Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 59 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
StarNet from Sint-Niklaas, company number BE0462602304, closed financial year 2025 with a result of € 19,386 after tax. For that financial year StarNet recorded a gross margin of € 538,168 and equity of € 151,021. Compared with financial year 2024, the result moved from € -14,351 to € 19,386. Profitable, and profit is growing. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 1, 2026.
€ 151,021
▼ 31% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 19,386
▲ still € 14,351 loss in 2024
Profit after tax over the fiscal year.
€ 187,335
▼ 63% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 86,291 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
4.6
Average over the fiscal year, from the social balance sheet.
€ 343,262
▲ 3% vs 2024
€ 74,600 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.
€ 135,386
▼ 27% vs 2024
Of which on lease € 117,337.
Debts at end 2025
€ 153,443
▼ 23% vs 2024
€ 53,256 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 628,482
▼ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 99,083
▲ 28% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 351,412 | € 472,912 | € 415,912 | € 538,168 | ▲ 29% |
| Profit after taxes | € 71,121 | € 69,167 | € -14,351 | € 19,386 | ▲ € 33,737 |
| Equity | € 163,109 | € 232,276 | € 217,926 | € 151,021 | ▼ 31% |
| Total debts | € 996,559 | € 954,817 | € 1,358,847 | € 968,299 | ▼ 29% |
| Cash | € 147,492 | € 164,908 | € 507,846 | € 187,335 | ▼ 63% |
| Retained profit | € 101,136 | € 170,303 | € 155,952 | € 89,048 | ▼ 43% |
| Dividend | € 0 | € 0 | € 0 | € 86,291 | |
| Bank debt | € 183,406 | € 135,662 | € 198,532 | € 153,443 | ▼ 23% |
| Balance sheet total | € 1,159,668 | € 1,187,094 | € 1,576,772 | € 1,119,320 | ▼ 29% |
| Employees (FTE) | 3.7 | 4.6 | 4.6 | 4.6 |
Key figures of StarNet, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to StarNet?
What happened at StarNet in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Eddy Muylaert stepped down as director. NBB
- An Van Broeck stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 19,386. filed late Source: NBB ↗
- Eddy Muylaert became a director. NBB
- An Van Broeck became a director. NBB
- New establishment in Sint-Niklaas. KBO
- New establishment in Sint-Niklaas. KBO
- Start of the company according to the CBE. KBO
In short
From € 71,121 profit in 2022 to € 19,386 profit in 2025.
Paid € 58,317 in corporate taxes since 2022.
Best year ever: 2022, with € 71,121 profit.
On average € 117,000 of value added per employee in 2025.
A new publication or filing at StarNet? We notify you, reason included.
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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
Directors
According to the 2025 annual accounts
Eddy Muylaert
Managing director
since 2022 · until 2027
An Van Broeck
Director
since 2022 · until 2027
Establishments
Establishment units
Physical locations of this company
Zandstraat 4
9100 Sint-Niklaas
Grote Baan 124
9100 Sint-Niklaas
Active since 16 February 1998
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Details
- Company number
- 0462.602.304
- VAT number
- BE 0462.602.304
- Registered office
- Zandstraat 4, 9100 Sint-Niklaas
- Names & denominations
- StarNet
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 11 February 1998
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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