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Costa Construct

Active
Private limited companyfounded 2019active for 7 yearsBarricadenplein 1, 1000 Brussel, Belgium57 active companies are registered at this addressKBO/BCE: BE 0735.946.819
Summary

The computed 12-month bankruptcy probability of Costa Construct is at least 25% (high). The 2024 annual accounts show equity of €48,887 and a net result of €47,097. Equity is growing by about 40% per year across the filed financial years. Its solvency ranks better than 43% of 35,976 sector peers (NACE 43, financial year 2024). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 3 administrative register entries (see administrative flags).

Financials · financial year 2024, micro format

2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 24 October 2026.

Turnover
€122,834▲ 17.6%
2023 · €104,428
EBIT margin
51.2%▲ 58.9pp
2023 · -7.7%
Net result
€47,097
2023 · -€10,602
Working capital
€48,887▲ 396%
2022 · €9,862
Trend over the years

2020 to 2024, 5 financial years

The operating result returns to profit in 2024: €62,945 after a loss of €8,005 in 2023, the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Turnover€122,834 2024 Operating result€62,945 2024 Net result€47,097 2024

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20202021202220232024
Turnover€104,428€122,834▲ 17.6%
Operating result€2,235-€9,327▲ 317%€514▼ 94.5%-€8,005€62,945
Net result€1,787within the sector's middle half-€5,300within the sector's middle half▲ 197%-€694below the sector's middle half-€10,602below the sector's middle half▼ 1,427%€47,097above the sector's middle half
EBIT margin-7.7%51.2%▲ 58.9pp
Equity€7,787below the sector's middle half-€13,087below the sector's middle half▲ 68.1%€12,392below the sector's middle half▼ 5.3%€1,791below the sector's middle half▼ 85.6%€48,887within the sector's middle half▲ 2,630%
Total assets€190,010within the sector's middle half-€99,005within the sector's middle half▼ 47.9%€58,882below the sector's middle half▼ 40.5%€1,791below the sector's middle half▼ 97.0%€120,994within the sector's middle half▲ 6,658%
Debt€182,223-€85,919▼ 52.8%€46,490▼ 45.9%€72,107
Working capital-€4,977below the sector's middle half--€9,659below the sector's middle half▼ 94.1%€9,862within the sector's middle half€48,887within the sector's middle half
Solvency4.1%below the sector's middle half-13.2%below the sector's middle half▲ 9.1pp21.0%below the sector's middle half▲ 7.8pp40.4%within the sector's middle half
Current ratio0.97below the sector's middle half-0.89below the sector's middle half▼ 0.091.21within the sector's middle half▲ 0.321.68within the sector's middle half
Return on assets (ROA)0.9%within the sector's middle half-5.4%within the sector's middle half▲ 4.4pp-1.2%below the sector's middle half▼ 6.5pp38.9%above the sector's middle half
above within below the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
Equity and liabilities €120,994
Equity €48,887
Debt €72,107
Debt finances 59.6% of the balance-sheet total.
Key figures and ratios
2024 value · change against 2023
Debt to equity
1.47
ROE
96.3%
Debt ≤ 1 year
€72,107
Income taxes
€15,699▲
2023 · -€517
Staff costs
€12,802▲
2023 · €838
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 26,974 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 94.9% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
3.5% stopped otherwise
94.9% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: ≥ 25% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 26,974 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 36 lines
Balance sheet Code20232024
Assets
Total assets20/58€1,791€120,994▲
Fixed assets21/28€0-
Financial fixed assets28€0-
Current assets29/58€1,791€120,994▲
Amounts receivable within one year40/41€1,341€120,425▲
Trade receivables40-€98,229
Other amounts receivable41€1,341€22,196▲
Cash at bank and in hand54/58€450€569▲
Equity and liabilities
Total equity and liabilities10/49€1,791€120,994▲
Equity10/15€1,791€48,887▲
Contributions10/11€6,000€6,000=
Capital10€6,000€6,000=
Issued capital100€6,000€6,000=
Profit (loss) carried forward14-€4,209€42,887▲
Amounts payable17/49-€72,107
Amounts payable within one year42/48-€72,107
Trade debts44-€47,899
Bills of exchange payable441-€47,899
Taxes, remuneration and social security45-€24,208
Taxes450/3-€17,949
Remuneration and social security454/9-€6,259
Income statement Code20232024
Turnover70€104,428€122,834▲
Goods, raw materials, services and sundry goods60/61€107,294€47,087▼
Remuneration, social security and pensions62€838€12,802▲
Other operating charges640/8€4,300-
Gross operating margin9900-€2,867€75,747▲
Operating profit (loss)9901-€8,005€62,945▲
Financial charges65/66B€3,114€150▼
Recurring financial charges65€585€150▼
Non-recurring financial charges66B€2,530-
Profit (loss) for the period before taxes9903-€11,119€62,796▲
Income taxes67/77-€517€15,699▲
Profit (loss) for the period9904-€10,602€47,097▲
Profit (loss) for the period to be appropriated9905-€10,602€47,097▲
Appropriation of the result
Profit (loss) to be appropriated9906-€4,209€42,887▲
Profit (loss) brought forward from the previous period14P€6,392-€4,209▼

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Turnover70---€104,428€122,834▲ 17.6%
Goods, raw materials, services and sundry goods60/61---€107,294€47,087▼ 56.1%
Remuneration, social security and pensions62-€10,622€4,255€838€12,802▲ 1,428%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,000€8,199€233---
Other operating charges640/8-€905€398€4,300--
Non-recurring operating charges66A--€21,983---
Gross operating margin9900€5,961€29,054€27,382-€2,867€75,747-
Operating profit (loss)9901€2,235€9,327€514-€8,005€62,945-
Financial charges65/66B-€2,559€1,208€3,114€150▼ 95.2%
Recurring financial charges65€0€2,559€1,208€585€150▼ 74.4%
Non-recurring financial charges66B---€2,530--
Profit (loss) for the period before taxes9903€2,234€6,769-€694-€11,119€62,796-
Income taxes67/77€448€1,469--€517€15,699-
Profit (loss) for the period9904€1,787€5,300-€694-€10,602€47,097-
Profit (loss) for the period to be appropriated9905€1,787€5,300-€694-€10,602€47,097-
Line20202021202220232024Change
Assets
Total assets20/58€190,010€99,005€58,882€1,791€120,994▲ 6,658%
Fixed assets21/28€12,763€22,746€2,530€0--
Tangible fixed assets22/27€12,000€21,983€1,167---
Furniture and vehicles24-€21,983€1,167---
Financial fixed assets28€763€763€1,363€0--
Current assets29/58€177,247€76,259€56,352€1,791€120,994▲ 6,658%
Amounts receivable within one year40/41€151,900€71,314€42,616€1,341€120,425▲ 8,883%
Trade receivables40-€8,152€1,516-€98,229-
Other amounts receivable41-€63,162€41,100€1,341€22,196▲ 1,556%
Cash at bank and in hand54/58€25,346€4,945€13,736€450€569▲ 26.5%
Equity and liabilities
Total equity and liabilities10/49€190,010€99,005€58,882€1,791€120,994▲ 6,658%
Equity10/15€7,787€13,087€12,392€1,791€48,887▲ 2,630%
Contributions10/11€6,000€6,000€6,000€6,000€6,000=
Capital10-€6,000€6,000€6,000€6,000=
Issued capital100-€6,000€6,000€6,000€6,000=
Profit (loss) carried forward14€1,787€7,087€6,392-€4,209€42,887-
Amounts payable17/49€182,223€85,919€46,490-€72,107-
Amounts payable within one year42/48€182,223€85,919€46,490-€72,107-
Trade debts44€135,274€45,410€31,369-€47,899-
Suppliers440/4-€45,410€31,369---
Bills of exchange payable441----€47,899-
Taxes, remuneration and social security45-€21,822€155-€24,208-
Taxes450/3-€8,383--€17,949-
Remuneration and social security454/9-€13,440€155-€6,259-
Other amounts payable47/48-€18,686€14,966---
Line20202021202220232024Change
Profit (loss) for the period9904€1,787€5,300-€694-€10,602€47,097-
+ Depreciation and write-downs630€3,000€8,199€233---
Operating cash flow (approximation)€4,787€13,499-€461-€10,602€47,097-
Investment in fixed assets (approximation)--€18,182€19,983€2,530--
Change in cash--€20,401€8,791-€13,286€119-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (5)
Financial year Type Filed Reference
31-12-2024 micro format 10-10-2025 2025-00542414
31-12-2023 micro format 06-02-2025 2025-00031202
31-12-2022 micro format 31-08-2023 2023-00429187
31-12-2021 micro format 02-06-2023 2023-00115407
31-12-2020 micro format 30-12-2021 2021-82500073

Similar companies · same sector, comparable size

Of the 4,215 active companies whose main activity is insulation installation (NACE 43230), figures are known for 1,257. 1,032 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.