BEAUTY TRIBUTE
InactiveBEAUTY TRIBUTE was declared bankrupt on 13-03-2023 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed for insufficient assets by judgment of 29-07-2024, published in the Belgian State Gazette on 02-08-2024.
Summary
Inactive; last annual accounts for fiscal year 2021.
Signals
Three 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 · 8 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline24-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 30-11-2022, 122 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
122 d late
2020
120 d late
2019
184 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, micro schema
Turnover
€177k▼ 27.2%
2019 · €243k
2019: €243k
2019 → 2020
EBIT margin
-9.0%▼ 13.8pp
2019 · 4.7%
2019: 4.7%
2019 → 2020
Net result
€-52k▼ 242%
2020 · €-15k
2018: €11k
2019: €7k
2020: €-15k
2018 → 2021
Working capital
€-57k▼ 4,381%
2020 · €-1k
2018: €30k
2019: €23k
2020: €-1k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Turnover€243k€177k▼ 27.2%
Equity€12k-€19k▲ 60.8%€4k▼ 78.9%€-48k
Operating result€20k-€12k▼ 43.7%€-16k€-48k▼ 200%
Net result€11k-€7k▼ 31.9%€-15k€-52k▼ 242%
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 €48k in 2021 against €16k in 2020; the loss grows and 2021 has the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €51k
Fixed assets
€13k ▼ 25.5%
Current assets
€37k ▼ 51.0%
Key figures and ratios
EBITDA
€-42k▼
2020 · €-10k
Cash flow
€-46k▼
2020 · €-9k
Solvency
-95.0%▼
2020 · 4.4%
Current ratio
0.39▼
2020 · 0.98
Quick ratio
0.00▲
2020 · 0.00
Debt to equity
-2.05▼
2020 · 2.50
ROA
-103.1%▼
2020 · -16.3%
Interest coverage
-9.83
Debt
€98k▲
2020 · €90k
Debt ≤ 1 year
€94k▲
2020 · €77k
Debt > 1 year
€4k▼
2020 · €10k
Staff costs
€34k
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 · 2021 against 2020 · 51 lines
Balance sheet
Code20202021
Assets
Total assets20/58€94k€51k▼
Fixed assets21/28€18k€13k▼
Intangible fixed assets21€1k€1k=
Tangible fixed assets22/27€17k€11k▼
Land and buildings22-€333
Plant, machinery and equipment23-€11k
Financial fixed assets28€125€1k▲
Current assets29/58€76k€37k▼
Stocks and contracts in progress3€75k€37k▼
Stocks30/36-€37k
Amounts receivable within one year40/41€42-
Cash at bank and in hand54/58€53€54▲
Deferred charges and accrued income490/1-€187
Equity and liabilities
Total equity and liabilities10/49€94k€51k▼
Equity10/15€4k€-48k▼
Contributions10/11-€25k
Reserves13€13k€13k=
Non-distributable reserves130/1-€3k
Reserves not available under the articles1311-€3k
Tax-exempt reserves132-€10k
Profit (loss) carried forward14€-33k€-85k▼
Amounts payable17/49€90k€98k▲
Amounts payable after more than one year17€10k€4k▼
Financial debts170/4-€4k
Amounts payable within one year42/48€77k€94k▲
Current portion of amounts payable after more than one year42-€3k
Financial debts43-€10k
Credit institutions430/8-€10k
Trade debts44€1k€15k▲
Suppliers440/4-€15k
Taxes, remuneration and social security45-€40k
Taxes450/3-€40k
Other amounts payable47/48-€26k
Income statement
Code20202021
Turnover70€177k-
Non-recurring operating income76A-€8k
Goods, raw materials, services and sundry goods60/61-€172k
Remuneration, social security and pensions62-€34k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k=
Other operating charges640/8-€17k
Gross operating margin9900€50k€10k▼
Operating profit (loss)9901€-16k€-48k▼
Financial income75/76B-€0
Recurring financial income75€0€0=
Financial charges65/66B-€4k
Recurring financial charges65€2k€4k▲
Profit (loss) for the period before taxes9903€-14k€-52k▼
Income taxes67/77€2k-
Profit (loss) for the period9904€-15k€-52k▼
Profit (loss) for the period to be appropriated9905€-15k€-52k▼
Appropriation of the result
Profit (loss) to be appropriated9906-€-85k
Profit (loss) brought forward from the previous period14P-€-33k
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
02-08
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise francophone de Bruxelles · BEAUTY TRIBUTE RUE DE NAMUR 85, 1000 BRUXELLES. déclarée le 13 mars 2023 · event 29-07-2024
2023
22-03
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · BEAUTY TRIBUTE RUE DE NAMUR 85, 1000 BRUXELLES · event 13-03-2023
2022
30-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 122 days late
2021
31-12
Financial
Weakest financial yearnet €-52k
Net result drops to €-52k, the lowest in the series.
28-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 120 days late
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 184 days late
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
30-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 61 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
2015
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 31 days late
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 | CHRISTOPHE BOURTEMBOURG AVENUE
LOUISE 283/19, 1050 IXELLES- christophe.bourtembourg@everest-
law.eu |
13-03-2023 → 29-07-2024 |