Star-Tracking

Active

Private limited companyfounded 201313 yrs activeEuropalaan 128, 8560 Wevelgem, BelgiumKBO/BCE: BE 0521.748.053

Star-Tracking has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-6k) and a net result of €-19k. Equity is shrinking by ~2.9% per year across the filed fiscal years. Its solvency ranks better than 12% of 2282 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).

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Checked score

Score 2024

43 / 100

Weak

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability0▼-69

Solvency17▼-28

Growth32=

Track record100

Bankruptcy probability, 12 months

0.5% Very low

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.92 against 1.24 in 2023; short-term debt: 108.2% and cash: 56.6% of total assets), and equity is negative.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 63

Relative position

BE, all sectors

reference

Sector 63

lower

← fewer bankruptcies more bankruptcies →

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

-8.2%

Return on assets

-25.1%

Age of the figures

21 mo

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Negative equity

The 2024 annual accounts show negative equity and a net loss.

NBB · annual accounts 2024

Equity per financial year

18192021222324

2018 to 2024 · latest year €-6k

Filed more than 90 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-12-2025, 132 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

132 d late

2023

56 d late

2022

3 d early

2021

37 d early

2020

32 d early

2019

1 d early

← before the deadline after the deadline →

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

Financials · fiscal year 2024, micro schema

Turnover

€93k

EBIT margin

0.6%

Net result

€-19k

2023 · €108

2018: €2k 2019: €-515 2020: €1k 2021: €15k 2022: €-18k 2023: €108

2018 → 2024

Working capital

€-6k

2023 · €12k

2018: €8k 2019: €8k 2020: €12k 2021: €28k 2022: €7k 2023: €12k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€15k-€30k▲ 105%€12k▼ 58.7%€13k▲ 0.9%€-6k

Operating result€1k-€18k▲ 1,177%€-17k€454€-17k

Net result€1k-€15k▲ 1,297%€-18k€108€-19k

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 turns negative in 2024: a loss of €17k after €454 in 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €75k

99.5%

Fixed assets €358▼ 50.1%

Current assets €74k▲ 21.5%

Key figures and ratios

2024 value · change against 2023

EBITDA

€-16k▼

2023 · €6k

Cash flow

€-18k▼

2023 · €6k

Solvency

-8.2%▼

2023 · 20.3%

Current ratio

0.92▼

2023 · 1.24

Quick ratio

0.92▼

2023 · 1.24

Debt / equity

-13.17▼

2023 · 3.92

ROA

-25.1%▼

2023 · 0.2%

Interest coverage

-116.03▼

2023 · 18.27

Debt

€81k▲

2023 · €49k

Debt ≤ 1 year

€81k▲

2023 · €49k

Income taxes

€2k

Staff costs

€69k▲

2023 · €53k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€62k€75k▲

Fixed assets21/28€717€358▼

Tangible fixed assets22/27€717€358▼

Plant, machinery and equipment23€717€358▼

Current assets29/58€61k€74k▲

Amounts receivable within one year40/41€27k€32k▲

Trade receivables40€26k€32k▲

Other amounts receivable41€900-

Cash at bank and in hand54/58€32k€42k▲

Deferred charges and accrued income490/1€2k€2▼

Equity and liabilities

Total equity and liabilities10/49€62k€75k▲

Equity10/15€13k€-6k▼

Contributions10/11€12k€12k=

Reserves13€1k€1k=

Distributable reserves133€1k€1k=

Profit (loss) carried forward14€-739€-19k▼

Amounts payable17/49€49k€81k▲

Amounts payable within one year42/48€49k€81k▲

Trade debts44€27k€21k▼

Suppliers440/4€27k€21k▼

Taxes, remuneration and social security45€6k€6k▼

Taxes450/3€6k€4k▼

Remuneration and social security454/9-€1k

Other amounts payable47/48€16k€54k▲

Income statement Code20232024

Remuneration, social security and pensions62€53k€69k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€359▼

Other operating charges640/8€11k€465▼

Gross operating margin9900€70k€53k▼

Operating profit (loss)9901€454€-17k▼

Financial charges65/66B€346€141▼

Recurring financial charges65€346€141▼

Profit (loss) for the period before taxes9903€108€-17k▼

Income taxes67/77-€2k

Profit (loss) for the period9904€108€-19k▼

Profit (loss) for the period to be appropriated9905€108€-19k▼

Appropriation of the result

Profit (loss) to be appropriated9906€-739€-19k▼

Profit (loss) brought forward from the previous period14P€-847€-739▲

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 14Financial 4Filings 10

2025

10-12

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 132 days late

2024

31-12

Financial Weakest financial yearnet €-19k ▼17412%

Net result drops to €-19k, the lowest in the series.

25-09

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 56 days late

2023

31-12

Financial Back to profitnet €108

Net result €108 after one loss-making year.

28-07

NBB filing Annual accounts filed

fiscal year 2022 · abbreviated schema

2022

24-06

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

31-12

Financial Highest result since 2018net €15k ▲1297%

Operating result €18k, net result €15k, both a record.

29-06

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

2020

31-12

Financial Back to profitnet €1k

Net result €1k after one loss-making year.

30-07

NBB filing Annual accounts filed

fiscal year 2019 · micro schema

2019

09-08

NBB filing Annual accounts filed

fiscal year 2018 · micro schema · 9 days late

2018

13-07

NBB filing Annual accounts filed

fiscal year 2017 · micro schema

2017

30-08

NBB filing Annual accounts filed

fiscal year 2016 · micro schema · 30 days late

2016

26-08

NBB filing Annual accounts filed

fiscal year 2015 · abbreviated schema · 26 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

6 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, Wevelgem · 1 establishment unit since 2013

establishment The establishment unit on the map

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.

Europalaan 1288560 Wevelgem

Ground area

278 m²

Building footprint

122 m²

Volume, LiDAR

687 m³

Parcel 34012C0364/00S003, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

Star-Tracking

Europalaan 128, 8560 WevelgemAgents specialised in the wholesale of other particular products

since 20132.217.299.046

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
34012C0364/00S003	Flanders	278 m²	1 · 122 m²	8.9 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.

Public money · subsidies and aid

Flemish government

2024 · 1 entry · 293 EUR awarded

Year	Entries	awarded	paid
2024	1	293 EUR	0 EUR

Schemes

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

1 entry · 293 EUR · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 3,152 companies in sector 63920 we hold annual accounts for 1,522. 880 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded05-03-2013

Fiscal year end31-12

Activities, NACEBEL

63920Other information service activities

63990Computing infrastructure, data processing, hosting and other information service activities

93199Other sports activities

46180Agents specialised in the wholesale of other particular products

46190Agents in non-specialised wholesale trade

Sources

Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers

Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.