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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Negative equity NBB
More debt than assets in 1 of the last 3 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 46 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Styrax from Merchtem, company number BE0792694787, closed financial year 2025 with a result of € -4,485 after tax. For that financial year Styrax recorded a gross margin of € 7,543 and equity of € -671. Compared with financial year 2024, the result moved from € -2,727 to € -4,485. 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 5, 2026.
€ -671
▼ € 4,485 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4,485
▼ 64 % more loss than in 2024
Profit after tax over the fiscal year.
€ 6,057
▼ 26% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1,171.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 29,020
▼ 18% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 27,769
▼ 14% vs 2024
€ 7,455 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 201
▲ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,574
▲ € 2,322 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 12,835 | € 2,344 | € 7,543 | ▲ 222% |
| Profit after taxes | € 6,041 | € -2,727 | € -4,485 | ▼ € 1,757 |
| Equity | € 6,541 | € 3,814 | € -671 | ▼ € 4,485 |
| Total debts | € 8,897 | € 42,408 | € 37,744 | ▼ 11% |
| Cash | € 7,746 | € 8,213 | € 6,057 | ▼ 26% |
| Retained profit | € 6,041 | € 3,314 | € -1,171 | ▼ € 4,485 |
| Bank debt | € 2,358 | € 32,332 | € 27,769 | ▼ 14% |
| Balance sheet total | € 15,437 | € 46,221 | € 37,073 | ▼ 20% |
Key figures of Styrax, fiscal years 2023 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 Styrax?
What happened at Styrax in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 4,485. filed late Source: NBB ↗
- New establishment in Merchtem. KBO
- Ysaure Custers became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 6,041 profit in 2023 to € 4,485 loss in 2025.
Paid € 2,876 in corporate taxes since 2023.
Best year ever: 2023, with € 6,041 profit.
Management
Behind Styrax is Ysaure Custers.
Directors
According to the 2025 annual accounts
Ysaure Custers
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Terlinden 178
1785 Merchtem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0792.694.787
- VAT number
- BE 0792.694.787
- Registered office
- Terlinden 178, 1785 Merchtem
- Names & denominations
- Styrax
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 October 2022
- Peppol
- Active · Active since 27 Jun 2024
- Contact
- [email protected]
- Activities · NACE
Detailhandel in farmaceutische producten
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