Equity
Debts exceed assets in financial year 2025.
Debts exceed assets in financial year 2025.
Every financial year from 2023 to 2025 closed with a loss. 2023 was the heaviest.
SSRA pays its suppliers 26 days later than in 2024.
The 2024 accounts came 6 days late. The other two were filed on time.
Lower solvency than 95% of companies in personal services. Sector median 26.7% · 6,266 companies.
In July 2024, 7,654 companies had the same profile as SSRA has now. Each dot stands for 20 companies, two years later.
Another 0.8% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 7,654 companies, not a prediction for SSRA. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| SSRA Duffel | €4,385 | -€12,952 | -950.6% | - |
| SUAREZ MATEO Antwerp | €4,816 | -€10,921 | -249.3% | - |
| Salon Queen Herentals | €5,533 | -€5,926 | -160.1% | - |
| Salon Dolce Institut Ternat | €4,354 | -€1,937 | -173.2% | - |
| OTT-MN Schaerbeek | €4,694 | €1,011 | 80.4% | - |
| LINASIL Molenbeek-Saint-Jean | €4,221 | -€5,983 | -1121.8% | - |
| MJ Coiffure Kortrijk | €4,856 | -€4,917 | -235.7% | - |
These companies have the same main activity as SSRA: hairdressing and barber services (NACE 96210). They are comparable in size and age: total assets between €4,220 and €5,530, founded between 2022 and 2023.
The 2025 annual accounts show negative equity (-€41,683) and a net result of -€18,111. Equity has been shrinking by about 55% per year since 2023.
Its solvency ranks better than 5% of 6,266 sector peers (NACE 96, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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