BILITIS
ActiveSummary
BILITIS has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €66k and a net result of €-1k. Equity is shrinking by ~19.6% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 75% of 4659 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability24▼-76
Solvency84▲+12
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity ample (current ratio 2.21 against 1.79 in 2024; short-term debt: 37.4% and cash: 66.6% of total assets), and 41% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
59%
Return on assets
-1.1%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
16 d early
2024
24 d early
2023
8 d early
2022
26 d early
2021
33 d early
2020
39 d early
2019
9 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€66k▼ 36.7%
2024 · €104k
2018: €102k
2019: €83k▼ -18.4% vs 2018
2020: €60k▼ -28.2% vs 2019
2021: €61k▲ +2.1% vs 2020
2022: €30k▼ -50.6% vs 2021
2023: €15k▼ -49.5% vs 2022lowest in 8 years
2024: €104k▲ +582% vs 2023highest in 8 years
2025: €66k▼ -36.7% vs 2024
2018 → 2025
Total assets
€111k▼ 49.4%
2024 · €220k
2018: €223khighest in 8 years
2019: €196k▼ -11.9% vs 2018
2020: €165k▼ -15.8% vs 2019
2021: €170k▲ +2.7% vs 2020
2022: €146k▼ -14.0% vs 2021
2023: €126k▼ -14.0% vs 2022
2024: €220k▲ +74.9% vs 2023
2025: €111k▼ -49.4% vs 2024lowest in 8 years
2018 → 2025
Net result
€-1k
2024 · €88k
2018: €5k
2019: €-19k▼ -509% vs 2018
2020: €-23k▼ -24.8% vs 2019
2021: €1k▲ +105% vs 2020
2022: €-31k▼ -2588% vs 2021lowest in 8 years
2023: €-15k▲ +51.7% vs 2022
2024: €88k▲ +694% vs 2023highest in 8 years
2025: €-1k▼ -101% vs 2024
2018 → 2025
Working capital
€50k▼ 42.4%
2024 · €88k
2018: €17k
2019: €8k▼ -56.5% vs 2018
2020: €2k▼ -76.9% vs 2019
2021: €11k▲ +527% vs 2020
2022: €-11k▼ -197% vs 2021
2023: €-17k▼ -57.3% vs 2022lowest in 8 years
2024: €88k▲ +624% vs 2023highest in 8 years
2025: €50k▼ -42.4% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€61k-€30k▼ 50.6%€15k▼ 49.5%€104k▲ 582%€66k▼ 36.7%
2021: €61k
2022: €30k▼ -50.6% vs 2021
2023: €15k▼ -49.5% vs 2022lowest in 5 years
2024: €104k▲ +582% vs 2023highest in 5 years
2025: €66k▼ -36.7% vs 2024
Operating result€540-€-31k€-16k▲ 50.2%€96k€1k▼ 98.5%
2021: €540
2022: €-31k▼ -5882% vs 2021lowest in 5 years
2023: €-16k▲ +50.2% vs 2022
2024: €96k▲ +718% vs 2023highest in 5 years
2025: €1k▼ -98.5% vs 2024
Net result€1k-€-31k€-15k▲ 51.7%€88k€-1k
2021: €1k
2022: €-31k▼ -2588% vs 2021lowest in 5 years
2023: €-15k▲ +51.7% vs 2022
2024: €88k▲ +694% vs 2023highest in 5 years
2025: €-1k▼ -101% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 99% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €111k
Fixed assets
€19k ▼ 9.2%
Current assets
€92k ▼ 53.7%
Equity and liabilities €111k
Equity
€66k ▼ 36.7%
Debt
€46k ▼ 60.7%
Debt's share of the balance-sheet total falls from 52.8% to 41.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€3k▼
2024 · €98k
Cash flow
€741▼
2024 · €90k
Current ratio
2.21▲
2024 · 1.79
Quick ratio
1.90▲
2024 · 1.69
Debt to equity
0.70▼
2024 · 1.12
ROE
-1.8%▼
2024 · 85.3%
ROA
-1.1%▼
2024 · 40.2%
Interest coverage
0.81▼
2024 · 18.56
Debt ≤ 1 year
€42k▼
2024 · €111k
Income taxes
€502▼
2024 · €4k
Staff costs
€25k▲
2024 · €17k
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 · 2025 against 2024 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€220k€111k▼
Fixed assets21/28€21k€19k▼
Tangible fixed assets22/27€21k€19k▼
Land and buildings22€16k€15k▼
Plant, machinery and equipment23€5k€4k▼
Furniture and vehicles24€625€129▼
Financial fixed assets28€211€211=
Current assets29/58€199k€92k▼
Stocks and contracts in progress3€12k€13k▲
Stocks30/36€12k€13k▲
Amounts receivable within one year40/41€105k€1k▼
Trade receivables40€1k€478▼
Other amounts receivable41€104k€749▼
Cash at bank and in hand54/58€79k€74k▼
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€220k€111k▼
Equity10/15€104k€66k▼
Contributions10/11€62k€30k▼
Reserves13€42k€36k▼
Distributable reserves133€42k€36k▼
Amounts payable17/49€116k€46k▼
Amounts payable within one year42/48€111k€42k▼
Trade debts44€3k€2k▼
Suppliers440/4€3k€2k▼
Taxes, remuneration and social security45€12k€9k▼
Taxes450/3€9k€6k▼
Remuneration and social security454/9€3k€3k▲
Other amounts payable47/48€96k€30k▼
Accrued charges and deferred income492/3€5k€4k▼
Income statement
Code20242025
Non-recurring operating income76A€94k-
Remuneration, social security and pensions62€17k€25k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Other operating charges640/8€3k€3k▲
Gross operating margin9900€118k€32k▼
Operating profit (loss)9901€96k€1k▼
Financial income75/76B€1k€2k▲
Recurring financial income75€1k€2k▲
Financial charges65/66B€5k€4k▼
Recurring financial charges65€5k€4k▼
Profit (loss) for the period before taxes9903€92k€-689▼
Income taxes67/77€4k€502▼
Profit (loss) for the period9904€88k€-1k▼
Profit (loss) for the period to be appropriated9905€88k€-1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€19k€-1k▼
Profit (loss) brought forward from the previous period14P€-70k-
Transfer from equity791/2-€38k
Transfer to equity691/2€19k-
To other reserves6921€19k-
Profit to be distributed694/7-€37k
Return on contributions (dividend)694-€37k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €94k | - | - |
| Remuneration, social security and pensions62 | €28k | €33k | €28k | €17k | €25k | ▲ 45.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14k | €9k | €9k | €2k | €2k | ▲ 8.5% |
| Other operating charges640/8 | €3k | €3k | €3k | €3k | €3k | ▲ 3.0% |
| Gross operating margin9900 | €45k | €13k | €24k | €118k | €32k | ▼ 73.1% |
| Operating profit (loss)9901 | €540 | €-31k | €-16k | €96k | €1k | ▼ 98.5% |
| Financial income75/76B | €946 | €749 | €969 | €1k | €2k | ▲ 47.6% |
| Recurring financial income75 | €946 | €749 | €969 | €1k | €2k | ▲ 47.6% |
| Financial charges65/66B | €86 | €129 | €118 | €5k | €4k | ▼ 20.8% |
| Recurring financial charges65 | €86 | €129 | €118 | €5k | €4k | ▼ 20.8% |
| Profit (loss) for the period before taxes9903 | €1k | €-31k | €-15k | €92k | €-689 | ▼ 101% |
| Income taxes67/77 | €162 | €174 | €188 | €4k | €502 | ▼ 86.5% |
| Profit (loss) for the period9904 | €1k | €-31k | €-15k | €88k | €-1k | ▼ 101% |
| Profit (loss) for the period to be appropriated9905 | €1k | €-31k | €-15k | €88k | €-1k | ▼ 101% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €170k | €146k | €126k | €220k | €111k | ▼ 49.4% |
| Fixed assets21/28 | €50k | €41k | €32k | €21k | €19k | ▼ 9.2% |
| Tangible fixed assets22/27 | €50k | €41k | €32k | €21k | €19k | ▼ 9.3% |
| Land and buildings22 | €37k | €31k | €25k | €16k | €15k | ▼ 5.0% |
| Plant, machinery and equipment23 | €10k | €8k | €6k | €5k | €4k | ▼ 14.3% |
| Furniture and vehicles24 | €3k | €2k | €1k | €625 | €129 | ▼ 79.4% |
| Financial fixed assets28 | €211 | €211 | €211 | €211 | €211 | = |
| Current assets29/58 | €120k | €105k | €93k | €199k | €92k | ▼ 53.7% |
| Stocks and contracts in progress3 | €14k | €10k | €14k | €12k | €13k | ▲ 11.6% |
| Stocks30/36 | €14k | €10k | €14k | €12k | €13k | ▲ 11.6% |
| Amounts receivable within one year40/41 | €435 | €753 | €2k | €105k | €1k | ▼ 98.8% |
| Trade receivables40 | €435 | €753 | €2k | €1k | €478 | ▼ 62.8% |
| Other amounts receivable41 | - | - | - | €104k | €749 | ▼ 99.3% |
| Cash at bank and in hand54/58 | €106k | €90k | €76k | €79k | €74k | ▼ 6.7% |
| Deferred charges and accrued income490/1 | €224 | €4k | €1k | €3k | €4k | ▲ 49.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €170k | €146k | €126k | €220k | €111k | ▼ 49.4% |
| Equity10/15 | €61k | €30k | €15k | €104k | €66k | ▼ 36.7% |
| Contributions10/11 | €62k | €62k | €62k | €62k | €30k | ▼ 51.6% |
| Outside capital11 | €62k | €62k | - | - | - | - |
| Other1109/19 | €62k | €62k | - | - | - | - |
| Reserves13 | €23k | €23k | €23k | €42k | €36k | ▼ 14.5% |
| Non-distributable reserves130/1 | €6k | €6k | - | - | - | - |
| Reserves not available under the articles1311 | €6k | €6k | - | - | - | - |
| Distributable reserves133 | €17k | €17k | €23k | €42k | €36k | ▼ 14.5% |
| Profit (loss) carried forward14 | €-24k | €-55k | €-70k | - | - | - |
| Amounts payable17/49 | €109k | €116k | €110k | €116k | €46k | ▼ 60.7% |
| Amounts payable within one year42/48 | €109k | €116k | €110k | €111k | €42k | ▼ 62.5% |
| Trade debts44 | €421 | €7k | €3k | €3k | €2k | ▼ 35.4% |
| Suppliers440/4 | €421 | €7k | €3k | €3k | €2k | ▼ 35.4% |
| Taxes, remuneration and social security45 | €10k | €11k | €11k | €12k | €9k | ▼ 21.8% |
| Taxes450/3 | €5k | €6k | €5k | €9k | €6k | ▼ 29.9% |
| Remuneration and social security454/9 | €5k | €5k | €6k | €3k | €3k | ▲ 1.3% |
| Other amounts payable47/48 | €98k | €98k | €96k | €96k | €30k | ▼ 68.5% |
| Accrued charges and deferred income492/3 | - | €108 | €333 | €5k | €4k | ▼ 20.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1k | €-31k | €-15k | €88k | €-1k | ▼ 101% |
| + Depreciation and write-downs630 | €14k | €9k | €9k | €2k | €2k | ▲ 8.5% |
| Operating cash flow (approximation) | €15k | €-22k | €-6k | €90k | €741 | ▼ 99.2% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €9k | €0 | ▼ 100% |
| Change in cash | - | €-16k | €-14k | €4k | €-5k | ▼ 252% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €88k
Net result €88k after 2 loss-making years.
31-12
Financial
Liquidity doublescurrent ratio 1.79
Current ratio from 0.85 to 1.79.
31-12
Financial
Equity above €100kEq €104k ▲582%
Equity rises from €15k to €104k.
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-31k
Net result drops to €-31k, the lowest in the series; recovery starts the following year.
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €1k
Net result €1k after 2 loss-making years.
22-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
22-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
19-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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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
Registered office, Ronse · 1 establishment unit since 1992
Ground area
299 m²
Building footprint
282 m²
Volume, LiDAR
1,315 m³
Parcel 45422C1632/00P004, Flanders · tallest building 11.9 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Elzeelsesteenweg 236, 9600 Ronse
since 19922.055.843.338
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45422C1632/00P004 | Flanders | 299 m² | 1 · 282 m² | 11.9 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 500 EUR awarded · 500 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 500 EUR | 500 EUR |
Schemes
Stagebonus (stopgezet)
Recognitions · licences · registrations
Dual-learning approval
4 endedHaarverzorging duaal (so)
Kapper (so)
Kapper (vwo)
Kapper-stylist duaal (so)
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Of 21,742 companies in sector 96210 we hold annual accounts for 2,831. 1,997 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded23-12-1991
Fiscal year end31-12
Activities, NACEBEL 2025
96210Hairdressing and barber services
47750Retail sale of cosmetics and toilet articles
74201Photography, excluding press photography
Scores and ratios are computed by Checked and are not a credit decision.