Bankrupt · Opening faillissement (CBE)

EURO-BEAUTY

BE0427134649

Rechtspersoon Public limited company 1 establishment

Albertlaan 42/44, 1190 Vorst

Behind the company: Errol RAINESS.

Start date

3 May 1985

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Negative equity NBB

    More debt than assets in 4 of the last 4 fiscal years.

  • Tight liquidity NBB

    Cash and receivables cover 0 % of short-term debt in 2021; threshold 65 %.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2021

EURO-BEAUTY from Vorst, company number BE0427134649, closed financial year 2021 with a result of € -133,240 after tax. For that financial year EURO-BEAUTY recorded a gross margin of € -97,852 and equity of € -1 million. Compared with financial year 2020, the result moved from € 1.5 million to € -133,240. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 28, 2022.

What it is worth Caution

€ -1 million

▼ € 133,240 vs 2020

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -133,240

▼ still € 1.5 million profit in 2020

Profit after tax over the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -1.1 million.

People and assets in 2021

Full-time equivalents estimate

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Debts at end 2021

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 625,400

▲ 22% vs 2020

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 28,987

▲ 145% vs 2020

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

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Key figures per fiscal year Download key figures (CSV)
2018201920202021Change 2020 → 2021
Gross margin € -37,647 € -4,784 € 1,524,760 € -97,852 ▼ € 1.6 million
Profit after taxes € -57,539 € -23,628 € 1,492,842 € -133,240 ▼ € 1.6 million
Equity € -2,377,904 € -2,401,532 € -908,690 € -1,041,930 ▼ € 133,240
Total debts € 2,411,687 € 2,435,315 € 942,473 € 1,075,713 ▲ 14%
Land & buildings € 33,783 € 33,783 € 33,783 € 33,783
Retained profit € -2,408,891 € -2,432,519 € -939,676 € -1,072,917 ▼ € 133,240
Balance sheet total € 33,783 € 33,783 € 33,783 € 33,783

Key figures of EURO-BEAUTY, fiscal years 2018 to 2021, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2022 has not been filed yet; it was expected before 31 July 2023.

What happened to EURO-BEAUTY?

What happened at EURO-BEAUTY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

EURO-BEAUTY is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2021: loss of € 133,240 (▼ € 1.6 million vs 2020). Source: NBB ↗
  • New establishment in Brussel. KBO
  • Start of the company according to the CBE. KBO

In short

From € 57,539 loss in 2018 to € 133,240 loss in 2021.

Paid € 28,420 in corporate taxes since 2018.

Best year ever: 2020, with € 1.5 million profit.

Management

Errol RAINESS
EURO-BEAUTY

Behind EURO-BEAUTY is Errol RAINESS.

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Directors

According to the 2021 annual accounts

Errol RAINESS

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Albertlaan 42/44

1190 Vorst

2.028.182.601

Verdunstraat 608

1130 Brussel

Active since 8 July 1985

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0427.134.649
VAT number
BE 0427.134.649
Registered office
Albertlaan 42/44, 1190 Vorst
Names & denominations
EURO-BEAUTY
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Opening faillissement
Start date
3 May 1985
Peppol
Not registered

Frequently asked questions

What is the address of EURO-BEAUTY?
The registered office of EURO-BEAUTY is located at Albertlaan 42/44, 1190 Vorst.
Is EURO-BEAUTY still active?
No. The CBE lists EURO-BEAUTY with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is EURO-BEAUTY registered on Peppol?
No, EURO-BEAUTY is currently not registered on the Peppol network.
What is the enterprise number of EURO-BEAUTY?
The enterprise number of EURO-BEAUTY is BE0427134649.
When was EURO-BEAUTY founded?
EURO-BEAUTY was founded on 3 May 1985.
Who owns EURO-BEAUTY?
Behind EURO-BEAUTY is Errol RAINESS.