cousteau
ActiveSummary
cousteau has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €34k and a net result of €2k. Equity is growing by ~22.8% per year across the filed fiscal years. Its solvency ranks better than 40% of 4352 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability37▼-4
Solvency64▼-2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 1.95 against 2.16 in 2023; short-term debt: 49.7% and cash: 1.9% of total assets), but 61% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Other professional, scientific and technical activities (NACE 74)
about 48% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
39%
Return on assets
1.9%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
28 d late
2022
61 d late
2021
60 d late
2020
60 d late
2019
122 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€34k▲ 5.2%
2023 · €32k
2018: €5k
2019: €-237▼ -105% vs 2018lowest in 7 years
2020: €19k▲ +8224% vs 2019
2021: €23k▲ +18.0% vs 2020
2022: €30k▲ +30.4% vs 2021
2023: €32k▲ +9.1% vs 2022
2024: €34k▲ +5.2% vs 2023highest in 7 years
2018 → 2024
Total assets
€87k▲ 10.3%
2023 · €79k
2018: €54klowest in 7 years
2019: €63k▲ +17.9% vs 2018
2020: €76k▲ +20.1% vs 2019
2021: €60k▼ -21.1% vs 2020
2022: €70k▲ +17.1% vs 2021
2023: €79k▲ +12.3% vs 2022
2024: €87k▲ +10.3% vs 2023highest in 7 years
2018 → 2024
Net result
€2k▼ 37.3%
2023 · €3k
2018: €-20klowest in 7 years
2019: €-5k▲ +74.8% vs 2018
2020: €19k▲ +483% vs 2019highest in 7 years
2021: €3k▼ -82.2% vs 2020
2022: €7k▲ +99.3% vs 2021
2023: €3k▼ -61.1% vs 2022
2024: €2k▼ -37.3% vs 2023
2018 → 2024
Working capital
€41k▲ 5.1%
2023 · €39k
2018: €21k
2019: €18k▼ -14.0% vs 2018lowest in 7 years
2020: €27k▲ +50.6% vs 2019
2021: €20k▼ -25.4% vs 2020
2022: €25k▲ +21.3% vs 2021
2023: €39k▲ +57.6% vs 2022
2024: €41k▲ +5.1% vs 2023highest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€19k-€23k▲ 18.0%€30k▲ 30.4%€32k▲ 9.1%€34k▲ 5.2%
2020: €19klowest in 5 years
2021: €23k▲ +18.0% vs 2020
2022: €30k▲ +30.4% vs 2021
2023: €32k▲ +9.1% vs 2022
2024: €34k▲ +5.2% vs 2023highest in 5 years
Operating result€22k-€8k▼ 65.1%€10k▲ 33.0%€6k▼ 44.4%€6k▲ 11.0%
2020: €22khighest in 5 years
2021: €8k▼ -65.1% vs 2020
2022: €10k▲ +33.0% vs 2021
2023: €6k▼ -44.4% vs 2022lowest in 5 years
2024: €6k▲ +11.0% vs 2023
Net result€19k-€3k▼ 82.2%€7k▲ 99.3%€3k▼ 61.1%€2k▼ 37.3%
2020: €19khighest in 5 years
2021: €3k▼ -82.2% vs 2020
2022: €7k▲ +99.3% vs 2021
2023: €3k▼ -61.1% vs 2022
2024: €2k▼ -37.3% vs 2023lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 11% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €87k
Fixed assets
€3k ▼ 56.3%
Current assets
€84k ▲ 15.9%
Equity and liabilities €87k
Equity
€34k ▲ 5.2%
Debt
€53k ▲ 13.7%
Debt's share of the balance-sheet total rises from 59.1% to 61.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€10k▲
2023 · €9k
Cash flow
€5k▼
2023 · €6k
Current ratio
1.95▼
2023 · 2.16
Debt to equity
1.56▲
2023 · 1.44
ROE
5.0%▼
2023 · 8.3%
ROA
1.9%▼
2023 · 3.4%
Interest coverage
1.93▼
2023 · 2.22
Debt ≤ 1 year
€43k▲
2023 · €34k
Debt > 1 year
€10k▼
2023 · €13k
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 · 43 lines
Balance sheet
Code20232024
Assets
Total assets20/58€79k€87k▲
Fixed assets21/28€6k€3k▼
Tangible fixed assets22/27€6k€3k▼
Plant, machinery and equipment23€6k€3k▼
Current assets29/58€73k€84k▲
Amounts receivable within one year40/41€69k€79k▲
Trade receivables40€67k€68k▲
Other amounts receivable41€2k€10k▲
Cash at bank and in hand54/58€4k€2k▼
Deferred charges and accrued income490/1-€4k
Equity and liabilities
Total equity and liabilities10/49€79k€87k▲
Equity10/15€32k€34k▲
Contributions10/11€6k€6k=
Reserves13€19k€19k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€17k€17k=
Profit (loss) carried forward14€7k€9k▲
Amounts payable17/49€47k€53k▲
Amounts payable after more than one year17€13k€10k▼
Financial debts170/4€13k€10k▼
Amounts payable within one year42/48€34k€43k▲
Current portion of amounts payable after more than one year42-€3k
Financial debts43€17k€20k▲
Credit institutions430/8€17k€20k▲
Trade debts44€3k-
Suppliers440/4€3k-
Taxes, remuneration and social security45€14k€20k▲
Taxes450/3€14k€20k▲
Income statement
Code20232024
Non-recurring operating income76A€2k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▼
Other operating charges640/8€234€4k▲
Gross operating margin9900€9k€14k▲
Operating profit (loss)9901€6k€6k▲
Financial income75/76B€1k€382▼
Recurring financial income75€1k€382▼
Financial charges65/66B€4k€5k▲
Recurring financial charges65€4k€5k▲
Profit (loss) for the period before taxes9903€3k€2k▼
Profit (loss) for the period9904€3k€2k▼
Profit (loss) for the period to be appropriated9905€3k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€7k€9k▲
Profit (loss) brought forward from the previous period14P€5k€7k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €2k | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5k | €3k | €4k | €3k | €3k | ▼ 0.1% |
| Other operating charges640/8 | - | €175 | €518 | €234 | €4k | ▲ 1,615% |
| Gross operating margin9900 | €28k | €11k | €15k | €9k | €14k | ▲ 46.5% |
| Operating profit (loss)9901 | €22k | €8k | €10k | €6k | €6k | ▲ 11.0% |
| Financial income75/76B | - | €995 | €2k | €1k | €382 | ▼ 64.6% |
| Recurring financial income75 | €1k | €995 | €2k | €1k | €382 | ▼ 64.6% |
| Financial charges65/66B | - | €5k | €5k | €4k | €5k | ▲ 22.6% |
| Recurring financial charges65 | €4k | €5k | €5k | €4k | €5k | ▲ 22.6% |
| Profit (loss) for the period before taxes9903 | €19k | €3k | €7k | €3k | €2k | ▼ 37.3% |
| Income taxes67/77 | €-70 | - | - | - | - | - |
| Profit (loss) for the period9904 | €19k | €3k | €7k | €3k | €2k | ▼ 37.3% |
| Profit (loss) for the period to be appropriated9905 | €19k | €3k | €7k | €3k | €2k | ▼ 37.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €76k | €60k | €70k | €79k | €87k | ▲ 10.3% |
| Fixed assets21/28 | €4k | €8k | €5k | €6k | €3k | ▼ 56.3% |
| Tangible fixed assets22/27 | €4k | €8k | €5k | €6k | €3k | ▼ 56.3% |
| Plant, machinery and equipment23 | - | €8k | €5k | €6k | €3k | ▼ 56.3% |
| Current assets29/58 | €72k | €52k | €66k | €73k | €84k | ▲ 15.9% |
| Amounts receivable within one year40/41 | €72k | €51k | €63k | €69k | €79k | ▲ 14.5% |
| Trade receivables40 | - | €31k | €40k | €67k | €68k | ▲ 2.3% |
| Other amounts receivable41 | - | €21k | €23k | €2k | €10k | ▲ 449% |
| Cash at bank and in hand54/58 | €325 | €191 | €2k | €4k | €2k | ▼ 59.9% |
| Deferred charges and accrued income490/1 | - | - | - | - | €4k | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €76k | €60k | €70k | €79k | €87k | ▲ 10.3% |
| Equity10/15 | €19k | €23k | €30k | €32k | €34k | ▲ 5.2% |
| Contributions10/11 | - | €6k | €6k | €6k | €6k | = |
| Reserves13 | €19k | €19k | €19k | €19k | €19k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Tax-exempt reserves132 | - | €17k | €17k | €17k | €17k | = |
| Profit (loss) carried forward14 | €-6k | €-2k | €5k | €7k | €9k | ▲ 23.0% |
| Amounts payable17/49 | €57k | €37k | €41k | €47k | €53k | ▲ 13.7% |
| Amounts payable after more than one year17 | €12k | €6k | - | €13k | €10k | ▼ 24.3% |
| Financial debts170/4 | - | €6k | - | €13k | €10k | ▼ 24.3% |
| Amounts payable within one year42/48 | €45k | €31k | €41k | €34k | €43k | ▲ 28.4% |
| Current portion of amounts payable after more than one year42 | - | €6k | €6k | - | €3k | - |
| Financial debts43 | - | €20k | €20k | €17k | €20k | ▲ 19.4% |
| Credit institutions430/8 | - | €20k | €20k | €17k | €20k | ▲ 19.4% |
| Trade debts44 | €5k | €276 | €4k | €3k | - | - |
| Suppliers440/4 | - | €276 | €4k | €3k | - | - |
| Taxes, remuneration and social security45 | - | €5k | €10k | €14k | €20k | ▲ 41.6% |
| Taxes450/3 | - | €5k | €10k | €14k | €20k | ▲ 41.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €19k | €3k | €7k | €3k | €2k | ▼ 37.3% |
| + Depreciation and write-downs630 | €5k | €3k | €4k | €3k | €3k | ▼ 0.1% |
| Operating cash flow (approximation) | €24k | €6k | €11k | €6k | €5k | ▼ 16.3% |
| Investment in fixed assets (approximation) | - | €-7k | €-342 | €-5k | €0 | ▲ 100% |
| Change in cash | - | €-134 | €2k | €2k | €-3k | ▼ 232% |
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
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 61 days late
2022
29-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 60 days late
2021
29-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 60 days late
2020
31-12
Financial
Back to profitnet €19k
Net result €19k after 2 loss-making years.
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
16-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 47 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
2016
08-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 8 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
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.
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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, Brasschaat · 1 establishment unit since 2015
Ground area
1,056 m²
Building footprint
182 m²
Volume, LiDAR
1,039 m³
Parcel 11322E0015/00D005, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
cousteau
since 20152.241.807.976
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11322E0015/00D005 | Flanders | 1,056 m² | 1 · 182 m² | 8.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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 14,144 companies in sector 74201 we hold annual accounts for 2,612. 1,862 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded03-04-2015
Fiscal year end31-12
Activities, NACEBEL 2025
74201Photography, excluding press photography
59113Video and film production, excluding cinema and television films
74202Other professional, scientific and technical activities
74209Other photographic activities
82100Office administrative and support services
Scores and ratios are computed by Checked and are not a credit decision.