Checked.be
Active
BE 0480.230.568Public limited company
HEATCOOL
Chaussée de Bruxelles 94 b ·1410 Waterloo, Belgium· 23 yrs active
Conclusion
The KBO register records legal situation 050 for HEATCOOL (Register: open bankruptcy); this is today's state according to the register itself, which carries no start date. The 2020 annual accounts show equity of €1.45M and a net result of €494k.
Based on the State Gazette, CBE and 2 annual accounts.
Key figures
| Equity | €1.45M |
| Net result | €494k |
| Active | 23 yrs |
| Locations | 3 |
Financial profile
60
/ 100
Strong profile, led by profitability.
All 5 axes are computed from data Checked has read.
Health
24
Profitability
100
Solvency
100
Growth
78
Stability
0
Bankruptcy probability (12 mo)
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Risk Assessment
10 / 100
High riskRegister: open bankruptcyThis score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.
Components
· 1 judicial reorganisation (+10)
Trust signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Earlier reorganisation (closed)
Involved in a judicial reorganisation procedure in the past. No current open procedure.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer
24
/ 100
Critical
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2020 and the legal situation the KBO register itself records. Indicative, not credit advice.
Financial overview
Annual accounts filed on 19-03-2021 with the NBB · fiscal year 2020 · volledig
€52k
-18.1%
19-20
€494k
+7.6%
19-20
€495k
+7.6%
19-20
€1.63M
-3.2%
19-20
€1.45M
+2.5%
19-20
€1.45M
+9.9%
19-20
€16k
+65.0%
19-20
€186k
-22.0%
19-20
Show 8 other metrics
€66k
-72.2%
19-20
€119k
-
19-20
22.97
+250.5%
19-20
22.97
+250.5%
19-20
88.6%
+5.9%
19-20
0.08
-
19-20
34.1%
+5.0%
19-20
30.2%
+11.2%
19-20
Figures by fiscal year
| Fiscal year | 2020 |
|---|---|
| Deposit | volledig |
| Revenue | - |
| EBITDA | €52k |
| Net profit | €494k |
| Cash flow | €495k |
| Staff costs | - |
| Income taxes | €16k |
| Dividends | - |
| Total assets | €1.63M |
| Equity | €1.45M |
| Debt | €186k |
| of which ≤ 1y | €66k |
| of which > 1y | €119k |
| Working capital | €1.45M |
| Employees (FTE) | - |
Ratios (computed)
| 2020 | |
|---|---|
| Current ratio | 22.97 |
| Quick ratio | 22.97 |
| Working capital ratio | 88.8% |
| Solvency | 88.6% |
| Debt / equity | 0.08 |
| Long-term debt ratio | 0.08 |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | 30.2% |
| ROE | 34.1% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2020
Full annual accounts (23 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2020 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.63M |
| Fixed assets | 21/28 | €116k |
| Tangible fixed assets | 22/27 | €2k |
| Financial fixed assets | 28 | €114k |
| Current assets | 29/58 | €1.52M |
| Amounts receivable within one year | 40/41 | €351k |
| Cash & bank | 54/58 | €7 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.63M |
| Equity | 10/15 | €1.45M |
| Contributions / capital | 10/11 | €904k |
| Reserves | 13 | €51k |
| Accumulated profits (losses) | 14 | €494k |
| Amounts payable | 17/49 | €186k |
| Amounts payable after one year | 17 | €119k |
| Amounts payable within one year | 42/48 | €66k |
| Trade debts payable within one year | 44 | €11k |
| Income statement | ||
| Gross operating margin | 9900 | €52k |
| Operating result | 9901 | €51k |
| Financial charges | 65 | €49 |
| Result before taxes | 9903 | €51k |
| Income taxes | 67/77 | €16k |
| Net result for the period | 9904 | €35k |
| Result to be appropriated | 9905 | €35k |
This table shows the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan.
See plans →
Ratios computed by Checked.
Legal Structure
| NACE primary | - |
| Legal form | Public limited company(014) |
| Incorporation | 15-05-2003 |
| Status | Active |
| Postal code | 1410 |
| First BS signal | 03-04-2019 |
| Latest BS signal | 03-04-2019 |
Establishment units
HEATCOOL SA NV
since 20032.133.411.466
HEATCOOL SA NV
since 20182.272.792.944
HEATCOOL S A N V
since 20202.308.667.801
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Wallonia
2
(66.7%)
Brussels
1
(33.3%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92253D0287/00F000 | Wallonia | 7.8 ha | 1 · 1.4 ha | - |
| 25762H0345/00G000 | Wallonia | 5,955 m² | 1 · 2,768 m² | 14.3 m · 2 fl. |
| 21822R0226/00W011 | Brussels | 3,529 m² | 1 · 1,878 m² | 38.1 m · 7 fl. |
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
2021
19-03-2021
NBB filing
Annual accounts filed
2019
16-12-2019
NBB filing
Annual accounts filed
03-04-2019
Judicial reorganisation
Plan homologation
2018
13-12-2018
NBB filing
Annual accounts filed
2017
22-12-2017
NBB filing
Annual accounts filed
16-06-2017
NBB filing
Annual accounts filed
2016
24-02-2016
NBB filing
Annual accounts filed
2015
06-01-2015
NBB filing
Annual accounts filed
2014
17-01-2014
NBB filing
Annual accounts filed
2013
23-01-2013
NBB filing
Annual accounts filed
2012
15-02-2012
NBB filing
Annual accounts filed
Lifecycle & Insolvency Signals
03-04-2019
Judicial reorganisation
Plan homologation
Time machine, BS events + macro context
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgian State Gazette reading coverage
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Names & trade names
| Legal nameFR | HEATCOOL |
| Trade nameFR | ASIA INVESTMENTS |
Registered office
Chaussée de Bruxelles 94 b
1410 Waterloo, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.