New Star

Active

Private limited company (pre-2019)founded 20187 yrs activeSteenweg op Oosthoven 244, 2300 Turnhout, BelgiumKBO/BCE: BE 0715.776.064

Summary

The computed 12-month bankruptcy probability of New Star is 5.1% (elevated). The 2025 annual accounts show negative equity (€-13k) and a net result of €-18k. Equity remains stable across the filed fiscal years (±0.8% per year). Its solvency ranks better than 19% of 13305 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

18 / 100

Critical

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability0▼-86

Solvency3▼-65

Growth58▼-20

Track record100

Bankruptcy probability, 12 months

5.1% Elevated

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.46 against 1.47 in 2023; short-term debt: 113.3% and cash: 15.9% of total assets), and equity is negative.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 56

Relative position

BE, all sectors

reference

Sector 56

higher

← fewer bankruptcies more bankruptcies →

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

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 2025

Solvency, return and age of the figures

Solvency

-21.9%

Return on assets

-31.4%

Age of the figures

9 mo

Negative equity

The 2025 annual accounts show negative equity and a net loss.

NBB · annual accounts 2025

Equity per financial year

192021222325

2019 to 2025 · latest year €-13k

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-07-2026, 3 days ahead of the deadline.

NBB · 6 filings

Deviation from the deadline

2025

3 d early

2023

2 d early

2022

31 d late

2021

134 d late

2020

201 d late

2019

182 d late

← before the deadline after the deadline →

Checked, nothing found (2)

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

24-09-2026 today31-12-2026 close31-07-2027 deadline

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

Financials · fiscal year 2025, micro schema

Turnover

€0

Total assets

€57k▼ 13.6%

2023 · €66k

2019: €20k 2020: €20k 2021: €16k 2022: €71k 2023: €66k

2019 → 2025

Net result

€-18k

2023 · €9k

2021: €-20k 2022: €20k 2023: €9k

2021 → 2025

Working capital

€-35k

2023 · €18k

2021: €-361 2022: €10k 2023: €18k

2021 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232025Trend

Equity€20k-€-361€20k€29k▲ 45.5%€-13k

Operating result€-21k€21k€13k▼ 37.0%€-14k

Net result€-20k€20k€9k▼ 55.3%€-18k

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 is €-14k in 2025, compared with €13k in 2023. Comparable figures for the intervening years are unavailable.

Balance-sheet composition

2025 in colour, 2023 as the grey bar beneath

Assets €57k

47.8%

52.2%

Fixed assets €27k ▲ 147%

Current assets €30k ▼ 45.8%

Key figures and ratios

2025 value · change against 2023

EBITDA

€-8k▼

2023 · €16k

Cash flow

€-13k▼

2023 · €12k

Solvency

-21.9%▼

2023 · 43.3%

Current ratio

0.46▼

2023 · 1.47

Quick ratio

0.41▼

2023 · 1.39

Debt to equity

-5.57▼

2023 · 1.31

ROA

-31.4%▼

2023 · 13.5%

Interest coverage

-3.87▼

2023 · 12.75

Debt

€70k▲

2023 · €38k

Debt ≤ 1 year

€65k▲

2023 · €38k

Debt > 1 year

€5k

Income taxes

€2k▼

2023 · €3k

Staff costs

€174k▲

2023 · €145k

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Filed annual accounts As filed with the NBB · 2025 against 2023 · 46 lines

Balance sheet Code20232025

Assets

Total assets20/58€66k€57k▼

Fixed assets21/28€11k€27k▲

Tangible fixed assets22/27€11k€24k▲

Plant, machinery and equipment23€8k€3k▼

Furniture and vehicles24€3k€4k▲

Leasing and similar rights25-€17k

Financial fixed assets28-€3k

Current assets29/58€55k€30k▼

Stocks and contracts in progress3€3k€4k▲

Stocks30/36€3k€4k▲

Amounts receivable within one year40/41€36k€17k▼

Trade receivables40€20k€444▼

Other amounts receivable41€16k€17k▲

Cash at bank and in hand54/58€16k€9k▼

Equity and liabilities

Total equity and liabilities10/49€66k€57k▼

Equity10/15€29k€-13k▼

Contributions10/11€20k€20k=

Outside capital11€20k€20k=

Other1109/19€20k€20k=

Profit (loss) carried forward14€9k€-33k▼

Amounts payable17/49€38k€70k▲

Amounts payable after more than one year17-€5k

Financial debts170/4-€5k

Amounts payable within one year42/48€38k€65k▲

Current portion of amounts payable after more than one year42-€5k

Trade debts44€27k€29k▲

Suppliers440/4€27k€29k▲

Taxes, remuneration and social security45€10k€18k▲

Taxes450/3€3k€301▼

Remuneration and social security454/9€7k€18k▲

Other amounts payable47/48-€12k

Income statement Code20232025

Remuneration, social security and pensions62€145k€174k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€5k▲

Other operating charges640/8€4k€3k▼

Gross operating margin9900€164k€169k▲

Operating profit (loss)9901€13k€-14k▼

Financial income75/76B€50€11▼

Recurring financial income75€50€11▼

Financial charges65/66B€1k€2k▲

Recurring financial charges65€1k€2k▲

Profit (loss) for the period before taxes9903€12k€-16k▼

Income taxes67/77€3k€2k▼

Profit (loss) for the period9904€9k€-18k▼

Profit (loss) for the period to be appropriated9905€9k€-18k▼

Appropriation of the result

Profit (loss) to be appropriated9906€9k€-33k▼

Profit (loss) brought forward from the previous period14P€-321€-15k▼

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

Download as CSV

Timeline · acts, filings and financial milestones

All 7Financial 1Filings 6

Next filing, fiscal year 2026, expected by 31-07-2027

2026

28-07

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2024

29-07

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

31-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 31 days late

2022

31-12

Financial Back to profitnet €20k

Net result €20k after one loss-making year.

12-12

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 134 days late

17-02

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 201 days late

2021

29-01

NBB filing Annual accounts filed

fiscal year 2019 · abbreviated schema · 182 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

5 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, Turnhout · 1 establishment unit since 2021

establishment The establishment unit on the map

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.

Steenweg op Oosthoven 2442300 Turnhout

Ground area

487 m²

Building footprint

191 m²

Volume, LiDAR

1,349 m³

Parcel 13040C1111/00V003, Flanders · tallest building 10.5 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

New Star

Steenweg op Oosthoven 244, 2300 TurnhoutFood and beverage service activities

since 20212.318.942.772

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
13040C1111/00V003	Flanders	487 m²	1 · 191 m²	10.5 m · 2 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Food safety, FASFC

1 site

Turnhout2.318.942.772

1 permission

Toelating · Eetgelegenheid · since 07-07-2021

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Of 21,888 companies in sector 56112 we hold annual accounts for 9,780. 8,367 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company (pre-2019)

Founded13-12-2018

Fiscal year end31-12

Activities, NACEBEL 2025

56112Limited-service restaurants, excluding mobile food services

Sources

Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers

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

Contact details

1 entry

E-mail:info@restaurantdewaterput.be

Enterprise