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SKINTERFACE

Active
Private limited companyfounded 1987active for 38 yearsKroninglaan 121, 1200 Sint-Lambrechts-Woluwe, BelgiumKBO/BCE: BE 0432.634.450
Summary

The annual accounts of SKINTERFACE for financial year 2025 show a net loss of 143% of total assets and of 59% of the equity at the start of that year. The 2025 annual accounts show equity of €64,264 and a net result of -€92,094. Equity is shrinking by about 5.1% per year across the filed financial years. The company has been active since 1987 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.5% (very low).

Financials · financial year 2025, full format

Turnover
€73,473▲ 141%
2020 · €30,490
EBIT margin
7.7%▲ 41.8pp
2020 · -34.1%
Net result
-€92,094▼ 274%
2024 · -€24,615
Working capital
€87,295▼ 12.1%
2022 · €99,337
Trend over the years

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

The operating result stays negative: a loss of €17,061 in 2025 against €24,790 in 2024; the loss shrinks.

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

Turnover€73,473 2021 Operating result-€17,061 2025 Net result-€92,094 2025

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

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Turnover€38,323-€33,803▼ 11.8%€30,490▼ 9.8%€73,473▲ 141%
Operating result-€16,607--€10,909▲ 34.3%-€10,385▲ 4.8%€5,653-€6,683-€19,594▼ 193%-€24,790▼ 26.5%-€17,061▲ 31.2%
Net result-€16,653--€10,987▲ 34.0%-€10,430▲ 5.1%€15,561-€6,715-€19,878▼ 196%-€24,615▼ 23.8%-€92,094▼ 274%
EBIT margin-43.3%--32.3%▲ 11.1pp-34.1%▼ 1.8pp7.7%▲ 41.8pp
Equity€213,422-€202,435▼ 5.1%€192,005▼ 5.2%€207,566▲ 8.1%€200,851▼ 3.2%€180,973▼ 9.9%€156,358▼ 13.6%€64,264▼ 58.9%
Total assets€213,607-€204,231▼ 4.4%€202,466▼ 0.9%€210,709▲ 4.1%€201,441▼ 4.4%€181,173▼ 10.1%€160,091▼ 11.6%€64,264▼ 59.9%
Debt€185-€1,796▲ 871%€10,461▲ 482%€3,143▼ 70.0%€590▼ 81.2%€200▼ 66.1%€3,733▲ 1,767%
Working capital€179,419-€143,885▼ 19.8%€96,895€99,337▲ 2.5%€87,295▼ 12.1%
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €64,264
Fixed assets €2,006 ▼ 97.6%
Current assets €62,258 ▼ 16.9%
Key figures and ratios
2025 value · change against 2024
EBITDA
-€8,940▲
2024 · -€16,239
Cash flow
-€83,973▼
2024 · -€16,064
Solvency
100.0%▲
2024 · 97.7%
ROE
-143.3%▼
2024 · -15.7%
ROA
-143.3%▼
2024 · -15.4%
Interest coverage
-131.47▼
2024 · -28.44
Income taxes
€43
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 5,835 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 85% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
1.7% went bankrupt
13% stopped otherwise
85% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.5% 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% 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 5,835 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 · 39 lines
Balance sheet Code20242025
Assets
Total assets20/58€160,091€64,264▼
Fixed assets21/28€85,127€2,006▼
Tangible fixed assets22/27€85,127€2,006▼
Plant, machinery and equipment23€840€439▼
Furniture and vehicles24€84,287€1,567▼
Current assets29/58€74,964€62,258▼
Amounts receivable within one year40/41€23,252€29,435▲
Trade receivables40€322-
Other amounts receivable41€22,930€29,435▲
Current investments50/53€29,269€25,826▼
Cash at bank and in hand54/58€22,443€6,997▼
Equity and liabilities
Total equity and liabilities10/49€160,091€64,264▼
Equity10/15€156,358€64,264▼
Contributions10/11€18,592€18,592=
Capital10€18,592€18,592=
Issued capital100€18,592€18,592=
Reserves13€346,543€346,543=
Non-distributable reserves130/1€54,180€54,180=
Legal reserve130€1,859€1,859=
Other1319€52,321€52,321=
Distributable reserves133€292,363€292,363=
Profit (loss) carried forward14-€208,777-€300,871▼
Amounts payable17/49€3,733-
Accrued charges and deferred income492/3€3,733-
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,551€8,121▼
Other operating charges640/8€1,567€1,228▼
Gross operating margin9900-€14,672-€7,712▲
Operating profit (loss)9901-€24,790-€17,061▲
Financial income75/76B€746€78▼
Recurring financial income75€746€78▼
Financial charges65/66B€571€75,068▲
Recurring financial charges65€571€68▼
Non-recurring financial charges66B-€75,000
Profit (loss) for the period before taxes9903-€24,615-€92,051▼
Income taxes67/77-€43
Profit (loss) for the period9904-€24,615-€92,094▼
Profit (loss) for the period to be appropriated9905-€24,615-€92,094▼
Appropriation of the result
Profit (loss) to be appropriated9906-€208,777-€300,871▼
Profit (loss) brought forward from the previous period14P-€184,162-€208,777▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Turnover70€38,323€33,803€30,490€73,473-----
Non-recurring operating income76A---€2,336-----
Goods, raw materials, services and sundry goods60/61---€55,407-----
Remuneration, social security and pensions62---€348-----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,742€2,733€2,366€8,315€9,105€8,687€8,551€8,121▼ 5.0%
Other operating charges640/8---€6,086€817€717€1,567€1,228▼ 21.6%
Gross operating margin9900-€13,282-€5,983-€6,910€20,402€3,239-€10,190-€14,672-€7,712▲ 47.4%
Operating profit (loss)9901-€16,607-€10,909-€10,385€5,653-€6,683-€19,594-€24,790-€17,061▲ 31.2%
Financial income75/76B---€10,000-€18€746€78▼ 89.5%
Recurring financial income75€1-€1€10,000-€18€746€78▼ 89.5%
Non-recurring financial income76B---€10,000-----
Financial charges65/66B---€92€32€56€571€75,068▲ 13,047%
Recurring financial charges65€47€78€46€92€32€56€571€68▼ 88.1%
Non-recurring financial charges66B-------€75,000-
Profit (loss) for the period before taxes9903-€16,653-€10,987-€10,430€15,561-€6,715-€19,632-€24,615-€92,051▼ 274%
Income taxes67/77-----€246-€43-
Profit (loss) for the period9904-€16,653-€10,987-€10,430€15,561-€6,715-€19,878-€24,615-€92,094▼ 274%
Profit (loss) for the period to be appropriated9905-€16,653-€10,987-€10,430€15,561-€6,715-€19,878-€24,615-€92,094▼ 274%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€213,607€204,231€202,466€210,709€201,441€181,173€160,091€64,264▼ 59.9%
Fixed assets21/28€34,003€58,550€81,184€110,671€101,566€93,678€85,127€2,006▼ 97.6%
Tangible fixed assets22/27€34,003€58,550€81,184€110,671€101,566€93,678€85,127€2,006▼ 97.6%
Plant, machinery and equipment23---€1,706€1,224€1,514€840€439▼ 47.7%
Furniture and vehicles24---€108,143€100,116€92,164€84,287€1,567▼ 98.1%
Other tangible fixed assets26---€822€226----
Current assets29/58€179,604€145,681€121,282€100,038€99,875€87,495€74,964€62,258▼ 16.9%
Amounts receivable within one year40/41€1,238€817€4,979€13,478€17,498€18,090€23,252€29,435▲ 26.6%
Trade receivables40---€6,719€6,977-€322--
Other amounts receivable41---€6,759€10,521€18,090€22,930€29,435▲ 28.4%
Current investments50/53€125,006€125,006€90,006€50,006€50,006€37,104€29,269€25,826▼ 11.8%
Cash at bank and in hand54/58€52,929€19,403€25,839€35,815€31,740€31,740€22,443€6,997▼ 68.8%
Deferred charges and accrued income490/1---€739€631€561---
Equity and liabilities
Total equity and liabilities10/49€213,607€204,231€202,466€210,709€201,441€181,173€160,091€64,264▼ 59.9%
Equity10/15€213,422€202,435€192,005€207,566€200,851€180,973€156,358€64,264▼ 58.9%
Contributions10/11€18,592€18,592€18,592€18,592€18,592€18,592€18,592€18,592=
Capital10---€18,592€18,592€18,592€18,592€18,592=
Issued capital100---€18,592€18,592€18,592€18,592€18,592=
Reserves13€346,543€346,543€346,543€346,543€346,543€346,543€346,543€346,543=
Non-distributable reserves130/1---€54,180€54,180€54,180€54,180€54,180=
Legal reserve130---€1,859€1,859€1,859€1,859€1,859=
Other1319---€52,321€52,321€52,321€52,321€52,321=
Distributable reserves133---€292,363€292,363€292,363€292,363€292,363=
Profit (loss) carried forward14-€151,713-€162,700-€173,130-€157,569-€164,284-€184,162-€208,777-€300,871▼ 44.1%
Amounts payable17/49€185€1,796€10,461€3,143€590€200€3,733--
Amounts payable within one year42/48€185€1,796-€3,143€538€200---
Trade debts44---€801€442€200---
Suppliers440/4---€801€442€200---
Taxes, remuneration and social security45---€2,342€96----
Taxes450/3---€2,342€96----
Accrued charges and deferred income492/3----€52-€3,733--
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€16,653-€10,987-€10,430€15,561-€6,715-€19,878-€24,615-€92,094▼ 274%
+ Depreciation and write-downs630€2,742€2,733€2,366€8,315€9,105€8,687€8,551€8,121▼ 5.0%
Operating cash flow (approximation)-€13,911-€8,254-€8,064€23,876€2,390-€11,191-€16,064-€83,973▼ 423%
Investment in fixed assets (approximation)--€27,280-€25,000-€37,802€0-€799€0€75,000-
Change in cash--€33,526€6,436€9,976-€4,075€0-€9,297-€15,446▼ 66.1%

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

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Public contracts: not fully processed yet. The notices from August 2023 to September 2026 are still being read.