KOSZ CONSTRUCT
ActiveThe computed 12-month bankruptcy probability of KOSZ CONSTRUCT is 6.6% (elevated). The 2025 annual accounts show equity of €70k and a net result of €9k. Equity is growing by ~21.5% per year across the filed fiscal years. Its solvency ranks better than 23% of 27676 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 2 administrative register entries (see administrative flags).
Checked score
Score 2025
39
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▼-15
Solvency46▼-31
Growth52=
Track record78
Bankruptcy probability, 12 months
6.6%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days only on tighter terms
Liquidity tight (current ratio 1.27 against 2.06 in 2024; short-term debt: 78.8% and cash: 3.5% of total assets), and 78.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
21.2%
Return on assets
2.8%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 27676 sector peers (2025).
NBB · sector comparisonPosition among 27676 sector peers
Solvency
better than 23%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 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 · 3 filingsDeviation from the deadline
2025
25 d late
2024
116 d late
2023
428 d late
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publicationsPublications
Address struckAddress strikeout annulled
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€70k▲ 15.3%
2024 · €61k
2023: €44k
2024: €61k
2023 → 2025
Total assets
€330k▲ 181%
2024 · €117k
2023: €118k
2024: €117k
2023 → 2025
Net result
€9k▼ 44.9%
2024 · €17k
2023: €38k
2024: €17k
2023 → 2025
Working capital
€70k▲ 16.0%
2024 · €60k
2023: €43k
2024: €60k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€44k-€61k▲ 38.2%€70k▲ 15.3%
Operating result€51k-€21k▼ 57.9%€14k▼ 35.1%
Net result€38k-€17k▼ 55.7%€9k▼ 44.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 35% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €330k
Fixed assets
€93▼ 79.7%
Current assets
€330k▲ 182%
Equity and liabilities €330k
Equity
€70k▲ 15.3%
Debt
€260k▲ 360%
The debt ratio rises from 48.3% to 78.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€14k▼
2024 · €22k
Cash flow
€10k▼
2024 · €17k
Solvency
21.2%▼
2024 · 51.7%
Current ratio
1.27▼
2024 · 2.06
Quick ratio
1.27▼
2024 · 2.06
Debt / equity
3.72▲
2024 · 0.93
ROE
13.2%▼
2024 · 27.7%
ROA
2.8%▼
2024 · 14.3%
Interest coverage
9.48▼
2024 · 17.85
Debt
€260k▲
2024 · €57k
Debt ≤ 1 year
€260k▲
2024 · €57k
Income taxes
€4k▼
2024 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€117k€330k▲
Fixed assets21/28€459€93▼
Tangible fixed assets22/27€459€93▼
Furniture and vehicles24€459€93▼
Current assets29/58€117k€330k▲
Amounts receivable after more than one year29-€43k
Other amounts receivable291-€43k
Amounts receivable within one year40/41€88k€275k▲
Trade receivables40€77k€266k▲
Other amounts receivable41€11k€9k▼
Cash at bank and in hand54/58€28k€12k▼
Deferred charges and accrued income490/1€890€391▼
Equity and liabilities
Total equity and liabilities10/49€117k€330k▲
Equity10/15€61k€70k▲
Contributions10/11€6k€6k=
Profit (loss) carried forward14€55k€64k▲
Amounts payable17/49€57k€260k▲
Amounts payable within one year42/48€57k€260k▲
Trade debts44€45k€257k▲
Suppliers440/4€45k€257k▲
Taxes, remuneration and social security45€12k€4k▼
Taxes450/3€12k€4k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€366€366=
Other operating charges640/8€524€519▼
Gross operating margin9900€22k€15k▼
Operating profit (loss)9901€21k€14k▼
Financial income75/76B€906€426▼
Recurring financial income75€906€426▼
Financial charges65/66B€1k€1k▲
Recurring financial charges65€1k€1k▲
Profit (loss) for the period before taxes9903€21k€13k▼
Income taxes67/77€4k€4k▼
Profit (loss) for the period9904€17k€9k▼
Profit (loss) for the period to be appropriated9905€17k€9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€55k€64k▲
Profit (loss) brought forward from the previous period14P€38k€55k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 25 days late
2025
31-12
Financial
Weakest financial yearnet €9k ▼44.9%
Net result drops to €9k, the lowest in the series.
24-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 116 days late
02-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 428 days late
26-09
KBO administration
Address strikeout annulled
08-08
KBO administration
Address struck
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Bertem · 1 establishment unit since 2024
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Tervuursesteenweg 923060 BertemGround area
259 m²
Building footprint
109 m²
Volume, LiDAR
518 m³
Parcel 24009A0565/00L002, Flanders · tallest building 10.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Tervuursesteenweg 92, 3060 Bertem
since 20242.358.758.205
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24009A0565/00L002 | Flanders | 259 m² | 1 · 109 m² | 10.6 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
E.R. BOUW
BE 0544.864.440
Houthalen-Helchteren · Eq €70k
J & P CONSTRUCTION
BE 0893.281.512
Antwerpen · Eq €70k
TLS-ANTWERP
BE 0800.397.775
Antwerpen · Eq €70k
PLAN A
BE 1005.577.719
Oostende · Eq €70k
IVO DE BACKER
BE 0894.673.560
Brasschaat · Eq €70k
Of 7,294 companies in sector 43350 we hold annual accounts for 2,361. 1,999 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-02-2023
Fiscal year end31-12
Activities, NACEBEL
43350Other building finishing work
41001General construction of residential buildings
43341Painting of buildings
43990Other specialised construction activities
43995Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.