Summary
Conclusion
the dossier summarised in one paragraphA bankruptcy procedure is open for KOSTA according to publications in the Belgian State Gazette. The 2023 annual accounts show negative equity (€-167k) and a net result of €-20k.
Based on the State Gazette, CBE and 5 annual accounts.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneBankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Insolvency timeline
1 eventsSignals
1 signal · with evidenceSignals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Trust signals
1 signalAdministrative Flags
0 eventsFinancials
Annual accounts & ratios
Source: NBB · 2023| Fiscal year | 2023 |
|---|---|
| Revenue | - |
| EBITDA | €-12k |
| Net profit | €-20k |
| Cash flow | €-16k |
| Staff costs | €105k |
| Income taxes | - |
| Dividends | - |
| Total assets | €47k |
| Equity | €-167k |
| Debt | €214k |
| of which ≤ 1y | €214k |
| of which > 1y | - |
| Working capital | €-171k |
| Employees (FTE) | 3.6 |
| 2023 | |
|---|---|
| Current ratio | 0.20 |
| Quick ratio | 0.18 |
| Working capital ratio | -367.1% |
| Solvency | -359.1% |
| Debt / equity | -1.28 |
| Long-term debt ratio | - |
| Interest coverage | -2.09 |
| Gross margin | - |
| Net margin | - |
| ROA | -42.9% |
| ROE | 12.0% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €47k |
| Fixed assets | 21/28 | €4k |
| Tangible fixed assets | 22/27 | €213 |
| Financial fixed assets | 28 | €3k |
| Current assets | 29/58 | €43k |
| Stocks & contracts in progress | 3 | €4k |
| Amounts receivable within one year | 40/41 | €2k |
| Cash & bank | 54/58 | €37k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €47k |
| Equity | 10/15 | €-167k |
| Contributions / capital | 10/11 | €19k |
| Accumulated profits (losses) | 14 | €-186k |
| Amounts payable | 17/49 | €214k |
| Amounts payable within one year | 42/48 | €214k |
| Trade debts payable within one year | 44 | €18k |
| Income statement | ||
| Gross operating margin | 9900 | €96k |
| Operating result | 9901 | €-15k |
| Financial income | 75 | €800 |
| Financial charges | 65 | €6k |
| Result before taxes | 9903 | €-20k |
| Net result for the period | 9904 | €-20k |
| Result to be appropriated | 9905 | €-20k |
Health barometer
FY 2023 · computedUnlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Directors
Directors & mandates
indexingDirectors and mandates usually appear here within 24 hours of publication in the Belgian State Gazette.
Insolvency mandates
1 mandate| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | Dirk DE MAESENEER PEGASUSLAAN 5, 1831 DIEGEM- |
04-02-2025 → present | Belgian State Gazette |
Legal Structure
| NACE primary | - |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 29-10-2012 |
| Status | Active |
| Postal code | 1600 |
| First BS signal | 10-02-2025 |
| Latest BS signal | 10-02-2025 |
Structure & network
Company structure: linked entities
1 linked entityLocations & real estate
Establishment units
1 locationReal-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23077A0147/00P000 | Flanders | 7.7 ha | 1 · 2.8 ha | - |
Publications
Lifecycle & Insolvency Signals
1 event from the State GazetteTime machine: BS events + macro context
2021-2026Analysis
Snowflake analysis
financial profile on 5 axesFragile profile, watch health in particular.
Ask AI about this company
Checked AISoon: ask questions about this dossier, risks, curator, sector comparison, answered from the official data on this page.
AI due-diligence brief
Checked AIGenerate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
Credit advice
verdict per customer and amountCompany registry
Company registry (CBE)
Crossroads Bank| Legal nameNL | KOSTA |