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START PEOPLE ABROAD

Active
Public limited companyfounded 1966active for 60 yearsFrankrijklei 101, 2000 Antwerpen, Belgium23 active companies are registered at this addressKBO/BCE: BE 0402.725.588
Summary

START PEOPLE ABROAD has been active since 1966 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €282,127 and a net result of €29,986. Equity is shrinking by about 18% per year across the filed financial years. Its solvency ranks better than 85% of 312 sector peers (NACE 78, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysisFollow ReportCompare
START PEOPLE ABROADActiveChecked score 90/100
Risk analysis ReportCompare

Overview

Activity
Temporary employment agencies and other provision of personnel
NACE 78200
2nd oldest company in the province of Antwerp, Employment activities sector1 site
Size
€383,811total assets 2025
Equity
€282,127
Profit
€29,986
Financial health
90 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
Parent
UNIQUE · 100%
  • Q-FinanceDirector · permanent representative Erik De Cock
Auditor: EY Bedrijfsrevisoren2025 accounts 45 days early1 of 36 deeds summarised
Why 90raises riskLiquidity: current ratio 11.04lowers riskFounded in 1966Size: total assets €383,811Legal form: public limited companyShow the evidence

Checked score

Score 2025
90 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 66% of its sector peers (NACE 78, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 99+10
equity 73.5% of total assets
Liquidity 100+18
short-term debt 9.1%
Profitability 57+57
return on assets 7.8%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (1,374 companies, NACE 78, micro)
Last 24 months 11-2024: 0.5% 12-2024: 0.5%● unchanged vs 11-2024 01-2025: 0.5%● unchanged vs 12-2024 02-2025: 0.5%● unchanged vs 01-2025 03-2025: 0.5%● unchanged vs 02-2025 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 1.7%▲ +1.2 percentage points vs 06-2025 08-2025: 1.7%● unchanged vs 07-2025 09-2025: 1.7%● unchanged vs 08-2025 10-2025: 1.7%● unchanged vs 09-2025 11-2025: 1.7%● unchanged vs 10-2025 12-2025: 1.7%● unchanged vs 11-2025 01-2026: 1.7%● unchanged vs 12-2025 02-2026: 1.7%● unchanged vs 01-2026 03-2026: 1.8%▲ +0.1 percentage points vs 02-2026 04-2026: 1.8%● unchanged vs 03-2026highest value 05-2026: 1.8%● unchanged vs 04-2026highest value 06-2026: 1.8%● unchanged vs 05-2026 07-2026: 0.2%▼ -1.6 percentage points vs 06-2026lowest value 08-2026: 0.2%● unchanged vs 07-2026lowest value 09-2026: 0.2%● unchanged vs 08-2026lowest value 10-2026: 0.2%● unchanged vs 09-2026lowest value
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity ample (current ratio 11.04, compared with 4.03 in 2024, above the usual 1.5; short-term debt: 9.1% of total assets), and 26.5% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 78, micro): better than 74% on solvency, 97% on liquidity, 34% on profitability and 58% on growth.

The bankruptcy probability was computed on 24-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 11.04
NBB · annual accounts
lowers risk · Founded in 1966
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Size: total assets €383,811
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Legal form: public limited company
KBO
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 16-06-2026, 45 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
45 days early
2024
44 days early
2023
61 days early
2022
46 days early
2021
41 days early
2020
36 days early
2019
46 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 46 days before the deadline; the sector median (NACE 78) for financial year 2024 is 14 days before the deadline, and 30% 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 16 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Back to profitnet €29,986
  3. Liquidity more than doubledcurrent ratio 11.04

Key points

  • Positive: Back in profit in 2025after -€64,406 in 2024 €29,986 View
  • Positive: 2nd oldest company in the province of Antwerp, Employment activities sectorin the Checked rankings No. 2 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Controlled by UNIQUEultimately: RECRUIT HOLDINGS CO., LTD 100% View
  • Active since 1966founded 02-04-1966 60 years View
  • Flemish supportawarded from 2022 to 2025 €115,776 View

By topic

Financials

Financial year
2025
Total assets
€383,811
Profit
€29,986
Solvency
73.5%
Turnover▼ 72.4%
Net result
20182024
Go to Financials

Board & ownership

Board
1 member
Parent
UNIQUE · 100%
Auditor
EY Bedrijfsrevisoren
  • Q-FinanceDirector
Go to Board & ownership

Timeline

Events
57
Since
1978
Next accounts
by 31-07-2027
  1. 17-06-2025Annual accounts filed
  2. 31-12-2024Weakest financial year
  3. 31-12-2024Liquidity more than doubled
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Temporary employment agencies and other provision of personnelNACE 78200
Founded
02-04-1966
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about START PEOPLE ABROAD

What is the company number of START PEOPLE ABROAD?
0402.725.588. In Belgium the VAT number is the company number with BE in front: BE 0402.725.588.
Where is START PEOPLE ABROAD based?
The registered office is at Frankrijklei 101, 2000 Antwerpen.Company details
What does START PEOPLE ABROAD do?
According to the KBO register, the main activity is temporary employment agencies and other provision of personnel (NACE 78200).
What is the legal form of START PEOPLE ABROAD?
Public limited company (NV).
When was START PEOPLE ABROAD founded?
On 02-04-1966.
Is START PEOPLE ABROAD still active?
Yes, START PEOPLE ABROAD is an active enterprise in the KBO register.
How many employees does START PEOPLE ABROAD have?
On average 9.9 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of START PEOPLE ABROAD?
€462,782 in financial year 2024, according to the filed annual accounts.
Is START PEOPLE ABROAD profitable?
In financial year 2025, START PEOPLE ABROAD made a profit of €29,986.
Where can I find the annual accounts of START PEOPLE ABROAD?
START PEOPLE ABROAD filed 50 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of START PEOPLE ABROAD due?
By 31-07-2027, for financial year 2026.Timeline

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