COUSTANS
ActiveSummary
The computed 12-month bankruptcy probability of COUSTANS is 3.0% (moderate). The 2025 annual accounts show equity of €8,768 and a net result of €32,669. Equity is shrinking by ~21.4% per year across the filed fiscal years. The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 4 accounts on average 19 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, micro schema
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Peer companies
Historical observationOf the 2,157 companies that looked in July 2024 the way this one looks now, 3.0% went bankrupt within 24 months and 94% are still going.
- Micro
- 2 to 5 years old
- solvency under 10%
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 3.0% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.9% |
| 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% 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 2,157 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 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €150 | €6,067 | €6,067 | €6,045 | ▼ 0.3% |
| Other operating charges640/8 | €398 | €2,030 | €978 | €440 | ▼ 55.0% |
| Gross operating margin9900 | €19,306 | €3,066 | €62,879 | €51,533 | ▼ 18.0% |
| Operating profit (loss)9901 | €18,759 | -€5,030 | €55,834 | €45,047 | ▼ 19.3% |
| Financial income75/76B | - | - | - | €46 | - |
| Recurring financial income75 | - | - | - | €46 | - |
| Financial charges65/66B | €12 | €3,479 | €3,499 | €2,739 | ▼ 21.7% |
| Recurring financial charges65 | €12 | €3,479 | €3,499 | €2,739 | ▼ 21.7% |
| Profit (loss) for the period before taxes9903 | €18,747 | -€8,509 | €52,335 | €42,355 | ▼ 19.1% |
| Income taxes67/77 | €3,876 | €155 | €10,136 | €9,686 | ▼ 4.4% |
| Profit (loss) for the period9904 | €14,871 | -€8,664 | €42,199 | €32,669 | ▼ 22.6% |
| Profit (loss) for the period to be appropriated9905 | €14,871 | -€8,664 | €42,199 | €32,669 | ▼ 22.6% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €75,030 | €66,375 | €101,192 | €92,701 | ▼ 8.4% |
| Fixed assets21/28 | €50,950 | €44,884 | €38,817 | €32,772 | ▼ 15.6% |
| Intangible fixed assets21 | €44,889 | €40,389 | €35,889 | €31,389 | ▼ 12.5% |
| Tangible fixed assets22/27 | €6,061 | €4,495 | €2,928 | €1,383 | ▼ 52.8% |
| Furniture and vehicles24 | €6,061 | €4,495 | €2,928 | €1,383 | ▼ 52.8% |
| Current assets29/58 | €24,079 | €21,491 | €62,374 | €59,930 | ▼ 3.9% |
| Amounts receivable within one year40/41 | - | €4,845 | €34,723 | €19,786 | ▼ 43.0% |
| Other amounts receivable41 | - | €4,845 | €34,723 | €19,786 | ▼ 43.0% |
| Cash at bank and in hand54/58 | €7,643 | €3,188 | €11,446 | €9,829 | ▼ 14.1% |
| Deferred charges and accrued income490/1 | €16,436 | €13,458 | €16,205 | €30,315 | ▲ 87.1% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €75,030 | €66,375 | €101,192 | €92,701 | ▼ 8.4% |
| Equity10/15 | €17,371 | €8,708 | €13,559 | €8,768 | ▼ 35.3% |
| Contributions10/11 | €2,500 | €2,500 | €2,500 | €2,500 | = |
| Profit (loss) carried forward14 | €14,871 | €6,208 | €11,059 | €6,268 | ▼ 43.3% |
| Amounts payable17/49 | €57,659 | €57,668 | €87,633 | €83,933 | ▼ 4.2% |
| Amounts payable after more than one year17 | - | €37,962 | €31,094 | €24,004 | ▼ 22.8% |
| Financial debts170/4 | - | €37,962 | €31,094 | €24,004 | ▼ 22.8% |
| Amounts payable within one year42/48 | €57,659 | €19,705 | €56,538 | €59,930 | ▲ 6.0% |
| Current portion of amounts payable after more than one year42 | - | €6,649 | €6,868 | €11,134 | ▲ 62.1% |
| Trade debts44 | €340 | €1,985 | €987 | - | - |
| Suppliers440/4 | €340 | €1,985 | €987 | - | - |
| Taxes, remuneration and social security45 | €4,376 | €10,876 | €18,805 | €16,955 | ▼ 9.8% |
| Taxes450/3 | €4,376 | €7,876 | €18,805 | €16,955 | ▼ 9.8% |
| Remuneration and social security454/9 | - | €3,000 | - | - | - |
| Other amounts payable47/48 | €52,943 | €196 | €29,878 | €31,841 | ▲ 6.6% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €14,871 | -€8,664 | €42,199 | €32,669 | ▼ 22.6% |
| + Depreciation and write-downs630 | €150 | €6,067 | €6,067 | €6,045 | ▼ 0.3% |
| Operating cash flow (approximation) | €15,021 | -€2,597 | €48,265 | €38,715 | ▼ 19.8% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | - |
| Change in cash | - | -€4,455 | €8,257 | -€1,617 | ▼ 120% |
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. |
|---|---|---|---|---|
| 84038C0489/00R000 | Wallonia | 1,283 m² | 1 · 89 m² | 9.0 m · 3 fl. |
Linked by address, not proof of ownership
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 29 September 2026 · Peppol Directory
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