Equity
€67,188 from €249,602 in 2017
Equity fell by 73% in 9 years.
STARBY
Lifetime
20 annual accounts with figures on one time axis, 31 filings since 1996peak €651,697 (2015)
€22,525▲ 63.1%
lowest -€156,742 (2014)
€20,544▲ 199%
peak €249,602 (2017)
€67,188▲ 44.0%
€26,540▲ 0.2%
peak 16.6 FTE (2007)
-not published
Board1 name since 2022
-
Documentsfilings and deeds
30-10-20261 day before the deadline
2026micro format
Gross margin from €13,807 to €22,525Result from €6,872 to €20,544Equity from €46,644 to €67,188Cash from €1,918 to €69
Key points
from the 2026 annual accountsChecked score
87
Excellent
Financially stronger than 73% of micro companies in retail trade (NACE 47)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,271 companies (NACE 47, micro).
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.6%
01-2025: 0.6%● unchanged vs 12-2024
02-2025: 0.6%● unchanged vs 01-2025
03-2025: 0.6%● unchanged vs 02-2025
04-2025: 0.6%● unchanged vs 03-2025
05-2025: 0.6%● unchanged vs 04-2025
06-2025: 0.6%● unchanged vs 05-2025
07-2025: 0.6%● unchanged vs 06-2025
08-2025: 0.6%● unchanged vs 07-2025
09-2025: 0.6%● unchanged vs 08-2025
10-2025: 0.8%▲ +0.2 percentage points vs 09-2025highest value
11-2025: 0.6%▼ -0.2 percentage points vs 10-2025
12-2025: 0.6%● unchanged vs 11-2025
01-2026: 0.6%● unchanged vs 12-2025
02-2026: 0.6%● unchanged vs 01-2026
03-2026: 0.6%● unchanged vs 02-2026
04-2026: 0.6%● unchanged vs 03-2026
05-2026: 0.6%● unchanged vs 04-2026
06-2026: 0.6%● unchanged vs 05-2026
07-2026: 0.6%● unchanged vs 06-2026
08-2026: 0.6%● unchanged vs 07-2026
09-2026: 0.6%● unchanged vs 08-2026
10-2026: 0.4%▼ -0.2 percentage points vs 09-2026lowest value
11-2026: 0.4%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Liquidity: current ratio 3.39, cash €69, halved
Sector: Retail trade (NACE 47)
Size: total assets €93,728
lowers risk
Founded in 1995
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 82% of them on solvency, 36% on liquidity, 89% on profitability and 85% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-03-2026.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 31,368 companies had the same profile as STARBY has now. Each dot stands for 79 companies, two years later.
93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of STARBY itself: 0.4% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 31,368 companies, not a prediction for STARBY. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €5,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.39 (2.55 in 2025), above the usual 1.5. Short-term debt is 28.3% and cash 0.1% of total assets. 28.3% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
lowers risk · Growing equity
Reported equity is higher than in 2024 and did not fall compared with 2025. These amounts do not establish the cause of the change.
NBB · annual accounts 2026Equity per financial year
1920212223242526
2019 to 2026 · latest year €67,188
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 30-10-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
1 day early
2025
1 day early
2024
2 days early
2023
32 days late
2022
47 days late
2021
86 days late
2020
102 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 38 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 30 October (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-03-2027 year end31-10-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0455394115
New director
DE STAERCKE Geert appointed, DE STAERCKE Geert resigned · General meeting of 07-12-2023 · Gazette deed
First establishment
Wijnstraat 70, Ronse
Incorporation
published on 04-07-1995 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| STARBY Ronse | €93,728 | €22,525 | 71.7% | - |
| PRO-STAR Waasmunster | €83,915 | €17,753 | 91.6% | - |
| UMUT Heusden-Zolder | €107,491 | €23,500 | 76.1% | - |
| PAK TRADING Antwerp | €106,824 | €26,998 | 81.0% | - |
| MASOOD CONTINENTAL TRADING Brussels | €71,939 | €23,614 | 67.6% | - |
| VOORTDOEN Hoogstraten | €109,658 | €30,501 | 95.8% | - |
| Vandendries – Van Bockland Sint-Niklaas | €80,249 | €18,133 | 52.6% | - |
These companies have the same main activity as STARBY: non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110). They are comparable in size and age: total assets between €71,900 and €110,000, founded between 1990 and 1997.
Official details
Source: KBO- Status
- Active since 13-06-1995Normal situation
- Activity
- Non-specialised retail sale with food, beverages or tobacco predominatingNACE 47110
- Establishment unit
- 2.072.709.0649600 Ronse, since 16-08-1995
- Financial year end
- 31 March
- Peppol
- Reachable since 30-01-2025
Annual accounts to 31-03-2026
- €93,728▲ 28.2%
- Filing
- Filed on 30-10-2026, 1 day before the end of the filing period
Insights on STARBY
STARBY files the micro format. That format states no turnover. The gross margin fell from €601,901 in 2007 to €22,525 in 2026.
The balance sheet grew most in 2008 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about STARBY
- What is the company number of STARBY?
- The company number of STARBY is 0455.394.115. The VAT number is the same number with BE in front: BE 0455.394.115.
- Where is STARBY based?
- The registered office is at Hogerlucht 122, 9600 Ronse.Company details
- What does STARBY do?
- According to the KBO register, the main activity is non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110).
- What is the legal form of STARBY?
- STARBY is a private limited company (BV).
- When was STARBY founded?
- STARBY was founded on 13-06-1995.
- Is STARBY still active?
- Yes, STARBY is an active enterprise in the KBO register.
- What is the turnover of STARBY?
- The turnover in financial year 2026 is ≈ €660,000. This figure is estimated from the gross margin of €22,525 and 302 comparable companies (NACE 47110). It probably lies between €340,000 and €1.2m. It is a rough estimate.Financials
- Is STARBY profitable?
- In financial year 2026, STARBY made a profit of €20,544.
- Where can I find the annual accounts of STARBY?
- STARBY filed 31 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of STARBY due?
- STARBY must file the annual accounts for financial year 2027 by 31-10-2027.Timeline
Next steps
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