NORMAL SITUATION

Staar Development Company

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Financial year 2024 · closed on 31/12/2024

Net result

-10,9 k €

-123.7% YoY

Gross margin

-10 k €

-118.8% YoY

Equity

472,1 k €

-2.3% YoY

Company — Normal situation.

What does Staar Development Company do?

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)

Signals

Solid equityGood liquidity

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	-10 k €	-119%	53,1 k €	+507%	-13 k €	-140%	-5,4 k €	-122%	24,5 k €	+105%	12 k €	+195%	4,1 k €	-91.8%	49,6 k €	-53.9%	107,6 k €	+13.2%	95,1 k €	+35.5%	70,2 k €	+63.1%	43 k €	-61.1%	110,5 k €	-25.0%	147,4 k €	+114%	68,8 k €	-54.0%	149,7 k €	-35.8%	233,3 k €	+78.2%	131 k €	+999%	11,9 k €
EBITDA	-10,4 k €	-120%	52,3 k €	+501%	-13 k €	-126%	-5,8 k €	-124%	24,2 k €	+117%	11,1 k €	+218%	3,5 k €	-92.9%	49,3 k €	-54.0%	107,3 k €	+13.3%	94,7 k €	+35.7%	69,8 k €	+69.5%	41,2 k €	-61.7%	107,5 k €	-26.1%	145,5 k €	+126%	64,4 k €	-49.4%	127,2 k €	-41.3%	216,5 k €	+86.5%	116,1 k €	+1049%	10,1 k €
Operating result	-10,9 k €	-121%	51 k €	+423%	-15,8 k €	-59.5%	-9,9 k €	-154%	18,5 k €	+227%	5,6 k €	+2884%	-202,7 €	-100%	48,8 k €	-54.3%	106,8 k €	+13.9%	93,7 k €	+36.3%	68,8 k €	+80.8%	38 k €	-57.9%	90,3 k €	-25.9%	121,9 k €	+352%	27 k €	-70.2%	90,5 k €	-47.9%	173,7 k €	+104%	85,1 k €	+2932%	2,8 k €
Net result	-10,9 k €	-124%	46,1 k €	+153%	-86,4 k €	-729%	-10,4 k €	-178%	13,4 k €	+246%	3,9 k €	+0.4%	3,9 k €	-89.0%	35 k €	-53.9%	76 k €	+18.7%	64 k €	+43.9%	44,5 k €	+27.2%	35 k €	-34.0%	53 k €	-43.3%	93,4 k €	+1114%	7,7 k €	-76.6%	32,8 k €	-69.6%	107,9 k €	+160%	41,6 k €	+17495%	-239 €
Balance sheet
Equity	472,1 k €	-2.3%	483,1 k €	+10.6%	436,9 k €	-16.5%	523,4 k €	-2.0%	533,8 k €	+2.6%	520,4 k €	+0.8%	516,5 k €	+0.8%	512,6 k €	+7.3%	477,6 k €	+18.9%	401,6 k €	+19.0%	337,6 k €	+15.2%	293,1 k €	+13.5%	258,2 k €	+25.8%	205,2 k €	+12.9%	181,8 k €	+4.4%	174,1 k €	+1.6%	171,3 k €	+65.7%	103,3 k €	+67.3%	61,8 k €
Total assets	502,2 k €	-8.9%	551,3 k €	+0.1%	550,8 k €	-16.5%	659,3 k €	-3.0%	679,9 k €	-1.0%	686,6 k €	+24.5%	551,7 k €	+2.5%	538,4 k €	-4.1%	561,4 k €	+26.4%	444,2 k €	+14.6%	387,6 k €	-3.3%	401 k €	+3.3%	388 k €	-5.8%	412,1 k €	-1.8%	419,5 k €	-9.7%	464,4 k €	-5.9%	493,3 k €	-16.0%	587,2 k €	+60.5%	365,8 k €
Cash	419,1 k €	-14.8%	491,6 k €	+30.1%	377,8 k €	+1158%	30 k €	+41.9%	21,2 k €	-10.1%	23,5 k €	+562%	3,6 k €	-59.6%	8,8 k €	+378%	1,8 k €	-81.6%	10 k €	+1480%	630,6 €	-85.1%	4,2 k €	+34.3%	3,1 k €	+17.0%	2,7 k €	-39.1%	4,4 k €	-61.4%	11,4 k €	-40.6%	19,2 k €	+1403%	1,3 k €	+57.1%	814 €
Debts	30 k €	-56.0%	68,2 k €	-40.1%	113,9 k €	-16.2%	135,9 k €	-7.0%	146,1 k €	-12.1%	166,3 k €	+373%	35,2 k €	+36.7%	25,7 k €	-69.3%	83,8 k €	+102%	41,6 k €	-16.9%	50 k €	-53.6%	107,8 k €	-17.0%	129,9 k €	-37.2%	207 k €	-13.0%	237,8 k €	-18.1%	290,3 k €	-8.8%	318,5 k €	-34.2%	483,8 k €	+59.1%	304 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		–		–		–		0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP	+66.7%	0,3 ETP		–

Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 13 ended

Active mandates

Geoffrey Staar

Managing director

Active

Jenna Staar

Director

Active

Ended mandates

Geoffrey STAAR

Director · since 30 juin 2021 · until 30 juin 2027

Ended

Larissa STAAR

Managing director · since 30 juin 2021 · until 30 juin 2027

Ended

Patrick STAAR

Managing director · since 30 juin 2021 · until 30 juin 2027

Ended

Geoffrey STAAR

Director · since 17 juin 2015 · until 17 juin 2021

Ended

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	02/07/2025	06/08/2024	28/08/2023	25/08/2022	30/08/2021	02/11/2020
General meeting	30/06/2025	01/08/2024	25/08/2023	30/06/2022	30/06/2021	30/06/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

49 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2024	30/06/2025	02/07/2025	French	PDF
Micro model	31/12/2023	01/08/2024	06/08/2024	French	PDF
Micro model	31/12/2022	25/08/2023	28/08/2023	French	PDF
Micro model	31/12/2021	30/06/2022	25/08/2022	French	PDF
Micro model	31/12/2020	30/06/2021	30/08/2021	French	PDF
Micro model	31/12/2019	30/06/2020	02/11/2020	French	PDF
Micro model	31/12/2018	30/06/2019	29/08/2019	French	PDF
Micro model	31/12/2017	29/06/2018	10/09/2018	French	PDF
Micro model	31/12/2016	30/06/2017	30/08/2017	French	PDF
Abridged model	31/12/2015	24/06/2016	30/08/2016	French	PDF
Abridged model	31/12/2014	17/06/2015	07/07/2015	French	PDF
Abridged model	31/12/2013	19/05/2014	21/05/2014	French	PDF
Abridged model	31/12/2012	26/08/2013	27/08/2013	French	PDF
Abridged model	31/12/2011	06/04/2012	13/08/2012	French	PDF
Abridged model	31/12/2010	01/04/2011	22/08/2011	French	PDF
Abridged model	31/12/2009	02/04/2010	26/08/2010	French	PDF
Abridged model	31/12/2008	03/04/2009	26/08/2009	French	PDF
Abridged model	31/12/2007	04/04/2008	30/07/2008	French	PDF
Abridged model	31/12/2006	06/04/2007	07/06/2007	French	PDF
Abridged model	31/12/2005	07/04/2006	07/08/2006	French	PDF
Abridged model	31/12/2004	27/06/2005	28/07/2005	French	PDF
Abridged model	31/12/2003	29/06/2004	30/07/2004	French	PDF
Abridged model	31/12/2002	30/06/2003	29/07/2003	French	PDF
Abridged model	31/12/2001	30/06/2002	05/08/2002	French	PDF

View all 49 filings

Estimate

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.

Discover the Business plan

Disclaimer

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

Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 13 ended

Active mandates

Geoffrey Staar

Managing director

Active

Jenna Staar

Director

Active

Ended mandates

Geoffrey STAAR

Director · since 30 juin 2021 · until 30 juin 2027

Ended

Larissa STAAR

Managing director · since 30 juin 2021 · until 30 juin 2027

Ended

Patrick STAAR

Managing director · since 30 juin 2021 · until 30 juin 2027

Ended

Geoffrey STAAR

Director · since 17 juin 2015 · until 17 juin 2021

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Dissolution02/01/2026
RUBRIQUE FIN (CESSATION, ANNULATION CESSATION, NULLITE, CONC, REORGANISATION JUDICIAIRE, ETC...) - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring05/11/2025
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates15/09/2025
SIEGE SOCIAL - ADRESSE AUTRE QUE SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Mandates11/02/2025
SIEGE SOCIAL - ADRESSE AUTRE QUE SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Mandates30/08/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DEMISSIONS, NOMINATIONS
PDF
Registered office05/01/2018
SIEGE SOCIAL
PDF
Mandates19/07/2017
DEMISSIONS, NOMINATIONS
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

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

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Staar Development Company

Overview

What does Staar Development Company do?

Trend over 19 financial years

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline