Styling & Concept
Open bankruptcyA bankruptcy procedure is open for Styling & Concept according to publications in the Belgian State Gazette; curator: CHRISTINE VERMEIRE.
Summary
The 2021 annual accounts show equity of €24,921 and a net result of €24,158.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Ghent, Bruges division
- Declared bankrupt
- 2 October 2023
- Supervising judge
- Peter Goekint
- Official Gazette
- 11-10-2023 (pdf) ↗search the document for 2023/137667
Deadlines
- Provisional date payments stopped
- 2 October 2023A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 26 October 2023Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 1 November 2023art. XX.104 and XX.155 CEL
- First verification report
- passed on 13 November 2023Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- passed on 2 October 2024Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Christine VermeireGroendreef 8, 8400 Oostendechristine.vermeire@advocaat.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Two signals.
+raises risk
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment How is the Business and other management consultancy sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2021, micro schema
Equity
€24,921▲ 0.6%
2020 · €24,763
Total assets
€221,808▼ 28.8%
2020 · €311,397
Net result
€24,158▼ 63.7%
2020 · €66,563
Working capital
€17,688▲ 4.3%
2020 · €16,962
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, 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
Line20202021
Operating result€68,944-€28,041▼ 59.3%
Net result€66,563within the sector's middle half-€24,158within the sector's middle half▼ 63.7%
Equity€24,763below the sector's middle half-€24,921below the sector's middle half▲ 0.6%
Total assets€311,397below the sector's middle half-€221,808within the sector's middle half▼ 28.8%
Debt€286,634-€196,887▼ 31.3%
Working capital€16,962within the sector's middle half-€17,688within the sector's middle half▲ 4.3%
Solvency8.0%below the sector's middle half-11.2%below the sector's middle half▲ 3.3pp
Current ratio1.06within the sector's middle half-1.09within the sector's middle half▲ 0.03
Return on assets (ROA)21.4%above the sector's middle half-10.9%within the sector's middle half▼ 10.5pp
Staff (FTE)8.5above the sector's middle half-7▼ 17.6%
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2021; 2021 is 59% below 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €221,808
Fixed assets
€7,233 ▼ 7.3%
Current assets
€214,576 ▼ 29.3%
Equity and liabilities €221,808
Equity
€24,921 ▲ 0.6%
Debt
€196,887 ▼ 31.3%
Debt's share of the balance-sheet total falls from 92.0% to 88.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€30,552▼
2020 · €73,043
Cash flow
€26,669▼
2020 · €70,662
Debt to equity
7.90
ROE
96.9%▼
2020 · 268.8%
Interest coverage
6.91
Debt ≤ 1 year
€196,887▼
2020 · €286,634
Income taxes
€1,551▲
2020 · €21
Staff costs
€261,058
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | - | €261,058 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,099 | €2,511 | ▼ 38.7% |
| Other operating charges640/8 | - | €9,083 | - |
| Gross operating margin9900 | €442,117 | €300,693 | ▼ 32.0% |
| Operating profit (loss)9901 | €68,944 | €28,041 | ▼ 59.3% |
| Financial income75/76B | - | €2,088 | - |
| Recurring financial income75 | €5,384 | €2,088 | ▼ 61.2% |
| Financial charges65/66B | - | €4,419 | - |
| Recurring financial charges65 | €7,745 | €4,419 | ▼ 42.9% |
| Profit (loss) for the period before taxes9903 | €66,584 | €25,709 | ▼ 61.4% |
| Income taxes67/77 | €21 | €1,551 | ▲ 7,319% |
| Profit (loss) for the period9904 | €66,563 | €24,158 | ▼ 63.7% |
| Profit (loss) for the period to be appropriated9905 | €66,563 | €24,158 | ▼ 63.7% |
| Line | 2020 | 2021 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €311,397 | €221,808 | ▼ 28.8% |
| Fixed assets21/28 | €7,801 | €7,233 | ▼ 7.3% |
| Intangible fixed assets21 | €6,284 | €4,350 | ▼ 30.8% |
| Tangible fixed assets22/27 | €1,517 | €2,882 | ▲ 90.0% |
| Plant, machinery and equipment23 | - | €2,882 | - |
| Current assets29/58 | €303,596 | €214,576 | ▼ 29.3% |
| Amounts receivable within one year40/41 | €267,528 | €210,819 | ▼ 21.2% |
| Trade receivables40 | - | €45,194 | - |
| Other amounts receivable41 | - | €165,626 | - |
| Cash at bank and in hand54/58 | €35,683 | €2,821 | ▼ 92.1% |
| Deferred charges and accrued income490/1 | - | €935 | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €311,397 | €221,808 | ▼ 28.8% |
| Equity10/15 | €24,763 | €24,921 | ▲ 0.6% |
| Contributions10/11 | - | €6,200 | - |
| Reserves13 | €18,563 | €18,721 | ▲ 0.9% |
| Distributable reserves133 | - | €18,721 | - |
| Amounts payable17/49 | €286,634 | €196,887 | ▼ 31.3% |
| Amounts payable within one year42/48 | €286,634 | €196,887 | ▼ 31.3% |
| Trade debts44 | €171,977 | €51,310 | ▼ 70.2% |
| Suppliers440/4 | - | €51,310 | - |
| Taxes, remuneration and social security45 | - | €121,577 | - |
| Taxes450/3 | - | €70,470 | - |
| Remuneration and social security454/9 | - | €51,108 | - |
| Other amounts payable47/48 | - | €24,000 | - |
| Line | 2020 | 2021 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €66,563 | €24,158 | ▼ 63.7% |
| + Depreciation and write-downs630 | €4,099 | €2,511 | ▼ 38.7% |
| Operating cash flow (approximation) | €70,662 | €26,669 | ▼ 62.3% |
| Investment in fixed assets (approximation) | - | -€1,943 | - |
| Change in cash | - | -€32,862 | - |
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
2023
11-10
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Brugge · event 02-10-2023
21-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 264 days late
2021
06-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 128 days late
SignalNBB filing
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Gistel · 3 establishment units since 2019
Ground area
1,487 m²
Building footprint
1,664 m²
Volume, LiDAR
11,157 m³
4 parcels, Flanders · tallest building 21.4 m, ±6 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
3 establishment units
Veritas
since 20192.289.142.788
Veritas
since 20192.300.991.240
Veritas
since 20192.300.991.339
4 parcels
Flanders
4
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35020A0326/00H000 | Flanders | 514 m² | 1 · 916 m² | 8.8 m |
| 31004A0315/00N000 | Flanders | 362 m² | 1 · 362 m² | 21.4 m · 6 fl. |
| 35013A0066/00K000 | Flanders | 324 m² | 1 · 324 m² | 20.0 m · 5 fl. |
| 35005A0494/00A002 | Flanders | 287 m² | 1 · 62 m² | 8.4 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
4 of 4 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | CHRISTINE VERMEIRE GROENDREEF 8,
8400 OOSTENDE |
02-10-2023 → present |
Public money · subsidies and aid
Flemish government
2022 to 2024 · 3 entries · 7,208 EUR awarded · 6,322 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 886 EUR | 0 EUR |
| 2023 | 1 | 2,881 EUR | 2,881 EUR |
| 2022 | 1 | 3,441 EUR | 3,441 EUR |
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Of 82,646 companies in sector 70200 we hold annual accounts for 52,627. 32,902 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 (pre-2019)
Founded27-03-2019
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
41001General construction of residential buildings
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.