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DOHA IZAC

Active
Private limited companyfounded 20215 yrs activeTervuursevest 5, 3001 Leuven, BelgiumKBO/BCE: BE 0771.768.523
Summary

The computed 12-month bankruptcy probability of DOHA IZAC is 3.8% (moderate). The 2024 annual accounts show negative equity (-€23,916) and a net result of -€10,327. Equity is shrinking by ~77% per year across the filed fiscal years. The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability0=
Solvency0=
Growth38▼-20
Track record94
Bankruptcy probability, 12 months
3.8% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
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Signals

Three signals. The signal on the left, the evidence on the right.
+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 2024
Age of the figures
Age of the figures
21 mo
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 5 years 0 10 y
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-06-2026, 42 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
42 d early
2024
1 d early
2023
25 d late
2022
26 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 2 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 48% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 13 August (3 of the last 4 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
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 27 July 2021, DOHA IZAC was incorporated as a Private limited company.1 Revenue went from EUR 16,389 in 2022 to EUR 1,384 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022 and 2024

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Financials · fiscal year 2024, micro schema

Turnover
€1,384▼ 91.6%
2022 · €16,389
EBIT margin
-738.7%▼ 629.1pp
2022 · -109.6%
Net result
-€10,327▲ 2.5%
2023 · -€10,592
Working capital
-€25,661▼ 64.5%
2023 · -€15,595
Trend over the years
In euros
In per cent
In euros
No line ticked in this group.
In per cent
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 96, Personal service activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital.

Every figure with its change against the fiscal year before
favourable unfavourable
Line202220232024
Turnover€16,389-€1,384
Operating result-€17,965--€10,417▲ 42.0%-€10,224▲ 1.9%
Net result-€17,997below the sector's middle half--€10,592below the sector's middle half▲ 41.1%-€10,327below the sector's middle half▲ 2.5%
EBIT margin-109.6%--738.7%
Equity-€2,997within the sector's middle half--€13,588below the sector's middle half▼ 353%-€23,916below the sector's middle half▼ 76.0%
Total assets€20,111below the sector's middle half-€3,681below the sector's middle half▼ 81.7%€1,833below the sector's middle half▼ 50.2%
Debt€23,107-€17,269▼ 25.3%€25,748▲ 49.1%
Working capital-€5,265within the sector's middle half--€15,595within the sector's middle half▼ 196%-€25,661below the sector's middle half▼ 64.5%
Solvency-14.9%within the sector's middle half-
Current ratio0.77within the sector's middle half-
Return on assets (ROA)-89.5%below the sector's middle half-
above within below the middle half (P25 to P75) of NACE 96, Personal service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000-€15,000-€10,000-€5,000€0Operating result 2022: -€17,965-€17,965Net result 2022: -€17,997-€17,997Operating result 2023: -€10,417-€10,417Net result 2023: -€10,592-€10,592Operating result 2024: -€10,224-€10,224Net result 2024: -€10,327-€10,327202220232024-€20,000-€15,000-€10,000-€5,000€0Operating result 2022: -€17,965-€18,000Net result 2022: -€17,997-€18,000Operating result 2023: -€10,417-€10,400Net result 2023: -€10,592-€10,600Operating result 2024: -€10,224-€10,200Net result 2024: -€10,327-€10,300202220232024
The operating result stays negative: a loss of €10,224 in 2024 against €10,417 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1,833
Fixed assets €1,745 ▼ 13.0%
Current assets €88 ▼ 94.8%
Key figures and ratios
2024 value · change against 2023
EBITDA
-€9,962▲
2023 · -€10,155
Cash flow
-€10,065▲
2023 · -€10,330
Interest coverage
-96.18▼
2023 · -58.17
Debt ≤ 1 year
€25,748▲
2023 · €17,269
Staff costs
€1,692
Ratios withheld: a balance sheet total of €1,833 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,010 companies that looked in July 2024 the way this one looks now, 7.9% went bankrupt within 24 months and 83% are still going.

  • Micro
  • 5 to 10 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
7.9% went bankrupt
8.4% stopped otherwise
83% still going

A further 0.8% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 3.8% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 6,010 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 34 lines
Balance sheet Code20232024
Assets
Total assets20/58€3,681€1,833▼
Fixed assets21/28€2,007€1,745▼
Tangible fixed assets22/27€2,007€1,745▼
Furniture and vehicles24€2,007€1,745▼
Current assets29/58€1,674€88▼
Amounts receivable within one year40/41€1,552-
Trade receivables40€1,549-
Other amounts receivable41€3-
Cash at bank and in hand54/58€121€88▼
Equity and liabilities
Total equity and liabilities10/49€3,681€1,833▼
Equity10/15-€13,588-€23,916▼
Contributions10/11€15,000€15,000=
Profit (loss) carried forward14-€28,588-€38,916▼
Amounts payable17/49€17,269€25,748▲
Amounts payable within one year42/48€17,269€25,748▲
Trade debts44€105€268▲
Suppliers440/4€105€268▲
Taxes, remuneration and social security45€2,561€1,347▼
Taxes450/3€2,561-
Remuneration and social security454/9-€1,347
Other amounts payable47/48€14,603€24,133▲
Income statement Code20232024
Turnover70-€1,384
Goods, raw materials, services and sundry goods60/61-€9,797
Remuneration, social security and pensions62-€1,692
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€262€262=
Gross operating margin9900-€10,155-€8,269▲
Operating profit (loss)9901-€10,417-€10,224▲
Financial charges65/66B€175€104▼
Recurring financial charges65€175€104▼
Profit (loss) for the period before taxes9903-€10,592-€10,327▲
Profit (loss) for the period9904-€10,592-€10,327▲
Profit (loss) for the period to be appropriated9905-€10,592-€10,327▲
Appropriation of the result
Profit (loss) to be appropriated9906-€28,588-€38,916▼
Profit (loss) brought forward from the previous period14P-€17,997-€28,588▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202220232024Change
Turnover70€16,389-€1,384-
Goods, raw materials, services and sundry goods60/61€33,139-€9,797-
Remuneration, social security and pensions62€190-€1,692-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,025€262€262=
Gross operating margin9900-€16,750-€10,155-€8,269▲ 18.6%
Operating profit (loss)9901-€17,965-€10,417-€10,224▲ 1.9%
Financial charges65/66B€31€175€104▼ 40.7%
Recurring financial charges65€31€175€104▼ 40.7%
Profit (loss) for the period before taxes9903-€17,997-€10,592-€10,327▲ 2.5%
Profit (loss) for the period9904-€17,997-€10,592-€10,327▲ 2.5%
Profit (loss) for the period to be appropriated9905-€17,997-€10,592-€10,327▲ 2.5%
Line202220232024Change
Assets
Total assets20/58€20,111€3,681€1,833▼ 50.2%
Fixed assets21/28€2,269€2,007€1,745▼ 13.0%
Tangible fixed assets22/27€2,269€2,007€1,745▼ 13.0%
Furniture and vehicles24€2,269€2,007€1,745▼ 13.0%
Current assets29/58€17,842€1,674€88▼ 94.8%
Amounts receivable within one year40/41€16,952€1,552--
Trade receivables40€16,389€1,549--
Other amounts receivable41€563€3--
Cash at bank and in hand54/58€890€121€88▼ 27.9%
Equity and liabilities
Total equity and liabilities10/49€20,111€3,681€1,833▼ 50.2%
Equity10/15-€2,997-€13,588-€23,916▼ 76.0%
Contributions10/11€15,000€15,000€15,000=
Profit (loss) carried forward14-€17,997-€28,588-€38,916▼ 36.1%
Amounts payable17/49€23,107€17,269€25,748▲ 49.1%
Amounts payable within one year42/48€23,107€17,269€25,748▲ 49.1%
Trade debts44€23,107€105€268▲ 154%
Suppliers440/4€23,107€105€268▲ 154%
Taxes, remuneration and social security45-€2,561€1,347▼ 47.4%
Taxes450/3-€2,561--
Remuneration and social security454/9--€1,347-
Other amounts payable47/48-€14,603€24,133▲ 65.3%
Line202220232024Change
Profit (loss) for the period9904-€17,997-€10,592-€10,327▲ 2.5%
+ Depreciation and write-downs630€1,025€262€262=
Operating cash flow (approximation)-€16,971-€10,330-€10,065▲ 2.6%
Investment in fixed assets (approximation)-€0€0-
Change in cash--€769-€34▲ 95.6%

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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
19-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
25-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 25 days late
2023
26-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 26 days late
NBB filing
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 acts for this company are 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, Leuven · 1 establishment unit since 2021
seat establishment The establishment unit on the map
Ground area
3,723 m²
Building footprint
295 m²
Volume, LiDAR
7,158 m³
Parcel 24432D0161/00P000, Flanders · tallest building 26.7 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
Style up
Tervuursevest 5, 3001 LeuvenHairdressing
since 20212.320.074.407
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24432D0161/00P000 Flanders 3,722 m² 1 · 295 m² 26.7 m · 8 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.

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 21,732 companies in sector 96210 we hold annual accounts for 2,835. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded27-07-2021
Fiscal year end31-12
Activities, NACEBEL 2025
96210Hairdressing and barber services
E-invoicing
Not found in the Peppol register

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Register as of 30 September 2026 · Peppol Directory

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