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TOUSTYLE COIFFURE: what changed

BE 0886.123.110NACE 96.210, Hairdressing and barber servicesOther company

Position among the sector peers

What moved between 2023 and 2024

Net result for the year
-€121
2023 · €3,630-€3,751
Equity
€6,818
2023 · €6,938-€121
Cash
€7,566
2023 · €7,997-€431
Balance sheet total
€8,364
2023 · €10,769-€2,405

Largest movements

2023 to 2024
Assets
  • Receivables within one year -€1,973

    down €1,973 (-93.9%), from €2,101 to €127

  • Cash -€431

    down €431 (-5.4%), from €7,997 to €7,566

    mainly Other debts (-€2,366) and Net result for the year (-€121)

Equity and liabilities
  • Other debts -€2,366

    down €2,366 (-71.2%), from €3,323 to €957

  • Profit (loss) carried forward -€121

    down €121 (-1.0%), from -€11,662 to -€11,782

Income statement
  • Gross operating margin -€3,730

    down €3,730, from €3,660 to -€70

Change in the result, 2023 to 2024

effect on the result

For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.

Result 2023 €3,630
Gross operating margin -€3,730
Other operating charges -€16
Financial income -€22
Financial charges +€17
Result 2024 -€121
raises the resultlowers the result

Derived cash bridge

cash 2023 to 2024

The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.

From operations -€431
Investment €0
Financing €0
Cash 2023 €7,997
Net result for the year -€121
Receivables within one year +€1,973
Tax, wage and social debts +€82
Other debts -€2,366
Cash 2024 €7,566
brings cash intakes cash out
Every line side by side 30 lines
Line Code 2023 2024 Change %
Total assets 20/58 €10,769 €8,364 -€2,405 -22.3%
Formation expenses 20 €0 - =
Fixed assets 21/28 €25 €25 = 0.0%
Intangible fixed assets 21 €0 - =
Financial fixed assets 28 €25 €25 = 0.0%
Current assets 29/58 €10,744 €8,339 -€2,405 -22.4%
Stocks and contracts in progress 3 €646 €646 = 0.0%
Stocks 30/36 €646 €646 = 0.0%
Amounts receivable within one year 40/41 €2,101 €127 -€1,973 -93.9%
Trade receivables 40 €2,101 €127 -€1,973 -93.9%
Cash at bank and in hand 54/58 €7,997 €7,566 -€431 -5.4%
Total equity and liabilities 10/49 €10,769 €8,364 -€2,405 -22.3%
Equity 10/15 €6,938 €6,818 -€121 -1.7%
Contributions 10/11 €18,600 €18,600 = 0.0%
Profit (loss) carried forward 14 -€11,662 -€11,782 -€121 -1.0%
Amounts payable 17/49 €3,830 €1,546 -€2,284 -59.6%
Amounts payable within one year 42/48 €3,830 €1,546 -€2,284 -59.6%
Taxes, remuneration and social security 45 €507 €589 +€82 +16.2%
Taxes 450/3 €507 €589 +€82 +16.2%
Other amounts payable 47/48 €3,323 €957 -€2,366 -71.2%
Other operating charges 640/8 - €16 +€16
Gross operating margin 9900 €3,660 -€70 -€3,730
Operating profit (loss) 9901 €3,660 -€86 -€3,746
Financial income 75/76B €32 €10 -€22 -68.2%
Recurring financial income 75 €32 €10 -€22 -68.2%
Financial charges 65/66B €62 €45 -€17 -27.5%
Recurring financial charges 65 €62 €45 -€17 -27.5%
Profit (loss) for the period before taxes 9903 €3,630 -€121 -€3,751
Profit (loss) for the period 9904 €3,630 -€121 -€3,751
Profit (loss) for the period to be appropriated 9905 €3,630 -€121 -€3,751

Value

latest balance sheet 31-12-2024 · indication, not a valuation or advice

Indicative value of the equity

Indication, not a valuation or advice
€8,523 to €10,569

Midpoint €9,375 · 50% capitalised earnings, 50% adjusted equity

Capitalisation rate 12% result over 3 years earnings weight 50%

Adjusted equity €6,818
Capitalised earnings €10,229 to €14,320
Indication €8,523 to €10,569

Adjusted equity

balance sheet 31-12-2024
Equity (10/15)
€6,818
Revaluation of assets
€0
Deferred tax on the revaluation
€0
Other adjustment
€0
Adjusted equity
€6,818

Capitalised earnings

net result for the year (9904)
2024
-€121
2023
€3,630
2022
€788
2021
€6,855
excluding non-recurring income and charges
-€330
2020
€1,036
Average result
€1,432
Divided by the capitalisation rate
14% / 12% / 10%
Capitalised earnings
€10,229 / €11,933 / €14,320

Limits of the indication

  • Checked holds no market prices or comparable transactions.
  • Anything after the latest accounts and items off the balance sheet (guarantees, leases, disputes) are left out.
  • Checked does not know the real value of buildings, stock and receivables. Enter your own revaluation or adjustment for it.
  • The owner's role in the business, synergies for a buyer and the tax consequences of a sale are left out.

For a valuation to base a decision on, go to a company auditor or a certified accountant.

Calculation and sources

Source: filed annual accounts (NBB) and main activity (KBO). The movements compare the financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. The value is an indication, not a valuation or advice. Prepared on 13 November 2026 via checked.be.