Equity
€27,423 ▲ 9.1%
MAK & PINK paid out €6,000 in dividends. That is 72% of the 2025 profit.
MAK & PINK
Lifetime
10 annual accounts with figures on one time axispeak €101,697 (2025)
€101,697▲ 11.2%
lowest -€4,573 (2020)
€8,298▼ 23.6%
peak €30,599 (2022)
€27,423▲ 9.1%
€297,723▲ 954%
peak 1.5 FTE (2018)
-not published
Board2 names since 2015
2 directorsRasha Thiam and 1 other
Documentsfilings and deeds
30-09-202661 days late
2025micro format
Dividend €6,000Debts from €28,252 to €297,723Investments €254,804Cash from €35,464 to €12,881
Key points
from the 2025 annual accountsTurnover
≈ €180,000 estimated
The micro format states no turnover.
Debts
€297,723 92% of the balance sheet
Financial debts 62%Suppliers 6%Taxes and wages 4%Other 28%
Of this, €112,048 falls due within a year.
Investments
€257,243 43.2 × depreciation
Green is investment, beige is depreciation. Land and buildings stand 11701.0% higher than in 2024.
Liquidity
0.62 was 1.65 in 2024
Short-term debts rose from €28,252 to €112,048.
Filings
10 annual accounts 61 days
Latest accounts filed late: after the legal deadline.
Checked score
52
Fair
Financially stronger than 40% of micro companies in personal services (NACE 96)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.4% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 7,626 companies (NACE 96, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.0%
01-2025: 0.9%▼ -0.1 percentage points vs 12-2024
02-2025: 0.9%● unchanged vs 01-2025
03-2025: 0.9%● unchanged vs 02-2025
04-2025: 0.9%● unchanged vs 03-2025
05-2025: 0.9%● unchanged vs 04-2025
06-2025: 0.9%● unchanged vs 05-2025
07-2025: 0.9%● unchanged vs 06-2025
08-2025: 1.4%▲ +0.5 percentage points vs 07-2025
09-2025: 1.6%▲ +0.2 percentage points vs 08-2025
10-2025: 0.3%▼ -1.3 percentage points vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.2%▼ -0.1 percentage points vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026lowest value
07-2026: 0.5%▲ +0.3 percentage points vs 06-2026
08-2026: 0.9%▲ +0.4 percentage points vs 07-2026
09-2026: 1.3%▲ +0.4 percentage points vs 08-2026
10-2026: 2.4%▲ +1.1 percentage points vs 09-2026highest value
11-2026: 2.4%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Last filed accounts filed 61 days late; 2 of the last 3 accounts late
1 change of registered office in 24 months
Liquidity: current ratio 0.62, cash €12,881, halved
lowers risk
Founded in 2015
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 96, micro). It does better than 35% of them on solvency, 31% on liquidity, 37% on profitability and 56% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 1,375 companies had the same profile as MAK & PINK has now. Each dot stands for 4 companies, two years later.
95.9%
were still trading
1.6%
stopped another way
2.2%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of MAK & PINK itself: 2.4% within 12 months.
Test of the method
The method was tested on the 497,447 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 | 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 1,375 companies, not a prediction for MAK & PINK. 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
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.62 (1.65 in 2024), below 1. Short-term debt is 34.5% and cash 4% of total assets. 91.6% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 61 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
61 days late
2024
29 days late
2023
75 days late
2022
60 days late
2021
58 days late
2020
122 days late
2019
98 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 72 days after the deadline. In the sector (NACE 96), the median for financial year 2024 was on the deadline day, and 48% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 September (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered office moved within Mechelen
New registered office: Désiré Boucherystraat 5, 2800 Mechelen · Previous registered office: Veemarkt 10, 2800 Mechelen · General meeting of 01-03-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0633612908
Capital decrease of €12,400 to €8,060
Capital from €20,460 to €8,060 · Appointments: Rasha Thiam (director) and Marin Saltan (director) · Legal-form conversion: to private limited company · General meeting of 12-12-2023 · Gazette deed
Appointment: SALTAN Marin (manager)
General meeting of 20-11-2018 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MAK & PINK Mechelen | €325,146 | €101,697 | 8.4% | - |
| YALEMY Wommelgem | €319,419 | €73,543 | 45.3% | - |
| ACADEMY COIFFURE Hoegaarden | €326,951 | €116,706 | 33.7% | - |
| Karsel Kruisem | €317,416 | €126,405 | -2.0% | - |
| LIMESSENCE Meise | €347,960 | €80,015 | 61.0% | - |
| HIMOO Leuven | €307,843 | €79,634 | 26.2% | - |
| COIFFURE BIBOT Alexandre Ciney | €286,996 | €129,116 | 7.2% | - |
These companies have the same main activity as MAK & PINK: hairdressing and barber services (NACE 96210). They are comparable in size and age: total assets between €287,000 and €348,000, founded between 2015 and 2016.
Official details
Source: KBO- Status
- Active since 07-07-2015Normal situation
- Activity
- Hairdressing and barber servicesNACE 96210
- Joint committee
- 314Hairdressing and beauty care · annual accounts 2025
- Establishment unit
- 2.244.484.6812800 Mechelen, since 07-07-2015
- Financial year end
- 31 December
- Peppol
- Reachable since 18-03-2025
Insights on MAK & PINK
MAK & PINK files the micro format. That format states no turnover. The gross margin rose from €19,269 in 2016 to €101,697 in 2025.
The balance sheet grew most from 2023 to 2025 through fixed assets.
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 MAK & PINK
- What is the company number of MAK & PINK?
- The company number of MAK & PINK is 0633.612.908. The VAT number is the same number with BE in front: BE 0633.612.908.
- Where is MAK & PINK based?
- The registered office is at Désiré Boucherystraat 5, 2800 Mechelen.Company details
- What does MAK & PINK do?
- According to the KBO register, the main activity is hairdressing and barber services (NACE 96210).
- What is the legal form of MAK & PINK?
- MAK & PINK is a private limited company (BV).
- When was MAK & PINK founded?
- MAK & PINK was founded on 07-07-2015.
- Is MAK & PINK still active?
- Yes, MAK & PINK is an active enterprise in the KBO register.
- How many employees does MAK & PINK have?
- MAK & PINK had an average of 2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does MAK & PINK fall under?
- In its 2025 annual accounts, MAK & PINK states joint committee 314 (Hairdressing and beauty care).
- What is the turnover of MAK & PINK?
- The turnover in financial year 2025 is ≈ €180,000. This figure is estimated from the gross margin of €101,697 and 38 comparable companies (NACE 96). It probably lies between €130,000 and €210,000.
- Is MAK & PINK profitable?
- In financial year 2025, MAK & PINK made a profit of €8,298.
- Where can I find the annual accounts of MAK & PINK?
- MAK & PINK filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MAK & PINK due?
- MAK & PINK must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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