Turnover
≈ €33,000 estimated
The micro format states no turnover.
COSSTRUCT XPERT
Overview
Lifetime
1 annual account with figurespeak €3,531 (2025)
€3,531
peak €2,800 (2025)
€2,800
peak €8,800 (2025)
€8,800
€6,864
Board1 name since 2025
1 directorBORGES MONTEIRO Adalberto
Documentsfilings and deeds
20-07-202611 days before the deadline
2025micro format
Incorporation 23-011 establishment registeredFirst year with figures
Key points
from the 2025 annual accountsStarting capital
€6,000 100 shares
Position in the sector
€8,800
Less equity than 84% of companies in specialised construction. Sector median €57,715 · 35,131 companies.
Checked score
54
Fair
Financially stronger than 48% of micro companies in specialised construction (NACE 43)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.0% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
02-2026: 2.0%
03-2026: 2.0%● unchanged vs 02-2026
04-2026: 2.0%● unchanged vs 03-2026
05-2026: 2.4%▲ +0.4 percentage points vs 04-2026
06-2026: 2.5%▲ +0.1 percentage points vs 05-2026
07-2026: 2.8%▲ +0.3 percentage points vs 06-2026highest value
08-2026: 1.8%▼ -1.0 percentage point vs 07-2026lowest value
09-2026: 2.0%▲ +0.2 percentage points vs 08-2026
10-2026: 2.0%● unchanged vs 09-2026
11-2026: 2.0%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Founded in 2025
Size: total assets €15,664
Sector: Specialised construction activities (NACE 43)
Liquidity: current ratio 2.28, cash €308
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 43, micro). It does better than 61% of them on solvency, 20% on liquidity and 64% on profitability.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 11,279 companies had the same profile as COSSTRUCT XPERT has now. Each dot stands for 29 companies, two years later.
96.6%
were still trading
2.6%
stopped another way
0.7%
went bankrupt
The bankruptcy probability of COSSTRUCT XPERT itself is higher: 2.0% within 12 months. It rests on far more data about COSSTRUCT XPERT than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 11,279 companies, not a prediction for COSSTRUCT XPERT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
raises riskneutral
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 20-07-2026, 11 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
11 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1018974508
Incorporation
Founding capital of €6,000, 100 shares · Founder: BORGES MONTEIRO Adalberto · Appointment: BORGES MONTEIRO Adalberto (director) · published on 23-01-2025 · Gazette deed
First establishment
Vanderhoevenstraat 2, Saint-Josse-ten-Noode
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| COSSTRUCT XPERT Saint-Josse-ten-Noode | €15,664 | €3,531 | 56.2% | - |
| N ROCHA CONSTRUCT Sint-Gillis (bij-Brussel) | €14,961 | €2,451 | 6.7% | - |
| BAMEL GROUP Anderlecht | €12,406 | €5,094 | 43.7% | - |
| ABC RENO Kraainem | €15,555 | €5,854 | 30.1% | - |
| KB-AQUA Woluwe-Saint-Lambert | €19,371 | €6,287 | 23.1% | - |
| ARCR Anderlecht | €19,605 | €2,957 | 23.5% | - |
| AVNI Construct Anderlecht | €12,178 | €7,185 | 54.9% | - |
These companies have the same main activity as COSSTRUCT XPERT: insulation installation (NACE 43230). They are comparable in size and age: total assets between €12,200 and €19,600, founded between 2024 and 2025.
Official details
Source: KBO- Status
- Active since 21-01-2025Normal situation
- Activity
- Insulation installationNACE 43230
- Establishment unit
- 2.369.019.0231210 Saint-Josse-ten-Noode, since 21-01-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 04-02-2026
Annual accounts 2025
- €3,531
- €2,800
- €8,800
- €15,664
- Filing
- Filed on 20-07-2026, 11 days before the end of the filing period
Insights on COSSTRUCT XPERT
The computed 12-month bankruptcy probability of COSSTRUCT XPERT is 2.0% (moderate). The 2025 annual accounts show equity of €8,800 and a net result of €2,800.
Its solvency ranks better than 61% of 35,119 sector peers (NACE 43, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 20-07-2026, 11 days before the deadline€3,531
€3,531
€2,800
€8,800
56.2%
2.28
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €33,000. Estimated: probably between €19,000 and €76,000.
Balance sheet
balance sheet total €15,664 on 31-12-2025What the company ownsHow it is paid for
Position in the sector
56.2%
Higher than 61% of 35,119 companies in 2025.
2.28
Higher than 61% of 34,493 companies in 2025.
17.9%
Higher than 74% of 34,694 companies in 2025.
COSSTRUCT XPERT
Middle half of the sector
80% of the sector
Micro accounts in specialised construction (NACE 43)
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
15,664 | |
29/58 |
15,664 | |
40/41 |
15,356 | |
40 |
8,440 | |
41 |
6,916 | |
54/58 |
308 | |
| Balance sheet: equity and liabilities | ||
10/49 |
15,664 | |
10/15 |
8,800 | |
10/11 |
6,000 | |
14 |
2,800 | |
17/49 |
6,864 | |
42/48 |
6,864 | |
45 |
6,638 | |
450/3 |
6,638 | |
47/48 |
226 | |
| Income statement | ||
9900 |
3,531 | |
9901 |
3,531 | |
65/66B |
24 | |
65 |
24 | |
9903 |
3,508 | |
67/77 |
708 | |
9904 |
2,800 | |
9905 |
2,800 | |
| Appropriation of the result | ||
9906 |
2,800 | |
| Document | ||
The notes to these accounts have 1 item. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 20-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 20-07-2026 | 2026-00331222 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 |
|---|---|---|
| 8,800 | ||
| 56.2% | ||
| 2.28 | ||
| 0.78 | ||
| 31.8% | ||
| 17.9% |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Insights on COSSTRUCT XPERT
Debt's share of the balance-sheet total is 43.8%.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
appointed by deed of 23-01-2025
term without a fixed end
Mandates through the years
1 name, the dashed line is todayBORGES MONTEIRO Adalberto
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- BORGES MONTEIRO Adalberto
- Director (not named in the articles), appointed by deed of 23-01-2025, still in office
Control
Capital
- Contribution
- €6,000
- Shares
- 100
- Contribution per share
- €60
- Equity per share
- €88.00 in 2025
- Source
- deed of 23-01-2025
Articles of association
deed of 23-01-2025 (in French)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Friday of May at 18:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Shareholders
At incorporation
deed of 23-01-2025 ↗
- BORGES MONTEIRO Adalberto 100 shares (100%) · €6,000
Network & group
No group
COSSTRUCT XPERT has no parent and no holdings in its annual accounts. BORGES MONTEIRO Adalberto is the only director. COSSTRUCT XPERT shares no director with another company.
At the same address
Vanderhoevenstraat 2, 1210 Saint-Josse-ten-Noode · 2 other companies| Ouaâzizi, Mostafa (sole trader)
establishment since 15-10-2018 |
founded in 2018 0708.978.839 |
| ASSOCIATION MAROCAINE POUR LA PROMOTION CULTURELLE ET ARTISTIQUE
registered office since 27-10-2009 |
founded in 2009 0820.087.092 |
Timeline
Timeline
4 events since 2025Filings
Establishments
20252026
2026
Annual accounts 2025 filed NBBmicro format · 11 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:1018974508
2025
IncorporationFounding capital of €6,000, 100 shares · Founder: BORGES MONTEIRO Adalberto · Appointment: BORGES MONTEIRO Adalberto (director) · published on 23-01-20255 points ▸
- Founder, BORGES MONTEIRO Adalberto
- Founding capital, €6,000, 100 shares
- Registered office clause, rue Vanderhoeven 2/0002, 1210 Saint-Josse-ten-Noode
- Board rule, 1
- Director appointment, BORGES MONTEIRO Adalberto (director (not named in the articles))
- The deed holds 7 more points.
First establishment Vanderhoevenstraat 2, Saint-Josse-ten-Noode
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Identity
- Enterprise number
- 1018.974.508
- VAT number
- BE 1018.974.508
- Peppol ID
- 0208:1018974508
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 21-01-2025
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Friday of May at 18:00deed of 23-01-2025 (in French)
- Peppol
- Reachable since 04-02-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- COSSTRUCT XPERT in French
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 23-01-2025 (in French)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Région de Bruxelles-Capitale”deed of 23-01-2025 (in French)
Activities
NACEBEL 202543230
Insulation installation main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Toutes opérations d'entrepreneurs de bâtiments et toutes opérations techniques quelconques se rapportant à la construction,la…”deed of 23-01-2025 (in French)
2 activities
- Toutes opérations d'entrepreneurs de bâtiments et toutes opérations techniques quelconques se rapportant à la construction,la transformation,l'aménagement de tout immeuble,et notamment les travaux d'entreprises,de menuiserie,de tapisserie,de pose de revêtements des murs et sols,de cimenterie,de plafonnage,de peinture,maçonneries,et béton,taillerie de pierres et marbrerie,vitrages,zinguerie,couvertures métalliques et non métalliques,étanchéité et travaux de démolition,de même que l'installation de chauffage central et de chauffage au gaz,par appareils individuels,de tout matériel électrique,de sanitaires et de plomberie.
- Tous travaux de pose de câbles et de canalisations diverses,d'aménagement de plaines de jeux,de sport,de parcs,et cætera,installer des échafaudages et effectuer le rejointoyage et le nettoyage des façades,la construction de pavillons démontables et de baraquements non métalliques,le placement de clôtures,les travaux d'assèchement de constructions,autrement que par le bitume et l'asphalte,les entreprises d'isolation thermique et acoustique,la pose de parquets,et la pose de cloisons et de faux plafonds en bois,le placement de ferronnerie,automatisation de barrière et porte de garage,de volets et de menuiserie métallique et en chlorure de polyvinyle(en abrégé PVC),l'entreprise de placement de paratonnerres,ainsi que l'installation de ventilation et d'aération,de chauffage à air chaud,de conditionnement d'air et de tuyauteries industrielles.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Vanderhoevenstraat 2 registered office 1210 Saint-Josse-ten-Noode | 21-01-2025 | 2.369.019.023 |
Buildings and parcels at the address
- Ground area
- 93 m²
- Buildings
- 69 m²
- Volume, LiDAR
- 966 m³
- Tallest building
- 16.6 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21572C0023/00D000 | 93 m² | 1 · 69 m² | 16.6 m · 5 |
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 1018.974.508