STARK
ActiveSTARK has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €861k and a net result of €115. Equity is growing by ~14.6% per year across the filed fiscal years. Its solvency ranks better than 47% of 237 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability69▲+5
Solvency63▲+1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity tight (current ratio 1.01 against 1.08 in 2024; short-term debt: 29.5% and cash: 7.5% of total assets), and 62% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 31
Relative position
BE, all sectors
reference
Sector 31
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
38%
Return on assets
0%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
29 d late
2023
29 d late
2022
25 d late
2021
48 d early
2020
15 d early
2019
23 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€861k=
2024 · €860k
2018: €68k
2019: €144k
2020: €91k
2021: €776k
2022: €820k
2023: €841k
2024: €860k
2018 → 2025
Total assets
€2.26M▼ 3.7%
2024 · €2.35M
2018: €1.34M
2019: €1.76M
2020: €1.93M
2021: €2.67M
2022: €2.45M
2023: €2.42M
2024: €2.35M
2018 → 2025
Net result
€115▼ 99.4%
2024 · €19k
2018: €20k
2019: €76k
2020: €-53k
2021: €8k
2022: €44k
2023: €21k
2024: €19k
2018 → 2025
Working capital
€7k▼ 84.7%
2024 · €47k
2018: €75k
2019: €127k
2020: €121k
2021: €-187k
2022: €-106k
2023: €-3k
2024: €47k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€776k-€820k▲ 5.7%€841k▲ 2.6%€860k▲ 2.3%€861k=
Operating result€38k-€73k▲ 90.0%€67k▼ 7.3%€68k▲ 0.1%€38k▼ 43.6%
Net result€8k-€44k▲ 487%€21k▼ 52.5%€19k▼ 9.6%€115▼ 99.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 44% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.26M
Fixed assets
€1.59M▼ 7.0%
Current assets
€675k▲ 5.2%
Equity and liabilities €2.26M
Equity
€861k=
Debt
€1.40M▼ 5.8%
The debt ratio falls from 63.4% to 62.0%. Debt is lower.
Key figures and ratios
EBITDA
€256k▼
2024 · €287k
Cash flow
€218k▼
2024 · €239k
Solvency
38.0%▲
2024 · 36.6%
Current ratio
1.01▼
2024 · 1.08
Quick ratio
0.61▼
2024 · 0.65
Debt / equity
1.63▼
2024 · 1.73
ROE
0.0%▼
2024 · 2.2%
ROA
0.0%▼
2024 · 0.8%
Interest coverage
7.46▲
2024 · 5.29
Debt
€1.40M▼
2024 · €1.49M
Debt ≤ 1 year
€668k▲
2024 · €595k
Debt > 1 year
€734k▼
2024 · €894k
Income taxes
€6k▲
2024 · €1k
Staff costs
€488k▼
2024 · €608k
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€2.35M€2.26M▼
Fixed assets21/28€1.71M€1.59M▼
Intangible fixed assets21€62k€30k▼
Tangible fixed assets22/27€1.65M€1.56M▼
Land and buildings22€1.09M€1.06M▼
Plant, machinery and equipment23€360k€275k▼
Furniture and vehicles24€71k€40k▼
Other tangible fixed assets26€126k€183k▲
Financial fixed assets28€500€500=
Current assets29/58€642k€675k▲
Stocks and contracts in progress3€253k€266k▲
Stocks30/36€253k€266k▲
Amounts receivable within one year40/41€244k€234k▼
Trade receivables40€239k€208k▼
Other amounts receivable41€5k€26k▲
Cash at bank and in hand54/58€145k€170k▲
Deferred charges and accrued income490/1-€6k
Equity and liabilities
Total equity and liabilities10/49€2.35M€2.26M▼
Equity10/15€860k€861k=
Contributions10/11€19k€19k=
Revaluation surpluses12€677k€677k=
Reserves13€165k€165k▲
Distributable reserves133€165k€165k▲
Amounts payable17/49€1.49M€1.40M▼
Amounts payable after more than one year17€894k€734k▼
Financial debts170/4€894k€734k▼
Amounts payable within one year42/48€595k€668k▲
Current portion of amounts payable after more than one year42€174k€160k▼
Financial debts43€201k€201k=
Credit institutions430/8€200k€200k=
Other loans439€1k€1k▼
Trade debts44€178k€275k▲
Suppliers440/4€178k€275k▲
Taxes, remuneration and social security45€27k€32k▲
Taxes450/3€4k€2k▼
Remuneration and social security454/9€24k€30k▲
Other amounts payable47/48€15k€531▼
Income statement
Code20242025
Remuneration, social security and pensions62€608k€488k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€219k€218k▼
Other operating charges640/8€14k€694▼
Gross operating margin9900€909k€745k▼
Operating profit (loss)9901€68k€38k▼
Financial income75/76B€7k€2k▼
Recurring financial income75€7k€2k▼
Financial charges65/66B€54k€34k▼
Recurring financial charges65€54k€34k▼
Profit (loss) for the period before taxes9903€20k€6k▼
Income taxes67/77€1k€6k▲
Profit (loss) for the period9904€19k€115▼
Profit (loss) for the period to be appropriated9905€19k€115▼
Appropriation of the result
Profit (loss) to be appropriated9906€19k€115▼
Transfer to equity691/2€19k€115▼
To other reserves6921€19k€115▼
Social balance
Average headcount (FTE)90879.28.7▼
The notes to these accounts (13 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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 25 days late
2022
13-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
31-12
Financial
Equity above €500kEq €776k ▲752%
Equity rises from €91k to €776k.
16-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €-53k ▼169%
Net result drops to €-53k, the lowest in the series; recovery starts the following year.
08-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Highest result since 2018net €76k ▲273%
Operating result €107k, net result €76k, both a record.
31-12
Financial
Equity above €100kEq €144k ▲112%
2 profitable years in a row build equity to €144k.
16-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
19-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Brugge · 1 establishment unit since 2007
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.
Gotevlietstraat 22 A8000 BruggeGround area
4,342 m²
Building footprint
825 m²
Volume, LiDAR
7,098 m³
Parcel 31810N0210/00K002, Flanders · tallest building 9.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
STARK
since 20072.166.812.427
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31810N0210/00K002 | Flanders | 4,342 m² | 1 · 825 m² | 9.6 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 3,746 EUR awarded · 4,616 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,980 EUR | 1,980 EUR |
| 2024 | 1 | 810 EUR | 810 EUR |
| 2023 | 1 | 0 EUR | 870 EUR |
| 2022 | 2 | 956 EUR | 956 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Stagebonus (stopgezet)
Recognitions · licences · registrations
Dual-learning approval
3 live approvals · 6 endedBinnenschrijnwerk en interieur duaal (so)
Machinaal houtbewerker duaal (so)
Medewerker hout duaal (so)
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INTERIEURSPUITERIJ M. JANSEN
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SUBLIM INTERIEUR
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JACOBS INTERIEUR
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Bree · Eq €818k
Of 1,499 companies in sector 31004 we hold annual accounts for 620. 387 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-10-2007
Fiscal year end31-12
Activities, NACEBEL
31004Manufacture of dining room, living room, bedroom and bathroom furniture
36100
43332Laying of wooden floor and wall coverings
43310Plastering work
46130Agents in the wholesale of timber and building materials
72500
95100Repair and maintenance of computers and communication equipment
95110Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.