Equity
BROWWAXBAR paid out €331,176 in dividends. That is 455% of the 2025 profit.
BROWWAXBAR paid out €331,176 in dividends. That is 455% of the 2025 profit.
The micro format states no turnover.
Of this, €394,935 falls due within a year.
In 2025, 4 people joined and 4 left.
Short-term debts rose from €74,757 to €394,935.
Higher net result than 95% of companies in personal services. Sector median €2,798 · 5,761 companies.
The dashed line is the sector median: 0.7% across 7,626 companies (NACE 96, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 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). It does better than 39% of them on solvency, 67% on liquidity, 66% on profitability and 10% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 6,713 companies had the same profile as BROWWAXBAR has now. Each dot stands for 17 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of BROWWAXBAR itself is lower: 0.2% within 12 months. It rests on far more data about BROWWAXBAR than the profile alone.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,713 companies, not a prediction for BROWWAXBAR. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is insufficient, with a current ratio of 0.69 (3.26 in 2024), below 1. Short-term debt is 46.5% and cash 28% of total assets. 86.2% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 19 days before the deadline. In the sector (NACE 96), the median for financial year 2024 was on the deadline day, and 48% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| BROWWAXBAR Wommelgem | €849,263 | €267,969 | 13.8% | - |
| Simply B Oud-Heverlee | €889,186 | €264,453 | 61.9% | - |
| Kokoro Leuven | €871,529 | €229,223 | -29.7% | - |
| Skingenium Meise | €981,222 | €207,556 | 36.0% | - |
| Dr. Silvie Van Eycken Brasschaat | €690,923 | €170,510 | 79.7% | - |
| Instituut Merel Retie | €620,309 | €166,950 | 26.2% | - |
| CHAGRIMM Namur | €832,271 | €394,813 | 23.8% | 3.3 |
These companies have the same main activity as BROWWAXBAR: beauty care and other beauty treatments (NACE 96220). They are comparable in size and age: total assets between €620,000 and €981,000, founded between 2016 and 2019.
BROWWAXBAR files the micro format. That format states no turnover. The gross margin rose from €137,490 in 2018 to €267,969 in 2025.
The balance sheet grew most from 2022 to 2024 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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