STARJO
ActiveSummary
STARJO has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €265,959 and a net result of €86,105. Equity is growing by ~21.7% per year across the filed fiscal years. Its solvency ranks better than 87% of 11508 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+5
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24,000 at 30 days acceptable
Liquidity ample (current ratio 7.43 against 10.91 in 2024; short-term debt: 13% and cash: 35.8% of total assets), and 13% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
87%
Return on assets
28.2%
Age of the figures
9 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
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 08-07-2026, 23 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
23 d early
2024
55 d early
2023
23 d early
2022
17 d early
2021
26 d early
2020
4 d early
2019
37 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 26 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 8 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€265,959▲ 32.1%
2024 · €201,284
Total assets
€305,648▲ 38.7%
2024 · €220,291
Net result
€86,105▲ 87.6%
2024 · €45,909
Working capital
€255,212▲ 36.7%
2024 · €186,761
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€32,447▼ 7.5%€32,289▼ 0.5%€64,424▲ 99.5%€65,487▲ 1.6%€126,716▲ 93.5%
Net result€23,102within the sector's middle half▼ 8.3%€21,937within the sector's middle half▼ 5.0%€45,122above the sector's middle half▲ 106%€45,909above the sector's middle half▲ 1.7%€86,105above the sector's middle half▲ 87.6%
Equity€114,911within the sector's middle half▲ 25.2%€136,848within the sector's middle half▲ 19.1%€181,970above the sector's middle half▲ 33.0%€201,284above the sector's middle half▲ 10.6%€265,959above the sector's middle half▲ 32.1%
Total assets€127,081within the sector's middle half▲ 15.8%€147,644within the sector's middle half▲ 16.2%€200,787within the sector's middle half▲ 36.0%€220,291within the sector's middle half▲ 9.7%€305,648within the sector's middle half▲ 38.7%
Debt€12,170▼ 32.0%€10,796▼ 11.3%€18,817▲ 74.3%€19,008▲ 1.0%€39,690▲ 109%
Working capital€95,758within the sector's middle half▲ 27.9%€121,075above the sector's middle half▲ 26.4%€165,893above the sector's middle half▲ 37.0%€186,761above the sector's middle half▲ 12.6%€255,212above the sector's middle half▲ 36.7%
Solvency90.4%above the sector's middle half▲ 6.7pp92.7%above the sector's middle half▲ 2.3pp90.6%above the sector's middle half▼ 2.1pp91.4%above the sector's middle half▲ 0.7pp87.0%above the sector's middle half▼ 4.4pp
Current ratio9.59above the sector's middle half▲ 3.5512.21above the sector's middle half▲ 2.629.82above the sector's middle half▼ 2.4010.91above the sector's middle half▲ 1.107.43above the sector's middle half▼ 3.48
Return on assets (ROA)18.2%above the sector's middle half▼ 4.8pp14.9%above the sector's middle half▼ 3.3pp22.5%above the sector's middle half▲ 7.6pp20.8%above the sector's middle half▼ 1.6pp28.2%above the sector's middle half▲ 7.3pp
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 93% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €305,648
Fixed assets
€10,747 ▼ 26.8%
Current assets
€294,901 ▲ 43.4%
Equity and liabilities €305,648
Equity
€265,959 ▲ 32.1%
Debt
€39,690 ▲ 109%
Debt's share of the balance-sheet total rises from 8.6% to 13.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€132,097▲
2024 · €70,856
Cash flow
€91,486▲
2024 · €51,278
Debt to equity
0.15▲
2024 · 0.09
ROE
32.4%▲
2024 · 22.8%
Interest coverage
70.20▲
2024 · 47.35
Debt ≤ 1 year
€39,690▲
2024 · €18,842
Income taxes
€38,730▲
2024 · €18,086
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 26,975 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €29,423 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,939 | €5,642 | €5,816 | €5,369 | €5,381 | ▲ 0.2% |
| Other operating charges640/8 | €1,316 | €282 | €961 | €888 | €1,230 | ▲ 38.5% |
| Non-recurring operating charges66A | - | - | €93 | €328 | - | - |
| Gross operating margin9900 | €38,702 | €38,213 | €71,294 | €72,071 | €133,327 | ▲ 85.0% |
| Operating profit (loss)9901 | €32,447 | €32,289 | €64,424 | €65,487 | €126,716 | ▲ 93.5% |
| Financial income75/76B | - | €0 | €0 | €4 | - | - |
| Recurring financial income75 | - | €0 | €0 | €4 | - | - |
| Financial charges65/66B | €804 | €1,116 | €969 | €1,496 | €1,882 | ▲ 25.8% |
| Recurring financial charges65 | €804 | €1,116 | €969 | €1,496 | €1,882 | ▲ 25.8% |
| Profit (loss) for the period before taxes9903 | €31,644 | €31,173 | €63,455 | €63,995 | €124,835 | ▲ 95.1% |
| Income taxes67/77 | €8,542 | €9,236 | €18,333 | €18,086 | €38,730 | ▲ 114% |
| Profit (loss) for the period9904 | €23,102 | €21,937 | €45,122 | €45,909 | €86,105 | ▲ 87.6% |
| Profit (loss) for the period to be appropriated9905 | €23,102 | €21,937 | €45,122 | €45,909 | €86,105 | ▲ 87.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €127,081 | €147,644 | €200,787 | €220,291 | €305,648 | ▲ 38.7% |
| Fixed assets21/28 | €20,177 | €15,772 | €16,077 | €14,688 | €10,747 | ▼ 26.8% |
| Tangible fixed assets22/27 | €20,177 | €15,772 | €16,077 | €14,688 | €10,747 | ▼ 26.8% |
| Land and buildings22 | - | - | €2,175 | €1,942 | €1,709 | ▼ 12.0% |
| Plant, machinery and equipment23 | €17,552 | €13,256 | €11,494 | €8,680 | €5,354 | ▼ 38.3% |
| Furniture and vehicles24 | €2,625 | €2,517 | €2,409 | €4,066 | €3,684 | ▼ 9.4% |
| Current assets29/58 | €106,904 | €131,872 | €184,710 | €205,603 | €294,901 | ▲ 43.4% |
| Amounts receivable within one year40/41 | €14,348 | €14,585 | €21,180 | €69,430 | €82,472 | ▲ 18.8% |
| Trade receivables40 | €12,500 | €13,822 | €21,180 | €66,516 | €79,557 | ▲ 19.6% |
| Other amounts receivable41 | €1,848 | €764 | - | €2,914 | €2,914 | = |
| Current investments50/53 | - | - | - | €100,000 | €100,000 | = |
| Cash at bank and in hand54/58 | €90,841 | €115,164 | €163,078 | €35,139 | €109,311 | ▲ 211% |
| Deferred charges and accrued income490/1 | €1,715 | €2,122 | €452 | €1,034 | €3,118 | ▲ 202% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €127,081 | €147,644 | €200,787 | €220,291 | €305,648 | ▲ 38.7% |
| Equity10/15 | €114,911 | €136,848 | €181,970 | €201,284 | €265,959 | ▲ 32.1% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €96,311 | €118,248 | €163,370 | €182,684 | €247,359 | ▲ 35.4% |
| Distributable reserves133 | €96,311 | €118,248 | €163,370 | €182,684 | €247,359 | ▲ 35.4% |
| Amounts payable17/49 | €12,170 | €10,796 | €18,817 | €19,008 | €39,690 | ▲ 109% |
| Amounts payable after more than one year17 | €1,024 | - | - | - | - | - |
| Financial debts170/4 | €1,024 | - | - | - | - | - |
| Amounts payable within one year42/48 | €11,147 | €10,796 | €18,817 | €18,842 | €39,690 | ▲ 111% |
| Current portion of amounts payable after more than one year42 | €7,019 | €6,024 | €5,000 | €5,000 | - | - |
| Trade debts44 | €1,126 | €2,776 | €3,777 | €3,339 | €7,849 | ▲ 135% |
| Suppliers440/4 | €1,126 | €2,776 | €3,777 | €3,339 | €7,849 | ▲ 135% |
| Taxes, remuneration and social security45 | €3,002 | €1,951 | €10,003 | €10,236 | €31,781 | ▲ 210% |
| Taxes450/3 | €2,869 | €1,951 | €10,003 | €10,236 | €31,781 | ▲ 210% |
| Remuneration and social security454/9 | €132 | - | - | - | - | - |
| Other amounts payable47/48 | - | €46 | €37 | €267 | €59 | ▼ 77.9% |
| Accrued charges and deferred income492/3 | - | - | - | €165 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €23,102 | €21,937 | €45,122 | €45,909 | €86,105 | ▲ 87.6% |
| + Depreciation and write-downs630 | €4,939 | €5,642 | €5,816 | €5,369 | €5,381 | ▲ 0.2% |
| Operating cash flow (approximation) | €28,041 | €27,578 | €50,938 | €51,278 | €91,486 | ▲ 78.4% |
| Investment in fixed assets (approximation) | - | -€1,237 | -€6,120 | -€3,980 | -€1,440 | ▲ 63.8% |
| Change in cash | - | €24,323 | €47,914 | -€127,939 | €74,172 | ▲ 158% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €86,105 ▲87.6%
Operating result €126,716, net result €86,105, both a record.
06-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €200,000Eq €201,284 ▲10.6%
7 profitable years in a row build equity to €201,284.
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €150,000Eq €181,970 ▲33%
6 profitable years in a row build equity to €181,970.
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
23-02
State Gazette act
General meeting · Statutes amendment
Director resignation · Director reappointment
2021
31-12
Financial
Equity above €100,000Eq €114,911 ▲25.2%
4 profitable years in a row build equity to €114,911.
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
24-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
31-12
Financial
Weakest financial yearnet €21,430 ▼19.4%
Net result drops to €21,430, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 7.05
Current ratio from 2.92 to 7.05; short-term debt falls from €18,057 to €8,931.
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
17-07
State Gazette act
Incorporation · Founder
Corporate purpose · Founding capital
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Sint-Truiden · 1 establishment unit since 2017
Ground area
717 m²
Building footprint
176 m²
Volume, LiDAR
1,016 m³
Parcel 71352C0112/00G000, Flanders · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
STARJO
since 20172.265.442.225
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71352C0112/00G000 | Flanders | 717 m² | 1 · 176 m² | 7.4 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
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Shareholding
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Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
1 location
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Of 136 companies in sector 46641 we hold annual accounts for 86. 64 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded22-06-2017
Fiscal year end31-12
Activities, NACEBEL 2025
46641Wholesale trade
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0677463737
Also
9925:BE0677463737
Registered
24-11-2023
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.