CHALLENG'HAIR
ActiveThe computed 12-month bankruptcy probability of CHALLENG'HAIR is 1.6% (moderate). The 2025 annual accounts show equity of €26k and a net result of €7k. Its solvency ranks better than 35% of 4622 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▲+10
Solvency34▲+3
Growth78
Track record94
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 2.07 against 1.97 in 2024; short-term debt: 15.8% and cash: 19.6% of total assets), but 91% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
9%
Return on assets
2.3%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 09-03-2026, 52 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
52 d early
2024
6 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
23-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€26k▲ 33.8%
2024 · €19k
2024: €19k
2024 → 2025
Total assets
€287k▼ 15.1%
2024 · €339k
2024: €339k
2024 → 2025
Net result
€7k▲ 50.1%
2024 · €4k
2024: €4k
2024 → 2025
Working capital
€48k▼ 2.9%
2024 · €50k
2024: €50k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€19k-€26k▲ 33.8%
Operating result€19k-€15k▼ 23.1%
Net result€4k-€7k▲ 50.1%
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 23% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €286k
Fixed assets
€193k▼ 18.2%
Current assets
€94k▼ 7.3%
Equity and liabilities €287k
Equity
€26k▲ 33.8%
Debt
€262k▼ 18.1%
The debt ratio falls from 94.3% to 91.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€62k▼
2024 · €66k
Cash flow
€54k▲
2024 · €51k
Solvency
9.0%▲
2024 · 5.7%
Current ratio
2.07▲
2024 · 1.97
Quick ratio
1.40▲
2024 · 1.22
Debt / equity
10.09▼
2024 · 16.50
ROE
25.3%▲
2024 · 22.5%
ROA
2.3%▲
2024 · 1.3%
Interest coverage
8.52▲
2024 · 4.99
Debt
€262k▼
2024 · €319k
Debt ≤ 1 year
€45k▼
2024 · €51k
Debt > 1 year
€216k▼
2024 · €268k
Income taxes
€1k▼
2024 · €2k
Staff costs
€174k▲
2024 · €165k
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€339k€287k▼
Formation expenses20€2k€994▼
Fixed assets21/28€236k€193k▼
Intangible fixed assets21€180k€160k▼
Tangible fixed assets22/27€56k€33k▼
Furniture and vehicles24€24k€15k▼
Other tangible fixed assets26€32k€17k▼
Current assets29/58€101k€94k▼
Stocks and contracts in progress3€39k€30k▼
Stocks30/36€39k€30k▼
Amounts receivable within one year40/41€9k€1k▼
Trade receivables40€9k€1k▼
Cash at bank and in hand54/58€47k€56k▲
Deferred charges and accrued income490/1€6k€6k▲
Equity and liabilities
Total equity and liabilities10/49€339k€287k▼
Equity10/15€19k€26k▲
Contributions10/11€15k€15k=
Profit (loss) carried forward14€4k€11k▲
Amounts payable17/49€319k€262k▼
Amounts payable after more than one year17€268k€216k▼
Financial debts170/4€21k€10k▼
Other amounts payable178/9€248k€206k▼
Amounts payable within one year42/48€51k€45k▼
Current portion of amounts payable after more than one year42€11k€12k▲
Trade debts44€12k€5k▼
Suppliers440/4€12k€5k▼
Taxes, remuneration and social security45€28k€29k▲
Taxes450/3€10k€9k▼
Remuneration and social security454/9€17k€20k▲
Accrued charges and deferred income492/3€49€33▼
Income statement
Code20242025
Remuneration, social security and pensions62€165k€174k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€46k€47k▲
Other operating charges640/8€719€990▲
Gross operating margin9900€232k€237k▲
Operating profit (loss)9901€19k€15k▼
Financial income75/76B€0€62▲
Recurring financial income75€0€62▲
Financial charges65/66B€13k€7k▼
Recurring financial charges65€13k€7k▼
Profit (loss) for the period before taxes9903€6k€8k▲
Income taxes67/77€2k€1k▼
Profit (loss) for the period9904€4k€7k▲
Profit (loss) for the period to be appropriated9905€4k€7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€4k€11k▲
Profit (loss) brought forward from the previous period14P-€4k
The notes to these accounts (9 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
09-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
24-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
Directors · office · real estate
Directors
1 act for this company is 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, Aubel · 1 establishment unit since 2023
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.
Rue de la Bel 75/A4880 AubelGround area
242 m²
Parcel 63003B0491/00F000, Wallonia. Linked by address, not a title deed.
1 establishment unit
CHALLENG'HAIR
since 20232.349.864.986
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63003B0491/00F000 | Wallonia | 242 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 21,750 companies in sector 96210 we hold annual accounts for 2,833. 2,325 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-08-2023
Fiscal year end30-09
Activities, NACEBEL
96021Hairdressing
96210Hairdressing and barber services
47750Retail sale of cosmetics and toilet articles
47781Retail sale of solid, liquid and gaseous fuels, excluding motor fuels
47784Retail sale of souvenirs and religious articles
47789Other retail sale of new goods
47890Retail trade
85592Vocational training
96022Beauty treatment
96220Beauty care and other beauty treatments
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:info@challenghair.be
Phone:087688444