Styl
ActiveSummary
Styl has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €206,519 and a net result of €80,029. Equity is shrinking by ~15% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2028. Its solvency ranks better than 40% of 28281 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability75▼-3
Solvency64▼-19
Growth58=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15,000 at 30 days acceptable
Liquidity ample (current ratio 1.74 against 6.87 in 2024; short-term debt: 35.1% and cash: 53.6% of total assets), but 61.5% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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
38.5%
Return on assets
14.9%
Age of the figures
18 mo
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 10-11-2025, 10 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 · 10 filingsDeviation from the deadline
2025
10 d late
2024
7 d late
2023
24 d late
2022
28 d late
2021
187 d late
2020
117 d late
2019
13 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 55 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 24 November (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
31-03-2026 close29-09-2026 today31-10-2026 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
In the rankings
#2 oldest company in Braine-l'Alleud, Construction sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€80,029▲ 5.4%
2024 · €75,947
Working capital
€139,629▼ 38.2%
2024 · €225,965
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€51,886▼ 16.2%€21,746€525,223▲ 2,315%€81,430▼ 84.5%€81,632▲ 0.2%
Net result-€69,751below the sector's middle half▼ 6.9%€17,282within the sector's middle half€519,338above the sector's middle half▲ 2,905%€75,947above the sector's middle half▼ 85.4%€80,029above the sector's middle half▲ 5.4%
Equity€563,923above the sector's middle half▼ 11.0%€581,205above the sector's middle half▲ 3.1%€200,543above the sector's middle half▼ 65.5%€276,490above the sector's middle half▲ 37.9%€206,519above the sector's middle half▼ 25.3%
Total assets€1.3mabove the sector's middle half▼ 8.2%€1.2mabove the sector's middle half▼ 5.3%€410,007above the sector's middle half▼ 67.1%€472,935above the sector's middle half▲ 15.3%€536,071above the sector's middle half▲ 13.3%
Debt€750,813▼ 6.0%€663,616▼ 11.6%€209,465▼ 68.4%€196,446▼ 6.2%€329,552▲ 67.8%
Working capital-€461,655below the sector's middle half▼ 11.3%-€420,158below the sector's middle half▲ 9.0%€165,297above the sector's middle half€225,965above the sector's middle half▲ 36.7%€139,629above the sector's middle half▼ 38.2%
Solvency42.9%within the sector's middle half▼ 1.3pp46.7%within the sector's middle half▲ 3.8pp48.9%within the sector's middle half▲ 2.2pp58.5%within the sector's middle half▲ 9.6pp38.5%within the sector's middle half▼ 19.9pp
Current ratio0.14below the sector's middle half▼ 0.130.11below the sector's middle half▼ 0.035.56above the sector's middle half▲ 5.456.87above the sector's middle half▲ 1.311.74within the sector's middle half▼ 5.12
Return on assets (ROA)-5.3%below the sector's middle half▼ 0.7pp1.4%within the sector's middle half▲ 6.7pp126.7%above the sector's middle half▲ 125.3pp16.1%within the sector's middle half▼ 110.6pp14.9%within the sector's middle half▼ 1.1pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 0% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €536,071
Fixed assets
€208,447 =
Current assets
€327,624 ▲ 23.9%
Equity and liabilities €536,071
Equity
€206,519 ▼ 25.3%
Debt
€329,552 ▲ 67.8%
Debt's share of the balance-sheet total rises from 41.5% to 61.5%. Equity is lower and debt is higher.
Key figures and ratios
Debt to equity
1.60▲
2024 · 0.71
ROE
38.8%▲
2024 · 27.5%
Debt ≤ 1 year
€187,995▲
2024 · €38,524
Debt > 1 year
€140,739▼
2024 · €157,115
Income taxes
-€1,807▼
2024 · €1,807
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,134 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 20,134 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €1,342 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €53,943 | €47,564 | €223 | - | - | - |
| Other operating charges640/8 | €30,961 | €31,154 | €310,017 | €23,310 | €24,021 | ▲ 3.0% |
| Gross operating margin9900 | €33,018 | €100,463 | €835,463 | €104,740 | €105,653 | ▲ 0.9% |
| Operating profit (loss)9901 | -€51,886 | €21,746 | €525,223 | €81,430 | €81,632 | ▲ 0.2% |
| Financial income75/76B | - | - | - | €0 | €0 | ▼ 83.3% |
| Recurring financial income75 | - | - | - | €0 | €0 | ▼ 83.3% |
| Financial charges65/66B | €17,865 | €4,464 | €4,283 | €3,676 | €3,410 | ▼ 7.3% |
| Recurring financial charges65 | €17,865 | €4,464 | €4,283 | €3,676 | €3,410 | ▼ 7.3% |
| Profit (loss) for the period before taxes9903 | -€69,751 | €17,282 | €520,940 | €77,754 | €78,222 | ▲ 0.6% |
| Income taxes67/77 | - | - | €1,602 | €1,807 | -€1,807 | ▼ 200% |
| Profit (loss) for the period9904 | -€69,751 | €17,282 | €519,338 | €75,947 | €80,029 | ▲ 5.4% |
| Profit (loss) for the period to be appropriated9905 | -€69,751 | €17,282 | €519,338 | €75,947 | €80,029 | ▲ 5.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.3m | €1.2m | €410,007 | €472,935 | €536,071 | ▲ 13.3% |
| Fixed assets21/28 | €1.2m | €1.2m | €208,447 | €208,447 | €208,447 | = |
| Tangible fixed assets22/27 | €1.2m | €1.2m | €208,323 | €208,323 | €208,323 | = |
| Land and buildings22 | €1.2m | €1.2m | €208,323 | €208,323 | €208,323 | = |
| Financial fixed assets28 | €124 | €124 | €124 | €124 | €124 | = |
| Current assets29/58 | €73,077 | €50,726 | €201,561 | €264,488 | €327,624 | ▲ 23.9% |
| Amounts receivable within one year40/41 | €56,244 | €6,464 | €30,065 | €32,203 | €40,240 | ▲ 25.0% |
| Trade receivables40 | €56,244 | €6,464 | €25,065 | €27,203 | €35,240 | ▲ 29.5% |
| Other amounts receivable41 | - | - | €5,000 | €5,000 | €5,000 | = |
| Cash at bank and in hand54/58 | €16,833 | €44,262 | €171,496 | €232,286 | €287,384 | ▲ 23.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.3m | €1.2m | €410,007 | €472,935 | €536,071 | ▲ 13.3% |
| Equity10/15 | €563,923 | €581,205 | €200,543 | €276,490 | €206,519 | ▼ 25.3% |
| Contributions10/11 | €1.6m | €1.6m | €196,784 | €196,784 | €196,784 | = |
| Capital10 | €1.6m | €1.6m | €196,784 | €196,784 | €196,784 | = |
| Issued capital100 | €1.6m | €1.6m | €196,784 | €196,784 | €196,784 | = |
| Reserves13 | €3,319 | €3,319 | €3,319 | €3,319 | €3,319 | = |
| Non-distributable reserves130/1 | €3,319 | €3,319 | €3,319 | €3,319 | €3,319 | = |
| Legal reserve130 | €3,319 | €3,319 | €3,319 | €3,319 | €3,319 | = |
| Profit (loss) carried forward14 | -€1.1m | -€1.1m | €440 | €76,386 | €6,416 | ▼ 91.6% |
| Amounts payable17/49 | €750,813 | €663,616 | €209,465 | €196,446 | €329,552 | ▲ 67.8% |
| Amounts payable after more than one year17 | €203,557 | €188,975 | €173,200 | €157,115 | €140,739 | ▼ 10.4% |
| Financial debts170/4 | €201,607 | €186,125 | €170,350 | €154,265 | €137,889 | ▼ 10.6% |
| Other amounts payable178/9 | €1,950 | €2,850 | €2,850 | €2,850 | €2,850 | = |
| Amounts payable within one year42/48 | €534,733 | €470,884 | €36,264 | €38,524 | €187,995 | ▲ 388% |
| Current portion of amounts payable after more than one year42 | €15,217 | €15,501 | €15,790 | €16,085 | €16,385 | ▲ 1.9% |
| Trade debts44 | €298,525 | €225,983 | €15,222 | €17,706 | €16,303 | ▼ 7.9% |
| Suppliers440/4 | €298,525 | €225,983 | €15,222 | €17,706 | €16,303 | ▼ 7.9% |
| Taxes, remuneration and social security45 | €3,428 | €3,071 | €3,382 | €2,863 | €25,937 | ▲ 806% |
| Taxes450/3 | €3,428 | €3,071 | €3,382 | €2,863 | €25,937 | ▲ 806% |
| Other amounts payable47/48 | €217,564 | €226,330 | €1,870 | €1,870 | €129,370 | ▲ 6,818% |
| Accrued charges and deferred income492/3 | €12,523 | €3,757 | - | €806 | €818 | ▲ 1.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€69,751 | €17,282 | €519,338 | €75,947 | €80,029 | ▲ 5.4% |
| + Depreciation and write-downs630 | €53,943 | €47,564 | €223 | - | - | - |
| Operating cash flow (approximation) | -€15,808 | €64,845 | €519,561 | €75,947 | €80,029 | ▲ 5.4% |
| Investment in fixed assets (approximation) | - | €0 | €985,426 | -€0 | €0 | ▲ 100% |
| Change in cash | - | €27,428 | €127,234 | €60,790 | €55,099 | ▼ 9.4% |
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
Next filing, fiscal year 2026, expected by
2025
10-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 10 days late
2024
07-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 7 days late
2023
24-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 24 days late
31-03
Financial
Highest result since 2019net €519,338 ▲2,905%
Operating result €525,223, net result €519,338, both a record.
31-03
Financial
Liquidity times 52current ratio 5.56
Current ratio from 0.11 to 5.56; short-term debt falls from €470,884 to €36,264.
2022
28-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
06-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 187 days late
31-03
Financial
Back to profitnet €17,282
Net result €17,282 after 3 loss-making years.
2021
31-03
Financial
Weakest financial yearnet -€69,751
Net result drops to -€69,751, the lowest in the series; recovery starts the following year.
25-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 117 days late
2019
13-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 13 days late
2018
30-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
28-10
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
9 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, Braine-l'Alleud · 1 establishment unit since 1968
Ground area
3,273 m²
Building footprint
1,216 m²
Parcel 25744E1061/00A000, Wallonia. Linked by address, not a title deed.
9
companies at this address
See who is registered here
1 establishment unit
Rue de la Goëtte 85, 1420 Braine-l'Alleud
since 19682.002.154.828
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25744E1061/00A000 | Wallonia | 3,273 m² | 1 · 1,216 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 ownerOwners 1
-
50%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Similar companies · same sector, comparable size
VANBELLINGHEN MIKE CHAUFFAGE
BE 0647.893.088
Braine-le-Château · Eq €206,563
NUYTINCK
BE 0754.446.895
Kortemark · Eq €206,604
DECROIX Alain
BE 0630.916.605
Faimes · Eq €206,327
CHAUFFAGE HAENEN
BE 0780.555.931
Leuze-en-Hainaut · Eq €206,826
KEPPENS EN ZOON
BE 0415.505.735
Sint-Niklaas · Eq €206,124
Of 7,044 companies in sector 43221 we hold annual accounts for 3,477. 2,872 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded14-10-1968
Fiscal year end31-03
Activities, NACEBEL 2025
43221Plumbing work
41001General construction of residential buildings
68310Real estate agency activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0400003551
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.