Electrostar
The computed 12-month bankruptcy probability of Electrostar is 1.6% (moderate). The 2025 annual accounts show negative equity (€-69k) and a net result of €-6k. Equity is shrinking by ~5.2% per year across the filed fiscal years. Its solvency ranks better than 5% of 1067 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-69k |
| Net result | €-6k |
| Better than sector | 5% |
| Active | 5 yrs |
Mixed profile: strong on stability, weaker on health.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -546.2% | 51.1% | |
| Net result | €-6k | €24k | |
| Equity | €-69k | €51k | |
| Gross operating margin | €-638 | €46k | |
| Total assets | €13k | €117k |
| Fiscal year | 2025 |
|---|---|
| Revenue | - |
| EBITDA | €-987 |
| Net profit | €-6k |
| Cash flow | €-1k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €13k |
| Equity | €-69k |
| Debt | €81k |
| of which ≤ 1y | €81k |
| of which > 1y | - |
| Working capital | €-73k |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | 0.10 |
| Quick ratio | 0.10 |
| Working capital ratio | -578.4% |
| Solvency | -546.2% |
| Debt / equity | -1.18 |
| Long-term debt ratio | - |
| Interest coverage | -4.93 |
| Gross margin | - |
| Net margin | - |
| ROA | -47.8% |
| ROE | 8.7% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €13k |
| Fixed assets | 21/28 | €4k |
| Tangible fixed assets | 22/27 | €4k |
| Current assets | 29/58 | €9k |
| Amounts receivable within one year | 40/41 | €8k |
| Cash & bank | 54/58 | €530 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €13k |
| Equity | 10/15 | €-69k |
| Contributions / capital | 10/11 | €3k |
| Accumulated profits (losses) | 14 | €-72k |
| Amounts payable | 17/49 | €81k |
| Amounts payable within one year | 42/48 | €81k |
| Trade debts payable within one year | 44 | €13k |
| Income statement | ||
| Gross operating margin | 9900 | €-638 |
| Operating result | 9901 | €-6k |
| Financial charges | 65 | €200 |
| Result before taxes | 9903 | €-6k |
| Net result for the period | 9904 | €-6k |
| Result to be appropriated | 9905 | €-6k |
| NACE primary | 82990 |
| Legal form | Private limited company(610) |
| Incorporation | 22-12-2020 |
| Status | Active |
| Postal code | 2390 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11049B0642/00F002 | Flanders | 1,252 m² | 1 · 176 m² | 6.1 m |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
24-10-2025 Registered office moved from Malle to Westmalle
- Hallebaan 47, 2390 Malle → Den Mostheuvel 20, 2390 Westmalle
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Westmalle",
"region": null,
"street": "Den Mostheuvel",
"country": "BE",
"postcode": "2390",
"box_number": null,
"street_number": "20"
},
"old_address": {
"city": "Malle",
"region": null,
"street": "Hallebaan",
"country": "BE",
"postcode": "2390",
"box_number": "8",
"street_number": "47"
},
"effective_date": "2025-01-01",
"evidence_quote": "Het bestuur beslist dat de zetel van de vennootschap zal worden verplaatst van Hallebaan 47/ Bus 8, 2390 Malle naar Den Mostheuvel 20, 2390 Westmalle, en dit vanaf 01/01/2025."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0760.409.724",
"name_full": "ELECTROSTAR",
"legal_form": "BV"
}
}24-12-2020 Incorporation of a new BV
Technical details
{
"kind": "oprichting",
"seat": "2390 Malle, Hallebaan 47 bus 8",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1994-03-26",
"name": "Heymans, Levi",
"niss": null,
"address": "2390 Malle, Hallebaan 47 Bus 8"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 3000,
"holder_person_name": "Heymans, Levi",
"is_subscriber_only": false,
"n_shares_subscribed": 100,
"amount_subscribed_eur": 3000,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 3000,
"subject_company": {
"kbo": "0760.409.724",
"name_full": "Electrostar",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2020-12-21",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | Electrostar |