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DE KOOLAARD

Active
Private limited companyfounded 198046 yrs activeOostendse Baan 121, 8470 Gistel, BelgiumKBO/BCE: BE 0420.164.705
Summary

DE KOOLAARD has been active since 1980 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €5.3m and a net result of €48,682. Equity remains stable across the filed fiscal years (±0.8% per year). Its solvency ranks better than 88% of 176 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysisWatch ReportCompare
DE KOOLAARDActiveChecked score 92/100
Risk analysis ReportCompare

Overview

Activity
Wholesale trade
NACE 46610NACE 51880
#4 company by equity in Gistel, Wholesale and retail trade sector1 site
Size
€5.5mtotal assets 2026
Equity
€5.3m
Profit
€48,682
Turnover not published (abridged schema)
Financial health
92 Excellent Checked score 2026
Bankruptcy chance 12 m
0.2%
Structure
Accounts 47 d early0 of 8 deeds read
Why 92- Liquidity: current ratio 12.85, cash €3,737, halved+ Founded in 1980+ Size: total assets €5.5m+ Equity €5.3m (96.2% of total assets)Show the evidence

Checked score

Score 2026
92 / 100
Excellent
Probability in this band: under 0.55%
Better than 63% of its sector peers (NACE 46, small)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2025
Strong
Solvency 100=
equity 96.2% of total assets
Liquidity 50=
short-term debt 1.3% · cash 0.1%
Profitability 70+1
return on assets 0.9%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (4,366 companies)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● 0.0% vs 11-2024 01-2025: 0.1%● 0.0% vs 12-2024 02-2025: 0.1%● 0.0% vs 01-2025 03-2025: 0.1%● 0.0% vs 02-2025 04-2025: 0.1%● 0.0% vs 03-2025 05-2025: 0.1%● 0.0% vs 04-2025 06-2025: 0.1%▲ +6.5% vs 05-2025 07-2025: 0.1%▲ +6.1% vs 06-2025 08-2025: 0.1%▲ +3.4% vs 07-2025 09-2025: 0.1%▲ +6.7% vs 08-2025 10-2025: 0.2%▲ +60.4% vs 09-2025highest value 11-2025: 0.1%▼ -50.6% vs 10-2025lowest value 12-2025: 0.1%● 0.0% vs 11-2025lowest value 01-2026: 0.1%● 0.0% vs 12-2025lowest value 02-2026: 0.1%● 0.0% vs 01-2026lowest value 03-2026: 0.1%● 0.0% vs 02-2026lowest value 04-2026: 0.1%● 0.0% vs 03-2026lowest value 05-2026: 0.1%● 0.0% vs 04-2026lowest value 06-2026: 0.1%▲ +5.3% vs 05-2026 07-2026: 0.1%▲ +7.5% vs 06-2026 08-2026: 0.1%▲ +2.3% vs 07-2026 09-2026: 0.1%▲ +6.8% vs 08-2026 10-2026: 0.2%▲ +62.8% vs 09-2026
  • Liquidity: current ratio 12.85, cash €3,737, halved raises the probability
  • Founded in 1980 lowers the probability for this profile
  • Size: total assets €5.5m lowers the probability for this profile
  • Equity €5.3m (96.2% of total assets) lowers the probability
Credit up to €480,000 at 30 days acceptable
Liquidity ample (current ratio 12.85 against 24.3 in 2025; short-term debt: 1.3% and cash: 0.1% of total assets), and 3.8% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 46, small). Better than this share of them on solvency 92%, liquidity 62%, profitability 61%, growth against the median 39%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Liquidity: current ratio 12.85, cash €3,737, halved
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Founded in 1980
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · Size: total assets €5.5m
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
lowers risk · Equity €5.3m (96.2% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 14-09-2026, 47 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
47 d early
2025
22 d early
2024
52 d early
2023
30 d late
2022
on the day
2021
19 d early
2020
23 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 19 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. Usually files around 9 October (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
03-10-2026 today31-03-2027 close31-10-2027 deadline
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
  1. Annual accounts filedfiscal year 2026 · micro…
  2. Highest result since 2019net €48,682 ▲58.2%
  3. Annual accounts filedfiscal year 2025 · micro…

Key points

  • Positive: Among the best 5% on equitysector median €61,925 · 178 companies €5.3m View
  • Positive: 8 profitable years in a rowprofit 2026: €48,682 8 years View
  • Active since 1980founded 11-02-1980 46 years View

By topic

Financials

Fiscal year
2026
Total assets
€5.5m
Profit
€48,682
Solvency
96.2%
Total assets▲ 1.2%
Net result
20192026
Go to Financials

Timeline

Events
14
Since
2017
Next accounts
by 31-10-2027
  1. 14-09-2026Annual accounts filed
  2. 31-03-2026Highest result since 2019
  3. 09-10-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Wholesale tradeNACE 46610
Founded
11-02-1980
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

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