AFRICAN STAR

Active

Public limited companyfounded 1999active for 27 yearsHoveniersstraat 30, 2018 Antwerpen, Belgium258 active companies are registered at this addressKBO/BCE: BE 0467.014.418

Summary

The computed 12-month bankruptcy probability of AFRICAN STAR is 5.0% (elevated). For AFRICAN STAR, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €1.6m and a net result of €36,217. Equity is growing by about 4.1% per year across the filed financial years. Its solvency ranks better than 73% of 14,806 sector peers (NACE 46, financial year 2023). The company has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals.

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AFRICAN STARActive

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Activity

Wholesale of diamonds and other precious stones

NACE 46861

1 site

Size

€2.5mtotal assets 2023

Equity: €1.6m
Profit: €36,217

Turnover not published (micro format)

Financial health

Bankruptcy probabilitywithin 12 months: 5.0%

2023 figures too old to score

Structure

Ahmad HassanManaging director

Accounts 440 days overdue1 of 11 deeds read

Signalsraises riskFigures for financial year 2023 (filed 25-07-2024)Liquidity: current ratio 2.95, cash €1,6502 financial years not filed after the legal deadlineSize: total assets €2.5mTwo or more financial years not filedneutralLatest accounts filed on timeShow the evidence

Bankruptcy probability

No current score

Figures too old

The available figures for FY 2023 are too old to assess current financial health.

Bankruptcy probability: Elevated

Filing: At least two filing cycles are missing

Financial strength, FY 2023 · tick = 2022

Average

Solvency 92+4

equity 66.7% of total assets

Liquidity 35+2

short-term debt 33.3% · cash 0.1%

Profitability 41-5

return on assets 1.5%

Bankruptcy probability, 12 months

5.0% Elevated

0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (4,379 companies, NACE 46, small)

Last 24 months 11-2024: 0.2%lowest value 12-2024: 0.2%● unchanged vs 11-2024lowest value 01-2025: 0.2%● unchanged vs 12-2024lowest value 02-2025: 0.2%● unchanged vs 01-2025lowest value 03-2025: 0.3%▲ +0.1 percentage points vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.4%▲ +0.1 percentage points vs 06-2025 08-2025: 0.7%▲ +0.3 percentage points vs 07-2025 09-2025: 0.9%▲ +0.2 percentage points vs 08-2025 10-2025: 1.5%▲ +0.6 percentage points vs 09-2025 11-2025: 1.6%▲ +0.1 percentage points vs 10-2025 12-2025: 2.0%▲ +0.4 percentage points vs 11-2025 01-2026: 3.4%▲ +1.4 percentage points vs 12-2025 02-2026: 3.4%● unchanged vs 01-2026 03-2026: 3.5%▲ +0.1 percentage points vs 02-2026 04-2026: 3.1%▼ -0.4 percentage points vs 03-2026 05-2026: 3.1%● unchanged vs 04-2026 06-2026: 3.1%● unchanged vs 05-2026 07-2026: 3.1%● unchanged vs 06-2026 08-2026: 5.0%▲ +1.9 percentage points vs 07-2026highest value 09-2026: 5.0%● unchanged vs 08-2026highest value 10-2026: 5.0%● unchanged vs 09-2026highest value

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Signals

Six signals.

raises riskneutral

Figures for financial year 2023 (filed 25-07-2024)

NBB · annual accounts

Liquidity: current ratio 2.95, cash €1,650

NBB · annual accounts

2 financial years not filed after the legal deadline

NBB · filings

Size: total assets €2.5m

Companies of this size fail more often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Two or more financial years not filed

Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.

NBB · 10 filings

Position against the passed deadline

31-12-2024 year end31-07-2025 deadline14-10-2026 today

Latest accounts filed on time

The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 25-07-2024, 6 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

not filed

2024

not filed

2023

6 days early

2022

26 days early

2021

38 days early

2020

4 days early

2019

on the day

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 15 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

17-09-2026 Reappointment: Ahmad Hassan (bestuurder en afgevaardigd…Permanent representatives: Lambregts Jan and…
25-07-2024 Annual accounts filedfinancial year 2023 · micro…
05-07-2023 Annual accounts filedfinancial year 2022 · micro…

Key points

Risk: Accounts not fileddeadline was 31-07-2025 440 days late View
Caution: Result fell in 2023from €88,266 to €36,217 ▼ 59.0% View
Positive: Among the best 5% on equitysector median €55,093 · 14,848 companies €1.6m View
Positive: 6 profitable years in a rowprofit 2023: €36,217 6 years View