STYLE SOLAR
The computed 12-month bankruptcy probability of STYLE SOLAR is 5.1% (elevated). The 2024 annual accounts show negative equity (€-25k) and a net result of €-149k. Equity is shrinking by ~63.3% per year across the filed fiscal years. Its solvency ranks better than 6% of 11080 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-25k |
| Net result | €-149k |
| Better than sector | 6% |
| Active | 4 yrs |
Mixed profile: strong on profitability, weaker on health.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -15.4% | 40.9% | |
| Net result | €-149k | €11k | |
| Equity | €-25k | €34k | |
| Gross operating margin | €-59k | €35k | |
| Staff costs | €47k | €25k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €-115k |
| Net profit | €-149k |
| Cash flow | €-130k |
| Staff costs | €47k |
| Income taxes | €603 |
| Dividends | - |
| Total assets | €163k |
| Equity | €-25k |
| Debt | €188k |
| of which ≤ 1y | €142k |
| of which > 1y | €45k |
| Working capital | €-55k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.61 |
| Quick ratio | 0.61 |
| Working capital ratio | -34.0% |
| Solvency | -15.4% |
| Debt / equity | -7.48 |
| Long-term debt ratio | -1.80 |
| Interest coverage | -7.58 |
| Gross margin | - |
| Net margin | - |
| ROA | -91.3% |
| ROE | 591.4% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €163k |
| Fixed assets | 21/28 | €76k |
| Formation expenses | 20 | €0 |
| Tangible fixed assets | 22/27 | €74k |
| Financial fixed assets | 28 | €2k |
| Current assets | 29/58 | €87k |
| Amounts receivable within one year | 40/41 | €86k |
| Cash & bank | 54/58 | €7 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €163k |
| Equity | 10/15 | €-25k |
| Contributions / capital | 10/11 | €10k |
| Reserves | 13 | €84k |
| Accumulated profits (losses) | 14 | €-119k |
| Amounts payable | 17/49 | €188k |
| Amounts payable after one year | 17 | €45k |
| Amounts payable within one year | 42/48 | €142k |
| Trade debts payable within one year | 44 | €83k |
| Income statement | ||
| Gross operating margin | 9900 | €-59k |
| Operating result | 9901 | €-133k |
| Financial income | 75 | €464 |
| Financial charges | 65 | €15k |
| Result before taxes | 9903 | €-148k |
| Income taxes | 67/77 | €603 |
| Net result for the period | 9904 | €-149k |
| Result to be appropriated | 9905 | €-149k |
| NACE primary | Specialised construction(43211) |
| Legal form | Private limited company(610) |
| Incorporation | 06-05-2022 |
| Status | Active |
| Postal code | 6001 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52392D0095/00G011 | Wallonia | 689 m² | 1 · 141 m² | 11.4 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
26-08-2024 Registered office moved to MARCINELLE
- Avenue Centrale 16 à 6001 MARCINELLE
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Avenue Centrale 16 \u00E0 6001 MARCINELLE",
"city": "MARCINELLE",
"region": "waals_gewest",
"street": "Avenue Centrale",
"country": "BE",
"postcode": "6001",
"box_number": null,
"street_number": "16",
"locality_suffix": null
},
"old_address": null,
"effective_date": "2024-05-02",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "inferred",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Walcourt",
"is_associated": false
},
"act_meta": {
"language": "fr",
"pub_date": null,
"filing_date": "2024-08-14",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decision": {
"body": "algemene_vergadering",
"date": "2024-05-02",
"unanimous": true
},
"subject_company": {
"kbo": "0785.793.733",
"name_full": "STYLE SOLAR",
"legal_form": "SRL"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "VAN KREVELEN Cevans",
"org_rep_person_name": null,
"person_role_at_subject": "Administrateur"
},
"co_filed_documents": [
"copie du proc\u00E8s verbal de l\u0027assembl\u00E9e g\u00E9n\u00E9rale Extraordinaire du 02.05.2024"
]
}14-05-2024 Publication in the Belgian Official Gazette, Miscellaneous
Technical details
{
"stage": null,
"notary": {
"name": "Christine CLINQUART",
"firm_city": null,
"firm_name": null,
"office_city": "Jumet",
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2024-05-14",
"filing_date": "2022-05-10",
"act_kind_objet": "CONSTITUTION"
},
"decision": {
"body": "notarieel_alleen",
"act_date": "2022-05-05",
"unanimous": true
},
"conversion": null,
"detected_kind": "material_correction",
"report_waiver": null,
"restructuring": {
"parties": [
{
"kbo": "0785.793.733",
"name": "STYLE SOLAR",
"role": "contributor",
"address": "5650 WALCOURT, RUE TIENNE DU MOULIN, 3",
"is_foreign": false,
"legal_form": "SOCIETE A RESPONSABILITE LIMITEE",
"is_new_company": true,
"jurisdiction_country": null
},
{
"kbo": null,
"name": "VAN KREVELEN Cevans",
"role": "other",
"address": "5651 Walcourt (section de Laneffe), rue Tienne du Moulin, num\u00E9ro 3",
"is_foreign": false,
"legal_form": null,
"is_new_company": false,
"jurisdiction_country": null
},
{
"kbo": null,
"name": "BIDDAU Valentina",
"role": "other",
"address": "5651 Walcourt (section de Laneffe), rue Tienne du Moulin, num\u00E9r\u043E 3",
"is_foreign": false,
"legal_form": null,
"is_new_company": false,
"jurisdiction_country": null
}
],
"exchange_ratio": null,
"legal_articles": [],
"is_cross_border": false,
"is_silent_merger": false,
"balance_basis_date": null,
"exchange_ratio_text": null,
"new_shares_issued_n": 100,
"real_estate_included": false,
"patrimony_description": "The company was constituted with a starting equity of 10,000 EUR, represented by 100 shares.",
"equity_transferred_eur": 10000.0,
"accounting_effective_date": null
},
"subject_company": {
"kbo": "0785.793.733",
"name_full": "STYLE SOLAR",
"legal_form": "SOCIETE A RESPONSABILITE LIMITEE"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Christine CLINQUART",
"org_rep_person_name": null
},
"summary_narrative": "Suite \u00E0 une erreur mat\u00E9rielle, une publication erron\u00E9e du 10 mai 2022 est remplac\u00E9e par la publication d\u0027un acte de constitution de la soci\u00E9t\u00E9 \u00E0 responsabilit\u00E9 limit\u00E9e \u00AB STYLE SOLAR \u00BB, dat\u00E9 du 5 mai 2022. L\u0027acte nomme deux fondateurs, Cevans VAN KREVELEN et Valentina BIDDAU, et fixe le si\u00E8ge social \u00E0 Walcourt.",
"co_filed_documents": [
"une exp\u00E9dition de l\u0027acte",
"les statuts coordonn\u00E9s initiaux"
],
"detected_real_type": "material_correction",
"referenced_correction": {
"prior_pub_date": "2022-05-10",
"what_corrected": "Erroneous publication",
"prior_pub_number": "2022-05-10/0330581"
},
"should_reroute_to_category": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | STYLE SOLAR |