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KRIZIA

Active
Private limited companyfounded 1995active for 31 yearsRue des Clarisses 34, 4000 Liège, BelgiumKBO/BCE: BE 0454.802.613

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 29-06-2026 at the NBB all 31 filings

Turnover
€0
2024 · €0
EBIT margin
-3.0%▼ 4.0pp
2022 · 1.0%
Net result
-€18,919
2024 · €5,656
Working capital
-€22,159▼ 1,281%
2024 · -€1,604
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result for 2025 is a loss of €16,591, after a profit of €9,163 in 2024. It is the lowest result since 2021.

Turnover€0 2025 Operating result-€16,591 2025 Net result-€18,919 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Personal service activities (NACE 96). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Turnover€307,573-€325,306▲ 5.8%€210,658▼ 35.2%€301,574▲ 43.2%€347,516▲ 15.2%€359,085▲ 3.3%€0▼ 100%€0
Operating result-€11,086-€13,260€18,771▲ 41.6%€54,463▲ 190%€3,553▼ 93.5%-€10,626€9,163-€16,591
Net result-€14,108-€11,282€17,019above the sector's middle half▲ 50.9%€46,474above the sector's middle half▲ 173%€1,360within the sector's middle half▼ 97.1%-€14,112below the sector's middle half€5,656within the sector's middle half-€18,919below the sector's middle half
EBIT margin-3.6%-4.1%▲ 7.7pp8.9%▲ 4.8pp18.1%▲ 9.1pp1.0%▼ 17.0pp-3.0%▼ 4.0pp
Equity-€33,319--€22,037▲ 33.9%-€5,018within the sector's middle half▲ 77.2%€41,455within the sector's middle half€42,816within the sector's middle half▲ 3.3%€28,704within the sector's middle half▼ 33.0%€23,359within the sector's middle half▼ 18.6%€4,441within the sector's middle half▼ 81.0%
Total assets€10,259-€16,742▲ 63.2%€18,417below the sector's middle half▲ 10.0%€93,807within the sector's middle half▲ 409%€108,428within the sector's middle half▲ 15.6%€95,949within the sector's middle half▼ 11.5%€98,591within the sector's middle half▲ 2.8%€71,681within the sector's middle half▼ 27.3%
Debt€43,578-€38,779▼ 11.0%€23,436▼ 39.6%€52,352▲ 123%€65,613▲ 25.3%€67,245▲ 2.5%€75,232▲ 11.9%€67,240▼ 10.6%
Working capital-€37,471--€19,827▲ 47.1%-€10,076within the sector's middle half▲ 49.2%€32,241above the sector's middle half€33,618above the sector's middle half▲ 4.3%-€803within the sector's middle half-€1,604within the sector's middle half▼ 99.7%-€22,159below the sector's middle half▼ 1,281%
Solvency-324.8%--131.6%▲ 193.1pp-27.2%below the sector's middle half▲ 104.4pp44.2%within the sector's middle half▲ 71.4pp39.5%within the sector's middle half▼ 4.7pp29.9%within the sector's middle half▼ 9.6pp23.7%within the sector's middle half▼ 6.2pp6.2%within the sector's middle half▼ 17.5pp
Current ratio0.14-0.44▲ 0.300.57within the sector's middle half▲ 0.131.62within the sector's middle half▲ 1.051.61within the sector's middle half=0.98within the sector's middle half▼ 0.630.97within the sector's middle half▼ 0.010.56within the sector's middle half▼ 0.41
Return on assets (ROA)-137.5%-67.4%▲ 204.9pp92.4%above the sector's middle half▲ 25.0pp49.5%above the sector's middle half▼ 42.9pp1.3%within the sector's middle half▼ 48.3pp-14.7%below the sector's middle half▼ 16.0pp5.7%within the sector's middle half▲ 20.4pp-26.4%below the sector's middle half▼ 32.1pp
Staff (FTE)4.3-4▼ 7.0%4.4above the sector's middle half▲ 10.0%5.9▲ 34.1%5.3▼ 10.2%4.8▼ 9.4%4.1▼ 14.6%4.7▲ 14.6%
above within below The sector band is the middle half of the companies in Personal service activities (NACE 96). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €71,681
Fixed assets €43,894 ▼ 5.3%
Current assets €27,786 ▼ 46.8%
Equity and liabilities €71,681
Equity €4,441 ▼ 81.0%
Debt €67,240 ▼ 10.6%
Debt's share of the balance-sheet total rises from 76.3% to 93.8%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€3,135▼
2024 · €21,952
Cash flow
-€5,463▼
2024 · €18,444
Quick ratio
0.41▼
2024 · 0.78
Debt to equity
15.14▲
2024 · 3.22
ROE
-426.0%▼
2024 · 24.2%
Interest coverage
-1.24▼
2024 · 6.83
Debt ≤ 1 year
€49,946▼
2024 · €53,853
Debt > 1 year
€13,020▼
2024 · €21,379
Staff costs
€205,213▲
2024 · €192,269
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Staff

social balance sheet
Item31-12-202131-12-202231-12-202331-12-202431-12-2025
Employees at the balance-sheet date65555
full-time65544
part-time---11
in full-time equivalents6554.74.7
Average over the year, in full-time equivalents5.95.34.84.14.7
On a permanent contract54433
Joined1012-
Left0112-
Training hours--1,040944352

Source: social balance sheet in the 2021 to 2025 annual accounts

Investments

fixed assets acquired
Item20212022202320242025
Tangible fixed assets€5,326€13,141€51,480-€11,007
Depreciation and write-downs of the year€1,169€2,444€12,260€12,788€13,456

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Comparable companies

These companies have the same main activity as KRIZIA: hairdressing and barber services (NACE 96210). They are comparable in size and age: total assets between €55,700 and €88,200, founded between 1990 and 1999.

CompanyFoundedTotal assetsEquityGross marginTurnoverNet resultFTEFinancial year
KRIZIA Liège1995€71,681€4,441€204,079€0-€18,919-2025
DIFFUSION COIFFURE Juprelle1995€61,026-€68,303€179,845--€23,441-2025
LES COIFFEURS JEAN-MARIE Court-Saint-Etienne1990€73,042-€34,646€234,473-€4,620-2025
SSC Two Bonheiden1999€74,630€29,608€179,772-€24,8243.72025
LOU-RENZO Namur1991€82,725€7,697€174,274--€8,2344.12025
J.J.D. Koksijde1996€88,191-€90,397€173,174--€9,262-2025
SJAMPOO Mechelen1994€55,693€31,383€178,093-€7,833-2025

They were chosen from the 3,277 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 540 companies had the same profile as KRIZIA has now. Two years later, 5.2% had gone bankrupt and 85.9% were still going.

  • Micro
  • 20 years or older
  • solvency under 10%
  • a loss of 10% of the balance sheet or more
5.2% went bankrupt
8.3% stopped otherwise
85.9% was still going

Another 0.6% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of KRIZIA itself is lower: 0.5% within 12 months. It rests on far more data about KRIZIA than the profile alone.

Test of the method

The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 540 companies, not a prediction for KRIZIA. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 55 lines

Source: Annual accounts 2025 at the NBB, filed on 29-06-2026.

Balance sheet Code20242025
Assets
Total assets20/58€98,591€71,681▼
Fixed assets21/28€46,343€43,894▼
Tangible fixed assets22/27€46,157€43,708▼
Land and buildings22€9,313€8,157▼
Plant, machinery and equipment23€1,854€714▼
Furniture and vehicles24€347€0▼
Leasing and similar rights25€28,671€19,269▼
Other tangible fixed assets26€5,971€15,569▲
Financial fixed assets28€186€186=
Current assets29/58€52,248€27,786▼
Stocks and contracts in progress3€10,196€7,219▼
Stocks30/36€10,196€7,219▼
Amounts receivable within one year40/41€9,094€717▼
Trade receivables40€2,050€0▼
Other amounts receivable41€7,044€717▼
Cash at bank and in hand54/58€29,406€16,098▼
Deferred charges and accrued income490/1€3,553€3,752▲
Equity and liabilities
Total equity and liabilities10/49€98,591€71,681▼
Equity10/15€23,359€4,441▼
Contributions10/11€20,452€20,452=
Reserves13€0-
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Profit (loss) carried forward14€2,907-€16,011▼
Amounts payable17/49€75,232€67,240▼
Amounts payable after more than one year17€21,379€13,020▼
Financial debts170/4€21,379€13,020▼
Amounts payable within one year42/48€53,853€49,946▼
Current portion of amounts payable after more than one year42€12,814€12,625▼
Trade debts44€8,845€8,322▼
Suppliers440/4€8,845€8,322▼
Taxes, remuneration and social security45€21,194€28,999▲
Taxes450/3€8,380€15,219▲
Remuneration and social security454/9€12,813€13,779▲
Other amounts payable47/48€11,000€0▼
Accrued charges and deferred income492/3-€4,274
Income statement Code20242025
Turnover70€0€0=
Goods, raw materials, services and sundry goods60/61€0€0=
Remuneration, social security and pensions62€192,269€205,213▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,788€13,456▲
Other operating charges640/8€1,252€2,001▲
Gross operating margin9900€215,472€204,079▼
Operating profit (loss)9901€9,163-€16,591▼
Financial income75/76B€225€196▼
Recurring financial income75€225€196▼
Financial charges65/66B€3,212€2,524▼
Recurring financial charges65€3,212€2,524▼
Profit (loss) for the period before taxes9903€6,176-€18,919▼
Income taxes67/77€520-
Profit (loss) for the period9904€5,656-€18,919▼
Profit (loss) for the period to be appropriated9905€5,656-€18,919▼
Appropriation of the result
Profit (loss) to be appropriated9906€13,907-€16,011▼
Profit (loss) brought forward from the previous period14P€8,252€2,907▼
Profit to be distributed694/7€11,000-
Return on contributions (dividend)694€11,000-

The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line20182019202020212022202320242025Change
Turnover70€307,573€325,306€210,658€301,574€347,516€359,085€0€0-
Non-recurring operating income76A-----€12,975---
Goods, raw materials, services and sundry goods60/61---€137,727€165,646€175,978€0€0-
Remuneration, social security and pensions62---€129,528€196,378€206,957€192,269€205,213▲ 6.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,194€3,285€619€1,169€2,444€12,260€12,788€13,456▲ 5.2%
Other operating charges640/8---€1,109€666€3,728€1,252€2,001▲ 59.8%
Gross operating margin9900€142,908€166,134€129,869€186,268€203,041€212,319€215,472€204,079▼ 5.3%
Operating profit (loss)9901-€11,086€13,260€18,771€54,463€3,553-€10,626€9,163-€16,591-
Financial income75/76B---€87€33€145€225€196▼ 12.8%
Recurring financial income75€306€632€0€87€33€145€225€196▼ 12.8%
Non-recurring financial income76B----€33----
Financial charges65/66B---€1,050€858€3,017€3,212€2,524▼ 21.4%
Recurring financial charges65€2,937€2,073€884€750€858€3,010€3,212€2,524▼ 21.4%
Non-recurring financial charges66B---€300-€6---
Profit (loss) for the period before taxes9903-€13,569€11,819€17,459€53,500€2,728-€13,497€6,176-€18,919-
Income taxes67/77€538€538€440€7,026€1,368€614€520--
Profit (loss) for the period9904-€14,108€11,282€17,019€46,474€1,360-€14,112€5,656-€18,919-
Profit (loss) for the period to be appropriated9905-€14,108€11,282€17,019€46,474€1,360-€14,112€5,656-€18,919-
Line20182019202020212022202320242025Change
Assets
Total assets20/58€10,259€16,742€18,417€93,807€108,428€95,949€98,591€71,681▼ 27.3%
Fixed assets21/28€4,152€867€5,058€9,214€19,912€59,132€46,343€43,894▼ 5.3%
Tangible fixed assets22/27€3,966€681€4,872€9,028€19,726€58,946€46,157€43,708▼ 5.3%
Land and buildings22---€149€6,951€10,470€9,313€8,157▼ 12.4%
Plant, machinery and equipment23---€5,472€4,266€3,060€1,854€714▼ 61.5%
Furniture and vehicles24---€651€651€460€347€0▼ 100%
Leasing and similar rights25-----€38,074€28,671€19,269▼ 32.8%
Other tangible fixed assets26---€2,757€7,857€6,882€5,971€15,569▲ 161%
Financial fixed assets28€186€186€186€186€186€186€186€186=
Current assets29/58€6,107€15,875€13,360€84,592€88,517€36,817€52,248€27,786▼ 46.8%
Stocks and contracts in progress3€1,046€4,042€6,179€12,498€10,624€11,243€10,196€7,219▼ 29.2%
Stocks30/36---€12,498€10,624€11,243€10,196€7,219▼ 29.2%
Amounts receivable within one year40/41€3,190€11,833€6,633€2,003€4,086€913€9,094€717▼ 92.1%
Trade receivables40---€0€0€0€2,050€0▼ 100%
Other amounts receivable41---€2,003€4,086€913€7,044€717▼ 89.8%
Cash at bank and in hand54/58€0€0-€70,038€72,518€24,661€29,406€16,098▼ 45.3%
Deferred charges and accrued income490/1---€53€1,289€0€3,553€3,752▲ 5.6%
Equity and liabilities
Total equity and liabilities10/49€10,259€16,742€18,417€93,807€108,428€95,949€98,591€71,681▼ 27.3%
Equity10/15-€33,319-€22,037-€5,018€41,455€42,816€28,704€23,359€4,441▼ 81.0%
Contributions10/11€18,592€18,592-€18,592€18,592€18,592€20,452€20,452=
Reserves13€1,860€1,860€1,860€1,860€1,860€1,860€0--
Non-distributable reserves130/1---€1,860€1,860-€0--
Reserves not available under the articles1311---€1,860€1,860-€0--
Distributable reserves133-----€1,860---
Profit (loss) carried forward14-€53,771-€42,489-€25,470€21,003€22,364€8,252€2,907-€16,011-
Amounts payable17/49€43,578€38,779€23,436€52,352€65,613€67,245€75,232€67,240▼ 10.6%
Amounts payable after more than one year17----€9,425€29,624€21,379€13,020▼ 39.1%
Financial debts170/4----€9,425€29,624€21,379€13,020▼ 39.1%
Amounts payable within one year42/48€43,578€35,701€23,436€52,352€54,899€37,621€53,853€49,946▼ 7.3%
Current portion of amounts payable after more than one year42---€0€2,935€7,554€12,814€12,625▼ 1.5%
Trade debts44€14,874€9,922€0€19,793€12,981€9,011€8,845€8,322▼ 5.9%
Suppliers440/4---€19,793€12,981€9,011€8,845€8,322▼ 5.9%
Taxes, remuneration and social security45---€32,559€38,983€21,056€21,194€28,999▲ 36.8%
Taxes450/3---€13,027€14,989€7,035€8,380€15,219▲ 81.6%
Remuneration and social security454/9---€19,532€23,994€14,022€12,813€13,779▲ 7.5%
Other amounts payable47/48------€11,000€0▼ 100%
Accrued charges and deferred income492/3----€1,289€0-€4,274-
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€14,108€11,282€17,019€46,474€1,360-€14,112€5,656-€18,919-
+ Depreciation and write-downs630€4,194€3,285€619€1,169€2,444€12,260€12,788€13,456▲ 5.2%
Operating cash flow (approximation)-€9,914€14,567€17,638€47,643€3,804-€1,852€18,444-€5,463-
Investment in fixed assets (approximation)-€0-€4,809-€5,326-€13,141-€51,480€0-€11,007-
Change in cash-€0--€2,480-€47,856€4,745-€13,308-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Latest 10 of 31 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 29-06-2026 2026-00236704 NBB
31-12-2024 micro format 17-07-2025 2025-00295674 PDF
31-12-2023 micro format 03-07-2024 2024-00205538 PDF
31-12-2022 micro format 25-09-2023 2023-00454603 PDF
31-12-2021 micro format 29-09-2022 2022-20451977 PDF
31-12-2020 micro format 07-09-2021 2021-66700151 PDF
31-12-2019 micro format 04-09-2020 2020-51200483 PDF
31-12-2018 micro format 10-09-2019 2019-64000377 PDF
31-12-2017 micro format 18-07-2018 2018-35100534 PDF
31-12-2016 micro format 17-08-2017 2017-44300360 PDF

Show all 31 filings

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