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STYL'ELEC

Active
Private limited companyfounded 20179 yrs activeRue Albert Asou(TOU) 51, 7500 Tournai, BelgiumKBO/BCE: BE 0676.869.067

STYL'ELEC has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €89k and a net result of €28k. Equity is growing by ~25.9% per year across the filed fiscal years. Its solvency ranks better than 67% of 3539 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2024
82 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability90▲+81
Solvency80▼-11
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 2.22 against 2.85 in 2023; short-term debt: 45% and cash: 51.4% of total assets), and 45% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Sector 95
lower
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 18-03-2025, 135 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
not confirmed
2024
135 d early
2023
35 d late
2022
64 d late
2021
23 d late
2020
30 d early
2019
8 d early
← before the deadline after the deadline →
neutral · 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
€89k▲ 45.9%
2023 · €61k
2018: €44k 2019: €12k 2020: €5k 2021: €47k 2022: €68k 2023: €61k
2018 → 2024
Total assets
€162k▲ 74.2%
2023 · €93k
2018: €123k 2019: €112k 2020: €81k 2021: €101k 2022: €101k 2023: €93k
2018 → 2024
Net result
€28k
2023 · €-7k
2018: €8k 2019: €-32k 2020: €-7k 2021: €42k 2022: €21k 2023: €-7k
2018 → 2024
Working capital
€89k▲ 50.2%
2023 · €59k
2018: €7k 2019: €-10k 2020: €-11k 2021: €34k 2022: €63k 2023: €59k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€5k-€47k▲ 813%€68k▲ 44.4%€61k▼ 10.5%€89k▲ 45.9%
Operating result€-6k-€46k€28k▼ 38.8%€-7k€42k
Net result€-7k-€42k€21k▼ 50.1%€-7k€28k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€0€20k€40kOperating result 2020: €-6k€-6kNet result 2020: €-7k€-7kOperating result 2021: €46k€46kNet result 2021: €42k€42kOperating result 2022: €28k€28kNet result 2022: €21k€21kOperating result 2023: €-7k€-7kNet result 2023: €-7k€-7kOperating result 2024: €42k€42kNet result 2024: €28k€28k20202021202220232024
The operating result returns to profit in 2024: €42k after a loss of €7k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €162k
Fixed assets €377▼ 81.2%
Current assets €161k▲ 77.6%
Equity and liabilities €162k
Equity €89k▲ 45.9%
Debt €73k▲ 128%
The debt ratio rises from 34.3% to 45.0%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€44k
2023 · €-3k
Cash flow
€30k
2023 · €-3k
Solvency
55.0%
2023 · 65.7%
Current ratio
2.22
2023 · 2.85
Quick ratio
2.19
2023 · 2.83
Debt / equity
0.82
2023 · 0.52
ROE
31.5%
2023 · -11.7%
ROA
17.3%
2023 · -7.7%
Interest coverage
97.10
2023 · -7.46
Debt
€73k
2023 · €32k
Debt ≤ 1 year
€73k
2023 · €32k
Income taxes
€14k
Staff costs
€18k
2023 · €54k
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€93k€162k
Fixed assets21/28€2k€377
Intangible fixed assets21€709-
Tangible fixed assets22/27€1k€277
Plant, machinery and equipment23€655€119
Furniture and vehicles24€536€158
Financial fixed assets28€100€100=
Current assets29/58€91k€161k
Stocks and contracts in progress3€660€2k
Stocks30/36€660€2k
Amounts receivable within one year40/41€45k€76k
Trade receivables40€34k€66k
Other amounts receivable41€11k€11k
Cash at bank and in hand54/58€45k€83k
Deferred charges and accrued income490/1€117€117=
Equity and liabilities
Total equity and liabilities10/49€93k€162k
Equity10/15€61k€89k
Contributions10/11€20k€20k=
Reserves13€2k€29k
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133-€28k
Profit (loss) carried forward14€39k€40k
Amounts payable17/49€32k€73k
Amounts payable within one year42/48€32k€73k
Current portion of amounts payable after more than one year42€6k€6k=
Trade debts44€12k€58k
Suppliers440/4€12k€58k
Taxes, remuneration and social security45€4k€9k
Taxes450/3-€8k
Remuneration and social security454/9€4k€971
Other amounts payable47/48€10k€280
Income statement Code20232024
Remuneration, social security and pensions62€54k€18k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€2k
Other operating charges640/8€1k€632
Gross operating margin9900€53k€63k
Operating profit (loss)9901€-7k€42k
Financial income75/76B€12€0
Recurring financial income75€12€0
Financial charges65/66B€391€450
Recurring financial charges65€391€450
Profit (loss) for the period before taxes9903€-7k€42k
Income taxes67/77-€14k
Profit (loss) for the period9904€-7k€28k
Profit (loss) for the period to be appropriated9905€-7k€28k
Appropriation of the result
Profit (loss) to be appropriated9906€39k€67k
Profit (loss) brought forward from the previous period14P€46k€39k
Transfer to equity691/2-€28k
To other reserves6921-€28k

The notes to these accounts (10 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

2025
18-03
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Back to profitnet €28k
Net result €28k after one loss-making year.
04-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 35 days late
2023
03-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 64 days late
2022
23-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
2021
31-12
Financial Back to profitnet €42k
Net result €42k after 2 loss-making years.
01-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
23-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Weakest financial yearnet €-32k ▼484%
Net result drops to €-32k, the lowest in the series; recovery starts the following year.
12-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
16-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
3 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, Tournai · 1 establishment unit since 2017
establishment The establishment unit on the map
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.

Rue Albert Asou(TOU) 517500 Tournai
Ground area
237 m²
Building footprint
55 m²
Volume, LiDAR
580 m³
Parcel 57081I1187/00_000, Wallonia · tallest building 12.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
STYL'ELEC
Rue Albert Asou(TOU) 51, 7500 TournaiGeneral electrical installation work
since 20172.265.269.506
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
57081I1187/00_000 Wallonia 237 m² 1 · 55 m² 12.5 m · 3 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.

Recognitions · licences · registrations

Legal Entity Identifier

254900ZPUPQMMANAEC40
no longer live in the LEI register

Similar companies · same sector, comparable size

Of 407 companies in sector 95210 we hold annual accounts for 116. 89 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded16-06-2017
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
95210Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers

Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.