BTM STYLING
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 27-05-2026 PDF all 2 filings
Every figure per financial year
The operating result for 2025 is a profit of €3,970, after a loss of €2,131 in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Staff
| Item | 31-12-2024 |
|---|---|
| Employees at the balance-sheet date | 2 |
| part-time | 2 |
| in full-time equivalents | 1.9 |
| Average over the year, in full-time equivalents | 0.6 |
| Joined | 2 |
| Left | 0 |
Source: social balance sheet in the 2024 annual accounts
Investments
| Item | 2024 | 2025 |
|---|---|---|
| Tangible fixed assets | €22,274 | €11,582 |
| Intangible fixed assets | €974 | - |
| Financial fixed assets | €353 | €75 |
| Depreciation and write-downs of the year | €3,777 | €4,935 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €4,721 | €8,357 | ▲ 77.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,777 | €4,935 | ▲ 30.7% |
| Other operating charges640/8 | €1,873 | €694 | ▼ 62.9% |
| Non-recurring operating charges66A | - | €532 | - |
| Gross operating margin9900 | €8,239 | €18,488 | ▲ 124% |
| Operating profit (loss)9901 | -€2,131 | €3,970 | - |
| Financial income75/76B | €16 | €13 | ▼ 16.9% |
| Recurring financial income75 | €16 | €13 | ▼ 16.9% |
| Financial charges65/66B | €125 | €296 | ▲ 137% |
| Recurring financial charges65 | €125 | €296 | ▲ 137% |
| Profit (loss) for the period before taxes9903 | -€2,240 | €3,687 | - |
| Income taxes67/77 | €950 | €3,351 | ▲ 253% |
| Profit (loss) for the period9904 | -€3,190 | €336 | - |
| Profit (loss) for the period to be appropriated9905 | -€3,190 | €336 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €32,155 | €39,276 | ▲ 22.1% |
| Fixed assets21/28 | €19,824 | €26,193 | ▲ 32.1% |
| Tangible fixed assets22/27 | €19,471 | €26,118 | ▲ 34.1% |
| Plant, machinery and equipment23 | €2,279 | €9,951 | ▲ 337% |
| Furniture and vehicles24 | €17,192 | €16,167 | ▼ 6.0% |
| Financial fixed assets28 | €353 | €75 | ▼ 78.8% |
| Current assets29/58 | €12,330 | €13,083 | ▲ 6.1% |
| Amounts receivable within one year40/41 | €2,487 | €6,326 | ▲ 154% |
| Trade receivables40 | - | €4,354 | - |
| Other amounts receivable41 | €2,487 | €1,972 | ▼ 20.7% |
| Cash at bank and in hand54/58 | €8,633 | €6,222 | ▼ 27.9% |
| Deferred charges and accrued income490/1 | €1,211 | €536 | ▼ 55.7% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €32,155 | €39,276 | ▲ 22.1% |
| Equity10/15 | €5,810 | €6,146 | ▲ 5.8% |
| Contributions10/11 | €9,000 | €9,000 | = |
| Profit (loss) carried forward14 | -€3,190 | -€2,854 | ▲ 10.5% |
| Amounts payable17/49 | €26,345 | €33,130 | ▲ 25.8% |
| Amounts payable within one year42/48 | €25,492 | €32,400 | ▲ 27.1% |
| Trade debts44 | €7,497 | €15,305 | ▲ 104% |
| Suppliers440/4 | €7,497 | €15,305 | ▲ 104% |
| Advances received on contracts in progress46 | €10,235 | €2,241 | ▼ 78.1% |
| Taxes, remuneration and social security45 | €1,991 | €4,769 | ▲ 140% |
| Taxes450/3 | €950 | €4,699 | ▲ 395% |
| Remuneration and social security454/9 | €1,041 | €70 | ▼ 93.3% |
| Other amounts payable47/48 | €5,769 | €10,085 | ▲ 74.8% |
| Accrued charges and deferred income492/3 | €853 | €730 | ▼ 14.4% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€3,190 | €336 | - |
| + Depreciation and write-downs630 | €3,777 | €4,935 | ▲ 30.7% |
| Operating cash flow (approximation) | €587 | €5,271 | ▲ 798% |
| Investment in fixed assets (approximation) | - | -€11,304 | - |
| Change in cash | - | -€2,411 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 2,542 companies had the same profile as BTM STYLING has now. Two years later, 95.0% were still going and 3.5% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of BTM STYLING itself: 1.9% within 12 months.
Test of the method
The method was tested on the 497,446 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 2,542 companies, not a prediction for BTM STYLING. 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.