BEAUTY STYLE GROUP
InactiveBEAUTY STYLE GROUP was declared bankrupt on 03-11-2021 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed by liquidation by judgment of 18-06-2024, published in the Belgian State Gazette on 16-07-2024.
Summary
Inactive; last annual accounts for fiscal year 2020.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 4 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline24-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 30-09-2021, 61 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
61 d late
2019
122 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2020, micro schema
Turnover
€34k▼ 56.6%
2019 · €78k
2018: €60k
2019: €78k
2018 → 2020
EBIT margin
-1.8%▲ 14.9pp
2019 · -16.7%
2018: 10.9%
2019: -16.7%
2018 → 2020
Net result
€-1k▲ 90.9%
2019 · €-13k
2018: €5k
2019: €-13k
2018 → 2020
Working capital
€1k▼ 48.2%
2019 · €2k
2018: €16k
2019: €2k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Turnover€60k-€78k▲ 29.9%€34k▼ 56.6%
Equity€19k-€6k▼ 68.7%€5k▼ 20.0%
Operating result€7k-€-13k€-609▲ 95.3%
Net result€5k-€-13k€-1k▲ 90.9%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €609 in 2020 against €13k in 2019; the loss shrinks.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €16k
Fixed assets
€4k =
Current assets
€13k ▼ 50.8%
Equity and liabilities €16k
Equity
€5k ▼ 20.0%
Debt
€12k ▼ 51.1%
Debt's share of the balance-sheet total falls from 79.7% to 70.6%. Equity and debt are lower.
Key figures and ratios
Current ratio
1.11▲
2019 · 1.11
Quick ratio
0.84▲
2019 · 0.84
ROE
-25.0%▲
2019 · -219.5%
ROA
-7.3%▲
2019 · -44.5%
Debt ≤ 1 year
€12k▼
2019 · €24k
Income taxes
€169
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2020 against 2019 · 23 lines
Balance sheet
Code20192020
Assets
Total assets20/58€30k€16k▼
Fixed assets21/28€4k€4k=
Financial fixed assets28€4k€4k=
Current assets29/58€26k€13k▼
Stocks and contracts in progress3€6k€3k▼
Amounts receivable within one year40/41€14k€4k▼
Cash at bank and in hand54/58€6k€6k▼
Equity and liabilities
Total equity and liabilities10/49€30k€16k▼
Equity10/15€6k€5k▼
Contributions10/11€19k-
Profit (loss) carried forward14€-13k€-14k▼
Amounts payable17/49€24k€12k▼
Amounts payable within one year42/48€24k€12k▼
Trade debts44€484€6k▲
Income statement
Code20192020
Turnover70€78k€34k▼
Gross operating margin9900€56k€9k▼
Operating profit (loss)9901€-13k€-609▲
Recurring financial income75€1-
Recurring financial charges65€153€423▲
Profit (loss) for the period before taxes9903€-13k€-1k▲
Income taxes67/77-€169
Profit (loss) for the period9904€-13k€-1k▲
Profit (loss) for the period to be appropriated9905€-13k€-1k▲
Timeline · acts, filings and financial milestones
2024
16-07
Bankruptcy
Bankruptcy closure (by liquidation)
Tribunal de l’entreprise francophone de Bruxelles · SPRL BEAUTY STYLE GROUP AVENUE LOUISE 209A/7, 1050 IXELLES. déclarée le 3 novembre 2021 · event 18-06-2024
2021
10-11
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SPRL BEAUTY STYLE GROUP AVENUE LOUISE 209A/7, 1050 IXELLES · event 03-11-2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 122 days late
2019
31-12
Financial
Weakest financial yearnet €-13k ▼365%
Net result drops to €-13k, the lowest in the series.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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 | SOPHIE HUART CHAUSSEE DE WATERLOO 880,
1000 BRUXELLES 1 |
03-11-2021 → 18-06-2024 |