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NETLINK STAR

Active
Private limited companyfounded 20242 yrs activeOscar de Burburelaan 165, 1950 Kraainem, BelgiumKBO/BCE: BE 1012.113.341
Summary

NETLINK STAR has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €116,538 and a net result of €113,938. Its solvency ranks better than 52% of 17220 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
Axes
Profitability100
Solvency86
Growth-
Track record67
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10,000 at 30 days only on tighter terms
Liquidity ample (current ratio 2.55; short-term debt: 38.6% and cash: 88.6% of total assets), and 38.6% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
61.4%
Return on assets
60%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-09-2026, 55 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 · 1 filing
Deviation from the deadline
2025
55 d late
← before the deadline after the deadline →
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

NETLINK STAR was incorporated on 1 August 2024 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€116,538
Total assets
€189,811
Net result
€113,938
Working capital
€113,917

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €189,811
Fixed assets €2,621
Current assets €187,190
Equity and liabilities €189,811
Equity €116,538
Debt €73,273
Debt finances 38.6% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€154,048
Cash flow
€114,934
Current ratio
2.55
Debt to equity
0.63
ROE
97.8%
ROA
60.0%
Interest coverage
332.80
Debt ≤ 1 year
€73,273
Income taxes
€38,651

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
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% 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 39,278 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 · 32 lines
Balance sheet Code2025
Assets
Total assets20/58€189,811
Fixed assets21/28€2,621
Tangible fixed assets22/27€2,621
Furniture and vehicles24€2,621
Current assets29/58€187,190
Amounts receivable within one year40/41€18,952
Trade receivables40€16,323
Other amounts receivable41€2,629
Cash at bank and in hand54/58€168,237
Equity and liabilities
Total equity and liabilities10/49€189,811
Equity10/15€116,538
Contributions10/11€2,600
Profit (loss) carried forward14€113,938
Amounts payable17/49€73,273
Amounts payable within one year42/48€73,273
Trade debts44€1,315
Suppliers440/4€1,315
Taxes, remuneration and social security45€62,497
Taxes450/3€47,239
Remuneration and social security454/9€15,258
Other amounts payable47/48€9,460
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€996
Other operating charges640/8€1,003
Gross operating margin9900€155,052
Operating profit (loss)9901€153,052
Financial charges65/66B€463
Recurring financial charges65€463
Profit (loss) for the period before taxes9903€152,589
Income taxes67/77€38,651
Profit (loss) for the period9904€113,938
Profit (loss) for the period to be appropriated9905€113,938
Appropriation of the result
Profit (loss) to be appropriated9906€113,938

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€996
Other operating charges640/8€1,003
Gross operating margin9900€155,052
Operating profit (loss)9901€153,052
Financial charges65/66B€463
Recurring financial charges65€463
Profit (loss) for the period before taxes9903€152,589
Income taxes67/77€38,651
Profit (loss) for the period9904€113,938
Profit (loss) for the period to be appropriated9905€113,938
Line2025
Assets
Total assets20/58€189,811
Fixed assets21/28€2,621
Tangible fixed assets22/27€2,621
Furniture and vehicles24€2,621
Current assets29/58€187,190
Amounts receivable within one year40/41€18,952
Trade receivables40€16,323
Other amounts receivable41€2,629
Cash at bank and in hand54/58€168,237
Equity and liabilities
Total equity and liabilities10/49€189,811
Equity10/15€116,538
Contributions10/11€2,600
Profit (loss) carried forward14€113,938
Amounts payable17/49€73,273
Amounts payable within one year42/48€73,273
Trade debts44€1,315
Suppliers440/4€1,315
Taxes, remuneration and social security45€62,497
Taxes450/3€47,239
Remuneration and social security454/9€15,258
Other amounts payable47/48€9,460
Line2025
Profit (loss) for the period9904€113,938
+ Depreciation and write-downs630€996
Operating cash flow (approximation)€114,934

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

2026
24-09
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 55 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Kraainem · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
562 m²
Building footprint
73 m²
Volume, LiDAR
647 m³
Parcel 22002B0107/00P003, Flanders · tallest building 11.3 m, ±3 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Oscar de Burburelaan 165, 1950 Kraainem
General electrical installation work
since 20242.362.446.777
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
22002B0107/00P003 Flanders 562 m² 1 · 73 m² 11.2 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.

Similar companies · same sector, comparable size

Of 16,915 companies in sector 62100 we hold annual accounts for 8,786. 6,944 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
Founded01-08-2024
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities
63910Web portal activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:1012113341
Also 9925:BE1012113341
Registered 12-02-2026

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

Register as of 29 September 2026 · Peppol Directory

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