ETOILE RENOVATION & CONSTRUCTION
ActiveThe computed 12-month bankruptcy probability of ETOILE RENOVATION & CONSTRUCTION is 5.0% (elevated). For ETOILE RENOVATION & CONSTRUCTION, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €80k and a net result of €54k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 46% of 3605 sector peers (fiscal year 2023). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
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
Axes, FY 2023 · tick = 2022
Profitability97▲+91
Solvency60▲+22
Growth85▲+30
Track record100
Bankruptcy probability, 12 months
5.0%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Seven 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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 2023Solvency, return and age of the figures
Solvency
35.3%
Return on assets
23.7%
Age of the figures
33 mo
raises risk · 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 · 5 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline22-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 13-09-2024, 44 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
44 d late
2022
68 d late
2021
87 d late
2020
24 d late
2019
109 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, full schema
Turnover
€190k▼ 15.3%
2022 · €224k
2019: €49k
2020: €224k
2021: €190k
2022: €224k
2019 → 2023
EBIT margin
28.3%▲ 31.2pp
2022 · -2.8%
2019: 38.6%
2020: -4.1%
2021: 28.3%
2022: -2.8%
2019 → 2023
Net result
€54k
2022 · €-6k
2019: €19k
2020: €-9k
2021: €54k
2022: €-6k
2019 → 2023
Working capital
€78k▲ 20,212%
2022 · €385
2019: €21k
2020: €-961
2021: €75k
2022: €385
2019 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Turnover€49k-€224k▲ 358%€190k▼ 15.3%€224k▲ 18.0%€190k▼ 15.3%
Equity€21k-€2k▼ 91.6%€77k▲ 4,352%€2k▼ 97.8%€80k▲ 4,530%
Operating result€19k-€-9k€54k€-6k€54k
Net result€19k-€-9k€54k€-6k€54k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2023: €54k after a loss of €6k in 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €227k
Fixed assets
€1k▲ 10.4%
Current assets
€225k▲ 1,706%
Equity and liabilities €227k
Equity
€80k▲ 4,530%
Debt
€147k▲ 1,116%
The debt ratio falls from 87.5% to 64.7%. Equity and debt are higher.
Key figures and ratios
Solvency
35.3%▲
2022 · 12.5%
Current ratio
1.53▲
2022 · 1.03
Quick ratio
1.53▲
2022 · 1.03
Debt / equity
1.83▼
2022 · 6.98
ROE
67.0%▲
2022 · -367.8%
ROA
23.7%▲
2022 · -46.1%
Debt
€147k▲
2022 · €12k
Debt ≤ 1 year
€147k▲
2022 · €12k
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 · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€14k€227k▲
Formation expenses20-€452
Fixed assets21/28€1k€1k▲
Tangible fixed assets22/27€1k€1k▲
Plant, machinery and equipment23€430-
Furniture and vehicles24€616€1k▲
Financial fixed assets28€300€300=
Current assets29/58€12k€225k▲
Amounts receivable within one year40/41€9k€215k▲
Trade receivables40€6k€187k▲
Other amounts receivable41€3k€28k▲
Cash at bank and in hand54/58€3k€10k▲
Deferred charges and accrued income490/1€648-
Equity and liabilities
Total equity and liabilities10/49€14k€227k▲
Equity10/15€2k€80k▲
Contributions10/11€19k€9k▼
Reserves13-€3k
Non-distributable reserves130/1-€3k
Other1319-€3k
Profit (loss) carried forward14€-17k€69k▲
Amounts payable17/49€12k€147k▲
Amounts payable within one year42/48€12k€147k▲
Trade debts44€10k€19k▲
Suppliers440/4€10k€19k▲
Advances received on contracts in progress46-€115k
Taxes, remuneration and social security45-€14k
Taxes450/3-€5k
Remuneration and social security454/9-€9k
Other amounts payable47/48€2k-
Income statement
Code20222023
Turnover70€224k€190k▼
Goods, raw materials, services and sundry goods60/61€227k€135k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k-
Other operating charges640/8€2k€1k▼
Gross operating margin9900-€55k
Operating profit (loss)9901€-6k€54k▲
Financial charges65/66B€57€23▼
Recurring financial charges65€57€23▼
Profit (loss) for the period before taxes9903€-6k€54k▲
Profit (loss) for the period9904€-6k€54k▲
Profit (loss) for the period to be appropriated9905€-6k€54k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-6k€54k▲
Transfer from equity791/2-€69k
Transfer to equity691/2€6k-
To other reserves6921€6k-
Profit to be distributed694/7€4k€54k▲
Other beneficiaries697€4k€54k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
13-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 44 days late
2023
31-12
Financial
Back to profitnet €54k
Net result €54k after one loss-making year.
07-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 68 days late
2022
26-10
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 87 days late
2021
31-12
Financial
Back to profitnet €54k
Net result €54k after one loss-making year.
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 24 days late
2020
31-12
Financial
Weakest financial yearnet €-9k ▼149%
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
17-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 109 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2023
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
07-03-2023
Resigned as Manager
Location & real-estate footprint
Registered office, Sint-Jans-Molenbeek · 1 establishment unit since 2018
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.
Vrijheidslaan 1751080 Sint-Jans-MolenbeekGround area
462 m²
Building footprint
328 m²
Volume, LiDAR
2,177 m³
2 parcels, Brussels, Flanders · tallest building 12.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Etoile Rénovation & Construction
since 20182.286.796.279
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21526D0069/02A005 | Brussels | 310 m² | 1 · 243 m² | 10.9 m · 2 fl. |
| 22552F0285/02B000 | Flanders | 152 m² | 1 · 85 m² | 12.6 m · 3 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.
Structure & network
Connections & network
8 connected companiesNetwork connections
Shared address
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Shared address
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Shared address
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Shared address
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Show 4 more network connections
Shared address
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Shared address
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Shared address
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Shared address
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Similar companies · same sector, comparable size
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SADEBO
BE 0738.602.639
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JILKA
BE 0552.835.167
Dendermonde · Eq €80k
BOTIBAT
BE 0871.910.234
Brussel · Eq €80k
WB Algemene werken
BE 1016.915.534
Balen · Eq €81k
Of 8,456 companies in sector 43120 we hold annual accounts for 3,233. 2,611 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-11-2018
Fiscal year end31-12
Activities, NACEBEL
43120Site preparation
43310Plastering work
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
81210General cleaning of buildings
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 5 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.