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STYLING COIF

Active
Private limited company (pre-2019)founded 200817 yrs activeMunthofstraat 188, 1060 Sint-Gillis (bij-Brussel), BelgiumKBO/BCE: BE 0807.737.212
Summary

The computed 12-month bankruptcy probability of STYLING COIF is 2.5% (moderate). The 2024 annual accounts show negative equity (-€23,826) and a net result of -€2,556. Equity is growing by ~12.1% per year across the filed fiscal years. Its solvency ranks better than 5% of 6162 sector peers (fiscal year 2024). The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability5▲+5
Solvency0=
Growth78=
Track record100
Bankruptcy probability, 12 months
2.5% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+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 2024
Age of the figures
Age of the figures
21 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 17 years 0 20 y
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
181921222324
2018 to 2024 · latest year -€23,826
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-08-2025, 8 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 · 10 filings
Deviation from the deadline
2025
not confirmed
2024
8 d late
2023
152 d late
2022
32 d late
2021
152 d late
2019
95 d late
2018
121 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 93 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 48% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

STYLING COIF was incorporated on 13 November 2008.1 Revenue grew from EUR 24,846 in 2021 to EUR 36,506 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2021 and 2024

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Financials · fiscal year 2024, micro schema

Turnover
€36,506▲ 46.9%
2021 · €24,846
EBIT margin
-2.3%▼ 44.3pp
2021 · 41.9%
Net result
-€2,556▲ 34.8%
2023 · -€3,919
Working capital
-€23,916▼ 23.7%
2023 · -€19,328
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 96, Personal service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20192021202220232024
Turnover€24,846-€36,506
Operating result€4,455€10,419-€581▼ 94.4%-€3,835-€855▲ 77.7%
Net result€4,312€10,264within the sector's middle half-€298within the sector's middle half▼ 97.1%-€3,919within the sector's middle half-€2,556within the sector's middle half▲ 34.8%
EBIT margin41.9%--2.3%
Equity-€35,817▲ 10.7%-€17,649below the sector's middle half--€17,351below the sector's middle half▲ 1.7%-€21,270below the sector's middle half▼ 22.6%-€23,826below the sector's middle half▼ 12.0%
Total assets€4,657▲ 1,840%€2,267below the sector's middle half-€1,649below the sector's middle half▼ 27.3%€2,298below the sector's middle half▲ 39.4%€2,514below the sector's middle half▲ 9.4%
Debt€40,474▲ 0.3%€19,916-€19,000▼ 4.6%€23,569▲ 24.0%€26,340▲ 11.8%
Working capital-€35,817▲ 10.7%-€17,649within the sector's middle half--€17,351within the sector's middle half▲ 1.7%-€19,328within the sector's middle half▼ 11.4%-€23,916below the sector's middle half▼ 23.7%
above within below the middle half (P25 to P75) of NACE 96, Personal service activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€5,000€0€5,000€10,000Operating result 2019: €4,455€4,455Net result 2019: €4,312€4,312Operating result 2021: €10,419€10,419Net result 2021: €10,264€10,264Operating result 2022: €581€581Net result 2022: €298€298Operating result 2023: -€3,835-€3,835Net result 2023: -€3,919-€3,919Operating result 2024: -€855-€855Net result 2024: -€2,556-€2,55620192021202220232024-€4,000-€2,000€0Operating result 2022: €581€581Net result 2022: €298€298Operating result 2023: -€3,835-€3,830Net result 2023: -€3,919-€3,920Operating result 2024: -€855-€855Net result 2024: -€2,556-€2,560202220232024
The operating result stays negative: a loss of €855 in 2024 against €3,835 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2,514
Fixed assets €89 ▼ 75.0%
Current assets €2,425 ▲ 24.9%
Key figures and ratios
2024 value · change against 2023
EBITDA
-€587▲
2023 · -€3,656
Cash flow
-€2,288▲
2023 · -€3,740
Interest coverage
-3.83▲
2023 · -43.29
Debt ≤ 1 year
€26,340▲
2023 · €21,269
Income taxes
€1,547
Ratios withheld: a balance sheet total of €2,514 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,940 companies that looked in July 2024 the way this one looks now, 5.5% went bankrupt within 24 months and 85% are still going.

  • Micro
  • 10 to 20 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
5.5% went bankrupt
8.0% stopped otherwise
85% still going

A further 1.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.5% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 6,940 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 · 2024 against 2023 · 36 lines
Balance sheet Code20232024
Assets
Total assets20/58€2,298€2,514▲
Fixed assets21/28€358€89▼
Tangible fixed assets22/27€358€89▼
Furniture and vehicles24€358€89▼
Current assets29/58€1,941€2,425▲
Amounts receivable within one year40/41€992€490▼
Other amounts receivable41€992€490▼
Cash at bank and in hand54/58€925€1,875▲
Deferred charges and accrued income490/1€24€60▲
Equity and liabilities
Total equity and liabilities10/49€2,298€2,514▲
Equity10/15-€21,270-€23,826▼
Contributions10/11€18,600€18,600=
Profit (loss) carried forward14-€39,870-€42,426▼
Amounts payable17/49€23,569€26,340▲
Amounts payable within one year42/48€21,269€26,340▲
Trade debts44€59€3,284▲
Suppliers440/4€59€3,284▲
Taxes, remuneration and social security45€1,424€1,424=
Taxes450/3€134€1,424▲
Remuneration and social security454/9€1,290-
Other amounts payable47/48€19,785€21,632▲
Accrued charges and deferred income492/3€2,300-
Income statement Code20232024
Turnover70-€36,506
Goods, raw materials, services and sundry goods60/61-€36,895
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€179€268▲
Other operating charges640/8€279€198▼
Gross operating margin9900-€3,377-€389▲
Operating profit (loss)9901-€3,835-€855▲
Financial charges65/66B€84€153▲
Recurring financial charges65€84€153▲
Profit (loss) for the period before taxes9903-€3,919-€1,009▲
Income taxes67/77-€1,547
Profit (loss) for the period9904-€3,919-€2,556▲
Profit (loss) for the period to be appropriated9905-€3,919-€2,556▲
Appropriation of the result
Profit (loss) to be appropriated9906-€39,870-€42,426▼
Profit (loss) brought forward from the previous period14P-€35,951-€39,870▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20192021202220232024Change
Turnover70-€24,846--€36,506-
Goods, raw materials, services and sundry goods60/61-€13,791--€36,895-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630---€179€268▲ 50.0%
Other operating charges640/8-€636€192€279€198▼ 29.1%
Gross operating margin9900€5,518€11,055€773-€3,377-€389▲ 88.5%
Operating profit (loss)9901€4,455€10,419€581-€3,835-€855▲ 77.7%
Financial charges65/66B-€155€161€84€153▲ 81.5%
Recurring financial charges65€143€155€161€84€153▲ 81.5%
Profit (loss) for the period before taxes9903€4,312€10,264€420-€3,919-€1,009▲ 74.3%
Income taxes67/77--€122-€1,547-
Profit (loss) for the period9904€4,312€10,264€298-€3,919-€2,556▲ 34.8%
Profit (loss) for the period to be appropriated9905€4,312€10,264€298-€3,919-€2,556▲ 34.8%
Line20192021202220232024Change
Assets
Total assets20/58€4,657€2,267€1,649€2,298€2,514▲ 9.4%
Fixed assets21/28---€358€89▼ 75.0%
Tangible fixed assets22/27---€358€89▼ 75.0%
Furniture and vehicles24---€358€89▼ 75.0%
Current assets29/58€4,657€2,267€1,649€1,941€2,425▲ 24.9%
Amounts receivable within one year40/41€3,466€1,210€1,357€992€490▼ 50.6%
Trade receivables40--€306---
Other amounts receivable41-€1,210€1,051€992€490▼ 50.6%
Cash at bank and in hand54/58€1,191€1,057€239€925€1,875▲ 103%
Deferred charges and accrued income490/1--€53€24€60▲ 149%
Equity and liabilities
Total equity and liabilities10/49€4,657€2,267€1,649€2,298€2,514▲ 9.4%
Equity10/15-€35,817-€17,649-€17,351-€21,270-€23,826▼ 12.0%
Contributions10/11€18,600€18,600€18,600€18,600€18,600=
Outside capital11-€18,600----
Share premium1100/10-€18,600----
Profit (loss) carried forward14-€54,417-€36,249-€35,951-€39,870-€42,426▼ 6.4%
Amounts payable17/49€40,474€19,916€19,000€23,569€26,340▲ 11.8%
Amounts payable within one year42/48€40,474€19,916€19,000€21,269€26,340▲ 23.8%
Trade debts44€725€55-€59€3,284▲ 5,429%
Suppliers440/4-€55-€59€3,284▲ 5,429%
Taxes, remuneration and social security45-€1,890€1,920€1,424€1,424=
Taxes450/3--€631€134€1,424▲ 960%
Remuneration and social security454/9-€1,890€1,290€1,290--
Other amounts payable47/48-€17,972€17,079€19,785€21,632▲ 9.3%
Accrued charges and deferred income492/3---€2,300--
Line20192021202220232024Change
Profit (loss) for the period9904€4,312€10,264€298-€3,919-€2,556▲ 34.8%
+ Depreciation and write-downs630---€179€268▲ 50.0%
Operating cash flow (approximation)€4,312€10,264€298-€3,740-€2,288▲ 38.8%
Investment in fixed assets (approximation)----€0-
Change in cash---€818€686€950▲ 38.6%

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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Timeline · acts, filings and financial milestones

2025
08-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 8 days late
2024
30-12
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 152 days late
2023
01-09
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 32 days late
2022
30-12
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 152 days late
2021
31-12
Financial Highest result since 2018net €10,264 ▲138%
Operating result €10,419, net result €10,264, both a record.
2020
03-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 95 days late
2019
31-12
Financial Back to profitnet €4,312
Net result €4,312 after one loss-making year.
29-11
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 121 days late
2018
28-09
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 59 days late
2017
30-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 30 days late
2016
26-12
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 148 days late
2014
30-12
NBB filing Annual accounts filed
fiscal year 2013 · full schema · 152 days late
Financial 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.

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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, Sint-Gillis (bij-Brussel) · 1 establishment unit since 2008
seat establishment The establishment unit on the map
Ground area
46 m²
Building footprint
49 m²
Volume, LiDAR
711 m³
Parcel 21013B0303/00L009, Brussels · tallest building 28.2 m, ±5 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
Munthofstraat 188, 1060 Sint-Gillis (bij-Brussel)
Hairdressing
since 20082.174.419.702
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21013B0303/00L009 Brussels 46 m² 1 · 49 m² 28.2 m · 5 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 21,734 companies in sector 96210 we hold annual accounts for 2,836. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded13-11-2008
Fiscal year end31-12
Activities, NACEBEL 2025
96210Hairdressing and barber services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0807737212
Also 9925:BE0807737212
Registered 02-01-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.