Financials
- Fiscal year
- 2022
- Turnover
- €54,873
- Loss
- -€1,750
- Solvency
- -28.9%
Turnover▲ 47.3%
Net result
20182022
STARELEC
ActiveSummary
The computed 12-month bankruptcy probability of STARELEC is 8.2% (elevated). For STARELEC, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show negative equity (-€17,966) and a net result of -€1,750. Equity is shrinking by ~95.6% per year across the filed fiscal years. Its solvency ranks better than 8% of 262 sector peers (fiscal year 2022). The company has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
What they do
Manufacture of electrical equipment
NACE 27402NACE 31502
1 site
How big
€54,873turnover 2022
- Equity
- -€17,966
- Loss
- -€1,750
Financially healthy?
- Bankruptcy chance 12 m
- 8.2%
2022 figures too old to score
Who decides
Accounts 793 d overdue0 of 2 deeds read
Signals- Figures for FY 2022 (filed 06-12-2023)- 3 financial years not filed after the legal deadline; latest accounts 122 days late; 3 of the last 3 late- No filing in 24 months (latest 06-12-2023)- Two or more financial years not filed- Filed more than 90 days late+ Founded in 2004Show the evidence
Checked score
No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Financial strength, FY 2022 · tick = 2021
Weak
Solvency
0=
equity -28.9% of total assets
Liquidity
17+5
short-term debt 128.9% · cash 13.5%
Profitability
12+12
return on assets -2.8%
Bankruptcy probability, 12 months
8.2%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 2.5%lowest value
12-2024: 3.2%▲ +31.7% vs 11-2024
01-2025: 6.4%▲ +98.6% vs 12-2024
02-2025: 6.4%● 0.0% vs 01-2025
03-2025: 6.5%▲ +1.6% vs 02-2025
04-2025: 6.0%▼ -8.1% vs 03-2025
05-2025: 6.0%● 0.0% vs 04-2025
06-2025: 6.0%● 0.0% vs 05-2025
07-2025: 6.0%● 0.0% vs 06-2025
08-2025: 8.0%▲ +34.1% vs 07-2025
09-2025: 8.0%● 0.0% vs 08-2025
10-2025: 8.0%● 0.0% vs 09-2025
11-2025: 8.0%● 0.0% vs 10-2025
12-2025: 8.0%● 0.0% vs 11-2025
01-2026: 8.7%▲ +7.8% vs 12-2025highest value
02-2026: 8.7%● 0.0% vs 01-2026highest value
03-2026: 8.7%● 0.0% vs 02-2026highest value
04-2026: 8.7%● 0.0% vs 03-2026highest value
05-2026: 8.7%● 0.0% vs 04-2026highest value
06-2026: 8.7%● 0.0% vs 05-2026highest value
07-2026: 8.7%● 0.0% vs 06-2026highest value
08-2026: 8.2%▼ -5.4% vs 07-2026
09-2026: 8.2%● 0.0% vs 08-2026
10-2026: 8.2%● 0.0% vs 09-2026
- Figures for FY 2022 (filed 06-12-2023) raises the probability
- 3 financial years not filed after the legal deadline; latest accounts 122 days late; 3 of the last 3 late raises the probability
- Founded in 2004 lowers the probability for this profile
- No filing in 24 months (latest 06-12-2023) raises the probability
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline02-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 30-11-2023, 122 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 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
122 d late
2021
149 d late
2020
151 d late
2019
119 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 135 days after the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 37% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2022 · micro…
- Annual accounts filedfiscal year 2021 · micro…
- Weakest financial yearnet -€10,757
Key points
By topic
Timeline
- Events
- 11
- Since
- 2014
- 30-11-2023Annual accounts filed
- 27-12-2022Annual accounts filed
- 31-12-2021Weakest financial year
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Manufacture of electrical equipmentNACE 27402
- Founded
- 02-07-2004
- Year ends
- 31-12
- Peppol
- Not found in the Peppol directory
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