STARBAT SERVICES
ActiveSTARBAT SERVICES has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €600k and a net result of €98k. Equity remains stable across the filed fiscal years (±1.6% per year). Its solvency ranks better than 53% of 4107 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
89
/ 100
Excellent▲ +10 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability82▲+60
Solvency75▲+15
Growth78=
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity ample (current ratio 1.68 against 1.5 in 2024), but 61.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Ten signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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
38.3%
Return on assets
6.3%
Age of the figures
11 mo
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 · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €600k
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 16-04-2026, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
14 d early
2024
15 d early
2023
22 d early
2022
6 d early
2021
1 d early
2020
1 d early
2019
15 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
12-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€98k▲ 350%
2024 · €22k
2018: €-18k
2019: €1k
2020: €1k
2021: €8k
2022: €8k
2023: €152
2024: €22k
2018 → 2025
Working capital
€239k▲ 30.2%
2024 · €184k
2018: €37k
2019: €378k
2020: €406k
2021: €363k
2022: €318k
2023: €255k
2024: €184k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€472k-€479k▲ 1.6%€479k=€501k▲ 4.6%€600k▲ 19.6%
Operating result€50k-€33k▼ 34.7%€35k▲ 5.5%€65k▲ 87.7%€164k▲ 153%
Net result€8k-€8k▼ 9.9%€152▼ 98.0%€22k▲ 14,238%€98k▲ 350%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 153% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.56M
Fixed assets
€972k▼ 9.2%
Current assets
€593k▲ 8.0%
Equity and liabilities €1.56M
Equity
€600k▲ 19.6%
Provisions
€14k
Debt
€951k▼ 14.9%
The debt ratio falls from 69.0% to 60.8%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€276k▲
2024 · €184k
Cash flow
€210k▲
2024 · €141k
Solvency
38.3%▲
2024 · 31.0%
Current ratio
1.68▲
2024 · 1.50
Quick ratio
0.92▲
2024 · 0.71
Debt / equity
1.59▼
2024 · 2.23
ROE
16.4%▲
2024 · 4.4%
ROA
6.3%▲
2024 · 1.3%
Interest coverage
8.40▲
2024 · 5.18
Debt
€951k▼
2024 · €1.12M
Debt ≤ 1 year
€354k▼
2024 · €365k
Debt > 1 year
€598k▼
2024 · €753k
Income taxes
€19k▲
2024 · €7k
Staff costs
€300k▲
2024 · €275k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.62M€1.56M▼
Fixed assets21/28€1.07M€972k▼
Tangible fixed assets22/27€1.07M€969k▼
Land and buildings22€875k€816k▼
Plant, machinery and equipment23€10k€7k▼
Furniture and vehicles24€17k€12k▼
Other tangible fixed assets26€166k€134k▼
Financial fixed assets28€2k€2k=
Current assets29/58€549k€593k▲
Stocks and contracts in progress3€288k€266k▼
Stocks30/36€288k€266k▼
Amounts receivable within one year40/41€84k€95k▲
Trade receivables40€80k€94k▲
Other amounts receivable41€4k€708▼
Cash at bank and in hand54/58€166k€222k▲
Deferred charges and accrued income490/1€11k€10k▼
Equity and liabilities
Total equity and liabilities10/49€1.62M€1.56M▼
Equity10/15€501k€600k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€436k€534k▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132-€55k
Distributable reserves133€430k€474k▲
Profit (loss) carried forward14€3k€3k▲
Provisions and deferred taxes16-€14k
Deferred taxes168-€14k
Amounts payable17/49€1.12M€951k▼
Amounts payable after more than one year17€753k€598k▼
Financial debts170/4€749k€593k▼
Other amounts payable178/9€4k€4k=
Amounts payable within one year42/48€365k€354k▼
Current portion of amounts payable after more than one year42€163k€103k▼
Trade debts44€146k€183k▲
Suppliers440/4€146k€183k▲
Taxes, remuneration and social security45€56k€53k▼
Taxes450/3€22k€17k▼
Remuneration and social security454/9€33k€36k▲
Other amounts payable47/48-€14k
Accrued charges and deferred income492/3€100€100=
Income statement
Code20242025
Non-recurring operating income76A€19k€68k▲
Remuneration, social security and pensions62€275k€300k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€119k€112k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€15k€3k▼
Other operating charges640/8€39k€33k▼
Gross operating margin9900€512k€612k▲
Operating profit (loss)9901€65k€164k▲
Financial income75/76B€56€38▼
Recurring financial income75€56€38▼
Financial charges65/66B€35k€33k▼
Recurring financial charges65€35k€33k▼
Profit (loss) for the period before taxes9903€29k€131k▲
Transfer to deferred taxes680-€14k
Income taxes67/77€7k€19k▲
Profit (loss) for the period9904€22k€98k▲
Transfer to tax-exempt reserves689-€55k
Profit (loss) for the period to be appropriated9905€22k€44k▲
Appropriation of the result
Profit (loss) to be appropriated9906€23k€47k▲
Profit (loss) brought forward from the previous period14P€1k€3k▲
Transfer to equity691/2€20k€44k▲
To other reserves6921€20k€44k▲
Social balance
Average headcount (FTE)90878.89.6▲
The notes to these accounts (18 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
16-04
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
30-09
Financial
Highest result since 2018net €98k ▲350%
Operating result €164k, net result €98k, both a record.
15-04
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
30-09
Financial
Equity above €500kEq €501k ▲4.6%
6 profitable years in a row build equity to €501k.
08-04
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
24-04
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
29-04
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
15-04
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
30-09
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
30-09
Financial
Liquidity doublescurrent ratio 2.20
Current ratio from 1.06 to 2.20; short-term debt falls from €668k to €315k.
29-03
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
30-04
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
05-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 5 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Gembloux · 6 establishment units since 1995
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 des Praules, Sauv. 105030 GemblouxGround area
9,397 m²
Building footprint
1,546 m²
Volume, LiDAR
5,384 m³
6 parcels, Wallonia · tallest building 27.7 m, ±8 floors. Linked by address, not a title deed.
6 establishment units
STARBAT SERVICES SA
since 19952.072.784.387
STARBAT SERVICES SA
since 19962.142.994.274
STARBAT SERVICES SA
since 19962.142.994.373
STARBAT SERVICES SA
since 19992.142.994.571
STARBAT SERVICES SA
since 20032.142.994.472
STARBAT SERVICES S.A
since 20152.247.545.032
6 parcels
Wallonia
6
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92253D0530/00G004 | Wallonia | 5,500 m² | 1 · 965 m² | - |
| 64074C0710/00V000 | Wallonia | 1,671 m² | 1 · 119 m² | 6.0 m · 2 fl. |
| 52026D0022/00C002 | Wallonia | 786 m² | 1 · 157 m² | 14.8 m · 4 fl. |
| 92067B0347/00A000 | Wallonia | 720 m² | 1 · 51 m² | 27.7 m · 8 fl. |
| 55022A0323/00Y003indicative | Wallonia | 381 m² | 1 · 78 m² | 10.5 m · 3 fl. |
| 53041B0550/00H002 | Wallonia | 340 m² | 1 · 176 m² | 10.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 5
5 of 6 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,744 companies in sector 46720 we hold annual accounts for 1,080. 789 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded30-06-1994
Fiscal year end30-09
Activities, NACEBEL
45310
47820Retail sale of motor vehicle parts and accessories
46720Wholesale of motor vehicle parts and accessories
50301
50302
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.