CIN
ActiveSummary
CIN has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €56,268 and a net result of €20,758. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 78% of 1,368 sector peers (NACE 96, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Financials · financial year 2025, abbreviated format
Turnover
≈ €240,000
Estimated: probably between €180,000 and €270,000
Total assets
€86,267▲ 16.0%
2024 · €74,400
Net result
€20,758▲ 54.9%
2024 · €13,399
Working capital
€4,811▲ 27×
2024 · €180
Trend over the years
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 52% above 2024 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€28,386
2025
Net result€20,758
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€86,267
2025
Equity€56,268
2025
Debt€29,999
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€4,811
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)24.1%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency65.2%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio1.25
2025
Average staff in full-time equivalents (FTE).
Staff (FTE)3.5
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 96, Personal service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€34,531--€1,853€8,170-€4,389€12,905€18,716▲ 45.0%€28,386▲ 51.7%
Net result€28,177--€1,862within the sector's middle half€6,733within the sector's middle half-€4,586within the sector's middle half€11,749within the sector's middle half€13,399within the sector's middle half▲ 14.0%€20,758within the sector's middle half▲ 54.9%
Equity€25,076-€23,215within the sector's middle half▼ 7.4%€14,948below the sector's middle half▼ 35.6%€10,362below the sector's middle half▼ 30.7%€22,112below the sector's middle half▲ 113%€35,511within the sector's middle half▲ 60.6%€56,268within the sector's middle half▲ 58.5%
Total assets€46,207-€59,243below the sector's middle half▲ 28.2%€41,908below the sector's middle half▼ 29.3%€37,679below the sector's middle half▼ 10.1%€65,206below the sector's middle half▲ 73.1%€74,400below the sector's middle half▲ 14.1%€86,267within the sector's middle half▲ 16.0%
Debt€21,130-€36,028▲ 70.5%€26,961▼ 25.2%€27,316▲ 1.3%€43,095▲ 57.8%€38,889▼ 9.8%€29,999▼ 22.9%
Working capital-€7,916--€3,876within the sector's middle half▲ 51.0%€8,844within the sector's middle half-€20,296within the sector's middle half-€32,152below the sector's middle half▼ 58.4%€180within the sector's middle half€4,811within the sector's middle half▲ 27×
Solvency54.3%-39.2%within the sector's middle half▼ 15.1pp35.7%within the sector's middle half▼ 3.5pp27.5%within the sector's middle half▼ 8.2pp33.9%within the sector's middle half▲ 6.4pp47.7%within the sector's middle half▲ 13.8pp65.2%above the sector's middle half▲ 17.5pp
Current ratio0.62-0.82within the sector's middle half▲ 0.201.33within the sector's middle half▲ 0.510.25below the sector's middle half▼ 1.080.25below the sector's middle half=1.01within the sector's middle half▲ 0.761.25within the sector's middle half▲ 0.24
Return on assets (ROA)61.0%--3.1%below the sector's middle half▼ 64.1pp16.1%above the sector's middle half▲ 19.2pp-12.2%below the sector's middle half▼ 28.2pp18.0%above the sector's middle half▲ 30.2pp18.0%above the sector's middle half=24.1%above the sector's middle half▲ 6.1pp
Staff (FTE)4.3-3.6within the sector's middle half▼ 16.3%3.6within the sector's middle half=4.3within the sector's middle half▲ 19.4%3.5within the sector's middle half▼ 18.6%3.7within the sector's middle half▲ 5.7%3.5within the sector's middle half▼ 5.4%
above
within
below
the middle half of NACE 96, Personal service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €86,267
Fixed assets
€61,947 ▲ 25.9%
Current assets
€24,320 ▼ 3.4%
Equity and liabilities €86,267
Equity
€56,268 ▲ 58.5%
Debt
€29,999 ▼ 22.9%
Debt's share of the balance-sheet total falls from 52.3% to 34.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€30,005▲
2024 · €20,508
Cash flow
€22,377▲
2024 · €15,191
Quick ratio
1.03▲
2024 · 0.84
Debt to equity
0.53▼
2024 · 1.10
ROE
36.9%▼
2024 · 37.7%
Interest coverage
28.10▼
2024 · 33.41
Debt ≤ 1 year
€19,509▼
2024 · €25,006
Debt > 1 year
€10,056▼
2024 · €13,447
Income taxes
€7,851▲
2024 · €5,086
Staff costs
€105,460▲
2024 · €97,612
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €109,487 | €128,264 | €97,612 | €105,460 | ▲ 8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,021 | €2,542 | €1,539 | €1,019 | €1,200 | €1,792 | €1,619 | ▼ 9.7% |
| Other operating charges640/8 | - | - | - | €800 | €2,556 | €816 | €827 | ▲ 1.3% |
| Gross operating margin9900 | €130,806 | €100,251 | €64,658 | €106,917 | €144,924 | €118,937 | €136,292 | ▲ 14.6% |
| Operating profit (loss)9901 | €34,531 | -€1,853 | €8,170 | -€4,389 | €12,905 | €18,716 | €28,386 | ▲ 51.7% |
| Financial income75/76B | - | - | - | €271 | €385 | €383 | €1,290 | ▲ 237% |
| Recurring financial income75 | €32 | €207 | - | €271 | €385 | €383 | €1,290 | ▲ 237% |
| Financial charges65/66B | - | - | - | €468 | €1,188 | €614 | €1,068 | ▲ 74.0% |
| Recurring financial charges65 | €178 | €215 | €156 | €468 | €1,188 | €614 | €1,068 | ▲ 74.0% |
| Profit (loss) for the period before taxes9903 | €34,385 | -€1,861 | €8,014 | -€4,586 | €12,101 | €18,485 | €28,609 | ▲ 54.8% |
| Income taxes67/77 | €6,208 | €0 | €1,281 | €0 | €352 | €5,086 | €7,851 | ▲ 54.4% |
| Profit (loss) for the period9904 | €28,177 | -€1,862 | €6,733 | -€4,586 | €11,749 | €13,399 | €20,758 | ▲ 54.9% |
| Transfer from tax-exempt reserves789 | - | - | - | €0 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €28,177 | -€1,862 | €14,733 | -€4,586 | €11,749 | €13,399 | €20,758 | ▲ 54.9% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €46,207 | €59,243 | €41,908 | €37,679 | €65,206 | €74,400 | €86,267 | ▲ 16.0% |
| Formation expenses20 | €1,004 | €306 | - | - | - | - | - | - |
| Fixed assets21/28 | €32,167 | €41,264 | €6,411 | €31,009 | €54,476 | €49,215 | €61,947 | ▲ 25.9% |
| Tangible fixed assets22/27 | €4,783 | €3,444 | €2,211 | €2,611 | €1,783 | €5,412 | €4,386 | ▼ 19.0% |
| Plant, machinery and equipment23 | - | - | - | €2,546 | €1,783 | €5,412 | €4,386 | ▼ 19.0% |
| Other tangible fixed assets26 | - | - | - | €65 | €0 | - | - | - |
| Financial fixed assets28 | €27,384 | €37,821 | €4,200 | €28,398 | €52,693 | €43,803 | €57,562 | ▲ 31.4% |
| Current assets29/58 | €13,036 | €17,673 | €35,498 | €6,669 | €10,730 | €25,185 | €24,320 | ▼ 3.4% |
| Stocks and contracts in progress3 | €4,552 | €3,184 | €1,934 | €1,592 | €3,984 | €4,099 | €4,293 | ▲ 4.8% |
| Stocks30/36 | - | - | - | €1,592 | €3,984 | €4,099 | €4,293 | ▲ 4.8% |
| Amounts receivable within one year40/41 | €1,145 | €6,405 | €643 | €0 | - | €4,246 | €490 | ▼ 88.5% |
| Trade receivables40 | - | - | - | - | - | - | €490 | - |
| Other amounts receivable41 | - | - | - | €0 | - | €4,246 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €4,981 | €2,865 | €30,301 | €2,210 | €3,410 | €14,492 | €15,675 | ▲ 8.2% |
| Deferred charges and accrued income490/1 | - | - | - | €2,868 | €3,336 | €2,349 | €3,862 | ▲ 64.4% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €46,207 | €59,243 | €41,908 | €37,679 | €65,206 | €74,400 | €86,267 | ▲ 16.0% |
| Equity10/15 | €25,076 | €23,215 | €14,948 | €10,362 | €22,112 | €35,511 | €56,268 | ▲ 58.5% |
| Contributions10/11 | €12,400 | - | - | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €12,676 | €10,815 | €2,548 | €1,860 | €9,712 | €23,111 | €43,868 | ▲ 89.8% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €0 | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €0 | - | - |
| Distributable reserves133 | - | - | - | €0 | €7,852 | €23,111 | €43,868 | ▲ 89.8% |
| Profit (loss) carried forward14 | - | - | - | -€3,898 | €0 | - | - | - |
| Amounts payable17/49 | €21,130 | €36,028 | €26,961 | €27,316 | €43,095 | €38,889 | €29,999 | ▼ 22.9% |
| Amounts payable after more than one year17 | - | - | - | - | - | €13,447 | €10,056 | ▼ 25.2% |
| Financial debts170/4 | - | - | - | - | - | €13,447 | €10,056 | ▼ 25.2% |
| Amounts payable within one year42/48 | €20,952 | €21,549 | €26,653 | €26,966 | €42,882 | €25,006 | €19,509 | ▼ 22.0% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | - | €3,524 | €3,391 | ▼ 3.8% |
| Financial debts43 | - | - | - | - | - | €6,000 | €0 | ▼ 100% |
| Other loans439 | - | - | - | - | - | €6,000 | €0 | ▼ 100% |
| Trade debts44 | €4,301 | €5,067 | €4,033 | €2,160 | €9,046 | €3,218 | €2,325 | ▼ 27.7% |
| Suppliers440/4 | - | - | - | €2,160 | €9,046 | €3,218 | €2,325 | ▼ 27.7% |
| Taxes, remuneration and social security45 | - | - | - | €24,806 | €33,836 | €12,264 | €13,792 | ▲ 12.5% |
| Taxes450/3 | - | - | - | €13,238 | €9,699 | €1,209 | €1,505 | ▲ 24.5% |
| Remuneration and social security454/9 | - | - | - | €11,568 | €24,137 | €11,055 | €12,287 | ▲ 11.1% |
| Other amounts payable47/48 | - | - | - | €0 | - | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €350 | €212 | €437 | €435 | ▼ 0.5% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €28,177 | -€1,862 | €6,733 | -€4,586 | €11,749 | €13,399 | €20,758 | ▲ 54.9% |
| + Depreciation and write-downs630 | €3,021 | €2,542 | €1,539 | €1,019 | €1,200 | €1,792 | €1,619 | ▼ 9.7% |
| Operating cash flow (approximation) | €31,198 | €681 | €8,272 | -€3,567 | €12,949 | €15,191 | €22,377 | ▲ 47.3% |
| Investment in fixed assets (approximation) | - | -€11,640 | €33,315 | -€25,617 | -€24,667 | €3,469 | -€14,352 | - |
| Change in cash | - | -€2,116 | €27,436 | -€28,091 | €1,200 | €11,081 | €1,183 | ▼ 89.3% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 20 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-03-2025 | abbreviated format | 05-10-2025 | 2025-00530486 |
| 31-03-2024 | abbreviated format | 30-09-2024 | 2024-00485134 |
| 31-03-2023 | abbreviated format | 29-09-2023 | 2023-00468711 |
| 31-03-2022 | abbreviated format | 29-09-2022 | 2022-20453347 |
| 31-03-2021 | abbreviated format | 06-09-2021 | 2021-65700221 |
| 31-03-2020 | abbreviated format | 14-09-2020 | 2020-52600313 |
| 31-03-2019 | abbreviated format | 13-09-2019 | 2019-64100405 |
| 31-03-2018 | abbreviated format | 27-09-2018 | 2018-64900402 |
| 31-03-2017 | abbreviated format | 29-09-2017 | 2017-65100064 |
| 31-03-2016 | abbreviated format | 27-09-2016 | 2016-60900397 |
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Of the 21,694 active companies whose main activity is hairdressing and barber services (NACE 96210), figures are known for 2,991. 2,167 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Subsidies and aid
Flemish government
2024 · 1 entry · €1,000 awarded · €1,000 paidPublic contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.