SOUTHSTAR
ActiveSummary
SOUTHSTAR has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €153k and a net result of €6k. Equity is growing by ~9.9% per year across the filed fiscal years. Its solvency ranks better than 88% of 31694 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
87
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▼-12
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 10.01 against 6.39 in 2024; short-term debt: 9.6% and cash: 20.9% of total assets), and 9.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
90.4%
Return on assets
3.7%
Age of the figures
15 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 25-02-2026, 25 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 · 10 filingsDeviation from the deadline
2025
25 d late
2024
108 d late
2023
on the day
2022
1 d early
2021
on the day
2020
59 d late
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€153k▲ 4.3%
2024 · €147k
2019: €97k
2020: €93k
2021: €96k
2022: €118k
2023: €124k
2024: €147k
2019 → 2025
Total assets
€170k▼ 2.1%
2024 · €173k
2019: €122k
2020: €116k
2021: €117k
2022: €155k
2023: €153k
2024: €173k
2019 → 2025
Net result
€6k▼ 72.5%
2024 · €23k
2019: €7k
2020: €-3k
2021: €2k
2022: €23k
2023: €6k
2024: €23k
2019 → 2025
Working capital
€147k▲ 4.4%
2024 · €141k
2019: €92k
2020: €91k
2021: €95k
2022: €118k
2023: €121k
2024: €141k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€96k-€118k▲ 23.7%€124k▲ 5.1%€147k▲ 18.3%€153k▲ 4.3%
Operating result€3k-€36k▲ 1,119%€11k▼ 67.9%€34k▲ 198%€12k▼ 64.5%
Net result€2k-€23k▲ 999%€6k▼ 73.5%€23k▲ 278%€6k▼ 72.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 65% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €170k
Fixed assets
€6k ▼ 0.3%
Current assets
€164k ▼ 2.1%
Equity and liabilities €170k
Equity
€153k ▲ 4.3%
Debt
€16k ▼ 37.6%
Debt's share of the balance-sheet total falls from 15.1% to 9.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€13k▼
2024 · €35k
Cash flow
€8k▼
2024 · €23k
Current ratio
10.01▲
2024 · 6.39
Debt to equity
0.11▼
2024 · 0.18
ROE
4.1%▼
2024 · 15.5%
ROA
3.7%▼
2024 · 13.1%
Interest coverage
6.87▼
2024 · 10.22
Debt ≤ 1 year
€16k▼
2024 · €26k
Income taxes
€6k▼
2024 · €10k
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 2024 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€173k€170k▼
Fixed assets21/28€6k€6k▼
Tangible fixed assets22/27€6k€6k▼
Plant, machinery and equipment23€2k€2k▼
Furniture and vehicles24€4k€4k▲
Current assets29/58€167k€164k▼
Amounts receivable within one year40/41€138k€125k▼
Trade receivables40€29k€11k▼
Other amounts receivable41€109k€114k▲
Cash at bank and in hand54/58€25k€35k▲
Deferred charges and accrued income490/1€4k€3k▼
Equity and liabilities
Total equity and liabilities10/49€173k€170k▼
Equity10/15€147k€153k▲
Contributions10/11€19k€19k=
Outside capital11€19k€19k=
Other1109/19€19k€19k=
Reserves13€128k€135k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€126k€133k▲
Amounts payable17/49€26k€16k▼
Amounts payable within one year42/48€26k€16k▼
Trade debts44€16k€10k▼
Suppliers440/4€16k€10k▼
Taxes, remuneration and social security45€10k€6k▼
Taxes450/3€10k€6k▼
Income statement
Code20242025
Non-recurring operating income76A€8k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€702€1k▲
Other operating charges640/8€1k€1k▼
Gross operating margin9900€36k€15k▼
Operating profit (loss)9901€34k€12k▼
Financial income75/76B€2k€2k▼
Recurring financial income75€2k€2k▼
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€32k€12k▼
Income taxes67/77€10k€6k▼
Profit (loss) for the period9904€23k€6k▼
Profit (loss) for the period to be appropriated9905€23k€6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€23k€6k▼
Transfer to equity691/2€23k€6k▼
To other reserves6921€23k€6k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
25-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 25 days late
2025
30-06
Financial
Equity above €150kEq €153k ▲4.3%
5 profitable years in a row build equity to €153k.
19-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 108 days late
2024
30-06
Financial
Highest result since 2019net €23k ▲278%
Net result €23k, the highest in the series.
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Equity above €100kEq €118k ▲23.7%
2 profitable years in a row build equity to €118k.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
31-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 59 days late
2020
30-06
Financial
Weakest financial yearnet €-3k ▼145%
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
01-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 1 day late
2017
22-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
10-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Mechelen · 1 establishment unit since 2013
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.
Meysbrug 142800 MechelenGround area
2,637 m²
Building footprint
373 m²
Volume, LiDAR
2,613 m³
2 parcels, Flanders · tallest building 12.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
SOUTHSTAR
since 20132.221.572.192
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12402B0085/00P003 | Flanders | 2,395 m² | 1 · 131 m² | 10.9 m · 3 fl. |
| 12025C0264/00D000 | Flanders | 242 m² | 1 · 242 m² | 12.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
SAMM Invest
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FILIP ROODHOOFT
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MATCO INVEST
BE 0897.313.049
Mont-de-l'Enclus · Eq €153,197
Philivin
BE 0767.404.216
Sint-Katelijne-Waver · Eq €153,204
WF Consulting
BE 0627.657.009
Brugge · Eq €153,221
Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 40,780 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
Founded24-05-2013
Fiscal year end30-06
Activities, NACEBEL 2025
70200Business and other management consultancy
82300Organisation of conventions and trade shows
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.