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COOLTECSYSTEMS

Active
Private limited companyfounded 2003active for 22 yearsMoerkerkse Steenweg 492, 8310 Brugge, BelgiumKBO/BCE: BE 0862.209.343
Summary

COOLTECSYSTEMS has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €504,316 and a net result of €70,039. Equity has been growing by about 32% per year since 2018. Its solvency ranks better than 84% of 34,972 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Overview

Official details

Source: KBO
Status
Active since 16-12-2003 Normal situation
Activity
Other construction installation NACE 43240and 2 others
Establishment unit
2.134.632.280 8310 Brugge, since 16-12-2003
Financial year end
31 December
Peppol
Reachable since 21-05-2025

Board and ownership

Board
  • Schoutteten JohanDirector

Financial position

97 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Turnover
€509,800
▼ 15.0%
Profit
€70,039
▼ 28.6%
Equity
€504,316
▲ 9.1%
Total assets
€645,064
▲ 15.7%
Staff
≈ 0.2 FTE
estimated
Score breakdownraises riskSize: turnover €509,800, total assets €645,064Sector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 3.42, cash €326,909Equity €504,316 (78.2% of total assets)Show the evidence

Checked score

Score 2025
97 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 74% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 78.2% of total assets
Liquidity 93-6
short-term debt 21.5% · cash 50.7%
Profitability 88-6
return on assets 10.9%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025highest value 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026lowest value 08-2026: 0.1%● unchanged vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value
Credit of up to €45,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.42 (5.12 in 2024), above the usual 1.5. Short-term debt is 21.5% and cash 50.7% of total assets. 21.8% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 90% of them on solvency, 90% on liquidity, 73% on profitability and 41% on growth.

The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 3.42, cash €326,909
NBB · annual accounts
lowers risk · Equity €504,316 (78.2% of total assets)
NBB · annual accounts
raises risk · Size: turnover €509,800, total assets €645,064
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
31 days early
2024
31 days early
2023
27 days late
2022
3 days late
2021
44 days early
2020
67 days late
2019
32 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 6 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 June (4 of the last 5 accounts filed within 34 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Financials

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 30-06-2026 at the NBB all 22 filings

Turnover
€509,800▼ 15.0%
2024 · €599,741
EBIT margin
19.4%▼ 4.1pp
2024 · 23.5%
Net result
€70,039▼ 28.6%
2024 · €98,115
Working capital
€335,395▲ 19.4%
2024 · €280,804
Multi-year overview
2018 to 2025, 8 financial years
Turnover
€509,800
▼ 15.0% 2025
20182025
Operating result
€99,099
▼ 29.8% 2025
20182025
Net result
€70,039
▼ 28.6% 2025
highest quarter of the sector
20182025
EBIT margin
19.4%
▼ 4.1pp 2025
20182025
Equity
€504,316
▲ 9.1% 2025
highest quarter of the sector
20182025
Total assets
€645,064
▲ 15.7% 2025
highest quarter of the sector
20182025
Debt
€140,748
▲ 47.5% 2025
20182025
Working capital
€335,395
▲ 19.4% 2025
highest quarter of the sector
20182025
Solvency
78.2%
▼ 4.7pp 2025
highest quarter of the sector
20182025
Current ratio
3.42
▼ 1.70 2025
highest quarter of the sector
20182025
Return on assets (ROA)
10.9%
▼ 6.7pp 2025
middle half of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Turnover€485,107€526,311▲ 8.5%€599,741▲ 14.0%€509,800▼ 15.0%
Operating result-€1,850-€16,807€40,040▲ 138%€117,973▲ 195%€103,952▼ 11.9%€136,380▲ 31.2%€141,185▲ 3.5%€99,099▼ 29.8%
Net result-€4,075-€10,131€28,054above the sector's middle half▲ 177%€84,259above the sector's middle half▲ 200%€74,414above the sector's middle half▼ 11.7%€95,019above the sector's middle half▲ 27.7%€98,115above the sector's middle half▲ 3.3%€70,039above the sector's middle half▼ 28.6%
EBIT margin21.4%25.9%▲ 4.5pp23.5%▼ 2.4pp19.4%▼ 4.1pp
Equity€90,486-€100,616▲ 11.2%€128,670above the sector's middle half▲ 27.9%€207,929above the sector's middle half▲ 61.6%€280,743above the sector's middle half▲ 35.0%€374,162above the sector's middle half▲ 33.3%€462,277above the sector's middle half▲ 23.5%€504,316above the sector's middle half▲ 9.1%
Total assets€455,753-€456,846▲ 0.2%€457,479above the sector's middle half▲ 0.1%€661,051above the sector's middle half▲ 44.5%€492,162above the sector's middle half▼ 25.5%€477,945above the sector's middle half▼ 2.9%€557,724above the sector's middle half▲ 16.7%€645,064above the sector's middle half▲ 15.7%
Debt€365,267-€356,230▼ 2.5%€328,809▼ 7.7%€453,121▲ 37.8%€211,419▼ 53.3%€103,783▼ 50.9%€95,448▼ 8.0%€140,748▲ 47.5%
Working capital€14,210-€35,284▲ 148%€70,791within the sector's middle half▲ 101%€233,155above the sector's middle half▲ 229%€181,443above the sector's middle half▼ 22.2%€242,175above the sector's middle half▲ 33.5%€280,804above the sector's middle half▲ 16.0%€335,395above the sector's middle half▲ 19.4%
Solvency19.9%-22.0%▲ 2.2pp28.1%within the sector's middle half▲ 6.1pp31.5%within the sector's middle half▲ 3.3pp57.0%within the sector's middle half▲ 25.6pp78.3%above the sector's middle half▲ 21.2pp82.9%above the sector's middle half▲ 4.6pp78.2%above the sector's middle half▼ 4.7pp
Current ratio1.07-1.17▲ 0.101.34within the sector's middle half▲ 0.171.83within the sector's middle half▲ 0.492.92within the sector's middle half▲ 1.095.32above the sector's middle half▲ 2.405.12above the sector's middle half▼ 0.213.42above the sector's middle half▼ 1.70
Return on assets (ROA)-0.9%-2.2%▲ 3.1pp6.1%within the sector's middle half▲ 3.9pp12.7%within the sector's middle half▲ 6.6pp15.1%within the sector's middle half▲ 2.4pp19.9%above the sector's middle half▲ 4.8pp17.6%within the sector's middle half▼ 2.3pp10.9%within the sector's middle half▼ 6.7pp
above within below The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.

The operating result for 2025 is 30% lower than in 2024 and the lowest since 2021.

Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €645,064
Fixed assets €171,148 ▼ 18.0%
Current assets €473,916 ▲ 35.8%
Equity and liabilities €645,064
Equity €504,316 ▲ 9.1%
Debt €140,748 ▲ 47.5%
Debt's share of the balance-sheet total rises from 17.1% to 21.8%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€140,998▼
2024 · €173,705
Cash flow
€111,939▼
2024 · €130,635
Quick ratio
3.27▼
2024 · 4.76
Debt to equity
0.28▲
2024 · 0.21
ROE
13.9%▼
2024 · 21.2%
Interest coverage
82.26▲
2024 · 60.75
Debt ≤ 1 year
€138,521▲
2024 · €68,202
Debt > 1 year
€2,228▼
2024 · €27,246
Income taxes
€28,659▼
2024 · €41,315
Customer credit
74 days▲
2024 · 31 days
Supplier credit
65 days▲
2024 · 12 days
Staff costs
€5,040▼
2024 · €5,122
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Investments

fixed assets acquired
Item20212022202320242025
Tangible fixed assets-€116,098-€61,472€4,329
Depreciation and write-downs of the year€30,196€30,483€36,441€32,520€41,900

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 52 lines
Balance sheet Code20242025
Assets
Total assets20/58€557,724€645,064▲
Fixed assets21/28€208,719€171,148▼
Tangible fixed assets22/27€208,719€171,148▼
Land and buildings22€96,005€89,705▼
Plant, machinery and equipment23€17,094€15,536▼
Furniture and vehicles24€95,620€65,908▼
Current assets29/58€349,006€473,916▲
Stocks and contracts in progress3€24,687€20,356▼
Stocks30/36€24,687€20,356▼
Amounts receivable within one year40/41€50,910€125,248▲
Trade receivables40€50,860€103,498▲
Other amounts receivable41€49€21,750▲
Cash at bank and in hand54/58€269,568€326,909▲
Deferred charges and accrued income490/1€3,841€1,403▼
Equity and liabilities
Total equity and liabilities10/49€557,724€645,064▲
Equity10/15€462,277€504,316▲
Contributions10/11€6,200€6,200=
Reserves13€413,580€455,620▲
Distributable reserves133€413,580€455,620▲
Profit (loss) carried forward14€42,496€42,496=
Amounts payable17/49€95,448€140,748▲
Amounts payable after more than one year17€27,246€2,228▼
Financial debts170/4€27,246€2,228▼
Amounts payable within one year42/48€68,202€138,521▲
Current portion of amounts payable after more than one year42€20,535€25,018▲
Trade debts44€13,544€65,823▲
Suppliers440/4€13,544€65,823▲
Taxes, remuneration and social security45€21,845€18,845▼
Taxes450/3€21,845€18,845▼
Other amounts payable47/48€12,279€28,834▲
Income statement Code20242025
Turnover70€599,741€509,800▼
Goods, raw materials, services and sundry goods60/61€396,851€368,545▼
Remuneration, social security and pensions62€5,122€5,040▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32,520€41,900▲
Other operating charges640/8€2,198€2,419▲
Gross operating margin9900€181,025€148,458▼
Operating profit (loss)9901€141,185€99,099▼
Financial income75/76B€1,104€1,313▲
Recurring financial income75€1,104€1,313▲
Financial charges65/66B€2,859€1,714▼
Recurring financial charges65€2,859€1,714▼
Profit (loss) for the period before taxes9903€139,430€98,698▼
Income taxes67/77€41,315€28,659▼
Profit (loss) for the period9904€98,115€70,039▼
Profit (loss) for the period to be appropriated9905€98,115€70,039▼
Appropriation of the result
Profit (loss) to be appropriated9906€140,611€112,536▼
Profit (loss) brought forward from the previous period14P€42,496€42,496=
Transfer from equity791/2€10,000€28,000▲
Transfer to equity691/2€98,115€70,039▼
To other reserves6921€98,115€70,039▼
Profit to be distributed694/7€10,000€28,000▲
Return on contributions (dividend)694€10,000€28,000▲

The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 30-06-2026.

Line20182019202020212022202320242025Change
Turnover70----€485,107€526,311€599,741€509,800▼ 15.0%
Non-recurring operating income76A----€37,603----
Goods, raw materials, services and sundry goods60/61----€389,666€380,636€396,851€368,545▼ 7.1%
Remuneration, social security and pensions62-----€763€5,122€5,040▼ 1.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29,608€31,346€31,346€30,196€30,483€36,441€32,520€41,900▲ 28.8%
Other operating charges640/8---€2,075€1,948€2,021€2,198€2,419▲ 10.1%
Gross operating margin9900€29,315€49,945€73,298€150,244€136,383€175,606€181,025€148,458▼ 18.0%
Operating profit (loss)9901-€1,850€16,807€40,040€117,973€103,952€136,380€141,185€99,099▼ 29.8%
Financial income75/76B---€97€38€581€1,104€1,313▲ 19.0%
Recurring financial income75€844€105€11€97€38€581€1,104€1,313▲ 19.0%
Financial charges65/66B---€2,250€1,319€3,061€2,859€1,714▼ 40.1%
Recurring financial charges65€2,801€2,440€3,181€2,250€1,319€3,061€2,859€1,714▼ 40.1%
Profit (loss) for the period before taxes9903-€3,807€14,472€36,869€115,820€102,671€133,900€139,430€98,698▼ 29.2%
Income taxes67/77€268€4,342€8,816€31,561€28,257€38,882€41,315€28,659▼ 30.6%
Profit (loss) for the period9904-€4,075€10,131€28,054€84,259€74,414€95,019€98,115€70,039▼ 28.6%
Profit (loss) for the period to be appropriated9905-€4,075€10,131€28,054€84,259€74,414€95,019€98,115€70,039▼ 28.6%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€455,753€456,846€457,479€661,051€492,162€477,945€557,724€645,064▲ 15.7%
Fixed assets21/28€228,208€208,046€176,700€146,504€216,209€179,767€208,719€171,148▼ 18.0%
Intangible fixed assets21€62,308€62,308€62,308------
Tangible fixed assets22/27€165,899€145,738€114,391€146,504€216,209€179,767€208,719€171,148▼ 18.0%
Land and buildings22---€112,030€105,951€99,873€96,005€89,705▼ 6.6%
Plant, machinery and equipment23---€30,000€26,480€21,178€17,094€15,536▼ 9.1%
Furniture and vehicles24---€4,474€76,412€58,716€95,620€65,908▼ 31.1%
Leasing and similar rights25----€7,365----
Current assets29/58€227,545€248,800€280,779€514,547€275,953€298,177€349,006€473,916▲ 35.8%
Stocks and contracts in progress3€24,205€16,154€15,096€32,492€32,492€55,933€24,687€20,356▼ 17.5%
Stocks30/36---€32,492€32,492€29,467€24,687€20,356▼ 17.5%
Contracts in progress37-----€26,466---
Amounts receivable within one year40/41€63,098€66,254€42,481€113,468€35,334€19,909€50,910€125,248▲ 146%
Trade receivables40---€113,454€34,089€18,621€50,860€103,498▲ 103%
Other amounts receivable41---€14€1,245€1,288€49€21,750▲ 442×
Cash at bank and in hand54/58€98,946€162,830€220,078€368,587€204,529€219,509€269,568€326,909▲ 21.3%
Deferred charges and accrued income490/1----€3,598€2,827€3,841€1,403▼ 63.5%
Equity and liabilities
Total equity and liabilities10/49€455,753€456,846€457,479€661,051€492,162€477,945€557,724€645,064▲ 15.7%
Equity10/15€90,486€100,616€128,670€207,929€280,743€374,162€462,277€504,316▲ 9.1%
Contributions10/11€6,200€6,200-€6,200€6,200€6,200€6,200€6,200=
Reserves13€42,233€52,233€80,233€159,233€232,047€325,465€413,580€455,620▲ 10.2%
Non-distributable reserves130/1---€11,547€11,547----
Reserves not available under the articles1311---€11,547€11,547----
Distributable reserves133---€147,686€220,500€325,465€413,580€455,620▲ 10.2%
Profit (loss) carried forward14€42,053€42,183€42,237€42,496€42,496€42,496€42,496€42,496=
Amounts payable17/49€365,267€356,230€328,809€453,121€211,419€103,783€95,448€140,748▲ 47.5%
Amounts payable after more than one year17€151,932€134,889€117,479€105,965€116,908€47,781€27,246€2,228▼ 91.8%
Financial debts170/4---€105,965€116,908€47,781€27,246€2,228▼ 91.8%
Amounts payable within one year42/48€213,335€213,516€209,989€281,392€94,510€56,002€68,202€138,521▲ 103%
Current portion of amounts payable after more than one year42---€12,579€22,182€19,128€20,535€25,018▲ 21.8%
Trade debts44€30,773€24,622€10,889€30,181€62,697€21,172€13,544€65,823▲ 386%
Suppliers440/4---€30,181€62,697€21,172€13,544€65,823▲ 386%
Advances received on contracts in progress46---€7,630-----
Taxes, remuneration and social security45---€70,629€4,725€10,644€21,845€18,845▼ 13.7%
Taxes450/3---€66,186€4,725€10,644€21,845€18,845▼ 13.7%
Remuneration and social security454/9---€4,443-----
Other amounts payable47/48---€160,373€4,906€5,059€12,279€28,834▲ 135%
Accrued charges and deferred income492/3---€65,764-----
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€4,075€10,131€28,054€84,259€74,414€95,019€98,115€70,039▼ 28.6%
+ Depreciation and write-downs630€29,608€31,346€31,346€30,196€30,483€36,441€32,520€41,900▲ 28.8%
Operating cash flow (approximation)€25,532€41,477€59,400€114,456€104,897€131,460€130,635€111,939▼ 14.3%
Investment in fixed assets (approximation)--€11,185€0€0-€100,188€0-€61,472-€4,329▲ 93.0%
Change in cash-€63,883€57,248€148,509-€164,058€14,980€50,059€57,341▲ 14.5%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Historical observation

In July 2024, 20,136 companies had the same profile as COOLTECSYSTEMS has now. Two years later, 95.0% were still going and 0.2% had gone bankrupt.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
95.0% was still going
4.7% stopped otherwise
0.2% went bankrupt

That fits the bankruptcy probability of COOLTECSYSTEMS itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 20,136 companies, not a prediction for COOLTECSYSTEMS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Latest 10 of 22 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 30-06-2026 2026-00242246 PDF
31-12-2024 micro format 30-06-2025 2025-00222424 PDF
31-12-2023 micro format 27-08-2024 2024-00374444 PDF
31-12-2022 micro format 03-08-2023 2023-00309998 PDF
31-12-2021 micro format 17-06-2022 2022-20069722 PDF
31-12-2020 micro format 06-10-2021 2021-71200340 PDF
31-12-2019 micro format 29-06-2020 2020-22100202 PDF
31-12-2018 micro format 05-08-2019 2019-44100367 PDF
31-12-2017 micro format 21-08-2018 2018-47400446 PDF
31-12-2016 micro format 21-09-2017 2017-62000572 PDF

Show all 22 filings

Board & ownership

Directors

Directors
1 director
Schoutteten Johan
Director · listed in the 2025 annual accounts, filed on 30-06-2026
Current
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“duurtijd, wordt hun mandaat geacht van onbepaalde duur te zijn. §3. Wanneer de bestuurders een collegiaal orgaan vormen en de plaats van een…”
deed of 06-11-2023

Owners and capital

Capital transactions

Capital over time
  1. 06-11-2023 Converted to unavailable equity · €18,600

Articles of association

Board and representation

Board ruleThese rules set how the board is made up, meets and takes decisions.
“11, één of meer bestuurders”

Capital, shares and profit

Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
“Op naam, 8”
Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
“Procedure- en expertisekosten helft overdrager helft koper(s) naar evenredigheid verworven aantal bij meer kopers, geen beroep op rechter…”

Articles of association, deed of 06-11-2023 (in Dutch)

Network & group

COOLTECSYSTEMS shares no director with another company.

Connections & network

1 current director
Depth

The network starts from the directors of COOLTECSYSTEMS. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Acts, filings and financial milestones

Deadline for the 2026 accounts: 31-07-2027
2026
30-06
NBB filing Annual accounts 2025 filedNBB
micro format · 31 days before the deadline
2025
31-12
Financial Equity above €500,000equity €504,316 ▲9.1%
After 7 profitable years in a row, equity reaches €504,316.
30-06
NBB filing Annual accounts 2024 filedPDF
micro format · 31 days before the deadline
2024
31-12
Financial Highest result from 2018 to 2025net €98,115 ▲3.3%
The operating result of €141,185 and the net result of €98,115 are both a record.
27-08
NBB filing Annual accounts 2023 filedPDF
micro format · 27 days late
2023
06-11
Gazette deed Amendment of the articles · Legal-form change · Resignations & appointments
Capital conversion · Reserve release · Kind of shares6 points ▸
  • General meeting, 26-10-2023
  • Amendment of the articles, mentioned 2 times in the deed
  • Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
  • Reserve release, “deze middelen en eventuele toekomstige nieuwe inbrengen, opheffen statutair onbeschikbare eigen vermogensrekening en beschikbaar maken voor uitkering” (deed in Dutch)
  • Other provision, “binnen grenzen Wetboek van vennootschappen en verenigingen, uitkeringen uit winst lopende boekjaar of uit winst voorgaande boekjaar voor goedkeuring jaarrekenin…” (deed in Dutch)
  • Kind of shares, “vergoeding voor inbrengen”, 100 (deed in Dutch)

Open the act in the Belgian Official Gazette

03-08
NBB filing Annual accounts 2022 filedPDF
micro format · 3 days late
2022
17-06
NBB filing Annual accounts 2021 filedPDF
micro format · 44 days before the deadline
2021
31-12
Financial Equity above €200,000equity €207,929 ▲61.6%
After 3 profitable years in a row, equity reaches €207,929.
06-10
NBB filing Annual accounts 2020 filedPDF
micro format · 67 days late
2020
29-06
NBB filing Annual accounts 2019 filedPDF
micro format · 32 days before the deadline
2019
31-12
Financial Back to profitnet €10,131
The net result is €10,131, after one loss-making year.
Show earlier events
31-12
Financial Equity above €100,000equity €100,616 ▲11.2%
Equity rises from €90,486 to €100,616.
05-08
NBB filing Annual accounts 2018 filedPDF
micro format · 5 days late
2018
21-08
NBB filing Annual accounts 2017 filedPDF
micro format · 21 days late
2017
21-09
NBB filing Annual accounts 2016 filedPDF
micro format · 52 days late
2003
23-12
Gazette deed IncorporationPDF
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

COOLTECSYSTEMS was incorporated on 16 December 2003.1 Turnover went from €485,107 in 2022 to €509,800 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2022 and 2025

Company details

Register details

Identity

KBO record
Name COOLTECSYSTEMS in Dutch
Enterprise number 0862.209.343
Legal form Private limited company
Status Active, normale toestand
Founded 16-12-2003
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 06-11-2023 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Iedere verandering bekendgemaakt in bijlage Belgisch Staatsblad door zorgen bestuursorgaan, Vlaams Gewest”
deed of 06-11-2023 (in Dutch)

Registered office and establishments

Registered office Moerkerkse Steenweg 492, 8310 Brugge, Belgium
Establishment unit COOLTEC, Moerkerkse Steenweg 492, 8310 Brugge since 16-12-2003 · unit number 2.134.632.2802825001 Manufacture of machinery and equipment not elsewhere classified

Activities

NACEBEL 2025
43240 Other construction installation main activity
43222 Installation of electric heating, air conditioning, cooling and ventilation
47789 Other retail sale of new goods
Codes under NACEBEL 2008
43299 Specialised construction activities main activity
43222 Specialised construction activities
47789 Retail trade
Codes under NACEBEL 2003
45340 main activity
45331
52498
PurposeThe purpose describes the activities the company may carry out under its articles.
“A) installatie van gasleidingen voor horeca- en huishoudapparaten; B) installatie van elektriciteitsvoorzieningen voor horeca- en…”
46 activities
  1. A) installatie van gasleidingen voor horeca- en huishoudapparaten
  2. B) installatie van elektriciteitsvoorzieningen voor horeca- en huishoudapparaten
  3. C) installatie van waterafvoersystemen voor horeca- en huishoudapparaten
  4. D) installatie van watertoevoersystemen voor horeca- en huishoudapparaten
  5. Puntjes a, b, c en d omvatten zowel de verkoop, montage als werkuren van deze nutsvoorzieningen, we spreken hier over het installeren van buizen, afsluitkranen, enz.
  6. E) leveren en plaatsen van horeca- en huishoudapparatuur
  7. F) leveren en plaatsen van dampkappen voor horeca en huishoud
  8. Puntje f omvat het ophangen van dampkap alsook de installatie van het buizennetwerk met bijhorende motoren en bekabeling + verlichting.
  9. G) leveren en plaatsen van alle types vaatwassystemen zowel voor horeca als huishoud
  10. H) leveren en plaatsen van alle types barapparatuur voor horecasector, o.a. ijsblokmachines, flessenkoelers, glazenwassers, espressomachines, enz.
  11. I) leveren/ plaatsing/ montage van alle inox meubilair (ook maatwerk)
  12. J) leveren/ plaatsing/ montage van airco installaties alle types
  13. K) leveren/plaatsen/ montage van warmtepompen alle types (ook zwembaden)
  14. L) leveren/plaatsen/ montage van complete waterinstallatie zwembaden omvat filtersysteem, pomp, chloor- en PHinstallatie en alle nodige randonderdelen.
  15. Loodgieterswerk en installatie van verwarming, klimaatregeling en ventilatie in ruime zin
  16. Ontwerpen/ activeren website’s en webshop
  17. Marketeer
  18. Evenementen organisator
  19. Communicatie en public relations
  20. De vervaardiging en installatie van industriële machines, apparaten en toestellen voor de koeltechniek;
  21. De vervaardiging van koeltoonbanken
  22. De vervaardiging van machines en apparaten voor de klimaatregeling in besloten ruimten (airconditioning);
  23. De vervaardiging van warmtewisselaars;
  24. De vervaardiging van ventilatoren voor niet-huishoudelijk gebruik;
  25. De installatie in gebouwen en andere bouwwerken van: apparatuur (inclusief regelapparatuur) en leidingen voor verwarming, ventilatie, koeling en klimaatregeling, uitgezonderd activiteiten van installateur van verwarming met gas met individuele toestellen en installateur van centrale verwarming;
  26. De vervaardiging van toestellen voor het filteren of zuiveren van vloeistoffen, lucht of andere gassen;
  27. De vervaardiging van luchtfilters en brandstoffilters voor motoren;
  28. De vervaardiging van koelkasten en vrieskasten, vaatwasmachines en droogtoestellen;
  29. De vervaardiging van elektrische ovens, microgolfovens, fornuizen, komforen, broodroosters, koffie- en theezetapparaten, elektrische braadpannen, en kooppotten, grilleerapparaten, verwarmingsweerstanden, enz.;
  30. Onderneming voor het bouwen van koelkamers, kluizen, enz.;
  31. Onderneming voor de installatie van elektrische bedrading en toebehoren;
  32. Onderneming voor de installatie van hulpvoedingssystemen (generatoraggregaten);
  33. Onderneming voor de installatie van de bedrading voor telefooninstallaties en computersystemen;
  34. Onderneming voor de installatie van elektrische verwarmingsinstallaties;
  35. Het aanbrengen in gebouwen van andere bouwwerken van: thermisch isolatiemateriaal, isolatiemateriaal tegen geluid en trillingen;
  36. Isolatiewerkzaamheden aan verwarmingsleidingen en leidingen van koelsystemen;
  37. De isolatie van koelkamers en -pakhuizen;
  38. De groothandel in elektrische huishoudelijke apparaten;
  39. De kleinhandel in elektrische huishoudapparaten;
  40. De reparatie van elektrische huishoudapparaten;
  41. De groothandel in overige machines en uitrusting voor industrieel gebruik, n.e.g.;
  42. De reparatie van machines en uitrusting voor industrieel gebruik;
  43. De groothandel in winkeluitrusting (toonbanken, etalagepoppen, enz.);
  44. De groothandel in materieel en benodigdheden voor hotels, cafés, en restaurants;
  45. De installatie van airconditioning in motorvoertuigen;
  46. Disc-jockey.
deed of 06-11-2023 (in Dutch)

Invoicing and payment

VAT number BE 0862.209.343
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0862209343
Other Peppol ID 9925:BE0862209343
Registered 21-05-2025

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 4 November 2026 · Peppol Directory

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0862.209.343

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12

Sites & property

Location
registered office establishment The establishment unit on the map

Buildings and parcels at the address

Ground area
2,030 m²
Building footprint
222 m²
Building volume
1,188 m³
Cadastral parcel Region Area Buildings Height / floors
31029B0466/00A003 Flanders 2,030 m² 1 · 222 m² 9.3 m · 2