StarNet
ActiveSummary
StarNet has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €151k and a net result of €19k. Equity is growing by ~2.8% per year across the filed fiscal years. Its solvency ranks better than 23% of 2692 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▲+3
Solvency38▼-1
Growth58▲+6
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity short (current ratio 0.79 against 0.93 in 2024; short-term debt: 79.7% and cash: 16.7% of total assets), and 86.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Seven 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 62
Relative position
BE, all sectors
reference
Sector 62
lower
← 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
13.5%
Return on assets
1.7%
Age of the figures
12 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 2692 sector peers (2025).
NBB · sector comparisonPosition among 2692 sector peers
Solvency
better than 23%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 01-06-2026, 32 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 · 10 filingsDeviation from the deadline
2025
32 d late
2024
61 d late
2023
4 d early
2022
2 d late
2021
151 d early
2020
31 d late
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€151k▼ 30.7%
2024 · €218k
2018: €178k
2019: €196k
2020: €122k
2021: €92k
2022: €163k
2023: €232k
2024: €218k
2018 → 2025
Total assets
€1.12M▼ 29.0%
2024 · €1.58M
2018: €1.26M
2019: €1.09M
2020: €761k
2021: €1.11M
2022: €1.16M
2023: €1.19M
2024: €1.58M
2018 → 2025
Net result
€19k
2024 · €-14k
2019: €19k
2020: €-74k
2021: €-30k
2022: €71k
2023: €69k
2024: €-14k
2019 → 2025
Working capital
€-186k▼ 106%
2024 · €-90k
2018: €266k
2019: €291k
2020: €186k
2021: €29k
2022: €156k
2023: €196k
2024: €-90k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€92k-€163k▲ 77.3%€232k▲ 42.4%€218k▼ 6.2%€151k▼ 30.7%
Operating result€-21k-€78k€103k▲ 31.9%€-8k€48k
Net result€-30k-€71k€69k▼ 2.7%€-14k€19k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €48k after a loss of €8k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.12M
Fixed assets
€413k ▼ 7.5%
Current assets
€706k ▼ 37.5%
Equity and liabilities €1.12M
Equity
€151k ▼ 30.7%
Debt
€968k ▼ 28.7%
Debt's share of the balance-sheet total rises from 86.2% to 86.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€171k▲
2024 · €54k
Cash flow
€142k▲
2024 · €48k
Current ratio
0.79▼
2024 · 0.93
Quick ratio
0.65▼
2024 · 0.86
Debt to equity
6.41▲
2024 · 6.24
ROE
12.8%▲
2024 · -6.6%
ROA
1.7%▲
2024 · -0.9%
Interest coverage
27.78▲
2024 · 7.43
Debt ≤ 1 year
€892k▼
2024 · €1.22M
Debt > 1 year
€75k▼
2024 · €130k
Income taxes
€27k
Staff costs
€343k▲
2024 · €334k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 63 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.58M€1.12M▼
Fixed assets21/28€446k€413k▼
Intangible fixed assets21€210k€247k▲
Tangible fixed assets22/27€237k€166k▼
Plant, machinery and equipment23€51k€31k▼
Furniture and vehicles24€12k€18k▲
Leasing and similar rights25€173k€117k▼
Current assets29/58€1.13M€706k▼
Amounts receivable after more than one year29€63k€40k▼
Other amounts receivable291€63k€40k▼
Stocks and contracts in progress3€76k€130k▲
Stocks30/36€76k€130k▲
Amounts receivable within one year40/41€470k€337k▼
Trade receivables40€385k€310k▼
Other amounts receivable41€85k€28k▼
Cash at bank and in hand54/58€508k€187k▼
Deferred charges and accrued income490/1€13k€12k▼
Equity and liabilities
Total equity and liabilities10/49€1.58M€1.12M▼
Equity10/15€218k€151k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€170k€84k▼
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€8k€8k=
Distributable reserves133€156k€70k▼
Profit (loss) carried forward14€-14k€5k▲
Amounts payable17/49€1.36M€968k▼
Amounts payable after more than one year17€130k€75k▼
Financial debts170/4€130k€75k▼
Amounts payable within one year42/48€1.22M€892k▼
Current portion of amounts payable after more than one year42€69k€53k▼
Financial debts43-€25k
Credit institutions430/8-€25k
Trade debts44€661k€628k▼
Suppliers440/4€661k€628k▼
Taxes, remuneration and social security45€78k€99k▲
Taxes450/3€19k€29k▲
Remuneration and social security454/9€59k€70k▲
Other amounts payable47/48€413k€86k▼
Accrued charges and deferred income492/3€9k€1k▼
Income statement
Code20242025
Remuneration, social security and pensions62€334k€343k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€62k€122k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€3k
Other operating charges640/8€22k€15k▼
Non-recurring operating charges66A€6k€6k=
Gross operating margin9900€416k€538k▲
Operating profit (loss)9901€-8k€48k▲
Financial income75/76B€910€4k▲
Recurring financial income75€910€4k▲
Financial charges65/66B€7k€6k▼
Recurring financial charges65€7k€6k▼
Profit (loss) for the period before taxes9903€-14k€47k▲
Income taxes67/77-€27k
Profit (loss) for the period9904€-14k€19k▲
Profit (loss) for the period to be appropriated9905€-14k€19k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-14k€5k▲
Profit (loss) brought forward from the previous period14P-€-14k
Transfer from equity791/2-€86k
Profit to be distributed694/7-€86k
Return on contributions (dividend)694-€86k
Social balance
Average headcount (FTE)90874.64.6=
The notes to these accounts (18 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
01-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 32 days late
2025
30-09
Financial
Back to profitnet €19k
Net result €19k after one loss-making year.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 61 days late
2024
26-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Equity above €200kEq €232k ▲42.4%
2 profitable years in a row build equity to €232k.
02-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 2 days late
2022
30-09
Financial
Back to profitnet €71k
Net result €71k after 2 loss-making years.
30-09
Financial
Equity above €150kEq €163k ▲77.3%
Equity rises from €92k to €163k.
2021
30-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
31-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
30-09
Financial
Weakest financial yearnet €-74k
Net result drops to €-74k, the lowest in the series; recovery starts the following year.
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
2019
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-04
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.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 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, Sint-Niklaas · 2 establishment units since 1998
Ground area
2,255 m²
Building footprint
486 m²
Volume, LiDAR
3,357 m³
2 parcels, Flanders · tallest building 21.6 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
2 establishment units
STARNET NV
since 19982.085.464.564
STARNET
since 20162.252.242.010
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46017A0987/00B000 | Flanders | 2,050 m² | 1 · 284 m² | 7.9 m · 2 fl. |
| 46017A1108/00P000 | Flanders | 205 m² | 1 · 202 m² | 21.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 16,879 companies in sector 62100 we hold annual accounts for 8,766. 6,834 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded11-02-1998
Fiscal year end30-09
Activities, NACEBEL 2025
62100Computer programming
90311Arts creation and performing arts activities
77399Renting and leasing of other machinery, equipment and tangible goods
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.