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STAR CHEEMA

Active
Private limited company (pre-2019)founded 2016active for 10 yearsRue de la Régence 2, 6000 Charleroi, BelgiumKBO/BCE: BE 0660.798.642
Summary

The computed 12-month bankruptcy probability of STAR CHEEMA is 12.5% (high). The 2024 annual accounts show equity of €5,265 and a net result of -€853. Equity is shrinking by about 2.6% per year across the filed financial years. The company has been active since 2016 and the Belgian Official Gazette contains no insolvency signals. The CBE does carry 2 administrative register entries (see administrative flags).

Overview

Activity
Activity not known
Size
€5,265total assets 2024
Equity
€5,265
Loss
-€853
Turnover not published (micro format)
Financial health
31 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
12.5%
Structure
Accounts 70 days overdue1 of 2 deeds read
Why 31raises risk1 change of registered office in 24 monthsFigures for financial year 2024 (filed 12-08-2025)No main activity registeredNo establishment unit in the KBOShow the evidence

Checked score

Score 2024
31 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 51% of its sector peers (no NACE code, micro)
Financial strength · tick = 2023
Strong
Solvency 100=
equity 100.0% of total assets
Liquidity 100=
cash 82.8%
Profitability 0-34
return on assets -16.2%
Bankruptcy probability, 12 months
12.5% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 8 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 0.9% 12-2024: 0.9%● unchanged vs 11-2024 01-2025: 0.9%● unchanged vs 12-2024lowest value 02-2025: 0.9%● unchanged vs 01-2025lowest value 03-2025: 0.9%● unchanged vs 02-2025 04-2025: 1.3%▲ +0.4 percentage points vs 03-2025 05-2025: 1.3%● unchanged vs 04-2025 06-2025: 1.3%● unchanged vs 05-2025 07-2025: 1.3%● unchanged vs 06-2025 08-2025: 2.0%▲ +0.7 percentage points vs 07-2025 09-2025: 1.1%▼ -0.9 percentage points vs 08-2025 10-2025: 1.1%● unchanged vs 09-2025 11-2025: 1.1%● unchanged vs 10-2025 12-2025: 1.2%▲ +0.1 percentage points vs 11-2025 01-2026: 2.7%▲ +1.5 percentage points vs 12-2025 02-2026: 2.7%● unchanged vs 01-2026 03-2026: 2.9%▲ +0.2 percentage points vs 02-2026 04-2026: 3.2%▲ +0.3 percentage points vs 03-2026 05-2026: 3.3%▲ +0.1 percentage points vs 04-2026 06-2026: 3.6%▲ +0.3 percentage points vs 05-2026 07-2026: 3.9%▲ +0.3 percentage points vs 06-2026 08-2026: 5.5%▲ +1.6 percentage points vs 07-2026 09-2026: 6.9%▲ +1.4 percentage points vs 08-2026 10-2026: 12.5%▲ +5.6 percentage points vs 09-2026highest value
No publishable credit limit; credit only on tighter terms
cash: 82.8% of total assets, and 0% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro): better than 81% on solvency, 95% on liquidity, 4% on profitability and 21% on growth.

The bankruptcy probability was computed on 09-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
+raises risk○neutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Figures for financial year 2024 (filed 12-08-2025)
NBB · annual accounts
raises risk · No main activity registered
KBO
raises risk · No establishment unit in the KBO
KBO · seat and establishments
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-08-2025, 7 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 4 filings
Deviation from the deadline
2025
not confirmed
2024
7 days late
2023
2 days early
2022
582 days late
2020
61 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 4 accounts on average 162 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publications
Publications
Strikeout withdrawnStrikeout initial
  1. Resignations: CHEEMA Bahadar (director) and BAINS…Appointment: CARVALHO PINHEIRO BANDEIRA Ana…
  2. Strikeout withdrawnKBO administration
  3. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Caution: Board changedlatest change 19-12-2025 · 1 in office 1 joined · 2 left View
  • Caution: Accounts not fileddeadline was 31-07-2026 70 days late View
  • Caution: 2 loss-making years in a rowloss financial year 2024 -€853 View

By topic

Financials

Financial year
2024
Total assets
€5,265
Loss
-€853
Solvency
100.0%
Total assets▼ 13.9%
Net result
20202024
Go to Financials

Timeline

Events
7
Since
2021
  1. 04-03-2025Annual accounts filed
  2. 29-07-2024Annual accounts filed
  3. 30-09-2021Annual accounts filed
Go to Timeline

Company details

Legal form
Private limited company (pre-2019)
Founded
09-08-2016
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

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