WE Koeltechniek
ActiveThe computed 12-month bankruptcy probability of WE Koeltechniek is 1.6% (moderate). The 2025 annual accounts show equity of €142k and a net result of €52k. Equity is growing by ~36.4% per year across the filed fiscal years. Its solvency ranks better than 63% of 1291 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
98
/ 100
Excellent▲ +5 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency91▼-9
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 1.71 against 3.79 in 2024), and 42.8% 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
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 dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 33
Relative position
BE, all sectors
reference
Sector 33
higher
← fewer bankruptcies
more bankruptcies →
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
57.2%
Return on assets
20.8%
Age of the figures
8 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 08-06-2026, 53 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
53 d early
2024
58 d early
2023
58 d early
2022
35 d early
2021
33 d early
2020
33 d early
← 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
€142k▼ 24.1%
2024 · €187k
2020: €42k
2021: €74k
2022: €98k
2023: €149k
2024: €187k
2020 → 2025
Total assets
€248k▲ 7.0%
2024 · €232k
2020: €77k
2021: €171k
2022: €196k
2023: €219k
2024: €232k
2020 → 2025
Net result
€52k▲ 34.5%
2024 · €38k
2020: €40k
2021: €32k
2022: €25k
2023: €50k
2024: €38k
2020 → 2025
Working capital
€76k▼ 27.3%
2024 · €104k
2020: €29k
2021: €3k
2022: €35k
2023: €54k
2024: €104k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€74k-€98k▲ 33.3%€149k▲ 51.2%€187k▲ 25.8%€142k▼ 24.1%
Operating result€48k-€36k▼ 24.2%€73k▲ 101%€58k▼ 21.1%€74k▲ 28.9%
Net result€32k-€25k▼ 23.2%€50k▲ 105%€38k▼ 23.8%€52k▲ 34.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 29% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €247k
Fixed assets
€65k▼ 26.8%
Current assets
€182k▲ 28.6%
Equity and liabilities €248k
Equity
€142k▼ 24.1%
Debt
€106k▲ 136%
The debt ratio rises from 19.4% to 42.8%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€106k▲
2024 · €90k
Cash flow
€83k▲
2024 · €70k
Solvency
57.2%▼
2024 · 80.6%
Current ratio
1.71▼
2024 · 3.79
Quick ratio
1.61▼
2024 · 3.62
Debt / equity
0.75▲
2024 · 0.24
ROE
36.3%▲
2024 · 20.5%
ROA
20.8%▲
2024 · 16.5%
Interest coverage
403.94▲
2024 · 149.79
Debt
€106k▲
2024 · €45k
Debt ≤ 1 year
€106k▲
2024 · €37k
Income taxes
€26k▲
2024 · €21k
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€232k€248k▲
Formation expenses20€1k€919▼
Fixed assets21/28€89k€65k▼
Intangible fixed assets21€688€563▼
Tangible fixed assets22/27€88k€65k▼
Plant, machinery and equipment23€13k€13k▼
Furniture and vehicles24€75k€52k▼
Current assets29/58€142k€182k▲
Stocks and contracts in progress3€7k€11k▲
Stocks30/36€7k€11k▲
Amounts receivable within one year40/41€83k€41k▼
Trade receivables40€22k€35k▲
Other amounts receivable41€61k€6k▼
Cash at bank and in hand54/58€47k€125k▲
Deferred charges and accrued income490/1€5k€5k▲
Equity and liabilities
Total equity and liabilities10/49€232k€248k▲
Equity10/15€187k€142k▼
Contributions10/11€2k€2k=
Reserves13€186k€140k▼
Non-distributable reserves130/1€150€150=
Reserves not available under the articles1311€150€150=
Distributable reserves133€185k€140k▼
Amounts payable17/49€45k€106k▲
Amounts payable after more than one year17€8k-
Financial debts170/4€8k-
Amounts payable within one year42/48€37k€106k▲
Current portion of amounts payable after more than one year42€12k€8k▼
Trade debts44€5k€39k▲
Suppliers440/4€5k€39k▲
Taxes, remuneration and social security45€20k€31k▲
Taxes450/3€20k€31k▲
Other amounts payable47/48-€28k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32k€32k▼
Other operating charges640/8€3k€860▼
Gross operating margin9900€93k€107k▲
Operating profit (loss)9901€58k€74k▲
Financial income75/76B€2k€3k▲
Recurring financial income75€2k€3k▲
Financial charges65/66B€598€262▼
Recurring financial charges65€598€262▼
Profit (loss) for the period before taxes9903€59k€77k▲
Income taxes67/77€21k€26k▲
Profit (loss) for the period9904€38k€52k▲
Profit (loss) for the period to be appropriated9905€38k€52k▲
Appropriation of the result
Profit (loss) to be appropriated9906€38k€52k▲
Transfer from equity791/2-€97k
Transfer to equity691/2€38k€52k▲
To other reserves6921€38k€52k▲
Profit to be distributed694/7-€97k
Directors or managers695-€97k
The notes to these accounts (8 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
08-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2020net €52k ▲34.5%
Operating result €74k, net result €52k, both a record.
03-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €150kEq €187k ▲25.8%
5 profitable years in a row build equity to €187k.
03-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €100kEq €149k ▲51.2%
4 profitable years in a row build equity to €149k.
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €25k ▼23.2%
Net result drops to €25k, the lowest in the series; recovery starts the following year.
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Pajottegem · 1 establishment unit since 2020
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.
Coppenslaan 51570 PajottegemGround area
503 m²
Building footprint
158 m²
Volume, LiDAR
1,056 m³
Parcel 23090B0391/00K000, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Coppenslaan 5, 1570 Pajottegem
since 20202.304.071.583
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23090B0391/00K000 | Flanders | 503 m² | 1 · 158 m² | 9.3 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.
Similar companies · same sector, comparable size
O&M TOTAALRENOVATIES
BE 0774.941.215
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HANS HAARDENSERVICE
BE 0797.411.462
Sint-Katelijne-Waver · Eq €141k
Leyman Mario - Jowy
BE 1010.078.717
Evergem · Eq €141k
GE MAINTENANCE
BE 0737.908.494
Manage · Eq €140k
SERTEC
BE 0664.782.174
Geer · Eq €144k
Of 877 companies in sector 33110 we hold annual accounts for 435. 338 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-06-2020
Fiscal year end31-12
Activities, NACEBEL
33110Repair and maintenance of fabricated metal products
33120Repair and maintenance of machinery
43211General electrical installation work
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
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.