FIGARO KAPSALON
ActiveSummary
FIGARO KAPSALON has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €78,901 and a net result of €57,958. Equity is shrinking by ~11.7% per year across the filed fiscal years. Its solvency ranks better than 42% of 4735 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability84▲+16
Solvency42▼-7
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days acceptable
Liquidity tight (current ratio 1.34 against 1.84 in 2024; short-term debt: 51% and cash: 44.3% of total assets), and 83% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Three 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
17%
Return on assets
12.5%
Age of the figures
9 mo
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
30 d late
2023
1 d early
2022
on the day
2021
31 d late
2020
61 d late
2019
66 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 26 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 31 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
In the rankings
#6 oldest company in Waasmunster, Other services sector#7 company by total assets in Waasmunster, Other services sector
Equity
€78,901▼ 29.0%
2024 · €111,193
Total assets
€462,787▲ 1.9%
2024 · €454,346
Net result
€57,958▲ 1,197%
2024 · €4,469
Working capital
€80,968▼ 37.9%
2024 · €130,456
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
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, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€68,558-€1,299-€19,635▼ 1,411%€13,500€84,489▲ 526%
Net result€61,056above the sector's middle half-€3,861within the sector's middle half-€27,635below the sector's middle half▼ 616%€4,469within the sector's middle half€57,958above the sector's middle half▲ 1,197%
Equity€198,221above the sector's middle half▲ 44.5%€194,360above the sector's middle half▼ 1.9%€106,724above the sector's middle half▼ 45.1%€111,193above the sector's middle half▲ 4.2%€78,901above the sector's middle half▼ 29.0%
Total assets€608,608above the sector's middle half▲ 11.8%€558,160above the sector's middle half▼ 8.3%€472,508above the sector's middle half▼ 15.3%€454,346above the sector's middle half▼ 3.8%€462,787above the sector's middle half▲ 1.9%
Debt€410,387▲ 0.7%€363,800▼ 11.4%€365,784▲ 0.5%€343,154▼ 6.2%€383,886▲ 11.9%
Working capital€233,422above the sector's middle half▲ 59.1%€204,801above the sector's middle half▼ 12.3%€133,209above the sector's middle half▼ 35.0%€130,456above the sector's middle half▼ 2.1%€80,968above the sector's middle half▼ 37.9%
Solvency32.6%within the sector's middle half▲ 7.4pp34.8%within the sector's middle half▲ 2.3pp22.6%within the sector's middle half▼ 12.2pp24.5%within the sector's middle half▲ 1.9pp17.0%within the sector's middle half▼ 7.4pp
Current ratio2.85above the sector's middle half▲ 0.552.71above the sector's middle half▼ 0.142.00within the sector's middle half▼ 0.711.84within the sector's middle half▼ 0.161.34within the sector's middle half▼ 0.50
Return on assets (ROA)10.0%within the sector's middle half▲ 21.1pp-0.7%within the sector's middle half▼ 10.7pp-5.8%within the sector's middle half▼ 5.2pp1.0%within the sector's middle half▲ 6.8pp12.5%within the sector's middle half▲ 11.5pp
Staff (FTE)8.7▲ 64.2%10.8▲ 24.1%10.9▲ 0.9%10.1▼ 7.3%9.4▼ 6.9%
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 abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 526% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €462,787
Fixed assets
€145,735 ▼ 14.0%
Current assets
€317,051 ▲ 11.3%
Equity and liabilities €462,787
Equity
€78,901 ▼ 29.0%
Debt
€383,886 ▲ 11.9%
Debt's share of the balance-sheet total rises from 75.5% to 83.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€125,768▲
2024 · €54,942
Cash flow
€99,236▲
2024 · €45,910
Quick ratio
1.25▼
2024 · 1.71
Debt to equity
4.87▲
2024 · 3.09
ROE
73.5%▲
2024 · 4.0%
Interest coverage
14.65▲
2024 · 5.80
Debt ≤ 1 year
€236,084▲
2024 · €154,509
Debt > 1 year
€147,802▼
2024 · €188,645
Income taxes
€20,325▲
2024 · €429
Staff costs
€380,747▼
2024 · €390,391
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,818 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 95% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.0%
went bankrupt
3.7%
stopped otherwise
95%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% 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 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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 3,818 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €195,475 | €359,853 | €376,756 | €390,391 | €380,747 | ▼ 2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €39,490 | €39,469 | €41,796 | €41,441 | €41,278 | ▼ 0.4% |
| Other operating charges640/8 | €1,729 | €1,403 | €1,769 | €1,198 | €1,726 | ▲ 44.1% |
| Non-recurring operating charges66A | - | - | - | - | €225 | - |
| Gross operating margin9900 | €305,252 | €399,426 | €400,686 | €446,530 | €508,466 | ▲ 13.9% |
| Operating profit (loss)9901 | €68,558 | -€1,299 | -€19,635 | €13,500 | €84,489 | ▲ 526% |
| Financial income75/76B | €1,600 | €2,921 | €1,954 | €867 | €2,381 | ▲ 175% |
| Recurring financial income75 | €1,600 | €2,921 | €1,954 | €867 | €2,381 | ▲ 175% |
| Financial charges65/66B | €5,608 | €5,263 | €9,955 | €9,470 | €8,587 | ▼ 9.3% |
| Recurring financial charges65 | €5,608 | €5,263 | €9,955 | €9,470 | €8,587 | ▼ 9.3% |
| Profit (loss) for the period before taxes9903 | €64,549 | -€3,642 | -€27,635 | €4,897 | €78,283 | ▲ 1,498% |
| Income taxes67/77 | €3,494 | €219 | €0 | €429 | €20,325 | ▲ 4,639% |
| Profit (loss) for the period9904 | €61,056 | -€3,861 | -€27,635 | €4,469 | €57,958 | ▲ 1,197% |
| Profit (loss) for the period to be appropriated9905 | €61,056 | -€3,861 | -€27,635 | €4,469 | €57,958 | ▲ 1,197% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €608,608 | €558,160 | €472,508 | €454,346 | €462,787 | ▲ 1.9% |
| Fixed assets21/28 | €249,027 | €233,434 | €206,323 | €169,382 | €145,735 | ▼ 14.0% |
| Tangible fixed assets22/27 | €249,027 | €233,434 | €206,323 | €169,382 | €145,735 | ▼ 14.0% |
| Land and buildings22 | €8,710 | €6,605 | €5,616 | €4,767 | €3,918 | ▼ 17.8% |
| Plant, machinery and equipment23 | €2,362 | €22,579 | €17,315 | €12,999 | €11,944 | ▼ 8.1% |
| Furniture and vehicles24 | €3,142 | €3,007 | €3,027 | €2,729 | €14,818 | ▲ 443% |
| Other tangible fixed assets26 | €234,813 | €201,244 | €180,365 | €148,888 | €115,056 | ▼ 22.7% |
| Current assets29/58 | €359,581 | €324,726 | €266,186 | €284,964 | €317,051 | ▲ 11.3% |
| Stocks and contracts in progress3 | €18,361 | €24,968 | €19,765 | €20,442 | €21,059 | ▲ 3.0% |
| Stocks30/36 | €18,361 | €24,968 | €19,765 | €20,442 | €21,059 | ▲ 3.0% |
| Amounts receivable within one year40/41 | €92,912 | €116,087 | €76,505 | €51,926 | €88,590 | ▲ 70.6% |
| Trade receivables40 | €7,440 | €14,990 | €43,995 | €3,925 | €41,998 | ▲ 970% |
| Other amounts receivable41 | €85,472 | €101,097 | €32,510 | €48,001 | €46,593 | ▼ 2.9% |
| Cash at bank and in hand54/58 | €239,149 | €174,081 | €159,604 | €199,640 | €204,846 | ▲ 2.6% |
| Deferred charges and accrued income490/1 | €9,159 | €9,591 | €10,312 | €12,957 | €2,556 | ▼ 80.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €608,608 | €558,160 | €472,508 | €454,346 | €462,787 | ▲ 1.9% |
| Equity10/15 | €198,221 | €194,360 | €106,724 | €111,193 | €78,901 | ▼ 29.0% |
| Contributions10/11 | €13,640 | €13,640 | €13,640 | €13,640 | €13,640 | = |
| Reserves13 | €184,110 | €184,110 | €184,110 | €184,110 | €83,860 | ▼ 54.5% |
| Non-distributable reserves130/1 | €1,860 | €0 | - | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €0 | - | - | - | - |
| Distributable reserves133 | €182,250 | €184,110 | €184,110 | €184,110 | €83,860 | ▼ 54.5% |
| Profit (loss) carried forward14 | €471 | -€3,390 | -€91,026 | -€86,557 | -€18,599 | ▲ 78.5% |
| Amounts payable17/49 | €410,387 | €363,800 | €365,784 | €343,154 | €383,886 | ▲ 11.9% |
| Amounts payable after more than one year17 | €284,229 | €243,875 | €228,821 | €188,645 | €147,802 | ▼ 21.7% |
| Financial debts170/4 | €284,229 | €243,875 | €228,821 | €188,645 | €147,802 | ▼ 21.7% |
| Amounts payable within one year42/48 | €126,158 | €119,925 | €132,976 | €154,509 | €236,084 | ▲ 52.8% |
| Current portion of amounts payable after more than one year42 | €32,724 | €33,999 | €39,524 | €40,177 | €40,842 | ▲ 1.7% |
| Financial debts43 | €6,543 | €0 | - | - | - | - |
| Credit institutions430/8 | €6,543 | €0 | - | - | - | - |
| Trade debts44 | €22,179 | €29,449 | €41,997 | €19,779 | €59,873 | ▲ 203% |
| Suppliers440/4 | €22,179 | €29,449 | €41,997 | €19,779 | €59,873 | ▲ 203% |
| Advances received on contracts in progress46 | - | - | €2,016 | €0 | €671 | - |
| Taxes, remuneration and social security45 | €64,712 | €56,478 | €49,439 | €94,553 | €104,447 | ▲ 10.5% |
| Taxes450/3 | €23,732 | €16,542 | €8,663 | €37,062 | €51,160 | ▲ 38.0% |
| Remuneration and social security454/9 | €40,980 | €39,936 | €40,776 | €57,491 | €53,287 | ▼ 7.3% |
| Other amounts payable47/48 | - | - | - | - | €30,250 | - |
| Accrued charges and deferred income492/3 | - | - | €3,986 | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €61,056 | -€3,861 | -€27,635 | €4,469 | €57,958 | ▲ 1,197% |
| + Depreciation and write-downs630 | €39,490 | €39,469 | €41,796 | €41,441 | €41,278 | ▼ 0.4% |
| Operating cash flow (approximation) | €100,545 | €35,608 | €14,160 | €45,910 | €99,236 | ▲ 116% |
| Investment in fixed assets (approximation) | - | -€23,876 | -€14,685 | -€4,500 | -€17,632 | ▼ 292% |
| Change in cash | - | -€65,068 | -€14,476 | €40,036 | €5,206 | ▼ 87.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
31-12
Financial
Back to profitnet €4,469
Net result €4,469 after 2 loss-making years.
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Back to profitnet €61,056
Net result €61,056 after one loss-making year.
31-12
Financial
Equity above €150,000Eq €198,221 ▲44.5%
Equity rises from €137,165 to €198,221.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
31-12
Financial
Weakest financial yearnet -€60,265
Net result drops to -€60,265, the lowest in the series; recovery starts the following year.
05-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 66 days late
2019
29-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Waasmunster · 1 establishment unit since 2002
Ground area
2,013 m²
Building footprint
317 m²
Volume, LiDAR
2,738 m³
Parcel 42342C1718/00P000, Flanders · tallest building 13.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Hoogstraat 81, 9250 Waasmunster
since 20022.115.316.909
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42342C1718/00P000 | Flanders | 2,012 m² | 1 · 317 m² | 13.2 m · 3 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.
Subsidies and aid
Flemish government
2023 to 2024 · 3 entries · 4,027 EUR awarded · 4,027 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 2 | 1,000 EUR | 3,730 EUR |
| 2023 | 1 | 3,027 EUR | 297 EUR |
Recognitions · licences · registrations
Dual-learning approval
3 live approvals · 5 endedHaarverzorging duaal (so)
Kapper (vwo)
Kapper-stylist duaal (so)
Show 5 ended approvals
Kapper (so)
Haarverzorging duaal (so)
Kapper (vwo)
Kapper (so)
Kapper-salonverantwoordelijke (so)
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Company details
Identification
Legal formPrivate limited company
Founded12-06-2002
Fiscal year end31-12
Activities, NACEBEL 2025
96210Hairdressing and barber services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0477733908
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.