Hanghaar Ciseaux
ActiveHanghaar Ciseaux has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €123k and a net result of €20k. Equity is growing by ~63.4% per year across the filed fiscal years. Its solvency ranks better than 44% of 4555 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability83▼-17
Solvency15▲+3
Growth78=
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days only on tighter terms
Liquidity short (current ratio 0.58 against 0.53 in 2024), and 80% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
20%
Return on assets
3.3%
Age of the figures
14 mo
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 31-07-2025 was due by 28-02-2026 and was filed on 11-02-2026, 17 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
17 d early
2024
8 d early
2023
6 d early
2022
14 d early
2021
12 d early
2020
12 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-07-2026 and is due by 28-02-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-07-2026 close15-09-2026 today28-02-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€123k▲ 19.8%
2024 · €102k
2020: €-14k
2021: €-2k
2022: €25k
2023: €67k
2024: €102k
2020 → 2025
Total assets
€611k▼ 1.2%
2024 · €619k
2020: €340k
2021: €342k
2022: €357k
2023: €623k
2024: €619k
2020 → 2025
Net result
€20k▼ 42.8%
2024 · €35k
2020: €-24k
2021: €12k
2022: €27k
2023: €21k
2024: €35k
2020 → 2025
Working capital
€-65k▲ 15.1%
2024 · €-76k
2020: €-36k
2021: €-33k
2022: €-17k
2023: €-86k
2024: €-76k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-2k-€25k€67k▲ 164%€102k▲ 53.2%€123k▲ 19.8%
Operating result€19k-€35k▲ 89.6%€30k▼ 15.3%€49k▲ 65.2%€35k▼ 28.1%
Net result€12k-€27k▲ 125%€21k▼ 21.6%€35k▲ 65.1%€20k▼ 42.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 28% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €611k
Fixed assets
€523k▼ 2.2%
Current assets
€89k▲ 5.2%
Equity and liabilities €611k
Equity
€123k▲ 19.8%
Debt
€489k▼ 5.4%
The debt ratio falls from 83.5% to 80.0%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€60k▼
2024 · €73k
Cash flow
€45k▼
2024 · €59k
Solvency
20.0%▲
2024 · 16.5%
Current ratio
0.58▲
2024 · 0.53
Quick ratio
0.36▲
2024 · 0.30
Debt / equity
3.99▼
2024 · 5.05
ROE
16.6%▼
2024 · 34.7%
ROA
3.3%▼
2024 · 5.7%
Interest coverage
7.76▼
2024 · 9.04
Debt
€489k▼
2024 · €517k
Debt ≤ 1 year
€153k▼
2024 · €160k
Debt > 1 year
€335k▼
2024 · €356k
Income taxes
€7k▲
2024 · €6k
Staff costs
€92k▲
2024 · €65k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€619k€611k▼
Fixed assets21/28€535k€523k▼
Intangible fixed assets21€0-
Tangible fixed assets22/27€535k€523k▼
Land and buildings22€521k€510k▼
Plant, machinery and equipment23€1k€4k▲
Furniture and vehicles24€12k€9k▼
Current assets29/58€84k€89k▲
Stocks and contracts in progress3€37k€34k▼
Stocks30/36€37k€34k▼
Amounts receivable within one year40/41€2k€2k▼
Trade receivables40€2k€2k▼
Other amounts receivable41€193€323▲
Cash at bank and in hand54/58€45k€52k▲
Deferred charges and accrued income490/1€600€600=
Equity and liabilities
Total equity and liabilities10/49€619k€611k▼
Equity10/15€102k€123k▲
Contributions10/11€30k€30k=
Reserves13€72k€93k▲
Distributable reserves133€72k€93k▲
Amounts payable17/49€517k€489k▼
Amounts payable after more than one year17€356k€335k▼
Financial debts170/4€356k€335k▼
Amounts payable within one year42/48€160k€153k▼
Current portion of amounts payable after more than one year42€20k€21k▲
Trade debts44€4k€5k▲
Suppliers440/4€4k€5k▲
Taxes, remuneration and social security45€15k€6k▼
Taxes450/3€10k€2k▼
Remuneration and social security454/9€5k€4k▼
Other amounts payable47/48€121k€121k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Remuneration, social security and pensions62€65k€92k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€25k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€140k€154k▲
Operating profit (loss)9901€49k€35k▼
Financial income75/76B€0€53▲
Recurring financial income75€0€53▲
Financial charges65/66B€8k€8k▼
Recurring financial charges65€8k€8k▼
Profit (loss) for the period before taxes9903€41k€28k▼
Income taxes67/77€6k€7k▲
Profit (loss) for the period9904€35k€20k▼
Profit (loss) for the period to be appropriated9905€35k€20k▼
Appropriation of the result
Profit (loss) to be appropriated9906€35k€20k▼
Transfer to equity691/2€35k€20k▼
To other reserves6921€35k€20k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
11-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
20-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-07
Financial
Highest result since 2020net €35k ▲65.1%
Operating result €49k, net result €35k, both a record.
31-07
Financial
Equity above €100kEq €102k ▲53.2%
4 profitable years in a row build equity to €102k.
23-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
14-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
16-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-07
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
16-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial 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, Oudenburg · 1 establishment unit since 2018
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.
Brugsesteenweg 2278460 OudenburgGround area
256 m²
Building footprint
112 m²
Volume, LiDAR
576 m³
Parcel 35015A0476/00M000, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Hanghaar Ciseaux
since 20182.279.713.893
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35015A0476/00M000 | Flanders | 256 m² | 1 · 112 m² | 7.8 m · 2 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteOudenburg2.279.713.893
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Of 21,679 companies in sector 96210 we hold annual accounts for 2,806. 1,645 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-09-2018
Fiscal year end31-07
Activities, NACEBEL
96021Hairdressing
96210Hairdressing and barber services
47715Retail trade
47722Retail trade
47750Retail sale of cosmetics and toilet articles
47770Retail sale of watches and jewellery
56301Cafés and bars
96022Beauty treatment
96220Beauty care and other beauty treatments
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.