Equity
€115,910 ▲ 224%
Equity rose in 2025 from €35,805 to €115,910.
STARTEDGE
Overview
Lifetime
2 annual accounts with figures on one time axispeak €294,427 (2025)
€294,427▲ 381%
peak €80,105 (2025)
€80,105▲ 141%
peak €115,910 (2025)
€115,910▲ 224%
€128,849▲ 180%
Board1 name since 2023
1 directorDIRANE Azeddine
Documentsfilings and deeds
30-06-202631 days before the deadline
2025micro format
Gross margin from €61,197 to €294,427Result from €33,305 to €80,105Registered office moved from Jemeppe-sur-Sambre to Namur 28-02Equity from €35,805 to €115,910Debts from €46,076 to €128,849Investments €1,488
Key points
from the 2025 annual accountsDebts
€128,849 ▲ 180%
Debts rose by €82,773 in 2025.
Investments
€1,488 2.0 × depreciation
Green is investment, beige is depreciation.
Checked score
94
Excellent
Financially stronger than 72% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
01-2025: 0.7%
02-2025: 0.7%● unchanged vs 01-2025
03-2025: 2.5%▲ +1.8 percentage points vs 02-2025
04-2025: 2.5%● unchanged vs 03-2025
05-2025: 2.5%● unchanged vs 04-2025
06-2025: 2.6%▲ +0.1 percentage points vs 05-2025
07-2025: 2.7%▲ +0.1 percentage points vs 06-2025
08-2025: 2.8%▲ +0.1 percentage points vs 07-2025
09-2025: 2.7%▼ -0.1 percentage points vs 08-2025
10-2025: 2.7%● unchanged vs 09-2025
11-2025: 2.9%▲ +0.2 percentage points vs 10-2025highest value
12-2025: 1.4%▼ -1.5 percentage points vs 11-2025
01-2026: 1.4%● unchanged vs 12-2025
02-2026: 1.4%● unchanged vs 01-2026
03-2026: 1.4%● unchanged vs 02-2026
04-2026: 0.4%▼ -1.0 percentage point vs 03-2026
05-2026: 0.3%▼ -0.1 percentage points vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.1%▼ -0.2 percentage points vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026lowest value
09-2026: 0.1%● unchanged vs 08-2026lowest value
10-2026: 0.1%● unchanged vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
1 change of registered office in 24 months
lowers risk
Sector: Activities of head offices; management consultancy activities (NACE 70)
Liquidity: current ratio 1.89, cash €124,519
Size: total assets €244,758
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 70, micro). It does better than 44% of them on solvency, 65% on liquidity, 84% on profitability and 95% on growth.
The bankruptcy probability was computed on 08-11-2026 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 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).
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as STARTEDGE has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of STARTEDGE itself is lower: 0.1% within 12 months. It rests on far more data about STARTEDGE than the profile alone.
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 39,278 companies, not a prediction for STARTEDGE. 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 €10,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity is ample, with a current ratio of 1.89 (1.76 in 2024), above the usual 1.5. Short-term debt is 52.6% and cash 50.9% of total assets. However, 52.6% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
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.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Young company
Founded in 2023, 2 years ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation dateAge against the risk zone
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 30-06-2026, 31 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
31 days early
2024
106 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 38 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% 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.
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1003049977
Registered office moved from Jemeppe-sur-Sambre to Namur
New registered office: Avenue de la plante 47B, boîte 0006, 5000 Namur · Previous registered office: Rue du Rabot, Mornimont 1b, 5190 Jemeppe-sur-Sambre · Permanent representative: Julien GRAFE · General meeting of 29-01-2025 · Gazette deed
Registered office moved from Hélécine to Mornimont
New registered office: Rue du Rabot, 1b à 5190 Mornimont · Previous registered office: Rue Sainte-Anne, Neerh. 58 A, 1357 Hélécine · Board meeting of 16-02-2024 · Gazette deed
Incorporation
Founder: DIRANE Azeddine (comparant constituant) · 1,000 shares · Appointment: DIRANE Azeddine (director) · published on 08-12-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| STARTEDGE Namur | €244,758 | €294,427 | 47.4% | - |
| Cymovi Aartselaar | €261,370 | €296,321 | 85.1% | - |
| KaScra Boom | €252,244 | €275,687 | 67.9% | - |
| ASCENTWARE Evere | €235,109 | €268,851 | 70.1% | - |
| Walvis Bay Grimbergen | €275,001 | €294,876 | 76.1% | - |
| FIZZA Lievegem | €289,969 | €278,011 | 66.3% | - |
| ALPEN Ghent | €247,529 | €272,315 | 74.6% | - |
These companies have the same main activity as STARTEDGE: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €235,000 and €290,000, founded between 2023 and 2024.
Official details
Source: KBO- Status
- Active since 06-12-2023Normal situation
- Activity
- Business and other management consultancyNACE 70200and 1 other
- Establishment unit
- 2.355.244.8255000 Namur, since 06-12-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 08-12-2025
Annual accounts 2025
- €294,427▲ 381%
- ≈ €420,000estimated
- €80,105▲ 141%
- €115,910▲ 224%
- €244,758▲ 199%
- ≈ 2.4 FTEestimated
- Filing
- Filed on 30-06-2026, 31 days before the end of the filing period
Insights on STARTEDGE
STARTEDGE has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €115,910 and a net result of €80,105.
Its solvency ranks better than 43% of 39,360 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 30-06-2026, 31 days before the deadline€294,427
▲ 381%
€113,474
▲ 150%
€80,105
▲ 141%
€114,624
▲ 227%
47.4%
▲ 3.6 percentage points
1.89
▲ 0.13
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €420,000. Estimated: probably between €350,000 and €740,000.
Balance sheet
balance sheet total €244,758 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
47.4%
Higher than 43% of 39,360 companies in 2025.
1.89
Higher than 47% of 38,044 companies in 2025.
32.7%
Higher than 74% of 38,516 companies in 2025.
STARTEDGE
Middle half of the sector
80% of the sector
Micro accounts in head offices and management consultancy (NACE 70)
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
244,758 | 81,880 | |
21/28 |
1,438 | 709 | |
22/27 |
1,438 | 709 | |
24 |
1,438 | 709 | |
29/58 |
243,321 | 81,172 | |
40/41 |
108,960 | 30,946 | |
40 |
98,708 | 30,946 | |
41 |
10,251 | - | |
54/58 |
124,519 | 49,905 | |
490/1 |
9,842 | 321 | |
| Balance sheet: equity and liabilities | |||
10/49 |
244,758 | 81,880 | |
10/15 |
115,910 | 35,805 | |
10/11 |
2,500 | 2,500 | |
14 |
113,410 | 33,305 | |
17/49 |
128,849 | 46,076 | |
42/48 |
128,697 | 46,076 | |
44 |
31,814 | 1,535 | |
440/4 |
31,814 | 1,535 | |
45 |
96,883 | 26,038 | |
450/3 |
58,981 | 23,951 | |
454/9 |
37,902 | 2,087 | |
47/48 |
- | 18,503 | |
492/3 |
152 | - | |
| Income statement | |||
9900 |
294,427 | 61,197 | |
62 |
179,560 | 14,196 | |
630 |
759 | 165 | |
640/8 |
635 | 1,383 | |
9901 |
113,474 | 45,453 | |
75/76B |
2 | 3 | |
75 |
2 | 3 | |
65/66B |
2,474 | 48 | |
65 |
2,474 | 48 | |
9903 |
111,002 | 45,408 | |
67/77 |
30,897 | 12,103 | |
9904 |
80,105 | 33,305 | |
9905 |
80,105 | 33,305 | |
| Appropriation of the result | |||
9906 |
113,410 | 33,305 | |
14P |
33,305 | - | |
| Social balance sheet | |||
Hours worked1013 |
- | 0 | |
| Document | |||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 30-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 114,232 | 45,618 | ||
| 80,864 | 33,470 | ||
| 1,488 | 874 | ||
| 74,614 | - | ||
| 114,624 | 35,096 | ||
| 47.4% | 43.7% | ||
| 1.89 | 1.76 | ||
| 1.11 | 1.29 | ||
| 69.1% | 93.0% | ||
| 32.7% | 40.7% | ||
| 46.17 | over 100 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2024 |
|---|---|
| Employees at the balance-sheet date | 0 |
| full-time | 0 |
| part-time | 0 |
Source: social balance sheet in the 2024 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 |
|---|---|---|
| Tangible fixed assets | €1,488 | €874 |
| €759 | €165 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on STARTEDGE
The operating result for 2025 is 150% higher than in 2024.
Debt's share of the balance-sheet total falls from 56.3% to 52.6%. Equity and debt are higher.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
since 06-12-2023
term without a fixed end
listed in the 2025 annual accounts, filed on 30-06-2026
Mandates through the years
1 name, the dashed line is todayDIRANE Azeddine
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- DIRANE Azeddine
- Director (not named in the articles), from 06-12-2023 to date
Control
Capital
- Contribution
- €2,500
- Shares
- 1,000
- Contribution per share
- €2.50
- Equity per share
- €116 in 2025
- Source
- 2025 annual accounts
Articles of association
deed of 08-12-2023 (in French)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Tenus de solliciter agrément selon mêmes formalités s'ils ne deviennent pas de plein droit actionnaires, libre de céder tout ou partie…”
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one.
- No statutory auditor
Founder
At incorporation
deed of 08-12-2023 ↗
- DIRANE Azeddine sole founder · 100% at incorporation
Capital transactions
Capital over time
- 08-12-2023 Incorporation · 1,000 shares
- 08-12-2023 Converted to unavailable equity
Network & group
No group
STARTEDGE has no parent and no holdings in its annual accounts. DIRANE Azeddine is the only director. STARTEDGE shares no director with another company.
At the same address
Avenue de la Plante 47B, 5000 Namur · 1 other company| CABINET D'ANESTHESIE MIEKE VANHOONACKER
establishment since 19-12-2011 · founded in 2011 |
total assets €458,362 (2025) 0842.281.583 |
Timeline
Timeline
8 events since 2023Filings
Financial
Establishments
Address
2023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 31 days before the deadline
2025
Equity above €100,000 equity €115,910 ▲224% With a profit in every financial year since 2024, equity grows to €115,910.
Registered in the Peppol Directory Reachable for e-invoices through 0208:1003049977
Annual accounts 2024 filed PDFmicro format · 106 days late
Registered office moved from Jemeppe-sur-Sambre to NamurNew registered office: Avenue de la plante 47B, boîte 0006, 5000 Namur · Previous registered office: Rue du Rabot, Mornimont 1b, 5190 Jemeppe-sur-Sambre · Permanent representative: Julien GRAFE · General meeting of 29-01-20253 points ▸
- General meeting, 29-01-2025
- Registered-office move, Avenue de la plante 47B, boîte 0006, 5000 Namur
- Permanent representative, Julien GRAFE
2024
Registered office moved from Hélécine to MornimontNew registered office: Rue du Rabot, 1b à 5190 Mornimont · Previous registered office: Rue Sainte-Anne, Neerh. 58 A, 1357 Hélécine · Board meeting of 16-02-20242 points ▸
- Board meeting, 16-02-2024
- Registered-office move, Rue du Rabot, 1b à 5190 Mornimont
2023
IncorporationFounder: DIRANE Azeddine (comparant constituant) · 1,000 shares · Appointment: DIRANE Azeddine (director) · published on 08-12-20235 points ▸
- Founder, DIRANE Azeddine (comparant constituant)
- 1,000 shares
- Registered office clause, Rue Sainte-Anne 58A, 1357 Hélecine
- Board rule, 1
- Director appointment, DIRANE Azeddine (director (not named in the articles))
- The deed holds 3 more points.
First establishment Avenue de la Plante 47b, Namur
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 1003.049.977
- VAT number
- BE 1003.049.977
- Peppol ID
- 0208:1003049977
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 06-12-2023
- Financial year
- ends on 31 December
- Peppol
- Reachable since 08-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- STARTEDGE in French
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 08-12-2023 (in French)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Région Wallonne”deed of 08-12-2023 (in French)
Activities
NACEBEL 2025VAT activities
70200
Business and other management consultancy main activity
Social security (RSZ) activities
63920
Other information service activities main activity
Codes under NACEBEL 2008
VAT activities
70220
Business consulting main activity
Social security (RSZ) activities
63990
Computing infrastructure, data processing, hosting and other information service activities main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Toute activité de consultance et gestion de projet au sens le plus large; La société a aussi pour objet,en Belgique ou à l’étranger,la…”deed of 08-12-2023 (in French)
17 activities
- Toute activité de consultance et gestion de projet au sens le plus large.
- La société a aussi pour objet,en Belgique ou à l’étranger,la constitution et la valorisation d’un patrimoine immobilier.
- Dans ce cadre,elle peut accomplir toutes opérations mobilières,immobilières ou financières se rattachant directement ou indirectement à son objet social,comprenant aussi la location de ses biens immobiliers et la possibilité de mettre un ou des bien(s) immobilier(s) à disposition d’un gérant de la société.
- Elle peut accomplir toutes opérations commerciales,industrielles,financières,mobilières ou immobilières se rapportant directement ou indirectement à son objet.
- Elle peut notamment se porter caution et donner toute sûreté personnelle ou réelle en faveur de toute personne privée ou société,liée ou non.
- Elle peut s'intéresser par toutes voies dans toutes sociétés,associations ou entreprises ayant en tout ou en partie un objet similaire ou connexe au sien ou susceptible de favoriser le développement de son entreprise ou de constituer pour elle une source de débouchés.
- Elle peut,par n'importe quel moyen,prendre des intérêts dans,coopérer ou fusionner avec toutes associations,affaires,entreprises ou sociétés qui ont un objet social identique,similaire ou connexe,ou qui sont susceptibles de favoriser son entreprise.
- Elle peut accepter et exercer tout mandat d’administrateur ou de liquidateur ou tout mandat similaire dans d’autres sociétés,que ce mandat soit rémunéré ou non.
- La société peut consentir toute forme de sûretés en garantie d’engagements de sociétés liées,sociétés associées,sociétés avec lesquelles il existe un lien de participation et de tiers en général.
- Le développement,le conseil,la coordination et la supervision de projets.
- Le développement,le conseil,la coordination et la supervision du traitement des données,des programmes ainsi que du choix des matériels et logiciels de la société.
- L’organisation,l’élaboration et l’animation de conférences,de séminaires,de formations générales professionnelles et techniques ;
- Toute opération concernant l’information,la diffusion par toute voie existante de publicité et de documentation et le service aux personnes physiques et morales ;
- Prendre,détenir,gérer des participations minoritaires ou majoritaires dans des entreprises de toute nature,quelle que soit leur forme juridique ; à cet effet,acquérir par voie de souscription,achat,apport ou échange tous titres et valeurs mobilières et les vendre ou les réaliser sous quelque forme que ce soit ;
- Fournir,en disposant le cas échéant des agréments requis par les lois et réglementations applicables,des prestations,rémunérées ou non,de services de conseil,de suivi,d'accompagnement ou d’encadrement en relation avec l'acquisition,la détention,la gestion ou la cession d'investissements quelconques ;
- Constituer et gérer un portefeuille de titres et valeurs mobilières,et de créances négociables ; plus généralement,effectuer toutes opérations d’investissement ou de placement de ses liquidités en biens meubles ou immeubles de quelque sorte et sous quelque forme que ce soit ;
- Acquérir,gérer,céder ou concéder tous droits de propriété intellectuelle (droits d’auteur,droits voisins,brevets,marques,dessins ou modèles etc.),ainsi que la prestation de services de conseil ou d’encadrement en rapport avec la détention ou la gestion de ces droits et plus généralement,effectuer pour elle-même et pour le compte de tiers ou en participation,toutes études,toutes opérations financières,commerciales,industrielles ou agricoles,mobilières ou immobilières pouvant se rattacher directement ou indirectement aux activités ci-dessus ou susceptibles d'en faciliter l'exercice,ou bien encore de faciliter le fonctionnement et le développement des Sociétés dans lesquelles elle possède des intérêts.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Avenue de la Plante 47b registered office 5000 Namur | 06-12-2023 | 2.355.244.825 |
2 former offices
- Rue du Rabot,Mornimont 1b, 5190 Jemeppe-sur-Sambre until 01-01-2025 · deed of 28-02-2025
- Rue Sainte-Anne, Neerh. 58, 1357 Hélécine until the deed of 05-03-2024
Buildings and parcels at the address
- Ground area
- 1,819 m²
- Buildings
- 287 m²
- Volume, LiDAR
- 5,742 m³
- Tallest building
- 24.4 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 92302E0060/00F003 | 1,819 m² | 1 · 287 m² | 24.4 m · 7 |