Summary
STARKEY DEVRIESE is a financial institution. The bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €504,029 and a net result of -€27,261. Equity has been growing by about 9% per year since 2019. Its solvency ranks better than 34% of 6,692 sector peers (NACE 64, financial year 2025). The company has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 25-06-2009 Normal situation
- Activity
- Activities of holding companies NACE 64210and 2 others
- Establishment unit
- 2.180.797.055 8450 Bredene, since 03-07-2009
- Financial year end
- 30 June
- Peppol
- Reachable since 12-02-2026
Financial position
Financial institution: outside the modelBankruptcy probability: sector outside the model
Annual accounts to 30-06-2025
- Loss
- €27,261
- Equity
- €504,029
- ▼ 5.1%
- Total assets
- €1.6m
- ▲ 96.9%
SignalsneutralLatest accounts filed on timeShow the evidence
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.
Bankruptcy probability within 12 months
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
1 signal.
neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 28-01-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 days early
2024
126 days early
2023
on the day
2022
11 days early
2021
3 days early
2020
59 days early
2019
17 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 31 days before the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 28 January (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end02-11-2026 today31-01-2027 deadline
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 28-01-2026 PDF all 15 filings
Equity
€504,029▼ 5.1%
2024 · €531,290
Net result
-€27,261
2024 · €99,351
Total assets
€1.6m▲ 96.9%
2024 · €790,733
Solvency
32.4%▼ 34.8pp
2024 · 67.2%
In the rankings
#4 company by total assets in Bredene, Finance and insurance sector#7 oldest company in Bredene, Finance and insurance sector#8 company by equity in Bredene, Finance and insurance sector
Trend over the years
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result for 2025 is a loss of €11,571, after a profit of €157,192 in 2024. It is the lowest result since 2021.
Operating result-€0.01m
2025
Net result-€0.03m
2025
Total assets€1.6m
2025
Equity€0.5m
2025
Debt€1.1m
2025
Working capital-€0.2m
2025
Return on assets (ROA)-1.8%
2025
Solvency32.4%
2025
Current ratio0.25
2025
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Financial service activities, except insurance and pension funding (NACE 64). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€0.2m--€0.04m€0.03m€0.02m▼ 50.1%€0.1m▲ 766%€0.2m▲ 20.5%-€0.01m
Net result€0.1m--€0.05mbelow the sector's middle half€0.03mwithin the sector's middle half€0.005mbelow the sector's middle half▼ 79.5%€0.09mwithin the sector's middle half▲ 16×€0.1mwithin the sector's middle half▲ 16.5%-€0.03mbelow the sector's middle half
Equity€0.4m-€0.3mwithin the sector's middle half▼ 13.3%€0.3mwithin the sector's middle half▲ 7.9%€0.4mwithin the sector's middle half▲ 1.5%€0.4mwithin the sector's middle half▲ 24.2%€0.5mwithin the sector's middle half▲ 21.6%€0.5mwithin the sector's middle half▼ 5.1%
Total assets€1.1m-€0.9mwithin the sector's middle half▼ 19.3%€0.9mwithin the sector's middle half▼ 1.2%€0.9mwithin the sector's middle half▲ 4.9%€0.8mwithin the sector's middle half▼ 14.2%€0.8mwithin the sector's middle half▲ 0.6%€1.6mwithin the sector's middle half▲ 96.9%
Debt€0.7m-€0.6m▼ 22.4%€0.5m▼ 6.4%€0.6m▲ 7.1%€0.3m▼ 38.2%€0.3m▼ 25.6%€1.1m▲ 306%
Working capital-€0.3m--€0.3mbelow the sector's middle half▼ 14.1%-€0.3mbelow the sector's middle half▲ 0.4%-€0.3mbelow the sector's middle half▲ 7.9%-€0.2mwithin the sector's middle half▲ 33.5%-€0.1mwithin the sector's middle half▲ 37.8%-€0.2mbelow the sector's middle half▼ 87.9%
Solvency33.8%-36.3%within the sector's middle half▲ 2.5pp39.7%within the sector's middle half▲ 3.4pp38.4%within the sector's middle half▼ 1.3pp55.6%within the sector's middle half▲ 17.2pp67.2%within the sector's middle half▲ 11.6pp32.4%within the sector's middle half▼ 34.8pp
Current ratio0.46-0.15below the sector's middle half▼ 0.310.13below the sector's middle half▼ 0.030.25below the sector's middle half▲ 0.120.21below the sector's middle half▼ 0.040.33below the sector's middle half▲ 0.120.25below the sector's middle half▼ 0.08
Return on assets (ROA)12.4%--5.6%below the sector's middle half▼ 18.0pp2.9%within the sector's middle half▲ 8.5pp0.6%within the sector's middle half▼ 2.3pp10.9%within the sector's middle half▲ 10.3pp12.6%above the sector's middle half▲ 1.7pp-1.8%below the sector's middle half▼ 14.3pp
above
within
below
The sector band is the middle half of the companies in Financial service activities, except insurance and pension funding (NACE 64). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.6m
Fixed assets
€1.5m ▲ 102%
Current assets
€68,243 ▲ 28.1%
Equity and liabilities €1.6m
Equity
€504,029 ▼ 5.1%
Debt
€1.1m ▲ 306%
Debt's share of the balance-sheet total rises from 32.8% to 67.6%. Equity is lower and debt is higher.
Key figures and ratios
ROE
-5.4%▼
2024 · 18.7%
Debt ≤ 1 year
€273,417▲
2024 · €162,491
Debt > 1 year
€779,141▲
2024 · €96,953
Income taxes
€240▼
2024 · €37,797
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 30-06-2022 | 30-06-2023 | 30-06-2024 | 30-06-2025 |
|---|---|---|---|---|
| Tangible fixed assets | - | - | - | €840,000 |
| Financial fixed assets | - | - | - | €2,500 |
| Depreciation and write-downs of the year | €2,165 | €1,415 | €1,415 | €91,602 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €36,000 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16,051 | €1,962 | €1,996 | €2,165 | €1,415 | €1,415 | €91,602 | ▲ 65× |
| Other operating charges640/8 | - | - | - | €2,257 | €1,229 | €2,512 | €4,725 | ▲ 88.1% |
| Gross operating margin9900 | €196,437 | -€22,711 | €35,423 | €19,487 | €133,112 | €161,119 | €84,756 | ▼ 47.4% |
| Operating profit (loss)9901 | €178,728 | -€43,378 | €30,190 | €15,065 | €130,468 | €157,192 | -€11,571 | - |
| Financial income75/76B | - | - | - | €113 | €0 | - | - | - |
| Recurring financial income75 | €447 | - | €1 | €113 | €0 | - | - | - |
| Financial charges65/66B | - | - | - | €9,452 | €15,884 | €20,045 | €15,450 | ▼ 22.9% |
| Recurring financial charges65 | €5,840 | €5,337 | €4,541 | €9,452 | €15,884 | €20,045 | €15,450 | ▼ 22.9% |
| Profit (loss) for the period before taxes9903 | €173,335 | -€48,715 | €25,650 | €5,726 | €114,584 | €137,147 | -€27,021 | - |
| Income taxes67/77 | €37,086 | €604 | €208 | €521 | €29,290 | €37,797 | €240 | ▼ 99.4% |
| Profit (loss) for the period9904 | €136,249 | -€49,319 | €25,442 | €5,205 | €85,294 | €99,351 | -€27,261 | - |
| Profit (loss) for the period to be appropriated9905 | €136,249 | -€49,319 | €25,442 | €5,205 | €85,294 | €99,351 | -€27,261 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €1.1m | €0.9m | €0.9m | €0.9m | €0.8m | €0.8m | €1.6m | ▲ 96.9% |
| Fixed assets21/28 | €0.9m | €0.8m | €0.8m | €0.8m | €0.7m | €0.7m | €1.5m | ▲ 102% |
| Intangible fixed assets21 | €0.03m | - | - | - | - | - | - | - |
| Tangible fixed assets22/27 | €0.5m | €0.4m | €0.4m | €0.4m | €0.3m | €0.3m | €1.1m | ▲ 222% |
| Land and buildings22 | - | - | - | €0.4m | €0.3m | €0.3m | €1.1m | ▲ 227% |
| Plant, machinery and equipment23 | - | - | - | €0.008m | €0.007m | €0.006m | €0.005m | ▼ 20.0% |
| Furniture and vehicles24 | - | - | - | €0.002m | €0.002m | €0.001m | €0.001m | ▼ 14.6% |
| Financial fixed assets28 | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | ▲ 0.6% |
| Current assets29/58 | €0.2m | €0.05m | €0.04m | €0.09m | €0.05m | €0.05m | €0.07m | ▲ 28.1% |
| Stocks and contracts in progress3 | €0.002m | - | - | - | - | - | - | - |
| Amounts receivable within one year40/41 | €0.1m | €0.04m | €0.03m | €0.07m | €0.02m | €0.03m | €0.05m | ▲ 92.2% |
| Trade receivables40 | - | - | - | €0.02m | - | - | €0.001m | - |
| Other amounts receivable41 | - | - | - | €0.05m | €0.02m | €0.03m | €0.05m | ▲ 89.9% |
| Cash at bank and in hand54/58 | €0.07m | €0.007m | €0.009m | €0.01m | €0.02m | €0.02m | €0.01m | ▼ 50.4% |
| Deferred charges and accrued income490/1 | - | - | - | €0.001m | €0.005m | €0.003m | €0.005m | ▲ 51.9% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €1.1m | €0.9m | €0.9m | €0.9m | €0.8m | €0.8m | €1.6m | ▲ 96.9% |
| Equity10/15 | €0.4m | €0.3m | €0.3m | €0.4m | €0.4m | €0.5m | €0.5m | ▼ 5.1% |
| Contributions10/11 | €0.006m | - | - | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Reserves13 | €0.4m | €0.3m | €0.3m | €0.3m | €0.4m | €0.5m | €0.5m | ▼ 5.2% |
| Non-distributable reserves130/1 | - | - | - | €0.002m | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.002m | - | - | - | - |
| Distributable reserves133 | - | - | - | €0.3m | €0.4m | €0.5m | €0.5m | ▼ 5.2% |
| Amounts payable17/49 | €0.7m | €0.6m | €0.5m | €0.6m | €0.3m | €0.3m | €1.1m | ▲ 306% |
| Amounts payable after more than one year17 | €0.3m | €0.2m | €0.2m | €0.2m | €0.1m | €0.1m | €0.8m | ▲ 704% |
| Financial debts170/4 | - | - | - | €0.2m | €0.1m | €0.1m | €0.8m | ▲ 704% |
| Amounts payable within one year42/48 | €0.5m | €0.3m | €0.3m | €0.4m | €0.2m | €0.2m | €0.3m | ▲ 68.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.08m | €0.08m | €0.06m | €0.09m | ▲ 65.1% |
| Trade debts44 | €0.001m | €0.001m | €0.001m | €0.001m | €0.002m | €0.003m | €0.004m | ▲ 49.8% |
| Suppliers440/4 | - | - | - | €0.001m | €0.002m | €0.003m | €0.004m | ▲ 49.8% |
| Taxes, remuneration and social security45 | - | - | - | €0.002m | €0.003m | €0.006m | €0.003m | ▼ 44.9% |
| Taxes450/3 | - | - | - | €0.002m | €0.003m | €0.006m | €0.003m | ▼ 44.9% |
| Other amounts payable47/48 | - | - | - | €0.3m | €0.1m | €0.1m | €0.2m | ▲ 77.9% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €136,249 | -€49,319 | €25,442 | €5,205 | €85,294 | €99,351 | -€27,261 | - |
| + Depreciation and write-downs630 | €16,051 | €1,962 | €1,996 | €2,165 | €1,415 | €1,415 | €91,602 | ▲ 65× |
| Operating cash flow (approximation) | €152,300 | -€47,357 | €27,438 | €7,370 | €86,709 | €100,765 | €64,341 | ▼ 36.1% |
| Investment in fixed assets (approximation) | - | €44,955 | -€2,026 | €0 | €89,000 | €0 | -€842,500 | - |
| Change in cash | - | -€64,152 | €2,150 | €3,644 | €9,756 | €412 | -€11,608 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 15 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | abbreviated format | 28-01-2026 | 2026-00019068 | |
| 30-06-2024 | abbreviated format | 27-09-2024 | 2024-00482978 | |
| 30-06-2023 | abbreviated format | 31-01-2024 | 2024-00021449 | |
| 30-06-2022 | abbreviated format | 20-01-2023 | 2023-00002069 | |
| 30-06-2021 | abbreviated format | 28-01-2022 | 2022-02600374 | |
| 30-06-2020 | abbreviated format | 03-12-2020 | 2020-74500037 | |
| 30-06-2019 | abbreviated format | 14-01-2020 | 2020-01200288 | |
| 30-06-2018 | abbreviated format | 28-01-2019 | 2019-02700380 | |
| 30-06-2017 | abbreviated format | 17-01-2018 | 2018-01700263 | |
| 30-06-2016 | abbreviated format | 04-01-2017 | 2017-00200590 |
Board & ownership
Directors
Directors
2 directors, last change in 2023
Devriese,Kelly Carla
Current
Director (not named in the articles) · appointed in the act of 05-05-2023 · earlier manager, until 05-05-2023 · term without a fixed end · listed in the 2025 annual accounts, filed on 28-01-2026
Starkey,Kevin
Current
Director (not named in the articles) · appointed in the act of 05-05-2023 · earlier manager, until 05-05-2023 · term without a fixed end · listed in the 2025 annual accounts, filed on 28-01-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 05-05-2023Owners and capital
Capital transactions
Capital over time
- 05-05-2023 Capital stated in the deed · 100 shares
Mandate history
2 people, 2 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Devriese,Kelly Carla |
|
| Starkey,Kevin |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Bestuursorgaan, algemene vergadering bepaalt aantal,duur opdracht en bij meerdere bevoegdheid”“Vergoeding van de bestuurders, algemene vergadering beslist of mandaat al dan niet ten kosteloze titel wordt uitgeoefend”
Articles of association, deed of 05-05-2023 (in Dutch)
Network & group
Holdings and subsidiaries
1 holdingHoldings 1
- Metaalwerken Starkey TotaalinrichtingsubsidiarySourceown accounts 30-06-2025Equity €188,362 Profit of €253,256 in 2025 (profit of €169,226 in 2024) Checked score 85100%
Companies at the same address
2 other companiesConnections & network
2 current directorsThe network starts from the directors of STARKEY DEVRIESE. Every other company they run is a node.
This company
Company
Director
Shareholding
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Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
28-01
abbreviated format · 3 days before the deadline
2024
27-09
abbreviated format · 126 days before the deadline
30-06
Financial
Equity above €500,000equity €531,290 ▲21.6%
After 4 profitable years in a row, equity reaches €531,290.
31-01
abbreviated format · on the deadline day
2023
05-05
Gazette deed
Changes of role: Starkey,Kevin (director) and Devriese,Kelly Carla (director)Capital · Registered office clause · Capital conversion15 points ▸
Gazette deed
Changes of role: Starkey,Kevin (director) and Devriese,Kelly Carla (director)
Capital · Registered office clause · Capital conversion15 points ▸
- Capital
- Registered office clause, “8450 Bredene,Steenbakkerijstraat 27” (deed in Dutch)
- Other provision, “info@metalstar.be, website en e-mail vennootschap” (deed in Dutch)
- Director resignation, Starkey,Kevin (manager)
- Director resignation, Devriese,Kelly Carla (manager)
- Director appointment, Starkey,Kevin (director (not named in the articles))
- Director appointment, Devriese,Kelly Carla (director (not named in the articles))
- General meeting, 25-04-2023
- Other provision, “aanpassing statuten aan WVV en behoud rechtsvorm”, 1 (deed in Dutch)
- Capital conversion, “van rechtswege omgezet”, 2 (deed in Dutch)
- Reserve release, “opheffen statutair onbeschikbare eigen vermogensrekening, middelen beschikbaar voor uitkering” (deed in Dutch)
- Purpose change
- The act holds 3 more points.
20-01
abbreviated format · 11 days before the deadline
2022
28-01
abbreviated format · 3 days before the deadline
2021
30-06
Financial
Back to profitnet €25,442
The net result is €25,442, after one loss-making year.
2020
03-12
abbreviated format · 59 days before the deadline
30-06
Financial
Weakest financial yearnet -€49,319
The net result drops to -€49,319, the lowest from 2019 to 2025. It recovers the following year.
14-01
abbreviated format · 17 days before the deadline
2019
28-01
abbreviated format · 3 days before the deadline
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
STARKEY DEVRIESE in Dutch
Enterprise number
0816.766.031
Legal form
Private limited company
Status
Active, normale toestand
Founded
25-06-2009
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 05-05-2023 (in Dutch)Name clauseThe company operates under this name according to its articles.
Starkey Devriese
deed of 05-05-2023 (in Dutch)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest, bestuursorgaan kan bij enkel besluit administratieve zetels,agentschappen,werkhuizen,stapelplaatsen,bijkantoren in…”
deed of 05-05-2023 (in Dutch)Registered office and establishments
Registered office
Steenbakkerijstraat 27, 8450 Bredene, Belgium
Establishment unit
Starkey Devriese, Steenbakkerijstraat 27, 8450 Bredene since 03-07-2009 · unit number 2.180.797.0557020001 Business and other management consultancy
Activities
NACEBEL 202564210
Activities of holding companies main activity
70200
Business and other management consultancy
82990
Other business support services
Codes under NACEBEL 2008
64200
Holdings main activity
70220
Business consulting
82990
Other business support services
Invoicing and payment
VAT number
BE 0816.766.031
Financial year and general meeting
Accounts at the NBBFinancial year end
30-06
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Monday of October at 09:00
deed of 05-05-2023 (in Dutch)Environmental permits
1 application in Flanders since 2020 · 1 granted
Bouwen of herbouwen
Source: Omgevingsloket Vlaanderen.
Sites & property
Location
Buildings and parcels at the address
Ground area
618 m²
Building footprint
192 m²
Building volume
1,104 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 35302D0163/00R003 | Flanders | 618 m² | 1 · 192 m² | 6.9 m · 2 |