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TIM COOLS

Active
Private limited companyfounded 2007active for 19 yearsTer Voort 161, 2260 Westerlo, BelgiumKBO/BCE: BE 0890.567.193
Summary

TIM COOLS has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €312,563 and a net result of €89,425. Equity is growing by about 14% per year across the filed financial years. Its solvency ranks better than 81% of 15,743 sector peers (NACE 69, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Certified accountants and tax accountants
NACE 69201
1 site
Size
≈ €270,000turnover 2025, estimated
Equity
€312,563
Profit
€89,425
Turnover estimated from the gross margin
Financial health
97 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
2025 accounts 40 days early1 of 2 deeds summarised
Why 97lowers riskLiquidity: current ratio 4.99, cash €209,355Sector: Legal and accounting activities (NACE 69)Equity €312,563 (83.0% of total assets)Size: total assets €376,714Show the evidence

Checked score

Score 2025
97 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 77% of its sector peers (NACE 69, micro)
Financial strength · tick = 2024
Strong
Solvency 100=
equity 83.0% of total assets
Liquidity 97-2
short-term debt 14.7% · cash 55.6%
Profitability 98-1
return on assets 23.7%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median < 0.1% (20,073 companies, NACE 69, micro)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026highest value 10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €30,000 on 30-day terms is acceptable
Liquidity ample (current ratio 4.99, compared with 5.08 in 2024, above the usual 1.5; short-term debt: 14.7% and cash: 55.6% of total assets), and 17% 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 69, micro): better than 87% on solvency, 92% on liquidity, 62% on profitability and 67% on growth.

The bankruptcy probability was computed on 30-10-2026 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).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 4.99, cash €209,355
NBB · annual accounts
lowers risk · Sector: Legal and accounting activities (NACE 69)
KBO
lowers risk · Equity €312,563 (83.0% of total assets)
NBB · annual accounts
lowers risk · Size: total assets €376,714
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
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 21-06-2026, 40 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
40 days early
2024
35 days early
2023
33 days early
2022
34 days early
2021
31 days early
2020
31 days early
2019
31 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 34 days before the deadline; the sector median (NACE 69) for financial year 2024 is 9 days before the deadline, and 32% 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 27 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
31-10-2026 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 · micro…
  2. Highest result from 2018 to 2025net €89,425 ▲20.2%
  3. Annual accounts filedfinancial year 2024 · micro…

Financials · financial year 2025, micro format

Turnover
€162,266
EBIT margin
34.7%
Net result
€89,425▲ 20.2%
2024 · €74,399
Working capital
€221,031▲ 42.0%
2024 · €155,650
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

After the dip in 2023 the operating result has climbed two years in a row; 2025 is 21% above 2024 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€128,016 2025 Net result€89,425 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 69, Legal and accounting activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. 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 financial year before
favourable unfavourable
Line20182019202020212022202320242025
Turnover€162,266
Operating result€12,444-€28,059▲ 125%€33,914▲ 20.9%€56,246▲ 65.8%€77,695▲ 38.1%€70,250▼ 9.6%€105,403▲ 50.0%€128,016▲ 21.5%
Net result€7,970-€18,405▲ 131%€20,616within the sector's middle half▲ 12.0%€38,707within the sector's middle half▲ 87.7%€55,618within the sector's middle half▲ 43.7%€49,414within the sector's middle half▼ 11.2%€74,399within the sector's middle half▲ 50.6%€89,425above the sector's middle half▲ 20.2%
EBIT margin34.7%
Equity€123,545-€133,501▲ 8.1%€145,667within the sector's middle half▲ 9.1%€174,324within the sector's middle half▲ 19.7%€223,791within the sector's middle half▲ 28.4%€198,755within the sector's middle half▼ 11.2%€254,754within the sector's middle half▲ 28.2%€312,563above the sector's middle half▲ 22.7%
Total assets€205,071-€206,901▲ 0.9%€213,125within the sector's middle half▲ 3.0%€206,146within the sector's middle half▼ 3.3%€276,966within the sector's middle half▲ 34.4%€251,718within the sector's middle half▼ 9.1%€309,494within the sector's middle half▲ 23.0%€376,714within the sector's middle half▲ 21.7%
Debt€72,836-€64,712▼ 11.2%€58,769▼ 9.2%€23,133▼ 60.6%€44,486▲ 92.3%€44,274▼ 0.5%€46,051▲ 4.0%€55,462▲ 20.4%
Working capital€62,414-€68,075▲ 9.1%€73,768within the sector's middle half▲ 8.4%€80,015within the sector's middle half▲ 8.5%€106,200within the sector's middle half▲ 32.7%€91,542within the sector's middle half▼ 13.8%€155,650within the sector's middle half▲ 70.0%€221,031above the sector's middle half▲ 42.0%
Solvency60.2%-64.5%▲ 4.3pp68.3%within the sector's middle half▲ 3.8pp84.6%above the sector's middle half▲ 16.2pp80.8%above the sector's middle half▼ 3.8pp79.0%above the sector's middle half▼ 1.8pp82.3%above the sector's middle half▲ 3.4pp83.0%above the sector's middle half▲ 0.7pp
Current ratio4.25-4.10▼ 0.153.74within the sector's middle half▼ 0.364.46within the sector's middle half▲ 0.725.92above the sector's middle half▲ 1.464.18within the sector's middle half▼ 1.735.08above the sector's middle half▲ 0.904.99above the sector's middle half▼ 0.09
Return on assets (ROA)3.9%-8.9%▲ 5.0pp9.7%within the sector's middle half▲ 0.8pp18.8%within the sector's middle half▲ 9.1pp20.1%within the sector's middle half▲ 1.3pp19.6%within the sector's middle half▼ 0.5pp24.0%within the sector's middle half▲ 4.4pp23.7%within the sector's middle half▼ 0.3pp
above within below the middle half of NACE 69, Legal and accounting activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €376,714
Fixed assets €100,221 ▼ 13.4%
Current assets €276,493 ▲ 42.7%
Equity and liabilities €376,714
Equity €312,563 ▲ 22.7%
Provisions €8,689 =
Debt €55,462 ▲ 20.4%
Debt's share of the balance-sheet total falls from 14.9% to 14.7%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€143,478▲
2024 · €121,137
Cash flow
€104,888▲
2024 · €90,133
Debt to equity
0.18▼
2024 · 0.18
ROE
28.6%▼
2024 · 29.2%
Interest coverage
96.25▼
2024 · over 100
Debt ≤ 1 year
€55,462▲
2024 · €38,161
Income taxes
€37,692▲
2024 · €30,309
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 34,693 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95.3% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
3.9% stopped otherwise
95.3% still going

For this company itself Checked computes a bankruptcy probability of < 0.1% 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 497,445 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% 0.9%
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 74.5% 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 34,693 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines
Balance sheet Code20242025
Assets
Total assets20/58€309,494€376,714▲
Fixed assets21/28€115,683€100,221▼
Tangible fixed assets22/27€115,683€100,221▼
Land and buildings22€82,491€79,433▼
Plant, machinery and equipment23€1,825€690▼
Furniture and vehicles24€31,368€20,097▼
Current assets29/58€193,811€276,493▲
Amounts receivable within one year40/41€31,028€62,223▲
Trade receivables40€31,028€40,213▲
Other amounts receivable41-€22,010
Cash at bank and in hand54/58€158,274€209,355▲
Deferred charges and accrued income490/1€4,508€4,916▲
Equity and liabilities
Total equity and liabilities10/49€309,494€376,714▲
Equity10/15€254,754€312,563▲
Contributions10/11€5,000€5,000=
Reserves13€249,754€307,563▲
Distributable reserves133€249,754€307,563▲
Provisions and deferred taxes16€8,689€8,689=
Provisions for liabilities and charges160/5€8,689€8,689=
Pensions and similar obligations160€8,689€8,689=
Amounts payable17/49€46,051€55,462▲
Amounts payable after more than one year17€7,890-
Financial debts170/4€7,890-
Amounts payable within one year42/48€38,161€55,462▲
Current portion of amounts payable after more than one year42€7,624€7,890▲
Trade debts44€906€1,258▲
Suppliers440/4€906€1,258▲
Taxes, remuneration and social security45€11,231€14,697▲
Taxes450/3€10,657€13,979▲
Remuneration and social security454/9€574€718▲
Other amounts payable47/48€18,400€31,616▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15,734€15,463▼
Other operating charges640/8€976€1,243▲
Gross operating margin9900€122,113€144,721▲
Operating profit (loss)9901€105,403€128,016▲
Financial income75/76B€139€592▲
Recurring financial income75€139€592▲
Financial charges65/66B€835€1,491▲
Recurring financial charges65€835€1,491▲
Profit (loss) for the period before taxes9903€104,708€127,117▲
Income taxes67/77€30,309€37,692▲
Profit (loss) for the period9904€74,399€89,425▲
Profit (loss) for the period to be appropriated9905€74,399€89,425▲
Appropriation of the result
Profit (loss) to be appropriated9906€74,399€89,425▲
Transfer from equity791/2€18,400€31,616▲
Transfer to equity691/2€74,399€89,425▲
To other reserves6921€74,399€89,425▲
Profit to be distributed694/7€18,400€31,616▲
Return on contributions (dividend)694€18,400€31,616▲

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Turnover70---€162,266-----
Goods, raw materials, services and sundry goods60/61---€93,136-----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11,431€11,287€11,604€13,537€6,872€17,745€15,734€15,463▼ 1.7%
Other operating charges640/8---€1,104€1,149€946€976€1,243▲ 27.3%
Gross operating margin9900€25,007€40,434€46,616€70,887€85,716€88,941€122,113€144,721▲ 18.5%
Operating profit (loss)9901€12,444€28,059€33,914€56,246€77,695€70,250€105,403€128,016▲ 21.5%
Financial income75/76B----€61€132€139€592▲ 325%
Recurring financial income75€1,048€0€10-€61€132€139€592▲ 325%
Financial charges65/66B---€1,950€497€1,042€835€1,491▲ 78.6%
Recurring financial charges65€1,773€1,718€1,503€1,950€497€1,042€835€1,491▲ 78.6%
Profit (loss) for the period before taxes9903€11,719€26,342€32,420€54,295€77,259€69,341€104,708€127,117▲ 21.4%
Income taxes67/77€3,749€7,937€11,804€15,589€21,641€19,927€30,309€37,692▲ 24.4%
Profit (loss) for the period9904€7,970€18,405€20,616€38,707€55,618€49,414€74,399€89,425▲ 20.2%
Profit (loss) for the period to be appropriated9905€7,970€18,405€31,616€38,707€55,618€49,414€74,399€89,425▲ 20.2%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€205,071€206,901€213,125€206,146€276,966€251,718€309,494€376,714▲ 21.7%
Fixed assets21/28€123,464€116,899€112,432€102,998€149,162€131,417€115,683€100,221▼ 13.4%
Intangible fixed assets21€3,429€2,286€1,143------
Tangible fixed assets22/27€120,035€114,613€111,289€102,998€149,162€131,417€115,683€100,221▼ 13.4%
Land and buildings22---€87,248€88,578€85,538€82,491€79,433▼ 3.7%
Plant, machinery and equipment23----€4,291€3,058€1,825€690▼ 62.2%
Furniture and vehicles24---€15,750€56,294€42,821€31,368€20,097▼ 35.9%
Current assets29/58€81,607€90,003€100,694€103,147€127,804€120,301€193,811€276,493▲ 42.7%
Amounts receivable after more than one year29----€15,000----
Other amounts receivable291----€15,000----
Amounts receivable within one year40/41€12,134€16,915€18,657€30,473€38,606€38,420€31,028€62,223▲ 101%
Trade receivables40---€30,473€38,606€38,420€31,028€40,213▲ 29.6%
Other amounts receivable41-------€22,010-
Cash at bank and in hand54/58€68,654€72,150€80,650€67,862€72,609€80,090€158,274€209,355▲ 32.3%
Deferred charges and accrued income490/1---€4,813€1,589€1,791€4,508€4,916▲ 9.0%
Equity and liabilities
Total equity and liabilities10/49€205,071€206,901€213,125€206,146€276,966€251,718€309,494€376,714▲ 21.7%
Equity10/15€123,545€133,501€145,667€174,324€223,791€198,755€254,754€312,563▲ 22.7%
Contributions10/11€65,000€65,000-€65,000€65,000€5,000€5,000€5,000=
Reserves13€55,800€65,750€77,916€108,173€158,791€193,755€249,754€307,563▲ 23.1%
Non-distributable reserves130/1---€6,500€6,500----
Reserves not available under the articles1311---€6,500€6,500----
Distributable reserves133---€101,673€152,291€193,755€249,754€307,563▲ 23.1%
Profit (loss) carried forward14€2,745€2,751€2,751€1,151-----
Provisions and deferred taxes16€8,689€8,689€8,689€8,689€8,689€8,689€8,689€8,689=
Provisions for liabilities and charges160/5---€8,689€8,689€8,689€8,689€8,689=
Pensions and similar obligations160---€8,689€8,689€8,689€8,689€8,689=
Amounts payable17/49€72,836€64,712€58,769€23,133€44,486€44,274€46,051€55,462▲ 20.4%
Amounts payable after more than one year17€53,644€42,784€31,843-€22,882€15,515€7,890--
Financial debts170/4----€22,882€15,515€7,890--
Amounts payable within one year42/48€19,193€21,927€26,926€23,133€21,604€28,759€38,161€55,462▲ 45.3%
Current portion of amounts payable after more than one year42---€4,414€7,118€7,367€7,624€7,890▲ 3.5%
Trade debts44€229€2,340€1,015€761€378€1,635€906€1,258▲ 38.9%
Suppliers440/4---€761€378€1,635€906€1,258▲ 38.9%
Taxes, remuneration and social security45---€7,774€7,957€11,807€11,231€14,697▲ 30.9%
Taxes450/3---€7,774€7,957€9,734€10,657€13,979▲ 31.2%
Remuneration and social security454/9-----€2,073€574€718▲ 25.0%
Other amounts payable47/48---€10,184€6,151€7,950€18,400€31,616▲ 71.8%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€7,970€18,405€20,616€38,707€55,618€49,414€74,399€89,425▲ 20.2%
+ Depreciation and write-downs630€11,431€11,287€11,604€13,537€6,872€17,745€15,734€15,463▼ 1.7%
Operating cash flow (approximation)€19,401€29,692€32,220€52,243€62,490€67,159€90,133€104,888▲ 16.4%
Investment in fixed assets (approximation)--€4,722-€7,137-€4,103-€53,036€0€0€0-
Change in cash-€3,496€8,500-€12,788€4,747€7,481€78,185€51,080▼ 34.7%

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

Latest 10 of 18 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 micro format 21-06-2026 2026-00179429
31-12-2024 micro format 26-06-2025 2025-00179310
31-12-2023 micro format 28-06-2024 2024-00173901
31-12-2022 micro format 27-06-2023 2023-00160915
31-12-2021 micro format 30-06-2022 2022-20109459
31-12-2020 micro format 30-06-2021 2021-26900252
31-12-2019 micro format 30-06-2020 2020-23000444
31-12-2018 micro format 24-06-2019 2019-22200503
31-12-2017 micro format 28-06-2018 2018-23700059
31-12-2016 micro format 26-06-2017 2017-21000305

Show all 18 filings

Similar companies · same sector, comparable size

Of the 12,107 active companies whose main activity is certified accountants and tax accountants (NACE 69201), figures are known for 7,767. 6,073 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2023 to 2025 · 3 entries · €954 awarded · €954 paid
Year Entries AwardedPaid
2025 1 €360€360
2024 1 €549€549
2023 1 €45€45
Schemes
3 entries · €954 · €954 paid · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director, last change in 2023
COOLS, Tim Paula Leo
Statutory director · since 05-05-2023
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
1 of this company's 2 Belgian Official Gazette deeds has not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

1 person since 2023, 1 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
COOLS, Tim Paula Leo
  • Statutory director, from 05-05-2023 to date
See the board, name and registered office on a given date →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

Group and network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

On 4 July 2007, TIM COOLS was incorporated.1 Total assets went from €205,071 in 2018 to €376,714 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
21-06
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
31-12
Financial Highest result from 2018 to 2025net €89,425 ▲20.2%
Operating result €128,016, net result €89,425, both a record.
26-06
NBB filing Annual accounts filed
financial year 2024 · micro format
2024
31-12
Financial Equity above €200,000equity €254,754 ▲28.2%
A profit in every financial year since 2018 builds equity to €254,754.
28-06
NBB filing Annual accounts filed
financial year 2023 · micro format
2023
27-06
NBB filing Annual accounts filed
financial year 2022 · micro format
05-05
Gazette deed Appointment: COOLS, Tim Paula Leo (statutory director)
Amendment of the articles · Capital conversion · Reserve release12 facts ▸
  • General meeting, “eenparigheid van stemmen, bijeengeroepen om te beraadslagen over agenda” (deed in Dutch)
  • Other provision, “agenda punt 1, statuten aanpassen aan bepalingen Wetboek van vennootschappen en verenigingen” (deed in Dutch)
  • Other provision, “agenda punt 2, statutaire onbeschikbare eigenvermogensrekening schrappen uit statuten en beschikbaar maken voor toekomstige uitkeringen” (deed in Dutch)
  • Other provision, “agenda punt 3, bevestiging van het bestuur van de vennootschap” (deed in Dutch)
  • Other provision, “agenda punt 4, aanneming volledig nieuwe statuten in overeenstemming met Wetboek van vennootschappen en verenigingen zonder wijziging voorwerp” (deed in Dutch)
  • Other provision, “agenda punt 5, bevestiging van de zetel van de vennootschap” (deed in Dutch)
  • Amendment of the articles (2 times)
  • Capital conversion, “Tweede besluit vaststelling, statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
  • Reserve release, “vormen en meerderheden van statutenwijziging, statutair onbeschikbare eigen vermogensrekening opheffen en middelen beschikbaar maken voor uitkering” (deed in Dutch)
  • Board composition, COOLS, Tim Paula Leo (statutory director)
  • Registered office clause, “2260 Westerlo, Ter Voort 161, Vijfde besluit” (deed in Dutch)
  • Director appointment, COOLS, Tim Paula Leo (statutory director)
2022
31-12
Financial Equity above €200,000equity €223,791 ▲28.4%
A profit in every financial year since 2018 builds equity to €223,791.
30-06
NBB filing Annual accounts filed
financial year 2021 · micro format
2021
31-12
Financial Equity above €150,000equity €174,324 ▲19.7%
A profit in every financial year since 2018 builds equity to €174,324.
30-06
NBB filing Annual accounts filed
financial year 2020 · micro format
2020
30-06
NBB filing Annual accounts filed
financial year 2019 · micro format
Show earlier events
2019
24-06
NBB filing Annual accounts filed
financial year 2018 · micro format
2018
28-06
NBB filing Annual accounts filed
financial year 2017 · micro format
2017
26-06
NBB filing Annual accounts filed
financial year 2016 · micro format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 18 annual accounts filed, the latest 10 are here; all 18 are under Financials.
1 of 2 deeds read
About the unread acts

Of the 2 Belgian Official Gazette deeds 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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Register details

Identification
Legal formPrivate limited company
Founded04-07-2007
Financial year end31-12
Activities, NACEBEL 2025
69201Certified accountants and tax accountants
E-invoicing
Reachable via Peppol
Peppol ID 0208:0890567193
Registered 21-10-2026

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

Register as of 31 October 2026 · Peppol Directory

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

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Westerlo · 1 establishment unit since 2007
registered office establishment The establishment unit on the map
Ground area
812 m²
Building footprint
129 m²
Building volume
1,022 m³
Parcel 13039A0127/00W002, Flanders · tallest building 11.5 m. Linked by address, not a title deed.
1 establishment unit
Ter Voort 161, 2260 Westerlo
Certified accountants and tax accountants
since 2007unit no. 2.181.424.288
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
13039A0127/00W002 Flanders 812 m² 1 · 129 m² 11.5 m · 3
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“De organisatie van boekhoudingdiensten en raadgeving daaromtrent; Het openen,het houden,het centraliseren en het sluiten van…” (deed in Dutch)
8 activities (deed in Dutch)
  1. De organisatie van boekhoudingdiensten en raadgeving daaromtrent
  2. Het openen,het houden,het centraliseren en het sluiten van boekingen,geschikt voor het opmaken van de rekeningen
  3. Het bepalen van de resultaten en het opmaken van de jaarrekening in de door de wet bepaalde vorm
  4. Het belastingsadvies,bijstand en vertegenwoordiging van belastingplichtigen in alle belastingaangelegenheden
  5. Studie – organisatie en raadgevend bureau betreffende financiële,fiscale en sociale aangelegenheden
  6. Juridische adviesverlening,in het bijzonder dan de bijstand bij de oprichting en vereffening van vennootschappen
  7. De vennootschap mag via inbreng,fusie,inschrijving belangen nemen in of optreden als bestuurder van andere rechtspersonen of burgerlijke vennootschappen met een gelijkaardig doel
  8. De vennootschap mag optreden als vereffenaar van andere vennootschappen

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
TIM COOLS
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaamse Gewest, Artikel 2” (deed in Dutch)

deed of 05-05-2023

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
Each director alone
Board ruleHow the board is made up, meets and takes decisions.
“Bestuursorgaan, met of zonder beperking van duur” (deed in Dutch)
“Geheel van bevoegdheden bestuurders toegekend,met mogelijkheid deel te delegeren, iedere bestuurder alleen optredend mag alle handelingen…” (deed in Dutch)
“Geboekt op algemene kosten,los van representatie-,reis-en verplaatsingskosten, bij bezoldigd mandaat bepaalt algemene vergadering met…” (deed in Dutch)

deed of 05-05-2023

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Ieder aandeel geeft gelijk recht in winstverdeling en vereffeningsaldo, 186” (deed in Dutch)
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Vermelde prijs in oorspronkelijke bekendmaking of bij betwisting door deskundige bepaalde prijs, procedure- en expertisekosten voor helft…” (deed in Dutch)
Share issue ruleHow and by whom new shares can be issued.
“Artikel 7, bestaande aandeelhouders naar evenredigheid van aantal aandelen” (deed in Dutch)

deed of 05-05-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Third Tuesday of June at 20:00

deed of 05-05-2023

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Ontbinding, beslissing algemene vergadering beslissende in vormen vereist voor statutenwijziging” (deed in Dutch)
“Ontbinding wegens verlies-alarmbelprocedure, netto-actief dreigt negatief te worden of is geworden door geleden verlies” (deed in Dutch)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Vereffenaars, bestuurder(s) in functie krachtens statuten indien geen andere vereffenaar benoemd” (deed in Dutch)

deed of 05-05-2023

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Aandelen moeten bij uitgifte worden volgestort, stortingsplicht” (deed in Dutch)
Other provision: “Controle van de vennootschap, een of meerdere commissarissen” (deed in Dutch)
Other provision: “Schriftelijke algemene vergadering, aandeelhouders kunnen binnen wettelijke grenzen eenparig en schriftelijk alle besluiten nemen tot…” (deed in Dutch)
Other provision: “Toegang tot algemene vergadering, rechten verbonden aan effecten mogen niet geschorst zijn;indien enkel stemrechten geschorst mag nog…” (deed in Dutch)
Other provision: “Zittingen-processen-verbaal, neergelegd in register bewaard op zetel, ondertekend door leden bureau en aanwezige aandeelhouders die erom…” (deed in Dutch)
Other provision: “Bestuursorgaan tijdens zitting, gewone of buitengewone algemene vergadering” (deed in Dutch)
Other provision: “Bepalingen van toepassing ingeval vennootschap slechts één aandeelhouder telt, alle bepalingen statuten toepasselijk bij slechts één…” (deed in Dutch)
Other provision: “Enige aandeelhouder-bestuurder, bepaalt vrij naargelang behoeften vennootschap en op door hem bepaalde tijdstippen later uit te voeren…” (deed in Dutch)
Other provision: “Woonstkeuze, als geen andere woonplaats gekozen in België voor alle betrekkingen met vennootschap” (deed in Dutch)
Other provision: “Exclusieve bevoegdheid rechtbank in wiens rechtsgebied zetel gevestigd, gerechtelijke bevoegdheid” (deed in Dutch)
Other provision: “Bepalingen WVV waarvan niet geldig afgeweken geacht ingeschreven in akte, gemeen recht” (deed in Dutch)
Other provision: “Op naam, aard van aandelen” (deed in Dutch)
Other provision: “Ondeelbaarheid van effecten, 9” (deed in Dutch)
Other provision: “Aandeelhouder kan uittreden zonder ontbinding ten aanzien van overblijvende vennoten, uittreding” (deed in Dutch)
10 more provisions in the deed, see the deed of 05-05-2023

deed of 05-05-2023