WESTCOOL SERVICE
ActiveFrom the official registers: KBO 15 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
WESTCOOL SERVICE has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €882,687 and a net result of €173,000. Equity has been growing by about 4.8% per year since 2018. Its solvency ranks better than 41% of 477 sector peers (NACE 28, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Official details
KBO- Status
- Active since 25-06-2010 Normal situation
- Activity
- Manufacture of machinery and equipment not elsewhere classified NACE 28250and 4 others
- Establishment unit
- 2.189.714.523 8830 Hooglede, since 15-07-2010
- Financial year end
- 31 December
- Peppol
- Reachable since 11-05-2026
Board and ownership
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.3%
- Gross margin
- €1.0m
- ▲ 1.2%
- Turnover
- ≈ €1.8m
- estimated
- Profit
- €173,000
- ▼ 50.0%
- Equity
- €882,687
- ▼ 7.1%
- Total assets
- €2.4m
- ▲ 17.3%
- Staff
- 8.1 FTE
- ▲ 2.5%
Score breakdownraises riskLiquidity: current ratio 1.44, cash €103,241lowers riskFounded in 2010Figures for financial year 2025 (filed on 30-08-2026)Profit of €173,000 (financial year 2025)Show the evidence
Checked score
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 28, micro). It does better than 40% of them on solvency, 15% on liquidity, 61% on profitability and 28% on growth.
The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 7 accounts on average 18 days after the deadline. In the sector (NACE 28), the median for financial year 2024 was 11 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
Key points
Comparable companies
These companies have the same main activity as WESTCOOL SERVICE: manufacture of machinery and equipment not elsewhere classified (NACE 28250). They are comparable in size and age: total assets between €1.4m and €3.2m, founded between 2004 and 2015.
| Company | Total assets | Gross margin |
|---|---|---|
| WESTCOOL SERVICE Hooglede | €2.4m | €1.0m |
| Koeltechniek Claessens & C° Malle | €3.2m | €1.2m |
| Aircotechnix Nijlen | €1.9m | €1.1m |
| AIR EXECUTION Nivelles | €1.9m | €0.7m |
| POLAR EXPERTS Wingene | €1.4m | €1.0m |
| B-COOL Hasselt | €3.2m | €1.4m |
| FRIGO MAINTENANCE Saint-Ghislain | €2.8m | €0.9m |
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 30-08-2026
- Annual accounts 2024filed on 30-08-2025
- Annual accounts 2023filed on 16-07-2024
- Annual accounts 2022filed on 30-08-2023
Acts in the Belgian Official Gazette
- Resignations & appointmentsact of 15-04-2026
- Purpose · Amendment of the articles · Legal-form change · Resignations & appointmentsact of 05-12-2023
Articles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
Key facts about WESTCOOL SERVICE
- What is the company number of WESTCOOL SERVICE?
- The company number of WESTCOOL SERVICE is 0827.535.506. The VAT number is the same number with BE in front: BE 0827.535.506.
- Where is WESTCOOL SERVICE based?
- The registered office is at Stoomtuigstraat 24, 8830 Hooglede.Company details
- What does WESTCOOL SERVICE do?
- According to the KBO register, the main activity is manufacture of machinery and equipment not elsewhere classified (NACE 28250).
- What is the legal form of WESTCOOL SERVICE?
- The legal form of WESTCOOL SERVICE is Private limited company (BV).
- When was WESTCOOL SERVICE founded?
- WESTCOOL SERVICE was founded on 25-06-2010.
- Is WESTCOOL SERVICE still active?
- Yes, WESTCOOL SERVICE is an active enterprise in the KBO register.
- How many employees does WESTCOOL SERVICE have?
- WESTCOOL SERVICE had an average of 8.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of WESTCOOL SERVICE?
- The turnover in financial year 2025 is ≈ €1.8m. This figure is estimated from the gross margin of €1.0m and 1,586 comparable companies of the same size. It probably lies between €1.2m and €3.0m. It is a rough estimate.
- Is WESTCOOL SERVICE profitable?
- In financial year 2025, WESTCOOL SERVICE made a profit of €173,000.
- Where can I find the annual accounts of WESTCOOL SERVICE?
- WESTCOOL SERVICE filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
- When are the next annual accounts of WESTCOOL SERVICE due?
- WESTCOOL SERVICE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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