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LE Koeltechniek

Active
Private limited companyfounded 20233 yrs activeOude Zoerlebaan 107, 2260 Westerlo, BelgiumKBO/BCE: BE 0803.949.064
Summary

LE Koeltechniek has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €109,010 and a net result of €48,768. Its solvency ranks better than 69% of 413 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).

Overview

What they do
Manufacture of machinery and equipment not elsewhere classified
NACE 28250
1 site
How big
€175,002total assets 2025
Equity
€109,010
Profit
€48,768
Turnover not published (abridged schema)
Financially healthy?
82 Excellent Checked score 2025
Bankruptcy chance 12 m
1.3%
Who decides
Accounts 31 d early1 of 2 deeds read
Why 82- Limited track record+ Annual accounts: healthy financial profileLatest accounts filed on timeShow the evidence

Checked score

Score 2025
Axes · tick = 2024
Profitability100=
Solvency87▼-10
Growth52
Track record94
Bankruptcy probability, 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8,000 at 30 days acceptable
Liquidity ample (current ratio 3.02 against 3.46 in 2024; short-term debt: 27.3% and cash: 73.6% of total assets), and 37.7% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
62.3%
Return on assets
27.9%
Age of the figures
9 mo
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 30-06-2026, 31 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
31 d early
2024
31 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 31 days before the deadline; the sector median for financial year 2024 is 11 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (2)
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 months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. General meeting · Registered-office moveState Gazette act
  2. Annual accounts filedfiscal year 2025 · abbreviated…
  3. Equity above €100,000Eq €109,010 ▲75.1%

Financials

Fiscal year 2025Total assets €175,002Profit €48,768Solvency 62.3%Liquidity 3.02
Total assets
€175,002▲ 102%
2024 - 2025
Net result
€48,768▼ 14.8%
2024 - 2025
Equity
€109,010▲ 75.1%
2024 - 2025
Solvency
62.3%▼ 9.4pp
2024 - 2025

Financials · fiscal year 2025, abbreviated schema

Trend over the years2 fiscal years
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

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 28, Manufacture of machinery and equipment not elsewhere classified, 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).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20242025
Operating result€72,497-€60,738▼ 16.2%
Net result€57,242within the sector's middle half-€48,768within the sector's middle half▼ 14.8%
Equity€62,242below the sector's middle half-€109,010below the sector's middle half▲ 75.1%
Total assets€86,785below the sector's middle half-€175,002below the sector's middle half▲ 102%
Debt€24,543-€65,992▲ 169%
Working capital€60,418below the sector's middle half-€96,499within the sector's middle half▲ 59.7%
Solvency71.7%above the sector's middle half-62.3%within the sector's middle half▼ 9.4pp
Current ratio3.46above the sector's middle half-3.02within the sector's middle half▼ 0.44
Return on assets (ROA)66.0%above the sector's middle half-27.9%above the sector's middle half▼ 38.1pp
above within below the middle half (P25 to P75) of NACE 28, Manufacture of machinery and equipment not elsewhere classified, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result and balance sheet2025
Result per fiscal year
Operating resultNet result
€0€20,000€40,000€60,000€80,000Operating result 2024: €72,497€72,497Net result 2024: €57,242€57,242Operating result 2025: €60,738€60,738Net result 2025: €48,768€48,76820242025€0€20,000€40,000€60,000€80,000Operating result 2024: €72,497€72,500Net result 2024: €57,242€57,200Operating result 2025: €60,738€60,700Net result 2025: €48,768€48,80020242025
The operating result falls in 2025; 2025 is 16% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €175,002
Fixed assets €30,749 ▲ 1,586%
Current assets €144,253 ▲ 69.8%
Equity and liabilities €175,002
Equity €109,010 ▲ 75.1%
Debt €65,992 ▲ 169%
Debt's share of the balance-sheet total rises from 28.3% to 37.7%. Equity and debt are higher.
Key figures and ratios2025
Key figures and ratios
2025 value · change against 2024
EBITDA
€67,169▼
2024 · €72,799
Cash flow
€55,199▼
2024 · €57,544
Debt to equity
0.61▲
2024 · 0.39
ROE
44.7%▼
2024 · 92.0%
Interest coverage
77.62▼
2024 · 131.19
Debt ≤ 1 year
€47,754▲
2024 · €24,543
Debt > 1 year
€18,238
Income taxes
€11,105▼
2024 · €14,707
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.3% 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%.

The companies in ten equal groups, from lowest to highest expected share.
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 39,278 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.

Filed annual accountsfiscal year 2025
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet Code20242025
Assets
Total assets20/58€86,785€175,002▲
Fixed assets21/28€1,824€30,749▲
Tangible fixed assets22/27€1,824€30,749▲
Plant, machinery and equipment23€1,824€1,399▼
Furniture and vehicles24-€29,351
Current assets29/58€84,961€144,253▲
Stocks and contracts in progress3€4,444-
Contracts in progress37€4,444-
Amounts receivable within one year40/41€1,552€10,224▲
Trade receivables40€1,552€6,556▲
Other amounts receivable41-€3,668
Cash at bank and in hand54/58€76,887€128,771▲
Deferred charges and accrued income490/1€2,077€5,257▲
Equity and liabilities
Total equity and liabilities10/49€86,785€175,002▲
Equity10/15€62,242€109,010▲
Contributions10/11€5,000€5,000=
Outside capital11€5,000-
Other1109/19€5,000-
Reserves13€57,242€104,010▲
Distributable reserves133€57,242€104,010▲
Amounts payable17/49€24,543€65,992▲
Amounts payable after more than one year17-€18,238
Financial debts170/4-€18,238
Amounts payable within one year42/48€24,543€47,754▲
Current portion of amounts payable after more than one year42-€5,394
Trade debts44€2,634€12,078▲
Suppliers440/4€2,634€12,078▲
Taxes, remuneration and social security45€14,925€25,917▲
Taxes450/3€14,925€25,917▲
Other amounts payable47/48€6,984€4,365▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€302€6,431▲
Other operating charges640/8€1,110€1,408▲
Gross operating margin9900€73,909€68,577▼
Operating profit (loss)9901€72,497€60,738▼
Financial income75/76B€8-
Recurring financial income75€8-
Financial charges65/66B€555€865▲
Recurring financial charges65€555€865▲
Profit (loss) for the period before taxes9903€71,949€59,873▼
Income taxes67/77€14,707€11,105▼
Profit (loss) for the period9904€57,242€48,768▼
Profit (loss) for the period to be appropriated9905€57,242€48,768▼
Appropriation of the result
Profit (loss) to be appropriated9906€57,242€48,768▼
Transfer to equity691/2€57,242€46,768▼
To other reserves6921€57,242€46,768▼
Profit to be distributed694/7-€2,000
Directors or managers695-€2,000

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€302€6,431▲ 2,029%
Other operating charges640/8€1,110€1,408▲ 26.8%
Gross operating margin9900€73,909€68,577▼ 7.2%
Operating profit (loss)9901€72,497€60,738▼ 16.2%
Financial income75/76B€8--
Recurring financial income75€8--
Financial charges65/66B€555€865▲ 55.9%
Recurring financial charges65€555€865▲ 55.9%
Profit (loss) for the period before taxes9903€71,949€59,873▼ 16.8%
Income taxes67/77€14,707€11,105▼ 24.5%
Profit (loss) for the period9904€57,242€48,768▼ 14.8%
Profit (loss) for the period to be appropriated9905€57,242€48,768▼ 14.8%
Line20242025Change
Assets
Total assets20/58€86,785€175,002▲ 102%
Fixed assets21/28€1,824€30,749▲ 1,586%
Tangible fixed assets22/27€1,824€30,749▲ 1,586%
Plant, machinery and equipment23€1,824€1,399▼ 23.3%
Furniture and vehicles24-€29,351-
Current assets29/58€84,961€144,253▲ 69.8%
Stocks and contracts in progress3€4,444--
Contracts in progress37€4,444--
Amounts receivable within one year40/41€1,552€10,224▲ 559%
Trade receivables40€1,552€6,556▲ 322%
Other amounts receivable41-€3,668-
Cash at bank and in hand54/58€76,887€128,771▲ 67.5%
Deferred charges and accrued income490/1€2,077€5,257▲ 153%
Equity and liabilities
Total equity and liabilities10/49€86,785€175,002▲ 102%
Equity10/15€62,242€109,010▲ 75.1%
Contributions10/11€5,000€5,000=
Outside capital11€5,000--
Other1109/19€5,000--
Reserves13€57,242€104,010▲ 81.7%
Distributable reserves133€57,242€104,010▲ 81.7%
Amounts payable17/49€24,543€65,992▲ 169%
Amounts payable after more than one year17-€18,238-
Financial debts170/4-€18,238-
Amounts payable within one year42/48€24,543€47,754▲ 94.6%
Current portion of amounts payable after more than one year42-€5,394-
Trade debts44€2,634€12,078▲ 358%
Suppliers440/4€2,634€12,078▲ 358%
Taxes, remuneration and social security45€14,925€25,917▲ 73.7%
Taxes450/3€14,925€25,917▲ 73.7%
Other amounts payable47/48€6,984€4,365▼ 37.5%
Line20242025Change
Profit (loss) for the period9904€57,242€48,768▼ 14.8%
+ Depreciation and write-downs630€302€6,431▲ 2,029%
Operating cash flow (approximation)€57,544€55,199▼ 4.1%
Investment in fixed assets (approximation)--€35,356-
Change in cash-€51,884-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Comparable companies5

Timeline

4 eventsLatest 28-09-2026Next filing 31-07-2027

History

LE Koeltechniek was incorporated on 13 July 2023 as a Private limited company.1 The registered office was moved to Westerlo in 2026.2 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 28-09-2026
  3. 3National Bank, annual accounts 2025

Acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
28-09
State Gazette act General meeting · Registered-office move
2 facts ▸
  • General meeting, 01-09-2026
  • Registered-office move, Oude Zoerlebaan 107-2260 Westerlo
30-06
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Equity above €100,000Eq €109,010 ▲75.1%
2 profitable years in a row build equity to €109,010.
30-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 2 acts read
About the unread acts

Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.

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Support & recognitions

1 funding sourceFlanders €2,847
Flemish government
€2,847
awarded · 2024
Subsidies and aid1

Flemish government

2024 · 1 entry · €2,847 awarded · €2,847 paid
Year Entries awardedpaid
2024 1 €2,847€2,847
Schemes
1 entry · €2,847 · €2,847 paid · Fonds voor Innoveren en Ondernemen

Company details

Private limited company · founded 13-07-2023Year ends 31-12Peppol reachable1 site

Register details

Identification
Legal formPrivate limited company
Founded13-07-2023
Fiscal year end31-12
Activities, NACEBEL 2025
28250Manufacture of machinery and equipment not elsewhere classified
33110Repair and maintenance of fabricated metal products
43211General electrical installation work
43221Plumbing work
46130Agents in the wholesale of timber and building materials
47521Retail sale of hardware, building materials, paint and glass (general range)
E-invoicing
Reachable via Peppol
Peppol ID 0208:0803949064
Also 9925:BE0803949064
Registered 07-01-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 1 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Sites & property

Location & real-estate footprint
Registered office, Westerlo · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
1,669 m²
Building footprint
278 m²
Volume, LiDAR
1,697 m³
2 parcels, Flanders · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
LE Koeltechniek
Diesterbaan(NDW) 51, 2200 HerentalsManufacture of electrical equipment
since 2023unit no. 2.347.761.769
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13052A0063/00M000 Flanders 1,115 m² 1 · 151 m² 10.8 m · 3 fl.
13027B0236/00Z002 Flanders 554 m² 1 · 126 m² 7.5 m · 1 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

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