Active BE 0767.501.315Private limited company

AFRO BEAUTY STORE

Grand-Rue 82 ·7000 Mons, Belgium· 5 yrs active

Sector: Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen (47110)

Conclusion Checked

The computed 12-month bankruptcy probability of AFRO BEAUTY STORE is 3.5% (moderate). The 2024 annual accounts show equity of €63k and a net result of €39k. Equity is growing by ~198.2% per year across the filed fiscal years. Its solvency ranks better than 69% of 6722 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 4 annual accounts.

Key figures

Equity	€63k
Net result	€39k
Better than sector	69%
Active	5 yrs

Financial profile 5 of 5 axes measured · computed by Checked

84 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 96

Profitability 68

Solvency 76

Growth 85

Stability 94

Bankruptcy probability (12 mo) Checked model v1 · free

3.5% Moderate

0%0,5%1,5%4%10%≥25%

Young company +Multiple establishment units +Higher-failure-rate sector +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

More than 3 years active

Founded in 2021, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2024 · computed

96 / 100 Excellent

050100

Computed from 6 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Financial overview4 NBB filings

Annual accounts filed on 07-10-2025 with the NBB · fiscal year 2024 · micro

RevenueOperating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

growing Equity: growth of ~198.2%/year over 4 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2024 · NACE 47, Retail trade · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	40.7%	20.4%	better than 69% of 6722 sector peers
Net result	€39k	€4k	better than 86% of 6703 sector peers
Equity	€63k	€16k	better than 77% of 6737 sector peers
Gross operating margin	€129k	€24k	better than 87% of 6682 sector peers
Staff costs	€82k	€33k	higher than 78% of 3049 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Revenue

€521k

+0.6% 21-24

EBITDA

€45k

+69.9% 21-24

Net profit

€39k

+94.9% 21-24

Cash flow

€41k

+85.7% 21-24

Total assets

€154k

+213.1% 21-24

Equity

€63k

+159.9% 21-24

Working capital

€58k

+240.3% 21-24

Staff costs

€82k

-41.4% 21-24

Show 12 other metrics

Income taxes

€569

+12.1% 21-24

Debt

€91k

+264.3% 21-24

Debt ≤ 1y

€91k

+264.3% 21-24

Current ratio

1.63

-2.7% 21-24

Quick ratio

1.53

+27.0% 21-24

Solvency

40.7%

-17.0% 21-24

Debt / equity

1.46

+40.2% 21-24

ROE

61.5%

-25.0% 21-24

ROA

25.0%

-37.8% 21-24

Net margin

7.4%

+93.8% 21-24

EBITDA margin

8.6%

+68.9% 21-24

Interest coverage

12.44

+112.1% 21-24

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	micro
Revenue	€521k
EBITDA	€45k
Net profit	€39k
Cash flow	€41k
Staff costs	€82k
Income taxes	€569
Dividends	-
Total assets	€154k
Equity	€63k
Debt	€91k
of which ≤ 1y	€91k
of which > 1y	-
Working capital	€58k
Employees (FTE)	-

Ratios (computed)

	2024
Current ratio	1.63
Quick ratio	1.53
Working capital ratio	37.4%
Solvency	40.7%
Debt / equity	1.46
Long-term debt ratio	-
Interest coverage	12.44
Gross margin	24.6%
Net margin	7.4%
ROA	25.0%
ROE	61.5%
EBITDA margin	8.6%
Days sales outstanding	43d
Days payable outstanding	60d
Inventory turnover	41.59
Days inventory (DSI)	9d

Balance-sheet composition 2024

Assets

Fixed assets €5k · 3.3% Current assets €149k · 96.7%

Equity & liabilities

Equity €63k · 40.7% Debt €91k · 59.3%

Full annual accounts (22 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€154k
Fixed assets	21/28	€5k
Tangible fixed assets	22/27	€5k
Current assets	29/58	€149k
Stocks & contracts in progress	3	€9k
Amounts receivable within one year	40/41	€129k
Cash & bank	54/58	€11k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€154k
Equity	10/15	€63k
Contributions / capital	10/11	€1k
Accumulated profits (losses)	14	€62k
Amounts payable	17/49	€91k
Amounts payable within one year	42/48	€91k
Trade debts payable within one year	44	€64k
Income statement
Turnover	70	€521k
Gross operating margin	9900	€129k
Operating result	9901	€43k
Financial charges	65	€4k
Result before taxes	9903	€39k
Income taxes	67/77	€569
Net result for the period	9904	€39k
Result to be appropriated	9905	€39k

This table shows the latest fiscal year. 3 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates 1 directors

Former directors (1)

Ahmad Iftikhar
Director (executive)
State Gazette act 25029617 (03-03-2025)

Former
- → 03-03-2025

Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Legal Structure

NACE primary	Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen(47110)
Legal form	Private limited company(610)
Incorporation	26-04-2021
Status	Active
Postal code	7000

Establishment units 3 locations

AFRO BEAUTY STORE

Grand-Rue 82, 7000 MonsDetailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte < 100 m²)

since 20212.316.592.602

Avenue de Waterloo 41, 6000 Charleroi

Detailhandel in cosmetica en toiletartikelen

since 20232.340.854.478

AFRO BEAUTY STORE

Avenue de Waterloo 60, 6000 CharleroiNiet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen

since 20262.391.912.409

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 3 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
52011B0243/00Y031	Wallonia	408 m²	1 · 137 m²	17.1 m · 5 fl.
53403E0484/00D000	Wallonia	306 m²	1 · 112 m²	14.9 m · 5 fl.
52011B0239/00K125	Wallonia	151 m²	1 · 60 m²	13.4 m · 4 fl.

Methodology

via registered seat: 1 · via establishment units: 2

3 of 3 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 6 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

07-10-2025

NBB filing Annual accounts filed

fiscal year 2024 · micro

03-03-2025

State Gazette act Capital & shares

2024

17-12-2024

NBB filing Annual accounts filed

fiscal year 2023 · micro

17-04-2024

State Gazette act Capital & shares

29-02-2024

NBB filing Annual accounts filed

fiscal year 2022 · micro

2022

04-11-2022

NBB filing Annual accounts filed

fiscal year 2021 · micro

Belgian State Gazette reading coverage 0 of 4 acts read

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.

Belgisch Staatsblad, acts 2 acts

Capital history · 2

03-03-2025

Capital change

17-04-2024

Capital change

All acts · 2 updated 1 year ago

2025

03-03-2025 Transaction in capital or shares Capital & shares

Original publication ↗

Technical details

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2024

17-04-2024 Transaction in capital or shares Capital & shares

Original publication ↗

Technical details

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  "bedrijfsrevisor": null,
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Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Activities

Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen47110Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte < 100 m²)47112Detailhandel in cosmetica en toiletartikelen47750

Primary activity highlighted.

Names & trade names

Legal nameFR

AFRO BEAUTY STORE

Registered office

Grand-Rue 82

7000 Mons, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

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