J.K. STAR
InactiveJ.K. STAR was declared bankrupt on 16-09-2021 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed for insufficient assets by judgment of 16-05-2023, published in the Belgian State Gazette on 24-05-2023.
No longer registered with the KBO; last annual accounts for fiscal year 2019.
Signals
Four signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2019. Since then, 6 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2020 close31-07-2021 deadline22-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 27-10-2020, 88 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
88 d late
← before the deadline
after the deadline →
Financials · fiscal year 2019, abbreviated schema
Equity
€161k▲ 1,666%
2018 · €9k
2018: €9k
2018 → 2019
Total assets
€1.51M▲ 5.3%
2018 · €1.44M
2018: €1.44M
2018 → 2019
Net result
€152k
2018 · €-48k
2018: €-48k
2018 → 2019
Working capital
€188k▲ 2,183%
2018 · €8k
2018: €8k
2018 → 2019
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019Trend
Equity€9k-€161k▲ 1,666%
Operating result€27k-€185k▲ 594%
Net result€-48k-€152k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2019; 2019 is 594% above 2018.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €1.51M
Fixed assets
€800▼ 5.9%
Current assets
€1.51M▲ 5.3%
Equity and liabilities €1.51M
Equity
€161k▲ 1,666%
Debt
€1.35M▼ 5.3%
The debt ratio falls from 99.4% to 89.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€185k▲
2018 · €27k
Cash flow
€152k▲
2018 · €-48k
Solvency
10.6%▲
2018 · 0.6%
Current ratio
1.14▲
2018 · 1.01
Quick ratio
0.16▼
2018 · 0.16
ROE
94.3%▲
2018 · -528.7%
ROA
10.0%▲
2018 · -3.3%
Debt
€1.35M▼
2018 · €1.43M
Debt ≤ 1 year
€1.32M▼
2018 · €1.43M
Income taxes
€7k▲
2018 · €6k
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 · 2019 against 2018
Balance sheet
Code20182019
Assets
Total assets20/58€1.44M€1.51M▲
Fixed assets21/28€850€800▼
Tangible fixed assets22/27€50-
Financial fixed assets28€800€800=
Current assets29/58€1.44M€1.51M▲
Stocks and contracts in progress3€1.21M€1.31M▲
Amounts receivable within one year40/41€226k€188k▼
Cash at bank and in hand54/58€1k€3k▲
Equity and liabilities
Total equity and liabilities10/49€1.44M€1.51M▲
Equity10/15€9k€161k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Profit (loss) carried forward14€-11k€140k▲
Amounts payable17/49€1.43M€1.35M▼
Amounts payable within one year42/48€1.43M€1.32M▼
Trade debts44€890k€755k▼
Income statement
Code20182019
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€60€50▼
Gross operating margin9900€30k€185k▲
Operating profit (loss)9901€27k€185k▲
Recurring financial income75€29k€113k▲
Recurring financial charges65€97k€139k▲
Profit (loss) for the period before taxes9903€-42k€159k▲
Income taxes67/77€6k€7k▲
Profit (loss) for the period9904€-48k€152k▲
Profit (loss) for the period to be appropriated9905€-48k€152k▲
Timeline · acts, filings and financial milestones
2023
24-05
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · J.K STAR BV VESTINGSTRAAT 49/21, 2018 ANTWERPEN 1 · event 16-05-2023
2021
22-09
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · J.K STAR BV VESTING- STRAAT 49/21, 2018 ANTWERPEN 1 · event 16-09-2021
2020
27-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 88 days late
2019
31-12
Financial
Back to profitnet €152k
Net result €152k after one loss-making year.
31-12
Financial
Equity above €150kEq €161k ▲1666%
Equity rises from €9k to €161k.
29-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 90 days late
25-06
Bankruptcy
Bankruptcy reversal
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · J.K STAR BVBA VESTINGSTRAAT 49/21, 2018 ANTWERPEN 1 · event 20-06-2019
20-03
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · J.K STAR BVBA VESTING- STRAAT 49/21, 2018 ANTWERPEN 1 · event 14-03-2019
2018
06-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 128 days late
06-12
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 858 days late
06-12
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 1224 days late
06-12
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 1589 days late
2017
06-12
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 128 days late
2013
16-07
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
14-08
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema · 14 days late
2011
30-06
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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
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.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | STEFFI VANHULLE TOUWSLAGERSTRAAT 6,
9240 ZELE |
16-09-2021 → present |
| Curator | KAREL VAN KILDONCK BELGIELEI 196,
2018 ANTWERPEN 1 |
14-03-2019 → present |