Equity
Debts exceed assets in financial year 2025.
Debts exceed assets in financial year 2025.
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
Short-term debts rose from €31,244 to €161,414.
Less equity than 88% of companies in personal services. Sector median €14,713 · 6,274 companies.
In July 2024, 1,556 companies had the same profile as MAR-HAR has now. Each dot stands for 4 companies, two years later.
Another 0.3% stopped without a precise date, possibly only after those two years.
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.
| 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 1,556 companies, not a prediction for MAR-HAR. 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.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| MAR-HAR Kraainem | €131,991 | -€3,473 | -22.3% | - |
| ILONKA BEAUTY SPA Grimbergen | €117,899 | -€2,074 | -18.0% | - |
| PECUSO Lanaken | €96,815 | -€48,837 | -88.6% | - |
| OMBRE BEAUTY Hasselt | €141,126 | -€8,374 | -13.4% | - |
| PURE NOE Beernem | €150,339 | -€18,488 | -20.9% | - |
| Beauty Shock Roeselare | €112,671 | -€19,868 | -26.8% | - |
| SJ LIBERTY Grez-Doiceau | €108,895 | -€13,856 | -23.2% | - |
These companies have the same main activity as MAR-HAR: beauty care and other beauty treatments (NACE 96220). They are comparable in size and age: total assets between €96,800 and €150,000, founded between 2022 and 2024.
The 2025 annual accounts show negative equity (-€29,422) and a net result of -€3,780. Its solvency ranks better than 23% of 6,259 sector peers (NACE 96, financial year 2025).
The company has been active since 2023 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 2 administrative register entries.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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