Skip to content

Kelly Style

Active
Private limited companyfounded 1988active for 37 yearsNieuwstraat 41, 3300 Tienen, BelgiumKBO/BCE: BE 0436.122.094
Summary

The computed 12-month bankruptcy probability of Kelly Style is 2.1% (moderate). The 2025 annual accounts show negative equity (-€172,865) and a net result of -€50,201. Equity has been shrinking by about 17% per year since 2018. Its solvency ranks better than 10% of 22,774 sector peers (NACE 47, financial year 2025). The company has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 19-12-1988 Normal situation
Activity
Retail trade NACE 47722
Joint committee
201 Paritair Comité voor de zelfstandige kleinhandel · annual accounts 2022
Establishment unit
2.042.340.146 3300 Tienen, since 03-03-1989
Financial year end
31 December
Peppol
Reachable since 11-07-2024

Board and ownership

Board

Financial position

51 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.1%
Annual accounts 2025
Gross margin
-€43,050
Loss
€50,201
Equity
-€172,865
▼ 40.9%
Total assets
€249,186
▲ 27.4%
  • Negative equity on 31-12-2025
  • 2025 accounts filed 25 days after the deadline
Turnover not published (micro format)
Score breakdownraises riskLoss of €50,201 (financial year 2025)Negative equity -€172,865Sector: Retail trade (NACE 47)lowers riskSize: total assets €249,186Show the evidence

Checked score

Score 2025
51 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 8% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Weak
Solvency 0=
equity -69.4% of total assets
Liquidity 7-3
short-term debt 145.7% · cash 5.3%
Profitability 0-87
return on assets -20.1%
Bankruptcy probability within 12 months
2.1% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,281 companies, NACE 47, micro)
Last 24 months 12-2024: 0.7% 01-2025: 0.7%● unchanged vs 12-2024 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.7%● unchanged vs 03-2025 05-2025: 0.7%● unchanged vs 04-2025 06-2025: 0.7%● unchanged vs 05-2025 07-2025: 1.0%▲ +0.3 percentage points vs 06-2025 08-2025: 1.4%▲ +0.4 percentage points vs 07-2025 09-2025: 1.7%▲ +0.3 percentage points vs 08-2025 10-2025: 0.6%▼ -1.1 percentage points vs 09-2025 11-2025: 0.6%● unchanged vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025lowest value 02-2026: 0.6%● unchanged vs 01-2026lowest value 03-2026: 0.6%● unchanged vs 02-2026lowest value 04-2026: 0.7%▲ +0.1 percentage points vs 03-2026 05-2026: 0.7%● unchanged vs 04-2026 06-2026: 0.6%▼ -0.1 percentage points vs 05-2026 07-2026: 0.7%▲ +0.1 percentage points vs 06-2026 08-2026: 1.3%▲ +0.6 percentage points vs 07-2026 09-2026: 2.1%▲ +0.8 percentage points vs 08-2026highest value 10-2026: 2.1%● unchanged vs 09-2026highest value 11-2026: 2.1%● unchanged vs 10-2026highest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.39 (0.61 in 2024), below 1. Short-term debt is 145.7% and cash 5.3% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 6% of them on solvency, 8% on liquidity, 6% on profitability and 13% on growth.

The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
lowers risk · Size: total assets €249,186
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Loss of €50,201 (financial year 2025)
NBB · annual accounts
raises risk · Negative equity -€172,865
NBB · annual accounts
raises risk · Sector: Retail trade (NACE 47)
KBO
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€172,865
raises risk · 2025 accounts filed 25 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
25 days late
2024
30 days late
2023
30 days late
2022
22 days late
2021
76 days early
2020
11 days early
2019
15 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 1 day after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 25 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€172,865 View
  • Caution: From profit to loss in 2025after a profit of €27,927 in 2024 -€50,201 View
  • Caution: Lower net result than 95% of companies in retail tradesector median €5,083 · 22,756 companies -€50,201 View

Recent changes

  1. · Gazette deed Company renamed from Mia Style M.S. to Kelly StyleResignations: OLIVIERS Serge (manager) and MOTTARD Kelly (manager) · Reappointments: OLIVIERS Serge (director) and MOTTARD Kelly (director)
  2. · Gazette deed Incorporation
All 16 events

Comparable companies

These companies have the same main activity as Kelly Style: retail trade (NACE 47722). They are comparable in size and age: total assets between €61,600 and €693,000, founded between 1982 and 1991.

CompanyTotal assetsGross margin
Kelly Style Tienen€249,186-€43,050
BELFASS Vorst€249,729-€1,761
Avenue Création Ukkel€272,172-€30,976
DIRECT Heusden-Zolder€693,369-€30,563
IDEE Koksijde€86,174-€1,710
VENISE Ukkel€133,962€3,813
EPIDERME Elsene€61,597-€4,334
Full comparison

Key facts about Kelly Style

What is the company number of Kelly Style?
The company number of Kelly Style is 0436.122.094. The VAT number is the same number with BE in front: BE 0436.122.094.
Where is Kelly Style based?
The registered office is at Nieuwstraat 41, 3300 Tienen.Company details
What does Kelly Style do?
According to the KBO register, the main activity is retail trade (NACE 47722).
What is the legal form of Kelly Style?
The legal form of Kelly Style is Private limited company (BV).
When was Kelly Style founded?
Kelly Style was founded on 19-12-1988.
Is Kelly Style still active?
Yes, Kelly Style is an active enterprise in the KBO register.
Which joint committee does Kelly Style fall under?
In its 2022 annual accounts, Kelly Style states joint committee 201 (Paritair Comité voor de zelfstandige kleinhandel).
What is the turnover of Kelly Style?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is Kelly Style profitable?
In financial year 2025, Kelly Style made a loss of €50,201.
Where can I find the annual accounts of Kelly Style?
Kelly Style filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Kelly Style due?
Kelly Style must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.