COSTELLO
ActiveSummary
The computed 12-month bankruptcy probability of COSTELLO is 3.3% (moderate). The 2024 annual accounts show negative equity (-€241,909) and a net result of -€240,418. Its solvency ranks better than 15% of 15872 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
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Signals
This company filed its last 2 accounts on average 114 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
History
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Financials · fiscal year 2024, micro schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 490 companies that looked in July 2024 the way this one looks now, 6.1% went bankrupt within 24 months and 89% are still going.
- Small
- 2 to 5 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 1.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 3.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 490 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.
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €926 | €229 | ▼ 75.3% |
| Other operating charges640/8 | - | €42,470 | - |
| Gross operating margin9900 | -€1,565 | -€197,611 | ▼ 12,528% |
| Operating profit (loss)9901 | -€2,491 | -€240,309 | ▼ 9,548% |
| Financial income75/76B | - | €0 | - |
| Recurring financial income75 | - | €0 | - |
| Financial charges65/66B | - | €109 | - |
| Recurring financial charges65 | - | €109 | - |
| Profit (loss) for the period before taxes9903 | -€2,491 | -€240,418 | ▼ 9,552% |
| Profit (loss) for the period9904 | -€2,491 | -€240,418 | ▼ 9,552% |
| Profit (loss) for the period to be appropriated9905 | -€2,491 | -€240,418 | ▼ 9,552% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €20,066 | €972,943 | ▲ 4,749% |
| Formation expenses20 | €0 | €0 | - |
| Fixed assets21/28 | €158 | €963 | ▲ 510% |
| Tangible fixed assets22/27 | - | €805 | - |
| Plant, machinery and equipment23 | - | €805 | - |
| Financial fixed assets28 | €158 | €158 | = |
| Current assets29/58 | €19,908 | €971,980 | ▲ 4,782% |
| Stocks and contracts in progress3 | - | €932,886 | - |
| Stocks30/36 | - | €932,886 | - |
| Amounts receivable within one year40/41 | €16,461 | €38,187 | ▲ 132% |
| Trade receivables40 | €15,000 | €15,000 | = |
| Other amounts receivable41 | €1,461 | €23,187 | ▲ 1,487% |
| Cash at bank and in hand54/58 | €3,447 | €907 | ▼ 73.7% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €20,066 | €972,943 | ▲ 4,749% |
| Equity10/15 | -€1,491 | -€241,909 | ▼ 16,126% |
| Contributions10/11 | €1,000 | €1,000 | = |
| Profit (loss) carried forward14 | -€2,491 | -€242,909 | ▼ 9,652% |
| Amounts payable17/49 | €21,557 | €1.2m | ▲ 5,536% |
| Amounts payable within one year42/48 | €21,557 | €1.2m | ▲ 5,536% |
| Trade debts44 | €1,548 | €1.2m | ▲ 77,951% |
| Suppliers440/4 | €1,548 | €1.2m | ▲ 77,951% |
| Advances received on contracts in progress46 | €20,009 | - | - |
| Taxes, remuneration and social security45 | €0 | €6,755 | - |
| Taxes450/3 | - | €6,755 | - |
| Remuneration and social security454/9 | €0 | €0 | - |
| Other amounts payable47/48 | - | €0 | - |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€2,491 | -€240,418 | ▼ 9,552% |
| + Depreciation and write-downs630 | €926 | €229 | ▼ 75.3% |
| Operating cash flow (approximation) | -€1,565 | -€240,189 | ▼ 15,248% |
| Investment in fixed assets (approximation) | - | -€1,034 | - |
| Change in cash | - | -€2,540 | - |
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
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23094D0098/00M000 | Flanders | 2.1 ha | - | - |
Linked by address, not proof of ownership
Similar companies · same sector and region
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.