Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 59 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
WESTCOOL SERVICE from Hooglede, company number BE0827535506, closed financial year 2025 with a result of € 173,000 after tax. For that financial year WESTCOOL SERVICE recorded a gross margin of € 1 million and equity of € 882,687. Compared with financial year 2024, the result moved from € 345,953 to € 173,000. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 30, 2026.
€ 882,687
▼ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 173,000
▼ 50% vs 2024
Profit after tax over the fiscal year.
€ 103,241
▼ 9% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 240,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
8.1
▲ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 578,964
▲ 16% vs 2024
€ 71,500 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 102,568
▼ 17% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 175,632
▲ 102% vs 2024
€ 160,663 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 586,927
▲ 60% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 63,978
▼ 29% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 723,254 | € 818,194 | € 1,030,890 | € 1,043,491 | ▲ 1% |
| Profit after taxes | € 276,535 | € 281,927 | € 345,953 | € 173,000 | ▼ 50% |
| Equity | € 821,807 | € 853,734 | € 949,687 | € 882,687 | ▼ 7% |
| Total debts | € 875,315 | € 918,621 | € 1,062,957 | € 1,477,926 | ▲ 39% |
| Cash | € 251,892 | € 169,756 | € 113,965 | € 103,241 | ▼ 9% |
| Retained profit | € 801,807 | € 833,734 | € 929,687 | € 862,687 | ▼ 7% |
| Dividend | € 240,000 | € 250,000 | € 250,000 | € 240,000 | ▼ 4% |
| Bank debt | € 66,412 | € 98,012 | € 86,765 | € 175,632 | ▲ 102% |
| Balance sheet total | € 1,697,122 | € 1,772,355 | € 2,012,644 | € 2,360,613 | ▲ 17% |
| Employees (FTE) | 5.6 | 6.6 | 7.9 | 8.1 | ▲ 0.2 |
Key figures of WESTCOOL SERVICE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to WESTCOOL SERVICE?
What happened at WESTCOOL SERVICE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 173,000 (▼ 50% vs 2024). filed late Source: NBB ↗
- Cargocold BV became a director. NBB
- New establishment in Hooglede. KBO
- Start of the company according to the CBE. KBO
In short
From € 276,535 profit in 2022 to € 173,000 profit in 2025.
Paid € 305,269 in corporate taxes since 2022.
Best year ever: 2024, with € 345,953 profit.
On average € 128,800 of value added per employee in 2025.
A new publication or filing at WESTCOOL SERVICE? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of EGIMAX comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
WESTCOOL SERVICEBehind WESTCOOL SERVICE are Cargocold BV and Egimax BV. The shares are held by EGIMAX (99%).
Directors
According to the 2025 annual accounts
since 2026
Shareholders
99%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Stoomtuigstraat 24
8830 Hooglede
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
DNS
OVH DNS
Website info
Features
Security
Network
Details
- Company number
- 0827.535.506
- VAT number
- BE 0827.535.506
- Registered office
- Stoomtuigstraat 24, 8830 Hooglede
- Names & denominations
- WESTCOOL SERVICE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 June 2010
- Peppol
- Active · Active since 11 May 2026
- Contact
- westcool.be
- Activities · NACE
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