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Beauty Business

Active
Private limited companyfounded 201511 yrs activeVosveld 4, 2110 Wijnegem, BelgiumKBO/BCE: BE 0597.637.586

Beauty Business has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €104k and a net result of €-50k. Equity is growing by ~7.9% per year across the filed fiscal years. Its solvency ranks better than 54% of 9016 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2024
40 / 100
Weak▼ -46 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-42
Solvency91▼-9
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days only on tighter terms
Liquidity ample (current ratio 1.92 against 3.83 in 2023), but 52.1% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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 2024
Solvency, return and age of the figures
Solvency
47.9%
Return on assets
-23%
Age of the figures
20 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 11 years 0 20 y
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 filings
Deviation from the deadline
2025
not confirmed
2024
29 d late
2023
132 d late
2022
31 d late
2021
29 d late
2020
31 d late
2019
182 d late
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, abbreviated schema

Equity
€104k▼ 32.5%
2023 · €155k
2018: €77k 2019: €119k 2020: €106k 2021: €112k 2022: €142k 2023: €155k
2018 → 2024
Total assets
€218k▲ 4.2%
2023 · €209k
2018: €245k 2019: €258k 2020: €195k 2021: €175k 2022: €191k 2023: €209k
2018 → 2024
Net result
€-50k
2023 · €13k
2018: €-26k 2019: €42k 2020: €-13k 2021: €6k 2022: €30k 2023: €13k
2018 → 2024
Working capital
€104k▼ 32.5%
2023 · €155k
2018: €141k 2019: €155k 2020: €116k 2021: €111k 2022: €141k 2023: €155k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€106k-€112k▲ 5.6%€142k▲ 26.4%€155k▲ 9.1%€104k▼ 32.5%
Operating result€-11k-€8k€39k▲ 361%€21k▼ 45.9%€-48k
Net result€-13k-€6k€30k▲ 396%€13k▼ 56.2%€-50k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-75k€-50k€-25k€0€25k€50kOperating result 2020: €-11k€-11kNet result 2020: €-13k€-13kOperating result 2021: €8k€8kNet result 2021: €6k€6kOperating result 2022: €39k€39kNet result 2022: €30k€30kOperating result 2023: €21k€21kNet result 2023: €13k€13kOperating result 2024: €-48k€-48kNet result 2024: €-50k€-50k20202021202220232024
The operating result turns negative in 2024: a loss of €48k after €21k in 2023, the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €218k
Equity €104k▼ 32.5%
Debt €114k▲ 108%
The debt ratio rises from 26.1% to 52.1%: debt grows while equity shrinks.
Key figures and ratios
2024 value · change against 2023
EBITDA
€-48k
2023 · €22k
Cash flow
€-50k
2023 · €13k
Solvency
47.9%
2023 · 73.9%
Current ratio
1.92
2023 · 3.83
Quick ratio
0.80
2023 · 1.50
Debt / equity
1.09
2023 · 0.35
ROE
-48.1%
2023 · 8.4%
ROA
-23.0%
2023 · 6.2%
Interest coverage
-24.18
2023 · 10.37
Debt
€114k
2023 · €55k
Debt ≤ 1 year
€114k
2023 · €55k
Income taxes
€0
2023 · €7k
Staff costs
€35k
2023 · €13k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€209k€218k
Fixed assets21/28€0-
Tangible fixed assets22/27€0-
Plant, machinery and equipment23€0-
Current assets29/58€209k€218k
Stocks and contracts in progress3€128k€127k
Stocks30/36€128k€127k
Amounts receivable within one year40/41€9k€70k
Trade receivables40€9k€70k
Cash at bank and in hand54/58€72k€20k
Deferred charges and accrued income490/1€96€266
Equity and liabilities
Total equity and liabilities10/49€209k€218k
Equity10/15€155k€104k
Contributions10/11€19k€19k=
Reserves13€136k€86k
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€136k€86k
Amounts payable17/49€55k€114k
Amounts payable within one year42/48€55k€114k
Financial debts43-€25k
Credit institutions430/8-€25k
Trade debts44€12k€40k
Suppliers440/4€12k€40k
Taxes, remuneration and social security45€18k€22k
Taxes450/3€15k€13k
Remuneration and social security454/9€4k€9k
Other amounts payable47/48€24k€27k
Income statement Code20232024
Remuneration, social security and pensions62€13k€35k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€408€0
Other operating charges640/8€740€912
Gross operating margin9900€36k€-12k
Operating profit (loss)9901€21k€-48k
Financial income75/76B€491€0
Recurring financial income75€491€0
Financial charges65/66B€2k€2k
Recurring financial charges65€2k€2k
Profit (loss) for the period before taxes9903€20k€-50k
Income taxes67/77€7k€0
Profit (loss) for the period9904€13k€-50k
Profit (loss) for the period to be appropriated9905€13k€-50k
Appropriation of the result
Profit (loss) to be appropriated9906€13k€-50k
Profit (loss) brought forward from the previous period14P€0-
Transfer from equity791/2-€50k
Transfer to equity691/2€13k€0
To other reserves6921€13k€0
Social balance
Average headcount (FTE)9087-0.6

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
29-08
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
31-12
Financial Weakest financial yearnet €-50k ▼488%
Net result drops to €-50k, the lowest in the series.
10-12
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 132 days late
2023
31-12
Financial Equity above €150kEq €155k ▲9.1%
3 profitable years in a row build equity to €155k.
31-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
29-08
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 29 days late
2021
31-12
Financial Back to profitnet €6k
Net result €6k after one loss-making year.
31-08
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
29-01
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 182 days late
2019
31-12
Financial Back to profitnet €42k
Net result €42k after one loss-making year.
31-12
Financial Equity above €100kEq €119k ▲54.5%
Equity rises from €77k to €119k.
26-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 26 days late
2018
20-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
18-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
19-07
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Wijnegem · 1 establishment unit since 2015
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Vosveld 42110 Wijnegem
Ground area
4,804 m²
Building footprint
1,036 m²
Volume, LiDAR
5,773 m³
Parcel 11050A0060/00C002, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Beauty Business
Vosveld 4, 2110 WijnegemOther education
since 20152.239.804.432
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11050A0060/00C002 Flanders 4,804 m² 1 · 1,036 m² 7.5 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 793 companies in sector 46450 we hold annual accounts for 449. 333 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded03-02-2015
Fiscal year end31-12
Activities, NACEBEL
46450Wholesale of perfume and cosmetics
47750Retail sale of cosmetics and toilet articles
96022Beauty treatment
96220Beauty care and other beauty treatments
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers

Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.