Equity
Debts exceed assets in financial year 2025.
Debts exceed assets in financial year 2025.
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
The micro format states no turnover.
Of this, €119,820 falls due within a year.
Green is investment, beige is depreciation. Machinery stands 30.0% higher than in 2024.
Less equity than 94% of companies in creative and performing arts. Sector median €42,947 · 2,611 companies.
In July 2024, 7,654 companies had the same profile as staar has now. Each dot stands for 20 companies, two years later.
Another 0.8% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 7,654 companies, not a prediction for staar. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| staar Schoten | €105,686 | €758 | -51.4% | - |
| VPO PRODUCTIONS Oostkamp | €93,093 | -€4,098 | 3.0% | - |
| talking Pictures Leuven | €69,704 | -€2,061 | 58.1% | - |
| Beunhaas Ranst | €60,730 | -€4,953 | -8.1% | - |
| MULTIGON Antwerp | €99,446 | -€14,622 | 82.5% | - |
| SASQUATCH PRODUCTION Modave | €142,454 | -€42,140 | 3.7% | - |
| SOUND Liège | €96,807 | -€9,601 | 17.0% | - |
These companies have the same main activity as staar: specialised image, lighting and sound technical services (NACE 90393). They are comparable in size and age: total assets between €60,700 and €142,000, founded between 2019 and 2024.
staar files the micro format. That format states no turnover. The gross margin fell from €34,411 in 2023 to €758 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €4,300. Estimated: probably between €2,100 and €8,900.
Higher than 10% of 2,608 companies in 2025.
Higher than 10% of 2,468 companies in 2025.
Higher than 9% of 2,513 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter
Staff costs divided by the average number of full-time equivalents.
| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
105,686 | 97,586 | 99,510 | |
21/28 |
60,933 | 26,775 | 27,797 | |
22/27 |
60,933 | 26,775 | 27,797 | |
22 |
1,960 | 2,732 | 3,503 | |
23 |
12,215 | 9,398 | 8,389 | |
24 |
3,667 | 14,645 | 15,905 | |
25 |
43,091 | - | - | |
29/58 |
44,753 | 70,812 | 71,714 | |
3 |
- | - | 29,361 | |
37 |
- | - | 29,361 | |
40/41 |
14,345 | 58,335 | 37,282 | |
40 |
14,336 | 58,313 | 37,282 | |
41 |
8 | 23 | - | |
54/58 |
23,884 | 10,080 | 3,795 | |
490/1 |
6,524 | 2,396 | 1,277 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
105,686 | 97,586 | 99,510 | |
10/15 |
-54,340 | -23,798 | 14,200 | |
10/11 |
1,000 | 1,000 | 1,000 | |
13 |
13,200 | 13,200 | 13,200 | |
133 |
13,200 | 13,200 | 13,200 | |
14 |
-68,540 | -37,998 | - | |
17/49 |
160,025 | 121,384 | 85,310 | |
17 |
30,698 | - | - | |
170/4 |
30,698 | - | - | |
42/48 |
119,820 | 94,591 | 68,821 | |
42 |
9,359 | - | - | |
44 |
19,335 | 8,887 | 6,132 | |
440/4 |
19,335 | 8,887 | 6,132 | |
46 |
634 | 890 | - | |
45 |
7,319 | 15,535 | 13,862 | |
450/3 |
7,319 | 15,535 | 12,473 | |
454/9 |
- | - | 1,389 | |
47/48 |
83,174 | 69,279 | 48,827 | |
492/3 |
9,507 | 26,794 | 16,489 | |
| Income statement | ||||
76A |
2,420 | - | - | |
9900 |
758 | 845 | 34,411 | |
62 |
335 | 25,088 | 9,310 | |
630 |
22,577 | 10,977 | 6,088 | |
640/8 |
2,068 | 2,339 | 41 | |
66A |
3,417 | - | - | |
9901 |
-27,639 | -37,559 | 18,972 | |
75/76B |
9 | 1 | 1 | |
75 |
9 | 1 | 1 | |
65/66B |
2,912 | 440 | 321 | |
65 |
2,912 | 440 | 321 | |
9903 |
-30,542 | -37,998 | 18,652 | |
67/77 |
- | - | 5,451 | |
9904 |
-30,542 | -37,998 | 13,200 | |
9905 |
-30,542 | -37,998 | 13,200 | |
| Appropriation of the result | ||||
9906 |
-68,540 | -37,998 | 13,200 | |
14P |
-37,998 | - | - | |
691/2 |
- | - | 13,200 | |
6921 |
- | - | 13,200 | |
| Social balance sheet | ||||
9087 |
- | 0.8 | 1 | |
Hours worked1013 |
- | 1,375 | 509 | |
| Document | ||||
The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 31-07-2026.
| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| -5,062 | -26,582 | 25,060 | ||
| -7,965 | -27,021 | 19,288 | ||
| 63,152 | 9,955 | 33,884 | ||
| 13,804 | 6,285 | - | ||
| -75,067 | -23,779 | 2,893 | ||
| -51.4% | -24.4% | 14.3% | ||
| 0.37 | 0.75 | 1.04 | ||
| 0.37 | 0.75 | 0.62 | ||
| - | - | 6.01 | ||
| - | - | 93.0% | ||
| -28.9% | -38.9% | 13.3% | ||
| -1.74 | -60.48 | 78.11 |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-12-2024 | 31-12-2023 |
|---|---|---|
| Employees at the balance-sheet date | - | 1 |
| full-time | - | 1 |
| in full-time equivalents | - | 1 |
| 0.8 | 1 | |
| On a permanent contract | - | 1 |
| Joined | 0 | 1 |
| Left | 1 | 0 |
Source: social balance sheet in the 2023 to 2024 annual accounts
| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | €63,152 | €9,955 | €33,884 |
| €22,577 | €10,977 | €6,088 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €27,639, smaller than the loss of €37,559 in 2024.
Equity is negative. Debt (€160,025) exceeds the balance-sheet total (€105,686).
staar has no parent and no holdings in its annual accounts. is the only director.
via , no longer at · Manager founded in 2000 · negative equity (2025) |
total assets €2.5m (2025) |
via , no longer at · Manager founded in 1998 |
33 FTE (2025) |
The network starts from the earlier ties.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Churchilllaan 263 registered office 2900 Schoten | 08-02-2023 | 2.341.436.181 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 11443C0502/00P003 | 111 m² | 1 · 129 m² | 10.9 m · 2 |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0798.208.149
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