DIVE - STAR
ActiveDIVE - STAR has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-26k) and a net result of €-13k. Equity remains stable across the filed fiscal years (±1.8% per year). Its solvency ranks better than 5% of 115 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
35
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-95
Solvency0=
Growth44▼-24
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.1 against 0.57 in 2023; short-term debt: 304.9% and cash: 28% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2024Solvency, return and age of the figures
Solvency
-204.9%
Return on assets
-97.8%
Age of the figures
21 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 50
Relative position
BE, all sectors
reference
Sector 50
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-26k
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-11-2025, 121 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
121 d late
2023
16 d late
2022
36 d late
2021
38 d late
2020
19 d late
2019
4 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Turnover
€29k▼ 31.0%
2023 · €43k
2018: €33k
2019: €42k
2020: €24k
2021: €53k
2022: €785
2023: €43k
2018 → 2024
EBIT margin
-42.8%▼ 60.4pp
2023 · 17.6%
2018: -4.8%
2019: 1.1%
2020: 3.8%
2021: 42.3%
2022: -4543.1%
2023: 17.6%
2018 → 2024
Net result
€-13k
2023 · €14k
2018: €-2k
2019: €474
2020: €11k
2021: €25k
2022: €-36k
2023: €14k
2018 → 2024
Working capital
€-35k▼ 155%
2023 · €-14k
2018: €-36k
2019: €-28k
2020: €-17k
2021: €8k
2022: €-28k
2023: €-14k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€24k-€53k▲ 120%€785▼ 98.5%€43k▲ 5,322%€29k▼ 31.0%
Equity€-17k-€8k€-28k€-14k▲ 50.9%€-26k▼ 91.4%
Operating result€931-€23k▲ 2,326%€-36k€7k€-13k
Net result€11k-€25k▲ 129%€-36k€14k€-13k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €13k after €7k in 2023.
Balance-sheet composition
Assets €13k
Fixed assets
€9k
Current assets
€4k
Key figures and ratios
EBITDA
€-8k▼
2023 · €7k
Cash flow
€-8k▼
2023 · €14k
Solvency
-204.9%▼
2023 · -74.0%
Current ratio
0.10▼
2023 · 0.57
Quick ratio
0.10▼
2023 · 0.57
Debt / equity
-1.49▲
2023 · -2.35
ROA
-97.8%▼
2023 · 76.8%
Interest coverage
742.09
Debt
€39k▲
2023 · €32k
Debt ≤ 1 year
€39k▲
2023 · €32k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€19k€13k▼
Fixed assets21/28-€9k
Tangible fixed assets22/27-€9k
Furniture and vehicles24-€9k
Current assets29/58€19k€4k▼
Amounts receivable within one year40/41€360€433▲
Other amounts receivable41€360€433▲
Cash at bank and in hand54/58€18k€4k▼
Equity and liabilities
Total equity and liabilities10/49€19k€13k▼
Equity10/15€-14k€-26k▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-32k€-45k▼
Amounts payable17/49€32k€39k▲
Amounts payable within one year42/48€32k€39k▲
Trade debts44€401€2k▲
Suppliers440/4€401€2k▲
Other amounts payable47/48€32k€37k▲
Income statement
Code20232024
Turnover70€43k€29k▼
Non-recurring operating income76A€0-
Goods, raw materials, services and sundry goods60/61€35k€37k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0€4k▲
Other operating charges640/8€170€421▲
Gross operating margin9900€8k€-8k▼
Operating profit (loss)9901€7k€-13k▼
Financial income75/76B€7k€0▼
Recurring financial income75€7k€0▼
Non-recurring financial income76B€7k€0▼
Financial charges65/66B-€-11
Recurring financial charges65-€-11
Profit (loss) for the period before taxes9903€14k€-13k▼
Profit (loss) for the period9904€14k€-13k▼
Profit (loss) for the period to be appropriated9905€14k€-13k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-32k€-45k▼
Profit (loss) brought forward from the previous period14P€-47k€-32k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-11
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 121 days late
2024
16-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 16 days late
2023
31-12
Financial
Back to profitnet €14k
Net result €14k after one loss-making year.
05-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 36 days late
2022
31-12
Financial
Weakest financial yearnet €-36k ▼244%
Net result drops to €-36k, the lowest in the series; recovery starts the following year.
07-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 38 days late
2021
31-12
Financial
Highest result since 2018net €25k ▲129%
Operating result €23k, net result €25k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 1.33
Current ratio from 0.57 to 1.33; short-term debt falls from €40k to €23k.
19-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 19 days late
2020
27-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €474
Net result €474 after one loss-making year.
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
20-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 20 days late
2016
03-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 3 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Veurne · 1 establishment unit since 1994
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.
Edmond Ronselaan 78630 VeurneGround area
4,355 m²
Building footprint
1,611 m²
Volume, LiDAR
16,774 m³
2 parcels, Flanders · tallest building 17.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
DIVE-STAR BVBA
since 19942.065.958.557
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38016A0012/00K004 | Flanders | 3,754 m² | 1 · 1,436 m² | 17.4 m · 4 fl. |
| 38025B0279/00S000 | Flanders | 600 m² | 1 · 175 m² | 6.2 m · 2 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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 264 EUR awarded · 264 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 264 EUR | 264 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteNieuwpoort2.065.958.557
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Of 96 companies in sector 50100 we hold annual accounts for 38. 14 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded08-02-1994
Fiscal year end31-12
Activities, NACEBEL
50100Water transport
61100Wired, wireless and satellite telecommunications
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.