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LISTAR

Active
Private limited companyfounded 20187 yrs activePapiermolenstraat 17, 1160 Oudergem, BelgiumKBO/BCE: BE 0708.900.348
Summary

The computed 12-month bankruptcy probability of LISTAR is 5.7% (elevated). The 2024 annual accounts show equity of €13,380 and a net result of -€918. Equity is shrinking by ~6.6% per year across the filed fiscal years. The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability20▼-2
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
5.7% Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
short-term debt: 0.3% and cash: 99% of total assets, and 0.3% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 7 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 2024
Solvency, return and age of the figures
Solvency
99.7%
Return on assets
-6.8%
Age of the figures
21 mo
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 17-06-2025, 44 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
not confirmed
2024
44 d early
2023
38 d early
2022
31 d early
2021
31 d early
2020
26 d late
2019
55 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 11 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

LISTAR was incorporated on 10 October 2018.1 Total assets fell from EUR 19,081 in 2019 to EUR 13,422 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€13,380▼ 6.4%
2023 · €14,298
Total assets
€13,422▼ 6.2%
2023 · €14,313
Net result
-€918▼ 5.7%
2023 · -€869
Working capital
€13,380▼ 6.5%
2023 · €14,313
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result-€791-€1,882▼ 138%-€843▲ 55.2%-€806▲ 4.4%-€875▼ 8.5%
Net result-€858-€1,945▼ 127%-€858▲ 55.9%-€869▼ 1.3%-€918▼ 5.7%
Equity€17,970▼ 4.6%€16,025▼ 10.8%€15,167▼ 5.4%€14,298▼ 5.7%€13,380▼ 6.4%
Total assets€18,095▼ 5.2%€16,088▼ 11.1%€15,529▼ 3.5%€14,313▼ 7.8%€13,422▼ 6.2%
Debt€125▼ 50.4%€63▼ 49.8%€363▲ 475%€15▼ 95.9%€42▲ 182%
Working capital€18,033▼ 4.5%€15,182€14,313▼ 5.7%€13,380▼ 6.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€2,000-€1,500-€1,000-€500€0Operating result 2020: -€791-€791Net result 2020: -€858-€858Operating result 2021: -€1,882-€1,882Net result 2021: -€1,945-€1,945Operating result 2022: -€843-€843Net result 2022: -€858-€858Operating result 2023: -€806-€806Net result 2023: -€869-€869Operating result 2024: -€875-€875Net result 2024: -€918-€91820202021202220232024-€1,000-€750-€500-€250€0Operating result 2022: -€843-€843Net result 2022: -€858-€858Operating result 2023: -€806-€806Net result 2023: -€869-€869Operating result 2024: -€875-€875Net result 2024: -€918-€918202220232024
The operating result stays negative: a loss of €875 in 2024 against €806 in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €13,422
Equity €13,380 ▼ 6.4%
Debt €42 ▲ 182%
Debt's share of the balance-sheet total rises from 0.1% to 0.3%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
Debt to equity
0.00▲
2023 · 0.00
ROE
-6.9%▼
2023 · -6.1%
ROA
-6.8%▼
2023 · -6.1%
Debt ≤ 1 year
€42▲
2023 · €0
A ratio outside any meaningful range has been withheld (balance sheet total €13,422, equity €13,380).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,440 companies that looked in July 2024 the way this one looks now, 2.1% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a small loss
2.1% went bankrupt
7.4% stopped otherwise
90% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 5.7% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 3,440 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 · 2024 against 2023 · 23 lines
Balance sheet Code20232024
Assets
Total assets20/58€14,313€13,422▼
Current assets29/58€14,313€13,422▼
Amounts receivable within one year40/41€131€131=
Other amounts receivable41€131€131=
Cash at bank and in hand54/58€14,182€13,291▼
Equity and liabilities
Total equity and liabilities10/49€14,313€13,422▼
Equity10/15€14,298€13,380▼
Contributions10/11€18,600€18,600=
Profit (loss) carried forward14-€4,302-€5,220▼
Amounts payable17/49€15€42▲
Amounts payable within one year42/48€0€42▲
Trade debts44€0€42▲
Suppliers440/4€0€42▲
Accrued charges and deferred income492/3€15-
Income statement Code20232024
Gross operating margin9900-€806-€875▼
Operating profit (loss)9901-€806-€875▼
Financial charges65/66B€63€44▼
Recurring financial charges65€63€44▼
Profit (loss) for the period before taxes9903-€869-€918▼
Profit (loss) for the period9904-€869-€918▼
Profit (loss) for the period to be appropriated9905-€869-€918▼
Appropriation of the result
Profit (loss) to be appropriated9906-€4,302-€5,220▼
Profit (loss) brought forward from the previous period14P-€3,433-€4,302▼

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

Line20202021202220232024Change
Other operating charges640/8-€150----
Gross operating margin9900-€791-€1,732-€843-€806-€875▼ 8.5%
Operating profit (loss)9901-€791-€1,882-€843-€806-€875▼ 8.5%
Financial charges65/66B-€63€15€63€44▼ 31.0%
Recurring financial charges65€63€63€15€63€44▼ 31.0%
Profit (loss) for the period before taxes9903-€854-€1,945-€858-€869-€918▼ 5.7%
Income taxes67/77€3-----
Profit (loss) for the period9904-€858-€1,945-€858-€869-€918▼ 5.7%
Profit (loss) for the period to be appropriated9905-€858-€1,945-€858-€869-€918▼ 5.7%
Line20202021202220232024Change
Assets
Total assets20/58€18,095€16,088€15,529€14,313€13,422▼ 6.2%
Current assets29/58€18,095€16,088€15,529€14,313€13,422▼ 6.2%
Amounts receivable within one year40/41€131€131€131€131€131=
Other amounts receivable41-€131€131€131€131=
Cash at bank and in hand54/58€17,964€15,957€15,398€14,182€13,291▼ 6.3%
Equity and liabilities
Total equity and liabilities10/49€18,095€16,088€15,529€14,313€13,422▼ 6.2%
Equity10/15€17,970€16,025€15,167€14,298€13,380▼ 6.4%
Contributions10/11-€18,600€18,600€18,600€18,600=
Profit (loss) carried forward14-€630-€2,575-€3,433-€4,302-€5,220▼ 21.3%
Amounts payable17/49€125€63€363€15€42▲ 182%
Amounts payable within one year42/48€62-€348€0€42-
Trade debts44--€348€0€42-
Suppliers440/4--€348€0€42-
Accrued charges and deferred income492/3-€63€15€15--
Line20202021202220232024Change
Profit (loss) for the period9904-€858-€1,945-€858-€869-€918▼ 5.7%
Operating cash flow (approximation)-€858-€1,945-€858-€869-€918▼ 5.7%
Change in cash--€2,008-€558-€1,216-€891▲ 26.8%

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

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Timeline · acts, filings and financial milestones

2025
17-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
23-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Weakest financial yearnet -€1,945
Net result drops to -€1,945, the lowest in the series; recovery starts the following year.
26-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
31-12
Financial Liquidity triplescurrent ratio 289.90
Current ratio from 100.46 to 289.90; short-term debt falls from €190 to €62.
24-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 55 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 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
3 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, Oudergem · 1 establishment unit since 2018
seat establishment The establishment unit on the map
Ground area
187 m²
Building footprint
140 m²
Volume, LiDAR
1,327 m³
Parcel 21332B0427/00A005, Brussels · tallest building 12.2 m, ±3 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Nomade
Papiermolenstraat 17, 1160 OudergemFull-service restaurants
since 20182.281.733.275
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21332B0427/00A005 Brussels 187 m² 1 · 140 m² 12.2 m · 3 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.

Identification & contact

Identification
Legal formPrivate limited company
Founded10-10-2018
Fiscal year end31-12
Contact
E-mail stefbols75@gmail.com
Phone 0476/543.662
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card 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 electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

Register as of 27 September 2026 · Peppol Directory

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