Checked.be
Active
BE 0770.635.504Private limited company
PERMACOOL
Rue de Noirhat 3 ·1490 Court-Saint-Etienne, Belgium· 5 yrs active
Sector: Growing of vegetables, melons, roots and tubers
(01130)
Conclusion
PERMACOOL has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €125k and a net result of €-14k. Equity remains stable across the filed fiscal years (±1.9% per year). Its solvency ranks better than 78% of 3045 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Based on the State Gazette, CBE and 4 annual accounts.
Key figures
| Equity | €125k |
| Net result | €-14k |
| Better than sector | 78% |
| Active | 5 yrs |
Financial profile
50
/ 100
Mixed profile: strong on stability, weaker on profitability.
All 5 axes are computed from data Checked has read.
Health
45
Profitability
0
Solvency
77
Growth
32
Stability
94
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
More than 3 years active
Founded in 2021, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
45
/ 100
Fair
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€6k
estimate, not credit advice
Score history
68
2022
61
2023
45
2024
45
2025
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 0.97 (< 1.0)
-10
Leverage
Debt/equity 0.48 (< 1.0)
+10
Profitability
Negatieve ROE -11%
-10
Interest coverage
Interest coverage 39.8× (≥ 3×)
+8
Profit trend
Net profit down YoY
-3
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 24-08-2026 with the NBB · fiscal year 2025 · micro schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
volatile
Too volatile to project: the yearly deviation from the trend is ~217% of the level (threshold 35%). We therefore deliberately show no projection line.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2025 · NACE 01, Crop and animal production, hunting and related service activities · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 67.5% | 33.3% | |
| Net result | €-14k | €7k | |
| Equity | €125k | €88k | |
| Gross operating margin | €12k | €48k | |
| Total assets | €185k | €336k |
€8k
-64.4%
22-25
€-14k
-972.2%
22-25
€8k
-64.3%
22-25
€185k
-19.0%
22-25
€125k
-10.2%
22-25
€-1k
+93.9%
22-25
€263
-62.4%
22-25
€60k
-32.8%
22-25
€44k
-35.4%
22-25
€16k
-24.1%
22-25
0.97
+39.5%
22-25
0.97
+39.5%
22-25
67.5%
+10.9%
22-25
0.48
-25.1%
22-25
-11.3%
-1093.6%
22-25
-7.7%
-1223.7%
22-25
39.82
-37.0%
22-25
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - |
| EBITDA | €8k | €24k | €24k | €146k |
| Net profit | €-14k | €-1k | €4k | €117k |
| Cash flow | €8k | €23k | €23k | €128k |
| Staff costs | - | - | - | - |
| Income taxes | - | €263 | €699 | €19k |
| Dividends | - | - | - | - |
| Total assets | €185k | €229k | €254k | €234k |
| Equity | €125k | €139k | €141k | €137k |
| Debt | €60k | €89k | €113k | €98k |
| of which ≤ 1y | €44k | €68k | €113k | €98k |
| of which > 1y | €16k | €21k | - | - |
| Working capital | €-1k | €-21k | €-42k | €-38k |
| Employees (FTE) | - | - | - | - |
Ratios (computed)
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Current ratio | 0.97 | 0.70 | 0.63 | 0.61 |
| Quick ratio | 0.97 | 0.70 | 0.63 | 0.61 |
| Working capital ratio | -0.7% | -9.1% | -16.6% | -16.0% |
| Solvency | 67.5% | 60.9% | 55.4% | 58.4% |
| Debt / equity | 0.48 | 0.64 | 0.81 | 0.71 |
| Long-term debt ratio | 0.13 | 0.15 | - | - |
| Interest coverage | 39.82 | 63.19 | 97.76 | 3794.27 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | -7.7% | -0.6% | 1.5% | 49.9% |
| ROE | -11.3% | -0.9% | 2.6% | 85.4% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Balance-sheet composition 2025
Full annual accounts (22 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €185k | €229k | €254k | €234k |
| Fixed assets | 21/28 | €142k | €181k | €183k | €174k |
| Tangible fixed assets | 22/27 | €142k | €181k | €183k | €174k |
| Current assets | 29/58 | €43k | €48k | €71k | €60k |
| Amounts receivable within one year | 40/41 | €42k | €47k | €70k | €56k |
| Cash & bank | 54/58 | €968 | €592 | €232 | €4k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €185k | €229k | €254k | €234k |
| Equity | 10/15 | €125k | €139k | €141k | €137k |
| Contributions / capital | 10/11 | €20k | €20k | €20k | €20k |
| Accumulated profits (losses) | 14 | €105k | €119k | €121k | €117k |
| Amounts payable | 17/49 | €60k | €89k | €113k | €98k |
| Amounts payable after one year | 17 | €16k | €21k | - | - |
| Amounts payable within one year | 42/48 | €44k | €68k | €113k | €98k |
| Trade debts payable within one year | 44 | €9k | €23k | €55k | €14k |
| Income statement | |||||
| Gross operating margin | 9900 | €12k | €25k | €24k | €147k |
| Operating result | 9901 | €-14k | €-682 | €5k | €136k |
| Financial income | 75 | €0 | - | - | - |
| Financial charges | 65 | €213 | €377 | €242 | €39 |
| Result before taxes | 9903 | €-14k | €-1k | €4k | €136k |
| Income taxes | 67/77 | - | €263 | €699 | €19k |
| Net result for the period | 9904 | €-14k | €-1k | €4k | €117k |
| Result to be appropriated | 9905 | €-14k | €-1k | €4k | €117k |
Legal Structure
| NACE primary | Growing of vegetables, melons, roots and tubers(01130) |
| Legal form | Private limited company(610) |
| Incorporation | 01-07-2021 |
| Status | Active |
| Postal code | 1490 |
Establishment units
Permacool
since 20212.319.721.148
Real-estate footprint
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25023H0620/00N000 | Wallonia | 1,030 m² | 1 · 72 m² | - |
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
Next filing, fiscal year 2026, expected by
2026
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 24 days late
2025
31-12
Financial
Weakest financial yearnet €-14k
Net result drops to €-14k, the lowest in the series.
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
12-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 104 days late
2023
10-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 10 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
Growing of vegetables, melons, roots and tubers01130Crop and animal production, hunting and related service activities01301Crop and animal production, hunting and related service activities01309Other information technology and computer services62900Advertising agencies73110Other business support services82990
Names & trade names
| Legal nameFR | PERMACOOL |
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