ACTIVE

COOLWAVE

Export PDF

Financial year 2025 · closed on 30/09/2025

Net result

-6,8 k €

-149.9% YoY

Gross margin

291,1 k €

+13.2% YoY

Equity

41,7 k €

-13.9% YoY

What does COOLWAVE do?

COOLWAVE is a Private company with limited liability incorporated in 1995. Its registered office is in Waterloo.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0455.562.280

Incorporation

29/06/1995

Legal form

Private company with limited liability

Registered office

Rue Saint-Germain 106-108
1410 Waterloo · WallonieSee on map

Contributed capital

35 944,56 €

Latest accounts

30/09/2025

Joint committees (4)

124
149
14901
200

Signals

Positive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	291,1 k €	+13.2%	257,2 k €	-4.5%	269,3 k €	+10.8%	242,9 k €	+3.3%	235,2 k €	+1.4%	231,9 k €	+23.0%	188,5 k €	-29.6%	267,6 k €	-31.0%	387,8 k €	+6.4%	364,6 k €	-17.5%	441,8 k €	+133%	189,4 k €	-59.0%	461,9 k €	+58.2%	292,1 k €	+41.0%	207,1 k €	-18.5%	254 k €	-8.4%	277,2 k €	+33.2%	208,1 k €	+43.2%	145,3 k €
EBITDA	26,5 k €	-54.4%	58 k €	-8.4%	63,4 k €	+75.1%	36,2 k €	-35.8%	56,4 k €	-42.5%	98 k €	+163%	37,3 k €	+258%	-23,6 k €	-438%	7 k €	-90.7%	75,4 k €	-49.1%	148,1 k €	+234%	-110,6 k €	-160%	185 k €	+276%	49,2 k €	+505%	8,1 k €	-88.2%	68,8 k €	-32.0%	101,3 k €	+28.4%	78,9 k €	+72.2%	45,8 k €
Operating result	17,3 k €	-70.8%	59,2 k €	+26.3%	46,9 k €	+75.0%	26,8 k €	-40.4%	45 k €	-50.3%	90,5 k €	+129%	39,5 k €	+228%	-30,8 k €	-298%	-7,7 k €	-118%	42,1 k €	-65.8%	122,9 k €	+203%	-118,9 k €	-169%	171,6 k €	+176%	62,2 k €	+471%	-16,8 k €	-158%	29 k €	-32.8%	43,1 k €	+14.6%	37,6 k €	+55.6%	24,1 k €
Net result	-6,8 k €	-150%	13,6 k €	+249%	3,9 k €	+141%	-9,4 k €	-184%	11,3 k €	-81.7%	61,7 k €	+385%	12,7 k €	+119%	-66,1 k €	-50.4%	-44 k €	-251%	29,1 k €	-64.9%	82,9 k €	+152%	-158,3 k €	-234%	118,4 k €	+8102%	1,4 k €	+1595%	-96,6 €	-101%	7,5 k €	-55.7%	17 k €	+15.4%	14,7 k €	+166%	5,5 k €
Balance sheet
Equity	41,7 k €	-13.9%	48,5 k €	+3.3%	47 k €	+9.0%	43,1 k €	-17.9%	52,5 k €	+27.3%	41,2 k €	+301%	-20,5 k €	+38.3%	-33,2 k €	-201%	32,9 k €	-52.7%	69,7 k €	-1.3%	70,6 k €	+672%	-12,3 k €	-108%	146 k €	+88.2%	77,6 k €	+1.9%	76,1 k €	-0.1%	76,2 k €	+11.0%	68,7 k €	+32.9%	51,7 k €	+39.8%	37 k €
Total assets	287,4 k €	-26.2%	389,6 k €	+3.3%	377,3 k €	-1.6%	383,3 k €	+3.7%	369,4 k €	+10.8%	333,5 k €	+8.0%	308,7 k €	-0.0%	308,8 k €	-51.8%	640,6 k €	+51.1%	423,9 k €	-16.1%	504,9 k €	-0.4%	507,1 k €	-35.6%	787,1 k €	+60.4%	490,6 k €	+12.2%	437,2 k €	-18.0%	533,5 k €	-6.5%	570,3 k €	+11.5%	511,4 k €	+1.1%	505,8 k €
Cash	18,7 k €	+12.6%	16,6 k €		–		2,8 k €		0 €	-100%	13 k €	-0.4%	13,1 k €		–		–		–		17,4 k €	-10.3%	19,4 k €	-50.2%	39 k €	+38.0%	28,3 k €		–		–		26,3 k €	+94.0%	13,6 k €	-29.1%	19,1 k €
Debts	245,6 k €	-28.0%	341,1 k €	+3.3%	330,3 k €	-0.2%	331,1 k €	+4.5%	316,9 k €	+9.5%	289,6 k €	-11.6%	327,6 k €	-3.8%	340,5 k €	-44.0%	607,6 k €	+71.6%	354,2 k €	-18.4%	434,1 k €	-16.0%	516,7 k €	-18.9%	637,2 k €	+54.3%	413 k €	+14.4%	361,1 k €	-21.0%	457,3 k €	-7.8%	496,2 k €	+8.0%	459,5 k €	-1.7%	467,3 k €
Other
Workforce	–		–		–		–		–		–		–		–		7,4 ETP	+23.3%	6,0 ETP	0.0%	6,0 ETP	-3.2%	6,2 ETP	+3.3%	6,0 ETP	+1.7%	5,9 ETP	+28.3%	4,6 ETP	-4.2%	4,8 ETP	+9.1%	4,4 ETP	+22.2%	3,6 ETP	+33.3%	2,7 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 4 ended

Active mandates

Laurence BURNOTTE

Director · since 01 avril 2013

Active

Marc LENAERTS

Director · since 01 octobre 1997

Active

Ended mandates

Laurence Burnotte

Manager · since 01 avril 2013

Ended

Marc DEMOLDER

Manager · since 12 septembre 2002

Ended

MARC DEMOLDER

Manager · since 12 septembre 2002 · until 17 mars 2010

Ended

MARC LENAERTS

Manager · since 01 octobre 1997

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/04/2026	30/04/2025	30/04/2024	03/05/2023	08/04/2022	06/07/2021
General meeting	31/03/2026	11/03/2025	12/03/2024	14/03/2023	08/03/2022	09/03/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/09/2025	31/03/2026	30/04/2026	French	PDF
Micro model	30/09/2024	11/03/2025	30/04/2025	French	PDF
Micro model	30/09/2023	12/03/2024	30/04/2024	French	PDF
Micro model	30/09/2022	14/03/2023	03/05/2023	French	PDF
Micro model	30/09/2021	08/03/2022	08/04/2022	French	PDF
Micro model	30/09/2020	09/03/2021	06/07/2021	French	PDF
Micro model	30/09/2019	10/03/2020	29/04/2020	French	PDF
Micro model	30/09/2018	15/03/2019	25/04/2019	French	PDF
Abridged model	30/09/2017	27/03/2018	08/05/2018	French	PDF
Abridged model	30/09/2016	30/03/2017	02/05/2017	French	PDF
Abridged model	30/09/2015	11/12/2015	18/03/2016	French	PDF
Abridged model	30/09/2014	10/03/2015	13/03/2015	French	PDF
Abridged model	30/09/2013	11/03/2014	10/04/2014	French	PDF
Abridged model	30/09/2012	29/03/2013	30/04/2013	French	PDF
Abridged model	30/09/2011	13/03/2012	12/04/2012	French	PDF
Abridged model	30/09/2010	29/03/2011	27/05/2011	French	PDF
Abridged model	30/09/2009	31/03/2010	30/04/2010	French	PDF
Abridged model	30/09/2008	10/03/2009	02/06/2009	French	PDF
Abridged model	30/09/2007	11/03/2008	03/06/2008	French	PDF
Abridged model	30/09/2006	13/03/2007	13/04/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 4 ended

Active mandates

Laurence BURNOTTE

Director · since 01 avril 2013

Active

Marc LENAERTS

Director · since 01 octobre 1997

Active

Ended mandates

Laurence Burnotte

Manager · since 01 avril 2013

Ended

Marc DEMOLDER

Manager · since 12 septembre 2002

Ended

MARC DEMOLDER

Manager · since 12 septembre 2002 · until 17 mars 2010

Ended

MARC LENAERTS

Manager · since 01 octobre 1997

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates03/07/2018
DEMISSIONS, NOMINATIONS
PDF
Mandates14/06/2013
DEMISSIONS, NOMINATIONS
PDF
Mandates18/05/2011
DEMISSIONS, NOMINATIONS
PDF
Registered office10/12/2008
SIEGE SOCIAL
PDF
Mandates13/10/2003
DEMISSIONS, NOMINATIONS
PDF
Mandates17/10/2002
DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE - CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025-6,8 k €↓
2024
Annual accounts 202413,6 k €↑
2023
Annual accounts 20233,9 k €↑
2022
Annual accounts 2022-9,4 k €↓
2021
Annual accounts 202111,3 k €↓
2020
Annual accounts 202061,7 k €↑
2019
Annual accounts 201912,7 k €↑
2018
Annual accounts 2018-66,1 k €↓
2017
Annual accounts 2017-44 k €↓
2015
Annual accounts 201529,1 k €↓
2014
Annual accounts 201482,9 k €↑
2013
Annual accounts 2013-158,3 k €↓
2012
Annual accounts 2012118,4 k €↑
2011
Annual accounts 20111,4 k €↑
2010
Annual accounts 2010-96,6 €↓
2009
Annual accounts 20097,5 k €↓
2008
Annual accounts 200817 k €↑
2007
Annual accounts 200714,7 k €↑
2006
Annual accounts 20065,5 k €
29/06/1995
IncorporationPrivate company with limited liability

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

COOLWAVE

Overview

What does COOLWAVE do?

Trend over 19 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline