ACTIVE

StarNet

Financial year 2025 · closed on 30/09/2025
Net result
19,4 k €
+235.1% YoY
Gross margin
538,2 k €
+29.4% YoY
Equity
151 k €
-30.7% YoY
Workforce
4,6 ETP
0.0% YoY

What does StarNet do?

StarNet is a Public limited company incorporated in 1998. Its main activity is: Computer programming activities. Its registered office is in Sint-Niklaas. It employs on average 4,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0462.602.304
Incorporation
11/02/1998
Legal form
Public limited company
Registered office
Zandstraat 4
9100 Sint-Niklaas · FlandreSee on map
Contributed capital
61 973,38 €
Latest accounts
30/09/2025
Average workforce
4,6 ETP
Joint committees (3)
  • 100
  • 200
  • 218
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin538,2 k €415,9 k €472,9 k €351,4 k €161,8 k €55,2 k €216,5 k €227,3 k €282,2 k €209,9 k €173 k €197,7 k €227,3 k €187,9 k €209,7 k €119,1 k €103,2 k €37,8 k €89,8 k €118,8 k €
EBITDA173,8 k €54 k €156,2 k €145,5 k €22,5 k €-41,5 k €68,5 k €39 k €96,6 k €76,3 k €43,9 k €59,8 k €91 k €93,1 k €100 k €46,3 k €51 k €-15,1 k €40,1 k €82,7 k €
Operating result48,4 k €-8 k €103,2 k €78,2 k €-20,6 k €-70,7 k €39,5 k €-1 k €74,9 k €49,9 k €18,3 k €19,2 k €16,2 k €68,1 k €80,8 k €28,7 k €31 k €-37,4 k €23 k €65,1 k €
Net result19,4 k €-14,4 k €69,2 k €71,1 k €-29,9 k €-73,6 k €18,8 k €40,8 k €25,1 k €1,6 k €251,8 €-369 €36,3 k €46,2 k €19,1 k €18,5 k €-43,9 k €13,9 k €45,2 k €
Balance sheet
Equity151 k €217,9 k €232,3 k €163,1 k €92 k €121,9 k €195,5 k €177,6 k €177,6 k €139 k €113,9 k €112,3 k €112 k €112,4 k €164,1 k €118 k €106,9 k €88,3 k €132,2 k €126,3 k €
Total assets1,1 M €1,6 M €1,2 M €1,2 M €1,1 M €761,4 k €1,1 M €1,3 M €821,4 k €1,1 M €443,2 k €808,6 k €850,9 k €674 k €1,1 M €452,9 k €545,2 k €381 k €488,1 k €465,7 k €
Cash187,3 k €507,8 k €164,9 k €147,5 k €180,3 k €121,8 k €203,9 k €119,2 k €95,3 k €148 k €35,3 k €233 k €231,7 k €88,9 k €158,4 k €111,5 k €269,7 k €41,1 k €45,1 k €97,6 k €
Debts967,3 k €1,4 M €925,2 k €942,9 k €970 k €587,6 k €844,2 k €1,1 M €614,7 k €753,5 k €326,6 k €694,9 k €736,3 k €560,1 k €893 k €332,3 k €436,8 k €284,8 k €354,3 k €261,9 k €
Other
Workforce4,6 ETP4,6 ETP4,6 ETP3,7 ETP3,5 ETP2,6 ETP2,8 ETP3,2 ETP4,8 ETP4,1 ETP3,4 ETP3,2 ETP3,5 ETP2,3 ETP2,4 ETP1,5 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 6 ended

Active mandates

An Van Broeck

Director · since 26 avril 2022 · until 31 mars 2027

Active
Eddy Muylaert

Managing director · since 26 avril 2022 · until 31 mars 2027

Active

Ended mandates

An Van Broeck

Director · since 01 mai 2013

Ended
Robert Muylaert

Director · since 06 février 2007

Ended
Eddy Muylaert

Managing director · since 11 février 1998

Ended
An Van Broeck

Director

Ended
At this address

Other companies at this address

CompanyCBE no.
StarEventActive
0563.935.828
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date01/06/202630/06/202526/04/202402/05/202330/11/202131/05/2021
General meeting29/05/202622/05/202528/03/202431/03/202326/11/202131/03/2021
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
Abridged model30/09/202529/05/202601/06/2026DutchPDF
Abridged model30/09/202422/05/202530/06/2025DutchPDF
Abridged model30/09/202328/03/202426/04/2024DutchPDF
Abridged model30/09/202231/03/202302/05/2023DutchPDF
Abridged model30/09/202126/11/202130/11/2021DutchPDF
Abridged model30/09/202031/03/202131/05/2021DutchPDF
Abridged model30/09/201931/03/202030/04/2020DutchPDF
Abridged model30/09/201828/03/201930/04/2019DutchPDF
Abridged model30/09/201730/03/201827/04/2018DutchPDF
Abridged model30/09/201630/03/201728/04/2017DutchPDF
Abridged model30/09/201531/03/201631/03/2016DutchPDF
Abridged model30/09/201426/03/201531/03/2015DutchPDF
Abridged model30/09/201331/03/201429/04/2014DutchPDF
Abridged model30/09/201231/03/201330/04/2013DutchPDF
Abridged model30/09/201110/11/201131/05/2012DutchPDF
Abridged model30/09/201031/03/201129/04/2011DutchPDF
Abridged model30/09/200931/03/201022/04/2010DutchPDF
Abridged model30/09/200826/03/200930/03/2009DutchPDF
Abridged model30/09/200731/03/200815/05/2008DutchPDF
Abridged model30/09/200631/03/200727/04/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

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 30/09/2025 · 2 active · 6 ended

Active mandates

An Van Broeck

Director · since 26 avril 2022 · until 31 mars 2027

Active
Eddy Muylaert

Managing director · since 26 avril 2022 · until 31 mars 2027

Active

Ended mandates

An Van Broeck

Director · since 01 mai 2013

Ended
Robert Muylaert

Director · since 06 février 2007

Ended
Eddy Muylaert

Managing director · since 11 février 1998

Ended
An Van Broeck

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates05/05/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office12/03/2018
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates08/05/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/06/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/06/2012
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/06/2007
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/06/2003
    ONTSLAGEN - BENOEMINGEN
    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

Timeline

  1. 2025
    Annual accounts 202519,4 k €
  2. 2024
    Annual accounts 2024-14,4 k €
  3. 2023
    Annual accounts 202369,2 k €
  4. 2022
    Annual accounts 202271,1 k €
  5. 2021
    Annual accounts 2021-29,9 k €
  6. 2020
    Annual accounts 2020-73,6 k €
  7. 2019
    Annual accounts 201918,8 k €
  8. 2018
    Annual accounts 2018
  9. 2017
    Annual accounts 201740,8 k €
  10. 2016
    Annual accounts 201625,1 k €
  11. 2015
    Annual accounts 20151,6 k €
  12. 2014
    Annual accounts 2014251,8 €
  13. 2013
    Annual accounts 2013-369 €
  14. 2012
    Annual accounts 201236,3 k €
  15. 2011
    Annual accounts 201146,2 k €
  16. 2010
    Annual accounts 201019,1 k €
  17. 2009
    Annual accounts 200918,5 k €
  18. 2008
    Annual accounts 2008-43,9 k €
  19. 2007
    Annual accounts 200713,9 k €
  20. 2006
    Annual accounts 200645,2 k €
  21. 11/02/1998
    IncorporationPublic limited company