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 2 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 36 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 14.2 to 10.4.
Financials
Financial year 2025
STARSAVOR GROUP from Ciney, company number BE0420265564, closed financial year 2025 with a result of € -917,587 after tax. For that financial year STARSAVOR GROUP recorded a gross margin of € -57,535 and equity of € -1.3 million. Compared with financial year 2024, the result moved from € -878,830 to € -917,587. 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 31, 2026.
€ -1.3 million
▼ € 917,587 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -917,587
▼ 4 % more loss than in 2024
Profit after tax over the fiscal year.
€ 36,585
▼ 92% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.9 million.
People and assets in 2025
10.4
▼ 1.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 544,293
▼ 23% vs 2024
€ 52,300 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.
€ 35,823
▲ 96% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.4 million
▼ 13% vs 2024
€ 89,494 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 2.4 million
▲ 6% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 66,782
▼ 47% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2023 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,215,875 | € 728,452 | € 94,583 | € -57,535 | ▼ € 152,118 |
| Profit after taxes | € 32,681 | € -364,267 | € -878,830 | € -917,587 | ▼ € 38,758 |
| Equity | € 821,552 | € 457,285 | € -421,545 | € -1,339,133 | ▼ € 917,587 |
| Total debts | € 3,088,963 | € 4,691,548 | € 5,148,907 | € 5,405,080 | ▲ 5% |
| Cash | € 340,028 | € 243,575 | € 432,850 | € 36,585 | ▼ 92% |
| Retained profit | € 269,971 | € -94,296 | € -973,126 | € -1,890,714 | ▼ € 917,587 |
| Bank debt | € 1,367,022 | € 1,791,442 | € 1,577,461 | € 1,371,945 | ▼ 13% |
| Balance sheet total | € 3,910,515 | € 5,148,833 | € 4,727,362 | € 4,065,948 | ▼ 14% |
| Employees (FTE) | 19.7 | 14.2 | 12.2 | 10.4 | ▼ 1.8 |
Key figures of STARSAVOR GROUP, fiscal years 2023 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to STARSAVOR GROUP?
What happened at STARSAVOR GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 917,587. filed late Source: NBB ↗
- New establishment in Ciney. KBO
- New establishment in Ciney. KBO
- New establishment in Florenville. KBO
- New establishment in Chiny. KBO
- Start of the company according to the CBE. KBO
In short
From € 32,681 profit in 2023 to € 917,587 loss in 2025.
Paid € 5,377 in corporate taxes since 2023.
Best year ever: 2023, with € 32,681 profit.
On average € 7,800 of value added per employee in 2024.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of GENTHO GROUP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
STARSAVOR GROUPBehind STARSAVOR GROUP is Gérald ENTHOVEN. The shares are held by GENTHO GROUP (100%).
Directors
According to the 2025 annual accounts
Gérald ENTHOVEN
Director
Also active at: SOCARDENNE ALIMENTATION, 17 Allée des Artisans, GENTHO GROUP, GJPE Consult, 21 RUE D'ARLON
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Allée des Artisans 17
5590 Ciney
Rue de la Goulette 2
6810 Chiny
Active since 15 February 1980
Rue d'Arlon 21bis
6820 Florenville
Active since 9 January 2018
Allée des Artisans 8
5590 Ciney
Active since 1 October 2024
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
OVH, FR
DNS
OVH DNS
Domain
Domain
starsavor.com
Registered
2014-11-19
Registrar
OVH sas
Expires
2026-11-19
Website info
Features
Security
Details
- Company number
- 0420.265.564
- VAT number
- BE 0420.265.564
- Registered office
- Allée des Artisans 17, 5590 Ciney
- Names & denominations
- STARSAVOR GROUP
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1980
- Peppol
- Active · Active since 30 Mar 2026
- Contact
- starsavor.com
- Activities · NACE
Groothandel in vlees en vleesproducten, uitgezonderd vlees van wild en van gevogelte
Detailhandel in vlees en vleesproducten, muv vlees van wild en van gevogelte
Detailhandel in vlees en vleeswaren
Vervaardiging van producten van vlees of van vlees van gevogelte
Verwerking en conservering van vlees van gevogelte
Groothandel in vlees van wild en van gevogelte
Activiteiten van slachthuizen
Verwerking en conservering van vlees, exclusief vlees van gevogelte