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Elegance

Active
Private limited companyfounded 2017active for 9 yearsBrederodestraat 151, 2018 Antwerpen, BelgiumKBO/BCE: BE 0674.653.311
Summary

The computed 12-month bankruptcy probability of Elegance is 7.7% (elevated). For Elegance, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €455 and a net result of -€5,544. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 42% of 5,592 sector peers (NACE 96, financial year 2023). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.

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EleganceActive
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Overview

Activity
Hairdressing and barber services
NACE 96210
1 site
Size
€3,427total assets 2023
Equity
€455
Loss
-€5,544
Turnover not published (micro format)
Financial health
Bankruptcy probabilitywithin 12 months
7.7%
2023 figures too old to score
Structure
2024 accounts not filed, 727 days past the deadline1 of 3 deeds summarised
Signalsraises riskFigures for financial year 2023 (filed 07-12-2023)2 financial years not filed after the legal deadline; last filed accounts filed 30 days late; 1 of the last 3 lateLoss of €5,544 (financial year 2023)Two or more financial years not filed2023 accounts filed 30 days latelowers riskSize: total assets €3,427Show the evidence

Bankruptcy probability

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Weak
Solvency 38-62
equity 13.3% of total assets
Liquidity 52-23
short-term debt 86.7% · cash 42.2%
Profitability 0-100
return on assets -161.8%
Bankruptcy probability, 12 months
7.7% Elevated
0%0.5%1.5%4%10%≥ 25%

About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (7,621 companies, NACE 96, micro)
Last 24 months 11-2024: 1.6%lowest value 12-2024: 1.8%▲ +0.2 percentage points vs 11-2024 01-2025: 3.3%▲ +1.5 percentage points vs 12-2024 02-2025: 3.4%▲ +0.1 percentage points vs 01-2025 03-2025: 4.4%▲ +1.0 percentage point vs 02-2025 04-2025: 6.2%▲ +1.8 percentage points vs 03-2025 05-2025: 6.2%● unchanged vs 04-2025 06-2025: 6.1%▼ -0.1 percentage points vs 05-2025 07-2025: 5.6%▼ -0.5 percentage points vs 06-2025 08-2025: 5.6%● unchanged vs 07-2025 09-2025: 5.5%▼ -0.1 percentage points vs 08-2025 10-2025: 5.5%● unchanged vs 09-2025 11-2025: 7.3%▲ +1.8 percentage points vs 10-2025 12-2025: 7.0%▼ -0.3 percentage points vs 11-2025 01-2026: 8.1%▲ +1.1 percentage points vs 12-2025highest value 02-2026: 8.1%● unchanged vs 01-2026highest value 03-2026: 8.1%● unchanged vs 02-2026highest value 04-2026: 8.1%● unchanged vs 03-2026highest value 05-2026: 8.1%● unchanged vs 04-2026highest value 06-2026: 8.1%● unchanged vs 05-2026highest value 07-2026: 8.1%● unchanged vs 06-2026highest value 08-2026: 8.1%● unchanged vs 07-2026highest value 09-2026: 8.1%● unchanged vs 08-2026highest value 10-2026: 7.7%▼ -0.4 percentage points vs 09-2026
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Signals

Six signals.
lowers riskraises risk
raises risk · Figures for financial year 2023 (filed 07-12-2023)
NBB · annual accounts
raises risk · 2 financial years not filed after the legal deadline; last filed accounts filed 30 days late; 1 of the last 3 late
NBB · filings
lowers risk · Size: total assets €3,427
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Loss of €5,544 (financial year 2023)
NBB · annual accounts
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-03-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 4 filings
Position against the passed deadline
31-03-2024 year end31-10-2024 deadline28-10-2026 today
raises risk · 2023 accounts filed 30 days late
The financial year that closed on 31-03-2023 was due by 31-10-2023 and was filed on 30-11-2023, 30 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 4 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
30 days late
2022
30 days late
2020
41 days late
2019
106 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 52 days after the deadline; the sector median (NACE 96) for financial year 2024 is on the deadline day, and 48% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignation: Hassan Tsouli (manager)Appointment: Hassan Tsouli (gewone bestuurder)…
  2. Annual accounts filedfinancial year 2023 · micro…
  3. Annual accounts filedfinancial year 2022 · micro…

Key points

  • Risk: 2024 accounts not fileddeadline was 31-10-2024 727 days past the deadline View
  • One director decidessole director in office 1 View
  • Active since 2017founded 19-04-2017 9 years View

By topic

Financials

Financial year
2023
Total assets
€3,427
Loss
-€5,544
Solvency
13.3%
Total assets▼ 47.6%
Net result
20192023
Go to Financials

Timeline

Events
8
Since
2020
  1. 31-03-2022Back to profit
  2. 31-03-2022Liquidity more than 115 times
  3. 11-12-2020Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Hairdressing and barber servicesNACE 96210
Founded
19-04-2017
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

Key facts about Elegance

What is the company number of Elegance?
0674.653.311. In Belgium the VAT number is the company number with BE in front: BE 0674.653.311.
Where is Elegance based?
The registered office is at Brederodestraat 151, 2018 Antwerpen.Company details
What does Elegance do?
According to the KBO register, the main activity is hairdressing and barber services (NACE 96210).
What is the legal form of Elegance?
Private limited company (BV).
When was Elegance founded?
On 19-04-2017.
Is Elegance still active?
Yes, Elegance is an active enterprise in the KBO register.
How many employees does Elegance have?
On average 0.1 full-time equivalents in financial year 2020, according to the filed annual accounts.Financials
What is the turnover of Elegance?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is Elegance profitable?
In financial year 2023, Elegance made a loss of €5,544.
Where can I find the annual accounts of Elegance?
Elegance filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2023.

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