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GLOBAL RESTYLING SERVICES

Active
Public limited companyfounded 199135 yrs activeHovenierspad 3, 2240 Zandhoven, BelgiumKBO/BCE: BE 0444.634.538
Summary

GLOBAL RESTYLING SERVICES has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €34k and a net result of €-20k. Equity is growing by ~3.7% per year across the filed fiscal years. Its solvency ranks better than 21% of 11322 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
51 / 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability36▼-14
Solvency28▼-2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity short (current ratio 0.21 against 0.23 in 2024; short-term debt: 35.6% and cash: 2.1% of total assets), and 96.7% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 35 years 0 40 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies more bankruptcies →
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 2025
Solvency, return and age of the figures
Solvency
3.3%
Return on assets
-1.9%
Age of the figures
18 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 11322 sector peers (2025).
NBB · sector comparison
Position among 11322 sector peers
Solvency
better than 21%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 29-10-2025, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
2 d early
2024
8 d early
2023
78 d early
2022
2 d late
2021
32 d early
2020
11 d early
2019
31 d early
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven months
Position in the running window
31-03-2026 close24-09-2026 today31-10-2026 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

Financials · fiscal year 2025, micro schema

Equity
€34k▼ 36.8%
2024 · €54k
2019: €16k 2020: €43k 2021: €64k 2022: €67k 2023: €53k 2024: €54k
2019 → 2025
Total assets
€1.03M▼ 2.0%
2024 · €1.05M
2019: €296k 2020: €413k 2021: €400k 2022: €1.07M 2023: €1.02M 2024: €1.05M
2019 → 2025
Net result
€-20k
2024 · €980
2019: €31k 2020: €27k 2021: €21k 2022: €2k 2023: €-14k 2024: €980
2019 → 2025
Working capital
€-290k▼ 19.2%
2024 · €-244k
2019: €-69k 2020: €-59k 2021: €-40k 2022: €-179k 2023: €-213k 2024: €-244k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€64k-€67k▲ 3.7%€53k▼ 20.5%€54k▲ 1.8%€34k▼ 36.8%
Operating result€35k-€10k▼ 71.1%€208▼ 97.9%€16k▲ 7,406%€-8k
Net result€21k-€2k▼ 88.9%€-14k€980€-20k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€0€20k€40kOperating result 2021: €35k€35kNet result 2021: €21k€21kOperating result 2022: €10k€10kNet result 2022: €2k€2kOperating result 2023: €208€208Net result 2023: €-14k€-14kOperating result 2024: €16k€16kNet result 2024: €980€980Operating result 2025: €-8k€-8kNet result 2025: €-20k€-20k20212022202320242025€-20k€-10k€0€10k€20kOperating result 2023: €208€208Net result 2023: €-14k€-14kOperating result 2024: €16k€16kNet result 2024: €980€980Operating result 2025: €-8k€-8.4kNet result 2025: €-20k€-20k202320242025
The operating result turns negative in 2025: a loss of €8k after €16k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.03M
Fixed assets €953k ▼ 2.4%
Current assets €76k ▲ 3.2%
Equity and liabilities €1.03M
Equity €34k ▼ 36.8%
Debt €995k ▼ 0.1%
Debt's share of the balance-sheet total rises from 94.9% to 96.7%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€28k
2024 · €51k
Cash flow
€17k
2024 · €37k
Current ratio
0.21
2024 · 0.23
Quick ratio
0.20
2024 · 0.23
Debt to equity
29.14
2024 · 18.44
ROE
-58.3%
2024 · 1.8%
ROA
-1.9%
2024 · 0.1%
Interest coverage
2.36
2024 · 3.76
Debt ≤ 1 year
€366k
2024 · €317k
Debt > 1 year
€629k
2024 · €679k
Income taxes
€113
2024 · €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 · 2025 against 2024 · 49 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.05M€1.03M
Fixed assets21/28€976k€953k
Tangible fixed assets22/27€973k€950k
Land and buildings22€950k€925k
Plant, machinery and equipment23€14k€11k
Furniture and vehicles24€10k€14k
Financial fixed assets28€3k€3k=
Current assets29/58€74k€76k
Stocks and contracts in progress3€2k€2k=
Stocks30/36€2k€2k=
Amounts receivable within one year40/41€66k€27k
Trade receivables40€65k€21k
Other amounts receivable41€1k€5k
Cash at bank and in hand54/58€2k€22k
Deferred charges and accrued income490/1€3k€25k
Equity and liabilities
Total equity and liabilities10/49€1.05M€1.03M
Equity10/15€54k€34k
Contributions10/11€223k€223k=
Capital10-€223k
Issued capital100-€223k
Profit (loss) carried forward14€-169k€-189k
Amounts payable17/49€996k€995k
Amounts payable after more than one year17€679k€629k
Financial debts170/4€675k€625k
Other amounts payable178/9€4k€4k=
Amounts payable within one year42/48€317k€366k
Current portion of amounts payable after more than one year42€46k€48k
Trade debts44€14k€611
Suppliers440/4€14k€611
Advances received on contracts in progress46-€35k
Taxes, remuneration and social security45€1k€113
Taxes450/3€1k€113
Other amounts payable47/48€256k€282k
Accrued charges and deferred income492/3€36-
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€36k€37k
Other operating charges640/8€5k€7k
Non-recurring operating charges66A-€855
Gross operating margin9900€56k€36k
Operating profit (loss)9901€16k€-8k
Financial income75/76B€47€530
Recurring financial income75€47€530
Financial charges65/66B€14k€12k
Recurring financial charges65€14k€12k
Profit (loss) for the period before taxes9903€2k€-20k
Income taxes67/77€1k€113
Profit (loss) for the period9904€980€-20k
Profit (loss) for the period to be appropriated9905€980€-20k
Appropriation of the result
Profit (loss) to be appropriated9906€-169k€-189k
Profit (loss) brought forward from the previous period14P€-170k€-169k

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-10-2026
2026
05-08
State Gazette act Reappointment: Barbara Maes (director)
Registered-office move3 facts ▸
  • General meeting, 01/07/2026
  • Director reappointment, Barbara Maes (director)
  • Registered-office move, Hovenierspad 3, 2240 Viersel
2025
29-10
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial Weakest financial yearnet €-20k ▼2129%
Net result drops to €-20k, the lowest in the series.
2024
23-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial Back to profitnet €980
Net result €980 after one loss-making year.
2023
14-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2022
02-11
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 2 days late
2021
29-09
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2020
20-10
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2019
30-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2018
16-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2017
31-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2016
28-09
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
1 director, no change since 2025
Barbara Maes
Director · since 23-12-2025
Current
23-12-2025 Mandate renewed as Director
Location & real-estate footprint
Registered office, Zandhoven · 1 establishment unit since 1997
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.

Hovenierspad 32240 Zandhoven
Ground area
3,518 m²
Building footprint
462 m²
Volume, LiDAR
310 m³
2 parcels, Flanders · tallest building 18.4 m. Linked by address, not a title deed.
1 establishment unit
Huyzen Kempen
Herentalse steenweg 41, 2280 GrobbendonkNACE 70201
since 19972.053.587.394
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13010D0246/00G018 Flanders 3,147 m² 1 · 387 m² 18.4 m
11046B0074/00Y000 Flanders 371 m² 1 · 75 m² 0.0 m
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.

Public money · subsidies and aid

Flemish government

2022 to 2023 · 2 entries · 925 EUR awarded · 649 EUR paid
Year Entries awardedpaid
2023 1 552 EUR276 EUR
2022 1 373 EUR373 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
2 entries · 925 EUR · 649 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 4,420 companies in sector 46180 we hold annual accounts for 1,886. 1,301 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 formPublic limited company
Founded04-07-1991
Fiscal year end31-03
Activities, NACEBEL 2025
46180Agents specialised in the wholesale of other particular products
68121Development of residential building projects
68122Development of non-residential building projects
43333Wallpapering and laying of floor and wall coverings in other materials
43341Painting of buildings
43350Other building finishing work
68110Buying and selling of own real estate
68310Real estate agency activities
71111Activities of building architects
74130Interior design
82100Office administrative and support services
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers

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