Summary
IMMO STARC is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €184,606 and a net result of €15,296. Equity remains stable across the filed fiscal years (±1.9% per year). Its solvency ranks better than 78% of 6166 sector peers (fiscal year 2024). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-07-2025, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
7 d early
2023
on the day
2022
19 d early
2021
6 d early
2020
15 d early
2019
1 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 8 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, abbreviated schema
Equity
€184,606▲ 9.0%
2023 · €169,311
Net result
€15,296
2023 · -€3,242
Total assets
€225,077▲ 1.5%
2023 · €221,666
Solvency
82.0%▲ 5.6pp
2023 · 76.4%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€4,011▲ 4.2%-€2,719▲ 32.2%-€2,872▼ 5.6%-€2,750▲ 4.3%€15,772
Net result-€4,553below the sector's middle half▲ 62.3%-€3,410below the sector's middle half▲ 25.1%-€3,254below the sector's middle half▲ 4.6%-€3,242below the sector's middle half▲ 0.4%€15,296within the sector's middle half
Equity€179,216within the sector's middle half▼ 2.5%€175,806within the sector's middle half▼ 1.9%€172,552within the sector's middle half▼ 1.9%€169,311below the sector's middle half▼ 1.9%€184,606below the sector's middle half▲ 9.0%
Total assets€454,246below the sector's middle half▼ 5.6%€264,399below the sector's middle half▼ 41.8%€261,208below the sector's middle half▼ 1.2%€221,666below the sector's middle half▼ 15.1%€225,077below the sector's middle half▲ 1.5%
Debt€275,029▼ 7.5%€88,594▼ 67.8%€88,656▲ 0.1%€52,356▼ 40.9%€40,471▼ 22.7%
Working capital€161,471within the sector's middle half▼ 4.5%€159,084within the sector's middle half▼ 1.5%€156,854within the sector's middle half▼ 1.4%€154,636within the sector's middle half▼ 1.4%€176,606within the sector's middle half▲ 14.2%
Solvency39.5%within the sector's middle half▲ 1.2pp66.5%within the sector's middle half▲ 27.0pp66.1%within the sector's middle half▼ 0.4pp76.4%within the sector's middle half▲ 10.3pp82.0%above the sector's middle half▲ 5.6pp
Current ratio1.59within the sector's middle half▲ 0.012.80within the sector's middle half▲ 1.212.77within the sector's middle half▼ 0.033.95above the sector's middle half▲ 1.185.36above the sector's middle half▲ 1.41
Return on assets (ROA)-1.0%below the sector's middle half▲ 1.5pp-1.3%below the sector's middle half▼ 0.3pp-1.2%below the sector's middle half=-1.5%below the sector's middle half▼ 0.2pp6.8%within the sector's middle half▲ 8.3pp
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €15,772 after a loss of €2,750 in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €225,077
Fixed assets
€8,000 ▼ 45.5%
Current assets
€217,077 ▲ 4.9%
Equity and liabilities €225,077
Equity
€184,606 ▲ 9.0%
Debt
€40,471 ▼ 22.7%
Debt's share of the balance-sheet total falls from 23.6% to 18.0%. Equity is higher and debt is lower.
Key figures and ratios
ROE
8.3%▲
2023 · -1.9%
Debt ≤ 1 year
€40,471▼
2023 · €52,356
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €21,825 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,047 | €1,024 | €1,024 | €1,024 | - | - |
| Other operating charges640/8 | - | €410 | €410 | €124 | €1,804 | ▲ 1,355% |
| Gross operating margin9900 | -€1,554 | -€1,286 | -€1,439 | -€1,602 | €17,576 | ▲ 1,197% |
| Operating profit (loss)9901 | -€4,011 | -€2,719 | -€2,872 | -€2,750 | €15,772 | ▲ 674% |
| Financial charges65/66B | - | €691 | €381 | €492 | €477 | ▼ 3.1% |
| Recurring financial charges65 | €542 | €691 | €381 | €492 | €477 | ▼ 3.1% |
| Profit (loss) for the period before taxes9903 | -€4,553 | -€3,410 | -€3,254 | -€3,242 | €15,296 | ▲ 572% |
| Profit (loss) for the period9904 | -€4,553 | -€3,410 | -€3,254 | -€3,242 | €15,296 | ▲ 572% |
| Profit (loss) for the period to be appropriated9905 | -€4,553 | -€3,410 | -€3,254 | -€3,242 | €15,296 | ▲ 572% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €454,246 | €264,399 | €261,208 | €221,666 | €225,077 | ▲ 1.5% |
| Fixed assets21/28 | €17,746 | €16,722 | €15,698 | €14,675 | €8,000 | ▼ 45.5% |
| Tangible fixed assets22/27 | €17,746 | €16,722 | €15,698 | €14,675 | €8,000 | ▼ 45.5% |
| Land and buildings22 | - | €16,722 | €15,698 | €14,675 | €8,000 | ▼ 45.5% |
| Current assets29/58 | €436,500 | €247,677 | €245,509 | €206,992 | €217,077 | ▲ 4.9% |
| Amounts receivable after more than one year29 | - | €212,528 | €212,528 | - | - | - |
| Other amounts receivable291 | - | €212,528 | €212,528 | - | - | - |
| Stocks and contracts in progress3 | €24,000 | €24,000 | €24,000 | €24,000 | €24,000 | = |
| Stocks30/36 | - | €24,000 | €24,000 | €24,000 | €24,000 | = |
| Amounts receivable within one year40/41 | €5,310 | €5,310 | €5,310 | €181,538 | €169,538 | ▼ 6.6% |
| Trade receivables40 | - | €5,310 | €5,310 | €5,310 | €5,310 | = |
| Other amounts receivable41 | - | - | - | €176,228 | €164,228 | ▼ 6.8% |
| Cash at bank and in hand54/58 | €28,126 | €5,839 | €3,671 | €1,453 | €23,539 | ▲ 1,520% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €454,246 | €264,399 | €261,208 | €221,666 | €225,077 | ▲ 1.5% |
| Equity10/15 | €179,216 | €175,806 | €172,552 | €169,311 | €184,606 | ▲ 9.0% |
| Contributions10/11 | - | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Reserves13 | €95,862 | €95,862 | €95,862 | €95,862 | €95,862 | = |
| Non-distributable reserves130/1 | - | €7,643 | €7,643 | €7,643 | - | - |
| Reserves not available under the articles1311 | - | €7,643 | €7,643 | €7,643 | - | - |
| Distributable reserves133 | - | €88,219 | €88,219 | €88,219 | €95,862 | ▲ 8.7% |
| Profit (loss) carried forward14 | -€16,646 | -€20,056 | -€23,310 | -€26,552 | -€11,256 | ▲ 57.6% |
| Amounts payable17/49 | €275,029 | €88,594 | €88,656 | €52,356 | €40,471 | ▼ 22.7% |
| Amounts payable within one year42/48 | €275,029 | €88,594 | €88,656 | €52,356 | €40,471 | ▼ 22.7% |
| Trade debts44 | €72,600 | €72,600 | €72,662 | €62 | - | - |
| Suppliers440/4 | - | €72,600 | €72,662 | €62 | - | - |
| Other amounts payable47/48 | - | €15,994 | €15,994 | €52,294 | €40,471 | ▼ 22.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€4,553 | -€3,410 | -€3,254 | -€3,242 | €15,296 | ▲ 572% |
| + Depreciation and write-downs630 | €2,047 | €1,024 | €1,024 | €1,024 | - | - |
| Operating cash flow (approximation) | -€2,506 | -€2,387 | -€2,230 | -€2,218 | €15,296 | ▲ 790% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €6,675 | - |
| Change in cash | - | -€22,287 | -€2,168 | -€2,218 | €22,085 | ▲ 1,096% |
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
2025
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €15,296
Net result €15,296 after 5 loss-making years.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
12-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
16-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet -€12,093
Net result drops to -€12,093, the lowest in the series; recovery starts the following year.
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
04-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
20-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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
Registered office, Sint-Truiden · 1 establishment unit since 2011
Ground area
2,738 m²
Building footprint
477 m²
Volume, LiDAR
1,750 m³
Parcel 71352C0892/00C000, Flanders · tallest building 8.1 m, ±1 floor. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Immo Starc
since 20112.207.494.920
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71352C0892/00C000 | Flanders | 2,738 m² | 1 · 476 m² | 8.1 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 24,728 companies in sector 64210 we hold annual accounts for 19,805. 13,544 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded22-12-2011
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
68110Buying and selling of own real estate
70200Business and other management consultancy
E-invoicing
Not found in the Peppol register
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Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.