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 9 % of short-term debt in 2024; threshold 65 %.
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Busy address KBO
22 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
TRISTAR from Antwerpen, company number BE0872383554, closed financial year 2024 with a result of € -413,992 after tax. For that financial year TRISTAR recorded a gross margin of € -333,413 and equity of € 175,719. Compared with financial year 2023, the result moved from € 1,962 to € -413,992. The company made a loss. The buffer shrank hard: equity is 70 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on November 26, 2025.
€ 175,719
▼ 70% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -413,992
▼ still € 1,962 profit in 2023
Profit after tax over the fiscal year.
€ 9,829
▲ 158% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 157,119.
People and assets in 2024
0.8
Average over the fiscal year, from the social balance sheet.
€ 32,491
▼ 8% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2024
€ 256,212
▼ 20% vs 2023
Loans from banks and other lenders, long and short.
€ 1 million
▼ 78% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 84,903
▲ 93% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 619,494 | € -366,223 | € 86,438 | € -333,413 | ▼ € 419,851 |
| Profit after taxes | € 578,453 | € -408,845 | € 1,962 | € -413,992 | ▼ € 415,954 |
| Equity | € 996,594 | € 587,748 | € 589,711 | € 175,719 | ▼ 70% |
| Total debts | € 3,243,297 | € 3,717,062 | € 5,821,545 | € 5,948,356 | ▲ 2% |
| Cash | € 3,232 | € 3,166 | € 3,804 | € 9,829 | ▲ 158% |
| Retained profit | € 977,994 | € 569,148 | € 571,111 | € 157,119 | ▼ 72% |
| Bank debt | € 185,414 | € 228,099 | € 321,046 | € 256,212 | ▼ 20% |
| Balance sheet total | € 4,239,891 | € 4,304,810 | € 6,411,256 | € 6,124,075 | ▼ 4% |
| Employees (FTE) | - | 0.8 | 0.8 | 0.8 |
Key figures of TRISTAR, 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 TRISTAR?
What happened at TRISTAR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 413,992 (▼ € 415,954 vs 2023). filed late Source: NBB ↗
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 578,453 profit in 2021 to € 413,992 loss in 2024.
Paid € 51,007 in corporate taxes since 2021.
Best year ever: 2021, with € 578,453 profit.
A new publication or filing at TRISTAR? 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
Behind TRISTAR are Mukesh Kanaiyalal SHAH and Bhavik Hitendra Shah.
Directors
According to the 2024 annual accounts
Mukesh Kanaiyalal SHAH
Director
Bhavik Hitendra Shah
Director
Establishments
Establishment units
Physical locations of this company
Pelikaanstraat 62
2018 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 22 companies are registered at this address.
All companies at this address →Diamantclub van Antwerpen
€ 3.4 million revenue · 2025
Vrije Diamanthandel
€ -29,472 gross margin · 2025
AMBEL INVEST
€ -3,959 gross margin · 2025
BARSAMIAN DIAMONDS
Bonas Couzyn (Antwerp) NV
€ 345.4 million revenue · 2025
+17 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0872.383.554
- VAT number
- BE 0872.383.554
- Registered office
- Pelikaanstraat 62, 2018 Antwerpen
- Names & denominations
- TRISTAR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 March 2005
- Peppol
- Active · Active since 19 Dec 2025
- Activities · NACE
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