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C'line Esthétique

Active
Private limited companyfounded 2013active for 13 yearsRue Mitoyenne 125, 4840 Welkenraedt, BelgiumKBO/BCE: BE 0524.898.177
Summary

The computed 12-month bankruptcy probability of C'line Esthétique is 2.1% (moderate). The annual accounts of C'line Esthétique for financial year 2024 show a net loss of 54% of the equity at the start of that year. The 2024 annual accounts show equity of €5,614 and a net result of -€6,518. Equity is shrinking by about 29% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2026. Its solvency ranks better than 38% of 6,096 sector peers (NACE 96, financial year 2024). The company has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Day spas, saunas and steam baths
NACE 96230
1 site
Size
€57,736total assets 2024
Equity
€5,614
Loss
-€6,518
Turnover not published (micro format)
Financial health
52 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
2.1%
Structure
Accounts 81 days overdue0 of 3 deeds read
Why 52raises riskFigures for financial year 2024 (filed 03-09-2025)1 financial year not filed after the legal deadline; latest accounts 30 days late; 1 of the last 3 latelowers riskFounded in 2013Size: total assets €57,736Show the evidence

Checked score

Score 2024
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 20% of its sector peers (NACE 96, micro)
Financial strength · tick = 2023
Weak
Solvency 35-6
equity 9.7% of total assets
Liquidity 18-6
short-term debt 89.8% · cash 14.2%
Profitability 5-10
return on assets -11.3%
Bankruptcy probability, 12 months
2.1% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (7,618 companies, NACE 96, micro)
Last 24 months 11-2024: 1.3% 12-2024: 1.3%● unchanged vs 11-2024 01-2025: 1.1%▼ -0.2 percentage points vs 12-2024 02-2025: 1.1%● unchanged vs 01-2025 03-2025: 1.1%● unchanged vs 02-2025 04-2025: 1.1%● unchanged vs 03-2025 05-2025: 1.1%● unchanged vs 04-2025 06-2025: 1.1%● unchanged vs 05-2025 07-2025: 1.2%▲ +0.1 percentage points vs 06-2025 08-2025: 1.8%▲ +0.6 percentage points vs 07-2025 09-2025: 1.9%▲ +0.1 percentage points vs 08-2025 10-2025: 1.0%▼ -0.9 percentage points vs 09-2025 11-2025: 1.0%● unchanged vs 10-2025 12-2025: 1.0%● unchanged vs 11-2025 01-2026: 0.9%▼ -0.1 percentage points vs 12-2025 02-2026: 0.9%● unchanged vs 01-2026 03-2026: 0.9%● unchanged vs 02-2026 04-2026: 1.0%▲ +0.1 percentage points vs 03-2026 05-2026: 0.9%▼ -0.1 percentage points vs 04-2026 06-2026: 0.9%● unchanged vs 05-2026lowest value 07-2026: 0.9%● unchanged vs 06-2026 08-2026: 1.5%▲ +0.6 percentage points vs 07-2026 09-2026: 1.7%▲ +0.2 percentage points vs 08-2026 10-2026: 2.1%▲ +0.4 percentage points vs 09-2026highest value
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity insufficient (current ratio 0.88, compared with 0.99 in 2023, below 1; short-term debt: 89.8% and cash: 14.2% of total assets), and 90.3% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 36% on solvency, 15% on liquidity, 19% on profitability and 12% on growth.

The bankruptcy probability was computed on 19-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2024 (filed 03-09-2025)
NBB · annual accounts
lowers risk · Founded in 2013
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Size: total assets €57,736
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 30 days late; 1 of the last 3 late
NBB · filings
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year -€6,518
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 81 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline20-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-08-2025, 30 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
30 days late
2023
31 days late
2022
30 days late
2021
60 days late
2020
11 days early
2019
23 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 20 days after the deadline; the sector median (NACE 96) for financial year 2024 is on the deadline day, and 48% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Annual accounts filedfinancial year 2023 · micro…
  3. Annual accounts filedfinancial year 2022 · micro…

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 81 days late View
  • Caution: Among the weakest 20% on net resultsector median €2,849 · 6,089 companies -€6,518 View
  • Caution: 2 loss-making years in a rowloss financial year 2024 -€6,518 View

By topic

Financials

Financial year
2024
Total assets
€57,736
Loss
-€6,518
Solvency
9.7%
Total assets▼ 23.2%
Net result
20182024
Go to Financials

Timeline

Events
15
Since
2014
  1. 31-12-2022Back to profit
  2. 29-09-2022Annual accounts filed
  3. 20-07-2021Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Day spas, saunas and steam bathsNACE 96230
Founded
27-03-2013
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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