Equity
€16,092 from €53,844 in 2023
Equity fell by 70% in 2 years.
StarRetail
Lifetime
15 annual accounts with figures on one time axispeak €152,340 (2014)
-€7,436▼ €18,213
lowest -€259,510 (2012)
-€31,199▼ €24,646
peak €53,844 (2023)
€16,092▼ 66.0%
€36,681▲ 88.7%
peak 2.3 FTE (2011)
-not published
Board2 names since 2012
2 directorsLVL MANAGEMENT and 1 other
Documentsfilings and deeds
06-07-202625 days before the deadline
2025abbreviated format
Gross margin from €10,778 to -€7,436Loss of €31,199Equity from €47,291 to €16,092Debts from €19,435 to €36,681Investments €7,069Cash from €10,326 to €914
Key points
from the 2025 annual accountsLosses
-€37,752 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
Investments
€7,069 2.4 × depreciation
Green is investment, beige is depreciation.
Liquidity
0.73 was 2.31 in 2024
Short-term debts rose from €19,435 to €36,681.
Filings
15 annual accounts since 2011
Five of the last ten came late. The 2019 accounts came latest: 92 days after the end of the period.
Position in the sector
-€31,199
Lower net result than 87% of companies in food and beverage service. Sector median €10,329 · 4,832 companies.
Turnover not published (abbreviated or micro format)
Checked score
53
Fair
Financially stronger than 21% of micro companies in food and beverage service (NACE 56)
Probability in this band: 1.5% to 4.2%
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59.
Bankruptcy probability within 12 months
1.5% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.8% across 23,796 companies (NACE 56, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024lowest value
02-2025: 0.1%● unchanged vs 01-2025lowest value
03-2025: 0.1%● unchanged vs 02-2025lowest value
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.6%▲ +0.5 percentage points vs 06-2025
08-2025: 0.6%● unchanged vs 07-2025
09-2025: 0.6%● unchanged vs 08-2025
10-2025: 0.6%● unchanged vs 09-2025
11-2025: 0.6%● unchanged vs 10-2025
12-2025: 0.6%● unchanged vs 11-2025
01-2026: 0.6%● unchanged vs 12-2025
02-2026: 0.6%● unchanged vs 01-2026
03-2026: 0.6%● unchanged vs 02-2026
04-2026: 0.6%● unchanged vs 03-2026
05-2026: 0.6%● unchanged vs 04-2026
06-2026: 0.6%● unchanged vs 05-2026
07-2026: 0.7%▲ +0.1 percentage points vs 06-2026
08-2026: 1.5%▲ +0.8 percentage points vs 07-2026highest value
09-2026: 1.5%● unchanged vs 08-2026highest value
10-2026: 1.5%● unchanged vs 09-2026highest value
11-2026: 1.5%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year
Loss of €31,199, the second in a row (financial year 2025)
Sector: Food and beverage service activities (NACE 56)
lowers risk
Founded in 2010
Size: total assets €52,773
Calculation
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 56, micro). It does better than 51% of them on solvency, 13% on liquidity, 8% on profitability and 12% on growth.
The bankruptcy probability was computed on 07-11-2026 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 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% 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).
Comparable companies, two years later
In July 2024, 4,805 companies had the same profile as StarRetail has now. Each dot stands for 13 companies, two years later.
88.1%
were still trading
9.8%
stopped another way
2.0%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of StarRetail itself: 1.5% within 12 months.
Test of the method
The method was tested on the 497,447 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 4,805 companies, not a prediction for StarRetail. 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.
Credit verdict
Credit of up to €500 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is insufficient, with a current ratio of 0.73 (2.31 in 2024), below 1. Short-term debt is 69.5% and cash 1.7% of total assets. 69.5% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
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
1819202122232425
2018 to 2025 · latest year -€31,199
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 days early
2024
48 days early
2023
45 days early
2022
3 days late
2021
2 days early
2020
31 days late
2019
92 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 1 day after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 6 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
2 directors appointed
VAN WIN, Marijke and LVL MANAGEMENT · Permanent representative: VANLOMMEL, Lieven Jozef · “De kleinhandel in groenten en fruit en aardappelproducten,zowel vers als bewerkt,rauwkost en alle bereide en…” (deed in Dutch) · General meeting of 19-12-2023 · Gazette deed
Incorporation
published on 07-10-2010 · Gazette deed
First establishment
Oude Vorstseweg 29, Laakdal
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| StarRetail Laakdal | €52,773 | -€7,436 | 30.5% | - |
| CAMEMBIERE Antwerp | €57,039 | -€2,795 | 52.7% | - |
| Panaché Merelbeke-Melle | €54,339 | -€1,979 | 74.0% | - |
| Ocior Logistics Auderghem | €58,416 | -€1,535 | 96.6% | - |
| ONTBIJTCENTRALE Scherpenheuvel-Zichem | €51,876 | -€55,218 | -116.5% | - |
| Populair Riemst | €45,186 | -€6,212 | 72.1% | - |
| FRITUUR JAMI Ranst | €39,952 | -€43,755 | -86.5% | - |
These companies have the same main activity as StarRetail: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €40,000 and €58,400, founded between 2009 and 2012.
Official details
Source: KBO- Status
- Active since 21-09-2010Normal situation
- Activity
- Limited-service restaurants, excluding mobile food servicesNACE 56112and 1 other
- Establishment unit
- 2.192.434.1842430 Laakdal, since 21-09-2010
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- €52,773▼ 20.9%
- Filing
- Filed on 06-07-2026, 25 days before the end of the filing period
Insights on StarRetail
StarRetail files the abbreviated format. That format states no turnover. The gross margin rose from -€134,054 in 2011 to -€7,436 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.
Key facts about StarRetail
- What is the company number of StarRetail?
- The company number of StarRetail is 0829.632.189. The VAT number is the same number with BE in front: BE 0829.632.189.
- Where is StarRetail based?
- The registered office is at Oude Vorstseweg 29, 2430 Laakdal.Company details
- What does StarRetail do?
- According to the KBO register, the main activity is limited-service restaurants, excluding mobile food services (NACE 56112).
- What is the legal form of StarRetail?
- StarRetail is a public limited company (NV).
- When was StarRetail founded?
- StarRetail was founded on 21-09-2010.
- Is StarRetail still active?
- Yes, StarRetail is an active enterprise in the KBO register.
- What is the turnover of StarRetail?
- The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.Financials
- Is StarRetail profitable?
- In financial year 2025, StarRetail made a loss of €31,199.
- Where can I find the annual accounts of StarRetail?
- StarRetail filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of StarRetail due?
- StarRetail must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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