STARSIM
ActiveSTARSIM has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €110k and a net result of €43k. Equity is growing by ~9.7% per year across the filed fiscal years. Its solvency ranks better than 52% of 1294 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2025
73
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability92▲+5
Solvency73▼-20
Growth52=
Track record100
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 1.9 against 3.06 in 2024; short-term debt: 52% and cash: 71.7% of total assets), but 52% 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
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
48%
Return on assets
18.6%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-08-2026, 10 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filingsDeviation from the deadline
2025
10 d late
2024
119 d late
2023
41 d early
2022
101 d late
2021
39 d late
2020
549 d late
2019
32 d late
← 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€110k▼ 3.3%
2024 · €113k
2019: €61k
2020: €104k
2021: €119k
2022: €137k
2023: €89k
2024: €113k
2019 → 2025
Total assets
€229k▲ 38.1%
2024 · €166k
2019: €110k
2020: €154k
2021: €164k
2022: €185k
2023: €89k
2024: €166k
2019 → 2025
Net result
€43k▲ 74.6%
2024 · €24k
2019: €43k
2020: €43k
2021: €15k
2022: €18k
2023: €-48k
2024: €24k
2019 → 2025
Working capital
€107k▼ 0.3%
2024 · €108k
2019: €59k
2020: €87k
2021: €104k
2022: €122k
2024: €108k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€119k-€137k▲ 14.9%€89k▼ 35.1%€113k▲ 27.4%€110k▼ 3.3%
Operating result€30k-€21k▼ 29.4%€-48k€25k€53k▲ 114%
Net result€15k-€18k▲ 16.4%€-48k€24k€43k▲ 74.6%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 114% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €229k
Fixed assets
€2k▼ 59.4%
Current assets
€226k▲ 41.6%
Equity and liabilities €229k
Equity
€110k▼ 3.3%
Debt
€119k▲ 128%
The debt ratio rises from 31.5% to 52.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€56k▲
2024 · €30k
Cash flow
€46k▲
2024 · €30k
Solvency
48.0%▼
2024 · 68.5%
Current ratio
1.90▼
2024 · 3.06
Quick ratio
1.90▼
2024 · 3.06
Debt / equity
1.09▲
2024 · 0.46
ROE
38.8%▲
2024 · 21.5%
ROA
18.6%▲
2024 · 14.7%
Interest coverage
236.78▲
2024 · 203.21
Debt
€119k▲
2024 · €52k
Debt ≤ 1 year
€119k▲
2024 · €52k
Income taxes
€10k
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€166k€229k▲
Fixed assets21/28€6k€2k▼
Tangible fixed assets22/27€6k€2k▼
Plant, machinery and equipment23€0€0=
Furniture and vehicles24€6k€2k▼
Current assets29/58€160k€226k▲
Amounts receivable within one year40/41€113k€62k▼
Trade receivables40€40k€227▼
Other amounts receivable41€73k€62k▼
Cash at bank and in hand54/58€47k€164k▲
Equity and liabilities
Total equity and liabilities10/49€166k€229k▲
Equity10/15€113k€110k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€93k€89k▼
Amounts payable17/49€52k€119k▲
Amounts payable within one year42/48€52k€119k▲
Trade debts44€52k€51k▼
Suppliers440/4€52k€51k▼
Taxes, remuneration and social security45-€21k
Taxes450/3-€21k
Other amounts payable47/48-€46k
Income statement
Code20242025
Remuneration, social security and pensions62€146-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€4k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€1k
Other operating charges640/8€4k€7k▲
Gross operating margin9900€35k€64k▲
Operating profit (loss)9901€25k€53k▲
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B€149€238▲
Recurring financial charges65€149€238▲
Profit (loss) for the period before taxes9903€24k€52k▲
Income taxes67/77-€10k
Profit (loss) for the period9904€24k€43k▲
Profit (loss) for the period to be appropriated9905€24k€43k▲
Appropriation of the result
Profit (loss) to be appropriated9906€93k€135k▲
Profit (loss) brought forward from the previous period14P€68k€93k▲
Profit to be distributed694/7-€46k
Return on contributions (dividend)694-€46k
The notes to these accounts (6 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
10-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 10 days late
2025
27-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 119 days late
2024
31-12
Financial
Back to profitnet €24k
Net result €24k after one loss-making year.
31-12
Financial
Equity above €100kEq €113k ▲27.4%
Equity rises from €89k to €113k.
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €-48k ▼371%
Net result drops to €-48k, the lowest in the series; recovery starts the following year.
09-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 101 days late
2022
08-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 39 days late
03-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 549 days late
2020
01-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 32 days late
31-01
Financial
Equity above €100kEq €104k ▲69.5%
2 profitable years in a row build equity to €104k.
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Antwerpen · 1 establishment unit since 2018
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.
Pesthofstraat 172060 AntwerpenGround area
8.5 ha
Building footprint
1.0 ha
Volume, LiDAR
126,652 m³
2 parcels, Flanders · tallest building 24.5 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Antwerp Container Company
since 20182.281.440.196
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11815C0237/00C000indicative | Flanders | 8.4 ha | 1 · 1.0 ha | 24.5 m · 4 fl. |
| 11805E0470/00R010 | Flanders | 140 m² | 1 · 85 m² | 12.2 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
1 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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HYDRAULIC & DIESEL SERVICE
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BART CLAES INSTALLATIES
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Of 887 companies in sector 33110 we hold annual accounts for 440. 339 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-11-2018
Fiscal year end31-12
Activities, NACEBEL
33110Repair and maintenance of fabricated metal products
25530Machining of metals
46319Wholesale of fruit and vegetables, excluding potatoes
46832Wholesale of timber
47210Retail sale of fruit and vegetables
47521Retail sale of hardware, building materials, paint and glass (general range)
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:info@starsim.be