Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 35 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
GREEN COOL from Malmedy, company number BE0841402546, closed financial year 2024 with a result of € 27,739 after tax. For that financial year GREEN COOL recorded a gross margin of € 292,540 and equity of € 84,786. Compared with financial year 2023, the result moved from € 34,916 to € 27,739. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on November 8, 2025.
€ 84,786
▲ 21% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 27,739
▼ 21% vs 2023
Profit after tax over the fiscal year.
€ 7,279
▼ 88% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 13,183 paid out
48 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2024
3.3
▲ 0.3 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 173,509
▲ 15% vs 2023
€ 52,600 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.
€ 97,199
▼ 13% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 357,153
▼ 9% vs 2023
€ 51,342 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 166,446
▼ 20% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 146,466
▲ 22% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 143,843 | € 136,989 | € 286,409 | € 292,540 | ▲ 2% |
| Profit after taxes | € 6,099 | € -2,280 | € 34,916 | € 27,739 | ▼ 21% |
| Equity | € 68,407 | € 35,314 | € 70,230 | € 84,786 | ▲ 21% |
| Total debts | € 626,544 | € 676,826 | € 720,348 | € 670,065 | ▼ 7% |
| Cash | € 775 | € 4,725 | € 59,068 | € 7,279 | ▼ 88% |
| Land & buildings | € 213,103 | € 204,517 | € 195,930 | € 187,344 | ▼ 4% |
| Retained profit | € 49,807 | € 16,714 | € 51,630 | € 66,186 | ▲ 28% |
| Dividend | € 6,099 | € 30,812 | € 0 | € 13,183 | |
| Bank debt | € 378,870 | € 341,301 | € 391,562 | € 357,153 | ▼ 9% |
| Balance sheet total | € 694,950 | € 712,141 | € 790,578 | € 754,851 | ▼ 5% |
| Employees (FTE) | - | - | 3 | 3.3 | ▲ 0.3 |
Key figures of GREEN COOL, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to GREEN COOL?
What happened at GREEN COOL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 27,739 (▼ 21% vs 2023). filed late Source: NBB ↗
- New establishment in Waimes. KBO
- New establishment in Malmedy. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,099 profit in 2021 to € 27,739 profit in 2024.
Paid € 33,466 in corporate taxes since 2021.
Best year ever: 2023, with € 34,916 profit.
On average € 88,600 of value added per employee in 2024.
Management
Behind GREEN COOL is Jean-Philippe VAASSEN.
Directors
According to the 2024 annual accounts
Jean-Philippe VAASSEN
Director
Establishments
Establishment units
Physical locations of this company
Route de Falize 181
4960 Malmedy
Route du Faye,Thirimont SN
4950 Waimes
Active since 12 July 2021
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.
Details
- Company number
- 0841.402.546
- VAT number
- BE 0841.402.546
- Registered office
- Route de Falize 181, 4960 Malmedy
- Names & denominations
- GREEN COOL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 November 2011
- Peppol
- Active · Active since 25 Nov 2025
- Activities · NACE
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit