NORMAL SITUATION

Staar Development Company

Company — Normal situation.

Financial year 2024 · Closed on 31/12/2024

Net result-10,9 k €-123,7 %over 1 year
Gross margin-10 k €-118,8 %over 1 year
Equity472,1 k €-2,3 %over 1 year

Identity

Source · BCE/KBO

Staar Development Company is a company registered in Belgium.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0403.148.628
Legal form
Public limited company
Contributed capital
62 000,00 €
Latest accounts
31/12/2024
Joint committees (1)
  • 218
Signals
Solid equityGood liquidity

Financials

Source · NBB, 49 filings

Trend over 19 financial years

20242023202220212020
Income statement
Gross margin-10 k €53,1 k €-13 k €-5,4 k €24,5 k €
EBITDA-10,4 k €52,3 k €-13 k €-5,8 k €24,2 k €
Operating result-10,9 k €51 k €-15,8 k €-9,9 k €18,5 k €
Net result-10,9 k €46,1 k €-86,4 k €-10,4 k €13,4 k €
Balance sheet
Equity472,1 k €483,1 k €436,9 k €523,4 k €533,8 k €
Total assets502,2 k €551,3 k €550,8 k €659,3 k €679,9 k €
Cash419,1 k €491,6 k €377,8 k €30 k €21,2 k €
Debts30 k €68,2 k €113,9 k €135,9 k €146,1 k €
Other
Workforce–––––

Board of directors

Source · NBB, accounts to 31/12/2024

2 active · 2 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Geoffrey STAAR
Managing directorDirector02/04/2010 → 2023 accountsended
Jenna Staar
Director

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Larissa STAAR
Managing director17/06/2015 → 2023 accountsDirector17/06/2015 → 2017 accounts
Patrick STAAR
Managing director30/06/2021 → 2023 accounts

Full financial information

Source · NBB
202420232022202120202019
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date02/07/202506/08/202428/08/202325/08/202230/08/202102/11/2020
General meeting30/06/202501/08/202425/08/202330/06/202230/06/202130/06/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 49 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202430/06/202502/07/2025FrenchPDF
Micro model31/12/202301/08/202406/08/2024FrenchPDF
Micro model31/12/202225/08/202328/08/2023FrenchPDF
Micro model31/12/202130/06/202225/08/2022FrenchPDF
Micro model31/12/202030/06/202130/08/2021FrenchPDF
Micro model31/12/201930/06/202002/11/2020FrenchPDF
Micro model31/12/201830/06/201929/08/2019FrenchPDF
Micro model31/12/201729/06/201810/09/2018FrenchPDF
Micro model31/12/201630/06/201730/08/2017FrenchPDF
Abridged model31/12/201524/06/201630/08/2016FrenchPDF
Abridged model31/12/201417/06/201507/07/2015FrenchPDF
Abridged model31/12/201319/05/201421/05/2014FrenchPDF
Abridged model31/12/201226/08/201327/08/2013FrenchPDF
Abridged model31/12/201106/04/201213/08/2012FrenchPDF
Abridged model31/12/201001/04/201122/08/2011FrenchPDF
Abridged model31/12/200902/04/201026/08/2010FrenchPDF
Abridged model31/12/200803/04/200926/08/2009FrenchPDF
Abridged model31/12/200704/04/200830/07/2008FrenchPDF
Abridged model31/12/200606/04/200707/06/2007FrenchPDF
Abridged model31/12/200507/04/200607/08/2006FrenchPDF
Abridged model31/12/200427/06/200528/07/2005FrenchPDF
Abridged model31/12/200329/06/200430/07/2004FrenchPDF
Abridged model31/12/200230/06/200329/07/2003FrenchPDF
Abridged model31/12/200130/06/200205/08/2002FrenchPDF

View all 49 filings

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

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Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2024

2 active · 2 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Geoffrey STAAR
Managing directorDirector02/04/2010 → 2023 accountsended
Jenna Staar
Director

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Larissa STAAR
Managing director17/06/2015 → 2023 accountsDirector17/06/2015 → 2017 accounts
Patrick STAAR
Managing director30/06/2021 → 2023 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Restructuring02/01/2026
    ACTE 1 - FUSION PAR ABSORPTION — OPERATION ASSIMILEE - SOCIETE °
    PDF
  • Restructuring05/11/2025
    Projet de fusion
    PDF
  • Mandates15/09/2025
    Démission / Nomination / Transfert du siège social
    PDF
  • Mandates11/02/2025
    SIEGE SOCIAL - ADRESSE AUTRE QUE SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Other30/08/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES
    PDF
  • Other05/01/2018
    PV DE LA REUNION DU CONSEIL D'ADMINISTRATION DU 20/11/2017
    PDF
  • Other19/07/2017
    REELECTIONS STATUTAIRES ;
    PDF
  • Other12/08/2011
    REELECTIONS STATUTAIRES
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Name
Registered office
Annual accounts
Filings19 filings
Mandates
Geoffrey Staar
Jenna Staar
Larissa STAAR
Patrick STAAR
200620072008200920102011201220132014201520162017201820192020202120222023202420252026
STAAR DEVELOPMENT
AVENUE JACQUES PASTUR 17, 1180 Uccle
Managing directorDirector
Director
Managing directorDirector
Managing director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Chemin Sainte Anne 7, 1380 Lasne
accounts 2024
Accounts 2024 · 2025-00215116
AVENUE JACQUES PASTUR 17, 1180 Uccle
accounts 2021 → 2023
Accounts 2023 · 2024-00330439

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
STAAR DEVELOPMENT COMPANY
accounts 2024
Accounts 2024 · 2025-00215116
STAAR DEVELOPMENT
accounts 2021 → 2023
Accounts 2023 · 2024-00330439

Events

  1. 2024
    Annual accounts 2024-10,9 k €↓
  2. 2024
    Name changeSTAAR DEVELOPMENT COMPANY
  3. 2023
    Annual accounts 202346,1 k €↑
  4. 2022
    Annual accounts 2022-86,4 k €↓
  5. 2021
    Annual accounts 2021-10,4 k €↓
  6. 2020
    Annual accounts 202013,4 k €↑
  7. 2019
    Annual accounts 20193,9 k €↑
  8. 2018
    Annual accounts 20183,9 k €↓
  9. 2017
    Annual accounts 201735 k €↓
  10. 2016
    Annual accounts 201676 k €↑
  11. 2015
    Annual accounts 201564 k €↑
  12. 2014
    Annual accounts 201444,5 k €↑
  13. 2013
    Annual accounts 201335 k €↓
  14. 2012
    Annual accounts 201253 k €↓
  15. 2011
    Annual accounts 201193,4 k €↑
  16. 2010
    Annual accounts 20107,7 k €↓
  17. 2009
    Annual accounts 200932,8 k €↓
  18. 2008
    Annual accounts 2008107,9 k €↑
  19. 2007
    Annual accounts 200741,6 k €↑
  20. 2006
    Annual accounts 2006-239 €