ACTIVE

STARFIN

Financial year 2025 · Closed on 30/11/2025

Net result
5,2 M €
-84,8 %over 1 year
Gross margin
453,9 k €
+44,8 %over 1 year
Equity
140,6 M €
+3,5 %over 1 year
Workforce
0,0 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)
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin453,9 k €313,5 k €446,4 k €15,2 k €308,9 k €
EBITDA393,6 k €277 k €412,3 k €-16,3 k €272,7 k €
Operating result-89,1 k €-222,7 k €148,9 k €-266,9 k €20,1 k €
Net result5,2 M €34,5 M €2,7 M €3,4 M €11,1 M €
Balance sheet
Equity140,6 M €135,9 M €102,4 M €100,7 M €98,3 M €
Total assets142,2 M €138,2 M €104,3 M €102,3 M €99,8 M €
Cash12 M €9,7 M €13,9 M €11,1 M €13,7 M €
Debts1,6 M €2,3 M €1,9 M €1,5 M €1,5 M €
Other
Workforce0,0 ETP0,0 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 · 20 ended

Active mandates

DOMINIQUE OLLEVIER

Director · since 24 septembre 2020 · until 04 mai 2026

Active
JOSEPH VAN BELLE

Director · since 24 septembre 2020 · until 04 mai 2026

Active
LAURENT POULET

Managing director · since 24 septembre 2020 · until 04 mai 2026

Active

Ended mandates

Dominique Ollevier

Director · since 24 septembre 2020 · until 23 septembre 2026

Ended
Jos Van Belle

Director · since 24 septembre 2020 · until 23 septembre 2026

Ended
Laurent Poulet

Managing director · since 24 septembre 2020 · until 23 septembre 2026

Ended
Marc Poulet

Director · since 24 septembre 2020 · until 29 avril 2021

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/12/202401/12/202301/12/202201/12/202101/12/202001/12/2019
Closing of the financial year30/11/202530/11/202430/11/202330/11/202230/11/202130/11/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/05/202619/05/202521/05/202412/05/202310/03/202225/05/2021
General meeting04/05/202602/05/202503/05/202405/05/202314/02/202207/05/2021
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, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/11/202504/05/202629/05/2026DutchPDF
Abridged model30/11/202402/05/202519/05/2025DutchPDF
Abridged model30/11/202303/05/202421/05/2024DutchPDF
Abridged model30/11/202205/05/202312/05/2023DutchPDF
Abridged model30/11/202114/02/202210/03/2022DutchPDF
Abridged model30/11/202007/05/202125/05/2021DutchPDF
Abridged model30/11/201902/05/202005/05/2020DutchPDF
Abridged model30/11/201803/05/201911/05/2019DutchPDF
Abridged model30/11/201704/05/201807/05/2018DutchPDF
Abridged model30/11/201605/05/201712/05/2017DutchPDF
Abridged model30/11/201506/05/201613/05/2016DutchPDF
Abridged model30/11/201402/05/201504/05/2015DutchPDF
Abridged model30/11/201302/05/201414/05/2014DutchPDF
Abridged model30/11/201203/05/201317/05/2013DutchPDF
Abridged model30/11/201104/05/201215/05/2012DutchPDF
Abridged model30/11/201006/05/201119/05/2011DutchPDF
Abridged model30/11/200907/05/201019/05/2010DutchPDF
Abridged model30/11/200804/05/200908/05/2009DutchPDF
Abridged model30/11/200702/05/200807/05/2008DutchPDF
Abridged model30/11/200604/05/200723/05/2007DutchPDF

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 · 20 ended

Active mandates

DOMINIQUE OLLEVIER

Director · since 24 septembre 2020 · until 04 mai 2026

Active
JOSEPH VAN BELLE

Director · since 24 septembre 2020 · until 04 mai 2026

Active
LAURENT POULET

Managing director · since 24 septembre 2020 · until 04 mai 2026

Active

Ended mandates

Dominique Ollevier

Director · since 24 septembre 2020 · until 23 septembre 2026

Ended
Jos Van Belle

Director · since 24 septembre 2020 · until 23 septembre 2026

Ended
Laurent Poulet

Managing director · since 24 septembre 2020 · until 23 septembre 2026

Ended
Marc Poulet

Director · since 24 septembre 2020 · until 29 avril 2021

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates24/07/2026
    ONTSLAGEN - BENOEMINGEN
    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

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 20255,2 M €↓
  2. 2024
    Annual accounts 202434,5 M €↑
  3. 2023
    Annual accounts 20232,7 M €↓
  4. 2022
    Annual accounts 20223,4 M €↓
  5. 2021
    Annual accounts 202111,1 M €↑
  6. 2020
    Annual accounts 20201,5 M €↓
  7. 2019
    Annual accounts 201947 M €↑
  8. 2018
    Annual accounts 20181 M €↓
  9. 2017
    Annual accounts 20171,8 M €↑
  10. 2016
    Annual accounts 20161,2 M €↑
  11. 2015
    Annual accounts 2015680 k €↓
  12. 2014
    Annual accounts 20141,2 M €↓
  13. 2013
    Annual accounts 20131,6 M €↑
  14. 2012
    Annual accounts 20121,5 M €↓
  15. 2011
    Annual accounts 20119,4 M €↑
  16. 2010
    Annual accounts 20101,3 M €↓
  17. 2009
    Annual accounts 20093 M €↑
  18. 2008
    Annual accounts 2008933,1 k €↓
  19. 2007
    Annual accounts 20072,7 M €↑
  20. 2006
    Annual accounts 2006429,4 k €
  21. 30/06/1999
    IncorporationPublic limited company