Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 1 of the last 1 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 13 % of short-term debt in 2021; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2021
TIMELESS BEAUTY from Kelmis, company number BE0731960119, closed financial year 2021 with a result of € -8,605 after tax. For that financial year TIMELESS BEAUTY recorded a gross margin of € 61,771 and equity of € -66,361. 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 October 10, 2022.
€ -66,361
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -8,605
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -71,361.
People and assets in 2021
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 33,609
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 4,392
Book value of vehicles, furniture and equipment.
Debts at end 2021
€ 139,471
€ 44,875 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 8,135
Supplier invoices still open on the last day of the fiscal year.
€ 10,992
Taxes, VAT and social contributions still to pay.
What happened to TIMELESS BEAUTY?
What happened at TIMELESS BEAUTY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
TIMELESS BEAUTY is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2021: loss of € 8,605. filed late Source: NBB ↗
- New establishment in Kelmis. KBO
- Start of the company according to the CBE. KBO
Management
Behind TIMELESS BEAUTY is Volker CIERPKA.
Directors
According to the 2021 annual accounts
Volker CIERPKA
Manager
Establishments
Establishment units
Physical locations of this company
Route de Liège 194
4720 Kelmis
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0731.960.119
- VAT number
- BE 0731.960.119
- Registered office
- Route de Liège 194, 4720 Kelmis
- Names & denominations
- TIMELESS BEAUTY
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 8 August 2019
- Peppol
- Not registered
- Activities · NACE
Activiteiten van kuuroorden, sauna’s en stoombaden
Sauna's, solaria, baden enz.
Schoonheidsverzorging en andere schoonheidsbehandelingen
Detailhandel in cosmetica en toiletartikelen
Groothandel in parfumerieën en cosmetica
Schoonheidsverzorging