ACTIVE

Starter Homes

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Financial year 2025 · closed on 31/12/2025
Net result
-24,9 k €
-39.5% YoY
Gross margin
-6,1 k €
-5.5% YoY
Equity
625,8 k €
-3.8% YoY

What does Starter Homes do?

Starter Homes is a Public limited company incorporated in 2009. Its main activity is: Development of building projects. Its registered office is in Zaventem.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0818.620.513
Incorporation
17/09/2009
Legal form
Public limited company
Registered office
Da Vincilaan 2 box 243
1930 Zaventem · FlandreSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2025
Activities (NACE)
41101Development of building projects· main68121Buying and selling of own real estate41102Development of building projects68122Buying and selling of own real estate
Signals
Solid equityLow riskGood liquidity
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2025202420232022202120202019201820172016201520142013201220112010
Income statement
Gross margin-6,1 k €-5,8 k €-2,1 k €5,9 k €-114,6 €-16,6 k €153,4 k €-85,6 k €-6,6 k €-42,7 k €-161,1 k €-68,5 k €-10,1 k €2,6 M €2,1 M €6,6 k €
EBITDA-9,4 k €-8 k €-3,4 k €-4,8 k €-1,6 k €-18 k €152,1 k €-86,9 k €-8,3 k €-43,6 k €-162,1 k €-68,9 k €-11,1 k €2,6 M €2,1 M €5,9 k €
Operating result-24,2 k €-17,2 k €-3,4 k €-4,8 k €1,2 k €-18 k €152,1 k €-78,4 k €-8,3 k €-26,6 k €-128,5 k €-28,1 k €-178,8 k €2,6 M €2,1 M €5,9 k €
Net result-24,9 k €-17,8 k €-3,9 k €-5,1 k €804,4 €-20,6 k €161,2 k €-78,5 k €-12,6 k €-26,7 k €-128,6 k €-28 k €-284,1 k €1,9 M €1,5 M €5,8 k €
Balance sheet
Equity625,8 k €650,7 k €668,6 k €672,5 k €677,6 k €676,8 k €697,4 k €536,2 k €614,7 k €627,3 k €654 k €782,7 k €2,2 M €2,5 M €1,2 M €64,8 k €
Total assets637,9 k €655,1 k €671,8 k €678,2 k €833,1 k €697,4 k €810 k €2,8 M €737,8 k €731,9 k €717 k €2,2 M €2,3 M €4 M €9,2 M €6,4 M €
Cash6 k €7,4 k €9,2 k €45,6 k €806,9 k €139,1 k €224,7 k €674,7 k €370 k €7 k €148,1 k €152,4 k €75,3 k €128,3 k €265,4 k €2,2 M €
Debts11,1 k €4,4 k €3,2 k €5,7 k €155,5 k €20,6 k €112,5 k €2,2 M €123,1 k €104,6 k €62,8 k €1,5 M €45,7 k €1,5 M €8,1 M €6,4 M €
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 31/12/2025 · 1 active · 12 ended

Active mandates

BUILDING INVESTMENT PROJECTS

Managing director · since 01 juillet 2025 · 0434.755.582

Represented by Bernard VAN CANNEYT

Active

Ended mandates

BUILDING INVESTMENT PROJECTS

Director · since 01 juillet 2019 · until 01 juillet 2025 · 0434.755.582

Represented by Bernard VAN CANNEYT

Ended
ADVIM

Director · since 20 août 2010 · until 10 mai 2016 · 0467.146.258

Represented by P Leclair

Ended
Compagnie de Terrains Européens

Managing director · since 20 août 2010 · until 10 mai 2016 · 0442.142.331

Represented by B Van Canneyt

Ended
G VOS

Director · since 20 août 2010 · until 10 mai 2016

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date17/07/202606/07/202517/07/202429/08/202323/08/202223/08/2021
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

16 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202617/07/2026DutchPDF
Abridged model31/12/202430/06/202506/07/2025DutchPDF
Abridged model31/12/202330/06/202417/07/2024DutchPDF
Abridged model31/12/202230/06/202329/08/2023DutchPDF
Abridged model31/12/202130/06/202223/08/2022DutchPDF
Abridged model31/12/202030/06/202123/08/2021DutchPDF
Abridged model31/12/201927/08/202026/09/2020DutchPDF
Abridged model31/12/201830/06/201919/08/2019DutchPDF
Abridged model31/12/201730/06/201827/08/2018DutchPDF
Abridged model31/12/201630/06/201721/08/2017DutchPDF
Abridged model31/12/201530/06/201623/08/2016DutchPDF
Abridged model31/12/201428/06/201521/08/2015DutchPDF
Abridged model31/12/201304/06/201401/07/2014DutchPDF
Abridged model31/12/201204/06/201412/06/2014DutchPDF
Abridged model31/12/201108/05/201227/08/2012DutchPDF
Abridged model31/12/201010/05/201128/06/2011DutchPDF
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 31/12/2025 · 1 active · 12 ended

Active mandates

BUILDING INVESTMENT PROJECTS

Managing director · since 01 juillet 2025 · 0434.755.582

Represented by Bernard VAN CANNEYT

Active

Ended mandates

BUILDING INVESTMENT PROJECTS

Director · since 01 juillet 2019 · until 01 juillet 2025 · 0434.755.582

Represented by Bernard VAN CANNEYT

Ended
ADVIM

Director · since 20 août 2010 · until 10 mai 2016 · 0467.146.258

Represented by P Leclair

Ended
Compagnie de Terrains Européens

Managing director · since 20 août 2010 · until 10 mai 2016 · 0442.142.331

Represented by B Van Canneyt

Ended
G VOS

Director · since 20 août 2010 · until 10 mai 2016

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office03/03/2026
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - MAATSCHAPPELIJKE ZETEL
    PDF
  • Other30/06/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ALGEMENE VERGADERING
    PDF
  • Mandates09/01/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other12/04/2016
    BENAMING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates18/07/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/04/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates31/08/2010
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other28/09/2009
    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. 2025
    Annual accounts 2025-24,9 k €↓
  2. 2024
    Annual accounts 2024-17,8 k €↓
  3. 2023
    Annual accounts 2023-3,9 k €↑
  4. 2022
    Annual accounts 2022-5,1 k €↓
  5. 2021
    Annual accounts 2021804,4 €↑
  6. 2020
    Annual accounts 2020-20,6 k €↓
  7. 2019
    Annual accounts 2019161,2 k €↑
  8. 2018
    Annual accounts 2018-78,5 k €↓
  9. 2017
    Annual accounts 2017-12,6 k €↑
  10. 2016
    Annual accounts 2016-26,7 k €↑
  11. 2015
    Annual accounts 2015-128,6 k €↓
  12. 2015
    Name changeStarter Homes
  13. 2014
    Annual accounts 2014-28 k €↑
  14. 2013
    Annual accounts 2013-284,1 k €↓
  15. 2012
    Annual accounts 20121,9 M €↑
  16. 2011
    Annual accounts 20111,5 M €↑
  17. 2010
    Annual accounts 20105,8 k €
  18. 2010
    Name changeLAMBERMONT GARDENS
  19. 17/09/2009
    IncorporationPublic limited company