SOMETHING ELSE
ActiveSummary
SOMETHING ELSE has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €46k and a net result of €4k. Equity is growing by ~40.3% per year across the filed fiscal years. Its solvency ranks better than 37% of 7750 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
67
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▲+27
Solvency59▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity short (current ratio 0.22 against 0.21 in 2024; short-term debt: 47.2% and cash: 1.8% of total assets), and 65.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
34.3%
Return on assets
3%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 28-04-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
1 d early
2023
1 d early
2022
5 d early
2021
5 d early
2020
7 d early
2019
24 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€46k▲ 9.6%
2024 · €42k
2018: €-3k
2019: €-2k
2020: €-317
2021: €13k
2022: €28k
2023: €43k
2024: €42k
2018 → 2025
Total assets
€135k▲ 4.5%
2024 · €129k
2018: €3k
2019: €4k
2020: €8k
2021: €24k
2022: €44k
2023: €108k
2024: €129k
2018 → 2025
Net result
€4k
2024 · €-682
2018: €-6k
2019: €958
2020: €2k
2021: €13k
2022: €15k
2023: €15k
2024: €-682
2018 → 2025
Working capital
€-50k▼ 4.5%
2024 · €-48k
2018: €-3k
2019: €-2k
2020: €-1k
2021: €12k
2022: €21k
2023: €-20k
2024: €-48k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€13k-€28k▲ 118%€43k▲ 53.8%€42k▼ 1.6%€46k▲ 9.6%
Operating result€20k-€24k▲ 17.8%€23k▼ 0.6%€1k▼ 94.5%€8k▲ 550%
Net result€13k-€15k▲ 15.4%€15k▼ 0.8%€-682€4k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 550% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €135k
Fixed assets
€121k ▲ 3.9%
Current assets
€14k ▲ 10.5%
Equity and liabilities €135k
Equity
€46k ▲ 9.6%
Debt
€89k ▲ 2.1%
Debt's share of the balance-sheet total falls from 67.3% to 65.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€15k▲
2024 · €6k
Cash flow
€11k▲
2024 · €4k
Current ratio
0.22▲
2024 · 0.21
Debt to equity
1.92▼
2024 · 2.06
ROE
8.7%▲
2024 · -1.6%
ROA
3.0%▲
2024 · -0.5%
Interest coverage
8.44▲
2024 · 3.24
Debt ≤ 1 year
€64k▲
2024 · €60k
Debt > 1 year
€25k=
2024 · €25k
Income taxes
€3k▲
2024 · €263
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€129k€135k▲
Fixed assets21/28€117k€121k▲
Intangible fixed assets21€1k€760▼
Tangible fixed assets22/27€115k€120k▲
Land and buildings22€107k€114k▲
Plant, machinery and equipment23€1k€825▼
Furniture and vehicles24€7k€5k▼
Current assets29/58€12k€14k▲
Amounts receivable within one year40/41€5k€10k▲
Trade receivables40€5k€10k▲
Other amounts receivable41€6-
Cash at bank and in hand54/58€6k€2k▼
Deferred charges and accrued income490/1€1k€1k▼
Equity and liabilities
Total equity and liabilities10/49€129k€135k▲
Equity10/15€42k€46k▲
Contributions10/11€6k€6k=
Reserves13€37k€40k▲
Distributable reserves133€37k€40k▲
Profit (loss) carried forward14€-682-
Amounts payable17/49€87k€89k▲
Amounts payable after more than one year17€25k€25k=
Financial debts170/4€25k€25k=
Amounts payable within one year42/48€60k€64k▲
Trade debts44€10k€9k▼
Suppliers440/4€10k€9k▼
Taxes, remuneration and social security45€1k€5k▲
Taxes450/3€1k€5k▲
Other amounts payable47/48€49k€49k▲
Accrued charges and deferred income492/3€2k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€6k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€7k€16k▲
Operating profit (loss)9901€1k€8k▲
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€-420€7k▲
Income taxes67/77€263€3k▲
Profit (loss) for the period9904€-682€4k▲
Profit (loss) for the period to be appropriated9905€-682€4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-682€3k▲
Profit (loss) brought forward from the previous period14P-€-682
Transfer to equity691/2-€3k
To other reserves6921-€3k
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
29-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
25-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Highest result since 2018net €15k ▲15.4%
Operating result €24k, net result €15k, both a record.
25-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Liquidity triplescurrent ratio 2.14
Current ratio from 0.85 to 2.14.
23-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
06-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Back to profitnet €958
Net result €958 after one loss-making year.
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
20-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
25-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Gent · 1 establishment unit since 2004
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Henri de Sagherstraat 149031 GentGround area
800 m²
Building footprint
156 m²
Volume, LiDAR
905 m³
Parcel 44017B0200/00R000, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SOMETHING ELSE
since 20042.142.164.826
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44017B0200/00R000 | Flanders | 800 m² | 1 · 155 m² | 8.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 256 EUR awarded · 215 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 149 EUR | 215 EUR |
| 2022 | 1 | 107 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 24,500 companies in sector 82990 we hold annual accounts for 9,404. 6,862 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-05-2004
Fiscal year end30-09
Activities, NACEBEL 2025
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.