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HERVE COLDSTORE

Active
Public limited companyfounded 1976active for 49 yearsOude Waalstraat 250, 9870 Zulte, BelgiumKBO/BCE: BE 0416.588.175
Summary

HERVE COLDSTORE has been active since 1976 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.1m and a net result of €429,705. Equity has been growing by about 2.9% per year since 2018. Its solvency ranks better than 75% of 863 sector peers (NACE 52, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

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HERVE COLDSTOREActiveChecked score 98/100
Risk analysis ReportCompare

Overview

Official details

Source: KBO
Status
Active since 29-11-1976 Normal situation
Activity
Warehousing and storage NACE 52100and 1 other
Joint committees
140.03 Paritair Subcomité voor het wegvervoer en de logistiek voor rekening van derden
226 Paritair Comité voor de bedienden uit de internationale handel, het vervoer en de logistiek · annual accounts 2025
Establishment units
2.012.897.676 9810 Nazareth-De Pinte, since 01-01-1977
2.238.210.662 9870 Zulte, since 01-12-2014
Financial year end
31 December
Peppol
Reachable since 21-10-2026
Company details

Board and ownership

Board
Auditor
Baker Tilly Bedrijfsrevisoren
Shareholders
  • FRABER LOGISTICS· score 942025 annual accounts of FRABER LOGISTICS
  • Cube Cold Europe TopCo Limitedannual accounts 2025
Board & ownership

Financial position

98 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€1.5m
▲ 10.7%
Turnover
≈ €2.6m
estimated
Profit
€429,705
▲ 24.4%
Equity
€1.1m
▲ 60.3%
Total assets
€1.8m
▲ 29.4%
Employees on 31-12-2025
14
▲ 7.7%
Financials
Score breakdownraises riskSector: Warehousing and support activities for transportation (NACE 52)lowers riskFounded in 1976Liquidity: current ratio 1.97, cash €325,137Equity €1.1m (63.2% of total assets)Show the evidence

Checked score

Score 2025
98 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 85% of small companies in warehousing and transport support (NACE 52)
Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Strong
Solvency 88+12
equity 63.2% of total assets
Liquidity 57+15
short-term debt 35.3% · cash 18.0%
Profitability 98-2
return on assets 23.8%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (596 companies, NACE 52, small)
Last 24 months 12-2024: 0.3% 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.2%▼ -0.1 percentage points vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.4%▲ +0.2 percentage points vs 07-2026 09-2026: 0.4%● unchanged vs 08-2026highest value 10-2026: 0.1%▼ -0.3 percentage points vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value
Credit of up to €110,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.97 (1.22 in 2024), above the usual 1.5. Short-term debt is 35.3% and cash 18% of total assets. 36.8% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 52, small). It does better than 79% of them on solvency, 75% on liquidity, 96% on profitability and 91% on growth.

The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 1976
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Liquidity: current ratio 1.97, cash €325,137
NBB · annual accounts
raises risk · Sector: Warehousing and support activities for transportation (NACE 52)
KBO
lowers risk · Equity €1.1m (63.2% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-06-2026, 36 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
36 days early
2024
45 days early
2023
114 days early
2022
124 days early
2021
53 days early
2020
66 days early
2019
57 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 71 days before the deadline. In the sector (NACE 52), the median for financial year 2024 was 8 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 8 June (4 of the last 5 accounts filed within 60 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Equity rose in 2025from €712,691 to €1.1m ▲ 60.3% View
  • Positive: 7th oldest company in Zulte, Transport and storage sectorin the Checked rankings No. 7 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €429,705 8 years View

Recent changes

  1. · Gazette deed Resignation: De Drie Essen NV (class B director)Appointment: Michael Meyers (class B director)
  2. · Gazette deed 2 directors appointed, 2 directors resigningResignation: Hardip Rai (class A director) · Appointment: Elizabeth Gildea (class A director) · Permanent representatives: Bernard Van Colenberghe and Frank Van Colenberghe
  3. · Gazette deed 3 directors appointed, 2 directors resigningResignations: Franciscus (Frans) van Helden (director) and Gerben Paauwe (director) · Appointments: Hardip Rai (class A director) and Baker Tilly Bedrijfsrevisoren BV (statutory auditor) · Permanent representatives: Bernard Van Colenberghe and Frank Van Colenberghe
All 18 events

Companies linked to HERVE COLDSTORE

Comparable companies

These companies have the same main activity as HERVE COLDSTORE: warehousing and storage (NACE 52100). They are comparable in size and age: total assets between €1.5m and €4m, founded between 1982 and 1995.

CompanyTotal assetsGross margin
HERVE COLDSTORE Zulte€1.8m€1.5m
VERHELST PORT OPERATORS Oudenburg€3.2m€1.5m
DELTA WAREHOUSING Hamont-Achel€1.5m€1.2m
G5 LOGISTICS Ans€2.2m€1.0m
JODIFROST Kapelle-op-den-Bos€4.0m€1.3m
FALOBO Wevelgem€2.8m€1.1m
CORRAL Antwerpen€2.7m€1.7m
Full comparison

Key facts about HERVE COLDSTORE
What is the company number of HERVE COLDSTORE?
The company number of HERVE COLDSTORE is 0416.588.175. The VAT number is the same number with BE in front: BE 0416.588.175.
Where is HERVE COLDSTORE based?
The registered office is at Oude Waalstraat 250, 9870 Zulte.Company details
What does HERVE COLDSTORE do?
According to the KBO register, the main activity is warehousing and storage (NACE 52100).
What is the legal form of HERVE COLDSTORE?
The legal form of HERVE COLDSTORE is Public limited company (NV).
When was HERVE COLDSTORE founded?
HERVE COLDSTORE was founded on 29-11-1976.
Is HERVE COLDSTORE still active?
Yes, HERVE COLDSTORE is an active enterprise in the KBO register.
How many employees does HERVE COLDSTORE have?
HERVE COLDSTORE had an average of 13.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does HERVE COLDSTORE fall under?
In its 2025 annual accounts, HERVE COLDSTORE states joint committees 140.03 (Paritair Subcomité voor het wegvervoer en de logistiek voor rekening van derden) and 226 (Paritair Comité voor de bedienden uit de internationale handel, het vervoer en de logistiek).
What is the turnover of HERVE COLDSTORE?
The turnover in financial year 2025 is ≈ €2.6m. This figure is estimated from the gross margin of €1.5m and 1,584 comparable companies of the same size. It probably lies between €1.8m and €4.3m. It is a rough estimate.
Is HERVE COLDSTORE profitable?
In financial year 2025, HERVE COLDSTORE made a profit of €429,705.
Where can I find the annual accounts of HERVE COLDSTORE?
HERVE COLDSTORE filed 48 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of HERVE COLDSTORE due?
HERVE COLDSTORE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

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