Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 13.8 to 11.1.
Financials
Financial year 2025
COLD JET from Asse, company number BE0864184777, closed financial year 2025 with a result of € -7,123 after tax. For that financial year COLD JET recorded a gross margin of € 2.1 million and equity of € 3.3 million. Compared with financial year 2024, the result moved from € 2,933 to € -7,123. The company made a loss. 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 September 4, 2026.
€ 3.3 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -7,123
▼ still € 2,933 profit in 2024
Profit after tax over the fiscal year.
€ 66,172
▼ 51% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 3.3 million.
People and assets in 2025
11.1
▼ 1.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.9 million
▼ 3% vs 2024
€ 172,000 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.
€ 60,281
Of which on lease € 28,565.
Debts at end 2025
€ 76,668
▼ 17% vs 2024
€ 16,170 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 1.3 million
▲ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 180,130
▲ 11% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,446,157 | € 2,505,821 | € 2,169,540 | € 2,096,182 | ▼ 3% |
| Profit after taxes | € 404,451 | € 256,965 | € 2,933 | € -7,123 | ▼ € 10,056 |
| Equity | € 3,115,065 | € 3,347,030 | € 3,349,963 | € 3,342,840 | |
| Total debts | € 3,175,237 | € 1,595,647 | € 1,584,583 | € 1,818,930 | ▲ 15% |
| Cash | € 255,514 | € 41,605 | € 136,122 | € 66,172 | ▼ 51% |
| Retained profit | € 3,090,065 | € 3,322,030 | € 3,324,963 | € 3,317,840 | |
| Dividend | € 0 | € 25,000 | € 0 | € 0 | |
| Bank debt | € 98,937 | € 107,095 | € 92,191 | € 76,668 | ▼ 17% |
| Balance sheet total | € 6,290,303 | € 4,942,677 | € 4,934,546 | € 5,161,770 | ▲ 5% |
| Employees (FTE) | 13.9 | 13.8 | 12.2 | 11.1 | ▼ 1.1 |
Key figures of COLD JET, 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 COLD JET?
What happened at COLD JET in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 7,123 (▼ € 10,056 vs 2024). filed late Source: NBB ↗
- New establishment in Asse. KBO
- Start of the company according to the CBE. KBO
In short
From € 404,451 profit in 2022 to € 7,123 loss in 2025.
Paid € 325,736 in corporate taxes since 2022.
Best year ever: 2022, with € 404,451 profit.
On average € 188,800 of value added per employee in 2025.
Management
The stake of Cold Jet Europe Holdings comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
COLD JETBehind COLD JET are WIM EECKELAERS, EUGENE COOKE III and JAN CLOOTS. The shares are held by Cold Jet Europe Holdings (99.6%).
Directors
According to the 2025 annual accounts
WIM EECKELAERS
Director
Also active at: Verzekeringskantoor Van Dessel, Cold Jet Europe Holdings, WHB AKTAS
Shareholders
99.6%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Z. 1 Researchpark 330
1731 Asse
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
- 0864.184.777
- VAT number
- BE 0864.184.777
- Registered office
- Z. 1 Researchpark 330, 1731 Asse
- Names & denominations
- COLD JET
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 March 2004
- Peppol
- Active · Active since 21 Jan 2026
- Activities · NACE
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