Result
-€11,028 -€11,028
From profit to loss in 2024, after a profit of €89,918 in 2023.
BEAUTY EVOLUTION
Lifetime
3 annual accounts with figures on one time axispeak €402,042 (2023)
€226,814▼ 43.6%
lowest -€11,028 (2024)
-€11,028▼ €100,946
peak €87,754 (2023)
€76,727▼ 12.6%
€337,182▲ 132%
Board3 names since 2021
1 directorMBARUBUKEYE Solange
Documentsfilings and deeds
03-02-2026187 days late
2024micro format
Gross margin from €402,042 to €226,814Loss of €11,028Transfer of 25 shares from Koagne Sop Glaine to Mbarubukeye S… 07-05Equity from €87,754 to €76,727Debts from €145,209 to €337,182Cash from €96,910 to €208,999
Key points
from the 2024 annual accountsTurnover
≈ €400,000 estimated
The micro format states no turnover.
Debts
€337,182 ▲ 132%
Debts rose by €191,973 in 2024.
Staff
8 employees on 31-12-2024
In 2024, 4 people joined and nobody left.
Filings
3 annual accounts 101 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
Position in the sector
-€11,028
Lower net result than 86% of companies in personal services. Sector median €2,861 · 6,078 companies.
Checked score
35
Weak
Financially stronger than 43% of micro companies in personal services (NACE 96)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
7.0% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 7,626 companies (NACE 96, micro).
About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 9.9%
01-2025: 13.4%▲ +3.5 percentage points vs 12-2024
02-2025: 13.5%▲ +0.1 percentage points vs 01-2025
03-2025: 13.8%▲ +0.3 percentage points vs 02-2025
04-2025: 12.8%▼ -1.0 percentage point vs 03-2025
05-2025: 12.8%● unchanged vs 04-2025
06-2025: 12.6%▼ -0.2 percentage points vs 05-2025
07-2025: 12.6%● unchanged vs 06-2025
08-2025: 14.8%▲ +2.2 percentage points vs 07-2025highest value
09-2025: 14.8%● unchanged vs 08-2025highest value
10-2025: 14.8%● unchanged vs 09-2025highest value
11-2025: 14.7%▼ -0.1 percentage points vs 10-2025
12-2025: 14.7%● unchanged vs 11-2025
01-2026: 14.7%● unchanged vs 12-2025
02-2026: 10.3%▼ -4.4 percentage points vs 01-2026
03-2026: 3.8%▼ -6.5 percentage points vs 02-2026lowest value
04-2026: 3.8%● unchanged vs 03-2026
05-2026: 4.0%▲ +0.2 percentage points vs 04-2026
06-2026: 3.9%▼ -0.1 percentage points vs 05-2026
07-2026: 3.8%▼ -0.1 percentage points vs 06-2026
08-2026: 4.8%▲ +1.0 percentage point vs 07-2026
09-2026: 5.3%▲ +0.5 percentage points vs 08-2026
10-2026: 6.9%▲ +1.6 percentage points vs 09-2026
11-2026: 7.0%▲ +0.1 percentage points vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
1 financial year not filed after the legal deadline; last filed accounts filed 187 days late; 3 of the last 3 accounts late
Figures for financial year 2024 (filed on 03-02-2026)
Founded in 2021
lowers risk
Liquidity: current ratio 1.05, cash €208,999
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 96, micro). It does better than 43% of them on solvency, 59% on liquidity, 44% on profitability and 28% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2024.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 1,271 companies had the same profile as BEAUTY EVOLUTION has now. Each dot stands for 4 companies, two years later.
93.4%
were still trading
2.0%
stopped another way
4.1%
went bankrupt
Another 0.5% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of BEAUTY EVOLUTION itself is higher: 7.0% within 12 months. It rests on far more data about BEAUTY EVOLUTION than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,271 companies, not a prediction for BEAUTY EVOLUTION. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €2,500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is tight, with a current ratio of 1.05 (1.11 in 2023), below the usual 1.5. Short-term debt is 81.5% and cash 50.5% of total assets. 81.5% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 101 days later.
NBB · 3 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline09-11-2026 today
raises risk · 2024 accounts filed 187 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-02-2026, 187 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 3 filingsDeviation from the deadline
2025
not filed
2024
187 days late
2023
531 days late
2022
192 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 303 days after the deadline. In the sector (NACE 96), the median for financial year 2024 was on the deadline day, and 48% of those companies filed late.
Searched, nothing found (1)
Board and ownership
- Koagne Sop Glainedeed of 07-05-2024
- Mbarubukeye Solange 100 sharesdeed of 07-05-2024
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0777631677
Transfer of 25 shares from Koagne Sop Glaine to Mbarubukeye Solange
Resignation: Koagne Sop Glaine (director) · Koagne Sop Glaine is a shareholder · Mbarubukeye Solange holds 100 shares · General meeting of 01-04-2024 · Gazette deed
Transfer of 25 shares from MBARUBUKEYE SOLANGE to KOAGNE SOP GLAINE PATRICK
Appointment: KOAGNE SOP GLAINE PATRICK (director) · General meeting of 01-10-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BEAUTY EVOLUTION Ixelles | €413,909 | €226,814 | 18.5% | - |
| MILLE N’ HAIR Silly | €396,590 | €249,302 | 21.9% | - |
| Ceceo Schoten | €337,770 | €244,627 | 49.1% | - |
| CMS COIFFURE Woluwe-Saint-Pierre | €316,341 | €285,216 | 58.0% | - |
| ALFA CONNECT Liège | €409,804 | €155,958 | -2.6% | - |
| Hair Artist Beveren-Kruibeke-Zwijndrecht | €416,014 | €153,020 | 29.4% | - |
| HAIRFASHION KIMBERLEY Harelbeke | €475,325 | €346,877 | 24.9% | - |
These companies have the same main activity as BEAUTY EVOLUTION: hairdressing and barber services (NACE 96210). They are comparable in size and age: total assets between €316,000 and €475,000, founded between 2020 and 2022.
Official details
Source: KBO- Status
- Active since 23-11-2021Normal situation
- Activity
- Hairdressing and barber servicesNACE 96210
- Joint committees
- 140Transport and logistics
- 314Hairdressing and beauty care · annual accounts 2024
- Establishment units
- 2.328.252.2971050 Ixelles, since 23-11-2021
- 2.340.223.4831190 Forest, since 01-01-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 05-03-2026
Annual accounts 2024
- €413,909▲ 77.7%
- Employeeson 31-12-2024
- 8▲ 33.3%
- Filing
- Filed on 03-02-2026
Insights on BEAUTY EVOLUTION
BEAUTY EVOLUTION files the micro format. That format states no turnover. The gross margin rose from €83,650 in 2022 to €226,814 in 2024.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about BEAUTY EVOLUTION
- What is the company number of BEAUTY EVOLUTION?
- The company number of BEAUTY EVOLUTION is 0777.631.677. The VAT number is the same number with BE in front: BE 0777.631.677.
- Where is BEAUTY EVOLUTION based?
- The registered office is at Waverse Steenweg 53, 1050 Ixelles.Company details
- What does BEAUTY EVOLUTION do?
- According to the KBO register, the main activity is hairdressing and barber services (NACE 96210).
- What is the legal form of BEAUTY EVOLUTION?
- BEAUTY EVOLUTION is a private limited company (BV).
- When was BEAUTY EVOLUTION founded?
- BEAUTY EVOLUTION was founded on 23-11-2021.
- Is BEAUTY EVOLUTION still active?
- Yes, BEAUTY EVOLUTION is an active enterprise in the KBO register.
- How many employees does BEAUTY EVOLUTION have?
- BEAUTY EVOLUTION had an average of 5.1 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- Which joint committee does BEAUTY EVOLUTION fall under?
- In its 2024 annual accounts, BEAUTY EVOLUTION states joint committees 140 (Transport and logistics) and 314 (Hairdressing and beauty care).
- What is the turnover of BEAUTY EVOLUTION?
- The turnover in financial year 2024 is ≈ €400,000. This figure is estimated from the gross margin of €226,814 and 38 comparable companies (NACE 96). It probably lies between €300,000 and €460,000.
- Is BEAUTY EVOLUTION profitable?
- In financial year 2024, BEAUTY EVOLUTION made a loss of €11,028.
- Where can I find the annual accounts of BEAUTY EVOLUTION?
- BEAUTY EVOLUTION filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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