Financials
Financial year 2025
COOLWAVE from Waterloo, company number BE0455562280, closed financial year 2025 with a result of € -6,761 after tax. For that financial year COOLWAVE recorded a gross margin of € 291,063 and equity of € 41,742. Compared with financial year 2024, the result moved from € 13,553 to € -6,761. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 30, 2026.
€ 41,742
▼ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -6,761
▼ still € 13,553 profit in 2024
Profit after tax over the fiscal year.
€ 18,744
▲ 13% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 5,798.
People and assets in 2025
€ 205,072
▲ 4% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 1,098
▼ 88% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 124,420
▼ 15% vs 2024
Loans from banks and other lenders, long and short.
€ 19,880
▼ 74% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 100,268
▼ 15% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 242,948 | € 269,273 | € 257,162 | € 291,063 | ▲ 13% |
| Profit after taxes | € -9,413 | € 3,881 | € 13,553 | € -6,761 | ▼ € 20,314 |
| Equity | € 43,069 | € 46,950 | € 48,503 | € 41,742 | ▼ 14% |
| Total debts | € 340,185 | € 330,312 | € 341,146 | € 245,647 | ▼ 28% |
| Cash | € 2,813 | - | € 16,640 | € 18,744 | ▲ 13% |
| Retained profit | € 7,124 | € 11,005 | € 12,559 | € 5,798 | ▼ 54% |
| Dividend | € 0 | € 0 | € 12,000 | € 0 | ▼ 100% |
| Bank debt | € 145,065 | € 137,535 | € 146,414 | € 124,420 | ▼ 15% |
| Balance sheet total | € 383,254 | € 377,262 | € 389,650 | € 287,389 | ▼ 26% |
Key figures of COOLWAVE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to COOLWAVE?
What happened at COOLWAVE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 6,761 (▼ € 20,314 vs 2024). Source: NBB ↗
- Laurence BURNOTTE became a director. NBB
- New establishment in Waterloo. KBO
- Marc LENAERTS became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 9,413 loss in 2022 to € 6,761 loss in 2025.
Paid € 29,911 in corporate taxes since 2022.
Best year ever: 2024, with € 13,553 profit.
Paid out € 12,000 in dividends to the owners in total.
Management
Behind COOLWAVE are Laurence BURNOTTE and Marc LENAERTS.
Directors
According to the 2025 annual accounts
Laurence BURNOTTE
Director
since 2013
Marc LENAERTS
Director
since 1997
Establishments
Establishment units
Physical locations of this company
Rue Saint-Germain 106-108
1410 Waterloo
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0455.562.280
- VAT number
- BE 0455.562.280
- Registered office
- Rue Saint-Germain 106-108, 1410 Waterloo
- Names & denominations
- COOLWAVE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 June 1995
- Peppol
- Active · Active since 17 Nov 2025
- Activities · NACE
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit
Elektrische installatie
Productie van elektriciteit
Productie van elektriciteit uit niet-hernieuwbare bronnen
Vervaardiging van zendtoestellen voor radiotelefonie en apparatuur voor lijntelefonie of lijntelegrafie
Vervaardiging van communicatieapparatuur