Costa Construct
ActiveThe file of Costa Construct contains 1 historical bankruptcy publication and 1 administrative flag, as published in the Belgian State Gazette.
Summary
The computed 12-month bankruptcy probability is 10.9% (high). The 2024 annual accounts show equity of €49k and a net result of €47k. Equity is growing by ~39.9% per year across the filed fiscal years. Its solvency ranks better than 43% of 36375 sector peers (fiscal year 2024).
Checked score
Score 2024
44
/ 100
Weak
A high bankruptcy probability caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+100
Solvency65▼-35
Growth82▲+50
Track record69
Bankruptcy probability, 12 months
10.9%
High
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days only on tighter terms
Liquidity ample (current ratio 1.68; short-term debt: 59.6% and cash: 0.5% of total assets), but 59.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
40.4%
Return on assets
38.9%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-10-2025, 71 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
71 d late
2023
190 d late
2022
31 d late
2021
306 d late
2020
152 d late
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publicationsPublications
Address struckAddress strikeout annulled
Financials · fiscal year 2024, micro schema
Turnover
€123k▲ 17.6%
2023 · €104k
2023: €104k
2024: €123k▲ +17.6% vs 2023
2023 → 2024
EBIT margin
51.2%▲ 58.9pp
2023 · -7.7%
2023: -7.7%
2024: 51.2%▲ +769% vs 2023
2023 → 2024
Net result
€47k
2023 · €-11k
2020: €2k
2021: €5k▲ +197% vs 2020
2022: €-694▼ -113% vs 2021
2023: €-11k▼ -1427% vs 2022lowest in 5 years
2024: €47k▲ +544% vs 2023highest in 5 years
2020 → 2024
Working capital
€49k▲ 396%
2022 · €10k
2020: €-5k
2021: €-10k▼ -94.1% vs 2020lowest value
2022: €10k▲ +202% vs 2021
2024: €49khighest value
2020 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€104k€123k▲ 17.6%
2023: €104k
2024: €123k▲ +17.6% vs 2023
Equity€8k-€13k▲ 68.1%€12k▼ 5.3%€2k▼ 85.6%€49k▲ 2,630%
2020: €8k
2021: €13k▲ +68.1% vs 2020
2022: €12k▼ -5.3% vs 2021
2023: €2k▼ -85.6% vs 2022lowest in 5 years
2024: €49k▲ +2630% vs 2023highest in 5 years
Operating result€2k-€9k▲ 317%€514▼ 94.5%€-8k€63k
2020: €2k
2021: €9k▲ +317% vs 2020
2022: €514▼ -94.5% vs 2021
2023: €-8k▼ -1658% vs 2022lowest in 5 years
2024: €63k▲ +886% vs 2023highest in 5 years
Net result€2k-€5k▲ 197%€-694€-11k▼ 1,427%€47k
2020: €2k
2021: €5k▲ +197% vs 2020
2022: €-694▼ -113% vs 2021
2023: €-11k▼ -1427% vs 2022lowest in 5 years
2024: €47k▲ +544% vs 2023highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €63k after a loss of €8k in 2023, the highest result in the available series.
Balance-sheet composition
Equity and liabilities €121k
Equity
€49k
Debt
€72k
Debt finances 59.6% of the balance-sheet total.
Key figures and ratios
Current ratio
1.68
Debt to equity
1.47
ROE
96.3%
ROA
38.9%
Debt ≤ 1 year
€72k
Income taxes
€16k▲
2023 · €-517
Staff costs
€13k▲
2023 · €838
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 36 lines
Balance sheet
Code20232024
Assets
Total assets20/58€2k€121k▲
Fixed assets21/28€0-
Financial fixed assets28€0-
Current assets29/58€2k€121k▲
Amounts receivable within one year40/41€1k€120k▲
Trade receivables40-€98k
Other amounts receivable41€1k€22k▲
Cash at bank and in hand54/58€450€569▲
Equity and liabilities
Total equity and liabilities10/49€2k€121k▲
Equity10/15€2k€49k▲
Contributions10/11€6k€6k=
Capital10€6k€6k=
Issued capital100€6k€6k=
Profit (loss) carried forward14€-4k€43k▲
Amounts payable17/49-€72k
Amounts payable within one year42/48-€72k
Trade debts44-€48k
Bills of exchange payable441-€48k
Taxes, remuneration and social security45-€24k
Taxes450/3-€18k
Remuneration and social security454/9-€6k
Income statement
Code20232024
Turnover70€104k€123k▲
Goods, raw materials, services and sundry goods60/61€107k€47k▼
Remuneration, social security and pensions62€838€13k▲
Other operating charges640/8€4k-
Gross operating margin9900€-3k€76k▲
Operating profit (loss)9901€-8k€63k▲
Financial charges65/66B€3k€150▼
Recurring financial charges65€585€150▼
Non-recurring financial charges66B€3k-
Profit (loss) for the period before taxes9903€-11k€63k▲
Income taxes67/77€-517€16k▲
Profit (loss) for the period9904€-11k€47k▲
Profit (loss) for the period to be appropriated9905€-11k€47k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-4k€43k▲
Profit (loss) brought forward from the previous period14P€6k€-4k▼
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | €104k | €123k | ▲ 17.6% |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €107k | €47k | ▼ 56.1% |
| Remuneration, social security and pensions62 | - | €11k | €4k | €838 | €13k | ▲ 1,428% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3k | €8k | €233 | - | - | - |
| Other operating charges640/8 | - | €905 | €398 | €4k | - | - |
| Non-recurring operating charges66A | - | - | €22k | - | - | - |
| Gross operating margin9900 | €6k | €29k | €27k | €-3k | €76k | ▲ 2,742% |
| Operating profit (loss)9901 | €2k | €9k | €514 | €-8k | €63k | ▲ 886% |
| Financial charges65/66B | - | €3k | €1k | €3k | €150 | ▼ 95.2% |
| Recurring financial charges65 | €0 | €3k | €1k | €585 | €150 | ▼ 74.4% |
| Non-recurring financial charges66B | - | - | - | €3k | - | - |
| Profit (loss) for the period before taxes9903 | €2k | €7k | €-694 | €-11k | €63k | ▲ 665% |
| Income taxes67/77 | €448 | €1k | - | €-517 | €16k | ▲ 3,135% |
| Profit (loss) for the period9904 | €2k | €5k | €-694 | €-11k | €47k | ▲ 544% |
| Profit (loss) for the period to be appropriated9905 | €2k | €5k | €-694 | €-11k | €47k | ▲ 544% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €190k | €99k | €59k | €2k | €121k | ▲ 6,658% |
| Fixed assets21/28 | €13k | €23k | €3k | €0 | - | - |
| Tangible fixed assets22/27 | €12k | €22k | €1k | - | - | - |
| Furniture and vehicles24 | - | €22k | €1k | - | - | - |
| Financial fixed assets28 | €763 | €763 | €1k | €0 | - | - |
| Current assets29/58 | €177k | €76k | €56k | €2k | €121k | ▲ 6,658% |
| Amounts receivable within one year40/41 | €152k | €71k | €43k | €1k | €120k | ▲ 8,883% |
| Trade receivables40 | - | €8k | €2k | - | €98k | - |
| Other amounts receivable41 | - | €63k | €41k | €1k | €22k | ▲ 1,556% |
| Cash at bank and in hand54/58 | €25k | €5k | €14k | €450 | €569 | ▲ 26.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €190k | €99k | €59k | €2k | €121k | ▲ 6,658% |
| Equity10/15 | €8k | €13k | €12k | €2k | €49k | ▲ 2,630% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Capital10 | - | €6k | €6k | €6k | €6k | = |
| Issued capital100 | - | €6k | €6k | €6k | €6k | = |
| Profit (loss) carried forward14 | €2k | €7k | €6k | €-4k | €43k | ▲ 1,119% |
| Amounts payable17/49 | €182k | €86k | €46k | - | €72k | - |
| Amounts payable within one year42/48 | €182k | €86k | €46k | - | €72k | - |
| Trade debts44 | €135k | €45k | €31k | - | €48k | - |
| Suppliers440/4 | - | €45k | €31k | - | - | - |
| Bills of exchange payable441 | - | - | - | - | €48k | - |
| Taxes, remuneration and social security45 | - | €22k | €155 | - | €24k | - |
| Taxes450/3 | - | €8k | - | - | €18k | - |
| Remuneration and social security454/9 | - | €13k | €155 | - | €6k | - |
| Other amounts payable47/48 | - | €19k | €15k | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2k | €5k | €-694 | €-11k | €47k | ▲ 544% |
| + Depreciation and write-downs630 | €3k | €8k | €233 | - | - | - |
| Operating cash flow (approximation) | €5k | €13k | €-461 | €-11k | €47k | ▲ 544% |
| Investment in fixed assets (approximation) | - | €-18k | €20k | €3k | - | - |
| Change in cash | - | €-20k | €9k | €-13k | €119 | ▲ 101% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
10-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 71 days late
18-08
KBO administration
Address strikeout annulled
25-07
KBO administration
Address struck
12-06
Bankruptcy
Judicial dissolution
Ondernemingsrechtbank Brussel
06-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 190 days late
2024
31-12
Financial
Back to profitnet €47k
Net result €47k after 2 loss-making years.
2023
31-12
Financial
Weakest financial yearnet €-11k
Net result drops to €-11k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
02-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 306 days late
2021
30-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 152 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
9 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2019
Ground area
525 m²
Building footprint
454 m²
Volume, LiDAR
6,642 m³
2 parcels, Brussels · tallest building 19.4 m, ±5 floors. Linked by address, not a title deed.
53
companies at this address
See who is registered here
1 establishment unit
Costa Construct
since 20192.337.126.314
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21803C0379/00S000 | Brussels | 429 m² | 1 · 404 m² | 19.4 m · 5 fl. |
| 21812N0745/00M000 | Brussels | 96 m² | 1 · 49 m² | 16.3 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Recognitions · licences · registrations
Legal Entity Identifier
6994006MQQG2XSARSL25
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Of 4,271 companies in sector 43230 we hold annual accounts for 1,240. 1,022 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded10-10-2019
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43230Insulation installation
43350Other building finishing work
43990Other specialised construction activities
81210General cleaning of buildings
Scores and ratios are computed by Checked and are not a credit decision.