COSTA GROUP
ActiveSummary
COSTA GROUP has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-62k) and a net result of €-15k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 19357 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
26
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-5
Solvency0=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.02 against 0.47 in 2023; short-term debt: 180.9% and cash: 0% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
-80.9%
Return on assets
-20.3%
Age of the figures
21 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-62k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 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 · 9 filingsDeviation from the deadline
2025
not confirmed
2024
31 d late
2023
142 d late
2022
185 d late
2021
117 d late
2020
426 d late
2019
496 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-15k▲ 24.8%
2023 · €-21k
2018: €3k
2019: €20k
2020: €55k
2021: €19k
2022: €-61k
2023: €-21k
2018 → 2024
Working capital
€-136k▼ 13.0%
2023 · €-120k
2018: €-99k
2019: €-71k
2020: €-16k
2021: €30k
2022: €-103k
2023: €-120k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-10k-€36k€-26k€-46k▼ 80.4%€-62k▼ 33.5%
Operating result€65k-€29k▼ 56.0%€-63k€-21k▲ 67.2%€-15k▲ 25.2%
Net result€55k-€19k▼ 65.8%€-61k€-21k▲ 66.5%€-15k▲ 24.8%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €15k in 2024 against €21k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €76k
Fixed assets
€74k ▼ 3.1%
Current assets
€2k ▼ 98.0%
Key figures and ratios
EBITDA
€-13k▲
2023 · €-17k
Cash flow
€-13k▲
2023 · €-17k
Solvency
-80.9%▼
2023 · -25.4%
Current ratio
0.02▼
2023 · 0.47
Debt to equity
-2.24▲
2023 · -4.93
ROA
-20.3%▼
2023 · -11.3%
Interest coverage
-86.48▲
2023 · -188.98
Debt
€138k▼
2023 · €228k
Debt ≤ 1 year
€138k▼
2023 · €225k
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 · 35 lines
Balance sheet
Code20232024
Assets
Total assets20/58€182k€76k▼
Fixed assets21/28€77k€74k▼
Tangible fixed assets22/27€29k€27k▼
Land and buildings22€23k€22k▼
Furniture and vehicles24€6k€5k▼
Financial fixed assets28€47k€47k=
Current assets29/58€105k€2k▼
Amounts receivable within one year40/41€102k€2k▼
Trade receivables40€94k-
Other amounts receivable41€8k€2k▼
Cash at bank and in hand54/58-€11
Deferred charges and accrued income490/1€4k-
Equity and liabilities
Total equity and liabilities10/49€182k€76k▼
Equity10/15€-46k€-62k▼
Contributions10/11€6k€6k=
Profit (loss) carried forward14€-52k€-68k▼
Amounts payable17/49€228k€138k▼
Amounts payable within one year42/48€225k€138k▼
Trade debts44€53k€5k▼
Suppliers440/4€53k€5k▼
Taxes, remuneration and social security45€83k€249▼
Taxes450/3€83k€249▼
Other amounts payable47/48€90k€133k▲
Accrued charges and deferred income492/3€3k-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€2k▼
Other operating charges640/8-€242
Gross operating margin9900€-17k€-13k▲
Operating profit (loss)9901€-21k€-15k▲
Financial charges65/66B€90€150▲
Recurring financial charges65€90€150▲
Profit (loss) for the period before taxes9903€-21k€-15k▲
Profit (loss) for the period9904€-21k€-15k▲
Profit (loss) for the period to be appropriated9905€-21k€-15k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-52k€-68k▼
Profit (loss) brought forward from the previous period14P€-32k€-52k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
20-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 142 days late
01-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 185 days late
2022
31-12
Financial
Weakest financial yearnet €-61k ▼428%
Net result drops to €-61k, the lowest in the series; recovery starts the following year.
25-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 117 days late
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 426 days late
2021
09-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 496 days late
09-12
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 862 days late
2020
31-12
Financial
Highest result since 2018net €55k ▲170%
Operating result €65k, net result €55k, both a record.
2019
16-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 412 days late
2017
28-11
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 120 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Waterloo · 1 establishment unit since 2015
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Avenue des Rossignols 301410 WaterlooGround area
663 m²
Building footprint
116 m²
Parcel 25763I0851/00G004, Wallonia. Linked by address, not a title deed.
1 establishment unit
COSTA GROUP
since 20152.245.345.310
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25763I0851/00G004 | Wallonia | 663 m² | 1 · 116 m² | - |
Linked by address, not proof of ownership
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.
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Of 7,320 companies in sector 68110 we hold annual accounts for 5,381. 3,019 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded16-07-2015
Fiscal year end31-12
Activities, NACEBEL 2025
68110Buying and selling of own real estate
39000Remediation activities and other waste management service activities
68121Development of residential building projects
47781Retail sale of solid, liquid and gaseous fuels, excluding motor fuels
68201Renting and operating of own or leased residential real estate, excluding social housing
68202Real estate activities
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.