Equity
€19,304 ▲ 13.6%
S STUDIO paid out €2,000 in dividends. That is 46% of the 2025 profit.
S STUDIO
Overview
Lifetime
3 annual accounts with figures on one time axispeak €140,862 (2025)
€140,862▲ 12.2%
peak €7,424 (2023)
€4,309▲ 250%
peak €19,304 (2025)
€19,304▲ 13.6%
€25,479▲ 89.6%
Board2 names since 2023
2 directors and 1 other
Documentsfilings and deeds
12-06-202649 days before the deadline
2025micro format
Turnover from €125,588 to €140,862Gross margin from €33,943 to €55,000Result from €1,229 to €4,309Dividend €2,000Equity from €16,995 to €19,304Debts from €13,435 to €25,479
Key points
from the 2025 annual accountsStaff
2 employees on 31-12-2025
In 2025, 1 person joined and 1 left.
Payment terms
14 days to suppliers
S STUDIO pays its suppliers 10 days later than in 2024. Customers pay 1 day earlier.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as S STUDIO has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,448 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 39,278 companies, not a prediction for S STUDIO. 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
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0802131107
Incorporation
Founding capital of €10,000, 100 shares · Founder: (constituante) · Appointments: (director) and (director) · published on 31-05-2023 · Gazette deed
First establishment
Rue Xhrouet 11, Spa
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| S STUDIO Spa | €140,862 | 4.9% | 43.1% | - |
| VM 19 Schaerbeek | - | - | -42.7% | - |
| The Hair Project Machelen (Brab.) | €124,369 | 20.0% | 10.8% | - |
| A.K. Puurs-Sint-Amands | - | - | 50.2% | - |
| Fix-Line Genk | - | - | 49.0% | - |
| HAIRDELUX Beveren-Kruibeke-Zwijndrecht | - | - | 61.1% | - |
| WALID SERVICES Ninove | - | - | 14.0% | - |
Grey: the largest companies of the sector (personal services (NACE 96)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as S STUDIO: hairdressing and barber services (NACE 96210). They are comparable in size and age: total assets between €42,800 and €55,700, founded in 2023.
Official details
Source: KBO- Status
- Active since 26-05-2023Normal situation
- Activity
- Hairdressing and barber servicesNACE 96210and 2 others
- Establishment unit
- 2.347.090.5884900 Spa, since 26-05-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 25-12-2025
Annual accounts 2025
- €140,862▲ 12.2%
- €4,309▲ 250%
- €19,304▲ 13.6%
- €44,783▲ 47.2%
- Employeeson 31-12-2025
- 2=
- Filing
- Filed on 12-06-2026, 49 days before the end of the filing period
Insights on S STUDIO
Solvency fell in 2025 from 55.8% to 43.1%.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 12-06-2026, 49 days before the deadline€140,862
▲ 12.2%
€6,898
▲ 141%
€12,510
▲ 50.8%
€9,921
▲ 48.8%
43.1%
▼ 12.7 percentage points
1.66
▼ 0.14
Money flows
of every €100 of turnover, €3.06 remains as profit in 2025Balance sheet
balance sheet total €44,783 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
43.1%
Higher than 63% of 5,755 companies in 2025.
1.66
Higher than 65% of 5,319 companies in 2025.
9.6%
Higher than 64% of 5,364 companies in 2025.
S STUDIO
Middle half of the sector
80% of the sector
Micro accounts in personal services (NACE 96)
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Staff
€20,618
Staff costs divided by the average number of full-time equivalents.
level
people who joined
people who left
In 2025, 1 person joined and 1 left.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
44,783 | 30,430 | 35,832 | |
21/28 |
10,544 | 15,016 | 7,288 | |
22/27 |
10,544 | 15,016 | 7,288 | |
23 |
4,619 | 5,734 | 6,165 | |
24 |
5,925 | 9,282 | 1,123 | |
29/58 |
34,240 | 15,413 | 28,545 | |
3 |
5,766 | 5,186 | 3,505 | |
30/36 |
5,766 | 5,186 | 3,505 | |
40/41 |
875 | 1,088 | 889 | |
40 |
- | 1,088 | 889 | |
41 |
875 | - | - | |
54/58 |
27,598 | 9,139 | 24,151 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
44,783 | 30,430 | 35,832 | |
10/15 |
19,304 | 16,995 | 16,624 | |
10/11 |
10,000 | 10,000 | 10,000 | |
14 |
9,304 | 6,995 | 6,624 | |
17/49 |
25,479 | 13,435 | 19,208 | |
17 |
4,899 | 4,899 | - | |
178/9 |
4,899 | 4,899 | - | |
42/48 |
20,581 | 8,537 | 19,208 | |
44 |
3,371 | 928 | 3,615 | |
440/4 |
3,371 | 928 | 3,615 | |
45 |
15,210 | 5,660 | 8,952 | |
450/3 |
9,202 | 2,810 | 8,203 | |
454/9 |
6,008 | 2,850 | 749 | |
47/48 |
2,000 | 1,949 | 6,641 | |
| Income statement | ||||
70 |
140,862 | 125,588 | 53,410 | |
9900 |
55,000 | 33,943 | 15,812 | |
60/61 |
89,270 | 93,452 | 37,659 | |
62 |
41,236 | 24,349 | 5,994 | |
630 |
5,612 | 5,438 | 645 | |
640/8 |
1,254 | 1,297 | 384 | |
9901 |
6,898 | 2,859 | 8,788 | |
75/76B |
0 | 101 | 533 | |
75 |
0 | 101 | 533 | |
65/66B |
197 | 87 | 1 | |
65 |
197 | 87 | 1 | |
9903 |
6,700 | 2,874 | 9,320 | |
67/77 |
2,391 | 1,644 | 1,896 | |
9904 |
4,309 | 1,229 | 7,424 | |
9905 |
4,309 | 1,229 | 7,424 | |
| Appropriation of the result | ||||
9906 |
11,304 | 7,854 | 7,424 | |
14P |
6,995 | 6,624 | - | |
694/7 |
2,000 | 859 | 800 | |
694 |
2,000 | 859 | 800 | |
| Social balance sheet | ||||
9087 |
2 | 1.9 | - | |
Hours worked1013 |
3,428 | 3,388 | - | |
| Document | ||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 12-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 12,510 | 8,297 | 9,433 | ||
| 9,921 | 6,667 | 8,069 | ||
| 1,139 | 13,166 | 7,933 | ||
| 18,459 | -15,011 | - | ||
| 13,659 | 6,877 | 9,336 | ||
| 4.9% | 2.3% | 16.5% | ||
| 43.1% | 55.8% | 46.4% | ||
| 1.66 | 1.81 | 1.49 | ||
| 1.38 | 1.20 | 1.30 | ||
| 1.32 | 0.79 | 1.16 | ||
| 22.3% | 7.2% | 44.7% | ||
| 9.6% | 4.0% | 20.7% | ||
| 63.40 | 95.14 | over 100 | ||
| 2 days | 3 days | 6 days | ||
| 14 days | 4 days | 35 days |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2025 | 31-12-2024 |
|---|---|---|
| Employees at the balance-sheet date | 2 | 2 |
| full-time | 2 | 2 |
| in full-time equivalents | 2 | 2 |
| 2 | 1.9 | |
| Joined | 1 | 2 |
| Left | 1 | 1 |
Source: social balance sheet in the 2024 to 2025 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | €1,139 | €13,166 | €7,933 |
| €5,612 | €5,438 | €645 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on S STUDIO
The operating result for 2025 is 141% higher than in 2024. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total rises from 44.2% to 56.9%. Equity and debt are higher.
Board & ownership
Board
2 directors, since incorporationDirector (not named in the articles)
appointed by deed of 31-05-2023
term without a fixed end
listed in the 2025 annual accounts, filed on 12-06-2026
Director (not named in the articles)
appointed by deed of 31-05-2023
term without a fixed end
listed in the 2025 annual accounts, filed on 12-06-2026
Mandates through the years
2 names, the dashed line is todayDirector (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
-
- Director (not named in the articles), appointed by deed of 31-05-2023, still in office
-
- Director (not named in the articles), appointed by deed of 31-05-2023, still in office
Control
Founder
This company
S STUDIO
Equity €19,304
Profit €4,309 in 2025
Capital
- Contribution
- €10,000
- Shares
- 100
- Contribution per share
- €100
- Equity per share
- €193 in 2025
- Source
- deed of 31-05-2023
Articles of association
deed of 31-05-2023 (in French)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Second Monday of June at 10:00
Founder
At incorporation
deed of 31-05-2023 ↗
- sole founder · 100% at incorporation
Network & group
No group
S STUDIO has no parent and no holdings in its annual accounts. S STUDIO shares no director with another company.
At the same address
Rue Xhrouet 11, 4900 Spa · 2 other companies| Association des copropriétaires de la Résidence XHROUET, à 4900 Spa, rue Xhrouet 11/15
registered office since 27-04-2023 |
founded in 2023 0801.571.376 |
| Corman, Alain (sole trader)
establishment since 01-10-2004 |
founded in 2004 0867.355.984 |
Timeline
Timeline
7 events since 2023Filings
Financial
Establishments
2023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 49 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0802131107
Annual accounts 2024 filed PDFmicro format · 24 days before the deadline
2024
Weakest financial year net €1,229 ▼83.4% The net result drops to €1,229, the lowest from 2023 to 2025. It recovers the following year.
Annual accounts 2023 filed PDFmicro format · 34 days before the deadline
2023
IncorporationFounding capital of €10,000, 100 shares · Founder: (constituante) · Appointments: (director) and (director) · published on 31-05-20236 points ▸
- Founder, (constituante)
- Founding capital, €10,000, 100 shares
- Registered office clause, rue Xhrouet 11, 4900 SPA
- Board rule, 2
- Director appointment, (director (not named in the articles))
- Director appointment, (director (not named in the articles))
- The deed holds 3 more points.
First establishment Rue Xhrouet 11, Spa
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0802.131.107
- VAT number
- BE 0802.131.107
- Peppol ID
- 0208:0802131107
- Other Peppol ID
- 9925:BE0802131107
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 26-05-2023
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Second Monday of June at 10:00deed of 31-05-2023 (in French)
- Peppol
- Reachable since 25-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- S STUDIO in French
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 31-05-2023 (in French)
Activities
NACEBEL 2025VAT activities
96210
Hairdressing and barber services main activity
Social security (RSZ) activities
96210
Hairdressing and barber services main activity
Codes under NACEBEL 2008
VAT activities
96021
Hairdressing main activity
47750
Retail trade
47786
Retail trade
Social security (RSZ) activities
96021
Hairdressing main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Activités liées à l’exploitation de salons de coiffure; Activités immobilières et connexes; La gestion et l’exploitation de salons de…”deed of 31-05-2023 (in French)
7 activities
- Activités liées à l’exploitation de salons de coiffure
- Activités immobilières et connexes
- La gestion et l’exploitation de salons de coiffure,d’esthétique et de soins de beauté,y compris l'onglerie et l'extension capillaire ; l’exercice de ces activités tant dans un salon,qu’à domicile ou en maison de repos.
- La vente,l’importation,l’exportation,le négoce,le commerce de gros et de détail : * de tous produits et autres articles de beauté,pour les soins du corps,pour les soins des cheveux et du cuir chevelu,pour la manucure et la pédicure,la coiffure,le massage.
- * de vêtements et sous-vêtements,accessoires de mode ou vestimentaire,bijoux de fantaisie,produits cosmétiques,parfums,textiles,tissus,cuirs,articles et accessoires de couture,tous produits relatifs à tout sport,à la maroquinerie,aux chaussures.
- La location,la sous-location,l’achat et l’acquisition de droits réels ou de la pleine propriété de tout immeuble dans le but soit d’y établir son siège social ou un siège d’exploitation soit d’y loger ses dirigeants et les membres de leur famille à titre de résidence principale ou secondaire en ce compris par sa mise à disposition gratuite au nom de ses dirigeants ou employés et les membres de leur famille,ainsi que l’achat et la vente de la pleine propriété ou de tous droits réels,la location,la mise en location,la construction,la transformation,la mise en valeur ou toutes opérations assimilées pour tout immeuble quelle qu’en soit son affectation,et,de manière plus générale,la gestion et la valorisation d’un patrimoine immobilier,le tout avec ou sans lien direct ou même indirect avec ses autres activités.
- La constitution,la gestion et la valorisation d’un patrimoine mobilier.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Rue Xhrouet 11 registered office 4900 Spa | 26-05-2023 | 2.347.090.588 |
Buildings and parcels at the address
- Ground area
- 88 m²
- Buildings
- 55 m²
- Volume, LiDAR
- 550 m³
- Tallest building
- 11.8 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 63072G0881/00B000 | 88 m² | 1 · 55 m² | 11.8 m · 4 |
Contact
E-mail
sstudiocoiffure@gmail.com