Active BE 0689.608.236Private limited company

HAIR ARTIST EVOLUTION

Dumortierlaan 127 ·8300 Knokke-Heist, Belgium· 8 yrs active

Sector: Kappers- en barbiersactiviteiten (96210)

Conclusion Checked

The computed 12-month bankruptcy probability of HAIR ARTIST EVOLUTION is 1.0% (low). The 2025 annual accounts show negative equity (€-20k) and a net result of €-12k. Equity is growing by ~14.6% per year across the filed fiscal years. Its solvency ranks better than 9% of 30 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.

Key figures

Equity	€-20k
Net result	€-12k
Staff (FTE)	1.9
Better than sector	9%

Financial profile 5 of 5 axes measured · computed by Checked

66 / 100

Strong profile, led by profitability.

All 5 axes are computed from data Checked has read.

Health 20

Profitability 100

Solvency 33

Growth 78

Stability 100

Bankruptcy probability (12 mo) Checked model v1 · free

1.0% Low

0%0,5%1,5%4%10%≥25%

Annual accounts: weaker financial profile +Young company +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

More than 3 years active

Founded in 2018, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2025 · computed

20 / 100 Critical

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Financial overview7 NBB filings

Annual accounts filed on 20-10-2025 with the NBB · fiscal year 2025 · verkort

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

growing Equity: growth of ~14.6%/year over 7 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2025 · NACE 96, Personal services · compared within the same schema type (abbreviated schema)

Metric	This company	Sector median	Position in the sector
Solvency	-10.4%	35.5%	better than 9% of 30 sector peers
Net result	€-12k	€9k	better than 15% of 30 sector peers
Equity	€-20k	€53k	better than 6% of 30 sector peers
Gross operating margin	€91k	€158k	better than 39% of 30 sector peers
Total assets	€194k	€269k	better than 42% of 30 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€12k

-73.3% 19-25

Net profit

€-12k

- 19-25

Cash flow

€7k

-83.2% 19-25

Total assets

€194k

+91.8% 19-25

Equity

€-20k

-146.0% 19-25

Working capital

€-94k

-122.0% 19-25

Employees (FTE)

2

+90.0% 19-25

Staff costs

€78k

+126.9% 19-25

Show 11 other metrics

Income taxes

€0

-100.0% 19-25

Debt

€214k

+95.9% 19-25

Debt ≤ 1y

€175k

+97.8% 19-25

Debt > 1y

€39k

+87.6% 19-25

Current ratio

0.46

-11.3% 19-25

Quick ratio

0.10

-71.7% 19-25

Solvency

-10.4%

-28.2% 19-25

Debt / equity

-10.61

+20.4% 19-25

ROE

59.3%

- 19-25

ROA

-6.2%

- 19-25

Interest coverage

2.19

-83.8% 19-25

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2025
Deposit	verkort
Revenue	-
EBITDA	€12k
Net profit	€-12k
Cash flow	€7k
Staff costs	€78k
Income taxes	€0
Dividends	-
Total assets	€194k
Equity	€-20k
Debt	€214k
of which ≤ 1y	€175k
of which > 1y	€39k
Working capital	€-94k
Employees (FTE)	1.9

Ratios (computed)

	2025
Current ratio	0.46
Quick ratio	0.10
Working capital ratio	-48.7%
Solvency	-10.4%
Debt / equity	-10.61
Long-term debt ratio	-1.92
Interest coverage	2.19
Gross margin	-
Net margin	-
ROA	-6.2%
ROE	59.3%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2025

Assets

Fixed assets €113k · 58.2% Current assets €81k · 41.8%

Full annual accounts (24 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2025
Balance sheet, Assets
TOTAL ASSETS	20/58	€194k
Fixed assets	21/28	€113k
Tangible fixed assets	22/27	€112k
Financial fixed assets	28	€550
Current assets	29/58	€81k
Stocks & contracts in progress	3	€63k
Amounts receivable within one year	40/41	€12k
Cash & bank	54/58	€5k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€194k
Equity	10/15	€-20k
Contributions / capital	10/11	€6k
Accumulated profits (losses)	14	€-26k
Amounts payable	17/49	€214k
Amounts payable after one year	17	€39k
Amounts payable within one year	42/48	€175k
Trade debts payable within one year	44	€33k
Income statement
Gross operating margin	9900	€91k
Operating result	9901	€-7k
Financial income	75	€280
Financial charges	65	€6k
Result before taxes	9903	€-12k
Income taxes	67/77	€0
Net result for the period	9904	€-12k
Result to be appropriated	9905	€-12k

This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates 3 directors

Current directors & mandates

K.V.L. CONCEPTLegal entity
Director· perm. rep.: KEIFENS Virginie
State Gazette act 24314562 (09-01-2024)

Current
09-01-2024 → present
LEJEUNE Lionel
Director
State Gazette act 24314562 (09-01-2024)

Current
09-01-2024 → present
2 events
- 09-01-2024 Resigned· Director
- 09-01-2024 Appointed· Director

Former directors (1)

K.V.L. CONCEPT
Director
State Gazette act 24314562 (09-01-2024)

Former
- → 09-01-2024

Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Legal Structure

NACE primary	Kappers- en barbiersactiviteiten(96210)
Legal form	Private limited company(610)
Incorporation	31-01-2018
Status	Active
Postal code	8300

Establishment units 1 location

HAIR ARTIST EVOLUTION

Dumortierlaan 127, 8300 Knokke-HeistHaarverzorging

since 20182.276.470.531

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
31334B0173/00A000	Flanders	172 m²	1 · 166 m²	21.6 m · 5 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 9 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

20-10-2025

NBB filing Annual accounts filed

fiscal year 2025 · verkort

2024

28-10-2024

NBB filing Annual accounts filed

fiscal year 2024 · micro

25-06-2024

State Gazette act Registered-office change

09-01-2024

State Gazette act Director changes

Renaud CHAUVIN

2023

01-08-2023

NBB filing Annual accounts filed

fiscal year 2023 · micro

2022

03-11-2022

NBB filing Annual accounts filed

fiscal year 2022 · micro

2021

21-10-2021

NBB filing Annual accounts filed

fiscal year 2021 · micro

2020

29-10-2020

NBB filing Annual accounts filed

fiscal year 2020 · micro

2019

22-10-2019

NBB filing Annual accounts filed

fiscal year 2019 · micro

Belgian State Gazette reading coverage 0 of 4 acts read

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 2 acts

Address history · 1

25-06-2024

Registered-office move

All acts · 2 updated 2 years ago

2024

25-06-2024 Registered office moved from KNOKKE HEIST to Knokke Registered-office change

Dumortierlaan 92 -8300 KNOKKE HEIST → Dumortierlaan 127 -8300 Knokke

Original publication ↗

Technical details

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    "org_rep_person_name": null,
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  "co_filed_documents": [
    "Bijlagen bij het Belgisch Staatsblad",
    "Annexes du Moniteur belge",
    "Mod DOC 19.01"
  ]
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09-01-2024 2 directors appointed, 2 resigning Director changes·Renaud CHAUVIN

LEJEUNE Lionel, Bestuurder
KEIFENS Virginie, Bestuurder
LEJEUNE Lionel, Bestuurder
K.V.L. CONCEPT, Bestuurder

Notary: Renaud CHAUVIN · Verviers

Original publication ↗

Technical details

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Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Activities

Haarverzorging96021Kappers- en barbiersactiviteiten96210

Primary activity highlighted.

Names & trade names

Legal nameNL

HAIR ARTIST EVOLUTION

Registered office

Dumortierlaan 127

8300 Knokke-Heist, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

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