CLASSIC
ActiveSummary
CLASSIC has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €39k and a net result of €7k. Equity is shrinking by ~6.7% per year across the filed fiscal years. Its solvency ranks better than 94% of 6162 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability89▲+17
Solvency100=
Growth57=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity ample (current ratio 4.15 against 2.53 in 2023; short-term debt: 12.7% and cash: 50.5% of total assets), and 12.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
87.3%
Return on assets
15.8%
Age of the figures
21 mo
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €39k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-08-2025, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
26 d late
2023
31 d late
2022
61 d late
2021
101 d late
2020
38 d early
2019
52 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€44k▲ 6.5%
2018 · €41k
2018: €41k
2019: €44k▲ +6.5% vs 2018
2018 → 2019
EBIT margin
4.9%▲ 6.6pp
2018 · -1.7%
2018: -1.7%
2019: 4.9%▲ +392% vs 2018
2018 → 2019
Net result
€7k▲ 596%
2023 · €1k
2018: €-1k
2019: €1k▲ +204% vs 2018
2020: €-1k▼ -200% vs 2019
2021: €-8k▼ -523% vs 2020lowest in 7 years
2022: €-943▲ +88.0% vs 2021
2023: €1k▲ +209% vs 2022
2024: €7k▲ +596% vs 2023highest in 7 years
2018 → 2024
Working capital
€18k▲ 170%
2023 · €7k
2018: €8k
2019: €16k▲ +87.7% vs 2018
2020: €12k▼ -22.0% vs 2019
2021: €10k▼ -22.9% vs 2020
2022: €1k▼ -84.7% vs 2021lowest in 7 years
2023: €7k▲ +352% vs 2022
2024: €18k▲ +170% vs 2023highest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€47k-€39k▼ 16.7%€31k▼ 20.9%€32k▲ 3.3%€39k▲ 22.1%
2020: €47khighest in 5 years
2021: €39k▼ -16.7% vs 2020
2022: €31k▼ -20.9% vs 2021lowest in 5 years
2023: €32k▲ +3.3% vs 2022
2024: €39k▲ +22.1% vs 2023
Operating result€-1k-€-8k▼ 533%€-838▲ 89.3%€1k€9k▲ 730%
2020: €-1k
2021: €-8k▼ -533% vs 2020lowest in 5 years
2022: €-838▲ +89.3% vs 2021
2023: €1k▲ +227% vs 2022
2024: €9k▲ +730% vs 2023highest in 5 years
Net result€-1k-€-8k▼ 523%€-943▲ 88.0%€1k€7k▲ 596%
2020: €-1k
2021: €-8k▼ -523% vs 2020lowest in 5 years
2022: €-943▲ +88.0% vs 2021
2023: €1k▲ +209% vs 2022
2024: €7k▲ +596% vs 2023highest in 5 years
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 730% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €45k
Fixed assets
€21k ▼ 16.2%
Current assets
€24k ▲ 115%
Equity and liabilities €45k
Equity
€39k ▲ 22.1%
Debt
€6k ▲ 30.8%
Debt's share of the balance-sheet total rises from 11.9% to 12.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€13k▲
2023 · €5k
Cash flow
€11k▲
2023 · €5k
Current ratio
4.15▲
2023 · 2.53
Quick ratio
3.99▲
2023 · 2.33
Debt to equity
0.14▲
2023 · 0.14
ROE
18.1%▲
2023 · 3.2%
ROA
15.8%▲
2023 · 2.8%
Interest coverage
297.30▲
2023 · 133.72
Debt ≤ 1 year
€6k▲
2023 · €4k
Income taxes
€2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 47 lines
Balance sheet
Code20232024
Assets
Total assets20/58€37k€45k▲
Fixed assets21/28€26k€21k▼
Tangible fixed assets22/27€26k€21k▼
Land and buildings22€25k€21k▼
Plant, machinery and equipment23€517€287▼
Current assets29/58€11k€24k▲
Stocks and contracts in progress3€838€889▲
Stocks30/36€838€889▲
Amounts receivable within one year40/41€185€0▼
Trade receivables40€85€0▼
Other amounts receivable41€100€0▼
Cash at bank and in hand54/58€10k€23k▲
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€37k€45k▲
Equity10/15€32k€39k▲
Contributions10/11€20k€20k=
Reserves13€12k€19k▲
Tax-exempt reserves132€1k€1k=
Distributable reserves133€11k€18k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€4k€6k▲
Amounts payable within one year42/48€4k€6k▲
Trade debts44€734€626▼
Suppliers440/4€734€626▼
Taxes, remuneration and social security45€2k€4k▲
Taxes450/3€1k€4k▲
Remuneration and social security454/9€750€750=
Other amounts payable47/48€1k€724▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k=
Other operating charges640/8€1k€1k▲
Gross operating margin9900€6k€14k▲
Operating profit (loss)9901€1k€9k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€39€44▲
Recurring financial charges65€39€44▲
Profit (loss) for the period before taxes9903€1k€9k▲
Income taxes67/77-€2k
Profit (loss) for the period9904€1k€7k▲
Profit (loss) for the period to be appropriated9905€1k€7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-11k€7k▲
Profit (loss) brought forward from the previous period14P€-12k€0▲
Transfer from equity791/2€11k€0▼
Transfer to equity691/2-€7k
To other reserves6921-€7k
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6k | €6k | €5k | €4k | €4k | = |
| Other operating charges640/8 | - | €1k | €1k | €1k | €1k | ▲ 16.1% |
| Gross operating margin9900 | €6k | €-511 | €6k | €6k | €14k | ▲ 123% |
| Operating profit (loss)9901 | €-1k | €-8k | €-838 | €1k | €9k | ▲ 730% |
| Financial income75/76B | - | - | €10 | €0 | - | - |
| Recurring financial income75 | - | - | €10 | €0 | - | - |
| Financial charges65/66B | - | €32 | €115 | €39 | €44 | ▲ 11.9% |
| Recurring financial charges65 | €27 | €32 | €115 | €39 | €44 | ▲ 11.9% |
| Profit (loss) for the period before taxes9903 | €-1k | €-8k | €-943 | €1k | €9k | ▲ 758% |
| Income taxes67/77 | €0 | - | - | - | €2k | - |
| Profit (loss) for the period9904 | €-1k | €-8k | €-943 | €1k | €7k | ▲ 596% |
| Profit (loss) for the period to be appropriated9905 | €-1k | €-8k | €-943 | €1k | €7k | ▲ 596% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €50k | €45k | €34k | €37k | €45k | ▲ 23.2% |
| Fixed assets21/28 | €35k | €30k | €30k | €26k | €21k | ▼ 16.2% |
| Tangible fixed assets22/27 | €35k | €30k | €30k | €26k | €21k | ▼ 16.2% |
| Land and buildings22 | - | €27k | €29k | €25k | €21k | ▼ 15.7% |
| Plant, machinery and equipment23 | - | €2k | €747 | €517 | €287 | ▼ 44.6% |
| Furniture and vehicles24 | - | €676 | €0 | - | - | - |
| Current assets29/58 | €15k | €16k | €5k | €11k | €24k | ▲ 115% |
| Stocks and contracts in progress3 | €910 | €978 | €1k | €838 | €889 | ▲ 6.1% |
| Stocks30/36 | - | €978 | €1k | €838 | €889 | ▲ 6.1% |
| Amounts receivable within one year40/41 | €1k | €0 | €85 | €185 | €0 | ▼ 100% |
| Trade receivables40 | - | - | €85 | €85 | €0 | ▼ 100% |
| Other amounts receivable41 | - | €0 | - | €100 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €13k | €13k | €3k | €10k | €23k | ▲ 128% |
| Deferred charges and accrued income490/1 | - | €2k | €165 | €0 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €50k | €45k | €34k | €37k | €45k | ▲ 23.2% |
| Equity10/15 | €47k | €39k | €31k | €32k | €39k | ▲ 22.1% |
| Contributions10/11 | €19k | €19k | €20k | €20k | €20k | = |
| Capital10 | - | €19k | - | - | - | - |
| Issued capital100 | - | €19k | - | - | - | - |
| Reserves13 | €32k | €32k | €23k | €12k | €19k | ▲ 60.7% |
| Non-distributable reserves130/1 | - | €2k | - | - | - | - |
| Legal reserve130 | - | €2k | - | - | - | - |
| Tax-exempt reserves132 | - | €1k | €1k | €1k | €1k | = |
| Distributable reserves133 | - | €29k | €22k | €11k | €18k | ▲ 66.4% |
| Profit (loss) carried forward14 | €-4k | €-11k | €-12k | €0 | - | - |
| Amounts payable17/49 | €3k | €6k | €3k | €4k | €6k | ▲ 30.8% |
| Amounts payable after more than one year17 | €0 | - | - | - | - | - |
| Amounts payable within one year42/48 | €3k | €6k | €3k | €4k | €6k | ▲ 30.8% |
| Trade debts44 | €458 | €3k | €476 | €734 | €626 | ▼ 14.7% |
| Suppliers440/4 | - | €3k | €476 | €734 | €626 | ▼ 14.7% |
| Taxes, remuneration and social security45 | - | €3k | €2k | €2k | €4k | ▲ 96.1% |
| Taxes450/3 | - | €2k | €1k | €1k | €4k | ▲ 145% |
| Remuneration and social security454/9 | - | €750 | €750 | €750 | €750 | = |
| Other amounts payable47/48 | - | €691 | €589 | €1k | €724 | ▼ 48.5% |
| Accrued charges and deferred income492/3 | - | €0 | - | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-1k | €-8k | €-943 | €1k | €7k | ▲ 596% |
| + Depreciation and write-downs630 | €6k | €6k | €5k | €4k | €4k | = |
| Operating cash flow (approximation) | €5k | €-2k | €5k | €5k | €11k | ▲ 118% |
| Investment in fixed assets (approximation) | - | €-1k | €-5k | €0 | €0 | - |
| Change in cash | - | €661 | €-10k | €7k | €13k | ▲ 95.2% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
31-12
Financial
Highest result since 2018net €7k ▲596%
Operating result €9k, net result €7k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial
Back to profitnet €1k
Net result €1k after 3 loss-making years.
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 61 days late
2022
09-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 101 days late
2021
31-12
Financial
Weakest financial yearnet €-8k
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
23-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
09-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
04-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 35 days late
2018
19-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
08-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 8 days late
2016
01-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Brasschaat · 1 establishment unit since 1987
Ground area
342 m²
Building footprint
169 m²
Volume, LiDAR
1,146 m³
Parcel 11008H0011/00E005, Flanders · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Lage Kaart 624, 2930 Brasschaat
since 19872.031.423.290
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11008H0011/00E005 | Flanders | 342 m² | 1 · 169 m² | 10.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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 21,742 companies in sector 96210 we hold annual accounts for 2,831. 2,213 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded15-09-1987
Fiscal year end31-12
Activities, NACEBEL 2025
96210Hairdressing and barber services
Scores and ratios are computed by Checked and are not a credit decision.