Checked.be
Active
BE 0884.129.165Private limited company
ISA-BEAU
Ooststraat 22 ·9961 Assenede, Belgium· 19 yrs active
Sector: Beauty care and other beauty treatments
(96220)
Conclusion
ISA-BEAU has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-9k) and a net result of €-11k. Equity is shrinking by ~73.8% per year across the filed fiscal years. Its solvency ranks better than 26% of 4350 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Based on the State Gazette, CBE and 4 annual accounts.
Key figures
| Equity | €-9k |
| Net result | €-11k |
| Better than sector | 26% |
| Active | 19 yrs |
Financial profile
64
/ 100
Strong profile, led by profitability.
All 5 axes are computed from data Checked has read.
Health
25
Profitability
100
Solvency
39
Growth
58
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Established
Founded in 2006, 19 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
25
/ 100
Weak
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
No credit
negative equity or figures too weak
Score history
23
2022
28
2023
28
2024
25
2025
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 0.73 (< 1.0)
-10
Quick ratio
Quick ratio 0.07 (< 0.6)
-5
Equity
Negative equity
-25
Profitability
ROE 133% (≥ 10%)
+10
Interest coverage
Interest coverage 11.1× (≥ 3×)
+8
Profit trend
Net profit down YoY
-3
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 30-04-2026 with the NBB · fiscal year 2025 · micro schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
declining
Equity: declining trend of ~73.8%/year over 4 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2025 · NACE 96, Personal service activities · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -4.7% | 28.3% | |
| Net result | €-11k | €3k | |
| Equity | €-9k | €17k | |
| Gross operating margin | €10k | €28k | |
| Total assets | €183k | €74k |
€7k
-58.0%
22-25
€-11k
-608.4%
22-25
€6k
-62.2%
22-25
€183k
-6.6%
22-25
€-9k
-
22-25
€-51k
+2.2%
22-25
€514
-4.3%
22-25
€191k
-0.8%
22-25
€191k
+2.0%
22-25
€0
-100.0%
22-25
0.73
+1.6%
22-25
0.07
+21.6%
22-25
-4.7%
-
22-25
-22.46
-
22-25
133.3%
-
22-25
-6.2%
-658.1%
22-25
11.13
-78.3%
22-25
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - |
| EBITDA | €7k | €17k | €18k | €15k |
| Net profit | €-11k | €-2k | €-4k | €-14k |
| Cash flow | €6k | €17k | €18k | €13k |
| Staff costs | - | - | - | - |
| Income taxes | €514 | €537 | €573 | €499 |
| Dividends | - | - | - | - |
| Total assets | €183k | €195k | €231k | €248k |
| Equity | €-9k | €3k | €4k | €8k |
| Debt | €191k | €193k | €227k | €240k |
| of which ≤ 1y | €191k | €187k | €213k | €217k |
| of which > 1y | €0 | €5k | €14k | €22k |
| Working capital | €-51k | €-52k | €-60k | €-69k |
| Employees (FTE) | - | - | - | - |
Ratios (computed)
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Current ratio | 0.73 | 0.72 | 0.72 | 0.68 |
| Quick ratio | 0.07 | 0.05 | 0.10 | 0.08 |
| Working capital ratio | -27.8% | -26.6% | -25.9% | -27.7% |
| Solvency | -4.7% | 1.4% | 1.9% | 3.3% |
| Debt / equity | -22.46 | 68.02 | 51.12 | 29.34 |
| Long-term debt ratio | 0.00 | 1.69 | 3.07 | 2.74 |
| Interest coverage | 11.13 | 51.38 | 34.57 | 7.71 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | -6.2% | -0.8% | -1.6% | -5.7% |
| ROE | 133.3% | -56.5% | -84.4% | -172.8% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Balance-sheet composition 2025
Full annual accounts (25 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €183k | €195k | €231k | €248k |
| Fixed assets | 21/28 | €42k | €60k | €78k | €100k |
| Intangible fixed assets | 21 | €3k | €5k | €7k | €10k |
| Tangible fixed assets | 22/27 | €39k | €55k | €71k | €90k |
| Current assets | 29/58 | €140k | €135k | €153k | €149k |
| Stocks & contracts in progress | 3 | €128k | €125k | €132k | €131k |
| Amounts receivable within one year | 40/41 | €362 | €2k | €3k | €5k |
| Cash & bank | 54/58 | €10k | €6k | €15k | €10k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €183k | €195k | €231k | €248k |
| Equity | 10/15 | €-9k | €3k | €4k | €8k |
| Contributions / capital | 10/11 | €19k | €19k | €19k | €19k |
| Reserves | 13 | €13k | €13k | €13k | €13k |
| Accumulated profits (losses) | 14 | €-40k | €-29k | €-27k | €-24k |
| Amounts payable | 17/49 | €191k | €193k | €227k | €240k |
| Amounts payable after one year | 17 | €0 | €5k | €14k | €22k |
| Amounts payable within one year | 42/48 | €191k | €187k | €213k | €217k |
| Trade debts payable within one year | 44 | €29k | €36k | €33k | €30k |
| Income statement | |||||
| Gross operating margin | 9900 | €10k | €21k | €21k | €18k |
| Operating result | 9901 | €-10k | €-772 | €-3k | €-12k |
| Financial income | 75 | €141 | €49 | €583 | €167 |
| Financial charges | 65 | €660 | €340 | €524 | €2k |
| Result before taxes | 9903 | €-11k | €-1k | €-3k | €-14k |
| Income taxes | 67/77 | €514 | €537 | €573 | €499 |
| Net result for the period | 9904 | €-11k | €-2k | €-4k | €-14k |
| Result to be appropriated | 9905 | €-11k | €-2k | €-4k | €-14k |
Legal Structure
| NACE primary | Beauty care and other beauty treatments(96220) |
| Legal form | Private limited company(610) |
| Incorporation | 06-10-2006 |
| Status | Active |
| Postal code | 9961 |
Establishment units
ISA-BEAU
since 20072.157.819.636
ISA-BEAU
since 20182.282.013.684
Real-estate footprint
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43004B0774/00H000 | Flanders | 2,808 m² | 1 · 208 m² | 9.9 m · 1 fl. |
| 43004B0667/00B000 | Flanders | 215 m² | 1 · 194 m² | 10.1 m · 1 fl. |
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
Next filing, fiscal year 2026, expected by
2026
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
16-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
05-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
03-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
12-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
04-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
03-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
NBB filing
Belgian State Gazette reading coverage
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
93022Beauty treatment96022Beauty care and other beauty treatments96220Other retail sale of food47279Retail trade47299Retail sale of other household articles47559Retail trade47599Retail trade47714Retail sale of clothing and accessories for women, men, children and babies (general range)47716Retail sale of cosmetics and toilet articles47750Human health activities86909Nutrition and dietetics services86995Personal service activities96040Day spas, saunas and steam baths96230
Names & trade names
| Legal nameNL | ISA-BEAU |
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