Style Time
ActiveSummary
The annual accounts of Style Time for fiscal year 2025 show a net loss of 60% of the equity at the start of that year. The 2025 annual accounts show equity of €12k and a net result of €-18k. Equity is shrinking by ~6.7% per year across the filed fiscal years. Its solvency ranks better than 41% of 1046 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
49
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-74
Solvency48▼-10
Growth32▼-20
Track record92
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.94 against 1.89 in 2024; short-term debt: 54.3% and cash: 39.1% of total assets), and 77.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 2025Solvency, return and age of the figures
Solvency
22.9%
Return on assets
-34.4%
Age of the figures
9 mo
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 7 filingsDeviation from the deadline
2025
31 d late
2024
396 d late
2023
761 d late
2022
1127 d late
2021
1492 d late
2020
1857 d late
2019
2222 d late
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Strikeout withdrawn
Checked, nothing found (1)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€12k▼ 60.0%
2024 · €30k
2019: €24k
2020: €22k
2021: €35k
2022: €19k
2023: €27k
2024: €30k
2019 → 2025
Total assets
€53k▼ 43.2%
2024 · €94k
2019: €43k
2020: €42k
2021: €50k
2022: €64k
2023: €87k
2024: €94k
2019 → 2025
Net result
€-18k
2024 · €4k
2019: €6k
2020: €-2k
2021: €12k
2022: €-16k
2023: €7k
2024: €4k
2019 → 2025
Working capital
€-2k
2024 · €37k
2019: €12k
2020: €4k
2021: €19k
2022: €25k
2023: €29k
2024: €37k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€35k-€19k▼ 44.7%€27k▲ 38.5%€30k▲ 14.5%€12k▼ 60.0%
Operating result€12k-€-5k€9k€5k▼ 45.4%€-20k
Net result€12k-€-16k€7k€4k▼ 47.8%€-18k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €20k after €5k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €52k
Fixed assets
€25k ▲ 72.7%
Current assets
€27k ▼ 65.3%
Equity and liabilities €53k
Equity
€12k ▼ 60.0%
Debt
€41k ▼ 35.2%
Debt's share of the balance-sheet total rises from 67.5% to 77.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-16k▼
2024 · €9k
Cash flow
€-14k▼
2024 · €7k
Current ratio
0.94▼
2024 · 1.89
Quick ratio
0.78▼
2024 · 1.78
Debt to equity
3.36▲
2024 · 2.08
ROE
-150.0%▼
2024 · 12.7%
ROA
-34.4%▼
2024 · 4.1%
Interest coverage
-6.05▼
2024 · 40.82
Debt ≤ 1 year
€29k▼
2024 · €41k
Income taxes
€2k▲
2024 · €1k
Staff costs
€516
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 · 2025 against 2024 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€94k€53k▼
Formation expenses20€950€950=
Fixed assets21/28€14k€25k▲
Tangible fixed assets22/27€14k€25k▲
Plant, machinery and equipment23€14k€25k▲
Current assets29/58€78k€27k▼
Stocks and contracts in progress3€5k€5k=
Stocks30/36€5k€5k=
Amounts receivable within one year40/41€62k€2k▼
Trade receivables40€43k-
Other amounts receivable41€19k€2k▼
Cash at bank and in hand54/58€10k€21k▲
Deferred charges and accrued income490/1€2k-
Equity and liabilities
Total equity and liabilities10/49€94k€53k▼
Equity10/15€30k€12k▼
Contributions10/11€19k€19k=
Outside capital11€19k€19k=
Share premium1100/10€19k€19k=
Reserves13€11k-
Distributable reserves133€11k-
Profit (loss) carried forward14€575€-6k▼
Amounts payable17/49€63k€41k▼
Amounts payable within one year42/48€41k€29k▼
Trade debts44€3k€450▼
Suppliers440/4€3k€450▼
Taxes, remuneration and social security45€32k€2k▼
Taxes450/3€32k€2k▼
Other amounts payable47/48€6k€27k▲
Accrued charges and deferred income492/3€22k€12k▼
Income statement
Code20242025
Remuneration, social security and pensions62-€516
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▲
Other operating charges640/8€2k€7k▲
Gross operating margin9900€11k€-8k▼
Operating profit (loss)9901€5k€-20k▼
Financial income75/76B€9€6k▲
Recurring financial income75€9€77▲
Non-recurring financial income76B-€6k
Financial charges65/66B€213€3k▲
Recurring financial charges65€213€3k▲
Profit (loss) for the period before taxes9903€5k€-16k▼
Income taxes67/77€1k€2k▲
Profit (loss) for the period9904€4k€-18k▼
Profit (loss) for the period to be appropriated9905€4k€-18k▼
Appropriation of the result
Profit (loss) to be appropriated9906€4k€-18k▼
Profit (loss) brought forward from the previous period14P€575€575=
Transfer from equity791/2-€11k
Transfer to equity691/2€4k-
To other reserves6921€4k-
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
18-09
KBO administration
Strikeout withdrawn
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 396 days late
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 761 days late
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 1127 days late
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 1492 days late
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 1857 days late
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 2222 days late
2025
31-12
Financial
Weakest financial yearnet €-18k
Net result drops to €-18k, the lowest in the series.
2023
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
2021
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 2.79
Current ratio from 1.37 to 2.79; short-term debt falls from €11k to €11k.
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Leuven · 1 establishment unit since 2018
Ground area
64 m²
Building footprint
64 m²
Volume, LiDAR
812 m³
Parcel 24505F0680/00L000, Flanders · tallest building 16.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Style Time
since 20182.274.435.412
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24505F0680/00L000 | Flanders | 64 m² | 1 · 64 m² | 16.1 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Dual-learning approval
3 endedHaarverzorging duaal (so)
Kapper (so)
Kapper (vwo)
Similar companies · same sector, comparable size
CIYDEM DEMIR
BE 0720.756.124
Beveren-Kruibeke-Zwijndrecht · Eq €12,179
HAIR
BE 0833.263.751
Genappe · Eq €12,157
EFSANE
BE 0480.717.152
Antwerpen · Eq €12,185
STARS PAVILLON
BE 0845.143.182
Schaarbeek · Eq €12,148
AZFAE
BE 0537.493.034
Charleroi · Eq €12,189
Of 21,748 companies in sector 96210 we hold annual accounts for 2,833. 2,335 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
Founded08-02-2018
Fiscal year end31-12
Activities, NACEBEL 2025
96210Hairdressing and barber services
46190Agents in non-specialised wholesale trade
96220Beauty care and other beauty treatments
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.