WARDA STYLE
Open bankruptcyA bankruptcy procedure is open for WARDA STYLE according to publications in the Belgian State Gazette; curator: GAUTIER PIRARD. The 2023 annual accounts show equity of €10k and a net result of €23k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 22-08-2024, 22 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
22 d late
2022
24 d early
2021
19 d early
2020
73 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Turnover
€175k▲ 558%
2022 · €27k
2020: €9k
2021: €42k
2022: €27k
2020 → 2023
EBIT margin
14.7%▲ 44.3pp
2022 · -29.6%
2020: -33.0%
2021: -12.0%
2022: -29.6%
2020 → 2023
Net result
€23k
2022 · €-8k
2020: €-3k
2021: €-5k
2022: €-8k
2020 → 2023
Working capital
€-8k▲ 42.3%
2022 · €-14k
2020: €18
2021: €-5k
2022: €-14k
2020 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2020202120222023Trend
Turnover€9k-€42k▲ 361%€27k▼ 36.2%€175k▲ 558%
Equity€18-€-5k€-13k▼ 161%€10k
Operating result€-3k-€-5k▼ 68.0%€-8k▼ 57.4%€26k
Net result€-3k-€-5k▼ 68.0%€-8k▼ 59.9%€23k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2023: €26k after a loss of €8k in 2022, the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €27k
Fixed assets
€18k▲ 1,992%
Current assets
€9k▲ 267%
Equity and liabilities €27k
Equity
€10k
Debt
€17k
Debt finances 61.9% of the balance-sheet total.
Key figures and ratios
EBITDA
€33k▲
2022 · €-8k
Cash flow
€31k▲
2022 · €-8k
Solvency
38.1%
Current ratio
0.53
Quick ratio
0.53
Debt / equity
1.62
ROE
224.7%
ROA
85.7%
Interest coverage
34.96▲
2022 · -48.68
Debt
€17k▲
2022 · €16k
Debt ≤ 1 year
€17k▲
2022 · €16k
Staff costs
€43k▲
2022 · €17k
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 · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€3k€27k▲
Fixed assets21/28€882€18k▲
Tangible fixed assets22/27€882€18k▲
Furniture and vehicles24€882€18k▲
Financial fixed assets28-€500
Current assets29/58€2k€9k▲
Amounts receivable within one year40/41€35€206▲
Trade receivables40-€171
Other amounts receivable41€35€35=
Cash at bank and in hand54/58€2k€9k▲
Equity and liabilities
Total equity and liabilities10/49€3k€27k▲
Equity10/15€-13k€10k▲
Contributions10/11€3k€3k=
Outside capital11€3k-
Share premium1100/10€3k-
Profit (loss) carried forward14€-16k€7k▲
Amounts payable17/49€16k€17k▲
Amounts payable within one year42/48€16k€17k▲
Trade debts44€3k€143▼
Suppliers440/4€3k€143▼
Taxes, remuneration and social security45€13k€9k▼
Taxes450/3€2k€3k▲
Remuneration and social security454/9€11k€5k▼
Other amounts payable47/48€195€8k▲
Income statement
Code20222023
Turnover70€27k€175k▲
Goods, raw materials, services and sundry goods60/61€17k€98k▲
Remuneration, social security and pensions62€17k€43k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€257€7k▲
Other operating charges640/8€348€1k▲
Gross operating margin9900€9k€77k▲
Operating profit (loss)9901€-8k€26k▲
Financial income75/76B-€3
Recurring financial income75-€3
Non-recurring financial income76B-€3
Financial charges65/66B€156€2k▲
Recurring financial charges65€156€939▲
Non-recurring financial charges66B-€1k
Profit (loss) for the period before taxes9903€-8k€23k▲
Profit (loss) for the period9904€-8k€23k▲
Profit (loss) for the period to be appropriated9905€-8k€23k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-16k€7k▲
Profit (loss) brought forward from the previous period14P€-8k€-16k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
10-03
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SRL WARDA STYLE RUE DE BIRMIN- GHAM 289, 1070 ANDERLECHT · event 27-02-2025
2024
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
2023
31-12
Financial
Back to profitnet €23k
Net result €23k after 3 loss-making years.
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-8k
Net result drops to €-8k, the lowest in the series.
12-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
12-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 73 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Anderlecht · 1 establishment unit since 2020
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.
Birminghamstraat 2891070 AnderlechtGround area
93 m²
Building footprint
124 m²
Volume, LiDAR
1,291 m³
Parcel 21302A0519/00D006, Brussels · tallest building 13.5 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
WARDA STYLE
since 20202.299.644.920
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21302A0519/00D006 | Brussels | 93 m² | 1 · 124 m² | 13.5 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | GAUTIER PIRARD AVENUE FRANKLIN ROOSE-
VELT 51, 1050 IXELLES |
27-02-2025 → present |
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Of 21,750 companies in sector 96210 we hold annual accounts for 2,832. 2,289 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-01-2020
Fiscal year end31-12
Activities, NACEBEL
96021Hairdressing
96210Hairdressing and barber services
49320Taxi operation
49330On-demand passenger transport by chauffeured vehicle
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.