Equity
€206,519 from €1.4m in 2012
Equity fell by 85% in 13 years.
Styl
Lifetime
19 annual accounts with figures on one time axis, 48 filings since 1978peak €835,463 (2023)
€105,653▲ 0.9%
lowest -€182,021 (2014)
€80,029▲ 5.4%
peak €1.4m (2012)
€206,519▼ 25.3%
€329,552▲ 67.8%
peak 2.3 FTE (2008)
-not published
Board5 names since 2011
4 directorsPaul RIBANT and 3 others
Owners2 names in the annual accounts
Documentsfilings and deeds
10-11-202510 days late
2025micro format
Dividend €150,000Equity from €276,490 to €206,519Debts from €196,446 to €329,552
Key points
from the 2025 annual accountsTurnover
≈ €330,000 estimated
The accounts state no turnover.
Debts
€329,552 ▲ 67.8%
Debts rose by €133,106 in 2025. A dividend stands under other debts on the balance sheet date until it is paid.
Liquidity
1.74 was 6.87 in 2024
Short-term debts rose from €38,524 to €187,995.
Filings
48 annual accounts 7 days past the deadline
2026 accounts not filed: deadline was 31-10-2026.
Position in the sector
€80,029
Higher net result than 93% of companies in specialised construction. Sector median €10,196 · 35,062 companies.
Checked score
90
Excellent
Financially stronger than 47% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,695 companies (NACE 43, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%lowest value
01-2025: < 0.1%● unchanged vs 12-2024lowest value
02-2025: < 0.1%● unchanged vs 01-2025lowest value
03-2025: < 0.1%● unchanged vs 02-2025lowest value
04-2025: < 0.1%● unchanged vs 03-2025lowest value
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: 0.1%▲ +0.1 percentage points vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.2%▲ +0.1 percentage points vs 10-2026highest value
Financial strengthStrong
Score breakdown
raises risk
Figures for financial year 2025 (filed on 15-11-2025)
Sector: Specialised construction activities (NACE 43)
lowers risk
Liquidity: current ratio 1.74, cash €287,384
Founded in 1968
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 43, micro). It does better than 41% of them on solvency, 82% on liquidity, 48% on profitability and 16% on growth.
The bankruptcy probability was computed on 06-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-03-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 20,137 companies had the same profile as Styl has now. Each dot stands for 51 companies, two years later.
95.0%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
That fits the bankruptcy probability of Styl itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 20,137 companies, not a prediction for Styl. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €18,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.74 (6.87 in 2024), above the usual 1.5. Short-term debt is 35.1% and cash 53.6% of total assets. However, 61.5% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 10 days late
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. 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 filingsDeviation from the deadline
2026
not filed
2025
10 days late
2024
7 days late
2023
24 days late
2022
28 days late
2021
187 days late
2020
117 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 62 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (1)
Board and ownership
- Immobilière Sogerim 50%score 91equity €609,133 (2025) · 2025 annual accounts of Immobilière Sogerim
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0400003551
4 directors appointed, 1 resignation
Capital from €1,628,700 to €1,096,784.19 · Capital from €1,096,784.19 to €196,784.19 · Resignation: Charles RIBANT (administrateur non statutaire représentant les porteurs d'actions a) · General meeting of 30-08-2022 · Gazette deed
Permanent representative: Charles RIBANT
Board meeting of 06-04-2022 · Gazette deed
First establishment
Rue de la Goëtte 85, Braine-l'Alleud
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Styl Braine-l'Alleud | €536,071 | €105,653 | 38.5% | - |
| Ateliers Piraux et Vanadenhoven Lobbes | €505,183 | €110,956 | 85.9% | - |
| R.C. ELEVATION Perwez | €399,861 | €120,066 | 28.1% | - |
| FIEREMANS SANITAIR, VERWARMING, KEUKENS Asse | €437,902 | €110,685 | 39.0% | 1.5 |
| Tassignon Dakwerken Rebecq | €602,025 | €151,536 | 66.5% | - |
| KOCKX Ghent | €477,954 | €73,829 | 97.5% | - |
| Gebroeders Deliën Stabroek | €328,373 | €117,165 | 44.1% | 0 |
These companies have the same main activity as Styl: plumbing work (NACE 43221). They are comparable in size and age: total assets between €328,000 and €602,000, founded between 1967 and 1983.
Official details
Source: KBO- Status
- Active since 14-10-1968Normal situation
- Activity
- Plumbing workNACE 43221and 2 others
- Establishment unit
- 2.002.154.8281420 Braine-l'Alleud, since 01-10-1968
- Financial year end
- 31 March
- Peppol
- Reachable since 21-10-2026
Insights on Styl
Styl files the micro format. That format states no turnover. The gross margin rose from €90,397 in 2007 to €105,653 in 2025.
The balance sheet grew most from 2010 to 2012 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Styl
- What is the company number of Styl?
- The company number of Styl is 0400.003.551. The VAT number is the same number with BE in front: BE 0400.003.551.
- Where is Styl based?
- The registered office is at Rue de la Goëtte 85, 1420 Braine-l'Alleud.Company details
- What does Styl do?
- According to the KBO register, the main activity is plumbing work (NACE 43221).
- What is the legal form of Styl?
- Styl is a public limited company (NV).
- When was Styl founded?
- Styl was founded on 14-10-1968.
- Is Styl still active?
- Yes, Styl is an active enterprise in the KBO register.
- What is the turnover of Styl?
- The turnover in financial year 2025 is ≈ €330,000. This figure is estimated from the gross margin of €105,653 and 86 comparable companies (NACE 432). It probably lies between €260,000 and €400,000.Financials
- Is Styl profitable?
- In financial year 2025, Styl made a profit of €80,029.
- Where can I find the annual accounts of Styl?
- Styl filed 48 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
Next steps
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