Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 6 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Styx Services from Oostkamp, company number BE0456871186, closed financial year 2025 with a result of € -26,258 after tax. For that financial year Styx Services recorded a gross margin of € 23,763 and equity of € 1.1 million. Compared with financial year 2024, the result moved from € 17,927 to € -26,258. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 26, 2026.
€ 1.1 million
▼ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -26,258
▼ still € 17,927 profit in 2024
Profit after tax over the fiscal year.
€ 2,907
▼ 75% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.1 million.
People and assets in 2025
€ 1,845
▼ 31% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 100,463
▼ 30% vs 2024
€ 44,370 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 1,066
▲ € 940 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,563
▼ 98% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 665,449 | € 313,575 | € 44,401 | € 23,763 | ▼ 46% |
| Profit after taxes | € 432,345 | € 147,111 | € 17,927 | € -26,258 | ▼ € 44,185 |
| Equity | € 1,296,403 | € 1,365,004 | € 1,230,326 | € 1,102,030 | ▼ 10% |
| Total debts | € 265,392 | € 285,498 | € 233,059 | € 253,504 | ▲ 9% |
| Cash | € 196,655 | € 41,423 | € 11,832 | € 2,907 | ▼ 75% |
| Land & buildings | € 1,209,304 | € 1,512,923 | € 1,477,467 | € 1,430,833 | ▼ 3% |
| Retained profit | € 1,284,003 | € 1,352,604 | € 1,217,926 | € 1,089,630 | ▼ 11% |
| Dividend | € 77,466 | € 78,509 | € 152,606 | € 102,038 | ▼ 33% |
| Bank debt | € 230,933 | € 187,879 | € 144,390 | € 100,463 | ▼ 30% |
| Balance sheet total | € 1,737,407 | € 1,784,722 | € 1,594,481 | € 1,483,323 | ▼ 7% |
Key figures of Styx Services, 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 Styx Services?
What happened at Styx Services in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 26,258 (▼ € 44,185 vs 2024). Source: NBB ↗
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
In short
From € 432,345 profit in 2022 to € 26,258 loss in 2025.
Paid € 200,397 in corporate taxes since 2022.
Best year ever: 2022, with € 432,345 profit.
Paid out € 410,618 in dividends to the owners in total.
Management
Behind Styx Services is Frank De Geeter.
Directors
According to the 2025 annual accounts
Frank De Geeter
Director
Establishments
Establishment units
Physical locations of this company
Veumedreef 10
8020 Oostkamp
Ruddershove 10
8000 Brugge
Active since 27 December 1995
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0456.871.186
- VAT number
- BE 0456.871.186
- Registered office
- Veumedreef 10, 8020 Oostkamp
- Names & denominations
- Styx Services
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 December 1995
- Peppol
- Active · Active since 6 Feb 2025
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