R-FACES
ActiveSummary
The computed 12-month bankruptcy probability of R-FACES is 1.7% (moderate). The 2024 annual accounts show equity of €27k and a net result of €4k. Equity is growing by ~4.9% per year across the filed fiscal years. Its solvency ranks better than 60% of 6162 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
56
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability72▲+30
Solvency62▲+9
Growth52▲+20
Track record94
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.59 against 1.33 in 2023; short-term debt: 51.2% and cash: 6.3% of total assets), and 63% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · 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 2024Solvency, return and age of the figures
Solvency
37%
Return on assets
5.2%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-09-2025, 57 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
57 d late
2023
26 d early
2022
14 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€27k▲ 16.4%
2023 · €23k
2022: €24k
2023: €23k
2022 → 2024
Total assets
€72k▼ 13.1%
2023 · €83k
2022: €76k
2023: €83k
2022 → 2024
Net result
€4k
2023 · €-1k
2022: €19k
2023: €-1k
2022 → 2024
Working capital
€-15k
2023 · €16k
2022: €15k
2023: €16k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€24k-€23k▼ 5.6%€27k▲ 16.4%
Operating result€24k-€2k▼ 92.5%€8k▲ 356%
Net result€19k-€-1k€4k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 356% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €72k
Fixed assets
€50k ▲ 201%
Current assets
€22k ▼ 67.1%
Equity and liabilities €72k
Equity
€27k ▲ 16.4%
Debt
€45k ▼ 24.4%
Debt's share of the balance-sheet total falls from 72.4% to 63.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€18k▲
2023 · €8k
Cash flow
€14k▲
2023 · €4k
Current ratio
0.59▼
2023 · 1.33
Quick ratio
0.47▼
2023 · 1.13
Debt to equity
1.70▼
2023 · 2.62
ROE
14.1%▲
2023 · -5.9%
ROA
5.2%▲
2023 · -1.6%
Interest coverage
5.57▲
2023 · 3.03
Debt ≤ 1 year
€37k▼
2023 · €50k
Debt > 1 year
€9k▲
2023 · €7k
Income taxes
€2k▼
2023 · €2k
Staff costs
€-25▼
2023 · €21k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 49 lines
Balance sheet
Code20232024
Assets
Total assets20/58€83k€72k▼
Fixed assets21/28€17k€50k▲
Intangible fixed assets21€5k€3k▼
Tangible fixed assets22/27€11k€47k▲
Plant, machinery and equipment23€315€205▼
Furniture and vehicles24€10k€20k▲
Other tangible fixed assets26€905€26k▲
Current assets29/58€66k€22k▼
Stocks and contracts in progress3€10k€5k▼
Stocks30/36€10k€5k▼
Amounts receivable within one year40/41€42k€13k▼
Trade receivables40€19k€13k▼
Other amounts receivable41€23k€15▼
Cash at bank and in hand54/58€14k€5k▼
Deferred charges and accrued income490/1€124€6▼
Equity and liabilities
Total equity and liabilities10/49€83k€72k▼
Equity10/15€23k€27k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€18k€22k▲
Amounts payable17/49€60k€45k▼
Amounts payable after more than one year17€7k€9k▲
Financial debts170/4€7k€3k▼
Other amounts payable178/9-€6k
Amounts payable within one year42/48€50k€37k▼
Current portion of amounts payable after more than one year42€4k€4k=
Financial debts43€77€7▼
Credit institutions430/8€77€7▼
Trade debts44€14k€6k▼
Suppliers440/4€14k€6k▼
Taxes, remuneration and social security45€26k€27k▲
Taxes450/3€25k€24k▼
Remuneration and social security454/9€1k€3k▲
Other amounts payable47/48€6k-
Accrued charges and deferred income492/3€3k-
Income statement
Code20232024
Remuneration, social security and pensions62€21k€-25▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€10k▲
Other operating charges640/8€4k€3k▼
Gross operating margin9900€32k€21k▼
Operating profit (loss)9901€2k€8k▲
Financial income75/76B€1k€736▼
Recurring financial income75€1k€736▼
Financial charges65/66B€3k€3k▲
Recurring financial charges65€3k€3k▲
Profit (loss) for the period before taxes9903€491€6k▲
Income taxes67/77€2k€2k▼
Profit (loss) for the period9904€-1k€4k▲
Profit (loss) for the period to be appropriated9905€-1k€4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€18k€22k▲
Profit (loss) brought forward from the previous period14P€19k€18k▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 57 days late
2024
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-1k ▼107%
Net result drops to €-1k, the lowest in the series; recovery starts the following year.
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · 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, Namur · 1 establishment unit since 2021
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.
Avenue du Petit Sart(JB) 215100 NamurGround area
2,088 m²
Building footprint
229 m²
Volume, LiDAR
1,839 m³
2 parcels, Wallonia · tallest building 9.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
R-Faces
since 20212.321.017.186
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92322D0015/00_000 | Wallonia | 1,420 m² | 1 · 59 m² | 9.6 m · 2 fl. |
| 92067A0610/00C000 | Wallonia | 668 m² | 1 · 170 m² | 9.5 m · 3 fl. |
Linked by address, not proof of ownership
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.
Similar companies · same sector, comparable size
KISSEMBEEK HAIRDESIGN
BE 0474.517.169
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LE SALON
BE 0433.246.243
Keerbergen · Eq €26,609
MAISON LV
BE 1016.907.616
Elsene · Eq €26,610
P.H.C. INVEST
BE 0475.743.131
Braine-l'Alleud · Eq €26,614
COIFFEUR JACQUES
BE 0460.670.321
Braine-l'Alleud · Eq €26,650
Of 21,748 companies in sector 96210 we hold annual accounts for 2,833. 2,324 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-08-2021
Fiscal year end31-12
Activities, NACEBEL 2025
96210Hairdressing and barber services
47715Retail trade
47750Retail sale of cosmetics and toilet articles
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.