N STARS
ActiveN STARS has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €127k and a net result of €-31k. Equity is shrinking by ~9.6% per year across the filed fiscal years. Its solvency ranks better than 74% of 31616 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-9
Solvency100▲+3
Growth32=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 5.71 against 4.33 in 2024; short-term debt: 8.7% and cash: 33.8% of total assets), and 22.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
22232425
2022 to 2025 · latest year €-31k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
31 d late
2024
29 d late
2023
30 d late
2022
31 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€127k▼ 19.5%
2024 · €157k
2022: €172k
2023: €174k
2024: €157k
2022 → 2025
Total assets
€163k▼ 25.6%
2024 · €219k
2022: €202k
2023: €195k
2024: €219k
2022 → 2025
Net result
€-31k▼ 86.2%
2024 · €-17k
2022: €6k
2023: €2k
2024: €-17k
2022 → 2025
Working capital
€67k▼ 23.3%
2024 · €87k
2022: €168k
2023: €170k
2024: €87k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€172k-€174k▲ 0.9%€157k▼ 9.5%€127k▼ 19.5%
Operating result€26k-€31k▲ 21.1%€-15k€-29k▼ 92.9%
Net result€6k-€2k▼ 75.2%€-17k€-31k▼ 86.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €29k in 2025 against €15k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €163k
Fixed assets
€83k▼ 22.5%
Current assets
€81k▼ 28.5%
Equity and liabilities €163k
Equity
€127k▼ 19.5%
Debt
€37k▼ 41.0%
The debt ratio falls from 28.2% to 22.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-5k▼
2024 · €-2k
Cash flow
€-7k▼
2024 · €-3k
Solvency
77.6%▲
2024 · 71.8%
Current ratio
5.71▲
2024 · 4.33
Quick ratio
5.71▲
2024 · 4.33
Debt / equity
0.29▼
2024 · 0.39
ROE
-24.2%▼
2024 · -10.5%
ROA
-18.8%▼
2024 · -7.5%
Interest coverage
-2.46▼
2024 · -1.03
Debt
€37k▼
2024 · €62k
Debt ≤ 1 year
€14k▼
2024 · €26k
Debt > 1 year
€22k▼
2024 · €36k
Income taxes
€385▲
2024 · €173
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€219k€163k▼
Fixed assets21/28€107k€83k▼
Tangible fixed assets22/27€107k€83k▼
Land and buildings22€643€540▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€103k€80k▼
Current assets29/58€113k€81k▼
Amounts receivable within one year40/41€7k€24k▲
Trade receivables40€1k€12k▲
Other amounts receivable41€6k€12k▲
Cash at bank and in hand54/58€104k€55k▼
Deferred charges and accrued income490/1€1k€1k▼
Equity and liabilities
Total equity and liabilities10/49€219k€163k▼
Equity10/15€157k€127k▼
Contributions10/11€3k€3k=
Reserves13€171k€171k=
Distributable reserves133€171k€171k=
Profit (loss) carried forward14€-17k€-47k▼
Amounts payable17/49€62k€37k▼
Amounts payable after more than one year17€36k€22k▼
Financial debts170/4€36k€22k▼
Amounts payable within one year42/48€26k€14k▼
Current portion of amounts payable after more than one year42€13k€13k▲
Trade debts44€2k€198▼
Suppliers440/4€2k€198▼
Taxes, remuneration and social security45€8k€486▼
Taxes450/3€8k€486▼
Remuneration and social security454/9€173€0▼
Other amounts payable47/48€3k€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€24k▲
Other operating charges640/8€1k€1k▲
Gross operating margin9900€-487€-4k▼
Operating profit (loss)9901€-15k€-29k▼
Financial income75/76B€2€189▲
Recurring financial income75€2€189▲
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€-16k€-30k▼
Income taxes67/77€173€385▲
Profit (loss) for the period9904€-17k€-31k▼
Profit (loss) for the period to be appropriated9905€-17k€-31k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-17k€-47k▼
Profit (loss) brought forward from the previous period14P€0€-17k▼
Transfer to equity691/2€0-
To other reserves6921€0-
The notes to these accounts (16 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
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €-31k
Net result drops to €-31k, the lowest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Mol · 1 establishment unit since 2020
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.
Achterbos 1182400 MolGround area
616 m²
Building footprint
125 m²
Volume, LiDAR
696 m³
Parcel 13435C0329/00Z000, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
N STARS
since 20202.300.572.358
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13435C0329/00Z000 | Flanders | 616 m² | 1 · 125 m² | 9.0 m · 2 fl. |
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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Similar companies · same sector, comparable size
Johan Verhaegen
BE 0802.982.232
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Yann Pauwels
BE 1024.437.982
Gent · Eq €127k
D-APOSTROPHE
BE 0466.228.124
Mol · Eq €127k
BRECON
BE 0760.498.113
Genk · Eq €127k
S-WINGS
BE 0662.443.781
Lubbeek · Eq €127k
Of 82,554 companies in sector 70200 we hold annual accounts for 52,573. 40,845 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-02-2020
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.