Deville Coiffure
ActiveFinancials · financial year 2025, full format
Annual accounts 2025 filed on 15-07-2026 at the NBB all 31 filings
Turnover
≈ €290,000
Estimated: probably between €270,000 and €470,000
EBIT margin
Not included in this filing
Net result
€19,701▲ 109%
2024 · €9,407
Working capital
€303,130▲ 8.6%
2024 · €279,208
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
€32,596
▲ 14.4%
2025
20182025
Net result
€19,701
▲ 109%
2025
middle half of the sector
20182025
Equity
€259,790
▲ 8.2%
2025
middle half of the sector
20182025
Total assets
€371,194
▲ 4.9%
2025
middle half of the sector
20182025
Debt
€55,338
▼ 4.3%
2025
20182025
Working capital
€303,130
▲ 8.6%
2025
middle half of the sector
20182025
Solvency
70.0%
▲ 2.2pp
2025
highest quarter of the sector
20182025
Current ratio
6.48
▲ 0.65
2025
highest quarter of the sector
20182025
Return on assets (ROA)
5.3%
▲ 2.6pp
2025
middle half of the sector
20182025
Staff (FTE)
no figure
2025
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€10,731-€9,101▼ 15.2%-€3,403€24,637€39,625▲ 60.8%€15,545▼ 60.8%€28,502▲ 83.3%€32,596▲ 14.4%
Net result€9,714--€14,457-€22,798below the sector's middle half▼ 57.7%€11,085within the sector's middle half€37,946within the sector's middle half▲ 242%€9,146within the sector's middle half▼ 75.9%€9,407within the sector's middle half▲ 2.9%€19,701within the sector's middle half▲ 109%
Equity€233,760-€219,303▼ 6.2%€181,505within the sector's middle half▼ 17.2%€192,589within the sector's middle half▲ 6.1%€230,536within the sector's middle half▲ 19.7%€239,682within the sector's middle half▲ 4.0%€240,089within the sector's middle half▲ 0.2%€259,790within the sector's middle half▲ 8.2%
Total assets€337,172-€312,741▼ 7.2%€278,321within the sector's middle half▼ 11.0%€297,924within the sector's middle half▲ 7.0%€352,609within the sector's middle half▲ 18.4%€346,642within the sector's middle half▼ 1.7%€353,963within the sector's middle half▲ 2.1%€371,194within the sector's middle half▲ 4.9%
Debt€47,346-€37,373▼ 21.1%€40,750▲ 9.0%€49,269▲ 20.9%€66,008▲ 34.0%€50,894▼ 22.9%€57,808▲ 13.6%€55,338▼ 4.3%
Working capital€269,240-€257,241▼ 4.5%€216,009above the sector's middle half▼ 16.0%€226,818above the sector's middle half▲ 5.0%€266,600above the sector's middle half▲ 17.5%€274,454above the sector's middle half▲ 2.9%€279,208above the sector's middle half▲ 1.7%€303,130within the sector's middle half▲ 8.6%
Solvency69.3%-70.1%▲ 0.8pp65.2%above the sector's middle half▼ 4.9pp64.6%above the sector's middle half▼ 0.6pp65.4%above the sector's middle half▲ 0.7pp69.1%above the sector's middle half▲ 3.8pp67.8%above the sector's middle half▼ 1.3pp70.0%above the sector's middle half▲ 2.2pp
Current ratio6.69-7.88▲ 1.206.78above the sector's middle half▼ 1.105.60above the sector's middle half▼ 1.185.50above the sector's middle half▼ 0.106.39above the sector's middle half▲ 0.895.83above the sector's middle half▼ 0.566.48above the sector's middle half▲ 0.65
Return on assets (ROA)2.9%--4.6%▼ 7.5pp-8.2%below the sector's middle half▼ 3.6pp3.7%within the sector's middle half▲ 11.9pp10.8%above the sector's middle half▲ 7.0pp2.6%within the sector's middle half▼ 8.1pp2.7%within the sector's middle half=5.3%within the sector's middle half▲ 2.6pp
Staff (FTE)5.4-5.6▲ 3.7%5.1within the sector's middle half▼ 8.9%4.8within the sector's middle half▼ 5.9%5.4within the sector's middle half▲ 12.5%5.2within the sector's middle half▼ 3.7%4.1within the sector's middle half▼ 21.2%
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.
The operating result for 2025 is 14% higher than in 2024. It is the second rise in a row, after the fall in 2023.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €371,194
Fixed assets
€12,726 ▼ 24.9%
Current assets
€358,468 ▲ 6.4%
Equity and liabilities €371,194
Equity
€259,790 ▲ 8.2%
Provisions
€56,066 =
Debt
€55,338 ▼ 4.3%
Debt's share of the balance-sheet total falls from 16.3% to 14.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€36,817▲
2024 · €34,548
Cash flow
€23,922▲
2024 · €15,454
Quick ratio
6.17▲
2024 · 5.54
Debt to equity
0.21▼
2024 · 0.24
ROE
7.6%▲
2024 · 3.9%
Interest coverage
8.96▼
2024 · 28.99
Debt ≤ 1 year
€55,338▼
2024 · €57,808
Income taxes
€9,014▼
2024 · €18,391
Staff costs
€216,794▲
2024 · €197,574
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 |
|---|---|---|---|---|
| Employees at the balance-sheet date | - | 6 | 25 | - |
| full-time | - | 2 | 20 | - |
| part-time | - | 4 | 5 | - |
| in full-time equivalents | - | 5.2 | 5.2 | - |
| Average over the year, in full-time equivalents | 4.8 | 5.4 | 5.2 | 4.1 |
| On a permanent contract | 5 | 5 | 4 | 4 |
| Joined | 4 | 8 | 6 | 6 |
| Left | 3 | 9 | 5 | 8 |
| Training hours | 190 | - | - | - |
Source: social balance sheet in the 2021 to 2024 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €13,080 | - | €2,222 | - |
| Depreciation and write-downs of the year | €3,104 | €5,491 | €5,491 | €6,047 | €4,222 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €120,203 | €183,068 | €200,219 | €197,574 | €216,794 | ▲ 9.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,458 | €2,458 | €3,104 | €3,104 | €5,491 | €5,491 | €6,047 | €4,222 | ▼ 30.2% |
| Other operating charges640/8 | - | - | - | €1,283 | €968 | €1,472 | €1,946 | €858 | ▼ 55.9% |
| Gross operating margin9900 | €190,056 | €197,875 | €124,453 | €149,228 | €229,152 | €222,727 | €234,069 | €254,469 | ▲ 8.7% |
| Operating profit (loss)9901 | €10,731 | €9,101 | -€3,403 | €24,637 | €39,625 | €15,545 | €28,502 | €32,596 | ▲ 14.4% |
| Financial income75/76B | - | - | - | €1 | - | €11 | €489 | €228 | ▼ 53.4% |
| Recurring financial income75 | €282 | €13 | €0 | €1 | - | €11 | €489 | €228 | ▼ 53.4% |
| Financial charges65/66B | - | - | - | €2,248 | €2,815 | €1,550 | €1,192 | €4,109 | ▲ 245% |
| Recurring financial charges65 | €1,297 | €23,567 | €2,518 | €2,248 | €2,815 | €1,550 | €1,192 | €4,109 | ▲ 245% |
| Profit (loss) for the period before taxes9903 | €9,717 | -€14,453 | -€5,921 | €22,390 | €36,811 | €14,006 | €27,799 | €28,714 | ▲ 3.3% |
| Income taxes67/77 | €3 | €4 | €16,877 | €11,305 | -€1,135 | €4,860 | €18,391 | €9,014 | ▼ 51.0% |
| Profit (loss) for the period9904 | €9,714 | -€14,457 | -€22,798 | €11,085 | €37,946 | €9,146 | €9,407 | €19,701 | ▲ 109% |
| Profit (loss) for the period to be appropriated9905 | €9,714 | -€14,457 | -€22,798 | €11,085 | €37,946 | €9,146 | €9,407 | €19,701 | ▲ 109% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €337,172 | €312,741 | €278,321 | €297,924 | €352,609 | €346,642 | €353,963 | €371,194 | ▲ 4.9% |
| Fixed assets21/28 | €20,586 | €18,127 | €24,942 | €21,838 | €26,785 | €21,293 | €16,947 | €12,726 | ▼ 24.9% |
| Tangible fixed assets22/27 | €14,467 | €12,009 | €18,823 | €15,719 | €23,308 | €17,817 | €13,992 | €9,770 | ▼ 30.2% |
| Furniture and vehicles24 | - | - | - | €0 | €0 | €0 | €1,667 | €1,111 | ▼ 33.3% |
| Other tangible fixed assets26 | - | - | - | €15,719 | €23,308 | €17,817 | €12,325 | €8,659 | ▼ 29.7% |
| Financial fixed assets28 | €6,119 | €6,119 | €6,119 | €6,119 | €3,477 | €3,477 | €2,955 | €2,955 | = |
| Current assets29/58 | €316,586 | €294,614 | €253,379 | €276,086 | €325,825 | €325,348 | €337,015 | €358,468 | ▲ 6.4% |
| Stocks and contracts in progress3 | €15,151 | €15,399 | €15,651 | €16,008 | €16,178 | €16,353 | €16,623 | €16,836 | ▲ 1.3% |
| Stocks30/36 | - | - | - | €16,008 | €16,178 | €16,353 | €16,623 | €16,836 | ▲ 1.3% |
| Amounts receivable within one year40/41 | €204,848 | €186,528 | €103,092 | €103,515 | €122,653 | €131,244 | €141,388 | €148,098 | ▲ 4.7% |
| Trade receivables40 | - | - | - | €17,673 | €18,393 | €21,249 | €22,220 | €21,066 | ▼ 5.2% |
| Other amounts receivable41 | - | - | - | €85,842 | €104,259 | €109,995 | €119,167 | €127,032 | ▲ 6.6% |
| Cash at bank and in hand54/58 | €95,845 | €91,945 | €73,894 | €95,822 | €126,252 | €117,009 | €118,262 | €132,793 | ▲ 12.3% |
| Deferred charges and accrued income490/1 | - | - | - | €60,742 | €60,742 | €60,742 | €60,742 | €60,742 | = |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €337,172 | €312,741 | €278,321 | €297,924 | €352,609 | €346,642 | €353,963 | €371,194 | ▲ 4.9% |
| Equity10/15 | €233,760 | €219,303 | €181,505 | €192,589 | €230,536 | €239,682 | €240,089 | €259,790 | ▲ 8.2% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Capital10 | - | - | - | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Issued capital100 | - | - | - | €24,789 | €24,789 | €24,789 | €24,789 | €24,789 | = |
| Uncalled capital101 | - | - | - | €6,197 | €6,197 | €6,197 | €6,197 | €6,197 | = |
| Reserves13 | €189,496 | €189,496 | €189,496 | €189,496 | €189,496 | €189,496 | €189,496 | €209,196 | ▲ 10.4% |
| Non-distributable reserves130/1 | - | - | - | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Legal reserve130 | - | - | - | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Tax-exempt reserves132 | - | - | - | €108,834 | €108,834 | €108,834 | €108,834 | €108,834 | = |
| Distributable reserves133 | - | - | - | €78,803 | €78,803 | €78,803 | €78,803 | €98,503 | ▲ 25.0% |
| Profit (loss) carried forward14 | €25,672 | €11,215 | -€26,583 | -€15,498 | €22,448 | €31,594 | €32,001 | €32,001 | = |
| Provisions and deferred taxes16 | €56,066 | €56,066 | €56,066 | €56,066 | €56,066 | €56,066 | €56,066 | €56,066 | = |
| Deferred taxes168 | - | - | - | €56,066 | €56,066 | €56,066 | €56,066 | €56,066 | = |
| Amounts payable17/49 | €47,346 | €37,373 | €40,750 | €49,269 | €66,008 | €50,894 | €57,808 | €55,338 | ▼ 4.3% |
| Amounts payable after more than one year17 | - | - | €3,380 | - | €6,783 | - | - | - | - |
| Financial debts170/4 | - | - | - | - | €6,783 | - | - | - | - |
| Amounts payable within one year42/48 | €47,346 | €37,373 | €37,370 | €49,269 | €59,224 | €50,894 | €57,808 | €55,338 | ▼ 4.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | €6,978 | €11,786 | €10,650 | €3,674 | €3,867 | ▲ 5.2% |
| Trade debts44 | €9,722 | €10,110 | €6,381 | €16,521 | €13,535 | €6,482 | €11,768 | €15,803 | ▲ 34.3% |
| Suppliers440/4 | - | - | - | €16,521 | €13,535 | €6,482 | €11,768 | €15,803 | ▲ 34.3% |
| Taxes, remuneration and social security45 | - | - | - | €25,769 | €33,903 | €32,683 | €33,365 | €35,668 | ▲ 6.9% |
| Taxes450/3 | - | - | - | €16,482 | €19,483 | €20,642 | €21,801 | €22,938 | ▲ 5.2% |
| Remuneration and social security454/9 | - | - | - | €9,287 | €14,421 | €12,040 | €11,564 | €12,730 | ▲ 10.1% |
| Other amounts payable47/48 | - | - | - | - | - | €1,079 | €9,000 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9,714 | -€14,457 | -€22,798 | €11,085 | €37,946 | €9,146 | €9,407 | €19,701 | ▲ 109% |
| + Depreciation and write-downs630 | €2,458 | €2,458 | €3,104 | €3,104 | €5,491 | €5,491 | €6,047 | €4,222 | ▼ 30.2% |
| Operating cash flow (approximation) | €12,172 | -€11,999 | -€19,694 | €14,189 | €43,437 | €14,637 | €15,454 | €23,922 | ▲ 54.8% |
| Investment in fixed assets (approximation) | - | €0 | -€9,919 | -€0 | -€10,438 | €0 | -€1,701 | €0 | - |
| Change in cash | - | -€3,901 | -€18,051 | €21,928 | €30,430 | -€9,243 | €1,253 | €14,531 | ▲ 12× |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 31,368 companies had the same profile as Deville Coiffure has now. Two years later, 93.5% were still going and 0.5% had gone bankrupt.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
93.5%
was still going
5.9%
stopped otherwise
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Deville Coiffure itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 31,368 companies, not a prediction for Deville Coiffure. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 31 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 15-07-2026 | 2026-00301784 | |
| 31-12-2024 | full format | 29-08-2025 | 2025-00480342 | |
| 31-12-2023 | full format | 21-08-2024 | 2024-00356478 | |
| 31-12-2022 | full format | 27-10-2023 | 2023-00506620 | |
| 31-12-2021 | full format | 30-08-2022 | 2022-20349829 | |
| 31-12-2020 | full format | 31-08-2021 | 2021-60800220 | |
| 31-12-2019 | full format | 02-12-2020 | 2020-74200301 | |
| 31-12-2018 | full format | 04-12-2019 | 2019-75400026 | |
| 31-12-2017 | full format | 03-01-2019 | 2019-00200427 | |
| 31-12-2016 | full format | 04-03-2019 | 2019-06400238 |