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KAPSALON MATHYS

Active
Private limited companyfounded 1999active for 27 yearsDrapstraat 77, 9308 Aalst, BelgiumKBO/BCE: BE 0465.131.430

From the official registers: KBO 27 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

KAPSALON MATHYS has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €74,689 and a net result of -€23,786. Equity has been growing by about 6.7% per year since 2019. Its solvency ranks better than 66% of 5,709 sector peers (NACE 96, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

KBO
Status
Active since 05-01-1999 Normal situation
Activity
Hairdressing and barber services NACE 96210
Establishment unit
2.090.126.009 9308 Aalst, since 03-02-1999
Financial year end
30 September
Peppol
Reachable since 09-12-2025

Board and ownership

Board
  • De Valck ChrisDirector · since 01-01-2008

Financial position

86 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts to 30-09-2025
Gross margin
€111,747
▼ 1.2%
Turnover
≈ €200,000
estimated
Loss
€23,786
▲ 18×
Equity
€74,689
▼ 24.2%
Total assets
€157,006
▼ 5.9%
Staff
2.8 FTE
▲ 3.7%
Filed on 28-04-2026, 2 days before the deadlinePDF
Score breakdownraises riskLoss of €23,786, the second in a row (financial year 2025)lowers riskLiquidity: current ratio 1.70, cash €42,517Founded in 1999Size: total assets €157,006Show the evidence

Checked score

Score 2025
86 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 40% of micro companies in personal services (NACE 96)
Financial strength · tick: 2024
Weak
Solvency 73-11
equity 47.6% of total assets
Liquidity 59-8
short-term debt 49.7% · cash 27.1%
Profitability 0-34
return on assets -15.1%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (7,624 companies, NACE 96, micro)
Last 24 months 11-2024: 0.1%lowest value 12-2024: 0.1%● unchanged vs 11-2024lowest value 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.2%▲ +0.1 percentage points vs 04-2026highest value 06-2026: 0.2%● unchanged vs 05-2026highest value 07-2026: 0.2%● unchanged vs 06-2026highest value 08-2026: 0.2%● unchanged vs 07-2026highest value 09-2026: 0.2%● unchanged vs 08-2026highest value 10-2026: 0.2%● unchanged vs 09-2026
Credit of up to €6,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.7 (2.2 in 2024), above the usual 1.5. Short-term debt is 49.7% and cash 27.1% of total assets. However, 52.4% of the assets are financed with debt and provisions.
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 67% of them on solvency, 63% on liquidity, 9% on profitability and 21% on growth.

The bankruptcy probability was computed on 31-10-2026 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 riskneutral
raises risk · Loss of €23,786, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.70, cash €42,517
NBB · annual accounts
lowers risk · Founded in 1999
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: total assets €157,006
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 · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
19202122232425
2019 to 2025 · latest year -€23,786
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 28-04-2026, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
2 days early
2024
12 days early
2023
4 days early
2022
2 days early
2021
1 day early
2020
on the day
2019
24 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 6 days before 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 (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 28 April (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end01-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Lower net result than 93% of companies in personal servicessector median €2,805 · 5,716 companies -€23,786 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Caution: 2 loss-making years in a rowloss in financial year 2025 -€23,786 View

Comparable companies

These companies have the same main activity as KAPSALON MATHYS: hairdressing and barber services (NACE 96210). They are comparable in size and age: total assets between €130,000 and €182,000, founded between 1996 and 2001.

CompanyTotal assetsGross margin
KAPSALON MATHYS Aalst€157,006€111,747
DESCA-STIJL Gent€166,176€118,726
KREATIEF HAIR & BEAUTY Sint-Niklaas€130,482€99,115
MEGA MONIQUE Charleroi€168,971€108,975
Hairevolution Edegem€182,157€125,844
L'ATELIER VERSEAU Antwerpen€173,683€123,610
THE PRINCIPALS Brugge€148,967€95,447
Full comparison

Documents

Annual accounts at the NBB

All 27 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about KAPSALON MATHYS

What is the company number of KAPSALON MATHYS?
The company number of KAPSALON MATHYS is 0465.131.430. The VAT number is the same number with BE in front: BE 0465.131.430.
Where is KAPSALON MATHYS based?
The registered office is at Drapstraat 77, 9308 Aalst.Company details
What does KAPSALON MATHYS do?
According to the KBO register, the main activity is hairdressing and barber services (NACE 96210).
What is the legal form of KAPSALON MATHYS?
The legal form of KAPSALON MATHYS is Private limited company (BV).
When was KAPSALON MATHYS founded?
KAPSALON MATHYS was founded on 05-01-1999.
Is KAPSALON MATHYS still active?
Yes, KAPSALON MATHYS is an active enterprise in the KBO register.
How many employees does KAPSALON MATHYS have?
KAPSALON MATHYS had an average of 2.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of KAPSALON MATHYS?
The turnover in financial year 2025 is ≈ €200,000. This figure is estimated from the gross margin of €111,747 and 39 comparable companies (NACE 96). It probably lies between €150,000 and €230,000.
Is KAPSALON MATHYS profitable?
In financial year 2025, KAPSALON MATHYS made a loss of €23,786.
Where can I find the annual accounts of KAPSALON MATHYS?
KAPSALON MATHYS filed 27 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of KAPSALON MATHYS due?
KAPSALON MATHYS must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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