ACTIVE

STARTX

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Financial year 2025 · closed on 31/12/2025

Net result

45,3 k €

-28.4% YoY

Gross margin

82,7 k €

-24.6% YoY

Equity

246,9 k €

+9.4% YoY

What does STARTX do?

STARTX is a Private limited company incorporated in 2007. Its main activity is: Computer consultancy activities. Its registered office is in Antwerpen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0894.092.649

Incorporation

11/12/2007

Legal form

Private limited company

Registered office

Marialei 73 box 8
2018 Antwerpen · FlandreSee on map

Contributed capital

6 200,00 €

Latest accounts

31/12/2025

Activities (NACE)

62020Computer consultancy activities· main 62200Computer programming, consultancy and related activities 43211Electrical installation 43211Electrical installation 43350Building completion and finishing 43390Other building completion and finishing+8

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	82,7 k €	-24.6%	109,6 k €	-0.3%	110 k €	+37.7%	79,9 k €	-31.5%	116,5 k €	+13.2%	103 k €	+14.5%	89,9 k €	+8.4%	83 k €	-11.7%	93,9 k €	+69.0%	55,6 k €	+11.6%	49,8 k €	+64.4%	30,3 k €	+61.6%	18,7 k €	+76.9%	10,6 k €	+166%	4 k €	+14.4%	3,5 k €	+55.7%	2,2 k €	+82.0%	1,2 k €
EBITDA	80,8 k €	-24.7%	107,3 k €	+4.2%	102,9 k €	+36.7%	75,3 k €	+66.0%	45,4 k €	+81.2%	25 k €	-14.9%	29,4 k €	+94.3%	15,1 k €	-60.1%	37,9 k €	+16.1%	32,7 k €	-1.5%	33,2 k €	+23.3%	26,9 k €	+54.7%	17,4 k €	+83.0%	9,5 k €	+203%	3,1 k €	+13.1%	2,8 k €	+39.6%	2 k €	+103%	978,2 €
Operating result	65,8 k €	-30.0%	94 k €	+2.6%	91,6 k €	+37.6%	66,6 k €	+76.2%	37,8 k €	+115%	17,5 k €	-18.5%	21,5 k €	+407%	4,2 k €	-83.9%	26,4 k €	+26.3%	20,9 k €	-12.3%	23,8 k €	+57.8%	15,1 k €	+149%	6,1 k €	+24.4%	4,9 k €	+427%	923,7 €	+97.9%	466,9 €	-50.1%	936,3 €	+347%	209,6 €
Net result	45,3 k €	-28.4%	63,2 k €	-0.8%	63,7 k €	+34.2%	47,5 k €	+79.5%	26,5 k €	+142%	10,9 k €	-17.8%	13,3 k €	+1662%	753,5 €	-94.9%	14,9 k €	+22.8%	12,1 k €	-17.0%	14,6 k €	+69.8%	8,6 k €	+448%	-2,5 k €	-168%	3,6 k €	+831%	390,8 €	+46.2%	267,4 €	-56.2%	610,7 €	+2044%	28,5 €
Balance sheet
Equity	246,9 k €	+9.4%	225,8 k €	+22.3%	184,6 k €	+44.2%	128 k €	+16.2%	110,2 k €	+31.6%	83,7 k €	+15.0%	72,8 k €	+22.3%	59,5 k €	+1.3%	58,8 k €	+33.8%	43,9 k €	+38.0%	31,8 k €	+84.5%	17,3 k €	+99.1%	8,7 k €	-22.2%	11,1 k €	+48.5%	7,5 k €	+5.5%	7,1 k €	+3.9%	6,8 k €	+9.8%	6,2 k €
Total assets	413,1 k €	+58.8%	260,2 k €	+28.2%	202,9 k €	+27.0%	159,8 k €	+7.3%	148,9 k €	+2.1%	145,8 k €	+5.4%	138,3 k €	-0.3%	138,8 k €	-6.1%	147,8 k €	+8.0%	136,9 k €	+2.1%	134 k €	+9.8%	122,1 k €	+6.2%	115 k €	+234%	34,5 k €	+156%	13,4 k €	-10.5%	15 k €	+32.6%	11,3 k €	+55.6%	7,3 k €
Cash	46 k €	-71.3%	160,1 k €	+54.2%	103,8 k €	+117%	47,8 k €	+75.0%	27,3 k €	+104%	13,4 k €	+199%	4,5 k €	-69.5%	14,7 k €	+155%	5,8 k €	-53.1%	12,3 k €	-49.0%	24,2 k €	+78.3%	13,5 k €	+189%	4,7 k €	-70.7%	16 k €	+163%	6,1 k €	+1809%	318,1 €	-84.0%	2 k €	+88.9%	1,1 k €
Debts	166,3 k €	+383%	34,4 k €	+87.5%	18,4 k €	-42.2%	31,8 k €	-18.0%	38,7 k €	-37.6%	62,1 k €	-5.2%	65,5 k €	-17.4%	79,2 k €	-11.0%	89 k €	-4.2%	92,9 k €	-9.1%	102,2 k €	-2.5%	104,8 k €	-1.4%	106,3 k €	+356%	23,3 k €	+293%	5,9 k €	-24.8%	7,9 k €	+76.3%	4,5 k €	+327%	1 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		0,3 ETP	+50.0%	0,2 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 31/12/2025 · 2 active · 6 ended

Active mandates

Seppe Reijniers

Director · since 11 décembre 2007

Active

Simon Janssens

Director · since 11 décembre 2007

Active

Ended mandates

Seppe REIJNIERS

Director · since 06 novembre 2023

Ended

Simon Janssens

Director · since 06 novembre 2023

Ended

Seppe Reijniers

Manager

Ended

Seppe REIJNIERS

Director

Ended

At this address

Other companies at this address

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BONANZA.TV● Active	0849.240.344
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GROOTDRUK● Active	0675.424.658
Pumo Consulting● Active	1010.320.425
WIVEST● Active	0435.580.082
ZenZip-it● Active	1018.862.066

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	31/08/2026	13/08/2025	15/07/2024	18/08/2023	25/07/2022	08/07/2021
General meeting	30/06/2026	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	30/06/2026	31/08/2026	Dutch	PDF
Micro model	31/12/2024	30/06/2025	13/08/2025	Dutch	PDF
Micro model	31/12/2023	30/06/2024	15/07/2024	Dutch	PDF
Micro model	31/12/2022	30/06/2023	18/08/2023	Dutch	PDF
Micro model	31/12/2021	30/06/2022	25/07/2022	Dutch	PDF
Micro model	31/12/2020	30/06/2021	08/07/2021	Dutch	PDF
Micro model	31/12/2019	30/06/2020	02/07/2020	Dutch	PDF
Micro model	31/12/2018	30/06/2019	26/07/2019	Dutch	PDF
Micro model	31/12/2017	30/06/2018	31/07/2018	Dutch	PDF
Micro model	31/12/2016	30/06/2017	11/07/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	05/07/2016	Dutch	PDF
Abridged model	31/12/2014	30/06/2015	23/07/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	10/07/2014	Dutch	PDF
Abridged model	31/12/2012	30/06/2013	19/08/2013	Dutch	PDF
Abridged model	31/12/2011	30/06/2012	07/08/2012	Dutch	PDF
Abridged model	31/12/2010	30/06/2011	29/07/2011	Dutch	PDF
Abridged model	31/12/2009	30/06/2010	26/07/2010	Dutch	PDF
Abridged model	31/12/2008	30/06/2009	31/07/2009	Dutch	PDF

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 · 2 active · 6 ended

Active mandates

Seppe Reijniers

Director · since 11 décembre 2007

Active

Simon Janssens

Director · since 11 décembre 2007

Active

Ended mandates

Seppe REIJNIERS

Director · since 06 novembre 2023

Ended

Simon Janssens

Director · since 06 novembre 2023

Ended

Seppe Reijniers

Manager

Ended

Seppe REIJNIERS

Director

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates27/11/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Registered office17/09/2014
MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL
PDF
Other19/12/2007
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

2025
Annual accounts 202545,3 k €↓
2024
Annual accounts 202463,2 k €↓
2023
Annual accounts 202363,7 k €↑
2022
Annual accounts 202247,5 k €↑
2021
Annual accounts 202126,5 k €↑
2020
Annual accounts 202010,9 k €↓
2019
Annual accounts 201913,3 k €↑
2018
Annual accounts 2018753,5 €↓
2017
Annual accounts 201714,9 k €↑
2016
Annual accounts 201612,1 k €↓
2015
Annual accounts 201514,6 k €↑
2014
Annual accounts 20148,6 k €↑
2013
Annual accounts 2013-2,5 k €↓
2012
Annual accounts 20123,6 k €↑
2011
Annual accounts 2011390,8 €↑
2010
Annual accounts 2010267,4 €↓
2009
Annual accounts 2009610,7 €↑
2008
Annual accounts 200828,5 €
11/12/2007
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

STARTX

Overview

What does STARTX do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

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