What does Kelly Style do?

Kelly Style is a shoe shop in Tienen. Private Limited, started on 19 December 1988, 1 establishment.

What is the address of Kelly Style?

The registered office of Kelly Style is located at Nieuwstraat 41, 3300 Tienen.

Is Kelly Style still active?

Yes. According to the CBE (31 October 2026) Kelly Style is active, legal situation “Normale toestand”, started on 19 December 1988.

Is Kelly Style registered on Peppol?

Yes, Kelly Style is registered on the Peppol network with ID 0208:0436122094.

What is the enterprise number of Kelly Style?

The enterprise number of Kelly Style is BE0436122094.

When was Kelly Style founded?

Kelly Style was founded on 19 December 1988.

Who are the directors of Kelly Style?

According to the 2025 annual accounts, the directors of Kelly Style are: Kelly Mottard, Serge Oliviers.

Is Kelly Style a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 19 December 1988; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did Kelly Style make in 2025?

Kelly Style recorded a loss after taxes of € 50,201 in financial year 2025.

What is the revenue of Kelly Style?

As a small company, Kelly Style is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € -43,050.

Kelly Style (Private Limited) - Tienen - BE0436122094

Dossier Kelly Style, printed on 31 October 2026 from databakkes.be/en/0436122094/kelly-style. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Negative equity NBB

More debt than assets in 4 of the last 4 fiscal years.
Tight liquidity NBB

Cash and receivables cover 9 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

Kelly Style from Tienen, company number BE0436122094, closed financial year 2025 with a result of € -50,201 after tax. For that financial year Kelly Style recorded a gross margin of € -43,050 and equity of € -172,865. Compared with financial year 2024, the result moved from € 27,927 to € -50,201. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 25, 2026.

What it is worth Caution

€ -172,865

▼ € 50,201 vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -50,201

▼ still € 27,927 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 13,136

▼ 20% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -363,865.

People and assets in 2025

Vehicles and equipment

€ 146

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 13 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 64,174

€ 5,111 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.

Owed to suppliers

€ 36,564

▼ 18% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 30,449

▲ 76% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ -5,056 Gross margin 2022: € -5,056 First fiscal year in the series	€ 9,638 Gross margin 2023: € 9,638 ▲ € 14,694 vs 2022 (€ -5,056) Favourable step	€ 32,631 Gross margin 2024: € 32,631 ▲ 239% vs 2023 (€ 9,638) Favourable step	€ -43,050 Gross margin 2025: € -43,050 ▼ € 75,681 vs 2024 (€ 32,631) Unfavourable step	▼ € 75,681
Profit after taxes	€ -12,971 Profit after taxes 2022: € -12,971 First fiscal year in the series	€ 306 Profit after taxes 2023: € 306 ▲ € 13,277 vs 2022 (€ -12,971) Favourable step	€ 27,927 Profit after taxes 2024: € 27,927 ▲ € 27,621 vs 2023 (€ 306) Favourable step	€ -50,201 Profit after taxes 2025: € -50,201 ▼ € 78,128 vs 2024 (€ 27,927) Unfavourable step	▼ € 78,128
Equity	€ -150,898 Equity 2022: € -150,898 First fiscal year in the series	€ -150,591 Equity 2023: € -150,591 Unchanged (€ -150,898) Favourable step	€ -122,664 Equity 2024: € -122,664 ▲ € 27,927 vs 2023 (€ -150,591) Favourable step	€ -172,865 Equity 2025: € -172,865 ▼ € 50,201 vs 2024 (€ -122,664) Unfavourable step	▼ € 50,201
Total debts	€ 278,803 Total debts 2022: € 278,803 First fiscal year in the series	€ 319,929 Total debts 2023: € 319,929 ▲ 15% vs 2022 (€ 278,803) Unfavourable step	€ 318,205 Total debts 2024: € 318,205 ▼ 1% vs 2023 (€ 319,929) Favourable step	€ 422,051 Total debts 2025: € 422,051 ▲ 33% vs 2024 (€ 318,205) Unfavourable step	▲ 33%
Cash	€ 1,572 Cash 2022: € 1,572 First fiscal year in the series	€ 7,651 Cash 2023: € 7,651 ▲ € 6,079 vs 2022 (€ 1,572) Favourable step	€ 16,414 Cash 2024: € 16,414 ▲ 115% vs 2023 (€ 7,651) Favourable step	€ 13,136 Cash 2025: € 13,136 ▼ 20% vs 2024 (€ 16,414) Unfavourable step	▼ 20%
Land & buildings	€ 143 Land & buildings 2022: € 143 First fiscal year in the series	€ 0 Land & buildings 2023: € 0 ▼ 100% vs 2022 (€ 143) Unchanged	-	€ 105,696 Land & buildings 2025: € 105,696 First fiscal year in the series
Retained profit	€ -341,898 Retained profit 2022: € -341,898 First fiscal year in the series	€ -341,591 Retained profit 2023: € -341,591 Unchanged (€ -341,898) Favourable step	€ -313,664 Retained profit 2024: € -313,664 ▲ € 27,927 vs 2023 (€ -341,591) Favourable step	€ -363,865 Retained profit 2025: € -363,865 ▼ € 50,201 vs 2024 (€ -313,664) Unfavourable step	▼ € 50,201
Bank debt	€ 0 Bank debt 2022: € 0 First fiscal year in the series	€ 0 Bank debt 2023: € 0 Unchanged (€ 0) Unchanged	€ 0 Bank debt 2024: € 0 Unchanged (€ 0) Unchanged	€ 64,174 Bank debt 2025: € 64,174 Unchanged (€ 0) Unfavourable step
Balance sheet total	€ 127,905 Balance sheet total 2022: € 127,905 First fiscal year in the series	€ 169,337 Balance sheet total 2023: € 169,337 ▲ 32% vs 2022 (€ 127,905) Unchanged	€ 195,541 Balance sheet total 2024: € 195,541 ▲ 15% vs 2023 (€ 169,337) Unchanged	€ 249,186 Balance sheet total 2025: € 249,186 ▲ 27% vs 2024 (€ 195,541) Unchanged	▲ 27%

Key figures of Kelly Style, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to Kelly Style?

What happened at Kelly Style in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Aug 25, 2026 New annual accounts for financial year 2025: loss of € 50,201 (▼ € 78,128 vs 2024). filed late Source: NBB ↗
Mar 3, 1989 New establishment in Tienen. KBO
Dec 19, 1988 Start of the company according to the CBE. KBO

In short

From € 12,971 loss in 2022 to € 50,201 loss in 2025.

Paid € 2,345 in corporate taxes since 2022.

Best year ever: 2024, with € 27,927 profit.

Original PDFs at the National Bank ↗

Management

Kelly Mottard Serge Oliviers

Kelly Style

Behind Kelly Style are Kelly Mottard and Serge Oliviers.

Directors

According to the 2025 annual accounts

Kelly Mottard

Director

Serge Oliviers

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Nieuwstraat 41

3300 Tienen

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number: 0436.122.094
VAT number: BE 0436.122.094
Registered office: Nieuwstraat 41, 3300 Tienen
Names & denominations: Kelly Style
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Normale toestand
Start date: 19 December 1988
Peppol: Active · Active since 11 Jul 2024
Activities · NACE: Detailhandel in lederwaren en reisartikelen

View on CBE Public ↗ Annual accounts (NBB) ↗