BEAUTY PALACE
InactiveBEAUTY PALACE was declared bankrupt on 09-01-2024 (Ondernemingsrechtbank Brussel); the bankruptcy was closed for insufficient assets by judgment of 17-09-2024, published in the Belgian State Gazette on 24-09-2024.
No longer registered with the KBO; last annual accounts for fiscal year 2021.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 2 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline21-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 31-08-2022, 31 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
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
31 d late
2020
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2021, micro schema
Equity
€-27k▼ 71.0%
2020 · €-16k
2020: €-16k
2020 → 2021
Total assets
€2k▲ 11.6%
2020 · €1k
2020: €1k
2020 → 2021
Net result
€-11k▲ 43.5%
2020 · €-20k
2020: €-20k
2020 → 2021
Working capital
€-27k▼ 71.0%
2020 · €-16k
2020: €-16k
2020 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021Trend
Equity€-16k-€-27k▼ 71.0%
Operating result€-19k-€-11k▲ 43.9%
Net result€-20k-€-11k▲ 43.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €11k in 2021 against €19k in 2020; the loss shrinks.
Key figures and ratios
Debt
€28k▲
2020 · €17k
Debt ≤ 1 year
€28k▲
2020 · €17k
Staff costs
€12k
Ratios withheld: a balance sheet total of €2k is too small for a meaningful ratio.
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 · 2021 against 2020
Balance sheet
Code20202021
Assets
Total assets20/58€1k€2k▲
Current assets29/58€1k€2k▲
Stocks and contracts in progress3€1k€2k▲
Stocks30/36-€2k
Cash at bank and in hand54/58€64-
Equity and liabilities
Total equity and liabilities10/49€1k€2k▲
Equity10/15€-16k€-27k▼
Contributions10/11-€4k
Profit (loss) carried forward14€-20k€-31k▼
Amounts payable17/49€17k€28k▲
Amounts payable within one year42/48€17k€28k▲
Financial debts43-€7
Credit institutions430/8-€7
Trade debts44€3k€3k▼
Suppliers440/4-€3k
Taxes, remuneration and social security45-€18k
Taxes450/3-€1k
Remuneration and social security454/9-€17k
Other amounts payable47/48-€7k
Income statement
Code20202021
Remuneration, social security and pensions62-€12k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0-
Other operating charges640/8-€33
Gross operating margin9900€-9k€2k▲
Operating profit (loss)9901€-19k€-11k▲
Financial charges65/66B-€104
Recurring financial charges65€64€104▲
Profit (loss) for the period before taxes9903€-20k€-11k▲
Profit (loss) for the period9904€-20k€-11k▲
Profit (loss) for the period to be appropriated9905€-20k€-11k▲
Appropriation of the result
Profit (loss) to be appropriated9906-€-31k
Profit (loss) brought forward from the previous period14P-€-20k
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
24-09
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Brussel · BEAUTY PALACE BV KEIZER KARELLAAN 71, 1082 BRUSSEL · event 17-09-2024
15-01
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · BEAUTY PALACE BV KEIZER KARELLAAN 71, 1082 BRUSSEL · event 09-01-2024
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
SignalNBB filing
Directors · office · real estate
Directors
5 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | KARL VANSTIPELEN A. DE COCKPLEIN 9,
1831 DIEGEM |
09-01-2024 → present |