Skip to content

MES ANGES

Active
Private limited company (pre-2019)founded 2008active for 18 yearsReigersvlietstraat 35, 1040 Etterbeek, BelgiumKBO/BCE: BE 0806.899.448
Summary

MES ANGES has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7,272 and a net result of -€3,127. Equity is growing by about 18% per year across the filed financial years. Its solvency ranks better than 36% of 1,327 sector peers (NACE 96, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Financials · financial year 2025, abbreviated format

2025 annual accounts filed late (29 days) Filed on 29 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00450168.

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€3,127
2024 · €10,045
Working capital
€3,256▼ 55.5%
2024 · €7,322
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result turns negative in 2025: a loss of €2,989 after €11,619 in 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€2,989 2025 Net result-€3,127 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 96, Personal service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€933-€3,003▲ 222%-€3,875€1,894-€6,264€1,296€11,619▲ 796%-€2,989
Net result€544-€2,837▲ 422%-€89within the sector's middle half€1,533within the sector's middle half-€6,489below the sector's middle half€1,015within the sector's middle half€10,045within the sector's middle half▲ 890%-€3,127within the sector's middle half
Equity€1,549-€4,386▲ 183%€4,297within the sector's middle half▼ 2.0%€5,829within the sector's middle half▲ 35.7%-€660within the sector's middle half€355within the sector's middle half€10,399within the sector's middle half▲ 2,831%€7,272within the sector's middle half▼ 30.1%
Total assets€6,560-€9,392▲ 43.2%€8,370below the sector's middle half▼ 10.9%€12,926below the sector's middle half▲ 54.4%€16,824below the sector's middle half▲ 30.2%€11,969below the sector's middle half▼ 28.9%€39,658within the sector's middle half▲ 231%€45,087below the sector's middle half▲ 13.7%
Debt€5,012-€5,006▼ 0.1%€4,074▼ 18.6%€7,097▲ 74.2%€17,484▲ 146%€11,614▼ 33.6%€29,258▲ 152%€37,815▲ 29.2%
Working capital-€518-€530€1,060within the sector's middle half▲ 100%€4,339within the sector's middle half▲ 309%-€2,403within the sector's middle half-€3,175within the sector's middle half▼ 32.1%€7,322within the sector's middle half€3,256within the sector's middle half▼ 55.5%
Solvency23.6%-46.7%▲ 23.1pp51.3%within the sector's middle half▲ 4.6pp45.1%within the sector's middle half▼ 6.2pp-3.9%within the sector's middle half▼ 49.0pp3.0%within the sector's middle half▲ 6.9pp26.2%within the sector's middle half▲ 23.3pp16.1%within the sector's middle half▼ 10.1pp
Current ratio0.74-1.11▲ 0.371.26within the sector's middle half▲ 0.152.04within the sector's middle half▲ 0.780.85within the sector's middle half▼ 1.190.73within the sector's middle half▼ 0.121.25within the sector's middle half▲ 0.521.09within the sector's middle half▼ 0.16
Return on assets (ROA)8.3%-30.2%▲ 21.9pp-1.1%within the sector's middle half▼ 31.3pp11.9%within the sector's middle half▲ 12.9pp-38.6%below the sector's middle half▼ 50.4pp8.5%within the sector's middle half▲ 47.1pp25.3%above the sector's middle half▲ 16.8pp-6.9%below the sector's middle half▼ 32.3pp
Staff (FTE)0.31below the sector's middle half▲ 233%
above within below the middle half of NACE 96, Personal service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €45,087
Fixed assets €4,016 ▲ 30.5%
Current assets €41,071 ▲ 12.3%
Equity and liabilities €45,087
Equity €7,272 ▼ 30.1%
Debt €37,815 ▲ 29.2%
Debt's share of the balance-sheet total rises from 73.8% to 83.9%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€1,726▼
2024 · €12,327
Cash flow
-€1,864▼
2024 · €10,753
Quick ratio
1.04▼
2024 · 1.22
Debt to equity
5.20▲
2024 · 2.81
ROE
-43.0%▼
2024 · 96.6%
Interest coverage
-12.54▼
2024 · 70.52
Debt ≤ 1 year
€37,815▲
2024 · €29,258
Staff costs
€7,805▲
2024 · €4,455
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,165 companies that looked in July 2024 the way this one looks now, 2.6% went bankrupt within 24 months and 94.1% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 10 to 30%
  • a small loss
2.6% went bankrupt
3.0% stopped otherwise
94.1% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,470 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,165 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet Code20242025
Assets
Total assets20/58€39,658€45,087▲
Fixed assets21/28€3,078€4,016▲
Tangible fixed assets22/27€548€1,487▲
Furniture and vehicles24€548€1,487▲
Financial fixed assets28€2,529€2,529=
Current assets29/58€36,580€41,071▲
Stocks and contracts in progress3€935€1,856▲
Stocks30/36€935€1,856▲
Amounts receivable within one year40/41€30,638€34,371▲
Trade receivables40€29,038€33,704▲
Other amounts receivable41€1,600€667▼
Cash at bank and in hand54/58€5,007€3,630▼
Deferred charges and accrued income490/1-€1,214
Equity and liabilities
Total equity and liabilities10/49€39,658€45,087▲
Equity10/15€10,399€7,272▼
Contributions10/11€6,400€6,400=
Contributions outside capital11€6,400€6,400=
Other1109/19€6,400€6,400=
Profit (loss) carried forward14€3,999€872▼
Amounts payable17/49€29,258€37,815▲
Amounts payable within one year42/48€29,258€37,815▲
Trade debts44€17,972€26,773▲
Suppliers440/4€17,972€26,773▲
Taxes, remuneration and social security45€11,286€8,926▼
Taxes450/3€5,951€4,320▼
Remuneration and social security454/9€5,335€4,606▼
Other amounts payable47/48-€2,116
Income statement Code20242025
Non-recurring operating income76A-€4,545
Remuneration, social security and pensions62€4,455€7,805▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€708€1,263▲
Other operating charges640/8€786€376▼
Gross operating margin9900€17,568€6,455▼
Operating profit (loss)9901€11,619-€2,989▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€925€138▼
Recurring financial charges65€175€138▼
Non-recurring financial charges66B€750-
Profit (loss) for the period before taxes9903€10,694-€3,127▼
Income taxes67/77€650-
Profit (loss) for the period9904€10,045-€3,127▼
Profit (loss) for the period to be appropriated9905€10,045-€3,127▼
Appropriation of the result
Profit (loss) to be appropriated9906€3,999€872▼
Profit (loss) brought forward from the previous period14P-€6,045€3,999▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Non-recurring operating income76A---€5,000---€4,545-
Remuneration, social security and pensions62------€4,455€7,805▲ 75.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€212€824€999€1,142€1,215€1,325€708€1,263▲ 78.3%
Other operating charges640/8---€3,174€351€2,517€786€376▼ 52.2%
Gross operating margin9900€1,727€4,414-€2,206€6,210-€4,698€5,139€17,568€6,455▼ 63.3%
Operating profit (loss)9901€933€3,003-€3,875€1,894-€6,264€1,296€11,619-€2,989-
Financial income75/76B---€0-€3€0--
Recurring financial income75€0€5€4,000€0-€3€0--
Financial charges65/66B---€215€79€120€925€138▼ 85.1%
Recurring financial charges65€221€171€69€35€79€120€175€138▼ 21.2%
Non-recurring financial charges66B---€180--€750--
Profit (loss) for the period before taxes9903€713€2,837€56€1,679-€6,343€1,179€10,694-€3,127-
Income taxes67/77€169-€145€146€146€164€650--
Profit (loss) for the period9904€544€2,837-€89€1,533-€6,489€1,015€10,045-€3,127-
Profit (loss) for the period to be appropriated9905€544€2,837-€89€1,533-€6,489€1,015€10,045-€3,127-
Line20182019202020212022202320242025Change
Assets
Total assets20/58€6,560€9,392€8,370€12,926€16,824€11,969€39,658€45,087▲ 13.7%
Fixed assets21/28€5,060€4,236€3,237€4,426€3,211€3,530€3,078€4,016▲ 30.5%
Tangible fixed assets22/27€2,786€1,962€963€2,152€937€1,256€548€1,487▲ 171%
Furniture and vehicles24---€2,152€937€1,256€548€1,487▲ 171%
Financial fixed assets28€2,274€2,274€2,274€2,274€2,274€2,274€2,529€2,529=
Current assets29/58€1,500€5,157€5,134€8,500€13,612€8,439€36,580€41,071▲ 12.3%
Stocks and contracts in progress3€242€2,254€622€2,292€3,116€3,185€935€1,856▲ 98.4%
Stocks30/36---€2,292€3,116€3,185€935€1,856▲ 98.4%
Amounts receivable within one year40/41€941€33-€1,460€7,155€2,627€30,638€34,371▲ 12.2%
Trade receivables40----€5,785€1,087€29,038€33,704▲ 16.1%
Other amounts receivable41---€1,460€1,370€1,540€1,600€667▼ 58.3%
Cash at bank and in hand54/58€10€2,269€4,001€4,645€3,342€2,513€5,007€3,630▼ 27.5%
Deferred charges and accrued income490/1---€102-€113-€1,214-
Equity and liabilities
Total equity and liabilities10/49€6,560€9,392€8,370€12,926€16,824€11,969€39,658€45,087▲ 13.7%
Equity10/15€1,549€4,386€4,297€5,829-€660€355€10,399€7,272▼ 30.1%
Contributions10/11€6,400€6,400-€6,400€6,400€6,400€6,400€6,400=
Contributions outside capital11---€6,400€6,400€6,400€6,400€6,400=
Other1109/19---€6,400€6,400€6,400€6,400€6,400=
Profit (loss) carried forward14-€4,851-€2,014-€2,103-€571-€7,060-€6,045€3,999€872▼ 78.2%
Amounts payable17/49€5,012€5,006€4,074€7,097€17,484€11,614€29,258€37,815▲ 29.2%
Amounts payable after more than one year17€2,333€300-------
Amounts payable within one year42/48€2,018€4,627€4,074€4,160€16,016€11,614€29,258€37,815▲ 29.2%
Trade debts44€743€1,238€920€64€7,698-€17,972€26,773▲ 49.0%
Suppliers440/4---€64€7,698-€17,972€26,773▲ 49.0%
Taxes, remuneration and social security45---€4,096€2,026€3,104€11,286€8,926▼ 20.9%
Taxes450/3---€4,096€2,026€3,104€5,951€4,320▼ 27.4%
Remuneration and social security454/9------€5,335€4,606▼ 13.7%
Other amounts payable47/48----€6,292€8,510-€2,116-
Accrued charges and deferred income492/3---€2,937€1,468----
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€544€2,837-€89€1,533-€6,489€1,015€10,045-€3,127-
+ Depreciation and write-downs630€212€824€999€1,142€1,215€1,325€708€1,263▲ 78.3%
Operating cash flow (approximation)€756€3,662€910€2,675-€5,275€2,340€10,753-€1,864-
Investment in fixed assets (approximation)-€0€0-€2,332€0-€1,644-€255-€2,202▼ 762%
Change in cash-€2,259€1,732€644-€1,304-€828€2,494-€1,377-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 16 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 abbreviated format 29-08-2026 2026-00450168
31-12-2024 micro format 30-09-2025 2025-00519012
31-12-2023 micro format 29-07-2024 2024-00300186
31-12-2022 micro format 29-08-2023 2023-00370053
31-12-2021 micro format 31-08-2022 2022-20374980
31-12-2020 full format 03-08-2021 2021-46600056
31-12-2019 full format 13-11-2020 2020-70500396
31-12-2018 full format 22-08-2019 2019-48900457
31-12-2017 full format 24-08-2018 2018-50200117
31-12-2016 full format 18-07-2017 2017-32800214

Show all 16 filings

Similar companies · same sector, comparable size

Of the 21,668 active companies whose main activity is hairdressing and barber services (NACE 96210), figures are known for 2,858. 2,184 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.