M-STYLE BEAUTY LOUNGE

Active

Private limited companyfounded 20205 yrs activeZaveldriesstraat 7, 3600 Genk, BelgiumKBO/BCE: BE 0754.871.618

The computed 12-month bankruptcy probability of M-STYLE BEAUTY LOUNGE is 2.0% (moderate). The 2024 annual accounts show equity of €5k and a net result of €-3k. Equity is growing by ~49.8% per year across the filed fiscal years. Its solvency ranks better than 45% of 6162 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

42 / 100

Weak

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability3▼-88

Solvency43▼-22

Growth78=

Track record94

Bankruptcy probability, 12 months

2.0% Moderate

0%0.5%1.5%4%10%≥ 25%

No publishable credit limit; credit only on tighter terms

Liquidity short (current ratio 0.98 against 1.64 in 2023; short-term debt: 81.8% and cash: 66.6% of total assets), and 81.8% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

18.2%

Return on assets

-12.8%

Age of the figures

21 mo

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-06-2025, 36 days ahead of the deadline.

NBB · 4 filings

Deviation from the deadline

2025

not confirmed

2024

36 d early

2023

34 d early

2022

38 d early

2021

33 d early

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€5k▼ 41.4%

2023 · €8k

2021: €1k 2022: €4k 2023: €8k

2021 → 2024

Total assets

€25k▲ 28.0%

2023 · €20k

2021: €11k 2022: €15k 2023: €20k

2021 → 2024

Net result

€-3k

2023 · €4k

2021: €-4k 2022: €3k 2023: €4k

2021 → 2024

Working capital

€-411

2023 · €8k

2021: €213 2022: €4k 2023: €8k

2021 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2021202220232024Trend

Equity€1k-€4k▲ 309%€8k▲ 82.2%€5k▼ 41.4%

Operating result€-5k-€-2k▲ 63.3%€3k€-4k

Net result€-4k-€3k€4k▲ 8.8%€-3k

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result turns negative in 2024: a loss of €4k after €3k in 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €25k

19.8%

80.2%

Fixed assets €5k▲ 2,686%

Current assets €20k▲ 3.7%

Equity and liabilities €25k

18.2%

81.8%

Equity €5k▼ 41.4%

Debt €21k▲ 73.7%

The debt ratio rises from 60.3% to 81.8%. Equity is lower and debt is higher.

Key figures and ratios

2024 value · change against 2023

EBITDA

€-3k▼

2023 · €3k

Cash flow

€-3k▼

2023 · €4k

Solvency

18.2%▼

2023 · 39.7%

Current ratio

0.98▼

2023 · 1.64

Quick ratio

0.93▼

2023 · 1.56

Debt / equity

4.51▲

2023 · 1.52

ROE

-70.7%▼

2023 · 45.1%

ROA

-12.8%▼

2023 · 17.9%

Interest coverage

-10.20▼

2023 · 11.36

Debt

€21k▲

2023 · €12k

Debt ≤ 1 year

€21k▲

2023 · €12k

Staff costs

€3k▲

2023 · €131

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€20k€25k▲

Fixed assets21/28€181€5k▲

Tangible fixed assets22/27€181€5k▲

Plant, machinery and equipment23€181€3k▲

Furniture and vehicles24-€2k

Current assets29/58€20k€20k▲

Stocks and contracts in progress3€1k€975▼

Stocks30/36€1k€975▼

Amounts receivable within one year40/41-€3k

Other amounts receivable41-€3k

Cash at bank and in hand54/58€19k€17k▼

Equity and liabilities

Total equity and liabilities10/49€20k€25k▲

Equity10/15€8k€5k▼

Contributions10/11€5k€5k=

Outside capital11€5k€5k=

Share premium1100/10€5k€5k=

Reserves13€3k€3k=

Distributable reserves133€3k€3k=

Profit (loss) carried forward14-€-3k

Amounts payable17/49€12k€21k▲

Amounts payable within one year42/48€12k€21k▲

Trade debts44€112€2k▲

Suppliers440/4€112€2k▲

Taxes, remuneration and social security45€11k€12k▲

Taxes450/3€4k€7k▲

Remuneration and social security454/9€7k€4k▼

Other amounts payable47/48€585€7k▲

Income statement Code20232024

Remuneration, social security and pensions62€131€3k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€333€687▲

Other operating charges640/8€446€474▲

Gross operating margin9900€4k€779▼

Operating profit (loss)9901€3k€-4k▼

Financial income75/76B€1k€560▼

Recurring financial income75€1k€560▼

Financial charges65/66B€305€281▼

Recurring financial charges65€305€281▼

Profit (loss) for the period before taxes9903€4k€-3k▼

Income taxes67/77€305-

Profit (loss) for the period9904€4k€-3k▼

Profit (loss) for the period to be appropriated9905€4k€-3k▼

Appropriation of the result

Profit (loss) to be appropriated9906€3k€-3k▼

Profit (loss) brought forward from the previous period14P€-665-

Transfer to equity691/2€3k-

To other reserves6921€3k-

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 6Financial 2Filings 4

2025

25-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

27-06

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

31-12

Financial Highest result since 2021net €4k ▲8.8%

Operating result €3k, net result €4k, both a record.

23-06

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

31-12

Financial Back to profitnet €3k

Net result €3k after one loss-making year.

28-06

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.

Location & real-estate footprint

Registered office, Genk · 1 establishment unit since 2020

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Zaveldriesstraat 73600 Genk

Ground area

357 m²

Building footprint

123 m²

Volume, LiDAR

788 m³

Parcel 71302A0032/00R012, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

M-STYLE BEAUTY LOUNGE

Zaveldriesstraat 7, 3600 GenkRetail trade

since 20202.307.763.325

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
71302A0032/00R012	Flanders	356 m²	1 · 123 m²	9.5 m · 2 fl.

Linked by address, not proof of ownership

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.

Public money · subsidies and aid

Flemish government

2024 · 1 entry · 1,000 EUR awarded · 1,000 EUR paid

Year	Entries	awarded	paid
2024	1	1,000 EUR	1,000 EUR

Schemes

Premie kwalificerend werkplekleren

1 entry · 1,000 EUR · 1,000 EUR paid · Departement Werk en Sociale Economie

Recognitions · licences · registrations

Dual-learning approval

3 ended

Similar companies · same sector, comparable size

Of 21,750 companies in sector 96210 we hold annual accounts for 2,832. 1,943 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded24-09-2020

Fiscal year end31-12

Activities, NACEBEL

96021Hairdressing

96210Hairdressing and barber services

Sources

Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.