Equity
Equity fell by 41% in 2 years.
Equity fell by 41% in 2 years.
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
Debts rose by €84,248 in 2025.
Short-term debts rose from €91,833 to €176,081.
The last five annual accounts were filed 0 to 160 days before the end of the period.
Lower net result than 95% of companies in crop and animal production. Sector median €7,143 · 3,716 companies.
The dashed line is the sector median: 0.1% across 5,692 companies (NACE 01, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 01, micro). It does better than 63% of them on solvency, 32% on liquidity, 4% on profitability and 12% on growth.
The bankruptcy probability was computed on 05-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-09-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 5,831 companies had the same profile as Starlott Stables has now. Each dot stands for 15 companies, two years later.
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Starlott Stables itself is lower: 0.2% within 12 months. It rests on far more data about Starlott Stables than the profile alone.
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 5,831 companies, not a prediction for Starlott Stables. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is ample, with a current ratio of 2.65 (5.08 in 2024), above the usual 1.5. Short-term debt is 30.6% and cash 0.4% of total assets. However, 50.3% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 94 days before the deadline. In the sector (NACE 01), the median for financial year 2024 was 3 days before the deadline, and 37% of those companies filed late.
| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| Starlott Stables Haacht | €0.6m | -€81,589 | 49.7% | - |
| DEKSTATION HOLSTENHOEVE Geel | €0.6m | -€23,751 | -31.8% | - |
| LA FERME DU PARC Silly | €0.2m | -€54,877 | 33.6% | - |
| EQUIGEN Gavere | €0.2m | -€8 | -24.6% | - |
| HGP Hamme (Vl.) | €0.6m | €1,249 | 41.0% | - |
| AGRO-LOOI Hoogstraten | €0.3m | €3,105 | 62.8% | 0 |
| HET VOSSEGAT Brecht | €2.3m | -€74,927 | 4.6% | - |
These companies have the same main activity as Starlott Stables: support activities for animal production (NACE 01620). They are comparable in size and age: total assets between €158,000 and €2.3m, founded between 1990 and 2014.
Starlott Stables files the micro format. That format states no turnover. The gross margin fell from €12,830 in 2007 to -€81,589 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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