L.D. COOLING
ActiveL.D. COOLING has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €46k and a net result of €38k. Equity is shrinking by ~3% per year across the filed fiscal years. Its solvency ranks better than 17% of 385 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
65
/ 100
Healthy▼ -28 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency21▼-78
Growth32▼-20
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity tight (current ratio 1.1 against 2.64 in 2024), and 88.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
11.3%
Return on assets
9.3%
Age of the figures
8 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 385 sector peers (2025).
NBB · sector comparisonPosition among 385 sector peers
Solvency
better than 17%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
1 d early
2024
30 d late
2023
44 d late
2022
1 d late
2021
4 d late
2020
6 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€46k▼ 63.5%
2024 · €126k
2020: €91k
2021: €115k
2022: €86k
2023: €87k
2024: €126k
2020 → 2025
Total assets
€408k▲ 104%
2024 · €200k
2020: €130k
2021: €157k
2022: €230k
2023: €203k
2024: €200k
2020 → 2025
Net result
€38k▼ 3.5%
2024 · €39k
2020: €44k
2021: €24k
2022: €42k
2023: €60k
2024: €39k
2020 → 2025
Working capital
€25k▼ 79.4%
2024 · €120k
2020: €89k
2021: €113k
2022: €79k
2023: €80k
2024: €120k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€115k-€86k▼ 25.3%€87k▲ 1.1%€126k▲ 45.2%€46k▼ 63.5%
Operating result€30k-€52k▲ 75.0%€76k▲ 45.3%€50k▼ 33.4%€45k▼ 10.5%
Net result€24k-€42k▲ 74.7%€60k▲ 43.9%€39k▼ 34.5%€38k▼ 3.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 11% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €408k
Fixed assets
€134k▲ 2,296%
Current assets
€274k▲ 41.4%
Equity and liabilities €408k
Equity
€46k▼ 63.5%
Debt
€362k▲ 390%
The debt ratio rises from 37.0% to 88.7%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€53k▲
2024 · €52k
Cash flow
€45k▲
2024 · €41k
Solvency
11.3%▼
2024 · 63.0%
Current ratio
1.10▼
2024 · 2.64
Quick ratio
1.10▼
2024 · 2.63
Debt / equity
7.89▲
2024 · 0.59
ROE
82.3%▲
2024 · 31.1%
ROA
9.3%▼
2024 · 19.6%
Interest coverage
25.78▼
2024 · 180.25
Debt
€362k▲
2024 · €74k
Debt ≤ 1 year
€250k▲
2024 · €74k
Debt > 1 year
€113k
Income taxes
€6k▼
2024 · €12k
Staff costs
€47k▼
2024 · €50k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€200k€408k▲
Fixed assets21/28€6k€134k▲
Tangible fixed assets22/27€5k€134k▲
Land and buildings22-€118k
Plant, machinery and equipment23€5k€4k▼
Furniture and vehicles24€877€11k▲
Other tangible fixed assets26€0-
Financial fixed assets28€175€175=
Current assets29/58€194k€274k▲
Stocks and contracts in progress3€674€1k▲
Stocks30/36€674€1k▲
Amounts receivable within one year40/41€39k€109k▲
Trade receivables40€27k€88k▲
Other amounts receivable41€12k€21k▲
Cash at bank and in hand54/58€140k€163k▲
Deferred charges and accrued income490/1€15k€1k▼
Equity and liabilities
Total equity and liabilities10/49€200k€408k▲
Equity10/15€126k€46k▼
Contributions10/11€1k€1k=
Reserves13€5k€5k=
Tax-exempt reserves132€5k€5k=
Profit (loss) carried forward14€120k€40k▼
Amounts payable17/49€74k€362k▲
Amounts payable after more than one year17-€113k
Financial debts170/4-€113k
Amounts payable within one year42/48€74k€250k▲
Current portion of amounts payable after more than one year42-€9k
Trade debts44€19k€95k▲
Suppliers440/4€19k€95k▲
Advances received on contracts in progress46€23k-
Taxes, remuneration and social security45€31k€29k▼
Taxes450/3€20k€21k▲
Remuneration and social security454/9€12k€8k▼
Other amounts payable47/48€0€118k▲
Accrued charges and deferred income492/3€300-
Income statement
Code20242025
Remuneration, social security and pensions62€50k€47k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€8k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€554-
Other operating charges640/8€2k€2k▲
Gross operating margin9900€105k€101k▼
Operating profit (loss)9901€50k€45k▼
Financial income75/76B€832€437▼
Recurring financial income75€832€437▼
Financial charges65/66B€288€2k▲
Recurring financial charges65€288€2k▲
Profit (loss) for the period before taxes9903€51k€43k▼
Income taxes67/77€12k€6k▼
Profit (loss) for the period9904€39k€38k▼
Profit (loss) for the period to be appropriated9905€39k€38k▼
Appropriation of the result
Profit (loss) to be appropriated9906€120k€158k▲
Profit (loss) brought forward from the previous period14P€81k€120k▲
Profit to be distributed694/7-€118k
Return on contributions (dividend)694-€118k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
31-12
Financial
Equity above €100kEq €126k ▲45.2%
5 profitable years in a row build equity to €126k.
13-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 44 days late
2023
31-12
Financial
Highest result since 2020net €60k ▲43.9%
Operating result €76k, net result €60k, both a record.
01-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 1 day late
2022
04-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 4 days late
2021
31-12
Financial
Weakest financial yearnet €24k ▼46.5%
Net result drops to €24k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €100kEq €115k ▲26.1%
2 profitable years in a row build equity to €115k.
06-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 6 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Saint-Georges-sur-Meuse · 1 establishment unit since 2017
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue du Centre 624470 Saint-Georges-sur-MeuseGround area
2,080 m²
Building footprint
208 m²
Volume, LiDAR
1,283 m³
Parcel 64065A0924/00K000, Wallonia · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue du Centre 62, 4470 Saint-Georges-sur-Meuse
since 20172.265.237.238
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64065A0924/00K000 | Wallonia | 2,080 m² | 1 · 208 m² | 8.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 462 companies in sector 28250 we hold annual accounts for 284. 157 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-04-2017
Fiscal year end31-12
Activities, NACEBEL
28250Manufacture of machinery and equipment not elsewhere classified
43222Installation of electric heating, air conditioning, cooling and ventilation
43240Other construction installation
43299Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.ldcooling.net
E-mail:secretariat.ldcooling@gmail.com