In liquidation · Vrijwillige ontbinding – vereffening (CBE)

HIGH STARS COMPANY

BE0412951170

Rechtspersoon Public limited company 1 establishment

HIGH STARS COMPANY is registered with the CBE as active in: Handel in eigen onroerend goed. Public Limited, started on 25 January 1973, 1 establishment.

Burchtweg 7, 9890 Gavere [email protected]

Behind the company: Eric Electeur.

Start date

25 January 1973

Warning lights

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

  • Negative equity NBB

    More debt than assets in 3 of the last 4 fiscal years.

  • Two loss years in a row NBB

    Negative result in 2023 and 2024.

  • Tight liquidity NBB

    Cash and receivables cover 48 % of short-term debt in 2024; threshold 65 %.

  • Figures corrected NBB

    Corrected annual account filed for 2024.

  • Busy address KBO

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

  • Legal situation KBO

    Vrijwillige ontbinding – vereffening according to the CBE.

Financials

Financial year 2024

HIGH STARS COMPANY from Gavere, company number BE0412951170, closed financial year 2024 with a result of € -1.9 million after tax. For that financial year HIGH STARS COMPANY recorded a gross margin of € 385,192 and equity of € -2.4 million. Compared with financial year 2023, the result moved from € -816,943 to € -1.9 million. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 29, 2025.

What it is worth Caution

€ -2.4 million

▼ € 1.9 million vs 2023

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

Loss Caution

€ -1.9 million

▼ 137 % more loss than in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 1,801

▲ € 1,457 vs 2023

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -5.5 million.

People and assets in 2024

Full-time equivalents

1

▼ 0.3 vs 2023

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

Wage cost

€ 77,306

▼ 20% vs 2023

€ 77,300 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

€ 725

▼ 98% vs 2023

Book value of vehicles, furniture and equipment.

Debts at end 2024

Bank debt ≈ 13 years to go

€ 16.6 million

€ 1.3 million is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.

Owed to suppliers

€ 787,560

▲ 215% vs 2023

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 138,419

▲ 124% vs 2023

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2021202220232024Change 2023 → 2024
Gross margin € 552,426 € 2,609,044 € 1,013,944 € 385,192 ▼ 62%
Profit after taxes € -1,150,016 € 935,805 € -816,943 € -1,934,482 ▼ € 1.1 million
Equity € -582,381 € 353,424 € -463,519 € -2,402,376 ▼ € 1.9 million
Total debts € 33,641,484 € 30,417,105 € 31,210,149 € 33,505,322 ▲ 7%
Cash € 49,045 € 7,627 € 344 € 1,801 ▲ € 1,457
Land & buildings € 28,827,354 € 23,383,513 € 22,567,320 € 21,742,946 ▼ 4%
Retained profit € -3,722,445 € -2,786,640 € -3,603,584 € -5,538,065 ▼ € 1.9 million
Bank debt € 20,981,560 € 17,447,718 € 16,663,427 € 16,647,189
Balance sheet total € 33,227,693 € 30,931,091 € 30,899,164 € 31,247,452 ▲ 1%
Employees (FTE) 1.4 1.3 1.3 1 ▼ 0.3

Key figures of HIGH STARS COMPANY, 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 HIGH STARS COMPANY?

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

HIGH STARS COMPANY is active according to the CBE. Legal situation: Vrijwillige ontbinding – vereffening.

  • Corrected annual accounts filed for financial year 2024. filed late Source: NBB ↗
  • Eric Electeur became a director. NBB
  • New establishment in Gavere. KBO
  • Start of the company according to the CBE. KBO

In short

From € 1.2 million loss in 2021 to € 1.9 million loss in 2024.

Paid € 6,367 in corporate taxes since 2021.

Best year ever: 2022, with € 935,805 profit.

On average € 385,200 of value added per employee in 2024.

Management

SAKKA 24.9%

The stake of SAKKA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

HIGH STARS COMPANY

Behind HIGH STARS COMPANY is Eric Electeur. The shares are held by SAKKA (24.9%).

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Directors

According to the 2024 annual accounts

Shareholders

SAKKA

24.9%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Burchtweg 7

9890 Gavere

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

Details

Company number
0412.951.170
VAT number
BE 0412.951.170
Registered office
Burchtweg 7, 9890 Gavere
Names & denominations
HIGH STARS COMPANY
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Vrijwillige ontbinding – vereffening
Start date
25 January 1973
Peppol
Active · Active since 27 Mar 2026
Activities · NACE

Handel in eigen onroerend goed

Frequently asked questions

What does HIGH STARS COMPANY do?
HIGH STARS COMPANY is registered with the CBE as active in: Handel in eigen onroerend goed. Public Limited, started on 25 January 1973, 1 establishment.
What is the address of HIGH STARS COMPANY?
The registered office of HIGH STARS COMPANY is located at Burchtweg 7, 9890 Gavere.
Is HIGH STARS COMPANY still active?
Not as usual. The CBE lists HIGH STARS COMPANY with legal situation “Vrijwillige ontbinding – vereffening”.
Is HIGH STARS COMPANY registered on Peppol?
Yes, HIGH STARS COMPANY is registered on the Peppol network with ID 0208:0412951170.
What is the enterprise number of HIGH STARS COMPANY?
The enterprise number of HIGH STARS COMPANY is BE0412951170.
When was HIGH STARS COMPANY founded?
HIGH STARS COMPANY was founded on 25 January 1973.