STAROTEC
ActiveSTAROTEC has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €288k and a net result of €107k. Equity is growing by ~52.7% per year across the filed fiscal years. Its solvency ranks better than 65% of 1294 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
93
/ 100
Excellent▲ +17 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency98▲+28
Growth78=
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 3.45 against 0.65 in 2024), and 41.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 33
Relative position
BE, all sectors
reference
Sector 33
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
58.8%
Return on assets
21.9%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 6 filingsDeviation from the deadline
2025
28 d late
2024
on the day
2023
on the day
2022
3 d early
2021
2 d early
2020
1 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€288k▲ 31.5%
2024 · €219k
2020: €25k
2021: €64k
2022: €88k
2023: €108k
2024: €219k
2020 → 2025
Total assets
€490k▲ 44.4%
2024 · €339k
2020: €255k
2021: €259k
2022: €245k
2023: €246k
2024: €339k
2020 → 2025
Net result
€107k▼ 23.8%
2024 · €141k
2020: €-23k
2021: €38k
2022: €52k
2023: €70k
2024: €141k
2020 → 2025
Working capital
€119k
2024 · €-35k
2020: €-20k
2021: €-183
2022: €-1k
2023: €-36k
2024: €-35k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€64k-€88k▲ 39.0%€108k▲ 22.8%€219k▲ 102%€288k▲ 31.5%
Operating result€52k-€75k▲ 44.0%€103k▲ 36.8%€209k▲ 103%€167k▼ 19.9%
Net result€38k-€52k▲ 37.1%€70k▲ 34.1%€141k▲ 100%€107k▼ 23.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 20% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €490k
Fixed assets
€322k▲ 18.0%
Current assets
€167k▲ 154%
Equity and liabilities €490k
Equity
€288k▲ 31.5%
Debt
€202k▲ 68.1%
The debt ratio rises from 35.4% to 41.2%: debt grows faster than equity.
Key figures and ratios
EBITDA
€173k▼
2024 · €213k
Cash flow
€113k▼
2024 · €145k
Solvency
58.8%▼
2024 · 64.6%
Current ratio
3.45▲
2024 · 0.65
Quick ratio
3.45▲
2024 · 0.65
Debt / equity
0.70▲
2024 · 0.55
ROE
37.2%▼
2024 · 64.2%
ROA
21.9%▼
2024 · 41.5%
Interest coverage
22.59▼
2024 · 42.68
Debt
€202k▲
2024 · €120k
Debt ≤ 1 year
€49k▼
2024 · €101k
Debt > 1 year
€150k▲
2024 · €3k
Income taxes
€52k▼
2024 · €63k
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€339k€490k▲
Fixed assets21/28€273k€322k▲
Tangible fixed assets22/27€23k€22k▼
Plant, machinery and equipment23€4k€1k▼
Furniture and vehicles24€11k€13k▲
Other tangible fixed assets26€7k€8k▲
Financial fixed assets28€250k€300k▲
Current assets29/58€66k€167k▲
Amounts receivable within one year40/41€52k€101k▲
Trade receivables40€27k€21k▼
Other amounts receivable41€25k€80k▲
Current investments50/53-€4
Cash at bank and in hand54/58€12k€56k▲
Deferred charges and accrued income490/1€1k€10k▲
Equity and liabilities
Total equity and liabilities10/49€339k€490k▲
Equity10/15€219k€288k▲
Contributions10/11€1k€1k=
Reserves13€133k€175k▲
Distributable reserves133€133k€175k▲
Profit (loss) carried forward14€85k€112k▲
Amounts payable17/49€120k€202k▲
Amounts payable after more than one year17€3k€150k▲
Financial debts170/4€3k€150k▲
Amounts payable within one year42/48€101k€49k▼
Current portion of amounts payable after more than one year42€46k€3k▼
Financial debts43-€20k
Credit institutions430/8-€20k
Trade debts44€5k€4k▼
Suppliers440/4€5k€4k▼
Taxes, remuneration and social security45€26k€22k▼
Taxes450/3€26k€22k▼
Remuneration and social security454/9€0-
Other amounts payable47/48€24k€0▼
Accrued charges and deferred income492/3€17k€3k▼
Income statement
Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€6k▲
Other operating charges640/8€3k€2k▼
Non-recurring operating charges66A€0-
Gross operating margin9900€216k€175k▼
Operating profit (loss)9901€209k€167k▼
Financial income75/76B€4€88▲
Recurring financial income75€4€88▲
Financial charges65/66B€5k€8k▲
Recurring financial charges65€5k€8k▲
Profit (loss) for the period before taxes9903€204k€159k▼
Income taxes67/77€63k€52k▼
Profit (loss) for the period9904€141k€107k▼
Profit (loss) for the period to be appropriated9905€141k€107k▼
Appropriation of the result
Profit (loss) to be appropriated9906€165k€192k▲
Profit (loss) brought forward from the previous period14P€24k€85k▲
Transfer from equity791/2-€38k
Transfer to equity691/2€50k€80k▲
To the legal reserve6920-€80k
To other reserves6921€50k€0▼
Profit to be distributed694/7€30k€38k▲
Return on contributions (dividend)694€30k€38k▲
The notes to these accounts (15 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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
26-08
State Gazette act
Registered officeBoard meeting · Registered-office move · Power of attorney3 facts ▸
State Gazette act
Registered office
Board meeting · Registered-office move · Power of attorney3 facts ▸
- Board meeting, 2026-08-20
- Registered-office move, Gravenweg 3, 8210 Zedelgem
- Power of attorney, VOF BIFAS
2025
31-12
Financial
Liquidity times 5current ratio 3.45
Current ratio from 0.65 to 3.45; short-term debt falls from €101k to €49k.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2020net €141k ▲100%
Operating result €209k, net result €141k, both a record.
31-12
Financial
Equity above €200kEq €219k ▲102%
4 profitable years in a row build equity to €219k.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €100kEq €108k ▲22.8%
3 profitable years in a row build equity to €108k.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €38k
Net result €38k after one loss-making year.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Zedelgem · 1 establishment unit since 2016
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.
Gravenweg 38210 ZedelgemGround area
1,658 m²
Building footprint
404 m²
Volume, LiDAR
1,381 m³
2 parcels, Flanders · tallest building 10.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
STAROTEC
since 20162.258.320.742
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31036F0314/00T000 | Flanders | 1,163 m² | 1 · 179 m² | 8.3 m |
| 31028B0133/00N002 | Flanders | 495 m² | 1 · 225 m² | 10.1 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 642 companies in sector 33140 we hold annual accounts for 199. 121 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-11-2016
Fiscal year end31-12
Activities, NACEBEL
33140Repair and maintenance of electrical equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.