STAR LAUNDRY
ActiveSummary
STAR LAUNDRY has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €317k and a net result of €54k. Equity is growing by ~3.4% per year across the filed fiscal years. Its solvency ranks better than 79% of 1046 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
84
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability83▼-2
Solvency92▲+11
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 3.01 against 1.8 in 2024; short-term debt: 27.7% and cash: 13.4% of total assets), and 33.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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
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
66.8%
Return on assets
11.5%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
17 d early
2023
12 d early
2022
21 d early
2021
60 d late
2020
342 d late
2019
73 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€317k▲ 20.7%
2024 · €263k
2018: €237k
2019: €213k
2020: €223k
2021: €224k
2022: €135k
2023: €200k
2024: €263k
2018 → 2025
Total assets
€475k▲ 0.5%
2024 · €473k
2018: €512k
2019: €584k
2020: €512k
2021: €496k
2022: €554k
2023: €550k
2024: €473k
2018 → 2025
Net result
€54k▼ 13.4%
2024 · €63k
2018: €15k
2019: €-24k
2020: €10k
2021: €914
2022: €-89k
2023: €65k
2024: €63k
2018 → 2025
Working capital
€264k▲ 57.0%
2024 · €168k
2018: €141k
2019: €112k
2020: €80k
2021: €81k
2022: €103k
2023: €145k
2024: €168k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€224k-€135k▼ 39.7%€200k▲ 48.4%€263k▲ 31.4%€317k▲ 20.7%
Operating result€21k-€-85k€77k€83k▲ 7.8%€79k▼ 4.5%
Net result€914-€-89k€65k€63k▼ 3.8%€54k▼ 13.4%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 5% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €475k
Fixed assets
€79k ▼ 16.2%
Current assets
€396k ▲ 4.7%
Equity and liabilities €475k
Equity
€317k ▲ 20.7%
Debt
€158k ▼ 24.8%
Debt's share of the balance-sheet total falls from 44.4% to 33.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€96k▼
2024 · €100k
Cash flow
€71k▼
2024 · €79k
Current ratio
3.01▲
2024 · 1.80
Quick ratio
2.98▲
2024 · 1.78
Debt to equity
0.50▼
2024 · 0.80
ROE
17.1%▼
2024 · 23.9%
ROA
11.5%▼
2024 · 13.3%
Interest coverage
13.74▲
2024 · 11.00
Debt ≤ 1 year
€132k▼
2024 · €210k
Income taxes
€22k▲
2024 · €16k
Staff costs
€220k▼
2024 · €305k
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 · 55 lines
Balance sheet
Code20242025
Assets
Total assets20/58€473k€475k▲
Fixed assets21/28€95k€79k▼
Tangible fixed assets22/27€95k€79k▼
Land and buildings22€54k€53k▼
Plant, machinery and equipment23€35k€23k▼
Furniture and vehicles24€5k€3k▼
Current assets29/58€378k€396k▲
Amounts receivable after more than one year29€95k€95k▼
Other amounts receivable291€95k€95k▼
Stocks and contracts in progress3€4k€4k=
Stocks30/36€4k€4k=
Amounts receivable within one year40/41€196k€226k▲
Trade receivables40€167k€188k▲
Other amounts receivable41€29k€38k▲
Cash at bank and in hand54/58€61k€63k▲
Deferred charges and accrued income490/1€22k€8k▼
Equity and liabilities
Total equity and liabilities10/49€473k€475k▲
Equity10/15€263k€317k▲
Contributions10/11€161k€161k=
Capital10€161k€161k=
Issued capital100€161k€161k=
Reserves13€102k€156k▲
Non-distributable reserves130/1€16k€16k=
Legal reserve130€16k€16k=
Distributable reserves133€86k€140k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€210k€158k▼
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€210k€132k▼
Current portion of amounts payable after more than one year42€119k€32k▼
Trade debts44€35k€34k▼
Suppliers440/4€35k€34k▼
Taxes, remuneration and social security45€56k€65k▲
Taxes450/3€20k€30k▲
Remuneration and social security454/9€36k€35k▼
Accrued charges and deferred income492/3€0€26k▲
Income statement
Code20242025
Non-recurring operating income76A€5k€15k▲
Remuneration, social security and pensions62€305k€220k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€17k▲
Other operating charges640/8€57k€14k▼
Gross operating margin9900€462k€330k▼
Operating profit (loss)9901€83k€79k▼
Financial income75/76B€5k€5k▲
Recurring financial income75€5k€5k▲
Financial charges65/66B€9k€7k▼
Recurring financial charges65€9k€7k▼
Profit (loss) for the period before taxes9903€78k€77k▼
Income taxes67/77€16k€22k▲
Profit (loss) for the period9904€63k€54k▼
Profit (loss) for the period to be appropriated9905€63k€54k▼
Appropriation of the result
Profit (loss) to be appropriated9906€55k€54k▼
Profit (loss) brought forward from the previous period14P€-8k€0▲
Transfer to equity691/2€55k€54k▼
To other reserves6921€55k€54k▼
The notes to these accounts (11 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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €65k
Net result €65k after one loss-making year.
31-12
Financial
Equity above €200kEq €200k ▲48.4%
Equity rises from €135k to €200k.
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €-89k ▼9822%
Net result drops to €-89k, the lowest in the series; recovery starts the following year.
29-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 60 days late
08-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 342 days late
2020
31-12
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
12-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 73 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 28 days late
2017
17-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 17 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, Dessel · 1 establishment unit since 1986
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.
Kuilstraat 412480 DesselGround area
7,959 m²
Building footprint
2,926 m²
Volume, LiDAR
17,560 m³
Parcel 13006B0027/02H003, Flanders · tallest building 15.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Kuilstraat 41, 2480 Dessel
since 19862.037.310.497
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13006B0027/02H003 | Flanders | 7,959 m² | 1 · 2,926 m² | 15.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,000 companies in sector 96102 we hold annual accounts for 459. 266 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 formPublic limited company
Founded23-04-1986
Fiscal year end31-12
Activities, NACEBEL 2025
96101Personal service activities
96102Launderettes and laundries for private customers
Sources
Crossroads Bank for EnterprisesNational Bank · 40 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.