ACTIVE

STARTEC

Financial year 2025 · closed on 31/12/2025
Net result
1,7 k €
+482.1% YoY
Gross margin
4 k €
+134.2% YoY
Equity
-28,7 k €
+5.6% YoY

What does STARTEC do?

STARTEC is a Private limited company incorporated in 1991. Its main activity is: Management consultancy activities. Its registered office is in Waterloo.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0445.649.078
Incorporation
07/11/1991
Legal form
Private limited company
Registered office
Avenue d'Arromanches 20
1410 Waterloo · WallonieSee on map
Contributed capital
18 592,00 €
Latest accounts
31/12/2025
Signals
ProfitablePositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin4 k €1,7 k €1 k €4,9 k €3,4 k €6,3 k €2,9 k €9,8 k €3,8 k €2,7 k €1,3 k €10,1 k €19,2 k €22,5 k €18,3 k €12,8 k €-4,5 k €-6,8 k €-15,1 k €9,3 k €
EBITDA3 k €623 €80 €4 k €2,5 k €5,5 k €2 k €9,1 k €2,9 k €1,8 k €48 €9,3 k €18 k €21,8 k €17,1 k €11,9 k €-6,1 k €-10 k €-16,7 k €7,4 k €
Operating result1,8 k €623 €80 €2,2 k €-1,8 k €1,2 k €-2,2 k €-1,5 k €-1,4 k €1,4 k €-368 €8,9 k €17,6 k €13,2 k €8,4 k €3 k €-18,1 k €-22 k €-22,2 k €5,2 k €
Net result1,7 k €290 €-1,1 k €1,7 k €-2,5 k €306 €-3,3 k €-2,5 k €-1,6 k €552 €-1,4 k €8,5 k €16,2 k €9,3 k €5,5 k €1,5 k €-19,7 k €-23,9 k €-23,1 k €1,7 k €
Balance sheet
Equity-28,7 k €-30,4 k €-30,7 k €-29,6 k €-31,3 k €-28,7 k €-29 k €-25,8 k €-23,2 k €-21,6 k €-22,2 k €-20,8 k €-29,3 k €-45,4 k €-54,7 k €-60,2 k €-61,8 k €-42 k €-18,2 k €4,9 k €
Total assets12,7 k €2 k €6,1 k €6,1 k €7,5 k €12,9 k €16 k €19,9 k €32 k €17,7 k €22,9 k €36,5 k €44,6 k €47 k €49,6 k €67,2 k €69,3 k €73 k €63,7 k €32,7 k €
Cash121 €59 €51 €34 €1,4 k €1,1 k €362 €168 €685 €
Debts41,4 k €32,3 k €36,8 k €35,7 k €38,8 k €41,7 k €45 k €45,6 k €55,3 k €39,3 k €45,1 k €57,3 k €73,9 k €92,5 k €104,3 k €127,5 k €131,1 k €115 k €81,9 k €27,8 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active

Active mandates

JEAN-CLAUDE DE SMET

Manager

Active
At this address

Other companies at this address

CompanyCBE no.
NATENICLiquidation
0433.883.275
SPORTIMActive
0419.829.460
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date10/08/202625/08/202522/08/202425/08/202326/08/202216/08/2021
General meeting30/06/202630/06/202530/06/202430/06/202330/06/202230/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202530/06/202610/08/2026FrenchPDF
Micro model31/12/202430/06/202525/08/2025FrenchPDF
Micro model31/12/202330/06/202422/08/2024FrenchPDF
Micro model31/12/202230/06/202325/08/2023FrenchPDF
Micro model31/12/202130/06/202226/08/2022FrenchPDF
Micro model31/12/202030/06/202116/08/2021FrenchPDF
Micro model31/12/201930/06/202014/08/2020FrenchPDF
Micro model31/12/201830/06/201912/08/2019FrenchPDF
Micro model31/12/201730/06/201824/08/2018FrenchPDF
Abridged model31/12/201630/06/201722/08/2017FrenchPDF
Abridged model31/12/201530/06/201625/08/2016FrenchPDF
Abridged model31/12/201430/06/201526/08/2015FrenchPDF
Abridged model31/12/201330/06/201429/08/2014FrenchPDF
Abridged model31/12/201230/06/201323/08/2013FrenchPDF
Abridged model31/12/201130/06/201229/08/2012FrenchPDF
Abridged model31/12/201030/06/201129/08/2011FrenchPDF
Abridged model31/12/200930/06/201030/08/2010FrenchPDF
Abridged model31/12/200830/06/200931/07/2009FrenchPDF
Abridged model31/12/200730/06/200829/07/2008FrenchPDF
Abridged model31/12/200630/06/200730/08/2007FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 31/12/2025 · 1 active

Active mandates

JEAN-CLAUDE DE SMET

Manager

Active
Shareholders

Ownership and network

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Competition

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 20251,7 k €
  2. 2024
    Annual accounts 2024290 €
  3. 2023
    Annual accounts 2023-1,1 k €
  4. 2022
    Annual accounts 20221,7 k €
  5. 2021
    Annual accounts 2021-2,5 k €
  6. 2020
    Annual accounts 2020306 €
  7. 2019
    Annual accounts 2019-3,3 k €
  8. 2018
    Annual accounts 2018-2,5 k €
  9. 2017
    Annual accounts 2017-1,6 k €
  10. 2016
    Annual accounts 2016552 €
  11. 2015
    Annual accounts 2015-1,4 k €
  12. 2014
    Annual accounts 20148,5 k €
  13. 2013
    Annual accounts 201316,2 k €
  14. 2012
    Annual accounts 20129,3 k €
  15. 2011
    Annual accounts 20115,5 k €
  16. 2010
    Annual accounts 20101,5 k €
  17. 2009
    Annual accounts 2009-19,7 k €
  18. 2008
    Annual accounts 2008-23,9 k €
  19. 2007
    Annual accounts 2007-23,1 k €
  20. 2006
    Annual accounts 20061,7 k €
  21. 07/11/1991
    IncorporationPrivate limited company