AZFAE
Open bankruptcyA bankruptcy procedure is open for AZFAE according to publications in the Belgian State Gazette; curator: CATELINE STEFANUTO.
Summary
The 2023 annual accounts show negative equity (-€1,893) and a net result of €273.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Hainaut, Charleroi division
- Declared bankrupt
- 9 December 2024
- Supervising judge
- Pascal Flamme
- Official Gazette
- 13-12-2024 (pdf) ↗search the document for 2024/148918
Deadlines
- Provisional date payments stopped
- 9 December 2024A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 28 December 2024Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 8 January 2025art. XX.104 and XX.155 CEL
- First verification report
- passed on 5 February 2025Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- passed on 9 December 2025Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Cateline StefanutoRue Du Parc, 49, 6000 Charleroi- . Date provisoire de cessation de paiement : 09/12/2024c.stefanuto@avocat.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 30-09-2023 was due by 30-04-2024 and was filed on 15-05-2024, 15 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 filed
2024
not filed
2023
15 d late
2022
23 d late
2021
82 d late
2020
52 d early
2019
15 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 11 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
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment How is the Hairdressing and barber services sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2023, micro schema
Turnover
€22,945▼ 17.3%
2022 · €27,743
EBIT margin
7.9%▼ 40.7pp
2022 · 48.7%
Net result
€273
2022 · -€579
Working capital
-€4,130▲ 15.3%
2022 · -€4,874
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
Line20192020202120222023
Turnover€91,221▲ 34.2%€55,419▼ 39.2%€30,387▼ 45.2%€27,743▼ 8.7%€22,945▼ 17.3%
Operating result€1,688▲ 20.3%-€20,309€9,118€13,497▲ 48.0%€1,813▼ 86.6%
Net result-€1,173-€22,655below the sector's middle half▼ 1,831%€8,878within the sector's middle half-€579within the sector's middle half€273within the sector's middle half
EBIT margin1.9%▼ 0.2pp-36.6%▼ 38.5pp30.0%▲ 66.7pp48.7%▲ 18.6pp7.9%▼ 40.7pp
Equity€12,189▼ 8.8%-€10,466below the sector's middle half-€1,587within the sector's middle half▲ 84.8%-€2,166within the sector's middle half▼ 36.5%-€1,893within the sector's middle half▲ 12.6%
Total assets€19,741▲ 11.6%€8,696below the sector's middle half▼ 55.9%€8,492below the sector's middle half▼ 2.3%€5,811below the sector's middle half▼ 31.6%€4,679below the sector's middle half▼ 19.5%
Debt€7,552▲ 74.5%€19,162▲ 154%€10,079▼ 47.4%€7,977▼ 20.9%€6,572▼ 17.6%
Working capital€7,771▼ 7.2%-€14,314-€4,865▲ 66.0%-€4,874▼ 0.2%-€4,130▲ 15.3%
Solvency61.7%▼ 13.8pp-120.4%below the sector's middle half▼ 182.1pp-18.7%below the sector's middle half▲ 101.7pp-37.3%below the sector's middle half▼ 18.6pp
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 falls in 2023; 2023 is 87% below 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €4,679
Fixed assets
€2,238 ▼ 17.4%
Current assets
€2,442 ▼ 21.3%
Key figures and ratios
EBITDA
€2,383▼
2022 · €14,067
Cash flow
€843▲
2022 · -€9
Interest coverage
31.60▼
2022 · 95.17
Debt ≤ 1 year
€6,572▼
2022 · €7,977
Staff costs
€701
Ratios withheld: a balance sheet total of €4,679 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.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €91,221 | €55,419 | €30,387 | €27,743 | €22,945 | ▼ 17.3% |
| Goods, raw materials, services and sundry goods60/61 | - | - | €19,745 | €13,676 | €19,861 | ▲ 45.2% |
| Remuneration, social security and pensions62 | - | - | €955 | - | €701 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €570 | €570 | €570 | €570 | €570 | = |
| Gross operating margin9900 | €28,724 | -€3,133 | €10,642 | €14,067 | €3,084 | ▼ 78.1% |
| Operating profit (loss)9901 | €1,688 | -€20,309 | €9,118 | €13,497 | €1,813 | ▼ 86.6% |
| Financial income75/76B | - | - | €1 | - | - | - |
| Recurring financial income75 | - | - | €1 | - | - | - |
| Non-recurring financial income76B | - | - | €1 | - | - | - |
| Financial charges65/66B | - | - | €241 | €14,076 | €1,540 | ▼ 89.1% |
| Recurring financial charges65 | €50 | €56 | €75 | €148 | €75 | ▼ 49.0% |
| Non-recurring financial charges66B | - | - | €166 | €13,928 | €1,464 | ▼ 89.5% |
| Profit (loss) for the period before taxes9903 | -€1,173 | -€22,655 | €8,878 | -€579 | €273 | ▲ 147% |
| Profit (loss) for the period9904 | -€1,173 | -€22,655 | €8,878 | -€579 | €273 | ▲ 147% |
| Profit (loss) for the period to be appropriated9905 | -€1,173 | -€22,655 | €8,878 | -€579 | €273 | ▲ 147% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €19,741 | €8,696 | €8,492 | €5,811 | €4,679 | ▼ 19.5% |
| Fixed assets21/28 | €4,418 | €3,848 | €3,278 | €2,708 | €2,238 | ▼ 17.4% |
| Tangible fixed assets22/27 | €4,418 | €3,848 | €3,278 | €2,708 | €2,138 | ▼ 21.1% |
| Plant, machinery and equipment23 | - | - | €3,278 | €2,708 | €2,138 | ▼ 21.1% |
| Financial fixed assets28 | - | - | - | - | €100 | - |
| Current assets29/58 | €15,323 | €4,848 | €5,214 | €3,103 | €2,442 | ▼ 21.3% |
| Stocks and contracts in progress3 | €1,775 | €1,954 | €1,739 | €1,313 | €1,313 | = |
| Stocks30/36 | - | - | €1,739 | €1,313 | €1,313 | = |
| Amounts receivable within one year40/41 | €7,852 | €124 | €3,222 | €1,686 | €512 | ▼ 69.6% |
| Other amounts receivable41 | - | - | €3,222 | €1,686 | €512 | ▼ 69.6% |
| Cash at bank and in hand54/58 | €5,696 | €2,770 | €253 | €104 | €616 | ▲ 491% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €19,741 | €8,696 | €8,492 | €5,811 | €4,679 | ▼ 19.5% |
| Equity10/15 | €12,189 | -€10,466 | -€1,587 | -€2,166 | -€1,893 | ▲ 12.6% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | -€6,411 | -€29,066 | -€20,187 | -€20,766 | -€20,493 | ▲ 1.3% |
| Amounts payable17/49 | €7,552 | €19,162 | €10,079 | €7,977 | €6,572 | ▼ 17.6% |
| Amounts payable within one year42/48 | €7,552 | €19,162 | €10,079 | €7,977 | €6,572 | ▼ 17.6% |
| Trade debts44 | - | €156 | €108 | €1,472 | €4,727 | ▲ 221% |
| Suppliers440/4 | - | - | €108 | €1,472 | €4,727 | ▲ 221% |
| Taxes, remuneration and social security45 | - | - | €9,971 | €2,690 | €475 | ▼ 82.3% |
| Taxes450/3 | - | - | €470 | €2,690 | €47 | ▼ 98.3% |
| Remuneration and social security454/9 | - | - | €9,501 | - | €428 | - |
| Other amounts payable47/48 | - | - | - | €3,815 | €1,369 | ▼ 64.1% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,173 | -€22,655 | €8,878 | -€579 | €273 | ▲ 147% |
| + Depreciation and write-downs630 | €570 | €570 | €570 | €570 | €570 | = |
| Operating cash flow (approximation) | -€603 | -€22,085 | €9,448 | -€9 | €843 | ▲ 9,784% |
| Investment in fixed assets (approximation) | - | €0 | €1 | €0 | -€100 | - |
| Change in cash | - | -€2,926 | -€2,517 | -€149 | €512 | ▲ 443% |
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
2024
13-12
Bankruptcy
Opening
Tribunal de l’entreprise du Hainaut, division Charleroi · event 09-12-2024
15-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 15 days late
2023
30-09
Financial
Back to profitnet €273
Net result €273 after one loss-making year.
23-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2022
21-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 82 days late
2021
30-09
Financial
Back to profitnet €8,878
Net result €8,878 after 2 loss-making years.
09-03
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
30-09
Financial
Weakest financial yearnet -€22,655
Net result drops to -€22,655, the lowest in the series.
15-04
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
28-03
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
13-03
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
24-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
08-03
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
28-04
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 14 acts read
About the unread acts
We know of 14 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Directors · office · real estate
Directors
14 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, Charleroi · 1 establishment unit since 2013
Ground area
188 m²
Building footprint
109 m²
Volume, LiDAR
544 m³
2 parcels, Wallonia · tallest building 13.0 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
TOUT POUR LUI
since 20132.224.371.534
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52011B0239/00W153 | Wallonia | 135 m² | 1 · 62 m² | - |
| 52011B0216/00B000 | Wallonia | 54 m² | 1 · 46 m² | 13.0 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | CATELINE STEFANUTO RUE DU PARC, 49,
6000 CHARLEROI- .
Date provisoire de cessation de paiement : 09/12/2024 |
09-12-2024 → present |
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Of 21,734 companies in sector 96210 we hold annual accounts for 2,832. 2,331 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)
Founded14-08-2013
Fiscal year end30-09
Activities, NACEBEL 2025
96210Hairdressing and barber services
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.