Can Star Matex
ActiveThe computed 12-month bankruptcy probability of Can Star Matex is 4.4% (elevated). The 2025 annual accounts show negative equity (€-37k) and a net result of €-2k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 11297 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Checked score
Score 2025
18
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability20▲+20
Solvency0=
Growth40▲+8
Track record92
Bankruptcy probability, 12 months
4.4%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.55 against 0.22 in 2024; short-term debt: 181.1% and cash: 1.6% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
+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 · 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 2025Solvency, return and age of the figures
Solvency
-81.1%
Return on assets
-4.4%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year €-37k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 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 · 6 filingsDeviation from the deadline
2025
30 d late
2024
221 d late
2023
475 d late
2022
841 d late
2021
1206 d late
2020
1571 d late
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Strikeout withdrawn
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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€33k▲ 6.4%
2024 · €31k
2024: €31k
2024 → 2025
EBIT margin
-0.5%▲ 92.7pp
2024 · -93.3%
2024: -93.3%
2024 → 2025
Net result
€-2k▲ 93.6%
2024 · €-31k
2020: €-558
2021: €-1k
2022: €-3k
2023: €-8k
2024: €-31k
2020 → 2025
Working capital
€-37k▼ 2.3%
2024 · €-36k
2020: €5k
2021: €4k
2022: €2k
2023: €-6k
2024: €-36k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€31k€33k▲ 6.4%
Equity€7k-€4k▼ 44.2%€-4k€-35k▼ 853%€-37k▼ 5.7%
Operating result€-452-€-3k▼ 516%€-7k▼ 162%€-29k▼ 302%€-183▲ 99.4%
Net result€-1k-€-3k▼ 184%€-8k▼ 139%€-31k▼ 302%€-2k▲ 93.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €183 in 2025 against €29k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €45k
Fixed assets
€415▼ 64.5%
Current assets
€45k▲ 335%
Key figures and ratios
EBITDA
€573▲
2024 · €-29k
Cash flow
€-1k▲
2024 · €-31k
Solvency
-81.1%▲
2024 · -292.3%
Current ratio
0.55▲
2024 · 0.22
Quick ratio
0.48▲
2024 · 0.13
Debt / equity
-2.23▼
2024 · -1.34
ROA
-4.4%▲
2024 · -261.7%
Interest coverage
0.32▲
2024 · -16.97
Debt
€82k▲
2024 · €47k
Debt ≤ 1 year
€82k▲
2024 · €47k
Income taxes
€0
Staff costs
€2k▲
2024 · €1k
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€12k€45k▲
Formation expenses20€398€0▼
Fixed assets21/28€1k€415▼
Tangible fixed assets22/27€1k€415▼
Furniture and vehicles24€1k€415▼
Current assets29/58€10k€45k▲
Stocks and contracts in progress3€4k€5k▲
Stocks30/36€4k€5k▲
Amounts receivable within one year40/41€5k€38k▲
Trade receivables40€5k€38k▲
Cash at bank and in hand54/58€1k€733▼
Deferred charges and accrued income490/1-€618
Equity and liabilities
Total equity and liabilities10/49€12k€45k▲
Equity10/15€-35k€-37k▼
Contributions10/11€9k€9k=
Profit (loss) carried forward14€-44k€-46k▼
Amounts payable17/49€47k€82k▲
Amounts payable within one year42/48€47k€82k▲
Trade debts44€2k€47k▲
Suppliers440/4€2k€47k▲
Taxes, remuneration and social security45€2k€4k▲
Taxes450/3€2k€4k▲
Other amounts payable47/48€43k€31k▼
Income statement
Code20242025
Turnover70€31k€33k▲
Goods, raw materials, services and sundry goods60/61€57k€25k▼
Remuneration, social security and pensions62€1k€2k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€356€756▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€102€398▲
Other operating charges640/8€2k€5k▲
Gross operating margin9900€-26k€8k▲
Operating profit (loss)9901€-29k€-183▲
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€-31k€-2k▲
Income taxes67/77-€0
Profit (loss) for the period9904€-31k€-2k▲
Profit (loss) for the period to be appropriated9905€-31k€-2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-44k€-46k▼
Profit (loss) brought forward from the previous period14P€-13k€-44k▼
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
30-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 30 days late
27-03
KBO administration
Strikeout withdrawn
09-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 221 days late
2025
18-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 475 days late
18-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 841 days late
18-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 1206 days late
18-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 1571 days late
2024
31-12
Financial
Weakest financial yearnet €-31k
Net result drops to €-31k, the lowest in the series; recovery starts the following year.
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Anderlecht · 1 establishment unit since 2020
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.
Welzijnstraat 31070 AnderlechtGround area
804 m²
Building footprint
255 m²
Volume, LiDAR
2,718 m³
2 parcels, Brussels · tallest building 15.5 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Can Star Matex
since 20202.307.169.843
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21304B0317/00T002 | Brussels | 679 m² | 1 · 203 m² | 14.3 m · 4 fl. |
| 21304B0014/00B008 | Brussels | 125 m² | 1 · 52 m² | 15.5 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 6,155 companies in sector 46190 we hold annual accounts for 2,570. 855 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-06-2020
Fiscal year end31-12
Activities, NACEBEL
46190Agents in non-specialised wholesale trade
46900Non-specialised wholesale trade
47120Other non-specialised retail sale
47910Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.