Keep It Cool
ActiveSummary
Keep It Cool has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €280k and a net result of €54k. Equity is growing by ~12.8% per year across the filed fiscal years. Its solvency ranks better than 76% of 7838 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability85▲+6
Solvency91▲+10
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23k at 30 days acceptable
Liquidity ample (current ratio 3.62 against 2.52 in 2024; short-term debt: 21.2% and cash: 39.7% of total assets), and 33.6% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
66.4%
Return on assets
12.9%
Age of the figures
18 mo
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 28-11-2025, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
29 d late
2023
on the day
2022
on the day
2021
3 d early
2020
26 d late
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close25-09-2026 today31-10-2026 deadline
History
Financials · fiscal year 2025, abbreviated schema
Equity
€280k▲ 14.1%
2024 · €245k
Total assets
€421k▼ 3.5%
2024 · €436k
Net result
€54k▲ 57.0%
2024 · €35k
Working capital
€234k▲ 4.0%
2024 · €225k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€37k▼ 2.7%€57k▲ 53.7%€116k▲ 104%€51k▼ 56.3%€77k▲ 52.8%
Net result€23k▲ 6.2%€37k▲ 64.0%€80k▲ 117%€35k▼ 56.8%€54k▲ 57.0%
Equity€191k▲ 13.4%€216k▲ 12.8%€275k▲ 27.5%€245k▼ 10.9%€280k▲ 14.1%
Total assets€426k▲ 2.6%€410k▼ 3.7%€467k▲ 14.0%€436k▼ 6.7%€421k▼ 3.5%
Debt€235k▼ 4.8%€194k▼ 17.2%€193k▼ 1.0%€191k▼ 0.7%€141k▼ 26.0%
Working capital€184k▲ 8.8%€209k▲ 13.7%€265k▲ 26.9%€225k▼ 14.9%€234k▲ 4.0%
Staff (FTE)3=2.3▼ 23.3%2▼ 13.0%1.9▼ 5.0%2.6▲ 36.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 53% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €421k
Fixed assets
€97k ▲ 56.0%
Current assets
€324k ▼ 13.4%
Equity and liabilities €421k
Equity
€280k ▲ 14.1%
Debt
€141k ▼ 26.0%
Debt's share of the balance-sheet total falls from 43.8% to 33.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€84k▲
2024 · €59k
Cash flow
€61k▲
2024 · €43k
Current ratio
3.62▲
2024 · 2.52
Quick ratio
3.42▲
2024 · 2.01
Debt to equity
0.51▼
2024 · 0.78
ROE
19.4%▲
2024 · 14.1%
ROA
12.9%▲
2024 · 7.9%
Interest coverage
18.41▲
2024 · 10.91
Debt ≤ 1 year
€89k▼
2024 · €148k
Debt > 1 year
€52k▲
2024 · €43k
Income taxes
€21k▲
2024 · €14k
Staff costs
€101k▼
2024 · €106k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €1k | - |
| Remuneration, social security and pensions62 | - | €109k | €105k | €106k | €101k | ▼ 3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €27k | €17k | €14k | €9k | €7k | ▼ 22.0% |
| Other operating charges640/8 | - | €3k | €3k | €3k | €3k | ▼ 1.7% |
| Gross operating margin9900 | €176k | €186k | €238k | €168k | €188k | ▲ 12.3% |
| Operating profit (loss)9901 | €37k | €57k | €116k | €51k | €77k | ▲ 52.8% |
| Financial income75/76B | - | €2k | €3k | €3k | €2k | ▼ 30.0% |
| Recurring financial income75 | €990 | €2k | €3k | €3k | €2k | ▼ 30.0% |
| Financial charges65/66B | - | €7k | €6k | €5k | €5k | ▼ 16.0% |
| Recurring financial charges65 | €7k | €7k | €6k | €5k | €5k | ▼ 16.0% |
| Profit (loss) for the period before taxes9903 | €31k | €52k | €112k | €48k | €75k | ▲ 54.9% |
| Income taxes67/77 | €8k | €15k | €32k | €14k | €21k | ▲ 49.7% |
| Profit (loss) for the period9904 | €23k | €37k | €80k | €35k | €54k | ▲ 57.0% |
| Profit (loss) for the period to be appropriated9905 | €23k | €37k | €80k | €35k | €54k | ▲ 57.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €426k | €410k | €467k | €436k | €421k | ▼ 3.5% |
| Fixed assets21/28 | €102k | €85k | €71k | €62k | €97k | ▲ 56.0% |
| Tangible fixed assets22/27 | €102k | €85k | €71k | €62k | €97k | ▲ 56.1% |
| Land and buildings22 | - | €81k | €70k | €62k | €59k | ▼ 4.5% |
| Plant, machinery and equipment23 | - | €2k | €876 | €0 | - | - |
| Furniture and vehicles24 | - | €1k | €158 | €0 | €38k | - |
| Financial fixed assets28 | €122 | €122 | €122 | €122 | €122 | = |
| Current assets29/58 | €324k | €325k | €396k | €374k | €324k | ▼ 13.4% |
| Stocks and contracts in progress3 | €48k | €52k | €49k | €75k | €19k | ▼ 75.3% |
| Stocks30/36 | - | €52k | €49k | €46k | €19k | ▼ 60.0% |
| Contracts in progress37 | - | - | - | €29k | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €90k | €41k | €105k | €98k | €129k | ▲ 31.7% |
| Trade receivables40 | - | €27k | €82k | €68k | €105k | ▲ 53.7% |
| Other amounts receivable41 | - | €14k | €22k | €30k | €25k | ▼ 17.8% |
| Cash at bank and in hand54/58 | €179k | €222k | €233k | €188k | €167k | ▼ 11.3% |
| Deferred charges and accrued income490/1 | - | €10k | €10k | €12k | €9k | ▼ 28.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €426k | €410k | €467k | €436k | €421k | ▼ 3.5% |
| Equity10/15 | €191k | €216k | €275k | €245k | €280k | ▲ 14.1% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €147k | €172k | €231k | €201k | €236k | ▲ 17.2% |
| Non-distributable reserves130/1 | - | €0 | - | - | - | - |
| Reserves not available under the articles1311 | - | €0 | - | - | - | - |
| Distributable reserves133 | - | €172k | €231k | €201k | €236k | ▲ 17.2% |
| Profit (loss) carried forward14 | €25k | €25k | €25k | €25k | €25k | = |
| Amounts payable17/49 | €235k | €194k | €193k | €191k | €141k | ▼ 26.0% |
| Amounts payable after more than one year17 | €95k | €78k | €61k | €43k | €52k | ▲ 22.2% |
| Financial debts170/4 | - | €78k | €61k | €43k | €52k | ▲ 22.2% |
| Amounts payable within one year42/48 | €140k | €116k | €132k | €148k | €89k | ▼ 39.8% |
| Current portion of amounts payable after more than one year42 | - | €31k | €47k | €18k | €27k | ▲ 46.6% |
| Trade debts44 | €82k | €58k | €49k | €46k | €35k | ▼ 22.9% |
| Suppliers440/4 | - | €58k | €49k | €46k | €35k | ▼ 22.9% |
| Advances received on contracts in progress46 | - | €0 | - | - | - | - |
| Taxes, remuneration and social security45 | - | €14k | €7k | €20k | €8k | ▼ 61.6% |
| Taxes450/3 | - | €2k | €106 | €18k | €2k | ▼ 90.3% |
| Remuneration and social security454/9 | - | €12k | €7k | €2k | €6k | ▲ 145% |
| Other amounts payable47/48 | - | €12k | €29k | €64k | €20k | ▼ 69.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €23k | €37k | €80k | €35k | €54k | ▲ 57.0% |
| + Depreciation and write-downs630 | €27k | €17k | €14k | €9k | €7k | ▼ 22.0% |
| Operating cash flow (approximation) | €49k | €54k | €94k | €43k | €61k | ▲ 41.2% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €-42k | - |
| Change in cash | - | €43k | €10k | €-45k | €-21k | ▲ 52.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
28-11
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2024
29-11
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Highest result since 2019net €80k ▲117%
Operating result €116k, net result €80k, both a record.
2022
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
31-03
Financial
Equity above €200kEq €216k ▲12.8%
4 profitable years in a row build equity to €216k.
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
26-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 26 days late
31-03
Financial
Weakest financial yearnet €21k ▼68.6%
Net result drops to €21k, the lowest in the series; recovery starts the following year.
31-03
Financial
Equity above €150kEq €169k ▲13.2%
2 profitable years in a row build equity to €169k.
2019
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
30-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
04-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 4 days late
Financial milestoneNBB 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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Ninove · 1 establishment unit since 1997
Ground area
700 m²
Building footprint
205 m²
Volume, LiDAR
1,089 m³
Parcel 41057A0967/00Z002, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
KEEP IT COOL
since 19972.083.721.435
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41057A0967/00Z002 | Flanders | 700 m² | 1 · 205 m² | 8.9 m · 2 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.
Public money · subsidies and aid
Flemish government
2023 to 2024 · 2 entries · 590 EUR awarded · 590 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 108 EUR | 108 EUR |
| 2023 | 1 | 482 EUR | 482 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
AQUASANIPLUS
BE 0825.926.591
Herk-de-Stad · Eq €279,666
CORNILLE J.P.
BE 0809.008.209
Sint-Genesius-Rode · Eq €279,670
Entreprises Verbrugge Guy et Fils
BE 0420.740.765
Liège · Eq €279,697
Chauffage Leruse-Hollange
BE 0416.417.337
Aywaille · Eq €279,338
ETS J. & X. DECNEUT
BE 0473.910.425
Leuze-en-Hainaut · Eq €279,286
Of 9,534 companies in sector 43222 we hold annual accounts for 5,664. 4,608 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
Founded17-07-1997
Fiscal year end31-03
Activities, NACEBEL 2025
43222Installation of electric heating, air conditioning, cooling and ventilation
43211General electrical installation work
Contact
Website
www.keepitcoolbv.be
E-mail
www.keepitcoolbv@outlook.be
Scores and ratios are computed by Checked and are not a credit decision.