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CIN

Active
Private limited companyfounded 2004active for 22 yearsSint-Jacobsmarkt 97/1, 2000 Antwerpen, BelgiumKBO/BCE: BE 0865.913.555

Financials · financial year 2025, abbreviated format

Annual accounts 2025 filed on 05-10-2025 PDF all 20 filings

Turnover
≈ €240,000
Estimated: probably between €180,000 and €280,000
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

The operating result for 2025 is 52% higher than in 2024 and the highest since 2021. It is the third rise in a row, after the fall in 2022.

Operating result€28,386 2025 Net result€20,758 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Personal service activities (NACE 96). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and 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 sector band is the middle half of the companies in Personal service activities (NACE 96). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are 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
2025 value · change against 2024
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.

Staff

social balance sheet
Item31-03-202231-03-202331-03-202431-03-2025
Employees at the balance-sheet date4433
full-time2222
part-time2211
in full-time equivalents3.83.833
Average over the year, in full-time equivalents4.33.53.73.5
On a permanent contract3322
Joined-347
Left-357
Training hours---1,206

Source: social balance sheet in the 2022 to 2025 annual accounts

Investments

fixed assets acquired
Item31-03-202231-03-202331-03-202431-03-2025
Tangible fixed assets€1,419€372€5,422€593
Financial fixed assets€24,198€24,295-€13,759
Depreciation and write-downs of the year€1,019€1,200€1,792€1,619

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Subsidies and aid

Flemish government

2024 · 1 entry · €1,000 awarded · €1,000 paid
Schemes
1 entry · €1,000 · €1,000 paid · Departement Werk en Sociale Economie

Comparable companies

These companies have the same main activity as CIN: hairdressing and barber services (NACE 96210). They are comparable in size and age: total assets between €52,300 and €81,900, founded between 1999 and 2010.

CompanyFoundedTotal assetsEquityGross marginNet resultFTEFinancial year
CIN Antwerpen2004€86,267€56,268€136,292€20,7583.52025
CHAVE Antwerpen2007€80,996-€207,302€110,237-€53,2653.52025
KREAIEP Antwerpen2007€81,918€22,975€144,422€12,2973.92025
WEVARO Antwerpen2007€61,710€7,414€115,851€1,6993.82025
SSC Two Bonheiden1999€74,630€29,608€179,772€24,8243.72025
Haircutzz Rumst2010€70,951€4,326€103,174-€10,1773.42025
TWENTY-SIX Nijlen2002€52,259-€54,484€120,433€29,42032025

They were chosen from the 3,277 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 51 lines

Source: Annual accounts 2025 (PDF), filed on 05-10-2025.

Balance sheet Code20242025
Assets
Total assets20/58€74,400€86,267▲
Fixed assets21/28€49,215€61,947▲
Tangible fixed assets22/27€5,412€4,386▼
Plant, machinery and equipment23€5,412€4,386▼
Financial fixed assets28€43,803€57,562▲
Current assets29/58€25,185€24,320▼
Stocks and contracts in progress3€4,099€4,293▲
Stocks30/36€4,099€4,293▲
Amounts receivable within one year40/41€4,246€490▼
Trade receivables40-€490
Other amounts receivable41€4,246€0▼
Cash at bank and in hand54/58€14,492€15,675▲
Deferred charges and accrued income490/1€2,349€3,862▲
Equity and liabilities
Total equity and liabilities10/49€74,400€86,267▲
Equity10/15€35,511€56,268▲
Contributions10/11€12,400€12,400=
Reserves13€23,111€43,868▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€23,111€43,868▲
Amounts payable17/49€38,889€29,999▼
Amounts payable after more than one year17€13,447€10,056▼
Financial debts170/4€13,447€10,056▼
Amounts payable within one year42/48€25,006€19,509▼
Current portion of amounts payable after more than one year42€3,524€3,391▼
Financial debts43€6,000€0▼
Other loans439€6,000€0▼
Trade debts44€3,218€2,325▼
Suppliers440/4€3,218€2,325▼
Taxes, remuneration and social security45€12,264€13,792▲
Taxes450/3€1,209€1,505▲
Remuneration and social security454/9€11,055€12,287▲
Accrued charges and deferred income492/3€437€435▼
Income statement Code20242025
Remuneration, social security and pensions62€97,612€105,460▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,792€1,619▼
Other operating charges640/8€816€827▲
Gross operating margin9900€118,937€136,292▲
Operating profit (loss)9901€18,716€28,386▲
Financial income75/76B€383€1,290▲
Recurring financial income75€383€1,290▲
Financial charges65/66B€614€1,068▲
Recurring financial charges65€614€1,068▲
Profit (loss) for the period before taxes9903€18,485€28,609▲
Income taxes67/77€5,086€7,851▲
Profit (loss) for the period9904€13,399€20,758▲
Profit (loss) for the period to be appropriated9905€13,399€20,758▲
Appropriation of the result
Profit (loss) to be appropriated9906€13,399€20,758▲
Profit (loss) brought forward from the previous period14P€0-
Transfer to equity691/2€13,399€20,758▲
To other reserves6921€13,399€20,758▲
Social balance sheet
Average headcount (FTE)90873.73.5▼

The notes to these accounts have 13 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Line2019202020212022202320242025Change
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%
Line2019202020212022202320242025Change
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%
Line2019202020212022202320242025Change
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%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Latest 10 of 20 filings with the National Bank
Financial year Type Filed Reference Document
31-03-2025 abbreviated format 05-10-2025 2025-00530486 PDF
31-03-2024 abbreviated format 30-09-2024 2024-00485134 PDF
31-03-2023 abbreviated format 29-09-2023 2023-00468711 PDF
31-03-2022 abbreviated format 29-09-2022 2022-20453347 PDF
31-03-2021 abbreviated format 06-09-2021 2021-65700221 PDF
31-03-2020 abbreviated format 14-09-2020 2020-52600313 PDF
31-03-2019 abbreviated format 13-09-2019 2019-64100405 PDF
31-03-2018 abbreviated format 27-09-2018 2018-64900402 PDF
31-03-2017 abbreviated format 29-09-2017 2017-65100064 PDF
31-03-2016 abbreviated format 27-09-2016 2016-60900397 PDF

Show all 20 filings

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