STARK & PARTNERS
The computed 12-month bankruptcy probability of STARK & PARTNERS is 1.5% (low). The 2024 annual accounts show equity of €173k and a net result of €73k. Equity is growing by ~57.4% per year across the filed fiscal years. Its solvency ranks better than 68% of 3178 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €173k |
| Net result | €73k |
| Staff (FTE) | 1.8 |
| Better than sector | 68% |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 69.1% | 53.8% | |
| Net result | €73k | €18k | |
| Equity | €173k | €40k | |
| Gross operating margin | €191k | €36k | |
| Staff costs | €89k | €22k |
Show 11 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €101k |
| Net profit | €73k |
| Cash flow | €80k |
| Staff costs | €89k |
| Income taxes | €22k |
| Dividends | - |
| Total assets | €250k |
| Equity | €173k |
| Debt | €77k |
| of which ≤ 1y | €62k |
| of which > 1y | €15k |
| Working capital | €153k |
| Employees (FTE) | 1.8 |
| 2024 | |
|---|---|
| Current ratio | 3.47 |
| Quick ratio | 3.47 |
| Working capital ratio | 61.1% |
| Solvency | 69.1% |
| Debt / equity | 0.45 |
| Long-term debt ratio | 0.09 |
| Interest coverage | 95.54 |
| Gross margin | - |
| Net margin | - |
| ROA | 29.1% |
| ROE | 42.1% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (23 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €250k |
| Fixed assets | 21/28 | €35k |
| Tangible fixed assets | 22/27 | €35k |
| Financial fixed assets | 28 | €150 |
| Current assets | 29/58 | €215k |
| Amounts receivable within one year | 40/41 | €111k |
| Cash & bank | 54/58 | €104k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €250k |
| Equity | 10/15 | €173k |
| Contributions / capital | 10/11 | €2k |
| Accumulated profits (losses) | 14 | €171k |
| Amounts payable | 17/49 | €77k |
| Amounts payable after one year | 17 | €15k |
| Amounts payable within one year | 42/48 | €62k |
| Trade debts payable within one year | 44 | €2k |
| Income statement | ||
| Gross operating margin | 9900 | €191k |
| Operating result | 9901 | €94k |
| Financial income | 75 | €2k |
| Financial charges | 65 | €1k |
| Result before taxes | 9903 | €95k |
| Income taxes | 67/77 | €22k |
| Net result for the period | 9904 | €73k |
| Result to be appropriated | 9905 | €73k |
-
Current11-05-2022 → present
| NACE primary | Organisatie van congressen en beurzen(82300) |
| Legal form | Private limited company(610) |
| Incorporation | 30-01-2022 |
| Status | Active |
| Postal code | 1190 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21383B0097/00V008 | Brussels | 242 m² | 1 · 214 m² | 21.7 m · 6 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
10-03-2026 Articles of association amended, translation of the articles, coordination of the articles and amendment of specific articles
Technical details
{
"notary": {
"name": "Dimitri CLEENEWERCK",
"firm_city": null,
"firm_name": null,
"office_city": "Bruxelles",
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2026-03-10",
"filing_date": "2026-03-06",
"act_kind_objet": "STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS)"
},
"decision": {
"body": "enig_aandeelhouder_schriftelijk",
"act_date": "2026-03-05",
"unanimous": true
},
"statute_change": {
"kinds": [
"translation",
"coordination",
"targeted_amendment"
],
"scope": "full_restatement",
"trigger": "wvv_adaptation",
"language_after": "fr",
"language_before": "nl"
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0781.342.423",
"name_full_after": "STARK\u0026PARTNERS",
"legal_form_after": "Soci\u00E9t\u00E9 \u00E0 responsabilit\u00E9 limit\u00E9e",
"name_full_before": "STARK\u0026PARTNERS",
"current_zetel_raw": "Avenue Brugmann 63 1190 Forest",
"legal_form_before": "Soci\u00E9t\u00E9 \u00E0 responsabilit\u00E9 limit\u00E9e"
},
"special_mandates": [
{
"holder_kbo": null,
"holder_name": "Dimitri CLEENEWERCK de CRAYENCOUR",
"scope_categories": [
"publication"
],
"with_substitution": true
}
],
"articles_modified": [
{
"summary": "Article amended to reflect the issuance of 2,000 shares in classes A and B in consideration for contributions.",
"new_text": "En r\u00E9mun\u00E9ration des apports, deux mille (2.000) actions ont \u00E9t\u00E9 \u00E9mises.\nLes actions sont r\u00E9parties en diff\u00E9rentes cat\u00E9gories, \u00E0 savoir des actions de classe A et, le cas\n\u00E9ch\u00E9ant, des actions de classe B.\nChaque action conf\u00E8re \u00E0 son titulaire des droits sociaux et patrimoniaux conform\u00E9ment aux\ndispositions des pr\u00E9sents statuts et, le cas \u00E9ch\u00E9ant, aux droits sp\u00E9cifiques attach\u00E9s \u00E0 sa cat\u00E9gorie.",
"change_kind": "amended",
"article_title": "Fonds propres",
"article_number": "5"
},
{
"summary": "Article amended to detail the issuance of 2,000 shares, their categorization into classes A and B, and the specific rights of class B shares, including dividend restrictions and liquidation preferences.",
"new_text": "8.1. La Soci\u00E9t\u00E9 a \u00E9mis deux mille (2.000) actions, num\u00E9rot\u00E9es de 1 \u00E0 2.000, toutes int\u00E9gralement\nlib\u00E9r\u00E9es.\nLes actions peuvent \u00EAtre r\u00E9parties en diff\u00E9rentes cat\u00E9gories, notamment en actions de classe A et en\nactions de classe B, lesquelles conf\u00E8rent des droits distincts tels que pr\u00E9cis\u00E9s ci-apr\u00E8s.\nToutes les actions sont nominatives et portent un num\u00E9ro d\u2019ordre.\nElles sont inscrites dans le regist",
"change_kind": "amended",
"article_title": "Actions",
"article_number": "8"
},
{
"summary": "Article amended to specify that distributions must respect the rights attached to different share classes and that net assets cannot become negative.",
"new_text": "L\u2019assembl\u00E9e g\u00E9n\u00E9rale a le pouvoir de d\u00E9cider de l\u2019affectation du b\u00E9n\u00E9fice et du montant des\ndistributions.\nToute distribution s\u2019effectue dans le respect des droits respectifs attach\u00E9s aux diff\u00E9rentes classes d\u2019\nactions telles que pr\u00E9vues par les pr\u00E9sents statuts.\nAucune distribution ne peut \u00EAtre d\u00E9cid\u00E9e si l\u2019actif net de la soci\u00E9t\u00E9 est n\u00E9gatif ou le deviendrait",
"change_kind": "amended",
"article_title": "Distribution",
"article_number": "29"
},
{
"summary": "Article amended to define the distribution of net assets after liquidation, starting with the repayment of paid-in share capital and then distributing the remainder according to share class rights.",
"new_text": "Apr\u00E8s apurement de toutes les dettes, charges et frais de liquidation ou consignation des sommes\nn\u00E9cessaires \u00E0 cet effet, l\u0027actif net sert d\u0027abord \u00E0 rembourser en esp\u00E8ces ou titres le montant lib\u00E9r\u00E9",
"change_kind": "amended",
"article_title": "R\u00E9partition",
"article_number": "33"
}
],
"governance_change": null,
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Dimitri CLEENEWERCK",
"org_rep_person_name": null
},
"co_filed_documents": [
"exp\u00E9dition conforme de l\u0027acte",
"procurations",
"statuts coordonn\u00E9s"
],
"shareholder_rights": {
"quorum_rules_changed": false,
"liquidation_preference_text": "En cas de dissolution et de liquidation de la soci\u00E9t\u00E9, les actions de cat\u00E9gorie B donnent droit \u00E0 une quote-part dans le solde de liquidation, apr\u00E8s apurement du passif, proportionnelle \u00E0 leur participation dans le capital social, et ce dans les m\u00EAmes conditions que les actions de cat\u00E9gorie A.",
"voorkeurrecht_rules_changed": true,
"aandelenoverdracht_restrictions_changed": true
},
"voorwerp_change_summary": "L\u0027objet de l\u0027acte est la modification des statuts de la soci\u00E9t\u00E9 STARK\u0026PARTNERS pour mettre en conformit\u00E9 avec les r\u00E9solutions prises lors de l\u0027assembl\u00E9e g\u00E9n\u00E9rale, incluant la cr\u00E9ation de deux classes d\u0027actions (A et B) et l\u0027acceptation d\u0027un apport en num\u00E9raire.",
"capital_structure_change": {
"operations": [
"share_class_creation",
"capital_increase_cash",
"wvv_capital_release"
],
"split_ratio": null,
"shares_after": 2000,
"shares_before": 1000,
"capital_after_eur": null,
"capital_before_eur": null,
"share_classes_after": [
{
"count": 1000,
"label": "A",
"rights_summary": "Standard rights, voting rights, and liquidation preferences.",
"voting_per_share": 1.0
},
{
"count": 1000,
"label": "B",
"rights_summary": "No dividend rights for the first three years post-issuance. Voting rights identical to Class A. Liquidation preference proportional to capital participation.",
"voting_per_share": 1.0
}
]
},
"coordinated_text_lineage": null
}23-05-2022 Ilan Smadja appointed as director
- Ilan Smadja, Bestuurder
Technical details
{
"events": [
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Ilan Smadja",
"address": null,
"birth_date": null
},
"effective_date": "2022-05-11",
"evidence_quote": "L\u0027Assembl\u00E9e accepte la nomination au poste d\u0027administrateur de Monsieur llan Smadja \u00E0 la date du 11 mai 2022."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0781.342.423",
"name_full": "STARK \u0026 PARTNERS",
"legal_form": "SRL"
}
}02-02-2022 Incorporation of a new SRL
Technical details
{
"kind": "oprichting",
"seat": "1190 Forest, Avenue Brugmann 63",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1994-04-16",
"name": "SMADJA, Nathana\u00EBl",
"niss": null,
"address": "1180 Uccle, Avenue Moli\u00E8re 33"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 1500,
"holder_person_name": "SMADJA, Nathana\u00EBl",
"is_subscriber_only": true,
"n_shares_subscribed": 1000,
"amount_subscribed_eur": 1500,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 1500,
"subject_company": {
"kbo": "0781.342.423",
"name_full": "STARK \u0026 PARTNERS",
"legal_form": "SRL"
},
"initial_directors": [],
"incorporation_date": "2022-01-24",
"post_incorporation_mandates": []
}| Legal nameFR | STARK & PARTNERS |