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Generated 23-07-2026
Active BE 0762.912.819Private limited company

Koel

Kouterstraat 91 ·3090 Overijse, Belgium· 5 yrs active
Sector: Retail trade (47242)
Conclusion Checked

The computed 12-month bankruptcy probability of Koel is 1.9% (moderate). The 2024 annual accounts show equity of €25k and a net result of €37k. Equity is growing by ~187.7% per year across the filed fiscal years. Its solvency ranks better than 58% of 6661 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 4 annual accounts.
Key figures
Equity €25k
Net result €37k
Better than sector 58%
Active 5 yrs
Snowflake analysis 5 axes · computed by Checked
Health91Profitability100Solvency66Growth78Stability94
86 / 100

Exceptional profile, strong across almost every axis.

Health 91
Profitability 100
Solvency 66
Growth 78
Stability 94
Bankruptcy probability (12 mo) Checked model v1 · free
1.9% Moderate
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate sector +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
More than 3 years active
Founded in 2021, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2024 · computed
91 / 100 Excellent
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview4 NBB filings
Annual accounts filed on 18-08-2025 with the NBB · fiscal year 2024 · micro
€-150k€-100k€-50k€0€50k€100kOperating result 2021: €-100k€-100kNet result 2021: €-103k€-103kOperating result 2022: €77k€77kNet result 2022: €77k€77kOperating result 2023: €4k€4kNet result 2023: €4k€4kOperating result 2024: €37k€37kNet result 2024: €37k€37k2021202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~187.7%/year over 4 fiscal years, indicative, assuming unchanged policy.
€-100k€0€100k2025: €64k (€60k - €68k)2026: €102k (€96k - €109k)2027: €141k (€132k - €149k)2021: €-93k2022: €-15k2023: €-12k2024: €25k2021202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2024 · NACE 47, Retail trade · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 28.0% 20.3%
better than 58% of 6661 sector peers
Net result €37k €4k
better than 85% of 6642 sector peers
Equity €25k €16k
better than 58% of 6675 sector peers
Gross operating margin €40k €24k
better than 61% of 6621 sector peers
Total assets €91k €94k
better than 49% of 6665 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€40k
+740.6% +18% vs sector
Net profit
€37k
+929.3% +210% vs sector
Cash flow
€40k
+772.7% +63% vs sector
Total assets
€91k
+146.0% +17% vs sector
Equity
€25k
- -31% vs sector
Working capital
€47k
- +80% vs sector
Staff costs
€3k
-90.7% -90% vs sector
Debt
€65k
+34.4% +59% vs sector
Debt ≤ 1y
€38k
-22.2% -8% vs sector
Current ratio
2.24
+275.3% +67% vs sector
Quick ratio
2.24
+275.3% +97% vs sector
Solvency
28.0%
- -41% vs sector
Debt / equity
2.57
- +130% vs sector
ROE
146.2%
- far above sector median
ROA
40.9%
+318.4% far above sector median
Interest coverage
129.57
+485.7% far above sector median
Figures by fiscal year
Fiscal year2024
Revenue-
EBITDA€40k
Net profit€37k
Cash flow€40k
Staff costs-
Income taxes-
Dividends-
Total assets€91k
Equity€25k
Debt€65k
of which ≤ 1y€38k
of which > 1y-
Working capital€47k
Employees (FTE)-
Ratios (computed)
2024
Current ratio2.24
Quick ratio2.24
Working capital ratio51.6%
Solvency28.0%
Debt / equity2.57
Long-term debt ratio-
Interest coverage129.57
Gross margin-
Net margin-
ROA40.9%
ROE146.2%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€91k
Fixed assets 21/28€6k
Tangible fixed assets 22/27€4k
Financial fixed assets 28€2k
Current assets 29/58€85k
Cash & bank 54/58€85k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€91k
Equity 10/15€25k
Contributions / capital 10/11€10k
Accumulated profits (losses) 14€15k
Amounts payable 17/49€65k
Amounts payable within one year 42/48€38k
Trade debts payable within one year 44€64
Income statement
Gross operating margin 9900€40k
Operating result 9901€37k
Financial charges 65€310
Result before taxes 9903€37k
Net result for the period 9904€37k
Result to be appropriated 9905€37k
You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates 2 directors
Former directors (2)
  • Nina Rey
    Director
    State Gazette act 24139919 (27-09-2024)
    Former
    01-07-2024 → 30-09-2025
    2 events
    • 30-09-2025 Resigned· Director
    • 01-07-2024 Appointed· Director
  • Godelieve Vanpée
    Director
    State Gazette act 25136205 (27-10-2025)
    Former
    - → 31-03-2022
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.
Legal Structure
NACE primary Retail trade(47242)
Legal form Private limited company(610)
Incorporation04-02-2021
StatusActive
Postal code3090
Establishment units 1 location
Kouterstraat 91, 3090 Overijse
Detailhandel in niet-gespecialiseerde winkels in diepvriesproducten
since 20212.313.034.482
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

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.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23544D0550/00A002 Flanders 1,081 m² 1 · 157 m² 1.1 m
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 7 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
27-10-2025
State Gazette act Director changes
v3.2
18-08-2025
NBB filing Annual accounts filed
fiscal year 2024 · micro
2024
27-09-2024
State Gazette act Director changes
v3.2
29-07-2024
NBB filing Annual accounts filed
fiscal year 2023 · micro
2023
24-07-2023
NBB filing Annual accounts filed
fiscal year 2022 · micro
2022
23-08-2022
NBB filing Annual accounts filed
fiscal year 2021 · micro
2021
08-02-2021
State Gazette act Incorporation
oprichting
Belgisch Staatsblad, acts 3 acts
All acts · 3 updated 8 months ago
2025
27-10-2025 2 resigning Director changes
  • Nina Rey, Bestuurder
  • Godelieve Vanpée, Bestuurder
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "director_out",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Nina Rey",
        "address": null,
        "birth_date": null
      },
      "effective_date": "2025-09-30",
      "evidence_quote": "Ontslag van de bestuurder met ingang op 30 september 2025 van Mevrouw Nina Rey, geboren 30 juni 2001."
    },
    {
      "kind": "director_out",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Godelieve Vanp\u00E9e",
        "address": null,
        "birth_date": null
      },
      "effective_date": "2022-03-31",
      "evidence_quote": "Ontslag van de bestuurder met ingang op 31 maart 2022 van Mevrouw Godelieve Vanp\u00E9e, geboren Ukkel 06 april 1967."
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0762.912.819",
    "name_full": "KOEL",
    "legal_form": "BV"
  }
}
2024
27-09-2024 Nina Rey appointed as director Director changes
  • Nina Rey, Bestuurder
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "director_in",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Nina Rey",
        "address": null,
        "birth_date": null
      },
      "effective_date": "2024-07-01",
      "evidence_quote": "De benoeming tot bestuurder van mevrouw Nina Rey, wonende te Kouterstraat 91, 3090 Overijse, met ingang van 1 juli 2024."
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0762.912.819",
    "name_full": "KOEL",
    "legal_form": "BV"
  }
}
2021
08-02-2021 Incorporation of a new BV Incorporation
Summary: oprichting
Technical details 
{
  "kind": "oprichting",
  "seat": "3090 Overijse, Kouterstraat 91",
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "founders": [
    {
      "org": null,
      "kind": "natural_person",
      "person": {
        "dob": null,
        "name": "REY Bernard",
        "niss": null,
        "address": "3090 Overijse, Kouterstraat 91"
      },
      "share_class": "Ordinary",
      "partner_role": null,
      "holder_org_kbo": null,
      "holder_org_name": null,
      "contribution_type": "cash",
      "amount_paid_in_eur": 5000,
      "holder_person_name": "REY Bernard",
      "is_subscriber_only": false,
      "n_shares_subscribed": 50,
      "amount_subscribed_eur": 5000,
      "is_anonymous_silent_partner": false
    },
    {
      "org": null,
      "kind": "natural_person",
      "person": {
        "dob": null,
        "name": "VANPEE Godelieve",
        "niss": null,
        "address": "3090 Overijse, Kouterstraat 91"
      },
      "share_class": "Ordinary",
      "partner_role": null,
      "holder_org_kbo": null,
      "holder_org_name": null,
      "contribution_type": "cash",
      "amount_paid_in_eur": 5000,
      "holder_person_name": "VANPEE Godelieve",
      "is_subscriber_only": false,
      "n_shares_subscribed": 50,
      "amount_subscribed_eur": 5000,
      "is_anonymous_silent_partner": false
    }
  ],
  "capital_eur": 10000,
  "subject_company": {
    "kbo": "0762.912.819",
    "name_full": "Koel",
    "legal_form": "BV"
  },
  "initial_directors": [],
  "incorporation_date": "2021-02-03",
  "post_incorporation_mandates": []
}
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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Detailhandel in chocolade en suikerwerk in gespecialiseerde winkels47242Detailhandel in chocolade en suikerwerk47242Computerconsultancy-activiteiten62020Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten62200Scheppende kunsten, m.u.v. ondersteunende diensten90031Literaire creatie90111Schoonheidsverzorging96022Schoonheidsverzorging en andere schoonheidsbehandelingen96220
Primary activity highlighted.
Names & trade names
Legal nameNL Koel
Registered office
Kouterstraat 91
3090 Overijse, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative