M.AYDIN
ActiveM.AYDIN has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9k and a net result of €3k. Equity is growing by ~67.9% per year across the filed fiscal years. Its solvency ranks better than 63% of 4441 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
86
/ 100
Excellent▼ -7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency86▼-11
Growth78=
Stability100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 1.83 against 2.29 in 2024), but 55.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 30-09-2025 was due by 30-04-2026 and was filed on 27-02-2026, 62 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
62 d early
2024
2 d early
2023
20 d early
2022
46 d late
2020
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
07-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€9k▲ 52.9%
2024 · €6k
2020: €-20k
2022: €-32k
2023: €212
2024: €6k
2020 → 2025
Total assets
€20k▲ 93.8%
2024 · €11k
2020: €36k
2022: €12k
2023: €589
2024: €11k
2020 → 2025
Net result
€3k▼ 45.1%
2024 · €6k
2020: €-35k
2022: €692
2023: €32k
2024: €6k
2020 → 2025
Working capital
€8k▲ 40.3%
2024 · €6k
2020: €-20k
2022: €-33k
2023: €-26
2024: €6k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202022202320242025Trend
Equity€-20k-€-32k▼ 61.5%€212€6k▲ 2,686%€9k▲ 52.9%
Operating result€-35k-€897€33k▲ 3,567%€6k▼ 81.8%€3k▼ 46.0%
Net result€-35k-€692€32k▲ 4,592%€6k▼ 82.4%€3k▼ 45.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 46% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €20k
Fixed assets
€2k
Current assets
€18k
Equity and liabilities €20k
Equity
€9k▲ 52.9%
Debt
€11k▲ 147%
The debt ratio rises from 43.7% to 55.6%: debt grows faster than equity.
Key figures and ratios
EBITDA
€4k▼
2024 · €6k
Cash flow
€3k▼
2024 · €6k
Solvency
44.4%▼
2024 · 56.3%
Current ratio
1.83▼
2024 · 2.29
Quick ratio
1.83▼
2024 · 2.29
Debt / equity
1.25▲
2024 · 0.78
ROE
34.6%▼
2024 · 96.4%
ROA
15.4%▼
2024 · 54.3%
Interest coverage
18.56▼
2024 · 21.35
Debt
€11k▲
2024 · €5k
Debt ≤ 1 year
€10k▲
2024 · €5k
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
Total assets20/58€11k€20k▲
Fixed assets21/28-€2k
Tangible fixed assets22/27-€2k
Current assets29/58€11k€18k▲
Amounts receivable within one year40/41€10k-
Cash & bank54/58€151€14▼
Total equity & liabilities10/49€11k€20k▲
Equity10/15€6k€9k▲
Contributions / capital10/11€15k€15k=
Accumulated profits (losses)14€-9k€-6k▲
Amounts payable17/49€5k€11k▲
Amounts payable within one year42/48€5k€10k▲
Trade debts payable within one year44€1k€446▼
Income statement
Code20242025
Gross operating margin9900€7k€6k▼
Operating result9901€6k€3k▼
Financial income75-€377
Financial charges65€292€193▼
Result before taxes9903€6k€3k▼
Net result for the period9904€6k€3k▼
Result to be appropriated9905€6k€3k▼
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Liquidity doublescurrent ratio 2.29
Current ratio from 0.93 to 2.29.
23-09
State Gazette act
Director changes
Xavier VANHAELEMEESCH
10-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Highest result since 2020net €32k ▲4592%
Operating result €33k, net result €32k, both a record.
15-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 46 days late
2022
30-09
Financial
Back to profitnet €692
Net result €692 after one loss-making year.
2021
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
1 director, last change in 2024
Muhammed AYDIN
CurrentNon-statutory director · since 23-09-2024
23-09-2024
Appointed as Non-statutory director
Not every act has been read: a resignation may be missing here
2 of this company's 2 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2018
Ground area
78 m²
Building footprint
78 m²
Volume, LiDAR
703 m³
Parcel 44816K0502/00L005, Flanders · tallest building 13.6 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
M.AYDIN
since 20182.281.255.403
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44816K0502/00L005 | Flanders | 78 m² | 1 · 78 m² | 13.6 m · 4 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.
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Of 21,679 companies in sector 96210 we hold annual accounts for 2,753. 2,173 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-10-2018
Fiscal year end30-09
Activities, NACEBEL
96021Hairdressing
96210Hairdressing and barber services
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 01-08-2026. Scores and ratios are computed by Checked and are not a credit decision.