Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 11 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
HAIR MASTERS from Beveren-Kruibeke-Zwijndrecht, company number BE0878837816, closed financial year 2025 with a result of € 20,401 after tax. For that financial year HAIR MASTERS recorded a gross margin of € 69,253 and equity of € 33,129. Compared with financial year 2024, the result moved from € 19,867 to € 20,401. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on February 16, 2026.
€ 33,129
▲ 160% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 20,401
▲ 3% vs 2024
Profit after tax over the fiscal year.
€ 490
▼ 84% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -60,471.
People and assets in 2025
€ 34,523
▼ 35% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 790
▼ 54% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 54,761
▼ 31% vs 2024
€ 15,242 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 21,029
▼ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 15,606
▼ 17% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 94,280 | € 33,045 | € 92,982 | € 69,253 | ▼ 26% |
| Profit after taxes | € 7,977 | € -51,468 | € 19,867 | € 20,401 | ▲ 3% |
| Equity | € 44,329 | € -7,139 | € 12,728 | € 33,129 | ▲ 160% |
| Total debts | € 76,515 | € 159,220 | € 121,204 | € 91,396 | ▼ 25% |
| Cash | € 14,295 | € 4,563 | € 3,105 | € 490 | ▼ 84% |
| Land & buildings | € 749 | € 574 | € 383 | € 191 | ▼ 50% |
| Retained profit | € -49,271 | € -100,739 | € -80,872 | € -60,471 | ▲ € 20,401 |
| Bank debt | € 34,428 | € 105,648 | € 78,981 | € 54,761 | ▼ 31% |
| Balance sheet total | € 120,845 | € 152,080 | € 133,932 | € 124,525 | ▼ 7% |
Key figures of HAIR MASTERS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to HAIR MASTERS?
What happened at HAIR MASTERS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 20,401 (▲ 3% vs 2024). filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Beveren-Kruibeke-Zwijndrecht. KBO
- Zeyneb Usul became a director. NBB
In short
From € 7,977 profit in 2022 to € 20,401 profit in 2025.
Paid € 790 in corporate taxes since 2022.
Best year ever: 2025, with € 20,401 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind HAIR MASTERS are Serhat Usul and Zeyneb Usul.
Directors
According to the 2025 annual accounts
Serhat Usul
Manager
Zeyneb Usul
Manager
since 2006
Establishments
Establishment units
Physical locations of this company
Klaasdekkerstraat(BEV) 17
9120 Beveren-Kruibeke-Zwijndrecht
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Self-hosted
Hosting
CLOUDFLARENET - Cloudflare, Inc., US
Domain
Domain
hpluspro.com
Registered
2022-05-30
Registrar
Realtime Register B.V.
Expires
2026-05-30
Website info
Features
Security
Details
- Company number
- 0878.837.816
- VAT number
- BE 0878.837.816
- Registered office
- Klaasdekkerstraat(BEV) 17, 9120 Beveren-Kruibeke-Zwijndrecht
- Names & denominations
- HAIR MASTERS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 January 2006
- Peppol
- Active · Active since 29 Oct 2025
- Contact
- hpluspro.com
- Activities · NACE
Groothandel in parfumerieën en cosmetica
Cafés en bars