FIVE STAR
InactiveFIVE STAR was declared bankrupt on 13-07-2023 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed for insufficient assets by judgment of 15-10-2024, published in the Belgian State Gazette on 23-10-2024.
Summary
Inactive; last annual accounts for fiscal year 2018.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · No filing for years
The last filed financial year closed on 30-09-2018. Since then, 7 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 6 filingsPosition against the passed deadline
30-09-2019 close30-04-2020 deadline26-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2018 was due by 30-04-2019 and was filed on 30-04-2019, 0 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
tick = median of all Belgian filings
The Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
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
Address struck
History
Financials · fiscal year 2018, micro schema
Equity
€71,077
Total assets
€186,896
Net result
€7,544
Working capital
€71,831
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €186,896
Fixed assets
€23,664
Current assets
€163,232
Equity and liabilities €186,896
Equity
€71,077
Debt
€115,820
Debt finances 62.0% of the balance-sheet total.
Key figures and ratios
EBITDA
€15,903
Cash flow
€12,009
Current ratio
1.79
Quick ratio
0.19
Debt to equity
0.34
ROE
10.6%
ROA
4.0%
Debt ≤ 1 year
€91,401
Debt > 1 year
€23,847
Income taxes
€3,194
Annual accounts
| Line | 2018 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,465 |
| Gross operating margin9900 | €18,665 |
| Operating profit (loss)9901 | €11,438 |
| Recurring financial charges65 | €701 |
| Profit (loss) for the period before taxes9903 | €10,738 |
| Income taxes67/77 | €3,194 |
| Profit (loss) for the period9904 | €7,544 |
| Profit (loss) for the period to be appropriated9905 | €7,544 |
| Line | 2018 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €186,896 | |
| Fixed assets21/28 | €23,664 | |
| Tangible fixed assets22/27 | €10,653 | |
| Financial fixed assets28 | €13,011 | |
| Current assets29/58 | €163,232 | |
| Stocks and contracts in progress3 | €145,629 | |
| Amounts receivable within one year40/41 | €14,676 | |
| Cash at bank and in hand54/58 | €2,927 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €186,896 | |
| Equity10/15 | €71,077 | |
| Contributions10/11 | €62,500 | |
| Reserves13 | €6,250 | |
| Profit (loss) carried forward14 | €2,327 | |
| Amounts payable17/49 | €115,820 | |
| Amounts payable after more than one year17 | €23,847 | |
| Amounts payable within one year42/48 | €91,401 | |
| Trade debts44 | €42,383 | |
| Line | 2018 |
|---|---|
| Profit (loss) for the period9904 | €7,544 |
| + Depreciation and write-downs630 | €4,465 |
| Operating cash flow (approximation) | €12,009 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2024
23-10
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 15-10-2024
2023
08-12
KBO administration
Address struck
19-07
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 13-07-2023
2019
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
2017
16-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 16 days late
2016
20-04
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
23-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 84 days late
2014
30-04
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
SignalNBB filing
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
7 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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | DIRK DEVROE KROMVENDREEF 15, 2900 SCHOTEN- |
13-07-2023 → 15-10-2024 |
Identification & contact
Identification
Legal formNV
Fiscal year end30-09
Scores and ratios are computed by Checked and are not a credit decision.