Skip to content

STAR EPOXY

Active
Private limited companyfounded 20233 yrs activeNekkersvijverstraat 14, 9040 Gent, BelgiumKBO/BCE: BE 0797.453.430
Summary

The computed 12-month bankruptcy probability of STAR EPOXY is 2.4% (moderate). The 2024 annual accounts show equity of €52,082 and a net result of €45,082. Its solvency ranks better than 78% of 9973 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability100
Solvency94
Growth-
Track record79
Bankruptcy probability, 12 months
2.4% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,000 at 30 days acceptable
Liquidity ample (current ratio 2.32; short-term debt: 31.3% and cash: 48.6% of total assets), and 31.3% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-10-2025, 65 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 · 1 filing
Deviation from the deadline
2024
65 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 65 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 20 January 2023, STAR EPOXY was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2024, micro schema

Equity
€52,082
Total assets
€75,861
Net result
€45,082
Working capital
€31,324

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €75,861
Fixed assets €20,758
Current assets €55,103
Equity and liabilities €75,861
Equity €52,082
Debt €23,779
Debt finances 31.3% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€66,397
Cash flow
€50,995
Current ratio
2.32
Debt to equity
0.46
ROE
86.6%
ROA
59.4%
Interest coverage
164.91
Debt ≤ 1 year
€23,779
Income taxes
€15,000
Staff costs
€10,214

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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 39,278 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 37 lines
Balance sheet Code2024
Assets
Total assets20/58€75,861
Fixed assets21/28€20,758
Tangible fixed assets22/27€20,458
Plant, machinery and equipment23€938
Furniture and vehicles24€19,520
Financial fixed assets28€300
Current assets29/58€55,103
Amounts receivable within one year40/41€15,898
Other amounts receivable41€15,898
Cash at bank and in hand54/58€36,833
Deferred charges and accrued income490/1€2,371
Equity and liabilities
Total equity and liabilities10/49€75,861
Equity10/15€52,082
Contributions10/11€7,000
Profit (loss) carried forward14€45,082
Amounts payable17/49€23,779
Amounts payable within one year42/48€23,779
Trade debts44€3,932
Suppliers440/4€3,932
Taxes, remuneration and social security45€19,847
Taxes450/3€16,499
Remuneration and social security454/9€3,348
Income statement Code2024
Remuneration, social security and pensions62€10,214
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,913
Other operating charges640/8€168,671
Non-recurring operating charges66A€9,500
Gross operating margin9900€254,782
Operating profit (loss)9901€60,484
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€403
Recurring financial charges65€403
Profit (loss) for the period before taxes9903€60,082
Income taxes67/77€15,000
Profit (loss) for the period9904€45,082
Profit (loss) for the period to be appropriated9905€45,082
Appropriation of the result
Profit (loss) to be appropriated9906€45,082

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Remuneration, social security and pensions62€10,214
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,913
Other operating charges640/8€168,671
Non-recurring operating charges66A€9,500
Gross operating margin9900€254,782
Operating profit (loss)9901€60,484
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€403
Recurring financial charges65€403
Profit (loss) for the period before taxes9903€60,082
Income taxes67/77€15,000
Profit (loss) for the period9904€45,082
Profit (loss) for the period to be appropriated9905€45,082
Line2024
Assets
Total assets20/58€75,861
Fixed assets21/28€20,758
Tangible fixed assets22/27€20,458
Plant, machinery and equipment23€938
Furniture and vehicles24€19,520
Financial fixed assets28€300
Current assets29/58€55,103
Amounts receivable within one year40/41€15,898
Other amounts receivable41€15,898
Cash at bank and in hand54/58€36,833
Deferred charges and accrued income490/1€2,371
Equity and liabilities
Total equity and liabilities10/49€75,861
Equity10/15€52,082
Contributions10/11€7,000
Profit (loss) carried forward14€45,082
Amounts payable17/49€23,779
Amounts payable within one year42/48€23,779
Trade debts44€3,932
Suppliers440/4€3,932
Taxes, remuneration and social security45€19,847
Taxes450/3€16,499
Remuneration and social security454/9€3,348
Line2024
Profit (loss) for the period9904€45,082
+ Depreciation and write-downs630€5,913
Operating cash flow (approximation)€50,995

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2025
04-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 65 days late
NBB filing
0 of 2 acts read
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.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
137 m²
Building footprint
122 m²
Volume, LiDAR
933 m³
2 parcels, Flanders · tallest building 12.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
STAR EPOXY
Nekkersvijverstraat 15, 9040 GentJoinery installation
since 20232.340.806.473
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44432C1095/00N002 Flanders 73 m² 1 · 57 m² 12.2 m · 3 fl.
44432C1095/00W004 Flanders 65 m² 1 · 65 m² 11.1 m · 3 fl.
Linked by address, not proof of ownership
Good to know
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

Of 29,766 companies in this sector we hold annual accounts for 16,066. 13,121 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded20-01-2023
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43341Painting of buildings
E-invoicing
Reachable via Peppol
Peppol ID 0208:0797453430
Also 9925:BE0797453430
Registered 30-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.