GOLDSTAR
GOLDSTAR has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €76k and a net result of €14k. Equity is growing by ~16.3% per year across the filed fiscal years. Its solvency ranks better than 72% of 17366 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
| Equity | €76k |
| Net result | €14k |
| Better than sector | 72% |
| Active | 26 yrs |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 60.8% | 34.6% | |
| Net result | €14k | €5k | |
| Equity | €76k | €44k | |
| Gross operating margin | €95k | €34k | |
| Staff costs | €47k | €40k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | €765k | €876k | €825k | €894k | €697k |
| EBITDA | €40k | €28k | €34k | €9k | €11k |
| Net profit | €14k | €5k | €10k | €5k | €5k |
| Cash flow | €35k | €25k | €29k | €5k | €9k |
| Staff costs | €47k | - | - | - | - |
| Income taxes | €4k | - | €2k | €2k | €1k |
| Dividends | - | - | - | - | - |
| Total assets | €125k | €134k | €163k | €85k | €57k |
| Equity | €76k | €61k | €56k | €46k | €41k |
| Debt | €49k | €73k | €107k | €39k | €16k |
| of which ≤ 1y | €49k | €73k | €107k | €37k | €14k |
| of which > 1y | - | - | - | €2k | €2k |
| Working capital | €29k | €-5k | €-31k | €31k | €29k |
| Employees (FTE) | - | - | - | - | - |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 1.60 | 0.93 | 0.71 | 1.84 | 3.02 |
| Quick ratio | 0.38 | 0.25 | 0.16 | 1.54 | 0.43 |
| Working capital ratio | 23.6% | -3.9% | -18.8% | 37.0% | 50.8% |
| Solvency | 60.8% | 45.6% | 34.5% | 53.9% | 71.5% |
| Debt / equity | 0.64 | 1.19 | 1.90 | 0.85 | 0.40 |
| Long-term debt ratio | - | - | - | 0.04 | 0.05 |
| Interest coverage | 27.90 | 9.70 | 13.26 | 4.25 | 10.78 |
| Gross margin | 12.4% | 3.7% | 5.1% | 2.3% | 2.0% |
| Net margin | 1.9% | 0.6% | 1.3% | 0.5% | 0.7% |
| ROA | 11.6% | 3.8% | 6.4% | 5.7% | 8.8% |
| ROE | 19.1% | 8.3% | 18.6% | 10.5% | 12.3% |
| EBITDA margin | 5.2% | 3.2% | 4.1% | 1.0% | 1.6% |
| Days sales outstanding | 0d | 1d | 5d | 1d | 2d |
| Days payable outstanding | 16d | 19d | 25d | 10d | 4d |
| Inventory turnover | 11.22 | 17.04 | 13.20 | 76.70 | 18.31 |
| Days inventory (DSI) | 33d | 21d | 28d | 5d | 20d |
Full annual accounts (26 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €125k | €134k | €163k | €85k | €57k |
| Fixed assets | 21/28 | €46k | €67k | €87k | €16k | €14k |
| Tangible fixed assets | 22/27 | €44k | €64k | €84k | €14k | €11k |
| Financial fixed assets | 28 | €3k | €3k | €3k | €3k | €3k |
| Current assets | 29/58 | €78k | €68k | €76k | €69k | €44k |
| Stocks & contracts in progress | 3 | €60k | €49k | €59k | €11k | €37k |
| Amounts receivable within one year | 40/41 | €73 | €3k | €12k | €9k | €4k |
| Cash & bank | 54/58 | €18k | €15k | €5k | €49k | €2k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €125k | €134k | €163k | €85k | €57k |
| Equity | 10/15 | €76k | €61k | €56k | €46k | €41k |
| Contributions / capital | 10/11 | €14k | €14k | €14k | €14k | €14k |
| Reserves | 13 | €25k | €25k | €25k | €24k | €24k |
| Accumulated profits (losses) | 14 | €37k | €23k | €18k | €8k | €4k |
| Amounts payable | 17/49 | €49k | €73k | €107k | €39k | €16k |
| Amounts payable after one year | 17 | - | - | - | €2k | €2k |
| Amounts payable within one year | 42/48 | €49k | €73k | €107k | €37k | €14k |
| Trade debts payable within one year | 44 | €30k | €44k | €54k | €24k | €7k |
| Income statement | ||||||
| Turnover | 70 | €765k | €876k | €825k | €894k | €697k |
| Gross operating margin | 9900 | €95k | €35k | €42k | €20k | €14k |
| Operating result | 9901 | €19k | €8k | €15k | €9k | €7k |
| Financial income | 75 | - | - | - | €14 | - |
| Financial charges | 65 | €1k | €3k | €3k | €2k | €1k |
| Result before taxes | 9903 | €18k | €5k | €13k | €6k | €6k |
| Income taxes | 67/77 | €4k | - | €2k | €2k | €1k |
| Net result for the period | 9904 | €14k | €5k | €10k | €5k | €5k |
| Result to be appropriated | 9905 | €14k | €5k | €10k | €5k | €5k |
-
PARMJIT SinghDirectorState Gazette act 24375639 (13-03-2024)Current13-03-2024 → present
| NACE primary | Non-specialised retail sale with food, beverages or tobacco predominating(47110) |
| Legal form | Private limited company(610) |
| Incorporation | 05-07-2000 |
| Status | Active |
| Postal code | 9300 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23413H0101/00X000 | Flanders | 87 m² | 1 · 87 m² | - |
| 41002B0420/00T003 | Flanders | 87 m² | 1 · 87 m² | 11.1 m · 2 fl. |
| 21523B0939/00P107 | Brussels | 76 m² | 1 · 71 m² | 14.9 m · 4 fl. |
We know of 16 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
13-03-2024 PARMJIT Singh appointed as director
- PARMJIT Singh, Bestuurder
Technical details
{
"events": [
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "PARMJIT Singh",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": null,
"via_org": null,
"statutory": "niet_statutair",
"compensated": true,
"effective_date": null,
"evidence_quote": "De algemene vergadering beslist de functie van de huidige zaakvoerder, hieronder vermeld, te be\u00EBindigen en gaat onmiddellijk over tot de hernieuwing van zijn benoeming als niet-statutair bestuurder voor onbepaalde duur: de heer PARMJIT Singh, voornoemd, hier aanwezig en aanvaardend.",
"decharge_status": null,
"mandate_duration": {
"kind": "indefinite",
"value": null
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": "immediate"
},
{
"kind": "decharge_granted",
"role": "zaakvoerder",
"person": null,
"reason": null,
"subkind": null,
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "De algemene vergadering verleent de ontslagnemende zaakvoerder volledige kwijting voor de uitoefening van zijn mandaat.",
"decharge_status": "granted",
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "board_snapshot",
"role": "bestuurder",
"person": null,
"reason": null,
"subkind": null,
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "board_snapshot",
"role": "commissaris",
"person": null,
"reason": null,
"subkind": null,
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
}
],
"notary": {
"name": "Tanguy le MAIRE",
"firm_city": null,
"firm_name": null,
"office_city": "Brussel",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-03-13",
"filing_date": "2024-03-11",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2024-03-07",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0472.292.208",
"name_full": "GOLDSTAR",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Tanguy le Maire",
"org_rep_person_name": null,
"person_role_at_subject": "Notaris"
},
"co_filed_documents": [],
"corrected_publication_numac": null
}02-06-2023 Transaction in capital or shares
Technical details
{
"events": [
{
"kind": "share_transfer",
"after_eur": null,
"delta_eur": null,
"before_eur": null,
"subscribers": [
{
"kbo": null,
"rrn": null,
"kind": "person",
"name": "Mijnheer RAFIQ Ali",
"share_class": "sociale",
"liberation_pct": null,
"contribution_kind": null,
"n_shares_subscribed": 5,
"contribution_amount_eur": null
}
],
"decrease_purpose": null,
"contribution_type": null,
"paid_up_delta_eur": null,
"n_shares_destroyed": null,
"not_yet_called_eur": null,
"merger_new_shares_n": null,
"merger_exchange_ratio": null,
"distribution_amount_eur": null,
"statutory_unavailable_equity_op": null
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2023-06-02",
"filing_date": "2023-05-22",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"act_date": "2023-05-17",
"unanimous": null,
"under_authorized_capital": false,
"underlying_resolution_date": "2023-05-17"
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0472.292.208",
"name_full": "GOLDSTAR",
"legal_form": "B.V.",
"_kbo_filled_from_list": true,
"is_foreign_registered": false
},
"publication_proxy": {
"kind": "none",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [
"expedition",
"plan financier",
"bankattest",
"verslag bedrijfsrevisor"
],
"shareholders_after": [
{
"kbo": null,
"pct": null,
"kind": "person",
"name": "Mijnheer PARMJIT Singh",
"role": "aandeelhouder",
"n_shares": 325,
"share_class": "sociale"
},
{
"kbo": null,
"pct": null,
"kind": "person",
"name": "Mijnheer DEOL Singh",
"role": "aandeelhouder",
"n_shares": 75,
"share_class": "sociale"
},
{
"kbo": null,
"pct": null,
"kind": "person",
"name": "Mevrouw GURBREET Kaur",
"role": "aandeelhouder",
"n_shares": 345,
"share_class": "sociale"
},
{
"kbo": null,
"pct": null,
"kind": "person",
"name": "Mijnheer RAFIQ Ali",
"role": "aandeelhouder",
"n_shares": 5,
"share_class": "sociale"
}
],
"share_classes_after": [
{
"n_shares": 750,
"class_name": "sociale",
"capital_share_eur": null,
"voting_rights_per_share": null
}
]
}08-11-2021 Transaction in capital or shares
Technical details
{
"events": [
{
"kind": "share_transfer",
"after_eur": null,
"delta_eur": null,
"before_eur": null,
"subscribers": [
{
"kbo": null,
"rrn": null,
"kind": "person",
"name": "Mijnheer PARMJIT SINGH",
"share_class": "sociale aandelen",
"liberation_pct": null,
"contribution_kind": null,
"n_shares_subscribed": 5,
"contribution_amount_eur": null
}
],
"decrease_purpose": null,
"contribution_type": null,
"paid_up_delta_eur": null,
"n_shares_destroyed": null,
"not_yet_called_eur": null,
"merger_new_shares_n": null,
"merger_exchange_ratio": null,
"distribution_amount_eur": null,
"statutory_unavailable_equity_op": null
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Luik",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2021-11-08",
"filing_date": "2021-10-27",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"act_date": "2021-09-02",
"unanimous": null,
"under_authorized_capital": false,
"underlying_resolution_date": null
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0472.292.208",
"name_full": "GOLD STAR",
"legal_form": "Besloten vennootschap",
"is_foreign_registered": false
},
"publication_proxy": {
"kind": "none",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [],
"shareholders_after": [
{
"kbo": null,
"pct": null,
"kind": "person",
"name": "Mevrouw SZABO Lidia",
"role": "simple_associ\u00E9",
"n_shares": 0,
"share_class": null
},
{
"kbo": null,
"pct": null,
"kind": "person",
"name": "Mijnheer PARMJIT SINGH",
"role": "aandeelhouder",
"n_shares": 5,
"share_class": "sociale aandelen"
}
],
"share_classes_after": []
}| Legal nameNL | GOLDSTAR |