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MASTERCOOL EUROPE

Active
Public limited companyfounded 2002active for 24 yearsLaagstraat 19, 9140 Temse, BelgiumKBO/BCE: BE 0477.444.193
Summary

MASTERCOOL EUROPE has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €203,877 and a net result of €66,627. Equity is shrinking by about 14% per year across the filed financial years. Its solvency ranks better than 23% of 9,758 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Activity
Wholesale trade
NACE 46842
1 site
Size
€1.2mtotal assets 2025
Staff
4.5 FTE
Equity
€203,877
Profit
€66,627
Turnover not published (abbreviated format)
Financial health
86 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Structure
  • Nima NILIManaging director
  • BARJESTEH MichaelDirector
  • NILI KiaManaging director
2025 accounts 60 days early1 of 12 deeds summarised
Why 86raises riskEquity €203,877 (16.5% of total assets)lowers riskFounded in 2002Figures for financial year 2025 (filed 01-06-2026)Size: 4.5 FTE, total assets €1.2mShow the evidence

Checked score

Score 2025
86 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 42% of its sector peers (NACE 46, micro)
Financial strength · tick = 2024
Weak
Solvency 42+6
equity 16.5% of total assets
Liquidity 14-3
short-term debt 82.7% · cash 7.5%
Profitability 51+46
return on assets 5.4%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,868 companies, NACE 46, micro)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 1.2%▲ +0.9 percentage points vs 06-2025 08-2025: 1.2%● unchanged vs 07-2025 09-2025: 1.2%● unchanged vs 08-2025 10-2025: 1.2%● unchanged vs 09-2025 11-2025: 1.2%● unchanged vs 10-2025 12-2025: 1.2%● unchanged vs 11-2025 01-2026: 1.2%● unchanged vs 12-2025 02-2026: 1.3%▲ +0.1 percentage points vs 01-2026 03-2026: 1.3%● unchanged vs 02-2026 04-2026: 1.3%● unchanged vs 03-2026 05-2026: 1.3%● unchanged vs 04-2026highest value 06-2026: 1.2%▼ -0.1 percentage points vs 05-2026 07-2026: 0.3%▼ -0.9 percentage points vs 06-2026lowest value 08-2026: 0.3%● unchanged vs 07-2026lowest value 09-2026: 0.3%● unchanged vs 08-2026lowest value 10-2026: 0.3%● unchanged vs 09-2026lowest value
Credit of up to €17,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.19, compared with 1.11 in 2024, below the usual 1.5; short-term debt: 82.7% and cash: 7.5% of total assets), and 83.5% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro): better than 28% on solvency, 14% on liquidity, 39% on profitability and 87% on growth.

The bankruptcy probability was computed on 23-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Equity €203,877 (16.5% of total assets)
NBB · annual accounts
lowers risk · Founded in 2002
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Figures for financial year 2025 (filed 01-06-2026)
NBB · annual accounts
lowers risk · Size: 4.5 FTE, total assets €1.2m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 9758 sector peers (2025).
NBB · sector comparison
Position among 9758 sector peers
Solvency
better than 23%
← 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 01-06-2026, 60 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
60 days early
2024
37 days early
2023
49 days early
2022
83 days early
2021
72 days early
2020
51 days early
2019
46 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 57 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 1 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Back to profitnet €66,627
  3. Equity above €200,000equity €203,877 ▲48.5%

Key points

  • Positive: Back in profit in 2025after -€131,680 in 2024 €66,627 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Board3 directors in office 3 View

By topic

Financials

Financial year
2025
Total assets
€1.2m
Profit
€66,627
Solvency
16.5%
Total assets▼ 0.6%
Net result
20182025
Go to Financials

Board & ownership

Board
3 members
  • Nima NILIManaging director
  • BARJESTEH MichaelDirector
  • NILI KiaManaging director
Go to Board & ownership

Timeline

Events
29
Since
2003
Next accounts
by 31-07-2027
  1. 24-06-2025Annual accounts filed
  2. 12-06-2024Annual accounts filed
  3. 19-10-2023Resignations: NILI Kia (director) and BARJESTEH Michael…
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Wholesale tradeNACE 46842
Founded
30-04-2002
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
25
Annual meeting
Second Tuesday of May at 11:00
Purpose
“De aan- en verkoop, de import en export, de groot- en kleinhandel van instrumenten…” (deed in Dutch)
Go to Articles of association

Key facts about MASTERCOOL EUROPE

What is the company number of MASTERCOOL EUROPE?
0477.444.193. In Belgium the VAT number is the company number with BE in front: BE 0477.444.193.
Where is MASTERCOOL EUROPE based?
The registered office is at Laagstraat 19, 9140 Temse.Company details
What does MASTERCOOL EUROPE do?
According to the KBO register, the main activity is wholesale trade (NACE 46842).
What is the legal form of MASTERCOOL EUROPE?
Public limited company (NV).
When was MASTERCOOL EUROPE founded?
On 30-04-2002.
Is MASTERCOOL EUROPE still active?
Yes, MASTERCOOL EUROPE is an active enterprise in the KBO register.
How many employees does MASTERCOOL EUROPE have?
On average 4.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of MASTERCOOL EUROPE?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is MASTERCOOL EUROPE profitable?
In financial year 2025, MASTERCOOL EUROPE made a profit of €66,627.
Where can I find the annual accounts of MASTERCOOL EUROPE?
MASTERCOOL EUROPE filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MASTERCOOL EUROPE due?
By 31-07-2027, for financial year 2026.Timeline

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