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Coiff Magic

Active
General partnershipfounded 20197 yrs activeRue Brun 34, 5300 Andenne, BelgiumKBO/BCE: BE 0720.572.418
Summary

The computed 12-month bankruptcy probability of Coiff Magic is 1.9% (moderate). The 2022 annual accounts show negative equity (-€9,935) and a net result of -€6,810. Its solvency ranks better than 14% of 5146 sector peers (fiscal year 2022). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Axes, FY 2022
Profitability0
Solvency0
Growth-
Track record85
Bankruptcy probability, 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2022
Solvency, return and age of the figures
Solvency
-108.3%
Return on assets
-74.2%
Age of the figures
45 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 7 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 22-09-2023, 53 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 · 1 filing
Deviation from the deadline
2022
53 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2022 accounts 53 days after the deadline; the sector median for financial year 2022 is 1 day after the deadline, and 50% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 11 February 2019, Coiff Magic was incorporated.1 The company has filed annual accounts once, for fiscal year 2022.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022

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Financials · fiscal year 2022, micro schema

Turnover
€35,940
EBIT margin
-18.3%
Net result
-€6,810
Working capital
€210

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €9,178
Fixed assets €4,911
Current assets €4,267
Key figures and ratios
2022 value
EBITDA
-€5,942
Cash flow
-€6,170
Solvency
-108.3%
Current ratio
1.05
Debt to equity
-1.92
ROA
-74.2%
Interest coverage
-23.85
Debt
€19,113
Debt ≤ 1 year
€4,057
Debt > 1 year
€15,057
Annual accounts
Filed annual accounts As filed with the NBB · 2022 · 34 lines
Balance sheet Code2022
Assets
Total assets20/58€9,178
Fixed assets21/28€4,911
Tangible fixed assets22/27€4,911
Plant, machinery and equipment23€4,911
Current assets29/58€4,267
Amounts receivable within one year40/41€373
Other amounts receivable41€373
Cash at bank and in hand54/58€3,894
Equity and liabilities
Total equity and liabilities10/49€9,178
Equity10/15-€9,935
Profit (loss) carried forward14-€9,935
Amounts payable17/49€19,113
Amounts payable after more than one year17€15,057
Financial debts170/4€15,057
Amounts payable within one year42/48€4,057
Trade debts44€2,593
Suppliers440/4€2,593
Taxes, remuneration and social security45€1,464
Taxes450/3€1,464
Income statement Code2022
Turnover70€35,940
Goods, raw materials, services and sundry goods60/61€41,561
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€640
Other operating charges640/8€322
Gross operating margin9900-€5,621
Operating profit (loss)9901-€6,582
Financial income75/76B€21
Recurring financial income75€21
Financial charges65/66B€249
Recurring financial charges65€249
Profit (loss) for the period before taxes9903-€6,810
Profit (loss) for the period9904-€6,810
Profit (loss) for the period to be appropriated9905-€6,810
Appropriation of the result
Profit (loss) to be appropriated9906-€9,935
Profit (loss) brought forward from the previous period14P-€3,125

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2022
Turnover70€35,940
Goods, raw materials, services and sundry goods60/61€41,561
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€640
Other operating charges640/8€322
Gross operating margin9900-€5,621
Operating profit (loss)9901-€6,582
Financial income75/76B€21
Recurring financial income75€21
Financial charges65/66B€249
Recurring financial charges65€249
Profit (loss) for the period before taxes9903-€6,810
Profit (loss) for the period9904-€6,810
Profit (loss) for the period to be appropriated9905-€6,810
Line2022
Assets
Total assets20/58€9,178
Fixed assets21/28€4,911
Tangible fixed assets22/27€4,911
Plant, machinery and equipment23€4,911
Current assets29/58€4,267
Amounts receivable within one year40/41€373
Other amounts receivable41€373
Cash at bank and in hand54/58€3,894
Equity and liabilities
Total equity and liabilities10/49€9,178
Equity10/15-€9,935
Profit (loss) carried forward14-€9,935
Amounts payable17/49€19,113
Amounts payable after more than one year17€15,057
Financial debts170/4€15,057
Amounts payable within one year42/48€4,057
Trade debts44€2,593
Suppliers440/4€2,593
Taxes, remuneration and social security45€1,464
Taxes450/3€1,464
Line2022
Profit (loss) for the period9904-€6,810
+ Depreciation and write-downs630€640
Operating cash flow (approximation)-€6,170

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2023
22-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 53 days late
NBB filing

Directors · office · real estate

Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Andenne · 1 establishment unit since 2019
seat establishment The establishment unit on the map
Ground area
198 m²
Building footprint
90 m²
Parcel 92402G0210/00H000, Wallonia. Linked by address, not a title deed.
1 establishment unit
COIFF MAGIC
Rue Brun 34, 5300 AndenneRetail trade
since 20192.289.551.673
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
92402G0210/00H000 Wallonia 198 m² 1 · 90 m² -
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.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 21,733 companies in sector 96210 we hold annual accounts for 2,836. See the whole sector

Identification & contact

Identification
Legal formGeneral partnership
Founded11-02-2019
Fiscal year end31-12
Activities, NACEBEL 2025
96210Hairdressing and barber services
Contact
Phone +32493581785
E-mail mr.arbaoui@hotmail.comAndenne
E-invoicing
Reachable via Peppol
Peppol ID 0208:0720572418
Also 9925:BE0720572418
Registered 04-04-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.