STYLE CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of STYLE CONSTRUCT is 2.1% (moderate). The 2025 annual accounts show equity of €59,646 and a net result of €133,889. Equity is growing by ~14% per year across the filed fiscal years. Its solvency ranks better than 23% of 7586 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+41
Solvency42▼-16
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days acceptable
Liquidity tight (current ratio 1.18 against 1.49 in 2024; short-term debt: 82.4% and cash: 78.8% of total assets), and 82.9% 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
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% 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
17.1%
Return on assets
38.5%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 7586 sector peers (2025).
NBB · sector comparisonPosition among 7586 sector peers
Solvency
better than 23%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-07-2026, 9 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
9 d early
2024
8 d early
2023
15 d early
2022
41 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 18 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
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
28-09-2026 today31-12-2026 close31-07-2027 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
Equity
€59,646▼ 59.2%
2024 · €146,205
Total assets
€348,127▼ 21.9%
2024 · €445,659
Net result
€133,889▲ 429%
2024 · €25,318
Working capital
€52,388▼ 63.2%
2024 · €142,427
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, 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
Line2022202320242025
Operating result€79,061-€85,651▲ 8.3%€41,226▼ 51.9%€188,147▲ 356%
Net result€56,146above the sector's middle half-€61,241above the sector's middle half▲ 9.1%€25,318within the sector's middle half▼ 58.7%€133,889above the sector's middle half▲ 429%
Equity€59,646within the sector's middle half-€120,887above the sector's middle half▲ 103%€146,205above the sector's middle half▲ 20.9%€59,646within the sector's middle half▼ 59.2%
Total assets€274,548within the sector's middle half-€384,796above the sector's middle half▲ 40.2%€445,659above the sector's middle half▲ 15.8%€348,127above the sector's middle half▼ 21.9%
Debt€214,902-€263,909▲ 22.8%€299,454▲ 13.5%€288,480▼ 3.7%
Working capital€58,853within the sector's middle half-€117,153above the sector's middle half▲ 99.1%€142,427above the sector's middle half▲ 21.6%€52,388within the sector's middle half▼ 63.2%
Solvency21.7%within the sector's middle half-31.4%within the sector's middle half▲ 9.7pp32.8%within the sector's middle half▲ 1.4pp17.1%below the sector's middle half▼ 15.7pp
Current ratio1.27within the sector's middle half-1.47within the sector's middle half▲ 0.191.49within the sector's middle half▲ 0.021.18within the sector's middle half▼ 0.30
Return on assets (ROA)20.5%above the sector's middle half-15.9%within the sector's middle half▼ 4.5pp5.7%within the sector's middle half▼ 10.2pp38.5%above the sector's middle half▲ 32.8pp
above
within
below
the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 356% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €348,127
Fixed assets
€8,754 ▼ 20.8%
Current assets
€339,373 ▼ 21.9%
Equity and liabilities €348,127
Equity
€59,646 ▼ 59.2%
Debt
€288,480 ▼ 3.7%
Debt's share of the balance-sheet total rises from 67.2% to 82.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€193,721▲
2024 · €46,668
Cash flow
€139,463▲
2024 · €30,760
Debt to equity
4.84▲
2024 · 2.05
ROE
224.5%▲
2024 · 17.3%
Interest coverage
25.42▲
2024 · 4.02
Debt ≤ 1 year
€286,986▼
2024 · €292,174
Debt > 1 year
€1,495▼
2024 · €7,280
Income taxes
€46,842▲
2024 · €7,062
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 7,976 companies that looked in July 2024 the way this one looks now, 3.1% went bankrupt within 24 months and 94% are still going.
- Micro
- 2 to 5 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
3.1%
went bankrupt
1.6%
stopped otherwise
94%
still going
A further 1.0% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.1% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 7,976 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 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Non-recurring operating income76A | €416 | €0 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,441 | €4,554 | €5,442 | €5,574 | ▲ 2.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €30,555 | €0 | ▼ 100% |
| Other operating charges640/8 | €1,238 | €1,043 | €1,263 | €1,716 | ▲ 35.9% |
| Gross operating margin9900 | €81,740 | €91,247 | €78,485 | €195,438 | ▲ 149% |
| Operating profit (loss)9901 | €79,061 | €85,651 | €41,226 | €188,147 | ▲ 356% |
| Financial income75/76B | €388 | €234 | €2,766 | €205 | ▼ 92.6% |
| Recurring financial income75 | €388 | €234 | €2,766 | €205 | ▼ 92.6% |
| Financial charges65/66B | €1,405 | €8,878 | €11,612 | €7,621 | ▼ 34.4% |
| Recurring financial charges65 | €1,405 | €8,878 | €11,612 | €7,621 | ▼ 34.4% |
| Profit (loss) for the period before taxes9903 | €78,044 | €77,007 | €32,380 | €180,731 | ▲ 458% |
| Income taxes67/77 | €21,898 | €15,766 | €7,062 | €46,842 | ▲ 563% |
| Profit (loss) for the period9904 | €56,146 | €61,241 | €25,318 | €133,889 | ▲ 429% |
| Profit (loss) for the period to be appropriated9905 | €56,146 | €61,241 | €25,318 | €133,889 | ▲ 429% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €274,548 | €384,796 | €445,659 | €348,127 | ▼ 21.9% |
| Fixed assets21/28 | €793 | €16,500 | €11,058 | €8,754 | ▼ 20.8% |
| Tangible fixed assets22/27 | €793 | €16,500 | €11,058 | €8,754 | ▼ 20.8% |
| Plant, machinery and equipment23 | - | - | - | €1,217 | - |
| Furniture and vehicles24 | €793 | €16,500 | €11,058 | €7,536 | ▼ 31.8% |
| Current assets29/58 | €273,755 | €368,297 | €434,601 | €339,373 | ▼ 21.9% |
| Stocks and contracts in progress3 | €188,978 | €255,115 | €325,960 | €0 | ▼ 100% |
| Stocks30/36 | €188,978 | €255,115 | €325,960 | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €67,299 | €96,159 | €87,697 | €64,059 | ▼ 27.0% |
| Trade receivables40 | €67,294 | €87,642 | €43,031 | €48,660 | ▲ 13.1% |
| Other amounts receivable41 | €5 | €8,517 | €44,666 | €15,399 | ▼ 65.5% |
| Cash at bank and in hand54/58 | €17,078 | €15,749 | €19,619 | €274,350 | ▲ 1,298% |
| Deferred charges and accrued income490/1 | €400 | €1,273 | €1,325 | €964 | ▼ 27.2% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €274,548 | €384,796 | €445,659 | €348,127 | ▼ 21.9% |
| Equity10/15 | €59,646 | €120,887 | €146,205 | €59,646 | ▼ 59.2% |
| Contributions10/11 | €3,500 | €3,500 | €3,500 | €3,500 | = |
| Reserves13 | €56,146 | €56,146 | €56,146 | €56,146 | = |
| Distributable reserves133 | €56,146 | €56,146 | €56,146 | €56,146 | = |
| Profit (loss) carried forward14 | - | €61,241 | €86,559 | €0 | ▼ 100% |
| Amounts payable17/49 | €214,902 | €263,909 | €299,454 | €288,480 | ▼ 3.7% |
| Amounts payable after more than one year17 | - | €12,766 | €7,280 | €1,495 | ▼ 79.5% |
| Financial debts170/4 | - | €12,766 | €7,280 | €1,495 | ▼ 79.5% |
| Amounts payable within one year42/48 | €214,902 | €251,144 | €292,174 | €286,986 | ▼ 1.8% |
| Current portion of amounts payable after more than one year42 | - | €5,203 | €5,486 | €5,785 | ▲ 5.4% |
| Financial debts43 | €131,000 | €131,000 | €193,100 | €0 | ▼ 100% |
| Credit institutions430/8 | €131,000 | €131,000 | €193,100 | €0 | ▼ 100% |
| Trade debts44 | €65,766 | €76,233 | €59,056 | €70,298 | ▲ 19.0% |
| Suppliers440/4 | €65,766 | €76,233 | €59,056 | €70,298 | ▲ 19.0% |
| Advances received on contracts in progress46 | - | - | €7,726 | €7,726 | = |
| Taxes, remuneration and social security45 | €17,947 | €38,707 | €26,807 | €29,107 | ▲ 8.6% |
| Taxes450/3 | €12,427 | €27,667 | €15,766 | €18,067 | ▲ 14.6% |
| Remuneration and social security454/9 | €5,520 | €11,040 | €11,040 | €11,040 | = |
| Other amounts payable47/48 | €189 | €0 | - | €174,070 | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €56,146 | €61,241 | €25,318 | €133,889 | ▲ 429% |
| + Depreciation and write-downs630 | €1,441 | €4,554 | €5,442 | €5,574 | ▲ 2.4% |
| Operating cash flow (approximation) | €57,587 | €65,794 | €30,760 | €139,463 | ▲ 353% |
| Investment in fixed assets (approximation) | - | -€20,260 | €0 | -€3,270 | - |
| Change in cash | - | -€1,329 | €3,870 | €254,731 | ▲ 6,483% |
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
2026
22-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2022net €133,889 ▲429%
Operating result €188,147, net result €133,889, both a record.
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €25,318 ▼58.7%
Net result drops to €25,318, the lowest in the series; recovery starts the following year.
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €100,000Eq €120,887 ▲103%
2 profitable years in a row build equity to €120,887.
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not 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
1 act for this company is 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, Charleroi · 1 establishment unit since 2021
Ground area
382 m²
Building footprint
37 m²
Volume, LiDAR
374 m³
Parcel 52412A1018/00S010, Wallonia · tallest building 11.6 m, ±3 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
STYLE CONSTRUCT
since 20212.326.299.728
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52412A1018/00S010 | Wallonia | 382 m² | 1 · 37 m² | 11.6 m · 3 fl. |
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.
Similar companies · same sector, comparable size
RENO.K.F.
BE 0781.990.640
Wezembeek-Oppem · Eq €59,636
CARRO TIM
BE 0743.702.661
Grimbergen · Eq €59,630
Lavosa & fils
BE 0673.939.865
Seraing · Eq €59,623
TB Algemene Aannemingen
BE 0778.839.427
Alken · Eq €59,622
SHELLY'S
BE 0834.745.772
Kortemark · Eq €59,679
Of 29,787 companies in sector 41001 we hold annual accounts for 16,052. 13,185 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
Founded23-12-2021
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
41003General construction of other non-residential buildings
43310Plastering work
43320Joinery installation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0779295822
Registered
16-10-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.