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Private limited companyfounded 20205 yrs activeLakensestraat 64, 1853 Grimbergen, BelgiumKBO/BCE: BE 0757.534.168
Summary

COOTS is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €12,436 and a net result of €10,436. Equity is shrinking by ~16.3% per year across the filed fiscal years. Its solvency ranks better than 17% of 9866 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 9866 sector peers (2024).
NBB · sector comparison
Position among 9866 sector peers
Solvency
better than 17%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-07-2025, 7 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
not confirmed
2024
7 d early
2023
15 d early
2022
6 d early
2021
4 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 8 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 27 October 2020, COOTS was incorporated as a Private limited company.1 Total assets went from EUR 63,493 in 2021 to EUR 96,278 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2021 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€12,436▼ 77.8%
2023 · €56,011
Net result
€10,436▼ 39.1%
2023 · €17,137
Total assets
€96,278▼ 16.0%
2023 · €114,587
Solvency
12.9%▼ 36.0pp
2023 · 48.9%
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, 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
Line2021202220232024
Operating result€45,476-€2,576▼ 94.3%€23,254▲ 803%€17,181▼ 26.1%
Net result€36,154within the sector's middle half-€720below the sector's middle half▼ 98.0%€17,137within the sector's middle half▲ 2,279%€10,436within the sector's middle half▼ 39.1%
Equity€38,154below the sector's middle half-€38,874below the sector's middle half▲ 1.9%€56,011within the sector's middle half▲ 44.1%€12,436below the sector's middle half▼ 77.8%
Total assets€63,493below the sector's middle half-€74,088below the sector's middle half▲ 16.7%€114,587below the sector's middle half▲ 54.7%€96,278below the sector's middle half▼ 16.0%
Debt€25,339-€35,214▲ 39.0%€58,576▲ 66.3%€83,842▲ 43.1%
Working capital€38,154-€37,874▼ 0.7%€53,705▲ 41.8%€9,997▼ 81.4%
Solvency60.1%within the sector's middle half-52.5%within the sector's middle half▼ 7.6pp48.9%within the sector's middle half▼ 3.6pp12.9%below the sector's middle half▼ 36.0pp
above within below the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, 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
€0€20,000€40,000Operating result 2021: €45,476€45,476Net result 2021: €36,154€36,154Operating result 2022: €2,576€2,576Net result 2022: €720€720Operating result 2023: €23,254€23,254Net result 2023: €17,137€17,137Operating result 2024: €17,181€17,181Net result 2024: €10,436€10,4362021202220232024€0€10,000€20,000Operating result 2022: €2,576€2,580Net result 2022: €720€720Operating result 2023: €23,254€23,300Net result 2023: €17,137€17,100Operating result 2024: €17,181€17,200Net result 2024: €10,436€10,400202220232024
The operating result falls in 2024; 2024 is 26% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €96,278
Fixed assets €4,965 ▼ 24.6%
Current assets €91,312 ▼ 15.5%
Equity and liabilities €96,278
Equity €12,436 ▼ 77.8%
Debt €83,842 ▲ 43.1%
Debt's share of the balance-sheet total rises from 51.1% to 87.1%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
ROE
83.9%▲
2023 · 30.6%
ROA
10.8%▼
2023 · 15.0%
Debt ≤ 1 year
€81,315▲
2023 · €54,297
Debt > 1 year
€2,527▼
2023 · €4,279
Income taxes
€4,122▼
2023 · €5,989
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 47 lines
Balance sheet Code20232024
Assets
Total assets20/58€114,587€96,278▼
Fixed assets21/28€6,585€4,965▼
Tangible fixed assets22/27€6,585€4,965▼
Furniture and vehicles24€6,585€4,965▼
Current assets29/58€108,002€91,312▼
Amounts receivable after more than one year29€26,000€26,000=
Trade receivables290€0-
Other amounts receivable291€26,000€26,000=
Amounts receivable within one year40/41€68,729€57,813▼
Trade receivables40€51,425€44,285▼
Other amounts receivable41€17,304€13,528▼
Cash at bank and in hand54/58€13,108€7,275▼
Deferred charges and accrued income490/1€164€225▲
Equity and liabilities
Total equity and liabilities10/49€114,587€96,278▼
Equity10/15€56,011€12,436▼
Contributions10/11€2,000€2,000=
Reserves13€54,011€10,436▼
Distributable reserves133€54,011€10,436▼
Profit (loss) carried forward14-€0
Amounts payable17/49€58,576€83,842▲
Amounts payable after more than one year17€4,279€2,527▼
Financial debts170/4€4,279€2,527▼
Amounts payable within one year42/48€54,297€81,315▲
Current portion of amounts payable after more than one year42€1,638€1,752▲
Trade debts44€2,267€44▼
Suppliers440/4€2,267€44▼
Taxes, remuneration and social security45€13,388€12,666▼
Taxes450/3€13,388€12,666▼
Other amounts payable47/48€37,003€66,852▲
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,365€1,620▲
Other operating charges640/8€1,627€936▼
Gross operating margin9900€26,246€19,738▼
Operating profit (loss)9901€23,254€17,181▼
Financial income75/76B€1,820€1,820=
Recurring financial income75€1,820€1,820=
Financial charges65/66B€1,949€4,443▲
Recurring financial charges65€1,949€4,443▲
Profit (loss) for the period before taxes9903€23,126€14,558▼
Income taxes67/77€5,989€4,122▼
Profit (loss) for the period9904€17,137€10,436▼
Profit (loss) for the period to be appropriated9905€17,137€10,436▼
Appropriation of the result
Profit (loss) to be appropriated9906€17,137€10,436▼
Transfer from equity791/2-€54,011
Transfer to equity691/2€17,137€10,436▼
To other reserves6921€17,137€10,436▼
Profit to be distributed694/7-€54,011
Return on contributions (dividend)694-€54,011

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€149€1,365€1,620▲ 18.7%
Other operating charges640/8€1,332€1,335€1,627€936▼ 42.5%
Gross operating margin9900€46,808€4,061€26,246€19,738▼ 24.8%
Operating profit (loss)9901€45,476€2,576€23,254€17,181▼ 26.1%
Financial income75/76B-€0€1,820€1,820=
Recurring financial income75-€0€1,820€1,820=
Financial charges65/66B€222€96€1,949€4,443▲ 128%
Recurring financial charges65€222€96€1,949€4,443▲ 128%
Profit (loss) for the period before taxes9903€45,254€2,480€23,126€14,558▼ 37.0%
Income taxes67/77€9,101€1,760€5,989€4,122▼ 31.2%
Profit (loss) for the period9904€36,154€720€17,137€10,436▼ 39.1%
Profit (loss) for the period to be appropriated9905€36,154€720€17,137€10,436▼ 39.1%
Line2021202220232024Change
Assets
Total assets20/58€63,493€74,088€114,587€96,278▼ 16.0%
Fixed assets21/28-€1,000€6,585€4,965▼ 24.6%
Tangible fixed assets22/27-€1,000€6,585€4,965▼ 24.6%
Furniture and vehicles24-€1,000€6,585€4,965▼ 24.6%
Current assets29/58€63,493€73,088€108,002€91,312▼ 15.5%
Amounts receivable after more than one year29-€26,000€26,000€26,000=
Trade receivables290-€26,000€0--
Other amounts receivable291--€26,000€26,000=
Amounts receivable within one year40/41€38,537€44,542€68,729€57,813▼ 15.9%
Trade receivables40€18,469€27,238€51,425€44,285▼ 13.9%
Other amounts receivable41€20,068€17,304€17,304€13,528▼ 21.8%
Cash at bank and in hand54/58€24,956€2,382€13,108€7,275▼ 44.5%
Deferred charges and accrued income490/1-€164€164€225▲ 36.6%
Equity and liabilities
Total equity and liabilities10/49€63,493€74,088€114,587€96,278▼ 16.0%
Equity10/15€38,154€38,874€56,011€12,436▼ 77.8%
Contributions10/11€2,000€2,000€2,000€2,000=
Reserves13€36,154€36,874€54,011€10,436▼ 80.7%
Distributable reserves133€36,154€36,874€54,011€10,436▼ 80.7%
Profit (loss) carried forward14---€0-
Amounts payable17/49€25,339€35,214€58,576€83,842▲ 43.1%
Amounts payable after more than one year17--€4,279€2,527▼ 40.9%
Financial debts170/4--€4,279€2,527▼ 40.9%
Amounts payable within one year42/48€25,339€35,214€54,297€81,315▲ 49.8%
Current portion of amounts payable after more than one year42--€1,638€1,752▲ 6.9%
Trade debts44€1,220€1,283€2,267€44▼ 98.1%
Suppliers440/4€1,220€1,283€2,267€44▼ 98.1%
Taxes, remuneration and social security45€11,691€15,816€13,388€12,666▼ 5.4%
Taxes450/3€11,691€15,816€13,388€12,666▼ 5.4%
Other amounts payable47/48€12,428€18,116€37,003€66,852▲ 80.7%
Line2021202220232024Change
Profit (loss) for the period9904€36,154€720€17,137€10,436▼ 39.1%
+ Depreciation and write-downs630-€149€1,365€1,620▲ 18.7%
Operating cash flow (approximation)€36,154€870€18,501€12,056▼ 34.8%
Investment in fixed assets (approximation)---€6,950€0▲ 100%
Change in cash--€22,574€10,727-€5,834▼ 154%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
12-08
State Gazette act General meeting · Other statement
Purpose change · Share class
2025
24-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
16-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
25-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Weakest financial yearnet €720 ▼98%
Net result drops to €720, the lowest in the series; recovery starts the following year.
27-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 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
2 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, Grimbergen · 1 establishment unit since 2020
seat establishment The establishment unit on the map
Ground area
225 m²
Building footprint
82 m²
Volume, LiDAR
610 m³
Parcel 23084A0499/00H002, Flanders · tallest building 11.6 m, ±3 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
COOTS
Lakensestraat 64, 1853 GrimbergenHoldings
since 20202.309.442.118
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23084A0499/00H002 Flanders 225 m² 1 · 82 m² 11.6 m · 3 fl.
Linked by address, not proof of ownership
Good to know
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

Of 24,729 companies in sector 64210 we hold annual accounts for 19,773. 5,790 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded27-10-2020
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID 0208:0757534168
Also 9925:BE0757534168
Registered 24-11-2023

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.