STAR DIVANI
ActiveSummary
STAR DIVANI has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €110k and a net result of €34k. Equity is growing by ~48.3% per year across the filed fiscal years. Its solvency ranks better than 48% of 15869 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
72
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability66▼-23
Solvency62▲+9
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 1.79 against 1.59 in 2023; short-term debt: 55.9% and cash: 38.9% of total assets), but 62.8% 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+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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 31-12-2024 was due by 31-07-2025 and was filed on 25-08-2025, 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
not confirmed
2024
25 d late
2023
31 d late
2022
12 d early
2021
170 d late
2020
59 d late
2019
153 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€502k
EBIT margin
6.0%
Net result
€34k▼ 41.0%
2023 · €57k
2018: €41k
2019: €-8k
2020: €24k
2021: €25k
2022: €-27k
2023: €57k
2018 → 2024
Working capital
€131k▲ 27.9%
2023 · €102k
2018: €24k
2019: €17k
2020: €53k
2021: €56k
2022: €49k
2023: €102k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€502k-
Equity€22k-€46k▲ 113%€20k▼ 57.1%€77k▲ 286%€110k▲ 43.7%
Operating result€30k-€38k▲ 24.1%€-23k€75k€49k▼ 34.0%
Net result€24k-€25k▲ 4.0%€-27k€57k€34k▼ 41.0%
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 2024; 2024 is 34% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €297k
Fixed assets
€450 =
Current assets
€297k ▲ 8.1%
Equity and liabilities €297k
Equity
€110k ▲ 43.7%
Debt
€187k ▼ 5.7%
Debt's share of the balance-sheet total falls from 72.0% to 62.8%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
1.79▲
2023 · 1.59
Quick ratio
1.57▲
2023 · 1.35
Debt to equity
1.69▼
2023 · 2.58
ROE
30.4%▼
2023 · 74.1%
ROA
11.3%▼
2023 · 20.7%
Debt ≤ 1 year
€166k▼
2023 · €172k
Income taxes
€14k▼
2023 · €16k
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 · 2024 against 2023 · 42 lines
Balance sheet
Code20232024
Assets
Total assets20/58€275k€297k▲
Fixed assets21/28€450€450=
Financial fixed assets28€450€450=
Current assets29/58€274k€297k▲
Amounts receivable after more than one year29€10k€8k▼
Other amounts receivable291€10k€8k▼
Stocks and contracts in progress3€41k€36k▼
Stocks30/36€41k€36k▼
Amounts receivable within one year40/41€141k€137k▼
Trade receivables40€141k€137k▼
Other amounts receivable41€0-
Cash at bank and in hand54/58€83k€116k▲
Equity and liabilities
Total equity and liabilities10/49€275k€297k▲
Equity10/15€77k€110k▲
Contributions10/11€12k€12k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€63k€96k▲
Amounts payable17/49€198k€187k▼
Amounts payable within one year42/48€172k€166k▼
Trade debts44€151k€130k▼
Suppliers440/4€151k€130k▼
Taxes, remuneration and social security45€18k€29k▲
Taxes450/3€18k€29k▲
Remuneration and social security454/9€82€0▼
Other amounts payable47/48€4k€7k▲
Accrued charges and deferred income492/3€26k€21k▼
Income statement
Code20232024
Other operating charges640/8€3k€692▼
Non-recurring operating charges66A-€52
Gross operating margin9900€78k€50k▼
Operating profit (loss)9901€75k€49k▼
Financial income75/76B€439€176▼
Recurring financial income75€439€176▼
Financial charges65/66B€2k€2k=
Recurring financial charges65€2k€2k=
Profit (loss) for the period before taxes9903€73k€47k▼
Income taxes67/77€16k€14k▼
Profit (loss) for the period9904€57k€34k▼
Profit (loss) for the period to be appropriated9905€57k€34k▼
Appropriation of the result
Profit (loss) to be appropriated9906€63k€96k▲
Profit (loss) brought forward from the previous period14P€6k€63k▲
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
31-12
Financial
Equity above €100kEq €110k ▲43.7%
2 profitable years in a row build equity to €110k.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial
Back to profitnet €57k
Net result €57k after one loss-making year.
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
17-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 170 days late
2022
31-12
Financial
Weakest financial yearnet €-27k ▼207%
Net result drops to €-27k, the lowest in the series; recovery starts the following year.
2021
28-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 59 days late
2020
31-12
Financial
Back to profitnet €24k
Net result €24k after one loss-making year.
31-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 153 days late
2019
19-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 50 days late
2018
20-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 51 days late
2017
30-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 61 days late
2016
26-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 57 days late
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, Arlon · 1 establishment unit since 2012
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.
Rue de Neufchâteau 1536700 ArlonGround area
463 m²
Building footprint
222 m²
Volume, LiDAR
2,586 m³
2 parcels, Wallonia · tallest building 15.3 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Rue des Déportés 38, 6700 Arlon
since 20122.209.967.529
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 81001A0902/00K000 | Wallonia | 238 m² | 1 · 147 m² | 15.3 m · 4 fl. |
| 81001A1653/00Z000 | Wallonia | 225 m² | 1 · 75 m² | 11.7 m · 3 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
ATK
BE 0696.624.603
Sint-Jans-Molenbeek · Eq €112,175
Alisystème-Promeubles
BE 0876.179.125
Gent · Eq €107,304
Puur-Huis
BE 0794.677.646
Lummen · Eq €114,066
LEGEIN FURNITURE INDUSTRIES
BE 0508.660.971
Balen · Eq €106,899
EXON DISTRIBUTION
BE 0541.672.051
Mouscron · Eq €115,572
Of 335 companies in sector 46471 we hold annual accounts for 189. 145 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
Founded31-05-2012
Fiscal year end31-12
Activities, NACEBEL 2025
46471Wholesale trade
47551Retail sale of household furniture
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.