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KSIBA

Active Private limited company (pre-2019)founded 2009active for 17 yearsSteenweg op Jette 259, 1080 Molenbeek-Saint-JeanKBO/BCE: BE 0809.036.220

Lifetime

14 annual accounts with figures on one time axis
peak €1,969 (2014)
€1,384▲ 249%
lowest -€6,126 (2021)
€984▲ 148%
peak €10,949 (2017)
-€1,962▲ €984
€2,047▼ 43.1%
Board3 names since 2016
1 director
Documentsfilings and deeds
18-07-202613 days before the deadline
2025micro format
Gross margin from €397 to €1,384Result from €397 to €984Equity from -€2,946 to -€1,962Debts from €3,601 to €2,047Cash from €655 to €85

Key points

from the 2025 annual accounts

Equity

-€1,962
202020212022202320242025

Debts exceed assets in financial year 2025.

Filings

14 annual accounts since 2009
AprilJune31 JulyOctober2010201520202025

Four of the last ten came late. The 2022 accounts came latest: 30 days after the end of the period.

Position in the sector

-2298.4%

Lower solvency than 95% of companies in personal services. Sector median 26.7% · 6,266 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 3,633 companies had the same profile as KSIBA has now. Each dot stands for 10 companies, two years later.

91.8%
were still trading
4.8%
stopped another way
2.9%
went bankrupt
  • Micro
  • 10 to 20 years old
  • negative equity
  • a profit of 5% of the balance sheet or more

Another 0.4% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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 2.9% 3.1%
10 5.6% 6.1%

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 3,633 companies, not a prediction for KSIBA. 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.

Credit verdict

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

Signals

Board and ownership

Manager, since 01-04-2016
  • deed of 15-04-2016
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0809036220
Resignation: (director) General meeting of 10-09-2024 · Gazette deed
Appointment: (director) General meeting of 06-04-2022 · Gazette deed
Registered office moved within Brussels New registered office: CHAUSSEE DE JETTE, 259 à 1080 BRUXELLES · Previous registered office: AVENUE JEAN DEBRUCQ 1, 1080 BRUXELLES · Board meeting of 01-12-2018 · Gazette deed
All 27 events

Comparable companies

same main activity, similar in size and age
Company
KSIBA Molenbeek-Saint-Jean - - -2298.4% -
QUOIF 2 Forest - - -4487.0% -
BAK & CO Molenbeek-Saint-Jean - - -3172.2% -
FARY Molenbeek-Saint-Jean €4,757 71.8% -695.9% -
SACHA 3 Saint-Josse-ten-Noode €34,223 -7.8% -50571.9% -
ART & COIFFURE Brussels - - -21831.4% -
CENTRE DE BEAUTE ET DE FORMATION BY IHSAN FERG Anderlecht - - -2419.3% -

These companies have the same main activity as KSIBA: hairdressing and barber services (NACE 96210). They are comparable in size and age: total assets between €32 and €228, founded between 2001 and 2017.

Official details

Source: KBO
Status
Active since 13-01-2009Normal situation
Activity
Hairdressing and barber servicesNACE 96210
Establishment unit
2.178.051.7571080 Molenbeek-Saint-Jean, since 14-05-2009
Financial year end
31 December
Peppol
Reachable since 05-01-2026
Company details

Annual accounts 2025

≈ €9,400estimated
€85▼ 87.0%
Filing
Filed on 18-07-2026, 13 days before the end of the filing period
Financials

Insights on KSIBA

KSIBA files the micro format. That format states no turnover. The gross margin rose from -€56 in 2009 to €1,384 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about KSIBA

What is the company number of KSIBA?
The company number of KSIBA is 0809.036.220. The VAT number is the same number with BE in front: BE 0809.036.220.
Where is KSIBA based?
The registered office is at Steenweg op Jette 259, 1080 Molenbeek-Saint-Jean.Company details
What does KSIBA do?
According to the KBO register, the main activity is hairdressing and barber services (NACE 96210).
What is the legal form of KSIBA?
KSIBA is a private limited company (pre-2019) (BVBA).
When was KSIBA founded?
KSIBA was founded on 13-01-2009.
Is KSIBA still active?
Yes, KSIBA is an active enterprise in the KBO register.
What is the turnover of KSIBA?
The turnover in financial year 2025 is ≈ €9,400. This figure is estimated from the gross margin of €1,384 and 94 comparable companies (NACE 96210). It probably lies between €5,500 and €19,000. It is a rough estimate.Financials
Is KSIBA profitable?
In financial year 2025, KSIBA made a profit of €984.
Where can I find the annual accounts of KSIBA?
KSIBA filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of KSIBA due?
KSIBA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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