BAFI 20TH
ActiveSummary
The computed 12-month bankruptcy probability of BAFI 20TH is 3.6% (moderate). The annual accounts of BAFI 20TH for fiscal year 2025 show a net loss of 71% of total assets. The 2025 annual accounts show equity of €2k and a net result of €-8k. Its solvency ranks better than 40% of 4659 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-30
Solvency39▲+17
Growth52
Track record82
Bankruptcy probability, 12 months
3.6%
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 1.17; short-term debt: 85.7% and cash: 23.8% of total assets), and 85.7% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
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 2025Solvency, return and age of the figures
Solvency
14.3%
Return on assets
-70.7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-08-2026, 13 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 · 2 filingsDeviation from the deadline
2025
13 d late
2024
120 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€2k
2024 · €-154
Total assets
€12k▲ 138%
2024 · €5k
Net result
€-8k▼ 5,214%
2024 · €-154
Working capital
€2k
2024 · €-154
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20242025
Operating result€-154-€-8k▼ 5,297%
Net result€-154-€-8k▼ 5,214%
Equity€-154-€2k
Total assets€5k-€12k▲ 138%
Debt€5k-€10k▲ 97.4%
Working capital€-154-€2k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €8k in 2025 against €154 in 2024; the loss grows.
Balance-sheet composition
Equity and liabilities €12k
Equity
€2k
Debt
€10k
Debt finances 85.7% of the balance-sheet total.
Key figures and ratios
Current ratio
1.17
Debt to equity
5.98
ROE
-493.5%
ROA
-70.7%
Debt ≤ 1 year
€10k▲
2024 · €5k
Staff costs
€22k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | - | €22k | - |
| Other operating charges640/8 | - | €960 | - |
| Gross operating margin9900 | €-154 | €14k | ▲ 9,324% |
| Operating profit (loss)9901 | €-154 | €-8k | ▼ 5,297% |
| Financial income75/76B | - | €176 | - |
| Recurring financial income75 | - | €176 | - |
| Financial charges65/66B | - | €48 | - |
| Recurring financial charges65 | - | €48 | - |
| Profit (loss) for the period before taxes9903 | €-154 | €-8k | ▼ 5,214% |
| Profit (loss) for the period9904 | €-154 | €-8k | ▼ 5,214% |
| Profit (loss) for the period to be appropriated9905 | €-154 | €-8k | ▼ 5,214% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €5k | €12k | ▲ 138% |
| Current assets29/58 | €5k | €12k | ▲ 138% |
| Amounts receivable within one year40/41 | €5k | €9k | ▲ 81.2% |
| Trade receivables40 | €4k | €2k | ▼ 46.1% |
| Other amounts receivable41 | €551 | €6k | ▲ 1,079% |
| Cash at bank and in hand54/58 | - | €3k | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €5k | €12k | ▲ 138% |
| Equity10/15 | €-154 | €2k | ▲ 1,177% |
| Contributions10/11 | - | €10k | - |
| Profit (loss) carried forward14 | €-154 | €-8k | ▼ 5,314% |
| Amounts payable17/49 | €5k | €10k | ▲ 97.4% |
| Amounts payable within one year42/48 | €5k | €10k | ▲ 97.4% |
| Trade debts44 | €4k | €8k | ▲ 78.9% |
| Suppliers440/4 | €4k | €8k | ▲ 78.9% |
| Taxes, remuneration and social security45 | €750 | €2k | ▲ 203% |
| Taxes450/3 | €750 | €2k | ▲ 122% |
| Remuneration and social security454/9 | - | €602 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €-154 | €-8k | ▼ 5,214% |
| Operating cash flow (approximation) | €-154 | €-8k | ▼ 5,214% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
13-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 13 days late
2025
28-11
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 120 days late
NBB filing
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Beersel · 3 establishment units since 2024
Ground area
3,100 m²
Building footprint
1,152 m²
Volume, LiDAR
9,310 m³
4 parcels, Brussels, Flanders · tallest building 16.6 m, ±5 floors. Linked by address, not a title deed.
19
companies at this address
See who is registered here
3 establishment units
Odon Warlandlaan 12, 1090 Jette
since 20242.360.684.941
Van Volxemlaan 336, 1190 Vorst
since 20242.366.287.383
-
since 20252.373.629.887
4 parcels
Flanders
1
(25%)
Brussels
3
(75%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23003C0154/00Z000 | Flanders | 2,538 m² | 1 · 792 m² | 7.9 m · 2 fl. |
| 21464D0164/00X002 | Brussels | 240 m² | 1 · 161 m² | 16.6 m · 5 fl. |
| 21007A0013/00X005 | Brussels | 162 m² | 1 · 91 m² | 16.1 m · 4 fl. |
| 21007A0013/00G004 | Brussels | 160 m² | 1 · 108 m² | 16.6 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
4 of 4 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 21,739 companies in sector 96210 we hold annual accounts for 2,827. 1,294 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
Founded30-05-2024
Fiscal year end31-12
Activities, NACEBEL 2025
96210Hairdressing and barber services
Scores and ratios are computed by Checked and are not a credit decision.