ETIENNE
ActiveETIENNE has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €78k and a net result of €30k. Equity is growing by ~27.6% per year across the filed fiscal years. Its solvency ranks better than 77% of 4555 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
100
/ 100
Excellent▲ +6 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency99▲+6
Growth78=
Stability100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 2.41 against 2.11 in 2024), and 37.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
62.2%
Return on assets
24.2%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 28-01-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
39 d early
2023
35 d early
2022
34 d early
2021
41 d early
2020
33 d early
2019
35 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close15-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€78k▲ 61.0%
2024 · €48k
2019: €22k
2020: €30k
2021: €17k
2022: €21k
2023: €31k
2024: €48k
2019 → 2025
Total assets
€125k▲ 22.7%
2024 · €102k
2019: €47k
2020: €43k
2021: €38k
2022: €88k
2023: €97k
2024: €102k
2019 → 2025
Net result
€30k▲ 70.4%
2024 · €18k
2019: €3k
2020: €8k
2021: €8k
2022: €5k
2023: €15k
2024: €18k
2019 → 2025
Working capital
€57k▲ 48.2%
2024 · €38k
2019: €-2k
2020: €16k
2021: €7k
2022: €6k
2023: €16k
2024: €38k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€17k-€21k▲ 27.6%€31k▲ 48.8%€48k▲ 54.2%€78k▲ 61.0%
Operating result€16k-€9k▼ 41.3%€23k▲ 140%€27k▲ 18.4%€47k▲ 74.1%
Net result€8k-€5k▼ 46.1%€15k▲ 235%€18k▲ 16.5%€30k▲ 70.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 74% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €125k
Fixed assets
€28k▼ 3.0%
Current assets
€97k▲ 33.0%
Equity and liabilities €125k
Equity
€78k▲ 61.0%
Debt
€47k▼ 11.9%
The debt ratio falls from 52.6% to 37.8%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€58k▲
2024 · €37k
Cash flow
€42k▲
2024 · €28k
Solvency
62.2%▲
2024 · 47.4%
Current ratio
2.41▲
2024 · 2.11
Quick ratio
2.33▲
2024 · 2.01
Debt / equity
0.61▼
2024 · 1.11
ROE
39.0%▲
2024 · 36.8%
ROA
24.2%▲
2024 · 17.5%
Interest coverage
42.02▲
2024 · 29.02
Debt
€47k▼
2024 · €54k
Debt ≤ 1 year
€40k▲
2024 · €35k
Debt > 1 year
€6k▼
2024 · €15k
Income taxes
€16k▲
2024 · €8k
Staff costs
€69k▲
2024 · €57k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€102k€125k▲
Fixed assets21/28€29k€28k▼
Tangible fixed assets22/27€27k€26k▼
Plant, machinery and equipment23€28€9k▲
Furniture and vehicles24€26k€16k▼
Other tangible fixed assets26€721€911▲
Financial fixed assets28€2k€2k=
Current assets29/58€73k€97k▲
Stocks and contracts in progress3€3k€3k▼
Stocks30/36€3k€3k▼
Amounts receivable within one year40/41€4k€6k▲
Trade receivables40€3k€6k▲
Other amounts receivable41€2k-
Cash at bank and in hand54/58€63k€87k▲
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€102k€125k▲
Equity10/15€48k€78k▲
Contributions10/11€6k€6k=
Reserves13€42k€72k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€40k€70k▲
Amounts payable17/49€54k€47k▼
Amounts payable after more than one year17€15k€6k▼
Financial debts170/4€15k€6k▼
Amounts payable within one year42/48€35k€40k▲
Current portion of amounts payable after more than one year42€9k€9k▲
Trade debts44€7k€9k▲
Suppliers440/4€7k€9k▲
Taxes, remuneration and social security45€12k€15k▲
Taxes450/3€6k€8k▲
Remuneration and social security454/9€6k€7k▲
Other amounts payable47/48€6k€6k▲
Accrued charges and deferred income492/3€4k€1k▼
Income statement
Code20242025
Remuneration, social security and pensions62€57k€69k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€11k▲
Other operating charges640/8€757€654▼
Gross operating margin9900€95k€128k▲
Operating profit (loss)9901€27k€47k▲
Financial income75/76B€406€631▲
Recurring financial income75€406€631▲
Financial charges65/66B€1k€1k▲
Recurring financial charges65€1k€1k▲
Profit (loss) for the period before taxes9903€26k€46k▲
Income taxes67/77€8k€16k▲
Profit (loss) for the period9904€18k€30k▲
Profit (loss) for the period to be appropriated9905€18k€30k▲
Appropriation of the result
Profit (loss) to be appropriated9906€18k€30k▲
Transfer to equity691/2€17k€30k▲
To other reserves6921€17k€30k▲
Profit to be distributed694/7€810€845▲
Return on contributions (dividend)694€810€845▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Highest result since 2019net €30k ▲70.4%
Operating result €47k, net result €30k, both a record.
2024
23-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
27-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
28-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
21-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
29-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial
Liquidity doublescurrent ratio 2.29
Current ratio from 0.94 to 2.29; short-term debt falls from €23k to €12k.
2019
27-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
29-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
18-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
19-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial 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
Registered office, Landen · 1 establishment unit since 2010
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.
Stationsstraat 463400 LandenGround area
83 m²
Building footprint
83 m²
Volume, LiDAR
731 m³
Parcel 24059B1260/00M002, Flanders · tallest building 9.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Kreatos
since 20102.193.294.219
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24059B1260/00M002 | Flanders | 83 m² | 1 · 83 m² | 9.5 m · 3 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
2025 · 1 entry · 1,000 EUR awarded · 1,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,000 EUR | 1,000 EUR |
Schemes
Premie kwalificerend werkplekleren
Recognitions · licences · registrations
Dual-learning approval
3 live approvals · 5 endedHaarverzorging duaal (so)
Kapper (vwo)
Kapper-stylist duaal (so)
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IN 2 HAIR
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KAPPER TAELMAN
BE 0417.818.788
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KAUKURA
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Peer · Eq €78k
Of 21,676 companies in sector 96210 we hold annual accounts for 2,806. 1,896 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded02-09-2010
Fiscal year end30-06
Activities, NACEBEL
96021Hairdressing
96210Hairdressing and barber services
47750Retail sale of cosmetics and toilet articles
47789Other retail sale of new goods
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.