STARDUST (0449.547.884): financials and annual accounts

STARDUST

Antwerp ·KBO/BCE: BE 0449.547.884

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Balance sheet: assets
Total assets`20/58`	40,004	35,942	33,616	29,403	40,331	29,125	37,104	51,801	37,942	36,526	43,471	45,516	47,829	116,245	100,160	65,512	59,652	78,192	63,921	59,966
Fixed assets`21/28`	500	500	540	1,040	1,540	2,040	723	1,446	1,013	1,940	5,595	10,614	19,800	46,173	56,513	17,518	22,405	30,114	915	4,735
Tangible fixed assets`22/27`	500	500	540	1,040	1,540	2,040	723	1,446	1,013	1,940	5,595	10,614	19,800	46,173	56,513	17,518	22,405	30,114	915	4,735
Plant, machinery and equipment`23`	500	500	540	1,040	1,540	2,040	338	675	1,013	1,940	5,475	9,708	18,110	17,363	19,766	16,626	22,405	30,114	915	4,735
Furniture and vehicles`24`	-	-	-	-	-	-	385	771	-	-	121	906	1,691	28,810	36,747	893	-	-	-	-
Current assets`29/58`	39,504	35,442	33,076	28,364	38,792	27,086	36,381	50,355	36,929	34,586	37,876	34,902	28,028	70,072	43,647	47,994	37,247	48,078	63,006	55,231
Stocks and contracts in progress`3`	25,900	25,900	25,900	25,900	25,900	25,900	25,900	25,900	25,900	25,900	15,238	15,238	15,238	15,238	21,671	21,671	21,671	21,671	23,671	23,671
Stocks`30/36`	25,900	25,900	25,900	25,900	25,900	25,900	25,900	25,900	25,900	25,900	15,238	15,238	15,238	15,238	21,671	21,671	21,671	21,671	23,671	23,671
Amounts receivable within one year`40/41`	642	339	526	236	10	470	4,204	7,003	856	3,241	5,455	4,106	5,014	4,888	6,233	10,116	1,292	7,600	7,149	3,750
Trade receivables`40`	138	339	526	236	10	-	50	2,849	170	2,555	4,769	4,106	5,014	4,888	6,233	10,116	1,292	7,600	7,149	3,750
Other amounts receivable`41`	505	-	-	-	-	470	4,154	4,154	686	686	686	-	-	-	-	-	-	-	-	-
Cash at bank and in hand`54/58`	12,962	9,203	6,650	2,228	12,882	716	6,277	17,452	10,173	5,445	17,183	14,345	7,776	47,122	6,752	9,605	7,458	8,218	21,827	27,810
Deferred charges and accrued income`490/1`	-	-	-	-	-	-	-	-	-	-	-	1,213	-	2,825	8,991	6,602	6,826	10,589	10,359	-
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	40,004	35,942	33,616	29,403	40,331	29,125	37,104	51,801	37,942	36,526	43,471	45,516	47,829	116,245	100,160	65,512	59,652	78,192	63,921	59,966
Equity`10/15`	-16,038	-18,156	-16,375	-23,292	-18,168	-13,225	16,375	27,665	13,013	23,809	23,564	21,703	8,748	63,741	-55,129	-94,934	-170,920	-127,564	-188,122	-206,644
Contributions`10/11`	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973
Capital`10`	61,973	61,973	61,973	61,973	61,973	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Issued capital`100`	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973	61,973
Reserves`13`	-	-	-	-	-	-	-	-	-	-	-	-	-	1,768	-	-	-	-	-	-
Legal reserve`130`	-	-	-	-	-	-	-	-	-	-	-	-	-	1,768	-	-	-	-	-	-
Profit (loss) carried forward`14`	-78,012	-80,129	-78,349	-85,265	-80,142	-75,198	-45,599	-34,308	-48,960	-38,164	-38,409	-40,270	-53,226	-	-117,102	-156,908	-232,894	-189,537	-250,095	-268,617
Amounts payable`17/49`	56,042	54,098	49,991	52,695	58,500	42,350	20,730	24,136	24,928	12,717	19,907	23,812	39,081	52,504	155,288	160,447	230,572	205,756	252,043	266,609
Amounts payable after more than one year`17`	48,750	49,750	47,638	49,388	49,388	4,500	5,500	5,500	5,500	-	-	-	-	-	80,000	80,000	80,000	80,000	80,000	80,000
Financial debts`170/4`	48,750	49,750	47,638	49,388	49,388	4,500	5,500	5,500	5,500	-	-	-	-	-	80,000	80,000	80,000	80,000	80,000	80,000
Amounts payable within one year`42/48`	7,292	4,348	2,353	3,307	9,111	37,850	15,230	18,636	19,428	12,717	19,907	23,812	39,081	52,504	75,288	80,447	150,572	125,756	172,043	186,609
Trade debts`44`	5,437	1,663	1,138	626	549	3,045	3,359	9,170	6,173	7,800	4,543	32	16,584	8,836	31,733	12,536	50,766	13,005	52,034	66,630
Suppliers`440/4`	5,437	1,663	1,138	626	549	3,045	3,359	9,170	6,173	7,800	4,543	32	16,584	8,836	31,733	12,536	50,766	13,005	52,034	66,630
Taxes, remuneration and social security`45`	1,767	1,427	1,097	2,533	1,275	5,994	6,870	9,465	13,256	4,917	15,364	23,780	22,497	43,668	29,663	44,445	49,077	81,522	57,301	84,445
Taxes`450/3`	1,767	1,427	1,097	2,313	1,275	-	6,870	9,245	7,464	4,917	3,286	3,373	1,812	16,931	1,668	13,793	19,147	38,719	45,074	71,872
Remuneration and social security`454/9`	-	-	-	220	-	5,994	-	220	5,791	-	12,078	20,407	20,685	26,737	27,996	30,652	29,929	42,803	12,227	12,573
Other amounts payable`47/48`	88	1,258	117	148	7,287	28,811	5,000	-	-	-	-	-	-	-	13,892	23,465	50,730	31,230	62,708	35,534
Income statement
Non-recurring operating income`76A`	-	-	-	-	-	-	-	-	-	-	-	-	26,520	55,946	-	-	-	-	-	-
Gross operating margin`9900`	5,613	752	12,736	-1,694	-1,634	-21,030	65,498	125,381	118,503	118,476	128,284	191,103	168,439	331,876	417,809	411,152	251,173	403,921	305,578	284,088
Remuneration, social security and pensions`62`	-	-	-	-	-	5,382	72,024	101,544	123,931	108,223	113,409	153,931	159,719	197,553	285,451	245,317	227,905	233,515	210,308	225,995
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	-	40	500	500	500	1,183	723	723	927	3,655	5,018	9,187	9,835	16,653	23,635	10,743	9,524	9,821	3,820	4,309
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)`631/4`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	13,000	-	-
Other operating charges`640/8`	3,220	2,578	5,072	2,823	5,586	2,017	3,574	7,711	4,048	6,135	6,801	14,350	38,885	50,961	53,352	69,127	55,338	55,702	60,158	51,070
Non-recurring operating charges`66A`	-	-	-	-	-	-	-	-	-	-	-	-	40,540	-	-	-	-	-	-	-
Operating profit (loss)`9901`	2,393	-1,865	7,164	-5,017	-7,720	-29,611	-10,822	15,403	-10,403	462	3,056	13,634	-40,000	66,709	55,372	85,965	-41,594	91,883	31,292	2,714
Financial income`75/76B`	-	144	1	6	2,852	120	56	35	25	116	-	-	-	21	2	-	-	6	17	-
Recurring financial income`75`	-	144	1	6	-	120	56	35	25	116	-	-	-	21	2	-	-	6	17	-
Non-recurring financial income`76B`	-	-	-	-	2,852	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Financial charges`65/66B`	275	60	249	112	75	108	525	786	418	333	391	686	556	797	15,568	9,979	1,763	28,571	12,784	20,258
Recurring financial charges`65`	275	60	249	112	75	108	525	786	418	333	391	686	556	797	15,568	9,979	1,763	28,571	12,784	20,258
Profit (loss) for the period before taxes`9903`	2,117	-1,780	6,916	-5,123	-4,943	-29,600	-11,291	14,652	-10,796	245	2,665	12,948	-54,576	121,878	39,806	75,986	-43,357	63,317	18,525	-17,544
Income taxes`67/77`	-	-	-	-	-	-	-	-	-	-	804	-8	418	3,009	0	-	-	2,759	3	-
Profit (loss) for the period`9904`	2,117	-1,780	6,916	-5,123	-4,943	-29,600	-11,291	14,652	-10,796	245	1,861	12,956	-54,993	118,870	39,806	75,986	-43,357	60,558	18,522	-17,544
Profit (loss) for the period to be appropriated`9905`	2,117	-1,780	6,916	-5,123	-4,943	-29,600	-11,291	14,652	-10,796	245	1,861	12,956	-54,993	118,870	39,806	75,986	-43,357	60,558	18,522	-17,544
Appropriation of the result
Profit (loss) to be appropriated`9906`	-78,012	-80,129	-78,349	-85,265	-80,142	-75,198	-45,599	-34,308	-48,960	-38,164	-38,409	-40,270	-54,993	1,768	-117,102	-156,908	-232,894	-189,537	-250,095	-268,617
Profit (loss) brought forward from the previous period`14P`	-80,129	-78,349	-85,265	-80,142	-75,198	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer from equity`791/2`	-	-	-	-	-	-	-	-	-	-	-	-	1,768	-	-	-	-	-	-	-
Transfer to equity`691/2`	-	-	-	-	-	-	-	-	-	-	-	-	-	1,768	-	-	-	-	-	-
To the legal reserve`6920`	-	-	-	-	-	-	-	-	-	-	-	-	-	1,768	-	-	-	-	-	-
Social balance sheet
Average staff (FTE)`9087`	-	-	-	-	-	-	1.4	3.3	4	3.7	3.9	5.2	5.8	6.8	8.7	10.1	9.4	8.3	8.5	8.6
Hours worked`1013`	-	-	-	-	-	-	2,610	5,770	6,986	6,615	6,249	8,705	10,431	13,008	16,103	18,008	16,610	15,457	15,272	16,315
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Financial year	Type	Filed	Reference	Document
31-12-2025	abbreviated format	31-08-2026	2026-00463704	PDF
31-12-2024	micro format	30-06-2025	2025-00195667	PDF
31-12-2023	micro format	30-08-2024	2024-00407998	PDF
31-12-2022	micro format	31-08-2023	2023-00391911	PDF
31-12-2021	micro format	29-07-2022	2022-20252087	PDF
31-12-2020	micro format	30-07-2021	2021-43200498	PDF
31-12-2019	micro format	30-06-2020	2020-23900258	PDF
31-12-2018	micro format	27-08-2019	2019-51700437	PDF
31-12-2017	micro format	30-07-2018	2018-40900100	PDF
31-12-2016	micro format	26-06-2017	2017-21700586	PDF
31-12-2015	abbreviated format	13-06-2016	2016-17300538	PDF
31-12-2014	abbreviated format	20-08-2015	2015-44600126	PDF
31-12-2013	abbreviated format	19-05-2014	2014-12900224	PDF
31-12-2012	abbreviated format	05-06-2013	2013-15500059	PDF
31-12-2011	abbreviated format	06-08-2012	2012-39000369	PDF
31-12-2010	abbreviated format	16-06-2011	2011-17200204	PDF
31-12-2009	abbreviated format	04-06-2010	2010-15200363	PDF
31-12-2008	abbreviated format	08-07-2009	2009-38800077	PDF
31-12-2007	abbreviated format	12-06-2008	2008-22700235	PDF
31-12-2006	abbreviated format	14-06-2007	2007-24000173	PDF
31-12-2005	abbreviated format	21-06-2006	2006-28702135	PDF
31-12-2004	abbreviated format	07-06-2005	2005-21701907	PDF
31-12-2003	abbreviated format	17-08-2004	2004-60103387	PDF
31-12-2002	abbreviated format	11-02-2004	2004-04304080	PDF
31-12-2001	abbreviated format	11-02-2004	2004-04304095	PDF
31-12-2000	abbreviated format	11-02-2004	2004-03600295	PDF
31-12-1999	abbreviated format	23-02-2001	2001-05003327	PDF
31-12-1998	abbreviated format	23-02-2001	2001-05003336	PDF
31-12-1997	abbreviated format	22-12-1998	1998-62702406	PDF
31-12-1996	abbreviated format	11-02-2004	2004-03600294	PDF
31-12-1995	abbreviated format	23-02-2001	2001-05003344	PDF
31-12-1994	abbreviated format	12-09-1995	1995-49003607	PDF
31-12-1993	abbreviated format	12-09-1995	1995-49003617	PDF

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
EBITDA	-	-1,825	7,664	-4,517	-7,220	-28,428	-10,099	16,126	-9,476	4,117	8,074	22,821	-30,164	83,362	79,006	96,708	-32,070	101,703	35,112	7,023
Cash flow	-	-1,741	7,416	-4,623	-4,443	-28,416	-10,568	15,375	-9,868	3,900	6,879	22,143	-45,158	135,523	63,440	86,729	-33,832	70,379	22,342	-13,235
Investment in fixed assets (approximation)	-	0	0	0	0	2,500	0	1,156	0	0	0	0	9,983	6,313	62,629	5,857	1,815	39,020	0	330
Change in cash	3,758	2,553	4,422	-10,654	12,166	-5,561	-11,175	7,279	4,728	-11,737	2,838	6,569	-39,346	40,370	-2,854	2,147	-760	-13,609	-5,983	-
Working capital	32,212	31,094	30,723	25,057	29,681	-10,765	21,152	31,720	17,501	21,869	17,969	11,090	-11,053	17,568	-31,641	-32,453	-113,325	-77,678	-109,037	-131,379
Solvency	-40.1%	-50.5%	-48.7%	-79.2%	-45.0%	-45.4%	44.1%	53.4%	34.3%	65.2%	54.2%	47.7%	18.3%	54.8%	-55.0%	-144.9%	-286.5%	-163.1%	-294.3%	-344.6%
Current ratio	5.42	8.15	14.06	8.58	4.26	0.72	2.39	2.70	1.90	2.72	1.90	1.47	0.72	1.33	0.58	0.60	0.25	0.38	0.37	0.30
Quick ratio	1.87	2.19	3.05	0.75	1.41	0.03	0.69	1.31	0.57	0.68	1.14	0.83	0.33	1.04	0.29	0.33	0.10	0.21	0.23	0.17
Debt to equity	-	-	-	-	-	-	1.27	0.87	1.92	0.53	0.84	1.10	4.47	0.82	-	-	-	-	-	-
ROE	-	-	-	-	-	-	-69.0%	53.0%	-83.0%	1.0%	7.9%	59.7%	-628.7%	186.5%	-	-	-	-	-	-
ROA	5.3%	-5.0%	20.6%	-17.4%	-12.3%	-101.6%	-30.4%	28.3%	-28.5%	0.7%	4.3%	28.5%	-115.0%	102.3%	39.7%	116.0%	-72.7%	77.4%	29.0%	-29.3%
Interest coverage	-	-30.65	30.84	-40.32	-95.97	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

STARDUST

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency-40.1%

Current ratio5.42

Return on assets5.3%

Staff

Staff cost per FTE

Joined and left

Filed annual accounts

Filings

Key figures and ratios

Insights on STARDUST

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