What does NORTHSTAR do?

NORTHSTAR is a wholesaler in Antwerpen. Public Limited, started on 8 August 1935, 1 establishment.

What is the address of NORTHSTAR?

The registered office of NORTHSTAR is located at Vosseschijnstraat 140 box D, 2030 Antwerpen.

Is NORTHSTAR still active?

Yes. According to the CBE (30 October 2026) NORTHSTAR is active, legal situation “Normale toestand”, started on 8 August 1935.

Is NORTHSTAR registered on Peppol?

Yes, NORTHSTAR is registered on the Peppol network with ID 0208:0402405686.

What is the enterprise number of NORTHSTAR?

The enterprise number of NORTHSTAR is BE0402405686.

When was NORTHSTAR founded?

NORTHSTAR was founded on 8 August 1935.

Who are the directors of NORTHSTAR?

According to the 2024 annual accounts, the directors of NORTHSTAR are: INTERNATIONAL SHIPPING HOUSE BO.

Is NORTHSTAR a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 8 August 1935; 4 annual accounts filed, latest fiscal year 2024; 1 directors known from the annual account.

How much profit did NORTHSTAR make in 2024?

NORTHSTAR posted a profit after taxes of € 1,193,396 in financial year 2024.

What is the revenue of NORTHSTAR?

In its most recent annual accounts (2024), NORTHSTAR reported revenue of € 1,523,620,603.

How much does an employee at NORTHSTAR earn?

The average wage cost per full-time employee at NORTHSTAR was € 112,300 in 2024: staff costs of € 280,650 for 2.5 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does NORTHSTAR have?

According to the 2024 annual accounts, NORTHSTAR has 2.5 full-time equivalents (FTE).

NORTHSTAR (Public Limited) - Antwerpen - BE0402405686

Dossier NORTHSTAR, printed on 30 October 2026 from databakkes.be/en/0402405686/northstar. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Late annual account NBB

Fiscal year 2024 was filed 215 days after the legal deadline.
Busy address KBO

19 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2024

NORTHSTAR from Antwerpen, company number BE0402405686, closed financial year 2024 with a result of € 1.2 million after tax. For that financial year NORTHSTAR recorded revenue of € 1.5 billion and equity of € 25.4 million. Compared with financial year 2023, the result moved from € 13 million to € 1.2 million. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on March 3, 2026.

What it is worth Growing

€ 25.4 million

▲ 5% vs 2023

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 1.2 million

▼ 91% vs 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 4.9 million

▲ 20% vs 2023

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2024. Retained profit grew to € 21.8 million.

People and assets in 2024

Full-time equivalents

2.5

▼ 2.5 vs 2023

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 4.4 million in 2024, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 280,650

▼ 50% vs 2023

€ 112,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 82,957

▼ 57% vs 2023

Book value of vehicles, furniture and equipment.

Debts at end 2024

Bank debt ≈ 40 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 3.8 million

▼ 73% vs 2023

€ 45,975 is repaid this year. At this pace the long-term loan is gone in ≈ 40 years.

Owed to suppliers

€ 18.2 million

▼ 28% vs 2023

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 4 days on average.

Wages and social charges

€ 25,430

▼ 99% vs 2023

Wages, holiday pay and social contributions still to pay. No outstanding taxes.

Key figures per fiscal year Download key figures (CSV)
	2021	2022	2023	2024	Change 2023 → 2024
Revenue	€ 939,645,054 Revenue 2021: € 939,645,054 First fiscal year in the series	€ 1,765,481,857 Revenue 2022: € 1,765,481,857 ▲ 88% vs 2021 (€ 939,645,054) Favourable step	€ 1,418,599,989 Revenue 2023: € 1,418,599,989 ▼ 20% vs 2022 (€ 1,765,481,857) Unfavourable step	€ 1,523,620,603 Revenue 2024: € 1,523,620,603 ▲ 7% vs 2023 (€ 1,418,599,989) Favourable step	▲ 7%
Profit after taxes	€ 722,851 Profit after taxes 2021: € 722,851 First fiscal year in the series	€ 13,374,033 Profit after taxes 2022: € 13,374,033 ▲ € 12.7 million vs 2021 (€ 722,851) Favourable step	€ 13,012,481 Profit after taxes 2023: € 13,012,481 ▼ 3% vs 2022 (€ 13,374,033) Unfavourable step	€ 1,193,396 Profit after taxes 2024: € 1,193,396 ▼ 91% vs 2023 (€ 13,012,481) Unfavourable step	▼ 91%
Equity	€ 13,659,087 Equity 2021: € 13,659,087 First fiscal year in the series	€ 24,533,120 Equity 2022: € 24,533,120 ▲ 80% vs 2021 (€ 13,659,087) Favourable step	€ 24,195,601 Equity 2023: € 24,195,601 ▼ 1% vs 2022 (€ 24,533,120) Unfavourable step	€ 25,388,997 Equity 2024: € 25,388,997 ▲ 5% vs 2023 (€ 24,195,601) Favourable step	▲ 5%
Total debts	€ 36,470,266 Total debts 2021: € 36,470,266 First fiscal year in the series	€ 35,240,499 Total debts 2022: € 35,240,499 ▼ 3% vs 2021 (€ 36,470,266) Favourable step	€ 42,201,958 Total debts 2023: € 42,201,958 ▲ 20% vs 2022 (€ 35,240,499) Unfavourable step	€ 22,957,048 Total debts 2024: € 22,957,048 ▼ 46% vs 2023 (€ 42,201,958) Favourable step	▼ 46%
Cash	€ 6,056,112 Cash 2021: € 6,056,112 First fiscal year in the series	€ 2,041,063 Cash 2022: € 2,041,063 ▼ 66% vs 2021 (€ 6,056,112) Unfavourable step	€ 4,070,236 Cash 2023: € 4,070,236 ▲ 99% vs 2022 (€ 2,041,063) Favourable step	€ 4,888,327 Cash 2024: € 4,888,327 ▲ 20% vs 2023 (€ 4,070,236) Favourable step	▲ 20%
Retained profit	€ 10,107,053 Retained profit 2021: € 10,107,053 First fiscal year in the series	€ 20,981,087 Retained profit 2022: € 20,981,087 ▲ 108% vs 2021 (€ 10,107,053) Favourable step	€ 20,643,567 Retained profit 2023: € 20,643,567 ▼ 2% vs 2022 (€ 20,981,087) Unfavourable step	€ 21,836,964 Retained profit 2024: € 21,836,964 ▲ 6% vs 2023 (€ 20,643,567) Favourable step	▲ 6%
Dividend	€ 0 Dividend 2021: € 0 First fiscal year in the series	€ 2,500,000 Dividend 2022: € 2,500,000 Unchanged (€ 0) Unchanged	€ 13,350,000 Dividend 2023: € 13,350,000 ▲ € 10.9 million vs 2022 (€ 2,500,000) Unchanged	€ 0 Dividend 2024: € 0 ▼ 100% vs 2023 (€ 13,350,000) Unchanged	▼ 100%
Bank debt	€ 24,768,626 Bank debt 2021: € 24,768,626 First fiscal year in the series	€ 18,548,724 Bank debt 2022: € 18,548,724 ▼ 25% vs 2021 (€ 24,768,626) Favourable step	€ 14,183,853 Bank debt 2023: € 14,183,853 ▼ 24% vs 2022 (€ 18,548,724) Favourable step	€ 3,845,975 Bank debt 2024: € 3,845,975 ▼ 73% vs 2023 (€ 14,183,853) Favourable step	▼ 73%
Balance sheet total	€ 50,129,352 Balance sheet total 2021: € 50,129,352 First fiscal year in the series	€ 59,773,619 Balance sheet total 2022: € 59,773,619 ▲ 19% vs 2021 (€ 50,129,352) Unchanged	€ 66,397,559 Balance sheet total 2023: € 66,397,559 ▲ 11% vs 2022 (€ 59,773,619) Unchanged	€ 48,346,045 Balance sheet total 2024: € 48,346,045 ▼ 27% vs 2023 (€ 66,397,559) Unchanged	▼ 27%
Employees (FTE)	3.7 Employees (FTE) 2021: 3.7 First fiscal year in the series	4.6 Employees (FTE) 2022: 4.6 ▲ 0.9 vs 2021 (3.7) Unchanged	5 Employees (FTE) 2023: 5 ▲ 0.4 vs 2022 (4.6) Unchanged	2.5 Employees (FTE) 2024: 2.5 ▼ 2.5 vs 2023 (5) Unchanged	▼ 2.5

Key figures of NORTHSTAR, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.

What happened to NORTHSTAR?

What happened at NORTHSTAR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2028 INTERNATIONAL SHIPPING HOUSE BO stepped down as director. NBB
Mar 3, 2026 New annual accounts for financial year 2024: profit of € 1.2 million (▼ 91% vs 2023). filed late Source: NBB ↗
2022 INTERNATIONAL SHIPPING HOUSE BO became a director. NBB
May 27, 1999 New establishment in Antwerpen. KBO
Aug 8, 1935 Start of the company according to the CBE. KBO

In short

From € 722,851 profit in 2021 to € 1.2 million profit in 2024.

Paid € 10.3 million in corporate taxes since 2021.

Best year ever: 2022, with € 13.4 million profit.

Paid out € 15.9 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

VEPO INVEST NV 100%

NORTHSTAR

The shares are held by VEPO INVEST NV (100%).

Directors

According to the 2024 annual accounts

INTERNATIONAL SHIPPING HOUSE BO

Director · represented by Erik VERSTRAETEN

Also active at: VEPO INVEST

since 2022 · until 2028

Shareholders

VEPO INVEST NV

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Vosseschijnstraat 140 box D

2030 Antwerpen

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 19 companies are registered at this address.

All companies at this address →

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+14 more

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0402.405.686

VAT number

BE 0402.405.686

Registered office

Vosseschijnstraat 140 bus D, 2030 Antwerpen

Names & denominations

NORTHSTAR

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

8 August 1935

Peppol

Active · Active since 24 Oct 2025

Activities · NACE

Groothandel in vaste, vloeibare en gasvormige brandstoffen en aanverwante producten

Goederenvervoer over de weg

Groothandel in hout

Winning van kalksteen, gips, leisteen en andere steen

Winning van cementsteen

View on CBE Public ↗ Annual accounts (NBB) ↗

NORTHSTAR

Warning lights

Financials

What happened to NORTHSTAR?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions