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SomethingELS

Active
Private limited company (pre-2019)founded 2009active for 17 yearsLeuvenselaan 168, 3300 Tienen, BelgiumKBO/BCE: BE 0811.822.395
Summary

The computed 12-month bankruptcy probability of SomethingELS is 2.1% (moderate). The 2024 annual accounts show negative equity (-€76,549) and a net result of €48,814. Equity is growing by about 2.9% per year across the filed financial years. Its solvency ranks better than 21% of 6,099 sector peers (NACE 96, financial year 2024). The company has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Hairdressing and barber services
NACE 96210
1 site
Size
€197,190total assets 2024
Staff
1.6 FTE
Equity
-€76,549
Profit
€48,814
Turnover not published (micro format)
Financial health
53 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
2.1%
Structure
Parent
ELRUNI · 99%
Accounts 76 days overdue2 of 6 deeds read
Why 53raises riskFigures for financial year 2024 (filed 06-12-2025)1 financial year not filed after the legal deadline; latest accounts 123 days late; 1 of the last 3 latelowers riskFounded in 2009Size: total assets €197,190Show the evidence

Checked score

Score 2024
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 47% of its sector peers (NACE 96, micro)
Financial strength · tick = 2023
Weak
Solvency 0=
equity -38.8% of total assets
Liquidity 15+12
short-term debt 78.9% · cash 6.6%
Profitability 100+59
return on assets 24.8%
Bankruptcy probability, 12 months
2.1% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (7,599 companies, NACE 96, micro)
Last 24 months 11-2024: 1.0% 12-2024: 1.0%● unchanged vs 11-2024 01-2025: 0.9%▼ -0.1 percentage points vs 12-2024 02-2025: 0.9%● unchanged vs 01-2025 03-2025: 0.9%● unchanged vs 02-2025 04-2025: 0.9%● unchanged vs 03-2025 05-2025: 0.9%● unchanged vs 04-2025 06-2025: 0.8%▼ -0.1 percentage points vs 05-2025lowest value 07-2025: 1.0%▲ +0.2 percentage points vs 06-2025 08-2025: 1.5%▲ +0.5 percentage points vs 07-2025 09-2025: 1.8%▲ +0.3 percentage points vs 08-2025 10-2025: 2.4%▲ +0.6 percentage points vs 09-2025 11-2025: 2.7%▲ +0.3 percentage points vs 10-2025 12-2025: 3.4%▲ +0.7 percentage points vs 11-2025highest value 01-2026: 1.0%▼ -2.4 percentage points vs 12-2025 02-2026: 1.0%● unchanged vs 01-2026 03-2026: 1.0%● unchanged vs 02-2026 04-2026: 1.0%● unchanged vs 03-2026 05-2026: 1.0%● unchanged vs 04-2026 06-2026: 1.0%● unchanged vs 05-2026 07-2026: 1.0%● unchanged vs 06-2026 08-2026: 1.4%▲ +0.4 percentage points vs 07-2026 09-2026: 1.6%▲ +0.2 percentage points vs 08-2026 10-2026: 2.1%▲ +0.5 percentage points vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.65, compared with 0.49 in 2023, below 1; short-term debt: 78.9% and cash: 6.6% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 96, micro): better than 11% on solvency, 13% on liquidity, 85% on profitability and 78% on growth.

The bankruptcy probability was computed on 14-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed 06-12-2025)
NBB · annual accounts
lowers risk · Founded in 2009
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · 1 financial year not filed after the legal deadline; latest accounts 123 days late; 1 of the last 3 late
NBB · filings
lowers risk · Size: total assets €197,190
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 6099 sector peers (2024).
NBB · sector comparison
Position among 6099 sector peers
Solvency
better than 21%
← weakest strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 76 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline15-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-12-2025, 123 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
123 days late
2023
13 days late
2022
16 days late
2021
22 days late
2020
30 days late
2019
23 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 38 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. Capital & shares · Purpose ·…Resignation: MELLAERTS Els (director) ·…
  2. RestructuringPermanent representative: Giesen Pieter-Jan ·…
  3. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Risk: Negative equityfinancial year 2024: debts exceed assets -€76,549 View
  • Caution: Among the weakest 6% on equitysector median €14,402 · 6,110 companies -€76,549 View
  • Caution: Accounts not fileddeadline was 31-07-2026 76 days late View
  • 2 restructurings in 2026latest: merger with ELRUNI 2 View
  • Controlled by ELRUNI 99% View
  • New directorlatest change 07-09-2026 · 1 in office 1 joined View

By topic

Financials

Financial year
2024
Total assets
€197,190
Profit
€48,814
Solvency
-38.8%
Total assets▲ 3.6%
Net result
20182024
Go to Financials

Timeline

Events
19
Since
2011
  1. 31-12-2024Highest result from 2018 to 2024
  2. 13-08-2024Annual accounts filed
  3. 16-08-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Hairdressing and barber servicesNACE 96210
Founded
19-05-2009
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
43
Who signs
Each director alone
Annual meeting
First Thursday of June at 10:00
Purpose
“De uitbating van haarkapperssalons voor dames en heren, de aan- en verkoop in het klein…” (deed in Dutch)
Go to Articles of association

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