WithCFA
ActiveSummary
The computed 12-month bankruptcy probability of WithCFA is 1.5% (moderate). The 2025 annual accounts show equity of €4,787 and a net result of €1,411. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 36% of 4711 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability60▲+37
Solvency35▲+2
Growth52=
Track record94
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals
Three 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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-06-2026, 53 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
53 d early
2024
38 d early
2023
82 d early
2022
282 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 27 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 (2)
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. Usually files around 16 June (3 of the last 4 filed years within 36 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
€103,105▼ 18.0%
2024 · €125,710
EBIT margin
3.5%▲ 5.2pp
2024 · -1.7%
Net result
€1,411
2024 · -€2,726
Working capital
-€13,656▲ 2.4%
2024 · -€13,990
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
Line2022202320242025
Turnover€178,933-€112,549▼ 37.1%€125,710▲ 11.7%€103,105▼ 18.0%
Operating result-€10,318-€15,987-€2,105€3,659
Net result-€10,514below the sector's middle half-€14,116above the sector's middle half-€2,726within the sector's middle half€1,411within the sector's middle half
EBIT margin-5.8%-14.2%▲ 20.0pp-1.7%▼ 15.9pp3.5%▲ 5.2pp
Equity-€8,014below the sector's middle half-€6,102within the sector's middle half€3,376within the sector's middle half▼ 44.7%€4,787within the sector's middle half▲ 41.8%
Total assets€63,347within the sector's middle half-€55,281within the sector's middle half▼ 12.7%€44,691within the sector's middle half▼ 19.2%€48,004within the sector's middle half▲ 7.4%
Debt€71,361-€49,180▼ 31.1%€41,316▼ 16.0%€43,217▲ 4.6%
Working capital-€58,058below the sector's middle half--€40,945below the sector's middle half▲ 29.5%-€13,990within the sector's middle half▲ 65.8%-€13,656within the sector's middle half▲ 2.4%
Solvency-12.7%within the sector's middle half-11.0%within the sector's middle half▲ 23.7pp7.6%within the sector's middle half▼ 3.5pp10.0%within the sector's middle half▲ 2.4pp
Current ratio0.19below the sector's middle half-0.17below the sector's middle half▼ 0.020.40below the sector's middle half▲ 0.230.26below the sector's middle half▼ 0.14
Return on assets (ROA)-16.6%below the sector's middle half-25.5%above the sector's middle half▲ 42.1pp-6.1%below the sector's middle half▼ 31.6pp2.9%within the sector's middle half▲ 9.0pp
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.
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 2025: €3,659 after a loss of €2,105 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €48,004
Fixed assets
€43,292 ▲ 21.9%
Current assets
€4,712 ▼ 48.7%
Equity and liabilities €48,004
Equity
€4,787 ▲ 41.8%
Debt
€43,217 ▲ 4.6%
Debt's share of the balance-sheet total falls from 92.4% to 90.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€8,342▲
2024 · €892
Cash flow
€6,094▲
2024 · €271
Quick ratio
0.07▼
2024 · 0.32
Debt to equity
9.03▼
2024 · 12.24
ROE
29.5%▲
2024 · -80.8%
Interest coverage
4.88▲
2024 · 1.40
Debt ≤ 1 year
€18,367▼
2024 · €23,181
Debt > 1 year
€24,850▲
2024 · €18,134
Income taxes
€540
Staff costs
€5,430▼
2024 · €13,994
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,136 companies that looked in July 2024 the way this one looks now, 4.9% went bankrupt within 24 months and 92% are still going.
- Micro
- 2 to 5 years old
- solvency under 10%
- a profit under 5% of the balance sheet
4.9%
went bankrupt
2.0%
stopped otherwise
92%
still going
A further 1.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.5% 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%.
| 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 2,136 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
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Turnover70 | €178,933 | €112,549 | €125,710 | €103,105 | ▼ 18.0% |
| Non-recurring operating income76A | - | €6,245 | €124 | €221 | ▲ 78.7% |
| Goods, raw materials, services and sundry goods60/61 | €109,046 | €74,812 | €109,852 | €86,375 | ▼ 21.4% |
| Remuneration, social security and pensions62 | €76,351 | €23,344 | €13,994 | €5,430 | ▼ 61.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,506 | €2,997 | €2,997 | €4,683 | ▲ 56.3% |
| Other operating charges640/8 | €348 | €1,653 | €1,096 | €3,178 | ▲ 190% |
| Gross operating margin9900 | €69,887 | €43,981 | €15,982 | €16,951 | ▲ 6.1% |
| Operating profit (loss)9901 | -€10,318 | €15,987 | -€2,105 | €3,659 | ▲ 274% |
| Financial income75/76B | - | - | €16 | - | - |
| Recurring financial income75 | - | - | €16 | - | - |
| Financial charges65/66B | €196 | €8 | €637 | €1,709 | ▲ 168% |
| Recurring financial charges65 | €196 | €8 | €637 | €1,709 | ▲ 168% |
| Profit (loss) for the period before taxes9903 | -€10,514 | €15,979 | -€2,726 | €1,950 | ▲ 172% |
| Income taxes67/77 | - | €1,863 | - | €540 | - |
| Profit (loss) for the period9904 | -€10,514 | €14,116 | -€2,726 | €1,411 | ▲ 152% |
| Profit (loss) for the period to be appropriated9905 | -€10,514 | €14,116 | -€2,726 | €1,411 | ▲ 152% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €63,347 | €55,281 | €44,691 | €48,004 | ▲ 7.4% |
| Fixed assets21/28 | €50,044 | €47,047 | €35,500 | €43,292 | ▲ 21.9% |
| Tangible fixed assets22/27 | €41,494 | €38,497 | €35,500 | €43,292 | ▲ 21.9% |
| Plant, machinery and equipment23 | €41,494 | €38,497 | €35,500 | €32,503 | ▼ 8.4% |
| Furniture and vehicles24 | - | - | - | €10,789 | - |
| Financial fixed assets28 | €8,550 | €8,550 | - | - | - |
| Current assets29/58 | €13,303 | €8,235 | €9,191 | €4,712 | ▼ 48.7% |
| Stocks and contracts in progress3 | - | €1,849 | €1,683 | €3,415 | ▲ 103% |
| Stocks30/36 | - | €1,849 | €1,683 | €3,415 | ▲ 103% |
| Amounts receivable within one year40/41 | €6,151 | €1,500 | - | €566 | - |
| Trade receivables40 | - | €1,500 | - | - | - |
| Other amounts receivable41 | €6,151 | - | - | €566 | - |
| Cash at bank and in hand54/58 | €4,552 | €4,885 | €4,339 | €731 | ▼ 83.2% |
| Deferred charges and accrued income490/1 | €2,600 | - | €3,169 | - | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €63,347 | €55,281 | €44,691 | €48,004 | ▲ 7.4% |
| Equity10/15 | -€8,014 | €6,102 | €3,376 | €4,787 | ▲ 41.8% |
| Contributions10/11 | €2,500 | €2,500 | €2,500 | €2,500 | = |
| Reserves13 | - | €5,000 | €5,000 | €6,000 | ▲ 20.0% |
| Distributable reserves133 | - | €5,000 | €5,000 | €6,000 | ▲ 20.0% |
| Profit (loss) carried forward14 | -€10,514 | -€1,398 | -€4,124 | -€3,713 | ▲ 10.0% |
| Amounts payable17/49 | €71,361 | €49,180 | €41,316 | €43,217 | ▲ 4.6% |
| Amounts payable after more than one year17 | - | - | €18,134 | €24,850 | ▲ 37.0% |
| Financial debts170/4 | - | - | €18,134 | €24,850 | ▲ 37.0% |
| Amounts payable within one year42/48 | €71,361 | €49,180 | €23,181 | €18,367 | ▼ 20.8% |
| Current portion of amounts payable after more than one year42 | - | - | €4,633 | €7,443 | ▲ 60.6% |
| Trade debts44 | €4,500 | - | €6,062 | €2,271 | ▼ 62.5% |
| Suppliers440/4 | €4,500 | - | €6,062 | €2,271 | ▼ 62.5% |
| Taxes, remuneration and social security45 | €15,300 | €7,445 | €2,654 | €540 | ▼ 79.7% |
| Taxes450/3 | €8,451 | €5,341 | €2,654 | €540 | ▼ 79.7% |
| Remuneration and social security454/9 | €6,849 | €2,105 | - | - | - |
| Other amounts payable47/48 | €51,562 | €41,734 | €9,832 | €8,113 | ▼ 17.5% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€10,514 | €14,116 | -€2,726 | €1,411 | ▲ 152% |
| + Depreciation and write-downs630 | €3,506 | €2,997 | €2,997 | €4,683 | ▲ 56.3% |
| Operating cash flow (approximation) | -€7,008 | €17,113 | €271 | €6,094 | ▲ 2,149% |
| Investment in fixed assets (approximation) | - | €0 | €8,550 | -€12,475 | ▼ 246% |
| Change in cash | - | €333 | -€546 | -€3,608 | ▼ 560% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €1,411
Net result €1,411 after one loss-making year.
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
10-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
08-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 282 days late
2023
31-12
Financial
Back to profitnet €14,116
Net result €14,116 after one loss-making year.
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
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, Perwez · 1 establishment unit since 2021
Ground area
1,792 m²
Building footprint
403 m²
Volume, LiDAR
2,083 m³
2 parcels, Wallonia · tallest building 12.5 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
WithCFA
since 20212.323.421.501
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25084C0491/00T000 | Wallonia | 1,421 m² | 1 · 185 m² | - |
| 25101B0087/00N000 | Wallonia | 371 m² | 1 · 218 m² | 12.5 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 24,865 companies in sector 96220 we hold annual accounts for 1,444. 896 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded26-10-2021
Fiscal year end31-12
Activities, NACEBEL 2025
96220Beauty care and other beauty treatments
96210Hairdressing and barber services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0776517563
Also
9925:BE0776517563
Registered
07-11-2025
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.