H&M STYLE

Active

Private limited companyfounded 20215 yrs activeJan Vanderstraetenstraat 13, 1600 Sint-Pieters-Leeuw, BelgiumKBO/BCE: BE 0770.731.415

The computed 12-month bankruptcy probability of H&M STYLE is 2.2% (moderate). The 2024 annual accounts show equity of €7k and a net result of €3k. Equity is growing by ~67.1% per year across the filed fiscal years. Its solvency ranks better than 28% of 26048 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

38 / 100

Weak

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability45=

Solvency32▲+2

Growth78=

Track record94

Bankruptcy probability, 12 months

2.2% Moderate

0%0.5%1.5%4%10%≥ 25%

No publishable credit limit; credit only on tighter terms

Liquidity tight (current ratio 1.06 against 1.05 in 2023; short-term debt: 93.1% and cash: 7.2% of total assets), and 93.1% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 47

Relative position

BE, all sectors

reference

Sector 47

higher

← fewer bankruptcies more bankruptcies →

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

6.9%

Return on assets

2.8%

Age of the figures

21 mo

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-09-2025, 41 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 3 filings

Deviation from the deadline

2025

not confirmed

2024

41 d late

2023

30 d early

2022

58 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€7k▲ 69.3%

2023 · €4k

2022: €1k 2023: €4k

2022 → 2024

Total assets

€102k▲ 15.2%

2023 · €88k

2022: €29k 2023: €88k

2022 → 2024

Net result

€3k▲ 6.9%

2023 · €3k

2022: €954 2023: €3k

2022 → 2024

Working capital

€6k▲ 45.6%

2023 · €4k

2022: €1k 2023: €4k

2022 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line202220232024Trend

Equity€1k-€4k▲ 184%€7k▲ 69.3%

Operating result€5k-€7k▲ 50.9%€6k▼ 14.6%

Net result€954-€3k▲ 181%€3k▲ 6.9%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result falls in 2024; 2024 is 15% below 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €102k

99.0%

Fixed assets €981

Current assets €101k

Equity and liabilities €102k

93.1%

Equity €7k▲ 69.3%

Debt €95k▲ 12.5%

The debt ratio falls from 95.3% to 93.1%. Equity and debt are higher.

Key figures and ratios

2024 value · change against 2023

EBITDA

€6k

Cash flow

€3k

Solvency

6.9%▲

2023 · 4.7%

Current ratio

1.06▲

2023 · 1.05

Quick ratio

0.61▼

2023 · 0.73

Debt / equity

13.55▼

2023 · 20.39

ROE

40.9%▼

2023 · 64.8%

ROA

2.8%▼

2023 · 3.0%

Interest coverage

2.77

Debt

€95k▲

2023 · €84k

Debt ≤ 1 year

€95k▲

2023 · €84k

Income taxes

€2k▼

2023 · €2k

Staff costs

€67k▲

2023 · €64k

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€88k€102k▲

Fixed assets21/28-€981

Tangible fixed assets22/27-€981

Land and buildings22-€981

Current assets29/58€88k€101k▲

Stocks and contracts in progress3€27k€43k▲

Stocks30/36€27k€43k▲

Amounts receivable within one year40/41€54k€50k▼

Other amounts receivable41€54k€50k▼

Cash at bank and in hand54/58€7k€7k=

Equity and liabilities

Total equity and liabilities10/49€88k€102k▲

Equity10/15€4k€7k▲

Contributions10/11€500€500=

Profit (loss) carried forward14€4k€7k▲

Amounts payable17/49€84k€95k▲

Amounts payable within one year42/48€84k€95k▲

Trade debts44€18k€8k▼

Suppliers440/4€18k€8k▼

Taxes, remuneration and social security45€66k€87k▲

Taxes450/3€57k€81k▲

Remuneration and social security454/9€9k€6k▼

Income statement Code20232024

Remuneration, social security and pensions62€64k€67k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€38

Other operating charges640/8€1k€4k▲

Gross operating margin9900€72k€77k▲

Operating profit (loss)9901€7k€6k▼

Financial income75/76B€153€1k▲

Recurring financial income75€153€1k▲

Financial charges65/66B€2k€2k▼

Recurring financial charges65€2k€2k▼

Profit (loss) for the period before taxes9903€5k€5k▼

Income taxes67/77€2k€2k▼

Profit (loss) for the period9904€3k€3k▲

Profit (loss) for the period to be appropriated9905€3k€3k▲

Appropriation of the result

Profit (loss) to be appropriated9906€4k€7k▲

Profit (loss) brought forward from the previous period14P€954€4k▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 4Financial 1Filings 3

2025

10-09

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 41 days late

2024

31-12

Financial Highest result since 2022net €3k ▲6.9%

Net result €3k, the highest in the series.

01-07

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

27-09

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 58 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

no sitting director, no change since 2025

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

04-12-2025 ULLAH Habib: Resigned as Director

08-08-2022 Imran Muhammad: Resigned as Director

Location & real-estate footprint

Registered office, Sint-Pieters-Leeuw

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.

Jan Vanderstraetenstraat 131600 Sint-Pieters-Leeuw

Ground area

350 m²

Building footprint

89 m²

Volume, LiDAR