Starlette
ActiveStarlette has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €426k and a net result of €35k. Equity is growing by ~27.7% per year across the filed fiscal years. Its solvency ranks better than 36% of 10190 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability41▼-59
Solvency33▼-4
Growth78=
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days only on tighter terms
Liquidity short (current ratio 0.8 against 1.08 in 2024), and 75.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 47
Relative position
BE, all sectors
reference
Sector 47
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
24.8%
Return on assets
2%
Age of the figures
11 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 · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 22-04-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 d early
2024
8 d early
2023
4 d early
2022
10 d early
2021
31 d early
2020
11 d early
2019
1 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
11-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€426k▲ 8.9%
2024 · €392k
2018: €90k
2019: €112k
2020: €120k
2021: €186k
2022: €242k
2023: €302k
2024: €392k
2018 → 2025
Total assets
€1.72M▲ 6.4%
2024 · €1.62M
2018: €852k
2019: €815k
2020: €819k
2021: €1.03M
2022: €1.67M
2023: €1.66M
2024: €1.62M
2018 → 2025
Net result
€35k▼ 61.1%
2024 · €89k
2018: €11k
2019: €26k
2020: €7k
2021: €66k
2022: €57k
2023: €60k
2024: €89k
2018 → 2025
Working capital
€-49k
2024 · €18k
2018: €-63k
2019: €-27k
2020: €-15k
2021: €54k
2022: €-112k
2023: €-68k
2024: €18k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€186k-€242k▲ 30.5%€302k▲ 24.8%€392k▲ 29.5%€426k▲ 8.9%
Operating result€92k-€86k▼ 6.1%€87k▲ 0.8%€148k▲ 70.0%€71k▼ 52.0%
Net result€66k-€57k▼ 14.1%€60k▲ 5.9%€89k▲ 48.7%€35k▼ 61.1%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 52% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.72M
Fixed assets
€1.53M▲ 11.3%
Current assets
€191k▼ 21.2%
Equity and liabilities €1.72M
Equity
€426k▲ 8.9%
Debt
€1.29M▲ 5.7%
The debt ratio falls from 75.8% to 75.2%: equity grows faster than debt.
Key figures and ratios
EBITDA
€208k▼
2024 · €273k
Cash flow
€171k▼
2024 · €214k
Solvency
24.8%▲
2024 · 24.2%
Current ratio
0.80▼
2024 · 1.08
Quick ratio
0.71▼
2024 · 1.00
Debt / equity
3.03▼
2024 · 3.13
ROE
8.1%▼
2024 · 22.8%
ROA
2.0%▼
2024 · 5.5%
Interest coverage
8.43▼
2024 · 14.40
Debt
€1.29M▲
2024 · €1.22M
Debt ≤ 1 year
€240k▲
2024 · €225k
Debt > 1 year
€1.04M▲
2024 · €999k
Income taxes
€14k▼
2024 · €40k
Staff costs
€379k▲
2024 · €332k
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€1.62M€1.72M▲
Fixed assets21/28€1.37M€1.53M▲
Intangible fixed assets21€1k€781▼
Tangible fixed assets22/27€1.37M€1.53M▲
Land and buildings22€1.29M€1.44M▲
Plant, machinery and equipment23€73k€74k▲
Furniture and vehicles24€13k€17k▲
Current assets29/58€243k€191k▼
Stocks and contracts in progress3€17k€21k▲
Stocks30/36€17k€21k▲
Amounts receivable within one year40/41€49k€38k▼
Trade receivables40€43k€32k▼
Other amounts receivable41€5k€7k▲
Cash at bank and in hand54/58€172k€112k▼
Deferred charges and accrued income490/1€5k€20k▲
Equity and liabilities
Total equity and liabilities10/49€1.62M€1.72M▲
Equity10/15€392k€426k▲
Contributions10/11€19k€19k=
Reserves13€373k€408k▲
Distributable reserves133€373k€408k▲
Amounts payable17/49€1.22M€1.29M▲
Amounts payable after more than one year17€999k€1.04M▲
Financial debts170/4€999k€1.04M▲
Amounts payable within one year42/48€225k€240k▲
Current portion of amounts payable after more than one year42€103k€120k▲
Trade debts44€68k€51k▼
Suppliers440/4€68k€51k▼
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€54k€68k▲
Taxes450/3€36k€27k▼
Remuneration and social security454/9€19k€41k▲
Accrued charges and deferred income492/3€562€10k▲
Income statement
Code20242025
Remuneration, social security and pensions62€332k€379k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€125k€136k▲
Other operating charges640/8€10k€13k▲
Non-recurring operating charges66A€1k€0▼
Gross operating margin9900€616k€600k▼
Operating profit (loss)9901€148k€71k▼
Financial income75/76B€660€2k▲
Recurring financial income75€660€2k▲
Financial charges65/66B€19k€25k▲
Recurring financial charges65€19k€25k▲
Profit (loss) for the period before taxes9903€130k€48k▼
Income taxes67/77€40k€14k▼
Profit (loss) for the period9904€89k€35k▼
Profit (loss) for the period to be appropriated9905€89k€35k▼
Appropriation of the result
Profit (loss) to be appropriated9906€89k€35k▼
Transfer to equity691/2€89k€35k▼
To other reserves6921€89k€35k▼
Social balance
Average headcount (FTE)90876.56.7▲
The notes to these accounts (21 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
22-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
22-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Highest result since 2018net €89k ▲48.7%
Operating result €148k, net result €89k, both a record.
26-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
20-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Equity above €200kEq €242k ▲30.5%
5 profitable years in a row build equity to €242k.
30-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Equity above €150kEq €186k ▲55.1%
4 profitable years in a row build equity to €186k.
19-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Weakest financial yearnet €7k ▼70.9%
Net result drops to €7k, the lowest in the series; recovery starts the following year.
29-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Equity above €100kEq €112k ▲25.1%
2 profitable years in a row build equity to €112k.
26-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-04
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
3 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, Kortrijk · 2 establishment units since 2011
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.
Voorstraat(Kor) 228500 KortrijkGround area
393 m²
Building footprint
393 m²
Volume, LiDAR
2,932 m³
Parcel 34353H1086/00G000, Flanders · tallest building 18.3 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Voorstraat(Kor) 22, 8500 Kortrijk
since 20112.196.262.815
Voorstraat(Kor) 22, 8500 Kortrijk
since 20212.324.445.642
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34353H1086/00G000 | Flanders | 393 m² | 1 · 393 m² | 18.3 m · 2 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Similar companies · same sector, comparable size
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QMARKET
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Welda
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MEPOK
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Ninove · Eq €426k
Of 10,412 companies in sector 47110 we hold annual accounts for 5,787. 3,322 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-02-2011
Fiscal year end30-09
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
56301Cafés and bars
56101Full-service restaurants
56102Limited-service restaurants
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.