Northstar

Active

Private limited companyfounded 20233 yrs activePredikherenstraat 2, 8000 Brugge, BelgiumKBO/BCE: BE 0799.315.236

The computed 12-month bankruptcy probability of Northstar is 2.5% (moderate). The 2024 annual accounts show equity of €6k and a net result of €2k. Its solvency ranks better than 76% of 26056 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

85 / 100

Excellent

The score combines four axes. Every signal that weighs is under Signals.

Axes

Profitability100

Solvency100

Growth-

Stability79

Bankruptcy probability, 12 months

2.5% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €500 at 30 days acceptable

Liquidity ample (current ratio 2.82), and 35.5% of the assets are financed with debt.

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

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

Higher-failure-rate sector

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

Gazette · bankruptcies per sector, NACE 47

Relative position

BE, all sectors

reference

Sector 47

higher

← fewer bankruptcies more bankruptcies →

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

64.5%

Return on assets

28%

Age of the figures

20 mo

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-09-2025, 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

2024

55 d late

← before the deadline after the 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 2024, micro schema

Equity

€6k

Total assets

€9k

Net result

€2k

Working capital

€6k

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

Balance-sheet composition

Equity and liabilities €9k

64.5%

35.5%

Equity €6k

Debt €3k

Debt finances 35.5% of the balance-sheet total.

Key figures and ratios

2024 value

Solvency

64.5%

Current ratio

2.82

Quick ratio

2.82

Debt / equity

0.55

ROE

43.4%

ROA

28.0%

Debt

€3k

Debt ≤ 1 year

€3k

Income taxes

€614

Filed annual accounts

As filed with the NBB · 2024

Balance sheet Code2024

Assets

Total assets20/58€9k

Current assets29/58€9k

Amounts receivable within one year40/41€7k

Other amounts receivable41€7k

Cash at bank and in hand54/58€2k

Equity and liabilities

Total equity and liabilities10/49€9k

Equity10/15€6k

Contributions10/11€3k

Profit (loss) carried forward14€2k

Amounts payable17/49€3k

Amounts payable within one year42/48€3k

Current portion of amounts payable after more than one year42€3k

Taxes, remuneration and social security45€614

Taxes450/3€614

Income statement Code2024

Gross operating margin9900€3k

Operating profit (loss)9901€3k

Financial income75/76B€2

Recurring financial income75€2

Financial charges65/66B€230

Recurring financial charges65€230

Profit (loss) for the period before taxes9903€3k

Income taxes67/77€614

Profit (loss) for the period9904€2k

Profit (loss) for the period to be appropriated9905€2k

Appropriation of the result

Profit (loss) to be appropriated9906€2k

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

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Timeline · acts, filings and financial milestones

All 1Filings 1

2025

24-09

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 55 days late

NBB filing

Directors · office · real estate

Directors

no sitting director, no change since 2025

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

22-11-2025 Resigned as Director

Location & real-estate footprint

Registered office, Brugge · 1 establishment unit since 2023

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.

Predikherenstraat 28000 Brugge

Ground area

104 m²

Building footprint

103 m²

Volume, LiDAR