Financials
Financial year 2025
Worth noting
- More debts than assets in the latest financial year.
- A loss two years in a row.
- Little cash and receivables against the short-term debts.
Revenue
€ 1.8 million
▼ 4% vs 2024
Profit
Caution€ -21 million
▲ 19% vs 2024
Debts
High€ 39.1 million
ISTAR MEDICAL from Wavre, company number BE0828058712, closed financial year 2025 with a result of € -21 million after tax. For that financial year ISTAR MEDICAL recorded revenue of € 1.8 million and equity of € -23.5 million. Compared with financial year 2024, the result moved from € -26 million to € -21 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 July 23, 2026.
What happened at ISTAR MEDICAL?
What happened at ISTAR MEDICAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Marc Nolet de Brauwere van Steenland stepped down as director. NBB
- MV Lifescience SRL stepped down as director. NBB
- Bruno Holthof stepped down as director. NBB
- Capricorn Partners NV stepped down as director. NBB
- Richard Beckman stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 21 million. Source: NBB ↗
- Richard Beckman became a director. NBB
- Marc Nolet de Brauwere van Steenland became a director. NBB
In short
From € 26 million loss in 2024 to € 21 million loss in 2025.
Pays suppliers within 115 days on average.
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History
Every financial year, as far back as the National Bank goes.
Buffer
How long does the company survive without income?
Credit limit
Indicative credit limit, computed from the real figures.
Alerts
News about who you follow, reason included.
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Management
It owns 100% of iSTAR Medical Inc, 100% of iSTAR Medical GmbH and 100% of iSTAR medical Australia PTY LTD itself.
Directors
According to the 2025 annual accounts
Marc Nolet de Brauwere van Steenland
Director
since 2023 · until 2027
Managing director · represented by Michel Vanbrabant
Also active at: ENDO TOOLS THERAPEUTICS
since 2023 · until 2027
Bruno Holthof
Director
since 2023 · until 2027
Director · represented by Filip Pintelon
since 2023 · until 2027
Richard Beckman
Director
since 2024 · until 2027
Establishments
Establishment units
Physical locations of this company
Avenue Sabin 6
1300 Wavre
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0828.058.712
- VAT number
- BE 0828.058.712
- Registered office
- Avenue Sabin 6, 1300 Wavre
- Names & denominations
- ISTAR MEDICAL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 July 2010
- Peppol
- Not registered
- Activities · NACE
Vervaardiging van medische en tandheelkundige instrumenten en benodigdheden
Activiteiten van medische beeldvorming en medische laboratoria
Activiteiten van medische laboratoria
Activiteiten van holdings
Holdings