - | €4,159 | €4,181 | €0 | - | - |
| Other amounts receivable41 | - | €0 | €257 | €1,124 | €1,479 | ▲ 31.6% |
| Current investments50/53 | - | - | €120,000 | €130,000 | €100,000 | ▼ 23.1% |
| Cash at bank and in hand54/58 | €174,309 | €177,485 | €52,680 | €45,601 | €77,577 | ▲ 70.1% |
| Deferred charges and accrued income490/1 | - | - | €324 | €0 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €783,210 | €773,441 | €747,770 | €725,797 | €706,966 | ▼ 2.6% |
| Equity10/15 | €580,421 | €567,774 | €549,675 | €530,574 | €513,951 | ▼ 3.1% |
| Contributions10/11 | €61,973 | €61,973 | €61,973 | €61,973 | €61,973 | = |
| Capital10 | - | €61,973 | €61,973 | €61,973 | €61,973 | = |
| Issued capital100 | - | €61,973 | €61,973 | €61,973 | €61,973 | = |
| Reserves13 | €518,448 | €505,801 | €487,701 | €468,601 | €451,978 | ▼ 3.5% |
| Non-distributable reserves130/1 | - | €6,197 | €6,197 | €6,197 | €6,197 | = |
| Legal reserve130 | - | €6,197 | €6,197 | €6,197 | €6,197 | = |
| Tax-exempt reserves132 | - | €191,585 | €182,571 | €173,557 | €164,543 | ▼ 5.2% |
| Distributable reserves133 | - | €308,018 | €298,933 | €288,847 | €281,238 | ▼ 2.6% |
| Provisions and deferred taxes16 | €103,293 | €98,651 | €94,010 | €89,368 | €84,727 | ▼ 5.2% |
| Deferred taxes168 | - | €98,651 | €94,010 | €89,368 | €84,727 | ▼ 5.2% |
| Amounts payable17/49 | €99,496 | €107,015 | €104,085 | €105,854 | €108,288 | ▲ 2.3% |
| Amounts payable after more than one year17 | €0 | - | - | - | - | - |
| Amounts payable within one year42/48 | €99,496 | €106,147 | €103,701 | €105,467 | €107,888 | ▲ 2.3% |
| Trade debts44 | €1,748 | €4,650 | €5,350 | €2,242 | €219 | ▼ 90.2% |
| Suppliers440/4 | - | €4,650 | €5,350 | €2,242 | €219 | ▼ 90.2% |
| Taxes, remuneration and social security45 | - | €1,095 | €211 | €0 | - | - |
| Taxes450/3 | - | €48 | €211 | €0 | - | - |
| Remuneration and social security454/9 | - | €1,047 | €0 | - | - | - |
| Other amounts payable47/48 | - | €100,402 | €98,140 | €103,225 | €107,669 | ▲ 4.3% |
| Accrued charges and deferred income492/3 | - | €868 | €384 | €387 | €400 | ▲ 3.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€24,933 | -€12,647 | -€18,100 | -€19,100 | -€16,623 | ▲ 13.0% |
| + Depreciation and write-downs630 | €23,565 | €20,741 | €21,469 | €21,257 | €21,161 | ▼ 0.4% |
| Operating cash flow (approximation) | -€1,369 | €8,094 | €3,369 | €2,156 | €4,538 | ▲ 110% |
| Investment in fixed assets (approximation) | - | -€4,382 | €0 | €0 | €0 | - |
| Change in cash | - | €3,176 | -€124,805 | -€7,079 | €31,976 | ▲ 552% |
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
Next filing, fiscal year 2026, expected by
2026
27-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
11-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
18-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
22-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
10-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Weakest financial yearnet -€24,933
Net result drops to -€24,933, the lowest in the series; recovery starts the following year.
08-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
10-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
18-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
19-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
02-03
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.
0 of 10 acts read
About the unread acts
We know of 10 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
10 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, Heist-op-den-Berg · 1 establishment unit since 1984
Ground area
1,878 m²
Building footprint
274 m²
Volume, LiDAR
1,218 m³
2 parcels, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Roggeveldenstraat 39J, 2223 Heist-op-den-Berg
since 19842.025.469.074
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12033B0580/00S000 | Flanders | 1,064 m² | 1 · 127 m² | 7.7 m · 2 fl. |
| 12033B0442/00G000 | Flanders | 814 m² | 1 · 147 m² | 6.8 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 9,864 companies in sector 73110 we hold annual accounts for 3,758. 2,132 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded16-12-1982
Fiscal year end30-09
Activities, NACEBEL 2025
73110Advertising agencies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0423344622
Also
9925:BE0423344622
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.