Evercold
ActiveSummary
The computed 12-month bankruptcy probability of Evercold is 6.2% (elevated). The 2024 annual accounts show negative equity (-€120,126) and a net result of €444,365, of which €764,621 non-recurring income. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 5% of 505 sector peers (NACE 28, financial year 2024). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 07-01-2020 Normal situation
- Activity
- Manufacture of machinery and equipment not elsewhere classified NACE 28250
- Joint committee
- 200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2024
- Establishment unit
- 2.297.542.691 9000 Gent, since 07-01-2020
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Board and ownership
- TAC SUDManaging director · permanent representative Eric Van Overloop
- Cristallo TopCoDirector · since 20-04-2023 · permanent representative Ruben Monballieu
- IT ADVANTAGEDirector · since 19-07-2023 · permanent representative Nathan Van Overloop
- The Airconditioning Company100%· score 832025 annual accounts of The Airconditioning Company
- Cristallo TopCoconsolidatesannual accounts 2024
Financial position
- Bankruptcy probabilitywithin 12 months
- 6.2%
- Gross margin
- €982,820
- Turnover
- ≈ €2.3m
- estimated
- Profit
- €444,365
- Equity
- -€120,126
- ▲ 78.7%
- Total assets
- €180,557
- ▼ 2.4%
- Employees on 31-12-2024
- 3
- ▼ 25.0%
- Negative equity on 31-12-2024
- 2025 accounts not filed, 94 days past the deadline
Score breakdownraises riskFigures for financial year 2024 (filed on 04-11-2025)1 financial year not filed after the legal deadline; last filed accounts filed 90 days late; 3 of the last 3 accounts lateFounded in 2020Size: 3.9 FTE, total assets €180,557Show the evidence
Checked score
About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 28, micro). It does better than 4% of them on solvency, 17% on liquidity, 95% on profitability and 93% on growth.
The bankruptcy probability was computed on 01-11-2026 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
The company filed its last 5 accounts on average 44 days after the deadline. In the sector (NACE 28), the median for financial year 2024 was 11 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (1)
Financials
Financials · financial year 2024, abbreviated format
2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 2 November 2026.
Annual accounts 2024 filed on 29-10-2025 PDF all 5 filings
2020 to 2024, 5 financial years
The operating result for 2024 is a profit of €446,264, after a loss of €356,635 in 2023. It is the highest result since 2020.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Manufacture of machinery and equipment not elsewhere classified (NACE 28). 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 dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 4 | 4 | 4 | 3 |
| full-time | 4 | 3 | 4 | 3 |
| part-time | - | 1 | 0 | 0 |
| in full-time equivalents | 4 | 3.8 | 4 | 3 |
| Average over the year, in full-time equivalents | 4.7 | 3.8 | 4.2 | 3.9 |
| On a permanent contract | 4 | 4 | 4 | 3 |
| Joined | 4 | 2 | 5 | 0 |
| Left | 4 | 2 | 5 | 1 |
| Training hours | 60 | 5 | 64 | 65 |
Source: social balance sheet in the 2021 to 2024 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Tangible fixed assets | €1,650 | €1,334 | €3,533 | - |
| Depreciation and write-downs of the year | €483 | €842 | €1,047 | €1,563 |
Source: notes to the 2021 to 2024 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2023 to 2025 · 3 entries · €1,018 awarded · €1,018 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €341 | €341 |
| 2024 | 1 | €362 | €362 |
| 2023 | 1 | €315 | €315 |
Comparable companies
These companies have the same main activity as Evercold: manufacture of machinery and equipment not elsewhere classified (NACE 28250). They are comparable in size and age: total assets between €320,000 and €1.1m, founded between 2014 and 2020.
| Company | Founded | Total assets | Equity | Gross margin | Net result | FTE | Financial year |
|---|---|---|---|---|---|---|---|
| Evercold Gent | 2020 | €0.2m | -€0.1m | €1.0m | €0.4m | 3.9 | 2024 |
| COOLEOS Olen | 2020 | €0.6m | €0.2m | €0.4m | €0.2m | 1.9 | 2025 |
| O.M.S. Oudenaarde | 2014 | €0.6m | -€0.2m | €0.4m | -€0.05m | 6.6 | 2025 |
| R.F. PROJECTS Fernelmont | 2016 | €0.8m | €0.5m | €0.5m | €0.04m | 7 | 2025 |
| FRISKE Gavere | 2016 | €1.1m | €0.5m | €0.5m | €0.1m | 4.2 | 2025 |
| BUSSCHAERT KOELTECHNIEK Dendermonde | 2016 | €0.4m | €0.2m | €0.3m | €0.02m | - | 2025 |
| DUBO HVAC Zulte | 2018 | €0.3m | €0.03m | €0.1m | €0.01m | - | 2025 |
They were chosen from the 283 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 2,180 companies had the same profile as Evercold has now. Two years later, 4.8% had gone bankrupt and 88.8% were still going.
- Micro
- 5 to 10 years old
- negative equity
- a profit of 5% of the balance sheet or more
Another 0.6% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Evercold itself is higher: 6.2% within 12 months. It rests on far more data about Evercold than the profile alone.
Test of the method
The method was tested on the 497,445 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.
| 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 2,180 companies, not a prediction for Evercold. 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.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €764,621 | - |
| Remuneration, social security and pensions62 | - | €275,532 | €276,282 | €344,423 | €368,059 | ▲ 6.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €86 | €483 | €842 | €1,047 | €1,563 | ▲ 49.2% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | - | €77,290 | - |
| Other operating charges640/8 | - | €828 | €4,711 | €711 | €5,863 | ▲ 725% |
| Non-recurring operating charges66A | - | - | - | - | €83,782 | - |
| Gross operating margin9900 | €104,352 | €285,245 | €131,318 | -€10,454 | €982,820 | - |
| Operating profit (loss)9901 | -€70,069 | €8,402 | -€150,516 | -€356,635 | €446,264 | - |
| Financial income75/76B | - | €333 | €930 | €0 | €92 | ▲ 4,605× |
| Recurring financial income75 | €280 | €333 | €930 | €0 | €92 | ▲ 4,605× |
| Financial charges65/66B | - | €209 | €225 | €1,657 | €1,656 | = |
| Recurring financial charges65 | €125 | €209 | €225 | €1,657 | €1,656 | = |
| Profit (loss) for the period before taxes9903 | -€69,915 | €8,526 | -€149,810 | -€358,291 | €444,700 | - |
| Income taxes67/77 | - | - | - | - | €335 | - |
| Profit (loss) for the period9904 | -€69,915 | €8,526 | -€149,810 | -€358,291 | €444,365 | - |
| Profit (loss) for the period to be appropriated9905 | -€69,915 | €8,526 | -€149,810 | -€358,291 | €444,365 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €115,668 | €385,625 | €355,965 | €185,004 | €180,557 | ▼ 2.4% |
| Fixed assets21/28 | €595 | €1,762 | €2,254 | €4,739 | €3,177 | ▼ 33.0% |
| Tangible fixed assets22/27 | €595 | €1,762 | €2,254 | €4,739 | €3,177 | ▼ 33.0% |
| Plant, machinery and equipment23 | - | €1,508 | €2,254 | €1,574 | €895 | ▼ 43.2% |
| Furniture and vehicles24 | - | €255 | €0 | €3,165 | €2,282 | ▼ 27.9% |
| Current assets29/58 | €115,073 | €383,863 | €353,711 | €180,265 | €177,381 | ▼ 1.6% |
| Stocks and contracts in progress3 | €5,000 | €35,352 | €12,000 | €16,652 | €30,256 | ▲ 81.7% |
| Stocks30/36 | - | €35,352 | €12,000 | €12,000 | €0 | ▼ 100% |
| Contracts in progress37 | - | - | - | €4,652 | €30,256 | ▲ 550% |
| Amounts receivable within one year40/41 | €94,757 | €303,707 | €252,993 | €138,528 | €109,788 | ▼ 20.7% |
| Trade receivables40 | - | €286,001 | €244,439 | €131,418 | €96,151 | ▼ 26.8% |
| Other amounts receivable41 | - | €17,705 | €8,553 | €7,110 | €13,637 | ▲ 91.8% |
| Cash at bank and in hand54/58 | €15,316 | €44,804 | €88,718 | €1,813 | €37,337 | ▲ 21× |
| Deferred charges and accrued income490/1 | - | - | - | €23,271 | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €115,668 | €385,625 | €355,965 | €185,004 | €180,557 | ▼ 2.4% |
| Equity10/15 | -€64,915 | -€56,389 | -€206,199 | -€564,491 | -€120,126 | ▲ 78.7% |
| Contributions10/11 | - | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | -€69,915 | -€61,389 | -€211,199 | -€569,491 | -€125,126 | ▲ 78.0% |
| Provisions and deferred taxes16 | - | - | - | - | €77,290 | - |
| Provisions for liabilities and charges160/5 | - | - | - | - | €77,290 | - |
| Environmental obligations163 | - | - | - | - | €77,290 | - |
| Amounts payable17/49 | €180,583 | €442,014 | €562,164 | €749,495 | €223,393 | ▼ 70.2% |
| Amounts payable within one year42/48 | €180,583 | €442,014 | €562,164 | €728,675 | €223,393 | ▼ 69.3% |
| Trade debts44 | €58,707 | €82,025 | €41,417 | €100,106 | €160,765 | ▲ 60.6% |
| Suppliers440/4 | - | €82,025 | €41,417 | €100,106 | €160,765 | ▲ 60.6% |
| Taxes, remuneration and social security45 | - | €19,035 | €16,103 | €29,487 | €40,767 | ▲ 38.3% |
| Taxes450/3 | - | - | - | - | €2,036 | - |
| Remuneration and social security454/9 | - | €19,035 | €16,103 | €29,487 | €38,731 | ▲ 31.3% |
| Other amounts payable47/48 | - | €340,955 | €504,643 | €599,081 | €21,861 | ▼ 96.4% |
| Accrued charges and deferred income492/3 | - | - | - | €20,820 | €0 | ▼ 100% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€69,915 | €8,526 | -€149,810 | -€358,291 | €444,365 | - |
| + Depreciation and write-downs630 | €86 | €483 | €842 | €1,047 | €1,563 | ▲ 49.2% |
| Operating cash flow (approximation) | -€69,829 | €9,008 | -€148,968 | -€357,244 | €445,927 | - |
| Investment in fixed assets (approximation) | - | -€1,650 | -€1,334 | -€3,533 | €0 | - |
| Change in cash | - | €29,488 | €43,914 | -€86,905 | €35,524 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (5)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | abbreviated format | 29-10-2025 | 2025-00561322 | |
| 31-12-2023 | abbreviated format | 25-10-2024 | 2024-00515528 | |
| 31-12-2022 | abbreviated format | 31-08-2023 | 2023-00421197 | |
| 31-12-2021 | abbreviated format | 13-07-2022 | 2022-20179180 | |
| 31-12-2020 | abbreviated format | 31-08-2021 | 2021-63100134 |
Board & ownership
Directors
Board 3
Day-to-day management 1
Permanent representatives 4
Statutory auditor 1
Owners and capital
Shareholders
2 ownersChain of control
Owners 2
- Equity €585,088 Profit of €311,620 in 2025 (loss of €755,523 in 2024) Checked score 83100%
- Cristallo TopCoconsolidating parentEquity €48.0m Loss of €3.4m in 2025 (loss of €3.1m in 2024)consolidates
Capital transactions
- enige aandeelhouder all shares
The directors' other companies
1 other company of this director went bankrupt (2024).
- SANITEL-INSTALLATIEBEDRIJF bankruptcy on 13-05-2024Official Gazetteappointed in 2022, still in office
Source: Belgian Official Gazette (bankruptcies, judicial dissolutions, board mandates), FPS Economy (strike-offs) and the KBO register. A bankruptcy, dissolution or strike-off says nothing about the director's part in it.
Mandate history
- Board
- Day-to-day management
- Statutory auditor
- end not dated
| Name | Functions and periods |
|---|---|
| Cristallo TopCo |
|
| IT ADVANTAGE |
|
| WILLCO |
|
| TAC SUD |
|
| GRANT THORNTON BEDRIJFSREVISOREN - REVISEURS D'ENTREPRISES |
|
| MAHLER CONSULTING |
|
| EHOLD |
|
Network & group
Companies at the same address
2 other companiesConnections & network
19 connected companiesShow 15 more companies with a shared director
Timeline
Acts, filings and financial milestones
08-07
Gazette deed
Resignation: Mahler Consulting BV (bestuurder)Permanent representatives: Geert Fostier, Wim Geens and 3 others · Appointment: Willco BV (director)13 points ▸
- General meeting, 02-06-2025
- Other provision, “enige aandeelhouder bezit totaliteit uitgegeven aandelen, enige aandeelhouder” (deed in Dutch)
- Director resignation, Mahler Consulting BV ((gedelegeerd) bestuurder)
- Permanent representative, Geert Fostier
- Director appointment, Willco BV (director)
- Permanent representative, Wim Geens
- Board composition, TAC SUD BV (director)
- Permanent representative, Eric Van Overloop
- Board composition, IT ADVANTAGE BV (director)
- Permanent representative, Nathan Van Overloop
- Board composition, Cristallo TopCo BV (director)
- Permanent representative, Ruben Monballieu
- The act holds 1 more point.
13-06
Gazette deed
Appointment: Grant Thornton Bedrijfsrevisoren BV (statutory auditor)4 points ▸
- General meeting, 14-05-2024
- Other provision, “bezit van aandelen door enige aandeelhouder, enige aandeelhouder” (deed in Dutch)
- Auditor appointment, Grant Thornton Bedrijfsrevisoren BV (statutory auditor)
- Auditor appointment, Grant Thornton Bedrijfsrevisoren BV (contractuele audit)
04-09
Gazette deed
Appointment: IT Advantage BV (director)Permanent representative: Nathan Van Overloop · Shareholding4 points ▸
- General meeting, 19-07-2023
- Director appointment, IT Advantage BV (director)
- Permanent representative, Nathan Van Overloop
- enige aandeelhouder holds all the shares
31-05
Gazette deed
Appointments: Cristallo TopCo BV, Mahler Consulting BV and TAC SUD BVPermanent representatives: Ruben Monballieu, Geert Fostier and Eric Van Overloop14 points ▸
- General meeting, 20-04-2023
- Other provision, “enig aandeelhouderschap, enige aandeelhouder” (deed in Dutch)
- Director appointment, Cristallo TopCo BV (director)
- Permanent representative, Ruben Monballieu
- Director appointment, Mahler Consulting BV (director)
- Permanent representative, Geert Fostier
- Board composition, Cristallo TopCo BV (director)
- Board composition, Mahler Consulting BV (director)
- Board composition, TAC SUD BV (director)
- Permanent representative, Eric Van Overloop
- Board meeting, 20-04-2023
- Director appointment, Mahler Consulting BV (managing director)
- The act holds 2 more points.
06-03
Gazette deed
Appointment: eHold BV (director)Permanent representative: Piet Van Waes4 points ▸
- General meeting, 16-12-2022
- Director appointment, eHold BV (director)
- Permanent representative, Piet Van Waes
- Other provision, “publicatiekenmerk”, 23031865 (deed in Dutch)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 44810K0143/00X000 | Flanders | 923 m² | 1 · 2,617 m² | 7.5 m · 2 |