STYLINGER
BankruptcySummary
The KBO register records for STYLINGER the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2023 annual accounts show equity of €621 and a net result of €2k.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 29-08-2024, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
29 d late
2022
69 d late
2021
123 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Turnover
€193k
EBIT margin
1.2%
Net result
€2k▼ 60.8%
2022 · €5k
Working capital
€-9k▲ 37.6%
2022 · €-15k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202120222023
Turnover€193k
Operating result€-26k-€6k€2k▼ 58.3%
Net result€-26k-€5k€2k▼ 60.8%
EBIT margin1.2%
Equity€-6k-€-1k▲ 78.8%€621
Total assets€58k-€142k▲ 145%€279k▲ 97.1%
Debt€64k-€143k▲ 123%€278k▲ 94.8%
Working capital€-25k-€-15k▲ 38.9%€-9k▲ 37.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2023; 2023 is 58% below 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €279k
Fixed assets
€10k ▼ 27.0%
Current assets
€269k ▲ 111%
Equity and liabilities €279k
Equity
€621
Debt
€278k
Debt finances 99.8% of the balance-sheet total.
Key figures and ratios
EBITDA
€6k▼
2022 · €10k
Cash flow
€6k▼
2022 · €10k
Current ratio
0.97▲
2022 · 0.89
Quick ratio
0.15▼
2022 · 0.47
ROA
0.7%▼
2022 · 3.6%
Interest coverage
18.22▼
2022 · 63.19
Debt ≤ 1 year
€278k▲
2022 · €143k
Staff costs
€45k▲
2022 · €26k
Equity ratios withheld: equity of €621 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Turnover70 | - | - | €193k | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | €141k | - |
| Remuneration, social security and pensions62 | €21k | €26k | €45k | ▲ 72.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6k | €5k | €4k | ▼ 19.1% |
| Other operating charges640/8 | €511 | €2k | €1k | ▼ 10.8% |
| Gross operating margin9900 | €935 | €38k | €53k | ▲ 38.5% |
| Operating profit (loss)9901 | €-26k | €6k | €2k | ▼ 58.3% |
| Financial charges65/66B | €202 | €161 | €331 | ▲ 106% |
| Recurring financial charges65 | €202 | €161 | €331 | ▲ 106% |
| Profit (loss) for the period before taxes9903 | €-26k | €5k | €2k | ▼ 63.2% |
| Income taxes67/77 | - | €337 | - | - |
| Profit (loss) for the period9904 | €-26k | €5k | €2k | ▼ 60.8% |
| Profit (loss) for the period to be appropriated9905 | €-26k | €5k | €2k | ▼ 60.8% |
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €58k | €142k | €279k | ▲ 97.1% |
| Formation expenses20 | €0 | - | - | - |
| Fixed assets21/28 | €18k | €14k | €10k | ▼ 27.0% |
| Tangible fixed assets22/27 | €18k | €14k | €10k | ▼ 27.0% |
| Furniture and vehicles24 | €18k | €14k | €10k | ▼ 27.0% |
| Current assets29/58 | €39k | €128k | €269k | ▲ 111% |
| Stocks and contracts in progress3 | €24k | €60k | €227k | ▲ 277% |
| Stocks30/36 | €24k | €60k | €227k | ▲ 277% |
| Amounts receivable within one year40/41 | €320 | €66k | €37k | ▼ 44.3% |
| Trade receivables40 | €320 | €66k | €37k | ▼ 44.8% |
| Other amounts receivable41 | - | - | €354 | - |
| Cash at bank and in hand54/58 | €15k | €968 | €5k | ▲ 371% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €58k | €142k | €279k | ▲ 97.1% |
| Equity10/15 | €-6k | €-1k | €621 | ▲ 146% |
| Contributions10/11 | €20k | €20k | €20k | = |
| Profit (loss) carried forward14 | €-26k | €-21k | €-19k | ▲ 9.3% |
| Amounts payable17/49 | €64k | €143k | €278k | ▲ 94.8% |
| Amounts payable within one year42/48 | €64k | €143k | €278k | ▲ 94.8% |
| Trade debts44 | €39k | €41k | €223k | ▲ 447% |
| Suppliers440/4 | €39k | €41k | €223k | ▲ 447% |
| Advances received on contracts in progress46 | - | €31k | - | - |
| Taxes, remuneration and social security45 | €18k | €35k | €35k | ▲ 1.3% |
| Taxes450/3 | €12k | €30k | €23k | ▼ 23.8% |
| Remuneration and social security454/9 | €6k | €5k | €12k | ▲ 159% |
| Other amounts payable47/48 | €7k | €36k | €20k | ▼ 45.4% |
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €-26k | €5k | €2k | ▼ 60.8% |
| + Depreciation and write-downs630 | €6k | €5k | €4k | ▼ 19.1% |
| Operating cash flow (approximation) | €-21k | €10k | €6k | ▼ 40.9% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - |
| Change in cash | - | €-14k | €4k | ▲ 126% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
08-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 69 days late
2022
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
01-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 123 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Seraing · 1 establishment unit since 2021
Ground area
5.0 ha
Building footprint
5.0 ha
Volume, LiDAR
488,515 m³
2 parcels, Brussels, Wallonia · tallest building 18.2 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
STYLINGER
since 20212.318.024.638
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21307F0076/00D000 | Brussels | 5.0 ha | 1 · 5.0 ha | 17.9 m · 4 fl. |
| 62352E0460/00L003 | Wallonia | 788 m² | 1 · 155 m² | 18.2 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 2,213 companies in sector 47711 we hold annual accounts for 887. 93 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
Founded20-09-2020
Fiscal year end31-12
Activities, NACEBEL 2025
47711Retail sale of women's outerwear
Scores and ratios are computed by Checked and are not a credit decision.