Starlott Stables
ActiveStarlott Stables has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €286k and a net result of €-105k. Equity is growing by ~18.2% per year across the filed fiscal years. Its solvency ranks better than 64% of 3112 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
54
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency75▼-16
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 2.65 against 5.08 in 2024; short-term debt: 30.6% and cash: 0.4% of total assets), but 50.3% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Sector 01
lower
← fewer bankruptcies
more bankruptcies →
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
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
18192021232425
2018 to 2025 · latest year €-105k
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 16-03-2026, 45 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
45 d early
2024
33 d early
2023
on the day
2021
160 d early
2020
152 d early
2019
158 d early
2018
113 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
21-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€286k▼ 26.9%
2024 · €391k
2018: €108k
2019: €105k
2020: €104k
2021: €93k
2023: €484k
2024: €391k
2018 → 2025
Total assets
€576k▼ 3.5%
2024 · €597k
2018: €109k
2019: €112k
2020: €104k
2021: €96k
2023: €616k
2024: €597k
2018 → 2025
Net result
€-105k▼ 13.3%
2024 · €-93k
2018: €-5k
2019: €-3k
2020: €-524
2021: €-11k
2023: €391k
2024: €-93k
2018 → 2025
Working capital
€291k▼ 22.3%
2024 · €375k
2018: €50k
2019: €51k
2021: €15k
2023: €447k
2024: €375k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202320242025Trend
Equity€104k-€93k▼ 10.8%€484k▲ 421%€391k▼ 19.2%€286k▼ 26.9%
Operating result€-524-€-11k▼ 2,049%€494k€-106k€-119k▼ 11.7%
Net result€-524-€-11k▼ 2,049%€391k€-93k€-105k▼ 13.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €119k in 2025 against €106k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €576k
Fixed assets
€108k▼ 16.8%
Current assets
€467k▲ 0.2%
Equity and liabilities €576k
Equity
€286k▼ 26.9%
Provisions
€114k=
Debt
€176k▲ 91.7%
The debt ratio rises from 15.4% to 30.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-97k▼
2024 · €-84k
Cash flow
€-83k▼
2024 · €-71k
Solvency
49.7%▼
2024 · 65.6%
Current ratio
2.65▼
2024 · 5.08
Quick ratio
2.65▼
2024 · 5.08
Debt / equity
0.62▲
2024 · 0.23
ROE
-36.8%▼
2024 · -23.7%
ROA
-18.3%▼
2024 · -15.6%
Interest coverage
-1554.03▼
2024 · -535.49
Debt
€176k▲
2024 · €92k
Debt ≤ 1 year
€176k▲
2024 · €92k
Staff costs
€14k▼
2024 · €27k
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€597k€576k▼
Fixed assets21/28€130k€108k▼
Tangible fixed assets22/27€129k€107k▼
Plant, machinery and equipment23€786€531▼
Furniture and vehicles24€27k€18k▼
Other tangible fixed assets26€101k€88k▼
Financial fixed assets28€2k€2k=
Current assets29/58€467k€467k▲
Amounts receivable after more than one year29€450k€450k=
Other amounts receivable291€450k€450k=
Amounts receivable within one year40/41€0€317▲
Trade receivables40€0€317▲
Cash at bank and in hand54/58€2k€2k▲
Deferred charges and accrued income490/1€15k€15k▲
Equity and liabilities
Total equity and liabilities10/49€597k€576k▼
Equity10/15€391k€286k▼
Contributions10/11€154k€154k=
Reserves13€496k€496k=
Tax-exempt reserves132€495k€495k=
Distributable reserves133€1k€1k=
Profit (loss) carried forward14€-258k€-363k▼
Provisions and deferred taxes16€114k€114k=
Deferred taxes168€114k€114k=
Amounts payable17/49€92k€176k▲
Amounts payable within one year42/48€92k€176k▲
Trade debts44€5k€2k▼
Suppliers440/4€5k€2k▼
Advances received on contracts in progress46€1k€2k▲
Taxes, remuneration and social security45€14k€7k▼
Taxes450/3€12k€6k▼
Remuneration and social security454/9€3k€1k▼
Other amounts payable47/48€71k€165k▲
Income statement
Code20242025
Remuneration, social security and pensions62€27k€14k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€22k=
Other operating charges640/8€2k€1k▼
Gross operating margin9900€-56k€-82k▼
Operating profit (loss)9901€-106k€-119k▼
Financial income75/76B€14k€14k▼
Recurring financial income75€14k€14k▼
Financial charges65/66B€158€62▼
Recurring financial charges65€158€62▼
Profit (loss) for the period before taxes9903€-93k€-105k▼
Transfer to deferred taxes680€0-
Profit (loss) for the period9904€-93k€-105k▼
Transfer to tax-exempt reserves689€0-
Profit (loss) for the period to be appropriated9905€-93k€-105k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-258k€-363k▼
Profit (loss) brought forward from the previous period14P€-165k€-258k▼
The notes to these accounts (7 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
16-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Weakest financial yearnet €-105k
Net result drops to €-105k, the lowest in the series.
28-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Back to profitnet €391k
Net result €391k after 4 loss-making years.
30-09
Financial
Liquidity quadruplescurrent ratio 25.60
Current ratio from 6.79 to 25.60.
30-09
Financial
Equity above €200kEq €484k ▲421%
Equity rises from €93k to €484k.
2022
21-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
01-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
24-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
09-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
22-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
14-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
05-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Haacht · 1 establishment unit since 2022
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.
Kapellemansdijk 153150 HaachtGround area
5,454 m²
Building footprint
1,716 m²
Volume, LiDAR
10,420 m³
Parcel 24033B0055/00F000, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Starlott Stables
since 20222.335.935.588
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24033B0055/00F000 | Flanders | 5,454 m² | 1 · 1,716 m² | 8.9 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.
Recognitions · licences · registrations
Dual-learning approval
1 live approvalPaardenhouderij duaal (so)
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Of 1,581 companies in sector 01620 we hold annual accounts for 218. 167 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-05-1991
Fiscal year end30-09
Activities, NACEBEL
01620Support activities for animal production
93110Operation of sports facilities
01430Raising of horses and other equines
85510Sports and recreation education
93199Other sports activities
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.