Checked.be
Active
BE 0428.751.183Private limited company
Kapsalon Robert
Koning Albertlaan 1 ·9000 Gent, Belgium· 40 yrs active
Sector: Hairdressing and barber services
(96210)
Conclusion
Kapsalon Robert has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €7k and a net result of €-5k. Equity is shrinking by ~32.8% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 64% of 6160 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Based on the State Gazette, CBE and 3 annual accounts.
Key figures
| Equity | €7k |
| Net result | €-5k |
| Better than sector | 64% |
| Active | 40 yrs |
Financial profile
52
/ 100
Mixed profile: strong on stability, weaker on profitability.
All 5 axes are computed from data Checked has read.
Health
45
Profitability
0
Solvency
82
Growth
32
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Long-established
Founded in 1986, 40 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
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.
Checked score
45
/ 100
Fair
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.
Indicative credit limit
€500
estimate, not credit advice
Score history
55
2022
52
2023
45
2024
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 1.77 (≥ 1.5)
+10
Quick ratio
Quick ratio 1.70 (≥ 1.0)
+5
Leverage
Debt/equity 1.35 (< 2.0)
+3
Profitability
Negatieve ROE -72%
-10
Interest coverage
Interest coverage -71.1× (< 1.5×)
-10
Profit trend
Net profit down YoY
-3
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Financial overview
Annual accounts filed on 04-07-2025 with the NBB · fiscal year 2024 · micro schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
declining
At this pace, equity would indicatively turn negative around fiscal year 2026, 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 2024 · NACE 96, Personal service activities · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 42.5% | 24.8% | |
| Net result | €-5k | €3k | |
| Equity | €7k | €14k | |
| Gross operating margin | €-3k | €27k | |
| Staff costs | €546 | €41k |
€-4k
-123.5%
22-24
€-5k
-75.1%
22-24
€-4k
-113.3%
22-24
€16k
-12.6%
22-24
€7k
-41.8%
22-24
€6k
-39.1%
22-24
€546
0.0%
22-24
€9k
+38.7%
22-24
€8k
+47.4%
22-24
€1k
0.0%
22-24
1.77
-38.1%
22-24
1.70
-38.0%
22-24
42.5%
-33.4%
22-24
1.35
+138.2%
22-24
-71.7%
-200.6%
22-24
-30.5%
-100.3%
22-24
-71.07
-140.7%
22-24
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema |
| Revenue | - | - | - |
| EBITDA | €-4k | €-2k | €-1k |
| Net profit | €-5k | €-3k | €-2k |
| Cash flow | €-4k | €-2k | €-787 |
| Staff costs | €546 | €546 | €546 |
| Income taxes | - | - | - |
| Dividends | - | - | - |
| Total assets | €16k | €18k | €21k |
| Equity | €7k | €12k | €14k |
| Debt | €9k | €7k | €6k |
| of which ≤ 1y | €8k | €5k | €5k |
| of which > 1y | €1k | €1k | €1k |
| Working capital | €6k | €10k | €12k |
| Employees (FTE) | - | - | - |
Ratios (computed)
| 2024 | 2023 | 2022 | |
|---|---|---|---|
| Current ratio | 1.77 | 2.86 | 3.26 |
| Quick ratio | 1.70 | 2.74 | 3.15 |
| Working capital ratio | 38.3% | 55.0% | 56.9% |
| Solvency | 42.5% | 63.7% | 69.0% |
| Debt / equity | 1.35 | 0.57 | 0.45 |
| Long-term debt ratio | 0.18 | 0.10 | 0.08 |
| Interest coverage | -71.07 | -29.53 | -21.05 |
| Gross margin | - | - | - |
| Net margin | - | - | - |
| ROA | -30.5% | -15.2% | -8.3% |
| ROE | -71.7% | -23.9% | -12.0% |
| EBITDA margin | - | - | - |
| Days sales outstanding | - | - | - |
| Days payable outstanding | - | - | - |
| Inventory turnover | - | - | - |
| Days inventory (DSI) | - | - | - |
Balance-sheet composition 2024
Full annual accounts (22 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Balance sheet, Assets | ||||
| TOTAL ASSETS | 20/58 | €16k | €18k | €21k |
| Fixed assets | 21/28 | €2k | €3k | €4k |
| Tangible fixed assets | 22/27 | €2k | €3k | €4k |
| Current assets | 29/58 | €14k | €15k | €17k |
| Stocks & contracts in progress | 3 | €557 | €633 | €615 |
| Amounts receivable within one year | 40/41 | - | €2 | - |
| Cash & bank | 54/58 | €13k | €15k | €16k |
| Balance sheet, Equity & liabilities | ||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €16k | €18k | €21k |
| Equity | 10/15 | €7k | €12k | €14k |
| Contributions / capital | 10/11 | €19k | €19k | €19k |
| Accumulated profits (losses) | 14 | €-12k | €-7k | €-4k |
| Amounts payable | 17/49 | €9k | €7k | €6k |
| Amounts payable after one year | 17 | €1k | €1k | €1k |
| Amounts payable within one year | 42/48 | €8k | €5k | €5k |
| Trade debts payable within one year | 44 | €2k | - | - |
| Income statement | ||||
| Gross operating margin | 9900 | €-3k | €-578 | €-267 |
| Operating result | 9901 | €-5k | €-3k | €-2k |
| Financial income | 75 | €330 | €101 | €771 |
| Financial charges | 65 | €59 | €63 | €71 |
| Result before taxes | 9903 | €-5k | €-3k | €-2k |
| Net result for the period | 9904 | €-5k | €-3k | €-2k |
| Result to be appropriated | 9905 | €-5k | €-3k | €-2k |
Legal Structure
| NACE primary | Hairdressing and barber services(96210) |
| Legal form | Private limited company(610) |
| Incorporation | 24-03-1986 |
| Status | Active |
| Postal code | 9000 |
Establishment units
KAPSALON ROBERT
since 19862.032.211.564
Real-estate footprint
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44809I0770/00T003 | Flanders | 73 m² | 1 · 73 m² | 14.4 m · 4 fl. |
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
2025
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-5k
Net result drops to €-5k, the lowest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
10-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 41 days late
2019
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
23-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 23 days late
2017
12-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 43 days late
2016
04-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
93021Hairdressing96021Hairdressing and barber services96210
Names & trade names
| Legal nameNL | Kapsalon Robert |
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