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So’Belle

Active
Private limited companyfounded 20215 yrs activeOombergenstraat 53a, 9620 Zottegem, BelgiumKBO/BCE: BE 0772.308.159
Summary

The computed 12-month bankruptcy probability of So’Belle is 3.8% (moderate). The 2025 annual accounts show negative equity (-€542) and a net result of -€8,303. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 8% of 4735 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability0▼-14
Solvency0▼-89
Growth58▼-20
Track record94
Bankruptcy probability, 12 months
3.8% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Age of the figures
Age of the figures
15 mo
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 5 years 0 10 y
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
22232425
2022 to 2025 · latest year -€542
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 01-02-2026, 1 day later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filings
Deviation from the deadline
2025
1 d late
2024
on the day
2023
on the day
2022
212 d 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 53 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 48% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 1 February (3 of the last 4 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close30-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 5 August 2021, So’Belle was incorporated as a Private limited company.1 Total assets went from EUR 8,059 in 2022 to EUR 12,160 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022 and 2024

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Financials · fiscal year 2025, micro schema

Equity
-€542
2024 · €7,760
Total assets
€180▼ 98.5%
2024 · €12,160
Net result
-€8,303▼ 626%
2024 · -€1,143
Working capital
-€542
2024 · €7,760
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 96, Personal service activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line2022202320242025
Operating result-€14,633-€5,738-€891-€8,124▼ 812%
Net result-€14,916below the sector's middle half-€5,819within the sector's middle half-€1,143within the sector's middle half-€8,303below the sector's middle half▼ 626%
Equity€3,084within the sector's middle half-€8,903within the sector's middle half▲ 189%€7,760within the sector's middle half▼ 12.8%-€542within the sector's middle half
Total assets€8,059below the sector's middle half-€8,903below the sector's middle half▲ 10.5%€12,160below the sector's middle half▲ 36.6%€180below the sector's middle half▼ 98.5%
Debt€4,975-€0▼ 100%€4,400€723▼ 83.6%
Working capital€3,084within the sector's middle half-€8,903within the sector's middle half▲ 189%€7,760within the sector's middle half▼ 12.8%-€542within the sector's middle half
Solvency38.3%within the sector's middle half-100.0%above the sector's middle half▲ 61.7pp63.8%above the sector's middle half▼ 36.2pp
Current ratio1.62within the sector's middle half-2.76above the sector's middle half
Return on assets (ROA)-185.1%below the sector's middle half-65.4%above the sector's middle half▲ 250.4pp-9.4%below the sector's middle half▼ 74.8pp
above within below the middle half (P25 to P75) of NACE 96, Personal service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000-€10,000€0€10,000Operating result 2022: -€14,633-€14,633Net result 2022: -€14,916-€14,916Operating result 2023: €5,738€5,738Net result 2023: €5,819€5,819Operating result 2024: -€891-€891Net result 2024: -€1,143-€1,143Operating result 2025: -€8,124-€8,124Net result 2025: -€8,303-€8,3032022202320242025-€10,000-€5,000€0€5,000Operating result 2023: €5,738€5,740Net result 2023: €5,819€5,820Operating result 2024: -€891-€891Net result 2024: -€1,143-€1,140Operating result 2025: -€8,124-€8,120Net result 2025: -€8,303-€8,300202320242025
The operating result stays negative: a loss of €8,124 in 2025 against €891 in 2024; the loss grows.
Key figures and ratios
2025 value · change against 2024
Debt ≤ 1 year
€723▼
2024 · €4,400
Ratios withheld: a balance sheet total of €180 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,010 companies that looked in July 2024 the way this one looks now, 7.9% went bankrupt within 24 months and 83% are still going.

  • Micro
  • 5 to 10 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
7.9% went bankrupt
8.4% stopped otherwise
83% still going

A further 0.8% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 3.8% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 6,010 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 31 lines
Balance sheet Code20242025
Assets
Total assets20/58€12,160€180▼
Current assets29/58€12,160€180▼
Amounts receivable within one year40/41€12,160€1▼
Trade receivables40€12,160€0▼
Other amounts receivable41€1€1=
Cash at bank and in hand54/58€0€180▲
Equity and liabilities
Total equity and liabilities10/49€12,160€180▼
Equity10/15€7,760-€542▼
Contributions10/11€18,000€18,000=
Profit (loss) carried forward14-€10,240-€18,542▼
Amounts payable17/49€4,400€723▼
Amounts payable within one year42/48€4,400€723▼
Financial debts43€36€0▼
Credit institutions430/8€36€0▼
Trade debts44€1,880€0▼
Suppliers440/4€1,880€0▼
Taxes, remuneration and social security45€2,406€43▼
Taxes450/3€2,406€43▼
Other amounts payable47/48€78€679▲
Income statement Code20242025
Other operating charges640/8€2,803€0▼
Gross operating margin9900€1,912-€8,124▼
Operating profit (loss)9901-€891-€8,124▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€252€178▼
Recurring financial charges65€252€178▼
Profit (loss) for the period before taxes9903-€1,143-€8,303▼
Profit (loss) for the period9904-€1,143-€8,303▼
Profit (loss) for the period to be appropriated9905-€1,143-€8,303▼
Appropriation of the result
Profit (loss) to be appropriated9906-€10,240-€18,542▼
Profit (loss) brought forward from the previous period14P-€9,097-€10,240▼

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2022202320242025Change
Other operating charges640/8€666€0€2,803€0▼ 100%
Gross operating margin9900-€13,967€5,738€1,912-€8,124▼ 525%
Operating profit (loss)9901-€14,633€5,738-€891-€8,124▼ 812%
Financial income75/76B€38€81€0--
Recurring financial income75€38€81€0--
Financial charges65/66B€320€0€252€178▼ 29.2%
Recurring financial charges65€320€0€252€178▼ 29.2%
Profit (loss) for the period before taxes9903-€14,916€5,819-€1,143-€8,303▼ 626%
Profit (loss) for the period9904-€14,916€5,819-€1,143-€8,303▼ 626%
Profit (loss) for the period to be appropriated9905-€14,916€5,819-€1,143-€8,303▼ 626%
Line2022202320242025Change
Assets
Total assets20/58€8,059€8,903€12,160€180▼ 98.5%
Current assets29/58€8,059€8,903€12,160€180▼ 98.5%
Stocks and contracts in progress3€5,000€0---
Stocks30/36€5,000€0---
Amounts receivable within one year40/41-€4,594€12,160€1▼ 100.0%
Trade receivables40--€12,160€0▼ 100%
Other amounts receivable41-€4,594€1€1=
Cash at bank and in hand54/58€3,059€4,309€0€180-
Equity and liabilities
Total equity and liabilities10/49€8,059€8,903€12,160€180▼ 98.5%
Equity10/15€3,084€8,903€7,760-€542▼ 107%
Contributions10/11€18,000€18,000€18,000€18,000=
Profit (loss) carried forward14-€14,916-€9,097-€10,240-€18,542▼ 81.1%
Amounts payable17/49€4,975€0€4,400€723▼ 83.6%
Amounts payable within one year42/48€4,975€0€4,400€723▼ 83.6%
Financial debts43--€36€0▼ 100%
Credit institutions430/8--€36€0▼ 100%
Trade debts44€2,385€0€1,880€0▼ 100%
Suppliers440/4€2,385€0€1,880€0▼ 100%
Taxes, remuneration and social security45€1,705€0€2,406€43▼ 98.2%
Taxes450/3€1,705€0€2,406€43▼ 98.2%
Other amounts payable47/48€885€0€78€679▲ 769%
Line2022202320242025Change
Profit (loss) for the period9904-€14,916€5,819-€1,143-€8,303▼ 626%
Operating cash flow (approximation)-€14,916€5,819-€1,143-€8,303▼ 626%
Change in cash-€1,250-€4,309€180▲ 104%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
01-02
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 1 day late
2025
31-01
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 212 days late
30-06
Financial Back to profitnet €5,819
Net result €5,819 after one loss-making year.
Financial milestoneNBB 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
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Zottegem · 1 establishment unit since 2021
seat establishment The establishment unit on the map
Ground area
2,497 m²
Building footprint
354 m²
Volume, LiDAR
1,967 m³
2 parcels, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
So’Belle
Oombergenstraat 53, 9620 ZottegemRetail trade
since 20212.320.701.343
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
41013B0714/00C000 Flanders 1,283 m² 1 · 204 m² 7.7 m · 2 fl.
41013B0714/00D000 Flanders 1,215 m² 1 · 150 m² 9.1 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 24,852 companies in sector 96220 we hold annual accounts for 1,445. 1,026 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded05-08-2021
Fiscal year end30-06
Activities, NACEBEL 2025
96220Beauty care and other beauty treatments
47715Retail trade
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
E-invoicing
Reachable via Peppol
Peppol ID 0208:0772308159
Also 9925:BE0772308159
Registered 19-07-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.