STARTING-BLOCK
ActiveSummary
STARTING-BLOCK has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €150,844 and a net result of €2,145. The computed 12-month bankruptcy probability is 0.1% (very low).
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Signals
This company filed its last 2 accounts on average 11 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, micro schema
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Peer companies
Historical observationOf the 16,986 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 16,986 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Goods, raw materials, services and sundry goods60/61 | €46,234 | €41,709 | ▼ 9.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €59,250 | €62,944 | ▲ 6.2% |
| Other operating charges640/8 | €738 | €744 | ▲ 0.8% |
| Gross operating margin9900 | €73,680 | €73,621 | ▼ 0.1% |
| Operating profit (loss)9901 | €13,692 | €9,934 | ▼ 27.4% |
| Financial income75/76B | €33 | €28 | ▼ 17.0% |
| Recurring financial income75 | €33 | €28 | ▼ 17.0% |
| Financial charges65/66B | €9,307 | €7,817 | ▼ 16.0% |
| Recurring financial charges65 | €9,307 | €7,817 | ▼ 16.0% |
| Non-recurring financial charges66B | €9,307 | €7,817 | ▼ 16.0% |
| Profit (loss) for the period before taxes9903 | €4,419 | €2,145 | ▼ 51.5% |
| Profit (loss) for the period9904 | €4,419 | €2,145 | ▼ 51.5% |
| Profit (loss) for the period to be appropriated9905 | €4,419 | €2,145 | ▼ 51.5% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €385,754 | €333,318 | ▼ 13.6% |
| Fixed assets21/28 | €331,795 | €298,840 | ▼ 9.9% |
| Tangible fixed assets22/27 | €322,549 | €287,765 | ▼ 10.8% |
| Land and buildings22 | €107,586 | €97,174 | ▼ 9.7% |
| Plant, machinery and equipment23 | €214,914 | €188,119 | ▼ 12.5% |
| Furniture and vehicles24 | €50 | €2,472 | ▲ 4,844% |
| Financial fixed assets28 | €9,246 | €11,075 | ▲ 19.8% |
| Current assets29/58 | €53,958 | €34,478 | ▼ 36.1% |
| Amounts receivable within one year40/41 | €29,855 | €4,357 | ▼ 85.4% |
| Trade receivables40 | €9,645 | €4,175 | ▼ 56.7% |
| Other amounts receivable41 | €20,210 | €182 | ▼ 99.1% |
| Cash at bank and in hand54/58 | €22,169 | €28,989 | ▲ 30.8% |
| Deferred charges and accrued income490/1 | €1,934 | €1,132 | ▼ 41.5% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €385,754 | €333,318 | ▼ 13.6% |
| Equity10/15 | €160,477 | €150,844 | ▼ 6.0% |
| Contributions10/11 | €496 | €496 | = |
| Capital10 | €496 | €496 | = |
| Reserves13 | €11,000 | €11,000 | = |
| Profit (loss) carried forward14 | €113,099 | €115,244 | ▲ 1.9% |
| Investment grants15 | €35,883 | €24,105 | ▼ 32.8% |
| Amounts payable17/49 | €225,276 | €182,474 | ▼ 19.0% |
| Amounts payable after more than one year17 | €155,417 | €116,036 | ▼ 25.3% |
| Financial debts170/4 | €153,976 | €114,595 | ▼ 25.6% |
| Other amounts payable178/9 | €1,441 | €1,441 | = |
| Amounts payable within one year42/48 | €68,115 | €65,826 | ▼ 3.4% |
| Current portion of amounts payable after more than one year42 | €40,620 | €42,580 | ▲ 4.8% |
| Financial debts43 | €1,155 | - | - |
| Credit institutions430/8 | €1,155 | - | - |
| Trade debts44 | €12,857 | €6,165 | ▼ 52.1% |
| Suppliers440/4 | €12,857 | €6,165 | ▼ 52.1% |
| Accrued charges and deferred income492/3 | €1,744 | €612 | ▼ 64.9% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €4,419 | €2,145 | ▼ 51.5% |
| + Depreciation and write-downs630 | €59,250 | €62,944 | ▲ 6.2% |
| Operating cash flow (approximation) | €63,669 | €65,088 | ▲ 2.2% |
| Investment in fixed assets (approximation) | - | -€29,989 | - |
| Change in cash | - | €6,820 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21013B0112/00P011 | Brussels | 692 m² | 1 · 696 m² | 22.8 m · 6 fl. |
Linked by address, not proof of ownership
Identification & contact
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.