venstar
Activevenstar has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €167k and a net result of €90k. Equity is growing by ~46.2% per year across the filed fiscal years. Its solvency ranks better than 18% of 37 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▲+6
Solvency39▲+7
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity tight (current ratio 1.45 against 1.46 in 2024; short-term debt: 50% and cash: 1.3% of total assets), and 86.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 30
Relative position
BE, all sectors
reference
Sector 30
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
13.9%
Return on assets
7.5%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 37 sector peers (2025).
NBB · sector comparisonPosition among 37 sector peers
Solvency
better than 18%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 23-09-2025, 130 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
130 d early
2024
18 d late
2023
50 d early
2022
on the day
2021
24 d late
2020
28 d late
2019
40 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close21-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€167k▲ 117%
2024 · €77k
2019: €20k
2020: €25k
2021: €5k
2022: €7k
2023: €53k
2024: €77k
2019 → 2025
Total assets
€1.20M▲ 13.5%
2024 · €1.06M
2019: €388k
2020: €423k
2021: €551k
2022: €874k
2023: €1.03M
2024: €1.06M
2019 → 2025
Net result
€90k▲ 270%
2024 · €24k
2019: €75k
2020: €5k
2021: €-20k
2022: €3k
2023: €45k
2024: €24k
2019 → 2025
Working capital
€271k▲ 24.1%
2024 · €219k
2019: €-94k
2020: €-67k
2021: €-104k
2022: €-157k
2023: €238k
2024: €219k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€5k-€7k▲ 54.4%€53k▲ 629%€77k▲ 46.2%€167k▲ 117%
Operating result€-16k-€31k€66k▲ 111%€56k▼ 15.4%€146k▲ 162%
Net result€-20k-€3k€45k▲ 1,684%€24k▼ 46.4%€90k▲ 270%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 162% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.20M
Fixed assets
€331k▼ 8.9%
Current assets
€873k▲ 25.2%
Equity and liabilities €1.20M
Equity
€167k▲ 117%
Debt
€1.04M▲ 5.4%
The debt ratio falls from 92.7% to 86.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€243k▲
2024 · €129k
Cash flow
€187k▲
2024 · €98k
Solvency
13.9%▲
2024 · 7.3%
Current ratio
1.45▼
2024 · 1.46
Quick ratio
0.88▲
2024 · 0.81
Debt / equity
6.21▼
2024 · 12.78
ROE
53.9%▲
2024 · 31.6%
ROA
7.5%▲
2024 · 2.3%
Interest coverage
12.77▲
2024 · 8.35
Debt
€1.04M▲
2024 · €984k
Debt ≤ 1 year
€602k▲
2024 · €479k
Debt > 1 year
€431k▼
2024 · €501k
Income taxes
€37k▲
2024 · €17k
Staff costs
€70k▲
2024 · €52k
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€1.06M€1.20M▲
Fixed assets21/28€364k€331k▼
Intangible fixed assets21€362k€319k▼
Tangible fixed assets22/27€2k€12k▲
Land and buildings22€0-
Plant, machinery and equipment23-€1k
Furniture and vehicles24€2k€11k▲
Current assets29/58€698k€873k▲
Stocks and contracts in progress3€308k€341k▲
Stocks30/36€308k€341k▲
Amounts receivable within one year40/41€382k€517k▲
Trade receivables40€244k€379k▲
Other amounts receivable41€138k€137k▼
Cash at bank and in hand54/58€8k€16k▲
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€1.06M€1.20M▲
Equity10/15€77k€167k▲
Contributions10/11€45k€45k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€30k€120k▲
Amounts payable17/49€984k€1.04M▲
Amounts payable after more than one year17€501k€431k▼
Financial debts170/4€501k€431k▼
Amounts payable within one year42/48€479k€602k▲
Current portion of amounts payable after more than one year42€71k€73k▲
Financial debts43€92k€102k▲
Credit institutions430/8€92k€2k▼
Other loans439-€100k
Trade debts44€266k€335k▲
Suppliers440/4€266k€335k▲
Taxes, remuneration and social security45€51k€92k▲
Taxes450/3€51k€91k▲
Remuneration and social security454/9-€1k
Accrued charges and deferred income492/3€4k€4k▲
Income statement
Code20242025
Non-recurring operating income76A€74k€0▼
Remuneration, social security and pensions62€52k€70k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€74k€97k▲
Other operating charges640/8€2k€2k▲
Non-recurring operating charges66A€64k€0▼
Gross operating margin9900€248k€315k▲
Operating profit (loss)9901€56k€146k▲
Financial income75/76B€781€353▼
Recurring financial income75€781€353▼
Financial charges65/66B€16k€19k▲
Recurring financial charges65€16k€19k▲
Profit (loss) for the period before taxes9903€41k€127k▲
Income taxes67/77€17k€37k▲
Profit (loss) for the period9904€24k€90k▲
Profit (loss) for the period to be appropriated9905€24k€90k▲
Appropriation of the result
Profit (loss) to be appropriated9906€30k€120k▲
Profit (loss) brought forward from the previous period14P€6k€30k▲
Social balance
Average headcount (FTE)90871.11.2▲
The notes to these accounts (19 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
2025
23-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
30-06
Financial
Highest result since 2019net €90k ▲270%
Operating result €146k, net result €90k, both a record.
30-06
Financial
Equity above €150kEq €167k ▲117%
4 profitable years in a row build equity to €167k.
18-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 18 days late
2023
12-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
24-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
2021
30-06
Financial
Weakest financial yearnet €-20k ▼510%
Net result drops to €-20k, the lowest in the series; recovery starts the following year.
28-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 28 days late
2020
11-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 40 days late
2019
27-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
27-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2016
04-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Willebroek · 1 establishment unit since 2003
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.
Schoondonkweg 182830 WillebroekGround area
6,767 m²
Building footprint
3,527 m²
Parcel 12036B0282/00E000, Flanders. Linked by address, not a title deed.
1 establishment unit
Lubri Service
since 20032.115.477.552
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12036B0282/00E000 | Flanders | 6,767 m² | 1 · 3,527 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 110 companies in sector 30310 we hold annual accounts for 68. 32 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded09-01-2003
Fiscal year end30-06
Activities, NACEBEL
30300Manufacture of other transport equipment
30310Manufacture of other transport equipment
46643Wholesale of electrical equipment, including installation materials
61100Wired, wireless and satellite telecommunications
33150Repair, maintenance and installation of machinery and equipment
35110Production of electricity from non-renewable sources
35120
46431Wholesale of electrical household appliances and audio-video equipment
47540Retail sale of electrical household appliances
50200Water transport
74909Other professional, scientific and technical activities
74999Other professional, scientific and technical activities
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.