ACTIVE

STARFIN

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Financial year 2025 · Closed on 30/11/2025

Net result5,2 M €-84,8 %over 1 year

Gross margin453,9 k €+44,8 %over 1 year

Equity140,6 M €+3,5 %over 1 year

Workforce0,0 ETP

Identity

Source · BCE/KBO

STARFIN is a Public limited company incorporated in 1999. Its registered office is in Wemmel.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0466.380.057
Incorporation: 30/06/1999
Legal form: Public limited company
Registered office: Avenue J. Van Gijsel 61
1780 Wemmel · FlandreSee on map
Contributed capital: 12 291 000,00 €
Latest accounts: 30/11/2025
Average workforce: 0,0 ETP

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	453,9 k €	+44.8%	313,5 k €	-29.8%	446,4 k €	+2839%	15,2 k €	-95.1%	308,9 k €
EBITDA	393,6 k €	+42.1%	277 k €	-32.8%	412,3 k €	+2637%	-16,3 k €	-106%	272,7 k €
Operating result	-89,1 k €	+60.0%	-222,7 k €	-250%	148,9 k €	+156%	-266,9 k €	-1426%	20,1 k €
Net result	5,2 M €	-84.8%	34,5 M €	+1199%	2,7 M €	-23.0%	3,4 M €	-69.0%	11,1 M €
Balance sheet
Equity	140,6 M €	+3.5%	135,9 M €	+32.7%	102,4 M €	+1.6%	100,7 M €	+2.5%	98,3 M €
Total assets	142,2 M €	+2.9%	138,2 M €	+32.5%	104,3 M €	+2.0%	102,3 M €	+2.5%	99,8 M €
Cash	12 M €	+23.5%	9,7 M €	-30.0%	13,9 M €	+25.0%	11,1 M €	-18.8%	13,7 M €
Debts	1,6 M €	-30.5%	2,3 M €	+20.3%	1,9 M €	+25.8%	1,5 M €	-0.4%	1,5 M €
Other
Workforce	0,0 ETP		0,0 ETP		–		–		–

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Board of directors

Source · NBB, accounts to 30/11/2025

3 active · 5 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Dominique Ollevier	Director17/04/2012 → 23/09/2026
JOSEPH VAN BELLE	Director24/09/2020 → 04/05/2026
Laurent Poulet	Managing director17/04/2012 → 23/09/2026

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Jos Van Belle	Director24/09/2020 → 2023 accounts
Marc Poulet	Director05/05/2017 → 2020 accounts
Louis HEYVAERT	Director06/05/2013 → 2013 accounts

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/12/2024	01/12/2023	01/12/2022	01/12/2021	01/12/2020	01/12/2019
Closing of the financial year	30/11/2025	30/11/2024	30/11/2023	30/11/2022	30/11/2021	30/11/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/05/2026	19/05/2025	21/05/2024	12/05/2023	10/03/2022	25/05/2021
General meeting	04/05/2026	02/05/2025	03/05/2024	05/05/2023	14/02/2022	07/05/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/11/2025	04/05/2026	29/05/2026	Dutch	PDF
Abridged model	30/11/2024	02/05/2025	19/05/2025	Dutch	PDF
Abridged model	30/11/2023	03/05/2024	21/05/2024	Dutch	PDF
Abridged model	30/11/2022	05/05/2023	12/05/2023	Dutch	PDF
Abridged model	30/11/2021	14/02/2022	10/03/2022	Dutch	PDF
Abridged model	30/11/2020	07/05/2021	25/05/2021	Dutch	PDF
Abridged model	30/11/2019	02/05/2020	05/05/2020	Dutch	PDF
Abridged model	30/11/2018	03/05/2019	11/05/2019	Dutch	PDF
Abridged model	30/11/2017	04/05/2018	07/05/2018	Dutch	PDF
Abridged model	30/11/2016	05/05/2017	12/05/2017	Dutch	PDF
Abridged model	30/11/2015	06/05/2016	13/05/2016	Dutch	PDF
Abridged model	30/11/2014	02/05/2015	04/05/2015	Dutch	PDF
Abridged model	30/11/2013	02/05/2014	14/05/2014	Dutch	PDF
Abridged model	30/11/2012	03/05/2013	17/05/2013	Dutch	PDF
Abridged model	30/11/2011	04/05/2012	15/05/2012	Dutch	PDF
Abridged model	30/11/2010	06/05/2011	19/05/2011	Dutch	PDF
Abridged model	30/11/2009	07/05/2010	19/05/2010	Dutch	PDF
Abridged model	30/11/2008	04/05/2009	08/05/2009	Dutch	PDF
Abridged model	30/11/2007	02/05/2008	07/05/2008	Dutch	PDF
Abridged model	30/11/2006	04/05/2007	23/05/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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.

Board of directors

Source · NBB, accounts to 30/11/2025

3 active · 5 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Dominique Ollevier	Director17/04/2012 → 23/09/2026
JOSEPH VAN BELLE	Director24/09/2020 → 04/05/2026
Laurent Poulet	Managing director17/04/2012 → 23/09/2026

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Jos Van Belle	Director24/09/2020 → 2023 accounts
Marc Poulet	Director05/05/2017 → 2020 accounts
Louis HEYVAERT	Director06/05/2013 → 2013 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates24/07/2026
Herbenoeming (gedelegeerd) bestuurder(s)
PDF
Mandates12/05/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/09/2020
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Capital / shares28/09/2017
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates07/06/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/05/2015
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares12/12/2013
KAPITAAL - AANDELEN
PDF
Mandates13/06/2013
ONTSLAGEN - BENOEMINGEN
PDF

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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

Incorporation

Name

Registered office

Annual accounts

Filings20 filings

Mandates

DOMINIQUE OLLEVIER

JOSEPH VAN BELLE

LAURENT POULET

Marc Poulet

Jos Van Belle

Louis HEYVAERT

Jean Pierre POULET

LouisBestuurder HEYVAERT

1999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

STARFIN

Avenue J. Van Gijsel 61, 1780 Wemmel

Director

Managing director

Director

Managing director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Avenue J. Van Gijsel 61, 1780 WemmelCurrent	accounts 2022 → 2025	Accounts 2025 · 2026-00130643

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
STARFINCurrent	accounts 2022 → 2025	Accounts 2025 · 2026-00130643

Events

2025
Annual accounts 20255,2 M €↓
2024
Annual accounts 202434,5 M €↑
2023
Annual accounts 20232,7 M €↓
2022
Annual accounts 20223,4 M €↓
2021
Annual accounts 202111,1 M €↑
2020
Annual accounts 20201,5 M €↓
2019
Annual accounts 201947 M €↑
2018
Annual accounts 20181 M €↓
2017
Annual accounts 20171,8 M €↑
2016
Annual accounts 20161,2 M €↑
2015
Annual accounts 2015680 k €↓
2014
Annual accounts 20141,2 M €↓
2013
Annual accounts 20131,6 M €↑
2012
Annual accounts 20121,5 M €↓
2011
Annual accounts 20119,4 M €↑
2010
Annual accounts 20101,3 M €↓
2009
Annual accounts 20093 M €↑
2008
Annual accounts 2008933,1 k €↓
2007
Annual accounts 20072,7 M €↑
2006
Annual accounts 2006429,4 k €
30/06/1999
IncorporationPublic limited company

STARFIN

Overview

Identity

Financials

Valuation

Indicative valuation

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

Timeline

Registered offices

Company names

Events