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BEAUTY TIME

Active
Private limited companyfounded 2016active for 10 yearsGraystraat 31, 1040 Etterbeek, BelgiumKBO/BCE: BE 0663.650.145
Summary

The computed 12-month bankruptcy probability of BEAUTY TIME is 3.0% (moderate). The 2024 annual accounts show equity of €8,897 and a net result of -€21. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 37% of 6,090 sector peers (NACE 96, financial year 2024). The company has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow ReportCompare
BEAUTY TIMEActiveChecked score 51/100
Risk analysis ReportCompare

Overview

Activity
Day spas, saunas and steam baths
NACE 96230Beauty care and other beauty treatments NACE 96220
1 site
Size
€110,211total assets 2024
Staff
3.7 FTE
Equity
€8,897
Loss
-€21
Turnover not published (micro format)
Financial health
51 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
3.0%
Structure
  • MASHADI YAHYA Ali RezaDirector
2025 accounts not filed, 86 days past the deadline1 of 4 deeds summarised
Why 51raises riskFigures for financial year 2024 (filed 05-10-2025)1 financial year not filed after the legal deadline; last filed accounts filed 60 days late; 2 of the last 3 latelowers riskSize: total assets €110,211Liquidity: current ratio 0.98, cash €29,130Show the evidence

Checked score

Score 2024
51 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 44% of its sector peers (NACE 96, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Weak
Solvency 33=
equity 8.1% of total assets
Liquidity 33-17
short-term debt 91.9% · cash 26.4%
Profitability 32-2
return on assets 0.0%
Bankruptcy probability, 12 months
3.0% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (7,611 companies, NACE 96, micro)
Last 24 months 11-2024: 0.9% 12-2024: 0.9%● unchanged vs 11-2024 01-2025: 0.9%● unchanged vs 12-2024 02-2025: 0.9%● unchanged vs 01-2025 03-2025: 0.9%● unchanged vs 02-2025 04-2025: 0.9%● unchanged vs 03-2025 05-2025: 0.9%● unchanged vs 04-2025 06-2025: 0.9%● unchanged vs 05-2025 07-2025: 0.9%● unchanged vs 06-2025lowest value 08-2025: 1.3%▲ +0.4 percentage points vs 07-2025 09-2025: 1.6%▲ +0.3 percentage points vs 08-2025 10-2025: 2.9%▲ +1.3 percentage points vs 09-2025 11-2025: 1.3%▼ -1.6 percentage points vs 10-2025 12-2025: 1.3%● unchanged vs 11-2025 01-2026: 1.2%▼ -0.1 percentage points vs 12-2025 02-2026: 1.2%● unchanged vs 01-2026 03-2026: 1.1%▼ -0.1 percentage points vs 02-2026 04-2026: 1.2%▲ +0.1 percentage points vs 03-2026 05-2026: 1.1%▼ -0.1 percentage points vs 04-2026 06-2026: 1.1%● unchanged vs 05-2026 07-2026: 1.1%● unchanged vs 06-2026 08-2026: 1.6%▲ +0.5 percentage points vs 07-2026 09-2026: 1.9%▲ +0.3 percentage points vs 08-2026 10-2026: 3.0%▲ +1.1 percentage points vs 09-2026highest value
No publishable credit limit; credit only on tighter terms
Liquidity insufficient (current ratio 0.98, compared with 1.08 in 2023, below 1; short-term debt: 91.9% and cash: 26.4% of total assets), and 91.9% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 35% on solvency, 25% on liquidity, 27% on profitability and 87% on growth.

The bankruptcy probability was computed on 24-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed 05-10-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 60 days late; 2 of the last 3 late
NBB · filings
lowers risk · Size: total assets €110,211
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 0.98, cash €29,130
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year €8,897
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, 86 days later.
NBB · 8 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline25-10-2026 today
raises risk · 2024 accounts filed 60 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 8 filings
Deviation from the deadline
2025
not filed
2024
60 days late
2023
7 days early
2022
60 days late
2021
81 days late
2020
61 days late
2019
89 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 57 days after the deadline; the sector median (NACE 96) for financial year 2024 is on the deadline day, and 48% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Annual accounts filedfinancial year 2023 · micro…
  3. Back to profitnet €146

Key points

  • Caution: 2025 accounts not fileddeadline was 31-07-2026 86 days past the deadline View
  • Among the largest 17% on gross marginsector median €27,231 · 6,080 companies €139,778 View
  • One director decidessole director in office 1 View

By topic

Financials

Financial year
2024
Total assets
€110,211
Loss
-€21
Solvency
8.1%
Total assets▲ 73.2%
Net result
20182024
Go to Financials

Timeline

Events
14
Since
2018
  1. 20-12-2023Appointment: MASHADI YAHYA Ali Reza (director)
  2. 29-09-2023Annual accounts filed
  3. 20-10-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Day spas, saunas and steam bathsNACE 96230
Founded
30-09-2016
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
26
Annual meeting
First Monday of June at 18:00
Purpose
“L’exploitation de salons d’esthétique,de salons de coiffure pour hommes,dames et…” (deed in French)
Go to Articles of association

Key facts about BEAUTY TIME

What is the company number of BEAUTY TIME?
0663.650.145. In Belgium the VAT number is the company number with BE in front: BE 0663.650.145.
Where is BEAUTY TIME based?
The registered office is at Graystraat 31, 1040 Etterbeek.Company details
What does BEAUTY TIME do?
According to the KBO register, the main activity is day spas, saunas and steam baths (NACE 96230).
What is the legal form of BEAUTY TIME?
Private limited company (BV).
When was BEAUTY TIME founded?
On 30-09-2016.
Is BEAUTY TIME still active?
Yes, BEAUTY TIME is an active enterprise in the KBO register.
How many employees does BEAUTY TIME have?
On average 3.7 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of BEAUTY TIME?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is BEAUTY TIME profitable?
In financial year 2024, BEAUTY TIME made a loss of €21.
Where can I find the annual accounts of BEAUTY TIME?
BEAUTY TIME filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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