STYL AVIATION
ActiveSummary
STYL AVIATION has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €535k and a net result of €135k. Equity is growing by ~27.7% per year across the filed fiscal years. Its solvency ranks better than 34% of 684 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▲+3
Solvency60▼-3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 1.51 against 1.61 in 2024; short-term debt: 55.5% and cash: 4% of total assets), but 65.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 85
Relative position
BE, all sectors
reference
Sector 85
lower
← fewer bankruptcies
more bankruptcies →
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
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
34.9%
Return on assets
8.8%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-09-2026, 52 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
52 d late
2024
2 d early
2023
7 d early
2022
20 d early
2021
5 d early
2020
1 d early
2019
28 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€535k▲ 33.7%
2024 · €400k
2018: €67k
2019: €125k
2020: €193k
2021: €305k
2022: €260k
2023: €335k
2024: €400k
2018 → 2025
Total assets
€1.53M▲ 46.4%
2024 · €1.05M
2018: €286k
2019: €607k
2020: €887k
2021: €1.17M
2022: €1.02M
2023: €1.01M
2024: €1.05M
2018 → 2025
Net result
€135k▲ 106%
2024 · €65k
2018: €8k
2019: €58k
2020: €69k
2021: €112k
2022: €100k
2023: €174k
2024: €65k
2018 → 2025
Working capital
€433k▲ 49.1%
2024 · €290k
2018: €39k
2019: €251k
2020: €-103k
2021: €19k
2022: €199k
2023: €222k
2024: €290k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€305k-€260k▼ 14.7%€335k▲ 28.6%€400k▲ 19.5%€535k▲ 33.7%
Operating result€139k-€129k▼ 7.0%€201k▲ 55.4%€99k▼ 50.5%€200k▲ 101%
Net result€112k-€100k▼ 10.5%€174k▲ 73.5%€65k▼ 62.5%€135k▲ 106%
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 recovers in 2025; 2025 is 101% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.53M
Fixed assets
€250k ▼ 10.9%
Current assets
€1.28M ▲ 67.3%
Equity and liabilities €1.53M
Equity
€535k ▲ 33.7%
Debt
€997k ▲ 54.3%
Debt's share of the balance-sheet total rises from 61.8% to 65.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€235k▲
2024 · €144k
Cash flow
€170k▲
2024 · €110k
Current ratio
1.51▼
2024 · 1.61
Quick ratio
1.23▼
2024 · 1.42
Debt to equity
1.86▲
2024 · 1.61
ROE
25.2%▲
2024 · 16.3%
ROA
8.8%▲
2024 · 6.2%
Interest coverage
6.09▼
2024 · 7.47
Debt ≤ 1 year
€849k▲
2024 · €476k
Debt > 1 year
€147k▼
2024 · €170k
Income taxes
€51k▲
2024 · €25k
Staff costs
€286k▲
2024 · €262k
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 · 2025 against 2024 · 57 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.05M€1.53M▲
Fixed assets21/28€280k€250k▼
Tangible fixed assets22/27€278k€248k▼
Land and buildings22€251k€231k▼
Plant, machinery and equipment23€5k€4k▼
Furniture and vehicles24€22k€14k▼
Financial fixed assets28€2k€2k=
Current assets29/58€766k€1.28M▲
Stocks and contracts in progress3€89k€239k▲
Stocks30/36€89k€203k▲
Contracts in progress37-€36k
Amounts receivable within one year40/41€613k€947k▲
Trade receivables40€493k€759k▲
Other amounts receivable41€120k€188k▲
Current investments50/53€708€67▼
Cash at bank and in hand54/58€40k€61k▲
Deferred charges and accrued income490/1€23k€35k▲
Equity and liabilities
Total equity and liabilities10/49€1.05M€1.53M▲
Equity10/15€400k€535k▲
Contributions10/11€62k€62k=
Outside capital11€62k€62k=
Share premium1100/10€62k€62k=
Reserves13€6k€6k=
Non-distributable reserves130/1€6k€6k=
Reserves not available under the articles1311€6k€6k=
Profit (loss) carried forward14€333k€467k▲
Amounts payable17/49€646k€997k▲
Amounts payable after more than one year17€170k€147k▼
Financial debts170/4€170k€147k▼
Amounts payable within one year42/48€476k€849k▲
Current portion of amounts payable after more than one year42€57k€56k▼
Financial debts43€15k€109k▲
Credit institutions430/8€15k€109k▲
Trade debts44€289k€510k▲
Suppliers440/4€289k€510k▲
Advances received on contracts in progress46€0€324▲
Taxes, remuneration and social security45€111k€167k▲
Taxes450/3€3k€74k▲
Remuneration and social security454/9€108k€93k▼
Other amounts payable47/48€5k€6k▲
Income statement
Code20242025
Remuneration, social security and pensions62€262k€286k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€44k€35k▼
Other operating charges640/8€6k€7k▲
Gross operating margin9900€411k€528k▲
Operating profit (loss)9901€99k€200k▲
Financial income75/76B€10k€25k▲
Recurring financial income75€10k€25k▲
Financial charges65/66B€19k€39k▲
Recurring financial charges65€19k€39k▲
Profit (loss) for the period before taxes9903€90k€186k▲
Income taxes67/77€25k€51k▲
Profit (loss) for the period9904€65k€135k▲
Profit (loss) for the period to be appropriated9905€65k€135k▲
Appropriation of the result
Profit (loss) to be appropriated9906€333k€467k▲
Profit (loss) brought forward from the previous period14P€267k€333k▲
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
The notes to these accounts (10 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
21-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 52 days late
2025
31-12
Financial
Equity above €500kEq €535k ▲33.7%
8 profitable years in a row build equity to €535k.
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €174k ▲73.5%
Operating result €201k, net result €174k, both a record.
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €200kEq €305k ▲57.9%
4 profitable years in a row build equity to €305k.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €150kEq €193k ▲55.1%
3 profitable years in a row build equity to €193k.
03-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €100kEq €125k ▲87.4%
2 profitable years in a row build equity to €125k.
Show earlier events
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
05-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Antwerpen · 1 establishment unit since 1985
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.
Luchthavenlei 12100 AntwerpenGround area
3,899 m²
Building footprint
4,663 m²
Volume, LiDAR
29,635 m³
Parcel 11346B0773/00T004, Flanders · tallest building 19.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Luchthavenlei 1, 2100 Antwerpen
since 19852.026.592.591
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11346B0773/00T004 | Flanders | 3,899 m² | 1 · 4,663 m² | 19.3 m · 2 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.
Similar companies · same sector, comparable size
STUDIES & DEVELOPMENT
BE 0881.457.014
Liège · Eq €555k
BLOCKMANS AVIATION SERVICES en abrégé BAS
BE 0433.500.324
Gerpinnes · Eq €487k
Air Transport Performance
BE 0860.882.720
Dendermonde · Eq €454k
CHIC
BE 0635.513.712
Koksijde · Eq €418k
ALTAIR INTERNATIONAL
BE 0442.887.845
Brasschaat · Eq €404k
Of 293 companies in sector 85532 we hold annual accounts for 83. 39 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded14-03-1985
Fiscal year end31-12
Activities, NACEBEL 2025
85532Education
73110Advertising agencies
95290Repair and maintenance of other personal and household goods
Sources
Crossroads Bank for EnterprisesNational Bank · 41 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.