Result
Back in profit in 2025, after a loss of €11,119 in 2024.
Back in profit in 2025, after a loss of €11,119 in 2024.
Green is investment, beige is depreciation.
Short-term debts rose from €35,261 to €123,862.
In July 2024, 39,326 companies had the same profile as Stellar has now. Each dot stands for 99 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 39,326 companies, not a prediction for Stellar. 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.
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.
| Company | ||||
|---|---|---|---|---|
| Stellar Brussels | €206,607 | €131,372 | 40.0% | - |
| BOUTIQUE 82 Brussels | €191,048 | €109,266 | 0.8% | - |
| MJO Agency Schaerbeek | €224,606 | €127,092 | 77.9% | - |
| JcdConsult Schaerbeek | €205,415 | €133,579 | 50.2% | - |
| Knowledge Value Consulting Brussels | €185,796 | €139,946 | 10.2% | 2.4 |
| INIGO ADVISORY Forest | €211,010 | €142,276 | 83.1% | - |
| STRATENGO Uccle | €205,252 | €124,896 | 71.3% | - |
These companies have the same main activity as Stellar: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €186,000 and €225,000, founded between 2022 and 2023.
Stellar files the abbreviated format. That format states no turnover. The gross margin rose from -€2,952 in 2023 to €131,372 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €210,000. Estimated: probably between €170,000 and €270,000.
Higher than 39% of 10,633 companies in 2025.
Higher than 52% of 10,285 companies in 2025.
Higher than 95% of 10,548 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
206,607 | 22,618 | 1,091 | |
21/28 |
17,489 | 11,567 | - | |
22/27 |
17,489 | 11,567 | - | |
23 |
9,156 | 11,567 | - | |
24 |
8,333 | - | - | |
29/58 |
189,118 | 11,050 | 1,091 | |
40/41 |
179,685 | 1,679 | 592 | |
40 |
179,685 | - | - | |
41 |
0 | 1,679 | 592 | |
54/58 |
4,728 | 3,099 | 499 | |
490/1 |
4,706 | 6,273 | - | |
| Balance sheet: equity and liabilities | ||||
10/49 |
206,607 | 22,618 | 1,091 | |
10/15 |
82,746 | -12,644 | -1,525 | |
10/11 |
2,000 | 2,000 | 2,000 | |
13 |
80,746 | - | - | |
133 |
80,746 | - | - | |
14 |
0 | -14,644 | -3,525 | |
17/49 |
123,862 | 35,261 | 2,616 | |
42/48 |
123,862 | 35,261 | 2,616 | |
44 |
31,740 | 1,425 | 116 | |
440/4 |
31,740 | 1,425 | 116 | |
45 |
59,231 | - | - | |
450/3 |
59,231 | - | - | |
47/48 |
32,890 | 33,837 | 2,500 | |
| Income statement | ||||
9900 |
131,372 | -3,956 | -2,952 | |
630 |
6,578 | 491 | - | |
640/8 |
2,193 | 6,568 | 534 | |
9901 |
122,601 | -11,015 | -3,486 | |
75/76B |
- | 0 | 30 | |
75 |
- | 0 | 30 | |
65/66B |
2,332 | 104 | 69 | |
65 |
2,332 | 104 | 69 | |
9903 |
120,269 | -11,119 | -3,525 | |
67/77 |
24,880 | - | - | |
9904 |
95,389 | -11,119 | -3,525 | |
9905 |
95,389 | -11,119 | -3,525 | |
| Appropriation of the result | ||||
9906 |
80,746 | -14,644 | -3,525 | |
14P |
-14,644 | -3,525 | - | |
691/2 |
80,746 | - | - | |
6921 |
80,746 | - | - | |
| 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 filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 10-06-2026.
| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 129,180 | -10,524 | - | ||
| 101,968 | -10,627 | - | ||
| 12,500 | 12,059 | - | ||
| 1,629 | 2,600 | - | ||
| 65,257 | -24,211 | -1,525 | ||
| 40.0% | -55.9% | - | ||
| 1.53 | 0.31 | - | ||
| 1.50 | - | - | ||
| 115.3% | - | - | ||
| 46.2% | -49.2% | - | ||
| 55.40 | -101.42 | - |
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.
| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | €12,500 | €12,059 | - |
| €6,578 | €491 | - |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a profit of €122,601, after a loss of €11,015 in 2024. It is the highest result since 2023.
Debt's share of the balance-sheet total is 60.0%.
Stellar has no parent and no holdings in its annual accounts. is the only director.
via , no longer at · Director · deed of 16-11-2023 founded in 2017 |
total assets €6,312 (2025) |
The connected companies are in the list below.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Helihavenlaan 44 registered office 1000 Brussels 70100 Activities of head offices | 15-03-2023 | 2.343.820.995 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21814P0437/00D004 | 2,717 m² | 1 · 1,880 m² | 30.9 m · 7 |
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