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 8 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Coolsaet Engineering from Aalst, company number BE0881565791, closed financial year 2025 with a result of € 37,575 after tax. For that financial year Coolsaet Engineering recorded a gross margin of € 183,615 and equity of € 483,279. Compared with financial year 2024, the result moved from € 1,707 to € 37,575. Profitable, and profit is growing. 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 May 17, 2026.
€ 483,279
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 37,575
▲ € 35,868 vs 2024
Profit after tax over the fiscal year.
€ 9,165
▼ 78% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 59,981 paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2025
€ 594,109
▼ 18% vs 2024
€ 67,091 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 34,153
▲ 14% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 716,288 | € 549,313 | € 144,397 | € 183,615 | ▲ 27% |
| Profit after taxes | € 102,567 | € 21,444 | € 1,707 | € 37,575 | ▲ € 35,868 |
| Equity | € 542,974 | € 505,644 | € 505,685 | € 483,279 | ▼ 4% |
| Total debts | € 1,122,233 | € 932,534 | € 752,867 | € 683,974 | ▼ 9% |
| Cash | € 67,191 | € 54,681 | € 41,701 | € 9,165 | ▼ 78% |
| Land & buildings | € 1,287,589 | € 1,254,295 | € 1,202,642 | € 1,150,989 | ▼ 4% |
| Retained profit | € 524,374 | € 489,081 | € 489,122 | € 466,716 | ▼ 5% |
| Dividend | € 1,600 | € 1,666 | € 1,666 | € 59,981 | ▲ € 58,315 |
| Bank debt | € 965,959 | € 791,635 | € 722,314 | € 594,109 | ▼ 18% |
| Balance sheet total | € 1,665,207 | € 1,438,178 | € 1,258,552 | € 1,167,253 | ▼ 7% |
| Employees (FTE) | 10.1 | 5.5 | - | - |
Key figures of Coolsaet Engineering, 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 Coolsaet Engineering?
What happened at Coolsaet Engineering in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 37,575 (▲ € 35,868 vs 2024). Source: NBB ↗
- New establishment in Aalst. KBO
- Start of the company according to the CBE. KBO
In short
From € 102,567 profit in 2022 to € 37,575 profit in 2025.
Paid € 52,037 in corporate taxes since 2022.
Best year ever: 2022, with € 102,567 profit.
On average € 99,900 of value added per employee in 2023.
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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
Behind Coolsaet Engineering is Kristof Coolsaet.
Directors
According to the 2025 annual accounts
Kristof Coolsaet
Director
Establishments
Establishment units
Physical locations of this company
Verenigde Natiesstraat 8
9320 Aalst
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0881.565.791
- VAT number
- BE 0881.565.791
- Registered office
- Verenigde Natiesstraat 8, 9320 Aalst
- Names & denominations
- Coolsaet Engineering
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 May 2006
- Peppol
- Active · Active since 22 Nov 2025
- Activities · NACE
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