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ESTOULA BEAUTY

Open bankruptcy
Private limited company (pre-2019)founded 2017KBO/BCE: BE 0680.618.910

A bankruptcy procedure is open for ESTOULA BEAUTY according to publications in the Belgian State Gazette; curator: EMMANUELLE BOUILLON.

Summary

The file additionally contains 1 administrative flag. The 2023 annual accounts show equity of €1k and a net result of €-27k.

Signals

Four signals. The signal on the left, the evidence on the right.
+raises riskneutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 28-08-2024, 28 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 · 6 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
28 d late
2022
1 d early
2021
6 d early
2020
17 d early
2019
91 d late
← before the deadline after the deadline →
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck

Financials · fiscal year 2023, abbreviated schema

Equity
€1k▼ 96.4%
2022 · €28k
2018: €-19k 2019: €16k 2020: €31k 2021: €25k 2022: €28k
2018 → 2023
Total assets
€56k▲ 78.6%
2022 · €31k
2018: €52k 2019: €29k 2020: €31k 2021: €30k 2022: €31k
2018 → 2023
Net result
€-27k
2022 · €3k
2018: €-26k 2019: €-3k 2020: €4k 2021: €-6k 2022: €3k
2018 → 2023
Working capital
€1k▼ 96.4%
2022 · €28k
2018: €-19k 2019: €16k 2020: €31k 2021: €25k 2022: €28k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20192020202120222023Trend
Equity€16k-€31k▲ 87.3%€25k▼ 18.0%€28k▲ 12.2%€1k▼ 96.4%
Operating result€-3k-€4k€-6k€3k€-24k
Net result€-3k-€4k€-6k€3k€-27k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-30k€-20k€-10k€0Operating result 2019: €-3k€-3kNet result 2019: €-3k€-3kOperating result 2020: €4k€4kNet result 2020: €4k€4kOperating result 2021: €-6k€-6kNet result 2021: €-6k€-6kOperating result 2022: €3k€3kNet result 2022: €3k€3kOperating result 2023: €-24k€-24kNet result 2023: €-27k€-27k20192020202120222023€-30k€-20k€-10k€0Operating result 2021: €-6k€-5.5kNet result 2021: €-6k€-5.5kOperating result 2022: €3k€3.1kNet result 2022: €3k€3.1kOperating result 2023: €-24k€-24kNet result 2023: €-27k€-27k202120222023
The operating result turns negative in 2023: a loss of €24k after €3k in 2022, the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Equity and liabilities €56k
Equity €1k ▼ 96.4%
Debt €55k ▲ 1,771%
Debt's share of the balance-sheet total rises from 9.4% to 98.2%. Equity is lower and debt is higher.
Key figures and ratios
2023 value · change against 2022
Current ratio
1.02
2022 · 10.67
Quick ratio
0.05
2022 · 4.08
Debt to equity
53.91
2022 · 0.10
ROA
-48.9%
2022 · 9.8%
Debt ≤ 1 year
€55k
2022 · €3k
Income taxes
€3k
A ratio outside any meaningful range has been withheld (balance sheet total €56k, equity €1k).
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 · 2023 against 2022 · 32 lines
Balance sheet Code20222023
Assets
Total assets20/58€31k€56k
Current assets29/58€31k€56k
Stocks and contracts in progress3€19k€53k
Stocks30/36€19k€53k
Amounts receivable within one year40/41€6k-
Other amounts receivable41€6k-
Cash at bank and in hand54/58€6k€3k
Equity and liabilities
Total equity and liabilities10/49€31k€56k
Equity10/15€28k€1k
Contributions10/11€55k€55k=
Capital10€55k€55k=
Issued capital100€67k€67k=
Uncalled capital101€12k€12k=
Profit (loss) carried forward14€-27k€-54k
Amounts payable17/49€3k€55k
Amounts payable within one year42/48€3k€55k
Trade debts44€3k€5k
Suppliers440/4€3k€5k
Taxes, remuneration and social security45-€31k
Taxes450/3-€31k
Other amounts payable47/48-€18k
Income statement Code20222023
Other operating charges640/8€19€28k
Gross operating margin9900€3k€4k
Operating profit (loss)9901€3k€-24k
Financial charges65/66B-€164
Recurring financial charges65-€164
Profit (loss) for the period before taxes9903€3k€-24k
Income taxes67/77-€3k
Profit (loss) for the period9904€3k€-27k
Profit (loss) for the period to be appropriated9905€3k€-27k
Appropriation of the result
Profit (loss) to be appropriated9906€-27k€-54k
Profit (loss) brought forward from the previous period14P€-30k€-27k

Download as CSV

Timeline · acts, filings and financial milestones

2025
04-09
Bankruptcy Opening
Tribunal de l’entreprise francophone de Bruxelles · SPRL ESTOULA BEAUTY CHAUSSEE DE WAVRE 7, 1050 IXELLES · event 29-08-2025
11-07
KBO administration Address struck
2024
02-10
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 28 days late
28-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial Weakest financial yearnet €-27k ▼988%
Net result drops to €-27k, the lowest in the series.
30-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Back to profitnet €3k
Net result €3k after one loss-making year.
25-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
14-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Back to profitnet €4k
Net result €4k after 2 loss-making years.
31-12
Financial Liquidity times 25current ratio 56.81
Current ratio from 2.31 to 56.81; short-term debt falls from €13k to €550.
30-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
31-12
Financial Liquidity triplescurrent ratio 2.31
Current ratio from 0.73 to 2.31; short-term debt falls from €71k to €13k.
29-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
6 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
1 establishment unit since 2017
establishment The establishment unit on the map
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.

Ground area
1,627 m²
Building footprint
1,475 m²
Volume, LiDAR
14,242 m³
2 parcels, Brussels · tallest building 22.1 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Estoula Beauty
Waverse Steenweg 21, 1050 ElseneRetail sale of cosmetics and toilet articles
since 20172.274.907.742
2 parcels
Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21009A0740/00M000 Brussels 1,562 m² 1 · 1,411 m² 22.1 m · 2 fl.
21009A0761/00B000 Brussels 65 m² 1 · 65 m² 20.4 m · 6 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

1 mandate
Role Name Tenure
Curator EMMANUELLE BOUILLON
CHAUSSEE DE LA HULPE 187, 1170 WATERMAEL-BOITSFORT
29-08-2025present

Recognitions · licences · registrations

Food safety, FASFC

1 site
Elsene2.274.907.742
1 permission
Detailhandel LM>3 maand · since 01-01-2022

Similar companies · same sector, comparable size

Of 2,070 companies in sector 47750 we hold annual accounts for 517. 121 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded31-08-2017
Fiscal year end31-12
Activities, NACEBEL 2025
47750Retail sale of cosmetics and toilet articles
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers

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