KELLY ESTHETIC
ActiveSummary
KELLY ESTHETIC has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-24k) and a net result of €-5k. Equity is shrinking by ~13.5% per year across the filed fiscal years. Its solvency ranks better than 16% of 4621 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
24
/ 100
Critical
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability1▼-55
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.08 against 0.1 in 2024; short-term debt: 165.9% and cash: 13.6% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-65.9%
Return on assets
-13.9%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
22232425
2022 to 2025 · latest year €-24k
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 26-07-2026, 5 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
5 d early
2024
3 d early
2023
65 d late
2022
119 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-24k▼ 26.8%
2024 · €-19k
2022: €-16k
2023: €-17k
2024: €-19k
2022 → 2025
Total assets
€36k▲ 71.1%
2024 · €21k
2022: €26k
2023: €22k
2024: €21k
2022 → 2025
Net result
€-5k▼ 131%
2024 · €-2k
2022: €-9k
2023: €-596
2024: €-2k
2022 → 2025
Working capital
€-55k▼ 52.7%
2024 · €-36k
2022: €-38k
2023: €-36k
2024: €-36k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€-16k-€-17k▼ 3.7%€-19k▼ 13.1%€-24k▼ 26.8%
Operating result€-9k-€-551▲ 94.0%€-2k▼ 193%€-4k▼ 163%
Net result€-9k-€-596▲ 93.5%€-2k▼ 264%€-5k▼ 131%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €4k in 2025 against €2k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €36k
Fixed assets
€31k ▲ 80.9%
Current assets
€5k ▲ 27.6%
Key figures and ratios
EBITDA
€-249▼
2024 · €887
Cash flow
€-1k▼
2024 · €330
Solvency
-65.9%▲
2024 · -89.0%
Current ratio
0.08▼
2024 · 0.10
Debt to equity
-2.52▼
2024 · -2.12
ROA
-13.9%▼
2024 · -10.3%
Interest coverage
-1.01▼
2024 · 22.35
Debt
€60k▲
2024 · €40k
Debt ≤ 1 year
€60k▲
2024 · €40k
Income taxes
€538▲
2024 · €518
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 34 lines
Balance sheet
Code20242025
Assets
Total assets20/58€21k€36k▲
Fixed assets21/28€17k€31k▲
Tangible fixed assets22/27€17k€31k▲
Furniture and vehicles24€17k€31k▲
Current assets29/58€4k€5k▲
Amounts receivable within one year40/41-€30
Trade receivables40-€30
Cash at bank and in hand54/58€4k€5k▲
Equity and liabilities
Total equity and liabilities10/49€21k€36k▲
Equity10/15€-19k€-24k▼
Contributions10/11€1k€1k=
Profit (loss) carried forward14€-20k€-25k▼
Amounts payable17/49€40k€60k▲
Amounts payable within one year42/48€40k€60k▲
Trade debts44€3k€2k▼
Suppliers440/4€3k€2k▼
Taxes, remuneration and social security45€4k€3k▼
Taxes450/3€3k€962▼
Remuneration and social security454/9€2k€2k=
Other amounts payable47/48€32k€55k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€4k▲
Other operating charges640/8€1k€345▼
Gross operating margin9900€2k€97▼
Operating profit (loss)9901€-2k€-4k▼
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€40€247▲
Recurring financial charges65€40€247▲
Profit (loss) for the period before taxes9903€-2k€-4k▼
Income taxes67/77€518€538▲
Profit (loss) for the period9904€-2k€-5k▼
Profit (loss) for the period to be appropriated9905€-2k€-5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-20k€-25k▼
Profit (loss) brought forward from the previous period14P€-18k€-20k▼
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
Next filing, fiscal year 2026, expected by
2026
26-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
04-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 65 days late
2023
27-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 119 days late
NBB filing
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, Etterbeek · 1 establishment unit since 2019
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.
Belliardstraat 1591040 EtterbeekGround area
836 m²
Building footprint
640 m²
Volume, LiDAR
11,303 m³
2 parcels, Brussels · tallest building 32.6 m, ±9 floors. Linked by address, not a title deed.
1 establishment unit
Belliardstraat 20, 1040 Etterbeek
since 20192.284.776.404
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21805E0321/00E000 | Brussels | 425 m² | 1 · 477 m² | 32.6 m · 9 fl. |
| 21005A0283/00B002 | Brussels | 411 m² | 1 · 162 m² | 22.2 m · 6 fl. |
Linked by address, not proof of ownership
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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Similar companies · same sector and region
AJB NOVASKIN
BE 0771.848.004
Etterbeek
ANA NAIL BEAUTY
BE 0715.928.096
Etterbeek
Atelier 3
BE 0653.877.790
Etterbeek
BEAUTY BUTTERFLY
BE 0827.457.114
Etterbeek
BEAUTY TIME
BE 0663.650.145
Etterbeek
This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 24,860 companies in sector 96220 we hold annual accounts for 1,443. See the whole sector
Company data · Crossroads Bank
Identification
Legal formGeneral partnership
Founded29-01-2019
Fiscal year end31-12
Activities, NACEBEL 2025
96220Beauty care and other beauty treatments
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.