KOOLE
ActiveSummary
KOOLE has been active since 1972 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.8m and a net result of €618,362. Equity is growing by ~15.2% per year across the filed fiscal years. Its solvency ranks better than 93% of 2083 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
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Signals
This company filed its last 7 accounts on average 66 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
History
KOOLE was incorporated on 24 May 1972.1 The registered office moved to Ranst in 2005, to Antwerpen in 2011 and to Merksem in 2018.234 The board currently has 3 members; Paul Koole has served longest, since 2011.5 Revenue fell from EUR 8.2 million in 2018 to EUR 5.5 million in 2025 and headcount from 19 to 20.1 full-time equivalents.6
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Financials · fiscal year 2025, full schema
Source amounts without an identifiable currency are assumed to be EUR.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Peer companies
Historical observationOf the 20,134 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 20,134 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €6.8m | €7.1m | €9.0m | €11.2m | €5.8m | ▼ 48.5% |
| Turnover70 | €6.6m | €6.8m | €8.7m | €11.0m | €5.5m | ▼ 50.2% |
| Change in stocks of work in progress, finished goods and contracts in progress71 | -€9,588 | -€153,853 | €99,216 | -€86,811 | -€5,358 | ▲ 93.8% |
| Other operating income74 | €172,141 | €326,074 | €234,250 | €185,729 | €167,808 | ▼ 9.6% |
| Non-recurring operating income76A | €7,163 | €101,000 | €4,700 | €54,648 | €112,860 | ▲ 107% |
| Operating charges60/66A | €6.1m | €5.8m | €7.6m | €8.6m | €4.9m | ▼ 42.4% |
| Goods for resale, raw materials and consumables60 | €2.2m | €1.1m | €2.0m | €2.5m | €817,232 | ▼ 67.1% |
| Purchases600/8 | €2.3m | €1.1m | €2.0m | €2.5m | €817,232 | ▼ 67.1% |
| Change in stocks: decrease (increase)609 | -€45,000 | €45,000 | €0 | - | - | - |
| Services and other goods61 | €2.5m | €3.0m | €3.7m | €4.2m | €2.3m | ▼ 45.5% |
| Remuneration, social security and pensions62 | €1.3m | €1.5m | €1.6m | €1.6m | €1.5m | ▼ 6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €127,709 | €119,759 | €218,984 | €218,250 | €283,519 | ▲ 29.9% |
| Other operating charges640/8 | €12,469 | €40,248 | €36,686 | €11,371 | €20,775 | ▲ 82.7% |
| Non-recurring operating charges66A | - | €10,826 | €0 | - | - | - |
| Operating profit (loss)9901 | €629,921 | €1.3m | €1.4m | €2.6m | €833,566 | ▼ 68.3% |
| Financial income75/76B | €10,682 | €15,705 | €17,225 | €83,090 | €74,014 | ▼ 10.9% |
| Recurring financial income75 | €10,682 | €15,705 | €17,225 | €83,090 | €74,014 | ▼ 10.9% |
| Income from current assets751 | €10,670 | €15,646 | €17,169 | €83,084 | €73,830 | ▼ 11.1% |
| Other financial income752/9 | €12 | €59 | €56 | €5 | €184 | ▲ 3,524% |
| Financial charges65/66B | €29,154 | €48,532 | €106,107 | €142,679 | €67,603 | ▼ 52.6% |
| Recurring financial charges65 | €29,154 | €48,532 | €106,107 | €142,679 | €67,603 | ▼ 52.6% |
| Debt charges650 | €25,867 | €42,710 | €89,352 | €124,067 | €65,513 | ▼ 47.2% |
| Other financial charges652/9 | €3,288 | €5,822 | €16,755 | €18,612 | €2,091 | ▼ 88.8% |
| Profit (loss) for the period before taxes9903 | €611,448 | €1.3m | €1.3m | €2.6m | €839,977 | ▼ 67.4% |
| Income taxes67/77 | €160,296 | €331,472 | €349,498 | €653,020 | €221,615 | ▼ 66.1% |
| Taxes670/3 | €160,453 | €331,472 | €349,498 | €653,020 | €221,615 | ▼ 66.1% |
| Tax adjustments and reversals of tax provisions77 | €157 | €0 | - | - | - | - |
| Profit (loss) for the period9904 | €451,152 | €959,723 | €1.0m | €1.9m | €618,362 | ▼ 67.8% |
| Profit (loss) for the period to be appropriated9905 | €451,152 | €959,723 | €1.0m | €1.9m | €618,362 | ▼ 67.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4.4m | €4.8m | €5.1m | €6.9m | €5.5m | ▼ 19.6% |
| Fixed assets21/28 | €1.7m | €2.0m | €1.6m | €1.7m | €1.5m | ▼ 9.9% |
| Tangible fixed assets22/27 | €1.2m | €1.5m | €1.6m | €1.7m | €1.5m | ▼ 9.9% |
| Land and buildings22 | €966,140 | €917,411 | €868,682 | €819,954 | €771,225 | ▼ 5.9% |
| Plant, machinery and equipment23 | €16,179 | €18,503 | €144,890 | €311,500 | €303,951 | ▼ 2.4% |
| Furniture and vehicles24 | €192,734 | €583,480 | €550,532 | €522,096 | €414,716 | ▼ 20.6% |
| Financial fixed assets28 | €477,460 | €525,960 | €960 | €960 | €1,008 | ▲ 5.0% |
| Affiliated companies280/1 | €475,000 | €525,000 | €0 | - | - | - |
| Amounts receivable281 | €475,000 | €525,000 | €0 | - | - | - |
| Other financial fixed assets284/8 | €2,460 | €960 | €960 | €960 | €1,008 | ▲ 5.0% |
| Amounts receivable and cash guarantees285/8 | €2,460 | €960 | €960 | €960 | €1,008 | ▲ 5.0% |
| Current assets29/58 | €2.8m | €2.7m | €3.5m | €5.2m | €4.1m | ▼ 22.7% |
| Stocks and contracts in progress3 | €203,393 | €4,540 | €103,756 | €16,945 | €11,587 | ▼ 31.6% |
| Stocks30/36 | €45,000 | €0 | - | - | - | - |
| Goods purchased for resale34 | €45,000 | €0 | - | - | - | - |
| Contracts in progress37 | €158,393 | €4,540 | €103,756 | €16,945 | €11,587 | ▼ 31.6% |
| Amounts receivable within one year40/41 | €1.6m | €1.5m | €978,587 | €5.1m | €3.9m | ▼ 24.7% |
| Trade receivables40 | €1.1m | €1.2m | €899,710 | €1.6m | €964,688 | ▼ 40.5% |
| Other amounts receivable41 | €546,203 | €377,391 | €78,876 | €3.5m | €2.9m | ▼ 17.3% |
| Cash at bank and in hand54/58 | €933,287 | €1.2m | €2.4m | €0 | - | - |
| Deferred charges and accrued income490/1 | €4,318 | €18,482 | €32,328 | €108,284 | €187,878 | ▲ 73.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4.4m | €4.8m | €5.1m | €6.9m | €5.5m | ▼ 19.6% |
| Equity10/15 | €2.2m | €2.6m | €2.3m | €4.2m | €4.8m | ▲ 14.7% |
| Contributions10/11 | €1.1m | €1.1m | €1.1m | €1.1m | €1.1m | = |
| Capital10 | €1.1m | €1.1m | €1.1m | €1.1m | €1.1m | = |
| Issued capital100 | €1.1m | €1.1m | €1.1m | €1.1m | €1.1m | = |
| Reserves13 | €642,037 | €605,255 | €1.2m | €3.1m | €3.7m | ▲ 20.0% |
| Non-distributable reserves130/1 | €70,184 | €118,170 | €118,170 | €118,170 | €118,170 | = |
| Legal reserve130 | €70,184 | €118,170 | €118,170 | €118,170 | €118,170 | = |
| Tax-exempt reserves132 | €45,686 | €45,686 | €45,686 | €45,686 | €45,686 | = |
| Distributable reserves133 | €526,167 | €441,398 | €1.0m | €2.9m | €3.5m | ▲ 21.2% |
| Profit (loss) carried forward14 | €415,232 | €911,736 | €0 | - | - | - |
| Amounts payable17/49 | €2.2m | €2.1m | €2.8m | €2.7m | €712,830 | ▼ 73.4% |
| Amounts payable after more than one year17 | €1.0m | €848,043 | €680,058 | €508,653 | €0 | ▼ 100% |
| Financial debts170/4 | €1.0m | €848,043 | €680,058 | €508,653 | €0 | ▼ 100% |
| Credit institutions173 | €1.0m | €848,043 | €680,058 | €508,653 | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €881,467 | €1.0m | €1.8m | €1.3m | €645,401 | ▼ 49.6% |
| Current portion of amounts payable after more than one year42 | €161,194 | €164,428 | €167,884 | €171,406 | €0 | ▼ 100% |
| Trade debts44 | €541,197 | €578,164 | €612,116 | €725,227 | €465,016 | ▼ 35.9% |
| Suppliers440/4 | €541,197 | €578,164 | €612,116 | €725,227 | €465,016 | ▼ 35.9% |
| Advances received on contracts in progress46 | €44,681 | €103,493 | €834,807 | €265,153 | €73,631 | ▼ 72.2% |
| Taxes, remuneration and social security45 | €134,395 | €165,521 | €196,849 | €119,617 | €106,754 | ▼ 10.8% |
| Taxes450/3 | €26,428 | €44,601 | €60,057 | €7,191 | €7 | ▼ 99.9% |
| Remuneration and social security454/9 | €107,968 | €120,920 | €136,792 | €112,426 | €106,747 | ▼ 5.1% |
| Accrued charges and deferred income492/3 | €335,222 | €280,402 | €270,596 | €893,085 | €67,429 | ▼ 92.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €451,152 | €959,723 | €1.0m | €1.9m | €618,362 | ▼ 67.8% |
| + Depreciation and write-downs630 | €127,709 | €119,759 | €218,984 | €218,250 | €283,519 | ▲ 29.9% |
| Operating cash flow (approximation) | €578,862 | €1.1m | €1.2m | €2.1m | €901,881 | ▼ 57.8% |
| Investment in fixed assets (approximation) | - | -€512,600 | €261,306 | -€307,695 | -€119,909 | ▲ 61.0% |
| Change in cash | - | €234,763 | €1.2m | -€2.4m | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
09-03
State Gazette act
Resignation: KOOLE Paulus (managing director)Appointment: LEEMANS Katrien (day-to-day manager) · Statutes amendment · Mandate compensation6 facts ▸
- General meeting, 04-03-2026
- Statutes amendment
- Board meeting, 19-02-2026
- Director resignation, KOOLE Paulus (managing director)
- Director appointment, LEEMANS Katrien (day-to-day manager)
- Mandate compensation, LEEMANS Katrien
03-12
State Gazette act
Appointment: Van Havermaet Bedrijfsrevisoren BV (statutory auditor)Permanent representative: Jansen Amerik3 facts ▸
- General meeting, 18-04-2025
- Auditor appointment, Van Havermaet Bedrijfsrevisoren BV (statutory auditor)
- Permanent representative, Jansen Amerik
23-02
State Gazette act
Statutes amendmentCapital4 facts ▸
- General meeting, 11-01-2024
- Statutes amendment
- Statutes amendment
- Capital, €1.124.321,96
24-08
State Gazette act
Reappointments: Paul Koole, Yvette de Wachter and Wouters, Van Merode & C° Bedrijfsrevisoren BV6 facts ▸
- General meeting, 02-06-2022
- Director reappointment, Paul Koole (director)
- Director reappointment, Yvette de Wachter (director)
- Auditor reappointment, Wouters, Van Merode & C° Bedrijfsrevisoren BV
- Board meeting, 02-06-2022
- Director reappointment, Paul Koole (managing director)
Show earlier events
07-04
State Gazette act
Resignation: Ernst & Young Bedrijfsrevisoren CVBA (statutory auditor)Appointment: Wouters, Van Merode & C° Bedrijfsrevisoren BV (statutory auditor)3 facts ▸
- General meeting, 12-02-2020
- Director resignation, Ernst & Young Bedrijfsrevisoren CVBA (statutory auditor)
- Auditor appointment, Wouters, Van Merode & C° Bedrijfsrevisoren BV (statutory auditor)
20-07
State Gazette act
Reappointment: Ernst & Young Bedrijfsrevisoren B CVBA (statutory auditor)Permanent representative: Christoph Oris3 facts ▸
- General meeting, 07/06/2018
- Auditor reappointment, Ernst & Young Bedrijfsrevisoren B CVBA
- Permanent representative, Christoph Oris
09-02
State Gazette act
Registered officeRegistered-office move2 facts ▸
- Board meeting, 10-01-2018
- Registered-office move, Vaartkaai 51, 2170 Merksem, België
27-02
State Gazette act
Permanent representative: Christoph OrisPermanent representative resignation3 facts ▸
- Board meeting, 27-12-2016
- Permanent representative, Christoph Oris
- Permanent representative resignation, Ömer Turna
10-10
State Gazette act
Reappointments: Paul Bernardus Jacobus Koole (director) and Yvette Johanna de Wachter (director)5 facts ▸
- General meeting, 02-06-2016
- Director reappointment, Paul Bernardus Jacobus Koole (director)
- Director reappointment, Yvette Johanna de Wachter (director)
- Board meeting, 02-06-2016
- Director reappointment, Paul Bernardus Jacobus Koole (managing director)
17-09
State Gazette act
Reappointment: Ernst & Young Bedrijfsrevisoren CVBA (statutory auditor)Permanent representative: Turna Ömer3 facts ▸
- General meeting, 04-06-2015
- Auditor reappointment, Ernst & Young Bedrijfsrevisoren CVBA
- Permanent representative, Turna Ömer
06-03
State Gazette act
Resignation: BDO Bedrijfsrevisoren BCVBA (director)Appointment: Ernst & Young Bedrijfsrevisoren BCVBA (statutory auditor) · Mandate compensation4 facts ▸
- General meeting, 31-08-2012
- Director resignation, BDO Bedrijfsrevisoren BCVBA
- Auditor appointment, Ernst & Young Bedrijfsrevisoren BCVBA (statutory auditor)
- Mandate compensation, Ernst & Young Bedrijfsrevisoren BCVBA
05-01
State Gazette act
Appointment: Paul Koole (managing director)Reappointment: BDO Atrio Bedrijfsrevisoren BV ovv CVBA (statutory auditor)4 facts ▸
- Board meeting, 31-08-2011
- Director appointment, Paul Koole (managing director)
- General meeting, 03-06-2011
- Auditor reappointment, BDO Atrio Bedrijfsrevisoren BV ovv CVBA
26-04
State Gazette act
Reappointments: KOOLE Paul Bernardus Jacobus (director) and DE WACHTER Yvette Johanna (director)3 facts ▸
- General meeting, 30-06-2010
- Director reappointment, KOOLE Paul Bernardus Jacobus (director)
- Director reappointment, DE WACHTER Yvette Johanna (director)
21-01
State Gazette act
Registered officeRegistered-office move2 facts ▸
- Board meeting, 22-11-2010
- Registered-office move, Elzasweg 13 B, 2030 Antwerpen
23-11
State Gazette act
Reappointments: KOOLE Paul Bernardus Jacobus (director) and DE WACHTER Yvette Johanna (director)3 facts ▸
- Board meeting, 29-04-2010
- Director reappointment, KOOLE Paul Bernardus Jacobus (director)
- Director reappointment, DE WACHTER Yvette Johanna (director)
25-04
State Gazette act
Registered officeRegistered-office move2 facts ▸
- Board meeting, 11-02-2005
- Registered-office move, Vaartstraat 128 E2, 2520 Ranst
14-03
State Gazette act
Resignations: Franciscus Stanislas Van Der Schraelen, Frans Albert Van Der Schraelen and Herman HofmansAppointments: Paul Bernardus Jacobus KOOLE (director) and Yvette Johanna de WACHTER (director)6 facts ▸
- General meeting, 25-11-2004
- Director resignation, Franciscus Stanislas Van Der Schraelen (director)
- Director resignation, Frans Albert Van Der Schraelen (director)
- Director resignation, Herman Hofmans (director)
- Director appointment, Paul Bernardus Jacobus KOOLE (director)
- Director appointment, Yvette Johanna de WACHTER (director)
19-09
State Gazette act
Appointments: Van Der Schraelen Stanislas, Van Der Schraelen Frans and Pieck GeorgiusDirector resignation5 facts ▸
- General meeting, 02-06-2000
- Director resignation
- Director appointment, Van Der Schraelen Stanislas (afgevaardigd bestuurder)
- Director appointment, Van Der Schraelen Frans (afgevaardigd bestuurder)
- Director appointment, Pieck Georgius (director)
Directors · office · real estate
Board 2
3 not recently confirmed
Day-to-day management 2
3 not recently confirmed
Statutory auditor 1
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11422C0613/00C002 | Flanders | 1.5 ha | 1 · 3,610 m² | 49.1 m · 2 fl. |
Linked by address, not proof of ownership
Mandate history
- Board
- Day-to-day management
- Statutory auditor
- not recently confirmed
- began earlier
| Name | Functions and periods |
|---|---|
| Paul Koole |
|
| Yvette de Wachter |
|
| LEEMANS Katrien |
|
| BV VAN HAVERMAET BEDRIJFSREVISOREN |
|
| Pieck Georgius |
|
| Paul Bernardus Jacobus Koole |
|
| Yvette Johanna de Wachter |
|
| Van Der Schraelen Frans |
|
| Van Der Schraelen Stanislas |
|
| KOOLE Paulus |
|
| Wouters, Van Merode & C° Bedrijfsrevisoren BV |
|
| Ernst et Young Reviseurs d'Entreprises |
|
| BDO Atrio Bedrijfsrevisoren BV ovv CVBA |
|
| BDO Bedrijfsrevisoren BCVBA |
|
| Franciscus Stanislas Van Der Schraelen |
|
| Frans Albert Van Der Schraelen |
|
| Herman Hofmans |
|
Articles of association
Full purpose
Slopen van gebouwen en kunstwerken, inkoop en verkoop, invoer en uitvoer van alle recuperatie-, bouw- en afbraakmaterialen, grondwerken en funderingsgrondwerken, machineverhuring en hangaarbouw, slopen en verwijderen van alle soorten asbest en asbesthoudende producten, slopen van gebouwen met explosieven en springstoffen.
Structure & network
Owners and holdings
1 ownerChain of control
- GROUP V.D.S.
- KOOLE
Highest known parent: GROUP V.D.S.. The sources do not say who stands above it.
Owners 1
-
100%
Holdings 0
The accounts to 31-12-2025 list no holdings, and no other source names one.
According to the 2025 annual accounts of KOOLE and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
3 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
Capital and shareholders
- 23-02-2024 Capital stated in the act · 1,124,321.96 EUR · 45,355 shares
Subsidies and aid
Flemish government
2023 · 1 entry · 1,363 EUR awarded · 1,363 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 1,363 EUR | 1,363 EUR |
Similar companies · same sector, comparable size
Company details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.