STARCOLA
ActiveThe computed 12-month bankruptcy probability of STARCOLA is 1.8% (moderate). The 2025 annual accounts show equity of €684k and a net result of €168k. Equity is growing by ~34.7% per year across the filed fiscal years. Its solvency ranks better than 88% of 10230 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
93
/ 100
Excellent▼ -7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100=
Growth52▼-26
Stability94
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days acceptable
Liquidity ample (current ratio 4.56 against 3.95 in 2024), and 20.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+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 dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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
79.2%
Return on assets
19.5%
Age of the figures
8 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 28-07-2026, 3 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
3 d early
2024
59 d early
2023
19 d early
← before the deadline
after the deadline →
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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€168k▼ 11.2%
2024 · €189k
2023: €177k
2024: €189k
2023 → 2025
Working capital
€639k▲ 26.7%
2024 · €504k
2023: €304k
2024: €504k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€327k-€516k▲ 58.0%€684k▲ 32.6%
Operating result€237k-€247k▲ 4.3%€220k▼ 10.9%
Net result€177k-€189k▲ 7.3%€168k▼ 11.2%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 11% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €864k
Fixed assets
€46k▲ 255%
Current assets
€818k▲ 21.3%
Equity and liabilities €864k
Equity
€684k▲ 32.6%
Debt
€180k▲ 4.7%
The debt ratio falls from 25.0% to 20.8%: equity grows faster than debt.
Key figures and ratios
EBITDA
€233k▼
2024 · €257k
Cash flow
€182k▼
2024 · €200k
Solvency
79.2%▲
2024 · 75.0%
Current ratio
4.56▲
2024 · 3.95
Quick ratio
2.91▲
2024 · 2.64
Debt / equity
0.26▼
2024 · 0.33
ROE
24.6%▼
2024 · 36.7%
ROA
19.5%▼
2024 · 27.6%
Interest coverage
70.04▼
2024 · 90.81
Debt
€180k▲
2024 · €172k
Debt ≤ 1 year
€180k▲
2024 · €171k
Income taxes
€65k▼
2024 · €70k
Staff costs
€193k▲
2024 · €185k
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€688k€864k▲
Fixed assets21/28€13k€46k▲
Intangible fixed assets21€0-
Tangible fixed assets22/27€13k€46k▲
Furniture and vehicles24€13k€42k▲
Other tangible fixed assets26-€4k
Current assets29/58€675k€818k▲
Stocks and contracts in progress3€225k€296k▲
Stocks30/36€225k€296k▲
Amounts receivable within one year40/41€5k€3k▼
Trade receivables40€5k€3k▼
Other amounts receivable41€288€0▼
Current investments50/53€40k€41k▲
Cash at bank and in hand54/58€400k€474k▲
Deferred charges and accrued income490/1€5k€5k▼
Equity and liabilities
Total equity and liabilities10/49€688k€864k▲
Equity10/15€516k€684k▲
Contributions10/11€150k€150k=
Reserves13€350k€530k▲
Distributable reserves133€350k€530k▲
Profit (loss) carried forward14€16k€4k▼
Amounts payable17/49€172k€180k▲
Amounts payable within one year42/48€171k€180k▲
Trade debts44€15k€15k▼
Suppliers440/4€15k€15k▼
Taxes, remuneration and social security45€144k€163k▲
Taxes450/3€125k€139k▲
Remuneration and social security454/9€19k€24k▲
Other amounts payable47/48€11k€2k▼
Accrued charges and deferred income492/3€1k€112▼
Income statement
Code20242025
Remuneration, social security and pensions62€185k€193k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€13k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€21k€17k▼
Other operating charges640/8€3k€4k▲
Gross operating margin9900€466k€448k▼
Operating profit (loss)9901€247k€220k▼
Financial income75/76B€16k€16k▲
Recurring financial income75€16k€16k▲
Financial charges65/66B€3k€3k▲
Recurring financial charges65€3k€3k▲
Profit (loss) for the period before taxes9903€260k€233k▼
Income taxes67/77€70k€65k▼
Profit (loss) for the period9904€189k€168k▼
Profit (loss) for the period to be appropriated9905€189k€168k▼
Appropriation of the result
Profit (loss) to be appropriated9906€196k€184k▼
Profit (loss) brought forward from the previous period14P€7k€16k▲
Transfer to equity691/2€180k€180k=
To other reserves6921€180k€180k=
Social balance
Average headcount (FTE)90875.14.7▼
The notes to these accounts (15 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
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €168k ▼11.2%
Net result drops to €168k, the lowest in the series.
02-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2023net €189k ▲7.3%
Operating result €247k, net result €189k, both a record.
31-12
Financial
Equity above €500kEq €516k ▲58%
2 profitable years in a row build equity to €516k.
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Herve · 1 establishment unit since 2023
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 de Waucomont 424650 HerveGround area
2,223 m²
Building footprint
529 m²
Volume, LiDAR
5,398 m³
2 parcels, Wallonia · tallest building 19.5 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Collector
since 20232.343.826.044
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63014A0106/00R000 | Wallonia | 1,950 m² | 1 · 269 m² | 8.4 m · 2 fl. |
| 62063A0967/00K000 | Wallonia | 273 m² | 1 · 261 m² | 19.5 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
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
VIC MNG
BE 0559.879.941
Charleroi · Eq €685k
EDOUARD COUTURE
BE 0441.966.345
Oostende · Eq €687k
Palms - Jans
BE 0446.543.458
Lummen · Eq €680k
THALASSA
BE 0426.805.047
Mol · Eq €688k
BONAIRE
BE 0438.849.675
Keerbergen · Eq €694k
Of 2,200 companies in sector 47711 we hold annual accounts for 889. 456 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-03-2023
Fiscal year end31-12
Activities, NACEBEL
47711Retail sale of women's outerwear
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
46423Wholesale of clothing, excluding workwear and underwear
46425Wholesale trade
47721Retail sale of footwear
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.