Equity
€117,928 ▲ 15.8%
KWAFFEUR has made a profit in every financial year since 2021.
KWAFFEUR
Lifetime
5 annual accounts with figures on one time axispeak €92,876 (2024)
€72,677▼ 21.7%
peak €29,700 (2022)
€16,081▼ 21.6%
peak €117,928 (2025)
€117,928▲ 15.8%
€230,072▼ 19.1%
Board2 names since 2020
1 director
Documentsfilings and deeds
29-08-202629 days late
2025micro format
Gross margin from €92,876 to €72,677Equity from €101,847 to €117,928Debts from €284,309 to €230,072Cash from €5,130 to €11,067
Key points
from the 2025 annual accountsTurnover
≈ €180,000 estimated
The micro format states no turnover.
Staff
1 employees on 31-12-2025
In 2025, 1 person joined and 2 left.
Liquidity
2.68 was 1.55 in 2024
Short-term debts fell from €69,009 to €37,709.
Filings
5 annual accounts 4 late
The 2023 accounts came latest: 59 days after the end of the period.
Position in the sector
€117,928
More equity than 84% of companies in personal services. Sector median €14,713 · 6,274 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 5,047 companies had the same profile as KWAFFEUR has now. Each dot stands for 13 companies, two years later.
94.0%
were still trading
3.8%
stopped another way
2.2%
went bankrupt
Test of the method
The method was tested on the 497,331 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.
| 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 5,047 companies, not a prediction for KWAFFEUR. 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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Signals
Board and ownership
Director
- 50 sharesdeed of 13-08-2020
- 50 sharesdeed of 13-08-2020
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0751989134
Registered office moved from Ghent to Merelbeke
New registered office: Molenstraat 43, 9820 Merelbeke · Previous registered office: Gebroeders Vandeveldestraat 52 bus 1, 9000 Gent · Board meeting of 15-08-2024 · Gazette deed
Registered office moved from Wetteren to Ghent
New registered office: Gebroeders Vandeveldestraat 52/001, 9000 Gent · Previous registered office: Collegiebaan 46, 9230 Wetteren · Resignation: (director) · General meeting of 30-09-2021 · Gazette deed
Incorporation
Founding capital of €4,000, 100 shares · Founders: and · Appointments: (director) and (director) · published on 13-08-2020 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| KWAFFEUR Merelbeke-Melle | €348,000 | €72,677 | 33.9% | - |
| SALLORA Sint-Niklaas | €332,328 | €75,057 | 30.0% | - |
| Styliz’Hair Mechelen | €364,160 | €59,011 | 33.2% | - |
| SOULMATES2007 De Haan | €353,355 | €67,693 | 16.6% | - |
| Goku Beveren-Kruibeke-Zwijndrecht | €249,356 | €88,670 | 16.2% | - |
| Hairlounge Marlies Ghent | €242,573 | €73,798 | 41.8% | - |
| Van Raemdonck Hair Temse | €341,084 | €101,865 | 5.0% | - |
These companies have the same main activity as KWAFFEUR: hairdressing and barber services (NACE 96210). They are comparable in size and age: total assets between €243,000 and €364,000, founded between 2018 and 2021.
Official details
Source: KBO- Status
- Active since 11-08-2020Normal situation
- Activity
- Hairdressing and barber servicesNACE 96210
- Joint committee
- 314Hairdressing and beauty care · annual accounts 2025
- Establishment unit
- 2.306.817.1789820 Merelbeke-Melle, since 11-08-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 27-05-2025
Annual accounts 2025
- €348,000▼ 9.9%
- Employeeson 31-12-2025
- 1▼ 50.0%
- Filing
- Filed on 29-08-2026
Insights on KWAFFEUR
KWAFFEUR files the micro format. That format states no turnover. The gross margin fell from €72,965 in 2021 to €72,677 in 2025.
The balance sheet grew most from 2023 to 2024 through fixed assets, financed with long-term debt.
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 KWAFFEUR
- What is the company number of KWAFFEUR?
- The company number of KWAFFEUR is 0751.989.134. The VAT number is the same number with BE in front: BE 0751.989.134.
- Where is KWAFFEUR based?
- The registered office is at Molenstraat 43, 9820 Merelbeke-Melle.Company details
- What does KWAFFEUR do?
- According to the KBO register, the main activity is hairdressing and barber services (NACE 96210).
- What is the legal form of KWAFFEUR?
- KWAFFEUR is a private limited company (BV).
- When was KWAFFEUR founded?
- KWAFFEUR was founded on 11-08-2020.
- Is KWAFFEUR still active?
- Yes, KWAFFEUR is an active enterprise in the KBO register.
- How many employees does KWAFFEUR have?
- KWAFFEUR had an average of 0.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does KWAFFEUR fall under?
- In its 2025 annual accounts, KWAFFEUR states joint committee 314 (Hairdressing and beauty care).
- What is the turnover of KWAFFEUR?
- The turnover in financial year 2025 is ≈ €180,000. This figure is estimated from the gross margin of €72,677 and 34 comparable companies (NACE 962). It probably lies between €140,000 and €210,000.
- Is KWAFFEUR profitable?
- In financial year 2025, KWAFFEUR made a profit of €16,081.
- Where can I find the annual accounts of KWAFFEUR?
- KWAFFEUR filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of KWAFFEUR due?
- KWAFFEUR must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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