ELECTRO STYLMAN
ActiveELECTRO STYLMAN has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €20k and a net result of €11k. Equity is growing by ~18.8% per year across the filed fiscal years. Its solvency ranks better than 14% of 7983 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
42
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability45▼-25
Solvency29▼-22
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity short (current ratio 0.97 against 1.24 in 2024; short-term debt: 93% and cash: 9.8% of total assets), and 95.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
4.4%
Return on assets
2.3%
Age of the figures
9 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 7983 sector peers (2025).
NBB · sector comparisonPosition among 7983 sector peers
Solvency
better than 14%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-04-2026, 99 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
99 d early
2024
3 d early
2023
29 d late
2022
31 d late
2021
31 d late
2020
28 d early
2019
31 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€20k▼ 83.0%
2024 · €120k
2019: €45k
2020: €33k
2021: €75k
2022: €76k
2023: €101k
2024: €120k
2019 → 2025
Total assets
€461k▲ 1.1%
2024 · €456k
2019: €414k
2020: €489k
2021: €434k
2022: €442k
2023: €483k
2024: €456k
2019 → 2025
Net result
€11k▼ 71.1%
2024 · €37k
2019: €38k
2020: €17k
2021: €29k
2022: €19k
2023: €42k
2024: €37k
2019 → 2025
Working capital
€-15k
2024 · €76k
2019: €-63k
2020: €-33k
2021: €-2k
2022: €11k
2023: €45k
2024: €76k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€75k-€76k▲ 2.1%€101k▲ 32.2%€120k▲ 19.2%€20k▼ 83.0%
Operating result€40k-€28k▼ 31.6%€57k▲ 108%€54k▼ 5.6%€16k▼ 70.8%
Net result€29k-€19k▼ 35.7%€42k▲ 123%€37k▼ 11.5%€11k▼ 71.1%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 71% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €461k
Fixed assets
€47k▼ 27.4%
Current assets
€414k▲ 5.7%
Equity and liabilities €461k
Equity
€20k▼ 83.0%
Debt
€440k▲ 31.2%
The debt ratio rises from 73.6% to 95.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€33k▼
2024 · €75k
Cash flow
€28k▼
2024 · €57k
Solvency
4.4%▼
2024 · 26.4%
Current ratio
0.97▼
2024 · 1.24
Quick ratio
0.17▼
2024 · 0.26
Debt / equity
21.53▲
2024 · 2.79
ROE
52.3%▲
2024 · 30.8%
ROA
2.3%▼
2024 · 8.1%
Interest coverage
2.85▼
2024 · 4.91
Debt
€440k▲
2024 · €336k
Debt ≤ 1 year
€429k▲
2024 · €316k
Debt > 1 year
€12k▼
2024 · €20k
Income taxes
€5k▼
2024 · €11k
Staff costs
€90k▲
2024 · €79k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€456k€461k▲
Fixed assets21/28€64k€47k▼
Intangible fixed assets21€33k€23k▼
Tangible fixed assets22/27€32k€24k▼
Furniture and vehicles24€716€358▼
Leasing and similar rights25€18k€12k▼
Other tangible fixed assets26€14k€12k▼
Current assets29/58€392k€414k▲
Stocks and contracts in progress3€310k€341k▲
Stocks30/36€310k€341k▲
Amounts receivable within one year40/41€24k€19k▼
Trade receivables40€20k€10k▼
Other amounts receivable41€5k€9k▲
Cash at bank and in hand54/58€57k€45k▼
Deferred charges and accrued income490/1-€9k
Equity and liabilities
Total equity and liabilities10/49€456k€461k▲
Equity10/15€120k€20k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€100k-
Amounts payable17/49€336k€440k▲
Amounts payable after more than one year17€20k€12k▼
Financial debts170/4€20k€12k▼
Amounts payable within one year42/48€316k€429k▲
Current portion of amounts payable after more than one year42€8k€8k▲
Financial debts43€141k€150k▲
Credit institutions430/8€141k€150k▲
Trade debts44€114k€131k▲
Suppliers440/4€114k€131k▲
Taxes, remuneration and social security45€24k€32k▲
Taxes450/3€10k€18k▲
Remuneration and social security454/9€14k€15k▲
Other amounts payable47/48€28k€107k▲
Income statement
Code20242025
Remuneration, social security and pensions62€79k€90k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€18k▼
Other operating charges640/8€6k€6k▲
Gross operating margin9900€159k€130k▼
Operating profit (loss)9901€54k€16k▼
Financial income75/76B€9k€11k▲
Recurring financial income75€9k€11k▲
Financial charges65/66B€15k€12k▼
Recurring financial charges65€15k€12k▼
Profit (loss) for the period before taxes9903€48k€15k▼
Income taxes67/77€11k€5k▼
Profit (loss) for the period9904€37k€11k▼
Profit (loss) for the period to be appropriated9905€37k€11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€118k€111k▼
Profit (loss) brought forward from the previous period14P€81k€100k▲
Profit to be distributed694/7€18k€111k▲
Return on contributions (dividend)694€18k€111k▲
Social balance
Average headcount (FTE)90871.61.6=
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €11k ▼71.1%
Net result drops to €11k, the lowest in the series.
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
31-12
Financial
Highest result since 2019net €42k ▲123%
Operating result €57k, net result €42k, both a record.
31-12
Financial
Equity above €100kEq €101k ▲32.2%
5 profitable years in a row build equity to €101k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
03-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Lanaken · 1 establishment unit since 2018
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Stationsstraat 953620 LanakenGround area
529 m²
Building footprint
456 m²
Volume, LiDAR
3,112 m³
Parcel 73042D0705/00V002, Flanders · tallest building 15.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
ELECTRO STYLMAN
since 20182.275.100.059
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73042D0705/00V002 | Flanders | 529 m² | 1 · 456 m² | 15.4 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 977 companies in sector 46431 we hold annual accounts for 705. 301 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-04-2018
Fiscal year end31-12
Activities, NACEBEL
46431Wholesale of electrical household appliances and audio-video equipment
47400Retail sale of information and communication equipment
47430Retail trade
47540Retail sale of electrical household appliances
47552Retail sale of lighting equipment
47553Retail trade
47592Retail trade
47593Retail trade
47781Retail sale of solid, liquid and gaseous fuels, excluding motor fuels
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.