Equity
-€3.0m
Debts exceed assets in financial year 2025.
STYLESPACE
Part of the group
15 companies in 2 countries
Lifetime
20 annual accounts with figures on one time axis, 36 filings since 1990peak €646,189 (2023)
€169,967▼ 23.3%
lowest -€2.0m (2008)
-€272,672▼ €14,277
peak €1.2m (2007)
-€3.0m▼ €272,672
€4.3m▲ 6.7%
peak 10.5 FTE (2006)
6.7 FTE▼ 5.6%
Board8 names since 2009
2 directors and 1 other
Owners2 names in the annual accounts
100% and 1 other
Documentsfilings and deeds
29-06-202632 days before the deadline
2025abbreviated format
Gross margin from €221,608 to €169,967Loss of €272,672Cash from €146,497 to €71,535
Key points
from the 2025 annual accountsLosses
-€531,068 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
Debts
€4.3m 312% of the balance sheet
Suppliers 44%Taxes and wages 2%Other 54%
Of this, €2.0m falls due within a year.
Staff
6.7 FTE from 10.5 in 2006
Between 2006 and 2025, 36% of the full-time equivalents disappeared.
Filings
36 annual accounts since 1990
The last five annual accounts were filed 30 to 40 days before the end of the period.
Position in the sector
-212.4%
Lower solvency than 95% of companies in wholesale trade. Sector median 44.1% · 10,745 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 6,618 companies had the same profile as STYLESPACE has now. Each dot stands for 17 companies, two years later.
84.5%
were still trading
10.0%
stopped another way
4.5%
went bankrupt
Another 1.0% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 6,618 companies, not a prediction for STYLESPACE. 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
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Director, , since 05-12-2024
Director, , since 05-12-2024
- 100%score equity €3.7m (2025) · 2025 annual accounts of
- 100%equity €518,058 (2025) · 2025 annual accounts of
Recent changes
2 directors appointed, 1 resignation
Resignation: (sole director) · Appointments: and · Permanent representatives: , and · General meeting of 05-12-2024 · Gazette deed
1 director appointed, 1 resignation
Resignation: (managing director) · Appointment: . · Permanent representatives: and · General meeting of 30-08-2024 · Gazette deed
Company renamed from STYLESPACE AFV-R to STYLESPACE
Resignation: (managing director) · Appointment: . (sole director) · Permanent representative: · General meeting of 22-11-2023 · Gazette deed
2 directors reappointed
and · Permanent representative: · General meeting of 16-06-2015 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| STYLESPACE Charleroi | €1.4m | €169,967 | -212.4% | 6.7 |
| EMV - INDUSTRIES Tournai | €1.5m | €335,618 | 20.1% | 5 |
| HITALTECH Auderghem | €1.0m | €167,334 | 72.0% | 4.1 |
| COMPTOIR DE MATERIEL ELECTRIQUE Liège | €1.0m | €220,831 | 26.0% | 3.9 |
| Halfin Electronics Brussels | €0.8m | €309,707 | 74.3% | 5.3 |
| GEBELUX Saint-Georges-sur-Meuse | €1.4m | €413,880 | 61.8% | 4.8 |
| BRAINTRONIC SYSTEMS INSTALLATIONS Braine-l'Alleud | €1.0m | €399,117 | 35.3% | 7 |
These companies have the same main activity as STYLESPACE: wholesale of electrical equipment, including installation materials (NACE 46643). They are comparable in size and age: total assets between €842,000 and €1.5m, founded between 1986 and 1995.
Official details
Source: KBO- Status
- Active since 28-09-1989Normal situation
- Activity
- Wholesale of electrical equipment, including installation materialsNACE 46643and 2 others
- Joint committees
- 149.01Electricians: installation and distribution
- 201Independent retail · annual accounts 2025
- Establishment unit
- 2.045.115.9306001 Charleroi, since 10-10-1989
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- ≈ €870,000estimated
- €1.4m▼ 0.1%
- Employeeson 31-12-2025
- 8▲ 33.3%
- Filing
- Filed on 29-06-2026, 32 days before the end of the filing period
Insights on STYLESPACE
STYLESPACE files the abbreviated format. That format states no turnover. The gross margin fell from €458,836 in 2006 to €169,967 in 2025.
holds all the shares.
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 STYLESPACE
- What is the company number of STYLESPACE?
- The company number of STYLESPACE is 0438.420.402. The VAT number is the same number with BE in front: BE 0438.420.402.
- Where is STYLESPACE based?
- The registered office is at Rue des Hiercheuses 28, 6001 Charleroi.Company details
- What does STYLESPACE do?
- According to the KBO register, the main activity is wholesale of electrical equipment, including installation materials (NACE 46643).
- What is the legal form of STYLESPACE?
- STYLESPACE is a public limited company (NV).
- When was STYLESPACE founded?
- STYLESPACE was founded on 28-09-1989.
- Is STYLESPACE still active?
- Yes, STYLESPACE is an active enterprise in the KBO register.
- How many employees does STYLESPACE have?
- STYLESPACE had an average of 6.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does STYLESPACE fall under?
- In its 2025 annual accounts, STYLESPACE states joint committees 149.01 (Electricians: installation and distribution) and 201 (Independent retail).
- What is the turnover of STYLESPACE?
- The turnover in financial year 2025 is ≈ €870,000. This figure is estimated from the gross margin of €169,967 and 102 comparable companies (NACE 46). It probably lies between €410,000 and €1.6m.
- Is STYLESPACE profitable?
- In financial year 2025, STYLESPACE made a loss of €272,672.
- Where can I find the annual accounts of STYLESPACE?
- STYLESPACE filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of STYLESPACE due?
- STYLESPACE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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