ACTIVE

START FINANCE

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Financial year 2023 · closed on 31/12/2023
Net result
11,7 k €
+1119.0% YoY
Revenue
43,7 k €
+1084.9% YoY
Equity
16,2 k €
+321.2% YoY

What does START FINANCE do?

START FINANCE is a Private limited company incorporated in 2021. Its main activity is: Activities of insurance agents and brokers. Its registered office is in Koekelberg.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0773.913.213
Incorporation
15/09/2021
Legal form
Private limited company
Registered office
Boulevard Léopold II 216
1081 Koekelberg · BruxellesSee on map
Contributed capital
5 650,00 €
Latest accounts
31/12/2023
Activities (NACE)
66220Activities of insurance agents and brokers· main66220Activities of insurance agents and brokers
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 2 financial years

20232022
Income statement
Revenue43,7 k €3,7 k €
EBITDA16,7 k €-1 k €
Operating result15,8 k €-1 k €
Net result11,7 k €-1,2 k €
Balance sheet
Equity16,2 k €3,9 k €
Total assets55,1 k €31,3 k €
Cash40,2 k €21,6 k €
Debts38,9 k €27,4 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
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Annual accounts

Full financial information

20232022
Type of accountMicro modelMicro model
Start of the financial year01/01/202315/09/2021
Closing of the financial year31/12/202331/12/2022
Length of the financial year12 months16 months
Filing date20/01/202505/03/2024
General meeting30/06/202431/12/2023
Currency of the financial yearEUREUR
NBB quality labelSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

2 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202330/06/202420/01/2025DutchPDF
Micro model31/12/202231/12/202305/03/2024DutchPDF
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.

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office03/01/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other17/09/2021
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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. 2023
    Annual accounts 202311,7 k €↑
  2. 2022
    Annual accounts 2022-1,2 k €
  3. 15/09/2021
    IncorporationPrivate limited company