AMIN ELEGANCE
ActiveSummary
The computed 12-month bankruptcy probability of AMIN ELEGANCE is 1.8% (moderate). The annual accounts of AMIN ELEGANCE for fiscal year 2024 show a net loss of 155% of total assets and of 97% of the equity at the start of that year. The 2024 annual accounts show equity of €581 and a net result of -€17,282. Equity is growing by ~12.8% per year across the filed fiscal years. Its solvency ranks better than 35% of 6161 sector peers (fiscal year 2024). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-100
Solvency30▼-56
Growth29▼-30
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.02 against 2.48 in 2023; short-term debt: 94.8% and cash: 26.8% of total assets), and 94.8% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
5.2%
Return on assets
-155%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-09-2025, 40 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
40 d late
2023
61 d late
2022
30 d late
2021
30 d late
2020
31 d late
2019
115 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 51 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 48% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Turnover
€48,195▼ 3.2%
2023 · €49,798
EBIT margin
-34.5%▼ 55.1pp
2023 · 20.7%
Net result
-€17,282
2023 · €10,219
Working capital
€264▼ 98.5%
2023 · €17,287
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 96, Personal service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€22,545▼ 33.3%€28,345▲ 25.7%€45,540▲ 60.7%€49,798▲ 9.3%€48,195▼ 3.2%
Operating result-€1,159€3,786€450▼ 88.1%€10,292▲ 2,188%-€16,615
Net result-€1,792within the sector's middle half€3,410within the sector's middle half€295within the sector's middle half▼ 91.3%€10,219within the sector's middle half▲ 3,365%-€17,282below the sector's middle half
EBIT margin-5.1%▼ 8.5pp13.4%▲ 18.5pp1.0%▼ 12.4pp20.7%▲ 19.7pp-34.5%▼ 55.1pp
Equity€3,940within the sector's middle half▼ 31.3%€7,350within the sector's middle half▲ 86.5%€7,644within the sector's middle half▲ 4.0%€17,864within the sector's middle half▲ 134%€581within the sector's middle half▼ 96.7%
Total assets€17,325below the sector's middle half▲ 67.7%€19,998below the sector's middle half▲ 15.4%€14,833below the sector's middle half▼ 25.8%€29,509within the sector's middle half▲ 98.9%€11,151below the sector's middle half▼ 62.2%
Debt€13,385▲ 191%€12,648▼ 5.5%€7,189▼ 43.2%€11,646▲ 62.0%€10,569▼ 9.2%
Working capital€3,623within the sector's middle half▼ 33.1%€6,079within the sector's middle half▲ 67.8%€6,721within the sector's middle half▲ 10.6%€17,287within the sector's middle half▲ 157%€264within the sector's middle half▼ 98.5%
Solvency22.7%within the sector's middle half▼ 32.7pp36.8%within the sector's middle half▲ 14.0pp51.5%within the sector's middle half▲ 14.8pp60.5%above the sector's middle half▲ 9.0pp5.2%within the sector's middle half▼ 55.3pp
Current ratio1.27within the sector's middle half▼ 0.911.48within the sector's middle half▲ 0.211.93within the sector's middle half▲ 0.452.48above the sector's middle half▲ 0.551.02within the sector's middle half▼ 1.46
Return on assets (ROA)-10.3%below the sector's middle half▼ 20.3pp17.1%above the sector's middle half▲ 27.4pp2.0%within the sector's middle half▼ 15.1pp34.6%above the sector's middle half▲ 32.6pp-155.0%below the sector's middle half▼ 189.6pp
above
within
below
the middle half (P25 to P75) of NACE 96, Personal service activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €16,615 after €10,292 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €11,151
Fixed assets
€317 ▼ 45.0%
Current assets
€10,834 ▼ 62.6%
Equity and liabilities €11,151
Equity
€581 ▼ 96.7%
Debt
€10,569 ▼ 9.2%
Debt's share of the balance-sheet total rises from 39.5% to 94.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€16,355▼
2023 · €10,639
Cash flow
-€17,023▼
2023 · €10,566
Quick ratio
1.02▼
2023 · 2.48
Interest coverage
-50.01▼
2023 · 197.02
Debt ≤ 1 year
€10,569▼
2023 · €11,646
Staff costs
€36,478
Equity ratios withheld: equity of €581 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.
Peer companies
Historical observationOf the 642 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 90% are still going.
- Micro
- 10 to 20 years old
- solvency under 10%
- a loss of 10% of the balance sheet or more
3.6%
went bankrupt
5.5%
stopped otherwise
90%
still going
A further 1.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.8% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 642 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €22,545 | €28,345 | €45,540 | €49,798 | €48,195 | ▼ 3.2% |
| Goods, raw materials, services and sundry goods60/61 | - | €18,918 | €44,234 | €38,974 | €27,638 | ▼ 29.1% |
| Remuneration, social security and pensions62 | - | €5,043 | - | - | €36,478 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €88 | €347 | €347 | €259 | ▼ 25.3% |
| Other operating charges640/8 | - | €509 | €509 | €184 | €435 | ▲ 136% |
| Gross operating margin9900 | -€682 | €9,426 | €1,306 | €10,824 | €20,557 | ▲ 89.9% |
| Operating profit (loss)9901 | -€1,159 | €3,786 | €450 | €10,292 | -€16,615 | ▼ 261% |
| Financial income75/76B | - | €222 | €7 | - | - | - |
| Recurring financial income75 | - | €218 | €7 | - | - | - |
| Non-recurring financial income76B | - | €4 | - | - | - | - |
| Financial charges65/66B | - | €598 | €162 | €73 | €668 | ▲ 814% |
| Recurring financial charges65 | €205 | €140 | €162 | €54 | €327 | ▲ 506% |
| Non-recurring financial charges66B | - | €458 | - | €19 | €340 | ▲ 1,692% |
| Profit (loss) for the period before taxes9903 | -€1,792 | €3,410 | €295 | €10,219 | -€17,282 | ▼ 269% |
| Profit (loss) for the period9904 | -€1,792 | €3,410 | €295 | €10,219 | -€17,282 | ▼ 269% |
| Profit (loss) for the period to be appropriated9905 | -€1,792 | €3,410 | €295 | €10,219 | -€17,282 | ▼ 269% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €17,325 | €19,998 | €14,833 | €29,509 | €11,151 | ▼ 62.2% |
| Fixed assets21/28 | €317 | €1,271 | €923 | €576 | €317 | ▼ 45.0% |
| Tangible fixed assets22/27 | - | €954 | €606 | €259 | - | - |
| Furniture and vehicles24 | - | €954 | €606 | €259 | - | - |
| Financial fixed assets28 | €317 | €317 | €317 | €317 | €317 | = |
| Current assets29/58 | €17,008 | €18,728 | €13,910 | €28,933 | €10,834 | ▼ 62.6% |
| Stocks and contracts in progress3 | €210 | €55 | €107 | €52 | €52 | = |
| Stocks30/36 | - | €55 | €107 | €52 | €52 | = |
| Amounts receivable within one year40/41 | €15,161 | €17,361 | €10,293 | €25,385 | €7,797 | ▼ 69.3% |
| Other amounts receivable41 | - | €17,361 | €10,293 | €25,385 | €7,797 | ▼ 69.3% |
| Cash at bank and in hand54/58 | €1,637 | €1,312 | €3,509 | €3,496 | €2,984 | ▼ 14.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €17,325 | €19,998 | €14,833 | €29,509 | €11,151 | ▼ 62.2% |
| Equity10/15 | €3,940 | €7,350 | €7,644 | €17,864 | €581 | ▼ 96.7% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Outside capital11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Share premium1100/10 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | -€14,660 | -€11,250 | -€10,956 | -€736 | -€18,019 | ▼ 2,347% |
| Amounts payable17/49 | €13,385 | €12,648 | €7,189 | €11,646 | €10,569 | ▼ 9.2% |
| Amounts payable within one year42/48 | €13,385 | €12,648 | €7,189 | €11,646 | €10,569 | ▼ 9.2% |
| Trade debts44 | €778 | €362 | - | €4,017 | €8,612 | ▲ 114% |
| Suppliers440/4 | - | €362 | - | €4,017 | €8,612 | ▲ 114% |
| Taxes, remuneration and social security45 | - | €5,286 | €2,689 | €3,129 | €1,957 | ▼ 37.4% |
| Taxes450/3 | - | €119 | €2,689 | €3,129 | €1,957 | ▼ 37.4% |
| Remuneration and social security454/9 | - | €5,167 | - | - | - | - |
| Other amounts payable47/48 | - | €7,000 | €4,500 | €4,500 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,792 | €3,410 | €295 | €10,219 | -€17,282 | ▼ 269% |
| + Depreciation and write-downs630 | - | €88 | €347 | €347 | €259 | ▼ 25.3% |
| Operating cash flow (approximation) | -€1,792 | €3,498 | €642 | €10,566 | -€17,023 | ▼ 261% |
| Investment in fixed assets (approximation) | - | -€1,041 | €0 | €0 | €0 | - |
| Change in cash | - | -€325 | €2,198 | -€13 | -€512 | ▼ 3,738% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
09-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 40 days late
2024
31-12
Financial
Weakest financial yearnet -€17,282
Net result drops to -€17,282, the lowest in the series.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial
Highest result since 2018net €10,219 ▲3,365%
Operating result €10,292, net result €10,219, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Back to profitnet €3,410
Net result €3,410 after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
23-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 115 days late
2019
31-12
Financial
Back to profitnet €1,025
Net result €1,025 after one loss-making year.
03-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 34 days late
16-04
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 259 days late
16-04
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 624 days late
2016
15-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Anderlecht · 1 establishment unit since 2013
Ground area
77 m²
Building footprint
77 m²
Volume, LiDAR
694 m³
Parcel 21001A0565/00Y008, Brussels · tallest building 16.3 m, ±3 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Amin Elegance
since 20132.222.860.314
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21001A0565/00Y008 | Brussels | 77 m² | 1 · 77 m² | 16.3 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 21,732 companies in sector 96210 we hold annual accounts for 2,835. 744 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 (pre-2019)
Founded28-07-2011
Fiscal year end31-12
Activities, NACEBEL 2025
96210Hairdressing and barber services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0838179077
Also
9925:BE0838179077
Registered
30-01-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.