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 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 51 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
STARTER from Châtelet, company number BE0436437741, closed financial year 2024 with a result of € -52,016 after tax. For that financial year STARTER recorded a gross margin of € 730,897 and equity of € -650,090. Compared with financial year 2023, the result moved from € -6,078 to € -52,016. 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 28, 2025.
€ -650,090
▼ € 52,016 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -52,016
▼ 756 % more loss than in 2023
Profit after tax over the fiscal year.
€ 97,541
▼ 20% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -668,682.
People and assets in 2024
18.1
▼ 0.7 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 696,566
▼ 7% vs 2023
€ 38,500 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.
€ 51,511
▼ 23% vs 2023
Of which on lease € 3,697.
Debts at end 2024
€ 553,943
▲ 55% vs 2023
€ 19,158 is repaid this year. At this pace the long-term loan is gone in ≈ 26 years.
€ 300,110
▲ 72% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 132,109
▼ 28% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 806,644 | € 475,732 | € 812,751 | € 730,897 | ▼ 10% |
| Profit after taxes | € -7,103 | € -281,684 | € -6,078 | € -52,016 | ▼ € 45,938 |
| Equity | € -310,313 | € -591,996 | € -598,074 | € -650,090 | ▼ € 52,016 |
| Total debts | € 961,056 | € 984,851 | € 1,136,233 | € 1,481,246 | ▲ 30% |
| Cash | € 363,805 | € 213,989 | € 121,725 | € 97,541 | ▼ 20% |
| Retained profit | € -328,905 | € -610,588 | € -616,666 | € -668,682 | ▼ € 52,016 |
| Bank debt | € 95,465 | € 119,915 | € 356,534 | € 553,943 | ▲ 55% |
| Balance sheet total | € 650,743 | € 392,854 | € 538,159 | € 831,155 | ▲ 54% |
| Employees (FTE) | 20.1 | 19.2 | 18.8 | 18.1 | ▼ 0.7 |
Key figures of STARTER, 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 STARTER?
What happened at STARTER in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 52,016. filed late Source: NBB ↗
- New establishment in Namur. KBO
- New establishment in Namur. KBO
- New establishment in Sambreville. KBO
- New establishment in Charleroi. KBO
- New establishment in Couvin. KBO
- New establishment in Charleroi. KBO
- New establishment in Charleroi. KBO
In short
From € 7,103 loss in 2021 to € 52,016 loss in 2024.
Paid € 161 in corporate taxes since 2021.
On average € 40,400 of value added per employee in 2024.
Management
Behind STARTER are Emmanuel BARATTUCCI, Nicola BARATTUCCI, David BARATTUCCI and d'Eletto CONCETTA. The shares are held by NICO HOLDING (98%).
Directors
According to the 2024 annual accounts
Emmanuel BARATTUCCI
Director
Nicola BARATTUCCI
Director
David BARATTUCCI
Director
d'Eletto CONCETTA
Director
Shareholders
98%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue de Gilly 79
6200 Châtelet
Chaussée de Lodelinsart 106
6060 Charleroi
Active since 25 June 2008
Avenue du Centenaire 4
6061 Charleroi
Active since 25 June 2008
Rue Saint Roch(THN) 17
6530 Thuin
Active since 25 June 2008
Grand Place(BIN) 25
7130 Binche
Active since 25 June 2008
Rue du Comté(AUV) 116
5060 Sambreville
Active since 1 January 2014
Rue du Pont Neuf 11
6000 Charleroi
Active since 1 January 2014
Faubourg-Saint-Germain 42-46
5660 Couvin
Active since 1 January 2014
Rue de Marchienne 82
6040 Charleroi
Active since 1 January 2014
Rue Patenier 5
5000 Namur
Active since 1 March 2015
Rue de Bruxelles 32
5000 Namur
Active since 16 October 2017
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
OVH Mail
Hosting
OVH, FR
Website info
Features
Security
Network
Details
- Company number
- 0436.437.741
- VAT number
- BE 0436.437.741
- Registered office
- Rue de Gilly 79, 6200 Châtelet
- Names & denominations
- STARTER
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 January 1989
- Peppol
- Active · Active since 9 Apr 2025
- Contact
- starter.be [email protected]
- Activities · NACE
Activiteiten van auto- en motorrijscholen
Autorijscholen