Starlette & Co
ActiveSummary
The computed 12-month bankruptcy probability of Starlette & Co is 2.8% (moderate). For Starlette & Co, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €1.1m and a net result of €82,755. Equity remains stable across the filed financial years (±1.6% per year). Its solvency ranks better than 79% of 2,938 sector peers (NACE 56, financial year 2024). The company has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals.
Financials · financial year 2024, abbreviated format
2020 to 2024, 5 financial years 2019 to 2024, 6 financial years
The operating result returns to profit in 2024: €100,715 after a loss of €37,538 in 2023, the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 56, Food and beverage service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €74,899 | €82,829 | €100,584 | ▲ 21.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €94,528 | €92,358 | €86,769 | €62,914 | €76,763 | €85,180 | ▲ 11.0% |
| Other operating charges640/8 | - | - | - | €8,640 | €1,422 | €9,985 | ▲ 602% |
| Gross operating margin9900 | €283,914 | €210,913 | €147,268 | €131,203 | €123,476 | €296,464 | ▲ 140% |
| Operating profit (loss)9901 | €117,183 | €72,418 | -€4,163 | -€15,249 | -€37,538 | €100,715 | ▲ 368% |
| Financial income75/76B | - | - | - | €16 | €1 | €41 | ▲ 2,865% |
| Recurring financial income75 | €78 | €399 | €248 | €16 | €1 | €41 | ▲ 2,865% |
| Financial charges65/66B | - | - | - | €12,012 | €10,352 | €9,726 | ▼ 6.0% |
| Recurring financial charges65 | €57,010 | €53,917 | €12,693 | €12,012 | €10,352 | €9,726 | ▼ 6.0% |
| Profit (loss) for the period before taxes9903 | €60,251 | €18,899 | -€16,609 | -€27,245 | -€47,889 | €91,030 | ▲ 290% |
| Transfer from deferred taxes780 | - | - | - | €56,250 | - | - | - |
| Income taxes67/77 | €21,783 | €3,466 | €11,383 | €10,416 | - | €8,275 | - |
| Profit (loss) for the period9904 | €38,468 | €15,434 | €28,258 | €18,589 | -€47,889 | €82,755 | ▲ 273% |
| Profit (loss) for the period to be appropriated9905 | €38,468 | €15,434 | €28,258 | €18,589 | -€47,889 | €82,755 | ▲ 273% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €2.3m | €2.2m | €2.1m | €1.8m | €1.7m | €1.7m | ▲ 3.7% |
| Fixed assets21/28 | €0.6m | €0.5m | €0.4m | €0.3m | €0.4m | €0.4m | ▲ 19.6% |
| Tangible fixed assets22/27 | €0.6m | €0.5m | €0.4m | €0.3m | €0.4m | €0.4m | ▲ 19.6% |
| Land and buildings22 | - | - | - | €0.3m | €0.4m | €0.4m | ▲ 11.7% |
| Plant, machinery and equipment23 | - | - | - | €0.002m | €442 | €0.03m | ▲ 6,239% |
| Furniture and vehicles24 | - | - | - | €0.002m | €0.002m | €0.003m | ▲ 112% |
| Current assets29/58 | €1.7m | €1.7m | €1.7m | €1.5m | €1.3m | €1.3m | ▼ 0.9% |
| Stocks and contracts in progress3 | €0.7m | €0.7m | €1.0m | €1.3m | €1.1m | €1.2m | ▲ 10.3% |
| Stocks30/36 | - | - | - | €1.3m | €1.1m | €1.2m | ▲ 10.3% |
| Amounts receivable within one year40/41 | €0.04m | €0.01m | €0.003m | €369 | €0.01m | €0.009m | ▼ 17.4% |
| Other amounts receivable41 | - | - | - | €369 | €0.01m | €0.009m | ▼ 17.4% |
| Cash at bank and in hand54/58 | €0.9m | €1.1m | €0.7m | €0.2m | €0.2m | €0.09m | ▼ 56.6% |
| Deferred charges and accrued income490/1 | - | - | - | - | - | €464 | - |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €2.3m | €2.2m | €2.1m | €1.8m | €1.7m | €1.7m | ▲ 3.7% |
| Equity10/15 | €1.1m | €1.1m | €1.1m | €1.0m | €1.0m | €1.1m | ▲ 8.5% |
| Contributions10/11 | €0.3m | €0.3m | - | €0.3m | €0.3m | €0.3m | = |
| Reserves13 | €0.8m | €0.8m | €0.8m | €0.8m | €0.7m | €0.8m | ▲ 11.5% |
| Non-distributable reserves130/1 | - | - | - | €0.04m | €0.04m | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.04m | €0.04m | - | - |
| Distributable reserves133 | - | - | - | €0.7m | €0.7m | €0.8m | ▲ 17.7% |
| Profit (loss) carried forward14 | €0.005m | €0.005m | €0.005m | €0.005m | - | - | - |
| Amounts payable17/49 | €1.2m | €1.1m | €1.0m | €0.8m | €0.7m | €0.7m | ▼ 3.3% |
| Amounts payable after more than one year17 | €0.9m | €0.9m | €0.9m | €0.7m | €0.6m | €0.6m | ▼ 1.4% |
| Financial debts170/4 | - | - | - | €0.04m | €0.008m | - | - |
| Other amounts payable178/9 | - | - | - | €0.7m | €0.6m | €0.6m | = |
| Amounts payable within one year42/48 | €0.2m | €0.2m | €0.2m | €0.1m | €0.1m | €0.09m | ▼ 10.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.05m | €0.03m | €0.008m | ▼ 73.0% |
| Trade debts44 | €0.04m | €0.006m | €0.002m | €0.01m | €0.03m | €0.03m | ▲ 12.2% |
| Suppliers440/4 | - | - | - | €0.01m | €0.03m | €0.03m | ▲ 12.2% |
| Taxes, remuneration and social security45 | - | - | - | €0.01m | €0.02m | €0.02m | ▲ 47.7% |
| Taxes450/3 | - | - | - | €0.003m | €0.004m | €0.009m | ▲ 140% |
| Remuneration and social security454/9 | - | - | - | €0.01m | €0.01m | €0.02m | ▲ 21.3% |
| Other amounts payable47/48 | - | - | - | €0.04m | €0.02m | €0.02m | ▼ 0.7% |
| Accrued charges and deferred income492/3 | - | - | - | €0.004m | €0.004m | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €38,468 | €15,434 | €28,258 | €18,589 | -€47,889 | €82,755 | ▲ 273% |
| + Depreciation and write-downs630 | €94,528 | €92,358 | €86,769 | €62,914 | €76,763 | €85,180 | ▲ 11.0% |
| Operating cash flow (approximation) | €132,996 | €107,792 | €115,028 | €81,502 | €28,874 | €167,935 | ▲ 482% |
| Investment in fixed assets (approximation) | - | €0 | -€95 | -€1,074 | -€112,167 | -€157,295 | ▼ 40.2% |
| Change in cash | - | €129,638 | -€338,287 | -€485,619 | -€19,310 | -€120,251 | ▼ 523% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
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2023 · 1 entry · €2,000 awarded · €2,000 paidPublic contracts: not fully processed yet. The notices from April 2023 to September 2026 are still being read.