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DIVE - STAR

Active Private limited company (pre-2019)founded 1994active for 32 yearsEdmond Ronselaan 7, 8630 VeurneKBO/BCE: BE 0451.908.944 #10 oldest company in West Flanders, Water transport sector

Lifetime

18 annual accounts with figures on one time axis, 32 filings since 1994
peak €66,617 (2008)
€56,243▲ 91.6%
lowest -€35,546 (2022)
€24,661▲ €37,217
peak €7,554 (2021)
-€1,634▲ €24,661
€31,370▼ 19.8%
Documentsfilings and deeds
26-09-202657 days late
2025abbreviated format
Turnover from €29,356 to €56,243Gross margin from -€7,742 to €27,253Back to profit: €24,661Equity from -€26,295 to -€1,634Debts from €39,130 to €31,370Cash from €3,595 to €24,797

Key points

from the 2025 annual accounts

Equity

-€1,634
202020212022202320242025

Debts exceed assets in financial year 2025.

Debts

€31,370 105% of the balance sheet

Liquidity

0.81 was 0.10 in 2024

Short-term debts fell from €39,130 to €31,370.

2025 accounts filed 57 days after the deadline

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 3,795 companies had the same profile as DIVE - STAR has now. Each dot stands for 10 companies, two years later.

91.4%
were still trading
5.4%
stopped another way
2.7%
went bankrupt
  • Micro
  • 20 years or older
  • negative equity
  • a profit of 5% of the balance sheet or more

Another 0.6% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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 2.9% 3.1%
10 5.6% 6.1%

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 3,795 companies, not a prediction for DIVE - STAR. 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.

Credit verdict

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Signals

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0451908944
First establishment DIVE-STAR BVBA, Watersportlaan 1, Nieuwpoort
Incorporation published on 04-03-1994 · Gazette deed
All 43 events

Comparable companies

same main activity, similar in size and age
Company
DIVE - STAR Veurne €29,736 €27,253 -5.5% -
INTERNATIONAL MANAGEMENT AND ORGANISATION SUPPORT Antwerp €36,286 €78,287 -155.3% 0.8
ALBRIPHIMA Antwerp €33,983 -€12,769 -316.8% -
YACHTCHARTER GENT Antwerp €33,262 -€3,531 -464.9% -
DE ARK Aalst €29,071 -€8,896 -15.7% -
Discovery Brasschaat €58,067 -€44,761 -394.9% -
CAPTAIN BLUE Ostend €260,516 €99,335 21.9% -

These companies have the same main activity as DIVE - STAR: water transport (NACE 50100). They are comparable in size and age: total assets between €29,100 and €261,000, founded between 1995 and 2016.

Official details

Source: KBO
Status
Active since 08-02-1994Normal situation
Activity
Water transportNACE 50100
Establishment unit
2.065.958.5578620 Nieuwpoort, since 14-03-1994
Financial year end
31 December
Peppol
Reachable since 30-12-2025
Company details

Annual accounts 2025

€29,736▲ 132%
Filing
Filed on 26-09-2026
Financials

Insights on DIVE - STAR

Solvency rose in 2025 from -204.9% to -5.5% because of the retained profit and lower debts.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about DIVE - STAR

What is the company number of DIVE - STAR?
The company number of DIVE - STAR is 0451.908.944. The VAT number is the same number with BE in front: BE 0451.908.944.
Where is DIVE - STAR based?
The registered office is at Edmond Ronselaan 7, 8630 Veurne.Company details
What does DIVE - STAR do?
According to the KBO register, the main activity is water transport (NACE 50100).
What is the legal form of DIVE - STAR?
DIVE - STAR is a private limited company (pre-2019) (BVBA).
When was DIVE - STAR founded?
DIVE - STAR was founded on 08-02-1994.
Is DIVE - STAR still active?
Yes, DIVE - STAR is an active enterprise in the KBO register.
What is the turnover of DIVE - STAR?
The turnover of DIVE - STAR was €56,243 in financial year 2025, according to the filed annual accounts.Financials
Is DIVE - STAR profitable?
In financial year 2025, DIVE - STAR made a profit of €24,661.
Where can I find the annual accounts of DIVE - STAR?
DIVE - STAR filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of DIVE - STAR due?
DIVE - STAR must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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