Desanco
ActiveDesanco has been active since 1979 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €212k and a net result of €-19k. Equity remains stable across the filed fiscal years (±1.8% per year). Its solvency ranks better than 77% of 6162 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
73
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability36▼-44
Solvency86▲+2
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 1.68 against 1.89 in 2023; short-term debt: 20.7% and cash: 27% of total assets), and 38.8% of the assets are financed with debt.
Credit advice 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
61.2%
Return on assets
-5.6%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-06-2025, 41 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
41 d early
2023
47 d early
2022
48 d early
2021
51 d early
2020
31 d late
2019
70 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€212k▼ 8.4%
2023 · €231k
2018: €242k
2019: €237k
2020: €213k
2021: €209k
2022: €225k
2023: €231k
2018 → 2024
Total assets
€346k▼ 11.2%
2023 · €390k
2018: €447k
2019: €428k
2020: €386k
2021: €382k
2022: €379k
2023: €390k
2018 → 2024
Net result
€-19k
2023 · €34k
2018: €8k
2019: €-5k
2020: €-24k
2021: €-4k
2022: €17k
2023: €34k
2018 → 2024
Working capital
€49k▼ 27.3%
2023 · €67k
2018: €140k
2019: €101k
2020: €86k
2021: €95k
2022: €103k
2023: €67k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€213k-€209k▼ 2.0%€225k▲ 8.0%€231k▲ 2.6%€212k▼ 8.4%
Operating result€-22k-€-5k▲ 77.8%€19k€46k▲ 145%€-17k
Net result€-24k-€-4k▲ 82.4%€17k€34k▲ 102%€-19k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €17k after €46k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €346k
Fixed assets
€226k▼ 8.8%
Current assets
€120k▼ 15.3%
Equity and liabilities €346k
Equity
€212k▼ 8.4%
Debt
€135k▼ 15.2%
The debt ratio falls from 40.7% to 38.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€7k▼
2023 · €71k
Cash flow
€4k▼
2023 · €59k
Solvency
61.2%▲
2023 · 59.3%
Current ratio
1.68▼
2023 · 1.89
Quick ratio
1.39▼
2023 · 1.45
Debt / equity
0.63▼
2023 · 0.69
ROE
-9.2%▼
2023 · 14.6%
ROA
-5.6%▼
2023 · 8.7%
Interest coverage
2.96▼
2023 · 15.68
Debt
€135k▼
2023 · €159k
Debt ≤ 1 year
€72k▼
2023 · €75k
Debt > 1 year
€63k▼
2023 · €84k
Income taxes
€214▼
2023 · €8k
Staff costs
€145k▲
2023 · €112k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€390k€346k▼
Fixed assets21/28€248k€226k▼
Tangible fixed assets22/27€241k€219k▼
Plant, machinery and equipment23€4k€4k▼
Furniture and vehicles24€11k€7k▼
Other tangible fixed assets26€226k€209k▼
Financial fixed assets28€7k€7k=
Current assets29/58€142k€120k▼
Amounts receivable after more than one year29€22k-
Other amounts receivable291€22k-
Stocks and contracts in progress3€33k€21k▼
Stocks30/36€33k€21k▼
Amounts receivable within one year40/41€276€5k▲
Trade receivables40€276-
Other amounts receivable41-€5k
Cash at bank and in hand54/58€84k€94k▲
Deferred charges and accrued income490/1€2k€715▼
Equity and liabilities
Total equity and liabilities10/49€390k€346k▼
Equity10/15€231k€212k▼
Contributions10/11€9k€9k=
Reserves13€222k€203k▼
Tax-exempt reserves132€13k€13k=
Distributable reserves133€209k€190k▼
Amounts payable17/49€159k€135k▼
Amounts payable after more than one year17€84k€63k▼
Financial debts170/4€84k€63k▼
Amounts payable within one year42/48€75k€72k▼
Current portion of amounts payable after more than one year42€20k€21k▲
Trade debts44€863€28k▲
Suppliers440/4€863€28k▲
Taxes, remuneration and social security45€24k€21k▼
Taxes450/3€12k€6k▼
Remuneration and social security454/9€11k€15k▲
Other amounts payable47/48€30k€2k▼
Income statement
Code20232024
Remuneration, social security and pensions62€112k€145k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€24k▼
Other operating charges640/8€3k€4k▲
Non-recurring operating charges66A€696€2k▲
Gross operating margin9900€187k€158k▼
Operating profit (loss)9901€46k€-17k▼
Financial charges65/66B€5k€2k▼
Recurring financial charges65€5k€2k▼
Profit (loss) for the period before taxes9903€42k€-19k▼
Income taxes67/77€8k€214▼
Profit (loss) for the period9904€34k€-19k▼
Profit (loss) for the period to be appropriated9905€34k€-19k▼
Appropriation of the result
Profit (loss) to be appropriated9906€34k€-19k▼
Transfer from equity791/2€18k€19k▲
Transfer to equity691/2€32k-
To other reserves6921€32k-
Profit to be distributed694/7€20k-
Return on contributions (dividend)694€20k-
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
14-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €34k ▲102%
Operating result €46k, net result €34k, both a record.
13-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €17k
Net result €17k after 3 loss-making years.
10-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €-24k
Net result drops to €-24k, the lowest in the series; recovery starts the following year.
09-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 70 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Hasselt · 1 establishment unit since 1981
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.
Sint-Truidersteenweg 1303500 HasseltGround area
784 m²
Building footprint
165 m²
Volume, LiDAR
2,195 m³
Parcel 71325F0499/00G002, Flanders · tallest building 17.1 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Sint-Truidersteenweg 130, 3500 Hasselt
since 19812.016.310.492
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71325F0499/00G002 | Flanders | 784 m² | 1 · 165 m² | 17.1 m · 5 fl. |
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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 360 EUR awarded · 360 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 360 EUR | 360 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 21,750 companies in sector 96210 we hold annual accounts for 2,832. 1,308 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-05-1979
Fiscal year end31-12
Activities, NACEBEL
93021
96021Hairdressing
96210Hairdressing and barber services
Sources
Crossroads Bank for EnterprisesNational Bank · 46 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.modshair.be
E-mail:info@modshair.be