LizStyle
ActiveSummary
LizStyle has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €44k and a net result of €16k. Equity is growing by ~11.7% per year across the filed fiscal years. Its solvency ranks better than 78% of 9624 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability98▲+16
Solvency91▼-9
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity ample (current ratio 2.88 against 4.4 in 2023; short-term debt: 33.7% and cash: 76.6% of total assets), and 33.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · 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 2024Solvency, return and age of the figures
Solvency
66.3%
Return on assets
23.8%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-03-2025, 122 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
122 d early
2023
33 d early
2022
17 d early
2021
41 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€44k▼ 3.1%
2023 · €45k
2021: €30klowest in 4 years
2022: €35k▲ +15.6% vs 2021
2023: €45k▲ +29.4% vs 2022highest in 4 years
2024: €44k▼ -3.1% vs 2023
2021 → 2024
Total assets
€66k▲ 13.4%
2023 · €58k
2021: €57k
2022: €48k▼ -16.7% vs 2021lowest in 4 years
2023: €58k▲ +21.5% vs 2022
2024: €66k▲ +13.4% vs 2023highest in 4 years
2021 → 2024
Net result
€16k▲ 53.1%
2023 · €10k
2021: €14k
2022: €8k▼ -44.1% vs 2021lowest in 4 years
2023: €10k▲ +33.1% vs 2022
2024: €16k▲ +53.1% vs 2023highest in 4 years
2021 → 2024
Working capital
€42k▼ 6.2%
2023 · €44k
2021: €29klowest in 4 years
2022: €34k▲ +15.9% vs 2021
2023: €44k▲ +30.0% vs 2022highest in 4 years
2024: €42k▼ -6.2% vs 2023
2021 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€30k-€35k▲ 15.6%€45k▲ 29.4%€44k▼ 3.1%
2021: €30klowest in 4 years
2022: €35k▲ +15.6% vs 2021
2023: €45k▲ +29.4% vs 2022highest in 4 years
2024: €44k▼ -3.1% vs 2023
Operating result€17k-€11k▼ 37.7%€14k▲ 33.0%€22k▲ 49.8%
2021: €17k
2022: €11k▼ -37.7% vs 2021lowest in 4 years
2023: €14k▲ +33.0% vs 2022
2024: €22k▲ +49.8% vs 2023highest in 4 years
Net result€14k-€8k▼ 44.1%€10k▲ 33.1%€16k▲ 53.1%
2021: €14k
2022: €8k▼ -44.1% vs 2021lowest in 4 years
2023: €10k▲ +33.1% vs 2022
2024: €16k▲ +53.1% vs 2023highest in 4 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 50% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €66k
Fixed assets
€2k ▲ 216%
Current assets
€64k ▲ 11.1%
Equity and liabilities €66k
Equity
€44k ▼ 3.1%
Debt
€22k ▲ 70.2%
Debt's share of the balance-sheet total rises from 22.5% to 33.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€22k
Cash flow
€16k
Current ratio
2.88▼
2023 · 4.40
Debt to equity
0.51▲
2023 · 0.29
ROE
35.9%▲
2023 · 22.7%
ROA
23.8%▲
2023 · 17.6%
Interest coverage
94.98
Debt ≤ 1 year
€22k▲
2023 · €13k
Income taxes
€6k▲
2023 · €4k
Staff costs
€39k▼
2023 · €39k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 44 lines
Balance sheet
Code20232024
Assets
Total assets20/58€58k€66k▲
Fixed assets21/28€635€2k▲
Tangible fixed assets22/27-€1k
Furniture and vehicles24-€1k
Financial fixed assets28€635€635=
Current assets29/58€57k€64k▲
Amounts receivable within one year40/41€14k€13k▼
Trade receivables40€14k€13k▼
Cash at bank and in hand54/58€43k€50k▲
Equity and liabilities
Total equity and liabilities10/49€58k€66k▲
Equity10/15€45k€44k▼
Contributions10/11€1k€1k=
Reserves13€42k€40k▼
Distributable reserves133€42k€40k▼
Profit (loss) carried forward14€2k€2k▲
Amounts payable17/49€13k€22k▲
Amounts payable within one year42/48€13k€22k▲
Trade debts44€2k€3k▲
Suppliers440/4€2k€3k▲
Taxes, remuneration and social security45€11k€15k▲
Taxes450/3€5k€10k▲
Remuneration and social security454/9€6k€5k▼
Other amounts payable47/48€43€5k▲
Income statement
Code20232024
Remuneration, social security and pensions62€39k€39k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€442
Other operating charges640/8€883€903▲
Gross operating margin9900€54k€62k▲
Operating profit (loss)9901€14k€22k▲
Financial income75/76B-€6
Recurring financial income75-€6
Financial charges65/66B€69€233▲
Recurring financial charges65€69€233▲
Profit (loss) for the period before taxes9903€14k€21k▲
Income taxes67/77€4k€6k▲
Profit (loss) for the period9904€10k€16k▲
Profit (loss) for the period to be appropriated9905€10k€16k▲
Appropriation of the result
Profit (loss) to be appropriated9906€12k€18k▲
Profit (loss) brought forward from the previous period14P€2k€2k▲
Transfer from equity791/2-€10k
Transfer to equity691/2€10k€9k▼
To other reserves6921€10k€9k▼
Profit to be distributed694/7-€17k
Return on contributions (dividend)694-€17k
Social balance
Average headcount (FTE)90872.02.0=
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €35k | €36k | €39k | €39k | ▼ 0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | €442 | - |
| Other operating charges640/8 | €906 | €817 | €883 | €903 | ▲ 2.4% |
| Gross operating margin9900 | €53k | €47k | €54k | €62k | ▲ 14.0% |
| Operating profit (loss)9901 | €17k | €11k | €14k | €22k | ▲ 49.8% |
| Financial income75/76B | €164 | €3 | - | €6 | - |
| Recurring financial income75 | €164 | €3 | - | €6 | - |
| Financial charges65/66B | €53 | €69 | €69 | €233 | ▲ 237% |
| Recurring financial charges65 | €53 | €69 | €69 | €233 | ▲ 237% |
| Profit (loss) for the period before taxes9903 | €18k | €11k | €14k | €21k | ▲ 49.0% |
| Income taxes67/77 | €4k | €3k | €4k | €6k | ▲ 39.1% |
| Profit (loss) for the period9904 | €14k | €8k | €10k | €16k | ▲ 53.1% |
| Profit (loss) for the period to be appropriated9905 | €14k | €8k | €10k | €16k | ▲ 53.1% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €57k | €48k | €58k | €66k | ▲ 13.4% |
| Fixed assets21/28 | €635 | €635 | €635 | €2k | ▲ 216% |
| Tangible fixed assets22/27 | - | - | - | €1k | - |
| Furniture and vehicles24 | - | - | - | €1k | - |
| Financial fixed assets28 | €635 | €635 | €635 | €635 | = |
| Current assets29/58 | €57k | €47k | €57k | €64k | ▲ 11.1% |
| Amounts receivable within one year40/41 | €10k | €13k | €14k | €13k | ▼ 3.6% |
| Trade receivables40 | €10k | €13k | €14k | €13k | ▼ 3.6% |
| Cash at bank and in hand54/58 | €46k | €34k | €43k | €50k | ▲ 15.9% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €57k | €48k | €58k | €66k | ▲ 13.4% |
| Equity10/15 | €30k | €35k | €45k | €44k | ▼ 3.1% |
| Contributions10/11 | €1k | €1k | €1k | €1k | = |
| Reserves13 | €27k | €32k | €42k | €40k | ▼ 3.6% |
| Non-distributable reserves130/1 | €100 | €100 | - | - | - |
| Other1319 | €100 | €100 | - | - | - |
| Distributable reserves133 | €27k | €32k | €42k | €40k | ▼ 3.6% |
| Profit (loss) carried forward14 | €2k | €2k | €2k | €2k | ▲ 6.4% |
| Amounts payable17/49 | €27k | €13k | €13k | €22k | ▲ 70.2% |
| Amounts payable within one year42/48 | €27k | €13k | €13k | €22k | ▲ 70.2% |
| Trade debts44 | €2k | €3k | €2k | €3k | ▲ 38.1% |
| Suppliers440/4 | €2k | €3k | €2k | €3k | ▲ 38.1% |
| Taxes, remuneration and social security45 | €17k | €9k | €11k | €15k | ▲ 31.5% |
| Taxes450/3 | €11k | €5k | €5k | €10k | ▲ 109% |
| Remuneration and social security454/9 | €6k | €4k | €6k | €5k | ▼ 24.0% |
| Other amounts payable47/48 | €8k | €680 | €43 | €5k | ▲ 11,570% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €14k | €8k | €10k | €16k | ▲ 53.1% |
| + Depreciation and write-downs630 | - | - | - | €442 | - |
| Operating cash flow (approximation) | €14k | €8k | €10k | €16k | ▲ 57.4% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €-2k | - |
| Change in cash | - | €-13k | €10k | €7k | ▼ 28.6% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
31-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2021net €16k ▲53.1%
Operating result €22k, net result €16k, both a record.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €8k ▼44.1%
Net result drops to €8k, the lowest in the series; recovery starts the following year.
20-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Merelbeke-Melle · 1 establishment unit since 2015
Ground area
8,146 m²
Building footprint
1,116 m²
Volume, LiDAR
7,273 m³
2 parcels, Flanders · tallest building 12.3 m, ±3 floors. Linked by address, not a title deed.
7
companies at this address
See who is registered here
1 establishment unit
JBC Mode
since 20152.239.046.149
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44402A0145/00D003 | Flanders | 6,753 m² | 1 · 693 m² | 7.2 m · 2 fl. |
| 44402A0146/00B003 | Flanders | 1,394 m² | 1 · 423 m² | 12.3 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 6,502 companies in sector 47716 we hold annual accounts for 2,440. 1,832 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded30-12-2014
Fiscal year end31-12
Activities, NACEBEL 2025
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
46160Agents in the wholesale of textiles, clothing, fur, footwear and leather goods
47721Retail sale of footwear
Scores and ratios are computed by Checked and are not a credit decision.