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HONG-MINH

Active
Private limited companyfounded 2022active for 3 yearsDe Frélaan 181, 1180 Ukkel, BelgiumKBO/BCE: BE 0793.859.381
Summary

The computed 12-month bankruptcy probability of HONG-MINH is 4.4% (elevated). The 2025 annual accounts show negative equity (-€82,068) and a net result of -€59,396. Equity has been shrinking by about 146% per year since 2023. Its solvency ranks better than 11% of 5,709 sector peers (NACE 96, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 22-11-2022 Normal situation
Activity
Beauty care and other beauty treatments NACE 96220and 4 others
Establishment units
2.338.358.511 1070 Anderlecht, since 22-11-2022
2.338.358.610 1180 Ukkel, since 22-11-2022
Financial year end
31 March
Peppol
Not found in the Peppol Directory

Board and ownership

Board

Financial position

35 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
4.4%
Annual accounts to 31-03-2025
Gross margin
-€40,765
Loss
€59,396
▲ 751%
Equity
-€82,068
▼ 262%
Total assets
€66,056
▼ 30.8%
Staff
≈ 0 FTE
estimated
  • Negative equity on 31-03-2025
  • 2026 accounts not filed, 1 day past the deadline
Turnover not published (micro format)
Filed on 28-11-2025
Score breakdownraises risk1 financial year not filed after the legal deadline; last filed accounts filed 28 days late; 2 of the last 3 accounts lateLoss of €59,396, the second in a row (financial year 2025)Figures for financial year 2025 (filed on 03-12-2025)lowers riskSize: total assets €66,056Show the evidence

Checked score

Score 2025
35 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 9% of micro companies in personal services (NACE 96)
Financial strength · tick: 2024
Weak
Solvency 0-1
equity -124.2% of total assets
Liquidity 19+15
short-term debt 217.9% · cash 15.4%
Profitability 0-10
return on assets -89.9%
Bankruptcy probability within 12 months
4.4% Elevated
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (7,625 companies, NACE 96, micro)
Last 24 months 12-2024: 3.4% 01-2025: 3.4%● unchanged vs 12-2024 02-2025: 3.4%● unchanged vs 01-2025 03-2025: 3.4%● unchanged vs 02-2025 04-2025: 3.4%● unchanged vs 03-2025 05-2025: 3.4%● unchanged vs 04-2025 06-2025: 7.8%▲ +4.4 percentage points vs 05-2025 07-2025: 7.7%▼ -0.1 percentage points vs 06-2025 08-2025: 7.6%▼ -0.1 percentage points vs 07-2025 09-2025: 7.4%▼ -0.2 percentage points vs 08-2025 10-2025: 7.3%▼ -0.1 percentage points vs 09-2025 11-2025: 8.3%▲ +1.0 percentage point vs 10-2025 12-2025: 8.8%▲ +0.5 percentage points vs 11-2025highest value 01-2026: 4.0%▼ -4.8 percentage points vs 12-2025 02-2026: 4.0%● unchanged vs 01-2026 03-2026: 4.0%● unchanged vs 02-2026 04-2026: 3.9%▼ -0.1 percentage points vs 03-2026 05-2026: 3.9%● unchanged vs 04-2026 06-2026: 3.8%▼ -0.1 percentage points vs 05-2026 07-2026: 3.8%● unchanged vs 06-2026 08-2026: 3.4%▼ -0.4 percentage points vs 07-2026lowest value 09-2026: 3.4%● unchanged vs 08-2026 10-2026: 3.6%▲ +0.2 percentage points vs 09-2026 11-2026: 4.4%▲ +0.8 percentage points vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.18 (0.35 in 2024), below 1. Short-term debt is 217.9% and cash 15.4% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 96, micro). It does better than 11% of them on solvency, 15% on liquidity, 9% on profitability and 3% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 28 days late; 2 of the last 3 accounts late
NBB · filings
raises risk · Loss of €59,396, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Figures for financial year 2025 (filed on 03-12-2025)
NBB · annual accounts
lowers risk · Size: total assets €66,056
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
232425
2023 to 2025 · latest year -€82,068
raises risk · 2025 accounts filed 28 days late
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 28-11-2025, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 3 filings
Deviation from the deadline
2026
not filed
2025
28 days late
2024
251 days late
2023
615 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 3 accounts on average 298 days after the deadline. In the sector (NACE 96), the median for financial year 2024 was on the deadline day, and 48% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2022.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€82,068 View
  • Risk: 3 loss-making years in a rowloss in financial year 2025 -€59,396 View
  • Caution: Result fell in 2025from -€6,982 to -€59,396 ▼ 751% View
  • Caution: Lower net result than 95% of companies in personal servicessector median €2,805 · 5,716 companies -€59,396 View
  • Caution: Directors leftlatest change 27-05-2026 · 1 in office 2 left View

Comparable companies

These companies have the same main activity as HONG-MINH: beauty care and other beauty treatments (NACE 96220). They are comparable in size and age: total assets between €50,600 and €80,800, founded between 2022 and 2023.

CompanyTotal assetsGross margin
HONG-MINH Ukkel€66,056-€40,765
MY BEAUTY & SPA Brussel€55,996-€4,396
VELBA La Roche-en-Ardenne€80,818-€10,116
DILEK OZTURK Antwerpen€53,537€411
Morais & Silva Beveren-Kruibeke-Zwijndrecht€78,622-€22,467
MindBody Renewal Heaven Brussel€53,101€582
PETINIOT EULALIE Perwez€50,552-€7,483
Full comparison

Key facts about HONG-MINH

What is the company number of HONG-MINH?
The company number of HONG-MINH is 0793.859.381. The VAT number is the same number with BE in front: BE 0793.859.381.
Where is HONG-MINH based?
The registered office is at De Frélaan 181, 1180 Ukkel.Company details
What does HONG-MINH do?
According to the KBO register, the main activity is beauty care and other beauty treatments (NACE 96220).
What is the legal form of HONG-MINH?
The legal form of HONG-MINH is Private limited company (BV).
When was HONG-MINH founded?
HONG-MINH was founded on 22-11-2022.
Is HONG-MINH still active?
Yes, HONG-MINH is an active enterprise in the KBO register.
What is the turnover of HONG-MINH?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is HONG-MINH profitable?
In financial year 2025, HONG-MINH made a loss of €59,396.
Where can I find the annual accounts of HONG-MINH?
HONG-MINH filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.

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