BRUXTAX
ActiveBRUXTAX has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-43k) and a net result of €-13k. Equity is shrinking by ~53.1% per year across the filed fiscal years. Its solvency ranks better than 20% of 4604 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
33
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability17▼-6
Solvency0▼-8
Growth32=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.13 against 0.15 in 2024; short-term debt: 126.5% and cash: 7.9% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven 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
-27.4%
Return on assets
-8.3%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-43k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-08-2026, 23 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 · 10 filingsDeviation from the deadline
2025
23 d late
2024
29 d late
2023
12 d late
2022
29 d late
2021
25 d late
2020
31 d late
2019
91 d late
← before the deadline
after the deadline →
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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-43k▼ 43.6%
2024 · €-30k
2018: €109k
2019: €66k
2020: €48k
2021: €7k
2022: €-1k
2023: €-20k
2024: €-30k
2018 → 2025
Total assets
€156k▼ 12.4%
2024 · €179k
2018: €355k
2019: €356k
2020: €289k
2021: €246k
2022: €232k
2023: €206k
2024: €179k
2018 → 2025
Net result
€-13k▼ 29.8%
2024 · €-10k
2018: €2k
2019: €-44k
2020: €-18k
2021: €-41k
2022: €-9k
2023: €-18k
2024: €-10k
2018 → 2025
Working capital
€-173k▲ 1.8%
2024 · €-176k
2018: €-61k
2019: €-80k
2020: €-73k
2021: €-94k
2022: €-85k
2023: €-85k
2024: €-176k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€7k-€-1k€-20k▼ 1,384%€-30k▼ 50.6%€-43k▼ 43.6%
Operating result€-41k-€-8k▲ 79.4%€-18k▼ 120%€-10k▲ 45.7%€-13k▼ 29.8%
Net result€-41k-€-9k▲ 78.9%€-18k▼ 114%€-10k▲ 45.7%€-13k▼ 29.8%
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 €13k in 2025 against €10k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €156k
Fixed assets
€132k▼ 11.0%
Current assets
€25k▼ 19.1%
Key figures and ratios
EBITDA
€6k▼
2024 · €8k
Cash flow
€6k▼
2024 · €8k
Solvency
-27.4%▼
2024 · -16.7%
Current ratio
0.13▼
2024 · 0.15
Quick ratio
0.13▼
2024 · 0.15
Debt / equity
-4.65▲
2024 · -6.98
ROA
-8.3%▼
2024 · -5.6%
Debt
€199k▼
2024 · €208k
Debt ≤ 1 year
€198k▼
2024 · €207k
Debt > 1 year
€1k=
2024 · €1k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€179k€156k▼
Fixed assets21/28€148k€132k▼
Tangible fixed assets22/27€148k€132k▼
Land and buildings22€141k€129k▼
Plant, machinery and equipment23€7k€207▼
Furniture and vehicles24€206€2k▲
Current assets29/58€31k€25k▼
Amounts receivable within one year40/41€12k€12k=
Other amounts receivable41€12k€12k=
Cash at bank and in hand54/58€18k€12k▼
Equity and liabilities
Total equity and liabilities10/49€179k€156k▼
Equity10/15€-30k€-43k▼
Contributions10/11€225k€225k=
Revaluation surpluses12€141k€129k▼
Reserves13€94k€106k▲
Distributable reserves133€94k€106k▲
Profit (loss) carried forward14€-490k€-503k▼
Amounts payable17/49€208k€199k▼
Amounts payable after more than one year17€1k€1k=
Other amounts payable178/9€1k€1k=
Amounts payable within one year42/48€207k€198k▼
Other amounts payable47/48€207k€198k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€19k▲
Other operating charges640/8€3k€3k▲
Gross operating margin9900€12k€9k▼
Operating profit (loss)9901€-10k€-13k▼
Profit (loss) for the period before taxes9903€-10k€-13k▼
Profit (loss) for the period9904€-10k€-13k▼
Profit (loss) for the period to be appropriated9905€-10k€-13k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-490k€-503k▼
Profit (loss) brought forward from the previous period14P€-480k€-490k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 23 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
12-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 12 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
31-12
Financial
Weakest financial yearnet €-44k ▼2461%
Net result drops to €-44k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 24 days late
2017
31-07
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.
Directors · office · real estate
Directors
6 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, Waterloo · 1 establishment unit since 1998
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.
Avenue des Gémeaux 211410 WaterlooGround area
1,706 m²
Building footprint
672 m²
Volume, LiDAR
10,126 m³
2 parcels, Brussels, Wallonia · tallest building 22.2 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
Armand Huysmanslaan 80, 1050 Elsene
since 19982.086.823.554
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25764N0239/00S000 | Wallonia | 873 m² | 1 · 180 m² | 8.9 m · 2 fl. |
| 21445C0293/00C008 | Brussels | 833 m² | 1 · 492 m² | 22.2 m · 7 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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KS BEAUTY
BE 1007.087.949
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LUCKY SUN
BE 0589.986.167
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BEAUTYBYDÖNE
BE 0743.884.090
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Of 24,863 companies in sector 96220 we hold annual accounts for 1,443. 1,003 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-02-1998
Fiscal year end31-12
Activities, NACEBEL
93022
96022Beauty treatment
96220Beauty care and other beauty treatments
47512Retail sale of household textiles and bedding
52410
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.