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GOSTAR

Active
Non-profit associationfounded 1995active for 30 yearsMoerstraat 105, 9230 Wetteren, BelgiumKBO/BCE: BE 0457.635.409
Summary

GOSTAR has been active since 1995 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€15,890) and a net result of €6,323. The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
“Alle activiteiten ontplooien die rechtstreeks of onrechtstreeks bijdragen tot de verwezenlijking van haar doel,met…” (deed in Dutch)
From the articlesNo NACE code in the KBO yet
Size
≈ €50,000turnover 2025, estimated
Equity
-€15,890
Surplus
€6,323
Turnover estimated from the gross margin
Financial health
55 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
2025 accounts filed 75 days late1 of 2 deeds summarised
Why 55raises riskCapped at 59: negative equityNegative equity -€15,890lowers riskLegal form: non-profit associationSize: total assets €8,196Founded in 1995Show the evidence

Checked score

Score 2025
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 43% of its sector peers (no NACE code, micro)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Average
Solvency 0=
equity -193.9% of total assets
Liquidity 50-19
short-term debt 99.4% · cash 74.2%
Profitability 100=
return on assets 77.1%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025lowest value 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: 0.1%▲ +0.1 percentage points vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.3%▲ +0.2 percentage points vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.4%▲ +0.1 percentage points vs 02-2026 04-2026: 0.3%▼ -0.1 percentage points vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.4%▲ +0.1 percentage points vs 06-2026highest value 08-2026: 0.4%● unchanged vs 07-2026highest value 09-2026: 0.4%● unchanged vs 08-2026highest value 10-2026: < 0.1%▼ -0.4 percentage points vs 09-2026
No credit on open account
Liquidity tight (current ratio 1.01, compared with 1.66 in 2023, below the usual 1.5; short-term debt: 99.4% and cash: 74.2% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro): better than 5% on solvency, 35% on liquidity and 90% on profitability.

The bankruptcy probability was computed on 30-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises risk
lowers risk · Legal form: non-profit association
KBO
lowers risk · Size: total assets €8,196
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 1995
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Negative equity -€15,890
NBB · annual accounts
raises risk · 2025 accounts filed 75 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-10-2026, 75 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filings
Deviation from the deadline
2025
75 days late
2023
15 days early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 2 accounts on average 30 days after the deadline; the Belgian median for financial year 2023 is 3 days before the deadline, and 40% of all filings were late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
31-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2023 · micro…
  3. Appointments: Herman Govaert (director) and Dirk…Amendment of the articles ·…

Financials · financial year 2025, micro format

2025 annual accounts filed late (75 days) Filed on 14 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00563842.

Turnover
≈ €50,000
Estimated: probably between €23,000 and €120,000
Total assets
€8,196▼ 45.7%
2023 · €15,087
Net result
€6,323▲ 6.2%
2023 · €5,954
Working capital
€50▼ 99.2%
2023 · €6,017
Trend over the years

2023 to 2025, 2 financial years

The operating result is €6,527 in 2025, compared with €6,149 in 2023. Comparable figures for the intervening years are unavailable.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€6,527 2025 Net result€6,323 2025

Use the arrow keys on the chart for the figures per year.

Available amounts per financial year
Line20232025
Operating result€6,149-€6,527-
Net result€5,954-€6,323-
Equity-€28,353--€15,890-
Total assets€15,087-€8,196-
Debt€43,439-€24,086-
Working capital€6,017-€50-
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Key figures and ratios
2025 value · change against 2023
Solvency
-193.9%▼
2023 · -187.9%
Current ratio
1.01▼
2023 · 1.66
ROA
77.1%▲
2023 · 39.5%
Debt ≤ 1 year
€8,146▼
2023 · €9,069
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,794 companies that looked in July 2024 the way this one looks now, 2.7% went bankrupt within 24 months and 91.5% are still going.

  • Micro
  • 20 years or older
  • negative equity
  • a profit of 5% of the balance sheet or more
2.7% went bankrupt
5.3% stopped otherwise
91.5% still going

A further 0.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: < 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 3,794 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2023 · 24 lines
Balance sheet Code20232025
Assets
Total assets20/58€15,087€8,196▼
Current assets29/58€15,087€8,196▼
Amounts receivable within one year40/41€0-
Trade receivables40€0-
Cash at bank and in hand54/58€13,261€6,078▼
Deferred charges and accrued income490/1€1,825€2,117▲
Equity and liabilities
Total equity and liabilities10/49€15,087€8,196▼
Equity10/15-€28,353-€15,890▲
Profit (loss) carried forward14-€28,353-€15,890▲
Amounts payable17/49€43,439€24,086▼
Amounts payable within one year42/48€9,069€8,146▼
Trade debts44€1,141€9▼
Suppliers440/4€1,141€9▼
Accrued charges and deferred income492/3€34,370€15,940▼
Income statement Code20232025
Non-recurring operating charges66A€0-
Gross operating margin9900€6,149€6,527▲
Operating profit (loss)9901€6,149€6,527▲
Financial charges65/66B€194€204▲
Recurring financial charges65€194€204▲
Profit (loss) for the period before taxes9903€5,954€6,323▲
Profit (loss) for the period9904€5,954€6,323▲
Profit (loss) for the period to be appropriated9905€5,954€6,323▲
Appropriation of the result
Profit (loss) to be appropriated9906-€28,353-€15,890▲
Profit (loss) brought forward from the previous period14P-€34,307-€22,213▲

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232025Change
Non-recurring operating charges66A€0--
Gross operating margin9900€6,149€6,527-
Operating profit (loss)9901€6,149€6,527-
Financial charges65/66B€194€204-
Recurring financial charges65€194€204-
Profit (loss) for the period before taxes9903€5,954€6,323-
Profit (loss) for the period9904€5,954€6,323-
Profit (loss) for the period to be appropriated9905€5,954€6,323-
Line20232025Change
Assets
Total assets20/58€15,087€8,196-
Current assets29/58€15,087€8,196-
Amounts receivable within one year40/41€0--
Trade receivables40€0--
Cash at bank and in hand54/58€13,261€6,078-
Deferred charges and accrued income490/1€1,825€2,117-
Equity and liabilities
Total equity and liabilities10/49€15,087€8,196-
Equity10/15-€28,353-€15,890-
Profit (loss) carried forward14-€28,353-€15,890-
Amounts payable17/49€43,439€24,086-
Amounts payable within one year42/48€9,069€8,146-
Trade debts44€1,141€9-
Suppliers440/4€1,141€9-
Accrued charges and deferred income492/3€34,370€15,940-
Line20232025Change
Profit (loss) for the period9904€5,954€6,323-
Operating cash flow (approximation)€5,954€6,323-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference
31-12-2025 micro format 14-10-2026 2026-00563842
31-12-2023 micro format 16-07-2024 2024-00255758

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
2 directors, last change in 2023
Dirk Schampheleer
Director · since 18-12-2023
Current
Herman Govaert
Director · since 18-12-2023
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
1 of this company's 2 Belgian Official Gazette deeds has not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

2 people since 2023, 2 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
Dirk Schampheleer
  • Director, from 18-12-2023 to date
Herman Govaert
  • Director, from 18-12-2023 to date
See the board, name and registered office on a given date →

Owners and capital

Owners

This non-profit association has no shareholders or capital.

Group and network

Connections & network

2 current directors
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

GOSTAR was incorporated on 16 December 1995.1 Total assets fell from €15,087 in 2023 to €8,196 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2023 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
14-10
NBB filing Annual accounts filed
financial year 2025 · micro format · 75 days late
2024
16-07
NBB filing Annual accounts filed
financial year 2023 · micro format
21-02
Gazette deed Appointments: Herman Govaert (director) and Dirk Schampheleer (director)
Amendment of the articles · Registered office clause11 facts ▸
  • General meeting, 18-12-2023
  • Director appointment, Herman Govaert (director)
  • Director appointment, Dirk Schampheleer (director)
  • Amendment of the articles
  • Other provision, “woonplaatskeuze leden, alle leden” (deed in Dutch)
  • Other provision, “woonplaatskeuze bestuurder, bestuurder” (deed in Dutch) (3 times)
  • Registered office clause, “Vlaams Gewest, 9230 Wetteren,Moerstraat 105” (deed in Dutch)
  • Other provision, “info@gostars.be, e-mailadres en website” (deed in Dutch)
  • Board composition, Herman Govaert (chair)
  • Board composition, Franscina Govaert (secrataris)
  • Board composition, Dirk Schampheleer (treasurer)
Gazette deedNBB filing
1 of 2 deeds read
About the unread acts

Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formNon-profit association
Founded16-12-1995
Financial year end31-12
Contact
E-mail info@gostars.be
E-invoicing
Not found in the Peppol Directory

No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if you send it electronically, you need their agreement on a secure channel. The invoice remains valid; it is the customer, not you, who risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 31 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Wetteren
exact location from the address register On OpenStreetMap
Ground area
3,665 m²
Building footprint
3,642 m²
Building volume
25,119 m³
Parcel 42302E0056/00W003, Flanders · tallest building 17.8 m. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
42302E0056/00W003 Flanders 3,665 m² 1 · 3,642 m² 17.8 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Alle activiteiten ontplooien die rechtstreeks of onrechtstreeks bijdragen tot de verwezenlijking van haar doel,met inbegrip van bijkomstige…” (deed in Dutch)
Text of the purpose (deed in Dutch)

“Alle activiteiten ontplooien die rechtstreeks of onrechtstreeks bijdragen tot de verwezenlijking van haar doel,met inbegrip van bijkomstige handelsactiviteiten waarvan de opbrengsten altijd volledig zullen worden bestemd voor de verwezenlijking van haar doel”

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
GOSTAR
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest, Artikel 2” (deed in Dutch)

deed of 21-02-2024

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Door algemene vergadering bepaald, bij geen duur geacht onbepaalde duur, 3” (deed in Dutch)
“Einde bestuursmandaat, Algemene Vergadering” (deed in Dutch)
Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
One provision in the deed

deed of 21-02-2024

Capital, shares and profit

Membership ruleWho can become a member or partner, and on what terms.
“Geen lidgeld verschuldigd, toetreding op agenda eerstvolgende bestuursvergadering” (deed in Dutch)
“Rechten en verplichtingen uitsluitend in statuten omschreven, Artikel 5.2” (deed in Dutch)
“Onmiddellijk en automatisch, Artikel 5.3” (deed in Dutch)
“Als Algemene Vergadering niet tot uitsluiting overgaat,vervalt schorsing van rechtswege en geacht nooit te hebben plaatsgehad, Bestuur kan…” (deed in Dutch)
“Uitsluiting geagendeerd met alleen naam, stemming over beëindigen lidmaatschap niet geheim” (deed in Dutch)
2 more provisions on this in the deed

deed of 21-02-2024

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Minstens 2/3 leden aanwezig of vertegenwoordigd, 4/5 aanwezige of vertegenwoordigde stemmen” (deed in Dutch)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Slechts onder voorwaarden WVV, VZW in vereffening” (deed in Dutch)

deed of 21-02-2024

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Algemene Vergadering-exclusieve bevoegdheden, Artikel 6.2” (deed in Dutch)
Other provision: “Algemene Vergadering – vergaderingen en bijeenroeping, schrijven per gewone of aangetekende brief of per e-mail indien art 2:32 WVV” (deed in Dutch)
Other provision: “Algemene Vergadering – aanwezigheidsquorum, minstens helft leden aanwezig of vertegenwoordigd” (deed in Dutch)
Other provision: “Algemene Vergadering – verloop en vragen, vragen leden vooraf of tijdens mondeling of schriftelijk over agendapunten” (deed in Dutch)
Other provision: “Algemene Vergadering – stemming, gewone meerderheid aanwezige of vertegenwoordigde leden behoudens WVV/statuten anders” (deed in Dutch)
Other provision: “Algemene Vergadering – verslag, zetel” (deed in Dutch)
Other provision: “Overblijvende bestuurders mogen nieuwe bestuurder coöpteren, Bestuur – coöptatie” (deed in Dutch)
Other provision: “Bestuur – bevoegdheden en intern reglement, alle handelingen intern bestuur nodig of dienstig voor belangeloos doel behalve exclusief…” (deed in Dutch)
Other provision: “Vergaderingen Bestuur, zo dikwijls als belang VZW vereist” (deed in Dutch)
Other provision: “Besluitvorming Bestuur, ten minste helft bestuurders aanwezig of vertegenwoordigd” (deed in Dutch)
Other provision: “Notulen Bestuur, zetel VZW” (deed in Dutch)
Other provision: “Bedragen artikel 2:57 WVV,ook andere WVV/wet-aansprakelijkheid en schulden art.XX.225 en XX.227 Wetboek Economisch Recht, aansprakelijkheid…” (deed in Dutch)
2 more provisions in the deed, see the deed of 21-02-2024

deed of 21-02-2024