Age5 yrs
Real estate2 parcels · 520 m²
Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of N.S.A ESTHETIQUE is 7.9% (elevated). The 2023 annual accounts show negative equity (€-2k) and a net result of €-7k. The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 2 annual accounts.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone7.9%
Elevated
0%0,5%1,5%4%10%≥25%
Annual accounts: weaker financial profile
+Young company
+No NACE activity registered
+
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Signals
1 signal · with evidenceNegative equity
Equity is negative for financial year 2023: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
View the annual accounts Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Filing behaviour
From the deposit records, complete market-wideAnnual accounts not filed
The financial year that closed on 31-12-2024 was due at the National Bank by 31-07-2025. Nothing is on record today, 381 days later. 2 financial years are missing in total. Measured on financial year 2023: 41.75% of the companies that did not file are in an abnormal legal state today, against 1.66% of those that did.
Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 07-07-2024, 24 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
How we compute the deadline
The year end is derived from 2 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2023, that is 31-07-2024.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2025 | 31-07-2026 | nothing on record | not filed | - |
| 31-12-2024 | 31-07-2025 | nothing on record | not filed | - |
| 31-12-2023 | 31-07-2024 | 07-07-2024 | 24 d early | 2024-00226571 |
| 31-12-2022 | 31-07-2023 | 07-10-2023 | 68 d late | 2023-00481585 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsMore than 3 years active
Founded in 2021, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Financials
TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-7k
Working capital€-3k
Annual accounts & ratios
Source: NBB · 2023Annual accounts filed on 07-07-2024 with the NBB · fiscal year 2023 · micro
€-7k
-
22-23
€-7k
-
22-23
€-7k
-
22-23
€6k
-32.1%
22-23
€-2k
-
22-23
€-3k
-
22-23
€1k
-
22-23
€8k
+92.7%
22-23
Show 8 other metrics
€8k
+92.7%
22-23
0.67
-65.2%
22-23
0.67
-65.2%
22-23
-32.6%
-
22-23
-4.07
-
22-23
341.2%
+1888.7%
22-23
-111.2%
-
22-23
-142.22
-
22-23
Figures by fiscal year
| Fiscal year | 2023 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €-7k |
| Net profit | €-7k |
| Cash flow | €-7k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €6k |
| Equity | €-2k |
| Debt | €8k |
| of which ≤ 1y | €8k |
| of which > 1y | - |
| Working capital | €-3k |
| Employees (FTE) | - |
Ratios (computed)
| 2023 | |
|---|---|
| Current ratio | 0.67 |
| Quick ratio | 0.67 |
| Working capital ratio | -43.4% |
| Solvency | -32.6% |
| Debt / equity | -4.07 |
| Long-term debt ratio | - |
| Interest coverage | -142.22 |
| Gross margin | - |
| Net margin | - |
| ROA | -111.2% |
| ROE | 341.2% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (19 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €6k |
| Formation expenses | 20 | €662 |
| Current assets | 29/58 | €5k |
| Amounts receivable within one year | 40/41 | €5k |
| Cash & bank | 54/58 | €73 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €6k |
| Equity | 10/15 | €-2k |
| Contributions / capital | 10/11 | €4k |
| Accumulated profits (losses) | 14 | €-6k |
| Amounts payable | 17/49 | €8k |
| Amounts payable within one year | 42/48 | €8k |
| Trade debts payable within one year | 44 | €110 |
| Income statement | ||
| Gross operating margin | 9900 | €-6k |
| Operating result | 9901 | €-7k |
| Financial income | 75 | €91 |
| Financial charges | 65 | €47 |
| Result before taxes | 9903 | €-7k |
| Net result for the period | 9904 | €-7k |
| Result to be appropriated | 9905 | €-7k |
This table shows the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan.
See plans →
Ratios computed by Checked.
Health barometer
FY 2023 · computed12
/ 100
Critical
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2023. Indicative, not credit advice.
Directors
Directors & mandates
2 directors3 of this company's 3 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing below: a director who resigned there may therefore still show here as sitting. See the acts under Publications.
Current directors & mandates
-
Mourad MerazigDirectorState Gazette act 25063855 (19-05-2025)Current01-01-2025 → present
Former directors (1)
-
Brahim HamelDirectorState Gazette act 25063855 (19-05-2025)Former- → 31-12-2024
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Insolvency mandates
No insolvency mandates (liquidators, administrators) on record for this company.
Legal Structure
| NACE primary | - |
| Legal form | Private limited company(610) |
| Incorporation | 10-06-2021 |
| Status | Active |
| Postal code | 1932 |
Structure & network
Locations & real estate
Registered office
on the map · from the address registerEstablishment units
1 locationN.S.A ESTHETIQUE
since 20212.318.288.023
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area520 m²
Buildings2
Building footprint244 m²
Volume (LiDAR)2,188 m³
Tallest building18.3 m · ±5 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23078A0472/00L000 | Flanders | 461 m² | 1 · 192 m² | 10.8 m · 3 fl. |
| 21906D0118/00L007 | Brussels | 59 m² | 1 · 52 m² | 18.3 m · 5 fl. |
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
No insolvency signals in the Belgian State Gazette
Belgisch Staatsblad · acts
2 acts Address history · 1
17-07-2024
Registered-office move
All acts · 2
updated 1 year ago
2025
19-05-2025 2 directors appointed, 1 resigning
- Mourad Merazig, Bestuurder
- Marion de Crombrugghe, Dagelijks bestuur
- Brahim Hamel, Bestuurder
2024
17-07-2024 Registered office moved from Zaventem to sint-stevens-woluwe
- Imperiastraat 8, 1930 Zaventem → leuvensesteenweg 246 bus 1, 1932 sint-stevens-woluwe
Analysis
Financial profile
5 of 5 axes measured55
/ 100
Mixed profile: strong on profitability, weaker on health.
All 5 axes are computed from data Checked has read.
Health
12
Profitability
100
Solvency
37
Growth
32
Stability
94
Credit advice
verdict per customer and amountCompany registry
Company registry (CBE)
Crossroads BankNames & trade names
| Legal nameNL | N.S.A ESTHETIQUE |
Registered office
Leuvensesteenweg 246 bus 1
1932 Zaventem, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.