THE BEAUTY SOLUTION
ActiveThe computed 12-month bankruptcy probability of THE BEAUTY SOLUTION is 2.7% (moderate). The 2024 annual accounts show negative equity (€-15k) and a net result of €-14k. Equity is shrinking by ~239.6% per year across the filed fiscal years. Its solvency ranks better than 22% 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
25
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability6▼-39
Solvency0▼-23
Growth32=
Track record94
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.71 against 0.61 in 2023; short-term debt: 34.6% and cash: 9.3% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Five 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
-33.6%
Return on assets
-31.1%
Age of the figures
21 mo
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
222324
2022 to 2024 · latest year €-15k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-07-2025, 29 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
29 d early
2023
30 d late
2022
21 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-15k▼ 1,266%
2023 · €-1k
2022: €4k
2023: €-1k
2022 → 2024
Total assets
€44k▼ 33.8%
2023 · €67k
2022: €69k
2023: €67k
2022 → 2024
Net result
€-14k▼ 175%
2023 · €-5k
2022: €-1k
2023: €-5k
2022 → 2024
Working capital
€-4k▲ 68.6%
2023 · €-14k
2022: €-991
2023: €-14k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€4k-€-1k€-15k▼ 1,266%
Operating result€-810-€-3k▼ 231%€-10k▼ 261%
Net result€-1k-€-5k▼ 374%€-14k▼ 175%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €10k in 2024 against €3k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €44k
Fixed assets
€34k▼ 25.1%
Current assets
€11k▼ 51.2%
Key figures and ratios
EBITDA
€2k▼
2023 · €9k
Cash flow
€-2k▼
2023 · €7k
Solvency
-33.6%▼
2023 · -1.6%
Current ratio
0.71▲
2023 · 0.61
Quick ratio
0.37▼
2023 · 0.49
Debt / equity
-3.98▲
2023 · -62.43
ROA
-31.1%▼
2023 · -7.5%
Interest coverage
0.66▼
2023 · 4.28
Debt
€59k▼
2023 · €68k
Debt ≤ 1 year
€15k▼
2023 · €37k
Debt > 1 year
€44k▲
2023 · €31k
Income taxes
€407▼
2023 · €582
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€67k€44k▼
Fixed assets21/28€45k€34k▼
Tangible fixed assets22/27€45k€34k▼
Plant, machinery and equipment23€7k€5k▼
Furniture and vehicles24-€806
Leasing and similar rights25€38k€28k▼
Current assets29/58€22k€11k▼
Stocks and contracts in progress3€4k€5k▲
Stocks30/36€4k€5k▲
Amounts receivable within one year40/41€6k€9▼
Trade receivables40€6k€0▼
Other amounts receivable41€95€9▼
Cash at bank and in hand54/58€11k€4k▼
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€67k€44k▼
Equity10/15€-1k€-15k▼
Contributions10/11€5k€5k=
Profit (loss) carried forward14€-6k€-20k▼
Amounts payable17/49€68k€59k▼
Amounts payable after more than one year17€31k€44k▲
Financial debts170/4€31k€44k▲
Amounts payable within one year42/48€37k€15k▼
Current portion of amounts payable after more than one year42€8k€8k▲
Trade debts44€2k€2k▲
Suppliers440/4€2k€2k▲
Taxes, remuneration and social security45€5k€5k▲
Taxes450/3€5k€5k▲
Other amounts payable47/48€22k€0▼
Accrued charges and deferred income492/3€1k€0▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€12k▲
Other operating charges640/8€2k€12k▲
Gross operating margin9900€12k€14k▲
Operating profit (loss)9901€-3k€-10k▼
Financial income75/76B€418€1▼
Recurring financial income75€418€1▼
Financial charges65/66B€2k€4k▲
Recurring financial charges65€2k€4k▲
Profit (loss) for the period before taxes9903€-4k€-13k▼
Income taxes67/77€582€407▼
Profit (loss) for the period9904€-5k€-14k▼
Profit (loss) for the period to be appropriated9905€-5k€-14k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-6k€-20k▼
Profit (loss) brought forward from the previous period14P€-1k€-6k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-14k
Net result drops to €-14k, the lowest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
21-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Gent · 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.
Eksterstraat 179032 GentGround area
412 m²
Building footprint
130 m²
Volume, LiDAR
139 m³
Parcel 44074B0433/00S000, Flanders · tallest building 6.7 m. Linked by address, not a title deed.
1 establishment unit
THE BEAUTY SOLUTION
since 20212.324.219.770
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44074B0433/00S000 | Flanders | 412 m² | 1 · 129 m² | 6.7 m |
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.
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Of 24,858 companies in sector 96220 we hold annual accounts for 1,441. 824 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-11-2021
Fiscal year end31-12
Activities, NACEBEL
96022Beauty treatment
96220Beauty care and other beauty treatments
47750Retail sale of cosmetics and toilet articles
86909Human health activities
86995Nutrition and dietetics services
96040Personal service activities
96230Day spas, saunas and steam baths
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:INFO@taniavansele.be
Phone:0476887835