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CSA RENOVATION CONSTRUCT

Active
Private limited companyfounded 2024active for 1 yearGustave Defnetstraat 17, 1060 Sint-Gillis (bij-Brussel), BelgiumKBO/BCE: BE 1017.661.642

Financials · financial year 2025, micro format

2025 annual accounts filed 50 days after the deadline Filed on 19 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00525850.

Annual accounts 2025 filed on 19-09-2026 at the NBB

Turnover
€84,264
EBIT margin
48.0%
Net result
€31,500
Working capital
€34,338
Balance-sheet composition
Equity and liabilities €44,279
Equity €33,500
Debt €10,779
Debt's share of the balance-sheet total is 24.3%.
Key figures and ratios
2025 value
Current ratio
4.45
Debt to equity
0.32
ROE
94.0%
ROA
71.1%
Debt ≤ 1 year
€9,941
Income taxes
€8,942
Customer credit
3 days
Supplier credit
9 days
Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 27 lines
Balance sheet Code2025
Assets
Total assets20/58€44,279
Current assets29/58€44,279
Amounts receivable within one year40/41€42,674
Trade receivables40€695
Other amounts receivable41€41,979
Cash at bank and in hand54/58€1,605
Equity and liabilities
Total equity and liabilities10/49€44,279
Equity10/15€33,500
Contributions10/11€2,000
Profit (loss) carried forward14€31,500
Amounts payable17/49€10,779
Amounts payable within one year42/48€9,941
Trade debts44€999
Suppliers440/4€999
Taxes, remuneration and social security45€8,942
Taxes450/3€8,942
Accrued charges and deferred income492/3€838
Income statement Code2025
Turnover70€84,264
Goods, raw materials, services and sundry goods60/61€42,568
Other operating charges640/8€1,254
Gross operating margin9900€41,696
Operating profit (loss)9901€40,442
Profit (loss) for the period before taxes9903€40,442
Income taxes67/77€8,942
Profit (loss) for the period9904€31,500
Profit (loss) for the period to be appropriated9905€31,500
Appropriation of the result
Profit (loss) to be appropriated9906€31,500

The notes to these accounts have 1 item. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 19-09-2026.

Line2025
Turnover70€84,264
Goods, raw materials, services and sundry goods60/61€42,568
Other operating charges640/8€1,254
Gross operating margin9900€41,696
Operating profit (loss)9901€40,442
Profit (loss) for the period before taxes9903€40,442
Income taxes67/77€8,942
Profit (loss) for the period9904€31,500
Profit (loss) for the period to be appropriated9905€31,500
Line2025
Assets
Total assets20/58€44,279
Current assets29/58€44,279
Amounts receivable within one year40/41€42,674
Trade receivables40€695
Other amounts receivable41€41,979
Cash at bank and in hand54/58€1,605
Equity and liabilities
Total equity and liabilities10/49€44,279
Equity10/15€33,500
Contributions10/11€2,000
Profit (loss) carried forward14€31,500
Amounts payable17/49€10,779
Amounts payable within one year42/48€9,941
Trade debts44€999
Suppliers440/4€999
Taxes, remuneration and social security45€8,942
Taxes450/3€8,942
Accrued charges and deferred income492/3€838
Line2025
Profit (loss) for the period9904€31,500
Operating cash flow (approximation)€31,500

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Historical observation

In July 2024, 11,279 companies had the same profile as CSA RENOVATION CONSTRUCT has now. Two years later, 96.6% were still going and 0.7% had gone bankrupt.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
96.6% was still going
2.6% stopped otherwise
0.7% went bankrupt

The bankruptcy probability of CSA RENOVATION CONSTRUCT itself is higher: 4.7% within 12 months. It rests on far more data about CSA RENOVATION CONSTRUCT than the profile alone.

Test of the method

The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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% 0.9%
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 11,279 companies, not a prediction for CSA RENOVATION CONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2025 micro format 19-09-2026 2026-00525850 PDF

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