Shining Star
ActiveSummary
The computed 12-month bankruptcy probability of Shining Star is 1.8% (moderate). The 2024 annual accounts show negative equity (-€92,655) and a net result of -€2,858. Equity remains stable across the filed fiscal years (±2.4% per year). Its solvency ranks better than 5% of 9085 sector peers (fiscal year 2024). The company has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 6 accounts on average 41 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, abbreviated schema
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital.
Peer companies
Historical observationOf the 6,621 companies that looked in July 2024 the way this one looks now, 4.5% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
A further 1.0% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.8% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.8% |
| 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 6,621 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.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | €696 | €611 | €812 | €667 | ▼ 17.8% |
| Gross operating margin9900 | -€1,128 | -€1,253 | -€846 | -€1,600 | -€855 | ▲ 46.5% |
| Operating profit (loss)9901 | -€1,797 | -€1,949 | -€1,457 | -€2,411 | -€1,522 | ▲ 36.9% |
| Financial income75/76B | - | - | - | €730 | - | - |
| Recurring financial income75 | €2,690 | - | - | €730 | - | - |
| Financial charges65/66B | - | €1,823 | €1,225 | €8 | €1,336 | ▲ 16,745% |
| Recurring financial charges65 | €652 | €1,823 | €1,225 | €8 | €1,336 | ▲ 16,745% |
| Profit (loss) for the period before taxes9903 | €242 | -€3,773 | -€2,682 | -€1,689 | -€2,858 | ▼ 69.2% |
| Profit (loss) for the period9904 | €242 | -€3,773 | -€2,682 | -€1,689 | -€2,858 | ▼ 69.2% |
| Profit (loss) for the period to be appropriated9905 | €242 | -€3,773 | -€2,682 | -€1,689 | -€2,858 | ▼ 69.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €42 | €42 | €42 | €42 | €42 | = |
| Current assets29/58 | €42 | €42 | €42 | €42 | €42 | = |
| Cash at bank and in hand54/58 | €42 | €42 | €42 | €42 | €42 | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €42 | €42 | €42 | €42 | €42 | = |
| Equity10/15 | -€81,653 | -€85,426 | -€88,108 | -€89,797 | -€92,655 | ▼ 3.2% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €61,082 | €61,082 | €61,082 | €61,082 | €61,082 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | €59,222 | €59,222 | €59,222 | €59,222 | = |
| Profit (loss) carried forward14 | -€161,335 | -€165,108 | -€167,790 | -€169,479 | -€172,337 | ▼ 1.7% |
| Amounts payable17/49 | €81,695 | €85,468 | €88,150 | €89,839 | €92,697 | ▲ 3.2% |
| Amounts payable within one year42/48 | €81,695 | €85,468 | €88,150 | €89,839 | €92,697 | ▲ 3.2% |
| Financial debts43 | - | €66,652 | €67,979 | €67,713 | €73,953 | ▲ 9.2% |
| Other loans439 | - | €66,652 | €67,979 | €67,713 | €73,953 | ▲ 9.2% |
| Trade debts44 | €1,324 | €1,476 | €2,831 | €4,786 | €1,404 | ▼ 70.7% |
| Suppliers440/4 | - | €1,476 | €2,831 | €4,786 | €1,404 | ▼ 70.7% |
| Other amounts payable47/48 | - | €17,340 | €17,340 | €17,340 | €17,340 | = |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €242 | -€3,773 | -€2,682 | -€1,689 | -€2,858 | ▼ 69.2% |
| Operating cash flow (approximation) | €242 | -€3,773 | -€2,682 | -€1,689 | -€2,858 | ▼ 69.2% |
| Change in cash | - | €0 | €0 | €0 | €0 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
2 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11808H1178/00S008 | Flanders | 3,046 m² | 1 · 2,904 m² | 46.0 m · 8 fl. |
| 11808H1179/00M021 | Flanders | 288 m² | 1 · 46 m² | 26.6 m · 8 fl. |
Linked by address, not proof of ownership
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Identification & contact
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Register as of 30 September 2026 · Peppol Directory
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